Blog Post June 3

Investing in the Future: The Crucial Role of Fiscal Year-End Giving for Higher Education

Why Year-End and Fiscal Year-End Giving Matters
As the fiscal year wraps up, it’s time to reflect on the immense value of education and the pivotal role it plays in shaping our future. For universities and other nonprofits, the end of the fiscal year is a crucial period for securing the necessary funds to continue their mission. At Tusculum University, your year-end and fiscal year-end support are more vital than ever.


Key Reasons Fiscal Year-End Giving is Essential
  1. Financial Stability: Your donations ensure the financial health of universities, providing essential funds for ongoing and future projects.
  2. Scholarships and Aid: Contributions support scholarships and financial aid, making education accessible to a diverse student body, including many first-generation college students.
  3. Enhanced Student Experience: Donations fund extracurricular activities, research opportunities, and community service programs, enriching the overall student experience.
  4. Operational Support: These funds help cover operational costs, ensuring that the university can maintain and improve its facilities and services.
  5. Community Engagement: End-of-year and fiscal year-end giving foster a sense of community, showing donors the tangible impact of their generosity on students’ lives and the broader community.

The Impact of Your Contribution
At Tusculum University, we pride ourselves on offering a personalized educational experience where every student is more than just a number. Our 230-year legacy as Tennessee’s oldest university is built on a foundation of academic excellence and community involvement. Your donations directly contribute to:


1. Scholarships and Financial Aid:
With 58% of our students being first-generation college attendees, your support ensures that higher education remains accessible and affordable.


2. Academic Excellence:
Donations fund essential teaching and research activities, allowing us to attract and retain top faculty and provide students with cutting-edge learning opportunities.


3. Community Engagement:
Your contributions support programs that encourage civic engagement and community service, helping students make a positive impact both locally and globally.


A Call to Action
As we approach the end of both the calendar year and our fiscal year on June 30, we invite you to join us in sustaining the mission of Tusculum University. Your gift, no matter the amount, makes a profound difference. By investing in Tusculum, you are not only supporting our current students but also contributing to the future of our community and nation.


Together, We Can Make a Difference
Your continued generosity ensures that Tusculum remains a beacon of hope and opportunity. Thank you for being part of our journey and for making a lasting impact on the lives of our students. Donate today and help us continue to build a brighter future for all.


In Summary
Year-end and fiscal year-end giving are more than just financial contributions; they are about investing in the future of education and the potential of every student at Tusculum University. Your support is crucial, and together, we can achieve great things. Thank you for your unwavering dedication and generosity.


Sources:
  • Bloomerang: 30% of all charitable giving in the U.S. occurs in December
  • MeyerComms: 12% of charitable giving happens in the last three days of the year
  • CASE: U.S. colleges and universities received $58 billion in donations