About Pitzer > Annual Reports of Excellence > 2007
A Strong Financial Future
Pitzer College's fundraising efforts continued to set records in 2006–07. Led by generous members of the Board of Trustees, nearly 3,000 alumni, parents, faculty and staff, friends, and organizations contributed to the College for a wide range of vital projects. The number of donors at the President's Circle level ($1,000 and above) has increased by 50 percent during the past six years, while total contributions to the Annual Fund have increased by 32 percent, reaching an all-time high in 2006–07 of $1,481,000 raised in a single year.
Mirroring the financial security realized through a maturing fundraising program, the College's endowment has experienced significant growth during the past six years, increasing by 136 percent to its current market value of $106 million in spite of significant market volatility. This growth is attributed to a combination of new gifts to support the endowment as well as careful attention to prudent, long-term investment strategies. Pitzer also realized substantial growth in 2006 when it received its largest gift to date—$15 million from the estate of Roger C. Holden, one of the College's early trustees. Collective gifts received throughout the year help the College achieve key initiatives such as strengthening its academic programs and funding student scholarships.