Contributors Report 2017 Highlights $16.5 Million in Donations
The latest Contributors Report reveals that more students than ever benefit from generous financial aid at LAU.
The Lebanese American University’s (LAU) latest report on the support it received during Fiscal Year 2017 revealed that the university had raised an impressive $16.5+ million through 1,238 donations during that timeframe. The Contributors Report 2017, which covers the period from September 1, 2016 to August 31, 2017, highlights the tremendous impact of donations made to the institution, and provides valuable insight on the overall distribution of these contributions.
The money raised is thanks to LAU’s generous alumni, friends, businesses, NGOs and government entities who made in-kind and monetary gifts that enabled the institution to increase critical student financial support, advance facilities and learning spaces, and ultimately allow the university to continue to provide students with an unrivaled learning experience.
This year’s report offers readers an in-depth look at where donations were channeled, and information on the types of funds that donors give toward, as well as data and graphs, and inspiring student profiles of those who have benefited from scholarships and financial aid, which for Fiscal Year 2017 rose to 4,015 recipients. This is an increase of 14 percent from the previous fiscal year’s recipients of student financial support.
“What we achieved could not be possible without our invaluable supporters, and we are so grateful to them for helping us make an incredible impact on thousands of students,” said LAU President Joseph G. Jabbra.
Commenting on the outpouring of support for Fiscal Year 2017, which saw an increase of $3.5 million from the previous year, LAU Assistant Vice President for Development Nassib N. Nasr said: “We are incredibly grateful and fortunate to have such devoted benefactors who, together, make a tremendous impact on our students, our community, our region, and beyond.”
LAU’s Contributors Report is produced annually to recognize donors’ generosity and the difference it makes to the university and its students. It is put together by the university’s Office of Development, in coordination with several other departments.
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