UA-R-GC-1914-01-01-1988-02_Page-039

but they expect AUC to raise the rest. The three ca tegori .::s of givers are: foundations, twustees (families), and corporat:ions. frame for raising this endo~nent is about 18 months. possible The time It is po;.;..ihl.<' to oVrr l ;lf' f lll1(l r .. Ii ~; i . llq for t.he Libnn:y l~llc1n~f\ (, llt vli. t.11 the Dorlllitory Project. The Dormitory Project has less aJjr,2al in the United St'ates. One other possibility is Saudi Arabian aid. In Fiy,::td, the Kinq piJ.i sa l LilJriJ.ry is coll<7cti.nq iJ.ll of th~ t.exts ever writter, on I~>li)m i1nd they were interested in l\UC' s co l.l ection. The McCune grar,t and the e ndowment are, howe ver, s liJ.nted towards the general use of the library. 6. AnnuiJ.l Givinq To increas'e a nnual qivinq is no\,/ our most important :'1.r.ge ,'Jbject ive. Over the next few years l\UC lI cccl s to inct'e'a se annual funGI .:lisirq to about $2 million a year. vIe need in particular to do better WiUl Alu:nni giving. Corporations do not often g ive money to capital projects. They prefer to qive. certain iJ.lnounts to certiJ.in pr.ojrcts a nd to see thf' eml results. Mr. Hedlund suggested that much of the work for this needs to be done in Eg~pt. Obviously it will tiJ.ke a l ot of time a nd effor~ at p~rsona l contact to rai. s e' thp (\111111,:11 flmoJ to $7 lIlilli.on. Mrs. Miller spoke of a new givillq COllcept called "The President ' s Club" in which people who "dona te" $1000 annu a lly ·"ill receive .:<~rtai n privileqes. This concept, it is hoped, will appeal internationally as .7ell as locally. Only a :',;1 ,r:l1 percr::nt of i11urnn1. ('Irc contr ibuting to tlle a nnual fund. They have a general pcrcc'ption of l\UC as 'deiJ.l thy and not rloeding donations . This concept must change if they are to contribute adequately to annual funds. The a lumni prefer specific projects such as the Ev.'art. Hall ·renoviJ.tion project. The me~ting adjourned at 12:15 P.M