CONWAY, Ark. (July 11, 2012) - Hendrix College completed its 2011-2012 fiscal year May 31, 2012, receiving $5.5 million in philanthropic support for annual, capital, and endowment needs.
Annual giving to Hendrix increased from $1.74 million last year to $1.89 million this year. More than 30 percent of alumni made gifts to the College. According to data from the Council for the Advancement and Support of Education (CASE), the national average for alumni participation at public and private baccalaureate institutions was 23.1 percent (27.3 at private institutions).
"We are grateful for the generous support we have received," said W. Ellis Arnold III, executive vice president and general counsel. "Annual Fund gifts support a range of priorities that enhance the overall student experience at Hendrix College, from financial assistance and scholarships to technology and faculty support for teaching and undergraduate research."
In October 2011, Hendrix successfully met a challenge grant from the Willard and Pat Walker Charitable Foundation of Fayetteville, Ark., raising more than $4 million to secure a $2 million grant. The $6 million endowment will provide engaged learning opportunities for students and faculty through Your Hendrix Odyssey: Engaging in Active Learning.
"We are thankful for the support of thousands of alumni, friends, the United Methodist Church, trustees, and foundations who provide the education and student experience that is uniquely Hendrix," said Michael V. Hutchison, associate vice president for development.
Founded in 1876, Hendrix College is a national leader in engaged liberal arts and sciences education. Hendrix was named the country's #1 "Up and Coming" liberal arts college for the third consecutive year by U.S. News and World Report. Hendrix is featured in the 2011 edition of the Princeton Review as one of the country's best 376 colleges and is listed in the 2012 edition of the Fiske Guide to Colleges as one of 25 "Best Buy" private colleges included. Hendrix has been affiliated with the United Methodist Church since 1884. For more information, visit www.hendrix.edu.