Fundraising News
The Timothy Fund
Each year Timothy conducts an annual fund drive known as the Timothy Fund. The Timothy Fund is, at minimum, the difference between the amount which comes to Timothy through tuition and the actual cost of education. Whenver we are able to go beyond the Timothy Fund drive goal, we are able to address some of our program dreams in significant ways.
The Timothy Fund grows through contributions from:
- Parents
- Alumni
- "Sustaining Friends" who pledge an annual amount for the long haul
- Grandparents and other constituents
- Elmhurst area business and industry support
- Matching gift programs sponsored by constituent businesses
- Corporate matching gift programs
This page will provide regular updates on the status of the Timothy Fund.
Update on 2007-08 Timothy Fund Drive (December 2007)
The overall number of donors has increased in all areas, as has the number of donors using the secure website "Donate" page.
The Legacy Fund of the Timothy Foundation
The Legacy Fund through the earnings from the Timothy Foundation assets is used primarily to provide tuition assistance. It also provides direct assistance for faculty summer research projects.
As of December 2007 the Foundation's assets were over $5 million, and a recent $50,000 Challenge Match was met by Foundation Trustees.