Quincy University has surpassed its seven-figure annual QU Fund goal for the seventh straight year. When combined with restricted giving and support of the school’s financial recovery campaign, a record $6.46 million was raised – double last year’s total giving. The QU Fund was chaired this year by Jerry and Mary Jo (Williams) Murphy ’70. The university announced the results at a celebration held on Friday, July 14, 2017.
“We are most grateful for the continuing support for the QU Fund. This will mark the 7th year that our benefactors helped us exceed $1 million in gifts. This is significant in light of the current financial recovery campaign” said Jerry Murphy ’70.
The QU Fund supports student scholarships, campus enhancements, technology upgrades and faculty development initiatives. In addition, the fund helps grow the university’s endowment, which ensures the longevity of the institution.
“Given the State of Illinois’ financial position, QU has found it necessary to become less reliant on government gifts and grants,” said Phil Conover, acting president. “I am pleased that we were able to achieve a record fundraising year thanks to our alumni, friends and business community for stepping up and filling this gap.”
Highlights of this year’s campaign include a 19% increase in donors to the President’s Club – gifts of $1,000 and higher.
“The QU Fund is vital to the continued success of the university which, in turn, is critical to the vibrancy of our region,” said Vice President for University Advancement, Julie Bell said. “This would not be possible without the tremendous support from our alumni, friends, local businesses and campus community.”