Why do universities fundraise?
All universities run fundraising initiatives to supplement their income. The money they use from fundraising is generally put to new building works, new student resources, additional scholarships, and research support.
What is an Annual Fund?
An Annual Fund is a yearly fundraising campaign. It runs for a specific time, and generally aims to raise a specific amount of funds for a specific purpose. It is a common fundraising technique for universities, but 2010 was the first year Bond launched this campaign.
Fundraising at Bond
Why does Bond need an Annual Fund?
Bond University is a not-for-profit university, which means we receive very limited funding from the government to support our teaching, student resources and building development. We rely on philanthropy to continue to provide our students with the best possible learning experience. For example, our Annual Fund enables us to provide critical scholarships, research, resources, and support for students to make the most of their time at Bond by taking up as many opportunities as possible.
It seems like Bond has a lot of money already. Will my gift make a difference?
Yes, it will! Your participation helps make outstanding programs and services available to current students. Higher participation rates enhance the University’s reputation and the value of the degrees it confers. Your gifts, along with the hundreds of others, make an important difference in the daily life of Bond University students.
More than 500 alumni, parents, and friends donated to Bond University’s Annual Fund in 2012. Their generous contributions allow the University to provide the diverse opportunities that define Bond as a world-class institution.
Doesn’t tuition cover these costs?
Bond’s Annual Fund and other fundraising activities provide research grants, resources, scholarships (like the alumni travel scholarship), student support (via the Student Opportunity Fund) and new buildings (like the library upgrade, alumni court and Balnaves multimedia learning centre). All of these were made possible through philanthropy, above and beyond tuition.
How do you choose where to spend the money?
We’ve based the funding priorities for the 2013 Bond Annual Fund on the needs identified by Bond students and teachers. In addition, we have relied heavily on feedback from alumni as to where they would like their donations to be spent.
Why should I consider a multi-year pledge?
A multi-year pledge can help you keep track of your giving, cut down on annual solicitations, and ensure that you continue to support the Annual Fund each and every financial year.
What is the Chancellor’s Circle?
In celebration of our most generous supporters, Bond University has established the Chancellor’s Circle, which proudly and publicly acknowledges those individuals who donate $1,250 or more in a calendar year towards supporting the unique learning experiences and outcomes available at Bond.
What are the different ways I can make my annual fund gift to Bond?
Bond University accepts Visa, MasterCard, or American Express, which you can use to make your gift via our secure online giving form or over the phone at +61 (7) 5595 4403. To make your annual fund gift with a cheque, please follow our mailing instructions.
Is my gift tax deductible?
Yes, if you are in Australia. All gifts over $2 are tax deductible.