Contributions to the UMCOE Foundation Surpass $100K

In the spring meeting of the COE Dean’s Engineering Advisory Council, the UMCOE Foundation was able to report to DEAC that it had now received over $100,000 in donor contributions since it’s initial “start-up” campaign in late 2010.  These contributions have been from individuals, Foundations, corporate matching, and most recently from an electric cooperative.  (See article on MEERC)  As a result, after paying for the overhead of starting this 501(c)(3) organization, the UMCOE Foundation has been able to contribute back to the COE with a Library Study Room upgrade project, the contribution to MEERC and $34,500 in the 2012 Scholarship Campaign.  In many cases, the Foundation is providing these contributions without applying an administrative overhead fee.