Thursday, April 06, 2006

The Chronicle, 4/6/2006: Turning College Students Into Lifelong Philanthropists

The Chronicle, 4/6/2006: Turning College Students Into Lifelong Philanthropists: "Turning College Students Into Lifelong Philanthropists

By Maria Di Mento

Getting college students to become lifelong donors is a challenge for many colleges and universities. At the University of California at San Diego, officials decided that giving students a chance to raise, invest, and distribute charitable funds would help make them loyal donors to their alma mater, as well as to other causes. Early signs show their hunch is working.

In 1999, the California institution raised $100,000 from Marc Brutten, the founder and chairman of Westcore Properties, a real-estate investment firm in San Diego, and his wife, Patricia, both alumni of the university, to create the UCSD Student Foundation as a subsidiary of the campus's fund-raising arm. Students run the entire operation, which mostly channels money to scholarships."

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