{"id":917,"date":"2025-09-05T08:15:00","date_gmt":"2025-09-05T08:15:00","guid":{"rendered":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/2025\/09\/05\/2025-09-05-gcc-raises-5263-million\/"},"modified":"2026-10-06T23:10:03","modified_gmt":"2026-10-06T23:10:03","slug":"2025-09-05-gcc-raises-5263-million","status":"publish","type":"post","link":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/2025\/09\/05\/2025-09-05-gcc-raises-5263-million\/","title":{"rendered":"GCC raises $52.63\u00a0million"},"content":{"rendered":"\n<p class=\"has-text-color has-link-color wp-elements-1 wp-block-paragraph\" style=\"color:#63635c;margin-bottom:22px;font-size:0.85rem;font-style:italic\">By <a href=\"\/thecollegian\/tag\/luke-paglia\/\">Luke Paglia<\/a> &middot; Photo Chief<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Grove City College raised a record $52.63 million in the 2024-25 fiscal year, blowing past the previous best of $36.7 million set during the last fiscal year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This year&#8217;s tally surpassed the previous record by 44% and doubled the 2022-23 fundraising total. The benchmark-setting effort was crucial to the college, which relies on donations to support the institution because it refuses to accept federal funding.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The $52.63 million designates donations for various scholarships and projects. Some of the top categories in this breakdown include $11.5 million for endowed scholarships, $1.6 million for pass-through scholarships, $2.6 million for unrestricted gifts and $16.7 million for capital projects. The rest of the funds will go toward academic departments, athletic teams and college programs like the Center for Rural Ministry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;The College needs to maintain and even increase the level of financial support from donors to position us well for the next 150 years,&#8221; Vice President for Institutional Advancement Jeff Prokovich said. &#8220;We need to increase our endowment to ensure that all students that want to attend Grove City College have the financial resources to do so.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The college&#8217;s endowment was $216 million before the fiscal year ended on June 30. The $36.7 million from the 2023-24 fiscal year is cash in hand and does not include pledges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Capital projects are attractive to students and faculty as they are often widely used and appreciated. Now, students and faculty are reaping the benefits of the newly refurbished Smith Hall, which used some of that capital project funding to finish the $48 million renovation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;I have had the opportunity to have microbiology and anatomy lab in the building. Having lab spaces specific to these courses has allowed me to practice lab techniques, such as dissection, which is a vital skill to develop for future healthcare professions,&#8221; senior biochemistry major Annalina Brant said. &#8220;Smith Hall has been a huge improvement to the STEM department to contribute to many students&#8217; future success!&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other projects include the baseball field scheduled to be ready for the spring 2026 season and the initial capital needed for the McNulty Athletic Center and the lower campus field house.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;These gifts are above average because of our current campaign, Impact 150, celebrating the college&#8217;s 150th anniversary in 2026,&#8221; Prokovich said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">January 2026 will mark 150 years of Grove City College, which has increased attention from alumni and other donors to fulfill the college&#8217;s Impact 150 fundraising campaign.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;We anticipate another significant fundraising year in 2025-2026 because we will begin to see the gifts from the David Rathburn estate gift,&#8221; Prokovich said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Former chairman of the board David Rathburn died in 2024 and left the college $70 million. The 2025-26 fiscal year will see the first use of the legacy gift. This money will be divided between financial aid and capital projects. Seventy-five percent of the donation will support student financial assistance and the remaining 25% will go toward building improvement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;These gifts benefit students, from increasing scholarship opportunities to ensuring they have access to the latest technology and state-of-the-art facilities to supporting programs that help them grow in wisdom and faith,&#8221; Prokovich told Grove City College in July. &#8220;And while figures like these may seem like they are beyond comprehension, we hope to build on our momentum so that we can provide even more opportunities and scholarships for our students.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grove City College raised a record $52.63 million in the 2024-25 fiscal year, blowing past the previous best of $36.7 million set during the last fiscal year. This year&#8217;s tally surpassed the<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[184],"tags":[14,73,26],"class_list":["post-917","post","type-post","status-publish","format-standard","hentry","category-administration","tag-front-page","tag-luke-paglia","tag-issue-2025-09-05"],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Ian Schartner","author_link":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/author\/schartnerij23\/"},"uagb_comment_info":0,"uagb_excerpt":"Grove City College raised a record $52.63 million in the 2024-25 fiscal year, blowing past the previous best of $36.7 million set during the last fiscal year. This year's tally surpassed the","_links":{"self":[{"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/posts\/917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/comments?post=917"}],"version-history":[{"count":1,"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/posts\/917\/revisions"}],"predecessor-version":[{"id":2040,"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/posts\/917\/revisions\/2040"}],"wp:attachment":[{"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/media?parent=917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/categories?post=917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stuorgs2.gcc.edu\/thecollegian\/wp-json\/wp\/v2\/tags?post=917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}