Hollins Receives ‘Unprecedented and Extraordinary’ Challenge to Raise $10 Million

Hollins Sign

In recognition of Hollins University’s 175th anniversary this year, an anonymous donor has committed to give Hollins $5 million if, and only if, the university can raise $10 million in new gifts and pledges by June 30, 2017.

The challenge is inspired by the November announcement of the largest single gift assurance in school history: $20 million from Elizabeth Hall McDonnell, a member of Hollins’ class of 1962, and her husband, James S. McDonnell III, through the JSM Charitable Trust.

Hollins President Nancy Gray calls the challenge “unprecedented and extraordinary. Like the McDonnells’ gift commitment, this challenge is a wonderful testimony to Hollins. The donor challenges the Hollins community to rise to the occasion and support Hollins to the best of their ability.”

Gray notes that the challenge was officially made in mid-December, “but the donor was so impressed by the dedication shown by two alumnae earlier in the month, who each made a $1 million gift, that their gifts are being counted toward the $10 million goal, leaving only $8 million to be raised by June 30.

“We share the donor’s confidence and hope everyone is inspired to participate,” Gray adds. “No gift is too small and every single gift matters.”

To make your gift, please visit Make a Gift.


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