With a smaller endowment in comparison to our peers, PC relies heavily on the Annual Fund to ensure we remain competitive and have the ability to “punch above our weight.” Gifts to the PC Fund are put to use immediately and directed to the areas where they are most urgently needed. Tuition fees account only for a portion of PC’s annual budget. Donations directed to the PC Fund build a bridge between tuition revenues and the actual cost of a PC education, ensuring that all students have access to a premier, Catholic liberal arts education.
Angel Fund – Emergency Financial Support
The Angel Fund provides an ongoing source of emergency financial support, such as, financial aid so that current students of families with unexpected and extraordinary financial challenges can continue their studies at Providence College. It is a top priority of President Rev. Brian J. Shanley, O.P. ’80 to ensure that each and every student will have the resources necessary to complete his or her PC education.
The Parents Fund, which is part of the Annual Fund, is one of the College’s top priorities. Since 1968, the Parents Fund has served as a vital resource to respond to the existing and emerging needs of students. It is another way parents can be a part of the PC community and help enhance the undergraduate experience. Parents Fund Gifts are put to immediate use and directed to the areas where they are most urgently needed, such as: student-faculty research; 100+ student organizations; internship opportunities and career services; state-of-the-art indoor and outdoor classroom spaces; and the College’s strong NCAA DI athletic program.
Gifts to the Friars Forever Athletic Fund improve athletics facilities and provide scholarship and academic support to the department’s 300 student-athletes who compete in 19 varsity sports. Financial contributions are essential for the continued growth and success of Friar athletics and benefit all athletic programs.
Reunion Giving – Shared Support
During a reunion year, alumni often increase their annual giving commitment to commemorate this important milestone. Reunion giving makes up a significant portion of the College’s annual fund and allows your class to create a meaningful legacy at PC. Your reunion gift is combined with gifts from all of your classmates, multiplying its impact. Your class spirit and support benefit PC in many ways—from financial aid and state-of-the-art classrooms to student clubs and organizations to top-rated athletic programs.
Endowed Scholarships – Endowment
Scholarship endowments provide much-needed financial support to well-qualified students who otherwise would not be able to afford a PC education. Many generous benefactors have established endowed scholarship funds to ensure that future generations of students will continue to benefit from the high standards of excellence and personalized learning that are the hallmarks of a PC education.
Establishing an endowed scholarship fund offers donors the opportunity to create a personal legacy at Providence College, including a named memorial or family scholarship. Gifts for scholarship endowments begin at $50,000. Donors are kept informed about the progress of their funds through written annual reports and communications from their scholarship recipients.
Torch Scholarships – Expendable
Torch Scholarships offer donors a unique opportunity to have a positive impact on the life of a promising PC student with financial need. With a gift of $20,000, donors can create a four-year expendable scholarship, which can be renewed at the donor’s request. Donors will receive an annual notification about the student awarded their scholarship, including the student’s name, hometown, class year, and program of study.
1917 Society – Lifetime Giving
Since its founding in 1917, Providence College has been blessed with loyal and supportive alumni and friends. In acknowledgement of those who have given so generously, the 1917 Society recognizes cumulative lifetime giving to Providence College. Membership is extended to donors who have contributed a minimum of $250,000 during their lifetime.
Many donors help to secure the future strength and position of Providence College by including PC in their wills. The Harkins Society recognizes benefactors who have named Providence College in their estate plans through bequests or other types of deferred gifts. Planned gifts can be made in several ways, including specifying a dollar amount or asset, such as securities; leaving all or a percentage of one’s estate; or leaving a residual interest. Planned gifts can be designated for restricted purposes — such as an endowed scholarship — or left completely unrestricted.
If you have named Providence College in your will or trust, established a life income plan, or made the College the beneficiary of an insurance policy or retirement plan, please notify us so we can welcome you into the Harkins Society.
St. Dominic Society – Leadership Annual Giving
The St. Dominic Society recognizes the College’s most generous donors — alumni, parents, corporate partners, faculty, staff, and friends — who make an annual gift of $1,917 or more to Providence College. Members play a principal role in advancing the educational and spiritual mission of Providence College.
Young alumni are encouraged to join the St. Dominic Society. Recognizing that the capacity for young alumni to give may not be as great as that of more established alumni, Young Alumni St. Dominic Society membership is designed to recognize those who graduated within the past 10 years for leadership giving based upon year of graduation.