Wharton Alumni Magazine
Summer 2004
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MBA Class Gifts Set New Records

Amid tough economic times, the Wharton MBA class of 2004 raised a total class gift of $776,690 while setting new records for class gift participation. Combined participation of the East and West coast MBA for Executives classes and the traditional MBA class was 98.3 percent.

The graduating East coast and West coast MBA for Executives classes had an unprecedented 100 percent participation in raising a total of $327,772, including challenge gifts from Beth W. Nelson, WG'82. In honor of the participation record, Ms. Nelson offered an additional gift to bring the combined (East and West coast) Wharton MBA for Executives class gift total to $350,000.

Following a record-breaking year in 2003, the MBA class of 2004 set its own record with the highest-ever number of Wharton class gift donors: 764. Class participation was 95 percent, with 97 percent participation of international students. The total gift raised was $426,690, including $50,000 from an anonymous challenge donor.

Associate Dean for External Affairs Steven Oliveira stated, "The Wharton MBA Class of 2004 has made the largest graduating class gift in the history of any business school. We believe that this may also be the largest graduating class gift in the history of higher education. The level of participation achieved by this class is an inspiration to all Wharton Alumni."

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