This is what basketball success can do for a school.

Jsnhbe1Birds

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http://www.espn.com/mens-college-basketball/story/_/id/23500858/donations-loyola-chicago-ramblers-increased-660-percent-final-four-run

Excerpts:

A trip to the Final Four for Loyola-Chicago has resulted in a 660 percent increase in donations as compared to the previous year, the school announced Monday.

Donations to George Mason's athletic department went up 25 percent in the year after the team made it to the Final Four in 2006. VCU saw 500 new donors give money to the school in March 2011, when it went to its first Final Four, compared to a standard month of 30 to 40 new donors.

Gonzaga's run in the NCAA tournament, beginning as Cinderellas in 1999 and now being perennial contenders, has done wonders for the small school. Between 1999 and 2017, the school saw its endowment grow from $67 million to $213 million (up 218 percent), annual fundraising grow from $13.4 million to $31.1 million (up 127.7 percent) and total donors grow from 7,006 to 13,261 (up 89.3 percent).

The Final Four run could give the school a chance to become more national, as was the case with George Mason when the school received 54 percent more applications from out-of-state after its Final Four run.
 

CaliRdBrd

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Well, in that case, why don’t we just win more?

So maddening.
 

ChiRedbirdfan

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Jsnhbe1Birds said:
http://www.espn.com/mens-college-basketball/story/_/id/23500858/donations-loyola-chicago-ramblers-increased-660-percent-final-four-run

Excerpts:

A trip to the Final Four for Loyola-Chicago has resulted in a 660 percent increase in donations as compared to the previous year, the school announced Monday.

Donations to George Mason's athletic department went up 25 percent in the year after the team made it to the Final Four in 2006. VCU saw 500 new donors give money to the school in March 2011, when it went to its first Final Four, compared to a standard month of 30 to 40 new donors.

Gonzaga's run in the NCAA tournament, beginning as Cinderellas in 1999 and now being perennial contenders, has done wonders for the small school. Between 1999 and 2017, the school saw its endowment grow from $67 million to $213 million (up 218 percent), annual fundraising grow from $13.4 million to $31.1 million (up 127.7 percent) and total donors grow from 7,006 to 13,261 (up 89.3 percent).

The Final Four run could give the school a chance to become more national, as was the case with George Mason when the school received 54 percent more applications from out-of-state after its Final Four run.

A friend of mine had dinner two weeks ago with the Provost of Loyola and she said that enrollment in the fall will be increasing from 2300 freshman students this past year to nearly 2950 AND the average academic profile of the incoming class will be higher. Talk about an absolute win/win on a grand slam scale. They also had significantly more families come visit/tour the campus than any other year.
 

ChiRedbirdfan

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DBird said:
The dust still may settle !!!

It is my understanding that the Loyola deposit deadline has come and gone so the 2950 incoming class had to commit financially so that looks like a done deal. The new challenge is where to house all of the additional freshman. So it was said that Loyola was planning to grow enrollment however they just did not see it happening this fast. They hit their multi-year growth goal in one year....and yes Sister Jean, along with the team's success and image, they believe was a big part of the sudden growth.
 

Sladerunningbear

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Yes, having the quadruplets, Sisters Irene, Jean, Eileen and Imogene promote their school certainly helped.
 

CaliRdBrd

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Look no further than what Saban’s run at Alabama has done for that school. It’s mind-blowing.
 
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