$2.5 Million, Five-Year “Multiply the Good” Challenge Announced
November 1, 2010
The Monterey Institute of International Studies announced today that it has received a $2.5 million challenge commitment from an anonymous donor. The pledge was made with the intention of encouraging others to make leadership level annual gifts to the Institute.
“The anonymous donor is someone who has witnessed the upward trajectory of the Monterey Institute over the last several years and wants to ensure that the resources are available for us to continue on that path,” said Monterey Institute President Sunder Ramaswamy. “Charitable gifts make possible that margin of excellence and innovation that differentiates us from other graduate programs, and I am grateful that this donor recognizes and wishes to invest in that difference.”
The Institute will receive $500,000 a year for a total of five years, provided it raises $1,000,000 each year in new gifts of $5,000 or more to its annual fund.
“’Multiply the Good’ connotes the ripple effect that our students and alumni have on the world,” added Ramaswamy. “Whether through their expertise in language and cross-cultural communication, or their efforts in conflict resolution and nonproliferation and sustainable development, our graduates are trained to roll up their sleeves and make a difference in a variety of different fields, in just about every corner of the world.”
In addition to unrestricted support, donors will be encouraged to consider gifts to the following areas:
- Faculty development, research, and hiring
- Student financial aid
- Student immersive professional experiences
- Career and advising services
For more information on the “Multiply the Good” Challenge, or to participate by making a gift, please visit the Giving section or phone 831.647.3509.