November 24, 2008
An anonymous donor has offered Luther College a $250,000 challenge gift to increase unrestricted giving to the college's Annual Fund.
The challenge gift will match, dollar-for-dollar, all new gifts and increases in gifts to the Luther Annual Fund.
The anonymous donor is providing up to $50,000 per year for five years in matching donations to the Annual Fund with a goal of increasing the total in giving and total number of donors.
"This is an exciting opportunity for current Annual Fund donors to renew and significantly increase their gifts," said Maria Smith, director of annual giving and the Luther Phonathon. "It is also a chance for new donors to double the value of their first gift to the Luther Annual Fund."