Development Success Advances Foundation's Mission
THE COLONIAL WILLIAMSBURG Foundation depends upon the generosity of many—more than 103,000 donors in 2004—to achieve its mission: connect America's past to the present.
Gifts help train the interpretive staff, conserve the antique and reconstructed buildings of the eighteenth-century city, and develop programs that educate and inspire guests who visit in person or through the Internet.
Gifts, grants, and payments on pledges in 2004 totaled $40,052,000. They pushed the Campaign for Colonial Williamsburg, the foundation's multiyear, $500 million comprehensive fund-raising effort, to $398,371,000, or 79 percent of its goal, by year's end.
Each gift helped fulfill the campaign's "People, Place, Purpose" goals, and illustrated the ways supporters can participate in the campaign. Underlining their admiration for such founding fathers as George Washington, Kitte and Royce Baker of Rancho Santa Fe, California, gave $1 million to endow programs that feature Nation Builders.
Leonore Annenberg of Saint Davids, Pennsylvania, pledged $500,000 through the Annenberg Foundation for Nation Builders as well. Carole Crocker of Lake City, Florida, pledged $500,000 for Great Hopes Plantation, and Ruth and Joe Lasser of White Plains, New York, added to earlier gifts of colonial coins and numismatic items, materials valued at nearly $2 million.
Virginialee and Ed Lynch of Vancouver, Washington, committed a $2.5 million bequest to the campaign. Madonna and Harold Matheson of Malibu, California, established a $421,000 charitable remainder trust to support the Colonial Williamsburg Teacher Institute. The foundation received a record $4.2 million in estate distributions, including $1.2 million from Jeanne and Willard Hoffmire of Pittsburgh, and $1.5 million from Elizabeth and Joseph Handley of Carmel, California.
For the third consecutive year, donors to the annual Colonial Williamsburg Fund numbered more than 100,000. Fund gift totals reached a record $12,441,000. The number of new donors—27,901—set another record, as did the average gift size. People from all fifty states participated, some making multiple gifts.