New Sweet Briar Budget Calls For $20M In Gifts For Fiscal '17

8/25/16

A fiscal year 2017 budget approved by Sweet Briar College’s Board of Directors during the weekend calls for $20 million in gifts to operate the college — out of an about $33 million total operating budget.

Reached Tuesday, Sweet Briar College Board Chairwoman Teresa Pike Tomlinson said the budgeted amount for donations doesn’t come as a surprise, as board members have been looking at a $20 million figure in budget drafts as early as January.

If achieved, it would rival the combined total of more than $22 million raised by the group Saving Sweet Briar in 2015 and the college itself between fall 2015 and July 2016.

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