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Reply to "What is the minimum $$ I can donate to alma mater and still have my kids eligible for legacy bump?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Thanks. I'm more worried about it from the bad slacker end. I'm less concerned about trying to "buy my kid in" or something. It's more like, if I give zippo ever, are they going to think my kid is a bad prospect or something and then my kids' application will be harmed by my lack of participation? Do I need to give a little protectively to avoid that? [/quote] No. If you gave nothing, it will not impact your kid’s admission in any way, shape or form. Unless you’re donating enough to have a wing added on somewhere on campus, the amount you give (whether it’s $0 or $100 or $1000 a year) doesn’t matter. [/quote] I used to work in university development. Donations of less than 25K are generally handled in a more automatic process. After that point you will get a human contact but again keep in mind this is a minimum threshold. [/quote] I am 2500 a year and I have a person. Now that is every year for a number of years and am biglaw partner but she meets with me at my office once or twice a year. School has multi-billion endowment.[/quote] You have a person who meets with you regularly because their data suggests that you have capacity. That + your giving history leads them to believe that there are bigger gifts possible in the future. [/quote]
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