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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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][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.

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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]

Exactly. I donated minimal to my alma mater, but they clearly had scraped my giving data, etc to see that I contributed a lot more to a number of non profits. They came to town, asked me to go to lunch, very casual. The next time they were in town, they invited me again. At some point in the meal, I indicated that I didn't really have the fondest memories of undergrad. Their faces fell. I picked up the tab at the end of the meal. [/quote]

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