Alumni and Development

Giving Societies

Gifts to The Drake Fund enhance the high quality of the Drake University experience every day, because they support ongoing operating expenses such as financial aid, library acquisitions, faculty salaries, equipment purchases, and much more. These gifts allow the University to reduce its dependence on tuition income and build a stronger financial foundation positioning Drake to act on opportunities, prevail over economic uncertainties, and achieve a future of national prominence.

Gifts to restricted funds at Drake allow the University to grow and expand existing programs and provide the dollars necessary to implement new programs and projects that cannot be supported through the University’s general operating budget. Gifts to capital projects support renovations to, and expansion of, the University’s physical plant. Gifts to endowed funds provide for the long-term financial security of Drake through the generation of endowment income to support the University’s operations and financial health in perpetuity.

Annual Fund President's Circle Membership Levels

1881 Charter Member: $50,000+ 
Veritas Society:  $25,000–$49,999 
George T. Carpenter Society:  $15,000–$24,999 
Daniel Morehouse Club:  $10,000–$14,999 
Mary Carpenter Society: $5,000–$9,999 
Legacy Partner: $2,500–$4,999 
Member: $1,000–$2,499 
Associate Member: $500–$999 

The Old Main Society recognizes donors who have made gifts of $1,000 or more to Drake in support of a restricted, capital, or endowed project. Membership in The Old Main Society confers the same benefits as membership in the President’s Circle and is extended to those generous donors who have designated their support to an area other than the annual fund.

The Bonnie and Lewis McNurlen Consecutive Years of Giving Society recognizes committed and loyal alumni who make gifts to Drake in any amount and for any purpose in two or more consecutive years. Once you make a gift in two consecutive years you become a member of the McNurlen Society and remain a member as long as you make a gift in each successive fiscal year to any area of Drake and in any amount.