The change in tax laws, a bullish stock market, and a positive mood on campus are among the factors that Alumni Fund ministrators credit for a record-breaking year so far. By mid-February, the Alumni Fund total stood at $6.9 million, an increase of 30 percent over last year. The number of donors is running about 11 percent higher than at this time last year.
Tax laws are still a factor. Although the tax savings for 1987 contributions are not as generous as last year, "tax savings on gifts will be higher this year than in 1988 because of a further drop in tax rates next year," said Alumni Fund Director Henry Eberhardt '61.
If the present pace continues, several new reunion giving records might be set when the Alumni Fund closes its fiscal year on June 15.