| The Penn Fund solicits
unrestricted gifts annually from alumni holding undergraduate
degrees as well as from friends of the University. This tradition
started in 1927 and is a major source of funds that help underwrite
the education expenses for all current Penn students.
Gifts to The Penn Fund help the University
maintain its ranking as one of the premier universities
in the nation in terms of the quality of its students, its
faculty, its academic and extracurricular programs, and
its research. As universities grow more competitive in recruiting
the best students and faculty and providing top-flight facilities
and resources, the challenges for securing external funding
increase dramatically.
The Penn Fund is becoming ever more vital to
the University as the major source for this funding, particularly
that which is directed toward the operating budget.
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