THE RICE INVESTMENT
MATCHING GIFT CHALLENGE: FISCAL YEAR 2021 PROGRESS REPORT
The Rice Investment (TRI) Matching Gift Challenge, announced by President David W. Leebron on Oct. 30, 2020, has inspired members of the Rice community to create new scholarship endowments and augment existing endowments. As a result, support for TRI has increased significantly, propelling Rice to nearly 50% of its goal to raise $150 million by June 2025. Please join us in supporting need-based scholarship endowments by accessing funds provided by the Matching Gift Challenge through Dec. 31, 2021.
Goal: $150 million
IN FINANCIAL AID ENDOWMENTS BY JUNE 2025
FY 2021 Fundraising
Commitments to The Rice Investment from July 1, 2020 - June 30, 2021:$21,227,183

Matching Gift Funds Used to Date
As of June 30, 2021, $2.9 million in match funds have been utilized, including $1.7 million for new endowments and $1.2 million for additions to existing endowments.


Commitments made during the Challenge period are 48% greater than the average of the five previous years.
In just the first eight months of the Challenge, Rice has raised $14.4 million in scholarships, nearly the equivalent of the previous full fiscal year ($14.9 million in FY 2020).
If you are interested in learning more about The Rice Investment Matching Gift Program, contact Development and Alumni Relations at stewardship@rice.edu.