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Since 1927, gifts to The Penn Fund—from undergraduate alumni and parents like you—have made a profound and immediate impact on all aspects of student life and learning at the University by providing grant-based financial aid packages to undergraduates, supporting enhancements to academic programs and campus technology, and fostering community through student clubs and organizations. This longstanding tradition of loyal generosity allows donors to support the University’s greatest needs and highest priorities through the general fund, long-term scholarship support, and special reunion class projects.

How do we support Undergraduates at Penn?

Undergraduate Financial Aid
Residential and Campus Life
Academic Enrichment

Annual Impact Report

We are so grateful for your ongoing support.

The Penn Fund’s mission of ensuring a world-class academic and extracurricular experience across campus is truly only possible with your support. Gifts that count toward The Penn Fund always address the most pressing needs and core priorities up and down Locust Walk. All meaningful contributions vitally enhance every facet of academic, residential, and student life, and provide access to opportunity through robust grant-based financial aid packages to even attend the University in the first place. Simply put, our success each fiscal year highlights the collective strength of the Quaker community. In coming together through a shared spirit of philanthropy, you shine extra light on a bright future for those who follow in your footsteps. Thank you, thank you again. 

Fiscal Year 2023 (July 1, 2022–June 30, 2023)

FY2023 Annual Impact Report

June 30 may have marked the end of another fiscal year, but once again, the collective impact of undergraduate alumni, parents, and graduating seniors has made a significant impression on the entire Quaker community. It was loyal support from The Penn Fund’s donors and volunteers that guided student success yet again this past academic year.

Most remarkably, for the fifth year in a row, thousands within our community joined forces to raise gifts totaling a record-breaking amount—almost $54 million that counted toward The Penn Fund in FY2023. Individual contributions from 20,605 undergraduate alumni and graduating seniors bolstered essential financial aid, enhanced academic programs and technology, and maintained residential and campus spaces that feel like home. Thank you very much to all who chose to honor the University with their philanthropy (again) this past academic year.

The entire Penn Fund team, including our amazing volunteers, is pleased to present the Annual Impact Report for Fiscal Year 2023.

View Our Annual Impact Report

FY2023 Year End Results

dollars raised
alumni donors
alumni volunteers
giving society members (leadership and loyal)
The University's fiscal year runs from July 1 to June 30.

Where We Stand

Your gift, no matter the size, is powerful.

Together, we are amazing. Your gift, in partnership with those from all annual donors, adds up to a significant amount of support for today’s undergraduate students. Check out the impact of your contribution.


individual endowed scholarships created or supported by donors in reunion years


gifts to The Penn Fund were of $1,000 or less


donors provide recurring support to The Penn Fund monthly, quarterly, and annually

Make it a red and blue dream come true.

Penn undergraduate alumni and parents have the opportunity to make a real difference for those who follow in their footsteps or their own students who attend the University today. Participation at any level will create a direct and immediate impact on campus.