BOLT Needs Your Support
Alumni and parent donations are always critical to the success of BOLT. We truly appreciate your help with supporting the program each year!
Our program depends on the financial support provided by BOLT parents, alumni and friends to allow us to offer financial aid to our BOLTers and our Leaders, continue our backpacking and hiking trips, improve the quality of our fall programming events, maintain our ability to lend out equipment and improve the quality of leader training. Without your support, we would not be able to offer BOLT as an opportunity for students at Brown.
Currently, BOLT is funded through a combination of contributions: 47% by student fees, 23% by the University and 30% by alumni and parent support through direct gifts (10%) and our annual endowment yield (20%).
Annual Phone-a-thon for BOLTer Financial Assistance
Each January as classes begin (week 3), we have the opportunity to partner with Brown's Advancement Office to use Brown's official call center to reach out to our BOLT Alums and parents to ask for their help. The caller ID will say "Brown University" and on the other end will be one of our current leaders, our program director (Shelley) or one of our founders (Dean Rose). Through this phone-a-thon we aim to raise the funding we need to offer financial aid to our BOLTers. It is important to us to pass the BOLT experience on and to ensure that our program is accessible regardless of a students ability to fully pay the program fee for participation. This annual event also helps us stay connected to our alums and to answer parent and alum questions about the program.
Your Support Matters
This year, we were able to offer a variety of Fall Program events and workshops, including small group gatherings, two leadership workshops led by our student leaders, "Family Group" events (4 BOLT groups combined), traditions such as our BOLT Wars (a spin off the first year Unit Wars field day) a slide show and a Thanksgiving Celebration for all-BOLT, all years. With your help, we can continue to add new events to our schedule, growing the BOLT community at Brown and beyond.
We were able to ensure that participating in BOLT is need-blind, meaning that we are able to offer financial assistance to our BOLTers (participants) and our Leaders.
Each year our BOLTers have needed an average of $6,000 in financial assistance for participation fees. Our Leaders obtain their national certifications in cardiopulmonary resuscitation (CPR), wilderness first aid (WFA) and wilderness first responder (WFR) prior to leading a trip and we average about $1,200 in financial assistance in requests to assist with course fees.
Each year, we also replace worn and damaged gear -- both group gear (tarps, ropes, cooking gear, bear bags) and individual loaner gear (rain gear, sleeping bags, sleeping pads, backpacks).
We have two gift accounts that our donors may choose to support: "Current Use" and "Brown Outdoor Leadership Training (BOLT) Endowment."
Current Use Gifts
We rely on a collection of about 100 gifts each year that provides $5,000-$6,000 in "current use" support. This is funding that is immediately available for program use towards current needs. Our ability to provide BOLTer financial aid is based on our current use gifts from our family and friends.
A number of years ago, BOLT began building an endowment with the goal of establishing the program's sustainability in a permanent way for future generations of leaders and participants.
Thank you for your generosity and support!
As of June 30, 2015, Our endowment has a book value of $390,516.79 which holds a market value $487,521.91 and its annual yield (interest earned) permanently supports our operating costs including the calendar of fall events, leader training, leader financial aid for wilderness certification courses, gear replacement and our general operating costs. The current annual yield available to support the program from this fund is $23,181 (a $1,115 increase for FY16).
We are truly grateful to our leaders, alumni and parents for their support in our efforts to secure BOLT's future at Brown!