Louisiana Athletics Announces Record-Setting Fundraising in 2020-21

[NewsCopy]

Louisiana Athletics and the Ragin' Cajuns Athletic Foundation (RCAF) announced its best fundraising year in department history following the 2020-21 athletic campaign, continuing the surge of momentum both on and off the field for the Ragin' Cajuns.

The department saw a 468% growth in total giving over the last year, increasing from $6,386,746 to $29,887,782.62. The RCAF set its previous fundraising record during the 2017-18 athletics year when it raised $12,470,493.

"This record-setting achievement is a reflection of the continued success of Louisiana Athletics," Vice President for Intercollegiate Athletics Dr. Bryan Maggard said. "We are very grateful for the transformational support shown by our investors and the community. This accomplishment is the culmination of the tremendous work and dedication of numerous individuals, including our RCAF staff, the Board of Directors, and our departmental and campus leadership."

In June, the department received the largest philanthropic gift in Ragin' Cajuns Athletics history when Our Lady of Lourdes committed $15 million to secure the naming rights for Cajun Field. The highly-anticipated renovation project is continuing to move forward.

Other program enhancements that have significantly improved the gameday experience for donors and fans include the new videoboard at Lamson Park and facility upgrades in and around Russo Park.

The increase in support for the Annual Fund has also contributed to the rise of academic and competitive excellence for Ragin' Cajuns student-athletes. Louisiana boasted a record-setting academic year in 2020-21, while Football won the Sun Belt Conference Championship, Women's Basketball secured its first-ever Sun Belt Regular Season Championship and Softball claimed the league's Regular Season and Tournament titles.

Louisiana Athletics
RaginCajuns.com
PRESS RELEASE

[Hudsheen#Fired]

I wonder if this includes the 15 million donation?
Because if not the whole amount, then it's pretty incredible we increase giving by almost 500%

This has to make us appealing to the Big 12 right

[Scott Malkinson]

I wonder if this includes the 15 million donation?
Because if not the whole amount, then it's pretty incredible we increase giving by almost 500%

This has to make us appealing to the Big 12 right

even if you take that out we saw a 120% increase in donations

[Rainman66]

Would be shocked if it doesn't include the $15M. Unfortunately, the % is wrong, it is really 368% growth. Before everyone says I cannot divide, let me explain why:

0% growth = $6.4M
100% growth = $12.8M
200% growth = 19.2M
300% growth = $25.6M
400% growth = $32.0M
500% growth = $38.4M

However, backing out the $15M, it would still be the largest year by over 16+% and something to be very proud of for sure.

[Cajunrunner]

Regardless what was factored, considering the bleak predictions due to COVID restricted attendance, events, etc., this is very good news.

[ManAboutTown]

Regardless what was factored, considering the bleak predictions due to COVID restricted attendance, events, etc., this is very good news.

This

[Turbine]

Would be shocked if it doesn't include the $15M. Unfortunately, the % is wrong, it is really 368% growth. Before everyone says I cannot divide, let me explain why:

0% growth = $6.4M
100% growth = $12.8M
200% growth = 19.2M
300% growth = $25.6M
400% growth = $32.0M
500% growth = $38.4M

However, backing out the $15M, it would still be the largest year by over 16+% and something to be very proud of for sure.

Throwing in the word "growth" is similar to how "percentage" moves the decimals.

100% = $6.4M vs last year
200% = $12.8M
300% = 19.2M
400% = $25.6M

[Crawfish]

Wow, just wow!

[Hudsheen#Fired]

The 15 million wasn't a lump payment, it was to be spread out over time. So I'd imagine that's how it would calculated, no?

[Cajunmac]

This is kinda jaw dropping. Even if you back out the $15 mil from OLOL it is still $14,887,782. Up from $6,386,746. Wow.

[Turbine]

This is kinda jaw dropping. Even if you back out the $15 mil from OLOL it is still $14,887,782. Up from $6,386,746. Wow.

Under some of the worse possible conditions

[BabbForHeisman]

What a stunning turn of events after the doom and gloom of a year ago!

[Scott Malkinson]

What a stunning turn of events after the doom and gloom of a year ago!

Medical field in town have really stepped up for the athletic department

[CajunT]

Would be shocked if it doesn't include the $15M. Unfortunately, the % is wrong, it is really 368% growth. Before everyone says I cannot divide, let me explain why:

0% growth = $6.4M
100% growth = $12.8M
200% growth = 19.2M
300% growth = $25.6M
400% growth = $32.0M
500% growth = $38.4M

However, backing out the $15M, it would still be the largest year by over 16+% and something to be very proud of for sure.

Corporate donations are included. Got verification this morning.

[Rainman66]

Throwing in the word "growth" is similar to how "percentage" moves the decimals.

100% = $6.4M vs last year
200% = $12.8M
300% = 19.2M
400% = $25.6M

Correct, 100% growth would be $6.4M above the $6.4M that was done last year, making the total of $12.8M.