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Eastern's Sapphire Ball nets about $60,875 for the college foundation
Summary
The Foundation reported $72,042 in total income, $11,166.61 in expenses, and net proceeds of $60,875 from the Sapphire Ball, with additional late donations expected to modestly increase the final total.
Kathy Cogburn, Executive Director of the Foundation, reported that the Sapphire Ball generated total income of $72,042 with expenses of $11,166.61, leaving net proceeds of $60,875. She said additional contributions and a donation related to remaining event inventory were expected to modestly increase the final total.
Cogburn thanked the planning committee and highlighted community engagement and the role of local supporters such as Joe McAlester, who served as auctioneer. The Foundation will continue to collect late gifts and inventory-related donations and will report final totals when they are complete.
