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Our board is considering requiring an annual contribution from members. How many other boards of independent institutions have a member giving requirement?
In 2010, half of independent institutions required an annual contribution from board members; 17 percent specified a minimum amount (a combination of "give" or "get") and 32 percent did not. Of those that specified a minimum expected amount, the average amount was $8,404, ranging from $3,250 at associate's colleges to $15,357 at doctoral and research universities.