
1 minute read
Corporate Sponsorship Summary
CORPORATE SPONSORSHIP SUMMARY
During the 2021-2022 fiscal year, LDDI enjoyed the financial support of 40 corporate sponsors and municipal members. While the total number of sponsoring organizations remained the same as the previous year, there was an approximately 10 percent increase in sponsorship revenue arising from several sponsors upgrading their levels of support. In total, corporate sponsorships and municipal memberships generated just over $208,000 in program revenue that was used to directly support LDDI activities inside and outside of the classroom. The following describes some of LDDI’s major expense categories toward which this revenue has been directed historically and over the past year.
Advertisement
Instructional Support: Nearly all Professor of Practice appointments at Virginia Tech are funded by external sources. Of the nine (or ten) LDDI course-sections offered each year at Virginia Tech, revenue from corporate sponsorships and municipal memberships funds four (or five) course sections in their entirety.
Program Expenses: Program expenses include support for the Sustainable Land Development Club (SLDC), including field trips, travel to service project locations, and catering for after-hours guest speakers and other events. This expense category also includes event catering for LDDI general and outreach meetings, publication of the LDDI What’s Developing bi-monthly newsletter, and publication of the LDDI Annual Report.
Operations Expenses: Operations expenses include general overhead costs including postage, printing and copying, telecommunications, and university accounting and service fees.
Travel and Meetings: LDDI has historically hosted three general membership meetings each year. Outreach efforts such as these comprise a critical part of LDDI’s efforts to ensure continued practitioner participation in the program.
LDDI thanks its corporate sponsors and municipal members for their continued and essential financial support!
“Being part of the LDDI program has shaped my college experience. This program, specifically the design class, has allowed me to interact with a variety of industry professionals and begin to advance in my career. This is invaluable exposure that opens the door to many interesting and challenging internships. Due to my interest throughout undergrad and encouragement and support from faculty I decided to extend my time in LDDI and pursue a master’s degree in sustainable land development. This will allow me to expand my understanding of sustainability in civil engineering and set me up for a successful career.”
– Mandy Smith, VT CEE Class of 2022, incoming SLD M.S. student