Annual Fund LSE Annual Fund report to donors 2010-11 PAGES 1-2 Wel co me It is with great pleasure that I introduce Without unrestricted donations most of the projects supported students, equips students with the skills to help them excel and my second LSE Annual Fund report by the Annual Fund would not have been possible. make a positive difference to the world, and makes certain to donors. With the end of the UK that teaching and research at the School remain world class. government’s Matched Funding Scheme As well as highlighting the projects that your support enables, this and the largest number of projects ever report includes an update on the Annual Fund and its activities Thank you once again for your support, without which the applying for funding, it has been a very over the last year, documenting its most successful year to date. Annual Fund would not be able to make such an impact at the busy year for the fund. School. I hope that you will join me in continuing to support At the end of this report, you will find a list of everyone who the Annual Fund. I would like to personally thank the 3,273 donors who helped has made a gift to the Annual Fund or an overseas partner to make this a record breaking year for the Annual Fund, that has supported the fund over the last year. We want to collectively raising £902,196 for the School. recognise the collective impact of gifts and show how all donations, regardless of size, can help propel change and Thanks to your donations the Annual Fund has supported a improvement at the School. wide variety of projects this year which were chosen from a high quality field of applications. Through the case studies By supporting the Annual Fund you are doing something Peter Jones (BSc Statistics 1964) of projects in this report I hope that you will see the breadth really worthwhile. Your continued commitment to the School Chairman of the LSE Annual Fund, and depth of the impact that your support has at the School. helps to ensure that finances are not an obstacle for talented Director’s Circle member Changes to gift clubs Collectively gifts of any size enable the Annual even greater impact on campus and these Fund to make a big difference to the life of donors act as ambassadors by showing their the School. In recognition of this we have commitment to the transformative effect of reviewed the way that we thank our donors. the Annual Fund. As of 1 August 2011 all donors who make LSE ANNUAL FUND 2010-11 a gift of up to £1,000 will be recognised in The Penguin Club, which was introduced the same way allowing us for the first time in 2009-10, will also continue to recognise to invite all donors back to campus at least current students and graduates from the once a year for a special reception. past five years who donate £30 or more to the School. By choosing to support the The Director’s Circle and Chairman’s Circle will Annual Fund, recent graduates are expressing Each year the LSE Annual Fund reaches out to alumni, staff, governors, parents and friends of the School for unrestricted donations. continue to celebrate donors who choose to the value they place on the education they Collectively these donations enable the fund to propel major changes at the School by providing financial support to a wide variety support the School by making a leadership received at the School and their commitment of projects, many of which would notOverview otherwise be possible. This has been a record breaking year for the Annual Fund raising gift of £1,000 or more and £5,000 or more. to LSE’s continual development. more money from a larger number of donors than ever before, meaning that the fund will be able to have an even greater impact Gifts at this level enable the fund to have an on campus. End of the Matched Funding Scheme Thank you to everyone who made a of the important role that philanthropy Thank you to everyone who supported the donations from 72 countries over the past year support 78 projects that enabled the School donation to the Annual Fund during the plays at the School and the impact that gifts Annual Fund this year. Over the 2010-11 and almost 50 per cent of these donations to attract the best and brightest students UK government’s Matched Funding Scheme. enable it to have. Over the three years of the financial year we have raised £902,196, a 15 came from outside of the UK. This year the regardless of their financial situation, enhance scheme the Annual Fund has received a total per cent increase on last year. As well as our LSE Centennial Fund, which raises unrestricted the student experience, promote academic The three year scheme was introduced in of £2,479,415 in donations from alumni, average gift increasing from £244 to £267, donations in the USA for the School, has raised excellence, engage with the wider world, 2008 to change attitudes towards giving governors, staff, parents and friends of the the number of donors supporting the Annual $392,061, a 45 per cent increase on the funds and create sustainable facilities and a world to UK universities by matching gifts three School, which has meant that the School has Fund has increased by nine per cent to 3,273. they raised last year. class campus. You can read more about the to one and therefore increasing their value received an additional £826,471 from the UK projects that the fund supported in these to the School. Throughout the duration of government. Reflecting LSE’s multicultural campus and global The Annual Fund allocated £825,531 of the areas on the following pages. the scheme the number of donors to the alumni network, the Annual Fund has received funds raised in the 2009-10 financial year to Annual Fund has increased. In the 2007- We are determined to build on the Matched 08 financial year 2,894 donors supported Funding Scheme’s success of increasing the Annual Fund and by the end of the both the number of donors to the Annual Donations by world regions Areas supported by the Annual Fund scheme this had increased to 3,273. The Fund, and the amount raised. We hope that scheme also saw the average gift made to this report illustrates the impact that your Promoting academic South America 1% Africa 1% the fund increase by 27 per cent to £267. donations have on life at the School and excellence £182,174 North America 31% Asia 3% conveys how important ongoing philanthropy Australia 1% Creating sustainable Throughout the Matched Funding Scheme, the is to meeting the School’s key priorities. Europe 63% facilities and a Annual Fund has worked to raise awareness world class campus £186,329 Enhancing the student experience £93,332 Attracting the best and the brightest Engaging the wider £180,000 world £183,695 Promoting academic excellence £182,174 DonationsEnhancing by world regionsthe student experience £93,332 Africa Engaging the1% wider world £183,695 Asia Creating sustainable3% facilities and a world class campus Australia £186,329 1% Europe Attracting the63% best and the brightest £180,000 North America 31% South America 1% PAGES 3-4 REACHING OUT for support Over the past year the LSE Annual Fund has reached out for support to over 75,000 alumni, staff, governors, parents and friends of the School, through phone, email and post. As well as a successful calling programme, the Annual Fund encourages class giving at the School’s alumni reunions and runs a Friends and Family programme for As a student, you don’t often realise the parents and guardians of current students. In the closing months of the Matched Funding difference charitable giving makes to the School, Scheme the Annual Fund also ran a successful appeal to maximise participation whilst but working for the Annual Fund has been a the extra funding from the UK government was still available. really eye-opening experience. It’s amazing to see the generosity of so many of our alumni and hear them reminisce about their days at LSE. Calling programme LSE. This year our callers raised £177,783, Saya Sharma (LLB 2012) Annual Fund Each year our team of dedicated student an increase of over £34,000 on the amount student caller callers pick up the phone to speak to raised by the programme in 2009-10. alumni, parents and friends of the School from around the globe. This year our callers Through the calling programme the Annual spoke to 11,850 alumni and friends in 65 Fund employs 25 LSE students, providing countries, updating them on developments at them with additional income and equipping the School, changes to campus, and talking them with transferable skills that they can use about their studies and experiences whilst at following their graduation from the School. Reunion class giving This year the School held three reunions inviting The best part about the calling programme the 2005-09 graduates back to the School in is the brief cultural exchange between September, the 1990-94 graduates in July, and alumni and callers. It truly represents the all alumni graduating before 1961 back for their cosmopolitan and international nature of 50 plus reunion in May. In total we welcomed the LSE community. over 600 alumni to the School to reminisce with Rasha Harvey (General Course 2011) old friends in the familiar surroundings of LSE, Annual Fund student caller whilst enjoying some of the academic rigour How donors gave Unsolicited/other 15% Telephone 20% Direct mail 42% LSE Connect 1% Email 5% Face to face visits 17% Thank you to everyone who celebrated their programme is seeking to raise £100,000 reunion by making a gift.