Relationship at a Time
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Strengthening UConn one relationship at a time 2016 Annual Report #UCONNNATION GIVES Fiscal 2016 (July 1, 2015 through June 30, 2016) Dollars Raised A total of 24,701 donors for Schools and Colleges gave $78.3M in 2016 Percentage increase from 2015 11% 15% 26% 86% 139% 170% Program Support $29.8M $10M $7.3M $3.8M $6.4M $4.4M $10.5M s y Scholarships and Fellowships $16.1M Faculty Support $5.3M School of Busines School of Medicine School of Pharmac Capital Improvement Projects $1.7M School of Engineering ollege of Liberal Arts and Sciences ollege of Liberal C RESEARCH SUPPORT $25.4M 164% increase C new55 endowed funds Resources Health and Natural ollege of Agriculture, created $9.6M 2015 2016 $55.5M Ways of Giving OUTRIGHT GIFTS TRANSFORM LIVES Cash and stock gifts for SCHOLARSHIP INITIATIVE immediate use 150 $14.4M $150M GOAL MULTIYEAR COMMITMENTS 100 Pledged gifts typically $78.3M paid over 5 years TOTAL $8.4M 50 PLEDGED ESTATE GIFTS $55.2M RAISED TO DATE Gifts pledged in a will, trust, charitable gift annuity, IRA, or other $16.1M RAISED IN 2016 estate plan 0 Fiscal 2016 (July 1, 2015 through June 30, 2016) Joshua R. Newton (left) and Daniel D. Toscano ’87 at the Husky Heritage Sports Museum [ engaged and [ energized [ It’s all about relationships Great relationships make a university. And a great university makes relationships. Lifelong bonds are built at UConn. Alumni are forever tied to the University that affected their lives in so many ways—introduced them to their best friend and the major that would, in most cases, become their life’s work. Parents build a lasting connection to the institution that set their child or children (we love big UConn families) on a path to achieve even more than the generation before. There are fans who devoted a piece of their hearts driving up to watch basketball games in the Field House in their youth who still cheer the loudest with every national championship (21 and counting). Behind every advancement at UConn—new buildings, high-tech classrooms, trailblazing academic opportunities, and pioneering scientific breakthroughs—are the people and relationships that made that progress possible. What’s the UConn Foundation’s role? We help UConn’s 247,000 alumni and numerous friends strengthen their ties to UConn and translate their passion into action. We helped UConn Nation raise $78.3 million this year. Thank you for making a difference with us. Joshua R. Newton Daniel D. Toscano ’87 President and CEO, UConn Foundation Chair, UConn Foundation Board of Directors #UConnNation 1 UCONN ALUMNI ENGAGEMENT strong ties and [ strong growth [ Your friendship drives this University On behalf of UConn’s students, faculty, staff, and patients, I extend our deepest appreciation for your friendship and generosity. The strength of the bonds within UConn Nation is the driving force behind our University’s excellence and growth. Ranked No. 20 by U.S. News & World Report this year, UConn rose from being No. 38 only 16 years ago and has remained in the top 25 for the last six years. Since 1995, the average SAT score for incoming freshmen has risen 200 points and the number of valedictorians and salutatorians in the freshman class nearly quadrupled. UConn would not be where it is today—or where it’s headed—without the loyal friendship of our alumni and friends, as well as state leaders, foundations, and companies. Every gift matters. Every visit back to campus, every alumni event, every volunteer opportunity, and every Husky game we attend is meaningful. Equally important are the mentorships, internships, and job opportunities offered to our graduates. I am continually impressed by the amazing relationships and immeasurable generosity inspired by UConn. There are so many stories to tell. One of my favorites from this year was about John Krenicki ’84 ’07, who met his wife, Donna Samson Krenicki ’84, in McMahon residence hall. Three decades later, he called the UConn Foundation to help him give two of the most important people in his life—his wife and mother—heartfelt birthday presents that would make a difference. He honored his wife with a digital media professorship in her name (the first realized endowed professorship at the School of Fine Arts) and he honored his mother with a chemistry professorship in memory of his late brother. That’s a great UConn story. It’s the kind of story—and the kind of relationship—that will keep UConn growing and vibrant for generations. Susan Herbst President, UConn 2 UCONN ALUMNI ENGAGEMENT 5,500 alumni have given 5 or more consecutive years new YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 15events Alumni Groups added in fall 2015 to welcome 1,408 alumni new graduates into the alumni Making a Difference fold from Boston to Seattle made first-time gifts in FY16 African-American Alumni Council Asian-American Alumni Council Alumni Networks Latino/a Alumni Nationwide Council UConn Alumni Marching Band LGBTQ+ Alumni Group Men’s Lacrosse Alumni STUDENT CROWDFUNDING INITIATIVES UConn undergraduates raised $45,000 from 2,100 donors UConn law students raised $12,000 from 300 donors Alumni giving matters! Every gift from an alumnus boosts UConn’s national ranking. SUPPORT FOR: UConn Nation gives back The following pages highlight just a handful of the remarkable gifts MAJOR UNITS donors gave in fiscal year 2016 and the exciting programs that drew alumni together to learn, celebrate, and give back. First, let’s take a look back at the second most successful fundraising year in the UConn $9.2M Foundation’s history. UConn Health Thanks to the generosity of our donors, we raised $78.3 million in new gifts and multiyear commitments, topping the prior year’s total by $8.5M $400,000. All gifts make a difference—each annual gift of cash and every Division of Athletics major multiyear pledge ensures the excellence of our great University. $373,996 TRANSFORMING LIVES THROUGH University Libraries SCHOLARSHIPS Accelerating the growth of support for undergraduate, graduate, and professional students across UConn remains a top priority for the ACADEMIC MISSION UConn Foundation and the University. This year alumni and friends continued strong support for Transform Lives, our initiative to raise SUPPORTING FACULTY, $150 million for scholarships and fellowships. Gifts totaled $16.1 million, STUDENTS, AND PROGRAMS bringing us one-third of the way toward our $150 million goal. Since the launch of Transform Lives in 2013, we have raised $55.2 million for merit- and need-based scholarships and fellowships. $5.3M $16.1M $29.8M SUPPORTING PROGRAMS, FACULTY, AND RESEARCH We raised $29.8 million to strengthen UConn’s academic and enrichment programs and another $5.3 million to support faculty. Faculty Student Academic and Donors contributed $25.4 million for the research enterprise, more than Support Scholarships Enrichment Programs doubling what was raised in fiscal year 2015 for scientific, basic, and social scientific research. Dollars to UConn MEETING THE NEEDS OF TODAY AND Donors can give an unrestricted TOMORROW gift or choose to restrict their The Foundation raises money for two main categories: current gift to the area they are most operations for today’s expenses and endowment for long-term support. passionate about. Dollars are Of the gifts made in fiscal year 2016, donors earmarked $57.6 million for provided to the University in current operations and $20.6 million for the endowment. accordance with donor intent and the available spending allocation in each fund. During fiscal year 2016, the UConn Foundation made $50.6 million available to the University. 4 Top supporters Of the $78.3 million raised in new gifts and pledges, 60 percent, or $46.9 million, was donated by 29 donors who donated $500,000 or more. In fact, 10 exceeded $1 million. Here we present some of the largest commitments received to support UConn. $9 MILLION FROM EVERSOURCE to support research at UConn’s Tech Park, benefiting the College of Agriculture, Health and Natural Resources and the Schools of Business and Engineering. $5.7 MILLION FROM THE JOHN TEMPLETON FOUNDATION for the Humanities Institute at the College of Liberal Arts and Sciences. $4 MILLION + $2 MILLION MATCH FROM PHYLLIS AND GARY ’66 ’08H GLADSTEIN AND GEORGE SOROS for scholarships and programmatic support at the Human Rights Institute. $2.2 MILLION FROM SYNCHRONY FINANCIAL for the School of Engineering for an endowed chair in cybersecurity, graduate fellowships, and scholarships. $2.1 MILLION FROM THE ROBERT WOOD JOHNSON FOUNDATION for the Center for Health, Intervention, and Prevention and the School of Nursing. $1.5 MILLION FROM JOHN KRENICKI ’84 ’07 for a digital arts professorship in the School of Fine Arts as a birthday gift to his wife, Donna Krenicki ’84; and a chemistry professorship in his brother’s memory at the College of Liberal Arts and Sciences as a birthday gift to his mother, Olga Krenicki. #UConnNation 5 Karen Kellerman ’70 ’73 and Peter Arakas ’73 ’84 in their season ticket seats at Pratt & Whitney Stadium at Rentschler Field. [ Karen and Pete’s Top 3 Huskies Memories Football Women’s Basketball Men’s Basketball 2009 UConn 33 vs. Notre Dame 30. 1995 NCAA Women’s Basketball 1999 NCAA Men’s Basketball “We drove to South Bend in a Tournament in Minneapolis. UConn Tournament in St. Petersburg. friend’s RV, which was incredibly beat Tennessee 70–64 to win its UConn beat Duke 77–74 to win “ fun. We beat Notre Dame in two first national championship. “They its first national championship. ” overtimes. It was so exciting: the hadn’t played a game yet, but “As Khalid [El-Amin] said, ‘We underdog UConn beating Notre we just felt they were going to shocked the world!’” Dame surrounded by so many make it.