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2015 Report of Gifts

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2015 Report of Gifts 2015 Report of Gifts 3 From the President & CEO 4 2015 Year in Review 4 From the Vice President of Development 5 Financial Summary 18 Lifetime Giving 19 Individuals 26 Corporations, Foundations, and Organizations 28 Cullum Society: Planned Giving 30 Consecutive Giving 38 Class Giving 39 Reunion Gifts 40 2015 and Lifetime Giving by Class 42 2015 Unrestricted Giving 43 Superintendent’s Circle: Superintendent’s Fund 49 Army A Club 57 Chairman’s Circle: Long Gray Line Fund 58 2015 Cumulative Giving 59 Individuals 73 Corporations, Foundations, and Organizations 75 Gifts in Memory Of 79 Gifts in Honor Of 81 Development Office WestPointAOG.org 1 2 West Point Association of Graduates | 2015 Report of Gifts Hail &Farewell Thanks to your participation in the recently completed For Us All Campaign, we have “raised the bar” in every aspect of our world-class alumni association as we seek to perform our mission to philanthropically serve West Point and it graduates. On behalf of everyone at the Academy, but particularly the cadets who will so richly benefit from your generosity, THANK YOU! Your commitment and passion have increased the average raised annually more than 58% from ten years ago, and an astounding 214% since just before our Bicentennial Campaign in the late 1990s! The total portfolio we manage for the Academy and the Long Gray Line has increased 139% to over $310 million in the last seven years. Our investment performance, thanks to our talented investment committee, compares favorably with that of any university in the country. Since 1961, The professional staff at WPAOG takes stewardship of your gifts very seriously and has repeatedly been recognized for fundraising excellence. Additionally, our expenses are well below the national average and in line with Forbes “Top 100 Charities”. We are particularly proud of our transparency across all facets of our operations in Herbert Hall. % When in 1869 it was proposed to Sylvanus Thayer that an association of graduates 46of all donations to West be formed to promote the welfare of the Academy, “to cherish the memories of Point were raised during our Alma Mater, and to promote the social intercourse and fraternal fellowship of its the For Us All Campaign graduates,” surely he could not have envisioned what the WPAOG has become. Help us to “Continue Strong!” in support of the Military Academy and our Association. As the President of WPAOG for nearly 10 years, I have seen the power of the Long Gray Line across the country and around the world. All graduates I met while in this position, almost to a person, have told me that West Point changed their lives. Each of us is fortunate that we’re able to call this wonderful national treasure, West % Point, our alma mater. 139 Total portfolio under As I say farewell, WPAOG is proud to welcome Todd Browne ’85, as our new President management by WPAOG and CEO. He is exceptionally well qualified to serve as President, with extensive for the Academy and the experience at West Point. I could not be more pleased with his selection by the Long Gray Line has grown 139% from $130 million to Board of Directors. Todd will do great things for WPAOG and West Point. I look $311.3 million over the forward to continuing to support it with you and, always, screaming BEAT NAVY! course of the campaign. West Point, for Thee! COL ROBerT L. MCClure, RETIred President & CEO, West Point Association of Graduates January 2007 – June 2016 WestPointAOG.org 3 Dear Graduates & Friends This Annual Report of Gifts lists the Many of this past year’s donors to West Point supported incredible support from individuals, the Academy through unrestricted annual funds such as organizations, and classes that the Superintendent’s Fund, Parents Fund, Long Gray Line, helped the For Us All Campaign to and A Club, and others made gifts to the specific Finish Strong! In the final year, donors departments or activities that meant the most to them. contributed $42.9 million in cash Whatever the amount, however the method, and wherever receipts from 22,852 donors. From the designation, your support is greatly appreciated. young graduates embarking on their KRISTIN E. SoreNSON military careers who elected to give back a portion of every Vice President of Development paycheck to West Point, to retired general officers who committed to their class fundraising campaign, to proud parents supporting their cadet’s 47-month experience, and to the many, many more who stepped up and participated in this campaign: It Took Us All! And just as gifts came from across the country and globe, the impact of your support for the Academy’s Margin of Excellence programs, activities, and facilities can be felt across post and seen in the development of our Corps of Cadets. $50,000,000 AVG $43.7M $45,000,000 $262.75M History of Development $40,000,000 Results by Decade Total Cash Receipts: $711.2 Million $35,000,000 R A $30,000,000 AVG $27.6 M $276 M ISED PER YE $25,000,000 Ra GE A $20,000,000 AVER AVG $13.9 M $15,000,000 $139 M $10,000,000 $5,000,000 AVG $2.6 M $26 M AVG $390 K $7.4 M $0 1961 – 1979 1980 – 1989 1990 – 1999 2000 – 2009 2010 – 2015 4 West Point Association of Graduates | 2015 Report of Gifts Financial Summary Each year approximately 10 percent of the resources available to the Academy comes from private funding. These donations support the Margin of Excellence programs that provide additional out-of-classroom opportunities and experiences that enhance a cadet’s education. 3% 1% 4% 4% 5% 12% 12% 11% 71% 31% 14% 11% 42% 41% 17% 21% WHERE DONORS DIRECTED THEIR GIFTS WHO gavE IN 2015 SUPERINTENDENT’S ANNUAL FUND / $42.9 MILLION IN CASH RECEIPTS 22,852 DONORS WEST POINT PaRENTS FUND 31% Academics 71% Alumni FOR THE 2015-16 ACADEMIC YEAR 21% Facilities 14% Friends & Widows $4.2 MILLION IN CASH 17% Athletics 12% Parents & Past Parents 42% Cadet Activities 11% SUPT’s Fund/Endowment 3% Corporations, Foundations & 41% Academics 11% WPAOG Organizations with Matching Gifts 12% USCC Programs 5% USCC 4% Admissions 4% To Be Designated 1% Miscellaneous (restricted undecided/Class Gift Funds) (e.g. Garrison Command, Chaplain) WestPointAOG.org 5 “I would like to thank donors for their support and for giving us the opportunity to be the best we can be as we transition into the officer corps. Without their generosity, we would not be as prepared to lead America’s sons and daughters.“ DAV ID SOLOMON ’16 Hometown: Canton, Connecticut Why is it important as a cadet to participate Major: Mechanical Engineering in out-of-classroom experiences? Opportunities such as trips abroad, Staff Rides, and the Academy Scholars Program broaden cadets’ perspectives to better prepare them for officership. In a diverse organization that must be prepared to face challenges on any battlefield, leaders should be exposed to as many experiences as possible to help them understand how others think and expand their background knowledge to give them the ability to make the best decisions. 6 West Point Association of Graduates | 2015 Report of Gifts WestPointAOG.org 7 8 West Point Association of Graduates | 2015 Report of Gifts “I have been fortunate to take advantage of some amazing Margin of Excellence opportunities at West Point, including the Gettysburg Staff Ride, Men’s Boxing Team, and other cadet club trips and events. These opportunities have helped me considerably—to develop my leadership style and to mature as a well-rounded individual. With these experiences I feel more confident leading the Corps and leading as a future Army officer. I cannot thank donors enough for making these experiences possible. ” EUGENE COLEMAN ’16 Hometown: Alexandria, Virginia Why did you decide to come to West Point? Major: Double major in Economics After participating in JROTC in high school and Management I realized I wanted to serve in the military as an officer. In doing research on officer routes I came across West Point and dug deeper, and I eventu- ally attended the Summer Leaders Experience. The program sold me on West Point. I was so confident that West Point was the school for me that I did not apply anywhere else. West Point was everything I wanted in a school as far as tier 1 academics, the great military opportunities, and the incredible leadership lessons. WestPointAOG.org 9 “Thank you. I know those words can never truly capture the depth of gratitude that I feel for the donors who support the Corps of Cadets. Donors provide us with the means to challenge ourselves intellectually, emotionally, and physically in ways that we never could have imagined. The trip I went on for the WWI Staff Ride changed my life and not many things can do that. Because of that Staff Ride instead of planning to become a surgeon I now plan on becoming a psychiatrist who specializes in post-traumatic stress disorder so that I can help the thousands of soldiers who come home and desperately need help.” HAYLEY Lee ’17 Hometown: Lakewood, Washington Why did you decide to come to West Point? Major: Psychology I fell in love with the values that West Point teaches. My parents recommended that I apply to West Point, and although I resisted in the beginning, the more I was exposed to West Point the more I loved it. I knew that it was the place for me because I knew it would challenge me in every way, and that I could eventually become as amazing a person as every single graduate I met.
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