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The Impact of Giving

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The Impact of Giving THE IMPACT OF GIVING 2010 DONOR REPORT CONTENTS Letter from P. George Benson 3 President of the College of Charleston By the Numbers 4 How our donors supported the College Impact Spotlights 6 The impact of gifts across campus, across the state and across the world ON THETHE co IMPACTVER OF GIVING Happenings 14 Celebrating philanthropy throughout the year 1770 Society 15 Celebrating annual leadership giving A B C D E 2010 donor report GOLD (Graduates of the Last Decade) Society A. Thomas Savage ’11 is a Call Me Mister scholarship recipient and 21 Recognizing young alumni leadership giving is concluding his clinical internship at River Oaks Middle School in Dorchester II School District. B. Martin Jones involves students in innovative and interactive Live Oak Society learning experiences like the new, federally funded “mathematical 22 Honoring our most loyal and consistent donors dissection laboratory.” C. Dil Patel ’11 is a biochemistry major and a member of the Higdon Student Leadership class of 2010 - 2011. Cistern Society D. Patricia Lessane is the new director of the Avery Research Center. 30 Recognizing donors who support the College Private support in 2010 helped Avery acquire several archival collections through gift planning including rare slave narratives. E. Angelina Phebus ’11 is conducting international archeological research with Classics department chair, Jim Newhard. Thank You to our Donors 32 Every gift makes an impact to support our envisioned future giving.cofc.edu 59 2010 College of Charleston Boards Thomas Savage cover portrait by Kip Bulwinkle, Karson Photography. Karson by Kip Bulwinkle, Savage cover portrait Thomas 60 Contact Us COLLEGE OF CHARLESTON 2010 DONOR REPORT 1 PRESIdeNT GEORge BENSON WITH COUGAR FANS AT CAROLINA FIRST ARENA. 2 2010 DONOR REPORT COLLEGE OF CHARLESTON TO OUR COLLEGE OF CHARLESTON COMMUNITY: n 2010, the nation continued to face unprecedented economic challenges, leaving many public colleges and universities vulnerable to state budget cuts and declines in private giving. Yet, despite the recession, the College of Charleston Idemonstrated resiliency by outperforming national fundraising averages for higher education. Guided by our Strategic Plan, we made progress toward our goal of becoming one of the nation’s top liberal arts and sciences universities. We opened incredible new learning and research facilities. We received national recognition in publications such as U.S. News and World Report and Parade magazine. And we launched new academic programs, including a long-sought-after MBA program. The Strategic Plan represents the shared vision of all our stakeholders and establishes a blueprint that will guide the “The College is preparing College for the next decade and beyond. It calls for us to maintain our strong student-focused culture while offering academic opportunities that are characteristic of a national research university. At the plan’s heart are the College’s to launch a comprehensive three core values: educational excellence; student-focused community; and the unique history, traditions, culture, and campaign that will generate environment of Charleston and the Lowcountry. The achievement of the plan’s goals hinges on a new financial model that requires us to become more self-sufficient and less critical resources for student dependent on state funding. We will achieve greater financial security through a combination of more private fundraising; pursuing scholarships, academic additional corporate and government grants; and developing entrepreneurial, revenue-generating programs and activities. Over the past few years, the College has placed renewed emphasis on private fundraising. As a result, our donors, initiatives, innovative friends, and supporters are more engaged in the College than ever before. Last year, total giving reached $9.1 million, research, extensive student representing a 10.5 percent increase over 2009 and a 27.5 percent increase over 2008. And for the first time, giving to the College of Charleston Fund exceeded $1 million. life programming and While we are proud of these fundraising accomplishments, they don’t represent our full potential. We have the ability to state-of-the-art facilities.” achieve much more. That’s why I’m so excited about what lies ahead. The College is preparing to launch a comprehensive campaign that will generate critical resources for student scholarships, academic initiatives, innovative research, extensive student life programming, state-of-the-art facilities, and other goals identified in the Strategic Plan. Planning for this campaign has been and will continue to be a campus-wide collaboration to ensure that our fundraising efforts align with the needs and goals of each of the College’s academic and administrative units. But the campaign is not only about raising money. It is also about the College establishing a sustainable culture of philanthropy and forming stronger connections between the passions of our donors and the educational and research opportunities we provide to our students, faculty and staff. As you read the student and faculty testimonials on the following pages, you will see that the positive impact of your generosity is evident all across our campus. Your continued support will help ensure that success stories like these endure at the College of Charleston for generations to come. Sincerely, P. George Benson President COLLEGE OF CHARLESTON 2010 DONOR REPORT 3 NUMBER$ BY THE BY THE NUMBERS Donors made the College of Charleston a priority through a number of philanthropic efforts. Once again, the College benefited from a year of generous giving from alumni, parents, friends, corporations and foundations who supported the College with annual, endowment, capital, programmatic and estate gifts. Thanks to your commitment, your vote of confidence and your generosity to the College, 2010 was a significant year of accomplishments. 4 2010 DONOR REPORT COLLEGE OF CHARLESTON BY THE NUMBER$ 2010 DESIGNATION OF ANNUAL FUND GIFTS 2010 FUNDRAISING SUMMARY ($2,142,923 total) MILLIONS School-Based Annual Funds Pledges $4.3 Other; includes Friends of the 15% Library and Student Affairs 4% Gifts of Cash and Stock $3.7 College of Charleston Fund 49% In Kind Gifts $1.0 Athletics Planned Gifts $0.1 32% Total New Commitments $9.1 2010 COMPARISON OF GIFTS BY OUR CONSTITUENTS ($9.1 million) Gift Planning Alumni 1% “Hank and I love the College of Charleston 12% Parents 14% for our daughters because of its reputable Faculty/Staff 1% and comprehensive education. We give to the Corporations College because the students feel the impact 10% directly through scholarships, and indirectly Friends through the superior professors our gifts 46% support. I feel that as small as our donation Foundations may be, we make a difference on campus.” 16% Vonnie Stoneburner, parent of Kathryn ‘09 and Madelyn ’14 and member of the Parent Advisory Council COLLEGE OF CHARLESTON 2010 DONOR REPORT 5 ANITA ZUCKER PLEDGES $1.5 MILLION TO LAUNCH ZUCKER/ GOLDBERG HOLOCAUST EDUCATION INITIATIVE The gift endows professor Ted Rosengarten as chair of Holocaust Studies. Rosengarten has been a student of the Holocaust for more than 50 years. It also provides funding for Holocaust education initiatives, such as travel to Eastern Europe, research opportunities for students, the development of Holocaust archives and public programming. “With this gift, Jerry and I and our families want to honor our parents and the countless victims and survivors of the Holocaust. We want their legacy to be the importance of helping others, even in the face of unspeakable evil. It is my hope that we will send this message through this initiative.”– Anita Zucker IMPACT SPOTLIGHTS Each year, private support to the College of Charleston plays a critical role in preserving the College’s place as one of the nation’s best public liberal arts and sciences universities for quality education, student life and affordability. Private philanthropy touches every corner of campus, from student scholarships and research funds for faculty to cutting-edge technology. The impact of your gifts reaches across South Carolina and the world. Meet the students, faculty, programs and places impacted by your gift. 6 2010 DONOR REPORT COLLEGE OF CHARLESTON “Participation of our alumni is critical to advancing the School of Business across South Carolina, the country and around the world.” – Anonymous donor, member of School of Business Board of Governors ANONYMOUS DONOR CHALLENGES SchOOL OF BUSINESS ALUMNI TO GIVE BACK An anonymous School of Business Board of Governors member offered to make a $25,000 gift to the School if its alumni could raise an additional $25,000 in new gifts by December 31, 2010. A total of $76,045 was raised, including the donor’s gift of $25,000. The Challenge raised $40,395 in new gifts from alumni. The funds will go primarily towards increasing funding for student scholarships and faculty development. COLLEGE RECEIVES $140,000 GRANT FROM THE GAYLORD AND DOROTHY DONNELLEY FOUNDATION In November, the College of Charleston Foundation received a $140,000 grant from the Gaylord and Dorothy Donnelley Foundation to create and execute a strategic, comprehensive forestry management plan for the forests, woodlands, meadows and tidal marshes that comprise the Center for Environmental Research and Public Policy at Dixie. The grant will be awarded over the next three years. “This grant will further enable the Foundation and the College’s mission to protect and preserve this vital Lowcountry habitat while providing educational benefits for students, faculty and the community for generations to come.” – George P. Watt, executive director, College of Charleston Foundation 6 2010 DONOR REPORT COLLEGE OF CHARLESTON COLLEGE OF CHARLESTON 2010 DONOR REPORT 7 DONORS AND FOUNDATIONS SUPPORT STUDENT SCHOLARSHIPS IN 2010 Parents Craig and Frances Lindner made a $76,000 gift last fall to the College of Charleston Fund in support of student scholarships. With each student who gets an opportunity to discover his or her potential, the College demonstrates what this extraordinary institution can do for our community and our world.
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