Partners in Innovation the Annual Report of Private Giving for the Year Ending June 30, 2015
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UC SANTA BARBARA PARTNERS IN INNOVATION THE ANNUAL REPORT OF PRIVATE GIVING FOR THE YEAR ENDING JUNE 30, 2015 Shuji Nakamura SIXTH NOBEL LAUREATE UNIVERSITY OF CALIFORNIA, SANTA BARBARA INVENTOR OF THE BLUE LED THE ANNUAL REPORT OF PRIVATE GIVING Contents 2 Transforming Our University 3 MILESTONES IN GIVING 5 Snapshot: Financial Highlights 7 The Campaign for UC Santa Barbara 9 Gold Circle Spotlight 10 Investing in Ideas 11 IV Memorial 12 Planned Giving 13 Tomorrow’s Philanthropists 15 UC Santa Barbara Foundation 16 Celebrating a Golden Gaucho 17 CAMPAIGN PRIORITIES 19 Inventing the Future by Fueling New Discoveries 21 Enhancing Culture and Community 25 Educating Citizens for California and a Global Society 26 Developing Solutions for a Sustainable World 29 Cultivating Leaders and Champions 33 RECOGNIZING DISTINCTION UNIVERSITY OF CALIFORNIA, SANTA BARBARA Transforming Our University A Steadfast Commitment Friends, We had a landmark year. Only two weeks after Professor Shuji Nakamura won the Nobel It also includes continued support for our students, both graduate Prize in Physics, becoming the sixth Nobel laureate on our faculty, and undergraduate alike. During our campaign, close to $75 UC Santa Barbara received the largest single donation in our million has been raised directly for scholarships, fellowships and history. student awards, helping UC Santa Barbara meet an important goal. A $65-million gift from businessman Charlie Munger, to fund construction of the KITP Residence for visiting scholars of our Kavli Students are a priority for all of us, as further evidenced by the Institute for Theoretical Physics, buoyed what became our best way our UCSB donor community in 2015 rallied around student fundraising year ever. With $134 million raised in private support health and safety initiatives, enhancing the communities where in fiscal year 2015, the Campaign for UC Santa Barbara is now on our students learn and live — both on campus and in Isla Vista. the precipice of its $1 billion goal. As donors, you are critical partners in all of these efforts. We By topping the previous one-year record of $112 million in 2012, are tremendously grateful for your generosity, and for your our campus is now averaging nearly $95 million in private support understanding of the crucial role of philanthropy in the growth annually over the last four fiscal years. and future of this great university. You are an integral part of our achievement. Thank you, That achievement includes a steady increase in our number of donors at all giving levels — 14,000 donor gifts in this fiscal year alone — a growth that demonstrates a steadfast commitment to UC Santa Barbara on the part of all our constituencies, from Henry T. Yang, Chancellor Marcy Carsey, Chair alumni to parents to corporations and foundations. UC Santa Barbara UC Santa Barbara Foundation THE ANNUAL REPORT OF PRIVATE GIVING 2 MILESTONES IN GIVING / SNAPSHOT: Financial Highlights / The Campaign for UC Santa Barbara / Gold Circle Spotlight / Investing in Ideas / IV Memorial / Planned Giving / Tomorrow’s Philanthropists / UC Santa Barbara Foundation / Celebrating a Golden Gaucho 3 THE ANNUAL REPORT OF PRIVATE GIVING THE ANNUAL REPORT OF PRIVATE GIVING 4 PARTNERS IN INNOVATION / MILESTONES IN GIVING SNAPSHOT: FINANCIAL HIGHLIGHTS Fiscal year 2015 BY SOURCE $ 4.8M $14.4M $19.2M $95.9M $134.3M CORPORATIONS FOUNDATIONS INDIVIDUALS OTHERS TOTAL $14.3M $12.5M $68.3M $0.8M ALUMNI FRIENDS PARENTS / FACULTY / STAFF GRANDPARENTS BY PURPOSE $ $ 1.5M 1.6M $4.5M $24.7M $29.4M $72.6M STUDENT RESEARCH DEPARTMENT CAMPUS SUPPORT SUPPORT IMPROVEMENT UNRESTRICTED INSTRUCTION 5 THE ANNUAL REPORT OF PRIVATE GIVING MILESTONES IN GIVING / PARTNERS IN INNOVATION ENDOWMENT TOTALS UC REGENTS UC SANTA BARBARA FOUNDATION $300K $253.1M $250K $206M $200K $151.8M $155.1M $150K $88.6M $100K $50K 0 2003 2006 2009 2012 2015 GIVING TREND AVERAGES CAMPAIGN FACTS $94M $72 Million 234 raised in support new graduate for students fellowships created $56M $134.3M HIGHEST YEAR EVER $23M $65 Million 80 the largest single endowed chairs gift to the Campaign established 1996-2000 2001-2011 2012-2015 Pre-Campaign Phase I Phase II PARTNERS IN INNOVATION / MILESTONES IN GIVING The Campaign for UC Santa Barbara Excellence, Opportunity, Innovation /Campaign highlights surge in donor confidence With over $995 million raised, The Campaign for UC Santa Barbara spaces. Our endowment is headed into its homestretch toward our goal of $1 billion in private has grown by more than support. This campaign has transformed our university in countless 300% – confirming the ways, and we now stand with a very different campus than we did importance of sustained at the launch. As we look back on all our successes and outcomes, funding in perpetuity for we embrace our future in a different way, a future with new pillars of the university. Leadership academic and programmatic strength on which to build our excellence. giving has been the hallmark of our campaign, Fundraising totals have increased more than 150% annually, providing some of the most providing financial support for almost every area of campus innovative gifts to campus. and supporting the people that make UCSB great: our students and faculty. The campaign has raised millions for scholarships, The success of our fellowships and student awards, and has funded 80 new endowed campaign conveys a Beverly Colgate Associate Vice Chancellor, professorships for our faculty, as well as significant funds for research major vote of confidence from our Development and programs. Our ongoing fundraising efforts have raised over donors that UCSB is a campus in $155 million in capital dollars, funding numerous new buildings which to invest, where gifts make a and centers and renovating many existing student and research significant impact on education and community. Los Angeles Committee Co-Chairs Northern California Committee Co-Chairs San Diego Committee Co-Chairs Gary E. Erickson ‘63 Bill Dinsmore ‘68 Steve Mendell ‘63 Wendy Purcell ‘84 Susan Worster ‘70 Phil White ‘84 Los Angeles Campaign Committee Northern California Campaign Committee San Diego Campaign Committee David Adishian ‘89 Mark Bertelsen ‘66 Mark Foletta ‘82 Art Auerbach ‘87 Rick Bocci Drew Hutton ‘83 Ryan Barncastle ’01, ‘02 Sandi Bragar ‘93 Dana L. King ‘77 Robert A. Grantham ‘75 Richard (Dick) Breaux ‘67 Eliot ‘00 & Stephanie ‘01 Peters David Huff ‘89 Steve & Linda Crowe AnnKatrin Petersen Rob Jupille ‘89 Scott Draper ’87 (incoming Co-Chair) Moses & DeDe Lebovits Ralph Garcia, Jr. ’83 (incoming Co-Chair) Jamie McCrary ‘90 Roger Haughton ‘69 Joel Raznick ‘81 Janice Jagelski ‘87 Lynn P. ‘55 & Winslow C. (Winnie) ‘54 Reitnouer Dorcas Kelley ‘84 Steve Savitsky ‘87 Jeff Kragel ‘04 Harvey ‘47* & Hope Schechter Jack Krouskup ‘71 Katie Woods Renee Welze Livingston ‘82 Louise Pahl ‘77 Ron Rubenstein ‘66 Orange County Committee Co-Chairs Washington D.C. Chair New York Committee Chair Chris Fletcher ‘77 Phillip L. Spector ‘72 Bruce G. Wilcox ‘77 Ralph J. Simmonds ‘78 Washington D.C. Campaign Committee New York Campaign Committee Orange County Campaign Committee Ian Blue ‘10 John Arnhold ‘75 Marc Ackerman ’94 Paul Boyle ‘84 Stephanie Brower ‘09 Kristin Barens ’87 Gwen Brown ‘71 Tim Coleman ‘76 John Dobrott Karen Irish ‘89 Michael Coyle ‘88 Eric Fults ’87 Damon Jones ‘93 Josh Elliott ‘93 Richard A. Gadbois III ‘79 Jennifer Pharaoh ‘82 Eva Haller Dennis Ghan ‘74 Phil Reiner ‘98 Michael Koch ‘89 Lisa Hartung ’98 Paul Sweet ‘69 Chris Ludeman ‘80 Chris Manderson ‘91 Linda Ulrich ‘83 Karen Macleod ‘85 Paul Sams ‘92 Marie Williams ‘89 Casey Sbicca ‘07 Bill Thormahlen ‘77 PARTNERS IN INNOVATION / MILESTONES IN GIVING Gold Circle Spotlight Michael and Anne Towbes /Paying it forward by giving back Michael Towbes’ first contact with UC Santa Barbara came when “UCSB Arts & Lectures is a perfect blend of my love for education he and his construction business were relatively new to the area. and my love for the arts,” said Anne, a former longtime teacher One of his early projects was an Isla Vista apartment building who holds a master’s degree from University of Michigan. designated for UCSB freshmen that now serves as a staple “Michael and I share that love for the arts — we love to attend residence for students. Arts & Lectures programs and we love to support it to make sure more people have access to it.” So launched a robust partnership now some half-century strong. Anne Towbes also sits on the program committee for UCSB’s In the decades since that inaugural encounter, Towbes, named an Taubman Symposia in Jewish Studies. Michael Towbes is a honorary alumnus in 2011, has made literally hundreds of gifts to longtime trustee of the UC Santa Barbara Foundation. the university — both through his corporations and foundations and personally, with his wife, Anne. For this altruistic pair — they’re as generous with their time as with their money — philanthropy is “more than dollars and The list of departments and disciplines that have benefited from cents,” said Michael, who holds the rare distinction of being the Towbes’ generosity includes the Gevirtz Graduate School of recognized by the Association of Fundraising Professionals as Education, Theater and Dance, the Interdisciplinary Humanities both Philanthropist of the Year and Volunteer of the Year. In Center, the Institute for Energy Efficiency, the Early Academic addition, Michael, Anne and Michael’s late wife Gail have all been Outreach Program and Bren School of Environmental Science & recognized as Santa Barbara’s Man and Woman of the Year by the Management. That’s just a small sampling. Santa Barbara Foundation. “Santa Barbara has been very good to me,” said Michael Towbes, “I really believe in being philanthropic in a public way, to try to one of the region’s most prominent and prolific philanthropists. encourage other people,” Michael Towbes said. “Get involved.