Purdue donations of nearly $300 million second highest in university history
July 10, 2012
WEST LAFAYETTE, Ind. - Purdue University reported fundraising
activity of nearly $300 million for the fiscal year that ended June 30,
marking the second highest annual total ever for Purdue fundraising.
The
fiscal year 2012 total of $298.8 million is 32 percent higher than 2011
and second only to the $311.7 million raised in 2003.
"We're
grateful to the alumni and friends of Purdue who made our progress
possible," said Purdue President France A. Córdova. "Much of what our
faculty, staff and students have accomplished would not have happened
without their philanthropy. Our donors help make a Purdue degree
attainable for students with limited finances, they encourage our best
and brightest to reach higher, and they provide the additional support
needed for the basic research breakthroughs and inspire the innovations
that drive our economy."
Signature gifts included:
* A $10
million anonymous gift for construction of the Center for Student
Excellence and Leadership, the centerpiece of a student success corridor
that will bring academic enhancement programs, student organizations
and extracurricular activities into a new campus core.
* More
than $10 million to endow undergraduate and graduate student
scholarships and named faculty chairs. Donors signed more than 416
endowment agreements with Purdue this fiscal year, a significant
increase that development directors credit to new matching gift
programs.
* $10 million to Purdue's international programs for
research, training and scholarships from Nanshan Group Co. Ltd., a
leading aluminum company based in China. The company is building a $100
million, 435,000-square-foot aluminum extrusion facility in Lafayette in
part for its proximity to Purdue.
• A gift-in-kind valued at
$61.2 million for Synopsys electronic design automation software used in
graduate and undergraduate engineering programs and microelectronic and
nanoscale research in the School of Electrical and Computer
Engineering.
President's Council membership reached 18,456
members in December, exceeding an 18,000-member goal set five years ago.
The President's Council was established in 1972 to recognize the alumni
and donors whose private giving is key to moving educational and
discovery goals forward at Purdue.
Lisa Calvert, vice president for development, said the total fundraising reached $1.1 billion over Córdova's five-year tenure.
"We
have achieved campaign-like results without holding a public campaign,
which is a significant testament to the generosity of our donors,
alumni, faculty and staff," Calvert said. "Fewer than five universities
with official campaigns have accomplished results such as Purdue."
Annual
fundraising totals at Purdue are reported according to the standards
provided by the Council for the Advancement and Support of Education.
Net fundraising production includes cash, real estate, gifts-in-kind,
deferred gifts and new pledges. Payments made on pledges that were
booked in previous fiscal years are not counted. A full report on Purdue
fundraising efforts will be given to the Board of Trustees on July 20.
Writer: Chris Sigurdson, 765-496-2644, sig@purdue.edu
Sources: France A. Córdova, president@purdue.edu
Lisa Calvert, 765-494-1704, lcalvert@purdue.edu