April 4, 2014
Purdue trustees receive fundraising update
WESTVILLE, Ind. - Private giving trends and projections for fiscal year 2014 were the focus Friday (April 4) of the second in a series of governance reports scheduled for this year to Purdue University's Board of Trustees.
Amy Noah, Purdue's vice president for development, gave the presentation during the trustees' meeting on the Purdue North Central campus.
Metrics requested by the board and outlined in the fundraising report include net production, cash donations, number of donors, donations by amount, sources of funding and funding for student support.
Noah shared several projections for fiscal year 2014, predicting an increase in donors and giving over last year.
"We are seeing strong results thus far this fiscal year," Noah said. "We believe, based on our estimates, that we will finish ahead of last year in both our net production and cash donations. We also are on track to surpass the number of donors who gave the previous year for the first time in the past six years."
Donations earmarked for student support - including scholarships, fellowships, awards and student organizations - are also expected to increase significantly, Noah said, to an estimated $47 million, a testament to the passion that donors have for student success and affordability.
"Purdue's strong commitment to affordability strikes an extremely positive note, and we sincerely thank our friends and supporters who make it possible for students to have the Purdue experience," Noah said.
She said national trends indicate that charitable giving in general is recovering from a decline that began in 2007 and that giving to higher education institutions is following that trend.
Further helping to boost the dollars given to the university, Noah said, will be the first-ever Purdue Day of Giving, scheduled for April 30. The 24-hour, university-wide online fundraising event will combine personal contact and social engagement. A recent donation included $500,000 to be used as a dollar-for-dollar match of any gift or pledge to the President's Affordability and Accessibility Fund on the Day of Giving. More information is available online at http://purduedayofgiving.com/.
In addition to an overview of fundraising efforts, Noah provided specific fundraising goals for each of the Purdue Moves, a range of initiatives designed to broaden Purdue's global impact and enhance educational opportunities for its students. Those goals and more information are available online at http://news.uns.purdue.edu/images/2014/140404-Fundraising.pdf.
Governance reports are based on five areas of accountability chosen by the board. The first, in February, focused on institutional excellence. In May the board will hear an update on affordability, efficiency and student debt. September's focus will be on student intellectual growth, and December's presentation will cover graduation rates.
The governance report also included updates on two of the initiatives that are part of Purdue Moves.
Presenting to the trustees about efforts to strengthen computer science was Jeff Roberts, the Frederick L. Hovde Dean of the College of Science. Gary Bertoline, dean of the College of Technology and Distinguished Professor of Computer Graphics Technology, presented about the Purdue Polytechnic Institute initiative.
For more information about these and other Purdue Moves, visit the initiatives' website at http://www.purdue.edu/purduemoves.
Sources: Amy Noah, firstname.lastname@example.org
Jeff Roberts, email@example.com
Gary Bertoline, firstname.lastname@example.org
Related information:Polytechnic Institute presentation (pdf)