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Fordham Boosts Capital Campaign Fundraising by $59.7 Million in FY'10









 
 

Fordham Boosts Capital Campaign Fundraising
by $59.7 Million in FY ’10

By Patrick Verel

Fordham raised $59.7 million in new gifts and pledges in fiscal year 2010, the third-highest annual fundraising total in University history.

As of June 30, Excelsior | Ever Upward | The Campaign for Fordham had raised $337.6 million of its $500 million goal.

“The continued support for Fordham, even in this struggling economy, is very telling,” said Roger Milici, interim vice president for development and University relations.

“Our trustees, alumni, parents and other members of the University community are speaking with their wallets—and from their hearts,” Milici continued. “What they’re saying is that Fordham is important; its mission is important; and now especially it is crucial to support the University.

“I must also say that in this campaign, we are blessed with peerless trustee volunteers and professional staff, without whom we would not have reached $337.6 million.”

The campaign, which is now entering the second year of its public phase, exceeded expectations in several key areas:

• Fordham raised $41.2 million in cash (gifts and pledge payments)—a 26.5 percent increase over fiscal year 2009.

• University trustees surpassed their giving goal of $100 million, contributing $101.8 million.

• Undergraduate alumni participation grew from 24 to 27 percent, surpassing a 25 percent benchmark. Combined participation by undergraduate and graduate alumni increased from 18 to 21 percent.

• Participation in the senior class gift grew from 64 percent in fiscal year 2009 to 86 percent this past year.

In addition, three of the five campaign priorities are well on their way to reaching their goals.

• $69.9 million has been raised for endowed scholarships, fulfilling 99 percent of its goal.

• $67 million has been raised for annual support—fully 84 percent of its goal.

• $77.6 million has been raised for academic support, a sum equal to 78 percent of its goal.

In fiscal year 2011, the University is pursuing a goal of $60 million. To aid in this effort, school- and college-based campaign efforts will publicly kick off at: the College of Business Administration, Graduate School of Business Administration, Fordham College at Rose Hill, Fordham College at Lincoln Center and Graduate School of Arts and Sciences.

 


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