Category: Campaign Newsletter, Issue 5
Dear friend of Boston University,
The campaign moves forward. And bucking the pattern of campaigns at many other institutions, ours has experienced no “second-year slump.” In fact, the opposite is true. As of this writing—less than halfway through the public phase of our campaign—we have raised more than $675 million toward our $1 billion goal. We are continuing to gain momentum, and increasingly, on an international scale.
For example: In this issue, you’ll read about the campaign celebration held in Beijing at the end of March. Attended by more than 300 people, it was the single largest BU gathering ever held outside the U.S. Major new gifts—also described in this issue—were announced, and we thank Harry Susilo and Hugo Shong (COM’87, GRS’92) for their extraordinary generosity. We also thank Harry, W.Q. Han (GRS’89, GSM’89), and our other Chinese hosts for organizing and mounting the events over this extraordinary weekend—and of course, we thank the anonymous donor who provided critical financial support.
Harry Susilo’s gift, which creates a new Institute for Ethics in a Global Economy based in the School of Management, reminds us that this is a donor-driven campaign. Alumni and other friends step forward with a personal passion, and President Brown and his faculty colleagues determine how that idea fits into the bigger BU picture. Another example, also described in this issue, involves the new Center for Innovation in Social Work & Health, recently endowed by another donor who chose to remain anonymous.
Two more pieces of compelling evidence of donors pursuing their passions: As of this writing, 42 friends of the University have established professorships through the campaign, and another 172 have created funds to support students. These are gifts that will keep on giving forever.
Our work continues. We still need to keep finding people who understand where this great university is going and want to help advance that cause. Meanwhile, we thank you for joining us in choosing to be great.
Kenneth J. Feld (SMG’70)
Chairman and CEO, FELD Entertainment, Inc.
Trustee, Boston University
First-ever Giving Day a huge success
It was a first-ever 24-hour BU giving blitz!
For one full round-the-clock day, on April 30, BU alumni, parents, students, faculty, and staff members around the globe came together—on campus and online—to make a difference at BU during the University’s first Giving Day.
The fundraising drive for the BU Annual Fund—which provides resources for BU’s schools, colleges, and athletic teams, as well as for scholarships and other University-wide initiatives—raised $1,118,640 from 3,126 donations. More than 500 of those gifts came from BU faculty and staff members, and more than 700 from recent graduates.
On the social media front, the hashtag #BUGivingDay got in front of 2.5 million people on Twitter and 20,000 people on Facebook—even getting the attention of some of BU’s celebrity alumni, like actors Ginnifer Goodwin (CFA’01) and Michael Chiklis (CFA’86).
— Ginnifer Goodwin (@ginnygoodwin) April 30, 2014
Congratulations to Boston U (my alma mater!) for a successful Giving Day – we raised $1 million from 3,000 donors in one day! #BUGivingDay
— Michael Chiklis (@MichaelChiklis) May 1, 2014
“Without a doubt, the day exceeded everyone’s expectations and provided our institution with resources that will help to build a better BU,” said Dan Allenby, assistant vice president for Annual Giving. “It was an opportunity for our community to unite around a common goal: giving back to what made, or makes, their BU experience so great and supporting future students.”
To increase the impact of Giving Day, and to encourage and reward the philanthropy of other BU community members, BU Trustee Steve Karp (CAS’63) issued a challenge to donors, with a contribution of $250,000 in matching funds. Throughout the day, donors were motivated by other matching challenges offered by alumni and friends in support of such targets as the Community Service Center and the ROTC program.
Mark DiCristofaro (CGS’06, COM’08), a film and TV producer based in Los Angeles, was one of thousands of Giving Day donors. He gave in honor of the connections he made at BU, and as a way of saying thank you to those whose contributions enriched his student experience. “When I was a member of the BU golf team, contributions from team alumni offset the cost of our travel and gear,” said DiCristofaro. “And at CGS and COM, enhanced facilities and equipment were donated by parents and alumni, and those had a big impact on my BU experience.”
Gift will advance research in human progress
Frederick S. Pardee (SMG’54, GSM’54, Hon.’06) has given $25 million to endow a new BU school that will be built on his dream of advancing human progress.
The Frederick S. Pardee School of Global Studies will open this fall. The goal of the school will be to bring together faculty from across the University to support interdisciplinary research and to educate the next generation of leaders who will address issues of global human progress.
Pardee’s new gift matches the largest single gift in University history, Trustee Rajen Kilachand’s $25 million for the Kilachand Honors College in 2011. The gift brings Pardee’s lifetime giving to almost $40 million, the most of any BU supporter.
“Mr. Pardee’s investment in Boston University, and his vision of moving higher education forward to pioneer a new approach to address the important issues facing human development, are extraordinary.” —President Robert A. Brown
“Mr. Pardee’s investment in Boston University, and his vision of moving higher education forward to pioneer a new approach to address the important issues facing human development, are extraordinary,” President Robert A. Brown said. “The Pardee School will be transformational in our effort to prepare our students to work on the great challenges in the world.”
In April, Brown announced that global policy expert Adil Najam—a member of the College of Arts & Sciences faculty—had been selected to serve as the Pardee School’s first dean.
Commenting on his appointment, Najam thanked Pardee for his vision and generosity: “With a deep commitment to interdisciplinarity, the Pardee School will bring together the amazing faculty and programs we already have with synergies that allow the whole to be even greater than it already is: in outstanding teaching, cutting-edge research, and relevant policy outreach and impact.”
$1M matching challenge for Chinese alumni
UPDATE (Nov, 2014): Challenge met! Thanks to generous donations from BU alumni and friends in the greater China area, Hugo Shong will donate $1M to Boston University. Thank you to everyone who responded to the call. Your donations to The Campaign for Boston University will provide amazing opportunities for BU students, faculty, and alumni!
To encourage his fellow alumni to donate to The Campaign for Boston University, Trustee Hugo Shong has pledged to match all new and increased contributions from alumni and friends in the greater China area, up to
Shong (COM’87, GRS’92) announced the gift in a dramatic setting: the Great Hall of the People, home to legislative and diplomatic activity in China, during BU Momentum in March.
“I hope you will participate in this new challenge to make BU even stronger,” said Shong to the 300-person crowd, “and to highlight the special relationship between BU and China.”
Shong is founding general partner of IDG Capital Partners and chairman of IDG Greater China, and, according to China Daily, is known as “the godfather of Chinese venture capital.” While taking graduate journalism
courses at the Chinese Academy of Social Sciences, he won a scholarship to BU’s College of Communication.
“Without the scholarship from BU, I would not have been able to afford to study in the U.S. Therefore, I would not be who I am, what I am today,” says Shong. “So now, I think it’s time to do something in return.”
“I hope you will participate in this new challenge to make BU even stronger.” —Hugo Shong
Shong hopes his fellow alumni will rise to the challenge and donate a total of $1 million by August 24, 2014, the closing day of his annual Beijing Great Wall Forest Festival in the Music Valley—an outdoor concert venue adjacent to the Great Wall that is modeled on the Tanglewood Music Festival in Lenox, Massachusetts.
The BU community in China is already stepping up: Just two weeks after Shong issued the challenge, two BU parents stepped forward with a $400,000 gift to establish a scholarship fund. The resulting awards will be given to students with financial need from greater China. In addition to a matching campaign gift from Shong, the University will match the payout from the fund through the Century Challenge initiative.
- Donations from alumni in mainland China, Hong Kong, and Taiwan will count toward the challenge.
- This is a limited-time opportunity: The deadline for gifts toward the challenge is August 24, 2014.
- Gifts can be designated to support any area of the University—from schools and colleges to programs, initiatives, student financial aid, and other funds.
- Double the impact of your gift today!
For more information, please contact:
Director of Development, Asia