Annual Giving Remains Robust With More Than $22 Million Raised and Increased Participation Levels
For the second consecutive year, Stevens received more than $22 million in philanthropic support to close out a very successful year in fundraising, as reported by Stevens' Office of Development on June 30, the close of the 2013-14 fiscal year.
What is particularly encouraging about FY14 was the active participation across many of the different groups of alumni donors within the Stevens community, with some seeing substantial increases over the prior year.
“With most universities seeing a decline in alumni participation, it is inspiring that more and more alumni at Stevens are committed to strengthening their alma mater. It is an exciting time to be a part of the Stevens community and I am thrilled to be here,” said Brodie Remington, who assumed the position of vice president of Development in June 2014.
The number of overall alumni donors from FY13 to FY14 increased by 10 percent; undergraduate donors increased by 9.5 percent; graduate donors rose by12 percent; and participation by G.O.L.D. (Graduates of the Last Decade) donors saw a 23 percent increase.
The Stevens Greek community also played a prominent role in supporting the university’s goals in FY14. Five Greek organizations achieved 23 percent participation: Theta Xi (34 percent); Pi Lambda Phi (31 percent); Delta Tau Delta (27 percent); Beta Theta Pi (23 percent); and Sigma Nu (23 percent).
The Old Guard of Stevens shined brightly in FY14, making them the top performing undergraduate classes in support of their alma mater: 1945 (53 percent); 1952 (44 percent); 1963 and 1964 (43 percent); 1954 (39 percent); and 1956 and 1959 (38 percent). The 1964 class also raised more than $500,000 in honor of their 50th reunion for the Class of 1964 Scholarship.
Among G.O.L.D. members, the top three classes with regard to participation were: 2009 (14 percent); 2008 (13 percent); and 2010 (12 percent).
Other groups saw great strides in the participation of their members: 19 percent of Stevens alumni-athletes made a gift to the university; 30 alumni gave to Stevens’ official radio station WCPR; and 45 alumni gave to the STEP Scholarship Fund/STEP Program in FY14.
Support received from alumni and friends of the university during the fiscal year will go towards supporting key initiatives such as student scholarships, faculty research, and capital projects.
The increased level of Stevens’ alumni participation rate was entirely due to the tireless efforts made by the alumni volunteers. According to Melissa Fuest, director of Annual Giving, “The success achieved was only made possible because of their leadership and their love for Stevens. It is my hope that many more alumni join them in the effort to push Stevens to even greater heights in the coming months and years ahead. They have laid a strong foundation for the future. I am so thankful for each and every one of them.”
Stevens was also named a recipient of a 2014 CASE (Council for Advancement and Support of Education) Educational Fundraising Award for Overall Improvement among private research institutions with endowments of less than $1 billion. The award is based upon judges’ analysis of three recent years of fundraising data from the Council for Aid to Education’s annual Voluntary Support of Education Survey (VSE).
To learn more about alumni participation and giving to Stevens, please visit www.stevens.edu/dev.