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Posted 10-15-01
CLEVELAND -- Case Western Reserve University set new records in nine fundraising categories in 2000-01. Many of the records broken were only a year old.
Records came in two overall fundraising arenas -- private support and commitment attainment. Private support involves gifts received during the year, through payments of either current or previous pledges. Commitment attainment includes cash or cash-equivalent gifts received during the year, as well as pledges made during the year to be paid in future years.
"We had a strong performance University-wide," said Bruce Loessin, senior vice president for University relations in development. "The school campaigns are substantially and favorably affecting the University's overall fundraising," he added. The School of Medicine, College of Arts and Sciences, and Case School of Engineering had active fundraising campaigns during the past academic year.
CWRU's overall private support last year reached a new record of $101.4 million, up approximately 17 percent from the previous record of $86.8 million in 1997-98.
Three schools set new records in private support in 2000-01. The School of Medicine raised $36.1 million, up from its previous record of $29.4 million from 1998-99. The College of Arts and Sciences garnered nearly $16 million in prior support, surpassing the prior record of $15.3 million in 1997-98. The Weatherhead School of Management's new record for private support is $19.1 million, up from the $11.1 million record set in 1997-98.
The annual fund also reached a new record level of nearly $6.6 million. The previous record was nearly $6.5 million in 1999-2000.
Foundations also provided private support at new record levels during the past fiscal year -- nearly $40 million, up from nearly $29.8 million the year before.
The remaining records came in commitment attainment, which involves cash or cash-equivalent gifts that come in during a year, as well as pledges made during the year to be paid in future years.
The overall level of commitment attainment reached a new record of $123.4 million, an increase of nearly 15 percent from the year-old record of $107.8 million.
The School of Medicine set a new record in commitment attainment -- $51.2 million, up from $36.4 million in 1999-2000.
Alumni giving helped lead to a new record level of commitment attainment -- $30.3 million. The previous record, $29.6 million, was set in 1999-2000.
Commitment attainment from friends represents the final record for the 2000-01 fiscal year. The new record total in this category is $38.1 million, up from $27.8 million in 1997.
Loessin credited the efforts of deans and development officers in the schools, as well as gifts from alumni and foundations, as major factors in the University's outstanding fundraising performance.
Each of the schools has strong fundraising operations, and deans "have become very active and engaged in their own fundraising successes," Loessin said. "they have a huge amount of responsibility for these successful outcomes."
Nearly every sector of development has enjoyed increased support, in part because of strong alumni support. "Alumni giving has driven up every category," according to Loessin.
Foundation giving also has been important. "We remained one of the nation's most powerful universities in raising money from foundations," he added.