Photo: For a high resolution image of Lynette Marshall, click on the image below in the release.
Aug. 6, 2010
Number of givers hits record, number of gifts climbs for UI Foundation in fiscal 2010
More contributors than ever before -- 73,332 -- made gifts to the University of Iowa Foundation in support of the UI in fiscal year 2010, which ended June 30. The number of givers was up by nearly 10,000 over the previous fiscal year.
The number of gifts made to the UI Foundation also rose by double digits, 16.7 percent, over the previous year, from 102,569 to 119,706.
In a year marked by an uneven economic recovery, the UI Foundation raised $169.6 million in outright and deferred gifts for areas throughout the university -- its third-best year ever, and only 1.9 percent below the previous fiscal year.
Private gifts and grants made directly to the UI in fiscal year 2010 totaled $21 million, bringing combined UI and UI Foundation fundraising productivity for the year to $190.6 million. (The UI acknowledges the UI Foundation as the preferred channel for private contributions that benefit all areas of the university.)
Outright gifts to the UI Foundation (cash and cash equivalents) were up nearly 21 percent from the previous year, from $61.3 million to $74.2 million, making for the foundation's second-best year ever in outright giving.
"Economically, fiscal 2010 had its share of ups and downs, which makes our significant gains in number of givers and number of gifts especially encouraging and gratifying," said Lynette L. Marshall, president and CEO of the UI Foundation. "Many UI colleges and programs saw increases in new donors to their areas, and these first-time givers provide an essential basis for future fundraising success.
"The alumni and friends who support this university with their gifts -- through bountiful and lean times -- continue to amaze us with their steadfast generosity," Marshall added.
UI President Sally Mason said it takes teamwork to achieve fundraising success, and that private gift support is a vital component in the mix of resources that help the university to excel.
"It all starts with philanthropically minded friends and graduates who believe in the mission of this university and in our desire and ability to carry out that mission," Mason said. "Our partners at the UI Foundation bring experience and professionalism in matching donors' passions with the university's strengths and aspirations. And our faculty, students, and staff confirm our contributors' decisions to give by discovering, creating, teaching, learning and serving in new and exciting ways, and to the very best of their ability."
For more information about the UI Foundation, visit its website at http://www.uifoundation.org.
STORY SOURCE: University of Iowa Foundation, P.O. Box 4550, Iowa City, Iowa 52244-4550
MEDIA CONTACT: Forrest Meyer, executive director-strategic communications, UI Foundation; email@example.com, 319-467-3661 or 319-530-1558 (cell)
PHOTOS: High resolution and web-ready images of UI President Sally Mason are available (through Flickr): http://www.flickr.com/photos/uinews/3311948712/.