August 02, 2010

Fundraising Grows for Third Straight Year

Contributions total $115.5 million, second-highest in university history

Case Western Reserve University’s alumni and friends continued their extraordinary support in 2009-2010, providing $115.5 million in philanthropy. The figure represents an increase of more than 6 percent over the previous year and the second-highest amount ever received. The results also marked the third consecutive year that the university exceeded $100 million in contributions and pledges.

“This support is a testament to the remarkable work that takes place on our campus,” President Barbara R. Snyder said. “I am deeply grateful to all of the individuals and organizations who recognize our efforts and are willing to help us realize our goals.”

This year’s totals also set some best-ever records, including for annual fund giving ($7.9 million), average gift ($6,540) and unrestricted giving ($44.7 million).

Included among the year’s significant gift announcements were:

  • A $20 million commitment from The Veale Foundation for a new university center to be named for the foundation’s founder, Tinkham Veale II, a 1937 graduate of the Case Institute of Technology.
  • A $12 million commitment from the Maltz Family Foundation of the Jewish Community Federation of Cleveland as a lead gift for plans to create the Milton and Tamar Maltz Performing Arts Center at The Temple — Tifereth Israel.
  • A commitment of $10 to $12 million from the Joan C. Edwards Charitable Foundation to support the creation of a Health Professions Pipeline Program. In it, selected graduates from the Cleveland School of Science and Medicine will receive full-tuition scholarships to support completion of undergraduate and medical education at Case Western Reserve.
  • A $4 million commitment from Trustee James C. Wyant, a 1965 graduate of the Case Institute of Technology, to support construction of a new field house at the North Residential Village.

“These results demonstrate that our graduates and friends recognize that Case Western Reserve University is moving in a positive direction,” said Bruce A. Loessin, the university’s Senior Vice President for University Relations and Development. “We deeply appreciate this support, and look forward to building on the momentum in the years to come.”

Added President Snyder: “Our faculty, staff and students achieve extraordinary feats in the classroom, laboratory, athletic field and everywhere else on our campus. Those accomplishments help inspire our donors, who in turn provide resources for yet more breakthroughs and discoveries.”

Posted by: Kimyette Finley, August 2, 2010 11:02 AM | News Topics: Administration, Alumnet, Alumni, Faculty, Staff, Students, Support Case, news

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