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The Centennial Campaign Administrators’ Forum October 11, 2011. Resource Development Mission Statement. To build a community of informed and engaged stakeholders who advocate for, and philanthropically invest in, Rice University’s mission of teaching, research and community outreach.
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The Centennial Campaign Administrators’ Forum October 11, 2011
Resource Development Mission Statement • To build a community of informed and engaged stakeholders who advocate for, and philanthropically invest in, Rice University’s mission of teaching, research and community outreach. • Resource Development is in the “relationship business”, not the “fundraising business.” 2
Big Goals • Rice Centennial Campaign: $1B by 6/2013 • The Rice Centennial Celebration: 10/2012 • Implementation of ARA Strategic Plan: 6/2011 • Create a distinctive identity • Communication & technology • Build a Rice network • Embrace continuous learning • Celebrate achievements • Reaching beyond Reaching beyond
A Billion Dollar Campaign Selected Peer Benchmarks
$1B Campaigns: 35 Peers in Higher Education Source: Council for Aid to Education
FY07-09 Cost to Raise a Dollar Selected peers: Carnegie Mellon; University of Chicago; Duke; Johns Hopkins; Northwestern; Notre Dame and Washington University, St. Louis
A Billion Dollar Campaign How will our Centennial Campaign make Rice better?
Three Big Ideas • Transforming extraordinary students into extraordinary leaders • Facing challenges. Generating solutions. • Learning and leading, locally and globally.
Notable “Wins” • Created or enhanced more than 30 faculty chair endowments • Created or enhanced more than 200 scholarship endowments • Key capital projects: • McMurtry College and Duncan College • Brockman Hall for Physics and Oshman Engineering Design Kitchen • Gibbs Recreation Center and Wellness Center and Tudor Fieldhouse renovation • Brochstein Pavilion & Hindman Garden • New Programs in: • Art History Ph.D. • Sociology Ph.D. • Kinder Institute for Urban Research • Rice Center for Engineering Leadership
Campaign Commitments by Type (dollars in Millions) $741M as of 9/30/11
Rice Annual Fund • Campaign Goal: $58.3M • FY 2012 Goal: $7.34M • Why is the Annual Fund important to the campaign? • Opportunity for everyone to participate • Provides immediate and flexible funding for the university’s priorities • Creates the culture of philanthropy—e.g., 67% senior class participation