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Million Dollar Gifts Judy Mahoney Associate Dean College of Engineering University of Washington Engineering Development Forum 2013 | UC Davis. UW College of Engineering. R-1 institution 250 faculty / 45K alumni / 6K students Last comprehensive campaign 2000-08 CoE goal $250M Raised $268M.
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Million Dollar GiftsJudy MahoneyAssociate DeanCollege of EngineeringUniversity of WashingtonEngineering Development Forum 2013 | UC Davis
UW College of Engineering • R-1 institution • 250 faculty / 45K alumni / 6K students • Last comprehensive campaign 2000-08 • CoE goal $250M • Raised $268M
Today’s Objective • Share lessons learned • Two primary types of donors/gifts
1995 - 2004 New MGO Activity $100K Scholarship Endowment Gift Initial Outreach by Advancement 1995 2002 2004
2004 - 2007 CRUT Discussion Pledge of $1M Matriarch dies Matching Gift Opportunity Ask for $100K $100K Scholarship Gift ask PPA & Students First Family Patriarch Dies 2006 2004 2005 2007 Stewardship of Original Gift / Scholar-Donor Luncheons
Lessons Learned – Traditional • Many cultivation steps • Gift discussions • Leverage is powerful • Stewardship pays off
$M Donors, CSE Campaign • Venture capitalist: “It’s a business decision” • Venture capitalist: privately held shares • Local CEO: “I can flip you some shares”
$M Donors, CSE Campaign • Friends at/from Microsoft • Tech Advisory Board • Elephant bumping • College buddies?
Lessons Learned • Exploit urgency • Find relationships • Appearances? • History? • Power of Leverage