Dear OSU and OSU Foundation Colleagues,
With the news that Oregon State donors have made this an historic year for fundraising, I am grateful for the many, many ways each of you contributed to this success. Thank you! We closed the books on fiscal year 2017 with $132.15M in gifts to the university, gifts that will significantly impact our students, faculty, community and world.
Looking back on a great year…
The last three years, since the end of The Campaign for OSU, have included three of the best four years in total fundraising in the university’s history.* This is largely due to our collaborative work together and our focused Strategic Fundraising Initiatives, which tie directly to achieving the university’s long-term goals.
We have also strategically invested in areas we knew would be essential to maintaining our momentum coming out of the campaign, including our focus on principal gifts ($5M+). This year we celebrated the university’s largest gift ever – $25M – for the planned Arts and Education Complex as well as a $5M commitment for the planned new academic building at OSU Cascades.
But, the success this year wasn’t just at the top of the gift pyramid: our Annual Giving program (gifts of < $25K) celebrated a new milestone, surpassing $20M in gifts. The number of President’s Circle donors (gifts of $1K+) has now increased to more than 7,600 members. And faculty and staff giving grew by nearly 11 percent. (Thank you!)
…and planning for the new year!
Of course, in July, the OSU Foundation and OSU Alumni Association devote time to working with our campus partners to plan for the academic year. We are guided by our Vital Few Goals, the ten or so goals which sit on top of our annual operating plans and which we believe are most critical to achieving success in the year ahead. Those goals will continue our focus on preparing and planning for the next campaign, which will support the university’s aspirations, aligning with Strategic Plan 4.0 as it comes together this year. Other goals include growing engagement with the university’s alumni and friends, continuing to advance as a “Best Place to Work” environment, leveraging innovative technology and the launch of our new database, among others.
In late May the OSU Alumni Association, in partnership with the Foundation, launched a new program that gives alumni, fans, friends, parents, and university staff the opportunity to share their views and influence university programs and priorities, all while having a bit of fun. The initiative is being led by the C2C (Close 2 Customer) student experiential learning project in the College of Business. Through the Beaver Lodge, participants answer survey questions and are entered in prize drawings. Nearly 700 participants have registered to date. The first survey attracted respondents from as far as Central and South America, Western Europe, and Southeast Asia. They represent a diverse age range, with graduates from the 1950s through the 2010s. I invite you to register – and encourage your constituents to do the same – and have your voice heard. Please contact Erika McDowell at the Alumni Association with any questions.
Welcome New Development Staff!
Tommy Love will join the OSU Foundation on July 17th as a Director of Development for the College of Engineering. Tommy comes to us from Western Oregon University, where he has served as the Executive Director of Advancement, leading all aspects of advancement. He has also held leadership fundraising roles at Belmont Abbey College and St. Andrews University, both in North Carolina. Tommy holds a degree from St. Andrews University.
Tyrell Warren-Burnett will join the OSU Foundation as our new Senior Director of Annual Giving Programs on August 1st. Tyrell comes to us from Washington State University Foundation where he has led annual giving for nearly three years. Prior to that, he served as Strategic Marketing and Direct Mail Coordinator for the annual giving team at the WSU Foundation, after working for several years in sales and marketing. A Michigan native, Tyrell has an MBA in marketing from Ashford University and a bachelor’s degree in retailing from Michigan State University.
Aug. 10 – JFK Exhibit & Reception, Oregon Historical Society, Portland
Nov. 16 – President's Dinner, Portland
Mar. 1-3, 2018 – Destination OSU, Carlsbad, Ca. NEW!
The Monthly Development Update will take its regular summer hiatus in August, returning with the new term in September. (I know, I know, you will miss it…) In the meantime, I wish everyone a safe and happy summer, and thank you all again for the great work you do every day to advance Oregon State University.
SHAWN L. SCOVILLE
Executive Vice President
*P.S.: How do we count?
To ensure we are properly stewarding and recognizing OSU’s many generous supporters, we utilize several ways of calculating gifts to the university. Firstly, the Financial Accounting Standards Board (FASB) issues standards for auditing of Foundation financial statements and includes cash and discounted pledges. The Council for Aid to Education (CAE) is a national agency that collects data from all colleges and universities in the U.S. CAE is the source for all peer comparisons and counts cash gifts, including pledge payments. Meanwhile, the Council for Advancement and Support of Education (CASE) issues its own standards for compilation of multi-year campaign reporting and what we use to report our fundraising progress. It acknowledges outright gifts and pledges at face value, but not pledge payments. To learn more about the OSU Foundation’s practices, read our gift_counting_policy.pdf