Over 250 graduates from the Yale School of Management Class of 2014 have pledged to give a total of $456,699 to the school—the largest commitment ever from a graduating class. Graduates from the MBA, MBA for Executives (EMBA), and Master of Advanced Management (MAM) programs all contributed to this record-breaking result.
Most of the new graduates' gifts are earmarked for the Alumni Fund, which supports student scholarships, loan forgiveness, program development, and other important school-wide initiatives. To celebrate the opening of Edward P. Evans Hall, a portion of the MBA Class Gift was designated to name the concourse outside the Ross Library, while the MAM graduates directed their gifts to the Evans Hall Sustainability Fund, which helps defray the costs associated with making the Yale SOM campus "green" and LEED certified.
The MBA Class Gift campaign closed at $329,685 in total pledges, with 83% of the class participating. "As SOM grows into its new surroundings," co-chair Dennis Tseng '14 said, "we remain true to our DNA. We are collaborative, fiercely loyal, and above all, we believe in the mission of the school and are grateful for the opportunities it has provided us to become the leaders for business and society we always talk about."
The success of the campaign is evidence of our feelings of pride and gratitude to Yale and particularly to SOM.
The EMBA campaign raised $64,524 from 100% of the class. Co-chair Beth DeStephens '14 said that her classmates' generosity exceeded her expectations: "Our goal was to raise $50,000 and have 100% class participation. We achieved both."
The MAM Class of 2014—the second MAM class to graduate from SOM—committed to give $62,490, with 74% of the class participating in the campaign. According to Rodrigo Castro '14, who chaired the campaign, his cohort's gift reflects the students' deep engagement with the school. “It was an incredible year,” he said. “I am particularly proud that the average gift of the MAM graduates was the highest across the SOM Class of 2014. The success of the campaign is evidence of our feelings of pride and gratitude to Yale and particularly to SOM.”
"The Class of 2014's extraordinary class gift results reflect our students' ongoing commitment to SOM and its future," said Joel Getz, senior associate dean for development and alumni relations. "The high rate of student participation in the MBA, EMBA, and MAM campaigns continues to inspire so many of the alumni I meet."