Yale School of Management alumni and other donors gave generously to the school in the fiscal year that ended on June 30. For the second year in a row, more than half of alumni contributed to the school’s Alumni Fund, giving a record total of $3,388,828. The total number of alumni donors was the highest ever, and the participation rate, at 51.9%, was the highest in almost three decades.
Total giving to the school, including leadership giving and gifts from non-alumni, totaled more than $50 million. This year marks the first time that the school has both exceeded a 50% participation rate and $50 million in total gifts.
“This 50 + 50 achievement for the school is a positive reflection on our faculty, students, staff, and, of course, our alumni,” said Dean Edward A. Snyder. “The breadth of giving among alumni demonstrates impressive generosity and alignment around and deep engagement with our founding mission to educate leaders for business and society. These much-needed funds will help us advance our strategic objectives.”
Alumni giving in 2015-16 showed momentum on a variety of dimensions. The total amount raised for the Alumni Fund was up 12%, and the average gift to the Alumni Fund rose by 5% over the previous year. Across the school’s three master’s degree programs, 100% of the newest cohort of alumni, the Class of 2016, contributed to the Alumni Fund through their Class Gift Campaign.
Joel Getz, senior associate dean for development and alumni relations, said that alumni should be proud of the results. “We are grateful to the thousands of alumni who supported the school this year and to the many volunteers whose personal outreach enabled the school to achieve this level of participation,” he said. “This outpouring of support and service to Yale SOM reflects the deep dedication and amazing vitality of our alumni community. Our alumni have achieved a great win for Yale SOM.”