Alumni Fund Raises a Record Total
Yale SOM alumni gave a record-breaking total of $5.2 million to the Yale SOM Alumni Fund in the 2020-21 fiscal year, which ended on June 30.
Yale SOM alumni gave a record-breaking total of $5.2 million to the Yale SOM Alumni Fund in the 2020-21 fiscal year, which ended on June 30. Generous giving to the fund, which directly supports Yale SOM’s strategic priorities, allowed the school to adapt to the pandemic, continue to design and implement curricular innovations, and expand scholarship support for students while also balancing its annual budget. Overall, gifts and commitments from Yale SOM’s alumni and friends totaled $45.8 million.
The dollar total given to the Alumni Fund surpassed $5 million for the first time, breaking the previous record of $4.4 million, set in 2018-19.
Despite the constraints imposed by the pandemic, including a pause on outreach to the Class of 2020, 46.9% of alumni participated in the Alumni Fund, the highest percentage for any Yale school, including Yale College. More than 130 alumni joined the Dean’s Society by donating $1,000 or more to Yale SOM for the first time. “We are grateful for all of the Yale alumni who increased their giving this year,” said Cynthia Sacramone, director of annual giving.
Joel Getz, deputy dean for alumni, development, and special initiatives, added, “These results are a tribute to our alumni—to their generosity and their commitment to our mission to educate leaders for business and society. By including Yale SOM in their giving, alumni are expressing their confidence that the research and teaching happening at the school plays a role in addressing the challenges facing our world. We are honored by their trust.”