New Commitments Highlight Advancement's Record-Setting Year
Office of Alumni Relations
The Office of Alumni Relations was pleased to welcome more than 40 alumni and alumnae who work at Catholic University to our yearly appreciation luncheon on Wednesday, April 27. Thank you to all who came to celebrate our special connection to the University.
|From left to right: Scott Rembold, vice president for University Advancement; Rev. Jude DeAngelo, O.F.M., University chaplain and director of Campus Ministry; ?Robert Specter, vice president of finance.|
Thank you to everyone who attended our CommUNITY Coffee and Blessing. We had nearly 200 campus community members join us for our open house on Wednesday, April 20, and so appreciate your making the time for our “office warming” and blessing. As we settle into our new space and as our team grows, we look forward to partnering with you all and hope you will visit again soon!
FY16 Fundraising Goal Surpassed
This fiscal year, the Division of University Advancement set a goal of $35 million in gifts and commitments. As of April 25, with less than one week to go in the fiscal year, we have achieved 157% of this goal, securing $55 million in pledges and gifts. This eclipses our previous highest fundraising total ever of almost $30 million in FY 2015. To date, $24 million of this year's total is spendable cash; the remainder comprises multi-year donor commitments and unrealized bequest commitments. Of that amount, $1.5 million in cash fully supported the University’s expenses to host the papal Mass on Sept. 23, 2015. Five and a half million dollars of this year’s total, or 10%, came from the National Collection. The CUA Fund brought in $2 million. Both of these sources provide valuable, flexible, unrestricted current-use support for our operations, although the collection primarily benefits student scholarships. The division will be producing an annual report that will detail final cash and commitment numbers after the fiscal year has concluded.
$47 Million in Gift Commitments Announced
The University announced $47 million in gifts and commitments on Wednesday, April 20. The majority of these gifts will be fulfilled over the next five fiscal years. Much of this funding will support the newly renamed Tim and Steph Busch School of Business and Economics, but some of the gifts will also benefit the University through interdisciplinary programming in the Institute for Human Ecology.
- $17 million has been committed for the Maloney Hall renovation as the future home of The Tim and Steph Busch School of Business and Economics. Of the $15 million lead donors Tim and Steph Busch donated, $10 million will support this project, as will the $5 million commitment from Joe Della Ratta, B.A. 1953, and the $2 million commitment from the school’s Board of Visitors member Larry Blanford and his wife, Lynn. The renovation of Maloney Hall will not only bring 60,000 square feet of academic space back into use, it will also free up the academic space across our campus that is currently being utilized by the business school.
- $16 million will support operations in the business school, including the creation of the new Ciocca Center for Principled Entrepreneurship, which is being funded primarily by Arthur and Carlyse Ciocca. Tim and Steph Busch, the Charles Koch Foundation, and an anonymous donor are also contributing operations funding that supports faculty and programming within the school over the next five years. Four million dollars of this funding is a deferred gift that will support the school after the initial funding period specified.
- $14 million will support the Institute for Human Ecology, a new cross-disciplinary institute, which was inspired by Pope Francis’s historic visit to the University in September 2015 and in his encyclical, Laudato Si’. The Institute will sponsor research on human flourishing inspired by Catholic social doctrine.
In order to continue to build upon this success, University Advancement is currently seeking to expand its team of gift officers. In addition to the current development programs in place within the schools of law, business and economics, and arts and sciences and the Department of Athletics, University Advancement is partnering with the schools of engineering, architecture, theology and religious studies, social work, and music to add gift officers who will reside within each of these schools to build their outreach and fundraising efforts.
On March 1, the CUA Fund launched the #2000reasonsCUA campaign, which aimed to inspire 2,000 of our alumni, students, parents, and friends to donate to CUA by April 30. We closed out our fiscal year with 2,067 donors, who shared a variety of amazing reasons that they give to CUA. We are grateful to the alumni, parents of current students, faculty, and staff who joined us in making a gift and sharing your reason. Check out our favorites on Twitter via #2000ReasonsCUA.
Advancement Welcomes a New Associate Vice President
We are excited to welcome Bill Warren, who joined us on April 18 as our newest associate vice president for University Advancement. In his new role, Bill will provide management oversight of the advancement division in several key areas, including corporate and foundation relations and Advancement communications. He will also partner with the dean of arts and sciences to help manage the school’s advancement team and will be working with the schools of engineering and music to hire gift officers and build their programs in the near term. Over time, he will partner with the deans of several additional schools to establish their development operations.
Bill comes to us from National Geographic, where he was vice president of development. His role there involved building awareness around the society’s nonprofit mission and cultivating philanthropic leaders to help National Geographic grow its exploration and educational programs. Bill also worked with National Geographic Society’s executive leadership to design a capital campaign for the organization. He previously served as vice president of foundation relations and grants, managing the team that interfaces with private foundations, and oversaw competitive grant-seeking from the federal government. Bill also oversaw the society’s work with principal gift prospects and guided the efforts of the major gifts team in that arena.
Bill spent the early part of his career working in annual giving at his alma mater, the Johns Hopkins University, in Baltimore, Md., and at the Maret School in Washington, D.C. He transitioned into development communications and foundation relations with the National Trust for Historic Preservation and the YWCA of the National Capital Area before joining National Geographic in December 2002. He received his B.A. in psychology from Johns Hopkins in 1994. Born and raised in Portland, Ore., Bill is married with two sons and lives in Chevy Chase, Md.