{"id":110,"date":"2023-10-19T16:41:00","date_gmt":"2023-10-19T20:41:00","guid":{"rendered":"https:\/\/ar.bu.edu\/2023\/?page_id=110"},"modified":"2023-12-05T01:32:17","modified_gmt":"2023-12-05T06:32:17","slug":"donation-nation","status":"publish","type":"page","link":"https:\/\/ar.bu.edu\/2023\/donation-nation\/","title":{"rendered":"Record-Breaking Philanthropy"},"content":{"rendered":"

\"\"<\/h3>\n

A BOTTOMLESS CUP OF COMMUNITY<\/h3>\n

Setting a record for the University, we closed FY2023 with $273M in donations from our alumni and friends, a 12.3% increase over the prior year.<\/b><\/span><\/p>\n

Much of that success can be credited to the University\u2019s Strategic Plan<\/a>, our road map for growth that articulates BU\u2019s top priorities\u2014from impactful research and vibrant academics to diversity efforts and global engagement.<\/p>\n

\u201cDonors have been inspired and encouraged by the plan and want to support our new initiatives,\u201d says Senior Vice President for Development & Alumni Relations KAREN ENGELBOURG<\/b><\/span>. \u201cAt the same time, we have maintained and even increased momentum around core priorities, such as undergraduate financial aid, faculty and research, and student life.\u201d<\/p>\n

\n

We are engaging more alumni, parents, and friends in many more ways.<\/p>\n<\/blockquote>\n

\u2014 Kare<\/span>n Engelbourg, Senior Vice President for Development & Alumni Relations<\/p>\n

Our year of giving started off with a bang. The late philanthropist\u00a0EDWARD AVEDISIAN<\/b><\/span> (CFA\u201959,\u201961, Hon.\u201922) gave $100 million to benefit the University\u2019s medical school<\/a>\u2014since renamed the Aram V. Chobanian & Edward Avedisian School of Medicine\u2014with funds designated for research, endowed faculty chairs, and student scholarships. As part of his gift, the former professional clarinetist established two $1 million scholarships in music and the visual arts, one honoring Chobanian\u2019s wife, Jasmine, and the other Avedisian\u2019s wife, Pamela (Hon.\u201923). Recently, the College of Fine Arts received an additional $2 million from his estate for scholarships in performance. BU received 35 gifts of $1 million or more, including several eight-figure gifts from anonymous donors in support of key University initiatives last year, as well.<\/p>\n

\"Associate
Associate Provost for Computing & Data Sciences Azer Bestavros stands with our president emeritus and his wife, Drs. Robert A. and Beverly A. Brown, for the announcement of an endowed fund in their name to support faculty fellows in computing and data sciences. The fund was made possible by the generosity of numerous BU alumni and friends.<\/figcaption><\/figure>\n

Donors flocked once again to the CENTURY CHALLENGE<\/b><\/span>, the undergraduate scholarship program in which the University matches the scholarship awards distributed from new endowed scholarship funds for 100 years. The program is especially popular with those looking to make their first major gift, Engelbourg says.<\/p>\n

It\u2019s not just the dollar amounts that command attention\u2014it\u2019s the participation. Boston University\u2019s ninth annual GIVING DAY <\/b><\/span>brought in gifts from a record-breaking 12,000 donors from 48 countries and all 50 states, supporting more than 450 causes across campus. And our newest alums were fast out of the gates too\u2014nearly 2,500 donors from the Class of 2023 contributed to their class gift.<\/p>\n

\u201cWe are engaging more alumni, parents, and friends in many more ways,\u201d Engelbourg says.<\/p>\n

\"Jasmine
Jasmine Mijares (Questrom\u201923), Dumebi Onogwu (CAS\u201923), and Christian Hahm (Sargent\u201923) presented the Class of 2023\u2019s gift, to which nearly 2,500 new graduates contributed.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

A BOTTOMLESS CUP OF COMMUNITY Setting a record for the University, we closed FY2023 with […]<\/p>\n","protected":false},"author":12906,"featured_media":0,"parent":0,"menu_order":13,"comment_status":"closed","ping_status":"closed","template":"bu-landing","meta":[],"_links":{"self":[{"href":"https:\/\/ar.bu.edu\/2023\/wp-json\/wp\/v2\/pages\/110"}],"collection":[{"href":"https:\/\/ar.bu.edu\/2023\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ar.bu.edu\/2023\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ar.bu.edu\/2023\/wp-json\/wp\/v2\/users\/12906"}],"replies":[{"embeddable":true,"href":"https:\/\/ar.bu.edu\/2023\/wp-json\/wp\/v2\/comments?post=110"}],"version-history":[{"count":31,"href":"https:\/\/ar.bu.edu\/2023\/wp-json\/wp\/v2\/pages\/110\/revisions"}],"predecessor-version":[{"id":716,"href":"https:\/\/ar.bu.edu\/2023\/wp-json\/wp\/v2\/pages\/110\/revisions\/716"}],"wp:attachment":[{"href":"https:\/\/ar.bu.edu\/2023\/wp-json\/wp\/v2\/media?parent=110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}