World record: two of every three Tuck alumni give back
FOR IMMEDIATE RELEASE—July 5, 2007
CONTACT: Kim Keating, 603-646-2733
HANOVER, N.H.—Alumni of the Tuck School of Business at Dartmouth set a new world record this year for their support of the school, as two in three alumni contributed to the Tuck Annual Giving campaign. In addition, 100 percent of the graduating class contributed towards their class gift.
For the 2006-07 year, 66.2 percent of all active Tuck alumni gave a financial contribution to the school. According to BusinessWeek, no other business school's rate of alumni giving even breaks 50 percent, and the majority of schools fall under 20 percent.
"This extraordinary support is a testament to the real value that our alumni continue to see in their Tuck education, throughout their entire lives," said Tuck Dean Paul Danos. "You'd be hard-pressed to find a better way of measuring alumni satisfaction with the education they received than by the percentage of alumni who financially contribute to their school. On this metric I'm proud to say that Tuck scores off the charts."
Tuck is well-known for an unusually active and tight-knit alumni network that extends around the globe. In addition to financial gifts to the school, Tuck alumni show their support by recruiting incoming students, by assisting with the career development and mentorship of new MBAs, and by maintaining ties with each other and with Tuck faculty who offer lifelong learning opportunities.
In fact, the unique strength of Tuck's alumni network is one of the key factors that attracts many prospective students to Tuck in the first place.
Even when compared with all colleges and universities—not just business schools—Tuck's alumni giving rate still edges out every other school surveyed. According to statistics gathered by U.S.News & World Report, the highest rates of alumni giving are 65 percent for any liberal arts college and 63 percent for any national university. Also notably, Tuck's rate of alumni giving has increased for several years in a row despite the national trend. According to the Council for Aid to Education's annual report on the subject, the total number of alumni donors fell this past year and the rate of alumni giving has been on the decline for years.
"This is not just a new Tuck record, but it also is the highest rate for any business school in the world and higher than any other college, university, or higher education institution that we've been able to identify," said Tuck Annual Giving and Alumni Services Director Dave Celone. "It really is remarkable, and we are deeply grateful to our alumni for their generous support."
Founded in 1900, Tuck is the first graduate school of management in the country and consistently ranks among the top business schools worldwide. Tuck remains distinctive among the world's great business schools by combining human scale with global reach, rigorous coursework with experiences requiring teamwork, and valued traditions with innovation.
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