By Jason McLure
Published Jul 11, 2013
Participation rate of 70.5 percent nearly triple the average giving rate of peer institutions.
Tuck Annual Giving raised a record $6.3 million in the last fiscal year with 70.5 percent of alumni participating. This marks the third consecutive year more than 70 percent of alumni have contributed to the campaign, a figure nearly triple the average participation rate of nine peer business schools.
“The generosity of our alumni is unrivaled and enables us to provide a truly transformational experience to each and every one of our students,” said Dean Paul Danos. “Attaining a 70 percent participation rate for the third year in a row is an incredible accomplishment and is testimony to the enduring commitment of Tuck’s alumni.”
The effort topped the $5.7 million raised in 2012 and the previous record of $5.9 million in 2008. In total, 6,332 alumni participated in the campaign. Tuck Annual Giving provides about 8 percent of the school’s annual operating revenues and direct support for innovation. Achieving the 70 percent participation rate also triggered a $50,000 gift from an anonymous donor this June.
John Torget T’00, Tuck’s director of annual giving, development and alumni services, credited the efforts of more than 500 volunteers for the record-setting campaign. “Our model of bringing internationally-renowned faculty together with some of the world’s best business students in a tight-knit, intimate environment is unique,” Torget said. “The 70 percent giving rate is a beacon that shows how we do things in the MBA program really matters to those who have had the privilege to experience it.”