Boldly Brown: Campaign for Academic Enrichment

Campaign Surges Past $1.4 Billion Goal

In the face of the most difficult and challenging economic circumstances most of us have ever encountered, Boldly Brown: Campaign for Academic Enrichment met its $1.4 billion goal – nineteen months ahead of schedule! The campaign ended the fiscal year on a June 30 with $1.415 billion in gifts.

Highlights of this extraordinary year:

• While most of our peers saw dramatic declines in their cash gifts this year, Brown reported an 8.9 percent increase - and an all-time record: $193.45 million.
• The Brown Annual Fund finished the year with $34.99 million in gifts from 31,279 donors.
• The Brown University Sports Foundation surpassed its goal with $3.4 million in current-use gifts in support of Brown's athletics programs.
• Brown Medical School Annual Fund raised a record $780,000 this fiscal year.

Other good news:

• Non-alumni parents gave a record-breaking $6.2 million to the Annual Fund, making Brown's the largest parents annual fund in the Ivy League and, we believe, in the country.
• The Class of 2009 attained a participation rate of 74.8 percent, an all-time high for a senior class.
• The Alumni of Color Initiative raised $1.4 million in new gifts and pledges.
• International donors gave $35.3 million in new gifts and pledges.
• Corporations and foundations provided $19.4 million - a 6.5 percent increase over last year - including $3 million in endowed support for graduate fellowships.

The impact of your gifts:

These gifts from across the country and around the globe will enhance the academic environment on College Hill for students and faculty today and for years to come:

• More than 60 newly-endowed professorships created during the Campaign will help Brown recruit and retain its extraordinary faculty.
• Newly-endowed scholarship funds will sustain Brown’s dramatically expanded financial aid program. The percentage of undergraduates with no loans in their initial financial aid packages has increased from 6 percent in 2007-08 to 61 percent in 2008-09.
• New capital gifts are helping Brown renovate historic buildings such as Faunce and Rhode Island Hall, and construct new academic and athletic facilities.
• Gifts to the Brown Annual Fund provide the unrestricted resources necessary to move quickly and decisively toward ever-greater excellence.

Brown is experiencing unprecedented popularity: Applications increased nearly 21%, with 25,000 students seeking one of 1,485 places in the Class of 2013. Ninety-six percent of newly-accepted students were in the top 10 percent of their graduating classes.

We can say with confidence that Brown University will continue to be a source of pride for the Brown community everywhere.