Haas Fund Posts Another Record-Breaking Year
July 13, 2013
Giving to Berkeley-Haas again reached unprecedented levels in fiscal year 2013, which ended June 30. More than 4,600 students, alumni, faculty, staff, and friends collectively gave more than $3.4 million in unrestricted gifts to the Haas Fund, setting a school record in annual unrestricted support.
Nearly 80 percent of this funding—$2.7 million—came from some 785 members of the Haas Leadership Society, a designation given to donors contributing more than $1,000 each year ($250 and $500 respectively for undergraduate and graduate students of the last five years).
A New Alumni Challenge, which matched donations from graduating students 2:1 and graduates of the last five years 1:1, brought in an additional $200,000. Including those funds, the total unrestricted support raised for Berkeley-Haas climbed to $3.6 million, surpassing the $3.5 million goal.
As for alumni support, approximately 4,000 (12 percent of the alumni population) contributed $3.1 million. Notably, giving among Berkeley-Columbia Executive MBA alumni hit record highs, with 19.8 percent of the program's alumni (the highest among any degree program this fiscal year) providing the school with just less than $93,000 in unrestricted support. This reflects a 5 percent increase in donors and 34 percent increase in revenue compared with last year, demonstrating Berkeley-Columbia alumni's loyal and generous support of Berkeley-Haas; the school's recently launched MBA for Executives Program; and their executive MBA network, which will continue to grow through the new MBA for Executives Program.
Students also achieved unparalleled giving results. The annual Senior Gift Campaign set records in overall participation (53 percent) as well as involvement among juniors, helping to raise a total of $32,194 for Haas. Graduating MBA students raised more than $100,000 for the school. Among MBA students, 71 percent of graduating full-time students and 43 percent of evening-and-weekend students participated.
Gifts to the Haas Fund will support faculty recruitment and retention; scholarships and fellowships for the brightest students; new labs and courses and the expansion of experiential learning programs; and services, events, and resources for alumni.