University of Tampa has received one of the largest gifts in the school’s history from Howard and Patricia Jenkins. In honor of the donation, there will be a residence hall named after the Jenkins couple at the University of Tampa. The 11-story West Kennedy Hall, which was completed in August 2013 and houses 528 students will be re-named the Jenkins Hall.
Howard Jenkins, serves on the executive committee of University of Tampa’s Board of trustees and chairs the board’s planning committee. Mr. Jenkins also serves as the Chairman and President of Jenkins Clinic, Inc. He started his career with Publix Super Markets in 1966 and served as its CEO since 2001.
Patricia Jenkins founded Apollo Environmental Inc. ,which specializes in hazardous materials consulting and analysis, expert witness testimony and regulatory compliance.
Howard and Patricia Jenkins have made some significant impacts on so many cultural and educational areas in Tampa Bay, and University of Tampa is pleased to welcome the couple to the UT community according to the university president Ronald L. Vaughn.
For insight into the relationships which may have been the catalyst behind the gift, see this connections report from Prospect Visual to see who may have acted as an influencer for UT.
Eli and Edythe Broad of the eponymous College of Business at Michigan State University surprised and delighted students and officials alike last weekend with the announcement of a $25 million “challenge donation” to kickstart a $1.5 billion fundraising goal which the institution hopes to achieve by the end of 2018.
Eli Broad is the architect of two Fortune 500 companies – KB Home and SunAmerica – and is a long time friend of the school. His connection with the institution is obvious in the name of the Business school and confirmed by the relationship report below, provided by Prospect Visual.
Proof yet again that an organization’s largest donors tend to be those who have strong relationships with them.
If you’re interested in finding out which prospective donors are most likely to become your donors, use relationship mapping to investigate which ones have strong connections to your institution. Contact the Prospect Visual team for a free demo to find out more.
While perusing through the news reports today we came across this interesting item about a donation to Taylor University in eastern Indiana. The gift – a generous $4.26 million – came not from a single donor but from a group of alumni celebrating their 50-year reunion.
The university explained that the group had been planning to make this gift as a result of alumnus Ron Scott’s challenge to his classmates from 1964 to make a memorable gift to their former school to celebrate their reunion. Though Scott passed away last year, his peers took up his challenge and came through with their generous gift.
We think this is a heartwarming story that proves that the connection between graduates and their alma mater is very strong and – given the right set of circumstances – can be a powerful aid to any institution’s fundraising.
Over the weekend it was announced that Tampa based businessman and philanthropist Les Muma and his wife Pam, were to donate $25 million to the University of South Florida.
The gift is the largest individual gift in the school’s history and as a result the College of Business will be renamed as the USF Muma College of Business with immediate effect. .
Why did the Muma’s donate?
When looking into the reasons behind the couple’s incredible generosity towards USF, we were unsurprised to find that they had very strong links to the school.
Les Muma is an alumnus who graduated in 1966 and he and his wife have a past history of making donations to the school and are in fact (as a result of this most recent donation) the largest donors in the institution’s history. Les has even served as the the chart of the USF Foundation’s Board of Directors in the past.
With such strong connections to the school, it’s no wonder the Muma’s would choose USF to be a beneficiary of their charitable giving.
What USF did next…
USF have been quick to show their gratitude – recognizing the need to continue to nurture their relationships with their largest donors.
In a statement released by the University, USF Foundation CEO Joel Momberg said “Pam and Les Muma have a deep and real passion for the University of South Florida, its students and its faculty. This transformative gift for the USF College of Business exemplifies this, and in naming the Muma College of Business, we forever recognize this legacy of support.”
Please click here if you wish to view the official press release.
Cornell University has received a $50 million gift from a trust established by David Einhorn for its new Engaged Cornell initiative. The initiative is aimed at getting Cornell students to “become active citizens and to tackle critical challenges by participating in hands-on, practical learning experiences in communities at home and around the world,” the university explained in a statement.
Einhorn, an American hedge fund manager, who grew up in Wisconsin and graduated from Cornell University, is now the Chairman of Greenlight Capital. By getting Einhorn on board, Cornell hopes to attract other donors and raise another $150 million for the new initiative.
The report below, generated by Prospect Visual, gives us a glimpse into some of the relationships that exist between Einhorn and Cornell and gives us some insight into the reasons why the billionaire chose Cornell to be the beneficiary of his gift.
Do you want to know how relationship mapping can help you re-engage with lost and lapsed alumni? Watch the video to find out about a Prospect Visual customer was able to do just that.
If you want to get more details on how Pamela and her team re-connected with some great Prospects, click here to view the original post.
To contact us about Prospect Visual’s relationship mapping or alumni append services please use the form below.
After the excitement of two major donations from Hong Kong brothers and businessmen Gerald and Ronnie Chan to two US universities, we got to thinking about international donations in general and about Hong Kong in particular.
Well it seems we weren’t the only ones getting curious because the Wall Street Journal published an article a couple of days ago about just this topic. Take a look below to read a summary of the numbers their analysis revealed! (And if you want to take a look at the original article: click here)
International Donations to US Universities: A Summary
- Largest source of gifts to US colleges: Hong Kong
- Amount donated between Jan 2007 and Nov 2012: $181 million
- Hong Kong donations = 17% of total international donations to US Universities
- Beneficiaries of HK donations, ranked by amount received:
- Princeton University – $67.6 million
- Stanford University – $39.3 million
- UC Berkeley – $28.8 million
- Harvard – $19.6 million*
*Note: Harvard numbers do not include Gerald Chan’s recent $350m donation
So what does this all mean?
In a nutshell – it’s time for US colleges to make a concerted effort to identify and keep track of their connections to international alumni. A relationship mapping service such as Prospect Visual can be a great way to start.
Re-engaging Lost & Lapsed Alumni
Yesterday it was announced in the Memphis Business Journal that the estate of Patricia T. Ring, wife of the late Bob Ring, was to make a $1 million donation to the University of Memphis.
As regular readers will know, we love to look into the relationships behind philanthropic donations. Let’s start with Patricia Ring, who also passed away earlier this year. Her relationship with the school is evident in the fact that in January, the University of Memphis and Ring established the Ring Companies Chair which is to be awarded to distinguished scholars and teachers at UM’s engineering department.
Bob Ring, in whose honor this most recent gift was made was the founder of Ring Container Technologies, and his son Carl explained that ““For four decades, Ring Container Technologies has benefited from the support of the faculty, staff and graduates of the Herff College.” Carl Ring’s comments reveal that, aside from a rapport with the Ring family itself, the company also has close ties to the school.
A quick connections report run through Prospect Visual confirmed this by showing that the CFO and Executive Vice President of Ring Container Technologies, Tim Whalen, also has some strong connections to UM constituents through mutual roles at International Paper Co.
All this shows how important it is for universities to build and nurture relationships within their community. When connections such as these turn into the kind of relationship that the Ring family and Ring Cos. have with an institution, generous support and patronage becomes a natural part of the process.
It’s that time of the year again – a brand new intake of students are stepping into their classrooms and dorm rooms… And with them they’re bringing into the community – metaphorically of course! – their parents. For Development teams this can be an exciting yet daunting time. Parent giving is a crucial part of the development process and yet it can be a bit hit and miss.
Even if a new parent is identified as having the capacity to make a major gift, making the first approach can be difficult for a fundraiser. These parents after all, haven’t had the time to develop a sentimental connection with their children’s new schools.
But there’s still one more factor to consider… Relationships!
Relationships are the game changer you’ve been looking for. If a new parent has a connection to one of your institution’s existing donors, enlist their help to gain an introduction and suddenly it becomes almost two hundred times more likely that your new parent will be inclined to make a gift to your school.
So, if you want to identify the great new prospects hidden within your new parent pool – contact our team of relationship mapping experts at Prospect Visual now!