Advancement Report 2016-2017

Investing in Excellence Best in class

ELIZABETH MITCHELL: Assistant Dean of Advancement, Pamplin College of Business

T he Pamplin College of Business is among the nation’s top business schools, nationally ranked in the top 25 for the master of information tech- nology (No. 2) that it runs together with the College of Engineering, MBA (No. 7), hos- pitality and tourismmanagement (No. 2), and accounting graduate and undergradu- ate programs (No. 21, No. 22, respectively); and in the top 50 for the overall business undergraduate program. The college turned in a very strong performance in fundraising during the past fiscal year. It reorganized its advance- ment office and increased its staff. Pamplin is more committed than ever to a world-class business education that also serves as a force for social good. It is committed to providing students with the breadth and depth of knowledge and skills they need to become innovative business leaders and productive contributors to society. And more than ever, it is looking to its alumni and friends to partner with Pamplin to realize its aspirations through thei support and service. We look forward to a historic and exciting year in college advancement. Fundraising The Pamplin College of Business raised $6.3 million in new gifts and commit- ments during fiscal year 2017, a 27 percent increase over fiscal year 2016’s $5 million. Total cash received was $11.7 mil- lion, a 75 percent increase over fiscal year 2016. Nearly half of it comprised realized bequests, in particular, a $5.4 million

Goals for Fiscal Year 2018 The college’s total goal for new gifts and commitments in fiscal year 2018 is $10 million (embedded in the 11 million goal). Our annual giving goal is $1.3 million, with 100 percent participation by the Pamplin Advisory Council and 17.4 percent partici- pation by all undergraduate alumni. The university’s total goal for new gifts and commitments in fiscal year 2018 is $135 million. In programming and engagement, Pamplin Advancement will focus on: ò ò Global Business and Analytics Complex cultivation/awareness events by region, industry, centers, and/or program areas ò ò Engaging development prospects for identified volunteer roles ò ò Recent alumni engagement to increase participation in both giving and in volunteer involvement ò ò Involving and highlighting the Pamplin Society in Pamplin regional events ò ò Onboarding of the real estate program in Pamplin ò ò National Capital Region to highlight Pamplin presence/expertise with Falls Church campus and GBAC awareness ò ò Undergraduate talent pipeline

distribution. Outright cash gifts comprised $4.2 million. Pledge payments are not in- cluded in the new gifts and commitments numbers. The university’s grand total for new gifts and commitments during fiscal year 2017 was a record-breaking $162 million, with $125 million in cash. Of particular note is the fact that Pamplin continues to lead all the col- leges at Virginia Tech in the philanthropic participation rates of its alumni. Pamplin even increased its participation rate in 2017 — 15.4 percent over 14.1 percent the previous year. The college and Pamplin Advisory Council members can also take pride in the fact that among the various advisory boards at Virginia Tech, the Pamplin Advi- sory Council is matched only by Moss Arts Partners in 100 percent giving by board members in 2017. Staffing The past year was a big year of change for the college’s advancement program, with the appointment of its first assistant dean for advancement in January to lead the unit, comprising development, com- munications, and alumni relations staff. A leadership gifts officer came on board in June. Pending positions that will be filled are those for a director of engagement and a development associate (both new posi- tions), as well as a senior director/ director of development (to replace a departing staff member).

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