The University of Alabama’s Culverhouse College of Business is pleased to announce that Nick Foster will lead strategic fundraising activities as executive director of development.
Foster is already familiar with Culverhouse and UA’s mission and fundraising needs. He comes from UA’s Division of Advancement, where he was executive director of colleges and schools. In that role, he was responsible for establishing best practices, strategic direction, vision, and leadership for fundraising and constituent engagement for six of UA’s eleven colleges and schools.
“Nick is a natural fit for this highly-critical role and we know him well from his work elevating and accelerating the UA fundraising engine,” said Culverhouse Dean Kay Palan. “He is a team leader and a natural collaborator — I am simply excited to see how Nick will grow and sustain our College’s efforts.”
Foster’s arrival comes at an especially important juncture. The University of Alabama is in the middle of the $1.5B Rising Tide capital campaign, with $1.1B raised to date. Culverhouse itself is tasked with raising $200M and has already booked $124M from over 5,100 donors.
“It is an honor and a privilege to serve the Culverhouse College of Business as we seek to secure the College’s future with greater levels of philanthropy,” Foster said.
Foster explained his vision: “Private support will be critical for Culverhouse to thrive in the years ahead and will have a significant impact on advancing our vision to be recognized as a world-class business college where teacher-scholars and bright students engage in life-changing educational experiences.”
He has over ten years of experience working with individual, corporate, and foundation donors and is adept at building teams by developing people, processes, and systems to drive efficiencies and results.
Before his time at UA, he held fundraising positions at The University of Virginia, The University of Southern Mississippi, and The Learning Tree.
Foster immigrated to the US in 2008. He earned a bachelor’s degree in England from the University of Wolverhampton. He then went on to work in the music industry developing and producing a spectrum of events from live performances, festivals, marketing activations, and hospitality events on a global scale.