Giving is in the air, with the holidays just around the corner and last week’s news of a historic $261 million fundraising year at The University of Alabama as part of the $1.8 billion Rising Tide 2.0 Capital Campaign. But impressive giving is not limited to the University at large. Donor generosity to Culverhouse has defied all expectations this year, with 1,578 donors making gifts adding up to over $33 million.
Culverhouse Dean Kay Palan said, “I am extremely proud that so many people believe in our vision of being recognized as a world-class business college. Every gift, no matter the amount, is essential to our efforts to attract top faculty and enhance students’ classroom experience and access to career development programs.”
“We look forward to working with our alumni and friends to achieve even greater success in the future.”
Here are some highlights of this year’s giving:
- CES Gifts: There were 1,094 Culverhouse Executives Society gifts, with an amount totaling $282,809. These gifts serve as the annual fund for the College, ensuring that every Culverhouse student receives a superior and enriching education by funding programs and experiences that grow their professional skills, connect them with employers, and ultimately set them apart from their peers.
- Mouron Matching Gifts: Culverhouse claimed $4,037,000 from the Mouron Matching Gift Challenge, resulting in a $8,074,000 impact. Through the estate gift of $25 million, Mike and Kathy Mouron, co-chairs of the Rising Tide Capital Campaign, match endowed gifts dollar-for-dollar to encourage giving across the Capstone.
- Scholarships: Donors collectively contributed more than $22 million for scholarships. We have endowed 137 new scholarships during the Rising Tide Capital Campaign, further underscoring Culverhouse’s continued commitment to affordability.
- Internships and Experiences: Close to $8 million was given to support internships, experiential learning opportunities, and UA Business LEAD, Culverhouse’s unique professional development program for students.
Culverhouse Executive Director of Development Nick Foster said, “We are grateful for our community’s generosity and support. Loyal alumni, parents, students, faculty, staff, corporations, foundations, and friends united to advance what we value most: our mission to prepare the next generation of bold business leaders.”
“Our culture of philanthropy and engagement is integral to our community,” agreed Culverhouse Executive Director of External Relations Courtney Miller. “Every gift makes a difference to our ability to deliver an incredible business educational experience.”
Ready to join the Rising Tide 2.0 and support Culverhouse College of Business in its mission?