Fund Raising
The Office of Development coordinates the health science center’s
private fund raising activities and is committed to building a model
development program to support present and anticipated needs. The development
program is balanced by a centralized major individual and planned gifts
program (gifts of $100,000+), an unrestricted annual giving program,
a corporate and foundation relations program, a prospect research program,
a gift processing and acknowledgment program and a special projects/board
relations program. All initiatives are designed to communicate effectively
the priorities of the institution to all constituencies and to establish
relationships that will fulfill the philanthropic objectives of donors
to establish endowments, construct and equip buildings, provide scholarships/fellowships
and support research and clinical programs.
Major Priority Areas for Private-Sector Support
For fiscal years 2000-2004, the health science center’s major fund
raising priority has been the New Frontiers campaign, a $200 million
effort to build a new home for the Brown Foundation Institute of Molecular
Medicine for the Prevention of Human Diseases and to retain and recruit
the top scientists in the world. That campaign is nearing completion.
A new University campaign is now anticipated that may be announced in
mid 2005.
Fund Raising Effectiveness
Fund raising supports the health science center’s faculty as well
as its education, research, collaboration and disease prevention mission.
In terms of fund raising effectiveness, for FY 2004, cash gifts (new
cash gifts and pledge payments) totaled $35 million. In terms of new
cash gifts and new pledge commitments, the FY 2004 total was $51 million,
the second-highest total in institutional history. The cost to raise
one dollar was 6.6 cents.