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Private Giving to OU Tops $194 Million in FY2013

FOR IMMEDIATE RELEASE

kh/9-18-13

CONTACT: OU Public Affairs, (405) 325-1701

TULSA – University of Oklahoma President David L. Boren today announced that OU received more than $194 million in private gifts and gifts-in-kind in the 2013 fiscal year, marking one of the top two fundraising years in OU history.

This year’s figure is second only to the $200 million received in 2008 when a significant number of donors made major gifts to endowed faculty positions in the closing days of the State Regents Endowment Program one-to-one match for privately endowed faculty positions.

Boren said, “Especially in times of declining state support as a percentage of the university budget, private donations are critically important. These donors help to maintain our high standard of excellence, and, through scholarships, they keep the doors of opportunity open for students who need financial help. The entire OU family is deeply grateful. No university in America has more generous donors.”

Private giving totaled $194,258,280, increasing OU’s endowment to more than $1.24 billion, Boren said. Donors continued to provide major support in FY2013 for the top-priority Campaign for Scholarships, which now stands at approximately $230 million, including more than $180 million in endowed funds that will provide perpetual support for scholarships.

Along with the notable increase in overall giving, the number of private gifts rose to 53,065, an increase of 2,578 over last year. OU also received $45.2 million in corporate giving and $22.1 million in new pledges of support.

Additionally, the 2013 Campus Campaign topped more than $2 million. The campaign, included an increase in the number of faculty, staff and retirees participating, with a total of 2,083 donors on OU’s three campuses. Since it began in 1993, more than $29.7 million has been raised through the Campus Campaign.

Major capital projects receiving private gifts include Headington Hall, a multi-story residence hall on the Norman campus, which houses both students and student-athletes, and the Stuart Wing of the Fred Jones Jr. Museum of Art.

In addition, OU received private gifts for the renovation of the College of Dentistry building at the OU Health Sciences Center, which is part of the college’s $20 million Legacy Project capital campaign, the largest private fundraising effort in its history.

Last spring, the Delta Dental of Oklahoma Oral Health Foundation made a $3.2 million contribution, the largest single private gift ever to the college, toward the renovation.  Additionally, the Health Sciences Center administration and University Hospitals Authority and Trust have each provided $3.2 million to the project.

 2013  |  2012  |  2011

April 2014

Mary Cotter-Lalli Receives the 2014 Regents' Award for Superior Staff at OU Health Sciences Center

University of Oklahoma Students Achieve Perfect Grade-Point Average

OU Drama Achieves National Honors

University of Oklahoma Student Business Team Achieves Top Honors in International Competition

OU Commencement to Feature CEO and Co-Founder of Teach For All, Photo Highlights of Graduating Class and Music

Alan Velie Named 2014 Otis Sullivant Award Winner

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OU to Establish Premier Center for Judaic and Israel Studies with Grant from Schusterman Family Foundation

Three OU Students Receive Boren Awards for International Study

Sam Noble Oklahoma Museum of Natural History to be Awarded National Medal for Museum Service in White House Ceremony

Brad Burnett Receives the 2014 Regents' Award for Superior Staff

OU Designated Big 12 Conference Champion In EPA's College and University Green Power Challenge

OU Norman Campus Faculty Senate Adopts Resolution Against Guns on Campus

OU Licensing Department Achieves National Honors

2014 Staff Senate Awards Ceremony to be Held April 22

Five Outstanding Individuals to Receive Honorary Degrees at OU Commencement May 9

OU's Alexis Taitel Named Recipient of Truman Scholarship

2014 OU Staff Week to Include Daily Activities and Annual Awards Ceremony

OU History of Science Department Receives Sloan Foundation Grant to Build an Innovative Tool for Collaborative Research

OU Junior Rashid Campbell Wins Top Honors at National Debate Tournament

Norman Campus Provost Announces Intent to Resume Classroom Teaching; OU President David Boren to Recommend Kyle Harper as Interim Provost

OU President's Day of Learning Welcomes Back Alumni and Friends for its Second Year

University of Oklahoma Student Business Team Achieves Top Honor in National Competition

CEO and Co-Founder of Teach For All to Deliver OU Commencement Address

Liz Bergey Named Fulbright Alumni Ambassador

Akash Patel to Receive OU's Carl Albert Award

For requests for past releases, please contact OU Public Affairs at (405) 325-1701 or publicaffairs@ou.edu.