Goal 7: A stronger revenue base

The fiscal climate for educational institutions has never been more challenging, as public universities face declining state and federal appropriation and increased competition for private gifts. As part of First in 2009, Miami is bringing new approaches to its fundraising efforts. We have reorganized the University Advancement Division, restructured the Foundation Board of Trustees, overhauled the alumni association, revitalized numerous alumni chapters, expanded and reinvigorated Alumni Weekend, instituted a senior-class giving program, and refocussed and added other opportunities for involvement by alumni and others in the university's progress.

Accomplishments

• Capital Campaign Launched - On April 9, 2005, Miami publicly launched an ambitious capital campaign with an anticipated goal of $350 million by 2007. Although still early in its process, the campaign has already received over $225 million in commitments.
• Annual Winter College Instituted - Beginning in 2004, Miami began offering highly successful annual winter colleges for Miami alumni in Florida. These dynamic weekends of educational workshops, inspiring lectures and vigorous discussion feature some of the University's most talented faculty.
• Major Gifts Secured – In the past year, University Advancement has spearheaded record amounts of large gifts, including $30 million for the Richard T. Farmer School of Business facilities, over $10 million in student scholarships, and $10 million for the John T. Petters Center for Leadership, Ethics and Skills Development.