KEEP - binghamton.edu · Steven H. Bloom ’78, LHD ’10 Chair, Binghamton University Foundation Board of Directors Harvey G. Stenger President, Binghamton University

BINGHAMTON UNIVERSITY FOUNDATION • 2016-17 ANNUAL REPORT

itKEEPGOING

Steven H. Bloom ’78, LHD ’10 Chair, Binghamton University Foundation

Board of Directors

Harvey G. StengerPresident, Binghamton University

The Binghamton University Foundation:

Partnering with you to advance Binghamton University

TOGETHERWE’RE

BETTER

HANK YOU. Last year, we issued you a challenge to

show your pride in Binghamton University by giving

back. Your response? Amazing.

Gift income to the Binghamton University Foundation

has nearly doubled in the past fiscal year, totaling

$17.9 million as of June 30, compared to $9.3 million

the same time a year ago, as more donors have joined

in to support our students, faculty, programs and entire

campus.

We appreciate everyone who stepped up and gave

generously to support all that makes Binghamton a

preeminent public university. Working together, our

supporters are helping us achieve great things.

The University and Foundation remain strong

partners, connecting donors’ philanthropic interests

with strategic priorities to advance our achievement,

impact and growth in such key areas as high-impact

learning experiences for students, faculty excellence,

facility enhancements and critical annual support for

the University’s greatest needs and school-specific

initiatives and programs.

We are ecstatic that in the past fiscal year, multiple

donors have made gifts of $1 million or more to advance

Binghamton. Their gifts are being used to support

students, faculty and facilities.

In addition, the

Binghamton Fund, our

annual giving program, had a

record-breaking year as donors, making gifts of all sizes,

increased their total support. Binghamton Fund gifts are

important because they give our deans and other campus

leaders flexibility and resources to take advantage of

strategic, University-enhancing opportunities as they arise.

Donors also are getting involved in our special giving

events, such as the Athletics Alumni Giving Challenge,

now in its second year. In these initiatives, the focus is on

participation, with the support going to specific groups or

programs on campus.

What does this all mean? Our University is better and

stronger than ever, thanks to what donors make possible.

Let’s keep it going. We look forward to sharing with you

next year how your giving is making a difference!

2 #BingPride

T

Steven H. Bloom, left, and Harvey G. Stenger at the Koffman Southern Tier Incubator

GIVING BY CONSTITUENCYThe Foundation’s fiscal year runs from July 1 to June 30.

DONORS TOTAL

Alumni 7,711 $5,708,496

Corporations/Organizations 340 $4,828,837

Faculty, Staff and Retirees 351 $954,026

Foundations 73 $2,973,077

Friends 1,668 $3,241,434

Parents 2,063 $198,435

Students 272 $4,239

TOTAL $17,908,544

GIVING BY GIFT TYPECash $14,103,067

Deferred $12,445

Gifts-in-Kind $2,847,657

Research Foundation Grants $945,375

TOTAL $17,908,544

EXPENDITURESFundraising $3,599,885

University Program Support, Student Aid,

Admissions, Other $13,499,835

Management and General $1,224,640

Binghamton University Forum $95,548

BU Foundation Housing Corp. $3,725

Southern Tier High Technology Incubator Inc. $381,260

BFSS LLC $275,318

TOTAL EXPENDITURES $19,080,211

$17,908,544 UP 92 PERCENT

TOTAL DOLLARS RAISED

We’ve increased support to campus by 18 percent! That’s

support for scholarships,

research opportunities,

academic programs and more.

$13,499,835SUPPORT TO CAMPUS

12,478

REVENUEUnrestricted Donations ** $2,638,894

Restricted Donations** $13,969,487

Other Income $884,437

Investment Income/Capital Gains $18,814,729

Contributed University Support $2,089,169

Accounting Services Income $1,723,948

Binghamton University Forum $99,498

BU Foundation Housing Corp. $2,237

Southern Tier High Technology Incubator Inc. $9,116,148

BFSS LLC $546,646

TOTAL REVENUE $49,885,193

**Includes pledge activity

INVESTMENT PORTFOLIO

FY

20

07-

08

$67

,80

8,17

3

FY

20

08

-09

$6

2,86

5,74

7

FY

20

09

-10

$72,

40

1,33

6

FY

20

10-1

1$

81,9

19,3

56

FY

20

11-1

2$

81,3

59,7

50

FY

20

12-1

3$

85,8

06

,70

2

FY

20

13-1

4$

101,

414

,229

FY

20

14-1

5

FY

20

16-1

7

FY

20

15-1

6

$137,153,265

$11

8,80

9,6

28

$11

6,4

87,0

53

SUPPORT TO CAMPUS

FY

20

07-

08

$5,

66

9,2

02

FY

20

08

-09

$6

,325

,933

FY

20

09

-10

$6

,69

9,3

87

FY

20

10-1

1$7

,94

4,12

5

FY

20

11-1

2$7

,713

,00

0

FY

20

12-1

3$

8,87

7,67

5

FY

20

13-1

4$

8,85

7,37

6

FY

20

14-1

5$

9,0

44

,536

FY

20

16-1

7

$13,499,835

FY

20

15-1

6$

11,4

74,9

28

#BingPride 3

TOTAL DONORS

At Binghamton, even first-

year students can collaborate

with faculty to conduct

path-breaking research. Our

Freshman Research Immersion

(FRI) program gives students

studying science, technology,

engineering or mathematics

opportunities to tackle global

issues in areas such as smart

energy, climate change,

neurodegenerative diseases

and more. FRI is the only

initiative of its kind in the

Northeast and just one of four

such programs in the U.S.

The world is our students’

classroom when they participate

in our education-abroad

programs, which enable students

to immerse themselves in

different cultures and countries,

develop their foreign-language

skills, gain new perspectives and

expand their global outlook.

Our students gain real-world,

outside-the-classroom

experience from meaningful

internship opportunities in a

variety of fields. Internships

enhance the educational

experience and create more

marketable and prepared

students, whether they

plan to pursue advanced

education or successful

careers.

Research immersion

HIGH-IMPACT LEARNING

EXPERIENCES

Hands-on internships

Education abroad

4 #BingPride

We know that excellent faculty

are the lifeblood of our University.

To support their success, we offer

endowed positions such as the

George Klir Professor in Systems

Science, which will aid in the

recruitment of an accomplished

scholar to campus who will build

on our groundbreaking work in this

field and enhance our prestige as a

premier university.

Our faculty strengthen Binghamton’s

excellence in knowledge, research,

innovation and collaboration, while

motivating students and fostering

their ability to pursue their passions.

Teaching and research that inspires

FACULTYEXCELLENCE

#BingPride 5

DONORS MAKE A GREAT EDUCATION POSSIBLE

STRATEGICUNIVERSITYINITIATIVES

Health Sciences Campus

Beyond our excellence in students, faculty and world-

class learning experiences, our campus spaces reflect

our commitment to being a prestigious premier

university, and we continue to make significant

investments to meet strategic priorities. Recent

enhancements include the development of our

Health Sciences Campus in Johnson City, opening

of our Smart Energy Building at our Innovative

Technologies Complex and additional classrooms in

academic buildings. The new Koffman Southern Tier

Incubator in downtown Binghamton, an affiliate of

the Binghamton University Foundation, also expands

our impact in the region as we work with business

startups and community partners to aid in economic

revitalization efforts.Koffman Southern Tier Incubator

Smart Energy Building

6 #BingPride

DONORS PROVIDE LIFE-CHANGING OPPORTUNITIES

Making a difference

Binghamton continues to get bigger and better, with growth in critical annual

support to the Binghamton Fund advancing the University. The Binghamton

Fund provides immediate and unrestricted resources for the University’s

most pressing needs and ensures that our individual schools and colleges,

art museum, performing arts center, libraries, Athletics Department, and

other key programs have flexible and essential support to take advantage of

strategic, University-enhancing opportunities as they arise.

Enhancing student success

BINGHAMTON FUND

#BingPride 7

GIFTS TO THE BINGHAMTON FUND

FY 2012-13

FY 2013-14

FY 2014-15

FY 2015-16

FY 2016-17

$1,

309

,358

$1,

472

,811

$1,

624

,99

0

$1,

730

,557

$1,822,267

TOTAL DONORS

FY 2012-13

FY 2013-14

FY 2014-15

FY 2015-16

FY 2016-17

12,12

6

12,3

60

11,6

99

12,478Binghamton Fund

11,3

55

9,3

91

8,81

8

9,6

20

9,0

84

9,0

14

17-525

JOIN US!

MAKE YOUR GIFT TODAY AT giving.binghamton.edu.