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SECURING OUR FUTURE
In the previous issue of Pioneer, you may have read that the hope was to double the Pioneer Fund value by its second birthday. I’m delighted to say that this ambition has already been exceeded. Our new endowment fund, launched with a generous leading gift from alumnus David Kowitz (EAS83), has grown thanks to additional donations and has quickly reached the impressive sum of £2.3 million in just a single year.
“The past 12 months have been an establishment phase for the Pioneer Fund. Our investment advisors have begun carefully managing the money. We’re excited to start seeing returns in the coming months and years.
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“Next year, we celebrate 60 years since UEA was founded. This tremendous milestone reminds me that while it has taken us this long to establish an endowment, there is much potential awaiting us for the next 60 years. We are leaving a lasting philanthropic fund to support the future of the University.
“I would encourage any philanthropist interested in our pioneering research, teaching and scholarships to consider donating through the Pioneer Fund. It’s a simple yet effective way to multiply your impact and build the University’s resilience against evolving challenges and those yet to be identified.
“The Pioneer Fund will help us weather storms and maintain the pace of our significant advancements, even during difficult times. The past couple of years has shown us just how crucial financial resilience will be in years to come.
“Alongside UK donors and our generous alumni, my colleagues in the Development Office are in conversation with our worldwide community of philanthropists about the Pioneer Fund. UEA’s global credentials mean that we are attracting support from all over the globe, and I am delighted we are now able to welcome international giving to our endowment fund.
“My thanks to everyone who has given to the Pioneer Fund. I look forward to welcoming many more to the endowment in the coming months and years.”
Professor David Richardson Vice-Chancellor and President, University of East Anglia
