U N I V E R SI T Y O F SO U T H E R N C A L IF OR NIA
USC Viterbi School of Engineering
Fundraising Highlights “Destination: The Future” raised $304 million by mobilizing the support of a broad spectrum of Viterbi School constituencies—alumni, parents, friends, corporations, and foundations. Their enthusiastic response and the initiative’s steadily building momentum produced a substantial increase in the School’s endowment, and significantly elevated our academic programs and research activities. Cumulative fundraising during initiative:
350 $304 300
$273
250
DESTINATION:
$227
200
THE FUTURE
$162 Millions of Dollars
150 $107 100 50 0
Our Proud Name
$41 $18 2001–2002
2002–2003
2003–2004
2004–2005
2005–2006
2006–2007
2007–2008
Broad-based funding support: $1,000,000 + = 26 gifts
In 2004, Erna and Andrew J. Viterbi donated $52 million to the University of Southern California and bestowed their name on its school of engineering. Their record-setting gift accelerated the School’s momentum on all fronts. Its more subtle impact—on the School’s character, identity, and purpose—has been immeasurable.
The Anatomy of a Successful Fundraising Initiative
On September 29, 2008, Dr. Viterbi, who holds the USC Presidential Chair of Engineering, received the National Medal of Science, the nation’s highest honor for science and engineering, “for fundamental contributions to wireless technology.”
$50,000 to $999,999 = 170 gifts $10,000 to $49,000 = 887 gifts $1,000 to $9,999 = 1,460 gifts
wife and I believe our contribution here will do more to further engineering “ My and engineering education—goals we have supported through our entire 45-year
$1 to $999 = 21,489 gifts
marriage—than anywhere else. We are impressed by the extraordinary strides the School has taken and want that progress to continue and accelerate. Sources of funding:
17%
53% 30%
Endowment growth:
• • •
Major Naming Gifts: 53% ($160 million) Corporate Funding: 30% ($92 million) Alumni & Others: 17% ($52 million)
Activities funded:
• ACTUAL $190 million, representing 2/3 of total fundraising
Cash vs. pledges:
• • • • Research:
400
25%
250
Academic Departments: 25% ($77 million) School-wide: 24% ($74 million)
24%
300
19% ($58 million)
$221 Million (73%)
200 Millions of Dollars
32%
52666U.indd 1
• GOAL $150 million during the initiative
Student Support: 32% ($95 million)
19%
”
—ANDREW J. VITERBI, NAMING CEREMONY, MARCH 2, 2004
150 100 50 0
$83 Million (27%) Cash Received
Pledge Balances
OLIN HALL OF ENGINEERING 3650 MCCLINTOCK AVE, LOS ANGELES, CA 90089 PHONE 213.740.7832 FAX 213.740.8493 VITERBI.USC.EDU
2008
THE DEAN’S REPORT 9/30/08 12:09:34 PM