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¶¶MÅ®ÆÍ Foundation Raises $81.24 Million in Record-setting Year

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The ¶¶MÅ®ÆÍ Foundation (¶¶MÅ®ÆÍF) raised more than $81.24 million from more than 5,332 donors at the end of the 2022 fiscal year – the largest amount raised in the University’s history.

By kristine gobbo | 7/12/2022

The ¶¶MÅ®ÆÍ Foundation (¶¶MÅ®ÆÍF) raised more than $81.24 million from more than 5,332 donors at the end of the 2022 fiscal year – the largest amount raised in the University’s history. This total breaks the record of $57 million from the previous year and demonstrates a continued trajectory for growth. 

“¶¶MÅ®ÆÍ was founded on philanthropy, and that tradition has continued for more than 60 years,” said Chris Delisio, vice president of institutional advancement and CEO of ¶¶MÅ®ÆÍF. “This last fiscal year shows just how committed our friends, alumni and partners are to the mission and vision of the University.”

During this record-setting year, ¶¶MÅ®ÆÍ received the largest scholarship gift in its history. Announced in May, the University received an estate pledge of $28 million from John and Ann Wood to support scholarships for students enrolled in the Charles E. Schmidt College of Medicine. This is the largest known scholarship gift to a Florida public university’s medical school.

“At the university’s dedication ceremony in 1964, former U.S. President Lyndon B. Johnson declared that our goal must be to open the doors of higher education to all who can qualify,” said ¶¶MÅ®ÆÍ President John Kelly. “Thanks to generous gifts from our many supporters, Florida Atlantic is able to provide opportunities for talented, hard-working students to earn degrees, regardless of their background.”

¶¶MÅ®ÆÍ currently serves more than 30,000 undergraduate and graduate students across six campuses. In recent years, the University has doubled its research expenditures and outpaced its peers in student achievement rates. ¶¶MÅ®ÆÍ is highly ranked by U.S. News & World Report  for “Social Mobility” and a top degree producer for black and Hispanic students. ¶¶MÅ®ÆÍ is also consistently ranked as the most ethnically and culturally diverse institution in Florida’s State University System.

“¶¶MÅ®ÆÍ’s ever-increasing success is fueled by the generosity of our supporters,” said Steven Schmidt, ¶¶MÅ®ÆÍF board chair. “It is thanks to their philanthropy that the University is able to add and expand exciting experiences for learning, research, athletics and the arts and more.”

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Tags: community | foundation | faculty and staff | philanthropy | alumni

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