Private support totaled $11,027,890 in 2010, with continued strong performance from foundations and corporations supporting teaching, research, and programs. Gifts from individuals, totaling $2,036,937, increased 17% from the previous year, and alumni giving totaled $531,808, a 37% increase from FY09. The Friends category of giving increased to $1,505,129, a nearly 12% increase from FY09. The UMass Boston endowment, now totaling $42,036,694, increased 14% from FY09.
Our Chancellor’s Council, composed of donors who make gifts of $1,000 or more annually, continues to grow—its members now number 254. Likewise, a growing group of donors have chosen to support the university through a planned-giving vehicle and our Lampas Society now has 49 members.
The university’s new Board of Visitors enthusiastically gathered for its first meeting in September 2010 and is expected to make vital contributions to resource development over the coming months and years. Similarly, advisory boards for the university’s colleges are forging community alliances to attain strategic goals related to student, faculty, and program support.