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BRIEF INSTITUTIONAL �ADVANCEMENT PRIMER�FOR OUR�FACULTY SENATE

Friday, February 18, 2022

Jeffrey Fischer-Smith

Vice President for Institutional Advancement

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Total of charitable contributions in 2020: $471.44 billion: +5% over 2019. Specifically, 2020 saw a 7.3% increase in the number of donors and a 10.6% increase in donations.
Giving in 2020 saw a sharp increase as compared to 2019. Galvanized by the racial justice protests and the coronavirus pandemic, charitable giving in the United States reached a record $471 billion in 2020.
The Giving USA report says Americans gave more to charity last year than in 2019, despite an economic downturn that disrupted the paychecks of millions. Faced with greater needs, estates and foundations also opened up their pocketbooks at increased levels — resulting in a 5.1% spike in total giving from the $448 billion recorded for 2019, or a 3.8% jump when adjusted for inflation.
According to the Giving USA 2020 Report, we saw an astounding $471 billion contributed to social good organizations during 2020, representing the highest amount ever recorded.

Giving by individuals, which made up a majority of the donations last year, rose by approximately 2%.
The biggest uptick came from foundations, who, in total, increased their giving by 17% for an estimated $88.5 billion in contributions. Those donations made up about 19% of the total share of contributions, the largest that has ever come from foundations.
By contrast, companies gave about 6% less in 2020 than they did in 2019, the report said. Experts note giving by corporations is closely tied to GDP and pre-tax profits, which both declined last year.
Una Osili, the associate dean for research and international programs at the Lilly School, says that’s partly because a large chunk of pandemic-related donations went to vaccine research and other direct services offered by university hospitals. Those donations were counted as educational gifts, which saw a 9% spike compared to 2019. That growth was further fueled by billionaire Mackenzie Scott’s unrestricted donations to historically Black colleges and Universities, tribal colleges and other schools.

CORPORATE GIVING

CORPORATE GIVING �@ SUNY OLD WESTBURY

FOUNDATION GIVING

FOUNDATION GIVING�@ SUNY OLD WESTBURY

INDIVIDUAL GIVING

THE TOP 7 REASONS �WHY INDIVIDUALS GIVE

THE #1 REASON �WHY INDIVIDUALS STOP GIVING

They don’t know how

their gift is being used.

INDIVIDUAL GIVING�@ SUNY OLD WESTBURY

WHAT WILL THE OUTCOME BE --�A CULTURE OF PHILANTHROPY �@ SUNY OLD WESTBURY

All staff are informed about the university’s activities.
Everyone shares in SUNY Old Westbury’s successes with one other.
Further, everyone fully understands the university's mission and cares about the university's success toward achieving its mission.
Staff and faculty understand they are all ambassadors representing the university.

THANK YOU!��QUESTIONS?

Friday, February 18, 2022

Jeffrey Fischer-Smith

Vice President for Institutional Advancement