Small Steps to Big Changes: Transforming the Culture of Your Foundation

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Presentation transcript:

Small Steps to Big Changes: Transforming the Culture of Your Foundation D. Michael Richey Vice President for Philanthropy

Transforming the Culture of Philanthropy at the University of Kentucky

A Brief Historical Look! 1966 UK Fellows Program Created 1969 UK Raised Over $1 Million from Private Support 1984-98 College Development Offices Organized

A Brief Historical Look! 1998-2007 First Capital Campaign $1.082 Billion 91 Endowed Chairs 250+ Professorships Endowment Growth (Presently $1.25 Billion)

A Brief Historical Look! 2009 University Wide Development Audit Never be satisfied with where you are! Understand the truth of where you are! $1.16 Billion (2007-2016)

A Brief Historical Look! 2011 Strategic White Paper Developed – Creating a New Culture of Philanthropy at UK

A Brief Historical Look! 2015 Office of Development becomes the Office of Philanthropy Brand = UK Philanthropy WHY?

UK Philanthropy Impact

UK Philanthropy Impact

Communicate Outcomes/Impact Points to Ponder Communicate Outcomes/Impact – Not just dollars – Not just donors/gifts – e.g. Gatton College of Business, Honors College, Student Center

Points to Ponder Create Momentum in your strategies The Principal Gift Program

UK Philanthropy Impact

Points to Ponder Be a Student of Leadership Be a Volunteer/Donor Take Calculated Risks Embrace Change Create a Culture of Success and Shared Vision

Points to Ponder Be Creative Impeccable Integrity Serve your Organization with Passion Take Time to Plan and Strategize Engage and Teach Others

ENJOY YOUR WORK “I believe in the University of Kentucky and Love It!”

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