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The One Million Dreams Fund

 
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History and Importance of Class Gifts

MBA 08 peru

History

The Class Gift campaign was formalized in 1991 and has raised over $3.7 million for the School in its 15-year history. Past gifts have provided funds for fellowships, the Center for Global Business and the Economy, the Center for Entrepreneurial Studies, the Career Management Center, September Session Courses, and the Alumni Database.

The last three years of results are:

Class of 2007: $566,543 (including $125,000 of matching funds), 92% participation, flexible fund with guidance from the class

Class of 2006: $593,845 (including $116,000 of matching funds), 95% participation, service learning trips

Class of 2005: $407,321, 94% participation, CES and golf course tee stones

Importance

With the new curriculum for the Class of 2009, new programming needs have increased and require funding on an ad-hoc basis. While tuition will rise slightly, the actual cost of attending the Business School will increase significantly. Small seminar classes are four times as expensive as a 60-person class. The Business School Fund has provided the resources to launch innovations such as high-touch classes which have become integral to the MBA curriculum and serve as a model for components of the new curriculum. In previous years, the Business School Fund has supported: September Seminars, recruiting new faculty, multidisciplinary course development and support, tech support for instruction and teaching, and student Life activities such as study trips, conferences, and events. The One Million Dreams Fund will add to this legacy.

Stanford GSB Revenue

[chart] Stanford GSB budget

 

Stanford GSB relies upon alumni annual giving for 17% of its needs, vs. only 4% for HBS.

HBS Revenue

[chart] Harvard GSB budget