Leveraging Matching Funds for Faculty

Thanks to the generosity of the Class of 1968 Matching Fund and Stanford GSB Challenge Fund, alumni and friends could take advantage of the opportunity to make their gifts have even greater impact.

March 21, 2012

As a key strategic priority for Stanford GSB during the campaign, endowed support for faculty drives the school’s ability to recruit, recognize, and reward our faculty who are at the heart of our mission and reputation for excellence — and ultimately enables the faculty growth needed to meet the increasing demands brought on by ever-growing opportunities for curricular innovations, new research programs, and enhanced collaborations throughout the university.

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Faculty and students engaging in a lively class discussion at the GSB.

Faculty and students engaging in a lively class discussion at the GSB.

Thanks to the generosity of donors who established the Class of 1968 Matching Fund and Stanford GSB Challenge Fund, alumni and friends were able to take advantage of the opportunity to make their gifts have even greater impact. Given the significant catalyst of these matching funds to leverage new gifts, donors endowed more than 23 new match-eligible faculty funds. Taken together with the original matching funds and other gifts to support faculty, the school raised more than $96 million during the campaign in the form of professorships, faculty fellow and scholar awards, and named faculty funds.

The school will benefit significantly from a 53% increase in the number of endowed faculty positions, which includes more than twice the number of funds originally dedicated for junior faculty. This reinforces our capacity to recognize outstanding junior and senior faculty with named endowed positions and to broadly underwrite their research and teaching.

Innovation in teaching and research drives the transformational experience that we offer our students. The continued growth and development of our faculty powers the generation of new ideas, knowledge, and ways of imparting them. We are grateful to all who share our commitment to ensure that the Stanford GSB remains at the forefront of developing new insights and knowledge through our faculty.

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