News from Momentum2: The Breakthrough Campaign for the University of Miami
Spring 2013
C a m p a i g n A t t r a c t s M o r e T h a n $ 1 B i ll i o n i n D o n a t i o n s
Breakthrough Milestone Just ten months after its official launch in February 2012, the University of Miami’s Momentum2 campaign hit the $1 billion mark, putting the University on the fast track to reach the campaign’s fundraising goal of $1.6 billion in 2016. The University’s success fuels a cycle of prosperity and progress that fosters benefits throughout South Florida and beyond. In addition to yielding academic excellence and influential research breakthroughs, UM’s education, research, and clinical care activities generate a total annual impact of some $6.1 billion on the tri-county (Miami-Dade, Broward, Palm Beach) region.
The Buoniconti Fund to Cure Paralysis The fund’s generous gift of $60 million includes a newly announced increased commitment of an additional $20 million to support cutting-edge research at The Miami Project to Cure Paralysis. President Shalala at the campaign launch gala
C h a r i t y N av i g a t o r F o u r - S t a r R a t i n g For the 12th year in a row, the University of Miami has achieved Charity Navigator’s four-star rating for sound fiscal management and commitment to accountability and transparency—the highest score from one of the nation’s premier charity evaluators and a feat matched by fewer than 1 percent of the nation’s charities.
Diabetes Research Institute
Collaborating on a Cure
Camillo Ricordi, M.D., DRI scientific director
Diabetes, a devastating disease that affects some 25 million Americans, is a scientific puzzle. Solving that puzzle is what drives the dedicated investigators, collaborative teams, and pioneering initiatives of UM’s Diabetes Research
Leadership Giving Diabetes Research Institute Foundation This $100 million lead gift supports curefocused research at the Miller School of Medicine’s Diabetes Research Institute.
“ Our donors have made a choice to invest in the next great American university.” - President Donna E. Shalala
Star Quality
Building Momentum:
Institute (DRI). This Miller School of Medicine Center of Excellence is the nation’s most comprehensive research center dedicated to curing diabetes, and the nonprofit Diabetes Research Institute
Foundation has provided vital financial support for this quest. With its $100 million Momentum2 lead gift, the foundation’s total giving to the DRI reached $225 million, making it the single largest donor in the University’s history.
T h e S t o ry T h u s Fa r
Thanks to the generous support of donors like you, the Momentum2 campaign is already making a dramatic beneficial impact on the U.
$1.1 billion in donations / 111,975 donors / 139 donations of $1 million or more / 38 endowed scholarships to help attract star students / 18 endowed chairs and professorships to support recruitment of outstanding research faculty / 16 new and renovated facilities to advance sophisticated research and enhance the campus experience
Norton Herrick This gift of more than 3,500 rare films and television programs to the School of Communication is valued at $32 million. The Pap Corps: Champions for Cancer Research This $25 million gift supports cutting-edge research at the Sylvester Comprehensive Cancer Center. The Fairholme Foundation A $20 million gift for construction of the University’s magnificent new Student Activities Center was complemented by $4.8 million in additional campaign giving. Hussman Foundation This $20 million naming gift to the Miller School of Medicine’s Hussman Institute for Human Genomics, along with $3.2 million in additional support, fosters state-of-the-art research in conditions such as autism and Alzheimer’s. Directed by Margaret A. PericakVance, Ph.D., the institute has spearheaded influential discoveries such as the recent identification of a new gene associated with Alzheimer’s disease in African-Americans. Dr. Nasser Ibrahim Al-Rashid A $10 million gift from this prominent businessman and philanthropist established the Dr. Nasser Ibrahim Al-Rashid Orbital Vision Research Center at the Miller School of Medicine’s Bascom Palmer Eye Institute. Dr. Al-Rashid made additional Momentum2 gifts totaling $5.1 million to the Miller School. The Starr Foundation A generous $10 million gift, along with $300,000 in additional Momentum2 support, will speed the pipeline from discoveries to therapies for an array of medical diseases and conditions at the Miller School of Medicine’s Interdisciplinary Stem Cell Institute, led by Joshua Hare, M.D. The Dr. John T. Macdonald Foundation A leadership gift of $7.5 million from this loyal supporter of the University establishes UM’s collaborative Dr. John T. Macdonald Foundation Biomedical Nanotechnology Institute, along with an additional $5.2 million in Momentum2 support.