UMKC Foundation completes the university’s best fundraising year

43,240 gifts bring the record total to $65.6 million

 

Aug. 22, 2012

The UMKC Foundation set a record for funds raised – more than $65 million in the 2011-12 fiscal year. A total of 19,213 donors contributed to the foundation during the year ending June 30, 2012. The UMKC Foundation endowment grew to more than $24 million for the same period.

“The board of the UMKC Foundation continues to believe that the foundation is making a difference for UMKC. We want to thank alumni and friends for this record year,” said Alan Atterbury, chairman of the UMKC Foundation Board of Directors.

The foundation also reported a record number of 43,240 gifts for the fiscal year. Six gifts were $1 million or more. Henry and Marion Bloch gave more than $32 million – the largest outright gift in UMKC’s history – to the Henry W. Bloch School of Management to fund its state-of-the-art building for graduate and executive programs. Construction on the Henry W. Bloch Executive Hall for Entrepreneurship and Innovation is underway, with completion scheduled for August 2013.

“In three years, we have now surpassed the 50 percent mark for The Campaign for UMKC’s goal,” said Murray Blackwelder, president of the UMKC Foundation. To date, the campaign has raised  more than $126 million toward the $250 million goal. The campaign is a seven-year campaign.

Blackwelder said the record-breaking total is proof that the community recognizes the vital role that UMKC is being called upon to play in the future growth and development of Greater Kansas City, such as the “Big 5” initiatives of the Greater Kansas City Chamber of Commerce.

UMKC has goals next year to obtain funding for the following key projects:

  • University College – This will create an academic home with relevant support services for UMKC’s deciding students and those in transition, including transfer students, students changing majors and students wishing to complete a baccalaureate degree.
  • Center for Translational/Clinical Research for Urban Health – The interdisciplinary research center will translate research into practice, bringing promising discoveries from bench to bedside and producing new prevention and treatment options for patients.
  • Chemistry Lab Renovation – Because of increased enrollment, new labs are needed, as well as renovations to the existing ones. This will assist in preparing students to make an immediate impact as they begin their careers.
  • Dental Innovation Clinic – The clinic will allow students to build their clinical and business skills as they treat patients in a simulated dental practice setting. This will prepare UMKC’s future dentists with a full suite of skills and experience needed to succeed.
  • Prototype Facility – Regional industry, experienced entrepreneurs, research institutes and universities will collaborate to create a facility for budding and advanced entrepreneurs. This center – with laboratories and low-tech, hands-on equipment – will be an indispensable component toward our shared goal of building our reputation as “America’s Most Entrepreneurial City.”
  • Urban Education Research Center – The center will focus on conducting and disseminating research that addresses local issues, problems and questions in urban schools and communities with national applicability. This includes assessing effectiveness of the School of Education’s teacher preparation and community partnership innovations, using the findings to transform the educational system.

“Each gift we receive moves us closer to the strategic goals that were established for our university,” said Chancellor Leo E. Morton. “Our donors are committed to the continued quality education of our students and to UMKC, Kansas City’s university.”