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BINGHAMTON UNIVERSITY FOUNDATION • 2016-17 ANNUAL REPORT
itKEEPGOING
Steven H. Bloom ’78, LHD ’10 Chair, Binghamton University Foundation
Board of Directors
Harvey G. StengerPresident, Binghamton University
The Binghamton University Foundation:
Partnering with you to advance Binghamton University
TOGETHERWE’RE
BETTER
HANK YOU. Last year, we issued you a challenge to
show your pride in Binghamton University by giving
back. Your response? Amazing.
Gift income to the Binghamton University Foundation
has nearly doubled in the past fiscal year, totaling
$17.9 million as of June 30, compared to $9.3 million
the same time a year ago, as more donors have joined
in to support our students, faculty, programs and entire
campus.
We appreciate everyone who stepped up and gave
generously to support all that makes Binghamton a
preeminent public university. Working together, our
supporters are helping us achieve great things.
The University and Foundation remain strong
partners, connecting donors’ philanthropic interests
with strategic priorities to advance our achievement,
impact and growth in such key areas as high-impact
learning experiences for students, faculty excellence,
facility enhancements and critical annual support for
the University’s greatest needs and school-specific
initiatives and programs.
We are ecstatic that in the past fiscal year, multiple
donors have made gifts of $1 million or more to advance
Binghamton. Their gifts are being used to support
students, faculty and facilities.
In addition, the
Binghamton Fund, our
annual giving program, had a
record-breaking year as donors, making gifts of all sizes,
increased their total support. Binghamton Fund gifts are
important because they give our deans and other campus
leaders flexibility and resources to take advantage of
strategic, University-enhancing opportunities as they arise.
Donors also are getting involved in our special giving
events, such as the Athletics Alumni Giving Challenge,
now in its second year. In these initiatives, the focus is on
participation, with the support going to specific groups or
programs on campus.
What does this all mean? Our University is better and
stronger than ever, thanks to what donors make possible.
Let’s keep it going. We look forward to sharing with you
next year how your giving is making a difference!
2 #BingPride
T
Steven H. Bloom, left, and Harvey G. Stenger at the Koffman Southern Tier Incubator
GIVING BY CONSTITUENCYThe Foundation’s fiscal year runs from July 1 to June 30.
DONORS TOTAL
Alumni 7,711 $5,708,496
Corporations/Organizations 340 $4,828,837
Faculty, Staff and Retirees 351 $954,026
Foundations 73 $2,973,077
Friends 1,668 $3,241,434
Parents 2,063 $198,435
Students 272 $4,239
TOTAL $17,908,544
GIVING BY GIFT TYPECash $14,103,067
Deferred $12,445
Gifts-in-Kind $2,847,657
Research Foundation Grants $945,375
TOTAL $17,908,544
EXPENDITURESFundraising $3,599,885
University Program Support, Student Aid,
Admissions, Other $13,499,835
Management and General $1,224,640
Binghamton University Forum $95,548
BU Foundation Housing Corp. $3,725
Southern Tier High Technology Incubator Inc. $381,260
BFSS LLC $275,318
TOTAL EXPENDITURES $19,080,211
$17,908,544 UP 92 PERCENT
TOTAL DOLLARS RAISED
We’ve increased support to campus by 18 percent! That’s
support for scholarships,
research opportunities,
academic programs and more.
$13,499,835SUPPORT TO CAMPUS
12,478
REVENUEUnrestricted Donations ** $2,638,894
Restricted Donations** $13,969,487
Other Income $884,437
Investment Income/Capital Gains $18,814,729
Contributed University Support $2,089,169
Accounting Services Income $1,723,948
Binghamton University Forum $99,498
BU Foundation Housing Corp. $2,237
Southern Tier High Technology Incubator Inc. $9,116,148
BFSS LLC $546,646
TOTAL REVENUE $49,885,193
**Includes pledge activity
INVESTMENT PORTFOLIO
FY
20
07-
08
$67
,80
8,17
3
FY
20
08
-09
$6
2,86
5,74
7
FY
20
09
-10
$72,
40
1,33
6
FY
20
10-1
1$
81,9
19,3
56
FY
20
11-1
2$
81,3
59,7
50
FY
20
12-1
3$
85,8
06
,70
2
FY
20
13-1
4$
101,
414
,229
FY
20
14-1
5
FY
20
16-1
7
FY
20
15-1
6
$137,153,265
$11
8,80
9,6
28
$11
6,4
87,0
53
SUPPORT TO CAMPUS
FY
20
07-
08
$5,
66
9,2
02
FY
20
08
-09
$6
,325
,933
FY
20
09
-10
$6
,69
9,3
87
FY
20
10-1
1$7
,94
4,12
5
FY
20
11-1
2$7
,713
,00
0
FY
20
12-1
3$
8,87
7,67
5
FY
20
13-1
4$
8,85
7,37
6
FY
20
14-1
5$
9,0
44
,536
FY
20
16-1
7
$13,499,835
FY
20
15-1
6$
11,4
74,9
28
#BingPride 3
TOTAL DONORS
At Binghamton, even first-
year students can collaborate
with faculty to conduct
path-breaking research. Our
Freshman Research Immersion
(FRI) program gives students
studying science, technology,
engineering or mathematics
opportunities to tackle global
issues in areas such as smart
energy, climate change,
neurodegenerative diseases
and more. FRI is the only
initiative of its kind in the
Northeast and just one of four
such programs in the U.S.
The world is our students’
classroom when they participate
in our education-abroad
programs, which enable students
to immerse themselves in
different cultures and countries,
develop their foreign-language
skills, gain new perspectives and
expand their global outlook.
Our students gain real-world,
outside-the-classroom
experience from meaningful
internship opportunities in a
variety of fields. Internships
enhance the educational
experience and create more
marketable and prepared
students, whether they
plan to pursue advanced
education or successful
careers.
Research immersion
HIGH-IMPACT LEARNING
EXPERIENCES
Hands-on internships
Education abroad
4 #BingPride
We know that excellent faculty
are the lifeblood of our University.
To support their success, we offer
endowed positions such as the
George Klir Professor in Systems
Science, which will aid in the
recruitment of an accomplished
scholar to campus who will build
on our groundbreaking work in this
field and enhance our prestige as a
premier university.
Our faculty strengthen Binghamton’s
excellence in knowledge, research,
innovation and collaboration, while
motivating students and fostering
their ability to pursue their passions.
Teaching and research that inspires
FACULTYEXCELLENCE
#BingPride 5
DONORS MAKE A GREAT EDUCATION POSSIBLE
STRATEGICUNIVERSITYINITIATIVES
Health Sciences Campus
Beyond our excellence in students, faculty and world-
class learning experiences, our campus spaces reflect
our commitment to being a prestigious premier
university, and we continue to make significant
investments to meet strategic priorities. Recent
enhancements include the development of our
Health Sciences Campus in Johnson City, opening
of our Smart Energy Building at our Innovative
Technologies Complex and additional classrooms in
academic buildings. The new Koffman Southern Tier
Incubator in downtown Binghamton, an affiliate of
the Binghamton University Foundation, also expands
our impact in the region as we work with business
startups and community partners to aid in economic
revitalization efforts.Koffman Southern Tier Incubator
Smart Energy Building
6 #BingPride
DONORS PROVIDE LIFE-CHANGING OPPORTUNITIES
Making a difference
Binghamton continues to get bigger and better, with growth in critical annual
support to the Binghamton Fund advancing the University. The Binghamton
Fund provides immediate and unrestricted resources for the University’s
most pressing needs and ensures that our individual schools and colleges,
art museum, performing arts center, libraries, Athletics Department, and
other key programs have flexible and essential support to take advantage of
strategic, University-enhancing opportunities as they arise.
Enhancing student success
BINGHAMTON FUND
#BingPride 7
GIFTS TO THE BINGHAMTON FUND
FY 2012-13
FY 2013-14
FY 2014-15
FY 2015-16
FY 2016-17
$1,
309
,358
$1,
472
,811
$1,
624
,99
0
$1,
730
,557
$1,822,267
TOTAL DONORS
FY 2012-13
FY 2013-14
FY 2014-15
FY 2015-16
FY 2016-17
12,12
6
12,3
60
11,6
99
12,478Binghamton Fund
11,3
55
9,3
91
8,81
8
9,6
20
9,0
84
9,0
14
17-525
JOIN US!
MAKE YOUR GIFT TODAY AT giving.binghamton.edu.
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