Contributing to the year-end giving total was a $52.1 million anonymous gift, the largest pledge commitment in Tuck’s history, as well as a record-tying $9 million raised for Tuck Annual Giving (TAG).
The Tuck School of Business at Dartmouth raised $79.2 million in fiscal year 2022, exceeding the previous school record of $51.3 million raised in 2018. This year’s total includes a $52.1 million anonymous gift, the largest pledge commitment in school history, and a record-tying $9 million for Tuck Annual Giving (TAG).
In January, Tuck announced surpassing the $250 million goal set at the start of The Tuck Difference campaign. Thanks to the abundant generosity of alumni and friends during FY22, Tuck’s comprehensive campaign total has now exceeded $314 million.
“The support and generosity of alumni and friends throughout the campaign has been truly extraordinary,” says Dean Matthew J. Slaughter. “The success of our campaign underscores the profound resonance of our mission and strong belief in the wise, decisive leaders that Tuck develops.”
The $52.1 million anonymous gift will fund a recurring Dartmouth-wide summit that convenes students, scholars, and global leaders to address issues impacting health, wealth, and sustainability throughout the world. Planning for the inaugural summit is underway, with details to be announced in the new academic year.
It is inspiring to witness how many Tuck alumni consistently and generously give back to the school. Our alumni are second to none and their support is deeply felt across Tuck.
During this past fiscal year, the school also announced two transformative gifts to Tuck centers. Daniel T’89 and Katy Revers pledged a $4.5 million gift to the renamed Revers Center for Energy, Sustainability, and Innovation. The couple has now committed a total of $10 million in gifts to the Center, fueling initiatives that aim to solve energy and sustainability challenges through business innovation.
A $4.5 million gift from Warren C. “Renny” Smith Jr. T’83 will support the Tuck Center for Private Equity and Venture Capital (CPEVC). The endowed gift includes a promise to match up to an additional $4.5 million in endowed gifts to the CPEVC made before June 30, 2023.
“In addition to our remarkable alumni, much is owed to the leadership and creativity of Punam Keller whose tremendous energy, drive, and marketing skills enhanced our philanthropic efforts during her tenure as Senior Associate Dean for Advancement and Tuck-Dartmouth Programs,” says Slaughter. “These recent gifts and campaign milestones reflect her impact and tireless dedication to the Tuck School.”
Other seven-figure gifts received in FY22 include an anonymous $2 million endowed gift, half of which will fund Tuck DEI initiatives as well as scholarships for first-generation, low-income (FGLI) college students who participate in the Tuck Business Bridge Program. The remaining $1 million will support new MBA scholarships for FGLI students. A $1 million gift from Karyn D’87, T’91 and Lawrence Calcano T’90 will provide endowed funding for mental health resources, including counseling and programmatic offerings.
Our post-pandemic world will need more Tuck, more of the knowledge we create and the leaders that we develop.
—Dean Matthew J. Slaughter
The more than $9 million raised for TAG matches its previous record-setting total from FY21. Sixty-one percent of alumni made a TAG gift in FY22. To date, The Tuck Difference campaign has received combined support from more than 81 percent of alumni.
“It is inspiring to witness how many Tuck alumni consistently and generously give back to the school,” says Director of Tuck Annual Giving Heather Ermarth. “Our alumni are second to none and their support is deeply felt across Tuck.”
During the new fiscal year, Tuck will continue to pursue investments in its three campaign priorities: Expanding Access to Business Education, Building Capabilities of Tomorrow’s Leaders, and Guiding Career Journeys. Within these three priorities, the school is specifically targeting support for student scholarships, faculty learning and development, and Tuck Alumni Lifelong Learning (TALL).
“Our post-pandemic world will need more Tuck, more of the knowledge we create and the leaders that we develop,” says Slaughter. “The investments we are making, and the accomplishments of our campaign thus far put our school and community in a much better position for the future and have strengthened our pursuit of offering the world’s best MBA experience.”