Annual Report of Giving to Yale 2020–2021
$1.180B
Commitments
$738.5M
Cash
43,868
Donors
2,900
Volunteers
“Yale’s alumni, parents, and friends gave at an all-time high this year. Because of your generosity, the For Humanity campaign is off to a tremendous start, ensuring that exceptional students and faculty have every opportunity to improve our world for all. Thank you for making this a historic year at Yale.”
—President Peter Salovey ’86 PhD
For Humanity: The Yale Campaign
This fall, Yale launched its most ambitious fundraising campaign to date. By making bold investments for the greatest impact, For Humanity will empower students and faculty members to tackle the world’s most critical challenges. Our highest aspirations for the future of this great university rest on a shared commitment: that by harnessing the boundless potential of human ingenuity, together we can bring light and truth to a world in need of both.
Leading up to the public launch of the For Humanity campaign, generous donors contributed $3.5 billion to the campaign’s nucleus fund. In the coming years, we will build on this solid foundation across the university to advance all disciplines for breakthroughs, for insight, for impact, and for a better world.
Yale University’s strengths in neuroscience were catapulted to new heights this year when Joseph Tsai ’86, ’90 JD and Clara Wu Tsai made a historic gift to launch the Wu Tsai Institute, a singular research enterprise dedicated to the study of human cognition. At the Wu Tsai Institute, Yale’s world-renowned researchers across the psychological, biological, and computational sciences will come together under one roof to uncover new ideas and insights into our minds. “The world’s great universities are built to pursue consequential questions, and nothing is more foundational than understanding the mystery of the human brain,” says Joseph Tsai. “Clara and I believe that Yale has the right combination of people, resources, and collaborative culture to lead to a better understanding of this big question.”
Yale’s drama school received the largest gift in the history of American theater, thanks to David Geffen. As a result, drama students will no longer need to pay tuition to attend the David Geffen School of Drama at Yale University. Geffen’s generosity positions the school as the only dramatic arts institution of its kind to be tuition free. “Removing the tuition barrier will allow an even greater diversity of talented people to develop and hone their skills in front of, on, and behind Yale’s stages,” reflects Geffen. “I hope this gift will inspire others to support similar efforts to increase accessibility and affordability for arts education at colleges and universities across the country.”
Earth’s rapidly accelerating climate and biodiversity crises call for bold solutions. The Yale Center for Natural Carbon Capture, established with a landmark gift from FedEx, will focus on reducing atmospheric carbon to establish a healthier planet for all. Central to the university’s Planetary Solutions Project, the center will support researchers from an array of fields to facilitate critical work aimed at developing new methods for capturing carbon based on the earth’s natural processes. “At FedEx, we have a responsibility to take action in addressing climate change,” says Frederick Smith ’66, the company’s founder, chairman, and CEO. “Yale has a deep reservoir of expertise and researchers working on this shared problem, which makes it the ideal place for this important work.”
The global pandemic, accelerating climate crisis, and other existential challenges demand new and inventive approaches to safeguard our planet’s future. Donors have answered this call, supporting such initiatives as the Yale Program on Climate Change Communication and the Yale Sustainable Food Program. They are also helping to ensure that scientists can continue to make progress against COVID-19, while remaining vigilant against other global outbreaks with gifts to the Rapid Response Fund.
This year, Yale committed to reaching net-zero carbon emissions by 2035 and achieving zero actual carbon emissions by 2050. In addition to the Center for Natural Carbon Capture, another significant project, the Living Village at Yale Divinity School, will help the university to achieve this goal. Building on a foundational gift from Carol Bauer and George Bauer, additional alumni and friends pledged their support this year for the complex, which will bear a zero-carbon footprint. Constructed entirely of recycled and environmentally friendly materials, the Living Village will also collect and refine its water on site, handle waste, produce solar electricity, and supply surplus power to the Sterling Divinity Quadrangle.
Yale is committed to the principles of diversity, equity, inclusion, and belonging (DEIB). Our alumni, parents, and friends help to accelerate work in these critical areas, championing initiatives that build and sustain community, deepen understanding, and bridge the gap between perceived differences.
Many of Yale’s professional schools, including architecture, law, and management, have set up funds to advance DEIB initiatives, and donor support is helping to further their work. Unrestricted gifts to the graduate and professional schools’ alumni and annual funds also support equity in access and education across the university.
In Yale College, cultural centers have for decades served as social hubs for students of various ethnicities and backgrounds. This year, donors celebrated the fortieth anniversary of the Asian American Cultural Center by giving to the Dean Mary Li Hsu Discretionary Fund. The fund, named for the center’s first director, will support first-generation, low-income Asian and Asian American students at Yale.
Donor contributions also help our students promote equity in the wider world. Support for the Yale Law School’s Worker and Immigrant Rights Advocacy Clinic, for example, enables actions like the representation of Latino pallet workers seeking better working conditions and the examination of COVID-19’s impact on Connecticut’s nursing home workers and residents. And at the School of Medicine, several donors supported the school’s Cultural Ambassadors Program, which links its investigators to local resources that advance health equity and access in the community.
$304.9M
Commitments to support
financial aid across Yale
$283.1M
Directed to endowed
scholarships and fellowships
$20.3M
Given to be spent immediately
to support students
Alumni, parents, and friends came together once more this year to support a thriving undergraduate community.
In the Yale College Class of 2025, 51 percent identify as students of color, and 16 percent are the first in their families to attend college. For many first-generation, low-income (FGLI) students, the First-Year Scholars at Yale program provides the roadmap for living and learning on campus, while connecting them to the peers and resources that enrich their college years. Throughout the academic year, Yale College Safety Net helped students who encountered emergency expenses, such as medical care, technology support, and warm clothing. And summer work and study awards were restructured to ensure that both domestic and international students could afford to take advantage of pivotal learning and internship opportunities. These crucial programs were made possible by contributions of all sizes to the Yale College Alumni Fund and gifts to endowed funds.
“Yale really supports students like me who want to go abroad. It’s a great gift to be able to take advantage of these resources and learn as much as I can.... One of the greatest things I’ve learned is that exploring any combination of your interests, regardless of how distinct or ‘niche,’ is valuable. Being at Yale means you can be anything you want to be.”
—Endure McTier SY ’22
Mental health and wellbeing are crucial to students’ success; about 60 percent of students seek such services at least once during their time at Yale. Generous gifts from Carla Solomon ’75 and Antonio Magliocco, Jr. ’74 and other donors have addressed this critical need, launching Yale College Community Care, or YC3. With offices in the residential colleges, YC3 clinicians and specialists offer students convenient and consistent access to care, helping to manage their stress, foster resilience, and prevent crises.
Each year, thousands of promising students come to Yale to fulfill their biggest dreams and learn how to make our world a better place. An affordable education is vital to their success. Gifts to financial aid help students enroll in the program of their choice, explore every opportunity, and earn their degrees without concern for cost. From annual gifts of $25 for student support to endowments funding scholarships and fellowships in perpetuity, every contribution made a difference.
In 2020–2021, alumni, parents, friends, and organizations generously contributed so that Yale could get even closer to achieving this goal. From annual gifts of $25 for student support to endowments funding scholarships and fellowships in perpetuity, every contribution made a difference.
Yale College offers one of the nation’s most generous financial aid packages, meeting the full demonstrated need of every student. Families earning less than $75,000 are not expected to contribute to the cost of their child’s Yale education. Gifts to financial aid make this possible.
At the Graduate School, donor-funded fellowships helped students investigate their biggest questions, collaborating with peers and mentors across fields to identify new avenues of inquiry. Stipends and grants ensured the door to Yale remained open, reducing unnecessary barriers to successful study and research.
And in the professional schools, donor support continued to make it possible for students to achieve their highest goals and aspirations. With lower loan amounts, students could more freely pursue their preferred interests and industries without having to factor in debt or career compensation.
“Yale scholarships are incredibly important. Without a scholarship, I would not be able to call myself a Bulldog, nor would I have crossed paths with the many people I’ve been lucky enough to call my friends here.”
—Cade Brown SY ’23
“I’m a firm believer that it’s part of our job as researchers to contribute where we can to societal problems, like COVID-19. With my background and interests, I’m in a unique position to help. The support of donors allows us to do these cutting-edge things. Yale is one of the few places where this work can happen.”
—Alessandro Zulli ’26 PhD, Graduate School of Arts and Sciences
“Receiving financial support to pursue my dream career at a prestigious university is both humbling and motivating. I feel fortunate that individuals and institutions have chosen to invest in my education and development. I hope to pay this spirit of giving forward in whatever way possible as I progress in my career.”
—Rachel Romero ’22 MSN, School of Nursing
Annual Giving
“Yale has been a pivotal part of my life and the success I’ve enjoyed since graduating. Alumni support made a difference for me and all students when I was on campus, as it does now. As a volunteer leader, I am proud to help ensure that this important tradition continues.” —Marla Grossman ’90, P ’25, Alumni Fund Board of Directors chair
Over 33,000 donors from fifty US states and ninety countries made annual gifts totaling $24.6 million to the Yale Alumni Fund, which supports excellence in education, student life, teaching, and so much more. Several of the graduate and professional schools saw their alumni break new annual giving records, including the Graduate School of Arts and Sciences, the School of the Environment, the School of Nursing, the School of Public Health, and the Yale School of Management. And in Yale College, the Yale Leads for Students fall challenge raised $1.6 million from more than 2,000 donors for financial aid and student support. They join the thousands of alumni who supported faculty, facilities, athletics, and the university’s needs throughout the year.
Annual giving to Yale will play an important role in the university’s For Humanity campaign. To date, Yale has confirmed $140 million from 150,000 gifts toward its campaign target of $350 million from 350,000 gifts by 2026.
Parent Giving
“Over the past year, we have been delighted to see the creativity, resilience, and generosity parents have shown in supporting Yale College and all of our students. We are honored to be part of this special community, and we look forward to working together in the ‘bright college years’ ahead.”
—Bonnie Siegel and Ira Siegel P ’15, P ’23, Parents Annual Fund chairs
Even as the pandemic continued, Yale parents contributed $23 million in new commitments and $25 million in cash to add to the university’s historic fundraising year. Countless students, faculty, staff, and community members will benefit significantly from their generosity. Major gifts from non-alumni parents include support for financial aid, the humanities, First-Year Scholars at Yale, cancer research at the School of Medicine, the Peabody Museum of Natural History, the Yale Schwarzman Center, and more.
This year, the Yale Parents Annual Fund also raised $4.2 million from non-alumni and alumni parents. An essential resource, the Parents Fund ensures that Dean Marvin Chun and his team can deliver the programming and resources that make the Yale College experience truly unique for all undergraduates.
Reunion Giving
“I was honored to co-lead and serve on our reunion gift committee in a truly unique year. I volunteered for the committee because I believe Yale is a force for good—for light and truth—and that we, as alumni, can help shape Yale’s leadership role in these particularly turbulent times through our fundraising efforts.”
—Parminder Singh ’06, 15th Reunion Gift Committee co-chair
Yale College classes commemorated their reunions with sixty-seven virtual events that kept more than 4,000 alumni connected, entertained, and informed. Reunion attendees were treated to a welcome address by President Salovey, a celebration of Yale singing, faculty lectures, and class panels on such topics as climate control and COVID-19 vaccinations. Opportunities for classmates to reconnect and share memories were plentiful, including trivia, class films, and more.
Together, reunion classes gave over $96 million during Yale’s historic fundraising year. Eight classes reached a top-ten status, with the Class of 1986 and the Class of 2016 reaching first place, all-time rankings. And Yale College’s first coeducational class, the Class of 1971, celebrated their 50th reunion in a big way: in addition to surpassing $1 million in giving to the Alumni Fund, the class also contributed their largest gift ever to Yale.
Volunteers
-
Nina R. Adams ’69 MS, ’77 MSN
Robert E. Allison ’67
Jessica Lynn Anschutz ’07 MDiv
Amy D. Atkeson ’95, ’00 MD
Martha Burson Bangiola ’11, ’18 MBA
Marvin B. Berenblum ’56
Sarah L. Better ’19
Christina H. Bost Seaton ’01
Mary Gottshall Bowers ’01
Anne Wilson Brown ’85
Jacob W. Buchdahl ’94, ’97 JD
Stephen Calkins ’72
Tara A. Campbell ’20
Lise Pfeiffer Chapman ’81 MBA
Xinyi Chen ’21
Eugenie F. Cheney ’02
M. Kemal Ciliz ’95 MA
Jackson F. Cole ’20
Bridget M. Cota ’09 MSN
Claudia Rabinowitz Covo ’81
Marianna Cuomo Maier ’19
Benjamin Peter Daus-Haberle ’12
JP Drechsler ’16
Zachary Allan DeWitt ’09
Frederick Douglis ’84
Romy Drucker ’07
Michael Coleman Duddy ’85 MArch
R. Kemerer Edwards ’49
Rebecca A. Ehrhardt ’90
Danielle Bella Ellison ’15
William E. Ellison ’18
Charles N. Farmer ’66
Jeffrey A. Feldman ’95 MBA
William C. Fishel ’09
Julia Fuller Nakayama ’89
Elizabeth S. Garrabrant ’09 MA
Thomas M. Ginakakis ’09
Marla Grossman ’90
Brian D. Hammerstein ’85
Samantha Warshauer Heffner ’02
Jerry W. Henry ’80 MDiv
David L. Herzer ’67
Melissa J. Hilton ’83, ’89 MBA
Neil M. Hohmann ’91
John Francis Homan IV ’02 MEM
James A. Jones III ’66
Jocelyn Kane
Ethan Charles Karetsky ’14
Andrew R. Karlin ’08
Firoozeh Kashani-Sabet ’97 PhD
Katherine Philip Kaufman ’10
Daniel G. Kilpatrick ’03
Stewart M. Landefeld ’76
Curtis E. Large ’92
John Kai Lassen ’64
Anthony Magee Lavely ’64
Philip W. Lebowitz ’72 MD
Carol M. Lee ’79
Michael William Lei ’14
Charles P. Lord ’87
Ephram Lloyd Lustgarten ’00
Paul S. Mandell ’98 JD
John F. McKissack ’20
Mark L. Meyer ’94 MD, ’98 JD
Maria Paola Nastri ’98 PhD
Alexander Gharib Nazem ’04, ’12 MD
Mallet Njonkem ’18
Margo Wolf O’Donnell ’90
Neeta Ogden ’94
Renee H. L. Ong ’21
Amy S. Oshinsky ’77
Lillian A. Oshva ’96 MD
Merz K. Peters ’55
Darcy K. Troy Pollack ’87
Alison Poorvu Jaffe ’81
Shady M. Qubaty ’20
Allison Rabkin Golden ’12
Rachel M. Rajaseelan ’15
Carl L. Reisner ’78 JD
Richard T. Roberts ’86, ’89 JD
Shana Katz Ross ’00, ’06 MBA
Ellen Ryan ’77
Anthony Sabatelli ’84 PhD
David I. Schamis ’95
Stephen K. Scher ’56, ’66 PhD
Deborah Sherman ’89
William John Shikani ’10
Andrew D. Sipes ’85
Jamie E. Stern ’72
Evangeline Wyche Tross ’78
Laura Elizabeth Vrana ’11
Andrew M. Wallach ’80
Tanya Rivero Warren ’95
Hannah E. Weisman ’20
Jill R. Wight ’95
Gregory Thomas Wolf ’92
Alli J. Yoon ’21
Brett I. Zbar ’94
Gregory J. Zorthian ’75
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Josyann Abisaab and Michel Brogard P ’20
Amanda A. Adams and Kent R. Adams P ’15, P ’20
Jim Adelson and Susannah Adelson P ’20
Anil Aggarwal
Runa N. Alam and Theodore A. Nist P ’24
Ian H. Altman ’80 and Laura S. Scher ’80, P ’12, P ’21
Suzanne I. Baillie ’89 and Charles A. Baillie P ’23, P ’25
Iosif Bakaleynik and Liubov Bakaleynik P ’24
Olga B. Balaeskoul and Vladimir V. Balaeskoul P ’20
Laura E. Barletta and Vincent F. Barletta P ’25
Boris M. Baroudel and Constance F. Baroudel P ’23
Cheri L. Beck and Scott M. Beck P ’20
Janice C. Beckmen and Jeffrey T. Beckmen P ’24
Peter B. Bensinger, Jr. and Heidi Wagman P ’17, ’22 JD, P ’20
Forrest C. Berkley ’76 and Marcie J. Tyre P ’21
Emily A. Blavatnik and Leonard Blavatnik P ’24
Leslie N. Bluhm and David A. Helfand P ’20
Christopher Bogart and Elizabeth O’Connell P ’23
Jeanne P. Blaustein and Peter E. Bokor P ’20
Ethan T. Boyer ’90 and Laura Boyer P ’21, P ’24
Angela W. Buchdahl ’94 and Jacob W. Buchdahl ’94, P ’23, P ’25
Nancy B. Bynum ’86 and Frank K. Bynum P ’24
Timothy Calkins ’87 and Carol Saltoun P ’22
Gavin E. Campbell ’82 and Diana Aixalá P ’20, P ’24
Elizabeth A. Carney and Sean D. Carney P ’22
James F. Carney ’87 and Claire Shipman P ’25
John A. Carrafiell ’87 and Catherine H. Carrafiell P ’20
Robert Chai-Onn ’92 and Catherine Chai-Onn P ’23
Lalitha Chandrasekaran and Natarajan Chandrasekaran P ’20
Pedro Chomnalez and Maria A. Herrera P ’17, P ’23, P ’25
Samuel W. Chu and Pauline Lo P ’24
Lourdes Maria B. Chuidian and Tomas S. Chuidian P ’22
Douglas Cifu and Melissa Cifu P ’24
Brooke G. Coleman ’00 MBA and Daniel B. Coleman ’86, P ’23, P ’25
Franklin J. Collins IV and Tracy Collins P ’23
Sarah K. Contomichalos ’85 and Gerassimo A. Contomichalos P ’22, P ’24
Therese Coons and Michael Stankey P ’18, P ’19, P ’21
Philippe Costeletos ’87 and Katerina Costeletos P ’21, P ’24
Brahm S. Cramer and Dana G. Zucker P ’22, P ’25
Carrie B. del Hierro and Edwin S. del Hierro P ’24
Elizabeth S. Detor and Lucas K. Detor P ’24
William O. DeWitt III ’90 and Ira DeWitt P ’21
Akiva J. Dickstein ’90 and Anna S. Mendelsohn ’89, P ’16, P ’20, P ’23
Kathleen M. Donohue ’88 and David L. Sze ’88, P ’22, P ’24
Funlola T. Enelamah and Okechukwu E. Enelamah P ’23
Dinakar Singh ’90 and Florence A. Eng P ’22, P ’25
Steve R. Fallek and Susan L. Saltzstein P ’24
Bridget M. Fawcett and Donald N. Fawcett P ’23
Cyrena B. Fink ’90 and Geoffrey D. Fink ’91, P ’20, P ’22
Gregory J. Fleming ’88 JD and Melissa S. Fleming P ’19, P ’24
Kathryn Q. Flores and Raja M. Flores P ’23
Gregory G. Flynn ’92 MA and Julie A. Flynn ’88, P ’24
David Foley and Victoria Foley P ’22
Laura L. Fox and Bennet M. Van de Bunt P ’21
Eugene J. Frantz and Maria T. Frantz P ’23
David Fu and E-Len Fu P ’20, P ’25
Daniel Gainey and Diane Gainey P ’23
Amy Gallen and Jonathan Gallen P ’23
Michael S. Gamzon ’91 and Rebecca D. Gamzon ’91, P ’20, P ’23
Alejandra Garcia and Juan C. Garcia P ’22
Suzanne Gignilliat ’80 and Thomas Hinkes P ’15, P ’22
Bradley L. Graham ’74 and Lissa Muscatine P ’20
Catalina Grau and Klaus Grau P ’22, P ’25
Jonathan D. Gray and Mindy B. Gray P ’21, P ’24
Lawrence S. Greenberg P ’20, P ’22
Harold S. Gross and Robbin C. Gross P ’22
Anna D. Guanche and Carlos A. Guanche P ’20
Kenneth Hahn and Susan Hahn P ’20
M. Hillery Head ’88, P ’20
Peter F. Henkel ’86 and Eleni D. Henkel P ’17, P ’22
Stephen P. Hickey ’83, P ’15, P ’17, P ’20
Gerald R. Hirsch and Barbara N. Seymon-Hirsch P ’24
Dylan H. Hixon ’88 and Camomile Hixon P ’23
Mark S. Hoplamazian and Rachel D. Kohler P ’20
Jay C. Horgen ’93 and Katherine B. Horgen ’95, ’01 PhD, P ’24
Ricardo F. Hornos and Lisa J. Kohl P ’23
Alessandro Horta P ’23
Wei Hu and Jingfan Zhang P ’24
Amy M. Isom and Robert D. Isom P ’22
Benjamin Jenkins and Meredith Jenkins P ’24
Naveen Jindal and Shallu Jindal P ’18, P ’21
Charles E. Johnson P ’24
Elizabeth L. Johnson P ’22
Amy S. Kaiser and Kenneth B. Rotman P ’24
Ajay Kalsi and Mala Kalsi P ’18, P ’23
Rhonda L. Kaufman and Lisa A. Shalett P ’23
John C. Kern, Jr. and Katie D. Kern P ’23
Robert C. Ketterson P ’22
Shiv V. Khemka and Urvashi R. Rana Khemka P ’20
Gail C. Khosla and Victor Khosla P ’23
Mi-Hyung Kim and Brian S. Yoon P ’21, P ’23
Lynn E. King and Thomas C. King P ’24
Julius Kipngetich and Chemutai Murgor P ’24
Julie A. Kohn and Joseph D. Swift P ’19, P ’23
Allan M. Latts and Kate S. Latts P ’24
Kenneth J. Lebrun and Laurie N. Lebrun P ’24
Yuna Lee and Robert Nam P ’23
Tracy J. Leeds ’87 and Evan C. Marwell P ’21, P ’24
Almudena Legorreta and Pablo Legorreta P ’24
Konstantina Letrou and George Papamarkakis P ’21, P ’25, co-chairs
Brenda B. Levatich and Matthew S. Levatich P ’17, P ’20
Yanxiu Li and Yingbo Li P ’23
Yifei Li and Chaoyong Wang P ’16, P ’24
Nicole Longnecker and David L. Pesikoff P ’23
Anurag Mahesh and Shweta Mahesh P ’24
Vikram Malhotra and Parveen K. Samra P ’20, P ’22
Ron O. Marcelo ’92 and Sheila Marcelo P ’24
Craig C. Martin and Laura K. Martin P ’21
Nancy C. McCain and William F. Morneau P ’21
Christopher McGowan and Sandy Wang P ’24
Kenneth G. McKenna ’75, ’78 PhD and Patty McKenna P ’16, P ’21
Meghan R. McMahon ’87, P ’22, P ’23
Anne C. McNay and Colin S. McNay P ’18, P ’20
Katherine N. Mele ’85 and Joseph P. Mele ’85, P ’17, P ’20
Anjali Melwani and Prakash Melwani P ’16, P ’23, co-chairs
Anupama Manoj Menda and Manoj Menda P ’24
Alice Michaels and Lorne Michaels P ’20
Robert E. Michalik ’91 and Angela M. Michalik P ’24, P ’25
Brian P. Miller and Giovanna Miller P ’23
Marc D. Miller ’91 and Lori Miller P ’23
Laurel Miranda and Steve Miranda P ’22
Neeraj Mital and Renu C. Mital P ’21, P ’25
Kurt C. Mobley ’79 and Tamra J. Mobley P ’12, P ’20
Joan G. Mollerus and Michael Mollerus P ’21
Jonathan T. Molot ’88 and Hattie Ruttenberg ’91 JD, P ’21
Julie K. Moore and Kenneth W. Moore P ’25
Allan G. Mutchnik and Nicole G. Mutchnik P ’22
Albert L. Napier and Dacia Napier P ’23
Thomas C. Naratil ’83 and Wendy U. Naratil ’83, P ’11, P ’21
Klaus Oestergaard and Sanne Oestergaard P ’22, P ’25
Salil Parekh and Shaleen Parekh P ’24
Jill G. Parker ’85 and Geoffrey M. Parker P ’20
Clemente Pinedo P ’20Abigail S. Pogrebin ’87 and David P. Shapiro P ’21
Robert S. Pohly ’94 and Julie Turaj ’93, P ’24
Richard H. Powers ’85 and Emilie Powers P ’17, P ’20
Karen L. Pritzker P ’21
Jason W. Reese ’87 and Christine C. Reese P ’19, P ’24
Brian M. Reilly ’85, ’92 JD and Jeannette S. Reilly P ’16, P ’22
Susan M. Reinhart and Thomas E. Reinhart P ’20
Amy M. Ritter ’88 and Gordon Ritter P ’20
Nicole S. Rolet and Xavier Rolet P ’23
Linda Rossi and Pierpaolo Rossi P ’22, P ’25
Andrew C. Rothschild and Barbra B. Rothschild P ’24
Kevin P. Ryan ’85 and Pascaline Servan-Schreiber P ’17, P ’22
Jean E. Salata and Melanie Salata P ’23
Amanda Salzhauer and Michael Salzhauer P ’23
Eric J. Scheyer and Margaret W. Scheyer P ’20
Andreas Schlaepfer and Sandra E. Schlaepfer P ’23
Scott A. Schoen ’80 and Nancy Adams P ’20
Joseph Schull and Anna Yang P ’22
David Segel ’86 and Christina S. Segel P ’20
Marianna Sendas and Nelson Antonio Sendas P ’23, P ’25
Bonnie E. Siegel and Ira B. Siegel P ’15, P ’23
David B. Singer ’84 and Diana E. Kapp P ’23
Sriram Sivaram and Priya Sriram P ’23, P ’25
David F. Solomon ’88 ’92 JD and Sarah Solomon ’85, ’92 MFA, P ’21, P ’24
Joan Solotar P ’20
Peter Soros P ’20
Lawrence A. Spera and Mieko L. Willoughby P ’20
Emily Spinna and Robert Spinna P ’23
Joshua L. Steiner ’87 and Antoinette Delruelle P ’21
David I. Stemerman ’90 and Joline L. Stemerman P ’23, P ’24
Gene T. Sykes and Tracy M. Sykes P ’24
James B. Tananbaum ’85 and Dana S. Tananbaum P ’18, P ’21
Eileen P. Tang ’90 and Richard K. Tang ’90, P ’22, P ’24
James Triedman and Melissa Triedman P ’25
Eva C. Tsai ’87 and Michael M. Chang P ’24
Lauren M. Tyler ’84 and Stephen Mersereau P ’24
Anne M. Umphrey and Willard L. Umphrey P ’22
Kara J. Unterberg ’87 and Jim Delisle P ’19, P ’23
David M. Visher and Sandra H. Visher P ’14, P ’16, P ’18, P ’22
Bryan A. Vroon and Caroline S. Vroon P ’24
Edward B. Weaver and Lisandrea S. Weaver P ’23
Scott Weisman and Virginia Weisman P ’20
John C. Wellemeyer ’59 and Louise Anne M. Wellemeyer P ’23
David C. Weyerhaeuser ’86, P ’23, P ’24, P ’25
Laura V. Woodside ’91 and Dennis Woodside P ’23
Lauren B. Young ’85 and Paul B. Young P ’17, P ’20
Commitments: annual totals
Each year’s commitment total reflects gifts and new pledges received between July 1 and June 30.
Cash: annual totals
Each year’s cash total reflects gifts and pledge payments received between July 1 and June 30.
Commitments by source
Individual donors, including alumni, parents, and friends, provided 78 percent of the giving total.
Organizations, including corporations and foundations, provided 22 percent.
Commitments by category (endowment gifts)
Of $1.18 billion in commitments, more than $685 million was directed to Yale’s endowment, the key resource supporting professorships, scholarships, curriculum development, and other essential functions of the university. Yale’s spending and investment policies provide substantial levels of cash flow to the operating budget for current needs, while preserving endowment purchasing power for future generations.
*Other Categories includes: Art and Library Acquisitions ($0.3M); Facilities and Maintenance ($0.1M); Teaching and Faculty Support ($2.2M)
Annual Giving
Membership Level |
Donors |
Leaders Circle | |
Fourth Century Associates $100,000+ | 31 |
Elihu Yale Associates $50,000–$99,999 | 75 |
Woodbridge Associates $25,000–$49,999 | 220 |
Hillhouse Associates $15,000–$24,999 | 166 |
Sterling Associates $10,000–$14,999 | 598 |
Harkness Associates $5,000–$9,999 | 1,025 |
Woolsey Associates $1,000–$4,999 | 5,262 |
Class 2011-2015 $500–$4,999 | 334 |
Class 2016-2019 $250–$4,999 | 471 |
Total | 8,182 |
Class |
Participation |
Annual Gifts |
1931–1939 | n/a | $64,423 |
1940 | 16.7% | $43,654 |
1941 | 12.5% | $50 |
1942 | 29.4% | $1,410 |
1943 | 25.0% | $11,850 |
1944 | 33.3% | $23,100 |
1945 | 18.4% | $11,125 |
1945W | 26.3% | $9,630 |
1946 | 15.8% | $11,350 |
1947 | 43.1% | $21,398 |
1948 | 25.5% | $51,859 |
1949 | 39.3% | $43,924 |
1950 | 31.4% | $136,016 |
1951 | 52.4% | $67,060 |
1952 | 69.4% | $119,938 |
1953 | 36.9% | $290,350 |
1954 | 44.4% | $430,065 |
1955 | 39.7% | $174,979 |
1956 | 41.8% | $445,232 |
1957 | 46.5% | $267,375 |
1958 | 42.9% | $264,950 |
1959 | 38.2% | $181,943 |
1960 | 33.9% | $197,530 |
1961 | 38.8% | $313,400 |
1962 | 36.6% | $207,533 |
1963 | 42.4% | $321,995 |
1964 | 34.8% | $301,505 |
1965 | 30.8% | $205,213 |
1966 | 44.9% | $653,465 |
1967 | 34.9% | $219,433 |
1968 | 31.3% | $258,793 |
1969 | 32.2% | $357,636 |
1970 | 32.6% | $243,606 |
1971 | 48.2% | $1,120,225 |
1972 | 31.0% | $279,353 |
1973 | 30.6% | $354,507 |
1974 | 25.8% | $229,199 |
1975 | 23.1% | $424,122 |
1976 | 23.9% | $350,634 |
1977 | 23.1% | $246,904 |
1978 | 19.9% | $303,164 |
1979 | 21.2% | $278,992 |
1980 | 20.0% | $551,580 |
1981 | 21.9% | $577,132 |
1982 | 19.1% | $277,069 |
1983 | 19.3% | $277,571 |
1984 | 21.2% | $312,282 |
1985 | 30.4% | $643,339 |
1986 | 22.3% | $658,592 |
1987 | 23.5% | $401,178 |
1988 | 21.9% | $641,385 |
1989 | 24.0% | $597,656 |
1990 | 23.5% | $519,307 |
1991 | 27.6% | $777,110 |
1992 | 26.1% | $623,089 |
1993 | 25.1% | $597,884 |
1994 | 25.8% | $658,752 |
1995 | 24.8% | $538,342 |
1996 | 27.4% | $710,195 |
1997 | 25.7% | $296,677 |
1998 | 25.1% | $296,028 |
1999 | 22.8% | $452,459 |
2000 | 19.6% | $261,244 |
2001 | 21.7% | $448,671 |
2002 | 19.1% | $159,904 |
2003 | 19.4% | $163,225 |
2004 | 19.7% | $165,324 |
2005 | 16.3% | $149,638 |
2006 | 21.2% | $238,546 |
2007 | 19.8% | $135,803 |
2008 | 16.2% | $95,507 |
2009 | 16.5% | $92,826 |
2010 | 15.1% | $52,170 |
2011 | 23.6% | $82,082 |
2012 | 19.3% | $44,983 |
2013 | 18.1% | $47,126 |
2014 | 14.8% | $54,897 |
2015 | 14.4% | $21,345 |
2016 | 18.0% | $58,164 |
2017 | 13.2% | $17,671 |
2018 | 10.9% | $22,612 |
2019 | 9.6% | $13,262 |
2020 | 6.0% | $4,365 |
School |
Participation |
Annual Gifts |
School of Architecture | 19.7% | $324,988 |
School of Art | 7.9% | $170,156 |
Divinity School | 24.3% | $630,758 |
David Geffen School of Drama | 14.3% | $371,264 |
School of Engineering & Applied Science | 13.0% | $89,054 |
School of the Environment | 20.0% | $388,855 |
Graduate School of Arts and Sciences | 12.8% | $1,520,561 |
Law School | 28.0% | $6,397,279 |
Yale School of Management | 46.9% | $5,206,514 |
School of Medicine | 23.0% | $1,032,698 |
School of Music | 7.7% | $123,022 |
School of Nursing | 13.5% | $261,038 |
School of Public Health | 12.5% | $303,505 |
Reunion Giving
Class |
Reunion |
Final Reunion Gift Total |
Reunion Gift Participation |
Reunion Gift Chairs |
1956 | 65th | $22,732,694 | 58% | Joseph C. McNay ’56, John E. “Jack” Silliman ’56 |
1961 | 60th | $16,302,190 | 60% | Paul A. Downey ’61 |
1966 | 55th | $15,066,664 | 63% | Thomas C. Barry ’66, Robert W. Brundige Jr. ’66, William M. “Biff” Folberth III ’66, B. Waring Partridge IV ’66, Timothy J. Wollaeger ’66
Honorary: Ted P. Shen ’66, Frederick W. Smith ’66 |
1971 | 50th | $28,431,437 | 60% | Ruth B. Jarmul ’71, Kathryn Cochrane Murphy ’71, Kurt L. Schmoke ’71, Hugh Scott III ’71, Alan D. Seget ’71 |
1976 | 45th | $8,128,198 | 38% | Stewart M. Landefeld ’76, Thomas S. Leatherbury ’76, ’79 JD, Bobbi Mark ’76 |
1981 | 40th | $36,359,342 | 40% | Barry C. Barnett ’81, Varun Bery ’81, Jennifer W. Monsky ’81, ’84 MA, John R. Monsky ’81
Honorary: Donald R. Mullen, Jr. ’81 |
1986 | 35th | $152,866,073 | 39% | Andrea Strauss Dettelbach ’86, Todd P. Kaplan ’86, Jake L. Siewert, Jr. ’86 |
1991 | 30th | $33,837,850 | 43% | Kimberly A. Fulton ’91, Lori Matloff Goler ’91, Christian P. Michalik ’91, Robert E. Michalik ’91, Alison Berkley Wagonfeld ’91 |
1996 | 25th | $13,771,186 | 58% | Tracy Ann Campbell ’96, Meredith Snow Meeks ’96, Aaron Alexander Shipp ’96, Nikolay Ivanov Stoytchev ’96, Casey D. Whalen ’96, Sam Joshua Wilderman ’96, Michael Stephen Yoshino ’96
Honorary: Anne Elizabeth Wojcicki ’96 |
2001 | 20th | $6,610,484 | 36% | Stephen S.H. Cheng ’01, Lily Man-Lai Fan ’01, ’04 JD, Clara G. Ferraro ’01, Amy S. Harsch ’01, Khemaridh Heng Hy ’01, Marc Raymond Suskin ’01 |
2006 | 15th | $2,549,520 | 35% | Andrew B. Butler ’06, Allegra A. Leitner Holben ’06, Caroline Edsall Littleton ’06, ’10 JD, Brian Zhong Hwey Ong ’06, Parminder Singh ’06 |
2011 | 10th | $762,939 | 41% | Martha Burson Bangiola ’11, ’18 MBA, Haley Brynne Cohen Gilliland ’11, Zenah Mariam Hasan ’11, Tariq Magdy Mahmoud ’11, Paul Everett Needham ’11 |
2016 | 5th | $2,286,842 | 34% | JP Drechsler ’16, Hannah Francesca C. Gonzales ’16, Charles W. Goodyear III ’16, Conor D. McKenna ’16, Yuanling Yuan ’16 |
Class |
Reunion |
Reunion Records |
1956 | 65th | 5th place, all-time, for 65th reunion gift |
1981 | 40th | 5th place, all-time, for 40th reunion gift |
1986 | 35th | 1st place, all-time, for 35th reunion gift |
1991 | 30th | 4th place, all-time, for 30th reunion gift |
2001 | 20th | 7th place, all-time, for 20th reunion gift |
2006 | 15th | 8th place, all-time, for 15th reunion gift |
2011 | 10th | 10th place, all-time, for 10th reunion gift |
2016 | 5th | 1st place, all-time, for 5th reunion gift |
The Yale Endowment
The endowment contributed $1.51 billion to the university’s operating budget. This figure represents 33 percent of Yale’s net revenues. More than 58 percent of new gifts and pledges, or $685.1 million, were directed to the Yale endowment. These gifts and a 40.2 percent investment return enabled the endowment’s value to reach an all-time high of $42.3 billion as of June 30, 2021.
Impact of gifts to the endowment
Since 1950, just over 78.5 percent of the endowment’s value has derived from gifts and the investment performance on those gifts. Over the past twenty years, Yale’s endowment has significantly outperformed the median endowment, with annualized returns of 11.3 percent as of June 30, 2021.
Effect of investment performance on gifts
Yale’s endowment performance multiplies the impact of your gift. This chart shows the growth of a $100,000 scholarship over ten years in the Yale endowment as compared with the mean of a broad universe of colleges and universities. Over the ten years ending June 30, 2021, a $100,000 scholarship at Yale would have grown to $322,895 exclusive of spending. With annual payouts, this same fund would have produced $61,523 to support students, finishing at $208,086.
Remembering David Swensen
After the death of David Swensen ’80 PhD this spring, President Salovey expressed the profound loss felt across the university and beyond, noting that “[David] was an exceptional colleague, a dear friend, and a beloved mentor to many in our community.” Having revolutionized institutional investing, David’s pioneering vision for Yale led to the remarkable growth of its endowment, setting the standard for universities and foundations everywhere. His pride for Yale was second to none, and his impact will resonate for generations.
Video: Tipsy Pix
Exploring the world today and for future generations
Exploring human cognition: Dan Renzetti
World-class theater, now tuition free: T. Charles Erickson
Capturing carbon for a healthier planet: Unsplash
A more sustainable future: Bruner/Cott Architects
Promoting equity at Yale and beyond: Asian American Cultural Center
Supporting students and keeping Yale accessible
Helping undergraduates thrive: Courtesy of student
Exceptional opportunities, university-wide: Courtesy of students
Yale Community Standouts
Annual Giving, Parent Giving, Reunion Giving: Courtesy of volunteers
The Yale Endowment
Remembering David Swensen: Office of Public Affairs and Communications