Development and Fundraising Growth

  • NYU raised nearly $6 billion
  • The "Campaign for NYU" – completed in 2008 for a total of over $3 billion – was the largest campaign in US higher education at the time.
    • It was the equivalent of raising more than $1 million per day, seven days per week, for the entire seven-year period of the campaign.
  • Received seven 9-figure gifts (i.e., $100 million or more)
  • Select major gifts during Sexton’s presidency include:
    • $200 million naming gift from Ken Langone for the NYU Langone Medical Center.
    • Chandrika and Ranjan Tandon ($100m) naming gift for the School of Engineering
    • Constance and Martin Silver ($50m) naming gift for the School of Social Work – the largest gift ever to a school of social work
    • Helen and Martin Kimmel ($150m)
    • The Tisch Family ($110m)
    • Stanley and Fiona Druckenmiller ($140m) for the Medical Center;
    • Jan Vilcek ($105m) for the School of Medicine;
    • Hassenfeld Foundation ($50m) for the Hassenfeld Pediatric Center
    • Ronald Perelman ($40m) for the Medical Center.
  • Launched a $1 billion, six-year campaign exclusively for financial aid anchored by a multimillion-dollar gift from several trustees.
    • The 2013 campaign is nearly halfway to its goal 

      

John

Finances

Since 2002:

  • NYU’s endowment rose from $1 billion to $3.5 billion
  • Both S&P and Moodys have rated NYU's bonds in the AA range, and recently reaffirmed their ratings.
  • Reduced administrative expenditures to 23% in 2013 of the overall budget, from 29% in 2002.