Development, Fundraising, and Finances
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.
- 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.
- $200 million naming gift from Ken Langone for the NYU Langone 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
- The 2013 campaign is nearly halfway to its goal
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.