Fiscal Year 2013
Union’s 2012/13 fiscal year was a banner year for fun¬draising at the Seminary. In this period, Union Theological Seminary in the City of New York raised a total of $3,713,665.27.
The Fiscal Year 2013 annual fund raised $1,007,061.53, an almost 13% increase over the Fiscal Year 2012 fund. We also raised $1,276,143.39 in program¬matic restricted funds.
Giving to the endowment brought in $1,407,665.35, including bequests from 13 different estate donors totaling $269,661.39; and also including two new scholarships, each established with lead gifts of $500,000. In addition, in FY2013 Union was notified of 7 new planned gifts from alumni/ae and friends. In total 237 living alumni/ae and friends have included Union in their estate plans.
Union is particularly grateful to its Board of Trustees, who while giving $270,000.00 to the annual fund also gave $300,770.20 to programmatic restricted funds and $200,245.74 to the endowment. In sum, FY13 Board giving totaled $772,195.94 and approximately 26% of all funds raised.
With these many accomplishments achieved, there is still much to do. Presently, the Department of Institutional Advancement is working to further increase annual fund giving in FY14 as well as to secure funds for several endowed and programmatic activities