FAQ: Haas Annual Fund
Why is alumni support important?
Haas faces some difficult financial challenges as a result of the California state budget cut-backs. However, we are committed to facing these challenges head on with your support. Contributions from Haas alumni and friends allow our Dean to say "yes" to new opportunities as they arise within the current academic year. Our excellence in the science and practice of management through teaching, research and public service is maintained each year thanks to contributions to the Haas Annual Fund.
Why is my Gift Needed by June 30th?
The Haas Annual Fund fundraising campaign takes place on a fiscal year cycle beginning July 1 and concluding on June 30 of the following year. Gifts from Haas alumni and friends are immediately put to work for initiatives and opportunities that offer the greatest benefit for students within the current academic year.
In most cases, annual donors are encouraged to make outright gifts, which offer the greatest assistance to the school. Those who wish to make pledges can do so and are asked to make a pledge payment by the end of each campaign year (June 30). Donors making a multi-year pledge are encouraged to make their first pledge payment by June 30 of the current campaign year.
Isn't Haas funded by the State of California?
State support for Haas has changed dramatically in recent years. Since the early 1990's, state support has been steadily decreasing to less than 10% of our operating budget today. While student fees have been increasing in recent years for our self-supporting programs, alumni gifts help mitigate those increases.
Will my small gift make a difference?
Yes! Every gift is greatly appreciated - large or small. Maintaining our position as a leading business school requires continuous investment from all of our constituents. Ultimately, every gift matters. And the power of giving is greatest when many contribute collectively. Gifts from Haas graduates have an astonishing impact on the aggregate, and send a powerful signal of the strength of our alumni community.
How much should I contribute?
Haas graduates are encouraged to make a "fair share" contribution each year. The size of one's gift is a very personal decision. An individual's personal capacity to make a gift - combined with their respect and admiration for the work of the school - often are the primary factors in determining an individual's annual contribution.
Why should I give to Haas when there are other organizations that need my support?
Given the role that Haas has played in shaping our graduates' values and success, many Haas alumni feel that an annual gift is one of the most important ways to demonstrate confidence in the progress and future vision for the school. Each graduate is encouraged to participate each year by contributing to the Haas Annual Fund, while also balancing their personal philanthropic priorities.
