Saint Louis University Has Best Fundraising Year in its History with Nearly $100 Million in Gifts

ST. LOUIS, Aug. 9, 2018 /PRNewswire/ -- Today, Saint Louis University announced that it raised a record $98.7 million during the 2017-18 fiscal year, which ended June 30, making it the most successful single year of fundraising in SLU's 200-year history.

The milestone total more than doubles what was raised during the previous fiscal year, and it is $33 million more than the previous 12-month record of $65 million, which was set during the 2005-06 fiscal year. A record 14,805 donors made gifts to the University during FY18. 

"Our bicentennial has focused our supporters on the many ways in which we are living our mission," said SLU President Fred P. Pestello, Ph.D. "Our vision inspired an unparalleled outpouring of support. This unprecedented generosity from our alumni, our trustees and countless other stakeholders demonstrates their confidence in our future." 

"I want to thank every donor for contributing to this historic fundraising year and for supporting innovation, excellence in educating and forming our students, cutting-edge scholarship and informed, patient-centered health care," Pestello continued. 

Highlighting the record-setting year was a $15 million leadership gift from alumnus and trustee Richard A. Chaifetz and his wife Jill in support of the University's Richard A. Chaifetz School of Business, which increased the couple's total giving to SLU to $27 million. Theirs was one of 11 gifts that exceeded $1 million in FY18 ­– also a record for the University. 

"As a private research university that strives to serve the public good, the importance of philanthropy has never been greater, and our dedicated donors have stepped up to support us like never before," said Sheila Manion, SLU's vice president for development. "I want to thank Dr. Pestello and our trustees for leading the way, and I congratulate our wonderful fundraising staff for their remarkable successes this year." 

Most gifts during FY18 went to support academic programs, patient care, and student scholarships and financial aid. In terms of scholarship support, SLU's Go Further initiative – in which the University matches every scholarship gift dollar-for-dollar – has raised more than $39.5 million in matching dollars since its launch five years ago. 

"I am heartened that so many of our stakeholders continue to make contributions to support scholarships," Pestello said. "They share our belief that no student's opportunity should be limited by a lack of financial resources. Thanks to our many donors, we are able to offer a transformational education to even more students of modest means."

Founded in 1818, Saint Louis University is one of the nation's oldest and most prestigious Catholic institutions. Rooted in Jesuit values and its pioneering history as the first university west of the Mississippi River, SLU offers nearly 13,000 students a rigorous, transformative education of the whole person. At the core of the University's diverse community of scholars is SLU's service-focused mission, which challenges and prepares students to make the world a better, more just place.

SOURCE Saint Louis University

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