17
July
2018
|
03:37 PM
America/New_York

Buckeye Nation gives to Ohio State in record numbers

Nearly 270,000 donors helped FY18 fundraising activity eclipse $600M for the first time

photo:Benjamin Johnson
Benjamin Johnson
Ohio State News
614-292-9681

The Ohio State University is once again celebrating record-breaking generosity from Buckeye Nation, ending FY18 with $601.8 million in gifts to education, medicine, research, athletics and innovation.

Nearly 270,000 donors, about a third of whom are alumni, contributed to advancing Ohio State’s mission. Total fundraising was up 14 percent from last year, and cash receipts, at $438.6 million, rose 9 percent. The number of donors, fundraising activity and cash receipts all set records. The fiscal year ended June 30.

“The unmatched philanthropic spirit of Buckeye Nation continues to astound and inspire,” said President Michael V. Drake. “Our university is deeply fortunate to have so many alumni and friends committed to advancing our land-grant mission and changing lives across Ohio and beyond.”

Noteworthy gifts include a $17 million commitment to Fisher College of Business from the Keenan Family Foundation to create the Keenan Center for Entrepreneurship, which will focus on cultivating students’ entrepreneurial skill sets. Transformational gifts from Bob and Corrine Frick, now totaling $18 million, will establish the Bob and Corrine Frick Center for Heart Failure and Arrhythmia at the Ohio State Richard M. Ross Heart Hospital.

 

President Michael V. Drake
Our university is deeply fortunate to have so many alumni and friends committed to advancing our land-grant mission and changing lives across Ohio and beyond.
President Michael V. Drake

Gifts of all sizes helped build scholarship funds, recruit world-class faculty and fuel life-saving medical treatments. Overall, more than $151 million was dedicated to research, and nearly $92 million to student support.

“Ohio State is built and continues to grow on the generosity of our dedicated alumni, friends and partners,” said Michael C. Eicher, senior vice president for advancement and president of The Ohio State University Foundation. “This selfless spirit elevates our education and research, and ensures that we can continue to make a positive impact in our community and around the world.”

Momentum remains strong in FY19 as Ohio State continues to advance innovative research and quality medical care while building on initiatives to improve access, affordability and excellence in higher education.