AdvancementAdvancement

Access Illinois:Access Illinois: The Presidential Scholarship The Presidential Scholarship InitiativeInitiative

In June 2011, the University of Illinois launched a In June 2011, the University of Illinois launched a $100 million fundraising campaign to increase $100 million fundraising campaign to increase financial aid known as Access Illinois.financial aid known as Access Illinois.

Access Illinois: The Presidential Scholarship Access Illinois: The Presidential Scholarship Initiative at UIC is designed to make the most of Initiative at UIC is designed to make the most of private scholarship support through a matching private scholarship support through a matching gift program. It’s an ideal opportunity to gift program. It’s an ideal opportunity to increase the value and impact of gifts for those increase the value and impact of gifts for those students who demonstrate the most need.students who demonstrate the most need.

Access Illinois:Access Illinois: How the Match WorksHow the Match Works

• Gifts must support undergraduate, need-based scholarships.Gifts must support undergraduate, need-based scholarships.

• If the donor made a gift to undergraduate, need-based scholarships in the past, the dollar If the donor made a gift to undergraduate, need-based scholarships in the past, the dollar amount must be more than what was given in FY2011. In this case, the difference will be amount must be more than what was given in FY2011. In this case, the difference will be matched. matched.

• Current-use gifts must be at least $2,500 per year for a minimum of four consecutive years. Current-use gifts must be at least $2,500 per year for a minimum of four consecutive years. This ensures continuity in student financial assistance for a major portion of the student’s This ensures continuity in student financial assistance for a major portion of the student’s academic career. academic career.

• Endowments qualify for the match, too. Either establishing an endowment with a gift of at Endowments qualify for the match, too. Either establishing an endowment with a gift of at least $100,000 or adding to an existing endowment that will bring it up to at least $100,000 least $100,000 or adding to an existing endowment that will bring it up to at least $100,000 can qualify for the match.can qualify for the match.

• Gifts to fund endowed scholarships may be paid over a period of up to five years; however, Gifts to fund endowed scholarships may be paid over a period of up to five years; however, scholarships will be awarded to students only when the endowment principal reaches a scholarships will be awarded to students only when the endowment principal reaches a minimum of $100,000.minimum of $100,000.

• For newly established endowed funds, payout from the interest earned on the principal will For newly established endowed funds, payout from the interest earned on the principal will provide scholarship support and is the amount that will be matched. For gifts made to provide scholarship support and is the amount that will be matched. For gifts made to existing endowment funds, the match will be applied to the payout from the additional existing endowment funds, the match will be applied to the payout from the additional income interest generated as a result of the new gift. income interest generated as a result of the new gift.

Both current-use and endowed gifts can realize matching benefits. There are specific conditions in order Both current-use and endowed gifts can realize matching benefits. There are specific conditions in order for gifts to be eligible for the match program. These guidelines include the following:for gifts to be eligible for the match program. These guidelines include the following:

Access Illinois:Access Illinois: Gifts Received To-Date for this Gifts Received To-Date for this initiativeinitiative

$400,000 John Burnett$400,000 John Burnett

$10,000 Patrick O’Donnell$10,000 Patrick O’Donnell

$10,000 Pete Nelson$10,000 Pete Nelson

FY’12 Fiscal Year SummaryFY’12 Fiscal Year SummaryJuly 1, 2010 – March 31, 2012July 1, 2010 – March 31, 2012

• Total Dollars Raised (Cash and Pledges)Total Dollars Raised (Cash and Pledges)

‣ $1,765,925.81 vs. $1,446,069 (2011)$1,765,925.81 vs. $1,446,069 (2011)

• Annual Gift Dollars Raised (Cash Gifts under Annual Gift Dollars Raised (Cash Gifts under $25,000)$25,000)

‣ $438,097 vs. $434,953 (2011)$438,097 vs. $434,953 (2011)

• Scholarship GivingScholarship Giving

‣ $641,856 vs. $251,871 (2011) $641,856 vs. $251,871 (2011)

‣ New Endowed Scholarship:New Endowed Scholarship:

‣ Ken Nelson $25,000Ken Nelson $25,000

‣ Niva Oghigan $25,000Niva Oghigan $25,000

FY’12 Fiscal Year SummaryFY’12 Fiscal Year SummaryJuly 1, 2010 – March 31, 2012July 1, 2010 – March 31, 2012

• $400,000 for Access Illinois Scholarship Initiative $400,000 for Access Illinois Scholarship Initiative from John Burnettfrom John Burnett

• $131,600 toward creation of fully endowed $131,600 toward creation of fully endowed scholarship from Rick Hillscholarship from Rick Hill

• $70,000 to support the research of Prof. Philip Yu $70,000 to support the research of Prof. Philip Yu from Googlefrom Google

• $59,000 to provide scholarship and $59,000 to provide scholarship and programmatic support to undergraduate programmatic support to undergraduate students from Caterpillarstudents from Caterpillar

• $50,000 to provide scholarship support to 10 $50,000 to provide scholarship support to 10 incoming female undergraduate students from incoming female undergraduate students from William UngerWilliam Unger

Major gifts and pledges ($25,000+) from alumni, friends, and Major gifts and pledges ($25,000+) from alumni, friends, and corporate partnerscorporate partners

• $50,000 from Anonymous Donor$50,000 from Anonymous Donor

• $30,000 to provide fellowship support to 6 $30,000 to provide fellowship support to 6 incoming graduate students in Electrical and incoming graduate students in Electrical and Computer Engineering and Computer Science, Computer Engineering and Computer Science, Peter WexlerPeter Wexler

• $25,000 to establish endowed fund for $25,000 to establish endowed fund for scholarships from Ken Nelsonscholarships from Ken Nelson

• $25,000 to support the research of Prof. Lin Li $25,000 to support the research of Prof. Lin Li from General Motorsfrom General Motors

• $25,000 to establish endowed fund for $25,000 to establish endowed fund for scholarships from Niva Oghiganscholarships from Niva Oghigan

FY’12 Fiscal Year SummaryFY’12 Fiscal Year SummaryJuly 1, July 1, 2010 – March 31, 20122010 – March 31, 2012

Major gifts and pledges ($25,000+) from alumni, friends, and Major gifts and pledges ($25,000+) from alumni, friends, and corporate partnerscorporate partners

FY’12 Advisory Board Annual FY’12 Advisory Board Annual SupportSupport

• $446,100 in total giving vs. $357,225 (FY $446,100 in total giving vs. $357,225 (FY 11)11)

• Total AB Restricted Giving (Scholarship Total AB Restricted Giving (Scholarship Support, Fellowships, and Department Support, Fellowships, and Department Support): $376,100Support): $376,100

• Total AB Unrestricted Giving: $70,000Total AB Unrestricted Giving: $70,000