Private Giving '06-'07(PDF) - Institutional Advancement - University ...

Every Donor Makes a Difference
Once again, UC Santa Barbara alumni and friends have set a strong pace for The
Campaign for UC Santa Barbara by contributing $70.9 million during 2006-07, an
increase of nearly 30 percent over the previous year.
This enormous rise in private giving
reflects the building momentum
generated by the campus’s first
comprehensive fund-raising initiative,
which seeks to raise $500 million for
cutting-edge research and instruction,
scholarships and fellowships, innovative
programs, and new facilities. • We
are delighted to report that by the end
of the fiscal year on June 30, a total of
$422 million had been donated to the
campaign, including the largest gift to
Fredric Steck and Henry Yang in front of the Mosher Alumni House. date: $12.5 million from Virgil Elings,
a former UCSB physics professor, and Betty Elings Wells to support pioneering research
and education at the California NanoSystems Institute. • Since the inception of the
campaign in 2000, UC Santa Barbara’s endowment—now $190 million—has grown
by $115 million. Forty-six new endowed professorships have been established during
the campaign to attract and retain leading scholars in a wide range of disciplines—
including nine new faculty chairs last year—bringing the total to 70. Similarly, 107
new graduate fellowships were created by philanthropic gifts to support outstanding
students throughout the campus. • UC Santa Barbara’s remarkable progress toward the
campaign goal gives testimony to the vision and generosity of the many volunteers and
philanthropists who are honored in this report of private giving. We thank you for your
continuing partnership in creating a dynamic future for our campus, and for helping to
make UC Santa Barbara an extraordinary place.
Fredric E. Steck, Jr. ’67, Chair
UC Santa Barbara Foundation
Henry T. Yang, Chancellor