BLOOMINGTON, Ind.—Today, Indiana University inducted 194 individuals into its most prestigious donor recognition society, the Presidents Circle, which honors individuals whose lifetime giving to IU has reached $100,000. IU President Michael A. McRobbie and IU Foundation President and CEO Dan Smith presided over the ceremony.
“Each and every one of the gifts made by members of the Presidents Circle is connected to a personal story,” said Smith. “Several of these members have given gifts to honor parents, daughters, sons, brothers, sisters, husbands, or wives. Others have given to support causes that have changed their own lives. These gifts, in turn, provide the means for students and faculty to go out and transform the lives of others. In this way, members of the Presidents Circle are creating a promising future not only for Indiana University, but for our world.”
Collectively, the 2014 inductees have given more than $30,688,443 to the university in their lifetimes. Of the 194 new inductees, 142 provided support for student scholarships and fellowships, 55 provided support for faculty, and 37 provided support for research.
New Presidents Circle members were presented with a personalized medallion cast with a portion of the original carillon bells that once rang in the IU Bloomington Student Building. In addition, their names were added to the honor wall in the Indiana Memorial Union.
Established in 1992, the Presidents Circle is named for IU presidents, from first president Andrew Wylie to current president Michael A. McRobbie.
Founded in 1936, the IU Foundation maximizes private support for IU by fostering lifelong relationships with key stakeholders and providing advancement leadership and fundraising services for campuses and units across the university.
Today, the foundation oversees one of the largest public university endowments in the country with a market value of nearly $1.7 billion. In fiscal year 2013, IU received $305.9 million in support from the private sector. IU is consistently ranked among the top four of Big Ten universities in annual voluntary support.