JHU Financial Report 1995
Development

Private giving is vitally important to Johns Hopkins' future, and in fiscal 1995 gifts from private sources totaled almost $95 million. Of this amount, nearly $38 million, or 40%, was committed to endowment and capital purposes -- new dollars that help meet the most critical needs of the Johns Hopkins Initiative, a $900 million comprehensive campaign for Johns Hopkins University and Johns Hopkins Hospital.

Private gifts from individuals increased by 21% in 1995. Support for endowment and capital purposes increased 15%, thanks to such benchmark commitments as that of trustee Champ Sheridan and Debbie Sheridan who pledged $20 million to support the Milton S. Eisenhower Library. Zanvyl Krieger's $50 million challenge gift for the School of Arts & Sciences has helped raise more than $80 million toward new endowment for the school. University trustees have supported Hopkins generously with gifts and pledges totaling over $50 million. Gifts from trustees and from leading alumni and friends will help the University complete priority building projects for the Schools of Medicine, Hygiene and Public Health, and Nursing in East Baltimore and the new athletic and student arts centers on the Homewood campus.

Overall support from foundations and corporations for 1995 totaled just over $34 million, or more than a third of total dollars raised.

In addition to endowment and capital gifts, the Annual Fund and the Alumni Council fund-raising efforts continue to grow. The Annual Fund raised $5 million, with noticeable increases in giving from young alumni and reunion classes. The President's Club -- comprised of individuals who give $10,000 or more -- had 290 members, or a 21% increase over last year. The Johns Hopkins Associates had over 1,580 members, each providing annual gifts of $2,000 or more.

Michael R. Bloomberg, campaign chair of the Johns Hopkins Initiative, continued to provide tremendous leadership during the first year of the Campaign's public phase. As of June 30, 1995, the Initiative had achieved 41% of its $900 million goal with commitments totaling $370 million. After the close of the fiscal year, chairman Bloomberg pledged $55 million himself to support a broad range of endowment and capital programs throughout the University. His generosity and that of countless Hopkins alumni and friends around the world make the future of Hopkins more promising than ever before, and provide a more independent and stable financial base for the University.

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