In recent years, the role of personal philanthropy has become vital to INSEAD’s ability to invest and innovate in ways that strengthen our unique school.
INSEAD is a non-profit, private business school where fundraising plays a critical role in our financial model. While revenue generated by our exceptional programmes covers operational expenses, significant additional funds are needed for INSEAD to excel as an international leader in global management education.
Our donors made 2015/2016 one of the school's best years yet in terms of funds raised, bringing the total gifts and pledges to €23.8m.
These record-setting results were spurred by increased giving from alumni whose gifts comprised 77% of the total. Gifts of €100k more than doubled from the previous two years. The school received significant support from several INSEAD Board members, led by Chairman Andreas Jacobs MBA’90D, who gave generously to the school. The year also saw enthusiastic support from MBA classes of ’16J and ’16D, with 87% of students participating in the Robin Hood Scholarship Campaign. Contributions from corporations and foundations continued to reinforce the school’s branding, digital presence, research, scholarships and entrepreneurship activities.
Launched this year, both the Investors’ Circle and Young Alumni Initiative further bolstered community engagement. The Investors’ Circle recognises donors whose leadership annual gifts provide immediate funds for investing in strategic areas. The Young Alumni Initiative reinforces the school’s endeavour to reconnect with recent alumni.
This year, 140 Salamanders were awarded to donors to recognise cumulative giving at specific levels; the generous contributions of these loyal donors enable INSEAD to flourish. A new prestigious Diamond Salamander award was created to recognise donors whose cumulative giving is €500k and above. Also, the Salamander recognition, previously reserved for alumni donors, expanded to include non-alumni individual donors.
GIVING IN 2015/2016:
The INSEAD family broke new ground in 2015/2016 in terms of generosity.
We received a total of
in gifts and pledges.
This represented a
increase in giving results over last year.
We reached a total of
INSEAD Investors' Circle members.
FUNDRAISING RESULTS THIS YEAR (€M)
WHERE DONORS DIRECTED THEIR GIFTS
This year, Alumni Relations reached more alumni than ever before with events, programmes and publications that continuously build our network around the world.
Our alumni are our greatest ambassadors and none more so than our volunteers who advocate tirelessly for our school. This year at the INSEAD Forum Asia, the Dean, President of the INSEAD Alumni Association and Chairman of the Board all signed “INSEAD Alumni – Vision 2020”, an action plan to raise awareness about the importance of the INSEAD Alumni Association (IAA) and National Alumni Association (NAA) membership and more services for alumni.
Events and Programmes
More than 4,050 alumni stayed closely connected to the school and returned on campus for class reunions as well as attended INSEAD Alumni Forums in New York, London and Tokyo. The forums serve as a platform for our faculty to exchange with alumni and offer viewpoints on current business issues. In addition, 130 events were organised bringing our faculty and alumni together across the globe.
A pilot digital programme in the context of lifelong learning was introduced to alumni who are members of a National Alumni Association or the INSEAD Alumni Association. The course received extremely positive feedback and will be rolled out to more alumni in 2017. Plans for more online courses are underway.
The annual Global INSEAD Day took place on 12 September in 75 cities across 53 countries, bringing together the worldwide INSEAD community for a day of celebration, discussion and fundraising.
Communications and Access
The quarterly Salamander Magazine continues to attract a growing audience. Serving the school as well as the alumni community, the magazine profiles alumni and faculty who are making a significant difference as well as the latest school news and achievements.
A new online giving platform was launched, improving the user experience for donating to the school. Mobile and tablet responsive, it makes giving easy for our alumni and donors.
DIVERSE, POWERFUL AND ENGAGED
The INSEAD network of alumni may cover the globe, but ties to the school remain closer than ever.
INSEAD alumni now total
nationalities and live in
countries. We have
National Alumni Associations,
global clubs and
returning alumni for reunions and events in 2015/2016.