Columbia Business Fund
The Columbia Business Fund is the driving force behind the School’s ability to innovate and excel in an increasingly competitive marketplace. The unrestricted support received through the fund plays a critical role in maintaining the School’s stature as a global leader in graduate business education.
Seed Capital
The Columbia Business Fund provides seed capital for new programs and initiatives, allowing the School to capitalize on opportunities without having to wait for program-specific support (or increased tuition revenues). Most recently, the School launched the healthcare, private equity, media, and financial studies programs, as well as curricular innovations like CaseWorks, Master Classes, and the Program on Social Intelligence.
Critical Support
Additionally, the Columbia Business Fund provides critical support for the School’s key operating expenses, including student financial aid, faculty research, and facility maintenance and improvement. The Columbia Business Fund has tangible effects on nearly every facet of the Columbia Business School experience.
Tuition Relief
The need for unrestricted giving is undeniable. While more than 70% of the School’s operating revenue is generated by tuition and fees, tuition alone does not cover the cost of a Columbia Business School education. Alumni gifts help to underwrite the cost of each student’s degree. Last year, alumni and friends contributed over $4.6 million to the Columbia Business Fund and the Executive MBA Fund. It would take more than $90 million in endowment gifts to provide the same amount of annual support.
Investing in the Columbia Business Fund not only helps the School better serve current and future generations of students, but it is also a powerful market signal of the value of the Columbia MBA degree. Every gift has an impact and high alumni participation rates reflect both confidence in the School’s mission and pride in the Columbia Business School network.
If you have any questions, please contact Barbara Clapp at bc102@columbia.edu or 212-851-4301.
To make a gift to the Columbia Business Fund, please visit www.gsb.columbia.edu/makeagift.
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