Hankamer Exceeds Goal
In June, the Hankamer School of Business celebrated as its donors reached $125.8 million in total gifts to the Business School, eclipsing its original campaign goal of $125 million. The second-largest academic unit at Baylor University, Hankamer saw alumni make up an impressive 63 percent of donors to the Business School’s campaign efforts.
“We are grateful for the Business alumni who have given so generously to support our students, provide resources for our faculty and ensure that the good work started within the Hankamer School of Business continues to multiply and increase in impact,” Sandeep Mazumder, PhD, the William E. Crenshaw Endowed Dean of the Hankamer School of Business, said. “We have a bright future here at Hankamer, and we are grateful for the alumni, parents and friends who are committed to Christian higher education and the role that we can play in forming future Christian business leaders.”
The Hankamer School of Business received gifts and pledges totaling more than $85 million toward its endowment, supporting everything from new faculty chairs and professorships to scholarships and program funds. The endowment giving represents permanent resourcing that will provide annual support for the Business School. Another $31 million in current gifts and pledges will provide immediate impact within the Business School, providing Dean Mazumder with resources and flexibility as he begins his second year at the helm. A further $9.5 million in capital support rounds out the Business School’s fundraising to date.
Throughout the University, students are already feeling the effects of the Baylor Family’s giving. Baylor donors have established 710 endowed scholarships since the start of the campaign—many of which are already easing the financial burdens of current students and their families. Many new endowed programs have been created, and other heritage programs bolstered by endowment. The University has also seen 40 endowed faculty positions created, and faculty members are being hired to fill those new positions. In total, Baylor alumni, parents and friends have given or pledged more than $505 million in endowed fund support. Significant gifts to the Give Light Capital Fund continue to progress Baylor’s capital priorities, including the Mark and Paula Hurd Welcome Center, the Paul and Alejandra Foster Pavilion and the Fudge Football Operations Center.