Henry B. Tippie’s first contribution to the collee was $5, which he gave four years after he graduated in 1949.
Just like Henry, members of the Young Alumni Board (YAB) are giving back to their college shortly after graduation—and at record rates.
For the past five years, 100% of the YAB board members have contributed to the Tippie College of Business through the University of Iowa Foundation. Board members are encouraged to meet their financial commitment as stated in the YAB by-laws by either donating in full, fundraising, or securing an employer match, for example, to meet their recommended annual commitment.
“This is a huge accomplishment,” says Kevin Velovitch, BBA12, a business and systems integration consultant with Accenture in Chicago. “We are extremely proud of this.”
At each board meeting, a representative from the UI Foundation is invited to present on the status of the college’s fund-raising efforts and on the challenges and opportunities facing the college and the University of Iowa.
“This helps new members buy into the importance of giving back and it reminds returning board members that fundraising is critical to the success of the college,” says Velovitch, who serves as YAB Planning Committee chair.
Giving back is a point of pride for the YAB, but the board is also proud that they are contributing to the success of current and future students.
“We hope that students at the college today have as great or even better experiences and opportunities than we did during our days on campus,” Velovitch says. “Those were the days that shaped our business skills and ability to succeed as young alumni.”
Generous contributions from alumni and friends make a difference not only for UI students and faculty, but also for all those whom the university touches. There’s never been a better time to invest in futures—those of today’s students in the Tippie College of Business. Whether the gift is $5 or $500, gifts of any size help ensure the future of the college.