(05-18-2014 03:13 PM)Dukeman Wrote:  Adam Smith taught us that money will go where it is most deserved/earned.

JMU, as an institution, hasn't earned the devotion of generations of Alumni?


I know it has mine, AND I know it has your's.

A solid outreach should be about expanding that to beyond the (industry std. 7+- %) to those that simply need to be asked. Hopefully the current efforts are moving us in that direction.

(05-18-2014 11:29 PM)CISDuke2014 Wrote:  

(05-18-2014 11:57 AM)HotHamandCheese84 Wrote:  

(05-18-2014 11:46 AM)DoubleDDuke Wrote:  Donations from current students aren't going to move the needle a millimeter. Sorry, not to be a downer but that's just not going to make a difference.

You are correct. We encourage giving by students and get them used to making a class gift with the goal of getting 75% participation from the class. We build on that relationship when they are alumni. We take their $50 donation as a senior and build it to $75 and then to $100 and so on and so on. When they are successful, they become larger donors because they see the ROI.

Gentlemen, I am sorry but as a current student I take offense to that statement. While our donations (I personally give $100 a quarter back to the business school) may not seem like much I can promise you they do make a difference (every penny counts). I have sat with my department head and seen what my money is doing and what it is going to provide.

Also, in the end as we get into the routine of donating to JMU and increase our income, our giving to JMU should increase proportionally as well. So while it may not move the needle much now in the end it still helps and should help dramatically in the future.

Last point, while at work 2 weeks ago, I served a party of JMU admin who had visitors from VCU. I overheard many plans about increasing donations and how they are working on plans to engage current students as well as recent alums. Onc fact that I found pretty interesting is JMU's student giving rate is 10% which sadly is higher then the percentage of alumni that give back.

Thank you for stepping up and hopefully you can convince others to do the same. Getting student giving to over 50% can happen quickly (within 3 years) and to 75% within 5 years with the right roll out. The Millennials are generous but a case needs to be made for them to part with cash. They won't just give out of a since of loyalty as a general rule, nor should they. We also need to do a better job building relationships between current students and alumni (mentoring) and that will increase donations.

(05-18-2014 08:21 PM)JMUETC Wrote:  * dove into the report where the endowment info came from. It's from 2010. Millsaps is 411 at 80m and JMU is at 547 at 43m.

To update the numbers for FY 2013: Millsaps is 404 at 110m and JMU is 534 at 67m.

http://www.nacubo.org/Documents/Endowmen...142014.pdf

(05-19-2014 06:58 AM)Top Dawg Wrote:  

(05-18-2014 08:21 PM)JMUETC Wrote:  * dove into the report where the endowment info came from. It's from 2010. Millsaps is 411 at 80m and JMU is at 547 at 43m.

To update the numbers for FY 2013: Millsaps is 404 at 110m and JMU is 534 at 67m.

http://www.nacubo.org/Documents/Endowmen...142014.pdf

This list is depressing. Every time I look at it I see another thing that jumps out. There are a ton of schools above JMU that don't emphasize athletics. Perhaps we should have spent the Carr report dollars on a giving strategy consultant.

(05-19-2014 07:17 AM)JMUETC Wrote:  

(05-19-2014 06:58 AM)Top Dawg Wrote:  

(05-18-2014 08:21 PM)JMUETC Wrote:  * dove into the report where the endowment info came from. It's from 2010. Millsaps is 411 at 80m and JMU is at 547 at 43m.

To update the numbers for FY 2013: Millsaps is 404 at 110m and JMU is 534 at 67m.

http://www.nacubo.org/Documents/Endowmen...142014.pdf

This list is depressing. Every time I look at it I see another thing that jumps out. There are a ton of schools above JMU that don't emphasize athletics. Perhaps we should have spent the Carr report dollars on a giving strategy consultant.

Notable Schools behind us in endowment:
George Mason (wow, I was surprised by this)
Northern Illinois
Eastern Michigan (FBS isn't everything)
St. Bonaventure (small private university that isn't filthy rich?!)
Arkansas State
Georgia Southern (6 I-AA titles hasn't helped their endowment)
So on and so forth.

Our endowment is trending in a positive direction and it is slightly improving in rank. It also rose 8M in a single year, which I believe it was a rise of 3M the year before. 100M is the immediate goal.

(05-18-2014 11:29 PM)CISDuke2014 Wrote:  

(05-18-2014 11:57 AM)HotHamandCheese84 Wrote:  

(05-18-2014 11:46 AM)DoubleDDuke Wrote:  Donations from current students aren't going to move the needle a millimeter. Sorry, not to be a downer but that's just not going to make a difference.

You are correct. We encourage giving by students and get them used to making a class gift with the goal of getting 75% participation from the class. We build on that relationship when they are alumni. We take their $50 donation as a senior and build it to $75 and then to $100 and so on and so on. When they are successful, they become larger donors because they see the ROI.

Gentlemen, I am sorry but as a current student I take offense to that statement. While our donations (I personally give $100 a quarter back to the business school) may not seem like much I can promise you they do make a difference (every penny counts). I have sat with my department head and seen what my money is doing and what it is going to provide.

Also, in the end as we get into the routine of donating to JMU and increase our income, our giving to JMU should increase proportionally as well. So while it may not move the needle much now in the end it still helps and should help dramatically in the future.

Last point, while at work 2 weeks ago, I served a party of JMU admin who had visitors from VCU. I overheard many plans about increasing donations and how they are working on plans to engage current students as well as recent alums. One fact that I found pretty interesting is JMU's student giving rate is 10% which sadly is higher then the percentage of alumni that give back.

We are same JMU student, 15 years separated. A big difference, I caught the tail end of the Carrier presidency. My not so big donations have added up to an amount that matters over 15 years.

When Carrier walked through campus he was greeted like a rock star and his vision for JMU was clear, for example, the CISAT campus.

Carrier told me three years ago, "if I were the president, JMU would be in the Big East"...true or not, this is what bold leadership backed by full tilt effort to evolve the university looks like and it creates loyalty with JMU alum...We've been served 16 years worth of plain vanilla and we are on our second serving...

I have no doubt that JMU is working on a strategic plan, the problem is JMU needs to be working at a strategic plan...

JMU's leaders are state bureaucrats, they think that working on a perpetual vision is the job, it is for the $60K staffers. The leaders don't understand that results are the job of well paid leaders. They get their fat paychecks regardless and they are very comfortable, too comfortable based on the past 15+ years of endowment results.

(05-19-2014 07:42 AM)Potomac Wrote:  

(05-19-2014 07:17 AM)JMUETC Wrote:  

(05-19-2014 06:58 AM)Top Dawg Wrote:  

(05-18-2014 08:21 PM)JMUETC Wrote:  * dove into the report where the endowment info came from. It's from 2010. Millsaps is 411 at 80m and JMU is at 547 at 43m.

To update the numbers for FY 2013: Millsaps is 404 at 110m and JMU is 534 at 67m.

http://www.nacubo.org/Documents/Endowmen...142014.pdf

This list is depressing. Every time I look at it I see another thing that jumps out. There are a ton of schools above JMU that don't emphasize athletics. Perhaps we should have spent the Carr report dollars on a giving strategy consultant.

Notable Schools behind us in endowment:
George Mason (wow, I was surprised by this)
Northern Illinois
Eastern Michigan (FBS isn't everything)
St. Bonaventure (small private university that isn't filthy rich?!)
Arkansas State
Georgia Southern (6 I-AA titles hasn't helped their endowment)
So on and so forth.

Our endowment is trending in a positive direction and it is slightly improving in rank. It also rose 8M in a single year, which I believe it was a rise of 3M the year before. 100M is the immediate goal.

Not surprised Mason is behind JMU. They didn't build a dorm until 1986. It will be interesting to watch the endowment race over the next 10 years. Masters Champ vs. Lawyer.

Not many would be surprised that 1-AA championships haven't helped Ga. Southerns endowment. I think there is a million view thread around here somewhere pointing that out every other post. Only thing less surprising is that Donald Sterling's a bigot.

How soon is immediate in the goal to get to $100M?

(05-19-2014 08:55 AM)JMUETC Wrote:  How soon is immediate in the goal to get to $100M?

I am a complete amateur and I'm sure someone will point out how wrong I am, but I feel like 100M is attainable within 5 years. That would require an average of 6.6M/year increase.
I feel like that is "attainable".

(05-19-2014 09:11 AM)Potomac Wrote:  

(05-19-2014 08:55 AM)JMUETC Wrote:  How soon is immediate in the goal to get to $100M?

I am a complete amateur and I'm sure someone will point out how wrong I am, but I feel like 100M is attainable within 5 years. That would require an average of 6.6M/year increase.
I feel like that is "attainable".

Yep. Certainly seems doable. Has this goal been posted and I missed it or is part of some of the upcoming campaigns?

(05-19-2014 09:11 AM)Potomac Wrote:  

(05-19-2014 08:55 AM)JMUETC Wrote:  How soon is immediate in the goal to get to $100M?

I am a complete amateur and I'm sure someone will point out how wrong I am, but I feel like 100M is attainable within 5 years. That would require an average of 6.6M/year increase.
I feel like that is "attainable".

That should be a minimum threshold since it is "attainable". The goal should be something more ambitious like doubling the $67.000M within 5 years ($13.400M per year average). That would be a solid target for a goal, and although it is much higher, it certainly isn’t out of the realm of possibilities with the right ambition and message. A more strategic target should be $250.000M in 10 years. We will keep graduating students and people will keep dying who can donate their estates to the school.

(05-19-2014 09:38 AM)JMaddy Wrote:  

(05-19-2014 09:11 AM)Potomac Wrote:  

(05-19-2014 08:55 AM)JMUETC Wrote:  How soon is immediate in the goal to get to $100M?

I am a complete amateur and I'm sure someone will point out how wrong I am, but I feel like 100M is attainable within 5 years. That would require an average of 6.6M/year increase.
I feel like that is "attainable".

That should be a minimum threshold since it is "attainable". The goal should be something more ambitious like doubling the $67.000M within 5 years ($13.400M per year average). That would be a solid target for a goal, and although it is much higher, it certainly isn’t out of the realm of possibilities with the right ambition and message. A more strategic target should be $250.000M in 10 years. We will keep graduating students and people will keep dying who can donate their estates to the school.

The only thing more depressing than JMU's alliegence to the CAA and the revolving door, APR dumpster fire hoops team is the fact that I need to die to help JMU reach their endowment targets :-)


Posted from my mobile device using the CSNbbs App

(05-19-2014 10:17 AM)JMUETC Wrote:  

(05-19-2014 09:38 AM)JMaddy Wrote:  

(05-19-2014 09:11 AM)Potomac Wrote:  

(05-19-2014 08:55 AM)JMUETC Wrote:  How soon is immediate in the goal to get to $100M?

I am a complete amateur and I'm sure someone will point out how wrong I am, but I feel like 100M is attainable within 5 years. That would require an average of 6.6M/year increase.
I feel like that is "attainable".

That should be a minimum threshold since it is "attainable". The goal should be something more ambitious like doubling the $67.000M within 5 years ($13.400M per year average). That would be a solid target for a goal, and although it is much higher, it certainly isn’t out of the realm of possibilities with the right ambition and message. A more strategic target should be $250.000M in 10 years. We will keep graduating students and people will keep dying who can donate their estates to the school.

The only thing more depressing than JMU's alliegence to the CAA and the revolving door, APR dumpster fire hoops team is the fact that I need to die to help JMU reach their endowment targets :-)


Posted from my mobile device using the CSNbbs App

That can be arranged, you know.

(05-19-2014 06:20 AM)HotHamandCheese84 Wrote:  

(05-18-2014 11:29 PM)CISDuke2014 Wrote:  

(05-18-2014 11:57 AM)HotHamandCheese84 Wrote:  

(05-18-2014 11:46 AM)DoubleDDuke Wrote:  Donations from current students aren't going to move the needle a millimeter. Sorry, not to be a downer but that's just not going to make a difference.

You are correct. We encourage giving by students and get them used to making a class gift with the goal of getting 75% participation from the class. We build on that relationship when they are alumni. We take their $50 donation as a senior and build it to $75 and then to $100 and so on and so on. When they are successful, they become larger donors because they see the ROI.

Gentlemen, I am sorry but as a current student I take offense to that statement. While our donations (I personally give $100 a quarter back to the business school) may not seem like much I can promise you they do make a difference (every penny counts). I have sat with my department head and seen what my money is doing and what it is going to provide.

Also, in the end as we get into the routine of donating to JMU and increase our income, our giving to JMU should increase proportionally as well. So while it may not move the needle much now in the end it still helps and should help dramatically in the future.

Last point, while at work 2 weeks ago, I served a party of JMU admin who had visitors from VCU. I overheard many plans about increasing donations and how they are working on plans to engage current students as well as recent alums. Onc fact that I found pretty interesting is JMU's student giving rate is 10% which sadly is higher then the percentage of alumni that give back.

Thank you for stepping up and hopefully you can convince others to do the same. Getting student giving to over 50% can happen quickly (within 3 years) and to 75% within 5 years with the right roll out. The Millennials are generous but a case needs to be made for them to part with cash. They won't just give out of a since of loyalty as a general rule, nor should they. We also need to do a better job building relationships between current students and alumni (mentoring) and that will increase donations.

I do my best to give back, both academically and athletically and get others involved. It's hard for me as a non-traditional student, it's hard to connect with the normal 18-22 year old. JMU has given me so much, the Madison Forever fund has helped me stay at JMU.

I agree that there is a lot more that can be done to engage students while still here and mentoring could be very helpful, I know I would jump at the opportunity to work with/be mentored by an alum to help better myself. But that can also be a two way street, it helps the student but the alum also gets to stay involved with JMU and hopefully that means an increase in donations cause the alum can see what they are giving too.

(05-19-2014 08:42 AM)Purplehazed Wrote:  We are same JMU student, 15 years separated. A big difference, I caught the tail end of the Carrier presidency. My not so big donations have added up to an amount that matters over 15 years.

When Carrier walked through campus he was greeted like a rock star and his vision for JMU was clear, for example, the CISAT campus.

Carrier told me three years ago, "if I were the president, JMU would be in the Big East"...true or not, this is what bold leadership backed by full tilt effort to evolve the university looks like and it creates loyalty with JMU alum...We've been served 16 years worth of plain vanilla and we are on our second serving...

I have no doubt that JMU is working on a strategic plan, the problem is JMU needs to be working at a strategic plan...

JMU's leaders are state bureaucrats, they think that working on a perpetual vision is the job, it is for the $60K staffers. The leaders don't understand that results are the job of well paid leaders. They get their fat paychecks regardless and they are very comfortable, too comfortable based on the past 15+ years of endowment results.

I couldn't agree more. Thing is what little bit I heard in the meeting gave me hope that the change will come sooner then later. The alumni base and passion among alums is there now if JMU could just get the leadership to harness that passion.....

(05-19-2014 10:17 AM)JMUETC Wrote:  

(05-19-2014 09:38 AM)JMaddy Wrote:  

(05-19-2014 09:11 AM)Potomac Wrote:  

(05-19-2014 08:55 AM)JMUETC Wrote:  How soon is immediate in the goal to get to $100M?

I am a complete amateur and I'm sure someone will point out how wrong I am, but I feel like 100M is attainable within 5 years. That would require an average of 6.6M/year increase.
I feel like that is "attainable".

That should be a minimum threshold since it is "attainable". The goal should be something more ambitious like doubling the $67.000M within 5 years ($13.400M per year average). That would be a solid target for a goal, and although it is much higher, it certainly isn’t out of the realm of possibilities with the right ambition and message. A more strategic target should be $250.000M in 10 years. We will keep graduating students and people will keep dying who can donate their estates to the school.

The only thing more depressing than JMU's alliegence to the CAA and the revolving door, APR dumpster fire hoops team is the fact that I need to die to help JMU reach their endowment targets :-)

Remember your school spirit.

(05-19-2014 01:12 PM)CISDuke2014 Wrote:  

(05-19-2014 06:20 AM)HotHamandCheese84 Wrote:  

(05-18-2014 11:29 PM)CISDuke2014 Wrote:  

(05-18-2014 11:57 AM)HotHamandCheese84 Wrote:  

(05-18-2014 11:46 AM)DoubleDDuke Wrote:  Donations from current students aren't going to move the needle a millimeter. Sorry, not to be a downer but that's just not going to make a difference.

You are correct. We encourage giving by students and get them used to making a class gift with the goal of getting 75% participation from the class. We build on that relationship when they are alumni. We take their $50 donation as a senior and build it to $75 and then to $100 and so on and so on. When they are successful, they become larger donors because they see the ROI.

Gentlemen, I am sorry but as a current student I take offense to that statement. While our donations (I personally give $100 a quarter back to the business school) may not seem like much I can promise you they do make a difference (every penny counts). I have sat with my department head and seen what my money is doing and what it is going to provide.

Also, in the end as we get into the routine of donating to JMU and increase our income, our giving to JMU should increase proportionally as well. So while it may not move the needle much now in the end it still helps and should help dramatically in the future.

Last point, while at work 2 weeks ago, I served a party of JMU admin who had visitors from VCU. I overheard many plans about increasing donations and how they are working on plans to engage current students as well as recent alums. Onc fact that I found pretty interesting is JMU's student giving rate is 10% which sadly is higher then the percentage of alumni that give back.

Thank you for stepping up and hopefully you can convince others to do the same. Getting student giving to over 50% can happen quickly (within 3 years) and to 75% within 5 years with the right roll out. The Millennials are generous but a case needs to be made for them to part with cash. They won't just give out of a since of loyalty as a general rule, nor should they. We also need to do a better job building relationships between current students and alumni (mentoring) and that will increase donations.

I do my best to give back, both academically and athletically and get others involved. It's hard for me as a non-traditional student, it's hard to connect with the normal 18-22 year old. JMU has given me so much, the Madison Forever fund has helped me stay at JMU.

I agree that there is a lot more that can be done to engage students while still here and mentoring could be very helpful, I know I would jump at the opportunity to work with/be mentored by an alum to help better myself. But that can also be a two way street, it helps the student but the alum also gets to stay involved with JMU and hopefully that means an increase in donations cause the alum can see what they are giving too.

I can help connect you with a mentor. Let me know your major and your interests and I will work on it. You can PM me or we can do this on a public forum. Whatever works for you. You can e-mail me as well at sbrown5683@gmail.com.

(05-19-2014 10:07 PM)HotHamandCheese84 Wrote:  

(05-19-2014 01:12 PM)CISDuke2014 Wrote:  

(05-19-2014 06:20 AM)HotHamandCheese84 Wrote:  

(05-18-2014 11:29 PM)CISDuke2014 Wrote:  

(05-18-2014 11:57 AM)HotHamandCheese84 Wrote:  You are correct. We encourage giving by students and get them used to making a class gift with the goal of getting 75% participation from the class. We build on that relationship when they are alumni. We take their $50 donation as a senior and build it to $75 and then to $100 and so on and so on. When they are successful, they become larger donors because they see the ROI.

Gentlemen, I am sorry but as a current student I take offense to that statement. While our donations (I personally give $100 a quarter back to the business school) may not seem like much I can promise you they do make a difference (every penny counts). I have sat with my department head and seen what my money is doing and what it is going to provide.

Also, in the end as we get into the routine of donating to JMU and increase our income, our giving to JMU should increase proportionally as well. So while it may not move the needle much now in the end it still helps and should help dramatically in the future.

Last point, while at work 2 weeks ago, I served a party of JMU admin who had visitors from VCU. I overheard many plans about increasing donations and how they are working on plans to engage current students as well as recent alums. Onc fact that I found pretty interesting is JMU's student giving rate is 10% which sadly is higher then the percentage of alumni that give back.

Thank you for stepping up and hopefully you can convince others to do the same. Getting student giving to over 50% can happen quickly (within 3 years) and to 75% within 5 years with the right roll out. The Millennials are generous but a case needs to be made for them to part with cash. They won't just give out of a since of loyalty as a general rule, nor should they. We also need to do a better job building relationships between current students and alumni (mentoring) and that will increase donations.

I do my best to give back, both academically and athletically and get others involved. It's hard for me as a non-traditional student, it's hard to connect with the normal 18-22 year old. JMU has given me so much, the Madison Forever fund has helped me stay at JMU.

I agree that there is a lot more that can be done to engage students while still here and mentoring could be very helpful, I know I would jump at the opportunity to work with/be mentored by an alum to help better myself. But that can also be a two way street, it helps the student but the alum also gets to stay involved with JMU and hopefully that means an increase in donations cause the alum can see what they are giving too.

I can help connect you with a mentor. Let me know your major and your interests and I will work on it. You can PM me or we can do this on a public forum. Whatever works for you. You can e-mail me as well at sbrown5683@gmail.com.

I'm going to go out on a limb and guess his major is CIS

http://m.tickld.com/x/angry-graduate-jus...-to-agree-

Good response.

(05-20-2014 07:29 PM)5000DOLLARBILL Wrote:  http://m.tickld.com/x/angry-graduate-jus...-to-agree-

Good response.

Wellllll, okay. I'd hope he/she took away a little more than his HS friends that went to truck driving school. Perhaps not, and not defending the redonculous increases in tuition the past 10+ years or more, but this sounds a little "canned". J/S.