Annual Fund and Alumni Engagement Report
2022–23Honor Rolls
Caroline Karr, ’88
Chief Advancement and Strategy Officer
Your Gifts to the Annual Fund
Made the Following Possible
Curricular Innovation
As we celebrate the 125th anniversary of Booth’s founding, The Chicago Approach continues to serve as the model for excellence in business education. Our faculty are scholars on the forefront of their fields, which allows for our curriculum to constantly evolve. Popular new courses among students this year included Entrepreneurship in Healthcare and Life Sciences (taught by Brian Coe, LAB ’87, MBA ’99); Blockchain, Cryptocurrencies, and Web 3 (taught by Anthony Zhang, AB ’13, and Anup Malani, AM ’96, JD ’00, PhD ’03); and Decoding FinTech (taught by Dacheng Xiu).
Global Initiatives
In October 2022, Raghuram G. Rajan was named the inaugural Rothman Faculty in Residence in London for the 2023 Spring Quarter. The program’s primary goal is to strengthen and broaden Booth’s visibility in London and across the EMEA region, while enhancing opportunities for the school to expand its impact. The program was named in recognition of a generous gift from Robert Rothman, ’77, which also supports the school’s London campus more broadly. In April 2023, to celebrate Booth’s 125th anniversary, Professor Rajan hosted “Beyond the Annual Report” in London—you can view the recording here.
Faculty Research
This has been a particularly exciting year for our faculty, with Professor Douglas W. Diamond’s win of the 2022 Nobel Prize in Economic Sciences. One of the world’s leading authorities on bank runs and liquidity crises, Professor Diamond was honored for pioneering research that laid the groundwork for how central bankers, regulators, policymakers, and academics approach modern finance. Ten Chicago Booth faculty members have won the award, beginning in 1982 with George Stigler, PhD ’38. Four Nobel laureates currently teach on our faculty—more than at any other business school.
Scholarships
Through the continued generous support of alumni and friends at Booth, we are able to help our students unlock their true potential through programs like the 1898 Scholarship. Recent graduate Olamide Babatunde, ’23, an 1898 Scholarship recipient and one of this year’s UChicago Obama Scholars, shared, “I am so grateful to have received the 1898 Scholarship during my time at Chicago Booth. Philanthropy is a tool of empowerment in my eyes and a way for donors to embrace Booth’s key value of ‘paying it forward.’ I’m looking forward to doing the same once I join the alumni community at Booth.”
Annual Fund Progress
Events and Highlights
Alumni Communities
With more than 56,000 alumni living and leading in 120 countries, our alumni community extends around the globe and into every industry and function. This year, 7,701 unique attendees engaged in 449 Booth events—110 of which were organized by alumni communities and organizations. To more than 450 alumni volunteer leaders, we express our thanks for their efforts which are critical to keeping Booth’s worldwide network connected.
Reconnect 2023
Alumni, friends, and community members gathered in Chicago for a weekend of reminiscing with classmates, learning from top business leaders and scholars, and celebrating Chicago Booth. Here are some key numbers from a fun-filled weekend together.
- Nearly 3,100 reunion attendees exceeded participation of all previous Reconnect weekend celebrations.
- 1,000+ attendees gathered to hear Management Conference’s keynote conversation with Satya Nadella, ’97, chairman and CEO of Microsoft.
- 2,000+ Booth alumni, friends, and family members gathered to celebrate Booth’s 125th anniversary at Wrigley Field.
- More than 1,900 reunion alumni participated in their class reunion campaigns, collectively raising nearly $10.5 million.
- The class of 2008 set a new record for donor participation for a 15th reunion; the class of 1983 set a new record for donor participation for a 40th reunion.
Stevens Doctoral Program’s 100th Anniversary Celebration
On May 12–13, we celebrated the Stevens Doctoral Program’s centennial milestone and reflected on the tremendous impact PhD faculty, students, and alumni have made on research and business education throughout the decades. In this spirit, we were excited to announce that notable entrepreneur and philanthropist Ross Stevens, PhD ’96, made a gift of $100 million to our program. Stevens spoke with conference attendees in a conversation moderated by Dean Madhav Rajan during the celebration’s gala dinner.
Global Booth Day
Alumni and students gathered across the globe on September 22, 2022, to celebrate their Booth pride and make Global Booth Day a great success! More than 1,100 Boothies joined together from over 40 countries for a day of networking and reconnecting with the Booth community.
Donor Day
In the season of thanks, on November 17, 2022, we took the day to specially recognize the more than 35,000 alumni donors who have given back to the school. As a part of this celebration, we asked some of our most dedicated alumni donors to share what they are thankful for.
Giving Day 2023
We set a very ambitious goal to reach 1,250 gifts in honor of Chicago Booth’s 125th Anniversary, and incredibly, alumni, faculty, staff, students, and friends gave back and surpassed that goal on Giving Day!
total donors raised $862,055—Booth’s highest Giving Day participation to date!
donors live outside of the US—more than double compared to last Giving Day!
of this year's Giving Day donors also gave during the last Giving Day.
current Booth students and 113 staff and faculty participated in Giving Day.
125th Anniversary Challenge
More than 25 leaders have each given $125,000 in celebration of Chicago Booth’s milestone. Their commitments match all 2023 gifts of $2,500 and more—and inspired participation from more than 1,250 donors on Giving Day 2023.
This challenge will remain open throughout the anniversary year and close December 31, 2023. Track progress, view sponsors, and join the challenge at chicagobooth.edu/125-challenge.
Thank you for your continued support
Annual Fund Ways to Give
Phone
You can make a gift over the phone at 1.800.955.0065
Mail
The University of Chicago
Gift Administration and Business Data
5235 S. Harper Court
4th Floor
Chicago, IL 60615
Securities & Wire Transfers
securitiesgifts@uchicago.edu
Contact
We strive to make sure all donors to Chicago Booth are appreciated and recognized correctly. For any update requests, please contact us directly at 773.702.7747 or theannualfund@chicagobooth.edu.
Advancement and Alumni Relations Leadership Team
First HIDDEN
Patricia Hill
Senior Director, US and Global Individual Giving
212.218.4283
patricia.hill@chicagobooth.edu
Lisa Miller
Senior Director, Operations, Communications, and Events
773.702.8525
lisa.miller@chicagobooth.edu
Adam Niermann
Senior Director, Leadership and Annual Giving
773.702.7571
adam.niermann@chicagobooth.edu
Alyson Schumacher
Senior Director, Advancement Services
773.702.7548
alyson.schumacher@chicagobooth.edu
Katie Tkach
Senior Director, US and Global Individual Giving
773.702.7259
katie.tkach@chicagobooth.edu
Annie White
Senior Director, Alumni Relations
773.702.9342
annie.white@chicagobooth.edu
If you have questions, call our team at 773.702.7747 or send an email to theannualfund@chicagobooth.edu.