IU's most prestigious donor recognition society, Presidents Circle, welcomes 183 new members
FOR IMMEDIATE RELEASE
BLOOMINGTON, Ind. -- Indiana University has inducted 183 individuals into its most prestigious donor recognition society, the Presidents Circle, which recognizes individuals whose lifetime giving has reached $100,000. IU President Michael A. McRobbie and IU Foundation President Dan Smith presided over today's ceremony.
"We are grateful for all of the wonderful people who help support the mission of Indiana University," said Dan Smith, president and CEO of the IU Foundation. "IU is a special place that improves countless lives through programs that are enabled by private support. Members of the Presidents Circle play a vital, formative role in the life story of the university."
Collectively, the 2013 inductees have given more than $32,359,443 to the university in their lifetimes. Of the 183 new inductees, 138 provided support for student scholarships and fellowships, 47 provided support for faculty, and 35 provided support for research.
New Presidents Circle members were presented with a personalized medallion that was cast with a portion of the original carillon bells that once rang in the IU Bloomington Student Building. In addition, their names were added to the honor wall in the Indiana Memorial Union.
Established in 1992, the Presidents Circle is named for IU presidents, from first president Andrew Wylie to current president McRobbie.
Founded in 1936, the IU Foundation maximizes private support for the university by fostering lifelong relationships with key stakeholders and providing advancement leadership and fundraising services for campuses and units across the university.
Today, the IU Foundation oversees one of the largest public university endowments in the country with a market value of nearly $1.7 billion. In fiscal year 2013, IU received $305.9 million in support from the private sector. IU is consistently ranked among the top four of Big Ten universities in annual voluntary support.
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