Dive into the Purdue University ethos with "This Is Purdue," as Kate Young sits down with Matt Folk, President and CEO of the Purdue for Life Foundation, to discuss the foundation's role in shaping the university's future and supporting its community. Learn about the astonishing success of the 2023 Day of Giving which raised a groundbreaking $110.8 million - a testament to the persistent generosity of the Boilermaker spirit.
While delving into Purdue's unique culture, this episode highlights the ambitious goals and proud traditions that define the university. As Folk describes Purdue's dedication to lifelong learning and global impact, listeners will gain insight into the powerful community connections and the unwavering alumni network that continue to support and inspire the university's students and faculty. Join in to understand how events like Grandparents University and the Day of Service play crucial roles in strengthening the bonds among Boilermakers across generations.
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Purdue University's fundraising initiatives, led by Purdue for Life Foundation's President and CEO Matt Folk, significantly enhance the institution and student experiences. The annual Day of Giving event is particularly notable, having raised an extraordinary $110.8 million in 2023, which contributes to a total of $420.5 million since 2014. Folk, who consolidated multiple alumni groups into the Purdue for Life Foundation, has had an immense impact, including increasing the number of scholarships available to Purdue students. These efforts illustrate the transformative power of donations in enriching the Purdue community and providing opportunities for future Boilermakers.
The Purdue for Life Foundation is dedicated to fostering lifelong connections with the university and enabling the Purdue community to give back. The foundation has been pivotal in keeping the Purdue network engaged and active, evidenced by the increase in donations that support student initiatives, including maintaining frozen tuition since 2012. In fiscal year 2023, the foundation raised over $610 million, marking a 50% growth in donations since their last campaign ended in 2019. These achievements underscore the success of the foundation's commitment to the betterment of Purdue University.
The culture at Purdue is characterized by a strong work ethic, community spirit, and tradition of alumni support. Matt Folk emphasizes the university's focus on grit and resilience, noting students' pride in their achievements and their readiness to overcome challenges. He recalls the camaraderie among students and faculty and the special bond they share, which is a testament to the thriving Boilermaker community. This culture is further exemplified by the alumni's desire to "pay it forward," providing support for the succeeding generations and maintaining Purdue's enduring ethos of determination and collective support.
Purdue University hosts events that foster community engagement, such as the Grandparents University in the summer, which is expected to attract around 1,000 grandparents and grandchildren in 2024. These events are integral to reinforcing the university's strong community bonds, offering both educational and fun experiences that connect past, present, and future Boilermakers. Additionally, the Day of Service is another community event separate from the Day of Giving, further emphasizing the inclusive and communal spirit of Purdue.
1-Page Summary
At Purdue University, donations have a profound influence on student opportunities and the advancement of the institution—a reality underscored by Matt Folk, President, and CEO of Purdue for Life Foundation.
Drawing on the roles and initiatives under Matt Folk's leadership, the report illuminates how vital fundraising is to the university’s ecosystem.
One of Purdue University's hallmark fundraising events is the annual Purdue Day of Giving, which has garnered record-breaking sums. In 2023 alone, this event rasied an unprecedented $110.8 million, with a commendable cumulative total of $420.5 million since its inception in 2014. Under Matt Folk's guidance, Purdue for Life not only spearheaded this innovative fundraising model but also extended support to other universities looking to establish similar initiatives through a startup called State of WOW.
Folk initiated a significant restructuring by merging various Purdue alumni-facing organizations, such as the Purdue Alumni Association, President's Council, and the John Purdue Club, into the singular Purdue for Life Foundation. This unification aims to amplify alumni engagement and to maintain robust relationships with Purdue alumni throughout their lives.
Although no ...
Fundraising/Donations at Purdue and the Impact
Purdue for Life Foundation emphasizes its mission to assist the Purdue community in maintaining a lifelong connection with the university and contributing back through various channels.
The foundation's main goal is to help everyone who is a part of Purdue—whether they are alumni, students, or faculty—to stay connected, get involved, and give back to the community. This effort helps keep the Purdue community thriving and includes contributions to various aspects such as the building of new facilities on campus and offering of scholarships. Additionally, the foundation facilitates lifelong connections between Purdue and its alumni, encouraging engagement through clubs, affinity networks, and other communities.
Matt Folk notes a significant reduction in alumni asking to disconnect from university communications, suggesting that Purdue for Life's engagement strategies are succeeding in strengthening the bonds within the community.
Donations to the Purdue for Life Foundation have been instrumental in supporting initiatives like Purdue’s frozen tuition, which has been in effect since 2012 and benefits students and their families. Folk discusses how donor support plays a crucial role in maintaining this tuition model and underscores the dramatic increase in student support from donations. He points out that support for students has skyrocketed from less than $10 million to $180 million within a year, highlighting the profound impact these contributions can have, especially for first-generation college families.
In fiscal year 2023, Purdue for Life has made a remarkable accomplishme ...
Purdue for Life Foundation Mission and Accomplishments
Purdue University, with its distinct culture, is defined by its dedicated work ethic, strong sense of community, and a tradition of alumni giving back to support future generations. Matt Folk, a member of the Purdue community, shares insights into what makes the Boilermaker spirit.
Matt Folk highlights the defining quality of Purdue's culture as grit. He gives an anecdote about the surprise of potential students and their parents upon seeing current students diligently studying on a Friday evening. This commitment to academics exemplifies the university's pronounced work ethic. Further emphasizing the Boilermaker spirit, Folk talks about how students aren't afraid to fail and how they embody resilience, standing ready to try again after setbacks, underscoring a community that takes pride in hard work and achievements.
Reflecting on his own experiences in the electrical engineering program, Folk recalls being part of a study group of about 15 to 20 people, all banding together to successfully navigate the demands of their studies. This not only shows the teamwork and support among students but also hints at the strong social bonds that are nurtured outside the classroom during moments of leisure and relaxation. Folk speaks fondly of the camaraderie within the Purdue community, characterizing Purdue ...
Defining Aspects of Purdue's Culture and Community
Purdue University facilitates multiple events that strengthen the ties within its extended community.
Each summer, Purdue University hosts the Grandparents University event, a unique intergenerational program that brings together grandparents and their grandchildren. This event allows them to experience the university environment together, participating in various educational and fun activities.
For the 2024 sessions of Grandparents University, approximately 1,000 participants are anticipated to engage in the activities prepared by Purdue. This impressive turnout underscores the strong communal ties and the imp ...
Events Bringing Together Purdue Community
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