Admirers and alums have supplied unparalleled levels of guidance for the Cardinal in the previous yr to assistance college student-athletes attain excellence in all 36 varsity athletics. Gifts from 3 family members led the way, with a complete of $40 million in contributions from Carrie Walton Penner, MA ’97, and Greg Penner, MBA ’97 Elizabeth and Bruce Dunlevie, MBA ’84 and Mindy, ’84, ’MBA ’88, and Jesse Rogers, ’79.
Their determination arrived mainly in the type of matching funds to inspire gifts from others, which has led to new scholarships for university student-athletes, coachships to assist the Cardinal retain and recruit coaches and programmatic money to bolster teams. A part of the families’ combined items also will support renovations to Maples Pavilion, like enhancements to locker rooms and areas for diet and sports drugs programs.
A different present from Gene Sykes, MBA ’84, and his relatives encouraged Cardinal donors to add to the Buck/Cardinal Club or any of the 36 Cardinal groups. The “Home of Champions Problem,” which took spot all through the Tokyo 2020 Olympics last summer months, produced help from hundreds of enthusiasts, who leveraged the match to double their contributions for college student-athletes.
“I am immensely grateful for the outpouring of assistance from Stanford alumni and supporters, and deeply appreciative of the management shown by the Penner, Dunlevie, Rogers and Sykes people,” claimed Stanford President Marc Tessier-Lavigne. “These households gave not only generously but strategically, generating possibilities for a lot of other folks to be a part of jointly in supporting the university’s determination to athletic excellence.”
Completely, donors committed a full of $76 million to Stanford Athletics in 2020-21, producing it the most prosperous fundraising calendar year in the heritage of Cardinal Athletics. Latest presents have provided programmatic money and coachships for numerous sports, including wrestling, discipline hockey, men’s volleyball, women’s basketball and baseball.
A path ahead for all 36 sporting activities
“Alumni have revealed an totally new stage of curiosity in giving to athletics, and their support has shifted Stanford Athletics into a a great deal more robust placement,” claimed Jon Denney, Stanford’s vice president for advancement.
Stanford’s motivation to the future of all 36 sports activities will require a sustained fundraising exertion, nonetheless, as the economic challenges dealing with Stanford Athletics stay in put. “In order to pursue athletic excellence at the optimum amount, we estimate needing at the very least $300 million in extra philanthropic support around the following couple of yrs,” Denney said.
Substantially of the wide assist for athletics came in reaction to the announcement that Stanford would be capable to reverse a 2020 determination to discontinue 11 athletics. In part, that decision was built attainable due to the fact alumni, mother and father and other donors experienced stepped forward with pledges of $30 million, spurred by a team referred to as 36 Athletics Potent.
And with the pandemic slowly but surely lifting its shadow on competitions, there is rationale for optimism.
“The unbelievable dedication of Cardinal followers evokes our student-athletes every day,” stated Bernard Muir, who is the Jaquish & Kenninger Director of Athletics. “Our student-athletes proceed to excel each athletically and academically, and the Cardinal trustworthy are vital to both of those our latest and extensive-time period accomplishment.”
Philanthropists top the way
The family members who stepped ahead with major gifts for the Cardinal are longtime supporters of Stanford whose items and volunteer service have benefited a lot of pieces of campus.
Carrie Walton Penner serves on the board of the Walton Spouse and children Basis and as a member of Stanford’s Board of Trustees she also has served on the Graduate School of Instruction Advisory Council and the Gardner Heart Advisory Board. Greg Penner is the chair of Wal-Mart Suppliers. He has served on the Stanford Athletic Board, the DAPER Expenditure Fund and the Graduate School of Small business Advisory Council. Jointly, they have manufactured gifts supporting Athletics, the Hoover Institution and the Graduate School of Schooling.
Elizabeth Dunlevie is board chair at the Lucile Packard Basis for Children’s Well being and a board member at Packard Children’s Healthcare facility. Bruce Dunlevie is a general associate in Woodside-primarily based Benchmark Cash he has served on the Board of Trustees of Stanford University and as chairman of the board of Stanford Management Organization. Their gifts have supported Packard Children’s Hospital, Stanford Medication, the humanities and the Knight-Hennessy Students Application.
Mindy Rogers serves on Stanford’s Board of Trustees and is chair of the board’s Committee on Athletics. She is a member of the Haas Center’s National Advisory Board, the board of administrators at Stanford Health care, the Lucile Packard Children’s Medical center, and the Lucile Packard Basis for Children’s Health and a past member of the Graduate College of Training Advisory Council. Jesse Rogers is a taking care of director of Altamont Money Associates in Palo Alto and serves as vice chair of the advisory board of the Stanford Institute for Economic Policy and Exploration. He served on the Govt Committee of the Stanford Athletic Board and chaired the Technique Committee of the DAPER Investment decision Fund. Alongside one another, they have served on the Parents’ Advisory Board and have generously supported many locations at Stanford, including the arts, athletics, the Graduate Faculty of Schooling, the Graduate University of Business and funds for both of those undergraduate and graduate pupils.
Gene Sykes, a member of Stanford’s Board of Trustees, is a managing director at Goldman Sachs and was instrumental in securing the 2028 Summertime Olympics for the United States as CEO of LA28. He is also a member of the board’s Exclusive Committee on Financial commitment Obligation, a member of the Graduate University of Business enterprise Advisory Council and previously served on the Faculty of Earth Sciences Job Drive, the Progress Task Pressure for Volunteer Engagement and as a course reunion marketing campaign chair. He and his spouse, Tracy Moritz Sykes, have supported the Graduate College of Business and endowed the Sykes Loved ones Emmett Interdisciplinary Method in Surroundings and Sources Directorship Fund.