Another Bumper Year for Fundraising at Seton Hall
Over 8,500 Seton Hall donors stepped up to the plate in the 2022-23 fiscal year with philanthropic contributions totaling over $28.4 million, exceeding expectations. Alumni, faculty, staff, community members, religious, parents, students, and other friends of Seton Hall pitched in heart-felt gifts ranging from one dollar to $8 million. It was a show of faith and trust in the mission of this leading Catholic university: to prepare students to be leaders in their professional and community lives in a global society.
“At Seton Hall, we believe in each other, and we support each other,” said Interim President Katia Passerini, Ph.D. “We do this by providing education, real-world experiences, material resources, emotional and spiritual support, and other types of assistance designed to set our students on course for productive and fulfilling lives. We cannot do this without the financial support of the thousands of donors who invest in Seton Hall. Their kindness has immeasurable impact on the careers and lives of students, and for that we are grateful.”
The many generous gifts have supported dozens of University priorities and initiatives, most notably scholarships and financial aid, which garnered over $13 million in contributions. Students, faculty and administrative units across the University and in every School, College, division, and academic center or institute benefited from the banner year.
A few notable principal gifts include three planned gifts over $1 million each, which will benefit scholarships, the Stillman School of Business and the College of Nursing; a $2 million gift establishing an endowed professorship; two gifts of $750,000 and $1 million towards the upcoming new basketball practice facility, and two gifts of $450,000 and $500,000 for scholarship funding.
Seton Hall’s 6th Annual Giving Day in April (“Hall for One, One for Hall”) was the most successful Giving Day in the University’s history, with a 33% increase in philanthropic contributions over the previous year’s record-breaking total. With over 2,400 individuals contributing over $1.2M during the crowdfunding campaign, Pirates from around the globe again demonstrated their unparalleled loyalty and magnanimity.
Of the $28.4 million in gifts from individuals, foundations and corporations, over $16 million has been dedicated to endowed funds benefiting scholarships, faculty positions and academic programs. After finishing the fiscal year, the University now has a total of $130 million in gifts and pledges towards the comprehensive campaign, which is in its quiet phase.
“The momentum of generosity keeps building at Seton Hall,” said Jon Paparsenos ’99, Vice President for University Advancement. “Our students graduate, build successful careers, and then return to Seton Hall to pay it forward, grateful for the education, skills and support the University gave them when they were starting out. It’s an inspiring show of faith in Seton Hall and the next generation.”