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University of Nebraska Foundation history
University of Nebraska Foundation company history timeline
The University of Nebraska Foundation is a 501c3 nonprofit organization created in 1936 by community leaders who wanted to create excellence at the university not possible through state funding alone.
In 1937, the foundation’s first bequest came from the estate of former university faculty member, David R. Major, in the amount of $325.
In 1943, Perry W. Branch was hired as the first full-time employee, and the first office opened in the student union on the UNL campus.
Two years after the formal dedication of Love Library in 1947, another landmark was dedicated near the center of campus—the Mueller Carillon Tower.
Since the University became part of the Nebraska System in 1968, there has been a flurry of growth.
The first formal campaign was launched in 1977, with a $25 million goal.
In 1987, the Dow Jones Industrial collapsed 20 percent in a single day, prompting a serious look at the foundation’s investment policies and asset allocations.
In 1992, Kearney State College joined the University of Nebraska system.
Terry Fairfield retired as the foundation’s longest-serving CEO in 2008.
Brian F. Hastings joined the foundation as president and CEO in 2012.
Construction began in 2012 on UNO's new 60,000-square-foot Community Engagement Center, which will support and allow for further expansion of university-community partnerships.
A two-year initiative focused on broad support for students concluded in 2017 with $217 million given for scholarships, academic programs and student facilities.
An affiliation formed in 2018 with Nebraska Medicine enabled the foundation to manage development for the health network, which serves as UNMC’s clinical and research hospital partner.
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University of Nebraska Foundation competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| University of Nebraska System | 1869 | $200.0M | 10,000 | 7 |
| University of Arizona Foundation | 1958 | $118.7M | 350 | 776 |
| National Assn of College & University Attorneys | 1960 | $1.6M | 30 | - |
| Babson College | 1919 | $1.2M | 3,000 | 112 |
| Bentley University | 1917 | $288.1M | 2,310 | 78 |
| Association of Pennsylvania State College and University Faculties | 1937 | $10.0M | 20 | - |
| Neuhaus Education Center | 1980 | $10.0M | 20 | - |
| South Street Seaport Museum | 1967 | $2.5M | 7 | - |
| Science History Institute | 1982 | $50.0M | 1 | - |
| Park Avenue Armory | 2007 | $16.9M | 175 | 1 |
University of Nebraska Foundation history FAQs
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University of Nebraska Foundation may also be known as or be related to UN Foundation, University Of Nebraska Foundation and University of Nebraska Foundation.