Overview of LSE Advancement
The purpose of LSE Advancement is two fold:
to build lifelong, mutually beneficial relationships between the School and its alumni,
to advance the philanthropic health of the School.
The School’s academic, professional services and executive leaders all play key roles in achieving these goals. This will allow us to build relationships for the benefit of everyone at the School, and maximise opportunities for constituents to support LSE with their time, their contacts and their wealth.
Within Advancement, the Annual Fund, development, and foundation partnership teams are focused on generating philanthropic gifts for strategic School funding priorities from alumni, friends, corporate organisations, trusts, foundations and other charitable entities.
The aim of the alumni relations programme is to engage our closest supporters with each other and the School, to provide opportunities to volunteer their time, expertise, contacts and wealth to keep the School strong now, and build capacity for the future. Whilst this will focus mainly on alumni of the School, Advancement will also work with current students, parents, friends and family where appropriate. LSE Advancement holds a database of over 122,000 contactable alumni in over 190 countries worldwide.
LSE Advancement is responsible for soliciting philanthropic gifts on behalf of the School and fully responsible for processing gifts and philanthropic grants from individuals and organisations
Research Division is responsible for generating research grants that are typically based on a research contract and often, but not exclusively, publicly funded
Business Partnerships (within Research Division) is responsible for developing long-term partnerships with business organisations
LSE Advancement is responsible for the screening and recording of all potential donors irrespective of source
LSE Advancement will focus on major and transformative gift opportunities, which are integrated with institutional planning and academic priorities, and are aligned with donor data.
LSE Advancement will work with the Faculty Advisory Committee on Advancement to develop acase for support and by re-establishing the framework and goals of fundraising at the School. These opportunities will include those in the areas of campus development, student support, academic initiatives and building a sustainable future through endowments.
LSE Advancement seeks to raise funds for scholarships at all levels of study. In 2013-14, nearly £2.75 million of philanthropically-funded scholarships were made to students.
LSE Advancement seeks funding that will have an impact on academic life at the School, such as support for professorships, faculty posts and research within LSE's academic departments and research centres, and for individual programmes.
LSE Advancement and governance
LSE Advancement reports directly to the LSE Director through the Director of LSE Advancement. There are four committees and groups which LSE Advancement works with closely. For further information see governance.
North American office
LSE Advancement has an office in New York City in the United States which seeks support for the LSE Foundation and the LSE Centennial Fund.