Great Takes Grit: Cultivating Resilience to Supercharge Culture of Philanthropy
The past three years have been exceptionally challenging for the philanthropic sector. Market conditions have fluctuated drastically, and social conditions change every day. On March 13, 2020, at the very start of real social and economic uncertainty, the University of Southern Maine (USM) voted in their first Zoom meeting ever to proceed with a $46 million comprehensive campaign. In June 2023, USM closed their campaign over goal ($50 million raised) and two years ahead of schedule. In this session, we will explore how this public regional comprehensive university kept focused and resilient amidst turbulent market conditions, an unpredictable philanthropic environment, presidential and Cabinet-level transitions, and a challenging capital approval process. We will pose several scenarios to the audience for group discussion and hear from USM how they tackled these challenges and turned them into opportunities.