Boise State’s Silver Medallion: A Legacy of Philanthropy and the Rising Tide of Alumni Engagement
Boise State University recently honored Brandy Stemmler and Mike and Lori Mers with the prestigious Silver Medallion Award, recognizing their sustained commitment and significant contributions to the university. This isn’t just a feel-good story; it’s a bellwether of a growing trend: the increasing importance of alumni and community involvement in shaping the future of higher education.
The Evolving Role of University Foundations
For decades, university foundations have been vital for fundraising. However, their role is rapidly expanding. They’re now key strategic partners, actively involved in long-term planning, investment management, and even talent acquisition. The Boise State University Foundation, as highlighted by CEO Argia Beristain, isn’t simply receiving donations; it’s leveraging the expertise of individuals like the Merses and Stemmler to guide the university’s trajectory.
This shift is driven by several factors. State funding for higher education has been declining nationally. According to a report by the Center on Budget and Policy Priorities, state funding per student is significantly lower now than it was before the 2008 recession. This necessitates a greater reliance on private support. Furthermore, donors are increasingly seeking to have a tangible impact, wanting to be involved in the institutions they support, not just write a check.
Beyond Financial Contributions: The Power of Expertise
The Silver Medallion recipients exemplify this trend. Brandy Stemmler’s background in healthcare and her board experience with organizations like Saint Alphonsus Regional Medical Center bring invaluable insights to Boise State’s College of Health Sciences. Mike Mers’s expertise in finance, as founder and CEO of Aspen Capital Management, is crucial for the Foundation’s Investment Committee.
This focus on skills-based philanthropy – offering time, expertise, and networks – is gaining momentum. Organizations like BoardMatch are specifically designed to connect skilled professionals with non-profit boards, demonstrating the demand for this type of engagement. Universities are actively seeking individuals with specific industry knowledge to advise on curriculum development, research initiatives, and career services.
Did you know? Studies show that volunteers are more likely to become long-term donors. Engaging alumni through meaningful roles fosters a deeper connection to the university and increases the likelihood of future financial support.
The Impact of Alumni Networks and Entrepreneurial Success
The story of Mike and Lori Mers is particularly compelling. Meeting at Boise State and building a successful business, Aspen Capital Management, demonstrates the power of the university’s ecosystem. Their continued involvement isn’t just about giving back; it’s about investing in the future of the institution that helped them thrive.
This aligns with a broader trend of universities actively fostering entrepreneurial ecosystems. Many institutions now have dedicated innovation hubs, business incubators, and venture capital funds to support student and alumni startups. Successful alumni entrepreneurs often become mentors and investors, creating a virtuous cycle of innovation and economic development.
Philanthropy and Community Engagement: A Symbiotic Relationship
Brandy Stemmler’s extensive involvement in the Boise community – from the Idaho Humane Society to the Idaho Shakespeare Festival – highlights the interconnectedness of university philanthropy and broader civic engagement. Individuals who are actively involved in their communities are more likely to support institutions like Boise State, recognizing their role in fostering a vibrant and thriving society.
Pro Tip: Universities can strengthen their ties with the community by partnering with local organizations on joint initiatives and offering volunteer opportunities for students and alumni.
Looking Ahead: The Future of University Support
The trends highlighted by the Silver Medallion Awards suggest a future where university support is increasingly characterized by:
- Strategic Partnerships: Universities will forge deeper partnerships with alumni, corporations, and community organizations.
- Skills-Based Philanthropy: The demand for expertise and mentorship will continue to grow.
- Impact Investing: Donors will increasingly seek to invest in projects with measurable social and economic returns.
- Data-Driven Engagement: Universities will leverage data analytics to personalize engagement strategies and identify potential donors and volunteers.
FAQ
Q: What is the Silver Medallion Award?
A: It’s Boise State University’s highest honor for individuals who have demonstrated sustained service and significant contributions to the university.
Q: Why is alumni engagement important for universities?
A: Alumni engagement provides crucial financial support, expertise, mentorship, and advocacy.
Q: What is skills-based philanthropy?
A: It involves donating time, expertise, and networks to organizations, rather than just financial contributions.
What are your thoughts on the evolving role of alumni in higher education? Share your perspective in the comments below!
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