Donors Report 2020

Thank you for your generous support of INSEAD this year. With every gift, you are sustaining our mission and bringing our values, vision and ventures to life. Together, let’s transform the world.

From the Dean Donor Honour Roll

Year at a Glance

€76.6M
in gifts and pledges
42%
alumni Campaign participation reached
€60M
largest gift ever received from an alumnus
€2.9M from 2,045 donors
in gifts and pledges - a Dean's Fund record
€2.3M
record for Giving Day
Gifts of €100,000+
from 25 donors
€4.8M
in annual gifts collectively raised by the INSEAD community
165
new Salamander holders

Giving at a Glance

Giving results 2019/2020

€76.6M
Total received in gifts and pledges
3,332
Total number of donors
3,131
Alumni & student donors

Gift allocations

Faculty & Research
Facilities
Scholarships & Financial Aid
Dean's Fund & Unrestricted Endowment

Annual gifts and pledges

Amounts in € millions. Figures for August 2018 and August 2020 include significant 8-figure gifts.

Financials at a Glance

INSEAD’s revenue

€236M

Revenue

Programmes
Donor support*
Others

*Gifts and distribution from the school's endowment

Expenditure

Faculty & Research
Facilities, IT & Support
Programmes

Financials at a Glance

INSEAD's Endowment

€282M

Endowment at market value

Amounts in € millions

Allocation of spending from endowment

Faculty Chairs
Research
Global Development
Scholarships & Financial Aid

DONORS GENEROUSLY FUNDED

Unrestricted Gifts

Dean's Fund
General Endowment

Values

Hoffmann Global Institute for Business and Society
Scholarships

Vision

Thought Leadership

Ventures

Entrepreneurship and Innovation
Founders Pledge
San Francisco Hub for Business Innovation

Find out more about Funding Opportunities at INSEAD.

“The commitment of our faculty, students, staff and alumni has been astounding. Despite the global economic challenges, our community stepped up and made this a banner fundraising year for INSEAD. Your support gave us the agility and ability to innovate, accelerate INSEAD’s digital transformation and help secure the future of the school.”

Nida Januskis

Associate Dean, Advancement

“A big shout-out to our volunteers! Your enthusiasm and dedication to the school is unparalleled. Thank you for partnering with INSEAD to create momentum and support. We have accomplished much since the Campaign launch but it is not over - now more than ever, we need to work together to sustain the school’s impact as a force for good.”

Peter Zemsky

Deputy Dean/Dean of Innovation

“Being a YAI ambassador feels like a natural extension to the MBA programme, especially having been part of the Robin Hood campaign last year. The regular connection to the school and to alumni brings with it a lot of very fond memories and I’m very grateful to be a part of the YAI team. It feels like life after the MBA is still only beginning.”

James O’Shea MBA’19D

“I feel immensely grateful that I could pursue my MBA thanks to the INSEAD Women Scholarship. When I learnt about the Robin Hood campaign, I was enthralled by the opportunity to pay it forward by organising creative and fun activities for our cohort. Those events were crucial bonding and networking opportunities before the pandemic hit and disrupted everything. They are memories that we will cherish forever.”

Krati Tripathi MBA’20J

“INSEAD changed my life. I give back to ensure that INSEAD can continue to change lives. We all have the opportunity to make a positive impact on global issues and by donating to INSEAD, I believe this effect is multiplied. The diverse, inclusive and global community that is INSEAD, is unique and sorely needed in society today.”

Cynthia Edge-Phillips MBA'89D

“INSEAD had a very positive impact on my life - in terms of what I learned, who I met, the experiences that I was exposed to and the associated opportunities after the MBA. Coming back for my 25th reunion helped crystallise my thoughts on this and put the dots on the i’s. It is a pleasure and an honour to be able to give back to the school. I hope to do more in the future.”

Michael Fischer MBA'94D

“We strongly believe that businesses should build long-term value for the benefit of multiple stakeholders: customers, team members, society and shareholders. Heather and I support the Hoffmann Institute’s vision of delivering both prosperity and positive social change. The Institute represents a unique opportunity to build practical knowledge that will help businesses globally achieve this dual impact.”

Robert Keane MBA’94D and Heather Keane

“I really value the Master Strategist Day and the chance to have worked on a real problem in a real organisation. The opportunity to take a hands-on approach that combined everything we’ve learnt so far in the Introduction to Strategy course is something that will stick with me throughout my professional life. Hugo van Berckel must have been an amazing person and I hope we did his memory justice. This initiative is truly inspiring.”

Lize Hartley MBA’21J

Participant in the Master Strategist Day

“I believe that giving through scholarships provides a rare opportunity to financially empower current and prospective INSEAD MBAs. Creating a scholarship has allowed me to give back while honouring my parents' journey as immigrant entrepreneurs.”

Nabila Aguele MBA’14J

“I come from a humble family that fought its way through social, economic and cultural challenges, becoming the first in our family to graduate from college. We often associate success only with hard work. The truth is, luck plays an important part in defining the paths we take. I would not be here if it were not for this scholarship.”

Jonathan Piccolo De Lima MBA'21J

Brazil, MBA’03J Memorial Scholar

"The gender imbalance that persists in C-suites and boardrooms around the world makes no sense. Our goal in setting up the scholarship was to give talented women a leg up in attaining the highest ranks, thanks to the confidence, credibility and connections that an INSEAD Executive MBA confers. In the words of Maya Angelou, ‘When you learn, teach. When you get, give."

Erin Gainer EMBA'08, Julijus Grigaliunas EMBA'08 and family

“As a medical doctor-turned-entrepreneur, I founded an elderly care venture. While dealing with struggles during this journey, I realised the need for gaining business knowledge to drive the positive social impact that I envisioned. INSEAD, with its emphasis on business as a force for good, was a natural choice for my MBA. Your scholarship brings me closer to my goals and inspires me to carry forward your kindness. Thank you for your support.”

Snigdha Gorana MBA'21J

India, Glen Jones MBA’89J Scholar

“I was an engineer in the nuclear energy sector. My limited understanding of business made me question my options in an industry influenced by public policy, political and macroeconomic considerations. As I grappled with how to progress, I received great advice from INSEAD alumni. I was impressed by the inclusiveness and diversity of the network and it convinced me that INSEAD was the place to chase my dreams. Thanks to my scholarship, that goal is now within reach.”

Yunxiao Wu MBA’21J

China, IAF Diversity Scholar

“Born and raised in Cameroon, I was able to migrate to France for university. Despite huge financial challenges, I managed to self-finance my studies and continued to care for my family back home. Today, I hold a Master’s degree in optical engineering and a PhD in physics. I am extremely grateful for my INSEAD scholarship. With your support, I can achieve great things, while making fewer compromises.”

Armande Pola Fossi MBA’21J

Cameroon, INSEAD Alumni Association Scholar

"The San Francisco Hub is one of the boldest steps in the history of INSEAD. For us, who believe in higher education and technology as a way to debunk inequalities, a way to open mindsets and opportunities for authentic leaders that want to change the world, there was no doubt that we had to be there to support INSEAD in this daring new journey."

Cintia Tavella and Gilberto Gaeta, both MBA’07D

“INSEAD has been part of our lives for more than 60 years. The very concept of INSEAD, educating leaders to promote peace and prosperity through business, is more relevant with every passing year. We are proud of what INSEAD has become and are confident that INSEAD will continue to be a global leader in management education. Supporting INSEAD’s future through a legacy commitment is an enduring way to declare our belief in its values and mission.”

Tuulikki and Claude Janssen

"Participation rate matters. A lot. It is the act of giving, not the amount, that shows gratitude to INSEAD and solidifies bonds amongst alumni. I am beyond proud to ‘walk the talk’ along with my MBA’10J classmates, demonstrating our collective exceptionalism with a record 70% participation rate for a 10th reunion."

Mark Dembitz MBA’10J

"When I was on campus for my 30th reunion, I met with two interesting and smart students who were scholarship recipients. They told me about their past journeys and future plans post-MBA. As a donor to INSEAD scholarships, I felt proud to have contributed a tiny bit to their education and to have helped INSEAD become an even more diverse and global institution."

Bernd Reuther MBA’89J and Nannette Reuther

“As a venture capital investor driving long-term revolutionary changes in business, I am honoured to have the opportunity to donate to INSEAD. It is the world's most diverse organisation which nurtures new ideas and develops visionary leaders. I am positive my contribution will help shape the future of business and society.”

Gopi Rangan MBA’07D

“The new INSEAD San Francisco Hub provides a nexus between INSEAD, The Business School for the World, and North America via one of the most vibrant capitals of technology, innovation and sustainability. The expansion of tangible touch points between the INSEAD culture, its vision and local alumni communities is fundamental to its future. I am honoured both as an American and as an alumnus to assist in the strengthening of this impactful bridge.”

Charles de Portes MBA'96J

“The decision to give regularly to INSEAD is always an easy one. It's my way of expressing appreciation for all that the school and community have given back to me. This year's gift has an extra special meaning as it helped to launch the San Francisco Hub. I am very proud of the school and can't wait to see what good this new venture will bring.”

Monique Muri MBA’93J

“The impact of collective giving has never been more evident than this year. So many of you came forward to support INSEAD at this moment of global crisis, providing scholarship aid to students in need and stepping up support of research and academic excellence. Thank you for being here for INSEAD and I hope we can count on your generosity in the coming years.”

Emma Goltz MBA’98J

Chair, INSEAD Alumni Fund

“In spite of the unprecedented challenges facing the global community, INSEAD alumni and friends have stepped up with unwavering support and enthusiasm this year. Your gifts will help us deliver on the Campaign goal to be a force for good in the world, impacting business and society. To all of you who have placed your trust in the school, I extend my deepest thanks and appreciation.”

Rémy Best MBA’93D

Chair, INSEAD Campaign Board

“Why we give? We loved our experience as MBAs at INSEAD. Our careers have taken us to live and work in four countries. We are proud Canadians, with an INSEAD global perspective. To us, business has the power to bring about worldwide prosperity and progress. INSEAD’s business leaders blend business and societal goals on a global level. Especially now, the world needs more INSEAD.”

Lisa Deschamps and Darin Deschamps, both MBA’90J

Donor Honour Roll

Donations of any amount mean so much to INSEAD. They fortify INSEAD’s mission and ensure that the school remains a leader in management education. The Donor Honour Roll is our way to acknowledge and express appreciation publicly for both annual and lifetime giving. Thank you.

View the honour roll