Donors Report 2019

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

From the Dean From the Deputy Dean and the Associate Dean, Advancement

The Year in Numbers

€182M*
of €250M Campaign goal reached * As of December 2019
41%
of 50% alumni Campaign participation goal reached
€2.2M
Gifts to the Dean's Fund/Greatest Impact
4,676
Donors in the year
916
Investors Circle Donors gave €1,000 or more
2,273
Donors made a gift for Giving Day
4,000+
Volunteers actively drove alumni engagement

Giving at a Glance

Giving Results 2018/2019

€27.8M
Total received in gifts and pledges
4,676
Total number of donors -
600 more than last year
4,308
Alumni & student donors

Gift Allocations

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

Increasing trust and commitment from our community

Number of Donors

Financials at a Glance

INSEAD's Endowment

€255M

Endowment at market value

Allocation of spending from endowment

Facilities Chairs
Research
Global Development
Scholarships & Financial Aid

Financials at a Glance

INSEAD’s Revenue

€280M

Revenue Source

Programmes
Donor support*
Others

*Gifts and distribution from the school's endowment

Revenue Expenditure

Facilities, IT & Support
Faculty & Research
Programmes

DONORS GENEROUSLY FUNDED

Unrestricted Gifts

Dean's Fund/Greatest Impact

Values

Hoffmann Global Institute for Business and Society
Hugo van Berckel Award
Robin Hood Scholarship
Scholarships
Tomorrow's Leaders Scholarships

Vision

Campus Renewal
Thought Leadership

Ventures

Digital Transformation and Blockchain
Entrepreneurship and Innovation
Founders Pledge
San Francisco Hub for Business Innovation

Find out more about Funding Opportunities at INSEAD.

“Giving back to INSEAD was the most natural and easiest thing to do. I started early and I started small. I am so happy that I took on this life-long journey and have reached a point where I can inspire others to start theirs. Giving to the Dean’s Fund can become very addictive. But this is one addiction that I am more than happy to live with.”

Kay Noh EMBA'04

“Before INSEAD, I had a good job in middle management at a telecommunications company in West Africa. Still, my student loan application was refused due to insufficient earnings. I had begun to lose hope of attending INSEAD and my dream of obtaining an MBA seemed out of reach until I learned about my generous scholarship. Thank you for being the light at the end of a very dark tunnel.”

Shalom Akinboboye MBA’20J

Ghana, Pot Family Foundation Scholarship

“It is an honour to assume this distinguished position. I look forward to continuing to contribute top-notch research on sustainable operations management, circular economy, and extended producer responsibility.”

Professor Atalay Atasu

The Bianca and James Pitt Chaired Professor in Environmental Sustainability

“Every gift to the INSEAD Fund, no matter the size, enables change. Personally, I find it gratifying to be recognised among the Investors Circle donors who, as a collective force, provide our school with the flexibility to implement these changes swiftly.”

Diederik Van Rappard MBA’99J

IAF President, Netherlands

“The Europe campus holds a special place in my heart. This is where I spent one of the most defining years of my life. I continue to feel a strong connection to Fontainebleau and the INSEAD community. It gives me great satisfaction to support the renewal of INSEAD’s founding campus and help create a lasting impact on the school and future generations of global business leaders.”

Christoph Rubeli MBA’92D

“Passionate about technology and innovation, I wish to help pave the way for more women leaders in this field. The MBA will provide me with the knowledge, skills and networks to work towards this goal. Receiving a scholarship that specifically supports Asian women is a great honour that goes well beyond the financial aspect of the award. Thank you for your encouragement and believing in my potential.”

Bella Chou MBA’20J

Taiwan, Christina Law MBA'91D Scholarship

“INSEAD’s central mission is to promote business as a force for good. The Hugo van Berckel Award allows the school to do so in ways that are innovative and impactful, whether through the Master Strategist Day, in which the entire MBA class works directly with a social enterprise to address critical strategic challenges, or through the Force for Good Practicum, where a team of students spend a week on the ground working with organisations around the world to directly implement solutions that have an immediate and lasting impact.”

Professor Ithai Stern

The Akzo Nobel Fellow in Strategic Management, Associate Professor of Strategy

“I co-founded the Diyalo Foundation to increase access to free, high-quality primary education in rural Nepal. This year, we are building our second school and handing over leadership to a Nepalese CEO. My ambition is to support global efforts to level the achievement gap through technology so that all students, regardless of income or geography, have access to the best educational tools and experiences. Given the cost of an international MBA, without my scholarship, I would not be able to work towards this goal for several years.”

Adam Rouhana MBA’20J

USA/Palestine, Sylff Scholarship

“I hope my gift will help advance the study of emerging technologies that can serve as a force for good. With the right approach, we can harness these technologies to drive economic cooperation, encourage greater democracy, and promote peace and prosperity on a global scale.”

Christopher Harborne MBA’88J

“I am a firm believer in the power of collective giving. One of the ways we can harness this power is through the INSEAD Fund. Serving as the school’s annual fund, the INSEAD Fund engages alumni, students, faculty, staff and friends globally in the spirit of giving. Knowing that we are working through the school to collectively create impact is profoundly meaningful and inspires great pride for all. Please consider making a gift to the INSEAD Fund every year.”

Emma Goltz MBA’98J

Chair, INSEAD Alumni Fund

“I adore INSEAD — and not just for its oneworld perspective. INSEAD teaches leaders to build businesses that go beyond profit maximisation and create real value for all stakeholders. The hardest part of building an optimal business is not coming up with creative ideas. It is implementing and adapting these ideas to make them relevant to individuals and markets; it is developing a well-balanced team that shares values and objectives. The Patrick Turner Prize in the INSEAD Venture Competition encourages future leaders to step in this direction. I am thrilled to support it for a second time.”

John Singer MBA'78

"Attending INSEAD is one of my biggest achievements. I feel I have a responsibility to become a strong spokesperson for gender equality and women’s increased participation in business. I am profoundly grateful to the donors of my scholarship. They are enabling me to become a better version of myself and closer to my fullest potential.”

Constanza Vargas Corbacho Velarde MBA’20J

Peru, INSEAD Women Scholarship

“I love INSEAD! Getting my MBA was a profound and positive experience — while I was in Fontainebleau and ever since. That’s why I donate each year to INSEAD’s annual campaign and why my husband and I included INSEAD in our estate planning. Through a legacy gift I can continue giving even when I’m gone. It’s a way to say thank you — forever — while helping ensure that future generations of INSEAD students benefit from their experiences at the ‘Business School for the World’ like I did.”

Susan Brookstone Mirbach MBA’84J

“In 2016, the Egyptian government free-floated the Pound causing massive devaluation. I lost most of my savings and gave up my MBA plans. When my son was born, the MBA dream hit again as I wanted to create a better life for him. Thanks to the incredible support I received from the INSEAD community, including my generous scholarship, I eventually made it and for that I am forever grateful.”

Mohamed El-Shamy MBA’19D

Egypt, Christoph Rubeli MBA'92D Scholarship

“My entrepreneurial journey began at INSEAD more than 40 years ago. What was true then remains true today: INSEAD equips entrepreneurs with the education, network and inspiration they need to pursue a career that will change lives. It brings me great satisfaction to know my continued support helps make that possible.”

Peer Kolendorf MBA’78

“I did not do well in high school and worked several years before gaining the necessary discipline and self-esteem to join university. I pushed myself hard to catch up and it paid off. Succeeding against any expectations has taught me to embrace every challenge with a positive and open attitude, to dream big and never settle. I am so proud to be at INSEAD and deeply grateful for your support and trust.”

Guido Borgato MBA’19D

Germany, L'Oréal Scholarship