Annual Report 2021

designated as Military Friendly because of our commitment to veterans and military-affiliated students. NSU’s Board of Trustees welcomed three new members in fiscal year 2021. Entrepreneur and philanthropist Rita Case is new to the board, but has had a long association with NSU, along with her late husband, Rick Case, who died in 2020 after a brief battle with cancer. The university also welcomed James Donnelly, founder and CEO of Castle Group, a property management group with more than 1,700 employees that oversees more than 300 properties with 125,000-plus units. Longtime NSU supporter George Platt joined the board as well. He serves as managing partner of LSN Partners, a full-service consulting firm specializing in government affairs, government procurement, and business development. In the past year, NSU realized the culmination of its university-wide efforts under the Vision 2020 Business Plan. That plan included goals to raise $250 million through philanthropy and $300 million in external funding through cumulative grants and contracts awarded since fiscal 2009. The university not only met, but exceeded those goals, with $318 million in cumulative gift commitments and $303 million in cumulative grants/contracts awarded through December 31, 2020. Our work is not over, however, and under the new Vision 2025 plan, our goal is to be recognized as a preeminent, professional-dominant, doctoral-research university that gives its students competitive career advantages. NSU was ranked 227 by U.S. News & World Report in fiscal 2021, and we continue to aim for increases in this important national ranking. NSU will also continue to work on growing the endowment with a new 2025 target of $300 million. Additionally, the university has expanded its cumulative goals for both philanthropic gift commitments and grants/contracts awarded since fiscal 2009, seeking to reach $500 million in each category by 2025, representing a combined billion-dollar 2025 cumulative external funding campaign. South Florida is recognized as an emerging tech hub, and NSU will make its mark on multiple industries with the fall 2021 opening of the Alan B. Levan | NSU Broward Center of Innovation (Levan Center). This public-private partnership with Broward County will not only be an extension of NSU’s unique educational pedagogy, but will create opportunities for students in more than 150 academic degree programs with a focus on innovation, technology, and entrepreneurship to create an economic development engine in the community. Leading-edge ideas will be incubated and developed, with help from experts, so that these start-ups can grow into successful companies. And Message from the President continued on next page