Myth: Tuition covers the full cost of a A. B. Freeman School education.
Reality: The Freeman School of Business tuition revenue does not cover the full expense of delivering a Tulane education; therefore, funding must come from other sources. Gifts to the Freeman School help cover some of the cost that remains beyond tuition and endowment payouts. The Freeman Annual Fund contributes hundreds of thousands in funding toward fellowships, helping bridge the gap between tuition, endowment earnings, and financial need.
Myth: My donation won’t be used the way I intended.
Reality: The Freeman School of Business complies with donor intent and efficient use of funds. We have staff dedicated to ensuring that your gifts are used as you have specified.
Myth: Tulane has a large endowment and doesn’t need my donation.
Reality: Compared to our peer and aspirational schools, Tulane has a relatively small endowment. This translates to having fewer endowment dollars per student relative to our peer schools. Endowment earnings cover less than 10% of Tulane’s annual operating budget. Think of it like a household budget. On one hand, you set aside money you hope will grow for long-term needs like savings, education and retirement. On the other hand, you spend money to live on for rent, food, and utilities. For the Freeman School, it’s the same. The Freeman School needs money to grow with, which often comes from the endowment or support from larger gifts. It also needs money to live on, which often comes from annual giving.
Myth: My small gift to the Freeman Annual Fund doesn’t make a difference.
Reality: The impact that every gift has on the Freeman School is profound. When pooled together, gifts of less than $100 to Freeman totaled more than $9,000 last year, and gifts of less than $500 totaled nearly $80,000. These figures make a significant impact on our students through scholarships, program support, and more. Participating in philanthropy at the Freeman School at any level shows your Tulane pride and love for the university. It also increases our participation rate for alumni giving.
