Nancy Wells will step down as vice president of philanthropy and alumni engagement in July after working in her position for five years. The university will begin a national search for a new vice president of fundraising this summer.
UB had a 60 percent increase in philanthropic gifts and pledges during Wells’ tenure, according to a UB news release. But the university missed its fundraising goal to increase annual donations by $40 million each year by 2020, according to The Buffalo News.
UB raises the most money of any SUNY school, but hopes to be on par with other research institutions within the American Association of Universities (AAU), according to the UB leadership website.
“During Nancy’s tenure as vice president, she elevated the importance of philanthropy and alumni engagement across our university and engendered the incredible support of our alumni and friends,” said President Satish Tripathi in a statement.
Tripathi credits Wells with leaving the school in a “strong position” to continue its philanthropic work.
Sarah Crowley is the senior news editor and can be reached at sarah.crowley@ubspectrum.com
