Tulane University recently honored its dedicated supporters at the Paul Tulane Society Induction Ceremony, held on September 18 at the New Orleans Board of Trade. This event celebrates donors who have contributed $1 million or more to the university.
President Michael A. Fitts and Board Chair David Mussafer welcomed new members into this distinguished group. Fitts highlighted that these donors have been crucial in transforming Tulane’s campus and enhancing student experiences. He expressed gratitude for their support, noting that “Tulane is on the rise” thanks to their commitment.
This year’s inductees included notable names like Capital One, represented by Katherine Gonzalez Kay, and Walter Isaacson, a prominent author and former CEO of CNN. Each inductee brings unique contributions to Tulane, enriching both education and research initiatives.
Mussafer praised the group as “visionary leaders,” emphasizing how their philanthropy has reshaped the university. Fitts particularly recognized the Isaacsons for their impactful support, predicting that the New Orleans Book Festival may soon rival the city’s famous Jazz Fest.
One standout moment of the evening was Fitts celebrating David and Marion Mussafer’s generous $10 million donation aimed at creating the David and Marion Mussafer Internship Initiative. This program will provide invaluable internship opportunities for students at Newcomb-Tulane College.
The Paul Tulane Society, established in 1983, has played a significant role in Tulane’s growth. Recent statistics show that universities with strong alumni support, like Tulane, often experience enhanced fundraising outcomes, thus improving educational facilities and student services.
In a time when financial support is critical for many institutions, the commitment of the Paul Tulane Society members underscores the importance of philanthropy in higher education. Their contributions not only impact the university directly but also foster a thriving community in New Orleans.
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