It is impossible to quantify Neal Dempsey’s generosity toward the University of Washington and the Foster School of Business with a dollar figure. While it’s true that he’s a leading supporter of UW, with dual passions in the Foster School and Husky Athletics, Neal’s contributions and commitment extend well beyond financial backing.
Dempsey has served on the Foster School Advisory Board for more than two decades and is a past chair. Alongside Mike Garvey and Ed Fritzky, he co-chaired the successful Foster School capital campaign that raised $181 million between 2000 and 2008. The naming of the newest building was approved on November 8, 2012 by the UW Board of Regents to recognize a $10 million gift and two decades of service from alumnus Neal Dempsey and his wife, Jan.
Dempsey also helped found the Foster School’s Center for Innovation and Entrepreneurship in the early 1990s. In 2000, Neal and Jan Dempsey donated $3 million to establish multiple endowments for faculty and students: $1M to establish the endowed Dempsey MBA fellows; $1M to establish a Dempsey endowed chair in entrepreneurship or ISOM; $500K to establish a Dempsey endowed visiting professorship; $500K to establish the Dempsey endowed faculty fellows.
Neal is recipient of the 2001 UW Recognition Award and 2000 Alumni Leadership Award from the Foster School.
A passionate fan of Husky Athletics (especially football and basketball), Dempsey donated $5 million in 2001 for the construction of the Dempsey Indoor training facility, the 80,000-square foot foul-weather home of many UW sports, including track and field, football, softball, baseball and soccer.
Neal Dempsey is a general partner with Bay Partners, a 35-year-old venture capital firm with more than 250 successful businesses (IPOs or $250M+ acquisitions) and nearly $700 million under management currently.
As a complement to his high-risk profession, Dempsey frequently seeks physical challenge and adventure as recreation. He is an experienced marathoner (50+ races). He’s also an accomplished mountaineer, having summited the highest peaks on five continents, including the formidable Denali (20,320 ft) in Alaska and Aconcagua (22,834 ft) in Argentina – the highest mountain outside of the Himalayas.
Watch a video about Neal Dempsey and Dempsey Hall:
Neal Dempsey from Foster School of Business on Vimeo.