Dear Stanford GSB Alumni and Friends,

As an integral part of the university-wide campaign, the Stanford Graduate School of Business owes a debt of gratitude to the many alumni, students, friends, and institutional partners who have embraced The Stanford Challenge. With broad-based engagement throughout the GSB community, the university's focus on seeking solutions and educating leaders has never been more clear. Your collective generosity underscores an unprecedented enthusiasm for the School's campaign priorities: annual giving, faculty support, student financial aid, our four centers, and our new campus.

As an institution, we are entrusted with the development of the next generation of principled leaders, and are driven to launch students on lives of meaning and impact. With your input and support toward that end, I look forward to consolidating our gains as we continue to leverage our curricular innovations, enhance our multidisciplinary partnerships, and move forward with the opening of our new campus scheduled for late 2010.

Every day I am reminded of your unwavering financial support, volunteer leadership, and enthusiasm for our work to change lives, change organizations, and change the world. Thank you for the vital role you play in our continued success.

	Sincerely,
	Garth Saloner,  AM '81, MS '82, PhD '82 The Philip H. Knight Professor and Dean