O. Richard Bundy, III
O. Richard (Rich) Bundy, III became president of the University of Cincinnati Foundation and vice president of advancement at UC on April 10, 2024. In his role, Bundy oversees all philanthropic efforts for UC and UC Health, as well as alumni engagement through the University of Cincinnati Alumni Association.
Bundy’s career in higher education philanthropy spans 30 years, at Penn State University, the University of Vermont, Iowa State University and Michigan State University.
His dedication to public higher education reflects his commitment to support the transformational impact a college degree can have in the lives of students and their families.
“Large public universities like UC educate significant numbers of first-generation and Pell-eligible students, and that education represents an inflection point of their lives,” Bundy says. “Our work in advancement helps make those life-changing opportunities available for current students by inviting our graduates and friends to join us in this mission.”
Prior to his UC appointment, Bundy oversaw the successful completion of Penn State’s largest-ever comprehensive campaign in 2022, raising $2.2 billion in six years. There, he directed an advancement team of nearly 600 employees on 24 campuses, fundraising for 13 academic colleges along with Penn State Health, intercollegiate athletics and the Penn State Alumni Association. Bundy also served as president and CEO of the University of Vermont Foundation and vice president for development at the Iowa State University Foundation.
Bundy earned a bachelor’s and master’s degree in history at Penn State and an MBA at Michigan State. He also completed the management development program at Harvard’s Institute for Higher Education.
“My goal at UC is to ensure we take every step necessary to maintain the impressive growth trajectory of our fundraising while simultaneously seeking out new opportunities to engage even more alumni, friends and volunteers in the life of the institution,” Bundy says.
The University of Cincinnati Foundation completed its Next, Now Campaign on June 30, 2024, raising $2.19 billion in support of UC and UC Health.