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Unbridled Achievement { SMU 2009-10 ANNUAL REPORT { T Able of CONTENTS

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Unbridled Achievement { SMU 2009-10 ANNUAL REPORT { T Able of CONTENTS Unbridled Achievement { SMU 2009-10 ANNUAL REPORT { t Able OF cOntentS 4 | ARSMU BO d Of TRUSTEES 2009–10 5 | TTERfLE ROM ThE ChAiR Of ThE BOARd Of TRUSTEES 6 | SMU AdMiNiSTRATiON 7 | TTERfLE ROM ThE PRESidENT 8 | OESSPR gR REPORT Student Quality Faculty and Academic Excellence Campus Experience 30 | ANCfiN iAL REPORT Consolidated Financial Statements Expenditures Toward Strategic Goals Endowment Report Campaign Update Yearly Giving 40 | ONORh ROLLS Second Century Campaign Donors New Endowment Donors New Dallas Hall Society Members President’s Associates Corporations, Foundations and Organizations Hilltop Society As SMU approaches the centennial of its founding in 2011, the University is enjoying the extraordinary momentum that has characterized its progress at key moments in its history. In 2009-10 SMU took significant strides in improving student quality, supporting faculty and academic excellence and enhancing the campus experience. In support of these priorities, the University passed the halfway mark en route to achieving the financial goals associated with The Second Century Campaign, the largest fundraising initiative in SMU history. Through these steps, SMU continued to build a foundation for the next 100 years of achievement. SMU BOARd Of TRUSTEES 2009-10 Carl Sewell ’66, Chair gerald J. ford ’66, ’69 helmut Sohmen ’66 Sewell Automotive Companies Diamond A Ford Corporation BW Corporation Limited Michael M. Boone ’63, ’67, Vice Chair dennis A. foster* Richard K. Templeton Haynes & Boone, LLP President, SMU Faculty Senate Texas Instruments, Inc. Caren h. Prothro, Secretary Antonio O. garza, Jr. ’83 John C. Tolleson ’70 Civic and Philanthropic Leader White & Case, S.C. Tolleson Wealth Management Ruth Collins Sharp Altshuler ’48 James R. gibbs ’66, ’70, ’72 R. gerald Turner* Civic and Philanthropic Leader Frontier Oil Corporation President, SMU Bishop W. Earl Bledsoe ’85 frederick B. hegi, Jr. ’66 Royce E. (Ed) Wilson Dallas Area of The United Methodist Church Wingate Management, LLP Tribune Broadcasting Bradley W. Brookshire ’76 Clark K. hunt ’87 Richard J. Wood Brookshire Grocery Company Kansas City Chiefs The Japan Society of New York (Retired) Laura Welch Bush ’68 Ray L. hunt ’65 Former First Lady of the United States Hunt Oil Company TRUSTEES EmEriti Pastor Kirbyjon h. Caldwell ’81 gene C. Jones William P. Clements, Jr. ’39 Windsor Village United Methodist Church Civic and Philanthropic Leader Former Governor of Texas donald J. Carty Bishop Scott J. Jones ’81, ’92 Edwin L. Cox ’42 AMR Corporation (Retired) Kansas Area of The United Methodist Church Edwin L. Cox Company Kelly hoglund Compton ’79 fredrick S. Leach ’83 William L. hutchison, Sr. ’54 The Hoglund Foundation Prestonwood Urology Hutchison Oil and Gas Corporation Rev. Mark Craig Paul B. Loyd, Jr. ’68 Cary M. Maguire Highland Park United Methodist Church Paul B. Loyd, Jr. Investments Maguire Oil Company gary T. Crum ’69 Bobby B. Lyle ’67 CFP Foundation Lyco Holdings, Incorporated Linda Pitts Custard ’60, ’99 Ken Malcolmson ’74* Custard/Pitts Land and Cattle Co., LP Chair, SMU Alumni Board * ex officio Robert h. dedman, Jr. ’80, ’84 david B. Miller ’72, ’73 DFI Management, Ltd. EnCap Investments, L.P. Lamar h. dowling ’09* Rev. Sheron Covington Patterson ’83, ’89, ’96 Student Representative Highland Hills United Methodist Church frank M. dunlevy ’71 Sarah fullinwider Perot ’83 Cowen & Company, LLC Civic and Philanthropic Leader Juan L. Elek Jeanne L. Phillips ’76 Elek, Moreno Valle y Asociados Hunt Oil Company Alan d. feld ’57, ’60 Bishop Ann Brookshire Sherer-Simpson Akin, Gump, Strauss, Hauer, & Feld Nebraska Area of The United Methodist Church 4 | smu.EDU/ANNUAlREPORT As of May 31, 2010 LETTER fROM ThE ChAiR Of ThE BOARd Of TRUSTEES SMU’s momentum keeps building. Thanks to the support of alumni, parents and friends, the University continued to take giant steps forward in 2009-10. This Annual Report highlights the progress made in the last fiscal year and documents SMU’s extraordinary growth as an educational institution dedicated to preparing tomorrow’s leaders and meeting society’s challenges. Funds for new scholarships ensured that the University was able to attract academi- cally gifted students from around the United States. Recruiting and retaining such students is central to achieving an average SAT score of 1300, a key goal of SMU’s Strategic Plan. Support for faculty and academic programs made it possible for SMU’s talented teachers and researchers to expand our understanding in a range of disciplines. This support also helped the University continue to attract new scholars and experts. These pioneers, in turn, attract students interested in specific disciplines and spur discovery that adds vitality to the region’s economy and cultural life. Support for new facilities and campus enhancements continued to shape the special place that is SMU. This report also chronicles other areas of progress. These include SMU’s growing presence as a truly global institu- tion, marked by its attractiveness to international students, the addition of new study abroad programs and innovative research on issues facing society and the world. In addition, the University added new academic units and strengthened existing programs that emphasize social engagement and responsibility. The University’s momentum has not gone unnoticed. In one key measure, SMU rose 12 points in the U.S. News & World Report rankings, from number 68 to 56 among the best national universities. As chair of the Board of Trustees, it has been deeply gratifying – and genuinely exciting – to see this progress unfold. It is a testament to the inspiring commitment of donors at all levels. Great credit also goes to President R. Gerald Turner, who has outlined a grand vision for the University. He and his administrative team have continued to execute his bold plan even as the economic climate posed difficult and unanticipated challenges. As I end my term as chair, I want to extend best wishes to my successor, Caren H. Prothro. Under her guidance, and with the continued support of those who care about the University, SMU will continue to lay the foundation for an extraordinary new century of achievement. CRLSWELLA E ‘66 Chair, Board of Trustees 2006-2010 SMU 2009–10 ANNUAl REPORT | 5 SMU AdMiNiSTRATiON R. gerald Turner John B. Attanasio President Judge James Noel Dean and Professor of Law Judge William Hawley Atwell Chair of Constitutional Law Paul W. Ludden Dedman School of Law Provost and Vice President for Academic Affairs José Antonio Bowen Thomas E. Barry Dean and Algur H. Meadows Chair Vice President for Executive Affairs Meadows School of the Arts Christine M. Casey david J. Chard Vice President for Business and Finance Leon Simmons Endowed Dean Brad E. Cheves Annette Caldwell Simmons School of Education and Human Development Vice President for Development and External Affairs­­­ William B. Lawrence Paul Ward Dean Vice President for Legal Affairs and Governmental Relations Perkins School of Theology General Counsel and Secretary gillian M. McCombs Lori S. White Dean and Director Vice President for Student Affairs Central University Libraries Michael A. Condon Peter K. Moore* Chief Investment Officer and University Treasurer Dean ad interim Dedman College of Humanities and Sciences Steve Orsini Director of Athletics Albert W. Niemi, Jr. Dean and Tolleson Distinguished Professor of Business Leadership and Economics Cox School of Business geoffrey C. Orsak Dean Lyle School of Engineering James E. Quick Dean of Graduate Studies Associate Vice President for Research 6 | smu.EDU/ANNUAlREPORT *As of May 31, 2010 L E T T E R f ROM T hE PRES id E NT This Annual Report highlights a year of remarkable progress, in spite of the eco- nomic challenges faced by individuals and institutions nationwide. While we continue to monitor carefully and guide strategically SMU’s financial profile, we are pleased to report ongoing achievement throughout the University. We completed the second public year of SMU Unbridled: The Second Century Campaign having raised $438 million – well above expectations – en route to our goal of $750 million. To date, the campaign has raised funds naming the Annette Caldwell Simmons School of Education and Human Development, the Bobby B. Lyle School of Engineering and the Roy M. Huffington Department of Earth Sciences in Dedman College. It also has supported 12 endowed academic institutes, centers and initiatives; 17 endowed faculty positions; 207 new endowed scholarships; and 13 new or renovated facilities. And while we aimed for 19 percent alumni participation as of May 31, we reached 21 percent in gifts and pledges. The return on investment in people and programs is evident in several trends for SMU. By May, we knew that we would be enrolling the largest first-year class in our history, 1,479; and that the quality of the class would remain high – both achievements directly linked to gifts for scholarships. Support for academic progress also influenced SMU’s rise to number 56 in the U.S. News & World Report rank- ings of national universities. Although rankings are not the definitive word on the overall quality of a university, they are markers that attract considerable attention and discussion among prospective students and families. But by any measure, SMU is increasingly attractive to greater numbers of high-achieving students. Our commitment to providing students with a vibrant campus experience received a major boost with the Mus- tangs’ football turnaround and victory in the Sheraton Hawaii Bowl. Other SMU teams won three conference cham- pionships, and 10 advanced to postseason play. In 2010 we have even more reasons to look forward with enthusiasm. That’s because in 2011 we will celebrate the centennial of SMU’s founding, and in 2015 the centennial of its opening. We’re forming volunteer committees to plan commemorations over the five-year centennial period, honoring our past, but even more importantly, looking toward our second century of achievement.
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