SOUTHERN OREGON UNIVERSITY FOUNDATION
Dear Raider family,
On behalf of the students, faculty, and staff of Southern Oregon University, the SOU Foundation and its Board of Trustees LEADERSHIP wish to thank all of the generous donors and volunteers who stepped forward in fiscal year 2019-20 for their investment and philanthropic leadership.
During the year, more than 2,000 alumni, friends, foundations, and corporate partners contributed $2.8 million in private funding to support the university’s academic programs, campus infrastructure, service initiatives, and intercollegiate athletics. We are inspired by those who support our students and help them achieve their goals. We are inspired by those who ensure that our academic programs meet the needs of the future. And we are inspired by those who are dedicated to ensuring student success by supporting faculty members. Philanthropic investments will indeed have an impact on the state of Oregon as well as on the lives of our students and their families for years to come.
This report recognizes the leadership of all those who believe in the future of Southern Oregon University. With philanthropic support, SOU will remain a vital and robust organization. All of us associated with SOU are proud of what we accomplished last year, and we are eager to continue building the future together.
To each of our loyal donors, thank you. We appreciate your commitment to the mission and vision of Southern Oregon University.
Marc Bayliss Janet Fratella President Vice President of Development, Southern Oregon University Southern Oregon University Foundation Executive Director, Southern Oregon University Foundation
1 FISCAL YEAR 2020 OVERVIEW
The Southern Oregon University Foundation received $2.7 million in private gifts, grants, and pledges to support Southern Oregon University during FY 2019-20. More than 2,200 donors contributed toward a range of scholarship funds, academic and athletic programs, and public outreach initiatives.
TOTAL PRIVATE SUPPORT FY 2011-2020 TOTAL PRIVATE SUPPORT BY DESIGNATION TOTAL PRIVATE SUPPORT BY SOURCE STUDENT SCHOLARSHIPS
OTHER 6 5% $2.5 ATHLETICS ACADEMICS/LIBRARY OTHER INDIVIDUALS 5 17% 23% $2.0 CORPORATIONS 4 $1.5 FOUNDATIONS 3 UNRESTRICTED CAPITAL MILLIONS ALUMNI $1.0 2 9% 1%
OTHER $0.5 1
SCHOLARSHIPS OUTREACH & PUBLIC SERVICE GOVERNMENTAL ORGS 0 0.0 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 24% 21% 0 10 20 30 40 50 60 70 80 2015-16 2016-17 2017-18 2018-19 2019-20
3 1 7 PERCENT . .6 .5 .8 .9 .1 . .0 .2 .3. 2 3 1 1 1 3 5 3 3 32 $ $ $ $ $ $ $ $ $ $$ AMOUNT RAISED AMOUNT DISTRIBUTED* *includes annual distribution from endowment funds 3 SUPPORTERS LONGTIME together in an academically an in together environment. rigorous drawn of motivated of idea to asmall the cohort working students tailored to interests. theirindividual Peter says were Debra and he environment aclose-knit in service projects and opportunities, participatingstudents experiential challenging courses, in learning own its as academic functions College entity,SOU’s Honors with term.” long for the program the of this venture.agreed We supporters to be have to committed my “Ishared saidproposed,” excitement Debra. with Peter we and was College president was at big Honors of the idea the and SOU Foundation SOU of the previous“I was the amember when which they have 2014.hearts, since in beginning its nurture helped For Peter, and Debra both is close to College their SOU’s Honors farm. that family on great melons” grows proudly “really and mentor College involved Honors an as loved.” asuccessful After career afinancial as advisor, Peter is principal, ateacher acareer he then become and and through close by that inexpensive could work and he his way enough parents’ lives. was “Dad afarm boy from Table was SOU but Rock, Peter believes that played SOU atransformative role his in coordinate resources need. in FEMA for those displaced wildfire. by team are her Almeda to and helping the She present time are residents Talent of and Phoenix have who been clients her are who at at Among vulnerable. the people most their helps often Debra LegalCenter Services Medford, in for Nonprofit disenfranchised. and As executive poor for the of the director is acivilDebra rights attorney of history advocating with along community. Oregon Southern the of and SOU supporters committed ogue Valleyogue Lee Peter philanthropists Debra and Sage are Peter. “We’re of it.” apart to be proud academic achievement is normative, rather unusual,” than said “Itthey creates were began. it first when environment an which in remain today couple College The excited as as Honors the about smallresource community.” our in foundation and is agreatstudents trustees,” “SOU said. she transformative the heard about from College nature Honors of the assist Lawful Permanent Residents naturalized. to seeking be “I’ve volunteering with organization’s the Immigration Law to Program Currently, interns College nonprofit. her two has Honors she internships at through students College Honors guided has Debra said. they and getguy,” mywith old an as people, young perspective he academic career and guidance. “Iget to have great conversations offering and to several campus on meeting them students, academic SOU’s strong Peter on amentor as served has programs. alight shine years, Over also it has helped the students. top-notch of ameans attracting as retaining and started College Honors The strong liberal arts education. education. liberalstrong arts offers of motivated College a part as Honors acommunity students mentors,” teachers, and withideas “SOU’s students, other said. he of that“I loved part was talking with ahuge sharing college, and and 5 ENDOWMENT The investment objectives of the SOU Foundation reflect the long-term nature of the ENDOWMENT PERFORMANCE endowment fund. A desire to grow endowment gifts and to produce a stable and INVESTMENT predictable payout stream is balanced with the foundation’s commitment to donors to The SOU Foundation holds and manages 222 individual endowment funds with STRATEGY ensure the longevity of the funds in its care. the intent to provide financial support in perpetuity to Southern Oregon University. Endowment Considerations that shape the SOU Foundation’s investment strategy are: funds are created when donors make charitable gifts to support the university’s mission. • Produce a relatively predictable and stable payout stream each year. The SOU Foundation has endowment and short-term invested funds totaling nearly • Maintain the purchasing power of the assets over the investment horizon. –$33 million—$27.8 million of which are permanently restricted. • Balance the support of present and future generations of students and faculty. Accordingly, the SOU Foundation’s primary investment objective is to produce a total return net of fees that equals or exceeds the foundation’s spending rate and annual administrative fee.
ENDOWMENT GROWTH FY 2016-2020 ENDOWMENT FUND BY DESIGNATION ENDOWMENT IMPACT The foundation distributes 4% of each fund’s market value to the university annually.
35 OTHER AMOUNT TRANSFERRED TO SOU FACULTY & ACADEMIC 6% PROGRAMS 30 10% 25 $1,000,000
20 $ 950,000 MILLIONS 15 AFFILIATE SUPPORT $ 900,000 13% SCHOLARSHIPS 10 $ 850,000 63% 5 $ 800,000 UNRESTRICTED 0 $ 750,000 FY16 FY17 FY18 FY19 FY20 8% $ 700,000 $3.5 $3.3 $2.4 $2.3 $5.2 $20.8 $24.0 $26.4 $27.5 $27.8 $ 650,000 $ 600,000 SHORT-TERM FUNDS 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 ENDOWMENTS $731,400 $783,200 $834,000 $860,500 $885,900 $997,600 $706,000 7 12 BENCHMARK RETURN COMPARISONS MUSIC TEACHER 10 The SOU Foundation endowment 8 produced a total return of -0.1% for the 6 period of July 1, 2019 to June 30, 2020. PERCENT hen Alice Saunders passed away in 2018, she had Additions to the endowment for this fiscal 4 lived a remarkable 91 years. Concert violinist, music year totaled $537,000. teacher, and avid orchid enthusiast, Alice was also a 2 passionate supporter of education.
0 Alice combined her love of music and education and left 1 YR ANNUALIZED 3 YR ANNUALIZED 5 YR ANNUALIZED 10 YR ANNUALIZED a significant bequest to the SOU Music Program. “The SOUF ENDOWMENT ASSET POLICY BENCHMARK TRADITIONAL BENCHMARK miraculous gift of music is shared with the entire world but an amazing gift to provide for music is even a more precious bestowment,” said David Humphrey, Director of the Oregon Center for the Arts at SOU.
“The Alice Saunders bequest has been a glorious benefit TARGET ASSET ALLOCATION CASH to our Music Program. It is providing our students and The SOU Foundation endowment is HEDGED FOREIGN BONDS faculty the means to learn, perform, and create music managed by TIAA Kaspick and invested HIGH-YIELD BONDS which is enjoyed by the community and virtually across DOMESTIC BONDS-INVESTMENT GRADE the globe. We are most grateful for this high level of in approximately 71% stocks and 29% DOMESTIC BONDS-HIGH QUALITY consideration and the humble desire to see others bonds and cash. Both the stock and personally develop from the financial success of one’s teaching career in a small town in Nebraska. She also INTERNATIONAL REITS own exquisite life,” concluded Humphrey. taught in Kansas and Iowa before relocating to Medford bond allocations are broadly diversified DOMESTIC REITS in 1960 to teach in the instrumental department in across different asset classes and EMERGING MARKETS Originally from Sewickley, Pennsylvania, Alice and her various schools throughout the district. managers. This diversification is INTERNATIONAL SMALL CAP family moved to Nebraska when she was a child. She designed to lower the expected volatility INTERNATIONAL LARGE CAP attended Nebraska schools, finished high school in 1941, Alice played the violin in the Rogue Valley Symphony DOMESTIC SMALL CAP and applied to the University of Nebraska where she for 20 years and was a member of the Rogue Valley of the portfolio’s returns and help DOMESTIC LARGE CAP was accepted into the music department. Orchid Society for some 30 years. She received a protect against negative market number of blue-ribbon awards from the Rogue Valley 0 5 10 15 20 25 30 After graduating with bachelor’s and master’s degrees in Orchid Society and two special awards from the
environments. PERCENT music and music education, Alice began her 26-year American Orchid Society. 9 OPPORTUNITY CREATING Pacific First and Nations Islander students,” said Morgan. LGBTQ for to support us Asian and important students and “We it is think their goals. they as pursue feeling supported may who students have achallenging time paying for education or with with SOU two desireThe connected astrong to support population. of the access and segments opportunities to education for often-ignored created across that scholarships country provide the Treasury of the Department U.S. for years. 25 Together, they have advisor asenior at as served Bureau of the Fiscal Service for the York for 15 years before moving to Washington, where D.C., he worked administrator aportfolio as investment and banker New in assistant for psychological traumatic health and brain injury. Dan Clinical General’s special Surgeon Navy Psychology the and Specialty Leaderprofession the as for Navy serving includes of advocacy history leadershipD.C. and long His psychology the in National Register Service of Psychologists Health Washington, in is aretired leads and Navy the Morgan U.S. Captain the in community.” the attending classes at SOU. It’s of always part important an been SOU,” “I completed said. my he year senior (in by school) high have and with Ashlander SOU. an “Iam association along with like returning it Also, gave home. achance to reconnect Morgan visitors. It aplace made choosing to retire easy, felt Ashland as Dan were and he and frequent grew Ashland, in up Morgan Philippines. raised and Manila, Dan was in born as of students, minority immigrantand struggles the understands complex also social couple barriers. The economic and LGBTQ of power the the to members help overcome community an Decena and Morgan Sammons know that Sammons education has Morgan Decenaan and chance to shine.” Everyone to learn. a deserves “Everyone opportunity an deserves For Dan, supporting university afar-reaching has impact. students For supporting Dan, future takes limit you not or define let and you,” them said Morgan. to demonstrate that wherever you challenges can meet those your sexualor creates minority we set adistinct but want of challenges, to success. “We realize both that immigrant an as coming to school LGBTQ continue education community, and is apath struggles but notes have there Morgan positive some for been the changes Reflecting his Dan’s on and marriage, 32-year and partnership said. their future endeavors,” in them encourage and scholarships he Westudents. would love receive who to students meet the the myin early twenties,” “Ihave said. he alot of empathy for foreign country. toexact, for to “Icame be graduate California, UCLA school Dan says knows he what it is like coming for from students another pushing,” added Dan. Iwant and to tell to keep them, them carethat on about people minorities or immigrants right now, Iwant to but know students “This current political environment isn’t easy for foreign students, he said. said. he 11 ELDER TRIBAL sidelines.” defend it it was because given We to us. will the on not stand Steve. creator “The placed this in beautiful us nation, we and still ofdescendants we warriors, and still ours,” this as see land said withmilitary history given this country, our we but are that it strange find somany Natives people the “Some in fight pillars Army, representing Marines, the Navy, Air Force. and attire reaching toward sky. the by They black are four surrounded sculpture features woman dressed traditional and in aman Native striking works West is the Valley Veterans bronze The Memorial. his most painting Among and building hot cars rods. and custom acareer, as art pursued for sign companies and designing logos his After return he Steve 1968. in Corp Marine U.S. the joined from signs to cars to sculptures,” said. he working ever artist an been as since. Ihave worked everything on I’ve Iwas and for ten when years money artist an as job first old, make world.“I’ve always aliving art Idid the my in artist. an been Steve’s lifelong proofthat can is colorful careerone artist an as them.” believe that is possible, and that people arts acareer the in in to show kids are who interested that art they in have support, that’s stereotype, but not artist’ true,”‘starving said Steve. “Iwant with associate old often the arts acareer“People the in pursuing areWillamina who interested School art. in High at ascholarship established Connie from for SOU students thatgift financial offers than more assistance. his and wife He with a community Willamina, Oregon, of youth histhe close-knit rand Ronde Tribalrand Ronde Steve artist Elder and Sr., Bobb, is supporting every can student make happen.” things each and and all kinds of doors, opens skills. Art those to apply bit motivation, of knack some and are there of tons different ways career,” arts an to get discouraged about “If said. you he have alittle want “Idon’t piece more students one of it as see encouragement. Steve says receive that who students the hopes he scholarship the students of Willamina, and the scholarship idea was born. was idea born. of scholarship students Willamina, the and meet,” Steve said. he the with shared his her desire to support Oregon’s Native “It tribes. all fell into place. We to were supposed university’s of the part tribe as Ronde outreach to effort Grande time this that same around President SOU Linda visited Schott the It waswanted artists. to school to something high encourage do Steve 1960s, the attended Willamina in he decided school High he when students for art limited the Remembering opportunities I can,” said. he 120 to wherever help years. Itry Ialso and attended Willamina High, activities. “My for family community Ronde lived has Grand the in Steve’s love of is evident his of community his much in work and 13 SOU FACULTY MEMBER the SOU Chemistry Summer Research Summer Program. Chemistry SOU the of establishment made endowment has possible the Hatton the creation the ofFor Chair Schepmann, Program Hala Chemistry giveand of asense continuity.” students are meaningful endowment,” small connections “These said. he the was on name whose knew person make the sure people discipline. “I’m glad Igot to my affirm dad publicly, Iwanted and to his detailsshared father’s about work commitment to and the special ceremony creation the honoring Jim new of the fund. Jim dedicated 2018, In endowment to his the father a during his father, Hatton. E. Roger of legacy the honors Program Chemistry for the endowment fund university. to the philanthropic gifts creation The of an commitment university to the to academic and excellence with until the end ofuntil end World the War II transitioned where and to Monsanto, Dr.University 1944. in Project worked Hatton Manhattan the on later from Purdue adoctorate organic chemistry in earned way University anight as the watchman, of and Omaha through 1918 in family. was Hatton born to E. apoor Roger worked He his im Hatton, retired Hatton, im mathematics at continues SOU, instructor his said Schepmann. said Schepmann.
your students and colleagues and help one another. colleagues one help and and students your I like that.” make it special,” say “You said. he campus, hello to can walk through small classes “The mentoring individual and Program. Chemistry said overall, is agreat SOU He the university not just to support Hatton’s of his contributions father,” honor in generous said. she come by, we offerings are of because to Jim able expand our “At are to harder program. opportunities hands-on atime when endowment at came the acriticalFor Schepmann, for the moment graduation. after achievements faculty the the and while students of at the and SOU always has and students and with caliber impressed of the been university.the that During time, met he many instructors chemistry Jim retired from earlier SOU this year adecade at than after more whatever they it for. need attached.” strings No can always extra money. use They this can endowment use for departments chemistry program,” “Besides, said Jim. high-quality they were “Ihave married. over seen years the that it is arigorous, father, Jim’s wife at Woudenberg Ruth chemistry studied before SOU family. Hatton A love the in deep runs of chemistry addition In to his actions,” Jim said. hiskindness entire life. him “Iattempt every day to honor by my worked who father hard husband treated and and with people Despite his father’s professional busy life, Jim recalls adedicated airline the in industry. hydraulic aflame-resistant which SkyDrol, that fluid became is used he co-authored patents synthetic on functional fluids, including one 15 GOVERNANCE
BOARD OF TRUSTEES ABOUT THE SOU FOUNDATION The SOU Foundation is governed by a volunteer Board of Trustees. By volunteering their The mission of the Southern Oregon University Foundation is to secure private time to serve on foundation committees and to build relationships with university donors, philanthropic support to advance SOU and to trustees play a critical role in securing the long-term financial health of Southern Oregon invest and manage gifts responsibly to honor University. The Board of Trustees serves as the governing board for the SOU Foundation donors’ wishes. and has fiduciary responsibility for the general business functions of the foundation, Established in 1959, the SOU Foundation is including the oversight of the SOU Foundation’s property, assets, and policies. the primary organization through which private support is managed for the benefit of 2019-20 Southern Oregon University. Private gifts and SOU FOUNDATION 2019-20 grants to the SOU Foundation are designated OFFICERS AT-LARGE TRUSTEES Marc Bayliss Lazaro Ayala Christine Donchin Doug Morse Jim Teece to the SOU program or fund of the donor’s President, SOU Foundation Partner Educator and Real Estate Professional (retired) Doug Morse, Principal Broker President and CEO choosing. Contributions can be made by Executive Director (retired) KDA Homes Ashland, OR Doug Morse Real Estate Group Project A Ashland, OR Ashland, OR John L. Scott Real Estate Ashland, OR contacting the SOU Foundation office at Bonnie Evans Medford, OR Sue Kupillas Vance Beach ’11, MiM ’14 Vice President of Global Professional Services Ryan Wines ’01 (541) 552-6127 or by making a gift online at Vice President, SOU Foundation Affiliate Trustee, SOU Alumni Association SkillSoft Alexis Packer Founder and Chief Executive Officer Executive Director (retired) Global Sales Executive Central Point, OR Affiliate Trustee, Chamber Music Concerts Marmoset giving.sou.edu. Medford, OR RR Donnelley Alexis J. Packer Attorney at Law Portland, OR Medford, OR Peg Evans Ashland, OR Gregory Koenig Professor Emerita Ron Worland, M.D. Treasurer, SOU Foundation Kelly Coates Southern Oregon University Gene Pelham ’83 MiM 06’ Surgeon (retired) President Water and Environmental Resources Manager Ashland, OR President and CEO Medford, OR Koenig Investments Cow Creek Band of Umpqua Tribe of Indians Rogue Credit Union Medford, OR Medford, OR Sandra Friend Medford, OR David Wright Affiliate Trustee, Museum Council, Schneider Museum of Art Principal Debra FJ Lee Sue Collins Interior Designer Kacie Ryan ’07 CPM Real Estate Services, Inc. and Secretary, SOU Foundation Principal Ashland, OR Affiliate Trustee, SOU Alumni Association RE/MAX PLATINUM Executive Director CollinsConsults Western Governors University Medford, OR Center for NonProfit Legal Services Medford, OR Betsy Gentry Gig Harbor, WA SOU Foundation Medford, OR Affiliate Trustee, Osher Lifelong Learning Institute 1250 Siskiyou Boulevard Jeff Cutler Retired Attorney Christina Richardson ’19 2019-20 Daniel Thorndike Principal Ashland, OR Student Representative Ashland, Oregon, 97520 Immediate Past President, SOU Foundation Portfolio Analysis & Research, LLC Southern Oregon University EX-OFFICIO General Counsel & Corporate Secretary Medford, OR Dave Hyatt ’73 Ashland, OR MEMBERS Medford Fabrication Owner Phone | (541) 552-6127 Medford, OR Sid DeBoer David P Hyatt CPA, P.C. Lore Rutz-Burri ’82 Linda Schott Chairman of the Board Central Point, OR Professor and Faculty Representative President Fax | (541) 552-6126 Lithia Motors, Inc. Southern Oregon University Southern Oregon University Ashland, OR Sheri Loya ’91, MBA ’11 Ashland, OR Ashland, OR Email | [email protected] Vice President of Accounting Art Diederich ’67 Colvin Oil LLC DBA GP Energy Barbara Saigo Janet Fratella President (retired) Grants Pass, OR Affiliate Trustee, Friends of Hannon Library Vice President of University Advancement National Associates, Inc., NW President Southern Oregon University Federal Tax ID: 23-7030910 Portland, OR Blair Moody Saiwood Resources Executive Director Forester (retired) Ashland, OR SOU Foundation Medford, OR Ashland, OR 1250 Siskiyou Boulevard Ashland, Oregon, 97520
Phone | (541) 552-6127 Fax | (541) 552-6126 Email | [email protected]