What Are We Giving the World?
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WHAT ARE WE GIVING THE WORLD? THE UNIVERSITY OF MISSISSIPPI FOUNDATION Report on Philanthropy for the Year Ended June 30, 2006 GROWTH OF UNIVERSITY’S $421.4{ ENDOWMENT 2004-2006 (market value in millions) $397.9{ Managed by the University $355.7 and The University of Mississippi Foundation $367.3{ $400 $332.9 Managed by other $303.3 $65.7 fi nancial institutions $65 $300 $64 6/04 6/05 6/06 Academic and Program $421.4 MILLION Support Faculty TOTAL ENDOWMENT 43.8% Support as of June 30, 2006 14% Library Scholarship Support Support 4.2% 38% PRIVATE SUPPORT 2004-2006 (dollar value in millions) $60 HE UNIVERSITY OF MISSISSIPPI FOUNDATION $55.4 T $52.1 $50 $48.1 iI 6/04 6/05 6/06 THE UNIVERSITY OF MISSISSIPPI FOUNDATION Report on Philanthropy for the Year Ended June 30, 2006 Table of Contents Message from the Chancellor ......................................................................................2 Message from the Foundation Chair ...........................................................................3 Message from the President/CEO, Vice President .................................................4 Mission Statement ...........................................................................................................5 Introduction ......................................................................................................................8 What Are We Giving the World? Knowledge ....................................................................................................................... 10 Teaching .......................................................................................................................... 12 Leadership ...................................................................................................................... 14 Opportunities ................................................................................................................. 16 Discoveries ...................................................................................................................... 18 Health Care ................................................................................................................... 20 Global Realities ............................................................................................................. 22 Technology ..................................................................................................................... 24 Diversity ......................................................................................................................... 26 Culture ............................................................................................................................ 28 Graduates ....................................................................................................................... 30 Athletics .......................................................................................................................... 32 Campus Experience ..................................................................................................... 34 Beauty ............................................................................................................................. 36 The Stakeholders Who Make It Possible Gift Highlights ............................................................................................................... 40 Conclusion ..................................................................................................................... 41 Future Needs ................................................................................................................. 42 Executive Management Council ................................................................................ 43 Provost and Academic Deans .................................................................................... 43 Board of Directors .......................................................................................................44 Joint Committee on University Investments ......................................................... 45 Audit Committee ......................................................................................................... 45 Foundation Staff ............................................................................................................ 46 Alumni Association Staff ............................................................................................. 47 UMMA Foundation Staff ............................................................................................. 47 Donors ............................................................................................................................ 48 Message from the Chancellor t has been said that the object part of a meaningful college educa- Iof education is the formation of tion. Personal responsibility and the character. At Ole Miss, we embrace development of strong interpersonal that tradition. In its broadest sense, a skills are integral to the student’s university education addresses every becoming a whole person. Therefore, aspect of life. Intellectual, emotional, we emphasize and encourage extra- physical, spiritual and social growth curricular activities. are essential to a full university Perhaps the most important experience. lesson to be learned is the ability to Our students come to us during think—to analyze and communicate the transformational years of their in understandable, meaningful ways. lives. During the time they are with To create an environment that us, they are moving from childhood facilitates full growth opportunities, to adulthood, from dependence to we offer academic disciplines ranging independence, and they are develop- from art to zoology, accounting to ing value systems that will guide physics, biology to macroeconomics. them throughout their lives. We insist that our students become Our focus must be on teach- literate, develop fundamental math ing, challenging and inspiring our skills, acquire a base of scientific students to prepare to pursue mean- knowledge and, today, be comfortable ingful careers and lead noble lives. A with the use of electronic tools. graduate of our university should be a There is no room in a high- whole person prepared to take on the quality educational institution for re- challenges that lie ahead and ready striction on inquiry or free expression to pursue opportunities available to of ideas. Education abhors provincial them. rigidity and celebrates exploration. Experience has taught us that We challenge our students and hours in the classroom, libraries and ourselves to approach life with open, laboratories enable our students to inquiring minds. learn the importance of discipline, We are on an exciting journey personal responsibility and, to some and are delighted that you are travel- extent, skills required for success in ing with us. The movement is forward their chosen fields. and upward providing energy for our There is an expectation that aca- relentless pursuit of excellence. demic exposure will be of the highest HE UNIVERSITY OF MISSISSIPPI FOUNDATION T quality and that a student will be Warmest regards, required to demonstrate competence in substantive course work in order to earn a degree. It is important to note, however, Robert C. Khayat 2 that the academic experience is only Chancellor Message from the Foundation Chair recent book on family friends have experienced an era of Aphilanthropy suggests gathering your personal economic prosperity that family together and asking: “What produced an unprecedented response does this family want to look like to scholarship programs, particularly in 20 years?” The purpose of the new ones, such as Ole Miss First question is to encourage a family to and Ole Miss Women’s Council think about what it stands for now for Philanthropy. In addition, the and in the future, leading, of course, scholarships have been enriched with to a discussion about legacies. leadership training and mentoring. This type of “family conference” We eagerly wait to see the impact would be a natural one for The these opportunities have on our University of Mississippi, because the students after they enter their chosen university community considers itself professions. a family—the Ole Miss family. So The motivation to support our consider this a conference, and let’s university comes from many sources. talk about the future of Ole Miss in We believe in our chancellor, Robert light of our changing world. Khayat, and his team; we trust the foundation forward. Our university As we think about what foundation to be a good steward and the foundation have come so far, lies ahead of us—this so-called of our gifts. We understand and but we simply cannot rest when there appreciate the education, experiences “flattening” of the world bringing REPORT PHILANTHROPY ON FOR THE YEAR ENDED JUNE 30, 2006 are such great needs in the world. about a more collaborative, and yet a and opportunities Ole Miss has What will The University of more competitive, society—we should given us, and we want to try to repay Mississippi look like in 20 years? determine the greatest needs in that debt. We’re excited about the Only we can answer that question meeting the world’s challenges, then significant progress occurring on UM with our resources and service. address them. If the United States is campuses, and we enjoy participating to remain a world leader, we are told, in activities as often as possible. And Sincerely,