University of Connecticut
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PRESIDENT AND CHIEF EXECUTIVE OFFICER STORRS, CONNECTICUT THE SEARCH The University of Connecticut Foundation (Foundation) seeks an accomplished and seasoned development professional to serve as president and chief executive officer (CEO) and provide oversight to a comprehensive advancement operation that has generated considerable momentum over that last five years. The Foundation was formed to support the goals and aspirations of the University of Connecticut (UConn), one of the nation’s leading comprehensive, public research universities. The position becomes available at a pivotal time in UConn’s history, as the University prepares for the arrival of a new president and continues its efforts to enhance academic programs; bolster research opportunities; and ensure that students have the skills and knowledge they need to be productive members of the global community. The president and CEO reports to the board of directors of the Foundation and supervises a team of 152 staff members. In collaboration with the president of the University, key academic and administrative leaders, and Foundation board members, the president and CEO will define and articulate a bold vision that will continue the upward trajectory of the advancement operation and build upon the excitement generated by the appointment of a new leader of the University. The president and CEO will foster a culture of achievement and innovation; set high expectations for the overall office and individual staff members; and ensure that all members of the UConn community—faculty, students, parents, faculty, staff and alumni—are meaningfully engaged in the life of the University. The ideal candidate will have a minimum of ten years experience leading an advancement operation to new levels of growth; a track record of success engaging key stakeholders and constituents and maximizing their level of philanthropic support; and an ability to recruit, mentor, and empower an effective, integrated team, and provide them with the support and opportunities they need for continued growth and development. The Foundation has retained the services of Jack Gorman of Isaacson, Miller, an executive search firm based in Boston, to conduct the search. Confidential inquiries, nominations, and applications may be directed to the search firm as indicated at the end of this document. Boston | Philadelphia | San Francisco | Washington, DC THE UNIVERSITY OF CONNECTICUT The University of Connecticut was founded in 1881 as the Storrs Agricultural College, and within the next decade became the state’s land-grant college. In 1933, the institution was renamed Connecticut State College and began awarding Bachelor of Arts degrees. The institution was renamed the University of Connecticut (UConn) in 1939, and has since expanded to meet the higher educational needs of the citizens of Connecticut and beyond. UConn has 14 schools and colleges on multiple campuses. The University consists of its main campus in Storrs, UConn Health – an academic medical center that includes John Dempsey Hospital and UConn’s Schools of Medicine and Dental Medicine – as well as four regional campuses, a Law School, and Graduate Business Center in Hartford. Storrs is approximately 30 minutes from Hartford, and spans 443 bucolic acres. The University extends beyond Storrs and has an important presence throughout the state, with regional campuses located in Avery Point, Hartford, Stamford, and Waterbury. The UConn School of Law is in Hartford, just a few minutes away from the state capitol. UConn Health’s main campus in Farmington, 45 minutes from Storrs, is home to the UConn John Dempsey Hospital, UConn Medical Group, University Dentists, UConn School of Medicine and School of Dental Medicine. UConn Health is home to a thriving research enterprise, including a partnership with the Jackson Laboratories, which has built a research complex on the medical center’s campus. UConn continues to invest in the Storrs campus while enormous opportunity exists to develop signature programs at the regional campuses that will differentiate UConn from its peers and support local communities. CAMPUSES Total enrollment on all UConn campuses was 32,182 students in academic year 2017-18, including 23,845 undergraduate students (19,241 at the Storrs campus and 4,604 at the regional campuses) and another 8,337 in the graduate and professional schools. At the regional campuses, students may begin their first two years of study and transfer seamlessly to the Storrs campus, or they may complete their four-year degree if offered on site. Graduate programs are also offered and developed in accordance with the educational needs of the communities they serve. Storrs is the main campus centrally located between Boston and New York City, and 30 miles from Hartford, the state’s capital. It is the historic campus which houses a full array of academic programs. UConn Health-Farmington is the second largest of the campuses and houses the clinical care, advanced biomedical research, and academic programs in medicine and dentistry. Nearly half of the University annual operating budget is devoted to UConn Health. Hartford offers the benefits of a public research university in the state capital. The School of Law and School of Social Work are both located in Hartford, and in August 2017, the operations of UConn's West Hartford campus moved to a new site in downtown Hartford. The development of the Hartford campus was an essential part of The University of Connecticut Foundation, Inc. President and Chief Executive Officer Page 2 of 12 the state’s strategy to educate all of Connecticut and to revitalize Hartford. The campus’ important, strategic proximity to municipal, state and federal government buildings in addition to major corporate offices, not-for-profit organizations and hospitals is a unique educational asset to students and researchers. Stamford offers four-year undergraduate degrees in a range of disciplines with graduate degrees in business and nursing. Enrollment at Stamford has grown dramatically, as students take advantage of the close proximity to New York City and access to Fortune 500 companies, investment, and banking institutions, and community-based organizations. The campus, which has become highly attractive to students, who prefer an urban and entrepreneurial setting, shows great potential for future growth. Avery Point is home to the Connecticut Sea Grant College Program, the National Undersea Research Center, and the Long Island Sound Resource Center. In addition to four-year undergraduate programs, Avery Point offers a masters and doctoral program in oceanography, as well as graduate study in a variety of other disciplines and certification programs. Waterbury offers a variety of undergraduate programs, many of which have distinguished themselves in community service, business, education, law, and politics, in partnership with UConn’s Hartford campus. Graduate level offerings include business administration, engineering, and education, as well as other professional certification programs. FINANCES Like most of its higher education counterparts, UConn has faced budgetary challenges in recent years. Compared to many public universities, however, UConn has fared well during the downturn; buildings are being built, investments in academics and research are underway, and the state’s citizens and leaders are highly vested in the University’s continued progress. The state recognizes the importance of not only the intellectual missions of the University, but also its contribution to the economic vitality of the state. The University’s overall operating revenue for the Storrs and regional campuses for FY18 was $1.3 billion. Tuition and fees provide the largest source of revenue ($719 million, or 54%), followed by state support and gifts, grants, and contracts. The State of Connecticut provided $327.8 million (24%) of the revenue for the University’s Storrs and regional campuses in FY18, and awarded research grants and contracts totaling $129.8 million. UConn Health, which is budgeted separately, had revenue of over $1 billion in FY18, with almost $482.7 million deriving from net patient care and $54.7 million from research grants and contracts. UConn Health derived 22% of its funding from the State of Connecticut, amounting to $223.4 million in revenue. The University of Connecticut’s bond credit ratings by Fitch, Moody’s, and Standard & Poor’s remain consistently strong. ATHLETICS UConn’s athletic programs are nationally recognized for their excellence, integrity and focus on high academic standards. The Division of Athletics strives to provide quality facilities and The University of Connecticut Foundation, Inc. President and Chief Executive Officer Page 3 of 12 programs that cultivate an exciting atmosphere for the University and the community. The UConn Division of Athletics offers 24 intercollegiate sports programs. UConn is a member of the American Athletic Conference (AAC) and NCAA Division I. Athletic facilities include the Pratt and Whitney Stadium at Rentschler Field, the Harry A. Gampel Pavilion, the XL Center, the George J. Sherman Family Sports Complex, the Joseph J. Morrone Stadium, the Hugh S. Greer Field House, and the Wolff-Zackin Natatorium. THE UNIVERSITY OF CONNECTICUT FOUNDATION The University of Connecticut Foundation, Inc. is an independent, not-for-profit, tax-exempt organization established in 1964. It operates exclusively to promote the educational, scientific, cultural, research and recreational objectives of