July 1, 1987 to June 30, 1988 I STOUT UNIVERSITY FOUNDATION How WE CAME To BE "This feeling that the Founda­ tion president, assumed the mantle tion is here to help with both of leadership from Milavitz four leadership and funds is filtering years ago. In addition to the through the faculty and student volunteer work of many in­ body. They are using the Founda­ dividuals, the Foundation has had don's office more frequently as a just four individuals as its ex-­ source of assistance. To me, this ecutive director. Dr. John Furlong means that the Foundation is view­ was originally hired by President ed as a viable organization that has Micheels to come to Stout, with an esse,ntial role to play on this one of his assignments being the campus as a partner of the univer­ leadership of the Stout Founda­ sity. " -- President William J. tion. Dr. Furlong ably led the Micheels, 1970. Foundation in its early years, then These words from President hired Lloyd'Trent to serve as its William J. Micheels introduced the executive director from 1964-1968. 1970 Annual Report of the Stout At Lloyd's death, Jack Wile was Foundation. Founded just seven hired and served until1980. He years earlier by President Micheels. was succeeded by the current ex­ who had newly ,assumed his post as ecutive director, Dave Williams. president of Stout State University, The constancy of the leadership of the Foundation was well on its way the Foundation has been one con­ to becoming a force in the life of tributing factor to the steady the university. growth and support the Founda­ Discussed at length by an in­ tion has enjoyed. terested group of faculty and staff Now worth in excess of $2 in 1962, the Stout Foundation was million, the Stout University Foun­ actually chartered in 1963. Its first dation is poised to continue its fund-raising effort was the sale of work as a partner with the univer­ buttons around Homecoming time, sity, advancing university goals. with proceeds used to provide two The Foundation has launched two $100 scholarships for students extraordinary fund-raising efforts enrolled at Stout that fall. From in its 25-year history. In 1968, the those early beginnings, the Foun­ Diamond Jubilee campaign dation branched into a number of (celebrating UW-Stout's 75 years) other areas, always with the pur­ provided $150,000 of support for pose of soliciting and disbursing various 'Foundation programs. In "funds for the benefit of the univer­ 1984, the Stout Foundation's sity. Toward Century II capital cam­ Stout faculty member Gus Wall paign (recognizing the approach of was the first president of the Stout UW-Stout's second 100 years), University Foundation. He and yielded $2.1 million invarious en­ other faculty and local alumni felt dowments and expectancies for the the need, in conjunction with university's future. In each case, President, Micheels, to have a the Foundation's role was to serve means of raising funds for the ex­ as the agency to raise funds for tras at the university which were important university programs and unavailable through state budgets. needs which could not be fulfilled While scholarship support con­ through various state means."a tinues to be a major factor in the role that has gone unchanged for a Foundation's annual efforts, there quarter century. have been continual diversifica­ The history ofthe Stout Foun­ tions over the Foundation's 25 dation is cl0Sely intertwined with year his~ory as it seeks to carry out that of the university. They have !hat basic mission of serving UW­ often collaborated with one Stout. another to foster and nurture the Shortly after its inception, Stout work each does for the benefit of alumnus Warren Barberg '51 the education Stout students assumed the presidency of thle .. receive. That initial goal, now Foundation and tookit in a faithfully executed for 25 years, number of new directions to still stands as the standard for the enhance the educational program. Foundation in its work toward the With the assistance of a generous future. bequest from Andrew Schneider, . the Foundation purchased a total of 750 acres of land to develop a research and training park. A significant portion of that land was sold several years later to a private Leadership iIi the early party for the development of the years:' President William Tanglewood golfcourse in Menomonie.. The remaining land J.Micheels,founder; ,Gus' continues to be held by the Foun­ Wall, ,first. president;', and dation, and, in 1988, is filially' reaching the intended goalMa .or. John. Furlong, first technology park developp,.eritfor executive director. the benefit orUW-Stout. , . !nits 25 years, the Foundation has had relatively few presidents. Gus Wall was the first, succeeded by Warren Barberg '51. Lloyd Milavitz, a Menomonie op­ tometrist, took over the helm of theFoundation from Barberg, and Webster Hart, the current Founda- 1 9 6 3 1 9 8 8 1 STOUT UNIVERSITY FOUNDATION STATEMENT By THE FOUNDATION PRESIDENT The Stout University Foundation to enter the most exiciting period individuals listed in this Annual has matured, has come of age, has of its existence._Like a young adult Report. These people have shared reached adulthood as a founda- . several years into a new career, the their resources with the Founda­ tion, if such a thing can be ac­ Stout Foundation exhibits a tion -- some for many years -- and complished. After 25 years of number of traits. in so doing, made possible the con­ growth and continued service, the Those traits include a sense of tinued development of UW-Stout. Stout Foundation is well enough self-confidence to weather the dif­ It is to these generous individuals established, I believe, to be ficulties we inevitably will face. I that I issue my words of thanks counted on for support of the believe that was evidenced this past --without their help, the Stout university's educational program year as we dealt with the intense Foundation would still be toddling for decades to come. difficulty of the October 19, 1987, along. With their help, we're in a The maturity comes after a stock market decline. We survived full marathon run for the benefit quarter century which witnessed it, we've made some adjustments, of UW-Stout. the Foundation's birth, its first but through it all, we continued to tentative steps as it sought to pro­ serve UW-Stout. Webster Hart vide scholarship support, its At this early stage of maturity, growth and reaching out to more the Stout Foundation also individuals and more donors to possesses the needed strenth to help with its work for the universi­ carry off the ever-growing task of ty and, finally; to its full-fledged seeking support for UW-Stout's effort in the form of the Toward educational program. The Founda­ Century II capital campaign. tion's maturity helps us know how So, you may well ask what such best to expend our energies, when maturity brings. Certainly not to tackle new issues and how best complacency nor a drifting off into to direct our support to UW-Stout. retirement from its mission. Any maturity we possess as a Rather, the Foundation is poised foundation is courtesy of the many CHANCELLOR'S REPORT Assuming a leadership role at a and developed in many ways to the aginable. The value of private sup­ fine university like UW-Stout is benefit of all, and the indirect port for public higher education both a humbling and exciting ex­ benefit to our students as they will grow in increasing importance perience. head for careers in business and in­ over the next decades, and the It is humbling to take on an dustry is immeasurable. Having the sound base the Stout Founda­ academic institution that has been served at two other state-assisted tion has established over its 25 well managed for its entire 98 institutions, I can say, without years will greatly enhance our ef­ years of service. The quality of question, that Stout is poised, as forts to seek that support. programs and strength of the few other colleges or universities in 'Together, we can maKe this institu- . academic disciplines at UW-Stout this country can be, to. take advan­ tion a place of distinction in higher are excellent and receive national tage of a bright future. education. Thank you again for recognition in many areas. As a In this Annual Report to Stout your support, and I look forward lifelong academic, it is a delight to alumni and friends, I wanno take to working with many of you to find such high-calibre programm­ this opportunity to thank everyone achieve and exceed Stout's goals. ing. I pledge my efforts to further who provided support for UW­ these programs and the quality Stout during this past fiscal year Charles W. Sorensen reputation UW-Stout enjoys. and encourage all of these in­ It is also exciting to consider the dividuals, plus many others, to potential and possibilities facing consider cQntinued support in the UW-Stout as we near our second future. Your support of the Foun­ century. Our relationship with dation enables us to develop our business and industry has matured programs to the highest levels im- ALUMNI ASSOCIATION ANNUAL REPORT- by Patricia Wenner Reisinger, The present Alumni Association regardless if they are held in Associate Director of Alumni and offers many options to alumni and Tacoma or Tucson, Baltimore or Foundation Services a variety of scholarships to Boston. The newly established students. In September, 270 alumni tabloid, published three In 1951 the secretary of the students benefited from Founda­ times a year, will report on all Stout Institute Alumni Associa­ tion and Alumni scholarships.