FY19 Contributors Report

Central State University Foundation FY19 ContributorsJune 30, 2018 - July 1, 2019 Report About the Cover Pictured is the leadership of the Central State University Foundation: ($1.3 million) and other real estate situated around the campus constitute its Dr. Derek Anderson, President (right), Dr. Kimberly Brooks, Vice Pres- holdings. As of August 2019, the value of the Foundation’s real estate hold- ident (left) and Dr. Veronica Watkins, Executive Director (standing). ings exceeds $28 million. Below is the full listing of Central State University Foundation Board Foundation leadership this year introduced its new brand. The design and of Trustees. They view stewardship of Foundation resources as their look of the brand is consistent with plans to take the Foundation to a new highest priority. level of fundraising excellence, new program development, and new corpo- CSU Foundation auditors issued an unqualified (clean) opinion of the rate and community collaborations that help our students. The CSUF brand is Foundation’s financial position as of June 30, 2016, 2017 and 2018, the organizing principal that will drive the work of the Foundation. You are and the changes in its net assets and its cash flows for the years then invited to visit www.csufdayton.com and learn more about the Foundation’s ended. new brand. The Foundation through its investment committee works close- ly with the Foundation’s financial advisor, Merrill Lynch Wealth Management to ensure adherence to the Foundation’s investment policy and spending policy. The investment committee maintains strict management of all endowed funds. The CSU Foundation au- dits reflect growth in the Foundation’s investment portfolio. To read more about the Foundation’s Investment Policy and Spending Policy please go to www.csufdayton.com The Central State University Foundation owns and manages real estate benefiting the University. Secured in 2003 and 2005, the Foun- dation owns two student residence halls (cost of construction $16 million) to positively impact student enrollment. The Foundation’s partnership with Marathon Oil resulted in the Speedway gas station being built on campus. The acquisition of the Thomas Kelly Senior House ($200,000), President’s House ($500,000), Dayton Campus CSU Foundation Board of Trustees Dr. Derek Anderson, Dr. Kimberly Brook, Michael Colbert, Sidney Evans, Vernon Ford, Peter Matthews Deborah Perkins, Stacy Thompson Speare-Hardy, Alvin Tucker, Dr. Charles Whitehead Executive Director’s Message hen you give through the Ohio’s new technological economy. Central State University Foun- The Institute’s first training session will Wdation you are linking arms with fellow be spring semester 2020. alumni and friends who have had profound The Foundation has joined hands with impact on the University. Their involvement Allwell, formerly Buckeye Health, to and support has enabled the Alma Mater enhance 1887 Legacy Society work- to construct and renovate buildings, imple- shops. The workshops will feature ment new academic programming, increase detailed information on Wills, wealth enrollment and most importantly, offer building through insurance, and how to scholarships to students enabling them to navigate the complexities of Medicare. earn Central State University degrees. This past year the foundation conducted Every gift the Foundation receives has a sto- two workshops with alumni and friends ry. We invite you to learn more about a few that were well attended and proved to be of the individuals making significant contri- helpful to those in attendance. We will be butions and the difference they have made- visiting your alumni chapter and conduct- indeed are making to the Alma Mater. ing 1887 Legacy Society workshops during the academic school year. There is a common thread that binds the stories of exceptional Centralians - Philan- In May the Foundation held its annual “a thropy. Each individual highlighted in this Night for Philanthropy” gala. Much appre- report has either been inducted into the ciation to all who attended and special 1887 Legacy Society, and/or the Sustained congratulations goes to those alumni in- Philanthropist Society. ducted into the 1887 Legacy Society or the Sustained Philanthropist Society. We thank Also, contained in this report is exciting in- you for your support of the Alma Mater and formation about the newly developed JAVA look forward to one day inducting you into CODING AND DATA MODELING INSTITUTE. one of the giving societies. The Institute is designed to prepare minority and low income students for careers in Dr. Veronica Watkins Every Act of Giving has a Story … Numerous alumni and friends, by giving through the Central State dollars. He personally donated University Foundation, have established their legacy at the Alma over $800,000 to fund a Robot- Mater. They choose to give for varied and unique reasons: ics Program, purchased the CSU Dayton Campus and established • To honor a loved one who recently passed. a scholarship fund all of which • To give a student the opportunity to succeed through scholarship. bears his name. • To pay tribute to an influential faculty member whose teachings The Alma Mater honored Dr. were life-changing. Elam on many occasions. He was named Alumnus of the Year 2003, • To address a specific need at the University. Alumni Top Contributor in 2007, Whatever the reason one thing is certain—every act of giving has a 2008 and 2009. In 2013, Presi- story. Here we share some of those stories and invite you to go to the dent Cynthia Jackson Hammond Foundation’s website, csufdayton.com to learn more about the indi- named Dr. Elam recipient of the viduals making a difference at the Alma Mater: President’s distinguished chair. Dr. James A. Elam’54— one of the A true centralian, Dr. James A a spirit of giving top minori- Elam’54, passed away Tuesday, ty, indeed February 3, 2015. Like most students, James Elam businesses _ _ _ _ _ _ _ struggled to pay the costs of in the state attendance to the University. of Ohio. “Dr. Elam was a friend, the greatest In addition to earning academ- term of endearment one ‘Omega ic scholarships, and taking out He was also man’ can bestow on another.” student loans he had to secure a known for job on campus. Driven to excel, making a difference in the lives of Anthony Fairbanks, Omega Psi Phi James graduated as president individuals and the community v v v of the Class of 1954, earning a in which he lived. His continuous degree in biology. support of Central State Univer- sity was legendary. Jim Larry and Ronald Thomas “Giving is not only right, its smart” contributed time, wis- “We believe we can accomplish dom and cash gifts. He greater things together than we served twelve years on the Cen- can individually.” In 1958, Dr. Elam founded Bel- tral State University Foundation monte Park Laboratories, a test- Board of Trustees. He was chair- our years ago, Alumni Larry ing agency for area hospitals lo- man of several major fundraising Fand Ronald Thomas wanted cated in Dayton, Ohio. Known for campaigns, the restoration of to change their way of giving being a demanding and shrewd Marauder Football ($1.5 million) to Central State University. They businessman, James Elam turned and two alumni challenge pro- made a decision to combine their Belmonte Park Laboratories into grams that raised over $4 million giving and establish an endowment to assist students majoring Joshua Isaac Smith In November 2014 Smith received in elementary education. They the Thurgood Marshall College created the Larry J. Thomas and nown as “JI” by everyone in the Fund HBCU Alumnus of the Year Dr. Ronald P. Thomas Endowed KCSU family, Joshua earned a award at the 26th Annual TMCF Scholarship Fund in the Central Bachelor of Science degree from Awards Gala. In March 2014, Mr. State University Foundation. Central State University in 1963. Josh worked as a high school “WCSU Radio station is not The purpose of the endowment teacher in Washington D.C. He just a teaching station for is to award scholarships to fresh- also taught Biology and Chem- man students interested in ma- istry at the University of Akron, our students, its a vital joring in Elementary Education, where he also studied law. communications vehicle Secondary Education, or Social in the Wilberforce In 1978 he founded the comput- Studies. Their scholarships pro- community…” vide a most important “bridge” er firm, Maxima Corp. By 1993 for education students needing the company had revenues over Smith donated $1million to Cen- additional funding to remain in $41million and had been ranked tral State University, the largest school. by Black Enterprise magazine at number 33 in its listings of individual gift in the history of minority businesses. Joshua the school. Joshua Smith is a serves as a Trustee on a number member of the John W. Garland of corporate boards, and has and Carolyn Garland Society been a strong advocate for black ($100,000 and above) entrepreneurship. Due to his enormous success, Josh became v v v known as the “leading spokes- Doris Nicholson, was a great person for Centralian The Thomas brothers not only Black busi- wanted to help students, but also nessmen hen one thinks of the excel- through their giving they wanted under the Wlence of Central State Univer- to motivate their fellow alumni to Regan sity, one thinks of Doris Nicholson engage in philanthropy. and Bush ‘51, who recently passed away. adminis- Doris was a loyal, passionate, and Their philosophy of giving was trations. active Centralian. derived from their upbringing. As Today Joshua Smith is managing Dr. Thomas has stated “It is truly As a student, Doris was taught partner and chairman of the not a hardship for Larry and I to in the “Central State” way.

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