Fiscal Year 2013-14

Total Page:16

File Type:pdf, Size:1020Kb

Fiscal Year 2013-14 THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK OMB Circular A-133 Audit Report Year ended June 30, 2014 (With Independent Auditors’ Report Thereon) THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK OMB Circular A-133 Audit Report Year ended June 30, 2014 Table of Contents Page(s) Independent Auditors’ Report 1 – 2 Financial Statements: Balance Sheets 3 Statements of Activities 4 Statements of Cash Flows 5 Notes to Financial Statements 6 – 30 Schedule of Expenditures of Federal Awards 31 – 56 Notes to Schedule of Expenditures of Federal Awards 57 – 64 Independent Auditors’ Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 65 – 66 Independent Auditors’ Report on Compliance for Each Major Program and Report on Internal Control over Compliance Required by OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations 67 – 68 Schedule of Findings and Questioned Costs 69 – 73 Summary of Prior Year’s Findings and Questioned Costs (Not Covered by Auditors’ Reports) 74 – 75 KPMG LLP 515 Broadway Albany, NY 12207-2974 Independent Auditors’ Report The Board of Directors The Research Foundation for The State University of New York: Report on the Financial Statements We have audited the accompanying financial statements of The Research Foundation for The State University of New York (the RF), which comprise the balance sheets as of June 30, 2014 and 2013, the related statements of activities and cash flows for the years then ended, and the related notes to the financial statements. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with U.S. generally accepted accounting principles; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors’ Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of The Research Foundation for The State University of New York as of June 30, 2014 and 2013, and the changes in its net assets and its cash flows for the years then ended in accordance with U.S. generally accepted accounting principles. KPMG LLP is a Delaware limited liability partnership, the U.S. member firm of KPMG International Cooperative (“KPMG International”), a Swiss entity. Other Matter Our audit was conducted for the purpose of forming an opinion on the financial statements as a whole. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis, as required by Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations, and is not a required part of the financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the schedule of expenditures of federal awards is fairly stated, in all material respects, in relation to the financial statements as a whole. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated September 30, 2014 on our consideration of the RF’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the RF’s internal control over financial reporting and compliance. September 30, 2014, except as to the Schedule of Expenditures of Federal Awards, which is as of December 4, 2014 2 THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK Balance Sheets June 30, 2014 and 2013 Assets 2014 2013 Current assets: Cash and cash equivalents $ 219,200 892,331 Accounts receivable, net 236,460,187 217,354,949 Advances to others 9,786,123 13,451,528 Investments 204,291,066 185,014,017 Due from broker for securities sold 4,769,930 333,358 Other assets 7,778,487 3,343,596 Total current assets 463,304,993 420,389,779 Noncurrent assets: Fixed assets, net 141,067,205 71,882,292 Intangible assets, net 65,605,630 75,639,031 Other assets 41,552,324 25,579,225 Total noncurrent assets 248,225,159 173,100,548 Total assets $ 711,530,152 593,490,327 Liabilities and Net Deficit Current liabilities: Accounts payable and accrued expenses $ 86,826,254 85,025,036 Accrued compensation 10,290,934 13,377,599 Accrued leave 30,407,655 29,634,790 Deferred revenue 150,274,576 137,603,158 Deposits held for others 27,361,223 4,465,447 Current portion of capital lease obligations 7,037,035 6,738,508 Current portion of long-term debt 1,165,631 1,150,878 Line of credit 6,300,000 25,096,988 Total current liabilities 319,663,308 303,092,404 Noncurrent liabilities: Deposits held for others — 1,135,745 Postretirement benefit obligation 278,648,537 280,604,038 Deferred revenue 152,450,318 53,034,270 Capital lease obligations, net of current portion 3,632,983 10,670,018 Long-term debt, net of current portion 7,230,870 8,542,662 Other liabilities 6,302,916 5,260,743 Total noncurrent liabilities 448,265,624 359,247,476 Total liabilities 767,928,932 662,339,880 Unrestricted net assets (deficit): Available for operations 62,597,474 55,672,428 Reserve for future post-retirement benefit costs (118,996,254) (124,521,981) Total net deficit (56,398,780) (68,849,553) Total liabilities and net deficit $ 711,530,152 593,490,327 See accompanying notes to financial statements. 3 THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK Statements of Activities Years ended June 30, 2014 and 2013 2014 2013 Revenue: Grants awarded for research and other sponsored activities: Federal $ 354,576,615 382,783,708 Federal flow through 145,111,559 149,797,157 New York State 188,370,223 193,004,524 Private and other 230,039,324 289,646,332 Total grants awarded for research and other sponsored activities 918,097,721 1,015,231,721 Investment income, net 20,067,417 11,388,943 Inventions and licenses income 20,278,155 7,847,137 Other income 43,497,543 45,035,593 Total revenue 1,001,940,836 1,079,503,394 Expenses: Sponsored programs and other activities 790,813,430 861,800,208 Other program expenses 38,201,028 34,429,287 Administration and support 166,001,332 171,629,729 Total expenses 995,015,790 1,067,859,224 Change in net assets from revenues and expenses 6,925,046 11,644,170 Other changes: Transfer to affiliate organization FRMC — (3,500,000) Postretirement related change other than net periodic benefit gains 5,525,727 34,340,019 Change in net assets 12,450,773 42,484,189 Net deficit at beginning of year (68,849,553) (111,333,742) Net deficit at end of year $ (56,398,780) (68,849,553) See accompanying notes to financial statements. 4 THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK Statements
Recommended publications
  • GA Company List
    List of CA Grants & Annuities Companies CA Company Name Company Code AARP FOUNDATION G4857 ACLU FOUNDATION OF SOUTHERN CALIFORNIA G2891 ACTORS' FUND OF AMERICA (THE) G5084 ADVENTIST FRONTIER MISSIONS, INC. G4797 AFRICA INLAND MISSION INTERNATIONAL, INC. G4921 ALBANY MEDICAL CENTER HOSPITAL G5892 ALBANY MEDICAL COLLEGE G5891 ALLEGHENY COLLEGE G5977 ALLIANCE HEALTHCARE FOUNDATION G4616 ALTA BATES SUMMIT FOUNDATION G4349 ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION, INC. G4701 AMERICAN ASSOCIATES, BEN-GURION UNIVERSITY OF THE NEGEV, INC. G5134 AMERICAN ASSOCIATION OF UNIVERSITY WOMEN, INC. G5870 AMERICAN BAPTIST FOUNDATION G5049 AMERICAN BAPTIST HOMES FOUNDATION OF THE WEST, INC. G2650 AMERICAN BAPTIST SEMINARY OF THE WEST G2651 AMERICAN BIBLE SOCIETY G2652 AMERICAN CANCER SOCIETY, INC. G4420 AMERICAN CIVIL LIBERTIES UNION FOUNDATION, INC. G5590 AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE, INC. G4480 AMERICAN DIABETES ASSOCIATION G5105 AMERICAN FRIENDS OF MAGEN DAVID ADOM G6220 AMERICAN FRIENDS OF TEL AVIV UNIVERSITY, INC. G4840 AMERICAN FRIENDS OF THE HEBREW UNIVERSITY, INC. G4957 AMERICAN FRIENDS SERVICE COMMITTEE, INCORPORATED G2653 AMERICAN HEART ASSOCIATION, INC. G3598 AMERICAN HUMANE ASSOCIATION (THE) G5163 AMERICAN INSTITUTE FOR CANCER RESEARCH (THE) G4684 AMERICAN KIDNEY FUND, INC. G4643 AMERICAN LEBANESE SYRIAN ASSOCIATED CHARITIES, INC. G4610 AMERICAN LUNG ASSOCIATION G4282 AMERICAN MISSIONARY FELLOWSHIP G2656 AMERICAN SOCIETY FOR TECHNION-ISRAEL INSTITUTE OF TECHNOLOGY, INC. G5910 AMERICAN SOCIETY FOR THE
    [Show full text]
  • Albany Medical College Announcement
    Alfemg Jirttral (Mfrg* i Annowtammtt for 13104313 students Attention is called to the fact that ALL regulations and pro- are to be governed by the rules, subject to visions contained in this announcement to repeal, the right of the trustees and faculty them and change, amend or add to them or any of the Faculty (page also to the express reservation by 64). August 1, 1918 Albattg Urirtral (Mfcg* . of Arototmrowttt for 191B-1919 Press of Frank H Evory & Co Albany N Y CONTENTS PAGE Admission to Advance Standing 24 Albany Medical Annals 39 Calendar 4 Clinical Opportunities 32 Departments of Instruction, Announcements of Courses 41 Entrance Requirements 15 Equipment. 37 Examinations 4 Examination and Advancement of Students in Regular Standing. 24 Executive Committee 8 Faculty 9 Fees. 37 General Statement 5 Health Officers, Course for 70 Hospital Appointments 36 Instruction, General Plan of 31 Investigation and Special Instruction 69 Library 39 License to Practice Medicine, State of New York 28 Officers of Union University 7 Prizes. 37 Publications 39 Regents' Rules 15 Registration. 37 Research 69 Schedule of Courses 64 Special Lecturers and Instructors 13 Students, List of 67 Students, Medical Supervision of 39 Teaching Staff 9 Trustees 8 Tuition 37 Vacations. 4 4 UNION UNIVERSITY 1918 — CALENDAR — 1919 1918 September 16, Monday ... Examinations begin for applicants for advanced standing and for men pre- viously conditioned. September 23, Monday. .Academic year begins. Registration of Students. Payment of first half of tuition fee is required on or before this date. November 5, Tuesday Election Recess. Nov. 28, 29 and 30 Thanksgiving Recess.
    [Show full text]
  • Alden March Bioethics Institute of Albany Medical College
    Alden March Bioethics Institute of Albany Medical College Student Handbook www.amc.edu/bioethics www.amc.edu/bioethicsblog www.facebook.com/ambioethics www.twitter.com/ambioethics www.linkedin.com/school/alden-march-bioethics-institute http://apply.amc.edu Table of Contents Introduction ................................................................................................................................................... 4 Institute Director ....................................................................................................................................... 4 Director of Graduate Studies .................................................................................................................... 4 Coordinator of Graduate Studies .............................................................................................................. 4 Faculty ...................................................................................................................................................... 4 Academic Advisors ............................................................................................................................... 4 Faculty Mentor ...................................................................................................................................... 4 Graduate Program Objectives ....................................................................................................................... 4 Student Responsibilities ...........................................................................................................................
    [Show full text]
  • Emma Bendana Student Perspectives
    Education at URMC – Resident Perspectives Name: Emma Ester Bendaña, MD Hometown: Albany, New York Undergraduate Degree: B.S. in Chemistry & Sociology from Union College Graduate Degree: M.S. in Health Systems Administration from Union College M.D. from Albany Medical College Residency: Urological Surgery Areas of Interest: Cultural literacy and medical education; Global health and policy; reconstructive and pediatric urological surgery Background Information I am privileged to have two hometowns – Albany New York and Managua Nicaragua. I am a Nicaraguan by birth and an adopted citizen of the United States. I became a naturalized citizen during my teenage years. As a result, I was given the opportunity to live in two dramatically different yet interconnected worlds: Nicaragua and the United States. I am fluent in Spanish and English and can easily transition from one setting to the other – not only in language but also culture. In Albany New York, I attended Guilderland Central High School where I dedicated my free time to Varsity Women’s Lacrosse, Cross-country running and basketball. In my sophomore year of high school my parents sent me to study French in Paris for a summer. As a complement to my high school experience in Albany, I completed the last portion of high school at the American Nicaraguan School and continued to pursue athletic opportunities and debate club. After high school, I was accepted into the Leadership in Medicine Program. While at Union, I completed my undergraduate training and masters at Union College. After graduation, I spent a summer in Leuven, Belgium studying at the Katholieke Universiteit and then transitioned into my medical training at Albany Medical College.
    [Show full text]
  • PARTNER Fact Sheet – Union College 2021
    PARTNER Fact sheet 2021/2022 Name of Institution UNION COLLEGE Contact Details : Head of the Institution David R. Harris Title President Address 807 Union Street Schenectady, NY 12308 Phone / Fax Phone: 518-388-6101/518-388-6066 Website www.union.edu Lara Atkins International Programs Office International Programs Office Director, International Programs Union College [email protected] Old Chapel, Third Floor Team members Schenectady, NY 12308 USA Ginny Casper Phone: 518-388-6002 Assistant Director, International Programs Fax: 518-388-7124 [email protected] 24-Hour Emergency Cell: 518-573-0471 E-Mail: [email protected] Web: www.union.edu/international Michelle Pawlowski Hours: M-F: 8:30 a.m. – 5 p.m. International Students Services Assistant Director, International Advising Location: Reamer 303 [email protected] Phone: (518) 388-8003 Fax: (518) 388-7151 Shelly Shinebarger Web: www.union.edu/is Director of Disability Services [email protected] Exchange Coordinators : Lara Atkins Contact(s) for Incoming Students Director, International Programs T : 518-388-6002 F : 518-388-7124 E : [email protected] Ginny Casper Contact(s) for Incoming Assistant Director, International Programs Students T : 518-388-6002 F : 518-388-7124 E : [email protected] Donna Sichak Contact(s) for Outgoing Students Assistant to the Directors, International Programs T : 518-388-6002 F : 518-388-7124 E : [email protected] Last modification: 16 November 2020 Page 1 / 4 Academic Information: 2021/2022 Application Term 1 (Fall) : Term 2 (Winter) : Term
    [Show full text]
  • Mycological Society of America Newsletter - June
    MYCOLOGICAL SOCIETY OF A~I~RI~A JUNE IS62 - VOLa XI11 NO. I MYCOLOGICAL SOCIETY OF AMERICA NEWSLETTER - JUNE. TB62 VOL. XI11 NC Rdi ted by? Ri.chard ,,. -2n jamin me rreslaenTmsLet-cer. The Annual Meeting-1962, Oregon Stczte Ur:dversi ty. -- - The Annuel ay-1962, Oregon State University. Mycologic ciety Fellowship Election ,, ,-ficers, VI. Myc ologia, VII. Membership. Sustaining Members. IX. Publications. Research Materials. XI. Major Research Projects. XII. Myc ologic a1 Instruction. Assistantships , Fellowships, and Scholarships. XIV. Mycologists Available. Vacancies for Mycologically Trained Personnel. XVI . Recent Appointments and Transf ers . News of General Interest. XVIII. Other News about Members. XIX. Visiting Scientists. Honors, Degrees, Promotions, Invitational Lectures. The F, - F2 Generations. Rancho Santa Ana Botanic Garden Claremont , C a3if ornia I. THE PRESIDENT'S LETTER To the Members of the Mycological Society of America: When thinking back to my days as a graduate student, this is the least likely position I ever imagined I would be inJ It is indeed a real pleasure to serve the Mycological Society to the best of my ability in this highest and most coveted position. It has been most gratifying to see the enthusiastic response among members when asked to serve in various capacities in the Mycological Society during this year. There is real evidence of a tremendous re- vitalization during the past year. It has been through the laborious efforts of Dr. lark ~ogerson,serving as Acting Editor of M~cologia, the past officers, and the cooperative patience of our members that the ~ycoio~icalsociety has really-gone forward. It is a fine tribute to Clark to have the Council and the Editorial Board unanimously request him to serve as Editor.
    [Show full text]
  • An Overview Albany Medical Center
    An Overview Albany Medical Center Recognizing the need for improved management capabilities and integration of systems, the Albany Medical College and the Albany Medical Center Hospital entered into a new organizational structure known as Albany Medical Center in Albany Medical College 1983. The Center consolidated planning, finances, fund raising, and policy direction for the College and Hospital, Albany Medical College, one of the nation’s oldest private assuring that the two institutions pursue appropriately medical schools, prides itself in offering an intimate, collegial integrated and reinforced missions in health care, education, environment, which fosters humane values and genuine and biomedical research. This Institutional configuration has learning. The Albany Medical College enrolled its first allowed Albany Medical Center to become a well developed students in 1839, however, the impetus for this institution may academic medical center serving as a regional resource for be traced to 1821 when the founder of the college and first twenty-four counties in northeastern New York and west- Dean, Alden March, opened a one-room school and began central New England. offering courses in Anatomy. Every year from the mid-1820s until 1838, Dr. March submitted petitions to the New York The Medical Center is Albany’s largest non-governmental State Legislature to establish an Albany Medical College. In employer with approximately 6,000 employees. The Center is 1830, he delivered “A Lecture on the Expediency of at the hub of a health care network that includes 50 hospitals Establishing a Medical College and Hospital in the City of and more than 3,000 physicians in its 24-county service Albany.” Support from citizen committees and the City of region.
    [Show full text]
  • Research News … from Albany Medical Center
    WINTER 2015 Scientists studying cancer, Research News … cardiovascular disease, immunology and neurosciences help fulfill Albany Med’s mission as a major from Albany Medical Center biomedical research center. Quickening the Pace of Medical Discovery As northeastern New York’s only academic medical center, Albany Med has a mission of advanced patient care, medical education and research. Our research enterprise drives innovation in both patient care and education while also fueling the local economy. INSIDE THIS ISSUE The promise of biomedical and clinical research, and the combination of the two, has 2 Biomedical Research never been greater, and research projects at Albany Medical Center are flourishing. Grants from the National Institutes of Health, the American Heart Lung Association, the 3 Clinical Research American Heart Association and other private, government and corporate sources are 4 Translational Research supporting studies both with patients and in the laboratories at Albany Medical College. Researcher Profile: 5 This support sustains the work of our researchers and physician scientists who collaborate Paul Higgins, Ph.D. in four interdisciplinary teams to further their knowledge and discover the basic Human Trials of underpinnings of cancer, heart disease, stroke, addiction, asthma, high blood pressure, Anti-Addiction Drug 6 allergies, autoimmune diseases, chronic pain, Alzheimer’s disease, epilepsy, influenza Studied at Albany and depression, among many others. Albany Med’s interdisciplinary teams include The Med Begin Center for Neuropharmacology and Neurosciences, the Center for Immunology and Research News 7 Microbial Disease, the Center for Cardiovascular Sciences and the Center for Cancer and of Note Cell Biology. Since 2011, Albany Med has been a member of the NY Cap Research Alliance, along with the University at Albany and Rensselaer Polytechnic Institute.
    [Show full text]
  • Albany Medical College Announcement
    Comptments (J n 3<^2 trj -0t* of %* WILUS G TlJCKER< M. D. I o/2 f Albans IKfbiral Qolligr. 1881. C ATALOGU E ALBANY MEDICAL COLLEGE (tyedical Department of Uniorj University), SOth Session, 1880-81, AND ANNOUNCEMENT FOR SESSION, 1881-82. ALBANY: MUNSELL, PRINTER 1881. 2 Albany Medical College. CALENDAR. The Collegiate Year includes a special Spring Course, and a regu- lar Session. Attendance at the Spring lectures is optional, but is advised to the student. Attendance at the Winter Course, commenc- ing in October, is requisite for graduation. The Spring Session for 1881, commences on the first Monday in April, and continues eight weeks. No Preliminary Examination is required for this course, which is free to matriculants. A Preliminary Course will begin Monday, September 19, 1881, which will be introductory to the Winter Session. The Winter Session for 1881-82, commences on the first Tuesday in October, and continues twenty weeks. Students can matriculate at the commencement of either session. Preliminary Examination. (Held during first week of Winter Session.) Graduates from recognized Colleges, Scientific Schools or Medical Institutions, and students presenting certificates of having success- fully passed an examination for entrance before the censors of the Medical Society of the county from which they come, will not be required to pass the preliminary examination on joining the school. All others will be required to pass an examination, by a page written at the time of which the orthography grammatical construc- tion and penmanship will be considered, and in arithmetic, gram- mar, geography, and elementary physics. The ordinary school text books may be used in preparing for the examination, and in physics Peck's Ganot, or its equivalent is recommended.
    [Show full text]
  • Bulletinof the ALBANY MEDICAL COLLEGE ALUMNI ASSOCIATION VOL
    SPECIAL EDITION SUMMER 2019 BULLETINof the ALBANY MEDICAL COLLEGE ALUMNI ASSOCIATION VOL. NO. 84 2 IN THIS ISSUE: Alumnus named CEO | Awards | Commencement | 2018 Contributors Report | Reunion Please Consider a Bequest in Support of Albany Medical College Avid sports enthusiasts the Graneys enjoy a family ski vacation in Colorado. Sheela Graney, MD ’94 and her husband Tim made a scholarship bequest Members of the ALBANY “ As a medical student I was honored to receive MEDICAL COLLEGE a scholarship. I was grateful for the financial PILLARS SOCIETY have created relief, and found being a scholar reinforced lasting legacies using their bequests, the fact that people really believed in me. My life income gifts and retirement plans. gratitude developed into our commitment to pay the generosity forward. We decided to celebrate my 25th Albany Med Reunion by Learn more, contact Laura O’Brien way of actively encouraging future generations of Assistant Vice President physicians to launch their careers knowing their Gift Planning and Principal Gifts Albany Medical College training has provided (518) 262-6835 | [email protected] them with the expertise, skill and passion to amc.PlanMyGift.org deliver the highest quality care to their patients. Tim and I hope other alumni will join us to create their own scholarship bequest.” Sheela Graney, MD ’94 Pediatrician, Latham, NY Please Consider a Bequest in Support of Albany Medical College BULLETINof the ALBANY MEDICAL COLLEGE ALUMNI ASSOCIATION SUMMER 2019 ALUMNI ASSOCIATION BOARD OF DIRECTORS OFFICERS President Evan Vosburgh, MD ’82 President-Elect David M. Jones, MD ’97 Immediate Past President Kevin W. Roberts, MD ’77 Secretary Nancy C.
    [Show full text]
  • Ualbany and Albany Law School FAQ September 2015
    1 UAlbany and Albany Law School FAQ September 2015 What does this affiliation mean? The University at Albany-Albany Law School affiliation strengthens both institutions with new pathways for students and faculty—creating economic and social benefits for the Capital Region and beyond. What are the benefits of this collaboration? This partnership leverages complementary capacity between UAlbany and Albany Law School. Together we will: Deepen our existing relationship, Develop new academic programs, Create a more collaborative research environment, opening up new sources of grant funding and shaping new areas of scholarship, and Cultivate cross-disciplinary pedagogy and scholarship. Additionally, the affiliation will: Strengthen both UAlbany’s and Albany Law’s roles in growing the upstate high-tech economy and impacting the communities in which we serve, and Facilitate closer recruitment of international students, a priority of both institutions. What will students gain? The new agreement provides UAlbany students with better access to a legal context relevant to their field of study, and creates new pathways for Albany Law students across UAlbany’s vast academic portfolio—particularly in high-growth specializations like cybersecurity, atmospheric science, and information technology. The affiliation will expand on existing pathways and build new ones for students including: Those preparing for the practice of law can join with students preparing for the practice of social work to understand and address more fully the problem of domestic violence. Tomorrow’s scientist can learn about the legal context of environmental contamination. The future attorney can develop expertise in cloud computing and cybersecurity. Students of public administration and law can work together to develop expertise in state regulation and nonprofit management.
    [Show full text]
  • Bulletinof the ALBANY MEDICAL COLLEGE ALUMNI ASSOCIATION VOL
    SPECIAL EDITION SUMMER 2018 BULLETINof the ALBANY MEDICAL COLLEGE ALUMNI ASSOCIATION VOL. NO. 83 2 ALBANY MEDICAL COLLEGE ME 700 LECTURE HALL BY MARK GREGORY, ILLUSTRATOR AND ALBANY MED STANDARDIZED PATIENT. IN THIS ISSUE: Alumni Association Awards | 2018 Commencement | 2017 Contributors Report | Reunion “ Please consider a bequest in support of Albany Medical College.” Dr. Warkentin gave a transformational gift that created e John R. Warkentin Scholarship Endowment. ank you! Members of the ALBANY “ I feel passionate about people of MEDICAL COLLEGE PILLARS SOCIETY have created modest fi nancial means being able lasting legacies using their bequests, to accomplish something they have life income gifts and retirement plans. ey provide inspiration to others to been dreaming of. I made this gift do the same. to help eliminate fi nancial stresses which interfere with people reaching Learn more, contact Laura O’Brien Assistant Vice President, for their dream. I want to protect Gift Planning and Principal Gifts students from beginning their (518) 262-6835 | [email protected] amc.PlanMyGift.org medical career with enormous debt.” John Warkentin, M.D. ’74 Pulmonologist, Richmond, Virginia Warkentin_pillarsad_font.indd 1 7/2/2018 10:37:53 AM BULLETINof the ALBANY MEDICAL COLLEGE ALUMNI ASSOCIATION SUMMER 2018 ALUMNI ASSOCIATION BOARD OF DIRECTORS OFFICERS President Kevin W. Roberts, M.D. ’77 President-Elect Evan Vosburgh, M.D. ’82 Immediate Past President Anthony C. Campagna, M.D. ’85 Secretary Nancy C. Sapio, M.D. ’85 Treasurer David M. Jones, M.D. ’97 Historian Jeffrey D. Hubbard, M.D. ’68 ALUMNI ASSOCIATION DIRECTORS Mitchell H. Bamberger, M.D. ’82 Christopher L.
    [Show full text]