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Philanthropy Impact Report PHILANTHROPY IMPACT REPORT JULY 1, 2018 – JUNE 30, 2019 generation of professionals who SENIOR ADMINISTRATION will keep us safer, create smarter Senior Vice President of Philanthropy infrastructure, expand our mobility & Alumni Engagement CONTENTS and communications and take us Marc Archambault ANNUAL REPORT ON PHILANTHROPY | JULY 1, 2018 - JUNE 30, 2019 back to the Moon … and onward Executive Director of Philanthropy to Mars. Steven Bobinsky 08 ELEVATING BUSINESS The National Academy of Executive Director of Philanthropy Trustee David B. O’Maley takes College Engineering defined 14 Grand Donald Hale of Business to greater heights with gift Challenges, representing the Executive Director of Philanthropy for to integrate business education across world’s most critical technological Presidential and Special Initiatives the curriculum Stephanie Kenyon research challenges. Embry- PRESIDENT’S Riddle is conducting research Executive Director of 10 BLESSINGS FROM ABOVE MESSAGE Alumni Engagement The Reuben H. Fleet Foundation at P. BARRY BUTLER — and training researchers — to Bill Thompson (‘87) the San Diego Foundation establishes meet many of these challenges. EDITORIAL scholarship for flight students Our graduates will develop hen I delivered the new energy sources, secure Executive Director of Communications Anthony Brown 12 A STRONG CONNECTION 2019 State of the cyberspace, enhance virtual Concorde Battery provides a jolt University Address, reality, and engineer new tools for Senior Director of of support to alumni programs and Communications/Editor we displayed recent scientific discovery. Sara Withrow Embry-Riddle students WEmbry-Riddle headlines. These Thanks to the growing Assistant Director of Communications were points of pride from the participation of alumni, friends, Melanie Stawicki Azam 20 EYE-OPENER past year: competitions won by faculty and staff, we provide the Assistant Director of Digital Longtime employee Sharon Amick our students, grants earned by resources and opportunities that Engagement & Philanthropy discovers small gifts make a faculty members, top rankings make us a powerful magnet for Alan Marcos Pinto Cesar difference, and keeps on giving for our programs, and more. talent. We are attracting more DEVELOPMENT SERVICES You are a big part of the story students, with higher grade- 22 THE RIPPLE EFFECT Executive Director of Philanthropy behind those headlines. point averages, than ever. We With a historic flight log and gift and Alumni Data Services 2019 Boeing Scholar In championing the work that are collaborating on research or John Neff Irvin Espinoza to the Eagle Impact Fund, Corinne we do, as an ambassador who workforce development programs Smith’s love of air and sea touches PUBLISHING & DESIGN the lives of Embry-Riddle students shares our story or as someone with virtually every leader in who advances our future with aerospace. Our professors are Casual Astronaut 24 SCHOLARSHIPS TURN a donation, your support allows distinguishing themselves by Creative Director 14 REACHING NEW HEIGHTS Marc Oxborrow DREAMS INTO REALITY us to explore and excel. Even earning grants and awards from The Boeing Company creates a Funding has major impact a modest gift that adds to a the National Science Foundation, Chief Client Officer Paul Peterson $3 million endowed scholarship on student success scholarship fund or puts new NASA, the Department of Energy to support the next generation of technology in our classrooms and the Department of Education. aviation and aircraft maintenance 26 A SECURE INVESTMENT and labs can have a life- Embry-Riddle is the right professionals Parents Bruce and Mary Harvey changing impact on students. place at the right time with FLORIDAOFFICE OF| ARIZONA ALUMNI EN | GAWORLDWIDEGEMENT support Embry-Riddle’s mission to Through philanthropy, you the “right stuff.” Your gift to us become a leader in cybersecurity Embry-Riddle Aeronautical University make an immediate difference. has more impact than ever — Departments education and research is a tax exempt, independent, nonprofit, We are grateful for your immediately, and is an investment nonsectarian, coeducational university. confidence in us and for your in breakthroughs to come. Nonprofit ID: 59-0936101. 01 PRESIDENT’S MESSAGE 28 THE POWER OF PLANNED GIVING generosity toward the students Thank you. © 2019 Embry-Riddle Aeronautical 02 REPORT ON PHILANTHROPY Helen Wessel’s planned gift University. All rights reserved. provides transformational we serve. Ensuring student 04 LIFETIME & LEGACY DONORS success is our top priority. Sincerely, This report reflects contributions in cash, stock support to the aerospace and other gifts-in-kind received between July 1, 32 MEMORIAL ENDOWED SCHOLARSHIPS physiology program What is easy to overlook is 2018, and June 30, 2019. Every effort has been made to ensure the accuracy of this report and the that by advancing our mission, related online donor recognition lists at givingto. ON THE COVER: Shaddi Abdala is one of 19 inaugural Boeing Scholars. See story on page 14. (PHOTO BY DAVID MASSEY) you make a long-term difference, P. Barry Butler erau.edu/donor-recognition. Please accept our apologies for any errors or omissions. Contact as well. You help shape the next President the Impact Reporting unit at 800.362.9285; or email [email protected] with any corrections, We hope you enjoy these stories of how philanthropy can change lives. questions or address changes. INSPIRED? If you are inspired to give, please visit givingto.erau.edu and “Make a Gift” or email [email protected]. DARYL LABELLO DARYL 2018-19 PHILANTHROPY IMPACT REPORT • EMBRY-RIDDLE AERONAUTICAL UNIVERSITY 1 Total Philanthropy $1.8 STRENGTH IN $26,502,184 MILLION DONOR-FUNDED Faculty/Staff Estates $168,542 $165,257 Cash & SCHOLARSHIP Faculty Support Equivalents AWARDS WERE NUMBERS Programs/Outreach $71,609 Trustees Alumni Parents Pledges $9,972,630 $12,139,623 $1,518,940 $510,834 $174,538 $7,725,698 MADE TO EMBRY- n fiscal year 2019, Embry-Riddle RIDDLE STUDENTS. supporters set a new standard of Private I Foundations generosity, contributing more than $911,703 $26.5 million to the university — the Scholarships/ Corporations most raised in any one year in university history. BY Fellowships BY BY TYPE 38 $4,982,588 Alumni, faculty, staff, students and friends also PURPOSE $12,119,659 SOURCE OF GIFT NEW SCHOLARSHIPS came out in unprecedented numbers for the fourth WERE CREATED year in a row, with a record 5,655 donors stepping TOTALING MORE up in support of the university and its programs. In-Kind That’s especially good news for our students. $1,455,075 THAN $3.9 MILLION. Donors contributed $12.1 million to scholarships, Friends Planned Gifts General/Unrestricted Facilities/Equipment ensuring that talented Eagles with financial need $18,069,782 $7,348,781 $639,901 $1,531,392 will have more options to fund their dreams. These gifts will also empower the university with $1,000 additional resources to recruit and retain the kind WHEN COMPILED, of difference makers for which Embry-Riddle has INDIVIDUAL become well known — like Francisco Pastrana and Emily Taylor [see page 28]. CONTRIBUTIONS And once students like these arrive at Embry- OF $1,000 OR Riddle, they will find innovative new programs Total Number of Donors LESS ADDED UP Embry-Riddle Endowment and services at the ready, thanks to $12.1 million TO $835,757 TO $159,623,000* in contributions to strengthen academic and 6,000 BENEFIT STUDENTS student success programs. With these vital AND PROGRAMS AT philanthropic investments, the university is creating an environment personally tailored for student 5,000 THE UNIVERSITY. success. From the exciting developments in our aerospace physiology program made possible by 5,655 Helen Wessel’s transformational planned gift [see 4,000 page 32], to our current efforts to expand student 238 advising, counseling and diversity programs, ACTIVE 3,000 Embry-Riddle is raising the bar on creating SCHOLARSHIP academic, professional and social experiences that FUNDS AT address the needs of the whole student. 3,564 3,448 2,000 3,378 EMBRY-RIDDLE. Our collective philanthropy in support of 3,233 3,111 3,028 3,000 2,989 2,947 students continues to rise as well. Individual 2,942 2,712 contributions of $1,000 or less to benefit students 2,732 1,000 2,301 2,295 and programs at the university — added up to 2,160 *The total value of the university’s $835,757, up 8.1% from the previous year. 1,857 long-term investment portfolio A record fundraising year, coupled with a strong 1,640 includes endowed funds and other Record-breaking number of donors Record-breaking long-term investments. Factors 0 1,309 investment strategy and financial market, helped such as investment return, contributions and distributions raise Embry-Riddle’s endowment to an all-time (i.e. scholarship awards) high of $159,623,000. 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 determine the market value. 2 EMBRY-RIDDLE AERONAUTICAL UNIVERSITY • 2018-19 PHILANTHROPY IMPACT REPORT 2018-19 PHILANTHROPY IMPACT REPORT • EMBRY-RIDDLE AERONAUTICAL UNIVERSITY 3 LIFETIME & LEGACY DONORS Through their support and enthusiasm for the Embry-Riddle mission and Alumni and Friends Edward T. Bedford Foundation Link Foundation Michael (’69) their passion for philanthropy to the university, members of the Leadership Matthew Andersson (’78) Braniff Silver Eagles Charitable Lockheed Martin Corporation and Jacqueline Fitch Gift Societies continue to build the legacy that is Embry-Riddle. Estate of Farshad K. Babazadeh Brown & Brown Insurance MAG Aerospace William* and James* and Essie Barfield* Cessna Foundation Marmot Foundation Betty Jane* France The lists below reflect cumulative lifetime and planned gifts to the university as of June 30, 2019. Theodore (’82; ’89) Cobb & Cole Mead Witter Foundation Rudy and Lucille Frasca and Muriel Beneigh Combined Federal Campaign The Miami Foundation George and Helen Gallaspy J. Powell and Nancy Brown Command Medical Products Mission Air Support Albert and Toni* Helfrick Lee Noe Robert* and Jennifer Crouch Computer Presentations Northrop Grumman Corporation Thomas Higgins Jr.* LEADERSHIP GIFT SOCIETIES Jack R.
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