University System of Georgia Foundation, Inc. Annual Report FY2006 BOARD OF TRUSTEES UNIVERSITY SYSTEM OF GEORGIA FOUNDATION, INC. FY 2007 (July 1, 2006 to June 30, 2007) Richard Lee Tucker, Sr. F r a n k R o s . Hugh A. Carter, Jr. Chancellor Erroll B. Davis Jr. (USGF Chairman) (USGF Vice Chairman) (USGF Secretary & Treasurer) Chancellor (Ex Officio) Arlington Capital, LLC The Coca-Cola Company Darby Printing University System of Georgia 1505 Lakes Pkwy., # 150 Assistant V.P., Latin Affairs 6215 Purdue Drive 270 Washington Street, SW Lawrenceville, GA 30043 P.O. Box 1734. Atlanta, GA 30336 Room 7028 Phone: 770-232-8800 Atlanta, GA 30301 Phone: 404-676-2181 Atlanta, GA 30334 Fax: 678-990-8988 Phone: 404-676-2181 Fax: 404-515-7939 Phone: 404-656-2202 Fax: 404-515-7939 Fax: 404-657-6979 Term Ends: Jun. 2010 Term Ends: Jun. 2007 Term Ends: Jun. 2007 Board Members J. Timothy Shelnut Hilton H. Howell, Jr. James D. Yancey L e e B u r g e Four Seasons Securities Atlantic American Corporation Synovus Financial Corporation Equifax 209 Hudson Trace President & CEO Retired Chairman Retired Chairman Augusta, GA 30907 4370 Peachtree Rd., N.E. 901 Front Avenue / Suite 301 P.O. Box 4081 Phone: 706-868-1688 Atlanta, GA 30319 Columbus, Georgia 31901 Atlanta, GA 30302 Fax: 706-868-1690 Phone: 404-266-5505 Phone: 706-649-2006 Phone: 404-760-3770 Fax: 404-266-8107 Fax: 706-649-4819 Fax: 404-888-5088 Term Ends: Jun. 2007 Term Ends: Jun. 2007 Term Ends: Jun. 2010 Term Ends: Jun. 2007 Donald M. Leebern, Jr. Dwight Evans Gita Hendessi Glenn White Georgia Crown Distributing Co. Exec. VP & Pres. Ext. Affairs President CEO Chairman Southern Company Hendessi & Associates LLC First Bank of Gwinnett 100 Georgia Crown Drive 30 Ivan Allen Jr. Blvd. NW. 1700 Commerce Drive NW 2230 Riverside Parkway McDonough, GA 30253 Bin SC1501 Atlanta, GA 30318 Lawrenceville, GA 30043 Phone: 770-302-3000 Atlanta, GA 30308 Phone: 404-609-9757 Phone: 678-376-3010 Fax: 770-302-3109 Phone: 404-506-0501 Fax: 404-609-9657 Fax: 770-236-9261 Fax: 404-506-0504 Term Ends: Jun. 2007 Term Ends: Jun. 2010 Term Ends: Jun. 2010 Term Ends: Jun. 2010 Part-time Staff Jan Kettlewell Sara Connor Debbie Lasher, CPA Sharon R. Duhart Executive Director Asst. Executive Director Asst. Treasurer Asst. Secretary USG Foundation, Inc USG Foundation, Inc USG Foundation, Inc. USG Foundation, Inc. P.O. Box 38001 P.O. Box 38001 P.O. Box 38001 P.O. Box 38001 Atlanta, GA 30334 Atlanta, GA 30334 Atlanta, GA 30334 Atlanta, GA 30334 Phone: 404-656-2261 Phone: 404-463-1745 Phone: 404-656-1472 Phone: 404-463-3659 Fax: 404-657-0336 Fax: 404-657-0336 Fax: 404-463-1760 Fax: 404-463-2032 Advance The University System of Georgia Foundation, Inc. will support the University System of Georgia with the following strategic goals and actions: n Recognize excellence through the distribution of scholarships to each of its institutions for award to academically talented students. n Recognize excellence through annual awards to distinguished faculty and alumni. n Solicit funds, grants and contributions to support and advance the charitable purposes described in the USGF Operating Principles and the priorities of the University System of Georgia. n Support the educational goals and objectives of the Board of Regents, University System of Georgia, and the Chancellor. 2 0 0 6 R e g e n t s ’ A w a r d s f o r E x c e l l e n c e in Education The University System of The second annual recognition Two of the President’s Georgia Foundation, Inc. and awards dinner was held Choice Scholars provided the established the Regents’ on January 28, 2006, at the welcome and spoke about the Awards for Excellence in Georgia Aquarium in Atlanta. impact of the scholarships Education to recognize As part of the evening on their academic careers. the contributions and festivities, silent auction Frank Ros of the Coca-Cola achievements of its students, tables were displayed by each Company introduced the faculty and alumni. To that of the University System of award presentations. Cecil end, the Foundation created Georgia institutions prior to Phillips from Place Properties, the Regents’ President’s the beginning of the program. a presenting sponsor, Choice Scholarships for The event was hosted by announced the Regents’ academically-talented Chairman J. Timothy Shelnut. Hall of Fame Alumni Awards. students, the Regents’ Georgia Governor Sonny Regent Donald M. Leebern, Lifetime Achievement Award, Perdue, USG Chancellor- Jr., from Georgia Crown and the Regents’ Hall of Designate Erroll B. Davis, Distributing Corporation, Fame Awards to honor faculty Jr., Interim USG Chancellor another presenting sponsor, and alumni in the University Corlis Cummings, most of the announced the Regents’ Hall System of Georgia. 18-member Board of Regents, of Fame Faculty Awards. The and several Regents Emeriti highlight of the evening was attended the event. During the presentation of the Elridge the evening, guests were McMillan Lifetime Achievement treated to the wonderful Award to Louise McBee. music of student groups from Georgia State University and The University of Georgia including jazz combos, the Georgia Brass, and the University Singers. 2006 Regents’ Awards for Excellence in Education 2006 Alumni Hall of Fame The Elridge McMillan Lifetime Achievement Award recipients: Elridge McMillan, that developed safeguards for Research Universities example, does the right thing for the HOPE Scholarship. She Carl E. Sanders, The University the right reason, and is a highly the longest-serving introduced legislation that created of Georgia Governor Sanders ethical man. He is known to be the current member of the the Georgia Higher Education was Georgia’s governor from 1963 best of men and the Savings Plan and worked to finest of leaders. Board of Regents, was to 1967. He has been associated improve retirement benefits for with the University of Georgia Two-year and the inaugural recipient University System employees. for 63 years, beginning with his State Colleges Widely respected for her integrity, of the board’s “Lifetime enrollment in 1942 on a football Ray Woods, East Georgia diligence and leadership, Dr. McBee scholarship. After interrupting his College Mr. Woods has been Achievement Award.” has received numerous honors education to serve in World War employed with the Emanuel County In recognition for McMillan’s long including the Governor’s Award II, he returned and subsequently Board of Education as Director career serving higher education, in the Humanities. The University graduated from the School of Law of Title I, Risk Management and the award is officially named of Georgia has established a in 1948. Throughout his public Social Work/Student Services “The Elridge McMillan Lifetime professorship and an annual lecture life—as a member of the Georgia since 2000. He is recognized for Achievement Award.” The named for Dr. McBee. House of Representatives, the his extraordinary commitment to award is given in recognition of Georgia Senate and as Governor— East Georgia College’s mission, for extraordinary service to higher hree notable USG alumni Carl Sanders gave highest priority the life he has devoted to helping education in Georgia. and four outstanding faculty were honored to improving education in Georgia. others, for his leadership in an The 2006 recipient of the Elridge T Because of his dedicated efforts, during the event with “Regents’ array of collaborative initiatives, McMillan Lifetime Achievement Hall of Fame Awards” for their Governor Sanders earned the title and for his lifelong service to his Award is Louise McBee, Vice significant contributions to public “Georgia’s Education Governor.” community. As a licensed master President Emeritus for Academic higher education in Georgia or Carl Sanders is one of the all-time social worker for the State of Affairs, The University of Georgia. outstanding accomplishments in great champions of education in Georgia, Mr. Woods, through his A native of Strawberry Plains, their field of endeavor. The Board Georgia vision and support, has developed Tennessee, she joined the of Regents solicited nominations Four-year and many successful programs that University of Georgia in 1963 as for the awards from all 35 USG Regional Universities directly impact and improve the dean of women and over the next institutions. A panel of University David M. Ratcliffe, Valdosta quality of life for children and 25 years held several administrative System officials evaluated the State University Mr. Ratcliffe families in the region. Ray’s posts including dean of student faculty nominations, and an took the reins as President of the affiliation with local organizations affairs and assistant and associate external panel named by the Southern Company, one of the is extensive, and his involvement vice president for academic affairs. University System of Georgia largest generators of electricity in provides inspiration to students, She is credited with helping Foundation evaluated alumni the United States, in April 2004. as well as colleagues. Mr. Woods is provide the University with stable, nominations. Both the faculty and Shortly thereafter, he took on truly a servant to his community progressive leadership in a period alumni awards recognized awardees the titles of Chairman and CEO. A of notable growth in size and from three categories of USG 1970 graduate of Valdosta State 2006 Faculty quality. When she retired in 1988 as institutions: research universities, University, Mr. Ratcliffe taught acting vice president for academic Hall of Fame four-year and regional universities, biology at Valdosta High School affairs she was the university’s and two-year and state colleges. right out of college. He began recipients: second-highest ranking official. The four faculty recipients each his career with Georgia Power Research Universities In 1991 she was elected to the received a $5,000 award from as a biologist in 1971 and held Georgia House of Representatives Barbara R.