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What a Difference a Year Makes Our Partners OUR PARTNERS UC SANTA CRUZ A progress report on philanthropy of the UC Santa Cruz Foundation, 2007–08 What a difference a year makes Entering my second year as president, I’m astounded by the differences a year can make. Most notably, we saw the inauguration of Chancellor George Blumenthal, who honored UCSC’s founders by reminding us that we were to become a “campus for the next century”—a campus of brilliant scholars dedicated to educating tomorrow’s leaders and breaking new ground in their chosen research fields. It is gratifying to see faculty, students, and staff embarking on bold programs to build the world’s largest telescope, protect coastal and marine communities, bring health services to under- served populations, and develop storage technology to securely house increasingly complex data sets. True to the founders’ vision, the continuing emphasis on undergraduate education leads to a disproportionately high percentage of alumni who pursue graduate and professional degrees (not to mention, the receipt of Pulitzer, MacArthur, and countless other awards). These achievements, however, would not have been possible without your support. Gifts to the campus increased 25 percent last year, and the Foundation is rapidly mobilizing itself to launch even more ambitious efforts in the coming years. Supporting UCSC’s unique brand of scholar- ship is testimony to your commitment and passion for seeking excellence amidst the beauty of the redwoods on the hill. On behalf of the Board, I cannot thank you enough for your dedication and support. What can we do together to make next year even better? Gordon Ringold President, UC Santa Cruz Foundation 1 ■ Other Organizations: $2,587,213 (8.2%) FINANCIAL OVERVIEW Private gifts making a difference With over $31.5 million in private contributions during 2007–08, your support helped make this the third-highest fundraising year in UCSC history. Growth of UC Santa Cruz Endowment Trust/Unitrust: 2003–2008 Source of Private Funds: 2007–08 (Millions of dollars) (Total: $31,578,095) College Endowments Source of Private Funds: 2007–08 UC Santa Cruz Endowment Growth: 2003–08 (Total: $31,578,096) (Millions of dollars) Total (as of June 30, 2008) Funds Invested UCSC’s 10 colleges 120 provide supportive Trust/Unitrust Funds living-learning com- 100 munities within the 80 larger university. The UC Regents Endowment college endowments are (UCSC’s portion) 60 an important source of funds for the colleges, ■ Foundations: $15,721,923 (49.8%) 40 supporting expanded ■ Businesses: $5,579,738 (17.7%) core courses and special ■ Other Individuals: $5,343,227 (16.9%) 20 UC Santa Cruz Foundation Endowment ■ Other Organizations: $2,587,213 (8.2%) programs for students. ■ Alumni: $1,446,759 (4.6%) 0 ■ Parents: $858,468 (2.7%) ■ Campus Organizations: $40,768 (0.1%) Cowell—$2,682,111 2003–04 2004–05 2005–06 2006–07 2007–08 Crown—$1,080,862 UC Santa Cruz Use of Private Funds: 2007–08 Endowment Performance: 2003–2008 (Total:Use of 31,578,095) Private Funds: 2007–08 UC Santa Cruz Endowment Performance: 2003–08 Kresge—$180,184 (Total percentage return for fiscal year ending June 30) (Total: $31,578,095) (Total percentage return for fiscal year ending June 30) Merrill—$670,886 30% Oakes—$3,078,775 25% Porter—$7,881,676 UC Santa Cruz Foundation Stevenson—$696,179 20% Endowment Comparison Performance College Eight —$105,605 15% Value Benchmark return based on the University College Nine—$10,220 of California’s Office of ■ Faculty Research: $17,158,464 (54.3%) 10% the Treasurer’s composite College Ten—$10,220 ■ Other Purposes*: $9,443,296 (29.9%) of performance indices. ■ Instruction: $1,517,280 (4.8%) See http://www.ucop.edu/ treasurer/invinfo/ ■ 5% Campus Improvement: $1,426,874 (4.5%) investment_info.html ■ Student Support: $1,057,564 (3.3%) ■ Department Support: $818,042 (2.6%) 0% Annual Rate of Inflation ■ Unrestricted: $156,575 (0.5%) * Gifts to the University Library, Arboretum, KZSC, 2004–05 2005–06 2006–07 2007–08 2 Women’s Club, Farm & Garden, Affiliates, Extension, 2003–04 Sesnon Art Gallery, and other campus galleries. Annual Giving Total: $2,373,795 FiscalAnnual Year July Giving 1, 2007– TotalJune 30, 2008 FINANCIAL OVERVIEW 2007–08:Source of$2,373,795 Annual Gifts UC Santa Cruz Foundation Board of Trustees Source of Gift The UC Santa Cruz Foundation is a nonprofit, all-volunteer organiza- tion formed in 1974 to support the University of California, Santa Cruz. In close partnership with UCSC’s chancellor, faculty, and staff, the Foundation encourages and accepts private gifts to address critical campus needs not met by state funds. ■ Other Individuals: $810,247 (34.1%) Elected Trustees Mary E. Doyle Patrick G. Riley ■ Alumni: $558,767 (23.5%) (Porter ’74) (Cowell ’68) ■ Parents: $447,110 (18.8%) Gordon M. Ringold ■ Corporate: $267,737 (11.3%) (Crown ’72) Robert T. Falltrick Garry A. Spire ■ Other Sources: $192,335 (8.1%) President (Cowell ’69) (Stevenson ’77) ■ AnnualFoundations: Giving Total: $70,750 $2,373,795 (3.0%) Fiscal■ Campus Year July Organizations: 1, 2007–June 30, $26,849 2008 (1.1%) Richard F. Moss James W. Fuller Loren A. Steck For Use by Activity Center (Stevenson ’85) (Porter ’73) For Use by Activity Center Vice President of Academic Theodore C. Goldstein Affairs (Stevenson & Oakes ’83) Antonio R. Velasco (Crown ’75) Gary D. Novack Allan J. Goodman (Kresge ’73) (Stevenson ’67) Retiring Foundation Vice President of Board Affairs Trustees Michael P. Graydon Kristen Tibbitts (Cowell ’70) The following Foundation trust- (Graduate Studies ’91) ees retired during the past year. Paul J. Hall Vice President of Regional We thank them wholeheartedly (Merrill ’72) Affairs for their dedicated service! ■ Student Affairs: $533,467 (22.5%) ■ PBSci Division: $506,149 (21.3%) Kamil H. Hasan Susan W. Hammer Narpat Bhandari ■ Arts Division: $372,492 (15.7%) Parliamentarian ■ Chancellor’s Office*: $306,420 (12.9%) Matthew J. Howard Ramesh H. Bhojwani ■ Colleges: $219,550 (9.2%) (Crown ’85) Sara Bachman Allen ■ Soc Sci Division: $196,948 (8.3%) Timothy J. Morgan ■ Humanities Division: $92,068 (3.9%) Narinder S. Kapany Jack Baskin (Cowell ‘70) ■ Library: $85,430 (3.6%) ■ President, 1981–83 Engineering: $61,271 (2.6%) Frans M. Lanting Leticia Quezada *Covers campuswide programs including (Oakes ‘75) unrestricted financial aid Barbara W. Canfield Anne Neufeld Levin President, 1991–93 Donald E. Cooley AnnualAnnual Giving Totals Totals: for Past 2003–08 Five Years President, 1989–91 (Millions of dollars) Anuradha Luther Maitra (Millions of dollars) President, 2005–07 Theresa J. Davis 2.8 Kumar Malavalli 2.4 Harriet L. Deck 2.0 Kiran Malhotra Larry deGhetaldi 1.6 (Merrill ’76) Nion T. McEvoy 1.2 (Porter ’74) 0.8 Kenneth J. Doctor 0.4 (Merrill ’71) Lawrence A. Moskowitz 0.0 (Cowell ’74) 2003–04 2004–05 2005–06 2006–07 2007–08 3 OUR PARTNERS, 2007–08 Honor Roll of Donors University Benefactors Between July 1, 2007, and June 30, 2008, more than 12,000 alumni, parents, individuals, (pages 4–6) are individuals, foundations, businesses, and and organizations supported UC Santa Cruz with gifts totaling $31.6 million, an increase of other organizations that have made cumulative contribu- 25 percent over the previous year. This Honor Roll of Donors acknowledges those contributors. tions of $50,000 or more over the history of the campus. The 21st Century Club (pages ANNUAL GIVING: CREATING PHILANTHROPIC COMMUNITY 6–7) acknowledges those who have made deferred gifts or Through UCSC’s Annual Fund, donors provide crucial ongoing support for their favorite col- provisions in their estates that lege, department, division, or program, or for the Chancellor’s Fund for Excellence and Parents will benefit UC Santa Cruz. Fund, which help meet critical campus needs. Alumni Contributors (those who attended UCSC for three or more quarters, pages 7–15) Annual Giving programs at UCSC raised $2.37 million, including nearly $560,000 from alumni are listed by class year and and $447,000 from parents. “We’re especially thrilled to see parents stepping up to support the giving society (see below). If listed with a spouse or part- campus,” says Adam Goduto, director of development for the Annual Fund. “They’re an integral ner, the UCSC alumnus/a of part of the UCSC community, and we’ve been working very hard to involve them in meaningful that class year is listed first. If both are alumni, the list- ways.” Indeed, this year, UCSC instituted the Parents Council, which will provide parents with ings are followed by *. an opportunity to raise and direct funds for special projects benefiting students. Parent Contributors (pages 15–21) For information about supporting UCSC’s Annual Fund or Colleges, contact Goduto at Individual Contributors (donors (831) 459-2489 or [email protected]. To give online, go to review.ucsc.edu/giving. who are not alumni or current parents, pages 21–29), are list- ed according to giving society. University Florence French (d) PALCO Laboratories William and Susan Irwin (d) Business, Foundation, and Goldman Sachs Foundation Pew Charitable Trusts Pirkle Jones and Jennifer McFarland Organization Contributors Benefactors Gray Whale Ranch Investors and Rockefeller Foundation John and James Knight Foundation (pages 30–31) and Trusts (page Ranch Properties San Francisco Foundation Jean Langenheim# 31) are listed alphabetically. Gifts Totaling $5,000,000 or more Alfred Hahn (d) H. Boyd and Deborah Seymour, Jr. Roberta Lumb (d) Ardis Hyde (d) Silicon Valley Community Thomas Lumb (d) UC Santa Cruz Foundation Jack Baskin† and Peggy M. Downes Baskin# Philip Hyde (d) Foundation John and Catherine MacArthur Trustees currently serving are William and Flora Hewlett Intel Corporation Alfred P. Sloan Foundation Foundation indicated by †, and former Foundation Helen Diller Family Supporting Barbara Snader (d) Dean McHenry (d) trustees by ‡.
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