Annual Report On Gifts And Contributions 2014 - 2015 VIRGINIA STATE UNIVERSITY

“I don’t know what the future may hold, but I know who holds the future.” RALPH ABERNATHY

• • • • • •

Alfred W. Harris founded present-day Virginia State University in 1882. It was then known as Virginia Normal and College Institute and represented the nation’s first fully state-assisted college or university for blacks. Today, only about one-third of VSU’s operating budget comes from state funding.

A comprehensive university, VSU is one of two land-grant institutions in the Commonwealth of Virginia. Our mission is to promote and sustain academic programs that integrate instruction, research, and extension/public service in a design most responsive to the needs and endeavors of individuals within our scope of influence.

The University educates over 5,600 students who are majoring in one of 34 undergraduate programs leading to a bachelor’s degree and 18 graduate level, master’s and doctoral programs.

Ultimately, the University is dedicated to the promotion of knowledgeable, perceptive, and humane citizens – secure in their self-awareness, equipped for personal fulfillment, sensitive to the needs and aspirations of others, and committed to assuming productive roles in an ever-changing global society.

Through community involvement, a challenging academic program, diverse student organizations and exciting extracurricular activities, Virginia State University is Building a Better World. VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

2014 | 2015 ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS

Table of Contents

Message from the Office of Institutional Advancement...... 1 Donor Bill of Rights...... 3 VSU Board of Visitors...... 4 VSU Foundation Board of Trustees...... 5 VSU & VSUF Combined Summary Report...... 6 VSU Endowments...... 7 VSU Statement of Net Assets...... 9 VSU Foundation Endowments...... 11 VSU Foundation Balance Sheet...... 14 Endowment Performance...... 15 Annual Fund...... 16 Tuition Assistance...... 17 Alumni Giving...... 18 Powell Society...... 19 Corporate & Foundation Giving...... 20 Presidential Scholars Benefit Golf Tournament...... 21 Scholarship Recipient Profile...... 22 Scholarship Awards...... 23 What’s Happening at VSU...... 24 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

MESSAGE FROM THE OFFICE OF INSTITUTIONAL ADVANCEMENT

We are pleased to present the 2014-2015 Annual Report on Gifts and Contributions to Virginia State University. This was a challenging, yet special year for all of us, as VSU continues to strive to attract and retain the best and brightest students.

Virginia State University began the 2015 calendar year at a crossroad. The University faced a multimillion dollar financial shortfall; student enrollment was steadily decreasing; and there was increasing discontent among students and alumni alike. However, through conservative budgeting and planning, along with a commitment to operate like the multimillion dollar business that it is, VSU wiped out a $19 million budget shortfall and finished the fiscal year with a $3 million+ surplus. Enrollment for both Spring and Fall semesters exceeded projections, allowing for a more robust student experience. Alumni and student pride was palpable, as indicated by record numbers of proud Trojans returning for Alumni Weekend and Homecoming.

Every generation strives to make things better and provide a more positive experience for those who follow. The scholarships and endowment funds you support are educating today’s students who represent the next generation of professionals whose work will advance the living standards and quality of life for the world.

At Virginia State University we are proud to be the vehicle that will transport our students into the future with confidence, a quality education and a sense of mission as they embark upon their respective careers or engage in graduate studies. We are encouraged and most grateful to have you as a partner on this journey.

Thank you for your continued support of Virginia State University. Hail State! Hail State! Hail, Hail, Hail!

1 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

2 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

A DONOR BILL OF RIGHTS

PHILANTHROPY is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To assure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the not-for-profit organizations and causes they are asked to support, we declare that all donors have these rights:

I. VI. To be informed of the organization’s mission, To be assured that information about of the way the organization intends to use donated their donations is handled with respect and with resources, and of its capacity to use donations effectively confidentiality to the extent provided by law. for their intended purposes. VII. II. To expect that all relationships with To be informed of the identity of those serving on individuals representing organizations of interest to the the organization’s governing board, and to expect the donor will be professional in nature. board to exercise prudent judgement in its stewardship responsibilities. VIII. To be informed whether those seeking III. donations are volunteers, employees of the To have access to the organization’s organization or hired solicitors. most recent financial statements. IX. I V. To have the opportunity for their names to be deleted from To be assured their gifts will be used for mailing lists that an organization may intend to share. the purposes for which they were given. X. V. To feel free to ask questions when making a donation and to To receive appropriate receive prompt, truthful and forthright answers. acknowledgement and recognition.

Developed by Endorsed by American Association of Fund Raising Counsel (AAFRC) (in formation) Association for Healthcare Philanthropy (AHP) Independent Sector Council for Advancement and Support of Education (CASE) National Catholic Development Conference (NCDC) Association of Fundraising Professionals (AFP) National Committee on Planned Giving (NCPG) Council for Resource Development (CRD) United Way of America

Please help us distribute this widely. 3 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

VSU BOARD OF VISITORS 2014-2015

Gubernatorial Dr. Alma Hobbs Appointments Board Member Mr. Harry Black Rector Mr. Frederick S. Humphries, Jr. Board Member Mr. Willie C. Randall Vice Rector Ms. Jennifer Hunter Board Member Mrs. Daphne M. Reid Secretary Mr. Xavier Richardson Board Member Mr. George K. Anas, II Board Member Mr. Huron Winstead Board Member Ms. Thursa Crittenden Board Member Student and Faculty Representatives Dr. Daryl Dance Dr. Milton O. Faison Board Member Faculty Representative

Mr. Felix Davis, Jr. Mr. Hyisheem Calier Board Member SGA Representative

Dr. Robert E. Denton, Jr. Board Member

Mr. Terone B. Green Board Member

Mr. Charlie Hill Board Member

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VSU FOUNDATION BOARD OF TRUSTEES 2014-2015

Mr. Frank Jones Mrs. Clementine S. Cone Chairman Board Member

Mrs. Kimberley L. Martin Mrs. Beverly Everson-Jones Vice-Chair Board Member

Mr. Samuel R. Rhue, Sr. Mr. Dante Jackson Treasurer Board Member

Mr. Willis Gay Mr. Vandy Jones Secretary Board Member

Dr. Robert L. Turner, Jr. Valarie Abbott Jones, Esq. Executive Director Board Member

Mr. George K. Anas, II Mr. George Otey VSU BOV Representative Board Member

Col. (Ret.) William E. Bailey Mr. James Sanders Board Member Board Member

Mr. Harrison Bonner, III Mrs. Connie W. Smith Board Member Board Member

Mr. Frasier W. Brickhouse, II Mr. Emmett Smith Board Member Board Member

Mr. Wilbert J. Briggs, Sr. Others: Board Member Dr. Pamela V. Hammond VSU Interim President Mr. Charles A. Brockett Board Member Mr. George K. Martin Attorney Mr. Hank Coleman Board Member Ms. Kimberley A. Adams Manager, Foundation Accounting

5 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

VSU & VSUF COMBINED SUMMARY REPORT 2014-2015

2013 - 2014 2014 - 2015 # of Donors Total Rec’d # of Donors Total Rec’d Total University Funds 861 $ 1,270,020.85 1,157 $ 1,156,660.41 VSU Foundation Funds 1,293 $ 1,385,864.43 1,538 $ 1,807,189.42 Total University & Foundation Funds 2,154 $ 2,655,885.28 2,695 $ 2,963,849.83

Government Direct Funding Title - III Funds (Commonwealth of VA) 1 $ 100,000.00 1 $ 100,000.00 Title III - US Department of Education 1 $ 733,164.00 1 $ 396,033.00 All Other Government Funding 9 $ 28,695.00 8 $ 32,400.00 Total - Government Direct Funding 11 $ 861,859.00 10 $ 528,433.00 Grand Totals (Cash, Gov’t & In-Kind) 2,165 $ 3,517,744.28 2,705 $ 3,492,282.83

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VSU ENDOWMENTS

As of June 30, 2015

Building the University’s endowment remains a top priority of University administration. Endowments at Virginia State University help us aim higher to achieve our educational mission more effectively. VSU receives a dollar-for-dollar match from the Department of Education, Title III Endowment Challenge Program on any new dollars contributed to endowments.

The annual administrative fee, approved by the University Board of Visitors consists of 1% of the total fund balance of locally held accounts, including endowments. The one time set up fee for gifts that establish or add to an endowment is 2.5% for such gifts received in fiscal year 2004 and 1% for such gifts received thereafter and collected at the close of the first twelve months following receipt of the gift. All fees are collected prior to distribution of earnings.

125th Anniversary Gala Endowed Scholarship Lottie P. & Earnest J. Edwards Endowment Scholarship Ada Bell Adams Endowment Scholarship Fund Joseph Epps Memorial Scholarship Fund Anderson-Turner Renaissance Quasi Endowment First Baptist Church of Hampton Endowment Fund Athletic Programs Quasi Endowment Fund First Union (Bank of America) Business Chair Angela L. Avant CPA Endowment Scholarship GMAC Financial Services Book Scholarship Endowment Bailey Family Scholarship Fund Dora Spriggs Halton Endowed Scholarship J. Louise Barrett Endowment Pamela V. & Gary J. Hammond Endowed Scholarship Fund Bell Atlantic (Verizon) Virginia Scholarship Fund Catherine McQuire Harris Memorial Endowed Scholarship Dr. George H. Bennett International Education Endowment John Benjamin Harris Endowed Scholarship Faye Blackmon Endowment Fund Inaugural Ball Sch. Endowment Norma B. Harvey Endowed Scholarship Wilbert & Carole Gibson Briggs Endowed Scholarship William Randolph Hearst Endowed Scholarship Fund Emma O. Brooks Endowed Scholarship Vernard W. Henley Endowed Scholarship William E. & Audrey W. Brooks Mem. Endowed Annase Wilks-Hill Minerva Circle Endowment Fund Central Fidelity (Wachovia) Scholarship Fund Renny Bush Humphrey Endowed Scholarship Fund CJW Medical Center Endowed Fund James & Wilma Hunter Endowed Scholarship Fund Commonwealth Chapter of the Links, Inc. Endowed Scholarship Burton G. Hurdle Scholarship Fund Commonwealth of Virginia Endowment Inaugural Ball Scholarship Fund Community Foundation Endowment John Randolph Medical Center Endowment Community Pride Food Stores Scholarship Award Ronald C. Johnson Field @ Rogers Stadium George Lewis Xavier & Dorothy Norris Cowling Memorial Scholarship Lawyers Title Insurance Corporate Scholarship Fund Jean Wooden Cunningham General Scholarship William C. Lee Jr., Class of ‘71 Endowed Scholarship Daryl Cumber Dance Educational Travel Fund Reginald F. Lewis School of Business Endowment Fund John & Erika Davis Endowment Fund Marilyn Fleming Mahanand Scholarship Fund Dominion Resources Endowed Chair Manufacturing Engineering Endowed Chair (Rolls Royce) Dominion Resources (Virginia Power )Quasi Endowed Scholarship Fund Markel Corporation Endowed Scholarship Fund Dominion Resources Math, Science & Technology Endowment Maureen Denlea Massey Endowed Scholarship Fund Curtis C. Duke Memorial Scholarship Carol & Edward Mazur Accounting Scholarship Dr. Everette L. & Ruth W. Duke Endowed Scholarship Cora A. Michie Endowment

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VSU ENDOWMENTS CONTINUED

Elisia & Eddie N. Moore, Jr. Endowed Scholarship Rosalin Reid Short Endowed Scholarship Fund Nations Bank (Bank of America) Endowed Chair Rheba Tinsley Smithea Endowment Fund Nations (Bank of America) Distinguished Faculty Award Robert & Evelyn B. Spence Mem. Endowed Scholarship Olds Family Endowed Scholarship James H. & Sandra L. Starkey Endowed Scholarship Lucille Virginia Olds Endowment Scholarship Millard D. “Pete” Stith, Jr. Endowed Scholarship Elis Olsson Endowed Scholarship Christine E. Marshall-Thomas & Adrienne P. Whitaker Endowment Fund Hugo A. & Helen W. Owens, Sr. Endowed Scholarship Reverend Christine P. Thomasson Endowed Scholarship Pepsi Bottling Group Endowment Ruth L. & Spencer L. Timm Endowment Fund Petersburg Breakfast Rotary Club Sch. Endowment The Edgar A. Toppin Endowment Fund Clilan B. & Lena Powell Endowed Scholarship Fund Thompson Hospitality Endowed Professorship Fund Presidential Salary Supplement Tredegar Industries Endowed Scholarship Fund President’s Scholarship Fund/Unrestricted Larry C. Tucker/Petersburg Motors Endowed Scholarship Florence & Samuel Rhue, Sr. Endowed Scholarship Ukrops Business Chair Ridley-Sawyer Endowed Scholarship Ukrops Business School Improvement Fund Richmond Ambulance Authority Endowed Scholarship Fund Ukrops Faculty Merit Award Roper Brothers Endowment Fund Universal Leaf Endowed Chair, Eng., Science & Technology Rheba Tinsley Smithea Endowment Scholarship Fund Universal Leaf Manufacturing/Engineering Endowed School Jimmie & Barbara Steverson Scholarship VSU Athletic Endowment Fund Suntrust (Crestar Bank) “Quasi-Endowed” Scholarship VSU Board of Visitors Endowment Scholarship John & Burnadine Taylor Endowed Scholarship Ramiere Abdulah Waters Academic Incentive Scholarship School of Agriculture Endowed Chair Wheat First Butcher Singer Scholarship School of Engineering Science & Technology Endowed Chair Dr. Lena M. Whitt Endowment School of Liberal Arts and Education Endowed Chair Annie and Jordan Willis Endowed Scholarship Alonzo E. Short, Jr. Endowed Scholarship Fund

Endowments provide continuous support of Virginia State University, into perpetuity. A minimum of $10,000 is required to establish an endowment at VSU. Words cannot adequately express our gratitude to all donors to VSU Endowments. We are most appreciative of the abundant generosity, forethought, and affection for Virginia State that is clearly demonstrated through perpetual support.

Every effort was made to compile a comprehensive list of all privately established VSU endowments with balances above $10,000. Otherwise, please forgive any unintended omission from this list due to unavoidable human error. Should you have any questions, please contact Bart Blanks, Assistant Director of Development Services, at (804) 524-5559 or [email protected].

8 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

VSU STATEMENT OF NET POSITION

As of June 30, 2015 – (UNAUDITED) University Discrete Component Units VSU Research Total VSU Foundation University VSU Real Total VSU (Blended & Research VSU Estate Discrete Assets University CU) Foundation Foundation Foundation CUs Current assets: Cash and cash equivalents (Note 2) $20,210,250 $129,386 $20,339,636 $1,123,236 $2,831,301 3,954,537 Cash and cash equivalents–Securities Lending (Note 2) 679,690 – 679,690 – – – Short-term investments (Note 2) 24,601 – 24,601 – – – Accounts and loans receivable, net of allowance (Note 3) 2,779,489 465,236 3,244,725 325,755 275,875 601,630 Pledges receivable, net of allowance (Note 3) – – – – – – Due from the Commonwealth (Note 3) 6,318,289 – 6,318,289 – – – Due from affiliates (Note 3) 88,123 – 88,123 – – – Prepaid expenses 2,064,198 – 2,064,198 – 6,017 6,017 Notes receivable, net of allowance (Note 3) – – – – – –

Total current assets 32,164,640 594,622 32,759,262 1,448,991 3,113,193 4,562,184

Noncurrent assets: Restricted cash and cash equivalents (Note 2) 11,052,351 – 11,052,351 1,224,691 1,795,703 3,020,394 Restricted investments (Note 2) 3,186,802 – 3,186,802 27,100 – 27,100 Endowment investments (Note 2) 27,257,148 – 27,257,148 12,455,944 – 12,455,944 State appropriation available 56,280 – 56,280 – – – Notes receivable, net of allowance (Note 3) 2,018,118 – 2,018,118 – – – Other long-term investments (Note 2) 3,601,717 – 3,601,717 – – – Other noncurrent assets – – – – 85,678 85,678 Nondepreciable capital assets (Note 4) 77,054,517 – 77,054,517 – 542,828 542,828 Depreciable capital assets, net (Note 4) 209,016,992 – 209,016,992 – 8,120,667 8,120,667

Total noncurrent assets 333,243,925 – 333,243,925 13,707,735 10,544,876 24,252,611

Deferred outflows of resources 8,737,348 – 8,737,348 – – –

Total assets and deferred outflows of resources 374,145,913 594,622 374,740,535 15,156,726 13,658,069 28,814,795

9 VSU STATEMENT OF NET POSITION CONTINUED

University Discrete Component Units VSU Research Total VSU Foundation University VSU Real Total VSU (Blended & Research VSU Estate Discrete Liabilities University CU) Foundation Foundation Foundation CUs Current liabilities: Accounts payable and accrued liabilities (Note 5) 8,410,134 2,653 8,412,787 13,169 59,246 72,415 Due to affiliates – – – 86,288 1,835 88,123 Unearned revenue 2,711,514 – 2,711,514 – 53,371 53,371 Retainage payable 2,343,808 – 2,343,808 – – – Obligations under securities lending (Note 2) 704,291 – 704,291 – – – Deposits held in custody for others 1,352,988 – 1,352,988 – 63,625 63,625 Long-term liabilities–current portion (Notes 6 and 7) 7,705,960 – 7,705,960 – 800,000 800,000 Other current liabilities 107,748 – 107,748 – 307,834 307,834

Total current liabilities 23,336,443 2,653 23,339,096 99,457 1,285,911 1,385,368

Noncurrent liabilities: Long-term liabilities–noncurrent (Notes 6 and 7) 165,304,014 – 165,304,014 – 20,488,074 20,488,074

Deferred inflows of resources 10,227,093 – 10,227,093 – – –

Total liabilities and deferred inflows of resources 198,867,550 2,653 198,870,203 99,457 21,773,985 21,873,442

Net Position Net investment in capital assets 185,567,320 – 185,567,320 – (8,800,827) (8,800,827) Restricted for: – Nonexpendable: – Scholarships and fellowships 4,875,076 – 4,875,076 10,298,297 – 10,298,297 Instruction 3,251,108 – 3,251,108 – – – Other 560,130 – 560,130 – – – Expendable: – Scholarships and fellowships 20,744,750 – 20,744,750 4,451,078 – 4,451,078 Instruction 1,012,762 – 1,012,762 – – – Loans 980,286 – 980,286 – – – Capital projects 165,107 – 165,107 – – – Other (3,137,828) 325,000 (2,812,828) – – – Unrestricted (38,740,348) 266,969 (38,473,379) 307,894 684,911 992,805

Total net position $175,278,363 $591,969 $175,870,332 $15,057,269 $(8,115,916) 6,941,353 10 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

VSU FOUNDATION ENDOWMENTS

University Discrete Component Units As of June 30, 2015 VSU Research Total VSU 80’s Crew Memorial Scholarship Fund Class of 1947 Endowment Foundation University VSU Real Total Accounting Endowment Fund Class of 1948 Endowment VSU (Blended & Research VSU Estate Discrete Dr. Carl M. & Merlene Adair E. Day Adair End. Scholarship Class of 1949 Endowment Liabilities University CU) Foundation Foundation Foundation CUs Agriculture Alumni Endowment Class of 1950 Endowment Current liabilities: Julia Smith Alexander Memorial Fund Class of 1951 Endowment Accounts payable and accrued liabilities (Note 5) 8,410,134 2,653 8,412,787 13,169 59,246 72,415 Marvin C. Allmond Endowment Scholarship Opportunity Fund Class of 1952 Endowment Due to affiliates – – – 86,288 1,835 88,123 Alpha Endowed Scholarship Fund Class of 1953 Endowment Unearned revenue 2,711,514 – 2,711,514 – 53,371 53,371 Jose’ Luis Andujar Memorial Endowment Class of 1954 Endowment Retainage payable 2,343,808 – 2,343,808 – – – Cleopatra Armstrong Endowment Class of 1955 Endowment Obligations under securities lending (Note 2) 704,291 – 704,291 – – – T. Nelson Baker Fund Class of 1956 Endowment Deposits held in custody for others 1,352,988 – 1,352,988 – 63,625 63,625 Baltimore Metro Chapter VSUAA Endowment Class of 1957 Endowment Long-term liabilities–current portion (Notes 6 and 7) 7,705,960 – 7,705,960 – 800,000 800,000 A McKee Banks Scholarship Class of 1958 Endowment Della Bannister Endowment Fund Other current liabilities 107,748 – 107,748 – 307,834 307,834 Class of 1959 Endowment Jerry Bartow Athletic Scholarship Class of 1960 Endowment Russell Berkness P. E. Endowed Scholarship Class of 1961 Endowment Total current liabilities 23,336,443 2,653 23,339,096 99,457 1,285,911 1,385,368 Bibbins and Brown Scholarship Endowment Class of 1962 Endowment Augusta Jefferson Bland Endowment Scholarship Class of 1963 Endowment Noncurrent liabilities: Doris E. Blount Endowed Scholarship Fund Class of 1964 Endowment Long-term liabilities–noncurrent (Notes 6 and 7) 165,304,014 – 165,304,014 – 20,488,074 20,488,074 Bonner Family Endowed Scholarship Class of 1965 Endowment James M. & Bertha Norman Booker Endowed Scholarship Fund Class of 1966 Endowment Deferred inflows of resources 10,227,093 – 10,227,093 – – – Elwood & Antoinette Boone Endowed Fund Class of 1967 Endowment Michael A. Bradford Christian Service Endowment Class of 1968 Endowment Total liabilities and deferred inflows of resources 198,867,550 2,653 198,870,203 99,457 21,773,985 21,873,442 WADA Bradley Scholarship Endowment Class of 1970 Endowment Loretta & Harold Braxton Endowed Scholarship Class of 1975 Endowment Net Position Frasier W. Brickhouse Accounting Endowment Fund Class of 1982 Endowment Net investment in capital assets 185,567,320 – 185,567,320 – (8,800,827) (8,800,827) Frasier W. Brickhouse, Sr. Legacy Fund Columbia MD VSUAA Chapter Endowment Restricted for: – Charles A. and Annette L. Brockett Endowed Scholarship Fund Clementine S. Cone Endowed Scholarship Nonexpendable: – Gideon Brockett Memorial Endowment Fund Consortium of Information and Telecommunications Executives (CITE) Thomas S. & Joan Jefferson Brown Endowed Scholarship Fund Endowed Scholarship Fund Scholarships and fellowships 4,875,076 – 4,875,076 10,298,297 – 10,298,297 Dr. Valerie K. Brown CPA Scholarship Fund Irene Forest Cosby Endowment Fund Instruction 3,251,108 – 3,251,108 – – – Brown & Williamson Scholarship Endowment Roosevelt “Ruedi” Cunningham Athletic Booster Endowment Other 560,130 – 560,130 – – – Builder of Hope Endowed Scholarship Fund DC VSUAA Chapter Endowment Fund Expendable: – Katherine E. & Mark C. Busser Endowment Robert & Blanche Daniel Memorial Scholarship Fund Scholarships and fellowships 20,744,750 – 20,744,750 4,451,078 – 4,451,078 Chicago Area Alumni Scholarship Delores L. Davis Elementary Education Elementary Endowment Scholarship Fund Instruction 1,012,762 – 1,012,762 – – – Cigna “LIFTS” Endowment Scholarship Fund Felix & Ernestine Davis Endowed Scholarship Fund Loans 980,286 – 980,286 – – – Viola Hopson Clark Scholarship For Education Dr. Vasti DeLoatch Endowed Scholarship Capital projects 165,107 – 165,107 – – – Michael Arthur Clarke Endowed Scholarship Clementine B. Everette & Germain F. Cooper Endowment Fund Other (3,137,828) 325,000 (2,812,828) – – – Class of 1943 Endowment Faculty Development Unrestricted (38,740,348) 266,969 (38,473,379) 307,894 684,911 992,805 Class of 1945 Endowment Finney - McDaniel Scholarship Fund Class of 1946 Endowment Mary H. Futtrell Scholarship Fund Total net position $175,278,363 $591,969 $175,870,332 $15,057,269 $(8,115,916) 6,941,353 11 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

VSU FOUNDATION ENDOWMENTS CONTINUED

Willis Earl & Doretha Dixon Gay Scholarship Fund Anna Laura Lindsey Scholarship Fund General Scholarship Endowment Lipman Foundation Endowed Scholarship Fund Harriet H. Gilchrist G-Clef Studios Endowment Jarvis Wayne Logan Memorial Endowed Scholarship Norman Rydell Goodrich Endowment Fund Kimberley L. Martin Scholarship Foundation, Inc. Endowment GPAAA Endowed Scholarship Fund Shelton Matthews Trust Greater N. Y. Chapter – VSUAA Thomas R. Mayfield & Harriett Mayfield Paige Endowed Scholarship Clinton W. Green Endowed Scholarship Jona W. H. McKee ’76 Endowed Scholarship Dr. Albert L. Guy Endowed Scholarship Mecklenburg/Brunswick Area Chapter VSUAA Endowed Scholarship Fund Dr. George M. Hampton Endowed Sch. Hattie Holmes Michie Memorial Fund Hanover County VSUAA Endowed Scholarship Donald F. Miles Memorial Scholarship Dr. Rayford L. Harris & Dr. William T. Reed Endowed Scholarship Keith T. & Nicolette P. Miller Endowed Scholarship Rosa Minor Harris & Eloise Bowles Washington Endowed Scholarship Mike Mitchell Memorial Endowed Scholarship Webster L. Harris Scholarship Fund Dr. Ferman B. & Mrs. Mattie W. Moody Endowed Scholarship Myrna C. Haughton Endowed Instrumental Music Scholarship Undine Smith Moore Endowed Scholarship Fund Jesse J. Henderson Memorial Scholarship National Pan Hellenic Council, Inc. of Virginia State University Robert M. Hendrick, Jr. Scholarship Fund Endowed Scholarship Martha Mason Hill Memorial Foundation Endowed Scholarship William E. Nicholas VSU Baseball Program Endowed Scholarship Rashaan & Tiya Hines Softball Endowment Fund Northern Virginia Alumni Endowment James A. & Linnette R. Holmes Endowed Fund Nu Psi Chapter/Omega Psi Phi Endowment Dr. Vivian G. Howard Endowed Scholarship Fund Iris & George Otey Endowed Scholarship John M. Hunter Memorial Physics Scholar Owens & Minor Endowed Scholarship Fund Vassar W. Hurt Scholarship Peninsula Chapter VSUAA Endowment Luther Porter Jackson Jr. Memorial Endowed Scholarship Petersburg Chapter of the Links Endowment Harold Oswald Johns Endowed Scholarship Philadelphia Area Alumni Endowment Rebecca B. Johnson Ed. & Community Fund William C. & Mary H. Picott III Endowed Scholarship Fund Almar I. Jones Endowed Scholarship C. B. Powell Scholarship Fund Arnetta Thompson Jones Endowed Scholarship RAPME Endowed Scholarship Brian Daryl Jones Endowed Scholarship Rudolph and Hattie Powell Endowed Scholarship Delores H. & Frankie Jones Endowed Scholarship Rudy W. Powell “My” Century Club Eleanor G. and Donna Jones Endowed Fund Victor R. and Cordelia K. Powell Scholarship J. Mitchell Jones Endowment Louise and Ferdinand Ragland Endowed Fund Marion Louise Whitlock Jones Endowment Scholarship Fund Mary Giles & Kylor B. Reed Endowed Scholarship Dorothy Binford Johnston Memorial Library Fund Early W. Reese Endowed Scholarship Fund Ladies in Red Endowment Scholarship Fund Reginald F. Lewis College of Business Alumni Advisory Council Endowed Scholarship Dr. Frances J. Lane Endowed Scholarship Fund Richmond Chapter Endowment Scholarship Thomas M. & Katherine T. Law Fund John Paul Rier, Jr. Memorial Scholarship Frances P. & Richard D. Legon Endowed Sch. Dr. Roland Delano Rinsland Endowed Schol Reginald F. Lewis – Kappa Alpha Psi, Alpha Phi Chapter Endowment Mary Duncan Rose Endowment Scholarship Reginald W. Lewis, Jr. Memorial Endowment Larry J. Saunders Accounting Scholarship Endowment Sheng Yung Li Memorial Scholarship

12 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

VSU FOUNDATION ENDOWMENTS CONTINUED

School of Business Corporate Endowment Scholarship Virginia State University Alumni Association Endowment Fund School of Engineering, Science & Technology Program Endowment VSU Alumni Memorial Fountain Endowed Fund Science Improvement Scholarship Fund VSU Athletic Endowment Account Michael M. & Dorothy B. Shackleford Endowment VSU Baseball Program Endowed Scholarship Fund Norman and Rhoda Brown Sisisky Endowment VSU Business & Industry Cluster Endowed Scholarship Connie & Darrell Smith Endowed Scholarship VSU Heritage Endowment Fund Melvin Scott Smith Endowed Scholarship VSUAA, Inc./Helen V. Games Endowed Scholarship Anthony J. Spence Endowed Scholarship VSUF Endowment General Fund Stafford Foundation Endowed LIFTS Scholarship Fund VSU Office of Student Affairs/Office of Financial Aid Endowed Scholarship Barbara R. & Jimmie L. Steverson Honors Program Endowment Fund Wachovia Foundation LIFTS Endowment Calvin R. Swinson CPA Endowed Scholarship Fund Aurelia B. Walford Scholarship Fund Ann C. Taylor Tri-Cities Region Academic “Excellence” Scholarship Endowment J. Binford Walford Endowed Scholarship Dr. Billy Taylor Kappa Alpha Psi Endowment Sheila Thompson Walker Endowed Scholarship Porcher L. Taylor “Excellence” Scholarship Endowment Johnie F. Walton Endowed Scholarship Dr. George E. & Pearl Nightengale Thomas Endowment Leon & Goldie B. Walker Endowment Lanita R. Thweatt Endowment Fund Johnnie F. Walton Endowed Scholarship Tidewater Chapter Endowed Scholarship Washington DC Alumni Endowment Barbara Steverson & Spencer Timm Marching Band Endowment Fund Lucille L. Westby Memorial Scholarship Titmus Foundation Endowed Scholarship Charles L. White Smart Runner Endowment Townebank Foundation Endowed Scholarship Fund Williamsburg Alumni Chapter – VSUAA Endowed Scholarship Fund Maxine & Nina C. Turner Scholarship Endowment Wilson-Myers Scholarship Memorial Endowment United Supreme Council Endowed Sch. Dr. Bernard R. Woodson, Jr. Fund USDA Endowment Philip Morris Marguerite Worthington Endowment Virginia Staters Endowment Willie F. Wright Education Endowment Scholarship Fund VSU Alphas Endowment Scholarship

Donors may take up to 3 years to meet the minimum of $10,000 to establish. Words cannot adequately express our gratitude to all donors to VSU Foundation endowments. We are most appreciative of the abundant generosity, forethought, and affection for Virginia State that is clearly demonstrated through perpetual support.

Every effort was made to compile a comprehensive list of all privately established VSUF Endowments with balances above $10,000. Otherwise, please forgive any unintended omission from this list due to unavoidable human error. Should you have any questions, please contact Bart Blanks, Assistant Director of Development Services, at (804) 524-5559 or [email protected].

13 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

VSU FOUNDATION BALANCE SHEET

As of June 30, 2015

Assets 2015 2014 Current assets Cash & cash equivalents $ 2,347,927.00 $ 2,120,870.00 Pledges receivable - current portion $ 206,880.00 Grant Receivable $ 25,000.00 Total Current Assets $ 2,347,927.00 $ 2,352,750.00 Other Assets Investments $ 12,455,944.00 $ 12,547,236.00 Investments in real property $ 27,000.00 $ 26,000.00 Investment in related party $ 100.00 100.00 Due from related party $ 325,755.00 $ 209,600.00 Pledges receivable - less current portion $ – Total Other Assets $ 12,808,799.00 $ 12,782,936.00

$ 15,156,726.00 $ 15,135,686.00 Liabilities and Net Assets Current Liabilities Accounts payable $ 13,169.00 $ 19,712.00 Due to related party $ 86,288.00 $ 85,283.00 Total current liabilities $ 99,457.00 $ 104,995.00 Net Assets Unrestricted Undesignated $ 309,041.00 ($ 15,633.00) Board Designated Endowments $ 1,223,544.00 $ 1,389,578.00 Total Unrestricted net assets (deficit) $ 1,532,585.00 $ 1,373,945.00 Temporarily Restricted $ 3,226,387.00 $ 3,895,072.00 Permanently Restricted $ 10,298,297.00 $ 9,761,674.00 Total net assets $ 15,057,269.00 $ 15,030,691.00

$ 15,156,726.00 $ 15,135,686.00

14 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

ENDOWMENT PERFORMANCE BY FISCAL YEAR

Year FY ‘13-’14 FY ‘14-’15 Virginia State University: Principal $ 25,948,356.35 $ 27,204,736.11 Market Value $ 32,197,764.01 $ 33,901,815.01

Virginia State University Foundation: Principal $ 10,966,343.17 $ 11,777,126.59 Market Value $ 12,947,013.42 $ 13,530,012.83

Total Principal $ 36,914,699.52 $ 38,981,862.70

Total Market Value $ 45,144,777.43 $ 47,431,827.84

15 ANNUAL FUND 2012-2015

2012-2013 $231,937.07

2013-2014 $276,447.31

2014-2015 $224,806.94

$0 $100,000 $200,000 $300,000 $400,000

The 2014-2015 VSU Annual Fund Drive saw an 18% decrease in dollars raised over the previous period as efforts focused on tuition assistance support to help our best and brightest students remain in school. Annual Fund gifts provide unrestricted support for the University’s areas of greatest need. A healthy Annual Fund enables VSU to strengthen and support infrastructure and scholarship needs across the University, as well as to enhance research and academic programs and to sustain and grow athletics. A gift to the Annual Fund is the most effective way for alumni and friends to demonstrate their belief in our mission.

16 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

TUITION ASSISTANCE 2012-2015

2012-2013 $144,713.13

2013-2014 $126,529.22

2014-2015 $502,557.54

$0 $100,000 $200,000 $300,000 $400,000 $500,000

The 2014-2015 VSU Tuition Assistance Fund Drive saw a drastic increase in dollars raised over the previous year. The ‘14-’15 numbers included several planned gift payouts and some large corporate gifts as donors came together in a concerted effort to help overcome large individual tuition shortfalls. This overwhelming support continues today as donors remain steadfast in their efforts to assist our students. Despite the wonderful outpouring of generosity, we must also remember that over 90% of our students require some sort of financial assistance. Every student deserves the opportunity to succeed academically, free from the worry of financial restrictions brought on by limited funds. The hopes and dreams of our students are facilitated by your generous gifts to the Tuition Assistance Fund, which provides direct aid that helps students stay in school.

17 PERCENTAGE OF ALUMNI GIVING 2010-2015

12%

10%

8%

6%

4%

2%

0% 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015

Percentage of alumni giving is a key indicator considered by U.S. News and World Report in their ranking of America’s Best Colleges. One of VSU’s goals is to move the institution to the upper echelon of Tier 2 in the U.S. News and World Report rankings. Toward this end, VSU seeks to increase the alumni giving rate to 20%.

18 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

POWELL SOCIETY

The Powell Society recognizes those individuals who have made provisions for Virginia State University with a will, life insurance policy or other planned gift arrangement. The VSU Board of Visitors approved the naming of a legacy society in honor of Dr. Clilan B. Powell (CY 1913) and his wife, Lena Dukes Powell on August 3, 2001. Together the Powell’s bequeathed more than $1 million to Virginia State. We are most appreciative of the abundant generosity, forethought, and affection for Virginia State that is clearly demonstrated through planned gifts.

Phylis J. Adams, ‘73 Conrad Gilliam, ‘69 Richard Pearson, ‘71 Mona Adkins-Easley The Honorable Roger Gregory ‘75 *Rudolph Powell, Jr., ‘48 Pamela C. Alexander, ‘67 Angela Y. Barnes- Hargress, ‘77 Thomas Pawley, ‘37 Shirley J.M. Alexander, ’57, ‘71 Ellis Hargress, ‘79 Michael Rainey, ‘02 Janice Argudin, ‘87 Evelyn R. Hayes, ‘77 Willie Randall, ‘76 *Clyde E. Bailey, ’69, ‘74 Robertnett J. Hayes, ‘51 & ‘74 Florence L. Rhue, ‘70 *Mary Black Banks, ‘28 Jane Henderson, ‘91 Samuel R. Rhue, Sr., ‘76 Wayne Bell, ‘96 Joyce Henderson, ‘65 Ashley C. Ricks, ‘67 *Jessie Davis Bennett, ‘40 Susan Kurtulus-Hernandez *Roland D. Rinsland, ‘54 Roslyn Bennett, ‘95 Sada’ D. Hill, ‘82 Mary D. Rose, ‘63 & ‘76 Jacquelyn Billips, ‘73 James Holden, Jr. Yvette G. Robinson, ’72, ‘77 U. Stuart Billips, ‘75 Charles K. Johnson, ‘71 Rosezelia Roy, ‘97 Virgie Binford, ‘50 Mildred F. Johnson, ‘56 *Barbara G. Selden, ‘56 Cynthia Booker Almar Jones, ‘41 Marie A. Shockley, ‘59 W. Richard Booker, ‘68 Carolyn Jones, ‘74 Ramon Smithea, ‘49 Debera Bonner, ‘82 Delores H. Jones, ‘66 Anthony J. Spence, ‘90 Harrison Bonner, ‘76 Frankie Jones, ‘66 Zoe Spencer Wilbert Briggs Sr., ‘62 *Henry Lee Jones, ‘72 James H. Starkey III Troy Brinkley, ‘01 Maurice Jones, ‘05 Sandra Starkey Alfred J. Cade, ‘52 Nancy L. Jones Erica Stewart, ‘95 Florence S. Cade Valarie A. Jones, ‘70 Brenda Stith-Finch, ‘71 Mildred R. Craig, ‘46 Deloris Gregory Jordan, ’69, ‘73 Frances Suggs, ‘57 William L. Craig Jr., ‘47 Starrie Dean Jordan, ’66,’81 Calvin R. Swinson, ‘58 Sharron Credle, ‘86 Vernell B. Kilpatrick, ‘77 James R. Tate, ‘63 Flora Crittenden, ‘45 Kara King, ‘82 Ann C. Taylor, ‘56 Fred Cross, ‘81 Irene F. Logan, ‘75 Porcher Taylor, ‘61 William Crutchfield, Sr., ‘76 Milton Long, ‘75 W. Eric Thomas Kermit H. Dance, ‘78 Jesse J. Mayes, ‘62 *Louise J. Thompson, ‘54 Gwendolyn W. Daniels, ‘56 *Thomas Mayfield, ‘51 & ‘63 *Edgar A. Toppin Harold Ray Davis, ‘66 Constance McLaughlin, ‘11 Leon Walker, ‘61 Willabel J. Davis, ‘70 Goldie A, Miles, ‘62 Sheila Thompson Walker, ‘70 Earnest Edwards, ‘61 Foster B. Miles, Jr., ‘61 Louise Walton, ‘63 Evelyn Edwards, ‘65 Erenest E. Miller, ’70, ‘78 Janet Whitehead Sandra N. Evans, ‘86, ‘97, ‘99 Evangeline O. Myles, ‘36 Garvey Wright, ‘90 Germaine Fauntleroy, ‘56 Eddie N. Moore Jr. Anita C. Wynn *Mary F. Flournoy, ‘27 *Elmer T. Myers, ‘48 & ‘52 Arthur E. Young, ‘46 Ruth Forbes, ‘80 Freddie W. Nicholas Sr., ‘51 Brenda Y. Fowlkes , ‘63 Lucille V. Olds, ‘43 & ‘50 Helen V. Moseley Games, ‘38 *Hugo A. Owens Sr., ‘39 *Deceased Paul Garner, ‘73 *Helen W. Owens, ‘39

19 CORPORATE & FOUNDATION FUNDING 2014-2015

Altria Group, Inc $150,000.00

Thompson Hospitality, LLC $214,000.00

Microsoft $50,000.00

Pepsi Beverages Company $4,250.00 Cotton, Inc. $4,500.00 GCA Service Group, Inc Enterprise Holdings $5,000.00 Bon Secours Health System, Inc $7,150.00 $45,500.00 Mazda Foundation $10,000.00 Lockheed Martin Bank of America Charitable Foundation $10,000.00 $40,000.00 S.B. Ballard Construction Co. $12,000.00 SunTrust Foundation $35,000.00 Virginia Farm Bureau Federation $16,500.00 Wells Fargo Foundation Meadwestvaco Foundation $20,000.00 $30,000.00 Always Best Care - Senior Services TowneBank $25,000.00 $30,000.00 Dominion Foundation $26,000.00 ESI $20,000.00

20 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

2014 PRESIDENTIAL SCHOLARS BENEFIT GOLF TOURNAMENT

Event Costs $11,927.68

Scholarships/Awards Private Gifts $25,000 $39,410.37

Virginia State University’s Presidential Scholars Benefit Golf Tournament brings together a select group of alumni, corporate, local government and business leaders for a fun day of golf and to support a most worthy cause. The Tournament is a major fund-raising initiative to support one of the University’s highest priorities, student scholarships. The 19th Annual Tournament was held in October 2014 at the Country Club of Petersburg and was a great success.

21 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

SCHOLARSHIP RECIPIENT PROFILE: AMBER RAYMOND

Relationships Key to Success of University Scholar Reginald F. Lewis College of Business

Now at VSU, I am a junior Business Management major. The impetus for my major regards the opportunity to explore all aspects of business. To date, I have worked as an Administrative Assistant for Robert Half, intern for Morgan Stanley, interned for Virginia State University’s Department of Administration and Finance, and served as a Presidential Intern for Virginia State University’s 14th President. I have become a member of the Virginia State University Honors College where I serve as a Junior Executive Board Member, Few things in life are as important as relationships and in my Reginald F. Lewis College of Business Alumni Advisory Board time at Virginia State University, I have come to realize the where I serve as a Student Liaison, Reginald F. Lewis Dean’s full value of each bond that has been established. Between Advisory Board, Sophomore Class Student Senate where I the faculty and staff that care about me personally and served as Vice President, the National Association of Black professionally, and my fellow students that interact with me Accountants and Business Professionals of America where academically and socially, I have developed relationships that I serve as Miss BPA 2015-2016. I have also had the chance I will take with me long after I graduate. to serve my community and volunteer my time to accomplish greater goals. Born and raised in Baltimore, I have always recognized the value of connectivity and appreciated how my immediate As for plans after VSU, I aim to attend graduate school and family constituted my initial relationships. Fortunate to have am evaluating Wake Forrest, Temple, and Duke. My career a family that has loved and supported me unconditionally, objectives include seeking a career in wealth management or I have been encouraged to achieve. Now at Virginia State banking but I am open to all opportunities. University, I have complemented the value of relationships in my immediate family with a new extended VSU family to Receiving the University scholarship has been a blessing and include the aforementioned faculty, staff and peers. Between it has reaffirmed my commitment to establishing and valuing them, I find strength and wisdom and can share that I am the strong bonds with others. At VSU, I have fully realized that person that I am because of these relationships. In fact, in though I am still on a journey to become whom I aspire to valuing each relationship, I can happily say that it was at VSU be, I am very happy where I am at in my life. I am exploring, that I first fell in love! loving and enjoying life all because of relationships and because of Virginia State University! Most importantly, my relationships are sacred because they have helped me build a stronger relationship with God. I believe his love is unfailing, and knowing that makes me try The University Scholarship ranges from $500 to $1,000, to be the best person I can be. In fact, one of the reasons and is available to only returning students with a cumulative that I decided to pursue a college degree at VSU was this GPA of 3.0 or higher during his or her course of study at determination to achieve and to be my very best. It only Virginia State University. This is a highly competitive award, helped that in researching Historically Black College and presented to a limited number of students each year, Universities, the Reginald F. Lewis College of Business was according to the availability of funds. Eligible students must ranked number one amongst public HBCUs! submit a new application each academic year. 22 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

SCHOLARSHIP AWARDS 2014-2015

Fund Description Paid Fund Description Paid Amount Amount IAHTA Alfred Harris Tuition Assist. $ 99,982.00 ILIFT Lift Scholarship $ 471,441.00 IALTRA New Altria Scholarship $ 74,847.00 IMARKL Markel Endowment Scholar $ 3,000.00 IANNUL Annual Fund $ 39,150.00 IMARRI Marriott Foundation Scholar $ 4,000.00 IAUXIL Room & Board Scholarship $ 171,018.00 IMINGO Mingo Endw Schlr $ 1,500.00 IBAILE Bailey Endowment Scholarship $ 1,500.00 IMOORE E. Moore Endw. Scholar $ 10,000.00 IBAND Band Scholarship $ 66,500.00 IRAPME Dominion RAP Me Scholarship $ 20,000.00 ICBPOW CB Powell Scholarship $ 70,887.00 ISBARN Endowment Scholarship $ 242,250.00 ICHEST Chesterfield County Scholar $ 5,750.00 ISTARK James & S. Starkey Endowment $ 1,000.00 ICIAA CIAA Scholarship $ 111,625.00 ISTEM Microsoft STEM Scholarship $ 50,000.00 IDHS Defense Homeland Security Sch $ 52,000.00 ISTEVS Barbara Stevenson Endw Scholar $ 1,500.00 IDORM Undergraduate Dorm Award (RA) $ 382,208.58 ITHOMP Thompson Hospitality Schlr $ 4,382.00 IEST EST Scholarship $ 1,493,140.00 IUFUND VSU Academic Scholarship $ 295,257.00 IESTAX Room & Board STEM Scholarship $ 126,000.00 IVERIZ Bell Atl/Verizon Scholarship $ 3,000.00 IFARTS Fine & Performing Arts Scholar $ 6,650.00 IVHENL VW Henley Endow $ 3,750.00 IFASCH Fin Aid Expo Scholarship $ 5,000.00 IVSUAG VSU Univer Assistance Grant $ 507,763.00 IGDORM Graduate Dorm Asst. $ 13,701.00 IVSUFD VSU Foundation General $ 340,668.57 IHOPEW Hopewell Scholarship $ 1,500.00 IVSUT2 VSU Tuition Assistance 2 $ 149,957.20 ILEADS Leadership Scholarship $ 69,200.00 IVSUTA VSU Tuition Assistance $ 389,395.00 ILICEN VA License Plate Scholar $ 15,000.00 SWS VSU Service Award (Workstudy) $ 110,827.45 TOTAL $ 5,415,349.80

23 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

WHAT’S HAPPENING AT VSU 2015 Notable Achievements

January • Dr. Young Dimkpah Nwoye, Associate Professor of (Ph.D.). This more than doubled the previous number of Accounting and Finance at Virginia State University, was doctoral degrees awarded in a May Commencement. • On January 1, 2015 Pamela V. Hammond, Ph.D. became awarded a Fulbright Scholar grant to lecture and conduct Virginia State University’s Interim President. She is the research at the University of Nigeria during the 2015 - 2016 • Gen. Dennis L. Via, commanding general of the U.S. Army first female to hold the title of President in VSU’s 133-year academic year. In addition to teaching, Dr. Nwoye, whose Materiel Command, swore in nine new U.S. Army officers history. field of specialty is monetary and fiscal economics, will in VSU’s ROTC Commissioning ceremony. Via is a VSU undertake an extensive study that estimates potential GDP, alumnus, having received his commission in 1980. Gen. Via • VSU named Byron Thweatt as the University’s Head output gaps and structural budget balances of developing told the new Second Lieutenants that the Trojan Warrior Football Coach. Thweatt came from the University of countries. Battalion “prepared me for my career, as it has trained Richmond (UR), where he coached linebackers and you with the values and abilities necessary to become served as Director of High School Relations. Thweatt is a • VSU student Reginald Burroughs of Rockville, MD, a leaders.” Chesterfield County native, having attended Matoaca High manufacturing engineering major, has completed training School, where he was a high school All-American as a to join the University Innovation Fellows, a national running back and defensive end. program that empowers student leaders to bring more entrepreneurial activity to their campuses. Burroughs is • The Corporation for National and Community Service one of 123 new Fellows to join the current network, for a named Virginia State University to the 2014 U.S. total number of 291 Fellows from 114 schools across the President’s Higher Education Community Service Honor United States. He is the second VSU student named a Roll. This represents the second consecutive year in which Fellow, joining Ulysses Knight, who was inducted in 2014. VSU has earned this distinction. The honor recognizes institutions that achieve meaningful, measureable outcomes in the communities they serve. Based on the April Independent Sector’s estimated value of volunteerism • The Central Intercollegiate Athletic Association awarded and civic engagement, the VSU campus community VSU its three highest athletic honors, naming VSU Athletic engaged 2,177 students in approximately 59,397 hours of Director Peggy Davis the 2015 conference Athletic Director community service and academic service-learning, with an of the Year and presenting the Trojans with the 2015 estimated regional economic impact of more than $1.45 Loretta Taylor and the C.H. Williams All-Sports Awards million. for its women’s and men’s athletic programs, respectively. This marked the second consecutive year VSU received • Animation Career Review ranked VSU’s animation program • Akirah Crawford, a recent VSU psychology graduate, has these honors, given to the top female and male athletic 46th in the nation among public institutions, up from last been awarded an English Teaching Assistantship (ETA) by programs within the conference, based on championship year’s ranking of 90. VSU’s program is the nation’s highest the U.S. Fulbright Student Scholarship Board. Under the finishes. ranked HBCU and one of only two Virginia universities, award, Crawford will assist English language teachers along with Virginia Tech, to be ranked. More than 500 in public schools in Malaysia from January 2015 through • Women’s Tennis Coach Linda Person was named 2015 public, private and for-profit institutions in the United November 2015. CIAA Women’s Tennis Coach of the Year. She previously States have animation programs. won the award in 2004, 2008, 2009, 2010 and 2013. Her February team also received the VSU Athletics Highest Team GPA • VSU Honors students Arrisa Hanson, Jasmine Blocker and Award, with a collective 3.12 GPA. • The VSU Trojans won the 2015 CIAA Women’s Basketball Yainkain Kallon visited Morocco and served in the Saharan villages of Merzhoug and Imlil, in the region of Skoura, Championship. The title was the first for Virginia State • VSU’s head women’s basketball coach James Hill, Jr. was since 2002. where they studied human rights issues. The VSU students named the Dr. Cavil’s 2014-2015 HBCU Women’s Mid- taught fine motor skill development strategies to young Major Division Coach of the Year and the Clarence “Big children and their teachers to improve long-term cognitive March House” Gaines College Basketball Coach of the Year for development and literacy skills. • Virginia State University’s College of Agriculture, in the 2014-15 season. Under Hill’s leadership the 2014-2015 partnership with Virginia Tech, completed a comprehensive Trojans finished this season 20-10 record, won the CIAA • Nine Virginia State University Honors Program students study confirming the existence of food deserts in the state. Tournament Championship and appeared in the NCAA and the director of VSU’s Honors Program, Dr. Daniel The study identified food deserts in eight rural and urban Tournament. Roberts, participated in the Virginias Collegiate Honors localities. It suggests that leaving this plight unaddressed Council’s (VCHC) Annual Conference. Lynn Holloway, could result in escalated health-care costs and lead to • James “Saxsmo” Gates, Director of VSU’s Billy Taylor Jazz a senior, biology major from Hampton, VA, was increased adult and childhood obesity rates. To draw Studies Program was honored by Richmond Public Schools recognized for having given one of the five outstanding attention to the study, VSU unveiled the documentary with the 2015 Pride of RPS: Living Legacies award. oral presentations. Kayla Harris-Fontaine, a junior, “Living in a Food Desert.” mass communications major from Capitol Heights, MD, May was re-elected by her peers to serve as the Student Representative of four- year public universities. Roberts • VSU alumnus Charlie W. Hill (’66) donated $100,000 to his • VSU presented nearly 750 degrees at the 2015 May alma mater to establish the Annase Wilks Hill Minerva was elected by the heads of honors programs from Virginia Commencement, making the graduating class of the and West Virginia as President of VCHC for 2015-2016. Circle Endowment. The Endowment represents one of the 2014-2015 academic year the largest in school history. largest individual gifts to VSU and honors Hill’s late wife, Among these degrees were 16 doctorates in Educational Annase Wilks Hill, who earned bachelor and master’s Administration and Supervision (Ed.D.) and Psychology degrees in microbiology from VSU.

24 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

WHAT’S HAPPENING AT VSU CONTINUED 2015 Notable Achievements

• VSU Athletic Director Peggy Davis was named Vice August October President of the Minority Opportunities Athletic Association. She will serve a two-year term, beginning • Virginia State University and Chesterfield County • VSU’s Urban Ag Center- Harding Street Project received June 2015 and ending in June 2017. dedicated a 2-million-gallon water tank at VSU’s a Cameron Foundation grant of $60,122 and a $25,000 Randolph Farm. Constructing the tank in partnership with renovation grant from the Dominion Foundation. The Chesterfield County saved the county and VSU $1 million Center was established to serve as a hub for fresh produce June each in construction costs and will reduce VSU’s water bill and an activity site for 4-H students, while providing • Six VSU students received the prestigious Benjamin A. by nearly one-third going forward. research opportunities for educators and environmental Gilman International Scholarship to study or intern abroad scientists. during summer 2015 and the 2015-2016 academic term. These six students join Kayla Clayton, a psychology • The Arbor Day Foundation has designated VSU as a Tree major who was awarded the scholarship to study at the Campus USA. This national designation honors colleges University of Botswana during spring 2015. The seven and universities for promoting healthy urban forest students receiving Gilman Scholarships during the 2014- management and engaging the campus in environmental 2015 scholarship competition represent a record for VSU stewardship. during a single academic year. • Virginia State University signed a Memorandum of Understanding with the Republic of South Africa Eastern July Cape Province’s Department of Rural Development & • College Choice ranked Virginia State University number Agrarian Reform to share programs and support public 12 out of 104 Historically Black Colleges or Universities in services to address poverty and other economic and America. The College Choice ranking is based exclusively social issues affecting the 6.79 million citizens in the on factors real college freshmen said were most important Eastern Cape. The agreement will also enhance economic to their college decision. development through support of small farm agriculture. • The National Science Foundation awarded VSU • VSU placed fifth among the nation’s 104 Historically Black researchers a $400,000 grant to increase minority pursuit • Dr. Emmanuel Omojokun was appointed Dean of the Colleges and Universities in a ranking of the top producers of science, technology, engineering and mathematics Reginald F. Lewis College of Business and Dr. M. Ray of teachers by noted researcher Dr. Larry J. Walker, a (STEM) majors and careers. Over the past three years, NSF McKinnie as appointed Interim Dean of the College of former Congressional Fellow with the Congressional Black has awarded VSU nearly $3 million toward this effort. Agriculture. Caucus Foundation and Legislative Director for former Congressman Major R. Owens. Dr. Walker based his • The internationally-acclaimed Virginia State University • Virginia State University’s Department of Hospitality rankings on data from the National Center for Education Gospel Chorale (VSUGC) added another accolade to its Management opened a conference and lodging facility Statistics. In recognizing VSU, he noted the University’s long list by claiming first place in the 2015 Steve Harvey in its Fourth Avenue offices on campus. The Hospitality ongoing practice of collecting data to examine student Neighborhood Awards Gospel Choir Competition, held Learning Center of Excellence is a learning lab designed performance on teacher certification tests and program at the Georgia World Conference Center in Atlanta. The to provide immediate experience and managerial enrollment averages. VSUGC received $10,000 for its accomplishment. skills through workshops in customer service, cooking, entrepreneur courses and lodging certification. The • HBCU Digest named the VSU Department of Art & Design September center’s overall purpose is to facilitate growth and the Best Fine Arts Program at an HBCU for 2015-16. The development in hospitality management students. art and design program is accredited by the National • Kayla Harris-Fontaine a VSU senior, mass communications Association of Schools of Art and Design. The department major from Capitol Heights, MD was recognized as November offers courses leading to a Bachelor of Fine Arts in Visual one of 83 HBCU All-Stars. Kayla will serve as a student Arts degree. Students in the program can decide from ambassador for the White House Initiative on HBCUs. • Correctional Officer.org ranked VSU’s Criminal Justice four primary career paths: studio arts, animation, graphic program third out of 40 Virginia institutions it analyzed. design or web design. • VSU’s Honors Program inducted 122 new freshmen, the VSU was the top-ranked public institution. largest number in the history of the program. An additional • The United States Agency for International Development 36 continuing students were also inducted. More than 60 • The Virginia Nurses Association Foundation awarded its (USAID) awarded VSU a competitive international grant students were recognized for achieving a 4.0 GPA during highest honor, the Nancy Vance Award, to VSU faculty of $748,465 for the project “Biological Control of the the spring semester. member Dr. Karen Faison. The award is bestowed upon Invasive Weed Parthenium hysterophorus in East Africa.” a VNA member who has made significant contributions The project will be implemented in four eastern African • VSU honored professors Dr. Somasheker Akkaladevi and to the community through their exceptional leadership, countries: Ethiopia, Kenya, Tanzania and Uganda. Dr. C. Nana Derby as Outstanding Faculty. Dr. Akkaladevi sustained dedication and inspiring achievements. Dr. received the Ukrop’s Award for his work in the Reginald Faison is a Professor in the VSU Department of Nursing. She • The Thurgood Marshall College Fund (TMCF) selected F. Lewis College of Business, where he serves as an has chaired the VSU Community Healthcare Initiative – VSU 16 VSU students to participate in the TMCF’s prestigious associate professor. Dr. Akkaladevi’s 10 years of teaching Cares – since its inception in 2012. Dr. Faison established Leadership Institute held in November in Washington, DC. experience include introductory and advanced courses. a mentorship program for nursing students with the The 16 students represents a record number of students Dr. Derby was honored with the Bank of America award. Central Virginia Chapter of the Black Nurses Association. selected from VSU. The Leadership Institute is a national She is an associate professor of sociology, social work and Her research focus is addressing health disparities and program designed to develop students’ leadership skills, criminal justice in the College of Humanities and Social promoting diversity in nursing education. create a community of scholars, provide companies with Sciences. Dr. Derby received a Fulbright U.S. Scholar Grant access to a talented and diverse student population and for the 2014-2015 academic year, which she used to teach • VSU was one of 27 NCAA Division II member schools help students make connections that lead to careers. and conduct research on human trafficking, with a special honored as part of the Presidents’ Award for Academic focus on child domestic servitude in Nigeria. Excellence program. The Presidents’ Award recognizes

25 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

WHAT’S HAPPENING AT VSU CONTINUED 2015 Notable Achievements

institutions that achieve four-year Academic Success Doctor of Humane Letters. VSU also presented Interim Rates of 90 percent or higher. With a score of 93, VSU tied President Pamela V. Hammond with an Honorary Doctor of for sixth place among the 300 institutions that compete Science degree. in the NCAA Division II. VSU was the only CIAA school recognized with the Presidents’ Award. • VSU vocal instructor, Jennifer Piazza-Pick, was named one of three winners of Hawaii Public Radio’s Art Song • For the third year, Virginia State University joined the Contest and was featured on HPR-1’s program, Singing Remembrance Day National Roll Call project to honor and Other Sins. Piazza-Pick is also the recipient of the American service men and women. VSU was one of 47 George Cortes Award for Classical Singing by the Artist colleges or universities in the country, and the only HBCU, Foundation of San Antonio and was a finalist for the participating in this effort. On Veteran’s Day, campus American Prize in the women’s art song division. In and community volunteers at participating colleges summer 2015, Piazza-Pick was the cover for Susanna and universities read the names of fallen military. VSU in The Marriage of Figaro at the Princeton Festival in recognized those who have served, are serving and those Princeton, N.J. and sang with the Berwick Chorus of the who died in service to the nation. Oregon Bach Festival in Eugene, OR. Romania; and Budapest, Hungary. The VSUGC is being considered for the Rai TV Christmas Program and for a December • VSU Athletics placed seventh among NCAA Division II New Year’s Eve performance in Rome’s Piazza del Popolo. programs in the NCAA TeamWorks Competition. The • The Association of Public and Land-grant Universities program is a national community service competition for • With a pledge to transform Virginia State University named Dr. Antonio McLaren one of 19 recipients of its NCAA DI, DII and DIII athletic departments and student- into “Virginia’s Opportunity University” Dr. Makola inaugural 1890 Universities Career Exemplar Award. Dr. athletes and recognizes schools for their outstanding M. Abdullah, Ph.D. met his new university family on McLaren is a newly appointed National Program Leader commitment to volunteerism and community service. Over December 10, 2015. On February 1, 2016, Dr. Abdullah for the U.S. Department of Agriculture’s National Institute the course of the competition, which ran from September became VSU’s 14th President. of Food and Agriculture in Washington, DC. Dr. McLaren 1 to December 15, VSU student athletes engaged in 1,183 served as the USDA/1890 Program Liaison at VSU through hours of community service. September 2015 . • The Virginia State University Gospel Chorale embarked on • Senator Rosalyn Dance delivered the address at the 2015 a nearly month-long European tour. The VSUGC performed Fall Commencement Convocation. VSU graduated 400 in the North and South of Italy, Rome to Sicily. The Tour students and bestowed upon Senator Dance an Honorary also included stops in Geneva, Switzerland; Bucharest,

26 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

Evening Song By Alston Water Burleigh 1930

Far above the Appomattox, On its lofty hill, Stands the school we love so dearly, And we always will. Through the years may come between us, Still what’ere our fate, We will keep thy song before us, Hail Virginia State.

Keep our aim and purpose steadfast Thru the darkest night, Lead us on to full achievement, By thy guiding light; Then when we fulfill our mission, Be it small or great, We will sing thy praise forever, Hail Virginia State.

Refrain Carry me back to Alma Mater. Life’s sweetest song we will sing to our Mother, Hail to Virginia State, our home forever more.

27 VIRGINIA STATE UNIVERSITY ANNUAL REPORT ON GIFTS AND CONTRIBUTIONS 2014-2015

The Virginia State University Office of Institutional Advancement publishes the VSU Annual Report on Gifts & Contributions.

EDITORIAL TEAM:

Editor and Publisher: Bart Blanks

Contributors: Bart Blanks, Assistant Director of Development Services David Carter, Database Manager Latryce Noel, PR & Marketing Specialist, University Relations Anita Wynn, Acting Associate Vice President for Institutional Advancement Tom Reed, Assistant Vice President for Institutional Advancement VSU Controller’s Office

Administrative Support: Robin Baughan, Administrative Assistant Pat Hawkins, Development Services Assistant

Design Provided by: Office of Graphic Communications Virginia Department of General Services

Cover art created by VSU Student: Shawn Gray, Graphic Design Major ‘17

Office of Institutional Advancement P. O. Box 9027 Virginia State University, VA 23806 28 (804) 524-6986