Foundation for the Future ENDOWMENT REPORT 2012 - 2013 Mission Statement The University of North Florida Foundation has a focus on fiduciary responsibility, volunteer leadership and endowment growth in order to provide private support to the University’s strategic plan for academic and student life programs to meet such needs as scholarships, faculty instruction, research and facilities. On the cover: Ann and David Hicks LETTER FROM PRESIDENT JOHN A. DELANEY Those of us who study and work each day at UNF are truly grateful to you for believing so wholeheartedly in our mission and vision. The theme for this year’s Endowment Report is Foundation for the Future. Last year at this time, we were wrapping up The Power of Transformation campaign, the most ambitious capital campaign in the history of the University of North Florida and one in which we surpassed our $110 million goal by about $20 million – raising $130 million to build a solid foundation for the future of UNF. Part of that foundation is helping to fund study-abroad trips, some of which you will read about in this report. Our students study abroad at twice the national average, giving UNF students a distinct advantage in the global job market after graduation. They are world citizens who know how to communicate and navigate abroad, giving them a huge lead over their counterparts from other schools. They are also gaining valuable Transformational Learning Opportunities opportunities abroad, but you will also learn about the people who have while abroad, one of the hallmarks of a UNF education. TLOs set UNF helped to provide them and the relationships that have developed between apart from other colleges and universities because they give our students them. They are quite inspiring. the chance to learn in hands-on settings, often with their professors right But so are you. I am often in awe of you, our donor. I am astounded at by their side, guiding them and giving them personal attention that they the level at which you choose to invest in this University. You prove time just would not receive anywhere else. Our students tell us time and time and time again that you understand and value the importance of having an again that these TLOs are the reason that their UNF education means so institution like the University of North Florida in your community. Your much to them and sets them apart in the workforce. When they graduate, generosity, it seems, knows no limits, and our students are the beneficiaries. they have already gotten plenty of hands-on experience in their chosen Those of us who study and work each day at UNF are truly grateful to you profession. for believing so wholeheartedly in our mission and vision. One of the other hallmarks of a UNF education is the opportunity many of our students have to interact with the people who make their education possible — donors like you. As you peruse this report, you will read not only about the students who have embarked upon these fabulous learning John A. Delaney, President University of North Florida 1 LETTER FROM THE FOUNDATION PRESIDENT At this time last year, we were heading into the you read about these young people and discover for final months of The Power of Transformation yourself why they say they simply would not be where capital campaign. We were eager to meet our goal they are today without donors like you. of $110 million and put in place a solid foundation With your help, the quality of the education at for the students and faculty of the University of UNF continues to excel and we are able to provide North Florida. As a Foundation Board, we went into transformational learning experiences for more and the campaign completely backing the University more students. While dramatically and positively leadership in its determination to raise money in one impacting the lives of our students, we are also of the worst economic climates in the history of this indelibly expanding the economic health and cultural country. vitality of our region. We knew that the education being provided at the Thank you for entrusting us with your precious University was excellent. The quality of instruction, resources and for your continued faith in us. the devotion of the faculty, and the opportunities for hands-on learning and study abroad were unmatched by any other university in the region. We knew that Margaret B. Gellatly, President what we offered our students was something so UNF Foundation Board extraordinarily important that we had to be successful in our quest. And we were — resoundingly so! By Dec. 31, 2012, we had surpassed the original goal, raising more than $130 million for the University. Now we are working just as hard to be faithful stewards of the resources with which you have Thank you for entrusted us. In this Endowment Report, you will see how we have invested those donations and how the entrusting us with your endowments are performing. You will also read about the various endowments and learn more about some of precious resources and the donors themselves and why they chose to give. Most importantly, you will read about some of for your continued the students whose lives have been changed by the opportunities they have been given at UNF — through faith in us. your generosity and vision. You are in for a treat as 2 UNIVERSITY OF NORTH FLORIDA FOUNDATION BOARD EXECUTIVE COMMITTEE David Brown Gail A. Nursey Thomas P. Coonley Charles A. Clarkson Margaret B. Gellatly, Karen E. Burdette Michael P. Oates L. Earl Crittenden Francis I. duPont III Robert J. Chassman*, President Brandon N. Choy Shyam B. Paryani* W. Patrick Cusick (deceased) William E. Flaherty (deceased) President, Alumni Association Susan R. Ryzewic, Betsy C. Cox Conchita W. Robinson John J. Diamond E. K. Fretwell (deceased) Mark Cagnassola*, Immediate Past President Jay C. Demetree Jr. Helen C. Rowan Francis I. duPont III J. Michael Hughes President, Osprey Club John A. Delaney, Anand Desai Susan West Schantz Ann C. Hicks* Hugh H. Jones Jr. Gordon F. Rakita, UNF President Francis X. “Skip” Frantz Robert R. Schiller William A. Hightower Delores Kesler President, Faculty Association John J. Allen Charles M. “Chuck” Ged* Patsy P. Shields Homer H. Humphries (deceased) Hy W. Kliman Elana E. Dietz Paul R. Goodwin Helen E. Short Arthur I. Jacobs Daniel A. Martinez Wayne E. Flowers Lee E. Hanna Linda C. Slade* W. Radford Lovett II James W. Milligan Cecil “Mac” Holley John T. Hayt Gregory B. Smith Thaddeus M. Moseley (deceased) Thomas F. Petway III Irene J. Lazzara Ann C. Hicks* David A. Stein Russell B. “Rusty” Newton III Gert H. W. Schmidt* (deceased) W. Radford Lovett II Corinne C. Hodak* Ronald Townsend Pamela Y. Paul Nancy R. Schultz* Carolyn Mathis Jonathan T. Howe Robert H. Paul III Mary Virginia Terry PAST FOUNDATION Douglas W. McNeill Melanie Jennings Husk* Susan R. Ryzewic PRESIDENTS EX-OFFICIO Joseph P. “Chuck” Moorer Debbie A. Johnson* Howard C. Serkin William B. Bond Ann S. McCullen*, Russell B. “Rusty” Newton III Lisa Mancini Alford C. Sinclair Vincent W. Campbell Interim Executive Director Marilyn N. McAfee Bruce A. Smathers FULL BOARD James P. Citrano Shari A. Shuman*, Vince McCormack John S. Walters (deceased) Stephen E. Bachand James E. Cobb Treasurer Almeta Monroe-Turner Scott F. Baker Charles E. Commander III HONORARY MEMBERS Carlo A. Fassi, Scott L. McCaleb Anna Lopez Brosche* Daniel W. Connell Jr. Chester A. Aikens (deceased) President, Student Government * UNF alumnus 3 “Living and studying in a country that is so much older than the United States is really informational for an art student from the U.S.” - Courtney McCracken 4 Scholarship allows student to study art in Italy Exploring new countries and discovering other cultures is one of Judy “You can understand your own culture more when you immerse yourself in Eisen’s greatest passions. Giving back has become one of her greatest someone else’s. That kind of insight can improve the quality of your work. callings. I know it made me more confi dent.” The Judy and Saul Eisen Study Abroad Endowed Scholarship bridges McCracken credits the Eisen Study Abroad Endowed Scholarship with those two worlds by giving University of North Florida art students a giving her the confi dence and a diverse enough resume to apply and receive chance to discover the joy of travel. admission to graduate school at the University of Georgia for sculpture. “For me, it was a perfect coming together of the things I love,” said Those are the kinds of stories that inspire Eisen to continue her ongoing Eisen, who received her master’s degree in counseling psychology in 1978. involvement with the University. She has made an impact on campus in “My late husband and I traveled to more than 40 countries together, some other ways, such as her recent contribution of 15 prints and paintings to the of them multiple times, and we became more adventurous as we got older. Department of Art and Design. Eisen and her husband had an art collection We went everywhere from Bhuthan to Antarctica, and that passion for that had grown to more than 100 pieces over the years, and the decision was travel has become a huge part of who I am. Having the chance to share that made to pare that number down by donating some pieces and giving others love with others is an honor.” to their children. Considering Eisen’s long involvement with UNF, she said Every year, her and her late husband’s scholarship funds a study-abroad the choice of where to donate some of her collection was simple.