President’s Report President’s 2013 NEW YORK INSTITUTE OF TECHNOLOGY www.nyit.edu/giving | President’s Report 2013 | 1 Your continued support ensures we are well positioned to meet our strategic goals and keep the NYIT light burning brightly for generations to come. Dear Friends, Those of us who are proud to come to work each day at our increasingly great university Your continued support have made it our mission to prepare NYIT and our students to meet the challenges of today ensures we are well and tomorrow. Through strategic evolution and with the help of superb faculty, staff, and friends, we are well on our way to achieving positioned to meet our that goal as part of our 2030 strategic plan. The value of higher education is a topic of strategic goals and keep lively debate. In Long Island especially, colleges are experiencing a slowdown in the NYIT light burning growth and struggling to meet changing expectations. NYIT is better prepared to address these challenges than most of our brightly for generations competitors across America. In fact, a leading Other new programs include an M.S. in health study ranked NYIT among the top 10 percent and wellness in New York and a master’s of American universities based on return on degree in information, network, and computer to come. investment. And we continue to evolve our science at NYIT-Vancouver. We hope to offer value proposition by appointing expert faculty that program along with a master’s degree in and staff, ensuring our facilities are state-of- instructional technology at NYIT-Abu Dhabi the-art, and developing programs that prepare soon. All of our new programs are, of course, students for careers in emerging fields. offered first in New York. With new enrollment strategies in place, we We continue to ensure students and faculty are seeing an increase in applications and engage in meaningful scholarship that higher-quality candidates. The university’s contributes to the betterment of the world. focus on STEM fields and medical professions This year, we hosted cybersecurity anticipated U.S. News & World Report’s latest conferences in New York and Abu Dhabi rankings of attractive professions. The report and a conference on the water-energy nexus named software developer as the No. 1 job in Beijing. NYIT research activity and grant and noted jobs in health care and business awards for faculty are also at their highest are expected to increase. levels in our history. With our promise to produce career-ready All of these initiatives enhance our reputation professionals a reality, NYIT is providing more and help us attract students, faculty, and opportunities for students to enter high- partners eager to be part of our community. demand fields. The NYIT Board of Trustees Your continued support ensures we are unanimously approved a resolution to open a well positioned to meet our strategic goals second location of the College of Osteopathic and keep the NYIT light burning brightly for Medicine at Arkansas State University. generations to come. The initiative will help address a shortage of We are most grateful. health care professionals in one of the most underserved regions in the United States. Sincerely, Edward Guiliano, Ph.D. President nyit.edu/giving | President’s Report 2013 | 1 Dear Friends, Thank you! As a result of your generosity, we have seen a substantial increase in giving and have provided students with an unprecedented amount of financial assistance. Your support is making a difference, and you should be extremely proud of that accomplishment. I thank our many benefactors who have graciously given their time, energy, and financial support. I appreciate your generous contributions, which have helped so many students and made a significant difference in their lives. Nothing gives me more pleasure than to see Your support also ensures that NYIT will our students graduate and go on to successful, continue to provide the best possible rewarding careers. Over the past few years, education to our students. You are not only we have made a concerted effort to establish investing in the future of NYIT, you are new scholarships and have increased philan- investing in our leaders of tomorrow. thropic support to benefit high-performing I know many of you receiving this report are students. A few of these are highlighted in the alumni. You are part of a powerful network stories that follow, and I hope you will be as of more than 90,000 graduates who live and inspired as I am by the students and donors work around the world. No matter how you who have made these scholarships possible. choose to give back to your alma mater, your efforts will strengthen the alumni community and inspire others to follow. As an alumna, parent of an M.B.A. alumna, and chairperson of the NYIT Board of The gift of giving Trustees, I have found that the gift of giving is a remarkable achievement no matter how big or small. I ask that you include NYIT is a remarkable in your gift giving for 2014 and beyond. In a time when traditional universities are struggling, NYIT remains ready to address achievement. the challenges presented by our evolving world. Your continued support makes our success possible. Thank you! Thank you! Thank you! Sincerely, Linda Davila (B.S. ’78) Chairperson, NYIT Board of Trustees 2 | President’s Report 2013 | nyit.edu/giving Nothing gives me more pleasure than to see our students graduate and go on to successful, rewarding careers. www.nyit.edu/givingnyit.edu/giving | President’s Report 2013 | 3 Meet some of NYIT’s talented scholarship recipients and the trustees and donors who are helping them pursue their dreams. 4 | President’s Report 2013 | nyit.edu/giving Below: Trustee Peter Ferentinos Giving Back Yields Meaningful Returns Through scholarships, Trustee Peter Ferentinos is helping current students finish their studies so they can kick off their careers. Emma Woliver longest-serving board member. future was uncertain. “We have a was facing a worst As the university has evolved and fixed exchange rate policy,” he case scenario: expanded, he’s remained one of its explains, “so the only way to get Changes to her greatest advocates and has consis- U.S. dollars is to buy them from the financial situation tently set the bar for others through government—and there is always meant she might his leadership and support of NYIT more demand than supply.” not be able to continue her studies in and its students. NYIT’s dual B.F.A./M.A. program in He thought about taking out loans communication arts. She looked into Keeping good students in college is to finish his degree, but the exchange her options and found the scholarship one of Ferentinos’ great passions, rate issues would make it nearly established by Peter Ferentinos. so he focused on retention when impossible to pay them back. he established two of NYIT’s most As a Ferentinos scholarship recipient, “I talked to a lot of people at school significant scholarships: the Dr. and Malave was able to stay at NYIT to see if I could get the scholarship Mrs. Peter Ferentinos and Family and is one step closer to pursuing because I really needed it,” Woliver Endowed Presidential Scholarships a career in international business. says. Thanks to her excellent and the Dr. and Mrs. Ferentinos academic record, she was awarded and Family Annual Scholarship. Both Woliver and Malave have the scholarship and is looking “Commitment is the key to success, dreams of succeeding in highly forward to finishing her studies. and these students have already competitive industries. While the As for the future? “I want to do made a commitment to their scholarships will help them finish something in a creative field,” she education,” Ferentinos says. “NYIT their studies so they have a chance, says. “There are a lot of people is a magnificent school, so the best Ferentinos knows well the tough here studying art, people who thing I can do is help them continue decisions they’ll have to make once want to make video games. I’m their studies.” they start their careers. “Experience surrounded by it all the time.” failure and learn from it,” he advises. When the political situation in his “Go beyond what you think you Peter Ferentinos, chief operating home country of Venezuela esca- may be capable of. Be confident in officer of Qualco Inc., is NYIT’s lated earlier this year, business your ability to succeed, and you’ll student Jose Malave’s academic ultimately succeed.” www.nyit.edu/giving | President’s Report 2013 | 5 (below) Kevin D. Silva (pictured left), chair of the NYIT Board of Trustees Development Committee, has lunch with two of his scholarship recipients, including Jesus Moo (pictured center). (facing page) Recipients of The Rupa B. Bhatt Science Scholarship for Women of Indian Origin meet with Rupa Bhatt and Bharat B. Bhatt, vice chairperson of Scholarships the NYIT Board of Trustees. Pictured from left to right: Jaspreet Dhillon, Rupa Bhatt, Shivani Patel, Bharat B. Bhatt, Meeta Aggarwal, and Vidhi Sanghvi. Celebrate Diversity NYIT’s diverse student population is part of what makes the university an exceptional place to study. New scholarships endowed by Rupa Bhatt, Linda Davila (B.S. ’78), and Kevin Silva are helping women and students of minority descent pursue careers in STEM fields. Rupa Bhatt is not exactly a science (B.S. ’13), an aspiring physician person. “I was an art major,” she says. assistant and recent scholarship But when she and her husband, NYIT recipient, determined NYIT was the Board of Trustees Vice Chairperson only place for her after thoroughly Bharat Bhatt, decided to endow a researching her options.