Foundation for Growth – The first 40 years of the UNF Foundation N O o f R Y T H T I F S L R O E R V I I D N YEARS A U 1 9 2 7 2 - 2 0 1 Endowment Report 2011 -’12 UNIVERSITY OF NORTH FLORIDA FOUNDATION BOARD EXECUTIVE COMMITTEE Anna Lopez Brosche* Shyam B. Paryani* L. Earl Crittenden Francis I. duPont III Robert J. Chassman*, Margaret B. Gellatly, Karen E. Burdette Conchita W. Robinson W. Patrick Cusick (deceased) William E. Flaherty (deceased) President, Alumni Association President Brandon N. Choy Helen C. Rowan John J. Diamond E. K. Fretwell (deceased) Sid Roberson*, Susan R. Ryzewic, Betsy C. Cox Robert R. Schiller Francis I. duPont III J. Michael Hughes President, Osprey Club Immediate Past President J. C. “Jay” Demetree Jr. Patsy P. Shields Ann C. Hicks* Hugh H. Jones Jr. Gordon F. Rakita, John A. Delaney, Francis X. “Skip” Frantz Helen E. Short William A. Hightower Delores Kesler President, Faculty Association UNF President Charles M. “Chuck” Ged* Linda C. Slade* Homer H. Humphries (deceased) Hy W. Kliman John J. “Jack” Allen Paul R. Goodwin Gregory B. Smith Arthur I. Jacobs Daniel A. Martinez Elana E. Dietz Lee E. Hanna David A. Stein W. Radford Lovett II James W. Milligan Wayne E. Flowers John T. Hayt Carol C. Thompson* Thaddeus M. Moseley (deceased) Thomas F. Petway III Cecil “Mac” Holley Ann C. Hicks* Ronald Townsend Russell B. “Rusty” Newton III Gert H. W. Schmidt* (deceased) Irene J. Lazzara Corinne C. Hodak* MaliVai Washington* Pamela Y. Paul Nancy R. Schultz* W. Radford Lovett II Jonathan T. Howe Robert H. Paul III Mary Virginia Terry PAST FOUNDATION Carolyn Mathis Melanie Jennings Husk* Susan R. Ryzewic PRESIDENTS EX-OFFICIO Douglas W. McNeill Debbie A. Johnson* Howard C. Serkin William B. Bond Pierre N. Allaire, Joseph P. “Chuck” Moorer Lisa Mancini Alford C. Sinclair Vincent W. Campbell Executive Director Russell B. “Rusty” Newton III Marilyn N. McAfee Bruce A. Smathers James P. Citrano Shari A. Shuman*, Richard W. Stein Scott L. McCaleb John S. Walters (deceased) James E. Cobb Treasurer Janie S. McLure* FULL BOARD Charles E. Commander III HONORARY MEMBERS Carlo A. Fassi, Gail A. Nursey Stephen E. Bachand Daniel W. Connell Jr. Chester A. Aikens President, Student Government Michael P. Oates Scott F. Baker Thomas P. Coonley Charles A. Clarkson * UNF alumnus ETTERS FROM THE RESIDENTS was made to proceed with the L P campaign. as president but also provided Members of the UNF Foundation valuable insight as chair of our and the campaign steering investment committee. committee realized the initiative Counting Susan, we have had 25 was too important to the future of Foundation presidents who have this University to postpone. The harnessed the collective skills and Foundation and the campaign talents of more than 250 volunteer steering committee made a board members from all walks of life courageous decision to launch this over the 40 years of our existence. private fundraising effort. Our However, one thing we all have in volunteers took on the incredibly common is an abiding love for UNF difficult job of knocking on doors at and a desire to help this University a time when many potential donors grow and prosper. The Power of were unsure about their businesses, Transformation campaign is a perfect On Dec. 31, 2012, we will conclude personal finances and the global example. For the past six years, The Power of Transformation economy. However, their belief This issue of the UNF Endowment the Foundation Board has been campaign. It’s a milestone to in UNF was so strong and their Report features a look at the history supportive as donors helping us to celebrate, for at its core lies the dedication so unwavering, they were of the UNF Foundation. It’s an move toward the $110 million goal. dedication of thousands of volunteers able to convince thousands of alumni, appropriate time to look at where we Through it all, the commitment and donors. friends, corporations and foundations started and what we have achieved as of the Foundation Board has been First, the campaign is a success. We to support our cause. the University begins celebrating its steadfast. We are committed to are raising millions for scholarships, Our campaign theme is more 40th anniversary. developing the private support to fellowships and various academic than a slogan. We offer our students As the newest president of the UNF assist UNF while guaranteeing the enhancements. We continue to seek opportunities for transformational Foundation, I’m struck by the drive, funds entrusted to us are used in the resources for some needs that have experiences every day. The power of dedication and determination of those ways intended by the donors. yet to be met. Nevertheless, the this transformation is phenomenal, who preceded me. Beginning with Thank you for allowing me to be response from the community has and it’s because of donors and the Jacksonville physician Thaddeus part of this wonderful tradition, as I been overwhelming. dedication of hundreds of hard- Moseley, who became the first become the 26th UNF Foundation Success was not at all certain. working faculty and staff that it’s president when the Foundation was president. Before launching the public phase in possible. For a 40-year-old public formed in 1971, we are fortunate to 2009, we had several soul-searching university, we have made great have been led by outstanding civic meetings to determine if we should strides in a very short period of time. leaders. Their dynamic leadership proceed. Thank you from the bottom of my has greatly contributed to the thriving I’m sure I don’t have to remind heart. University we see today. Margaret B. Gellatly, President you that 2008 was a year full of This tradition of excellence UNF Foundation Board economic uncertainly. Although we continued with my immediate faced an economy with a depressed John A. Delaney, President predecessor, Susan Ryzewic. She not stock market, a housing crisis and University of North Florida only provided outstanding leadership increasing unemployment, a decision 1 UNF’s first president Dr. Thomas Carpenter looks over the first campus buildings under construction and examines building materials. UNF Foundation had humble beginnings The Foundation’s first decade 1971-1981 It’s often said that a journey of a thousand miles begins with a single step. That same philosophy can also apply to building a university This issue of the annual UNF Endowment Report is published to foundation, especially a foundation for a new university in a city coincide with the 40th anniversary of the University of North Florida. already dominated by a long-established private institution. The UNF Foundation has been a major part of the University’s That was the situation faced by the University of North Florida’s first growth. Many civic leaders and donors have contributed to the president, Thomas G. Carpenter, as he and a band of dedicated faculty and staff set out to create a new state university. One element of that UNF Foundation during the last 40 years. A few of these individuals university was the establishment of a non-profit foundation to generate are mentioned in the historical section of this report. However, the private support so essential to supplementing public financing. The short profiles of all 278 endowments are also included as a way of first debate was about the location for UNF. When it was finally settled, along with the combination of a sale and a donation of land from the recognizing all donors who are helping us provide transformational Hodges, Skinner and Brest families, attention shifted to building a tax- experiences to our students. exempt organization to accept gifts. 2 The UNF Foundation Inc. was officially formed in December of executive editor of the Florida Publishing Co., predecessor of The 1971, less than a year before the University officially opened for Florida Times-Union, and Homer Humphries, a Jacksonville lawyer and classes. Fundraising had actually started somewhat earlier with a $300 former president of consolidated Jacksonville City Council. restricted donation in 1970. University records do not indicate the Raising money in the first few years was difficult because UNF source of that donation. had no alumni. Business and community leaders were asked to step The first UNF Foundation Board consisted of 15 community leaders. up. Corrick came up with an idea to call these individuals “volunteer They were invited by Carpenter with assistance from George W. alumni,” and about $40,000 had been raised by the time UNF opened Corrick, the founding executive director of the Foundation. for classes. Thaddeus Moseley, a prominent Jacksonville physician, was recruited Corrick recalled the UNF Foundation followed the lead of many as the first board president. He was succeeded in the presidency by universities that first developed annual giving programs. As the a line of prominent Jacksonville residents including John Walters, institutions matured, the foundations concentrated on endowments and The UNF Foundation Board was officially formed in December of 1971 about a year before the University opened for classes. Early UNF Foundation Board Seated L–R Executive Committee Vince Campbell, John Walters, Tom Carpenter (Pres.), Tom Coonley, Al Sinclair (V.P.), Homer Humphries 2nd Row L–R Bruce Douglas, Bob Alligood, John Minahan, John Hayes, Shep Bryan, Bruce Smathers, Jack Snider, Hugh Wilson, Robert Martin, Arthur Jacobs, Jim Haywood 3rd Row L–R Ray Markham, Lowell Wood, Jack Brooks, Larry Pelton, George Corrick, Conrad Weihnacht, Judson Whorton, Ken Johnson, Francis I. duPont III, Bernard Brennan 3 planned giving. The same was true with UNF, which also faced a headwind of being the “new kid on the block” in the early years, Corrick said.