Building lifelong relationships Endowment Report ‘10 -’11 Mission Statement Letter from Foundation President The University of North Florida Foundation has a focus on UNF Foundation donor funding enables This process ultimately concluded fiduciary responsibility, volunteer leadership, and endowment “Thank you for entrusting us the University to begin new programs when the Foundation’s Investment growth in order to provide private support to the University’s with your precious resources and enhance existing ones far beyond Committee recommended to the full what would be possible if we were to board that we select a new firm, Perella strategic plan for academic and student life programs to meet such and for your continued faith rely on state resources alone. One of the Weinberg Partners, to be our outsourced responsibilities of the UNF Foundation CIO, with responsibility for overseeing needs as scholarships, faculty instruction, research and facilities. in us.” Board is to be diligent stewards of the the endowment investments, effective resources with which we have been January 1, 2012. For more information entrusted to achieve the maximum about PWP you can go to its website benefit from every dollar donated. We www.pwpartners.com. take this stewardship extremely seriously. We are excited about the change in An essential component of stewardship our outsourced CIO. There will not be is the regular review of: the best a radical change in the way donated practices in the endowment management dollars are invested for the Foundation. industry; the performance of the UNFF It is more akin to a fine-tuning process endowment; and the relationship that demonstrates UNF’s commitment with our outsourced Chief Investment to preserving the purchasing power Officer (CIO). Twelve months ago, as of our donors’ endowments. The UNF part of this ongoing “best practice,” we Foundation board devoted its resources began the process by identifying and to this review process so that we researching the approaches used by other can continue to build on our strong endowments and by soliciting proposals relationship with donors. from an extensive array of financial With the help of our donors, the quality management firms. We collected of education at UNF continues to excel information from more than 30 firms and and provide transformational experiences through multiple rounds of due diligence, for the students. Ebony Felix - Sophomore Delores Pass Kesler Scholar narrowed the field to four organizations Thank you for entrusting us with that we believed could best serve the your precious resources and for your endowment needs of UNF Foundation. continued faith in us. After face-to-face interviews, we selected two firms and conducted on-site visits. Susan R. Ryzewic, President, ON THE COVER: Retired UNF professor Dr. Ray Bowman (left) with former student and current donor Chuck Ged in the UNF Wildlife Sanctuary. Photo by Nicholas Uselman UNF Foundation Board 1 Letter from John Delaney UNF Foundation Board “We are proud of the The theme of this year’s Endowment many of our goals, including the ability to Report is building lifelong relationships. connect our students to the community. caring and nurturing Within these pages you will have the In Student Affairs, our students also opportunity to read several stories develop strong relationships with their environment we have about ways in which our graduates have club advisers. In athletics, lifelong formed such relationships with faculty relationships are established with coaches. created at UNF.” mentors and with donors who made Members of our Foundation Board and their education possible. You will also the Board of Trustees are leaders in the find discriptions of other relationships Northeast Florida region. As such, these which add to the success of UNF and its board members have helped us solidify graduates. broad community relationships through As you know, we have called our capital connections with civic, business, cultural campaign “The Power of Transformation”. and governmental organizations. We selected this name, in part, because of In addition, we have developed direct the transformational relationships between relationships with a number of civic faculty and students. We are proud of groups such as the World Affairs Council. the caring and nurturing environment we By partnering with this organization, they have created at UNF. Classes are small have been able to offer notable lectures and faculty members know the names by some of the most prominent speakers EXECUTIVE COMMITTEE Anna Lopez Brosche (A) Robert R. Schiller Homer H. Humphries, Jr. Gert H. W. Schmidt (A)* Susan R. Ryzewic, Brandon N. Choy Patsy P. Shields Arthur I. Jacobs Nancy R. Schultz (A) of the students in their classes. Students in the nation — enriching our community President Betsy C. Cox Linda C. Slade (A) W. Radford Lovett II Mary Virgina Terry Margaret B. Gellatly, J. C. Demetree, Jr. David A. Smith (A) Thaddeus M. Moseley* EX-OFFICIO receive individualized attention both and our students’ learning experience. President-elect Francis X. “Skip” Frantz Gregory B. Smith Pamela Y. Paul Pierre N. Allaire, Russell B. Newton III, Charles Marc Ged (A) David A. Stein Robert H. Paul III in the classroom and in the signature We are proud of all these relationships Executive Director Immediate Past President Paul R. Goodwin Carol C. Thompson (A) Howard C. Serkin Transformational Learning Opportunities and are committed to maintaining and John A. Delaney, Lee E. Hanna Ronald Townsend Alford C. Sinclair Shari A. Shuman, (TLOs) we offer. strengthening them in the future. These are UNF President John T. Hayt MaliVai Washington (A) Bruce A. Smathers Treasurer (A) John J. Allen Ann C. Hicks (A) Floyd B. Willis John S. Walters* Sid Roberson, But relationships are built outside the the relationships that will sustain us as we Karen Burdette Corinne C. Hodak (A) Osprey Club (A) PAST FOUNDATION HONORARY MEMBERS Elana E. Dietz Jonathan T. Howe Robert “Rob” Raesemann, PRESIDENTS Chester A. Aikens classroom, as well. Our deans work to move toward our vision. Wayne E. Flowers Melanie Jennings Husk (A) Alumni Association (A) William B. Bond Charles A. Clarkson Cecil “Mac” Holley Lisa Mancini maintain close contact with the various James P. Citrano Francis I. duPont III Patrick Plumlee, Joy G. Korman Carolyn Mathis James E. Cobb William E. Flaherty* Faculty Association constituencies through active advisory Irene Lazzara Marilyn McAfee Charles E. Commander III E. K. Fretwell Matthew Brockelman, W. Radford Lovett II Scott L. McCaleb councils. Hundreds of volunteers on these Daniel W. Connell Jr. J. Michael Hughes Student Government Douglas W. McNeill Thad L. McNulty Thomas P. Coonley Hugh H. Jones Jr. councils help us ensure relevance within Joseph P. “Chuck” Moorer Gail A. Nursey L. Earl Crittenden Delores Kesler Richard W. Stein Michael P. Oates John A. Delaney, President, W. Patrick Cusick* Hy W. Kliman our curriculum. Many of these same Shyam B. Paryani (A) FULL BOARD John J. Diamond Daniel A. Martinez Donald H. Poag, Jr. (A) volunteers also provide a host of resources University of North Florida Stephen E. Bachand Ann C. Hicks (A) James W. Milligan (A) UNF alumnus Conchita W. Robinson Scott F. Baker William A. Hightower Thomas F. Petway III and opportunities to aid us in achieving Helen C. Rowan * deceased 2 3 “Ray was always willing to take the time for excellent learning environment. He admitted he struggled with his initial college experience at the University of Florida because of students. You could go to him to talk about the relative size of the institution. But that wasn’t an issue when he transferred to UNF. a class topic or career plans. He loved the After graduation, Ged was hired by JEA to work in the utility’s environmental lab. Bowman asked his former student to return to student-teacher relationships.” campus and teach a lab class. The relationship continued to mature as Ged established his own business and began to hire UNF interns, providing the same type Building lifelong relationships of individualized attention he had experienced through Bowman’s classes. he friendship between Environmental Laboratories of The business has continued to expand and today boasts 96 successful Jacksonville Jacksonville, which has become employees across six different offices in Florida. business owner Chuck one of the preeminent labs in The success of the business also marked the start of Ged’s Ged and retired Florida. When Bowman retired philanthropic initiatives. TUniversity of North Florida after 36 years of teaching, Ged faculty member Ray Bowman returned the favor by helping “Even when I was there in the ‘80s, Ray had a vision for a center might be one of the best his mentor realize his long- devoted to the environment,” Ged said. “Upon his retirement from examples of how a student- held dream of establishing the UNF, a suggestion was made about an endowment for such a teacher relationship can Environmental Center center, and I was glad to help out.” blossom into something much on campus. Not only was Ged a charter corporate sponsor for the UNF more meaningful. Through But the relationship goes Environmental Center, but he also funded a scholarship and made Chuck Ged (right) is not only a charter corporate sponsor of the UNF Environmental Center, he mutual respect and a sense of a major gift for the advanced analytical chemistry lab in the new has also funded a scholarship and made a major gift for the advanced analytical chemistry lab beyond just a former student on campus. civic responsibility, the two who is grateful to a former Science and Engineering Building. have become friends and Bowman also underscores the importance of endowments to faculty member. It shows how Much of this philanthropy was motivated by Ged’s desire to give University operations like the Environmental Center. partners in an important students can become influential back for what he had received at UNF.