STONY BROOK FOUNDATION ANNUAL REPORT TO DONORS FISCAL YEAR 2010-2011 MESSAGE FROM THE PRESIDENT CONTENTS extend my sincerest thanks to each and every one of our fiscal year 2010-2011 donors. Your generosity continues to provide Stony Brook MESSAGE FROM THE PRESIDENT 1 I University with the resources we need to make a difference in the class- MESSAGE FROM THE 2 room, the laboratory, and at the patient’s bedside, as well as in the cultural, FOUNDATION CHAIRMAN technological, and economic life of our region. We greatly appreciate your commitment to us. THE YEAR IN REVIEW 4 Stony Brook’s promising students look to our donors with gratitude for BOARD OF TRUSTEES 7 continuing to strengthen our ability to serve as a world-class research DONORS OF DISTINCTION 8 university. From fostering academic excellence across a broad spectrum of Samuel L. Stanley Jr., M.D. Association of American Universities-caliber programs to providing the means REPORT ON COMBINED FINANCIAL STATEMENTS 24 for talented candidates to earn their degrees at a prestigious institution, you can be proud of the active role you have chosen to take in our success—and in the lives and careers of our alumni long after they graduate. As donors, you also can look with pride to your support of Stony Brook’s faculty and the impact that they are having on both our students and our collective knowledge. In a span of just a few months last year, for example, our faculty’s research was recognized through the $1 million Abel Prize in Mathematics; the R&D 100 Award for an energy-harvesting shock absorber; three American Association for the Advancement of Science Fellowships for groundbreaking work in infectious diseases, ecology, and nuclear physics; and three Guggenheim Fellowships to further innovative work in religious studies, linguistics, and political science. In those same few months, we learned that Stony Brook faculty members mentored 32 of the 300 semifinalists and four of the finalists in the 2011 Intel Science Talent Search. It is with profound gratitude, then, that I acknowledge you for helping Stony Brook to reach and sustain high standards of excellence. Please know that for each one of your names in the listings that follow, there is a Stony Brook student and professional eager to make the most of the opportunities that you are helping to make possible. Samuel L. Stanley Jr., M.D. President, Stony Brook University a2 Stony Brook Foundation Annual Report to Donors Since its 1957 founding, Stony Brook University has established itself as one of America’s most dynamic public research universities, recognized for its innovative programs, groundbreaking discoveries, FROM THE STONY BROOK FOUNDATION CHAIRMAN and integration of research with undergraduate education. add my gratitude to President Stony Brook Gala raised $2.34 million Stony Brook Foundation Five-Year Endowment Highlights Stanley’s to all of our donors to benefit both Stony Brook Children’s Ifrom the past fiscal year. Stony and scholarships for Stony Brook’s $250 Brook’s contributors give us the ability extraordinary students. And these are $200 to serve our students, our patients, just a few of the ways in which our $150 and the greater community in ways Foundation’s donors continue to $100 s that truly make a difference. Despite enhance Stony Brook. n $50 Millio the economy, our donors gave more n I $0 With the astute guidance of Dr. Ashvin than $38.8 million to the Foundation 2007 2008 2009 2010 2011 B. Chhabra and the Stony Brook Found - by Council for Aid to Education (CAE) Endowment Growth (Net Assets) Total Net Assets ation Board of Trustees Investment standards last year and more than Committee, the Foundation’s endowment $45 million to the University overall. continued to grow and counteract the Where Our Donors Gave Thank you so much for your support. economic downturn, earning an impres- Here are a few 2010-2011 highlights sive 10.4 percent rate of return in 2010- of the tremendous impact donors to 2011 despite the volatility of the market. the Stony Brook Foundation are having Both your private philanthropy and the on the University: This fiscal year saw sound stewardship of the endowment the highly anticipated opening of the continue to play an ever-increasing Simons Center for Geometry and role in providing the Univer sity with Physics building in November as well the financial resources necessary to as the key appointment of Ken A. Dill support our world-class institution. University-wide in October to lead the Louis and ................................................ On behalf of the Stony Brook Foundation Support 10.06% Beatrice Laufer Center. Fundraising Math, Engineering, Board, I thank you again for your gen- and the Sciences........................... 39.80% for Stony Brook Long Island Children’s Culture, Communication, erosity and dedication to Stony Brook. and the Arts ..........................................4.54% Hospital continued to gain momentum Medical Center, Patient and Veterans Care.............................7.40% as construction of the new Neonatal Health Sciences and Medical Research..............................8.17% Intensive Care Unit progressed, and at University Interdisciplinary the beginning of the fiscal year, Glen Endeavors........................................... 13.36% Medical and Scientific Dubin ’78 and his wife Eva made a gift Interdisciplinary Collaborations.......................................5.52% to establish the Dubin Family Athletic Richard L. Gelfond Athletics ..................................................7.20% Performance Center for our student- Chairman of the Board Conservation, Environmental Endeavors, and athletes. In the spring, the Stars of Stony Brook Foundation Community Outreach ......................3.95% 2 Stony Brook Foundation Annual Report to Donors THE YEAR IN REVIEW Understanding the Community Support for A Campus Without Borders Charles B. Wang Center, the local and Nobel Biocare USA for major commit- Environment for Today Stony Brook Long Island community supports and participates ments; Straumann for its continuing and Tomorrow Children’s Hospital Grows Stony Brook provides students with in a learning experience that celebrates support; the late Margot Ammann a learning experience far beyond the both the uniqueness of each country/ Durrer, M.D., for her bequest to the Stewardship of the environment is Stony Brook Long Island Children’s pages of a book, the edges of a screen, region and our ever-changing ties to Dr. Gustav Durrer Travel Award and other increasingly necessary for the well-being Hospital (Stony Brook Children’s) the boundaries of its campus, or even them. Last year, more than $291,000 areas; and Pamela J. Combs, D.D.S. ’89 of our natural world, and understanding enjoyed a growth spurt as it marked the borders of our nation. With global- was raised to benefit the Centers that and her husband John Primavera for the science that will make these efforts its first year as Suffolk County’s only ization ever more important, Stony help to link the University with the establishing an endow ment to recog- successful is crucial. From School of children’s hospital. The Pediatric Emer - Brook offers students Study Abroad greater community and our institution nize leader ship and community service Marine and Atmospheric Sciences gency Department saw substantial and Exchange Programs with destina- with the rest of the world. among graduating candidates. (SoMAS) studies on how apex predators growth in patient volume over the prior tions from Seoul to Sussex, as well maintain the health of our marine eco - year and its child-friendly waiting room as a minor in International Studies. systems, to research about the loss of Excellence and Engagement Strengthening New was named “Stony Brook Hospital Shortly after the fiscal year ended, Long Island’s shellfish and how best to in Dental Medicine Generations of Athletes, two years of progress cul minated in restore them, to the new Advanced Auxiliary Waiting Room” in recognition Leaders, and Team Players an announcement by SUNY Chancellor Stony Brook’s School of Dental Energy Research and Technology of the Auxiliary’s generous gift. Stony Nancy L. Zimpher and Stony Brook Medicine combines exceptional pro- Stony Brook scholar-athletes compete Center and its opportunities for green Brook Children’s also unveiled the first- President Samuel L. Stanley Jr., M.D., grams with a concerted commitment to at a high level while learning lessons in start-up companies, to five majors in ever all-private-room Neonatal Intensive that SUNY Korea, an institution funded the greater community. The School leadership, teamwork, dedication, and the innovative Sustainability Studies Care Unit (NICU) in New York. Within by Korea and with joint faculty from was ranked 14th in 2010 among NIH/ sportsmanship that they can carry into Program, Stony Brook is pursuing the new NICU, the Pelletier and Stony Brook and Korea, has been NIDCR-funded dental schools, has the classroom and the working world. advanced research to help us respond DeCristofaro families have been recog- established and will be offering gradu- helped to produce 58 patents and 26 Last year, Stony Brook’s Seawolves to today’s pressing environmental nized for their support of Stony Brook patents-pending for oral health care ate degrees in engineering and in tech- showed their dedication to success issues and foster the growth of bright, Children’s through the naming of the products and anti-inflammatory drugs, nology and society. Also, each year the through