THE OHIO UNIVERSITY FOUNDATION 2013 Annual Report
THE OHIO UNIVERSITY FOUNDATION 2013 Annual Report
Compliments of J. Bryan Benchoff President & CEO, The Ohio University Foundation & Vice President For University Advancement
Contents letter from the president & chair 2 delivering OHIO’s promise
4 letter from the treasurer 11 financial information 12 promise lives campaign progress 17 volunteer leadership 21
Delivering OHIO’s Promise
J
ohn Kopchick, Goll-Ohio Eminent Scholar and professor of molecular biology, demonstrated in his 20122013 Distinguished Professor Lecture that life’s greatest joys and accomplishments are often serendipitous. In Kopchick’s case, two happy accidents led to the development of the drug Somavert, which treats acromegaly, a form of gigantism. Kopchick’s lecture brings to mind all of the special moments that have led Ohio University’s more than 200,000 living alumni to walk the bricks of Athens – and the halls of our regional campuses and centers including Chillicothe, Eastern, Lancaster|Pickerington, Southern|Proctorville, and Zanesville. Whatever brought you to OHIO, you continue to make your mark on our University by giving to
Ohio hio U University niversity 22 •• O
The Ohio University Foundation. Thank you. In fiscal year 2012-2013, more than 22,600 alumni and friends made gifts in support of OHIO’s students, faculty, programs, community outreach, and facilities. Together, their contributions totaled nearly $28 million. It is no accident that, because of your support, The Foundation honors its charter to encourage “Philanthropy in Support of Education.” In fact, the endowments that support Ohio University grew to more than $446 million in fiscal 2012-2013. From the endowed scholarships that help students achieve their goals and graduate with less debt, to the awards that underwrite faculty research and creative activity, your gifts to the endowment support those things that are
priceless: scholarship, creativity, and opportunity. Additional resources provided by the endowment give OHIO the ability to recruit the finest scholars and teachers. Faculty like Brian Collins, who was appointed this fall to The Drs. Ram and Sushila Gawande Chair in Indian Religion and Philosophy. And, endowment resources help OHIO to nurture the abilities of outstanding students. Students like Appalachian Scholar Austin Jenkins, a sophomore from Jackson, Ohio, who is studying finance in the College of Business; and Urban Scholar Jelani Boyd, a sophomore from Columbus, Ohio, studying mechanical engineering. What’s more, your gifts to The Foundation are supporting cutting-edge facilities. Fiscal 2013 saw construction begin on Walter Fieldhouse, a multipurpose
indoor facility, as well as the transformation of old Baker Center into the new Schoonover Center for Communication, which houses the Scripps College of Communication. These transformational outcomes demonstrate why we embarked on The Promise Lives Campaign, which will raise $450 million in support of students, faculty, programs, outreach, and facilities by June 30, 2015. At the close of fiscal 2012-2013, we had raised $427 million toward this goal. On the pages of this report, you will learn more about some of the donors like you who made fiscal 2012-2013 an exciting year for The Ohio University Foundation and The Promise Lives Campaign. You also will learn about those who benefit from your endowed and unrestricted support. We have much to be grateful
for and many serendipitous moments – and deliberate acts of philanthropy – to celebrate. The outcomes of your generosity are the achievements of OHIO’s students and faculty. Thank you for your Support of Ohio University,
Laura Brege Chair, The Ohio University Foundation
J. Bryan Benchoff President & CEO, The Ohio University Foundation
Foundation Report • 3
Excellence is our hallmark: outstanding people, ideas, and programs drive our educational mission. Stewardship enhances our legacy: as Ohio’s first institution of public higher education, we are mindful of our accountability to the public trust.
4 • Ohio University
Alumna’s generosity sprouts a garden of hands-on learning for pre-schoolers
E
lizabeth “Betty” Farmer, (BSEd ’42), remembers her days as a student in the Gladys W. and David H. Patton College of Education with fondness. She, like many before and after her, met her future husband Leonard Farmer at OHIO. Elizabeth Farmer graduated with a degree in home economics and worked with international women’s fraternity Alpha Gamma Delta, an organization that instilled in her a desire to give back to her alma matter. Benefiting from her generosity is the University’s Child Development Center (CDC) through the $145,000 Elizabeth Farmer, Lynda Jones, Kimberly Parish Farmer Family Endowment that supports the CDC’s mission, purpose, and functions. Founded in 1972, the CDC is not only a premier day care facility in Athens, but also serves as a learning lab for OHIO students who are interested in early childhood education. Center Director Cathy Waller (BSHE ’79, MSHE ’91) uses the gift to teach CDC pre-schoolers about healthy eating habits and uses the Center’s garden as a hands-on tool for both students and children. The children’s families volunteer to help with the Garden Work Day or the yearly Garden Party and donate materials and time toward the garden’s maintenance. Waller says gifts like the Elizabeth Farmer, Lynda Jones, Kimberly Parish Farmer Family Endowment help the CDC to create “effective strategies to work with parents and build a strong classroom and community, which is crucial to the CDC’s success.” As one of the only centers in the area that serves children ages six weeks to five years, the Child Development Center serves as a model for best practices in southeastern Ohio. Foundation Report • 5
Professor’s legacy helps Lancaster Campus students with families realize their promise
D
r. Carol Christy passed away in June, 2012, but her legacy is still supporting Lancaster Campus’ part-time students with families and jobs complete their college degrees. Christy’s bequest of more than $200,000 to establish the Carol A. Christy Scholarship Fund supports these students now and in perpetuity. “She had a great deal of affinity for students who had to work their way through school with jobs and a family to worry about,” said Arie Janssens, Christy’s husband. “The part-time, adult students are a joy to teach,” said Ohio University Lancaster Associate Professor Emeritus of History Ed Fitzgibbon. “I’m sure any financial help they can get would be appreciated, and I’m sure that’s what she had in mind.” Christy, a political science professor at the Lancaster Campus, died after a sixyear battle with Multiple System Atrophy. “Dr. Christy is a perfect example of the impact that a planned gift can make,” said Ohio University Lancaster Development Director Mandi Custer. “She has ensured her legacy at Ohio University Lancaster and the students will benefit for years to come.”
Founded in 1956, the Lancaster Campus offers nine baccalaureate degrees, 14 associate degrees, and eight certificates. The Hannah V. McCauley Library holds 60,000 volumes, periodicals, and databases and boasts a learning commons and access to OhioLINK.
6 • Ohio University
Dublin puts an osteopathic medical education in central Ohio’s own back yard new campus in
W
hen it comes to keeping our medical and healthcare graduates in Ohio, location can make a difference. Many new physicians will stay to practice in the area where they trained, and especially in areas where they conduct their post-medical school residency programs. With the Ohio University Heritage College of Osteopathic Medicine focus on transforming primary care, a key college strategy calls for recruiting from – and training in – central Ohio. Sixty-four percent of Ohio counties report a primary care physician shortage, and Franklin County is second only to Cuyahoga County in its number of health professional shortage areas. A new campus in Dublin gives the many Heritage College applicants from central Ohio the chance to train and eventually practice in the place they call “home.” The University purchased a 14.8-acre site with three existing buildings in Dublin with the funding it received from the Osteopathic Heritage Foundations in 2011. In turn, the City of Dublin gave Ohio University an additional 46 acres of surrounding property, valued at $4.6 million, as part of an economic development agreement. With that gift, Ohio University health sciences programs are expanding alongside the medical school. Future physicians assistants will train side-by-side with future osteopathic primary care physicians. As they pursue their degrees, OHIO students will benefit from the resources and the relationships they develop at our world-class healthcare system partners in central Ohio. With this site Ohio University commits to training those from Ohio, for Ohio — especially in the medical specialties needed most, and for our communities of greatest need. Foundation Report • 7
Faculty Support
O
hio University supporters Sheila (BA ’68) and Larry McHale helped to kick off The Promise Lives Campaign’s Faculty and Staff Campaign in March by giving $25,000 in matching funds for donations given to OHIO’s 1804 Fund, a funding vehicle that for 33 years has provided seed money for research, creative activity, and programs initiated by OHIO faculty and staff. The 1804 Fund supports projects and programs like the development of an undergraduate program in diabetes; visiting artists who work with dance and theater majors; and the study of the dynamics and controls used in robotics. The McHales’ gift provides potential donors with the incentive to give to The 1804 Fund, which would increase the fund’s corpus and, in turn, boost the number of projects and programs it can support. Endowed in 1979 by the private philanthropy of visionary alumnus C. Paul Stocker (BSEE ’26), the fund represents OHIO’s mission: to provide the best student-centered learning experience in America by focusing on excellence in undergraduate education, faculty research and graduate studies.
The 1804 Fund has awarded more than $15 million to more than 600 projects in its 30-plus-year history. Research generated from The 1804 Fund has provided seed money for business ventures, including the creation of the growth hormone antagonist drug Somavert®, which treats acromegaly. The 1804 Fund helped launch the Office of Nationally Competitive Awards (ONCA), Residential Learning Communities, Science Café, and helped to develop the Women’s & Gender Studies Program.
8 • Ohio University
Gift to the University’s Kennedy Museum of Art lets the community behold a masterpiece
G
loucester Boys by Winslow Homer (1836-1919) became part of Ohio University’s Kennedy Museum of Art (KMA) collection in spring, 2013. A gift made in memory of John B. Gerlach, Sr., a 1949 alumnus, the watercolor by the celebrated American master is a fine example of Homer’s Gloucester 1880 period and represents KMA’s move toward collecting more works from this period. Named in honor of the late Edwin L. (AB ’26, LLD ’65) and Ruth E. (BSEd ’30) Kennedy, both stalwart OHIO benefactors, KMA not only offers free admission, but also robust educational programming for local schools and the community.
The museum serves as a laboratory environment and training ground for Ohio University students. The addition of Gloucester Boys brings not only prestige to KMA, but also the opportunity for the community to view a masterpiece. Children within the Southeast Ohio region participate annually in KMA’s school tours and hands-on activities. As part of its public service mission, all of KMA’s visitors pay no admission to experience world-class collections of Southwest Native American textiles and jewelry, contemporary prints, ceramics, paintings, drawings, and photographs.
Foundation Report • 9
“Religion, morality, and knowledge being necessary to good government and the happiness of mankind, schools and the means of education shall forever be encouraged.” — Manasseh Cutler, Ohio University’s charter
10 • Ohio University
Message from the Treasurer:
A
great university like OHIO cannot achieve excellence without the help of its supporters. The Ohio University Foundation continues to provide that support with a strong financial home, bolstered again this year by an improved net asset position. Total revenues in fiscal 2013 totaled more than $73.9 million, compared to $65.9 million in 2012. Investment performance played a considerable role in this achievement, with the portfolio returning 11.85% for the twelve months ended June 30, 2013. Hirtle, Callaghan & Co. continues to provide advisory oversight to the Foundation’s Investment Sub-Committee, as the firm has since 2009. The Foundation’s investment portfolio is managed with the long-term objective of producing real growth in excess of the endowment spending policy and inflation, and the portfolio is broadly diversified across various traditional and alternative asset classes. These investment management practices have served the Foundation well, as the endowment outperformed the average one- and five-year returns reported in the 2013 NACUBO-Commonfund Study of Endowments. The University’s donors again provided the Foundation with a strong footing by adding nearly $13.5 million to net assets. These contributions played a significant role in the overall increase in net assets from $417.4 million in 2012 to $454.0 million in 2013. Net asset growth also was provided by the Foundation’s subsidiaries. The Ohio University Inn and Conference Center, University Courtyard Apartments and other subsidiaries experienced successful years in fiscal 2013. Overall, subsidiary revenues increased to $10.6 million in 2013 from $9.6 million in 2012. Thanks to strong oversight from its Board of Trustees and the board’s Investment Sub-Committee as well as continued generous support from donors, The Ohio University Foundation finds itself in a very strong financial position – a position that will allow it to provide for the great university it supports for years to come.
Stephen T. Golding • Treasurer & CFO, The Ohio University Foundation Foundation Report • 11
FINANCIAL INFORMATION
The Ohio University Foundation and Subsidiaries Summary Statements of Financial Position as of June 30, 2013 and 2012
Assets
June 30, 2013
June 30, 2012
Liabilities
June 30, 2013
June 30, 2012
Cash and cash equivalents
$
$ 15,756,637
Accounts payable
$
$
8,071,986
Pledges and other accounts receivable
17,193,318
2,688,271
3,166,463
17,836,576
Split interest agreement obligations
5,481,148
5,581,474
Investments 410,375,301 366,557,508
Bonds and notes payable
28,762,400
29,784,400
Split interest agreement assets
Other liabilities
767,823
594,863
19,577,285
19,133,618
Deposit with trustees - restricted cash
3,928,534
3,547,222
Property and equipment - net
29,885,459
30,520,718
Other assets
2,654,735
3,143,061
Total assets
$ 491,686,618
$ 456,495,340
Total liabilities
$ 37,699,642
$ 39,127,200
Net assets (deficit) Unrestricted
$ (1,213,597)
$ (3,711,995)
Temporarily restricted 286,348,808 257,626,404 Permanently restricted 168,851,765 163,453,731
Note: Audited financial statements and 2013 NACUBO-Commonfund Study of Endowments were complete and available at the time of printing. Additional information is available in the Foundation’s fiscal year 2013 audited financial statements at: http://www.ohio.edu/finance/controller/annualauditedfinancialstatementsoufoundation.cfm
12 • Ohio University
Total net assets 453,986,976 417,368,140
Total liabilities and net assets
$ 491,686,618
$ 456,495,340
FINANCIAL INFORMATION
The Ohio University Foundation and Subsidiaries Summary Statements of Activities for the Fiscal Years Ended June 30, 2013 and 2012
Expenses
Revenues and other support Gifts and contributions
2013 $ 13,460,181
University support
2012 $ 20,607,228
5,436,801
5,274,285
Academic and institutional support
2013 $ 2,227,830
2012 $
2,662,683
Alumni relations 1,781,387
1,700,118
Fundraising and development 8,359,945
7,715,663
Investment income 43,114,320 29,513,192
Fund administration
651,734
718,784
Revenues from sales, services and events
528,747
441,712
Instruction and research 9,719,564
7,166,333
Change in value of split interest agreements
495,391
(215,914)
Intercollegiate athletics 1,482,623
869,873
Subsidiary revenues 10,565,649
9,630,053
Student aid 3,699,972
3,715,891
699,316
Subsidiary expenses 8,668,494
8,898,088
Other revenues Total revenues
352,942
$ 73,954,031
$ 65,949,872
Other expenses
743,646
717,989
37,335,195
34,165,422
Changes in net assets 36,618,836
31,784,450
Total expenses
Net assets - beginning of year 417,368,140 385,583,690 Net assets - end of year
$ 453,986,976
$ 417,368,140
Foundation Report • 13
ENDOWMENT PERFORMANCE
Endowment Asset Allocation As of June 30, 2013
FAST FACT
Ohio University was ranked the second-best university in the nation in providing students the “Best Bang for Their Buck” by PolicyMic.com.
The endowment portfolio is professionally managed, with the long-term objective of producing real growth in excess of the spending policy and inflation. The endowment is broadly diversified into equities, fixed income and alternative investments, including commodities, private equity and hedge funds, with a 75% allocation to equity-oriented investments and 25% to fixed income-oriented investments. This allocation provides the opportunity for high risk-adjusted returns. 5%
Asset Class 10%
Fixed Income
18%
U.S. Equity International Equity
13%
Absolute Return
25%
Real Assets Private Equity
14 • Ohio University
29%
ENDOWMENT PORTFOLIO
Endowment Performance For periods ended June 30, 2013
Endowment History (in millions) The endowments that support Ohio University have grown by nearly $357 million (almost five fold) in the past 20 years. These endowed funds provide essential support for the University’s academic mission through scholarships for students, support for faculty research and creative activity, and resources for programs, partnerships, technology and facilities. $446.7
$311.9 FYE June 30, 2013 $173.9
$159.5
$90.1
1993
1998
2003
2008
2013
Five-Year
Three-Year
One-Year
OHIO Return
4.60 %
9.94% 11.85%
NACUBO Return*
4.00 % 10.20% 11.70%
*Represents the average nominal rate of return, as reported in the National Association of College and University Business Officers (NACUBO) - Commonfund Study of Endowments.
Foundation Report • 15
ENDOWMENT APPROPRIATIONS
Endowment appropriations by purpose Made available for the fiscal years ended June 30, 2014, 2013 and 2012 Endowment earnings are authorized for expenditure based on the endowment’s average market value for the trailing 36 months. For fiscal years 2012, 2013 and 2014, the spending rate was 4% for endowed accounts whose market value exceeded the historic gift value. Occasionally, due to a downturn in the investment market, an account’s market value may temporarily fall below its historic value. When this occurs, the endowed account is “underwater.” The spending rate for underwater endowments is 1%. Academic and institutional support
2014
2013
$ 1,339,824
$ 1,208,716
2012 $ 536,809
Instruction and research 7,621,426 6,388,199 6,220,640 Intercollegiate athletics
66,943
53,088
47,843
Student aid 4,030,411 3,269,711 2,931,212 Other purposes Total endowment appropriations
190,727
$13,249,331
158,664
$11,078,378
215,579
$ 9,952,083
Note: Includes Ohio University and Ohio University Foundation endowment spending allocations. 2014 figures represent endowment appropriations through Dec. 31, 2013, and are unaudited.
16 • Ohio University
Integrity, civility, and diversity define our community: these values guide our leadership in a global society. -An Ohio University Core Value
FISCAL 2013 CAMPAIGN PROGRESS
The Promise Lives Campaign as of June 30, 2013
Fiscal year attainment by designation purpose Fiscal 2013
O
hio University was founded on a promise. Established in 1804 as the first institution of higher learning in Ohio, our founders recognized the importance of education. More than 200 years later, that vision remains strong. In fiscal 2013, Ohio University entered in the final phase of The Promise Lives Campaign. This effort seeks to raise $450 million in support of students, faculty, programs, outreach and select facilities by June 30, 2015. The Campaign is focused on providing key resources to support our priorities of program excellence, increasing access to an Ohio University education, caring for our infrastructure and securing our future as a place of promise for students in generations to come. Each day, the promise of Ohio University gathers new strength. Donors have added their strength to our promise by investing in a vision that began in 1804.
The promise lives in you.
$427 million toward our goal of
The lion’s share of the Campaign gifts in fiscal 2013 were in support of OHIO’s students—through scholarships and other types of Student Aid. Significant support for academic units and for our faculty also was received.
Purpose Attainment Academic Divisions $ 3,723,094 Athletics
$ 2,582,271
Faculty and Staff
$ 1,607,261
Library
$ 225,7a20
Other Restricted
$ 1,230,309
Physical Plant
$ 1,089,612
Property
$ 5,747,024
Public Service
$ 1,125,439
Research
$ 460,286
Student Aid
$ 7,962,340
Unrestricted
$ 2,070,053
7%
13% 9%
29%
4%
6% 4% 4%
1%
21%
2%
$450 million
Foundation Report • 17
CAMPAIGN PROGRESS
Campaign Attainment by Restriction Total Fiscal 2008-2013
Total Campaign Attainment by Fiscal Year Fiscal 2008-2013
OHIO’s endowment has grown to more than $446 million. Gifts to The Promise Lives Campaign have played a tremendous role in this endowment growth.
Select gifts received prior to July 1, 2007, are included in The Promise Lives Campaign. These include transformational gifts from the Osteopathic Heritage Foundations, which named the Heritage Clinical Training and Assessment Center and Community Clinic as well from the Scripps Howard Foundation, which named the Scripps College of Communication.
25% 46%
Restriction Attainment Capital
$ 108,172,034
29%
Current Operations $ 124,563,890 Endowment
$ 194,410,786
Campaign Attainment by Restriction Fiscal 2013
21%
Restriction Attainment
35%
Year
Attainment
Pre-2008
$ 25,250,000
2008
$ 88,600,347
2009
$ 46,639,408
2010
$ 52,162,349
Current Operations $ 12,298,184
2011
$ 131,132,635
Endowment
2012
$ 55,538,560
2013
$ 27,823,410
Capital
18 • Ohio University
$ $
5,747,024 9,778,202
44%
pre08 08
09
10
11
12
13
CAMPAIGN PROGRESS
Campaign Attainment by Fiscal Year Less Transformational Gifts Fiscal 2008-2013 Annual Campaign progress is strong, even when removing transformational gifts like: $114 million toward the Campaign (total gift: $124 million) from Fritz J. and Dolores H. Russ; $105 million to OU-HCOM from the Osteopathic Heritage Foundation; $41 million from Violet L. Patton to name The Gladys W. and David H. Patton College of Education and to establish the Violet L. Patton Center for Arts Education; and $10 million toward the Campaign (total gift: $15 million) from the Scripps Howard Foundation for the Scripps College of Communication.
Year
Attainment
Pre-2008
$ 15,250,000
2008
$ 30,403,795
2009
$ 21,431,719
2010
$ 10,735,811
2011
$ 26,806,346
2012
$ 26,130,221
2013
$ 27,855,950
pre08 08
09
10
11
12
FAST FACT
There are more than 4,000 students in OHIO’s 2013-14 freshman class, growing total enrollment to 38,297.
13
Foundation Report • 19
CAMPAIGN PROGRESS
Total Campaign attainment by designation purpose Fiscal 2008-2013
Total Campaign attainment by donor type Fiscal 2008-2013
Support for Ohio University’s academic mission as been strong during The Promise Lives Campaign. More than $230 million has been committed in support of the University’s campuses, colleges, centers, schools, and departments.
Ohio University alumni remain the single largest source of private gifts to The Ohio University Foundation. With nearly $225 million committed during The Promise Lives Campaign alone, OHIO alumni demonstrate their commitment to alma mater every day. Gifts from foundations, corporations, other organizations, and from our friends also have a tremendous influence on the future of Ohio University.
Purpose Attainment
0%
Academic Divisions $ 152,995,913 Athletics
$ 8,247,807
Faculty and Staff
$ 67,659,193
Library
$ 2,795,687
Other Restricted
$ 8,993,288
Physical Plant
$ 5,399,003
Property
$ 108,161,839
Public Service
$ 5,293,608
Research
$ 7,059,900
Student Aid
$ 54,797,654
Unrestricted
$ 5,742,819
2% 1%
13% 37% Donor Type 26% 16% 2% 0%
20 • Ohio University
5%
5%
2% 1%
Attainment
Alumni
$ 224,569,069
Corporations
$ 13,085,020
Foundations
$ 149,851,553
Organizations
$ 19,742,721
Other Individuals
$ 19,898,347
35%
52%
3%
CAMPAIGN STEERING COMMITTEE
Charles “Chuck” Stuckey Jr., BSME ’66, Chair Ft. Meyers, Fla. David A. Wolfort, AB ’74 ViceChair Bedford Heights, Ohio
Dr. Jeffrey Allan Stanley, DO ’82 Solon, Ohio Barbara Strom Thompson, AB ’76 Bethesda, Md. Robert “Bob” Walter, BSME ’67 Columbus, Ohio
Laura Brege, BBA ’78, AB ’78 San Francisco, Calif. C. Daniel “Dan” DeLawder, BSEd ’71 Newark, Ohio Frank Krasovec, BBA ’65, MBA ’66 Austin, Tx. Sheila Rowan McHale, AB ’68 Cleveland, Ohio Steven Schoonover, BFA ’67 Shreveport, La.
Foundation Report • 21
FOUNDATION BOARD OF TRUSTEES
Laura A. Brege ’78; Chair San Francisco, Calif.
George A. Carroll Jr. ’69 St. Clairsville, Ohio
Roderick J. McDavis ’70 Athens, Ohio
Dr. Jeffrey A. Stanley ’82 Solon, Ohio
J. Patrick Campbell ’71; Vice Chair Potomac, Md.
Norman E. “Ned” Dewire ’58 Powell, Ohio
Lawrence E. McHale Cleveland, Ohio
Frank B. Stevens ’74 Santa Ana, Calf.
Perry A. Sook ’80; Vice Chair Flower Mound, Tx.
James D. Edwards ’70 Westerville, Ohio
Gary G. Nakamoto ’88 Great Falls, Va.
Peggy Viehweger ’71 Chicago, Ill.
Steven L. Schoonover ’67; Secretary Shreveport, La.
Alex J. Garcia Jr. ’69 Highland Heights, Ohio
William T. Newman Jr. ’72 Arlington, Va.
Ty M. Votaw ’84 Ponte Vedra, Fla.
J. Bryan Benchoff; President & CEO Athens, Ohio
Joseph Hamrock Westerville, Ohio
Charles L. Patton Jr. ’72 Cleveland, Ohio
Byron L. Ward, ’89 Somerset, N.J.
Stephen Golding; Treasurer & CFO Athens, Ohio
Beverly E. Jones ’69 ’75 Sperryville, Va.
David W. Pidwell ’69 ’70 Portola Valley, Calif.
Thomas B. Weihe ’61 Dublin, Ohio
Patricia (Pat) A. Ackerman ’66 Richmond Heights, Ohio
Wilfred R. Konneker ’43 St. Louis, Mo.
I. Robert Rudy ’74 Oakland, Md.
E. John Wolfzorn Daniel Island, S.C.
Susan J. Ackerman ’73 Sarasota, Fla.
Thomas Kostohryz ’72 ’74 ’77 Athens, Ohio
Raymond E. Schilderink ’72 Cincinnati, Ohio
Charles W. Beck Jr. ’62 Los Angeles, Calif.
Dr. KB Lake ’92 New Albany, Ohio
Dave Scholl ’81 Mason, Ohio
To view a listing of Campaign donors of $10,000 or more, visit www.ohio.edu/foundation
R. Emmett Boyle ’70 St. Clairsville, Ohio
Julie Mann ’02 Charlotte, N.C.
Janice (Jan) L. Scites ’71 Basking Ridge, N.J.
22 • Ohio University
Winslow Homer (1836—1910) Gloucester Boys, 1880 Watercolor and pencil Gift in memory of John B. Gerlach by his family.
Colophon Jennifer Bowie Cadice Casto Karoline Lane Sarah McDowell Joe Pauwels Kelee Riesbeck Cheri Russo Ben Siegel
McGuffey Hall • Athens, Ohio 45701 T: 740.593.2636 • F: 740.593.1432 • giving@ohio.edu