PBRF: Schlieder Briefing

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The Edward G. Schlieder The Edward G. Schlieder Educational Foundation Educational Foundation Executive

Briefing Executive Briefing

Friday, April 19, 2024 | 12 PM

Participants

Pennington Biomedical

Dr. John Kirwan, Executive Director, Pennington Biomedical Research Center (PBRC)

Bri Barrett, Chief Development Officer, Pennington Biomedical Research Foundation (PBRF)

Edward G. Schlieder Educational Foundation

Elizabeth “Betsy” Nalty, Director and President

Robert Edgecombe, Executive Secretary and Consultant

Objectives of the Meeting

Steward previous support.

Share an update on the equipment secured with funding from the Edward G. Schlieder Educational Foundation.

Chris Axelrod recently shared that 2 additional RO1 level grants were submitted to use the new instruments in the mitochondrial phenotyping facility.

Additionally, a doctoral student was awarded F31 funding from the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) which will make use of the equipment.

Cultivate the relationship for future giving.

Provide updates on Pennington Biomedical Research Center activities.

Discuss the potential Tulane connections.

Event Details Event Details

Date and Time

Friday, April 19, 2024 12 PM

Location

Ralph’sonthePark 900 City Park Avenue New Orleans, Louisiana 70119

Arrival and Parking

Bri Barrett and Dr. John Kirwan will drive separately to the meeting location.

Self-parking is available in a free, private parking lot behind Ralph’s on the Park at Dumaine and North Alexander streets.

*Ample parking is also available along City ParkAvenue.*

Format and Attire

Format: Lunch

Attire: Business Professional

Background of The Edward G. Schlieder Educational Foundation

Organization Summary

The Edward G. Schlieder Educational Foundation is an independent foundation based in New Orleans, Louisiana. Its primary focus is to support educational institutions in Louisiana, particularly those involved in biomedical research.

The Edward G. Schlieder Educational Foundation ONLY funds educational institutions in Louisiana and typically only supports capital projects but has also funded equipment to many colleges and universities. They typically DO NOT fund equipment maintenance costs, salaries, or programmatic support.

Organization Background

Key Facts

A Louisiana native, Edward G. Schlieder (died 1948) was a successful businessman in New Orleans. He endeavored to support educational initiatives and sought little recognition for his efforts. He loved nature and loved to hunt. Mr. Schlieder never married and had no heirs.

In 1944, the Edward G. Schlieder Educational Foundation was established as a modest organization that has since grown to a sizeable and reputable institution.

Mrs. Elizabeth “Betsy” Nalty currently serves as the President of the Edward G. Schlieder Educational Foundation.

Betsy became involved with the Edward G. Schlieder Educational Foundation through her late husband, Donald Nalty. Donald Nalty was a banker with Hibernia National Bank (now Capital One) in New Orleans and served as President of the Edward G. Schlieder Educational Foundation until the early 2000s.

Allen Copping, President of the Louisiana State University System introduced Donald Nalty to the Pennington Biomedical Research Center (PBRC) and its mission and programs. Mr. Nalty, in turn, garnered support for the PBRC through both Hibernia Bank and the Edward G. Schlieder Educational Foundation. Copping worked with Mr. Nalty to establish an Endowed Chair at the PBRC that was funded between the 2 entities.

Employees and Employees and Officers Officers

Elizabeth “Betsy” Nalty Director and President

Laura Shields Director and Treasurer

Thomas Westfeldt Director and Vice President

John Waid Director and Secretary

Robert Edgecome, III Executive Secretary and Consultant

Shelby Westfeldt Mills Director

The Edward G. Schlieder Educational Foundation respectfully requests that no form of public recognition be given in connection with grants. They have allowed us to share stories of the impact of their giving on a case-by-case basis.

Background of The Edward G. Schlieder Educational Foundation

Recent Activity

In November 2023, Denise Flock-Williams, Grant Writer at PBRF, and Bri Barrett, Chief Development Officer at PBRF, provided a brief stewardship report to Robert Edgecombe, III, via email. This report included an update and images of the equipment purchased with the most recent funding support from the Edward G. Schlieder Educational Foundation.

In April 2023, Ritchie Goebel, then Senior Director of Development at the PBRF, took Chris Morrison, PhD, of the PBRC, to meet Betsy Nalty and Robert Edgecombe, III, for lunch in New Orleans to thank them for their past support. They were grateful for the meeting and were very impressed with Dr. Morrison.

In February 2023, Goebel and Dr. Kirwan met Mrs. Nalty over lunch in New Orleans. She reiterated her support of Pennington Biomedical and indicated that we should work closely with Edgecombe on future initiatives while keeping her in the loop.

In 2022, the Edward G. Schlieder Educational Foundation gave the PBRC $585,000 for the acquisitionofresearchequipmentaftercontactingthe PBRF requesting a proposal. Those funds secured the followingequipment:

2 Oroboros NextGen-O2k all-in-ones:

The complete experimental system for high-resolution fluorespirometry, redox biology and PhotoBiology allows for simultaneous monitoring of oxygen consumption together with either Coenzyme Q redox state, NAD(P)H redox state, cyclic voltammetry, H2O2 production (AmR), mtmembrane potential (TMRM, Safranin and Rhodamine 123), Ca2+uptake capacity(CaG),ATPproduction(MgG)orphotobiologymeasurements.

Illumina NextSeq 2000 Sequencing system:

This is an integrated system for automated generation of DNA clonal clusters by bridge amplification, sequencing, primary analysis, and secondary analysis. This sequencing system will be housed in the Genomics Core and represents an upgrade of our existing Illumina NextSeq500.

ABI QuantStudio Quantitative PCR (qPCR):

The requested QuantStudio qPCR device will also be housed in the Genomics Core. Quantitative PCR is the gold standard methodology for measuringgeneexpression.

In 2021, the Edward G. Schlieder Educational Foundation gave the PBRC $343,720 for the acquisition of additional research equipment.

Financials Financials

Total assets are listed at more than $56 million.

The Foundation is planned to be dissolved in 2044, at which point all the assets will be given away to priority institutions.

In the most recent year on public record (2021), The Edward G. Schlieder Educational Foundation awarded $3,246,320 to the following institutions:

Isidore Newman School: $200,000

STAIR: $20,000

Trinity Episcopal School: $500,000

Tulane: $750,000

University of New Orleans: $150,000

Stuart Hall School for Boys: $75,000

Louise S. McGehee School: $200,000

Academy of Sacred Heart: $250,000

Centenary College: $500,000

Ben Franklin High School: $100,000

Holy Cross School: $100,000

LSU (PBRC Equipment): $343,720

St. Paul’s Episcopal School: $57,600

Background of The Edward G. Schlieder Educational Foundation

Individual Biographies

Mrs. Elizabeth “Betsy” Nalty

Role:

Email:

President of The Edward G. Schlieder Educational Foundation

betsdon1@cox.net

Background

A New Orleans native, Betsy Nalty received an education at the Louise S. McGehee School, finishing in 1960 and is a lifetime member of the school’s Board of Directors.

Mrs. Nalty is committed to the advancement of healthcare and the arts as evidenced by her leadership and involvement in several organizations including serving as a member of the Pennington Biomedical Research Foundation’s Board of Directors (2005-2014) and the Board of Governors for the Tulane University Health Sciences Center, in addition to being actively involved in board activities for Ochsner Pediatrics, the Hermann-Grima/Gallier Historic Houses, the Ogden Museum of Southern Art, the Junior League of New Orleans, and the Greater New Orleans Foundation.

Mrs. Nalty’s first husband, the late Donald Nalty, served as the President of the Edward G. Schlieder Educational Foundation until 1998, when Betsy assumed the role. He served on the Board of Directors of the Pennington Biomedical Research Foundation from 1998 until his death in 2003. Donald Nalty suffered from medical trauma caused by Parkinson’s Disease and then Lewy body dementia.

Betsy Nalty has four children (Donald, Morgan, Helen, and Elizabeth) and nine grandchildren. Her granddaughter, Abby (Morgan Nalty’s daughter), was killed in an ATV accident in 2010 when she was just 11 years old. After Abby’s death, the Nalty family donated to help the New Orleans Children Hospital purchase a helicopter that was eventually named, “Abby.”

Betsy Nalty personally gave to PBRF annually between 2005-2014 with a lifetime giving of $2,900. Her last personal gift to PBRF was 12/4/2014.

She has maintained a strong involvement in providing funding to PBRC through the Edward G. Schleider Educational Foundation.

Other giving interests:

Mount Vernon Ladies Association Union: $1,000-$4,999

National Society of Colonial Dames: $100-$499

New Orleans Museum of Art: $1,500+

Greater New Orleans Foundation: $1,000-$2,499

Touro Infirmary Foundation: Unspecified

Tulane University: $500,000-$999,999

Recognition Recognition

Young Leadership Council, Role Model

Garden Club of America Zone IX, Creative Leadership Award

Junior League of New Orleans, Sustainer Award

Institute for Higher Understanding, Ten Outstanding Persons

St. Elizabeth’s Guild, Beautiful Activist Financials

Estimated net worth: $2 million - $4.99 million

Background of The Edward G. Schlieder Educational Foundation

Individual Biographies

Mr. Robert Edgecombe, III

Role:

Email:

Consultant at the Edward G. Schlieder Educational Foundation

Senior Director at Alvarez & Marsal egsef@msn.com

Background

With more than 12 years of experience, Robert has had a successful career as an urban planner with expertise on the impact of environmental contamination and natural disasters on real estate and commercial markets.

Early in his career, he taught math for two years with Teach for America in Laveen, Arizona. After teaching, he worked as a Recovery Planner and Project Manager at GCR & Associates in New Orleans, LA focusing on the impact of Hurricane Katrina. In 2009 and 2010, Robert was the Director of Data Management and School Director for Teach for America in Phoenix, Arizona before returning to GCR & Associates in New Orleans.

In 2017, Robert joined Alvarez & Marsal Disputes and Investigations in Birmingham and New Orleans, where he currently serves as a Senior Director in the firm’s Real Estate and Environmental Economics practice.

Robert Edgecombe, III is related to Betsy Nalty. She is likely his aunt as Betsy’s mother’s obituary lists him as a grandson.

Philanthropic Philanthropic Background Background

Edgecombe gives $500-$1200 annually to Montreat Conference Center Foundation (North Carolina)

Education Education

Undergraduate

B.A. in History from Rhodes College in Memphis, TN

Graduate

M.B.A. from Tulane University in New Orleans, LA

M.R.P. from University of North Carolina at Chapel Hill, NC

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