2022 EIU Foundation Annual Report

2022 FOUNDATION ANNUAL REPORT IT’S A GOOD DAY TO BE A PANTHER.

TA B L E O F C O N T E N T S

IT’S GOOD DAY TO BE A PANTHER. Any day we can continue supporting the goals of the University, and the goals of its faculty, staff, and students is a good day. It is only thanks to the generous gifts provided by EIU donors, alums and friends of the University that we can continue this lofty pursuit.

Thanks to you, today is a good day to be a Panther.

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2022 EIU FOUNDATION REPORT

COVER PHOTO The fall foliage came and went at the same rate it always does on and around EIU’s campus - too quickly.

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TABLE OF CONTENTS A NOTE FROM THE VICE PRESIDENT Message from the Vice President for University Advancement & Executive Officer of the EIU Foundation Ken Wetstein

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Where Your Gifts Go

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TRANSFORMING LIVES

Marrying Opportunity and Generosity at a Young Age

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Equity and Inclusivity Embolden Scholarship Endeavors at EIU

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EIU Celebrates a Legacy of Philanthropy

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STUDENT STORIES Scholarship Recipients

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PLANNED GIVING, RECOGNITION EIU Chapter of Lambda Chi Alpha Celebrates 45th Anniversary

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Heritage Society Members Recognized at Homecoming

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EIU FOUNDATION BOARD OF DIRECTORS Message from the New EIU Foundation President

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Board Welcomes New Members and President

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FINANCIALS: WHAT IT ALL MEANS EIUF Financial Report

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• EIUF Financial Statements & Independent Auditor’s Report • Form 990 (Return of Organization Exempt From Income Tax) EIUF Endowment Performance Report

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MISSION STATEMENT

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2022 EIU FOUNDATION REPORT

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A NOTE FROM THE VICE PRESIDENT

A NOTE FROM THE VICE PRESIDENT Dr. Ken Wetstein Vice President for University Advancement & Executive Officer of the EIU Foundation

Greetings Friends, Alumni, and Donors, I recently read an article that encouraged its readers to develop an “Attitude of Gratitude.” The author expounded that “an attitude of gratitude means making the conscious habit of expressing appreciation on a regular basis for big and small things alike.” I think that is the perfect sentiment to express—we are GRATEFUL for each and every one of you and for your sustained support of this University we love so dearly!

This annual report from the EIU Foundation highlights the wonderful philanthropy and generosity of EIU’s alumni, donors, and friends during the 2021-2022 fiscal year. As we transitioned from a global pandemic to the re-opening of our world, I am happy to share that this has been the best year on record for gifts to the EIU Foundation in the University’s history. I attribute that success to the hard work of the University Advancement team (past and present), the visionary generosity of our donors, and the University’s fantastic trajectory of growth and momentum.

EIU President David Glassman is the author of so much of this success. His steady leadership has guided EIU through our state’s unprecedented budget impasse (2015-2017) and the unique challenges of a global pandemic (2020-2021). In his eight-year tenure the University has experienced consistent enrollment growth, a steadily improving academic profile for the freshman class, and record numbers of international students and honors-eligible students. EIU is stable, growing, and wellpositioned for further growth and improvement. As Dr. Glassman moves to his retirement at the end of June 2023, it is only right to express GRATITUDE for his leadership and commitment to EIU and its students.

Words cannot fully express the gratitude we feel to each of you who are investing in Eastern Illinois University. This is a special University with a special family of alumni, donors, and friends. I consider it a great privilege to cultivate support on behalf of EIU—Thank you so much for all the big and small things you do for EIU every day!

In Gratitude,

Ken Wetstein Vice President for University Advancement and Executive Officer of the EIU Foundation

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2022 EIU FOUNDATION REPORT

WHERE YOUR GIFTS GO THE ACTIONS OF EVERY DONOR MATTERS, AND EVERY GIFT MAKES A DIFFERENCE.

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Total Number of Documented Planned Gift Commitments recorded as of June 30, 2022.

$489,147.52 for University Capital Projects

$3,114,141.11 for the EIU Foundation Endowment

722

Total number of endowments established through the EIU Foundation as of June 30, 2022.

$40,821,084

Total Value of Documented Planned Gift Commitments as of June 30, 2022.

$7,467,802.07 VALUE OF CASH GIFTS RECEIPTED

4531 Total Donors

$3,864,513.44 for University Operating Costs

Information above describes cumulative gifts from July 1, 2021 through June 30, 2022.

2022 EIU FOUNDATION REPORT

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TRANSFORMING LIVES

MARRYING OPPORTUNITY AND GENEROSITY AT A YOUNG AGE

GURICK ESTABLISHES AN ENDOWED SCHOLARSHIP AND ENCOURAGES OTHERS TO EXPLORE THE BENEFITS OF GIVING TO EIU. Mitchell Gurick is a pioneer in many senses of the word.

“People Partners,” Gurick explains, are an integral

employee of Google’s human resources “People Partner”

every aspect of the business—acting as thought leaders

Currently living in San Francisco, Gurick is an eight-year leadership team.

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2022 EIU FOUNDATION REPORT

part of the Leadership team who need to understand regarding people and organizational topics.

“Our team helps

“There’s a need to reward people for their outstanding

resolve global complex

performances, and it corresponds with our basic human

organizational challenges

desire to do good and to be recognized for doing good,”

through people-related

he says. “There is so much potential waiting to be tapped,

solutions,” he explains. “We

and giving to EIU is a way to give bright-eyed, eager

partner with leaders across

students that opportunity to succeed and then to pass that

the organization to create a

legacy of accomplishment along to others.”

‘people strategy’ that brings

Mitchell Gurick

cross-functional groups

Gurick was initially drawn to EIU because it had a business

of subject matter experts

education major he was deeply interested in. But it was

together to do just that.

when he began living and learning on campus day-to-day

Together, they help to design

as a student—that’s when he says he really discovered

and execute the strategy for how Google hires, onboards,

EIU’s impact through the relationships he made with faculty

develops, motivates, retains, and organizes talent.”

members and friends he made on campus.

That intersectionality of collaboration and skilled training, Gurick says, are foundational elements he learned at EIU. For Gurick, that’s why EIU has left such an impression on him, and on his affinity for celebrating meaningful and

Based on his experience at Eastern and coupled with the opportunities EIU offered him, Gurick’s decision to “pay it forward” is one he stands by, and one he encourages others who found success at or after EIU to explore.

productive relationships.

“My Career and Technical Education major at Eastern took me on a journey far beyond business—it taught me to glean insights into and the power of education in giving back and helping others grow,” he says.

“Through it all,” he says, “it’s important to remember your roots. All of us have to remember the foundation that EIU provided. Many of my closest friends at EIU have a really strong urge to give back to the university. The people who attend and eventually graduate from EIU are good people, and eager to make a difference for others knowing how

Learning how to share information and ideas effectively,

Eastern helped us all to grow and thrive.”

even when those ideas were complex—that was a mainstay of my EIU education and why I’m so passionate about

“I’d encourage all my friends and associates to support

giving back to the University today,” Gurick says.

Eastern Illinois University through the Foundation, through gifts that support student ambitions or even through

In fact, Gurick’s focus on helping others achieve their

volunteering,” Gurick adds. “It’s a wonderful cause and

goals is a staple of his personal constitution. He began

helping others to succeed is one of the best ways to feel

meeting fellow EIU students’ needs as early as 2013, when

good about our own personal ties to EIU and in a global,

as a young EIU student himself he started the “Mitchell

interconnected world.”

Gurick Student Trustee Scholarship” for students who demonstrate a strong academic record and leadership skills inside and outside the classroom.

MAKE A GIFT TODAY To make a gift to the EIU Foundation or learn about volunteer opportunities, go to eiu.edu/advancement/ how-to-give.php or call (866) 581-3313.

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TRANSFORMING LIVES

EQUITY AND INCLUSIVITY EMBOLDEN SCHOLARSHIP ENDEAVORS AT EIU

JACK PULLEN AND JIMMIE FRANKLIN PAY TRIBUTE TO DEAN JAMES JOHNSON AND FUTURE EIU LEADERS WITH RESOLUTE SUPPORT OF THE DEAN JAMES E. JOHNSON SCHOLARSHIP Anyone would be intrigued to have a conversation with

president of the Charleston Chamber of Commerce and

Elmer “Jack” Pullen and Jimmie Franklin. Their experiences

Eastern’s Alumni Association. He was also a member of the

at EIU in the 1960s and 70s laid the foundation for the

Charleston Kiwanis Club. During his 21 years at Eastern, he

type of men—and the type of visionary leaders—that set a

has served more than 400,000 students, whom he made a

remarkable example for EIU affiliates who truly wish to make

priority at every turn.

a difference in the world.

But they owe it all, they say, to one man in particular.

Assistant Dean of Student Personnel Services James Johnson was a staple at EIU from 1970 until his retirement

When Pullen first came to EIU as a student in the fall of

in 1991—and beyond. A New York City native, Johnson

1967, there were only 37 black students enrolled at EIU.

joined EIU as an administrator after graduating from the

At that time, EIU’s Governmental Career Training program

University in 1952. He served EIU as supervisor of Eastern’s

was in high demand, and Dean Johnson was charged with

International Student Services Office and then-titled Afro-

recruiting additional students from across the State.

American Cultural Center. A vibrant and active member of the EIU and the local community, Johnson also served as

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Pullen and Franklin were so taken with Dean Johnson’s approach to student success and campus leadership, they worked to establish the Dean James E. Johnson Scholarship in his memory.

2022 EIU FOUNDATION REPORT

“Dean Johnson was a dynamic man with a contagious character, so before long we had students just clamoring to attend,” Pullen said. “But once enrolled, students needed to find approved housing to be eligible for financial aid.”

to grow even more interest in EIU after emerging from the 2020 pandemic.”

“Dean Johnson was a prototype of success and perseverance,” Franklin said. “The kind of person he

Dean Johnson stepped up again, working with Ona Norton

was and the experiences he created helped countless

and her husband Ken to assist students of color in securing

students care about education, and also instilled faith in a

off-campus housing in Charleston. Norton was a respected

democratic and equitable society. We’d love to make sure

member of the Charleston community, and was recently

those values continue to be upheld in his honor through

honored along with EIU’s first black graduate Zella Powell

this scholarship.”

(1910) with a September 2022 renaming of a residence on The Dean James E.

campus to “Powell-Norton Hall.”

Johnson Scholarship was “It was that kind of collaborative, ‘we’re all in this together’

established and endowed

mentality that made Dean Johnson the kind of person

in 2014 by family, friends,

he was,” added Dr. Jimmie Franklin, the Dean James E.

colleagues, and former

Johnson Scholarship cofounder along with Pullen and

students of James Johnson.

Francene Gilmer. Franklin is a former EIU Professor of

The purpose of the fund

History, (1970-86), Director of Faculty Research (1970-73)

is to memorialize the life

and EIU’s first Director of Affirmative Action (1973-75), while

and work of Dean James E.

Gilmer is a former student, earning a master’s degree in

Johnson.

Elmer “Jack” Pullen

education at EIU in 1980 before beginning a fulfilling career in higher education and public service.

As Jack and Jimmie have noted, Dean Johnson touched many lives in significant ways at EIU and in the surrounding

“[Dean Johnson] was a very outgoing person and touched

area, making him a fitting icon for the university and the

the lives of many students of all backgrounds, nationalities

region.

and races,” Franklin added. “He certainly was not one dimensional, and that was one of the driving forces for us

Over two decades, large

to honor him with this scholarship.”

numbers of students, faculty and staff, and people in the

Today, Pullen and Franklin are looking to enhance the legacy of Dean Johnson at EIU, and they hope to do so by further endowing the scholarship they created in his honor when it was first created.

“We all know an investment in higher education is an investment in our future,” Franklin said. “And an investment in the future of EIU’s students is an investment in the world we’re trying to create for ourselves, for our children, our grandchildren, and for the generations to come whose futures can benefit from EIU scholarships in ways we can’t even imagine.”

“Dean Johnson really instilled a faith and confidence in his students that they could overcome nearly any disadvantages they may have faced,” Pullen added.

“Scholarship opportunities help students to do just that

area were recipients of his gracious deeds, or were encouraged or uplifted by his ever-present smile and warm humanity.

Annually, the scholarship

Jimmie Franklin

created in his name and memory is awarded to a student of impeccable character who has well-defined academic goals and a broad interest in sports and recreation in American life.

If you are interested in supporting the Dean James E. Johnson Scholarship, or to make a gift to other areas, please contact Brian Silotto, Director of Development, at (217) 581-5045, or via email at bksilotto@eiu.edu.

while providing diversity for EIU’s student base and helping 2022 EIU FOUNDATION REPORT

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TRANSFORMING LIVES

EIU CELEBRATES A LEGACY OF PHILANTHROPY

EIU Foundation Honors Dr. Gail J. Richard and the Marjorie Davis Trust EIU career, Dr. Richard taught courses and provided diagnostic and treatment services in the SpeechLanguage-Hearing Clinic for a variety of individuals challenged by communication disorders. Her reputation for professional and service excellence attracted people and families from across the nation interested in receiving Dr. Richard’s personal touch and expert evaluation.

During her 14 years as chair of the Department of Communication Disorders and Sciences (CDS), she also helped to coordinate the Online Master’s Degree in DR. GAIL J. RICHARD

CDS, which enrolled its first class in 2012.

After her retirement, Dr. Richard returned to EIU to

At this year’s Tribute the Eastern Illinois University

establish and serve as the first director of Eastern’s

Foundation highlighted the lifelong contributions of

nationally-recognized Autism Center, which provided

celebrated EIU philanthropists Dr. Gail J. Richard and the

dedicated diagnostic services for individuals on the

late Marjorie and Paul Davis.

autism spectrum as early as 2014. She also established

DR. GAIL RICHARDS NAMED 2022 PHILANTHROPIST OF THE YEAR.

EIU’s Students with Autism Transitional Education Program (STEP) in 2015, which serves a diverse assortment of students with high-functioning Autism or Asperger’s Syndrome in their transition to college life at

Dr. Gail J. Richard joined a variety of distinguished

EIU. In addition, D. Richard initiated the annual Autism

guests, EIU supporters and fellow celebrants at

Conference and additional fundraising opportunities to

the October 2022 Tribute event to accept the

support the Autism Center at EIU.

EIU Foundation’s 2021 Burnham and Nancy Neal Outstanding Philanthropist Awards for her ongoing

She regularly presented on the topic of Autism Spectrum

contributions and enduring support.

Disorders across the United States and internationally, and has numerous publications in Autism, Syndromes,

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Dr. Richard graduated from EIU in 1977, earning a

and Language/Auditory Processing. Dr. Richard also

Master’s Degree in Speech Pathology and Audiology.

held a number of leadership positions in state and

She was then eager to join EIU’s esteemed faculty,

national organizations, including president of the

which she did in 1981. During the course of her storied

American Speech-Language-Hearing Association. Dr.

2022 EIU FOUNDATION REPORT

Richard was honored in 2004 as an EIU Alumni Association

Dr. Richard has devoted significant time and personal

Distinguished Alumnus Award Recipient and given an

financial resources in support of EIU’s CDS Department,

Honorary Lifetime Membership in the EIU Foundation in

Athletics and Autism Center at EIU. Through her efforts,

2017. She was initiated into the EIU Athletic Hall of Fame

countless individuals and families have benefited from

in 2016 for her profound impact and compassionate

life-changing diagnostic and treatment services. Dr.

involvement.

Richard’s dedication and leadership also propelled EIU to become a leading advocate of Autism awareness and a place of comfort and support for many local residents.

THE EIU FOUNDATION ALSO CELEBRATED THE LEGACY OF MARJORIE DAVIS AND PAUL DAVIS AT TRIBUTE 2022, POSTHUMOUSLY NAMED EIU’S 2021 OUTSTANDING PHILANTHROPISTS. Marjorie and Paul Davis set up the Marjorie Davis Trust to benefit the EIU Foundation and the many students the Foundation supports.

Marjorie was born in rural Windsor in 1929 and graduated from EIU in 1951 before teaching English for 24 years. She married Paul Davis in 1970, and they enjoyed 46 years of marriage before his passing in 2016.

She held professional memberships in Delta Kappa

The gift from the Marjorie Davis Trust resulted in an extremely significant bequest of $1.7 million in November 2021.

EIU’s Foundation is extremely grateful for Marjorie and Paul’s commitment to education and to the University and its Foundation. Chief Operating Officer of the EIU Foundation Jonathan McKenzie spoke to the importance of her planned gift, thanking the Davis family for their deep devotion to EIU.

Gamma, Honorary for Women Educators, KAUW and National Council of Teachers of English, for which she served as secretary for five years.

A lifelong educator, Marjorie recognized the importance of education—and more importantly, the students who benefit from a higher education at Eastern Illinois University.

Marjorie’s estate supported numerous bequests to educational institutions in addition to EIU. Her planned estate gift to Eastern matured following her passing on July 20, 2018.

The Philanthropist of the Year award is given to individuals and organizations who have demonstrated a sincere dedication and commitment to the financial, academic, and cultural well-being of EIU. The critical support and sustaining financial commitments provided by these distinguished philanthropists are essential to the future of the university and the students it serves.

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STUDENT STORIES

SCHOLARSHIP RECIPIENTS

Alumni donations, regardless of their size, can have a huge impact on the lives of EIU students. Here are a few testimonials from recent scholarship recipients supporting that thought.

GRACE FOSU MS TECHNOLOGY RECIPIENT OF THE CARL P. KOERNER JR. SCHOLARSHIP

in biological sciences and Spanish here in my hometown.

Eastern’s program is phenomenal, and the people who support it make it even more so.

I would like to use this opportunity

MICHAEL ARMAH MA HISTORY RECIPIENT OF THE CHARLES H. AND DOROTHEE COLEMAN SCHOLARSHIP

to say a very “big thank you” to the donor of this honorable scholarship.

The efforts and resources they put into this scholarship are commendable because recognition is a source of motivation to support students to achieve more.

The Charles H. and Dorothee Coleman Scholarship is a life changing

KYLE WILCOXON MA COMMUNICATION AND LEADERSHIP RECIPIENT OF THE JON J. HOPKINS MEMORIAL SPEECH EDUCATION SCHOLARSHIP I would like to thank the donor(s) that created this opportunity for me. I

experience and moment for anyone coming from a less privileged home to be able to hold their heads high and have a reason or a course to hope for the future. Their initiative reminds us of why we need to give back and also be an agent of change no matter what field one finds himself or herself in.

I’m genuinely thrilled and very grateful to be a benefactor of their initiative.

am blessed to have been chosen to receive it. Thank you for

JASMIN MARCOS EXERCISE SCIENCE RECIPIENT OF THE FLORENCE KAPLAN FOUNDATION ENDOWMENT

supporting me and other students like me at EIU. I hope you understand that this money will be put to good use. Thank you so much and I appreciate the kindness you show by providing this scholarship!

ANNA SIPES BIOLOGICAL SCIENCES AND WORLD LANGUAGES & CULTURES RECIPIENT OF THE S.L. NANDA MATH AND SCIENCE SCHOLARSHIP

I want to thank you for choosing me and for believing in me. You believed that I would accomplish my goal of being an athletic trainer.

Knowing that someone other than my family believes in me has given me this boost and pushed me to work harder on my studies and show that this scholarship is not wasted—it is put into capable hands.

Thank you so much for your

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generosity. I am honored and humbled to have been

I want to share the success and joy in my career with the

selected for the S.L. Nanda Mathematics and Science

people who love and believe in me. I want to share that joy

Scholarship. Having grown up in Charleston and graduated

with my donors most of all. I wish I could meet you in person

from Charleston High School, it is a unique experience to

and be able to shake your hand. Thank you again for the

have the opportunity to complete my undergraduate studies

opportunity of a lifetime.

2022 REPORT 2020 EIU EIUFOUNDATION FOUNDATION REPORT

Go to eiu.edu/scholarships for more information on these and other existing scholarships. Details on how to support EIU scholarships can be found at eiu.edu/advancement/how-to-give.php.

SEAN HAYNES MUSIC EDUCATION RECIPIENT OF THE GEORGE WESTCOTT BAND AWARD

major in accounting. I greatly appreciate your generosity. I admire the example of giving back to the community set by your organization’s members. I have a life goal of emulating this behavior in my future. Words cannot express how much I

Thank you for this award. It will allow

appreciate this scholarship and the opportunity to attend EIU

me to continue my schooling and

this fall. Thank you so much for your support!

make my dream come true. The support of band directors and professor’s past, along with

TARYN WILSON PRE-NURSING RECIPIENT OF THE DR. WILLIAM V. WEBER MINORITY AFFAIRS/ TRIO RETENTION FUND

professors and directors present and future, fill my heart with gratitude and love for music and teaching. Even now the idea of being considered “an outstanding musician” is somewhat of a dream to me. It is with great honor and unfathomable appreciation that I accept this award.

To the donors who created this fund— Bless your heart and everything you

ABIGAIL RITI PSYCHOLOGY RECIPIENT OF THE PRESIDENT DOUDNA MEMORIAL SCHOLARSHIP

have done to provide this scholarship for minority students such as myself and past recipients. Your compassion to donate to a scholarship is inspiring and I hope that I will be able to give back to other students and make an impact in their lives just as you did mine. Thank you so much and I will make sure I

I am deeply grateful and thankful for

excel in my studies.

the opportunity to meet expectations and perform for the EIU community. The money is going into my college career. It will also help me give back to the community through the mental therapy and assistance that I want to provide others in the future. The appreciation for

MICHAEL OTZWIRK GEOGRAPHY AND GEOLOGY RECIPIENT OF THE VINCENT P. AND PAMELA R. GUTOWSKI SCHOLARSHIP

being awarded this scholarship cannot be described with words because there are truly too many in the dictionary that I could say to express my explicit gratitude for such an honor.

I would like to say thank you for giving to our department and for helping me further my education. The professors I have had the privilege

RACHEL WISNER ACCOUNTING RECIPIENT OF THE BRANKEY SCHOLARSHIP I am very honored and grateful to have been selected for the Brankey Scholarship. This scholarship will help me defray costs as I attend Eastern Illinois University with a

to learn from over the past few years have shaped me in great ways. Their dedication has been a guidepost I strive to emulate. Thank you, also, for believing in me. I have a lot of work to do after college, but I promise it will be worthwhile.

I see our planet as a marvelous place, and it is my mission to protect its resources and its species to the best of my ability.

Environmental stewardship is my main goal. By donating this scholarship to me, you too have helped protect our natural world and I sincerely thank you for that.

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PLANNED GIVING, RECOGNITION

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2022 EIU FOUNDATION REPORT

EIU CHAPTER OF LAMBDA CHI ALPHA CELEBRATES 45TH ANNIVERSARY CHAPTER OFFICIALLY RECOGNIZED FOR THEIR EFFORTS IN SUPPORT OF THE EIU COMMUNITY

PICTURED ABOVE The first appearance of the Lambda Chi Alpha Fraternity in the EIU yearbook, The Warbler, was in 1976.

FRONT ROW Barry Kishpaugh, Dave Williams, Don Coplea, Chris Hladick, Ed Manade, Doug Seabolt. BACK ROW Michael Marine, Richard Kehoe, Ron Wilson, George Forgea, John Wescott, Chip Liczwek-Treas., Peter Matteucci-Pres., John Schmitt-Sec., Richard FunkAdv., Rich Holman, Joe Metzke, Rich Mitchell. Not pictured: Jim Hinze, Michael Hubbard.

The EIU Foundation Board recognized the Phi Alpha Zeta Chapter of Lambda Chi Alpha Fraternity on their 45th Anniversary in April 2022.

In recognition of their philanthropic support, EIU presented and adopted a resolution recognizing the Lambda Chi Alpha Fraternity during their 45th Anniversary Banquet. The fraternity has generously established the following endowed funds in support of the University and its students: + Jack Robert Kelly Scholarship + Lambda Chi Alpha Scholastic Incentive Scholarship + Lambda Chi Alpha House Improvement Fund + Lambda Chi Alpha Founders Alumni Scholarship

PICTURED ABOVE Lambda Chi Alpha founding member John Schmitt ‘76 ‘78 poses for a quick photo with current members.

+ Dennis Meehan Grannan Scholarship + John D. Schmitt Scholarship 2022 EIU FOUNDATION REPORT

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PLANNED GIVING, RECOGNITION

HERITAGE SOCIETY MEMBERS RECOGNIZED AT HOMECOMING The Eastern Illinois University Foundation’s Heritage Society honors and recognizes those who have made a planned gift to the EIU Foundation. It’s our way of thanking our donors now for their efforts to make Eastern Illinois University a better place in the future.

Dr. Mary Ann Hanner, Dr. David Glassman and Mr. Dale Hanner

Mrs. Cindra Stiff and Dr. David Glassman

Mr. Lalo Solis, Dr. David Glassman and Mr. Robert Glover

PICTURED ABOVE The EIU Foundation recently honored new members of the Heritage Society who were in attendance at this year’s homecoming with a special pinning ceremony held at the MLK Jr. University Union’s University Ballroom. New Heritage Society members were presented with a society pin; recognized for their commitment to support the University through planned gifts; and posed for a photo with EIU President David Glassman.

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2022 EIU FOUNDATION REPORT

The Heritage Society celebrates the generosity of donors who believe in transformational change for EIU. The following individuals join the Heritage Society members who have been recognized with this honor and distinction.

Col. Harvey L. Zimmerle

Mr. Dennis C. Muchmore

Mr. Kevin T. Piket

Mr. Norman K. Plummer

Dr. Jon M. Laible

Mr. Edward F. Taylor

Ms. Kathy E. Rhodes

Mr. Richard D. Leonatti

Dr. Margaret J. Weber

Mr. James M. Bradford

Ms. Teri J. Luecke

Mr. Rick L. Ingram

Dr. Lida G. Wall

Mr. James R. Andrews

Ms. Erin R. Feinstein

Ms. Nancy C. Douglas de Baca

Mrs. Georgeann Miller

Mr. Jeffrey G. Scott

Ms. Gina Garcia

Mr. Robert F. Glover

Dr. Charles A. Rohn

Mrs. C. J. Bradham

Mr. Michael L. Reynolds

Ms. Judy A. Ethell

Dr. Michael L. Hicks

Mr. Larry D. Penman

Mr. Michael C. Boyer

Mr. Robert P. Warner

Dr. Ray Hoops

Mr. Mike Yager

Mr. Paul L. Snyder

Ms. Christine E. Westerlund

Dr. Roger L. Yates

Mrs. Judy G. Peacock

Ms. Mary J. Quinn

Mrs. Karen J. Miller

Mrs. Patricia M. Meyerholtz

Mr. Perry R. Hall

Mr. Percy Hale Jr.

Mr. William C. Keiper

Dr. Charles G. Eberly

Mr. Phil D. Carlock

Mr. Randy Taylor

Mrs. Karen M. Rehwinkel

Dr. Gordon L. Grado

Mrs. Hilda J. Bandera

Mr. Robert L. Dowdy

Mrs. Kathryn E. Jones

Dr. Harold D. Nordin

Mrs. Julie L. McMillen

Mr. Ronald A. Bouchard

Mrs. Marilyn N. Miller

Dr. Mark A. Shatz

Mrs. Lori L. Sink

Mr. Ronald R. Robinson

Mrs. Mary Lou Gaskill

Dr. Ronald I. Sutliff

Mr. Ron D. Jeffris

Mr. Rustin S. Regentz

Ms. Amy R. Frank

Dr. Stephen Wilson

Mrs. Debbie M. Coleman

Mr. Sean M. Drendel

Ms. Anne K. Hofferkamp

Dr. William C. Hine

Mr. Steve W. Jasinski

Mr. Stephen L. Kull

Ms. Barbara E. Leonard

Dr. Annette Christy

Mr. Steve D. Hernandez

Mr. Stephen A. Gosselin

Ms. Barbara R. Roberts

Dr. Barbara A. Maier

Mrs. Vicki M. Shockley

Mr. Steve Shirar

Ms. Carol A. Richardson

Dr. Bill Wootton

Mr. Thomas R. Hoehn

Ms. Margaret A. Ansley

Ms. Debra M. Witges

Dr. Carol A. Lundgren

Mrs. Nancy C. Page

Mr. Victor F. Balasi

Ms. Delena G. Foster

Dr. Cheryl M. Crates

Mr. Al F. Longtin

Rev. Lynda R. Haring

Ms. Elaine L. Wagner

Dr. David J. Maurer

Mr. Al Corzine III

Mr. Bob Breving

Ms. Isolina-Maria Sanchez

Dr. Debra A. Reid

Mr. Arnold A. Aeschleman

Mr. Brad J. Green

Ms. Jan Reetz

Dr. Gary J. Robertson

Mr. Bob A. Ingram

Mr. Brian T. Foley

Ms. Jane A. Lockett

Dr. Helen J. Krehbiel

Mr. Bob Martin

Mr. Bruce A. Hunt

Ms. Jane A. Elmore

Dr. Herbert M. Lasky

Mr. Bradley C. Knell

Mr. Charles R. Casey

Ms. Janet E. Ernst

Dr. Jerry D. Heath

Mr. Brian E. Myerscough

Mr. Dennis M. Grannan

Ms. Joan M. Farwell-Sargent

Dr. John R. Willems

Ms. Susan L. Gilpin

Mr. Donald G. Dotzauer

Ms. Kevinetta C. O’Brien

Dr. Judith M. James

Ms. Marlys K. Fallen

Mr. Edmund S. Berchert Jr.

Ms. Lee A. Davies

Dr. Mary L. Coleman

Ms. Mary L. LaLonde

Mr. Garry J. Nelson

Ms. Leslie A. Wilson

Dr. Patricia S. Poulter

Ms. Sue E. Taylor

Mr. Gary R. Aldridge

Ms. Lisa J. Moore

Dr. Shirley B. Moore

Mr. Curt Leonard

Mr. Greydon A. Smith

Ms. Louise E. Boewe

Ms. Jean M. Galovich

Mr. David Kuhl

Mr. Jack R. Pine

Ms. Madeline C. Covi

Dr. Terrance C. Parks

Ms. Latanya M. Law

Mr. James C. Economy

Ms. Marilyn J. Gerdt

Dr. William V. Weber

Mr. Donald C. Ballou

Ms. Cindra K. Stiff

Ms. Marlene Brotherton

Egg E. Berry

Mr. Donald R. Hisgen

Mrs. Rhonda L. Edwards-Noggle

Ms. Maxine Cole

Dr. Ruth Dow

Mr. Everett M. Lawrence

Mr. Jeffrey M. Augustine

Ms. Rose Ann Sigborn

Dr. Mary Anne Hanner

Mr. Harry W. Frost

Mr. Jeremy R. Yost

Ms. Sara R. Coppernoll

Dr. Carol D. Stevens

Ms. Kathleen A. Eroh

Mr. Jerry C. Groniger

Ms. Sheila A. Westcott

Dr. Jill F. Nilsen

Mr. Jacob A. Griffin

Mr. John D. Schmitt

Ms. Sherri L. Faith

Mrs. Susan E. Peck

Ms. Jacqueline L. Mollet

Mr. John W. Shuppert

Ms. Shirley Zabka

Mr. Bill G. O’Rourke

Mr. Jeffrey P. Knezovich

Mr. Keith K. Kohanzo

Ms. Suzanne R. Baier

Mr. Bill Satterwhite

Mr. Jeffrey S. Hunt

Mr. Larry F. Uebner

Ms. Tamara L. Hascek

Mr. Cal L. Stockman

Mr. Jim Newkirk Jr.

Dr. Sandra Spalt-Fulte

Rodney W. Roosevelt, Ph.D.

Mr. Charles W. Huber

Mr. Joe R. Dively

Mr. Mel A. Rushton

Mr. Daniel W. Musser

Mr. Joshua K. Henry

Mr. Michael H. Chron

Mr. David Paddock

Mr. Justin T. Seno

Mr. Mitch Gurick 2022 EIU FOUNDATION REPORT

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MESSAGE FROM THE NEW EIU FOUNDATION PRESIDENT Dr. Gordon Grado, President Eastern Illinois University Foundation Board of Directors 2022-2023

Coming out of the COVID-19 pandemic, I would be remiss as the new Foundation President if I did not recognize the excellent work of the two proceeding Foundation Presidents, Dr. Jill Nilsen and Ms. Susan Young, the Foundation Board, and of course, President David Glassman, for the tireless work they all did for EIU. During this challenging time, they kept the Foundation on task and focused, building upon the “foundation” created in 1953 and strengthened by their predecessors. They helped Eastern survive the budget impasse and the additional financial challenges to the University. They supported President Dr. Glassman as he negotiated these unchartered waters, gaining recognition for EIU during this time.

TODAY. TOMORROW. TOGETHER. Today, Eastern remains dynamic, having risen like the Phoenix from these setbacks with the help of countless students, faculty, staff, administration, alums, and donors. So many EIU supporters all dedicated and committed to seeing EIU grow into the evolving tomorrow. The continued analysis and evaluation of today and tomorrow can best be expressed as “You can’t really know where you are going until you know where you have been.” (Maya Angelou, Jan. 9, 2021).

What is needed is a foundation made of personnel and support dedicated to the success of EIU by working together. For example, generous donors, the local medical community, and EIU have teamed together to introduce a new College of Nursing at Eastern.

This type of commitment will give back not only to the community, county, and the state of Illinois but nationwide.

This year (2022-2023) is extraordinary for EIU, not only for the successes made by the University, its faculty, students, and alums, but also in the works, achievements, and vision of its 12th President, Dr. David Glassman. He has announced his retirement at the end of this year. Let us all recognize and congratulate his work, commitment, and the outstanding contributions he has made to us together.

I am nearly a lifelong EIU supporter, having come to Charleston at the age of two as the son of a new faculty member and his wife, Dr. and Mrs. Louis Grado. The first years were spent living on campus in old army barracks for faculty parked on the shore of TC Lake (Teachers College Lake). I was enrolled and went through the Buzzard Laboratory School through ninth grade, returning to EIU for my undergraduate degree.

I am honored to have served as a member of the Eastern Illinois University Foundation Board and am now honored to serve as the President for 2022-2023.

I look forward to your continued generous support to help the Foundation promote the interest and welfare of the University in the present and future.

Thank you very much for your support of EIU! Dr. Gordon Grado, MD, DABR, FACRO, FACR, PhD (hc)

Gordon Grado President, Board of Directors 2022-2023 Eastern Illinois University Foundation

M A K E A N O N L I N E G I F T T O D AY AT E I U . E D U / G I V I N G . P H P.

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2022 EIU FOUNDATION REPORT

eiu.edu/advancement

EASTERN ILLINOIS UNIVERSITY FOUNDATION Founded in 1953 under the leadership and direction of H. Ogden Brainard, the Eastern Illinois

University Foundation has, since its inception, been dependent upon the generosity of its members to encourage and provide private support to the University, and to promote the ideals of volunteerism and philanthropy among alumni, friends and employees of the University.

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EIU FOUNDATION ELECTS NEW BOARD MEMBERS Two individuals have been added to the EIU Foundation’s Board of Directors for 2023—Mr. John Schmitt of Chicago, IL. and Ms. Bonita Tillman of St. Louis, MO. Dr. Gordon Grado of Scottsdale, AZ. will serve as President along with Vice President Dawn Johnson of Ballwin, MO.; Treasurer Kelvin Lane of Buffalo Grove, IL.; and Secretary Randall Wright of Houston, TX. Dr. Judith James, Dr. Charles Maris, and Dr. Jill Nilsen, all of Charleston, IL.; join Mr. Elmer Pullen of Brookport, IL.; and Ms. Susan Young of Mahomet, IL. to round out the board.

The Foundation Board of Directors governs the EIU Foundation, an independent nonprofit organization that provides EIU alumni, friends and advocates a means to invest in the University. Established in 1953, the EIU Foundation administers gifts in support of Eastern Illinois University’s institutional mission.

DR. GORDON GRADO, PRESIDENT SCOTTSDALE, ARIZONA

Gordon graduated from EIU in 1974 with a BS in Zoology. In 2006, he was named the Distinguished Alumnus by the EIU Alumni Association and in 2013, was awarded an honorary Doctor of Science from Eastern Illinois University. Gordon is the founder and Medical Director of Southwest Oncology Centers based in Scottsdale, Arizona with four other oncology centers throughout Arizona and with two affiliated centers in Mexico and two in Latin America. Before his private practice, he established and chaired the Radiation Therapy program at Mayo Clinic, Scottsdale and was the Wurtele Professor of Therapeutic Radiology and Oncology at the University of Minnesota where he developed the prostate brachytherapy program.

He has given hundreds of presentations worldwide and authored numerous peer-reviewed articles on the subject of oncology and prostate cancer. In June 2000, Governor Jane Hull of Arizona named him to serve on the Arizona Prostate Cancer Task Force. Gordon has worked with EIU lecturing health science students and developed a mentoring program for pre-medical students who fly to his Arizona Southwest Oncology Centers (and Mexico) where they work as interns for at least two weeks and have also worked on research projects.

Most recently, Gordon served on the board of Adelante Healthcare, which began as a program to provide health care to farm workers and now offers affordable healthcare throughout Maricopa County. He also provides support to St. Vincent de Paul and their clinics in Arizona.

MS. DAWN JOHNSON, VICE PRESIDENT BALLWIN, MISSOURI

Dawn graduated from EIU in 1983 with a Bachelor of Arts in journalism. She is a litigation lawyer at Greensfelder, Hemker, and Gale, P.C.—St. Louis, Missouri. As head of the firm’s Franchising and Distribution Industry Group, Dawn leads a team of transactional and litigation attorneys who represent clients nationally and internationally. Her practice focuses on all aspects of the dealer, distributor and franchisee relationship, including termination and non-renewal, claims under state and federal relationship laws and claims such as breach of contract, fraud, tortious interference, antitrust pricing, and trademark infringement.

Dawn has significant appellate experience and is co-leader of the appellate practice within the firm. She handles appeals and works closely with other trial lawyers in the firm to ensure that issues are properly

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2022 EIU FOUNDATION REPORT

preserved for appeal. Dawn has argued before the Missouri Supreme Court and the Missouri Court of Appeals, Eastern and Western Districts, the Illinois Court of Appeals and the U.S. Court of Appeals for the Eighth Circuit. Before attending law school, she was an award-winning reporter for the Herald & Review daily newspaper in Decatur, Illinois. After graduating from Washington University School of Law, she continued her writing experience as a law clerk to U.S. Magistrate Judge David D. Noce in the U.S. District Court, Eastern District of Missouri, from 1993 to 1997.

She is active within her community, having served on the Board of Directors for Safe Connections from 2015 to the present; College Summit Missouri Site Advisory Board, 2012-present, Chair, 2015-present; Gateway Legal Services, Inc., Board of Directors, 2008 to the present; and the Bar Association of Metropolitan St. Louis, Board of Governors, 2002-2004.

DR. KELVIN LANE, TREASURER BUFFALO GROVE, ILLINOIS

Kelvin graduated from EIU in 1979 with a Bachelor of Science in technology education. He was initiated into Alpha Phi Alpha Fraternity Incorporated while at EIU in the Spring of 1977. In 1988 he obtained a Master of Arts in computer teacher education from Governors State University. He graduated from Roosevelt University in 1993 with a Master of Arts in administration and supervision. He obtained his Doctorate from Loyola University in curriculum and instruction.

Much of his career was dedicated to high school administration. He started his education career in 1993 teaching industrial arts and then later computer technology in Wheeling, Illinois. His most recent role was the Coordinator of Student Discipline for the second-largest School District in Illinois, Elgin U46, from 2009 until retirement in 2014. Kelvin has dedicated his career to helping students reach their full potential regardless of learning style in a safe and nurturing environment. He continues to consult with school districts, focusing on student life and discipline.

MR. RANDY WRIGHT, SECRETARY HOUSTON, TEXAS

Randy graduated from EIU in 1970 with a Bachelor of Science degree in physics. After completing a master’s in business administration degree from Southern Illinois University at Edwardsville, Randy began a career in healthcare administration on the staff of the Southern Illinois University School of Medicine in Springfield. In 1979 he moved to Houston to work for The Methodist Hospital. Over a 20-year period at Methodist he held various leadership roles including Administrator for the Institute of Otorhinolaryngology, Vice President over the for-profit programs of the hospital and then Senior Vice President responsible for the Hospital’s Diagnostic and Therapeutic programs. In 2000, Randy moved to Texas Children’s Hospital, the nation’s largest children’s hospital. He served in many different executive roles at TCH including Chief Information Officer, Acting Chief Financial Officer, President of the Texas Children’s Health Plan, and interim Administrator of the Children’s Hospital of San Antonio. His major responsibility was as Executive Vice President and Chief Operating Officer and he retired from TCH in 2016.

Randy and his wife Brenda (Bachelor of Science in Education 1970) have strong ties to EIU and particularly the Physics Department. They created endowed scholarships honoring Dr. Glenn Q. Lefler, who was Department Chairman from 1950–1970 and for Dr. Bill Butler, who was Department Chairman from 1970–1987. Brenda and Randy, along with Dr. P. Scott Smith, a long-serving faculty member, provided a significant part of the funding for the development of an Observatory to support the Astronomy program.

2022 EIU FOUNDATION REPORT

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In 2004 Randy was awarded the honorary degree of Doctor of Public Service for his support of EIU. In 2016 he was recognized as a Distinguished Alumnus by the EIU Alumni Association. In 2017, Randy and his wife Brenda were honored by the EIU Foundation as Distinguished Philanthropist. Randy serves on the Children’s Hospital of San Antonio Foundation Board and the MD Anderson Cancer Center Board of Visitors.

DR. JUDITH JAMES CHARLESTON, ILLINOIS

Dr. Judith James, an accomplished retired EIU professor, began her journey teaching in the Zoology Department on a temporary basis, prior to completing her doctorate in 1987. After earning her Ph. D. in Genetics from Illinois State University, she taught a variety of genetics courses, ranging from “Heredity and Society” through the required genetics courses for majors and an honors and graduate course in Human Genetics. She served as PreMedical Studies Chair and University Personnel Committee Chair, as well as on the Faculty Senate, Intercollegiate Athletic Board, Student Health Advisory Board, and Library Advisory Board. Academically, she published various professional articles on developmental genetics, presenting her research at myriad national and professional meetings. In addition, Judith also served on the Board of Directors of the Central Association of Advisors for Health Professions for six years. Judith’s invaluable dedication to the EIU earned her two Faculty Excellence Awards. Her greatest passion was the major support she provided to autistic students and funds for graduate assistants and diagnostic tests for children. After a fulfilling career, including so many memorable and crucial contributions to EIU, she retired from the university in 2001.

DR. CHARLES MARIS CHARLESTON, ILLINOIS

Chuck earned his BS in Zoology with a Chemistry minor from EIU in 1971 and an MD from the University of Illinois College of Medicine in 1975. After medical school, he completed full residencies in General Surgery and Otolaryngology-Head & Neck Surgery. Chuck entered private practice in 1982 as a Sarah Bush Lincoln Medical Staff Member. During his tenure at Sarah Bush, he served in multiple medical staff positions which included service as Chief of Surgery and three terms as Medical Staff President. In 1996 Chuck became an associate of the Carle Clinic Association based in Urbana, IL. Chuck progressed through multiple medical administrative assignments. He retired from medical administration as Chief of Surgery and Medical Director of Surgical Services in 2014. During his career, he has served on the volunteer medical faculty of the UIUC College of Medicine and most recently with the Carle Illinois College of Medicine as a Clinical Assistant Professor. Dr. Maris is a Fellow of the American College of Surgeons and a Fellow of the American Academy of Otolaryngology-Head & Neck Surgery. He is a past member of the IL ACS Committee on Trauma and a State Faculty member for the ACS Advanced Trauma Life Support Course for Physicians. He was instrumental in bringing the ATLS Course to downstate IL acting as course director for the first ATLS courses at the Carle Level 1 Trauma Center. He served as a member of the Sarah Bush Lincoln Foundation and served as a physician member of the Carle Foundation Board of Directors.

Dr. Maris and his wife Karen are EIU Alumni Association Members and recently endowed a Scholarship for students enrolled in the new EIU Electrical Engineering Program. While an EIU undergraduate, Chuck was a founding member of the EIU Eta Mu Chapter of Sigma Chi. In July of this year, he was honored as a Significant Sig at the fraternity’s Grand Chapter meeting in Scottsdale, AZ. Chuck retired as a Colonel from the US Army Reserve in 2011 after 34 years of combined reserve and active-duty service. His most memorable assignments include mobilization to the Persian Gulf in 1990-91 as Assistant Chief of Surgery for the 159th MASH, four years as Command Surgeon of the 3rd COSCOM in Des Moines, IA, and four years of duty as the Command Surgeon for the 89th Regional Readiness Command in Wichita, KS.

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2022 EIU FOUNDATION REPORT

DR. JILL NILSEN CHARLESTON, ILLINOIS

Jill graduated from EIU in 1974 with a Bachelor of Science degree in speech pathology and audiology and a Master’s of Science degree in 1975. Jill was an EIU faculty member, Department Chair, Associate Dean of the Graduate School, and Vice President of External Relations before her retirement. Her contributions to EIU have been and continue to be extensive. During her time as Vice President, Jill restructured the EIU Development efforts so every college was an integral partner in EIU’s Development activities. She also created an endowment in the Department of Communication Disorders and Sciences that provides funding for graduate student research presentations.

Jill was recipient of the 2015 Outstanding Philanthropist award. She is an EIU Alumni Association Distinguished Alumna and a recipient of the Louis V. Hencken Service Award. She also served as a member of the College of Education and Professional Studies Philanthropy Board. Jill was formerly President of the CASA of East Central Illinois Board of Directors, and her service in other local agencies includes the Boards of the Sarah Bush Lincoln Health Systems, the Coalition Against Domestic Violence, CCAR Industries, and the Charleston Zoning Board.

She served as a member of the EIU Presidential Search Committee as well as President of the EIU Annuitant Association and President of the Charleston Area Chamber of Commerce.

MR. ELMER PULLEN BROOKPORT, ILLINOIS

Elmer is a 1970 graduate of EIU with a Bachelor of Science in sociology and a Master of Science in education in 1973. He served as a financial aid counselor at EIU for more than 30 years. Elmer has volunteered on numerous non-profit and university committees. Selected in 1978 as “Big Brother of the Year” by the Big Brothers Big Sisters of Coles County Organization, he also served on the Big Brother organization’s Board of Directors.

Elmer was chosen as “Boss of the Year” by Eastern’s Office Staff Support Group in 1989.

He was a member of the Charleston Rotary Club and served on the Board of Directors of the Central East Alcohol and Drug Council. Since retiring to Brookport, IL, Elmer has continued to serve the local and regional community on several committees and boards. He is a veteran of the US Army.

MR. JOHN SCHMITT CHICAGO, ILLINOIS

John D. Schmitt, graduated from EIU with a Bachelor of Arts, in ’76 and a Master of Arts in Political Science, in ’78. John served as a Graduate Assistant in the Political Science department during graduate school and assisted Dr. Peter Leigh and Dr. Charles Hollister. John was involved with Greek activities on campus through his involvement with his fraternity Lambda Chi Alpha of which he was a founding and charter member. John has been involved with the EIU Lambda Chi Alpha fraternity all throughout his alumni years having served as Chapter Advisor and as Treasurer and Secretary of the EIU Lambda Chi Alpha Alumni Association. John also served his International Fraternity serving as Chairman of the Alumni Advisory Board. The Lambda Chi Alpha International Fraternity awarded him the Order of Merit for Alumni Service in 1996. John is currently serving as the Lambda Chi Alpha Fraternity Foundations Chairman of the Founders Day of Giving Committee.

John spent 35 years working in Illinois Government, Not-for-Profits, Local Government, and Higher Education (State Senate, Department of Energy and Natural Resources, Department of Conservation, Office of Illinois Governor James R. Thompson). He participated in a trade mission to the former USSR and a mission to France.

John also served as Executive Director of the Nature of Illinois Foundation and was the first Executive Director of the Illinois Conservation Foundation which raised over $16 million. His last position of over seven years was 2022 EIU FOUNDATION REPORT

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E I U F O U N D AT I O N B O A R D O F D I R E C T O R S

with his beloved Alma Mater Eastern Illinois University in which he served as the Director of Development/ Philanthropy for the Chicagoland region.

John has been a long-time member of the Association of Fundraising Professionals (AFP) and served as President of the Chicago Chapter in 2012. The Chicago Chapter of AFP at the time was the largest Chapter with over 1,000 members.

John has been a long-standing member of the EIU Alumni Association and served on the Board of Directors from 1983-1986. He was awarded the EIU Alumni Association’s Lou Hencken Alumni Service Award in 2004.

He established the John D. Schmitt Scholarship which annually awards an officer of the Lambda Chi Alpha Fraternity at EIU. John has also been instrumental in leading to the creation of three other EIU scholarships benefiting undergraduate members of Lambda Alpha Chi: the Lambda Chi Alpha Fraternity Founders Scholarship, the Lambda Chi Alpha Scholastic Incentive Scholarship, and the Jack R. Kelly Scholarship. In 2022 John Schmitt was named the EIU Homecoming Parade Grand Marshal. In 2018 the EIU Foundation honored John Schmitt with the Outstanding Member Award.

MS. BONITA TILLMAN ST. LOUIS, MISSOURI

Bonita graduated from Eastern in 1980 with B.A. degrees in both Journalism and Political Science and a teaching certificate. After a brief stint as a substitute teacher, she spent 15 years as an editor and reporter for the Suburban Journals newspaper chain in the Metro-East communities of Granite City, Edwardsville, East St. Louis, and Belleville, IL. In 1996, she transferred her skills to a public relations position at Nestle’ Purina pet products company in St. Louis where she worked for 22 years. She retired in 2018 as Manager of Corporate Public Relations.

Since that time, Bonita started Aries Communications LLC and contributes regularly as a freelance writer to the St. Louis Business Journal and its affiliates in Tampa Bay and Orlando, Fla. She also continues to support the profession via the St. Louis Press Club and the Greater St. Louis Association of Black Journalists where she has been treasurer for 10 years.

At Eastern, Bonita helped initiate the EIU Black Student Reunion celebration and served on the EIU Alumni Association Board of Directors from 2010 to 2019.

MS. SUSAN YOUNG MAHOMET, ILLINOIS

Susan graduated from EIU in 1984 with a Bachelor of Science degree in accounting and a Master of Science degree in taxation in 1990 from DePaul University. Susan retired as Executive Senior Associate Director of Athletics/Chief Financial Officer after serving more than ten years in the summer of 2021. In her role, she oversaw the annual financial operations, capital project funding, and human resources for the division.

Susan’s prior supervision in other areas also included the State Farm Center, Orange and Blue Golf Course, Atkins Tennis Center, and IT services. Before her tenure with U of I, she spent nearly six years as Senior Vice President and Chief Operating Officer of First Mid-Illinois Bank & Trust Wealth Management Division in Mattoon. She is an accomplished executive with more than 30 years of tax, financial planning, and investment advisory experience for several firms, including Ernst & Young, Fel-Pro Incorporated, and KKP Group. Susan has been very involved in the Eastern Illinois University Alumni Association, serving as president in 2004-05 and as a board member from 2001 to 2010.

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2022 EIU FOUNDATION REPORT

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The Foundation is an Illinois notfor-profit 501(c)(3) corporation.

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2022 EIU FOUNDATION REPORT

EIUF FINANCIAL REPORT THE FOLLOWING REPORT DETAILS THE MOST CURRENT AUDITED STATEMENTS DATED JUNE 30, 2021.

The EIU Foundation operations budget is underwritten by

approximately $118,700,000 as of July 1, 2022. This preliminary

distributions from the Brainard Trust and the Neal Charitable

estimate is slightly lower from the prior fiscal year as a result

Lead Unitrust, administrative fees generated on investments, farm

of market turbulence and the corresponding impact on the

management fees, and earnings from endowment funds restricted

EIUF endowment. The EIU Foundation provided $1,362,816

for Foundation operations. Specifically, an administrative fee of

in scholarships and $2,543,107 in grants to EIU in FY 2020.

1.25% is assessed on trusts administered by the Foundation, with a

In comparison, the EIU Foundation provided $1,475,525 in

fee of .75% on Foundation investments and 4.75% of gross income

scholarships and $3,105,950 in grants to EIU in FY 2021.

on the farms. Collectively, these sources provided $773,569 in revenue to support the Foundation’s operations in FY22.

Foundation investments are overseen by the Foundation’s Investment Committee and the Board of Directors. Allocation

The Foundation has contained operational costs through a

recommendations are presented by the Foundation’s investment

conservative, long-term approach to the budgeting process. As a

consultants, Fund Evaluation Group (FEG), and approved by

result, the Foundation has maintained a stable reserve of funds and

the Board’s Investment Committee before submission to the full

was able to deploy some of these reserves in support of University

board. The Foundation remains focused on achieving investment

priorities identified by the EIU administration the past six fiscal

performance that exceeds the approved spending rate of 5% from

years.

endowed funds. FEG, based in Cincinnati, Ohio, has been the Foundation’s investment advisor since May, 2018.

The most current audited statements from FY 21 are presented as part of this annual report. You can also review a copy of the Foundation’s annual federal tax filing, commonly referenced as Form 990.

The total net assets for EIUF were $101,034,782 on July 1, 2020 and $123,978,065 on July 1, 2021. While the FY 22 statements are being finalized, the preliminary statement shows net assets of

IMPORTANT FINANCIAL DOCUMENT LINKS The following documents are available for review: EIUF FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR’S REPORT—AVAILABLE AT GO.EIU.EDU/EIUFAUDIT FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX)—AVAILABLE AT GO.EIU.EDU/FORM990

EIU FOUNDATION – CHIEF OPERATING OFFICER’S BIOGRAPHY Mr. McKenzie began serving his alma mater in 2004 as an Assistant Director in the Alumni Services Office before joining the senior staff of the Dean of the Lumpkin College of Business and Technology. He presently serves as the Chief Operating Officer of the EIU Foundation. Mr. McKenzie holds bachelor’s and master’s degrees from Eastern Illinois University having graduated in 1999 and 2001 respectively.

JON MCKENZIE, EIUF CHIEF OPERATING OFFICER

EIU FOUNDATION – ASSISTANT TREASURER’S BIOGRAPHY Mr. McCann has served in a variety of administrative roles at EIU since 2006, including Interim Vice President for Business Affairs. He currently serves as Director of Business Services and University Treasurer. Mr. McCann received his bachelor’s degree in business/accounting from Augustana College in Rock Island. In addition to his work at Murphey, Jenne and Jones (now known as Peat Marwick), McCann has served as a partner with the accounting firm of Doehring Winders and Co., LLP, and as chief financial officer with Behnke and Co., Inc., a Decatur insurance firm.

PAUL McCANN, EIUF ASSISTANT TREASURER

2022 EIU FOUNDATION REPORT

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F I N A N C I A L S : W H AT I T A L L M E A N S

EIUF ENDOWMENT PERFORMANCE REPORT

THE FOLLOWING INFORMATION OUTLINES INVESTMENT PERFORMANCE WITHIN THE EIUF ENDOWMENT FOR THE PERIOD JULY 1, 2021 TO JUNE 30, 2022.

In today’s complex investment landscape, institutions face unique challenges. The mission at Fund Evaluation Group (FEG) is to empower clients to fulfill their missions through superior investment performance, objective insights, and research. FEG is an independent, employee-owned, full-service investment advisory firm with more than 30 years of stability and growth. FEG is headquartered in Cincinnati, Ohio.

David Center, CFA Fund Evaluation Group Senior Vice President Consultant

FEG was contracted by the EIU Foundation to serve as investment advisor beginning May 2018.

The EIU Foundation Investment Committee and Board of Directors review and approve investment

recommendations presented by FEG and monitor the firm’s performance relative to EIUF’s investment policy and objectives. The EIUF Board also conducts an on-site due diligence visit as part of our commitment to steward the generous support of EIUF’s many donors and friends.

FEG REPRESENTATIVE BIOGRAPHY David Center is Senior Vice President and a consultant at FEG. He has almost 20 years of experience helping non-profit educational institutions with allocation and policy work, governance and education, as well as manager search and selection. Prior to FEG, Center served as a consultant with Cardinal Investment Advisors, New Leaf Capital Consulting, and Hammond Associates. David received an MSIA (MBA) in Finance & Strategy from Carnegie Mellon University, and holds a bachelor of science in electrical engineering from Lehigh University. David has served on the Board of Directors of the CFA Society of St. Louis, as the President of the CFA Society of Louisiana (formerly FANO), and as the President of the Greater New Orleans Council of Camp Fire USA. David currently resides in Cincinnati, Ohio with his wife and two children.

EIUF ASSET ALLOCATION EIUF’s portfolio is diversified by global risk factors such as global equity, global fixed income, real assets, and diversifying strategies.

GLOBAL EQUITY Stocks, Private Equity, Long/Short Hedge Funds

Bonds, Bank Loans, Credit Hedge Funds

REAL ASSETS Real Estate, Natural Resources, Infrastructure

DIVERSIFYING STRATEGIES Event Driven, Relative Value, Macro

58%

18.2%

9.4%

14.4%

ROLE/RISK

ROLE/RISK

ROLE/RISK

ROLE/RISK

Total Return

Equity Risk Mitigation and Total Return

Inflation Protection and Total Return

Diversification and Total Return

Rising Rates and/or Credit Downgrades

Deflation

Poor Manager Execution

WEIGHT

Stock Market Declines

27

GLOBAL FIXED INCOME AND CREDIT

2022 EIU FOUNDATION REPORT

WEIGHT

WEIGHT

WEIGHT

EIUF TOTAL PORTFOLIO PERFORMANCE 2022, 120bps higher than the Policy Index. Note: Primary Objective (CPI+5%) appears abnormally high due to recent inflation.

•

3 Yr

5 Yr

10 Yr

Returned -8.1% for the fiscal year

EIUF has a diversified, “all-weather”

ANNUAL RETURN (%)

•

1 Yr

13.9 10.0 7.2

9.0 6.5

5.9

7.2

7.0

6.0

7.6

portfolio which has outperformed its primary objective over the past three, five, and ten years. This despite a market that has heavily favored U.S. equity since the global financial crisis

-8.1

-9.3 POLICY INDEX

EIUF

ended in 2009.

EIUF COMPOSITE PERFORMANCE

GLOBAL EQUITY

PRIMARY OBJECTIVE (CPI + 5%)

GLOBAL FIXED INCOME

REAL ASSETS

DIVERSIFYING STRATEGIES

14.3

EIUF’s portfolio is diversified by global risk factors–global equity, global fixed income, real assets, and diversifying strategies.

•

Real assets performed well over the last year as the sector gained 9.0%. The benchmark is comprised of 50% of the Bloomberg Commodity Index which has performed

9.0

ANNUAL RETURN (%)

•

Index: 50% Bloomberg Commodity/50% Alerian MLP

-4.5

strongly over the last year (+24.3%), of which the reason for the underperformance vs. the

-15.8 EIUF

TOTAL PRIVATE CAPITAL

EIUF PRIVATE CAPITAL PERFORMANCE

PRIVATE EQUITY

POLICY INDEX

PRIVATE DEBT

private equity.

Private capital has added approximately 4.4% in return over the public markets.

•

Illiquidity Premium (%) – 4.4%

•

Illiquidity Premium ($s) – $4,782,691

RETURN (%)

debt, and real assets with ~68% of it in

PRIVATE REAL ESTATE

PRIVATE NATURAL RESOURCES

27.4

EIUF has about 15.4% of its portfolio allocated to private capital across equity,

•

-5.4

-12.5

benchmark.

•

-5.4

-7.9

EIUF does not have direct exposure to and is

14.6

13.0 8.6

14.2 9.2

9.0

6.6 4.2 0.1

EIUF

PUBLIC MARKET EQUIVALENT (%)

*Due to the availability of private capital data, the IRR data on this page is provided based upon the most recently available period (3/31/2022).

2022 EIU FOUNDATION REPORT

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F I N A N C I A L S : W H AT I T A L L M E A N S

EVALUATING THE PORTFOLIO FROM A HIGH LEVEL (6/30/2022) EIUF has outperformed its primary objective (spending + inflation) over the trailing 3 and 5-year periods. With a 10 year return of 7.0%, and a current spending rate of 5%, a strong argument can be made that EIUF has achieved its primary objective over 10 years.

GLOBAL EQUITY COMPOSITE

DIVERSIFYING STRATEGIES

• Returned -12.5% for the trailing 1-year period, outperforming the MSCI AC

• Returned -5.4% for the trailing 1-year period, in-line

World Index by 330 bps.

with the HFRI Fund of Funds Index.

GLOBAL FIXED INCOME

PRIVATE CAPITAL (AS OF 3/31/2022)

• Returned -4.5% for the trailing 1-year period, outperforming the BB

• Private capital is adding about 4.4% over the public

Aggregate Index by 580 bps.

markets vs. expectations of 3% or more with natural

• Flexible positioning and reduction in interest rate risk and duration risk are

resources being the largest drag (+0.1%) and private

conservative stance, funding source for future.

real estate being the largest contributor (+27.4%).

• Opportunistic allocation to distressed debt should add value going forward.

REAL ASSETS • Returned 9.0% for the trailing 1-year period.

• Multi-asset manager +1.2% over past year and the dedicated MLP manager gained 14.2%.

EIUF SUMMARY PERFORMANCE AND RISK (6/30/2022) It is critical to understand returns in the context of the risk taken. EIUF’s total portfolio risk is about 70% of the risk in global equity.

--- RISK ----- ANNUALIZED ---

TOTAL FUND

3 MOS

YTD

-8.9 3.8

-11.9 7.7

-8.6% -11.3%

2

POLICY INDEX PRIMARY OBJECTIVE (CPI + 5%) BROAD POLICY (70%/30%)

3

GLOBAL EQUITY COMPOSITE MSCI ACWI WORLD INDEX PUBLIC EQUITY MSCI ACWI WORLD INDEX PRIVATE EQUITY GLOBAL FIXED INCOME COMPOSITE PUBLIC INTEREST RATE SENSITIVE BARCLAYS U.S. AGGREGATE BOND INDEX

PUBLIC CREDIT S&P LSTA/PERFORMING LOAN INDEX

1 YR

3 YR

5 YR

7 YR

-8.1%

7.2%

6.5%

6.0%

-9.3 13.9

5.9 10.0

6.0 9.0

5.8 8.2

RELATIVE RISK BETA

10 YR INCEPTION 7.0%

6.0%

7.2 7.6

7.0 7.5

PUBLIC REAL ASSETS BLOOMBERG COMMODITY INDEX ALERIAN MLP INDEX PRIVATE REAL ASSETS DIVERSIFYING STRATEGIES HFRI FUND OF FUNDS INDEX CASH

1

ABSOLUTE RISK VOLATILITY

(5 YR. BETA)

(5 YR. ST. DEV.)

$85,769,854

0.6

11.2

MARKET VALUE

-11.9

-16.8

-13.7

4.0

5.2

5.4

6.6

5.3

-12.0 -15.7

-16.4 -20.2

-12.5 -15.8

8.1 6.2

7.7 7.0

7.4 7.0

9.0 8.8

7.9 6.2

$49,719,477

0.9

15.8

-14.8

-19.8

-17.6

5.3

5.8

6.0

8.0

7.5

$36,882,679

1.0

18.1

-15.7

-20.2

-15.8

6.2

7.0

7.0

8.8

6.2

-1.8

-5.8

-4.5

-7.9

3.4

-0.1

3.4

2.8

3.1

5.4

$8,905,846 $15,468,394

N/A 0.0

N/A 3.2

-4.7 -0.6

-10.3 -1.1

-10.3 1.3

-0.9 -

-0.9 -

1.4 -

1.5 -

4.1 12.1

$4,002,626

N/A

N/A

-4.5

-4.6

-2.8

-

-

-

-

5.2

-6.9

4.0

9.0

9.0

5.5

4.6

2.9

1.4

$8,068,885

$3,156,513

N/A 0.7

N/A 14.5

-5.7 7.4

18.4 10.0

24.3 4.3

14.3 0.1

8.4 -0.3

2.8 -2.1

-0.8 0.7

-1.6 5.6

-3.8

-6.0

-5.4

6.2

5.6

4.6

5.6

5.0

$1,149,670 $12,367,721

N/A 0.3

N/A 6.1

-3.9

-6.5

-5.4

4.0

3.6

2.7

3.8

2.5

-2.9

-7.6

1.4

1.3

1.7

4.7

PRIVATE CREDIT REAL ASSETS COMPOSITE

1

-7.8

1.7

5.4

8.2

5.4

4.5

2.9

1.3

$8,309,255

$6,919,215

0.0

0.7

3.4

15.0

$145,377

Beta calculation is relative to MSCI ACWI Index.

Policy Index is currently comprised of: 5.0% PIMCO Inflation Response Multi Asset Index, 6.5% Thomson One All Private Equity Index, 1.0% Thomson One Mezzanine Index, 23.0% Russell 3000 Index, 16.0% MSCI EAFE Index, 9.0% MSCI Emerging Markets Index, 13.0% Bloomberg Barclays US Aggregate Index, 2.0% Alerian MLP Index, 22.0% HFRI FOF: Conservative Index, and 2.5% HFRI FOF: Strategic Index. Please see Appendix for benchmark history.

2

3

29

Broad Policy Index is comprised of: 70.0% MSCI AC World Index and 30.0% Bloomberg Barclays US Aggregate Index.

2022 EIU FOUNDATION REPORT

MISSION STATEMENT The Eastern Illinois University Foundation exists for the following purposes: To encourage and provide private support to Eastern Illinois University, including the region which the University serves, and to promote the ideals of volunteerism and philanthropy among alumni, friends and employees of the University; To assist and support Eastern Illinois University’s educational and cultural mission through encouraging philanthropic gifts of cash, property and other materials of educational and artistic value; and To enhance the educational activities of Eastern Illinois University students and employees by participating in and supporting academic and artistic programming through scholarships and grants.

2022 EIU FOUNDATION REPORT

30

An early snowfall came to the EIU Memorial Courtyard this year. It quickly melted away in favor of a few more weeks of fall weather.

M A K E A N O N L I N E G I F T T O D AY AT E I U . E D U / G I V I N G . P H P.

eiu.edu/advancement