FIU Foundation Annual Report 2011-2012

you the power of

the f i u f o u n dat i o n , i n c .

2011-2012 a n n ua l r e p o r t

the fiu fo u n dat i o n , i n c .

2011-2012 a n n ua l r e p o r t

2011-2012

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you

the power of

The following pages celebrate the power of you–the power of our family of donors to make a difference and shape the future of FIU.

Together we are building a new American university, fueled by philanthropy and strengthened by the financial foundation that you are helping us to create.

These stories reflect the driving force of FIU’s continued growth–the donors who seek to enrich, inspire and transform our community through their generosity, advocacy and Worlds Ahead vision.

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

Justo L. Pozo, CPA ‘80

Chair, The FIU Foundation, Inc. Board of Directors

Mark B. Rosenberg President

Howard R. Lipman

Senior Vice President, University Advancement and President and CEO, The FIU Foundation, Inc.

.

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Message from Leadership Dear FIU Family, FIU’s opening day of classes in 1972 was fueled by a vision to build a people’s university.

From one building–the Tower–in the middle of an abandoned airport field, FIU has grown to become a leading public research institution that transforms lives through education, opportunities and innovation. We can attribute this growth in part to the individuals, foundations and corporations that support FIU. The FIU Foundation was formed by our first president, Charles Perry, in 1969. It serves to nurture relationships with donors, secure philanthropic support and steward gifts on behalf of FIU. People like you are the core of who we are and what we do. Annually, the Foundation receives more than 24,452 gifts from 18,786 individuals, corporations, parents, alumni, foundations and others–and we could not be more grateful.

Our mission is to uphold your trust by demonstrating integrity, responsibility and service excellence. We listen to what inspires you about higher education and then connect you with FIU leadership and initiatives that match your goals. We work closely with community, university and financial leaders to ensure the best management of your investments.

It is our pleasure to share highlights of another year of remarkable progress and growth made possible by your generosity. This year’s report features some of the many donors who have chosen to invest in FIU. Most importantly, the report showcases the impact these donors have made.

We thank you for helping us strengthen FIU by giving today and looking toward the future. It is through the generosity of friends and alumni like you that we will thrive as a national and global leader in higher education.

Thank you for all that you continue to do for FIU.

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you t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

“

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he only common denominator for all of us,” said Dr. Herbert A. Wertheim, “is

time. It’s what we do with that nonrenewable

community, I want to invest in those who are going to stay here and pour their talent and their energy back into this community.”

resource that defines who we are…. I love life and I want to do as much as I can to make a

Overcoming significant challenges in his

difference in this world.”

childhood–including poverty, dyslexia and

In 2009, Wertheim pledged $20 million to

name the FIU Herbert Wertheim College of Medicine, building on his past support for units across FIU and service as a founding member of the FIU Board of Trustees. Dr. Wertheim also served as chairman of the FIU Foundation Board of Directors and led

a successful, $200 million dollar capital and scholarship campaign. In 2011, Wertheim fulfilled his $20 million pledge ahead of schedule–a powerful reflection of his commitment to community-based medical education and the FIU mission.

“FIU has been in my heart for more than 25 years and when I look around here and

dropping out of school in the ninth grade –Wertheim has enjoyed a varied career

as a veteran, educator, inventor, scientist, optometric physician, visual neurologist, research clinician and entrepreneur. His inventions have protected millions from

serious eye diseases that include cataracts, corneal dystrophy and macular degeneration.

“Dr. Wertheim is an extraordinary role model of strength and perseverance to our students and community,” said FIU President Mark B. Rosenberg. “He is an inspiring individual who has succeeded in spite of adversity and has encouraged young people to pursue their dreams through higher education.”

see the amazing accomplishments during

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that time, I can’t help but want to continue

Wertheim hopes his philanthropic investments

to contribute to this success story,” said

in FIU serve as an inspiration to others to give

Wertheim, chairman and CEO of Brain Power

back to their community, either financially or

Inc., the world’s largest manufacturer of

through the investment of time and talent. “It

optical instruments and chemicals. “FIU is

is not how much but how often that matters;

our hometown university and as a son of this

giving of one’s self is a good thing.”

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Inspirational Catalyst Dr. Herbert A. Wertheim

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

We Believe Ignite: The FIU Faculty & Staff Campaign

you Dianne F. Valdivia Membership Manager, Office of Alumni Relations

I support the FIU Alumni Association and the College of Business Administration.

Betsy Soler ‘10

Social Media Community Manager, Division of External Relations

Thomas Breslin

Interim Dean, University Libraries

L

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Dianne F. Valdivia ‘06, MS ‘10

Membership Manager, Office of Alumni Relations

aunched by the Office of Annual Giving in February 2012, the FIU Faculty & Staff Campaign-Ignite is the first of its kind in FIU’s history. Within only five months, Ignite raised more than $2 million.

Dr. Stephen M. Fain, founding faculty member and chair of the campaign. “As we move forward, I expect that even more of us will find meaningful ways to participate in the Ignite campaign.”

With gifts ranging from $20 to a seven-figure planned gift, members of the university community have funded scholarships, research, the arts and many more programs across FIU. “This is the beginning of a sea change in our institutional culture,” said

“Together we are igniting dreams, creativity, discovery and innovation for the thousands of current and future students of this great university,” said FIU President Mark B. Rosenberg.

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“This is the beginning of a sea of change in our institutional culture.”

–Dr. Stephen M. Fain, founding faculty member and chair of the campaign

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Henry A. Thomas Baseball Head Coach, Department of Intercollegiate Athletics

Cathy Leff Director, The Wolfsonian

I support The Wolfsonian and the Frost Art Museum.

Cathy Leff

Director, The Wolfsonian

I support FIU Baseball and the Athletics Department.

Henry A. Thomas

Baseball Head Coach, Department of Intecollegiate Athletics

Ignite encourages employees to donate to the area of the university they care about most. More than 30 percent of FIU’s employees have already given. Of those, more than 10 percent are part of the Leadership Circle, acknowledging their five-year pledge to FIU.

Felecia D. Townsend Director of Operations for Business Services, Division of Finance

I support FIU Athletics and Annual Giving.

Felecia D. Townsend

Director of Operations for Business Services, Division of Finance

pockets for our good institution because… we believe in us, our purpose, our mission, our people, our students. We believe in what we are doing!”

“For us to ask our external community for support, we must lead by example,” said Rosenberg at the campaign launch. “We must send the message that we reach into our

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T

railblazer. Visionary. Innovator. These words are synonymous with Dean Emeritus and Professor Dr. Lillian Lodge Kopenhaver. With a myriad of accolades attached to her name, it’s no surprise that she has garnered national recognition for her outstanding service and contributions to journalism, both in the academy and in the profession.

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For the last 39 years, she worked tirelessly to create programs and opportunities for students, from the founding of FIU’s School of Journalism and Mass Communication to, most recently, the establishment of

The Lillian Lodge Kopenhaver Center for the Advancement of Women in Communication through her $1 million planned gift.

Engaging female students, academics and professionals through workshops, lectures, panel discussions and other activities, the Center will be a pioneering site for the advancement of women in the field of communication–a programming distinction at FIU. “I want the next generations of young women to know their goals are achievable and that the doors will be opened just a little wider for them because of the work we can do with the Kopenhaver Center,” said

ou 2011-2012

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Pioneering Spirit

Dr. Lillian Lodge Kopenhaver

Kopenhaver, who stepped down as dean in 2011 to return to teaching. In recognition of her service to FIU, she was awarded the FIU Distinguished Service Medallion by president Mark B. Rosenberg during the fall 2011 commencement ceremonies.

Journalism and Mass Communication Education in 2009 by the Association for Education in Journalism and Mass Communication. The creation of the Kopenhaver Center reflects and celebrates this legacy of excellence.

Previously serving as the first female president of the Greater Miami Professional Chapter of the Society of Professional Journalists (SPJ) and the first female president of College Media Advisers, Kopenhaver was only the second woman in 77 years to receive the prestigious Wells Memorial Key for her work with SPJ. She was also named Outstanding Woman in

Advancing FIU’s growth remains a fundamental part of Kopenhaver’s life. “It has been a wonderful, fulfilling adventure, and I have been very fortunate to be here from the very beginning–to see the university grow into the world class institution it is today and to have been part of helping it along the way,” she said.

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

A Perfect Match Jewish Museum of Florida-FIU

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ocated in two adjacent Art Deco buildings in Miami Beach that are former

synagogues on the National Register of

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challenges of the immigrant experiences shared by all ethnicities in Florida.

Historic Places, the Jewish Museum of

“This step launches us into our next phase

Florida-FIU explores 250 years of Jewish art,

of growth by strengthening awareness of

culture and history in the State of Florida.

our institution and its mission, broadening

The Museum will create a historic partnership

our academic offerings and increasing

and ignite a new era of interdisciplinary

scholarly research of our collections,” said

education, research and outreach focused

Jo Ann Arnowitz, director and chief curator

on the history of the Jewish experience in

of the Museum. “Our synergy and mutual

Florida.

commitment to exploring the richness and

diversity of Jewish life in Florida makes this a “Through this generous gift, FIU will expand our reach into the Florida community,

perfect match.”

helping to preserve an important part of our

Through exhibitions, public programs,

history while enhancing the global learning

historical collections and publications,

experience we offer our students,” said FIU

the Museum has provided multicultural

President Mark B. Rosenberg.

education for nearly two decades. Its addition will complement the work of FIU’s School

In addition to the Museum’s buildings, the

of International and Public Affairs, creating

gift to FIU includes the historical collections,

deeper conversations about the intersections

research library, endowment and other

among history, culture, religion, literature,

assets. A key component of this match is the

political science and international relations.

relocation of a variety of programs, including Judaic Studies, to the Museum’s facilities.

To learn more about the Jewish Museum of

The plan also includes the expansion of

Florida-FIU please visit us at:

academic programs and research endeavors

301 Washignton Avenue, Miami Beach, FL

designed to educate the FIU and greater

33139 or at www.jewishmuseum.com

South Florida communities about the

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ou Jo Ann Arnowitz

Director and Chief Curator Jewish Museum of Florida-FIU

.

Elliot Stone

President Jewish Museum of Florida-FIU

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

Field of Dreams David F. Alfonso ’96 and Linda B. Alfonso

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othing excites FIU alumnus David F. Alfonso ‘96 and his family more than the gridiron action of FIU Football. In true Panther spirit, David is a leading supporter of his alma mater’s Athletics program.

In 2011, FIU named the Alfonso Field at FIU Stadium in recognition of the Alfonso family’s philanthropic investment in FIU Athletics.

Building on this financial commitment, David agreed to serve as co-chair of the Stadium Campaign Task Force, a dedicated group of volunteers who led the efforts to raise the funding needed for the Stadium’s recent expansion. His passion for FIU Football is palpable.

“Although this is incredibly fulfilling for our family, this is solely about FIU and the path our athletic program is on to becoming national contenders,” said David, chairman and CEO of Empire Investment Holdings.

“Support from alumni and friends keeps the University moving forward. Our support further inspires student-athletes, coaches and staff who work so hard to represent FIU with distinction and to engender a great sense of pride and excitement.”

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When David received the FIU Medallion-Outstanding Alumnus award at commencement in May 2011, he emphasized that all FIU graduates share the same responsibility: “to recognize how important our role is to provide ongoing support through time and treasury.”

Athletics, he said, is a key ingredient in maintaining that connection between alumni and the university.

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“We are grateful for the level of support the Alfonso family has shown FIU Athletics,” said FIU Athletics Director Pete Garcia. “This is a perfect example of the commitment needed to build a winning program. David’s vision is on par with what we are looking to accomplish here at FIU. It only seems fitting that his name be associated with the Athletics program. Alfonso Field at FIU Stadium continues to be the crown jewel of FIU Athletics.”

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you Alfonso Family

From left to right: Victoria, Linda, David and Madison

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

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he Miami Bayside Foundation understands the impact of higher

education on the economic vitality of

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funds, the gift will result in a total impact of $353,000.

South Florida. In June 2011, the Foundation

“We are proud to partner with FIU, Miami’s

pledged a gift of $100,000 to create a

public research university,” said Nathan

scholarship endowment for City of Miami

Kurland, chair of the Miami Bayside

residents who demonstrate an interest in

Foundation Board of Directors. “So many of

business, leadership and entrepreneurship.

our students need financial assistance to

access the opportunities an FIU education

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The Foundation also pledged an additional $100,000 to support City of Miami residents

can provide.”

through the First Generation Scholarship

Founded in 1988, the Miami Bayside

Fund. Pending the receipt of state matching

Foundation seeks to stimulate economic

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Panoramic photo courtesy of Bayside Marketplace

Educational Empowerment

ou Miami Bayside Foundation

Miami Bayside Foundation Board.

From left to right: Louis McMillian, Board Member; Josie Correa, Treasurer; Pamella Weller, Vice Chair; Kathleen Murphy, Executive Director; Pablo Perez-Cisneros, Board Member

development in the City of Miami and

said Justo L. Pozo CPA ‘80, Chairman, FIU

provide educational opportunities.

Foundation Board of Directors and President,

Advancing this mission, the gift will provide

Preferred Care Partners.

talented residents of the City of Miami

with the resources needed to pursue their academic and professional goals at FIU.

“As an alum and entrepreneur, I understand the significance of having the support

The Foundation’s gift reflects FIU’s role as

an economic engine of South Florida. “The Miami Bayside Foundation believes that in

order to advance our community, we need

needed to flourish and succeed. The

to start at the real center of innovation,” said

generosity of the Miami Bayside Foundation

Kurland. “Through education we can truly

has been critical to opening those doors to

empower today’s entrepreneurs and the

success for first generation students at FIU,”

aspiring entrepreneurs of tomorrow.”

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

Every Gift Counts

Scott Norberg, J.D.

Photo by: Brett Kramer, Brett Kramer Photography

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ou

2011-2012

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hether it’s $10 or $1,000,000, each gift to FIU represents a significant

opportunity to make an impact.

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In giving back to FIU what he gained through his Faculty Award for Excellence in Teaching, Norberg said, “It’s such a worthy project, and the timing seemed providential. It is a way

For the First Generation Scholarship Fund,

to say thank you to the university, and more

one gift made all the difference. A

specifically to my students and my law faculty

contribution of $3,750 from FIU Law

and staff colleagues, for the good fortune it is

Professor Scott Norberg in November

to be a professor of law at FIU.”

2011 helped FIU surpass its goal and raise $516,328, bringing the total amount of

Designed to bring a university education

scholarships awarded in the 2011-2012

within reach, the First Generation Scholarship

academic year to more than $1 million.

Fund provides support to qualified

For the first time in the history of the

undergraduate students who are the first

state matching program, FIU raised

generation in their families to attain a college

the maximum amount allocated by the

degree. Since the program’s inception in

State of Florida.

2006, FIU has awarded nearly $4.2 million to more than 6,100 FIU students.

A primary supporter of FIU’s College of

Law, Norberg is currently on leave from FIU

“An investment in FIU is an investment in

and serves as the deputy consultant to the

the future of the South Florida community

American Bar Association’s Section on Legal

and the State,” said Norberg. “The FIU degree

Education and Admissions to the Bar in

represents tremendous value for modest

Chicago. He has served as professor at the

cost to students, but this is possible in these

College since 2001 and was the founding

times of dwindling public resources only if

associate dean for Academic Affairs for

individual and corporate stakeholders are

four years.

willing to take part.”

“An investment in FIU is an investment in the future of the South Florida community and the State.” –Scott Norberg, J.D.

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yo t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

Global Impact

Obrasc贸n Huarte Lain (OHL)

Juan-Miguel Villar Mir President & Chairman OHL

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Photo courtesy of OHL

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n 1987, Juan-Miguel Villar Mir, president and chairman of the board of directors

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“FIU’s program will move forward at a faster pace with OHL’s investment in and

of Obrascón Huarte Lain (OHL), acquired

commitment to mutual values of excellence,

the company on the verge of disappearing.

sustainability, diversity, progress, economic

Twenty-five years later, the global construction

development and quality of life,” said

multinational OHL Group boasts sales of $6.3

Villar Mir. “We look for the OHL School of

billion, leading major projects in more than

Construction to become one of the top

30 countries. As OHL expands its presence in

programs of its kind in the U.S. and abroad.”

the United States, FIU is honored to partner with the corporation in support of the OHL School of Construction, the first named

school in the history of the FIU College of Engineering and Computing.

Established in 1973, the construction management program at FIU is a leading local and national supplier of construction management executives, distinguished as the largest graduate program in Florida. The support of OHL will empower the School to become an international center for excellence in construction education. In alignment with the expansion priorities of OHL, partnership with FIU will address the growing demand for diverse construction industry professionals locally and throughout the southeast U.S., Latin America and the Caribbean.

“With a global presence in the Dominican Republic and Panama, and strong executive and online offerings, our construction program is already Worlds Ahead,” said Amir Mirmiran, dean of FIU’s College of Engineering and Computing . “This generous gift will place

U.S. Century Bank Arena

Agustin Arellano President Arellano Construction

the OHL School of Construction in an elite group of national and international peers.”

Lauro Bravar CEO OHL USA

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

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Leading by Example

Gerald C. Grant, Jr. ‘78, MBA ‘89

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double graduate of FIU, member of the FIU Board of Trustees and dedicated

successful level, and his involvement with the

larger institution of FIU has been extraordinary.”

donor since the early 1990s, Gerald C. Grant, Jr. ‘78, MBA ‘89 is no stranger to the impact

Selected by Legacy Magazine as one of South

of education–a gift, he said, that is more

Florida’s 50 Most Powerful Black Professionals

valuable than any other.

of 2011, Grant has contributed to the growth of FIU in numerous ways from serving on the

In 2006, Grant established the Gerald C.

FIU Board of Trustees and the FIU Foundation

Grant, Jr. Scholarship Fund in the FIU Honors

Board of Directors to the FIU Alumni

College to award high achieving Honors

Association Board, President’s Council, and

students. “I want to lead by example and

Honors College Community Advisory Board.

encourage other alumni and friends of FIU

to step out of their comfort zone and make a

“I serve at FIU because I believe it is our

significant gift to make our university better,”

responsibility to give back and make our

said Grant, South Florida branch director of

community a better place to live. FIU has

AXA Advisors, LLC.

made a tremendous difference in my life,” said Grant. “As a trustee, the decisions I make will

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“No one is more committed to the welfare

impact the lives of thousands of students

and advancement of FIU than Gerald Grant,”

who will enter the doors of FIU. I will not

said Honors College Dean Lesley A. Northup.

take that responsibility lightly and will make

“His service on our advisory board helped

sure that we make each student’s learning

immeasurably in building it to its current

experience memorable.”

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“I want to lead by example and encourage other alumni and friends of

FIU to step out of their comfort zone and make a significant gift to make our university better.”

–Gerald C. Grant, Jr. ‘78, MBA ‘89

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

you Candice B. Gidney, Esq.

Director The Betty G. Reader Foundation

Jerilynn Gidney

Co-Trustee The Betty G. Reader Foundation

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A Legacy of Service The Betty G. Reader Foundation

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etty G. Reader’s legacy of giving back to her community lives on at FIU. An active

The first FIU scholarship with a preference for students who have served the Jewish

volunteer and philanthropist who passed

community, the fund will honor Reader’s

in 2009 at the age of 99, Reader supported

legacy and dedication to the well-being of

numerous organizations such as American

the greater Jewish community. As many as 12

Friends of Hebrew University, Jewish

incoming freshmen will be selected each year

Home for the Aged, Greater Miami Jewish

to receive the four-year scholarships.

Federation, Hadassah, American Cancer

Society, Miami Jewish Home and Hospital

“The Betty G. Reader Scholarship Fund

and Mount Sinai Medical Center of

will have a lasting impact on FIU and our

Miami Beach.

community,” said FIU Dean of Undergraduate Education Doug Robertson. “This program

In celebration of

will change the lives of many young persons

her volunteerism,

who have demonstrated their potential

Reader received

for success through exemplary academic

many awards

achievement, leadership and citizenship.”

including The

Betty G. Reader

Hebrew University

One of the first recipients of the scholarship

Award and the

is Steeve Jerome, a freshman electrical

Diamond Medal

engineering major who served as vice

from Hadassah.

president of his high school’s 5000 Role

Honoring this

Models of Excellence Program and mentored

legacy of service, in

at-risk male students at Benjamin Franklin

2011 the trustees

Elementary. Jerome’s selection reflects his

of her estate made

dedication to the ideals personified by Reader:

a $600,000 commitment to establish the

“This scholarship was truly a blessing and it

Betty G. Reader Scholarship Fund for

is propelling me toward the realization of the

students who have demonstrated

American dream…. Being able to serve and

exemplary service to and leadership in

contribute to my community has been one of

the community.

the most humbling experiences of my life.”

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

Father-Son Commitment

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Harvey R. and Wayne E. Chaplin

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he idea to build a beverage management center at FIU was a bold one. The Chaplin family, owners of Southern Wine & Spirits of America, deemed it a promising project and offered their support in 1996. Their initial gift sparked a private-public success story that has helped place FIU at the forefront of hospitality education.

In honor of the Chaplins’ 16-year partnership with the program, FIU named its top-rated hospitality school the Chaplin School of Hospitality and Tourism Management in April 2012. “This is a wonderful way to recognize our long-standing commitment to FIU,” said Southern Wine & Spirits President and Chief Operating Officer Wayne E. Chaplin. “We are committed to the education of the hospitality industry’s future leaders and want to do our part to provide them with an exceptional learning experience.”

In addition to the center, the Chaplins supported the Harvey R. Chaplin Eminent

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Scholar Chair, the first and only one in the country devoted to beverage management.

The Chaplins also supported the creation of the renowned Food Network South Beach Wine & Food Festival, which has grown into one of the nation’s largest events of its kind and generated more than $17 million for the Chaplin School. A new teaching restaurant, funded by festival proceeds, will strengthen the school’s growing research in food, beer and spirits and sharpen its focus on building management skills. The Chaplins and Southern Wine & Spirits continue to support the festival as the main sponsor and owner of the festival trademark.

Harvey R. Chaplin, Wayne’s father and Southern Wine & Spirits’ chairman and CEO, recalled the decision to invest in FIU. “I don’t think an alcoholic beverage company has supported a Florida university before, and none of us ever dreamed that we would end up where we have,” he said. “It really has been a wonderful ride.”

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“We are committed to the education of the hospitality industry’s future leaders and want to do our part to provide them with an exceptional learning experience.”

–Harvey R. and Wayne E. Chaplin

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

Tradition of Healing Baptist Health South Florida

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n the words of Wayne Brackin, Baptist Health South Florida’s chief

partner of the Wertheim College of Medicine since the founding of South Florida’s first and

operating officer and executive vice

only public medical school in 2006. More

president, “Baptist Health and FIU have

than 30 percent of the College’s

grown up together in this South Florida

faculty are affiliated with Baptist Health.

community. The depth and breadth of the

In 2010, the College established its first

contributions of Panther alumni to the

residency partnership, a family medicine

success of Baptist Health South Florida

training program at West Kendall Baptist

cannot be overstated. From nursing to

Hospital.

management to physical therapy to hospitality to biomedical engineering

“Baptist is a leader in health care and their

and everywhere in between, FIU is there.”

long tradition of healing in our community will enhance our mission of educating

A dedicated donor to the university since

socially aware and responsive physicians who

1987, Baptist Health has made philanthropic

will practice medicine in a compassionate

investments in units ranging from the

and comprehensive manner,” said Dr. John

Honors College and Athletics to the College

Rock, founding dean of the College.

of Nursing and Health Sciences and the

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Herbert Wertheim College of Medicine.

Thanks to the support of community partners

Baptist Health and FIU share a commitment

such as Baptist Health, the College is realizing

to community-based medical education as

its vision to lead the next generation of

anchor institutions that are transforming the

medical education and continually improve

future of health care in South Florida.

the quality of health care available to the

Baptist Health has remained an engaged

South Florida community.

you 2011-2012

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James West

Third year medical student, currently completing his surgery rotation at West Kendall Baptist Hospital

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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

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Beyond Buildings

Tibor and Sheila Hollo

Photo by: Patrick Farrell, The Miami Herald

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you “The Hollos are true visionaries.”

–Joyce Elam, dean emeritus of the FIU College of Business

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he beauty of the Miami skyline reflects the iconic reputation of Tibor Hollo.

International University embraces this

challenge in its real estate program, and I am

Considered an architect of modern Miami,

proud of our new association. I look forward

Tibor constructed the first high-rise office

to ongoing progress in the study of real estate,

building on Brickell Avenue in 1972. In

guided by the outstanding scholars at FIU.”

recognition of his legacy as a pioneer of the real estate industry, he was recently named

South Florida’s Entrepreneur of the Year by FIU. In March 2012, FIU partnered with the

South Florida developer and his wife Sheila to name the Tibor and Sheila Hollo School of Real Estate in the College of Business.

The couple’s generous gift will be used to create an endowment that supports FIU’s

premier real estate program in perpetuity, including its undergraduate and graduate degree programs, continuing education

President of Florida East Coast Realty (FECR), Tibor has made his mark by advocating

and developing innovative projects that

emphasize living, working and playing in the

urban core. Since its founding nearly 60 years ago, FECR has advanced the development of 60 million square feet of residential,

commercial, retail and industrial space, with

landmark projects from New York to Nevada and throughout Florida.

opportunities and industry-driven research.

“The Hollos are true visionaries,” said Joyce

“Real estate is a dynamic profession, one

Business. “By establishing the Hollo School,

that challenges our best minds to explore

they will help ensure the growth of our real

how to use our limited resources to finance

estate program. We anticipate great advances

and create useful, exciting places to live and

thanks to the guidance of an exceptional

work,” Tibor said. “I am grateful that Florida

pioneer and true role model.”

Elam, dean emeritus of the College of

29

: FACTS t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

about FIU Fall 2012

Number 1 in the nation in awarding bachelor’s and master’s degrees to Hispanic students

46,000+

Number of students attending FIU in Fall 2011.

Campuses and Academic Centers • Modesto A. Maidique Campus • Biscayne Bay Campus in North Miami • Engineering Center • FIU Broward Pines Center in Pembroke Pines • FIU Downtown on Brickell • FIU Miami Beach Urban Studios Tianjin Center in Tianjin, China

30

Museums

The Patricia and Phillip Frost Art Museum The Wolfsonian-FIU Jewish Museum of Florida-FIU

FOUNDED IN

1965 Nearly 50 percent of all undergraduate students at FIU receive financial aid, and nearly 60 percent of those financial aid recipients come from families with annual household incomes under $30,000.

More than 50 percent of FIU undergraduate students are the first in their families to attend college.

96

percent of the university’s tenured or tenure-earning faculty hold doctorates or the highest degree attainable in their field.

2011-2012

a n n ua l r e p o r t

62

% Florida International University is a vibrant, student-centered Hispanic public research university, ideally located in Miami, % that is WorldsAhead in its commitment to White learning, research, entrepreneurship, Non-Hispanic innovation and creativity so that % our graduates are prepared to Black succeed in a global market. %

13

13

4

Colleges and Schools College of Architecture + The Arts • School of Architecture • School of Music College of Arts & Sciences • School of Environment, Arts & Society • School of Integrated Science & Humanity • School of International & Public Affairs College of Business • School of Accounting • Alvah H. Chapman, Jr. Graduate School of Business • R. Kirk Landon Undergraduate School of Business • Tibor and Sheila Hollo School of Real Estate College of Education College of Engineering and Computing • School of Computing and Information Sciences • OHL School of Construction Honors College College of Law Herbert Wertheim College of Medicine College of Nursing & Health Sciences Chaplin School of Hospitality and Tourism Management School of Journalism and Mass Communication Robert Stempel College of Public Health and Social Work • School of Social Work University Graduate School University College (Continuing Education and Fully Online programs)

8%

Asian or Pacific Islander

other minority groups

FIU’s dynamic student body reflects the vibrant diversity of South Florida

%

167,000 FIU alumni More than $100 million in research and sponsored programs.

}

180

bachelor’s, master’s and doctoral programs

}

31

t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

The Florida International University Foundation, Inc. (FIU Foundation) was established in 1969 to encourage, solicit, receive and administer gifts for scientific, educational and charitable purposes for the advancement of FIU and its objectives. It is registered by the State of Florida as a charitable organization and is approved by the U.S. Internal Revenue Service as a tax exempt 501(c)(3) organization. The Foundation has also been certified as a Direct Support Organization (DSO) of FIU as defined in Florida Statue 1004.28.

The FIU Foundation is a non-profit corporation governed by a Board of Directors, whose members play a significant role in the development of the university as a major educational, cultural and economic resource. The mission of the university is advanced through the involvement of the Directors and their contribution of time, leadership and financial resources.

32

2 0 1 1 - 20 1 2

a n n ua l r e p o r t

FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION, INC. AND SUBSIDIARIES (A Direct Support Organization) CONSOLIDATED STATEMENT OF FINANCIAL POSITION JUNE 30, 2012 (WITH COMPARATIVE TOTALS FOR JUNE 30, 2011)

Assets: Cash and cash equivalents Contributions receivable, net Investments Due from Florida International University Bond issuance costs, net Other Assets Fixed assets, net Total Assets

Liabilities: Accounts payable and other liabilities Annuity payables Deferred revenue Due to Florida International University Due to Florida International University Athletics Finance Corp.

Split-interest obligations Derivative liability Note payable Total Liabilities

Net Assets: Unrestricted Temporarily restricted Permanently restricted Total Net Assets

Total Liabilities and Net Assets

2011

2012

25,360,829 42,319,332 152,352,145 34,501 135,060 941,001 12,571,255 $233,714,123

977,189 257,925 630,938 580,626

- 789,486 536,947 8,785,000 12,558,111

22,761,966 34,874,337 163,519,709 221,156,012

$233,714,123

4,806,843 61,536,667 168,514,586 136,285 122,590 839,549 12,174,916 $248,131,436

289,652 188,385 843,218 673,237 56,100 789,060 432,872 8,180,000 11,452,524

21,631,305 33,472,532 181,575,075 236,678,912

$248,131,436

33

t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

Snapshot of Giving for Fiscal Year 2011-2012 Giving by Donor Type Donor Type Alumni Friends (Individuals)

Total Donors 12,132 4,558

Parents 352 Faculty/Staff 1,024 Corporations 507 Foundations 82

Alumni

Corporations

Friends (Individuals)

Foundations

Organizations 131

Parents

Organizations

Total

Faculty/Staff

Endowment Performance

(In millions)

Investment Fund Balance

Fund Balance History

Year Ended 34

18,786

2011-2012

a n n ua l r e p o r t

Giving by Donor Type in Dollars Donor Type

Total Raised

Alumni

$

3,058,894

Friends (Individuals)

$

15,136,490

Parents

$

79,714

Faculty/Staff

$

2,800,689

Corporations

$

7,659,244

Foundations

$

2,694,396

Alumni

Corporations

Friends (Individuals)

Foundations

Organizations

$

21,637,372

Parents

Organizations

Total

$

53,060,395

Faculty/Staff

Rate of Return

FIU Foundation Investment Returns

Year Ended 35

t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .

The FIU Foundation, Inc. 2011-2012 Board of Directors Thank you to our current, ex-officio and emeritus directors who give of their time to lead the foundation to new heights.

Executive Committee Justo L. Pozo, CPA ‘80

Kathryn G. Chase

Carlos B. Castillo, Esq. ‘88

Thomas M. Cornish ‘85

Noel J. Guillama-Alvarez ‘99

Chairperson

Secretary

Member

Member

Immediate Past Chair

T. Gene Prescott

Richard Brilliant ‘93

Carlos A. Duart ‘94, MS ‘99

Veronica Cervera Goeseke

Howard R. Lipman

Vice Chairperson

Treasurer

Member

Member

President and CEO, The FIU Foundation, Inc.

Directors Nelson L. Adams, M.D.

Thomas M. Cornish ‘85

Christopher G. Korge

Lilly Bernal Pino ‘97

Ronald A. Shuffield

David S. Adler ‘09

Kathryn G. Chase

R. Kirk Landon

Justo L. Pozo, CPA ‘80

Isaac Zelcer

Jose M. Aldrich

Carlos A. Duart ‘94, MS ‘99

Donald E. Lefton

T. Gene Prescott

Sanford L. Ziff

Agustin R. Arellano, Sr.

Candice Gidney, Esq.

Juan J. Martinez ’90, ‘93

Jonathan E. Perlman

EX-OFFICIO

Antonio L. Argiz, CPA ‘74

Jorge J. Gonzalez ‘88

Michael R. Mendez ‘03, MBA ‘10

Enrique A. “Henry” Ramos

Victor C. Balestra

Stephen H. Bittel

Gerald C. Grant, Jr. ‘78, MBA ‘89

Chad Moss ‘94

Carolina Rendeiro

Jack F. Gonzalez ‘97

John Bussel

Noel J. Guillama-Alvarez ‘99

Mario Murgado

Orlando Roche ‘88

C. Delano Gray

Richard Brilliant ‘93

Jeffrey L. Horstmyer, M.D.

Marcel L. Navarro ‘93

Jorge Rossell

Denise Halpin

Carlos B. Castillo, Esq. ‘88

Neisen O. Kasdin, Esq.

Marcos A. Perez ‘90, MBA ‘00

Carlos A. Sabater, CPA ‘81

Rosa L. Jones

Veronica Cervera Goeseke

S. Lawrence Kahn, III

Danny Pino ’96

Adalio T. Sanchez ‘87

Albert R. Maury ‘96, B.Acc. ‘02

Neal O. Amdur*

Leon J. Ell *

Roz Kovens

David L. Perlman*

Norman R. Weldon

John K. Aurell

Catherine H. Fahringer

William M. Lehman, Jr.

Ricardo Nuñez-Portuondo

Gerald Thomas Wolfe ’80, ‘86

Oscar Bustillo

Stanley J. Glaser*

Morris Levitt

Earl W. Powell

Sonny Wright

Jordan Davidson*

Gui L. P. Govaert*

Modesto A. Maidique

Joan Peven Smith

Charles Zwick

Victor I. Eber *

J. Stephen Hudson

Albert Morrison, Jr.*

Theodore Spak

Lester R. Johnson

W. James Orovitz*

Amancio V. Suarez

Emeritus Directors

Former Foundation Board Chairpersons

John K. Aurell (1971-1973)

Thomas D. Lumpkin* (1978-1980)

Robert H. Coords (1987-1988)

Patricia Frost (1997-1999)

Joseph L. Caruncho , Sr. “81 (2008-2009)

Lester R. Johnson, Jr. (1973-1975)

David L. Perlman* Chairperson Emeritus (1980-1982)

Alvah H. Chapman, Jr.* Chairperson Emeritus (1988-1993)

Sherrill W. Hudson (2000 - 2002)

Albert Morrison, Jr.* Honorary Chairperson (2010- honored posthumously)

Catherine H. Fahringer (1982-1984)

Joseph P. Lacher (1993-1994)

W. James Orovitz* (1984-1987)

David R. Parker (1994-1997)

Jay Janis* (1975-1976) Dave W. Schornstein (1976-1977) J. Stephen Hudson (1977-1978)

Herbert A. Wertheim, O.D. (1999 - 2000)

Donald E. Lefton (2002 -2004) Carlos A. Migoya (2004-2006) S. Lawrence Kahn, III (2006-2008)

*deceased We would like to thank FIU External Relations - Office of Publications and FIU Academic Imaging Services for their support and work on this project.

Art Director: Oscar Negret. Photographers: Gloria O’Connell, Miguel Asencio, Ivan Santiago.

36

Noel J. Guillama-Alvarez ‘99 (2010-2011)

Donor Bill Of Rights “It takes a noble person to plant a tree that will one day provide shade for those whom we may never meet.” – Anonymous Florida International University respects the wishes of its donors and believes donors should have full confidence in the university’s handling of their support. FIU subscribes to the Donor Bill of Rights adopted by the Council for the Advancement and Support of Education (CASE).

Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To assure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the not-for-profit organizations and causes they are asked to support, we declare that all donors have these rights: I. To be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.

II. To be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.

III. To have access to the organization’s most recent financial statements.

IV. To be assured their gifts will be used for the purposes for which they were given.

V. To receive appropriate acknowledgement and recognition.

VI. To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law.

VII. To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.

VIII. To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors.

IX. To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share.

X. To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.

Developed by Association of Fundraising Professionals (AFP), Association for Healthcare Philanthropy (AHP), Council for Advancement and Support of Education (CASE) and Giving Institute: Leading Consultants to Non-Profits.

T h e FIU F o u n d ati o n , I n c .

M o d e s t o A. M a i d i q u e C am p u s • 11200 S.W. 8 t h S t r e e t , MAR C 540 • M i am i , F l o r i d a 33199 P h o n e : 305-348-6298 • F a x : 305-348-3337 f o u n d at i o n . f i u . e d u