May 4, 2016

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See EURECA special coverage on pgs. 11-16. May 4, 2016 | Midwestern State University | thewichitan.com | Your Campus. Your News. | Vol. 80 No. 27

Graduation

TOTAL ENDOWMENT 2012-2013 | $63,582,196 • 2013-2014 | $ 73,514,557 • 2014-2015| $ 68,154,607 • 2018-2019 (goal) | $80,087,716 (SOURCE: BOARD OF REGENTS MEETING PACKET)

University relies on donors for funding ROBERT HILLARD REPORTER

FRIDAY, MAY 13 3 p.m. | Fain Fine Arts Theatre Senior mass communication students will present their documentary projects at a public screening at 3 p.m.

SATURDAY, MAY 14

T

he $100 million university budget when it comes right down to it it is built on three main sources and revenue: state appropriations, tuition and fees, and fits/ grants. Outside the annual budget, administrators also maintain an additional $70 million–the university’s endowment, money that often comes from large donations. Through it, donors, including alumni, friends, parents, faculty, staff, corporations and trust foundations, including buildings like the Dillard College of Business Administration Building and expansions such as the one to McCoy Engineering Hall. Historically, families with ties to the oil and gas industry, including the family of Hollis R. and Donna Sullivan, have been the school’s largest donors. Sullivan started his own oil company Hollis R. Sullivan, Inc. in 1990 and later donated $1 million to MSU athletics, the largest gift received in the history of the MSU athletics program. Howard Farrell, vice president for university advancement and student affairs, said most of the school’s big donors are associated with the oil and gas industry. “The over amount of big dollars and I mean the big dollars that the school receives — the $5, $6, and $7 million donors — are really connected to the oil and gas industry,” Farrell said. “No surprise there. A lot of it is old money and I mean it in a good way because it’s businesses that have been in the industry for decades.” More recently, however, the oil and gas industry has had to lay off more than 200,000 employees and the number continues to rise, according to the Houston Chronicle. Farrell continued. “It’s no surprise to anyone how depressed the oil and gas industry is. Has it affected us? You bet it has. Will it affect

9 a.m. Doors open to MPEC. Graduates should arrive no later than 9:15 a.m. Graduates will wear a formal academic gown and mortar board. Tassels should be worn on the right and will be shifted to the left together, except for master’s candidates who will wear their tassel on the left the entire ceremony. 9:30 a.m. Faculty meet in MPEC Parade Marshal Ranette Halverson and Yoshi Fukasawa PHOTO BY TOPHER G. McGEHEE | THE WICHITAN

10 a.m. Ceremony begins

Bev Bolin met with members of the inaugural class from the Bolin Graduate School of Petroleum ­Geology at a ­lunch­eon May 3.

Kay Yeager Coliseum 1000 5th Street

us forever? No. Texas goes up and down. We have donors from every state. We have international students that come here.” Farrell said people in the community are donating money because they believe in the vision that MSU has for the university. “It’s not that our donors were all Midwestern graduates, but they really feel good about the vision of the university other communities would kill to have a first class university amongst their midst. They really liked what we were doing they felt connected to the institution.” And while university officials still depend on memorable donors Farrell, who is retiring in August said he is continually seeking new donors. The new residence hall available is for new donors who would like to put their names on a part of the new addition to MSU. It is a continuous cycle for MSU to connect to people. Farrell said he is even looking for donors for the mass communication building that’s

675

under construction. “We’re in the process right now of getting people to donate to the new residence hall naming halls of these people. It never ends, that’s the beauty of it. I’m always out talking to people. We spend a lot of time of informing people of who we are. We are trying to find someone right now to put their name on the Wichitan structure.” Suzanne Shipley, president of MSU, said the retirement of Farrell will have an effect on the school because of the connections he has made with people. “Every loss effects the school and Howards been the face of Midwestern for quite a while and I think he will continue to be because he really loves this university. I think the challenge will be to gain the greatest depth of understanding of donors we can as a team and call Howard when we need him and say, Howard help us out, but I think you have turn over

TOP 10 UNIVERSITY DONORS Kay Dillard | James N. McCoy | Robert D. Gunn | Billie D. McAda | Aurora Bolin | Alfred B. Guinn | Peggy Kimbell Beverly W. Bolin | Hollis R. Sullivan | Peyton S. Carnes (SOURCE: HOWARD FARRELL, VICE PRESIDENT OF UNIVERSITY ADVANCEMENT AND PUBLIC AFFAIRS)

see DONOR pg. 4

approximate number of graduates SPEAKER

Michael K. Obeng, 1997 MSU graduate in chemistry, will deliver the commencement address. Obeng is a plastic surgeon at Cedars-Sinai Hospital in Los Angeles, California. RECORDING The ceremony is being recorded and will air on digital Channel 2 or QAM 11.1 at 11:30 a.m. and 6 p.m., May 17 through May 20. DIPLOMAS Graduates may pick up diplomas beginning June 7.


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