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ANNUAL REPORT .2012.


The DeVry University Education Fund scholarship helped me pay my tuition, encouraged me to keep a good grade point average and enabled me to achieve my educational goals. I’m thankful for that.

CARMEN MERCADO Class of 2013, Technical Management Program


On behalf

of the DeVry University Education Fund Board of Directors, I am pleased to present the Fund’s inaugural Annual Report. Going through the pages of this report, you will see how the Education Fund supports our students through scholarships. Through the generosity of our many donors and supporters, students who need this support more than ever can continue to pursue their academic and career goals. Because of our contributors, the Education Fund is having a positive impact on the lives of our students. This past year was full of “firsts” for the Education Fund. In 2012, the Fund surpassed the $1 million mark in funds received. Also in 2012, the Education Fund awarded a record $123,000 in scholarships, made possible in part by new fundraising opportunities. As an example, our inaugural golf outing was attended by many corporate partners of DeVry University and raised over $200,000, which will fund future scholarships. This past year also saw a record number of scholarship registrations, applications and awards issued to students. In addition, the Board agreed to expand its membership; new members are slated to join the Board and contribute their insights to help further the mission of the Education Fund. As our world continues to be more interdependent, the need for a solid education becomes more evident. Through the generous support of DeVry colleagues, alumni and other partners, students who demonstrate need and academic achievement can be granted assistance. The Education Fund provides the opportunity for students to focus squarely on improving their lives — and the lives of their families — through the power of education. Thank you for supporting our efforts to grow the Education Fund and foster student success.

Tom Babel Chairman DeVry University Education Fund

Board members: Jim Hartwig Network and Communications Management Consultant

Front cover:

Meg MacFarlane Retired Motorola Executive

Mariana Sandoval, Class of 2013, Business Administration Program

Don Morris, Esq. Of Counsel, Mayer Brown LLP


The DeVry University Education Fund is a 501(c)(3) organization that strives to keep education within reach by providing financial support in the form of scholarships to DeVry University students.

BACKGROUND To provide scholarships to continuing students, especially those with both great financial need and successful academic track records, the DeVry University Education Fund was established in 2000. The Fund is a not-for-profit organization that operates in concert with, but as a separate entity from, DeVry University. Although DeVry University provides scholarships, loans and grants, many students still need financial assistance. The Education Fund strives to help students bridge this financial gap. Education Fund scholarships are awarded to current DeVry University and Keller Graduate School of Management students. Many of these students, in spite of facing the challenges of dynamic personal situations and complex schedules, continue their

education to advance their professional ambitions. The Education Fund supports student success by helping qualified students achieve a higher education and invest in a better future. The DeVry University Education Fund awards both restricted and unrestricted scholarships. Restricted scholarships are made possible through substantial donations from corporate partners, alumni and DeVry colleagues who may choose to start a named fund to memorialize a friend or loved one. Restricted scholarships may be allocated for students at specific campuses or in certain degree programs. Unrestricted scholarships are based on funds received from donors and are awarded to qualifying candidates throughout the University regardless of program of study, location or other specific criteria.


“

The DeVry University Education Fund was essential to my personal growth, and more importantly, it gave me the opportunity to show my daughter the true value of higher education.

DAVID KRYZAK

�

Class of 2012, Multimedia Design & Development Program


The scholarship inspired me to finish school and gave me the confidence to know that wherever I set my dreams, reality would follow.

VANESSA RISPER

Class of 2012, Health Information Technology Program


HIGHLIGHTS The DeVry University Education Fund celebrated a number of notable successes in 2012: the creation of the Fund’s website, a record number of scholarship applications and scholarship awards totaling $123,000.

DeVry University Education Fund Website This past year, the Fund launched a new website, www.DeVryUniversityEducationFund.org, which provides a single access point and source of information for students and prospective donors. Visitors can make a donation, apply for scholarships or submit questions to the Education Fund staff. The site, which is updated quarterly, also features recognition and expressions of gratitude to contributors, provides highlights of activities and honors scholarship recipients.

Scholarship Application Automation In 2012, an online scholarship tracking and reporting system was launched, allowing a more efficient process for student applicants and the Education Fund’s administrative staff. This web-based system provides the opportunity for applicants to readily identify available scholarships, and to complete and submit applications electronically. Administratively, all applications in 2012 were processed, reviewed and scored online.

Scholarship Awards Applications for Fund scholarships were accepted December 1, 2011 through February 15, 2012. Communications to all eligible students were distributed several times throughout the application period. The result was an unprecedented number of registrations and applications. In all, 4,734 registrations and 998 applications were received. The abundance of qualified applicants resulted in all 93 scholarships being awarded, at a value of $123,000.

Scholarships Issued and Year-End Balance $800,000

$600,000

$400,000

$200,000

2001

2004

2007

DUEF SCHOLARSHIPS ISSUED*

2010 DUEF YEAR-END BALANCE

*scholarships issued in subsequent calendar year

2012


CONTRIBUTIONS Sources of Contributions · Alumni and Family/Friends of Alumni · Corporate Partners · DeVry Colleagues and DeVry University Match · Outside Leaders and Others · Grants and Foundations (future plans)

Contributions in 2012

As a way to enhance support from our corporate partners, the Fund launched its inaugural golf outing fundraiser in 2012. Held at Hinsdale Golf Club in Clarendon Hills, Illinois, this event provided an opportunity for our corporate partners to enjoy a day with DeVry senior leadership. The event resulted in a net contribution to the Education Fund of more than $200,000. Due to its success, this event is planned to occur on an annual basis. In addition, DeVry colleagues across the country embodied the desire to help students through expanded support of the Education Fund. The results of the colleague participation program and employee payroll deduction contributions to the Education Fund in 2012 reflected tremendous growth and commitment. Colleague participation grew more than 1,000 percent from 2011. At the end of 2012, 9.9 percent of DeVry University colleagues were participants in this program. DeVry University matches colleague donations up to $100,000 each calendar year. In 2012, more than 500 colleagues participated in the Education Fund, contributing $52,504.

Historical Sources of Contributions $400,000 ALUMNI & FRIENDS

DeVry Colleagues & DVU MATCH

CORPORATE PARTNERS

OTHER

$300,000

$200,000

The Education Fund expanded fundraising efforts to engage corporate partners and DeVry colleagues in 2012. These efforts proved highly successful in obtaining funds to further assist students. As a result, the December 31, 2012 year-end fund balance increased 62 percent from the prior year, with the largest growth reflected in contributions from corporate partners and DeVry colleagues.

$100,000

2001

2004

2007

2010

ALUMNI & FRIENDS

DeVry Colleagues & DVU MATCH

CORPORATE PARTNERS

OTHER

2012


I look forward to the day when I’ll be able to help those who are less fortunate… to show struggling communities that there’s a path to real opportunity.

KINZA SKINNER

Class of 2013, Technical Management Program


We would like to thank all those who contributed to the Education Fund in 2012.Without their support, the opportunity to provide students with scholarship assistance would not have been possible.

Private Donors Christine Adams Michelle Adkins Mario Alvarado Wendy Anderson Adenor Aragao-Filho Dominic Arcaroli LaTonya Armstrong Semmie Asrat Tom Babel Denise Babicz Andrielle Baggett Devona Barnes Caree Bash Jim Bassi Ivan Baublitz Amanda Bellino Susan Ben Runez Bender Julia Bennett Michael Bennett Zachary Benson Paul Bierbauer Nicole Bird John Birmingham Kelley Blair Craig Blanchfield Phillip Blas Jonathon Blauvelt Marzena Blizniuk Albert Bodero Heidi Bogner Richard Bollinger Threse Bonnan Richard Borowiak La Barron Boudreaux Britt Bowe Melody Bowles Tina Boyd Kimberly Brandt Kevin Brankin William Branson James Brintnall Stephanie Bronsky James Brooks Amala Brown Marie Brown Matthew Brown Steven Brown Lori Bryant

Sandy Bundy Robert Bunge Nicole Burch Max & JoAnne Burris Vicki Bynon Maria Caballero Jennifer Cadman Kayme Canaii Joseph Cantoni F. Caruso Jr. Kelly Cavanagh Jim Cecala Jennifer Chadwell David Champion Starr Chapman Michael Chase Christopher Chavez Abour Cherif Shingai Chigwedere Cheryl Chisholm Ken Cho Ron Cimo Zandra Clevert Eugene Coit Tracey Colyer Kiiva Copeland Joseph Coppola Barry Crawford Vincent Crivellone Tamara Cross Michael Cubbin Antoinette Cuppari Daniel Curry Laura Dagys Pamela Daly Michele Danza Sharon Darden Udayan Das Michael De Pace Emily Dean Matthew Dearsman Cathy Dees Keely Denenberg Carol Dietrich Jack Dishman Shaheed Diwan Majeda D’Rozario Mary DuBoise James Dugan

Patricia Duncan Amy Edwards Kenya Edwards William Edwards Amber Eidson Lawrence Eisenberg Carole Eldridge Reda Elias James Emrath Patricia Entesari Lee Erickson Lisa Erickson Roberta Fagan Lana Fahoum Abbigail Fazio Glenn Ferdman Jesus Fernandez Yessenia Figueroa Ryan Fissel John & Kathryn Fitch Heather Flynn Diane Folliard Stephen Ford Carolyn Franklin Lloyd Fraser Susan Friedberg Dennis Fulton Jacquelin Galbraith Amber Garcia Esmeralda Garcia Steven Garnica Melissa Gawlik-Stadt Diane Gaylor Amanda Geist Junior Gentles Roseann George Scott Gessford Raouf Ghattas John Gibbons Ann Gilbert Jason Glaser Clarence Glenn Martin Gloege Letroy Glover Ana Glowa Sean Gnecco Lasharita Golden Maritza Gomez Larelle Gonzales

Kerry Good Kim Grable Lynne Green Chris Grevesen Tanya Griffin Daniel Grigoletti Joshua Grinstead Jennifer Groh Julia Groves Ann Grube Elvin Hacker Julie Hagemann Christine Halsey Daniel Hamburger Mary Hanover Kathy Harmon Bianca Harris Carl Harris Amy Harth James Hartman Jim Hartwig Felicia Haslom Miriam Hassan Renee Heider Deborah Helman Susan Henning Michael Henson Giselda Hernandez Kate Hernandez Sonia Hernandez Bruce Herniter Paula Herring Bronze Hill Edwin Hill Constance Hillgard James Hinkel Cherie Hogan-Jackson Barbara Anna Holal Mischelle Holt Cindy Holtz Michael Horina Fatemeh Hosseini Mary Hoyt Jamie Hrobowski LaTonya Hughes Robert Hulme Donald Ingram Matthew Inman Alan Insley


Christopher Ionta Linda Isabel Susan Ishii Derrick Jackson Ralphine James Jean Janeri Phillip Janeteas Jacob Jarvis Jamie Jaynes Elizabeth Jendral Andrew Jeon Michael Jerrow Lovise Jiles Nancy Johnson Tracy Johnson Adena & Eric Johnston Annie Jones Krystyna Kalata Michael Kalka Paul Kanalas Kim Kane Kisha Keeney Ryan Kelly Robert Kenmore Robin Kessler Joseph Keum Muhammad Khan Alexis King Jamie King Judith King Kathleen Kneeland Clyde Knight Marlee Kobzej Marie Kohler Jennifer Kolar Elizabeth Koliba Caroline Krok Robert Kropidoski Ewa Krynski Karin Kushino Chelsey Kuzyk Tammy Kyriakopoulos Susann Kyriazopoulos Nancy LaChance Folorunso Ladipo Yuk Kwan Lai Beth LaMasters Karen Lapka Caterina Larucci Shellie Laws John Lawson-Bradfield Michael Lazowski Pauline Lee Garth Lengel Christine Lewinski Rosa Lopes-Whitehead Jill Lopez Joanna Lopez Donna Loraine Cynthia Lorraine-Paske Donna Lue Hing Leslie-Ann Lukoma Blerim Lumani Cherryl Lurtsema Meg MacFarlane Cheri Maea Daniel Manno Ashley Markley Aaron Marshall John Martin Kimberley Martin Kal Massad Annette Mather William Mathias Ronald Mathis Kelley Mauk

Vicki May Rebecca McAlister Kay McCabe Regina McCary Amy Mccoy Kathleen McCullough Edward McDermott Caryn McFerren Dyan McIntire Brett McKamey Renee McNeil William McNelis Karen Means Richard Meerman Marissa Mendez Lorene Mendicino Melissa Merida Michael Merriman Patricia Meyer Deena Miers Michael Milford Lindsay Miller Mary Millerick Mokhtar Mofidi Sumaiya Mohiuddin Richard Monbrod Amber Moore Carrie Moore Francis Moore David Mordini Jenny Morgan Joana Morgan Don Morris Douglas Morse Susan Moss Greg Mrofcza Polly Murphy Danielle Nagel Eileen Nance Jill Nelson James Nerison Laura Newman Jennie Nguyen Sheryl Nichols Darlene Norton Joan Nurse John-Deane Nwafor Donald Oblazney Jr. David Ocampo Rosaura Ochoa Terrell Odom Douglas Offutt Joseph Oliver Jason Olsen Medeina O’Neal Deborah Opie Erika Orris Vanessa Ortega Sandy Overlin Ruth Pacheco Darryl Padgett Joshua Padron Teresa Page Cyndy Palmer Glenn Palmer Robert Pandel Steven Pappageorge Robert Pauer David Pauldine Courtney Payton James Peacock Kate Pelchat Reed Pendleton David Phipps Carmencita Pile Sue Polz

Todd Pombert Veerendra Ponduri Peter Powell Elisabeth Power Nicholas Powers Dharamvir Prasher Deb Preston Allyson Price Janice Priest Jared Pugh Kathy Purvis John Race Ruben Ramos Marcus Rasco Kazi Rashed Meghan Raver Srimannarayana Ravinutala Rosemary Reardon Johanna Rebman Rajasekhara Reddy Cheryl Reyes Isaiah Richardson Steve Riehs James Rielley John Robinson Marquettia Robinson Timothy Rodgers Debra Rodriguez Aaron Rogers Shyvonne Rogers Jason Rossi Raymond Rothlisberger Thomas Ryan Sarah Sagaro Sunil Samanta Sandra Sanchez C. Sanders Consuela Sanders Phenesha Sanders Dena Sandy Tiana Santos Nugroho Santoso Mohamad Saouli Robert Sarvis Patricia Sawyer Penny Schafer Penny Scheid Timothy Schneider Travis Scruggs Nils Sedwick Adrian Shapiro Kenneth Shemanske Peter Sherman Nicole Shillingford Samina Siddiqi Delesia Silva Daniel Simon Madeleine Slutsky Antwan Smart Emily Smith Stanley Smith Carolyn Snyder Evelyn Soto Debbie Spear Raymond St. Pierre John J. Stachniak Diana Stavinoha Albert Stefurak William Stephens Maeghan Stewart Michelle Stipp Robert Stockdale Jamie Stoik Micah Stone Stanley Stout David Stowe

Phyllis Stowe Yolande Stringfellow Amanda Strombeck Simon Sultana Ashleigh Sutton Charisa Sutton Mohammed Taher Stephen Tarnoczy Curtis Taylor Steven Temple Tanya Terrell Charles Terry Catherine Thomas Charles Thompson James Thorpe Tammra Tomaiko Kathrine Henson-Mack Tormos Michael Townsley Tanika Travis Melinda Trempus Brad Trnavsky Elizabeth Truelove Jerome Tuisl Marquita Turner Kim Valencia Stacey Valuch Mark Van Daele Jaime Van Deventer Michael Vasilou George Vazanellis William Veber Maria Villalon Christopher Vock Karalyn Voelkner Kirsten Vogeley Russ Walker Sandra Walker Cathy Warner Lloyd Washington III Kelly Wasilevich Adele Webb Stacey Weinstein Valori Weinstein Sharon Wellington Ashley Wells Hampton Whatley Karen Wherry Amber Whisenhunt Warren White Dawn Whiting Dianna Wiggins Sean Wiggins Bruce Williams Jeffrey Williams Chivas Wilson Sue Winfield Charles Wiseman Madhulika Wishard Laura Wisniewski Lisa Wolfe Michelle Mercurio Woodcox Stephanie Woodson Julia Woodward Sean Wright Maria Wrobel Janet Wynn Choo Yaj Pao Yang Mary Yoho Joseph York Robert Zacny Nicole Zaper Gina Zappariello Mary Zoch


Corporate Partners and Donors AcademixDirect

Interior Construction Group, Inc.

A.H. Management Group

Leo Burnett

Alumni Association of DeVry University

Liberty Mutual Insurance

Automated Information Systems

McAfee

Burwood Group

Monster

Campus Explorer

MSL Chicago

Canon Business Services

Newmark Grubb Knight Frank

CareerBuilder

Panduit

CDW Group

Perceptive Software

Cisco

PNC Bank

Clune Construction Company

Pro Star

CollegeBound Network

Radicle

Delta Initiative

Remilon

DeVry University

Salesforce.com

DowLohnes Government Strategies, LLC

Schlumberger

Exclaim

Seyfarth Shaw LLP

Follett Higher Education Group

Sigma Systems

Google

TARGUSinfo

Henricksen

Technotribe

Hewlett-Packard

UPS

InsideTrack

Wilson Elser Moskowitz Edelman & Dicker LLP

Interior Architects

For further information regarding the DeVry University Education Fund, please contact: John J. Stachniak National Director, Alumni Relations 630-515-5485 jstachniak@devry.edu

Š 2013 DeVry Educational Development Corp. All rights reserved.

Ron Cimo Senior Manager 630-515-3100 rcimo@devry.edu

2012 annual report final copy  
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