Endowment Brochure

Gift YOUR

Legacy Mission YOUR

OUR

SOUTHERNFOUNDATION 598 Harding Boulevard

Baton Rouge, Louisiana 70807

225.771.3911

TABLE OF CONTENTS 2-3......................... Endowed Scholarship Program 4-5......................... Endowed Professorship and Endowed Chair Programs 6-7......................... Donor Advised Funds 8-9......................... Felton Grandison Clark Endowed Fellowship Program

MISSION

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OUR

SECURE FINANCIAL SUPPORT for each of the five campuses of the Southern University System; PROVIDE BROADER EDUCATIONAL ADVANTAGES of our students ENCOURAGE RESEARCH among our faculty, and ADVANCE THE UNIVERSITY’S ROLE in helping to build an increasingly functional Louisiana.

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ENDOWED SCHOLARSHIP PROGRAM The Louisiana Board of Regents established the Endowed Scholarship program to broaden opportunities to increase college access and success, and to provide additional opportunities for benefactors to support Louisiana’s college and university students.

Two-year campus Student Workforce Scholarship i. for STEM students on two-year campuses ii. individual contribution of $30,000, eligible for Board of Regents match of $10,000 for a minimum corpus of $40,000 Superior Graduate Student Scholarship i. first professional degree candidates or post doctoral fellows ii. individual contribution of $60,000, eligible for Board of Regents match of $40,000 for a minimum corpus of $100,000 First-Generation Undergraduate Scholarship i. first generation undergraduate students ii. individual contribution of $60,000, eligible for Board of Regents match of $40,000 for a minimum corpus of $100,000 General Undergraduate Student Scholarship i. undergraduate students on four-year campuses ii. individual contribution of $30,000, no Board of Regents match. Minimum corpus of $30,000

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Benefactor

JOSEPH STEWART ‘59

Senior Vice President Kellogg Company (retired) Trustee W.K. Kellogg Foundation (retired) SU System Foundation Board Member

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Maringouin - Knights of Peter Claver Endowed Scholarship Southern University Baton Rouge Campus

Beneficiary

MARLAISHA HARRIS

Maringouin - Knights of Peter Claver Endowed Scholarship Awardee Southern University Baton Rouge Campus Major: Nursing Hometown: Maringouin, Louisiana

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ENDOWED PROFESSORSHIP PROGRAM The Louisiana Board of Regents established the Endowed Professorships program to help recruit and retain superior faculty whose research, teaching, and/or public service uniquely contribute to the mission(s) of their departments, their campuses, and the State. All Louisiana public institutions of higher education and those independent institutions that are members of the Louisiana Association of Independent Colleges and Universities (LAICU) are eligible to participate in the Endowed Professorships program. The program guarantees Louisiana Support Fund assistance to annually fund (two) $20,000 matches to establish (two) $100,000 professorships per year for each eligible four-year and special purpose campus, and (one) $20,000 match to establish (one) $100,000 professorship per year for each eligible two-year campus. For each endowed professorship awarded, the four-year campus has provided $80,000 in private, non-state permanently designated institutional funds. Annual funding guarantees per institution are contingent upon compliance with policy requirements related to maximum vacancy rates and numbers of full-time equivalent (FTE) faculty employed by institution.

ENDOWED CHAIRS AND EMINENT SCHOLARS PROGRAM Endowed Chairs are granted in recognition of attainment of national and/or international distinction for having made unique and significant impacts on their field through outstanding research, creative scholarly achievement, teaching, and/or service. Institutions will ensure that appointments are made only to those individuals consistent with the role, scope, and mission of the host campus and that meet the standards of eminence. The minimum level of funding for an endowed chair is $1 million. The Louisiana Board of Regents permits and encourages submissions requesting chairs of up to $3 million dollars. Campuses may choose to request $400,000, $800,000, or $1,200,000 in Louisiana Board of Regents Support Fund matching to endow chairs at the $1 million, $2 million, and $3 million levels, respectively. When the demand exceeds LA Support Fund budget, the Louisiana Board of Regents will seek supplemental funding from the Legislature for the Endowed Chairs program.

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Benefactor

BASF

Thomas Seagraves BASF Site Development Director Geismar, Louisiana BASF Endowed Professorship in Chemistry Southern University Baton Rouge Campus

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Beneficiary

EDWIN H. WALKER Jr. ‘93 BASF Endowed Professor in Chemistry Southern University Baton Rouge Campus SOUTHERNFOUNDATION -5

DONOR ADVISED FUNDS (DAFs) Donor advised funds (DAF’s) provide individuals with the opportunity to make sizeable investments in key University or community initiatives, receive an immediate tax benefit, and then recommend grants from the fund over time. DAFs are opened with a minimum gift of $20,000. IRS description: A donor advised fund is a separately identified fund or account that is maintained and operated by a section 501(c)(3) organization. Each account is composed of contributions made by individual donors. Once the donor makes the contribution, the organization has legal control over it. However, the donor, or the donor's representative, retains advisory privileges with respect to the distribution of funds and the investment of assets in the account.

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Benefactor

CELESTE CLARK ‘75 Senior Vice President Kellogg Company (retired) Trustee - W.K. Kellogg Foundation Nutrition and Food Management Donor Advised Fund Southern University Baton Rouge Campus

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BRITTANY HOWARD Nutrition & Food Management Scholarship Awardee Southern University Baton Rouge Campus Major: Dietetics Hometown: Dallas, Texas

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FELTON GRANDISON CLARK ENDOWED FELLOWSHIP PROGRAM The Felton Grandison Clark Endowed Fellowship fund was established to generate significant annual investment income to support the advancement of Southern University’s mission, promote a financially sustainable business model, and engage benefactors with a shared interest in the sustainability of higher education at Historically Black Colleges and Universities. A cash or planned gift of no less than $100,000 is required for the distinguished fellowship and a cash or planned gift of no less than $10,000 is required for the regular fellowship. To establish a planned gift, a benefactor provides documentation that names the Felton Grandison Clark Endowed Fellowship Fund of the Southern University System Foundation, as owner of a planned gift. The planned gift must have a cash value of no less than $100,000 for the distinguished fellow or $10,000 for the regular fellow.

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HALL IV AND CECILE DAVIS 2016 Felton Grandison Clark Endowed Fellows

JAMES SR. ‘ 69 AND BETTY ‘70 BROWN 2015 Felton Grandison Clark Endowed Fellows SOUTHERNFOUNDATION - 9

VALDRY CENTER FOR PHILANTHROPY ENDOWMENT FUND MISSION The Valdry Center for Philanthropy (VCP) at Southern University seeks to educate the socially conscious student, volunteer, and practitioner in the emerging field of philanthropic studies, through exploring the economic, historical, and philosophical rationales for voluntary action in the local, national, and international arenas.

CURRICULUM OBJECTIVES Philanthropic studies provides a theoretical framework and practical knowledge about the whys of giving and volunteering, as well as the how to of working within organizations and civil society to create change. The Center is guided by focusing on its seven strands of work: degree programs, social entrepreneurship, faith based programming, capacity building, seminar and certificate programs, educational initiatives, and research.

CAPSTONE SOCIETY DONOR WALL By way of your gift, at the $25,000 level to be paid over a five year period, we will engrave your name, or that of someone you would like to honor, on the Capstone Society donor wall located in the mail lobby of the Valdry Center for Philanthropy.

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Benefactor

LEON VALDRY ‘57 President and CEO Holly Park Plaza Beverly Hills, California The Valdry’s philanthropic impact has influenced giving throughout the Southern University System for more than 50 years. The Valdry Center for Philanthropy at Southern University acknowledges the sizeable contributions that Leon, Warren and Virginia Valdry have made to their alma mater, and the need to support excellence in education at Historically Black Colleges and Universities by endeavoring to create a culture of philanthropy, promote racial equity, and provide a trained workforce to help direct volunteer action and charitable resources toward communities in need.

Benefactors

WARREN AND VIRGINIA VALDRY ‘59 President Valdry Group Real Estate Investment Los Angeles, California

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