UC Foundation FY17 Annual Report: Rise to Shine

RISE TO

Shine ANNUAL REPORT Fiscal Year 2017

On the Cover: Photo by Michael E. Keating. Christian R. Holmes Memorial Sun Dial. Sculptor: Ernest Bruce Haswell.

The sundial, located at the UC Health Holmes Hospital adjacent to Albert Sabin Way, was commissioned in 1928 as a tribute to the late Dr. Christian R. Holmes. Dr. Holmes advanced the era of modern medicine in his adopted city of Cincinnati, and his legacy lives on throughout UC’s campus; four endowed funds were established in his honor by his wife, Bettie, and friends. The sundial’s inscription—Time wreathes him and challenges you—encourages those to follow Dr. Holmes’ example of service, leadership and humility.

24 Hours of Excellence at UC and UC Health A typical day at the University of Cincinnati and UC Health is anything but typical. Faculty members support young minds and dreams.

Physicians save lives. Researchers devise solutions to tomorrow’s problems. Student-athletes push the limits of body and mind. Leaders are forged.

Artists find their voice. Global connections are made locally. Patients feel like family.

You help them rise, so the world can shine.

The UC Foundation fundraises on behalf of the University of Cincinnati and UC Health.

Letter from the Board Chair We are pleased to report that significant progress was made during the year to secure support for major initiatives of the University of Cincinnati and UC Health.

Contributions totaled $139.6 million for the fiscal year ending June 30, 2017, as detailed in charts on Page 45. In addition to this monetary support provided by 35,618 donors during the year, the university received significant gifts-in-kind, including the archives of civil rights leaders Marian and Donald Spencer and an extraordinary gift of software from Siemens PLM Software to establish an innovative simulation and modeling center that will greatly benefit students and faculty in the College of Engineering and Applied Science.

But beyond the “numbers” is something more important to share­—the impact of your philanthropic support on the lives of our students, patients and all who serve them. In the following pages you will read amazing stories, beginning with Cynthia Dowell’s dedication to her patients at the UC Health Barrett Cancer Center and the quest by the Cincinnati Cancer Center to seek National Cancer Institute designation to address the ever-growing incidence of cancer in our region. You will read about Amanda Mette’s struggle with epilepsy and the extraordinary care she received at the UC Gardner Neuroscience Institute. Student-athlete Sam Rodgers recounts her sixhours-per-day practice schedule in Fifth Third Arena and how a scholarship makes it all possible. Alberto Jones overcame great adversity to find his passion because of the generosity of donors to scholarship funds. These stories and others will warm your heart and highlight the way philanthropy plays a crucial role elevating and enhancing the lives of our students and patients.

On behalf of the Board of Trustees and the dedicated professionals at the UC Foundation, we extend our thanks to all our donors and volunteers. With your continued support, even more stories of our students and patients rising to shine will be written!

Bob Fealy, Bus ‘73 Chair, University of Cincinnati Foundation Board of Trustees

Table of Contents Impact Stories.............................................................................. 10 Financial Report........................................................................... 44 Investment Overview................................................................... 46 Year at a Glance............................................................................ 52 Leadership.................................................................................... 56 Ways to Give................................................................................. 60

“UC shines as a center of education, research, innovation and urban partnership that rises up to the many challenges our world faces—today, tomorrow and beyond.”

–NEVILLE G. PINTO, PhD PRESIDENT, UNIVERSITY OF CINCINNATI

“As the region’s academic health system, UC Health exists to advance healing and reduce suffering through the highest level of sub-specialty medical care, ground-breaking research and world-class education. This timeless purpose is as strong and alive today as it was when our journey began nearly 200 years ago.”

–RICHARD P. LOFGREN, MD, MPH, FACP PRESIDENT AND CEO, UC HEALTH

In early 2017, The New Yorker magazine featured a cover image, “Operating Theater,” a patient’s view of four female surgeons. Shortly after, real-life | across RISE the TOworld, SHINE surgeons6 from including twelve UC Health surgeons, stepped up to replicate the image in what became known as The New Yorker Cover Challenge (#nyercoverchallenge).

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A Patient’s Angel 7:30 a.m. — Cynthia Dowell is on her way to work at the UC Health Barrett Cancer Center where she is a clinical services coordinator in the radiation oncology department.

Cynthia moves through the Barrett Center’s waiting room with a smile. She checks on patients, patting an arm, asking after family members, offering encouragement. She sees her job as a calling and has been known to bake a pie for a patient, give up her Reds tickets, run out in the rain for a wheelchair.

“My motto is, ‘I can’t do anything about why you are here, but I’ll do everything for you that I can while you are here,’ ” she says.

Supporting UC Health through philanthropy means more than just investing in cutting-edge research and education, it means improving the experience of patient care through employees like Cynthia.

Patients and doctors alike think of her as an angel. She insists she’s the one on the receiving end and looks forward to work every day.

“I just come in here and get filled up,” she says.

“It continues to amaze me what just being nice to people can do.”

Read more at foundation.uc.edu/risetoshine/Dowell

Learn more about the Cincinnati Cancer Center, a collaboration of the University of Cincinnati, UC Health and Cincinnati Children’s Hospital Medical Center, and the community-wide effort to achieve a National Cancer Institute designation at cincinnaticancercenter.org/give.

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The Road to Recovery 8:30 a.m. — Amanda Mette pulls her car into a UC Health parking garage for a doctor’s appointment.

Three days after brain surgery, Amanda was sitting in a coffee shop talking about her journey. At that point, she knew she was on track to resume life as a typical 20-something.

It had been challenging.

The UC alumna (BBA ’11) had been diagnosed with epilepsy in her final year of college. Medication kept her seizures in check for a few years but when they started again, her physician, David Ficker, MD, a neurologist with the UC Gardner Neuroscience Institute, advised against driving.

On the way back from that appointment, Amanda had a seizure and an accident in the Third Street tunnel. Fortunately, Amanda was fine and no one else was hurt.

Dr. Ficker suggested brain surgery as an alternative for controlling the seizures.

Because she trusted Dr. Ficker and her team of doctors, Amanda agreed.

On March 8, 2016, Amanda had brain surgery. Thanks to donor support of epilepsy research and care, she had a successful recovery. She was back at work in three weeks and driving after three months.

“UC means the world to me, especially after growing up in Cincinnati, going there for college, and going to UC Health for the best care,” Amanda says.

“I’m so thankful every single day. I can’t believe I’m here from where I was two years ago.”

Read more at foundation.uc.edu/risetoshine/Mette

Learn more about the campaign for the UC Gardner Neuroscience Institute at foundation.uc.edu/ucgni. Its new patient-centered facility is scheduled to open in Spring 2019.

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A Bearcat from Birth 12 p.m. — Sophomore Sam Rodgers arrives at Fifth Third Arena for the first of two, three-hour basketball practices in one day.

Sam is at home there. After all, she practically learned to walk at Fifth Third Arena.

An athlete since age four, Sam decided in high school that basketball was her sport. As she made her mark on the courts, UC’s Head Women’s Basketball Coach Jamelle Elliott took notice.

“Since the day I started recruiting Sam, she showed a level of maturity beyond her years,” Elliott says. “It was quickly apparent that not only could she handle the highlevel demands of being an athlete here at UC, she also has been able to excel at a high level in the classroom.”

The transition from high school to college was not without its challenges for Sam. A Food and Nutrition major, she had to learn to balance classes, practices and the new experiences of a first-year student. Having an athletics scholarship provides her the opportunity to focus on her work and sport.

“I grew up on this campus. I really couldn’t see myself anywhere else.”

Read more at foundation.uc.edu/risetoshine/Rodgers

Learn more about the campaign to renovate UC’s Fifth Third Arena at ourhouse2018.com.

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Refusing to be a Statistic 1 p.m. — Junior Alberto Jones leads a meeting of the UC Association of Black Journalists, a campus organization he helped revive.

Alberto’s path to UC was not an easy one. His earliest memories are of abuse and neglect. From age one to six, he bounced between foster care and his birth mother. At UC, Alberto uses his past hardships to fuel his motivation.

“Typically students or young black men who have suffered from adversity are not supposed to make it,” Alberto says. “But this young man right here refuses to be a statistic.”

Alberto finds inspiration in the career and story of Oprah Winfrey, who also overcame hardships in her life to achieve success. Pursuit of his dream already has helped him make a mark on campus. He helped revive the UC Association of Black Journalists and has mentored journalism students from underserved communities.

Alberto’s success is supported by scholarships. He is a 2016-17 recipient of the Jim Knippenberg Memorial Scholarship, named for the former Cincinnati Enquirer reporter and UC alumnus, and supported by Knippenberg’s friends and former colleagues.

“I have big dreams for myself,” he says.

Read more at foundation.uc.edu/risetoshine/Jones

UC’s Office of the Provost supports many student scholarships and programming. To learn more visit foundation.uc.edu/provost.

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A Hometown Student with a Global View 3 p.m. — Fifth-year student Samantha Riser leaves class at the Carl H. Lindner College of Business and heads to Tangeman University Center.

Samantha almost didn’t go to UC, but a campus tour changed her mind. A selfdescribed hometown girl who walked to school on Cincinnati’s West Side, she fell in love with UC’s energy and opportunity.

Thanks to experiences afforded by the Joseph A. Steger Presidential Scholarship and the Lindner Honors-PLUS program, Samantha’s world view has grown. She has traveled to South America, New York City, Washington, D.C., and Appalachia.

“I really hope to give back tenfold when I do graduate,” Samantha says. “I’ve been given the tools to be a successful young professional and the more I grow I’ll be able to give my time, talent and money back to the university.”

Spoken like a true Bearcat.

“I’ve literally explored the world and discovered my career passions.”

Read more at foundation.uc.edu/risetoshine/Riser

Learn more about the innovative new four-story, 225,000-square-foot building for the Lindner College of Business, scheduled to open in Fall 2019, at foundation.uc.edu/Lindner.

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Finding His Place 5 p.m. — Alumnus Vonne Bingham, A&S ’17, shares a recent update with his mentor and friend, Lisa Holstrom.

Vonne Bingham started at UC couch surfing, eventually working three jobs as a way to survive. He also ran track, leaving him with an average of two hours sleep a night.

Despite his determination, his brutal schedule wasn’t good for his grades or his spirit.

“Finally, I reached out to one of my professors who I was closest to and said, ‘I’m going to have to drop out. I’m in trouble,’ ” he remembers.

That professor was Brian Kinkle of the Department of Biological Sciences and he contacted Lisa Holstrom, the senior assistant dean at UC’s College of Arts & Sciences.

Holstrom helped Vonne secure a scholarship.

After Vonne learned of his new chance, he raced to Kinkle’s class to thank him.

“He was lecturing 450 kids, the biggest class on campus, I went right up to Dr. Kinkle and said, ‘I know what you did.’ He stopped lecturing in the middle of class and gave me the biggest hug.”

Thanks to scholarships, Vonne was able to focus on school and one job, and graduated with honors. He plans to go to medical school.

Read more at foundation.uc.edu/risetoshine/Bingham

In 2015-16, Vonne Bingham was awarded the Matthew Woodside Award and the McMicken STEM Fellowship. In 201617, he received the First Generation Student Scholarship from A&S. To learn how you can help a student through a scholarship, visit foundation.uc.edu/scholarships.

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32by|Robert RISEA.TO SHINE Photograph Flischel.

From the book: The University of Cincinnati | Architectural Transformation: Tradition and Innovation

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Designing a Lifeline 7 p.m. — Michael Ragsdale is at his alma mater, the UC College of Design, Architecture, Art, and Planning (DAAP), sharing an early prototype of his invention that helps firefighters rapidly descend from a burning building.

Michael, DAAP ’17, has spent his life seeking challenges. While serving in the U.S. Navy, he disarmed explosives, supervised dives and jumped out of planes.

Becoming an industrial design student at age 37 was a different challenge.

“Some of the stuff I did in school was scarier than jumping out of a plane,” Michael says. “It was doing things I’m not used to doing. It was learning to be something that is counterintuitive for me—thinking like an artist.”

While in school, Michael received the Phyllis C. Finch Scholarship. The support enabled him to continue his education and ultimately design a device light enough for a firefighter to carry but strong enough to use to rappel to the ground.

Bailout Systems, a descent device, is now being manufactured and marketed.

“When I walked into DAAP, I felt like I hit a gold mine,” he says.

“Immediately, I saw the future, I saw opportunity.”

Read more at foundation.uc.edu/risetoshine/Ragsdale

To support more innovative work by students and faculty, visit foundation.uc.edu/colleges.

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The World is Big and People Need Help 9 p.m. — Christian Charles finishes studying, hops on his bike and crosses the UC campus on his way home.

Christian was 13 years old when his hometown was hit by a magnitude 7.0 earthquake. The Port-au-Prince, Haiti, native experienced the resulting chaos and the loss of his school.

After seven months, school resumed in a sweltering tent.

“Working under a tent in the hot sun isn’t the best situation but I had to do it because school is important,” he says.

Now as a UC computer engineering junior, Christian is working with the tools to realize his dream of helping others. That might mean building systems that make water available closer to African villages or helping Haiti make the shift from manual to machine farming.

While his parents work hard for him to attend school, Haiti has a struggling economy and the value of its currency is low. Christian would not be able to stay at UC without help from the Houston Selvie Scholarship Endowment and the UC Global Scholarship.

“I will not waste the good that’s been done for me,” he says. “The world is big and many people need help.”

Read more at foundation.uc.edu/risetoshine/Charles

To learn how you can support UC’s international students, visit foundation.uc.edu/international.

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Welcome to the Club 2:00 a.m. — Stravinsky’s Firebird radiates from UC’s CollegeConservatory of Music as Blake-Anthony Johnson prepares for an upcoming rehearsal with the Cincinnati Symphony Orchestra.

Blake-Anthony started learning cello at 12—much older than most students—and never took a private lesson until he was 18. Despite the late start, he won scholarships to earn multiple degrees and perform around the globe.

At UC, a fellowship funded by The Andrew W. Mellon Foundation is helping BlakeAnthony and other underrepresented musicians change the face of classical music.

The CSO/CCM Diversity Fellowship includes classes that prepare fellows for the competitive audition process, five weeks of performing with the CSO, community engagement and educational activities. The fellowship helps Blake-Anthony and other fellows earn their place in the exclusive club of American orchestras.

“It gives a very visible presence that ‘oh, minorities do exist in classical music,’ ” he says. “Any kid who works hard—regardless of gender, class or race—should have the same access.”

Read more at foundation.uc.edu/risetoshine/Johnson

To learn about the innovative Diversity Fellows Program at CCM, visit ccm.uc.edu/resources/students/diversityfellowship.

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Financial Highlights UC Foundation and UC Health Foundation Combined REVENUES

2017 Total

2016 TOTAL

Contributions

72,110,627

75,249,015

University fee

11,996,517

9,865,753

Assessment fee

11,206,249

11,325,596

Investment gains (losses), net

39,378,367

(2,256,442)

Other

1,757,564

2,571,308

$136,449,324

$96,755,230

Distributions to University of Cincinnati

50,471,635

45,719,993

Operating expenses

26,561,165

23,491,831

Assessment fee

5,073,849

4,784,834

TOTAL EXPENSES

$82,106,649

$73,996,658

457,435

161,877

TOTAL EXPENSES AND OTHER DEDUCTIONS

$82,564,084

$74,158,535

CHANGE IN NET ASSETS BEFORE ACQUISITION INCOME

$53,885,240

$22,596,695

2,219,307

-

CHANGE IN NET ASSETS

$56,104,547

$22,596,695

NET ASSETS, BEGINNING OF YEAR

$463,138,626

$440,541,931

NET ASSETS, END OF YEAR

$519,243,173

$463,138,626

Cash and cash equivalents

19,653,549

21,295,522

Pledges receivable, net of allowance

94,699,382

90,393,619

Investments

405,851,400

348,347,395

Beneficial interest in assets

13,029,897

12,340,309

Property and equipment

3,209,901

4,106,753

Other assets

3,736,320

4,292,058

$540,180,449

$480,775,656

10,601,027

7,101,226

907,675

1,691,738

Trusts held for the benefit of others

1,455,514

1,368,252

Present value of annuities payable

6,619,239

6,462,009

Other liabilities

1,353,821

1,013,805

TOTAL LIABILITIES

$20,937,276

$17,637,030

NET ASSETS

$519,243,173

$463,138,626

TOTAL LIABILITIES AND NET ASSETS

$540,180,449

$480,775,656

TOTAL REVENUES EXPENSES

Change in present value of annuities payable

Excess of Fair Value of Net assets over consideration of the acquired entity

ASSETS

TOTAL ASSETS LIABILITIES Accounts payable and accrued expenses Agency payable

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Fiscal Year 2017 Commitments*

$139,646,022 in Total Funds

By Dollars NON-GOVERNMENT RESEARCH FUNDING 11%

GIFTS IN KIND (Non-software) <1%

UC HEALTH CONTRIBUTION 11%

By Purpose UNRESTRICTED 2%

SCHOLARSHIPS & FELLOWSHIPS 8% FACILITIES & EQUIPMENT 14%

ACADEMIC PROGRAM SUPPORT 76%

NEW COMMITMENTS 56%

By Use Type FACILITIES 14%

DEFERRED GIFTS 22% CURRENT USE 66%

ENDOWMENT 20%

Fundraising History with Campaign Averages* Years 1975 – 2017 MILLION $200 TOTAL COMMITMENTS CAMPAIGN AVERAGES $150

$100

$50

$0

1975

2017

*Prior year fundraising totals have included software in-kind donations. As counting standards have evolved, we have followed suit.

This data has been normalized to reflect totals without software donations.

THE UNIVERSITY OF CINCINNATI FOUNDATION ANNUAL REPORT FY17 | 45

Investment Overview From the CIO I am pleased to present the investment performance for the UC endowment as of June 30, 2017. On the following pages, we discuss investment performance and insights into our current positioning and outlook.

As I enter my seventh year at UC, I’m very proud of the progress we’ve made and the returns we’ve generated. We’ve enhanced UC’s endowment provides the university with a uniquely predictable, permanent source of funding that enables UC to:

governance and oversight of the investment program, tightened the partnership with our talented investment committee members, diversified the portfolio while improving its ability to generate gains, negotiated lower

• CONTROL tuition costs

fees with many of our investment managers,

• COMPETE with other universities for top students and professors

and generated investment returns that

• FACILITATE long-term planning • ENHANCE the university’s financial independence

outperform benchmarks and most other college and university endowments. We’re very pleased with the portfolio and optimistic about the next few years.

KARL SCHEER

Chief Investment Officer, University of Cincinnati

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UC’s Edge: $1.3 Billion Endowment Pool

Academic Support 11% Other 5%

Scholarships 22%

Endowed Professorships, Faculty Support 36%

Research 26%

Areas of Support

UC benefits from more than 2,000 individual endowment funds established by generous and forward-thinking donors to permanently support specific aspects of UC’s mission. Together, they represent nearly $1.3 billion in aggregate capital.

UC manages its endowments with the goal of balancing support across current and future generations of scholars and researchers. Practically speaking, this means UC seeks to provide substantial and self-sustaining funding to each

endowment’s target area while maintaining principal value so our endowments can continue to provide the same support for many decades into the future. UC achieves important economies of scale by pooling its thousands of endowments together for investment, effectively buying in bulk to reduce fees, control expenses and magnify the support endowments can provide to UC.

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The Endowment Grew $86 Million in Fiscal Year 2017 Investment Performance (as of June 30, 2017) 9% 8% 7%

8.3%

8.0% 7.3%

7.0%

6% 5%

4.7%

4.4%

4% 3%

2.2%

2%

1.7%

1.4%

1% 0% 5-Year

10-Year UC

Global 60/40

UC’s oldest endowment fund has already provided the university with more than 150 years of continuous support. Our goal is to manage all our endowment funds—from our oldest fund to our newest—so they can continue to support students and researchers for centuries into the future.

25-Year Inflation

UC’s aggregate endowment capital grew to $1.3 billion in fiscal year 2017 thanks to a combination of 13.5 percent investment gains in the endowment and more than $23 million in new gifts. We are pleased with the endowment’s investment performance over the past year (as we are any time the portfolio outperforms expectations in the short term), and we remain solely focused on producing strong returns over a long time horizon.

Global 60/40 Portfolio is comprised of 60 percent MSCI All-Country World Equity Index and 40 percent Barclays Aggregate Bond Index. Inflation is the Consumer Price Index for All Urban Consumers (CPI-U).

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Charting a Safe Path to Five-Year Outperformance For the five years ended June 30, 2017, the investment portfolio generated an 8.0 percent annualized return and outperformed a global 60/40 portfolio and inflation. The portfolio’s strong absolute and relative performance was led by gains in U.S. public equities (14 percent/year), private equity (12 percent/year), and international developed market equities (10 percent/year).

We are pleased with the portfolio’s five-year performance and view it as particularly gratifying given that the portfolio included protections against some hazards that loomed over markets, but never materialized. As one example, the portfolio included meaningful allocations to assets that would have provided strong returns if inflation had unexpectedly spiked (a meaningful probability five years ago given the size and growth of the Fed’s balance sheet). In effect, the portfolio paid for insurance against spiking inflation. Fortunately, inflation remained subdued. As such, the endowment investment portfolio prudently included safeguards against adverse events and yet outperformed a balanced equity/ bond portfolio even after the cost of that protection.

Navigating a Treacherous Decade Through Asset Allocation and Portfolio Management

Delivering a QuarterCentury of Long-Term Results Through Strong Governance

For the past 10 years, UC’s investment portfolio generated a 4.7 percent annualized gain and outperformed a global 60/40 portfolio and inflation. The last 10-year period has been an extremely difficult time for investors, dominated by the global financial crisis of 2007-09, its after-shocks, and the subsequent weak economic recovery.

UC outperformed due to a combination of asset allocation and portfolio management, both of which took advantage of UC’s access to less-liquid alternative investments.

First, UC’s top-performing asset category over the past decade was private equity, which nearly doubled the return of UC’s global public equities (8.4 percent vs.

4.5 percent annualized). Second, UC entered the global financial crisis with a safer bond-heavy allocation. Then, after successfully defending the portfolio during the crisis, UC refocused the allocation on producing gains after the crisis subsided. One key change was shifting half the portfolio’s bond allocation into diversifying strategies, which outperformed UC’s core bonds (4.3 percent vs.

2.5 percent annualized for fiscal 2012-fiscal 2017). As such, UC’s hands-on management of the portfolio and ability to hold longerterm investment assets enabled the endowment pool to protect capital during the financial crisis and thrive during the recovery.

For the past quarter-century, UC’s investment portfolio generated an 8.3 percent annualized gain and outperformed a global 60/40 portfolio and inflation. It is instructive to think of the past 25 years in two large blocks: the 15-year period from 19922007 in which financial markets generated strong returns, and a 10-year period from 20072017 that offered weak returns.

UC’s portfolio outperformed during both periods through the careful and talented oversight of UC’s experienced Investment Committee; a strong governance structure; and, for the past 12 years, a well-resourced investment office, all of which are focused on the endowment’s long-term success.

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Setting Up the Next Decade’s Performance Asset Allocation (as of June 30, 2017) 100%

Core Fixed Income

90% Diversifying Strategies

80% 70%

Real Assets 60% 50%

Private Equity

40% Global Public Equity

30% 20% 10% 0% '05

'07

'09

'11

'13

'15

'17

Over time, the investment portfolio’s asset allocation has become more diversified, enhancing its ability to protect value in adverse periods. At the same time, exposure has been increased to the most profitable long-term strategies, which enhances the portfolio’s ability to produce gains.

As we begin fiscal year 2018, the United States has experienced eight consecutive years of market gains—the longest in history.

Additionally, we observe widespread riskembracing behavior and elevated asset prices in many areas, including U.S. growth stocks, real estate assets and lower-quality corporate bonds. As a result, there are reasons for caution and we are limiting the

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portfolio’s exposure to the most cyclical, economically-sensitive and expensive assets.

All that said, it is unsurprising that the recovery from an unusually deep recession would be extended—and an eight-year market run is in and of itself no reason to expect a recession or market correction.

Moreover, investable themes exist in any

market environment and we are finding pockets of attractive value today. As such, we are optimistic about our ability to generate gains over the next few years and into the foreseeable future. And, as always, we are focusing on a long time horizon and remaining true to the foundational tenets of our investment philosophy:

VALUE • Tilting the investment portfolio toward the most compellinglypriced assets.

• Relentlessly lowering manager fees and other costs of managing the endowments.

DISCIPLINE • Rigorous, diligent manager selection emphasizing alignment of interest.

• Methodical portfolio rebalancing.

From left: Sam Ekis, Investment Director; Doreen Clark, Assistant to the CIO; David Snopkowski, Investment Analyst; and Karl Scheer, Chief Investment Officer

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YEAR AT A GLANCE Throughout fiscal year 2017, UC and UC Health celebrated transformational gifts and advances in health care­—and a new university president. We capture some of the memorable moments in this timeline.

zz UC shares preliminary renderings

of the new Carl H. Lindner College of Business building, designed by internationally renowned Henning Larsen Architects with Cincinnatibased KZF Design as the architect of record.

zz Ohio National Financial Services

and Convergys give $1 million each to benefit cancer research, treatment and clinical care through the Cincinnati Cancer Center, a partnership of the UC College of Medicine, UC Health and Cincinnati Children’s Hospital Medical Center. The gift supports efforts to achieve National Cancer Institute designation.

zz UC Libraries receives the thesis of

John Hough James, the first graduate of Cincinnati College, now UC. The gift includes an 1820 letter from Thomas Jefferson.

zz The UC College of Law’s Ohio Innocence

Project announces a record-breaking $15 million gift from Cincinnati benefactor Dick Rosenthal.

zz U.S. News & World Report names UC

in the top tier of the country’s “Best National Universities,” placing it at 135. UC is ranked 64th among top public universities.

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zz UC’s Carl H. Lindner College of

Business receives an $11 million gift for its new facility, which will be completed by Fall 2019. The largest gift in its 110-year history is from the Lindner family and Cincinnati-based holding firm American Financial Group, Inc.

zz The UC Foundation announces five

philanthropy award winners: Steve Wilson, Jim Jurgensen II, Jeri Ricketts, PhD, Sara Whitestone and Ride Cincinnati.

zz Peggy and Gary Johns receive

the UC President’s Award for Excellence for their commitment to elevating the research and care in Parkinson’s disease and other neurological diseases.

zz Timothy Johnson, founder of Johnson

Investment Counsel, announces a $5 million gift to UC’s Carl H. Lindner College of Business to equip an interactive investment lab.

zz The estate of Evelyn V. Hess, MD,

provides $2 million in support of a dedicated lupus researcher in the Division of Immunology, Allergy and Rheumatology at UC’s College of Medicine.

zz Neville G. Pinto is appointed by the

UC Board of Trustees to serve as the university’s 30th president.

zz Margaret and Michael Valentine

donate $5 million to benefit the Fifth Third Arena renovation project.

zz The lobby of the Center for Women’s

Cancer of the UC Health Barrett Cancer Center is named “The Marlene Harris and Ride Cincinnati Lobby.” Ride Cincinnati raises money to help fund breast cancer research.

zz The Oliver Family Foundation

commits $500,000 for research and patient care at the UC Gardner Neuroscience Institute.

zz Dorothy “Bunny” Wood Whitaker

and her daughter, D. Elizabeth Price, donate $3 million to establish an endowed chair within the Memory Disorders Center at the UC Gardner Neuroscience Institute.

zz The Chris T. Sullivan Foundation

pledges $1 million to launch a study for more rapid treatment of posttraumatic stress disorder at the UC Gardner Neuroscience Institute.

zz Civil Rights leader Marian Spencer

donates the Marian and Donald Spencer Collection to UC Libraries.

zz UC Health’s West Chester Hospital

is one of the first in the United States to use hip replacement surgery technology, which improves patient outcomes through increased control of implant placement.

zz Renderings of the new UC Gardner

Neuroscience Institute building at Eden Avenue and Martin Luther King Drive, designed by Perkins+Will, are released.

zz Lori and William Beer endow a

$500,000 scholarship for UC’s Carl H. Lindner College of Business.

The scholarship benefits students, with a preference toward females, enrolled in the STEM programs of information and analytics.

zz A major renovation of the Fifth

Third Arena begins. The new arena will offer a vastly improved fan experience.

54 | RISE TO SHINE

zz Andrew Czaja, UC geology professor,

zz The Epilepsy Center at the UC

helps NASA decide where to land its most sophisticated rover on Mars.

The rover will look for evidence of ancient bacterial life during the Mars 2020 mission.

Gardner Neuroscience Institute is designated a Level 4 Epilepsy Center by the National Association of Epilepsy Centers for the 12th year.

zz Joseph Cheng, MD, is named

professor and chair of the UC College of Medicine’s Department of Neurosurgery. He will lead all neurosurgery activities in the College of Medicine and at UC Health.

zz Donors and friends, faculty and staff

celebrate groundbreakings for the new Lindner College of Business building and the UC Gardner Neuroscience Institute.

UC & UC Health Leaders

NEVILLE G. PINTO, PhD

President, University of Cincinnati

RICHARD P. LOFGREN, MD, MPH, FACP President and CEO, UC Health

UC Foundation Leadership

BOB FEALY

LINDA BLEDSOE

THOMAS D. FREEMAN, MBA ‘87

DONNA GASTEVICH

Interim President, UC Foundation

Vice President & Chief Financial Officer

56 | RISE TO SHINE

Associate Vice President for Human Resources

Senior Vice President for Advancement & Campaign

LYNNETTE M. HEARD

JENNIFER L. HEISEY, A&S ’97, MEd

NICO KARAGOSIAN

DEBORAH J. ROBINSON, PhD

CARRIE WHITE

MIKE ZENZ

Executive Director, Foundation Board Relations

Vice President & Executive Director, UC Bicentennial

Vice President for Advancement Services

Vice President for Alumni Relations

Vice President for Development

Associate Vice President for Development, Academic Health Center & UC Health

THE UNIVERSITY OF CINCINNATI FOUNDATION ANNUAL REPORT FY17 | 57

UC Foundation Board of Trustees Chair

Vice Chair

Immediate Past Chair

Robert L. Fealy

William Troy Neat

Steven A. Wilson

Treasurer

Secretary

Thomas D. Freeman

Lynnette M. Heard

Elmhurst, Illinois

Cincinnati, Ohio

Cincinnati, Ohio

Ft. Lauderdale, Florida

West Chester, Ohio

Trustees Shakila T. Ahmad

Donald C. Harrison, MD

William E. Lower

Peter A. Alpaugh

Carrie K. Hayden

Rae Ann Mang

Clark E. Beck Sr., PE, ScD

Robert A. Heimann

Darrell D. Miller, Esq.

John B. Berding

Stuart G. Hoffman, PhD

Thomas E. Mischell

Elroy (El) Bourgraf

Kathryn A. Hollister

Joffre P. Moine II

Kenneth V. Byers Jr.

Gyan Jha

William B. Monnig, MD

Daniel P. Carmichael

Gary D. Johns

Shenan P. Murphy

Phil D. Collins

Timothy E. Johnson, PhD

Russell C. Myers

Patricia Klingbiel Connell

Laurence Jones III

Jacqueline C. Neumann

Sean P. Connell

Joseph P. Judge

Valerie L. Newell

Sally W. Cuni

Ruthie S. Keefe

Cora K. Ogle, PhD

Todd C. DeGarmo

Barbara W. Kellar

James F. Orr III

David B. Dillon

Robert J. King Jr.

Michael J. Paxton

Robert E. Dobbs

Marvin P. Kolodzik

Ellen Rieveschl

Dianne G. Dunkelman

William H. Krul II

Alvin F. Roehr Jr.

Brian E. Hall

Louis H. Lauch Jr.

Ryan M. Rybolt

Mason, Ohio

Cincinnati, Ohio Dayton, Ohio

Cincinnati, Ohio Cincinnati, Ohio Cincinnati, Ohio Carmel, Indiana

Cincinnati, Ohio

Elmhurst, Illinois Elmhurst, Illinois Cincinnati, Ohio Washington, DC

Kansas City, Missouri Cincinnati, Ohio Cincinnati, Ohio Cleveland, Ohio

58 | RISE TO SHINE

Cincinnati, Ohio

Steamboat Springs, Colorado Cincinnati, Ohio

Pittsburgh, Pennsylvania Cincinnati, Ohio

Louisville, Kentucky Cincinnati, Ohio Cincinnati, Ohio Cincinnati, Ohio Washington, DC

Cincinnati, Ohio Cincinnati, Ohio

Pepper Pike, Ohio Cincinnati, Ohio Dayton, Ohio

Cincinnati, Ohio

Cincinnati, Ohio

Needham, Massachusetts Los Angeles, California Cincinnati, Ohio

Santa Barbara, California Crestview Hills, Kentucky Cincinnati, Ohio Cincinnati, Ohio Cincinnati, Ohio Cincinnati, Ohio Cincinnati, Ohio Cincinnati, Ohio Naples, Florida

Covington, Kentucky Cincinnati, Ohio Cincinnati, Ohio

James A. Schiff, PhD Cincinnati, Ohio

Michael T. Schueler Maineville, Ohio

James E. Schwab

Mercer Island, Washington

Richard C. Seal Cincinnati, Ohio

Tony L. Shipley Cincinnati, Ohio

Randall E. Smith Cincinnati, Ohio

John M. Tew Jr., MD Cincinnati, Ohio

Margaret K. Valentine Cincinnati, Ohio

Sandra S. Wiesmann Chevy Chase, Maryland

Jeffrey P. Williams New York, New York

Gregory C. Wolf Dallas, Texas

Frank C. Woodside lll, MD, JD Cincinnati, Ohio

Wilbert L. Ziegler

Lynnette M. Heard Secretary West Chester, Ohio

Peter E. Landgren Cincinnati, Ohio

Teik C. Lim, PhD Cincinnati, Ohio

Richard P. Lofgren, MD Cincinnati, Ohio

Kenneth Petren, PhD Cincinnati, Ohio

Neville G. Pinto, PhD Cincinnati, Ohio

Gregory W. Rouan, MD Cincinnati, Ohio

Tina F. Whalen, EdD Cincinnati, Ohio

Trustees Emeriti Eugene R. Allspach Bellaire, Texas

James E. Blakeney Dayton, Ohio

Henry T. Brown

Weston, Massachusetts

Ft. Mitchell, Kentucky

Jack E. Brown

Ex-officio Trustees

Otto M. Budig Jr.

Robert F. Ambach Cincinnati, Ohio

William S. Ball, MD Cincinnati, OH

Margaret E. Buchanan Cincinnati, Ohio

Thomas D. Cassady

Cincinnati, Ohio Cincinnati, Ohio

Thomas E. Dewey Cincinnati, Ohio

John S. Domaschko Covington, Kentucky

John B. Goering Cincinnati, Ohio

Cincinnati, Ohio

Nancy Russell Hamant, EdD

Thomas D. Freeman Treasurer

Thomas H. Humes Jr.

Cincinnati, Ohio

Richard J. Harknett, PhD Cincinnati, Ohio

Cincinnati, Ohio Cincinnati, Ohio

David M. Lance Cincinnati, Ohio

Jerry P. Leamon

Cos Cob, Connecticut

Doloris F. Learmonth, Esq. Cincinnati, Ohio

Eva L. Maddox Chicago, Illinois

John M. Mang

Needham, Massachusetts

Jerome P. Montopoli Covington, Kentucky

Marjorie Motch Cincinnati, Ohio

H.C. “Buck” Niehoff Cincinnati, Ohio

Yvonne C. Robertson Cincinnati, Ohio

S. Jay Stewart Naples, Florida

J. Clay Stinnett

Bellevue, Kentucky

Richard E. Thornburgh Palm Beach, Florida

Woodrow H. Uible Cincinnati, Ohio

Myron E. Ullman III Montrose, Colorado

Michael D. Valentine Cincinnati, Ohio

Edward W. Wedbush

Rancho Santa Fe, California

Jeffrey L. Wyler Cincinnati, Ohio

Anthony Zingale Palo Alto, California

Denotes Herschede Society

James C. Kautz Tucson, Arizona

THE UNIVERSITY OF CINCINNATI FOUNDATION ANNUAL REPORT FY17 | 59

Ways to Give

CASH GIFTS

PLEDGES

MATCHING GIFTS

HONORARY OR MEMORIAL GIFTS

LIFE INSURANCE

ENDOWMENTS

GIFT PLANS AND BEQUESTS

PERSONAL PROPERTY STOCKS, BONDS AND REAL ESTATE AND MUTUAL FUNDS

Visit foundation.uc.edu or call the UC Foundation at (513) 556-6781 to learn more about what you can make possible at UC and UC Health.

The University of Cincinnati Foundation does not discriminate on the basis of disability, race, color, religion, national origin, ancestry, medical condition, genetic information, marital status, sex, age, sexual orientation, veteran status or gender identity and expression in its programs and activities. The complete Notice of Nondiscrimination can be found at uc.edu/about/policies/non-discrimination.

60 | RISE TO SHINE

THE UNIVERSITY OF CINCINNATI FOUNDATION PO Box 19970 Cincinnati, OH 45219-0970 (513) 556-6781 | (888) 556-8889 uc.edu/foundation