REDEFINING NEXT
ANNUAL REPORT
Fiscal Year 2018
The UC Campus Recreation Center is located in the heart of UC’s Uptown West Campus. The CRC and its offerings represent more than a fitness location; it’s redefining the student experience as a place to grow and thrive. As students and the community evolve, classes, special events, camps and more shift to meet those needs. The CRC, opened in 2006, features housing, classrooms, restaurants and recreation space.
On the cover: Photo by Chris Radcliffe. UC Campus Recreation Center.
REDEFINING NEXT
The University of Cincinnati Foundation
ANNUAL REPORT
Fiscal Year 2018
AT THE UNIVERSITY OF CINCINNATI AND UC HEALTH, NEXT PATH FOR A NEW GENERATION OF LEADERS AND AFFORDING OPPORTUNITIES TO BROADEN OUR WORLDVIEW.
NEXT MEANS EXPANDING OUR CREATIVE POTENTIAL TO INNOVATE OUR APPROACH TO EDUCATION AND PATIENT CARE.
NEXT MEANS SOLVING COMPLEX SOCIETAL PROBLEMS AND SAVING PEOPLE’S LIVES.
WE’RE NOT JUST ANTICIPATING THE FUTURE—WITH YOUR HELP, WE’RE ALREADY CHANGING ITS COURSE. TOGETHER, WE CAN REDEFINE NEXT FOR OUR REGION, NATION AND WORLD.
A LETTER FROM PETER E. LANDGREN
“What’s next?”
Have you ever asked yourself what has helped you define your next? Like all college graduates, I asked myself this very question when I was a student at this university’s College-Conservatory of Music. I had been invited to audition for a position with the Baltimore Symphony, but couldn’t afford to make the trip.
Through a donor’s generosity, I received $78 to cover some of the cost and take my audition, and it was that small sum of $78 that changed my life forever.
My life’s dream was to play French horn in a major symphony orchestra. That $78 allowed me to not only achieve that goal, but to forge a career as an arts educator, becoming a leader of my alma mater, and now, serving UC and UC Health through the UC Foundation.
With philanthropy comes new possibilities, and as you’ll read throughout these pages, your support of UC and UC Health is redirecting the future in ways we never thought possible, and allowing others to create their own next.
You’re cultivating diversity, granting scholarship opportunities and innovating how our faculty teach. You’re tackling student hunger, and ensuring that cancer ends here in Greater Cincinnati.
None of this is possible without you—your interest, your passion, your unwavering support. Thank you for sharing in our commitment to redefining what’s next and reimagining the bestpossible future for our campus, community, nation and world.
Peter E. Landgren President, University of Cincinnati Foundation Vice President for University Advancement, University of Cincinnati
A LETTER FROM W. TROY NEAT
If you follow me on Twitter, you know that my handle is @bearcatroy—it’s a testament to my love for my alma mater. This passion extends to my position as board chair of the UC Foundation, where I have a front-row seat to all of the great relationships that are the glue of our unique university and academic health care system.
I’ve also witnessed the connections the Foundation and Alumni Association staff make with alumni, donors, students and volunteers. These bonds lift up and enrich our shared vision for the future, which is guided by UC’s strategic direction, Next Lives Here.
When I reflect on the generosity of Bearcats like yourself, I think about the community you’re building and empowering through philanthropy. In aligning your passions with UC and UC Health, you’re supporting students, patients, research, facilities and the future. Philanthropy is our state of mind, and I’m pleased to share that our designated days of giving—UC Day of Giving and #GivingTuesday—inspired Bearcats from across the country to give in fiscal year 2018.
On behalf of the UC Foundation Board of Trustees, thank you for bending the future through your generosity. It’s a fantastic time to be a Bearcat!
W. Troy Neat Chair, University of Cincinnati Foundation Board of Trustees
LEADERSHIP
UC, UC Health and UC Foundation leadership. Personal stories highlight how
YEAR AT A GLANCE
Memorable moments at UC and UC Health from fiscal year 2018.
Fundraising report from fiscal year 2018.
INVESTMENT OVERVIEW
POINTS OF PRIDE
Incredible things are happening at UC and UC Health. FUNDRAISING REPORT
The UC endowment and its performance illustrate the power of philanthropy.
WAYS TO GIVE
There are many options to make your mark at UC and UC Health.
“The world is changing at accelerated rates every day, and we need a new generation of leaders who can solve its challenges.
“Innovating how we think, learn, teach and lead allows our university to seize these opportunities to have a global impact. Together, we can redefine our future and show the world that Next Lives Here at the University of Cincinnati.”
–NEVILLE G. PINTO, PhD PRESIDENT, UNIVERSITY OF CINCINNATI
“The promise of academic medicine at UC Health is lived each day in our drive to discover, refine and apply new knowledge to improve outcomes for and their families—and ultimately save lives. The support of our community makes that promise tangible and immediate—it advances new research, creates stunning new environments for care and fosters visionary collaboration that can change the health outlook for our communities for generations.”
–RICHARD P. LOFGREN, MD, MPH, FACP PRESIDENT AND CEO, UC HEALTH
REDEFINING NEXT
REDEFINING NEXT BY INVENTING TOMORROW
Chara Hood is not easily discouraged. During a recent co-op with L’Oréal, the thirdyear chemical engineering student was asked to resolve why a machine wasn’t capping a shampoo bottle efficiently, a challenge she relished.
“I have a knack for looking at multiple perspectives of a problem and finding solutions,” she says. “That’s why I am drawn to engineering.”
The same determination that allowed her to conquer the shampoo cap propelled Hood to seek out UC’s Emerging Ethnic Engineers (E3), a program empowering underrepresented ethnic students in UC’s College of Engineering and Applied Science. Through E3, Hood found her best friends, connected with faculty and received a much-needed scholarship from the Marathon Petroleum Scholars program.
Marathon Petroleum, a Fortune 500 Company, has been providing E3 students with scholarship support, co-op placements and student opportunities since 2015.
As one of seven children, Hood is solely responsible for her education. She has an excellent academic record, but
Even innate problem-solvers need help, and to date 34 students, including Hood, have received scholarships from Marathon; eight students have completed Marathon co-ops.
“The Marathon scholarship changed my life,” Hood says. “Without it, I would not have been able to stay in school.”
REDEFINING NEXT BY OPENING DOORS
After 55 years of marriage, Dr. Alvin Crawford and Alva Jean Crawford still make each other laugh. Together, they’ve attended college, raised a family, built successful careers. All of this is rooted in the love and lessons bestowed by their families.
The Memphis natives learned that lifting others was part of daily life. Taking this to heart, Dr. Crawford became a pediatric orthopedic surgeon; he is Professor Emeritus in Pediatrics and Orthopedic Surgery at UC’s College of Medicine and a UC Health physician. Mrs. Crawford is a retired high school educator.
“If someone helps you and you’re on the receiving end, you real ever forget that,” Dr. Crawford says. “If you’re on the giving just feels good.”
Because of their passion for supporting students with diverse backgrounds and financial need, as well as a mutual love for education and the arts, the Crawfords created two new scholarships—one at the College of Medicine, another at the College-Conservatory of Music.
“People are assured better health care, a better life and a better retirement if they go to college,” Mrs. Crawford says.
“I want people who can help students to realize they can make a difference.”
Dr. Alvin Crawford was conferred with an honorary doctoral degree at 2018 commencement. He is pictured with UC Trustee Margaret K. Valentine and President Pinto.
REDEFINING NEXT BY SAVING LIVES
At 19, Heidi Jark endured 40 rounds of radiation for Hodgkin’s lymphoma. She spent three months living alone in a hotel while receiving treatment in Rochester, Minnesota, 350 miles away from her parents’ farm where they were tending to planting season.
Thirty-four years later, as managing director and senior vice president of the Foundation Office at Fifth Third Bank, she played a role in the decision to give $10 million toward the Cincinnati Cancer Center’s effort to achieve a National Cancer Institute (NCI) designation.
“When you think of the impact any disease has and if we can do something to improve the quality of care for our own employees and citizens, why would we not do that?” she says. “Why would we not make the investment?”
The Cincinnati Cancer Center is a collaboration of UC, UC Health and Cincinnati Children’s Hospital Medical Center. NCI designation will attract more research funding, fuel economic growth and create better outcomes
Jark credits her survival to research.
“To be able to bring more research and clinical trials here with NCI designation just opens the doors for so many more survivors. When you throw resources and great minds together, we’re all going to benefit.”
REDEFINING NEXT BY SOLVING PROBLEMS NOW
Daniel Cummins, UC’s assistant dean of students, wants to change students’ lives—but first he wants to feed them.
“Faculty and advisers were having conversations with students and saying, ‘You’re not doing well, what’s going on?’” Cummins says. “The students are saying, ‘I haven’t eaten in two days.’”
When the issue of food insecurity came to the attention of Cummins and campus leaders, they moved quickly. The Bearcat Pantry was established in fall 2017 and is led by students like Rachel Roseman (pictured at right). The Pantry has two campus locations, offering food, hygiene items and campus dining hall vouchers.
The Bearcat community has rallied behind this effort with food, volunteer hours and monetary donations. Funds raised during the first UC Day of Giving helped launch the UC Clermont Pantry. Donor support allows for the purchase of fresh food, the ability to address specific dietary needs and new initiatives such as a Bearcat Pantry Career Closet.
Daniel Cummins Assistant Dean of Students, University of Cincinnati
“Bearcats are very generous,” Cummins says. “Once folks know, their generosity comes out.”
REDEFINING NEXT BY BENDING THE FUTURE
Drew and Wendy Boyd believe three of their passions—creativity, philanthropy and UC—are the perfect combination.
The Boyds moved to Cincinnati 24 years ago for Drew’s position with Johnson & Johnson. He also became an adjunct professor at UC’s Carl H. Lindner College of Business and is now executive director of the Master of Science in Marketing program.
Drew and Wendy discussed how they could give students an edge in creativity, innovation, and subsequently, the job market.
The answer was supporting faculty.
“If the faculty are great, the students have a great experience, and they become great alumni,” Drew says.
Established in 2018, the Drew and Wendy Boyd Breakthrough in Innovative Teaching Excellence Award recognizes Lindner College faculty who challenge students to think differently. Elliott Manzon and David Rapien, who are enhancing marketing education through a creative curriculum and new technology, were the
“When teachers add creative training to their curriculum, we’ll produce a better product,” Drew says. “We can get graduates walking out of here with the cognitive skills companies want.”
“This put our money where our hearts are,” Wendy says.
UC, UC FOUNDATION & UC HEALTH LEADERSHIP
UC & UC HEALTH LEADERS
Neville G. Pinto, PhD
President, University of Cincinnati
Richard P. Lofgren, MD, MPH, FACP President & CEO, UC Health
UC FOUNDATION LEADERSHIP
Peter E. Landgren
President, UC Foundation
Vice President for University Advancement, UC
Linda E. Bledsoe
Associate Vice President for Human Resources
Julie L. Engebrecht
Assistant Vice President for Communications and Marketing
Thomas D. Freeman
Vice President & Chief Financial Officer
Lynnette M. Heard
Executive Director of Foundation Board Relations
Jennifer L. Heisey
Vice President for Alumni Relations
Stephen A. Rosfeld
Vice President for Development
Carrie E. White
Vice President for Advancement Services
Michael D. Zenz
Vice President for Development, Academic Health Center & UC Health
CHAIR
W. Troy Neat Cincinnati, OH
TREASURER
Thomas D. Freeman Cincinnati, OH
SECRETARY
Lynnette M. Heard West Chester, OH
IMMEDIATE PAST CHAIR
Robert L. Fealy Elmhurst, IL
TRUSTEES
Shakila T. Ahmad Mason, OH
Peter A. Alpaugh Cincinnati, OH
John B. Berding Cincinnati, OH
Elroy (El) E. Bourgraf Cincinnati, OH
Eric C. Broyles, Esq. Ft. Washington, MD
Robert R. Buck Naples, FL
Ken V. Byers, Jr. Cincinnati, OH
Phil D. Collins Cincinnati, OH
Patricia L. Klingbiel Connell Elmhurst, IL
Sean P. Connell Elmhurst, IL
Sally W. Cuni Cincinnati, OH
Todd C. DeGarmo Washington, DC
Dianne G. Dunkelman Cincinnati, OH
Brian E. Hall Cleveland, OH
Carrie K. Hayden Steamboat Springs, CO
Stuart G. Hoffman, PhD Pittsburgh, PA
Kathryn A. Hollister Cincinnati, OH
Gyan Jha Louisville, KY
Gary D. Johns Cincinnati, OH
Timothy E. Johnson, PhD Cincinnati, OH
Laurence F. Jones III Cincinnati, OH
Joseph P. Judge Potomac, MD
Jerry C. Kathman Cincinnati, OH
Ruthie S. Keefe Cincinnati, OH
Barbara W. Kellar Cincinnati, OH
Robert J. King, Jr. Cleveland, OH
William H. Krul II Dayton, OH
Eva L. Maddox Chicago, IL
Rae A. Mang Needham, MA
Darrell D. Miller, Esq. Los Angeles, CA
Joffre P. Moine II Santa Barbara, CA
William B. Monnig Crestview Hills, KY
Shenan P. Murphy Cincinnati, OH
Russell C. Myers Cincinnati, OH
Jacqueline C. Neumann Cincinnati, OH
Cora K. Ogle, PhD Cincinnati, OH
James F. Orr III Cincinnati, OH
Michael J. Paxton Naples, FL
Ellen Rieveschl Covington, KY
Alvin F. Roehr, Jr. Cincinnati, OH
Ryan M. Rybolt Cincinnati, OH
James A. Schiff, PhD Cincinnati, OH
Michael T. Schueler Maineville, OH
Richard C. Seal Cincinnati, OH
Shimul A. Shah, MD Cincinnati, OH
Tony L. Shipley Cincinnati, OH
Randall (Randy) E. Smith Cincinnati, OH
John M. Tew, Jr., MD Cincinnati, OH
Greg A. Tipsord Paradise Valley, AZ
Sandra S. Wiesmann Bethesda, MD
Andi K. Wiot Cincinnati, OH
Gregory C. Wolf Charlotte, NC
Frank C. Woodside III, MD, JD Cincinnati, OH
EX-OFFICIO TRUSTEES
Robert F. Ambach Cincinnati, OH
Thomas D. Cassady Cincinnati, OH
Thomas D. Freeman Cincinnati, OH
Richard J. Harknett, PhD Cincinnati, OH
Lynnette M. Heard West Chester, OH
Sandra W. Heimann Cincinnati, OH
Peter E. Landgren Cincinnati, OH
Richard P. Lofgren, MD Cincinnati, OH
Neil J. MacKinnon, PhD Cincinnati, OH
Kristi A. Nelson, PhD Cincinnati, OH
Kenneth Petren, PhD Cincinnati, OH
Neville G. Pinto, PhD Cincinnati, OH
Gregory W. Rouan, MD Cincinnati, OH
TRUSTEES EMERITI
Eugene R. Allspach Bellaire, TX
Clark E. Beck, Sr., PE, ScD Dayton, OH
James E. Blakeney Dayton, OH
Henry T. Brown Weston, MA
Jack E. Brown Cincinnati, OH
Otto M. Budig, Jr. Cincinnati, OH
Daniel P. Carmichael Carmel, IN
Thomas E. Dewey Cincinnati, OH
David B. Dillon Mission Hills, KS
John S. Domaschko Covington, KY
John B. Goering Cincinnati, OH
Nancy R. Hamant, EdD Cincinnati, OH
Donald C. Harrison, MD Cincinnati, OH
Robert A. Heimann Cincinnati, OH
Thomas H. Humes, Jr. Cincinnati, OH
Marvin P. Kolodzik Cincinnati, OH
David M. Lance Cincinnati, OH
Louis H. Lauch, Jr. Cincinnati, OH
Jerry P. Leamon Cos Cob, CT
Doloris F. Learmonth, Esq. Cincinnati, OH
William E. Lower Cincinnati, OH
Eva L. Maddox Chicago, IL
John M. Mang Needham, MA
Thomas E. Mischell Cincinnati, OH
Jerome P. Montopoli Naples, FL
Marjorie Motch Cincinnati, OH
Valerie L. Newell Cincinnati, OH
H.C. “Buck” Niehoff Cincinnati, OH
Yvonne C. Robertson Cincinnati, OH
James E. Schwab Mercer Island, WA
S. Jay Stewart Naples, FL
J. Clay Stinnett Bellevue, KY
Richard “Dick” E. Thornburgh Palm Beach, FL
Woodrow “Woody” H. Uible Cincinnati, OH
Myron E. Ullman III Montrose, CO
Margaret “Peg” K. Valentine Cincinnati, OH
Michael D. Valentine Cincinnati, OH
Edward W. Wedbush Los Angeles, CA
Jeffrey P. Williams New York, NY
Steven A. Wilson Ft. Lauderdale, FL
Jeffrey L. Wyler Cincinnati, OH
Wilbert L. Ziegler Ft. Mitchell, KY
Anthony Zingale Palo Alto, CA
Denotes Herschede Society
As of June 30, 2018
YEAR AT A GLANCE
With the support of philanthropy, we are redefining next at UC and UC Health.
This social media timeline captures some of the memorable moments of fiscal year 2018.
University of Cincinnati
Alumni Association
July 13, 2017 •
Fifth Third Bank and Fifth Third Foundation give $10 million to support the Cincinnati Cancer Center and the effort to achieve National Cancer Institute designation.
UC Foundation
August 16, 2017 •
Peter Landgren is named president of the UC Foundation and vice president for advancement at UC.
UC Foundation
August 22, 2017 •
The Marge & Charles J. Schott Foundation announces a $3.13 million gift to the Trauma Center and Surgical Intensive Care Unit at the UC Medical Center and UC College of Medicine.
UC Foundation
October 4, 2017 •
The UC College of Medicine announces a $1.5 million gift to support the R. Bruce and Barbara Bracken Endowed Chair in Surgical Urology.
Walk Ahead for a Brain Tumor Cure
October 13, 2017 •
The UC Foundation announces five philanthropy award winners: Robert L. Fealy, Marvin P. Kolodzik, Mark A. Godsey, Jessica Brawand and Walk Ahead for a Brain Tumor Cure.
University of Cincinnati College of Allied Health Sciences
October 20, 2017 •
The inauguration of UC President Neville Pinto takes place during Homecoming weekend. He is the university’s 30th president.
UC Foundation
October 24, 2017 •
Robert “Bob” Fealy, who served 10 months as interim UC Foundation President, receives the UC President’s Award for Excellence.
University of Cincinnati Alumni Association
November 28, 2017 •
The Islamic Center of Greater Cincinnati gives $1 million to create the Inayat and Ishrat Malik Professorship in Islamic Studies within the McMicken College of Arts & Sciences at UC.
UC Foundation
November 30, 2017 •
The 2017 #GivingTuesday campaign is the most successful to date. More than 2,000 donors give $116,000 to UC and UC Health.
UC Foundation
December 21, 2017 •
Procter & Gamble joins the effort to earn National Cancer Institute designation with a $10 million gift to the Cincinnati Cancer Center.
Neville G. Pinto
January 5, 2018 •
The UC Alumni Association announces the recipients of its four signature awards: Marian A. Spencer, A&S ’42, Hon ’06; Russell C. “Rusty” Myers, Bus ’82; Jacqueline L. Bailey-Davis, CECH ’92 and Austin G. Allison, CEAS ’08.
University of Cincinnati Alumni Association
February 9, 2018 •
UC Blue Ash College’s 50-year anniversary coincides with the largest gift in its history. The estate of retired professor Judith Baughin provides nearly $400,000 to support two scholarships.
Neville G. Pinto
February 12, 2018 •
The Farmer Family Foundation donates $10 million to the Cincinnati Cancer Center’s pursuit of National Cancer Institute designation.
University of Cincinnati Alumni Association
February 20, 2018 •
President Pinto kicks off UC’s new strategic direction, Next Lives Here.
UC Lindner College of Business
March 2, 2018 •
The new UC Carl H. Lindner College of Business hits a milestone with the placement of its final beam. The construction of this $120 million structure was made possible by the generosity of donors.
UC Foundation
March 21, 2018 •
UC’s College of Engineering and Applied Science is one of eight schools worldwide to receive a 3D metal printer from GE Additive.
UC Foundation
April 2, 2018 •
UC Health supports diversity scholarships in UC’s Academic Health Center with a $1.5 million commitment.
UC Health April 10, 2018 •
Supporters of the UC Gardner Neuroscience Institute commemorate the installation of the last beam. The $60.5 million facility was made possible with the support of generous donors.
Neville G. Pinto
April 13, 2018 •
The University of Cincinnati announces its Bicentennial activities at a kickoff event.
University of Cincinnati Alumni Association
April 17, 2018 •
The inaugural UC Day of Giving raises $240,599 in support of programs and initiatives at UC and UC Health.
UC Foundation May 8, 2018 •
The UC Foundation Board of Trustees elects five new members: William J. Davis, BBA ’91; Leigh Fox, MBA ’01; Jerry Fritz, BBA ’73; Stephen Kimpel, BBA ’90; and Andrea Zahumensky, BSIE ’00.
UC Foundation June 27, 2018 •
Emeriti professors Richard & Laura Kretschmer endow a Native American children’s literature collection at UC Libraries.
FUNDRAISING REPORT
FISCAL YEAR 2018 COMMITMENTS*
$104,008,153 in Total Funds
Purpose
*Excludes UC Health contribution, non-government research fund, software gifts-in-kind, campaign-only gifts.
FINANCIAL HIGHLIGHTS
INVESTMENT OVERVIEW
A LETTER FROM UC’S CHIEF INVESTMENT OFFICER
I’m pleased to report UC’s endowment is thriving! In 2018, it generated a +8.5 percent return; outperformed its risk-weighted benchmark, peers and inflation; and reached a new record at more than $1.37 billion. A flourishing endowment is wonderful news endowments are a uniquely beneficial source of support for UC’s mission and an important advantage in the increasingly competitive world of higher education.
This success is the result of the 46 talented professionals and volunteers who apply their energy, passion and expertise into various stewardship roles with UC’s endowment funds. Each of these individuals takes very seriously their duty to protect and nurture the permanent capital entrusted to UC by our generous donors. The animating force behind UC’s 46 endowment stewards is maximizing the sustainable benefit our endowments provide to current and future UC students, faculty
On the following pages, we present details of the endowment’s strong performance over the turbulent past decade. Success was achieved through stable stewardship and adherence to our core investment principles. We are in a numbers business but ultimately our focus is on helping people—in our final section, we shine the spotlight on a single endowment fund to illustrate the incredible power of permanent capital to help UC students.
Karl Scheer Chief Investment Officer, University of Cincinnati
INVESTMENT PERFORMANCE
(as of June 30, 2018)
UC’S ENDOWMENT: SUCCESS THROUGH PATIENCE AND PRINCIPLES
UC’s endowment investments generated considerable gains over the past decade during one of the toughest periods in investment markets since the Great Depression. Ten years ago, 2008 saw sharp stock market declines, waves of corporate bankruptcies and a crisis of confidence in the survival of the financial system. These events provided an effective stress test of investment organizations and UC’s endowment investment program passed with flying colors. UC’s endowment outperformed benchmarks, peers and inflation; generated gains of $572 million; provided $670 million of scholarships, professorships and other support; and grew from just under $1.1 billion to nearly $1.4 billion. The secret to the university’s success: patiently adhering to UC’s fundamental investment principles.
LONG-TERM FOCUS
The foundation of UC’s investment success is continuity in strategy, governance, culture and objectives. Maintaining long-term focus and an equity orientation through the crisis positioned UC’s endowment investment portfolio to generate +154 percent gains since the recovery began in early 2009.
DIVERSIFICATION
A core principle of UC’s approach is maintaining a diversified mix of investments to control investment risk and position the portfolio to succeed in a variety of different market climates. UC carefully spreads capital across investment types (equities, bonds and alternative investments); geographies across the globe; and strategies that prosper during different economic regimes (robust growth, unstable markets, inflationary periods, etc.).
VALUE
UC tilts investment exposures toward the most compellingly priced assets available at any given time in the market, which improves the portfolio’s stability and ensures UC’s endowments avoid investment fads. UC also seeks the best values in administering UC’s endowment pool and pursues fair fees with top investment managers.
THE POWER OF ENDOWMENT AND A FAMILY’S LEGACY
The Henry and Anna B. Krucker Memorial Scholarship Fund was set up in 1984 by Elsie and Rose Krucker to honor their parents with the generous gift of $1.6 million. The Krucker Fund’s mission is to provide “worthy and needy” students with scholarships to the UC College of Medicine and it has been a runaway success. In 34 years, the Krucker Fund has provided more than $5.4 million in scholarships and its asset base has more than doubled from $1.6 million to more than $3.4 million today protecting and growing its ability to provide scholarships for the foreseeable future.
MAGNIFYING A GIFT’S IMPACT
Elsie and Rose multiplied the impact of their gift many times over by creating a perpetual endowment that spends a small amount every year and invests the remainder so it can grow and finance future gifts.
The Krucker Fund is commingled with 2,193 other endowment funds in UC’s A Pool, which gives it access to UC’s stewardship resources, including the combined expertise of the professionals in the UC Investment Office and on the UC/UCF Investment Committees, a mature and effective governance system, and key administrative resources. Commingling endowments in the A Pool also amplifies the support these funds provide to the university and its students by achieving significant administrative efficiencies and economies of scale to buy custody, consulting and other services “in bulk.”
UC’s efficient and equitable management of the A Pool helps unleash the remarkable power of endowments.
Elsie Krucker (pictured) and her sister Rose both attended UC. The Cincinnatian, 1915
Our enduring gratitude goes out to Elsie and Rose for honoring Henry and Anna. The Krucker family’s partnership and trust in UC enables it to control tuition costs, compete with other universities for top students, enhance the university’s financial independence and, most importantly, provide disadvantaged and deserving students the opportunity to attain one of the most coveted medical degrees in the world. We welcome the chance to advance your personal philanthropic interests through UC or UC Health. Creating even small opportunities can set an individual or community on a path that changes lives.
“Financial stress is an unfortunate reality of medical school for the majority of students. Being a recipient of the Krucker Scholarship allowed me to fully direct my focus on learning how to take the best care of my future patients. When I see the scholarship listed on my financial aid statement each semester, I am reminded of what a blessing it is to be a UC medical student and am freshly motivated to work my hardest to honor the gift I have been given.”
Andrew Frankart, Class of 2018, Henry and Anna B. Krucker Memorial Scholarship recipient
POINTS OF PRIDE
INCREDIBLE THINGS ARE HAPPENING AT UC AND UC HEALTH
2nd
CCM alumni rank second in Playbill’s “Most-Represented Colleges on Broadway.”
Alumni Jason Kelce, BUS ’10 and Brent Celek, BUS ’07 were part of the 2018 Super Bowl champion team, the Philadelphia Eagles.
Jason
UC’s newest resident hall has been named after civil rights activist and lifelong community servant Marian Spencer, A&S ’42, Hon ’06.
UC Health’s Trisha WiseDraper, PhD, COM ’08, MD COM ’10, is pioneering the use of immunotherapy in cancer patients while also training the next generation of physicians and studying cancer’s underlying mechanisms to develop newer and better treatments.
Kelce Brent Celek
6,500 students earned degrees of various levels in UC’s largest-ever spring commencement.
increase in students studying internationally since 2010. 113%
50.5% of this year’s graduates were awarded degrees in the STEM areas of science, technology, engineering and math.
16% of these students were firstgeneration college students. They hailed from 49 states and 76 countries. By comparison, the Class of 2017 had graduates from 51 countries.
3.224
UC student-athletes’ cumulative gradepoint average for the Fall 2017 semester. It was the 19th consecutive grading period our Bearcats have exceeded a 3.00 GPA.
Top 5%
UC Health’s West Chester Hospital ranked in top 5 percent of hospitals nationally for clinical outcomes (Healthgrades, 2018).
The distinction recognizes West Chester Hospital as being within the top five percent of nearly 4,500 hospitals nationwide for its clinical performance as measured by Healthgrades, the leading online resource for comprehensive information about physicians and hospitals.
56 students earned engineering degrees from UC and China’s Chongqing University as part of UC’s Joint Engineering Co-op Institute’s first graduating class.
WAYS TO GIVE
VISIT FOUNDATION.UC.EDU OR CALL THE UC FOUNDATION AT (513) 556-6781 TO LEARN MORE ABOUT HOW YOU CAN HELP REDEFINE NEXT FOR NOT ONLY UC AND UC HEALTH BUT FOR OUR REGION, NATION AND WORLD.
ENDOWMENTS
PLEDGES
MATCHING GIFTS
HONORARY OR MEMORIAL GIFTS
LIFE INSURANCE
CASH GIFTS
GIFT PLANS AND BEQUESTS
STOCKS, BONDS AND MUTUAL FUNDS
PERSONAL PROPERTY AND REAL ESTATE
n the basis of disability, race, color, religion, national origin, ancestry, medical condition, genetic information, gender identity and expression in its programs and activities. The complete Notice of Nondiscrimination can be
