2017-2018 Foundation Annual Report

Page 1

Foundation Annual Report 2017

to 2018

2017-2018 Foundation Annual Report 1



Thank You Creating the next generation of big thinkers who will change the world. Serving our community by building a smarter workforce. Inspiring students through hands-on experiences.

At the University of West Florida, there are no limits to what we can do. Thanks to you, our generous community of supporters and partners, we’re making our mark—through research and recognition, academics and athletics, ideas and innovation. As we embark into a new era, we embrace the creativity and education that made us who we are today. We are entrepreneurs. We are doctors and nurses. We are writers and scientists. There’s no stopping us now. With talented faculty, a strong student body and devoted donors like you, there’s an energy on campus and throughout this community. Thank you for inspiring a new and invigorated UWF.


President

Message from the The best endings make even better beginnings.

This year, we celebrated the successful closing of our 50th Anniversary capital campaign, which raised more than $64.7 million from almost 20,000 donors, including 55 planned gifts and nearly $18 million in scholarships. These numbers are impressive, there’s no doubt. What stands out more, though, is the passion, support and commitment represented in every dollar given to our University, in the name of brighter futures for our students, institution and community. That dedication shows in the major gifts we received this year after the capital campaign ended. The donation of Fred Levin’s waterfront home and estate formerly known as Timeless Tanglewood, valued at more than $8 million, marks

2 University of West Florida


the largest gift by a living donor in the University’s history. We also received a $250,000 gift commitment from the Earl Hutto Foundation Inc. to name the Earl and Nancy Hutto Master of Science in Nursing program and celebrated a successful inaugural Day of Giving that raised $177,729.79 from 1,263 donors. The generous support of our donors fueled our grand opening celebration of the University Park Center, a $7 million multipurpose facility at Pen Air Field that houses the Usha Kundu, MD College of Health, Florida State University College of Medicine and UWF Intercollegiate Athletics. This is just a small highlight of the incredible year we’ve had at UWF. Thank you for believing in our vision to become a spirited community of learners, launching the next generation of big thinkers who will change the world. With your help, we’re making it a reality. Sincerely yours,

Martha D. Saunders, Ph.D. University of West Florida President

On December 31st UWF completed its 50th Anniversary capital campaign, which raised more than $64.7 million. It was also a recordbreaking fiscal year for fundraising, attracting more than $13.8 million. This invaluable support delivers more scholarships, enhanced programs and cutting-edge resources.

Message from the Vice President You are making an extraordinary impact on the growth and development of the University of West Florida. The frontier spirit of UWF is igniting passion and attracting critical support and investment to ensure our continued success.

In this report, you will learn how you are transforming what we do. Your belief in the value of higher education fuels our ability to attract and nurture students who will benefit generations to come and leave a lasting legacy. We have generated momentum and continue to forge new horizons guided by the vision and determination of President Martha Saunders. We look forward to all we will continue to achieve together. Sincerely,

Howard Reddy Vice President, University Advancement

2017-2018 Foundation Annual Report 3


Experience of a Lifetime Before this summer, Hannah Funk had never been on a plane, much less traveled overseas. In May, the National Merit scholarship and The Catalyst Program at the University of West Florida changed both for her. The nursing major joined 64 other students and eight faculty members from UWF and other universities for a five-week, mobile-classroom study abroad experience in London, Paris, Berlin, Greece and Prague. From climbing the Acropolis in Athens, to immersing herself in the British culture she’s always been interested in, she said it was a surreal, once-in-a-lifetime experience. The cost of the program was covered by her scholarship, which also includes tuition, housing and a book stipend. Funk said she credits her incredible college experience so far to the financial support she’s received from UWF. “The only way I could have ever participated in The Catalyst Program was with the stipend from my scholarship,” she said. “It’s also made it possible for me to live on campus and get involved. It’s nice to not have to worry about the financial burden of pursuing a degree, and instead just focus on my studies and making the most of my time here at UWF.”

uwf.edu/topscholars

4 University of West Florida


Hannah Funk ’21, pre-nursing major and National Merit Finalist

2017-2018 Foundation Annual Report 5


Earl and Nancy Hutto Endow the Future of Northwest Florida Nurses By Ashley Salley

In 2018, the Earl Hutto Foundation made a $250,000 commitment to name the Earl and Nancy Hutto Master of Science in Nursing program at the University of West Florida School of Nursing in the Usha Kundu, MD College of Health. The gift created a scholarship for students pursuing a graduate degree in nursing, as well as an operational endowment for undergraduate and graduate UWF School of Nursing students.

Earl and Nancy Hutto pose in front of the United States Capitol, where Earl served as a congressman.

6 University of West Florida

“This gift allows us to shape the future of nursing education and will enrich our ability to prepare nursing leaders who will care for our families, friends and neighbors for years to come,� said UWF President Martha D. Saunders. The Huttos are active members of


Earl and Nancy Hutto with UWF Nursing students during a tour of the simulation lab.

the community and their church, First Baptist Church of Pensacola. Earl, a Navy veteran, served three terms in the Florida House of Representatives and eight terms in the U.S. Congress, where he was known for his commitment to traditional values and strong leadership on national security issues. He and his wife, Nancy, have a history of shared service to Northwest Florida— now marked by their generous gift to the University. “UWF means a great deal to this community because people don’t have to go any distance to find a good university and get the training and education they need to make a life,” Earl Hutto said. “We like to see other people do well, and that’s why we give.” The gift will support high impact learning practices in the UWF School of Nursing,

including hands-on clinical fellowships, professional development opportunities and research. It will also fund facility improvements and equipment to enhance the learning environment. The Huttos were inspired by Earl’s mother, Ellie, who did not have the resources to fulfill her dream of becoming a nurse. “We felt like the time had come to give back,” Nancy Hutto said. “We are very happy to play a part in the good work UWF is doing to prepare their students to serve our community.” The Master of Science in Nursing offered by UWF is an innovative and flexible program that prepares nurses for advanced roles in leadership and doctoral studies. Students pursuing the MSN may specialize in one of three areas: nursing education, nurse executive, or family nurse practitioner.

UWF means a great deal to this community because people don’t have to go any distance to find a good university and get the training and education they need to make a life. We like to see other people do well, and that’s why we give.”

2017-2018 Foundation Annual Report 7


Student-Athletes Find New Home at University Park Center By Amy Minchin

Top: University Park Center on the Pensacola campus Bottom: Football players working out in the Darrell Gooden Sports Performance Center 8 University of West Florida

Outside University Park Center, the sounds of student-athletes grappling on the gridiron are followed by coaches’ whistles and cheers from onlookers. This can mean only one thing: practices for the University of West Florida’s 2018 football season are underway at Pen Air Field. It is an exciting start to a new season full of high expectations, coming on the heels of UWF finishing 2017 as an NCAA Division II finalist and earning a 2018 preseason No. 1 ranking from Lindy’s Sports and Street & Smith’s annual football preview magazines. The icing on the cake? A new home on campus for the UWF Intercollegiate Athletics football and sports performance programs.


That home is the $7 million, 32,700-squarefoot University Park Center, which also houses the UWF Usha Kundu, MD College of Health and the Florida State University College of Medicine. “University Park Center is a game changer for UWF Athletics,” said Brett Berg, assistant vice president for development for the Division of University Advancement. “It is the first indoor space we’ve added for athletics in over 30 years, and it gives us the innovative ability to help student-athletes in every sport improve.” Several generous donors have added their financial support, Berg said, contributing $1 million to construction costs and naming spaces within the facility, which held a grand opening in April. The first floor of University Park Center houses the Darrell Gooden Sports Performance Center, a state-of-the-art strength and conditioning training space for UWF student-athletes. “The sports performance center has the most high-end, state-of-the-art equipment available,” Berg said. “There are iPads at each weight station.” Also on the ground floor, the UWF Football Locker Room is the program’s first permanent locker room. It features 115 custom player lockers, each sponsored by individual donors, a high tech audio and video system, and high efficient commercial laundry equipment. The Landrum Family Football Coaches Locker Room and JaniKing International Equipment Room are also a part of the locker room and provide separate spaces for coaches and support

functions for football. Kent Morgan, head strength and conditioning coach, has moved into the Wright Family Director of Sports Performance Office. A separate Sports Performance Coaches Office provides space for additional staff.

UWF Football Locker Room

To access these areas, student-athletes and coaches pass through the Bailey Family Champions Corridor, which serves as an informal gathering area and student study space. The Tony Pelezo, MD University Park Center Lobby is the interior greeting space for the entire building, with an informational video board and photographs of UWF’s athletic and health programs. Outside the front doors is University Park Center Plaza, which serves as the entrance to both University Park Center and Pen Air Field. Fans gather here for Football Fan Day and the annual Blue & Green Football Spring Game, among other events. Berg said the plaza is one of the spaces still available for naming, along with the locker room, sports performance coaches office and, most notably, the building itself. “University Park Center is one of the premier facilities on campus,” he said. “Located within Pen Air Field, it is an extremely visible, iconic structure with a connection to the three great organizations that occupy its halls. People from around the country have visited UWF to see University Park Center with plans to emulate it on other campuses.” While an official name for University Park Center is still to be determined, UWF Athletics is proud to call it home, sweet home.

Darrell Gooden Sports Performance Center

Tony Pelezo, MD University Park Center Lobby

Argonaut Athletic Club Achievements Within Fiscal Year 2017-18 More than

1,609 $1.02 M Argonaut Athletic Club Members

in gifts and commitments to the Argonaut Athletic Club

2017-2018 Foundation Annual Report 9


The Strong Spirit of Giving in a Military Community Scholarships provide relief for military veterans and dependents By Allison Morgan

Service, sacrifice and scholarly students were the focus of the University of West Florida Military and Veterans Resource Center’s annual Donor Appreciation Luncheon in May. The luncheon recognized military veterans and family members of active or retired service members by awarding seven scholarships - four from Navy Federal Credit Union, two from Brig. Gen. and Mrs. Michael Ferguson and one from Buzz and Larue Ambersley.

Hailee Holt ’19, marine biology major and Navy Federal Credit Union scholarship recipient 10 University of West Florida

Aja James, a senior exercise science major who serves part time in the Florida Air National Guard, was awarded a Navy Federal Credit Union scholarship. She said the funding is a big relief for her as she works to become an occupational therapist. She’s


currently working two jobs and is interning at Baptist Medical Park this fall. “I’ve learned to balance responsibility,” she said. “Don’t neglect one thing for the other. It’s helped me with time management, overall balance and taught me how to keep myself healthy in the process. It’s a lot, but it’s making me stronger, helps with my independence and I really feel like I can accomplish anything.” Hailee Holt, a senior marine biology major and Navy Federal Scholarship recipient, is the daughter of a Navy veteran and the first

She said earning this scholarship is an amazing achievement that is providing invaluable support as she works toward her degree. “This scholarship has taken the financial burden off my family,” she said.“Getting scholarships like this proves to them I’m doing well.” Holt and James each said they are extremely thankful for the generosity of Navy Federal Credit Union, and donors like Brig. Gen. and Mrs. Michael Ferguson and Buzz and Larue Ambersley, who provide similar scholarships to their peers.

I am a veteran and a child of a veteran who was killed in action just days before WWII ended. I understand that a helping hand just might be the difference between a success story and a failure.” in her family to earn a degree from a fouryear university. She previously served on the executive board for the National Society of Leadership and Success, the nation’s largest leadership honor society, and is now on the executive board for the Marine Ecology Research Society.

Brig. Gen. Ferguson created the Brigadier General and Mrs. Michael L. Ferguson Scholarship For Military Veterans and Sons and Daughters of Military Veterans in 2001, adding to a long history of giving to the University. Ferguson said he knows the potential behind meaningful support.

Holt spent her summer interning at the Florida Oceanographic Cultural Center and said when she graduates, she plans to work with animals and be an advocate for the environment.

“I am a veteran and a child of a veteran who was killed in action just days before WWII ended,” he said. “I understand that a helping hand just might be the difference between a success story and a failure.”

Aja James ’19, exercise science major and Navy Federal Credit Union scholarship recipient

2017-2018 Foundation Annual Report 11


Impact

Making a Lasting

INVESTING IN OUR FUTURE

Those who invest in the University are paramount to our success. This timeline shows how our donors are creating a bright future for our community and beyond.

12 University of West Florida

Take Stock Scholars UWF, along with the Gulf Power Foundation and Take Stock in Children, have partnered to give students with barriers to college completion the additional research-based support they need to successfully graduate. This collaboration with Gulf Power enables UWF to provide support and resources to participants of Florida’s Take Stock in Children initiative throughout their college education, encouraging them to graduate in four years and use their talent and skills in Northwest Florida.

September 2017


CeCe Boone Memorial Scholarship Curtis and Lavona Boone established the CeCe Boone Memorial Endowment Scholarship. The endowment, which was created in memory of Cornelia “CeCe� Boone by her family, funds scholarships for students majoring in elementary education who have graduated from a high school in Escambia or Santa Rosa County.

September 2017 Dr. Antonio Apap and Mrs. Anna-Frances Apap Dr. Antonio and AnnaFrances Apap donated $80,000 to create a scholarship endowment that supports nontraditional students who are returning to school and studying within the College of Education and Professional Studies.

October 2017

Dr. Ralph E. Knowles, Jr. Dr. Ralph Knowles continued his support of the Department of Music by donating $30,000 to provide student scholarships.

October 2017

October 2017

Saunders Pledges to Argos Suit Up! President Martha Saunders pledged $10,000 of personal funds to support the J.C. Penney Suit Up program, a national initiative that allows students to purchase discounted professional wear. More than 330 students and alumni participated in the inaugural event.

2017-2018 Foundation Annual Report 13


Terryl “T. Bubba” Bechtol Gift James Terryl “T. Bubba” Bechtol gifted $25,000 in honor of his son Robert Clayton “Carter” Bechtol, who graduated from the UWF theatre program in 1998. The donation established an endowed scholarship for juniors and seniors in the Department of Theatre.

Dr. John Coffey Gift to Computer Science Dr. and Mrs. John Coffey gifted $25,000 to the Department of Computer Science. The gift will be used to award a student majoring in computer science.

December 2017 Theresa Gail May Foundation Gift The Theresa Gail May Scholarship Foundation established a named annual scholarship for high school graduates in Santa Rosa County who have shown exceptional leadership skills, maintained a cumulative GPA of a 3.0 or higher and plan to attend UWF to study within the College of Education and Professional Studies.

14 University of West Florida

December 2017

February 2018 Pensacola Sports and Pensacola Sports Foundation A $100,000 gift from Pensacola Sports and the Pensacola Sports Foundation is assisting with the expansion and renovation of the UWF Athletic Training Center on the Pensacola campus and improving health care services for student-athletes.

February 2018


Patti Marine Enterprises Donation The Division of Anthropology and Archaeology, within the College of Arts, Social Sciences and Humanities, will use recently donated platforms from Frank Patti Jr. of Patti Marine Enterprises for staging archaeological and other scientific research. The platforms will allow for the investigation of shipwrecks in Pensacola Bay, including the three shipwrecks from the Spanish fleet linked to Tristån de Luna y Arellano’s 16th century expedition to modern-day Pensacola.

Seville Power Equipment Scholarship Endowment Seville Power Equipment pledged $25,000 to the University to provide an award to a UWF student who graduated from a high school in either Escambia County, Santa Rosa County, or the state of Georgia, and is majoring in business and has a minimum 3.0 GPA.

March 2018 Larry Butler Memorial Music Award $39,550 was donated to the Department of Music to support the Larry Butler Memorial Music Award. The donation helps fund student participation in academic competitions and performance-related travel experiences, including the Lancaster International Piano Festival in Pennsylvania, the Interharmony International Music Festival in Germany and Italy and the UWF Ireland Experience Program.

March 2018

April 2018

June 2018

Doris Jean Kahn Music Scholarship Endowment The Robert H. Kahn Foundation gave $166,000 to establish the Doris Jean Kahn Music Scholarship Endowment for the UWF Department of Music. The endowment was created in memory of Kahn, a UWF alumna and music enthusiast.

2017-2018 Foundation Annual Report 15


Photo Credit: Larry Merchant Timeless Tanglewood The 7,500 square foot home features beautiful grounds, stunning architecture and priceless works of art and collectibles—an atmosphere to inspire. 16 University of West Florida


UWF President’s Club at Timeless Tanglewood A NEW PLACE TO LEARN AND MEET

When Pensacola attorney and community advocate Fred Levin gifted his multi-million dollar waterfront home to the University of West Florida, it became a place that supports our vision. The largest gift by a living donor in University history, the property will provide enhanced learning experiences for students while serving as a venue for hosting visiting dignitaries and academic scholars from around the world—all for the enhancement of UWF programs.

2017-2018 Foundation Annual Report 17


President Martha D. Saunders celebrates a successful Day of Giving with Argie the Argonaut. 18 University of West Florida


When Giving Goes Viral UWF raises $177k through social media for inaugural Day of Giving By Jenny Pedraza

It is usually used to read a funny meme, watch a video or “like” a friend’s post, but on April 19, Facebook was a driving force behind a successful 24-hour fundraising event for the University of West Florida. An unprecedented $177,729 was raised during UWF’s inaugural Day of Giving. The social-media-driven initiative rallied support from Argos near and far. Donations poured in from more than 1,200 people in 43 states and several countries, including Ireland, England, Costa Rica, Australia and New Zealand. Alumni, students, parents, faculty, staff and friends donated gifts online, directing their contributions to 14 featured funds, including each of UWF’s five colleges, athletics, scholarships and student support.

Kathleen Norwood, UWF annual giving officer, said the day “took on a life of its own,” with Argos taking to their own social media pages to encourage their social circles to make gifts. From the University’s main social media accounts, a series of challenges throughout the day kept things interesting. By using a crowdfunding website, donors could track how their favorite funds were doing, and competition became fierce. Philip Ebert ’12, ’15, who played for UWF’s baseball team during its 2011 National Championship win, was able to encourage 20 of his former teammates to make gifts by posting to his social media accounts. “I wanted our team to be the best—I wasn’t about to let the UWF soccer or volleyball teams beat us,” he said. “It was easy to create a

I wanted our team to be the best—I wasn’t about to let the UWF soccer or volleyball teams beat us. It was easy to create a message on Facebook and tag all of my former teammates. It created a chain of giving, and it was fun to reconnect with everyone.”

message on Facebook and tag all of my former teammates. It created a chain of giving, and it was fun to reconnect with everyone.” The Day of Giving was part of UWF’s inaugural Founders Week, a weeklong celebration that began April 16 and served as an opportunity to bring the UWF family together, welcome alumni and visitors to campus and give back to the community. Nicole Stacey ’09, ’10, said she took advantage of the opportunity to give back to UWF and encourage others to do the same. “This University gave me so much and helped shape me into the woman and professional I am today,” Stacey said. “It is important to me to take care of UWF and my college, because younger generations deserve the same opportunity and experiences I had.”

MARK YOUR CALENDARS: The next Day of Giving is set for April 18, 2019. For more information, visit dayofgiving.uwf.edu.

2017-2018 Foundation Annual Report 19


Louis Maygarden Leaves Legacy of Financial Literacy for Northwest Florida By Amy Minchin

Jerry L. Maygarden describes his late father, Louis Maygarden, as a kind and generous family man with Christian values. “Family was important to Dad, and he believed a good strong community is important to family life,” Maygarden said. “Through his banking and finance career and his involvement with organizations such as the Chamber of Commerce and Kiwanis, he encouraged my brother Randy and me to participate in our community.” Louis Maygarden proudly served in the U.S. Navy during World War II.

20 University of West Florida

Louis Maygarden passed away in April at age 92, but his legacy of strengthening his community, particularly through financial


We are going to be advocates for people who teach financial literacy and provide a counseling center that is chiefly for the community, but also reaches the student population.” education, lives on at the University of West Florida College of Business, which established the Louis Maygarden Center for Financial Literacy in his honor earlier this year. The center will provide counseling services and educational seminars to students and the public with the goal of enhancing the financial literacy of the citizens of Northwest Florida. Undoubtedly, it is a legacy to which Maygarden was proud to lend his name. After serving in the U.S. Navy during World War II and graduating from Mississippi College, the Pensacola native returned home to build a successful business career. As credit manager for a local oil company, he managed the firm’s credit relationships with its customers. Later, as a consumer lender with Florida National Bank, he helped people get car loans and borrow money for short term needs like home repairs, before going onto various bank leadership and advisory roles. “He developed a passion for credit management,” Jerry Maygarden said. “He felt accumulation of debt was as hard on families as abusing alcohol or gambling. He knew that student debt is one of the leading causes of divorce.” In 1974, Maygarden and other local credit grantors established a non-profit

organization, Consumer Credit Counseling Services of West Florida Inc., to teach people how to use credit wisely and avoid excessive debt. “In those days, people applied for credit with retailers such as Gayfers or Sears, and those organizations were eager to be involved with [CCCS] because it ultimately improved their borrower relationships and helped their bottom line,” Jerry Maygarden said. “Dad was a volunteer credit counselor and eventually became chairman, president and CEO of Consumer Credit Counseling Services. He was proud of the impact the organization had in Northwest Florida.” Over the years, changes in the financial industry affected the way banks and other lenders worked with local credit counseling organizations like CCCS. Eventually the non-profit organization’s board of directors decided to transfer its assets to a like-minded organization that could carry its mission into the future. The University was selected for the creation of a center for financial literacy. “Dr. Ed Ranelli suggested the naming of the center,” Maygarden said. “Shortly before Dad passed away, he was able to see and hear the accolade. UWF President Dr. Martha Saunders personally delivered the placard to his nursing home. He was deeply honored that she would do that.”

UWF President Martha D. Saunders and Dr. Tim O’Keefe, dean of the UWF College of Business, present Louis A. Maygarden and Jean Maygarden a plaque honoring the naming the Center for Financial Literacy.

Jerry Maygarden, former Pensacola mayor and state legislator, now serves as acting director for the center. He is also on the advisory board, alongside: Dr. Tim O’Keefe, dean of the UWF College of Business; Pam Hatt, vice president of marketing, Pen Air Federal Credit Union; Mark Harden, director of the Navy-Marine Corps Relief Society; and Ranelli, director of the UWF Center for Entrepreneurship. “The national student debt is currently at $1.5 trillion,” Jerry Maygarden said. “We are going to be advocates for people who teach financial literacy and provide a counseling center that is chiefly for the community, but also reaches the student population.”

2017-2018 Foundation Annual Report 21


Financial Information University of West Florida Foundation

The UWF Foundation exists to encourage, manage and administer private resources to support the mission and priorities of the University of West Florida, as established by the Board of Trustees and the president of the University of West Florida.

The Foundation is dedicated to assisting the University through building the endowment, currently valued at $77 million. Through private financial support, Foundation resources support long-term academic and other priorities of the University, provide opportunities for students, and afford a margin of institutional excellence unavailable with state funds. Investment Philosophy—Asset Allocation and Style Diversification

Research suggests that the decision to allocate total assets among various asset classes will far outweigh security selection and other decisions that impact portfolio performance. The Investment Committee recognizes the strategic importance of asset allocation and style diversification in the investment performance of the assets over long periods of time. Domestic and international equities, both large and small capitalization, fixed income, cash 22 University of West Florida

equivalent securities, real estate, private equity, and fund of funds hedge funds in the form of diversified fund of funds have been determined to be acceptable vehicles for these assets. Additional asset classes and style strategies may be incorporated into the investment philosophy in the future. Investment Objective

The objectives of the assets are the enhancement of capital and real purchasing power while limiting exposure to risk of loss. Real purchasing power or real rate of return will be defined as returns in excess of inflation as defined by Consumer Price Index. At a minimum, long-term rates of return should be equal to an amount sufficient to maintain the purchasing power of these assets and provide necessary capital to fund the Foundation’s spending policy. As such, the desired minimum rate of return is equal to the Consumer Price Index (CPI) plus 400 basis points (4%) for spending, plus an additional 200 basis point (2%) on an annualized basis. Bottom line, the overall minimum rate of return is equal to CPI plus 600 basis points (6%). In light of this return requirement, the portfolio should be constructed using a total return approach with a significant portion of the funds invested to seek growth of principal over time. The assets are to be invested for the

long term, and a higher short-term volatility in these assets is to be expected and accepted. Spending Policy

The Foundation takes seriously its responsibility to provide prudent fiduciary management, oversight of the endowments and intergenerational equity. To this end, the Foundation utilizes a one-year waiting period before awarding spending and a stepdown spending allocation method should an endowment fall underwater. Through utilization of a well diversified investment portfolio strategy, prudent spending allocation policy, and the best good faith effort of its board members, the Foundation attempts to continue to provide spending to support the scholarships, programs, and faculty as designated by the donor while preserving over time the donor’s gifts to the endowment corpus. Further details on the investment policy are available at the Foundation’s website uwf.edu/foundation. The UWF Foundation was organized and incorporated in 1965 for the purpose of stimulating voluntary private support from alumni, parents, friends, corporations, foundations and others for the benefit of the University of West Florida.


Foundation Net Assets

$122,015,900

Program Discretionary Funds 25,226,179

Endowments & Appreciation 76,751,622

Housing 8,620,025

Professorships 1,507,487

Unrestricted 4,535,717

Scholarship Spending & Student Loans 5,374,870

Program Discretionary Funds

Endowments & Appreciation

25,226,179

Endowments & Appreciation 76,751,622

$76,751,622

Unrestricted 4,535,717

Scholarship Spending & Student Loans

Program Support

27,606,046

Scholarships and Student Awards 33,873,583

5,374,870

Professorships 15,271,993

2017-2018 Foundation Annual Report 23


UWF Foundation Board of Directors 2017-18 Mr. Brett A. Barrow ’87 Ms. Linda C. Brotherton ’81, ’82 Mr. C. Rick Byars Mr. David E. Cleveland BOT Representative Mr. Jason D. Crawford ’04, ’10

Donor Bill of Rights Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To ensure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the nonprofit organizations and causes they are asked to support, we declare that all donors have these rights:

Ms. Dee Dee Davis Mr. Doug Dobson Mrs. Gail M. Dorsey ’83 Vice Chair Mr. Raymond G. Flores ’94 Mr. John M. Gormley ’98 Mr. Tim M. Haag ’85 Ms. Yasmin Hernandez ’16, ’18 SGA Representative Dr. Joseph Herzog Faculty Senate Representative Mr. David Hightower Treasurer Mr. James P. Hosman ’99, ’01 Mr. John Hutchinson Immediate Past Chair Mrs. Kathie Jeffcoat Mr. Louis A. (Trip) Maygarden III Mr. John L. Peacock, Jr. Mr. David Peaden Mr. Richard Peterson ’95 Secretary Mr. William Rone ’73, ’78 Mr. Chris Roney ’98 Dr. Martha Saunders Mr. Gordon Sprague Chair

1. To be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes. 2. To be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities. 3. To have access to the organization’s most recent financial statements. 4. To be assured their gifts will be used for the purposes for which they were given. 5. To receive appropriate acknowledgment and recognition. 6. To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law. 7. To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature. 8. To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors. 9. To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share. 10. To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.

Ms. Jill Thomas

The text of the above statement in its entirety was developed by the American Association of Fund-Raising Counsel (AAFRC), Association for Healthcare Philanthropy (AHP), Council for Advancement and Support of

Mr. Bruce Vredenburg

Education (CASE), and the Association of Fundraising Professionals (AFP), and adopted in November 1993.

Mr. Todd Zaborski ’08 24 University of West Florida



UWF Foundation, Inc. 11000 University Parkway Pensacola, FL 32514 850.474.3118 uwf.edu/foundation


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.