Webb Annual Report 2013-2014

2 0 1 3 – 2 0 1 4 A N N U A L R E P O RT

Achieving Excellence in Education Through Your Generous Support

WEBB INSTITUTE

Message from the President . . . . . . . . . . . . . . . . . . . . . 3 Board of Trustees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Faculty and Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

OUR MISSION To prepare graduates for prominent careers by: r 1SPWJEJOH B SJHPSPVT FEVDBUJPO JO the principles of engineering and a broad-based knowledge of the fundamentals of naval architecture and marine engineering r %FWFMPQJOH TLJMMT UIBU XJMM FOBCMF graduates to become leaders in and make significant contributions to their chosen profession, and to the social

Message from the Chairman of the Board . . . . . . . . . 5 2013–2014 Donations Webb Honor Roll of Donors William H. Webb Society. . . . . . . . . . . . . . . . . . . . . . . 6–7 2013–2014 Donations Webb Honor Roll of Donors . . . . . . . . . . . . . . . . . . . 8-10 Gifts in Honor of, In Memory of, WAA Donations in Memory of. . . . . . . . . . . . . . . . . . . 10 125th Anniversary Celebration . . . . . . . . . . . . . . . . . . 11 2013–2014 Cumulative Giving . . . . . . . . . . . . . . . . 12–13 Message from the Alumni Association. . . . . . . . . 14–16

environment in which it functions

Class Agents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

r *OTUJMMJOH JO PVS HSBEVBUFT UIF IJHIFTU

Webb Group Leaders . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

ethical standards and sense of professionalism; cultivating curiosity

Alumni Association Executive Committee . . . . . . . . 16

in the arts, sciences, and humanities,

Alumni Regional Coordinators . . . . . . . . . . . . . . . . . . 16

and providing the background

2013–2014 Class Giving Summary . . . . . . . . . . . . . . . . 17

and encouragement necessary to support life-long learning r 1FSQFUVBUJOH UIF MFHBDZ of William H. Webb

MISSION STATEMENT To be internationally recognized as a leading undergraduate educational institution in naval architecture and marine engineering and an asset to the nation by: s 0ROVIDING EXCEPTIONAL YOUNG MEN AND WOMEN WITH A CONTEMPORARY AND COMPREHENSIVE UNDERGRADUATE EDUCATION focused on naval architecture and marine ENGINEERING THEREBY PREPARING THEM

Remembering Phil Sims ’71 . . . . . . . . . . . . . . . . . . 18–19 Generosity, Hospitality, Legacy: The Heritage Society Reception. . . . . . . . . . . . . . . . . . 20 Money Matters: Magazine Rates Webb Institute #2 on “Best Colleges” List . . . . . . . . . . . . . . . . . . . . . . . 21 Exceptional Program, Incredible Support. . . . . . . . . . 22 Message from the Parents Association. . . . . . . . . . . . 23 Parents Making an Impact through the Annual Fund. . . . . . . . . . . . . . . . . . . . . . . 23 2013–2014 Heritage Society. . . . . . . . . . . . . . . . . . . . . . 24 Message from the Chairman of the Development Committee . . . . . . . . . . . . . . . . . 25 2013–2014 WebbEY Members . . . . . . . . . . . . . . . . . 26–29

FOR PROMINENT CAREERS IN THE MARINE

The Admiralty Club . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

industry or other fields of endeavor

Finance & Investments Fiscal Year 2014 (FY14) . . 30–31

s 0ROVIDING VALUED TECHNICAL EXPERTISE AND EDUCATIONAL OPPORTUNITIES to the marine industry

2013–2014 ANNUAL REPORT

A MESSAGE FROM THE PRESIDENT

Reason for Optimism: The Community Gives Back, the Tradition Endures Each time I drive through the gates of Webb, I still feel the same awe and excitement that I experienced some 45 years ago, when I first stepped foot upon the campus.

Only now, my exuberance is

decade has placed us in the upper quartile when

mixed with a heightened sense

compared to our peers. This past year was no

of responsibility, commitment

exception, with our well-diversified portfolio

and appreciation. Webb remains

realizing an annualized return of 16.3%.

a truly magical place. Those of us who have benefited so much R. KEITH MICHEL ’73

President

from the benevolence of William H. Webb, and the generosity of the alumni and friends of Webb

that came before we did, cannot help but respond in kind. This annual report reconfirms our sense of community and our tradition of giving

Are we where we want to be? The answer is no. Our draw on the unrestricted portion of the endowment still hovers around 7%, well above our target level of 4.75%. However, there are many reasons for optimism. We have been prudent in controlling operational expenses without forsaking the quality of education. We have minimal debt.

Our endowment is 90% unrestricted, and the

back: the things that make Webb so special.

restricted portion of the endowment is principally

When William H. Webb expounded upon his

directed at providing tuition scholarships and

distinctive vision–to provide any young man

support for professorships. This enables us to apply

who proved “… himself of competent and

our resources in the most effective way possible.

good character and worth, free and gratuitous

The Annual Fund is the backbone of our financial

education in the art and science of the profession

strength. Testimony to the commitment of

of shipbuilding, both theoretical and practical,”

our alumni and many friends of Webb, annual

he established a foundation of core values that

giving covers nearly 20% of overall expenses.

has endured the test of time. Today, Webb

Without this funding stream, the extraordinary

is the only engineering college in the nation

educational experience we provide to each

that provides every student with a full tuition

of our students would not be possible. Thank

scholarship. The Board of Trustees, faculty, and

you so much for your dedication to Webb!

administration remain committed to this purpose, and to doing so in a financially sustainable way.

We are now in the quiet phase of our capital campaign, “The Campaign for Webb.” If we achieve

We have successfully weathered the economic

our goals–and I have every confidence we will–

downturn of 2008. Reaching $59 million by the

our draw rate will be under 5%, and we will have

end of fiscal year 2014, the Webb endowment

completed critical infrastructure improvements.

now exceeds its 2008 value. Under the adept

This is truly an exciting time for our Institute. I

oversight of Webb’s Investment Committee, led

am thankful to be given the opportunity to be

by chairmen Peter Van Dyke and John Couch,

part of it, and look forward to working with each

the endowment performance over the last

of you to ensure the future of Webb Institute.

WEBB INSTITUTE ANNUAL REPORT

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WEBB INSTITUTE

BOARD OF TRUSTEES OFFICERS CHAIRMAN

George Campbell Jr., Ph.D, President Emeritus The Cooper Union VICE CHAIRMAN

Gregory M. Matzat ’89 Principal Matzat Design & Engineering VICE CHAIRMAN

Bruce S. Rosenblatt (Hon.) President Bruce S. Rosenblatt & Associates, LLC PRESIDENT

R. Keith Michel ’73 Webb Institute SECRETARY

John N. Costello ’89 Assistant Divisional Counsel Laureate Education, Inc.

Richard A. Gilmore ’77 Maran Gas Maritime, Inc. Alison D. Granger P’14 Chief Investment Officer Hartford Foundation for Public Giving William E. Jenkins President (Ret.) SeaRiver Maritime, Inc. Jennifer E. Kollmer ’91 Assistant Chief Naval Architect Rolls Royce Marine North America John A. Malone ’71 Malone Consulting Services Mark F. Martecchini ’79 Managing Director Stolt Tankers Greggory Mendenhall, Esq. Sheppard Mullin Richter & Hampton LLP

Jon J. LaBerge ’76

Stephen M. Payne, Ph.D. Vice President/Chief Naval Architect (Ret.) Carnival Corporate Shipbuilding Southampton

OTHER MEMBERS

Joseph H. Pyne, Ph.D. Chairman/C.E.O. Kirby Corporation

TREASURER

Donald T. “Boysie” Bollinger Chairman of the Board & C.E.O. Bollinger Shipyards David M. Bovet ’70 Partner, Norbridge, Inc. Jay P. Carson ’73 Vice President Engineering (Ret.) General Dynamics NASSCO CDR Richard C. Celotto, USN (Ret.) ’73 Vice President, Engineering BMT Designers & Planners, Inc. John C. Couch Vice Chairman C.M. Capital Corp.

Joseph J. Cuneo ’57 Chairman MARINEX International

Wombi Rose ’09 Founder LovePop Steven T. Scalzo Chief Operating Officer Foss Marine Holdings Luther Tai, Ph.D. Chairman/C.E.O. Roberts Bay Marina, LLC Matthew P. Tedesco ’91, Ph.D. Tedesco Consulting Michael W. Toner Executive Vice President Marine Systems (Ret.) General Dynamics Corp.

Christopher Wiernicki C.E.O. & President American Bureau of Shipping

FACULTY AND STAFF CHAIRMAN EMERITUS

FULL-TIME FACULTY

ADMINISTRATION

Charles G. Visconti ’55 Chairman & President International Cargo Gear Bureau, Inc.

Dean and Professor of Naval Architecture

Assistant to the Director of Financial Affairs

PRESIDENT EMERITUS Ronald K. Kiss ’63

TRUSTEE EMERITI Patrick J. Gilmartin, Esq. (Hon.) Gilmartin, Poster & Shafto Robert D. Goldbach ’58 President MARINEX International William O. Gray (Hon.) President Gray Maritime Company

Richard P. Neilson, B.S., M.S. Associate Professor of Electrical Engineering

Vincent J. DelGatto, B.E., M.E., M.S., P.E. Shirley N. and Stephen R. Towne Professor of Ship Design

Kerri Allegretta Assistant Director of Student Services and Admissions

Katie Becker

Neil J. Gallagher, B.S., M.S., P.E.

Assistant Director of Admissions and Financial Aid

Associate Professor of Mathematics

Electronics Lab Technician

Elena V. Goloubeva, B.S., M.S., Ph.D.

Patrick Doherty Director of Facilities

Assistant Dean and John J. McMullen Professor of Humanities

John Ferrante

Richard C. Harris, B.A., M.A., Ph.D.

Lauri D’Ambra

Assistant Director of Development Services

Shanna Hamilton

David H. Klinges (Hon.) President, Marine Construction Div. (Ret.) Bethlehem Steel Corp.

Associate Professor of Naval Architecture

Laboratory Technician Emeritus

Adrian S. Onas, B.Sc., M.Sc., Ph.D.

President

John W. Russell ‘67 President, Russell Development Co., Inc.

James J. Henry Professor of Naval Architecture

Peter Van Dyke ’60, Ph.D. Managing Director (Ret.) T. Rowe Price

HONORARY TRUSTEES Charles R. Cushing, Ph.D. President C.R. Cushing & Co., Inc. Jerrier A. Haddad (Hon.) Vice President (Ret.) IBM Charles Kurz II (Hon.) President Emeritus Keystone Shipping Co. Richard T. Soper (Hon.) President & Chairman (Ret.) American Bureau of Shipping

EX-OFFICIO MEMBERS Richard P. Neilson ’70 Dean Webb Institute Richard A. Royce James J. Henry Professor of Naval Architecture Webb Institute Nolan B. Conway ’15 Student, Webb Institute

Richard A. Royce, BSIM, B.S.E., M.S., M.S.E., Ph.D., P.E. ABS Chair of Naval Architecture and Marine Engineering

Joseph Mazurek R. Keith Michel ’73 Associate Director of Network Operations

Peter P. Miller Director of Enrollment Management

William G. Murray

Matthew R. Werner, B.S., M.S., M.B.A.

Assistant Director of Media Relations and Communications

Mandell and Lester Rosenblatt Professor of Marine Engineering

Anthony Pizziatolla

Edwin G. Wiggins, B.S., M.S., Ph.D.

Patricia Prescott

Associate Professor of Science

George O. Williams, B.S., Ph.D.

FACULTY EMERITI Professor Emeritus of Engineering

Library Director Executive Assistant to the President and Director of Alumni Relations

Gailmarie Sujecki (Hon.) Engineering Laboratory Technician-Machinist (P/T)

James Swan

Thomas H. Bond, B.S., B.E.E., M.E.E., P.E.

Assistant Director of Annual Fund, Stewardship and Research

Dean Emeritus, Professor of Naval Architecture

Kathleen Welsh

Roger H. Compton, B.S., M.S., D.Eng.

Registrar, Assistant to the Dean and Faculty

Jocelyn Wilson (Hon.)

Professor Emeritus of Naval Architecture

Director of Development

Jacques B. Hadler, B.S., M.S., P.E.

Anthony R. Zic Director of Financial Affairs

Professor of Electrical Engineering

Margo Zoldessy

John F. Hennings, B.S., M.S. Professor Emeritus of Marine Engineering

Alan L. Rowen, B.E., M.S., P.E. Professor Emeritus of Mathematics

Bruce Stephan, B.S., M.S., Ph.D. Professor Emeritus of Engineering

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Karen L. Albanese Director of Media Relations and Communications

Lawrence W. Ward, B.S., M.S., D.Sc.

2013–2014 ANNUAL REPORT

A MESSAGE FROM THE CHAIRMAN OF THE BOARD

A Year of Renewal and Recognition Academic year 2013-14 can be characterized as a year of renewal, devoted to strengthening Webb Institute’s underpinnings. The new president, R. Keith Michel, dedicated a substantial amount of energy to restructuring the operations and building the strong leadership team he will need to advance the Institute’s ambitious strategic agenda.

At the same time, Webb’s sustained commitment to academic excellence was GEORGE CAMPBELL JR., Ph.D.

Chairman of the Board

widely recognized externally, culminating in Money magazine’s comprehensive

new higher education ranking, which placed Webb second in the nation among “The Best Colleges for Your Money,” just ahead of MIT, Princeton, Stanford, and Harvard, respectively.

Like most colleges and universities, Webb is very proud of its rich history and traditions, and the attendant pageants are designed

After this year, Webb will be the only remaining engineering college in the nation that provides every student with a full-tuition scholarship. to celebrate those traditions. Among this year’s most memorable events was the inauguration of R. Keith Michel as the 15th president of Webb where, in the midst of students, faculty, staff, alumni, trustees, and a host of distinguished guests and friends of Webb, he outlined a singular vision of the college’s future. At that time we also welcomed his wife, Peggy, as Webb’s first lady.

This year we reverentially celebrated Webb’s 125th anniversary in a three-day weekend of lectures; discussions; celebratory activities; the screening of a new video on Webb, produced

by Gary Jobson of ESPN; and the release of a new book, Webb Institute:125 Years of Excellence, a compilation of articles illuminating the college’s history. The development of the book was led by trustee and alumnus Jay Carson ’73, under the auspices of a trustee committee chaired by John Costello ’89.

The Board of Trustees itself expanded and enhanced its operations this year, and added an additional full board meeting in March that is now part of its regular schedule of meetings.

Reaffirming our unwavering dedication to academic excellence combined with our tuitionfree policy, the board worked with the new administration to strengthen the foundation for our capital campaign that has been in the planning stages for the past couple of years. This year, the board began to fulfill its previously reported commitment to finance the considerable startup costs of the campaign.

After this year, Webb will be the only remaining engineering college in the nation that provides every student with a full-tuition scholarship.

Equally important is our ongoing mission to produce leaders in the naval architecture and marine engineering professions that remain crucial to the nation’s defense, to national security, and to commercial success.

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2013-2014 DONATIONS Webb Honor Roll of Donors

William H. Webb Society In the pages that follow, we acknowledge all of our donors in the Webb community for their generosity and loyalty—alumni, trustees, friends, parents of alumni and students, family, faculty, staff, students, foundations, and corporations.

Thank you for your continued support of Webb. Your giving has a profound impact on every student, faculty member, facility and program.

VISIONARY

$100,000+ American Bureau of Shipping Dr. John C. Couch (Hon.) Joseph J. Cuneo ’57 James J. Henry ’35 Joseph A. Signorelli ’54

GUARDIAN

$50,000 to $99,999 Thomas W. Gillette ’52 R. Keith Michel ’73 The G. Unger Vetlesen Foundation

PACESETTER

$25,000 to $49,999 Arthur A. Burr ’54 Richard Pomfret ’62 Bruce S. Rosenblatt (Hon.) Dr. Luther Tai Thomas A. Wheaton ’77

BENEFACTOR

$10,000 to $24,999 Mr. and Mrs. Paul Backas P’16 William B. Bartling ’13 Joseph L. Brennan ’79 Peter C. Bryn ’06 Drs. George and Mary Campbell Richard C. Celotto ’73 R. Perry Connell ’97 Charles N. Corrado ’83 Crowley Maritime Corporation Alexander Delli Paoli ’50 Alison and Hal Granger P’14 Kenneth L. Heitner ’64 Robert K. Kistler ’46 Jennifer E. Kollmer ’91 Jon LaBerge ’76 Timothy S. Leach ’91 Eric W. Linsner ’70 Mr. and Mrs. David Louie P’17

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John A. Malone ’71 Thomas N. Manuel ’54 Mr. and Mrs. Mark F. Martecchini, ’79, P’09 Gregory M. Matzat ’89 Richard P. Neilson ’70 Jake M. Neuman ’93 John W. Newcomb ’66 Mr. and Mrs. Joseph H. Pyne Scott Richards ’77 John A. Springer III ’82 Reuben W. Taylor, Jr. ’55 The Society of Naval Architects and Marine Engineers Philip Thiel ’43 Richard W. Thorpe ’55 Anthony A. Urbanelli ’75 Peter Van Dyke ’60 Peter F. Weber ’74 W. Brett Wilson ’75 Alfred M. Zeien ’52 Anonymous

PATRON

$5,000 to $9,999 Benjamin B. Ackers ’97 David M. Bovet ’70 Ron and Susan Briggs Mr. and Mrs. Thomas S. Burns P’08 Louis T. Codega ’78, P’14 Hampton K. Dixon ’11 Philip S. Douthit ’72 Edward C. DuMont Courtney C. Ewing ’05 S. Allen Face III ’70 Kenneth W. Fisher ’64 George A. Gilmore ’57 James N. Greenlees ’72 Mr. and Mrs. George P. Gross GP’10 Paul W. Hayes ’54 Mr. and Mrs. Christopher Herrel P’17 Manuel G. Hontoria ’88 William E. Jenkins Thomas E. Koster ’67

Cody C. Kurtz ’08 Charles Kurz II (Hon.) Mr. and Mrs. Robert Licato P’15 Endel Mann ’60 Joel S. McMinn ’75, P’09 Mr. and Mrs. Greggory B. Mendenhall Mr. and Mrs. George Mouravieff P’09, P’11, P’16 Mr. and Mrs. Paul Neureuter P’14 Orange County Community Foundation Mr. Steven Pagan ’88 John R. Paul ’69 Russell C. Pollack ’08 John W. Russell ’67 Alfred H. Schwendtner ’54 Peter A. Silvia ’62 Richard A. Smith ’03 David G. St. Amand ’77 Steve M. Stone ’06 The Glosten Associates, Inc. Dr. Robert Turoff, P’15 John D. Van Buskirk ’76 Dr. George O. Williams and Ms. Gloria Sosa Douglas M. Wolff ’77 Mr. and Mrs. Walter Zahray P’14 Charles Zeien ’50

SPONSOR

$2,500 to $4,999 Catherine M. Anderson ’93 Applied Physical Sciences Corp.

Ms. Rodae Bang P’16 George W. Birkhead ’63 Henry Boisvert Robert H. Bolling ’97 Thomas H. Bond ’45 Joseph A. Burns, Sc.D. (Hon.) ’62 Steven G. Buttner ’70 Donald L. Caldera ’57 Jay P. Carson ’73

(Hon.) Indicates Honorary alumnus/a. | The names of DECEASED donors are italicized.

2013–2014 ANNUAL REPORT Mr. and Mrs. Martin Conway P’15 Warren E. Culbertson ’47 Jerry W. Cuthbert ’56 Mr. and Mrs. Timothy Dugan P’17 John L. R. Edgar III ’87 Brian P. R. Eisenhower ’06 Carl D. Fast ’77 Philip R. Faurot ’51 Douglas H. Frauenberger ’02 Geoffrey D. Fuller ’72 Anne M. Fullerton ’99 Peter A. Gale ’59 Mr. and Mrs. Drew Gavel P’16 Richard A. Gilmore ’77 Robert D. Goldbach ’58 Christoph A. Grueneis ’92 William B. Hale ’78 Theresa Haven ’92 Russell H. Hoffman ’74 Peter A. Johnson ’56 Roy E. Johnson ’62 Stephen R. Judson ’74 Sang Ouk Kim ’11 Ronald K. Kiss ’63 Horton W. Lain ’55 Capt. and Mrs. George Lawson III P’17 Christopher T. Loeser ’70 E. Charles Maier ’89 Daniel A. Malarkey ’06 Nikolas P. Martecchini ’09 Wayne D. Martin ’67 Ian W. McCauley ’10 John A. Mercier ’60 Mr. and Mrs. Eugene R. Miller, Jr. ’64, P’96 Eugene R. Miller III ’96 Mr. and Mrs. Rusty Mills P’16 Brent J. Morrison ’11 Richard A. Mulford ’61 Mr. and Mrs. Michael Nowakowski P’10 Ronald C. Olander ’55 Jennifer B. Panosky ’85 Mr. and Mrs. David Przelomski P’16 Joseph A. Schetz ’58 Eugene Schorsch ’52 Alexander L. Scott ’10 Mr. Benjamin Scott and Dr. Patricia Shustock P’10 Justin P. Shell ’08 Richard B. Siek ’74 Reed D. Sigfridson ’73 Ted A. Slotwinski ’73 VADM Paul E. Sullivan, USN (Ret.) Winston B. Sutter ’53 Thomas S. Taylor ’53 Catherine A. Tedesco ’94 Matthew P. Tedesco ’91 Thomas P. Tindale ’10 Michael W. Toner Owen W. Tredennick ’97 Christopher N. Tupper ’75 Matthew D. Turns ’00 Paul G. Vibrans ’71 Edward V. Vienckowski ’78 Michael J. Whalen ’79 Meldon J. Wolfgang IV ’93

Steven F. Wolgamot ’69 Dr. Marc Yland P’15

MEMBER

$1,000 to $2,499 Edgar D. Alderson ’49 Paulo A. Almeida ’95 A. Todd Andre-Colton ’74, P’05 Badge Agency, Inc. Cameron M. Baker ’07 Eric G. Bauder ’84 Christopher J. Becker ’08 David B. Benson ’56 George J. Berger ’66 F. Roland Bjorklund ’66 Jeffrey B. Bowles ’00 Alfred A. Bozzuffi ’78 Mr. and Mrs. Thomas Brackin P’16 W. Porter Bratten III ’08 Stephen R. Breit ’79 Mr. Chris Brown and Ms. Samira Hakki P’16 Mr. and Mrs. Frank Russell Brown Neal A. Brown ’57 Corey L. Bruno ’02 Vince Burkhardt Ian R. Busch ’88 Kathleen M. Cain ’07 Robert B. Carelli ’09 Hayden A. Carney ’58 Gregory E. Castleman ’76 Dr. and Mrs. Terry Chaffee P’16 Henry Chang ’98 David S. Chapman ’72 Paul D. Chapman ’67 Lih-Guey L. Chen P’15 Yongjun Chen PG’99 Fred B. Chester ’66 Allan S. Childers ’12 George L. Colborn ’54X Roger H. Compton ’61, PG’64 John N. Costello, Jr. ’89 Thomas E. Dickenson ’92 Lowell A. Dickerson ’10 Paul H. Diehl ’56 Douglas H. Dirks ’66 Katherine Dixon P’11 Victoria Dlugokecki ’88 Nicholas M. Dombrowski ’02 Mr. and Mrs. John Donlan Alana Duerr ’08 Phillip S. Duerr ’09 James R. Dwyer ’72 Richard G. Eddy ’55 Mr. and Mrs. John Fagan P’17 Kenneth W. Faulter ’81 Dr. and Mrs. Richard Ferrieri P’11 Peter B. Fontneau ’68 R. Mark Forssell ’55 Matthew R. Fox ’04 Howard Frauenberger P’02 Elinor R. Freinberg Austin J. French ’09 John P. Gallagher ’74 Neil J. Gallagher ’78 Charles Garland ’58

Adam E. Geary ’07 Jacob M. Genauer ’10 Mr. and Mrs. Anthony Gianforcaro P’15 Patrick J. Gilmartin (Hon.) John L. Glaeser ’68, P’03 Douglas M. Gluntz ’57 Richard A. Goldbach ’58 Fred Gordon ’78 William T. Gotta ’07 John A. Graap, Jr. ’61 Richard S. Graham ’83 Leslie M. Gray III ’68 William O. Gray (Hon.) Mr. and Mrs. Stephen Griswold P’14 George Gross P’10 Mr. and Mrs. Steven Guglielmoni P’12 David W. Gustavson ’78 Evelyn R. Hackel ’05 Jerrier A. Haddad (Hon.) Dr. Jacques B. Hadler Sc.D. (Hon.) Mrs. Mary A. Hafner John W. Hall ’63 Raymond S. Hall, Jr. ’58 James R. Hancock ’67 Mr. and Mrs. Michael Hanford P’15 William E. Hanks ’44B Arthur L. Harrison ’59 James Harvie ’55 Robert J. Healy ’83 Todd R. Heidenreich ’89 Mark R. Henry ’62 Taylor M. Herinckx ’06 Christopher A. Hicks ’99 Jay S. Howell, Jr. ’72 William C. Hurt III ’59 D. Michael Hutchings ’95 Frank J. Iarossi (Hon.) Spencer Johnson ’93 Joseph J. Kelleher ’84 Edmund T. Klemmer ’44B David H. Klinges (Hon.) John R. Knobel ’73 Ulrich H. Koch ’55 Mr. and Mrs. L. Randall Koenig P’80 Stephen D. Koopman ’91 Laurence G. Krantz ’65 Clinton W. Kreitner PG’65 Alfred Kurzenhauser ’51 Heidi C. Landen-Greene ’96 Geoffrey G. Landon ’79 John W. Larson ’53 Maurice J. Laurier ’50 David S. Lawson, Jr. ’55 Cyrus J. Lawyer IV ’06 Conan H. Lee ’89 Peter S. C. Lee ’10 Gabriel F. Lefebvre, Jr. ’52 Lauren R. LeRoy Marc T. Limeri ’77 Lindsey K. Lindgren ’08 Bridget F. Lisnyk-Washlack (Hon.) Harrison T. Loeser ’43 Anthony Loreto ’08 Christopher H. Lyons ’10 Dr. and Mrs. Walter M. Maclean

Jeffrey S. Magrane ’89 Kyle R. Manis ’12 Robert J. Marinelli ’73 Bernard C. Mayer ’57 Joseph Mazurek (Hon.) Justin H. McCarthy ’55 Nathan J. McKenzie ’98 Paul B. Mentz ’64 Candace Miano ’04 Thad J. Michael ’97 Susan Miner P’91 Stephen T. Minnich ’08 Justin C. Morgan ’12 Mr. and Mrs. John Morrissey P’17 Edmund C. Mortimer PG’63 Andrei Mouravieff ’09 Lidia Mouravieff ’11 Sean P. Murphy ’13 Ian Mutnick ’96 Schuyler J. Needham ’12 Erik Nilsson ’93 Liam C. O’Connell ’98 John F. O’Dea ’68 Matthew H. O’Leary ’07 RADM and Mrs. Robert C. Olsen, Jr. Thomas T. O’Shea ’00 Jay E. Paris ’64 Ryan A. Pfeifer ’11 George L. Phillips ’51 Charles G. Pieroth ’61, PG’64 Philip M. Poullada ’78 Mark D. Pudlo ’87 David C. Purdy ’50 Walter D. Rabe ’70 Irving G. Raphael ’67 Edward A. Rerisi ’96 Donald E. Rickerson III ’13 Thomas C. Rider ’82 Benjamin E. Rising ’93 Paul W. Risseeuw ’65 David R. Rodger ’63 Richard C. Rodi ’64X Robin S. Rose ’09 Karen G. Rossbach ’91 Mr. and Mrs. Jon Roussin P’17 James W. Royle, Jr. ’66 Eric Runnerstrom ’69 Kenneth Rusinek ’72 Kit Ryan ’67 Christian Saether ’75 Arthur C. Sargent ’53 Cullen D. Sarles ’10 Rachel A. Sawyer ’09 Steven T. Scalzo Roxanne R. Schacht ’13 Spencer A. Schilling, Jr. ’82 Christine Schleicher ’89 Dean M. Schleicher ’88 Richard Schmitt ’62 Daniel Schorsch ’58 James J. Shaughnessy ’89 Lewis R. Sheldon III ’73 David M. Shepard ’85 Steven C. Shepstone ’77 Lorne B. Sheren ’73 Edward Shope ’59 Elizabeth M. Singleton ’07 John E. Sirutis ’67 J. William Smith ’63 Richard A. Smith ’76

Mr. and Mrs. Ronald Smith P’13 Douglas L. Snediker ’98, PG’99 Paul G. Snyder ’69 Joel P. Sodowsky ’96, PG’97 Kelly T. Sonerholm ’06 Dr. Richard T. Soper, Sc.D. (Hon.) Leah R. Sosa ’08 J. Niel Spillane ’50, GP ’13 Jeremy A. Stahlin ’66 Mr. and Mrs. George Stebe P’08 John R. Stebe ’08 Stanley C. Stockdale ’73 Joseph F. Stroschein ’56 Luke L. Suda ’80 Gailmarie Sujecki, (Hon.) Sean M. Sundey ’03 Mr. Bruce Thompson and Ms. Laurie Geisel P’15 Edmund G. Tornay ’56 Elizabeth A. Tuckel ’01 Matthew L. Unger ’04 Mr. and Mrs. John Van Amsterdam Justin C. Van Emmerik ’13 Joseph M. Verdon ’63 Charles G. Visconti ’55 Brett A. Vitols ’89 Robert J. vom Saal ’67 Charles B. Walburn ’70 J. Michael Wallace ’62 Peter K. Wallace ’93 Mr. and Mrs. Homer N. Wallin, Jr., PG’62 Walz and Krenzer, Inc. Jonathan D. Ward ’09 Thomas J. Waters ’89 William C. Webster ’59 Abbott D. Weiss ’63 Mr. and Mrs. Robert Weklar P’15 Elizabeth E. White ’99 Stephen D. White ’99 Sarah E. Wickenheiser ’08 Vincent S. Wickenheiser ’08 Daniel Wilson ’09X Mr. and Mrs. Peter Wistort P’17 Scott G. Withee ’72 Stefan T. Wolczko ’09 David M. Yannitell ’67 Dr. Kathryne Yland P’15 Mr. and Mrs. Peter B. Zahn ’80, P’05 Douglas C. Zangre ’13 Robert B. Zubaly ’55 Anonymous (5)

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2013-2014 DONATIONS Webb Honor Roll of Donors

PRESIDENT’S CLUB

$500 to $999 Jonathan R. Amy ’70 Robyn J. Anders ’64 Roderick A. Barr ’60 Mr. and Mrs. William Bartling P’13 Mark R. Bebar ’70 Gwendalyn D. Benoit ’01 James B. Benoit ’01 Mr. and Mrs. Robert B. Benoit P’01 Michael R. Birmann ’86 Matthew D. Blake ’78 Alan M. Bolind ’98, PG’99 Andrew S. Bond ’98 Mr. and Mrs. Myron Boyd P’17 Thomas P. Brewton ’74 Stuart C. Bunnell ’70 Thomas W. Campbell ’69, P’99 William M. Cannon ’65 Michael E. Cariello ’10 Dr. and Mrs. Esteban Castro P’11 Albert R. Chovit ’51 Christopher J. Chovit Richard A. Claytor PG’56 Robert M. Conachey ’80 Anthony T. Constable ’02 Joseph N. Corvelli ’93 Dudley A. Dawson ’71 Eleanor B. Day Donald C. Deckebach II ’63 Nicholas J. DelGatto ’12 Mr. and Mrs. John Denaro P’14 Tedi R. Derrickson ’10 Andrew J. DeSpirito ’03 Jacqueline A. DeSpirito ’02 Christopher Dlugokecki ’92 David J. Donatelli ’11 Sean R. Doran ’12 Jonathan H. Dowsett ’09 Robert E. Dvorak ’07 Daniel A. Dwyer ’13 Michael S. Eaton ’06 David D. Eberhardt ’07

8

John S. Eck ’90 Robert L. Ediin ’54 Samuel R. Ernst ’03 Patrick D. Faas ’07 Frank P. Falci, Jr. ’54 Jaye Falls ’95 James A. Fay ’44B Jenna M. Ferrieri ’11 Theresa L. Fielding ’96 Kimberly A. Fisher ’86 Alan G. Forssell ’53 Michael L. Gerardi ’82 Michael J. Goodwin ’69 Patrick J. Goss ’90 David J. Grant ’98 C. Kent Greenwald ’80 Gregory M. Griffin ’77 Jennifer G. GrimsleyMichaeli ’98 Matthew J. Groff ’12 David M. Gross ’10 Mr. Arthur Cheliotes and Dr. Linda Gross-Cheliotes P’10 Charles L. Grover III ’58 Ryan E. Hackel ’04 Thomas R. Hagner ’66 Jared P. Harlan ’12 Peggy Harris Dr. Richard C. Harris Andrew D. Harville ’09 Brian D. Heberley ’01 Christine L. Heberley ’02 David A. Helgerson ’77 T. Mark Herder ’78 Halsey C. Herreshoff ’55 Ernest L. Holmboe ’61 Kenneth C. Holmboe ’55 John C. Hootman ’01 Joseph A. Hubbard ’95 Michael J. Hughes ’88 Diane Hurley Lucas A. Hurt ’01 John F. Ince ’66 Alexandra Iozzi P’15 Daniel P. Jacques ’87 Orris B. James, Jr. ’51X Mr. and Mrs. Michael Jansen P’14

Caitlin E. Jarecki ’05 Vincent J. Jarecki III, ’05 Robert K. Jenner ’70 Ralph E. Johnson ’68 Eric Jordan ’05 Albert N. Kamahi ’93 Mr. and Mrs. Isaac Kamahi P’93 Donald E. Kane, Jr. ’48 Steven L. Kerr ’82 Ivan N. Kirschner ’81X Robert J. Kleinschmit ’06 Philip C. Koenig ’80 Mr. and Mrs. Thomas Kupferer P’99 Mr. and Mrs. John C. LaBerge P’76 Stephen J. Lardie ’73 Michael D. LaRose ’13 Mr. and Mrs. Simon Lee P’05 Jonathan D. Leivo ’07 William T. Lindenmuth ’63 Mr. and Mrs. John Lorenc P’16 Mrs. Roger M. Luke Andrew Lum ’12 Duncan T. MacLane ’78 Daniel S. Mannheim ’08 Matthew G. Marburger ’07 Henry S. Marcus ’65 William J. Markuske ’10 Thomas W. Mattson ’67 William R. McCreight ’67 Gary W. McCue ’75 Mr. and Mrs. Douglas McKenzie P’98 Joshua S. McMinn ’09 Barton W. McPheeters ’85 Vito R. Milano PG ’60 David H. Milligan ’77 Jason W. Minett ’06 Joseph D. Mott, Jr. ’75 Katharine A. C. Munkenbeck ’04 Mr. and Mrs. Victor Mutnick P’96 George P. Neyman PG’66 Francis X. Nicastro ’56 Dr. Nadine Oakley Simms

(Hon.) Indicates Honorary alumnus/a. | The names of DECEASED donors are italicized.

Jack Oczeretko ’12 Henry A. Olson ’63 Mr. and Mrs. Keith O’Sullivan P’14 Jonathan G. Parrott ’79 Joel R. Parry ’79 Dr. and Mrs. Carl R. Partanen P’87 Dale E. Pederson ’12 David R. Pedrick ’70 Craig A. Pomeroy ’83 Mr. and Mrs. Alan Poritz GP’15 Herman S. Preiser ’49 Mr. and Mrs. Dominique Ratinaud P’17 Douglas A. Read ’97 Lisa M. Read ’97 Dr. and Mrs. Daniel Reifsnyder P’08 Jeffrey D. Reifsnyder ’08 John K. Roper ’53 Edward W. Ross ’45 Joshua W. Rothman ’10 Nathan A. Russo ’98 Jennifer R. Ryan ’99 Dustin R. Rybovich ’10 Mr. and Mrs. Daniel Sarles P’10 David J. Sawyer ’08 Carolyn Scafidi P’17 Robert C. Seiwell, Jr. ’69 Carl R. Setterstrom ’73 Luke A. Shingledecker ’00 Michael L. Silber ’63 Monique Sinmao ’93 Mr. and Mrs. Jeffrey Slocum P’10 Bret S. Smart, Jr. ’09 Raub W. Smith ’79 Daniel J. Snyder ’10 John S. Spencer ’69 Colin T. Spillane ’13 Jerry L. Steiner ’70 Robert J. Stortstrom ’77 Robert J. Talarico ’12 Michael J. Telfer ’98 Jessica K. Tomczak ’08 Joseph J. Tooker ’02

Mr. and Mrs. Barr Turner P’17 Mr. and Mrs. Stephen R. Turns P’00 Mr. and Mrs. Mark Van Emmerik P’13 John Vasilakos ’77 Britton R. Ward ’95 Samuel K. Waterhouse ’13 Jennifer K. Waters ’91 William A. Watts ’76 Webb Alumni Association Emily E. Whitman ’05 Jonathan G. Williamson ’58 Mr. and Mrs. Dean Wingfield P’15 John P. Wise ’09 Karl R. Witmer ’75 Mark K. Wolf ’95 Eugene A. Yourch ’59 Matthew B. Zahn ’05 Troy D. Zangle ’13 Thomas E. Zielinski ’72 Richard T. Zuerner ’59X Anonymous (4)

YOUNG AMERICA CLUB

$250 to $499 Brendan M. Abbott ’04 Daniela T. H. Abbott ’04 Michelle L. Adam ’97 Kenneth C. Anderson ’82 James K. Antrim ’72 Dennis F. Antweiler ’71X James Arnold and Jeannine Fox P’17 Heather D. Barden ’03 Susan C. Barra P’07 Michael C. Barton ’90 Mr. and Mrs. Greg Bashkoff P’17 Gerald E. Bellows ’71 Victor W. Bethge ’53, GP’05 Catie Blake-Burnett Gary Bornstein Michael J. Bradford ’75 Terry E. Brockett ’62 Diana M. Brown ’09 Michael Bushnell ’69

2013–2014 ANNUAL REPORT

Mr. and Mrs. David Cain P’07 Brendan M. Carr ’07 Michael G.K. Cheng ’12 Matt Collette ’99 Corn Island Shipyard Bruce D. Cox ’66 Steven M. Cullity, Jr. ’07 Christopher B. Decker ’95 Dr. Theresa and Dr. Roland DeMarco, P ’13 Roland D. DeMarco ’13 Mr. and Mrs. George T. DeSpirito P’03 Edgar P. Dollin ’80 Grant B. Dugan ’81 David S. Dumont ’94 Mr. and Mrs. Robert Eaton P’06 Allen D. Evans ’61 Mr. and Mrs. Harrison Faas P’07 J. Carey Filling, Jr. ’93 John A. Fleming ’12 Mr. and Mrs. Trevor French P’09 Mark W. Gagnon ’82 Bradley D. Golden ’99 Douglas C. Goldhirsch ’85 Samuel Granger ’14 Stuart R. Greene ’95 Austin P. Guenther Steven Guglielmoni ’12 Lance O. Guliani ’81 William T. Gurnee PG’68 Nathan T. Hagan ’12 Robert W. Hall ’67, P’95 Daniel H. Harris ’85 Nancy A. Harris ’88 Mr. and Mrs. Rod Harris P’14 John G. Harrison ’70 Charles E. Hawkins IV ’91 Robert B. Hedges ’53 Bill Helming ’73 Scott C. Henry ’97 Patrick T. Hester ’01 John F. Hillmann ’56 David S. Homiak ’75 Richard D. Jaffin ’45 Peter E. Jaquith ’65 Kristin P. Jarecki ’08 Mr. and Mrs. Robert C. Kehl P’91 Mr. and Mrs. David Kleiman P’87 Timothy A. Knowles ’75 Andrew R. Kondracki ’83 Mr. and Mrs. Daniel Kremers P’17 Mr. and Mrs. Krzysztof Kuczera P’15 Russell E. Kupferer ’99 Andrew J. Lachtman ’11 Michael G. LaGrassa ’07 Andrew R. Lange ’06 Mr. and Mrs. Donald R. Lee P’89 Johanna M. Lee ’08 David E. Little ’75 Donald M. MacPherson ’80 Amanda M. Malarkey ’10 James W. McCoy ’57 Bill R. McEachen ’84 Ian S. McMahon ’11

John R. Mixon ’97 James R. Moody ’82 David G. Moorhead ’65 Michael G. Morabito ’05 Brian M. Mulligan ’94 Stephen K. Neely ’85 Gerardo E. Nixon ’13 Andrew J. Nowakowski ’10 Mr. and Mrs. Clarence O’Connor P’15 Mark D. Paulhus ’85 George A. Petersen ’51 Daniel J. Platt ’87 George H. Plude ’54X Robert C. Ranzenbach ’82 Robert H. Reed ’89 Mr. and Mrs. Brandt A. Rising P’93 Scott D. Roodvoets ’86 Christopher Rose ’11 Dr. Richard A. Royce Joseph G. Rudnicki ’73 Thomas D. Sartor Arthur W. Schmidt ’48 Gram E. Schweikert ’02 Frederick Seibold, Jr. ’61 Shipowners Claims Bureau, Inc. Mr. and Mrs. J. Ilja Siepmann P’17 Douglas L. Slocum ’10 Emerson L. Smith ’08 Marc V. Smith ’13 Jonathan J. Soja ’13 Mr. and Mrs. Joseph Soja P’13 Mr. Joseph Stansky and Ms. Lynn O’Brien P’16 Oren L. Stephans ’59 John J. Sullivan IV ’01 Christopher Swanton ’98 William B. Terney ’60 Wayne S. Thayer ’80 Bernard M. Thomson III ’66 Lennert O. Thunberg ’58 Mrs. Andrew Tindale P’10 Stephen J. Van Denburg ’01 Edward S. Van Dusen ’67 Mr. and Mrs. Philip L. Vittetoe P’94 Phillip J. Wagner ’78 Lawrence W. Ward PG’51 Jana Wesson ’95 Mr. and Mrs. Daniel Wickenheiser P’08 Carl P. Wilson ’51 Mr. and Mrs. Donald Wolczko P’09 Gary R. Zane ’77 Anthony R. Zic Anonymous (3)

DONORS

$1 to $249 Michael A. Abbruscato ’11 Mr. and Mrs. Richard Aiken Mr. and Mrs. A.S. Almeida P’95 John P. Archibald ’75 Ryan J. Babb ’02 L. Dennis Ballou PG’61 Robert I. Barra ’07

Mr. and Mrs. Clifford Bauer P’84 Mr. and Mrs. Nigel J. Beale P’01 Thomas A. Beckley ’95 Connor Bennett ’14 Mr. and Mrs. Richard Bennett P’14 Janet Berger P’96 Cathryn A. Bishop ’12 Mr. and Mrs. Ray Boltz P’12 Albert H. Bowers, III ’62 Mr. and Mrs. Twyman Bowman Damian Bozzacco ’00 Trish Bratten-Kidder P’08 Mrs. Frank A. Breit P’79 Allyn V. Bress PG’59 William L. Brinck ’60 Gail A. Broome P’91 Kyle S. Brunelle ’82 Martin N. Burtness ’85 David L. Butts ’44B Mr. and Mrs. Wiley Cable GP’15 Peter D. Canning ’72 Phyllis Canter Mark D. Caplan ’85 John Carlson ’14 Chad S. Caron ’98 Esteban L. Castro ’11 Thomas W. Chadwick ’72 Mr. and Mrs. John Chatterton Mr. and Mrs. Albert Cheng P’12 Mr. and Mrs. Allen Chin Wayne H. Christensen, Jr. ’61 W. Edward Christiansen ’58 James Codega ’14 Peter R. Coe ’76 Thomas B. Cole ’60 David H. Collins ’73 Michael D. Comens ’72 James Cook Seth D. Cooley ’10 Stephane J. Cordier ’82 Kenneth E. Court ’60 Mr. and Mrs. Martin L. Cover P’92 Bruce O. Cox Karyn V. Cox ’02 Christopher C. Critchett ’91, PG’97 Mark P. D’Angelo ’07 William C. Danilczyk ’07 Mr. and Mrs. John K. De Laney GP’14 Kierstin M. Del Valle ’13 John A. DiBlasi ’86 Greg Diggs ’91 Jacqueline C. Diggs ’92 Florence Dlugokecki P’88, P’92 Mr. and Mrs. John Dona GP’15 Daniel H. Dorman ’83 Mr. Damon Douglas and Mrs. Therese Ross P’15 Kenneth Dzinbal, P’17 Sarah Dzinbal Dr. and Mrs. John Edinger P’99 Jon K. Elliott PG’68 Phil Essex Nathan S. Fast ’14

Mr. and Mrs. Kevin Fettig P’17 Mr. and Mrs. John E. Fielding P’96 Millard S. Firebaugh (Hon.) Benjamin Fisher ’11 Wm. Jason Flatt ’98, PG’99 Peter W. Flemming ’75 Mr. and Mrs. Robert Fooks P’85 Robert P. Fooks ’85 Willa N. France ’72 Scott G. Furr ’00 Paul F. Gallagher ’87 Mr. and Mrs. Joseph Gargiulo P’17 Karen Gazerwitz Daniel B. Gebhardt ’95 Irene Genauer P’10 Mr. and Mrs. Joseph Gilfus P’15 Robert F. Glover, Jr. ’85 A.W. Goode, Jr. Eugene H. Gotimer ’90 Mr. and Mrs. Thomas Gotta P’07 John A. Grabeel ’94 Marie Graham P’14 Matthew Graham ’14 Shelley Granger GP’14 Mr. and Mrs. James U. Grant P’98 David S. Greeley ’76 Todd S. Gregory ’99 James A. Gretzky ’80 Samantha Griswold ’14 Roger Griswold GP’14 Paul Gronwall ’71 Peter C. Gross ’82 Mr. and Mrs. Paul Guenther Barbara Hamlin (Hon.) Eric Harris ’14 Zachary J. Harris ’11 Mr. and Mrs. James Harville P’09 Casey M. Harwood ’11 Ruth Hawkins-Dangler Daniel R. Healy ’87 Jo Ann Healy P’89 Lorraine Healy ’87 Mr. and Mrs. Guy M. Hendrix P’84 Douglas S. Henn ’79 Kathleen Henn ’80 Mr. and Mrs. Robert P. Henry P’97 Mr. and Mrs. Matthew Herinckx P’06 Mr. and Mrs. Bruce D. Hillenbrand Glenn Howard, Jr. Donald and Dianne Huggins Bob Huret ’65X Alexander Iley ’14E Russell Imbesi P’17 Alma C. M. Jacobson ’01 Donald R. Jacobson ’01 Jake R. Jacobson Marion C. James ’11E Henry Jansen ’14 Elizabeth F. Jeffers ’01 Patricia B. Jeffers P’01 Robert S. Johnson ’59 Anne Jones

Mr. and Mrs. R. Putney Jones Lauren N. Kadlec ’09 Bradley S. Kell ’80 Robert L. Kelly ’46 Karl L. Kirkman ’65 Justin R Klag ’11 Michael E. Klein-Urena ’11 John B. Kopp ’41 Frederick Kraemer David C. Kring ’88 Gerhard E. Kurz Richard F. Labasky ’76 Christopher M. Lake ’96 Susan E. Lake ’99 Joshua R. Lambertsen ’11 Alexander C. Landsburg ’66X Adam F. Langerman ’04 Peter J. Lapp ’77 Mr. and Mrs. Martin Lazarus P’99 Evan J. Lee ’05 Mr. and Mrs. Gary Lee P’08 Mr. and Mrs. John Lee Lawrence Leibman ’86 Sarah M. Leitner ’95 Mr. and Mrs. Karl Leivo P’07 James Linville Mr. and Mrs. Michael Maffei P’17 Mr. and Mrs. Joseph H. Magrane P’89 Wilbur J. Mahony PG ’58 Mr. and Ms. Robert Malarkey P’06, P’10 Mr. Gabriel Mannheim and Dr. Andrea Platt P’08 Mary Maray Fendall Marbury ’50 Glen W. Margolis ’85 William C. Marrin, Jr. ’59 Alan McConnell Mr. and Mrs. Douglas McElheny P’17 Robert McGowan ’62 Jim McMahon ’85 Geraldine McMinn P’75, GP’09 Douglas R. McPherson ’75 Clifford P. Meyer ’60 Herron W. Miller III ’79 Melissa K. Morgan ’86 Mr. and Mrs. Ken Morrison P’11 Mr. and Mrs. Gerhardt G. Muller P’94 Anne Mulroy, P17 Mr. and Mrs. John Mulvihill P’84 Mr. & Mrs. George J. Munkenbeck, Jr. P’01, P’04 Timothy Murphy Mark J. Myers-Russo ’98 Randall Neureuter ’14 Roy A. Neyman ’77 John D. Nonemaker II ’10 Carol Nugent S. Taylor Olson ’91 Scott D. Orlosky ’77 Conor O’Sullivan ’14 Robert H. Owens ’77 Mr. and Mrs. Alfred R. Pagan P’88 continued on the following page

9

WEBB INSTITUTE

2013-2014 DONATIONS Webb Honor Roll of Donors

DONORS

$1 to $249 continued from previous page Mr. and Mrs. Robert Patrick P’08 Mr. and Mrs. Bruce Patterson P’09 George B. Patterson ’57

Laura K. Patterson ’09 Stephen M. Payne (Hon.) Mr. and Mrs. Ralph Peak GP’00 Kevin R. Pearce ’90 Pembroke Construction Co., Inc. Thomas J. Perrotti, Jr. ’85 Brian J. Petersen ’07 George L. Petrie ’70

2013-2014 DONATIONS Gifts In Honor Of, In Memory Of, and WAA Donations In Memory Of GIFTS IN

HONOR OF Mr. Arthur A. Burr ’54 John Van Amsterdam Karen I. Gazerwitz Diane S. Hurley John F. Lee Vince Burkhardt Arthur A. Burr Stefan T. Wolczko ’09 Alan McConnell

10

John T. Pierce PG ’63 Andrew W. Polay ’00 Mr. and Mrs. Neil Polay P’00 Nathan L. Pratt ’07 Mr. and Mrs. Edward R. Primeggia Alfred I. Raff ’58 Marilyn Read P’97 James Q. Rice IV ’86 Robert K. Richardson ’60 Dr. and Mrs. Lawrence Riemer P’05 Niel I. Rising, GP ’93 Geoffrey S. Rivinius ’75 Mr. and Mrs. Tom Rockwell P’15 Patricia L. Root Mr. and Mrs. Thomas Ryan P’88 Ryan W. Sadlo ’07 Roy V. Sarraffian ’04 Lawrence Schober ’87 Schottel, Inc. Mr. and Mrs. Christopher Schweikert P’17 Paul Schweizer ’08 Lori R. Sharpe ’82 John W. Sims ’52 Mark Skinner ’67X Mr. and Mrs. Bret Smart P’09 David Smith ’14 Jeffrey Smith

GIFTS IN

MEMORY OF William J. Blanton, Jr., P.E. ’71 James N. Greenlees Charles M. Cox ’41 Donald E. Kane Twyman E. Bowman James Cook Bruce O. Cox A.W. Goode Anne B. Jones R. Putney Jones Carol Nugent Pembroke Construction Co., Inc. Mike Sweeney Richard N. Crawford PG’57 Brent J. Morrison Thomas B. Crowley, Sr. Crowley Maritime Corporation Elaine Dalzell Thomas N. Manuel James P. Day ’52 Eleanor B. Day R. Peaslee DuMont ’32 Edward C. DuMont

Nathan A. Smith ’01 Luke C. Soletic ’08 Dr. and Mrs. Raymond Soletic P’08 Joseph Sosa P’08 Mrs. Lynn Sosa and Mr. Jeff Parkin P’08 Anissa M. Stansfield ’99 Todd M. Stansfield ’99 Larry K. Stephens ’63 Richard L. Storch ’67 Mr. and Mrs. Michael B. Stusse P’00 Mr. and Mrs. Mike Sweeney Daniel H. Thompson ’57 Theodore L. Thorsen ’61 Daniel P. Thrush ’96 Jeanne E. Torstenson ’93, PG’97 Mr. and Mrs. Brad Totten P’15 Adam H. Van Doren ’08 Mr. and Mrs. Donald G. Vernon P’83 Mr. and Mrs. Harold E. Waldner P’93 Rachel Walker ’14 William G. Wallace ’65 Mr. and Mrs. David Ward P’09 Robert A. Warren ’65 Mr. and Mrs. Jerome T. Waters P’89 Paul T. Weber ’92 Matthew R. Werner ’95

John J. Hopkinson John A. Malone

Robert L. Williams ’54 Thomas N. Manuel

Robert G. Mende ’51 Richard Aiken Ruth Hawkins-Dangler Bruce D. Hillenbrand Ronald K. Kiss Patricia L. Root Gailmarie Sujecki

Douglas M. Wolff ’77 Phil Essex Courtney C. Ewing Marc T. Limeri Mary Maray Brent J. Morrison Jonathan G. Parrott Schottel, Inc. John Vasilakos Richard West

Clifford P. Meyer ’60 Thomas B. Cole Frederick Kraemer John A. Mercier Capt. Richards T. Miller, USN (Ret.) James Linville Owen H. Oakley ’37 Nadine Oakley Simms Richard A. Partanen Carl R. Partanen Marge Raies Brent J. Morrison Philip J. Sims ’71 John A. Malone Jeffrey Smith Thomas J. Sartor, Jr. ’54 Thomas D. Sartor

Stephen C. Dvorak ’50 Robert E. Dvorak

John C. Taylor ’72 James N. Greenlees Peter F. Zink

Herbert I. Freinberg ’46 Elinor R. Freinberg

Philip Thiel ’43 Brent J. Morrison

(Hon.) Indicates Honorary alumnus/a. | The names of DECEASED donors are italicized.

Mr. and Mrs. Richard West P’16 Gabriel D. Weymouth ’01 Mr. and Mrs. Charles Whalen P’11 Katherine A. Whalen ’11 Mr. and Mrs. Marvin White Marcin H. Whitman ’81 Lorraine Wida, GP’17 Andrew D. Wiggins ’03 Geoffrey D. M. Wilkie ’82 Robert M. Wilkinson ’51 Simmy D. Willemann ’10 Mr. and Mrs. Avram Wiseman P’11 Ethan T. Wiseman ’11 Women’s Propeller Club Kirsten E. Wunder ’14 Mr. and Mrs. Thomas Wunder P’14 Daniel W. Yannitell ’62 Timothy Yen ’04 Tin-Guen Yen ’98 Don B. Young ’60 Amy Zahray ’14 Aurore V. Zuzick ’09 Anonymous (3)

WEBB ALUMNI ASSOCIATION DONATIONS MADE IN MEMORY OF Charles M. Cox ’41 Norman O. Larson PG’63 Robert G. Mende ’51 Clifford P. Meyer ’60 Richards T. Miller ’40 Mrs. Sunshine S. Payne (Hon.) Robert V. Pierce ’50 Robert B. Reed ’45 Philip J. Sims ’71 Stephen B. Slaughter ’74 Henry B. Suydam ’43 Donald J. Szostak ’59 Philip Thiel ’43 Robert L. Williams ’54 Douglas M. Wolff ’77

2013–2014 ANNUAL REPORT

CE L E BR AT I NG OU R

125 Years of

Excellence

11

2013-2014 DONATIONS Cumulative Giving The William H. Webb Society honors and celebrates the extraordinary commitment of Webb's most loyal contributors—those donors whose cumulative giving exceeds $25,000.

LAUREATE FELLOWS $1,000,000+

We extend our sincere appreciation to the following alumni, trustees, parents of alumni and students, friends, corporations and foundations, who are members of the William H. Webb Cumulative Giving Society.

American Bureau of Shipping John O. Crafts 1902 Joseph J. Cuneo ’57 (n) James J. Henry ’35 (n) Mr. and Mrs. Allen N. Hoyt ’36 Kate I. Luckenbach H. Smith McKann ’38 Dr. John J. McMullen (Hon.) James G. Motley 1914 Stephen R. Towne ’40 Alfred M. Zeien ’52

LAUREATE SUSTAINERS $500,000 to $999,999

William J. Blanton, Jr. ’71 Arthur A. Burr ’54 John C. Couch D.C.S. (Hon.) (n) ExxonMobil Foundation Mr. and Mrs. Harold F. Lenfest Mr. and Mrs. John A. Livingston ’24

LAUREATE LEADERS

$250,000 to $499,999 Victor W. Bethge ’53 Crowley Maritime Corporation Jerry W. Cuthbert ’56 (n) Leslie B. Durant ’39 GAMCO Asset Management Company Richard A. Goldbach ’58 Robert D. Goldbach ’58 Jacques B. Hadler (Hon.) (n) A. Dudley Haff ’37 Robert K. Kistler ’46 Mr. and Mrs. Duane H. Laible ’62 Willard V. Markey ’35 (n) Metro Machine Corp.

Owen H. Oakley ’37

12

Robert H. Owens ’44A (n) Lester Rosenblatt (Hon.) John W. Russell ’67 Richard W. Thorpe ’55 Peter Van Dyke ’60

FOUNDING

$100,000 to $249,999 Mario Iacobucci Andrea ’39 Carl B. ’25 and Florence H. Aster Joyce P. Bethge (Hon.) Donald L. Caldera ’57 (n) Jay P. Carson ’73 Richard C. Celotto ’73 (n) Alexander Delli Paoli ’50 Katherine Dixon, P’11 S. Keith Dixon, P’11 Kenneth W. Fisher ’64 Thomas F. FitzGerald ’34 Thomas W. Gillette ’52 (n) Lawrence R. Glosten ’40 Mr. and Mrs. Frank J. Graziano (Hon.) Kenneth L. Heitner ’64 Herbert Engineering (n) Mr. and Mrs. Clifford E. Hoitt ’34 Huntington Ingalls Newport News Ronald K. Kiss ’63 Charles Kurz II (Hon.) Timothy S. Leach ’91 John A. Malone ’71 Thomas N. Manuel ’54 McMullen Family Foundation Roy P. McPherson ’44B R. Keith Michel ’73 Walter H. Michel, Jr. ’39 John W. Newcomb ’66 Orange County Community Foundation Richard Pomfret ’62 Randolph H. Pritchard ’18 Stanley L. Quick ’44A

Marian R. Quick John K. Roper ’53 Bruce S. Rosenblatt (Hon.) Mr. and Mrs. Clayton E. Royce ’46 George A. Sawyer Steven T. Scalzo (n) Joseph A. Schetz ’58 Daniel Schorsch ’58 Victor E. Scottron ’36 Joseph A. Signorelli ’54 (n) Drs. James H. and Marilyn H. Simons James E. Steele ’41 Walmer E. Strope ’42 Reuben W. Taylor, Jr. ’55 Thomas S. Taylor ’53 The Bostonian Society/Boston Historical The G. Unger Vetlesen Foundation The Glosten Associates, Inc. The James J. Henry Charitable Trust The TK Foundation The Society of Naval Architects and Marine Engineers Anthony A. Urbanelli ’75 (n) Homer N. Wallin, Jr. PG’62 Edward B. Warchol ’37 Grace Ward Lawrence W. Ward PG’51 Edward R. Weber ’42 Peter F. Weber ’74 (n) Thomas A. Wheaton ’77 Geoffrey D. M. Wilkie ’82

New member (n) | (Hon.) Indicates Honorary alumnus/a. | The names of DECEASED donors are italicized.

2013–2014 ANNUAL REPORT

SUSTAINING

$50,000 to $99,999 Catherine M. Anderson ’93 (n) George W. Birkhead ’63 F. Roland Bjorklund ’66 (n) Boeing Matching Gift Program Donald T. Bollinger Bollinger Foundation Thomas H. Bond ’45 (n) David M. Bovet ’70 (n) Mr. and Mrs. Thomas S. Burns, P’08 Chevron Humankind Employee Funds (n) R. Perry Connell ’97 Alvin E. Cox ’41 Paul H. Diehl ’56 Stephen C. Dvorak ’50 Richard G. Eddy ’55 Frederick P. Eisenbiegler ’46 Foss Marine Holdings, Inc. (n) Foss Maritime Co. (n) George A. Gilmore ’57 Mr. and Mrs. Hal Granger, P’14 (n) Jerrier A. Haddad (Hon.) James Harvie ’55 Paul W. Hayes ’54 (n) Robert J. Healy ’83 Stephen R. Judson ’74 Edmund T. Klemmer ’44B Ulrich H. Koch ’55 Joseph A. Kochanczyk ’41 Jennifer E. Kollmer ’91 (n) Carl E. Kreidler ’20 Dorothy J. Kurz Kurz Foundation Jon J. LaBerge ’76 (n) Horton W. Lain ’55 Lockheed Martin Corporation Foundation M. Rosenblatt and Son, Inc. Mark F. Martecchini ’79 Wayne D. Martin ’67 Albert M. Martinson, Jr. ’53

Gregory M. Matzat ’89 Joseph Mazurek (Hon.) (n) Justin H. McCarthy ’55 Robert G. Mende ’51 Richards T. Miller ’40 Jake M. Neuman ’93 (n) Francis X. Nicastro ’56 Steven Pagan ’88 John R. Paul ’69 Edward Renshaw ’44A Scott Richards ’77 Eugene Schorsch ’52 (n) Alfred H. Schwendtner ’54 SeaRiver Maritime, Inc. Peter A. Silvia ’62 Philip J. Sims ’71 Ted A. Slotwinski ’73 John A. Springer III ’82 Steve M. Stone ’06 The Ambrose Monell Foundation William duBarry Thomas ’51 Christopher N. Tupper ’75 Charles G. Visconti ’55 Webb Alumni Association Capt. and Mrs. William E. Weisert, USN (Ret.) W. Brett Wilson ’75 (n) Steven F. Wolgamot ’69 Adin K. Woodward ’43 Charles Zeien ’50

LEADERSHIP

$25,000 to $49,999 Benjamin B. Ackers ’97 Amgen Foundation Barbara L. Aster Paul E. Atkinson Montgomery Banister ’44A George J. Berger ’66 BMT Designers and Planners Joseph L. Brennan ’79 Judson B. Broome ’91 Peter C. Bryn ’06 Timothy N. Buffum ’44A

Steven G. Buttner ’70 Edward J. Campbell Lincoln D. Cathers ’56 Nancy F. Cathers (n) Paul D. Chapman ’67 Louis T. Codega ’78 (n) Roger H. Compton ’61, PG’64 Con Edison (n) Michael Costagliola ’42 Victoria Dlugokecki ’88 (n) Edward C. DuMont Mr. and Mrs. R. Peaslee DuMont ’32 Kathleen W. Eddy John L.R. Edgar III ’87 Enron Corporation ExxonMobil S. Allen Face III ’70 Philip R. Faurot ’51 James A. Fay ’44B Peter B. Fontneau ’68 R. Mark Forssell ’55 C. Larry French (Hon.) Peter A. Gale ’59 John P. Gallagher ’74 Austin Ganly Edward F. Ganly ’36 Charles Garland ’58 General Dynamics NASSCO General Electric Corporation Patrick J. Gilmartin (Hon.) Richard A. Gilmore ’77 Leslie M. Gray III ’68 Mr. and Mrs. David L. Greene P’95 James N. Greenlees ’72 (n) William B. Hale ’78 Mr. and Mrs. Scott Harlan P’12 John G. Hill ’36 Mr. and Mrs. William C. Hindle, Jr. John D. Holman ’44B Manuel G. Hontoria ’88 Albert S. Hove ’55 William C. Hurt III ’59

Illinois Tool Works Foundation Jewish Communal Fund George A. Johnson ’36 Frank Joyce ’44A Anthony Karpich ’36 David H. Klinges (Hon.) Thomas E. Koster ’67 Frank A. Kuntz ’40 Alfred Kurzenhauser ’51 George Laing 1912 David S. Lawson, Jr. ’55 Gabriel F. Lefebvre, Jr. ’52 Carl E. Lindholm, Jr. ’50 Eric W. Linsner ’70 Lloyd’s Register of Shipping Harrison T. Loeser ’43 Ewan A. MacCormack Edward M. MacCutcheon ’37 Endel Mann ’60 Maritrans, Inc. Joel S. McMinn ’75 (n) Paul B. Mentz ’64 (n) Eugene R. Miller, Jr. ’64 James A. Mulcahey ’42 Richard A. Mulford ’61 John J. Nachtsheim ’47 Richard P. Neilson ’70 Oceanside Mortgage Company (n) Ronald C. Olander ’55 Warren W. Oliver, Jr. ’50 Jennifer B. Panosky ’85 Jay E. Paris ’64 (n) Robert V. Pierce ’50 Charles G. Pieroth ’61, PG’64 Philip M. Poullada ’78 Irving G. Raphael ’67 Raytheon Systems Company/ Matching Gifts Paul W. Risseeuw ’65 David R. Rodger ’63 Rolls-Royce Naval Marine Inc. James W. Royle, Jr. ’66 Kit Ryan ’67 (n) Richard Schmitt ’62 Lewis R. Sheldon III ’73 (n)

Steven C. Shepstone ’77 (n) Richard A. Smith ’76 (n) Richard T. Soper (Hon.) Walter W. Spalckhaver ’22 David G. St. Amand ’77 Mr. and Mrs. David Stone, P’06 Winston B. Sutter ’53 Henry B. Suydam ’43 Robert Taggart ’42 The Gerda and Ole Skaarup Foundation Philip Thiel ’43 (n) Charles E. Thornhill ’42 Michael W. Toner John D. Van Buskirk ’76 Stephen A. Van Dyck Paul G. Vibrans ’71 Edward V. Vienckowski ’78 Robert J. vom Saal ’67 Abbott D. Weiss ’63 Michael J. Whalen ’79 Dr. George O. Williams and Ms. Gloria Sosa Robert L. Williams ’54 Frank W. Wood ’40 Robert B. Zubaly ’55 (n) Anonymous (2)

13

WEBB INSTITUTE

A M E S S A G E F R O M T H E A L U M N I A S S O C I AT I O N

Alumni Celebrate Webb’s 125th Anniversary with a Banner Year Webb alumni celebrated Webb’s 125th Anniversary with a very impressive, record-breaking year. Total contributions in the 2013-14 Webb Alumni Fund (WAF) amounted to $1,340,857—a 7.6% increase over the previous year, and 4.4% over our 2013–14 goal. The average gift increased to $1,730 (up 3.8%), the median gift

MATTHEW P. TEDESCO ’91 WAA President 2012-2014 of alumni in the William H. Webb (WHW) increased to $625 from $525, the number Society (contributors of $1,000 or more) increased to 345 (from 310), and of those, the number contributing $10,000 or more increased to 32 (from 27).

Participation of Webb undergrads increased to 73% (from 71%), and the participation of all members of the Webb Alumni Association (including post-grads, honorary

JOHN A. MALONE ’71 Webb Alumni Fund Chairman

STEFAN T. WOLCZKO ’09 Alumni Fund Co-Chair

those 19 whose classes achieved 100% participation: ’43, ‘44B, ’45, ’49, ’52 ’54, ’55, ’58, ’59, ’60, ’65, ’67, ’69, ’70, ’06, ’07, ’09, ’13 and ’14. We applaud the outstanding participation of the nine most recent graduating classes (’06 - ’14)—an awe-inspiring 96.4%.

members, non-graduate members and exchange student

The Webb Heritage Society, which recognizes those

members) increased to 71% (from 69%). We congratulate

who have the foresight to provide for Webb in their

all of our Class Agents for this achievement, particularly

estate planning, increased by 12 members in 2013–14.

CLASS AGENTS 1939 1944B 1945 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963

14

Mario I. Andrea Edmund T. Klemmer Thomas H. Bond Arthur W. Schmidt John J. Slager Maurice J. “Whitey” Laurier William duBarry Thomas Gabriel F. Lefebvre Albert M. “Marty” Martinson Paul W. Hayes Horton W. Lain Peter A. Johnson George A. Gilmore Raymond S. “Pete” Hall Edward Shope Roderick A. Barr Roger H. Compton Richard Pomfret George W. Birkhead

1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982

Eugene R. Miller Jr. Paul W. Risseeuw John W. Newcomb John W. Russell John F. O’Dea Eric Runnerstrom Eric W. Linsner Paul G. Vibrans David S. Chapman Richard C. Celotto Peter F. Weber Anthony A. Urbanelli John D. Van Buskirk Richard A. Gilmore Neil J. Gallagher Mark F. Martecchini C. Kent Greenwald Erica L. Hansen Mark W. Gagnon

1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001

Robert J. Healy Bill R. McEachen Jennifer B. Panosky William M. Milewski John L. R. Edgar VACANT Gregory M. Matzat Patrick J. Goss Matthew P. Tedesco Theresa Haven Jason M. Neuman Brian M. Mulligan D. Michael Hutchings Eugene R. Miller, III Owen W. Tredennick Christopher Swanton Bradley D. Golden Andrew W. Polay Jason P. Updegraph

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 PG’61PG’68 PG’99

Douglas H. Frauenberger Andrew J. DeSpirito Katharine Munkenbeck Matthew B. Zahn Steve M. Stone Kathleen M. Cain Leah R. Sosa Jonathan H. Dowsett Jacob M. Genauer Lidia Mouravieff Steven Guglielmoni Colin Spillane David Smith Edmund C. Mortimer William C. Stafford

2013–2014 ANNUAL REPORT

WAF CAMPAIGN CONTRIBUTIONS VS GOALS $1,400,000

m

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financial goal and 43.3% participation as of the same date

’05–’06 ’06–’07 ’07–’08year. ’08–’09Our ’09–’10 ’10–’11are ’11–’12 ’12–’13 ’13–’14 100% of the the prior sights set on reaching

2012–2013: 1,084

99

financial goal and 51.5% participation, versus 73% of the

4,

contributions (including matching) reaching 82% of the

-$

inaugural Giving Day was moderately successful, with

2013–2014: 1,092

GIVING CATEGORY, PERSONAL AND MATCHING

9

rather than the end of Webb’s fiscal year (June 30). The

49

amount and participation) to Homecoming weekend,

2,

which we meet our annual WAF goals (both contribution

-$

established withWAF the CAMPAIGN objective YEAR of advancing the date by WAF CONTRIBUTIONS

9

NUMBER OF DONORS

“Webb Giving Day,” observed on May 16, 2014, was GOAL ’04–’05 ’05–’06 ’06–’07 ’07–’08 ’08–’09 ’09–’10 ’10–’11 ’11–’12 ’12–’13 ’13–’14

24

350 315 280 245 210 175 140 105 70 35 0

$0

50

200,000

$2

400,000 those estates are settled, Webb expects to realize planned

WAF CAMPAIGN CONTRIBUTIONS VS GOALS gifts of approximately $1.3 million.

99

passed away (Phil Thiel ’43, Bob Mende ’51, and Phil Sims

600,000 ’71) had included Webb in their estate plans, and when

-$

$0

cannot be overstated. In 2013–14, three of the alums who

00

$200,000

50

800,000

anniversaries. The importance of the Heritage Society

$0

WAF CONTRIBUTIONS

000,000

$400,000

350 315 2013–2014: 1,092 280 2012–2013: 1,084 245 210 ’04–’05 175 ’05–’06 ’06–’07 ’07–’08 ’08–’09 ’09–’10 ’10–’11 ’11–’12 ’12–’13 ’13–’14 140 WAF CAMPAIGN YEAR 105 70 WAF DONORS BY GIVING CATEGORY 35 0 -$

GOAL

200,000 the Heritage Society as they reach even earlier milestone

$600,000

$1

400,000 emulate the Class of 1954 and target 100% participation in

WAF DONORS BY GIVING CATEGORY

$800,000

9

WAF CAMPAIGN CONTRIBUTIONS VS GOALS graduation from Webb. We hope that other classes will

49

as part of their celebration of the 60th anniversary of Webb

9

($ THOUSANDS)

enrolling all members of the class in the Heritage Society

WAF CONTRIBUTIONS

$1,000,000

NUMBER OF DONORS

CONTRIBUTION AMOUNT

Leading the way was the Class of 1954 which succeeded in

GOAL

$1,200,000

WAF DON

99

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$350,000 $325,000 Giving Day on May 15, 2015. $300,000 2012–2013 Personal GIVING CATEGORY, PERSONAL AND MATCHING continued on the following page $275,000 $1,039,991 $250,000 2012–2013 Matching $206,453 $225,000 WAF DONATIONS BY GIVING CATEGORY 2013–2014 Personal $200,000 $350,000 $1,082,248 $175,000 $325,000 2013–2014 Matching $150,000 $300,000 $258,609 2012–2013 Personal $275,000 $125,000 $1,039,991 $250,000 2012–2013 Matching $100,000 $206,453 $225,000 $75,000 2013–2014 Personal $200,000 $50,000 $1,082,248 $175,000 $25,000 2013–2014 Matching $150,000 $258,609 $0 $125,000 $100,000 $75,000 WAF DONATIONS BY GIVING CATEGORY $50,000 350,000 $25,000 325,000 GIVING CATEGORY $0 300,000 2012–2013 Personal 275,000 $1,039,991 250,000 2012–2013 Matching $206,453 225,000 2013–2014 Personal 200,000 $1,082,248 GIVING CATEGORY, PERSONAL AND MATCHING $175,000 2013–2014 Matching 150,000 $258,609 15 125,000 100,000 $75,000

WAF CAMPAIGN YEARparticipation by the next Webb financial goal and 75%

WEBB INSTITUTE

A M E S S A G E F R O M T H E A L U M N I A S S O C I AT I O N continued from the prevfous page

Of course, the 2013–14 Webb Alumni Fund was just

WEBB GROUP LEADERS

one of many ways that alums celebrated Webb’s 125th

1948–1957 ....... Thomas N. Manuel ’54

anniversary. Alums produced and published a new

1958–1964 ....... Roger H. Compton ’61, PG’64

book, Webb Institute: 125 Years of Excellence, which is available for purchase through the online Campus Bookstore. Alums participated in regional 125th

1965–1971 ........ Eric Runnerstrom ’69 1972–1979 ........ Anthony A. Urbanelli ’75 1980–1988 ....... Jennifer B. Panosky ’85 1989–1997 ....... Jason M. Neuman ’93

anniversary events held in San Diego, San Francisco,

1998–2005 ...... Jason P. Updegraph ’01

Seattle, Houston, the Washington DC area, Bristol,

2006–2013 ...... Stefan T. Wolczko ’09

RI, and Newport News. And alums from all over the country—and from around the world—returned to Webb for the 125th Anniversary Homecoming celebration on May 16–18, 2014. There were over 150 attendees for all or part of the festivities that included a symposium on William H. Webb and the history of Webb Institute, a Heritage Society dinner, a

ALUMNI ASSOCIATION EXECUTIVE COMMITTEE President ............................... Matthew P. Tedesco ’91 Vice President ........................ Jennifer E. Kollmer ’91

performance by the WooFS, a fabulous dinner-dance

Secretary ............................... Peter Wallace ’93

featuring a special Stevenson Taylor Hall cake, a

Treasurer ............................... Victoria Dlugokecki ’88

rousing fireworks display, and a brunch cruise on Long

Fifth Member.......................... Allan S. Childers ’12

Island Sound. Webbies know how to party and how

Sixth Member ......................... Jennifer R. Ryan ’99

to give back, and the 125th Anniversary Homecoming

Alumni Fund Chairman ........... John A. Malone ’71

Celebration demonstrated why Webb has received press

Historian ................................ Matthew R. Werner ’95, PG’97

coverage as “America’s Most Loved College,” and was

Past President ....................... Richard C. Celotto ’73

recently ranked #2 in the nation in Money magazine’s

Members at Large .................. Spencer A. Schilling ’82 Joseph A. Signorelli ’54 Anthony A. Urbanelli ’75

Best Colleges List.

In touting the success of the 2013-14 Webb Alumni Fund, many thanks are due to the Board of Trustees’ Development Committee—and especially outgoing Chair Joe Cuneo ’57—for their leadership and guidance, our outstanding team of Class Agents and Group Leaders for maintaining the personal connection between alums and their alma mater, and the Development Office staff for their dedication and support. And most of all, many thanks to each and every one of the 774 Webb grads, postgraduates, and honorary alums identified in the pages of this Annual Report whose generosity perpetuates the legacy of

16

ALUMNI REGIONAL COORDINATORS Northern New England .......... Russ Hoffman ’74 Southern New England .......... Doug Slocum ’10 Connecticut .......................... Jennifer E. Kollmer ’91 New York Area ....................... Michael Klein-Urena ’11 Washington D.C. Area ............ Kathleen Minnich ’07 Southern Virginia .................. Jennifer Ryan ’99 Florida................................... Volunteer needed

William H. Webb to provide the bright, eager, and

Texas ..................................... Tom Koster ’67

deserving students of today and future generations an

Southern California ............... Michelle Adam ’97

extraordinary educational opportunity. Congratulations

Northern California ............... Cameron Baker ’07

on a job well done!

Seattle/Pacific Northwest .... Jared Harlan ’12

2013–2014 ANNUAL REPORT

Class Giving Summary CLASS

Honorary

# OF # LIVING AMOUNT DONORS ALUMNI PARTICIPATION

AVERAGE GIFT

CLASS

# OF # LIVING AMOUNT DONORS ALUMNI PARTICIPATION

AVERAGE GIFT

$31,322

15

22

68%

$2,088

1980

$6,025

11

17

65%

$548

1939

$0

0

1

0%

$0

1981

$1,900

4

8

50%

$475

1941

$150

1

2

50%

$150

1982

$17,520

15

20

75%

$1,168

1942

$0

0

1

0%

$0

1983

$12,775

6

16

38%

$2,219

1943

$11,311

2

2

100%

$5,656

1984

$4,000

4

12

33%

$1,000

1944A

$0

0

1

0%

$0

1985

$7,075

14

21

67%

$505

1944B

$3,125

4

4

100%

$781

1986

$1,625

7

19

37%

$232

1945

$5,100

3

3

100%

$1,700

1987

$5,680

9

20

45%

$631

1946

$100

1

2

50%

$100

1988

$17,098

8

18

44%

$2,137

1947

$2,500

1

4

25%

$2,500

1989

$24,954

11

16

36%

$2,269

1948

$900

2

3

67%

$450

1990

$1,700

6

15

40%

$283

1949

$2,400

3

3

100%

$800

1991

$28,170

10

18

56%

$2,817

1950

$19,250

6

8

75%

$3,208

1992

$8,900

6

16

38%

$1,483

1951

$6,350

7

9

78%

$907

1993

$19,850

12

16

75%

$1,654

1952

$73,483

5

5

100%

$14,697

1994

$3,450

5

18

28%

$690

1953

$8,850

8

10

80%

$1,106

1995

$6,294

13

14

93%

$484

1954

$52,109

7

7

100%

$7,444

1996

$10,925

8

16

50%

$1,366

1955

$48,326

14

14

100%

$3,452

1997

$27,040

11

19

58%

$2,458

1956

$14,521

8

9

89%

$1,815

1998

$9,250

15

19

79%

$617

1957

$43,457

9

11

82%

$4,829

1999

$10,510

12

21

57%

$876

1958

$14,295

12

12

100%

$1,191

2000

$5,350

7

14

50%

$764

1959

$9,300

9

9

100%

$1,033

2001

$6,200

15

17

88%

$413

1960

$25,320

11

11

100%

$2,302

2002

$9,000

11

17

65%

$818 $1,317

1961

$8,355

9

10

90%

$928

2003

$7,900

6

16

38%

1962

$41,205

11

13

85%

$3,746

2004

$6,260

9

15

60%

$696

1963

$15,367

13

14

93%

$1,182

2005

$11,352

10

13

77%

$1,135

1964

$34,700

6

11

55%

$5,783

2006

$25,510

11

11

100%

$2,319

1965

$6,525

9

9

100%

$725

2007

$14,171

20

20

100%

$709

1966

$22,900

11

16

69%

$2,082

2008

$31,920

23

24

96%

$1,388

1967

$23,656

15

15

100%

$1,577

2009

$18,726

18

18

100%

$1,040

1968

$15,100

6

10

60%

$2,517

2010

$21,768

21

22

95%

$1,037

1969

$14,350

10

10

100%

$1,435

2011

$19,183

20

21

95%

$959

1970

$44,037

17

17

100%

$2,590

2012

$11,660

17

20

85%

$686

1971

$14,205

5

10

50%

$2,841

2013

$20,250

16

16

100%

$1,266

1972

$19,483

15

17

88%

$1,299

2014

$2,450

15

15

100%

$163

1973

$56,561

15

20

75%

$3,771

PG'51-'60

$1,515

5

13

38%

$303

1974

$28,300

8

10

80%

$3,538

8

19

42%

$749

$47,930

16

21

76%

$2,996

$1,100

1

4

25%

$1,100

1976

$17,065

8

14

57%

$2,133

$55

1

9

11%

$55

1977

$63,045

18

22

82%

$3,503

PG'61-'68 PG 1999 Exchange Students

$5,992

1975

1978

$19,224

12

16

75%

$1,602

$6,617

11

18

61%

$602

1979

$24,710

10

16

63%

$2,471

NonGraduates

17

WEB BB INSTITUTE

Remembering

PHIL SIMS ’71 A Brilliant Man Leaves a Million-Dollar Legacy at Webb This story is based in part on the personal accounts of Paul Vibrans ’71, who wrote about the memorial services for Phil Sims ’71 as well as his memories of Phil as a Webb student.

Philip J. Sims was born on April 26, 1949 in San Diego, CA. He received a B.S. in Naval Architecture and Marine Engineering from Webb Institute of Naval Architecture, and an M.S. in Naval Architecture from MIT. Among his many accomplishments were updating the U.S. Navy’s destroyer-cruiser early-stage design procedures and design studies for the CGN 42; the reserve FFX, and the DDX (later DDG 51) projects, as well as being involved in the feasibility and preliminary designs for the DDG 51-Class and many other combatants. He became team leader on Surface Ship Concept Formulation (CONFORM) studies of new ships, such as a heavy combatant and a survivable cruiser.

He was the lead naval architect for the IowaClass battleship modernization and reactivation program, and then its ship design manager. Later he participated in the CV(X) and CVN(X) Cost and Operational Effectiveness Analysis (COEA). He

Bio credit to http://cdsg.org/old/reprint%20PDFs/CDSGN514.pdf

18

became the Navy’s expert on command ships, based on his numerous studies over the decades. Upon his retirement from NAVSEA in 2009, Phil joined the staff of CSC Advanced Marine Center, conducting feasibility studies and preparing guidance documents on the early-stage ship design process.

He was a big asset to the SNAME Marine Forensics Panel, with his encyclopedic knowledge of warship design history and his skill at comparative naval architecture. Among other contributions, he published the SNAME paper titled “Tumblehome Warships,” SNAME Transactions, 1996. Phil was also a behind-thescenes contributor to a number of books about battleships published by the Naval Institute Press.

His memorial service took place on May 6, 2014, at the Naval History Museum in Washington, D.C., a fitting venue for a man who had devoted his entire professional life to warship design. The ceremony was orchestrated by Chris Cable, Director, Auxiliary and Special Mission, Ship Design Division, and attended by a number of Webb alumni, including

2013–2014 ANNUAL REPORT

some of whom worked with Phil: Mark Bebar ’70, Rich Celotto ’74, and Paul Vibrans ’71.

Phil was a humble man; he lived in a modest neighborhood and always walked to work when the Navy design offices were in Crystal City. Phil wore a jacket and tie at work only for meetings where they were required. During the memorial service, one speaker described having to make Phil flip his jacket collar down and get both sides of his shirt collar to cover his tie before appearing on camera for a television production about Navy ships. That said, he did make sure that these garments were on a hook on the back of his office door, always ready to go.

“Phil’s passion and enthusiasm for the industry were magnetic, and were eclipsed only by his brilliance and accomplishments throughout his professional career,” remarked Paul Vibrans ‘71, one of the speakers at Phil’s memorial service.

“Phil was so excited when he found sheets of bound blueprints on cloth in Webb Institute’s attic and insisted I join him immediately–the blueprints were of the USS Kearsarge, Battleship #5.”

Phil’s expertise made him an extraordinary asset to both his colleagues and his supervisors. He had a unique ability to assemble preliminary designs with remarkable speed and accuracy, drawing on his vast knowledge of the performance history of similar ships. He was generous in sharing his expertise, and one speaker recounted an instance when he received an instant and highly technical response from Phil concerning the description of a gun, what ship it came from, and what museum it was going to.

Phil had a unique sense of humor that was triggered when the Navy changed to a universal e-mail system that had trouble with ambiguity over the relatively common name “Phil Sims.” One speaker shared the story of Phil’s dilemma when the

Naval Personnel Office sent multiple, increasingly heated e-mails about the human resources report that was fast becoming due and for which they had no indications of progress. Phil’s e-mail reply started, “I am just a lowly naval architect…”

“Phil clearly understood and appreciated the impact Webb Institute had on his personal and professional life,” said Suzie Hudgens, Phil’s sister.

“He and some of his classmates had a healthy competition about who would give back more to Webb. The competitor in Phil, and his love for Webb, made him quite proud to make an impact on future generations of Webb students.”

The competitor in Phil, and his love for Webb, made him quite proud to make an impact on future generations of Webb students.

Webb’s President, Keith R. Michel, spoke about just what that impact involves. “Webb is honored to be chosen as stewards of Phil’s legacy,” he said. “I proudly announce that his gift of $1,000,000 will enable Webb to provide a full-tuition scholarship and a $2,500 stipend to cover a portion of a student’s room and board expenses. Beneficiaries of Phil’s generosity will be acknowledged as William H. Webb level scholarships ($1 million) and as Philip J. Sims Memorial Scholars.

This gift helps ensure Webb’s ability to continue the model of providing full-tuition scholarships for every student. I know Phil’s generosity will inspire others to make significant gifts, particularly as we launch the Campaign for Webb.”

Mr. Sims’ extraordinary generosity was realized in FY 2015, and he will be recognized in the following Annual Report (20142015) among Visionary donors of the William H. Webb Society.

19

WEBB INSTITUTE

Class of 1954

Generosity, Hospitality, Legacy: The Heritage Society Reception “B

est ever” was the refrain from the 70 attendees at the annual Heritage Society reception in mid-May. Perfect weather, old friends, new acquaintances, and comradery from shared experiences.

Maybe it was the best ever because it was held in the newly-remodeled President’s house.

President Keith and Peggy, largely with their own labor, removed the wall that divided the living room from the windows overlooking the Long Island Sound. We needed all that extra space to accommodate the crowd. Or maybe it was because seven Webb students acted as catering assistants, and mingled with our alumni and their guests.

Jay Paris ’64 and Roger Compton ’61, PG’64

The Heritage Society is composed of Webb alumni who have mentioned Webb in their wills, and others who have used various planned giving instruments to leave a lasting legacy at Webb. Planned giving will play a vital role in the success of the campaign, as certain planned gifts, including bequest designations, are eligible for inclusion in the campaign.

The reception was a subset of folks who attended the annual Homecoming weekend. The sentiment expressed at the reception was that giving back to Webb in one’s will is a reflection of William Webb’s generosity. Webb’s generosity, of course, is what each of the alumni has profited from, so it’s a way of paying back a debt. Those who spoke at the reception expressed gratitude to William H. Webb, and to all the subsequent stewards of his gift.

Halsey Herreshoff ’55 and Art Burr ’54

Most people associate planned gifts with retired folks, but this event demonstrated that even our youngest alumni have the vision to make the considerable commitment to Webb in various ways.

George Colborn ’54X and Larry Ward PG’51

20

2013–2014 ANNUAL REPORT

MONEY Matters:

Magazine Rates Webb Institute #2 on “Best Colleges” List

M

oney reveals its list of “Best Colleges,” a new approach to ranking colleges that uses unique measures of educational

quality, affordability, and career outcomes to help families find the right school at the right price. Webb Institute is rated number two in the nation, and in achieving this rank Webb surpassed the Massachusetts Institute of Technology, Princeton, Stanford, Harvard, and California Institute of Technology, all of which

“This ranking,” he adds, “provides further validation of our program and our commitment to excellence in all that we do.”

Nine months in the making, Money's “Best Colleges” ranks 665 schools on 17 measures, based on the most recent research about what really matters in higher education.

Among its distinctive analyses, the list: Provides a more realistic way to price colleges, taking into account the complete cost of a degree rather than costs for a single year of study;

1. Babson College, Babson Park, Mass.

2. Webb Institute, Glen Cove, N.Y. 3. Massachusetts Institute of Technology, Cambridge, Mass.

4. Princeton University, Princeton, N.J. 5. Stanford University, Stanford, Calif.

6. Harvard University, Cambridge, Mass.

7. Harvey Mudd College, Claremont, Calif.

ranked in the top 10.

“We are excited that the recognition provided by Money magazine will expose Webb Institute to an even wider audience,” said President R. Keith Michel. “Webb’s distinctive approach to undergraduate education combines a rigorous engineering curriculum, a highly motivated and accessible faculty dedicated to teaching, an industrybased internship program, and an intimate campus environment.”

Money’s Top 10 Best Colleges

Is the only ranking to evaluate which schools add the most value given the academic and economic background of the students who attend; and, Levels the playing field on majors, to show whether graduates of a particular college earn more (or less) than average, whether they got degrees in engineering or English.

The result, says Money senior writer Kim Clark, who created the rankings and wrote the accompanying story, “is a list of colleges—some famous, some surprising—that, according to the best data available, provide real value. College is expensive, but the highly rated colleges on our list are the most likely to do a great job of educating your student and helping to launch him or her into a well-paying job."

To develop the new rankings, Money partnered with Mark Schneider, former commissioner of the Department of Education’s National

8. Cooper Union, New York City, N.Y. 9. Brigham Young UniversityProvo, Provo, Utah 10. California Institute of Technology, Pasadena, Calif.

Center for Education Statistics, and his company College Measures, which collects and analyzes data to drive improvements in higher ed. Major contributions also came from Payscale.com, which provided the earnings data. One of the most important findings to come out of the rankings, Schneider notes, is that you don’t have to pay a lot to get a high quality education that really helps in the job market.

“The published price of a college doesn’t tell you very much about what you’ll actually pay, or of students’ later life success,” he says.

“There is zero correlation with most of our measures.”

21

WEBB INSTITUTE

On behalf of the entire institution, we want to thank everyone who has contributed or helped support Webb in one way or another with any of these most significant gifts.

WEBB INSTITUTE:

Exceptional Program, Incredible Support Webb Institute’s unique financial model is predicated upon our ability to attract funds that support our students, faculty and staff.

Webb is the only full-tuition-scholarship private undergraduate program of its kind in the country, and it is critical that we are able to sustain this model for students who are academically and personally prepared for the Webb challenge.

ABS Scholarship recipient Satchel Douglas ’15

From the start Webb Institute has relied upon its endowment, initially through funds provided by William H. Webb and later through the generosity of alumni, family, and friends. The concept is as relevant today as it was in 1889, when William H. Webb established the original endowment. Webb is supported by a variety of funds, including endowed professorships, scholarships, and other funds designated for various purposes.

We thank each and every member of the Webb family for making contributions that support our endowment. Because of your support, we are able to attract and retain the finest students and faculty.

McMullen Family Foundation Scholarship recipients Henry Jansen ’14 and Elli Wunder ’14

Zeien Student Scholar Jonathan Roussin ’17 Thomas B. Crowley Scholarship recipients Matt Weklar ’15 and Nolan Conway ’15

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ENDOWED AND NAMED CHAIRS & PROFESSORSHIPS: American Bureau of Shipping Chair of Naval Architecture and Marine Engineering James J. Henry Professorship of Naval Architecture John J. McMullen Professorship of Humanities Mandell and Lester Rosenblatt Professorship of Marine Engineering Shirley N. and Stephen B. Towne Professorship of Ship Design TUITION SCHOLARSHIPS AND ENDOWMENTS: American Bureau of Shipping Scholarships Allen N. ’36 and Cordella M. Hoyt Scholarship H. Smith McKann ’38 Family Scholarship Dr. and Mrs. Alfred M. Zeien ’52 Student Scholar Endowment RESTRICTED FUNDS AND PRIZE FUNDS: Arts & Antiquities Maintenance Fund Paul E. Atkinson Prize in Ethics Class of 1963 – Auditorium Upgrades Class of 1973 – Tea Room Upgrades Jill and Roger Compton Endowment for the Performing Arts The Richard B. Couch ’33 Ship Design Computer Lab and Enhanced Classrooms Graduation Award Fund The Carol and Jerrier Haddad Library Fund Jacques B. Hadler Endowment for Research Marty Johnson ’88 Leadership Fund Reuben Taylor Landscaping Fund Webb Cultural Enrichment Fund Charles A. Ward Jr. Memorial Awards Webb Mausoleum Conservation – Maintenance and Repair Fund Women Recruitment Fund Women Student Fund Zeien Lecture Series SCHOLARSHIP FUNDS: Class of 1956 Scholarship Thomas B. Crowley Sr. Memorial Scholarship R. Peaslee DuMont ’32 Scholarship Fisher Maritime/Dunderberg Scholarship Fund Glosten Scholars Program John J. Hopkinson Memorial Scholarship Kurz Family Scholarship Jonathan Lance ’80 Scholarship Fund The League Scholarship McMullen Family Foundation Scholarships Olsen Family Scholarship Fund Charles J. “Corky” Sautkulis, Scholarship Fund Women’s Propeller Club Scholarships

2013–2014 ANNUAL REPORT

M E S S A G E F R O M W E B B PA R E N T S A S S O C I AT I O N :

Big and Bright: Launching the Class of 2018 s another year passes, one class of Webbies graduates and another group embarks on the “Webb Challenge.” The Class of 2018 is the largest on record—28. Our students began the fall semester with orientation week, which included fun-filled activities that aimed to bring these new members of the Webb family together. I have no doubt that the different personalities and intellects will get to know one another and bond as young pioneers who are about to embark on the journey that Webb has in store for GEORGE MOURAVIEFF P’09, P’11, P’16

them. Once classes begin, they will get a taste of the academic rigors that lie ahead.

The demands of the curriculum will no doubt result in comradery of perfect strangers.

Over the course of the years, bonds will be created to last a lifetime. Success stories will

be common among Webbies as they graduate to make immediate and meaningful industry impact.

Webb students do not join the Webb family alone; parents also create a unique partnership to support the students, including that of the extensive Webb Parents Association network.

Parents Making an Impact through the Annual Fund T

he Webb community is deeply grateful to those families of Webb students and alumni who provided additional financial support to Webb by generously

contributing to Webb’s 2013–2014 Annual Fund. As shown in the table below, 80% of the parents of current Webb students donated a total of $123,190 to the Annual Fund. This figure represents an increase of more than 30% in donations received from current parents versus in the prior fiscal year. Thanks to the leadership ALISON AND HAL GRANGER P’14

of Steve Guglielmoni P’12, Webb received an additional $58,658 from parents of Webb alumni. In addition to these gifts, grandparents of current and past Webb

ANNUAL FUND COMMITTEE: Alison and Hal Granger P ’14 – Co-Chair Robin and Bob Licato P ’15 – Co-Chair Jeannine and Timothy Dugan P’17 Sue and Anthony Gianforcaro P’15 Corrine and Rusty Mills P’16 Linda and Paul Neureuter P’14 Lila and Nat Pitti P’15 Karen Przelomski P’16

students were generous contributors. Ongoing financial support from families demonstrates their continued high regard for the value of the Webb education.

PARENTS’ CONTRIBUTION TO THE 2013/2014 ANNUAL FUND C L A SS TOTAL GIFTS AVERAGE GIFT % PARTICIPATION BY FAMILY

2014

2015

2016

2017

Overall

$30,845

$23,275

$34,300

$34,770

$123,190

$2,373

$1,369

$2,287

$1,656

$1,867

87%

85%

75%

78%

80%

I am honored to embrace my new role as the Chair of Webb’s Development Committee as of July 1, 2014. I look forward to the challenge of succeeding Joe Cuneo’ 57, continuing his effective leadership, and providing support to all of Webb’s fundraising endeavors, including the upcoming Campaign for Webb: America’s Most Unique College.

–Alison Granger P’14

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WEBB INSTITUTE

2013-2014 DONATIONS Heritage Society

It’s an elite group: 189 members of the Webb family who proudly call themselves members of the Heritage Society.

Legacy gifts are the cornerstone upon which Webb was built, and they will continue to play a vital role in Webb’s finances. These thoughtful gifts provide Webb the fiscal strength and security needed for future generations.

The distinctive nature of planned gifts is that they are not intended for today, but rather are forward-thinking, and help sustain Webb well beyond any single donor’s lifetime.

As a small token of our appreciation, we provide each new member of the Heritage Society with a limited edition of William Webb’s Clipper Ship Young America, suitable for framing.

It’s never too early to start thinking about becoming a member; Webb graduates as recent as members of the Class of 2014 have joined Webb’s Heritage Society!

There are many ways to give substantial support to Webb Institute while protecting and enhancing your family’s financial situation.

To learn more about planned giving log on to http://webbinstitute.plannedgiving.org or call our Development Office at (516) 759-2040.

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Thank you for your generosity and for making plans that will fortify Webb's future!

The Webb Heritage Society Mario Iacobucci Andrea ’39 Albert L. Balestiere ’47 Montgomery Banister ’44A Sherman H. Barber ’34 David B. Benson ’56 (n) Joyce P. Bethge (Hon.) Victor W. Bethge ’53 William J. Blanton, Jr. ’71 Arthur A. Burr ’54 (n) Eileen Caddell Kathleen M. Cain ’07 (n) Donald L. Caldera ’57 Hayden A. Carney ’58 Robert M. Cashman ’40 Lincoln D. Cathers ’56 Richard C. Celotto ’73 Paul D. Chapman ’67 W. Edward Christiansen ’58 William A. Cleary, Jr. ’51 (n) Roger H. Compton ’61, PG’64 Michael Costagliola ’42 Richard B. Couch ’33 Kenneth E. Court ’60 John O. Crafts 1902 Joseph J. Cuneo ’57 Jerry W. Cuthbert ’56 Mr. and Mrs. Charles R. de Cuir Philomene J. DeHart Victor J. Dietz ’35 Hampton K. Dixon ’11 William V. Duggan Mr. & Mrs. R. Peaslee DuMont ’32 Stephen C. Dvorak ’50 Kathleen W. Eddy Richard G. Eddy ’55 Robert L. Ediin ’54 (n) Frederick P. Eisenbiegler ’46 Frank P. Falci, Jr. ’54 (n) Kenneth W. Fisher ’64 Thomas F. FitzGerald ’34 George F. Fonger ’29 Peter A. Gale ’59 (n) Edward F. Ganly ’36 Charles Garland ’58 George A. Gilmore ’57 Richard A. Gilmore ’77 Lawrence R. Glosten ’40 Richard A. Goldbach ’58 Robert D. Goldbach ’58 Samuel Granger ’14 (n) Leslie M. Gray III ’68 (n) Mr. and Mrs. Frank J. Graziano (Hon.) John L. Greene PG’55 James N. Greenlees ’72 (n) Gregory M. Griffin ’77 Jacques B. Hadler (Hon.) A. Dudley Haff ’37 Barbara Hamlin (Hon.) Norman A. Hamlin ’44B James Harvie ’55 Paul W. Hayes ’54 Kenneth L. Heitner ’64

David A. Helgerson ’77 James J. Henry ’35 Mark R. Henry ’62 Halsey C. Herreshoff ’55 (n) Mr. and Mrs. William C. Hindle, Jr. Mr. and Mrs. Clifford E. Hoitt ’34 Flora E. Hoitt William J. Hooker ’53 Allen N. Hoyt ’36 Cordella M. Hoyt Peter E. Jaquith ’65 Dr. and Mrs. Otto Karst Ronald K. Kiss ’63 Robert K. Kistler ’46 Edmund T. Klemmer ’44B David H. Klinges (Hon.) Jean R. Klinges Jennifer E. Kollmer ’91 Carl E. Kreidler ’20 Edwin Kreidler Frank A. Kuntz ’40 Charles Kurz II (Hon.) Dorothy J. Kurz Duane H. Laible ’62 Horton W. Lain ’55 George Laing 1912 Mr. and Mrs. Harold F. Lenfest (n) D. William Lerch III ’52 Carl E. Lindholm, Jr. ’50 Barbara Lippmann G. James Lippmann ’51 Georgette Livingston Mr. and Mrs. John A. Livingston ’24 Mrs. Kate I. Luckenbach John A. Malone ’71 Thomas N. Manuel ’54 (n) Henry S. Marcus ’65 Willard V. Markey ’35 Albert M. Martinson, Jr. ’53 Walter C. Maximowicz ’36 Joseph Mazurek (Hon.) Justin H. McCarthy ’55 H. Smith McKann ’38 Joel S. McMinn ’75 John J. McMullen (Hon.) Roy P. McPherson ’44B Robert G. Mende ’51 R. Keith Michel ’73 Walter H. Michel, Jr. ’39 Brent J. Morrison ’11 (n) Edmund C. Mortimer PG’63 Helen S. Motley (n) James G. Motley 1914 John J. Nachtsheim ’47 Richard P. Neilson ’70 John W. Newcomb ’66 Frank J. Nicosia 1918 John C. Niedermair 1918 Warren W. Oliver, Jr. ’50 Dr. and Mrs. Robert H. Owens, 1944A Jennifer B. Panosky ’85 Jay E. Paris ’64 Charles G. Pieroth ’61, PG’64

Philip M. Poullada ’78 Herman S. Preiser ’49 Randolph H. Pritchard ’18 Marian R. Quick Stanley L. Quick ’44A Edward Renshaw ’44A Scott Richards ’77 Geoffrey S. Rivinius ’75 David R. Rodger ’63 John K. Roper ’53 Robin S. Rose ’09 Lester Rosenblatt, Sc.D. (Hon.) Mr. and Mrs. Clayton E. Royce ’46 Joan Royce James W. Royle, Jr. ’66 John W. Russell ’67 Albert W. Schede 1910 Joseph A. Schetz ’58 Charles J. Schoefer ’35 Daniel Schorsch ’58 Alfred H. Schwendtner ’54 (n) Victor E. Scottron ’36 Dorothy Seeholzer James S. Shelton ’30 Steven C. Shepstone ’77 Paul Sieswerda Joseph A. Signorelli ’54 (n) Peter A. Silvia ’62 Elizabeth M. Singleton ’07 (n) J. William Smith ’63 Richard A. Smith ’76 Mr. and Mrs. John F. Stahlin P’66 Richard A. Stearn ’39 James E. Steele ’41 Marjorie S. Stockdale Walmer E. Strope ’42 Gailmarie Sujecki (Hon.) Robert Taggart ’42 Thomas S. Taylor ’53 Catherine A. Tedesco ’94 (n) Matthew P. Tedesco ’91 (n) Philip Thiel ’43 William duBarry Thomas ’51 Daniel H. Thompson ’57 Richard W. Thorpe ’55 Stephen R. Towne ’40 Lloyd M. Trefethen ’40 Arthur H. Trotter 1901 Roxie D. Vaughan Charles G. Visconti ’55 (n) Robert J. vom Saal ’67 Mr. and Mrs. Homer N. Wallin, Jr., PG’62 Edward B. Warchol ’37 Charles A. Ward 1904 Dr. and Mrs. Lawrence W. Ward, PG’51 Abbott D. Weiss ’63 Robert M. Wilkinson ’51 Dr. George O. Williams and Ms. Gloria Sosa (n) Allan N. Wilson ’44B Ann B. Wilson W. Brett Wilson ’75 (n) Frank W. Wood ’40 G. Gilbert Wyland ’26

New member (n) | (Hon.) Indicates Honorary alumnus/a. | The names of DECEASED donors are italicized.

2013–2014 ANNUAL REPORT

A MESSAGE FROM THE CHAIRMAN OF THE DEVELOPMENT COMMITTEE

Musical Chairs: Making Changing Roles Work for Webb It is difficult to believe that a year has gone by since I last wrote a short article for the 2012–2013 Annual Report. Those of you who are “seasoned” folks of my generation will understand what I am saying.

In the fall of 2011 I was asked to chair the Board’s Development Committee for the second time JOSEPH J. CUNEO ’57 Chairman of the during my 32 years as a Board Development Committee member. I agreed with a proviso that I wished to serve for three years to have enough time to help set the stage for our upcoming capital campaign, since titled the Campaign for Webb: America’s Most Unique College. Little did I imagine that I would be moving on to another role, but it is with great confidence that I welcome the new Development Committee chair, Alison Granger, a driving force in energizing the outstanding success of the Webb Parents Annual Fund.

As elsewhere noted throughout this report, 2013-2014 was a record year in many aspects of Webb’s fundraising activities. In addition, a slight downward trend in percentage of alumni participation was reversed. All good news. My thanks to all of you who made that a reality.

During the past year a number of other changes have occurred. Keith Michel became Webb’s President, and Anthony Zic joined Webb as our Director of Development. In the course of the confusion, I learned that I have been designated as Chairman of the Capital Campaign Committee. The old phase “out of the pot and into the fire” keeps resonating in my mind.

We have been carefully reviewing the scope and plan for our comprehensive campaign, refining our case statement, and working to identify and expand potential philanthropic resources currently beyond the scope of the Webb family.

Our plans are ambitious. They are also well considered, and flow from our most recent strategic plan. There are compelling reasons why we are undertaking these ambitious plans. Early progress and preliminary indications lead us to believe we can be successful in this crucial effort.

Many of you have read or heard about Money magazine’s recent ranking of America’s colleges.

They ranked Webb number two in the nation, just ahead of MIT and just behind Babson College.

As long ago as 1949, Webb was described in the Saturday Evening Post as America’s toughest school.

In 2011 U. S. News & World Report described Webb as America’s most loved college. These accolades did not just happen. They are the result of many years of dedicated effort, adjusting to changing circumstances, meeting the challenges of an ever increasing scope of technology development, and the enduring support of our alumni and of all the other members of the Webb family.

This kind of recognition should be very supportive of our efforts, and the entire Webb community will continue to work to maintain and enhance the Webb educational experience.

With this background I look forward to being able to report great success as our campaign develops.

Webb deserves nothing less. We will continue to strive to provide and be the best in higher education.

There are compelling reasons why we are undertaking these ambitious plans. Early progress and preliminary indications lead us to believe we can be successful in this crucial effort.

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WEBB INSTITUTE

2013-2014 DONATIONS

Webb Every Year (WebbEY) Program The Webb Every Year Program (WebbEY) was established during the 2006-2007 Annual Fund Campaign. Initially, this program was created to acknowledge alumni donors for their consecutive years of giving. Eventually, it was extended to include other members within our community and now recognizes family and friends.

Gift amount is irrelevant; our WebbEY program was created strictly to recognize our donors’ consistency of support.

In order to attain the status of becoming a WebbEY, a donor has to contribute to the Annual Fund for a minimum of five consecutive years. To show appreciation to our consecutive giving donors, Webb Institute now mails a pin along with a certificate to those in the five, 25 and 50-year consecutive giving categories. Certificates are also sent to contributors who are in the 10 and 20-year consecutive giving categories.

Consecutive giving allows Webb to plan for a future with assurance and to continue to be recognized as the premier college of naval architecture and marine engineering. We wish to thank the following contributors for their loyalty and generosity and for attaining the distinct honor of achieving status as a 50, 25, 20, 15, 10 or five-year WebbEY donor.

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50 Years

Ronald J. Altmann ’63 Robyn J. Anders ’64 Victor W. Bethge ’53 George W. Birkhead ’63 Thomas H. Bond ’45 Donald L. Caldera ’57 Albert R. Chovit ’51 W. Edward Christiansen ’58 Roger H. Compton ’61 PG’64 Joseph J. Cuneo ’57 Jerry W. Cuthbert ’56 Frank P. Falci, Jr. ’54 James A. Fay ’44B Kenneth W. Fisher ’64 Alan G. Forssell ’53 R. Mark Forssell ’55 Charles Garland ’58 George A. Gilmore ’57 James Harvie ’55 Kenneth L. Heitner ’64 Mark R. Henry ’62 Peter A. Johnson ’56 Donald E. Kane, Jr. ’48 Robert L. Kelly ’46 Ronald K. Kiss ’63 Edmund T. Klemmer ’44B Horton W. Lain ’55 John W. Larson ’53 David S. Lawson, Jr. ’55 Gabriel F. Lefebvre, Jr. ’52 Bridget F. Lisnyk-Washlack (Hon.) Endel Mann ’60 Thomas N. Manuel ’54 Bernard C. Mayer ’57 Justin H. McCarthy ’55 Paul B. Mentz ’64 Francis X. Nicastro ’56 Ronald C. Olander ’55 Charles G. Pieroth ’61 PG’64 Alfred I. Raff ’58 David R. Rodger ’63 Joseph A. Schetz ’58 Arthur W. Schmidt ’48

Daniel Schorsch ’58 Eugene Schorsch ’52 Frederick Seibold, Jr. ’61 John J. Slager ’49 J. William Smith ’63 Winston B. Sutter ’53 Reuben W. Taylor, Jr. ’55 William duBarry Thomas ’51 Joseph M. Verdon ’63 Charles G. Visconti ’55 Lawrence W. Ward PG’51 Robert M. Wilkinson ’51 William H. Young ’56

25 Years

Mark R. Bebar ’70 David M. Bovet ’70 Stuart C. Bunnell ’70 Arthur A. Burr ’54 Steven G. Buttner ’70 Richard C. Celotto ’73 David S. Chapman ’72 Richard A. Claytor PG’56 George L. Colborn ’54X Robert M. Conachey ’80 Alexander Delli Paoli ’50 Douglas H. Dirks ’66 Victoria Dlugokecki ’88 John L. R. Edgar III ’87 Peter B. Fontneau ’68 Mark W. Gagnon ’82 Gregory M. Griffin ’77 Lance O. Guliani ’81 Raymond S. Hall, Jr. ’58 James R. Hancock ’67 Daniel H. Harris ’85 Robert B. Hedges ’53 David A. Helgerson ’77 Dane M. Hendrix ’84 David S. Homiak ’75 John F. Ince ’66 Peter E. Jaquith ’65 Ralph E. Johnson ’68 Stephen R. Judson ’74

David H. Klinges (Hon.) Philip C. Koenig ’80 Maurice J. Laurier ’50 Christopher T. Loeser ’70 John A. Malone ’71 Henry S. Marcus ’65 Thomas P. Mastronarde ’69 Thomas W. Mattson ’67 Jim McMahon ’85 Vito R. Milano PG ’60 John W. Newcomb ’66 Robert H. Owens ’77 Steven Pagan ’88 Jonathan G. Parrott ’79 George A. Petersen ’51 Philip M. Poullada ’78 John K. Roper ’53 Edward W. Ross ’45 James W. Royle, Jr. ’66 Richard Schmitt ’62 Edward Shope ’59 Michael L. Silber ’63 John W. Sims ’52 Ted A. Slotwinski ’73 Paul G. Snyder ’69 Richard T. Soper (Hon.) Robert J. Stortstrom ’77 William B. Terney ’60 Philip Thiel ’43 Christopher N. Tupper ’75 Peter Van Dyke ’60 John Vasilakos ’77 Edward V. Vienckowski ’78 Robert J. vom Saal ’67 Carl P. Wilson ’51 Steven F. Wolgamot ’69 Robert B. Zubaly ’55

20 Years

L. Dennis Ballou PG’61 David B. Benson ’56 George J. Berger ’66 Allyn V. Bress PG’59 Joseph A. Burns ’62

New member (n) | (Hon.) Indicates Honorary alumnus/a. | The names of DECEASED donors are italicized.

2013–2014 ANNUAL REPORT

Thomas W. Campbell ’69 Phyllis Canter Thomas W. Chadwick ’72 Paul H. Diehl ’56 James R. Dwyer ’72 Kenneth W. Faulter ’81 Philip R. Faurot ’51 Thomas W. Gillette ’52 Richard A. Gilmore ’77 Douglas C. Goldhirsch ’85 John W. Hall ’63 Barbara Hamlin (Hon.) Charles E. Hawkins IV ’91 Paul W. Hayes ’54 John F. Hillmann ’56 Bob Huret ’65X Joseph J. Kelleher ’84 Karl L. Kirkman ’65 Ulrich H. Koch ’55 Jennifer E. Kollmer ’91 Stephen D. Koopman ’91 Eric W. Linsner ’70 Gregory M. Matzat ’89 Bill R. McEachen ’84 R. Keith Michel ’73 Eugene R. Miller, Jr. ’64 Mr. and Mrs. Victor Mutnick P’96 Jake M. Neuman ’93 Erik Nilsson ’93 George H. Plude ’54X David C. Purdy ’50 Irving G. Raphael ’67 Geoffrey S. Rivinius ’75 Joseph G. Rudnicki ’73 John W. Russell ’67 Kit Ryan ’67 Arthur C. Sargent ’53 Christine Schleicher ’89 Dean M. Schleicher ’88 Lewis R. Sheldon III ’73 Reed D. Sigfridson ’73 Richard A. Smith ’76 David G. St. Amand ’77 Thomas S. Taylor ’53 Edmund G. Tornay ’56 Anthony A. Urbanelli ’75 Paul G. Vibrans ’71 Geoffrey D. M. Wilkie ’82 Daniel W. Yannitell ’62 Gary R. Zane ’77

15 Years

Benjamin B. Ackers ’97 Michelle L. Adam ’97 Jonathan R. Amy ’70 Catherine M. Anderson ’93 James K. Antrim ’72 Dennis F. Antweiler ’71X Roderick A. Barr ’60 Gerald E. Bellows ’71 F. Roland Bjorklund ’66 Matthew D. Blake ’78 Robert H. Bolling ’97 Andrew S. Bond ’98 Albert H. Bowers, III ’62 Joseph L. Brennan ’79 Peter D. Canning ’72

William M. Cannon ’65 Jay P. Carson ’73 Yongjun Chen PG’99 Fred B. Chester ’66 Mr. and Mrs. Allen Chin Matt Collette ’99 Michael D. Comens ’72 Kenneth E. Court ’60 Dudley A. Dawson ’71 Grant B. Dugan ’81 Robert L. Ediin ’54 Mr. and Mrs. John E. Fielding P’96 J. Carey Filling, Jr. ’93 Kimberly A. Fisher ’86 Mr. and Mrs. Robert Fooks P’85 Willa N. France ’72 Howard Frauenberger P’02 Geoffrey D. Fuller ’72 Peter A. Gale ’59 John P. Gallagher ’74 Neil J. Gallagher ’78 Daniel B. Gebhardt ’95 Michael L. Gerardi ’82 Patrick J. Gilmartin (Hon.) John L. Glaeser ’68, P’03 Douglas M. Gluntz ’57 John A. Graap, Jr. ’61 David J. Grant ’98 William O. Gray (Hon.) Stuart R. Greene ’95 Charles L. Grover III ’58 Christoph A. Grueneis ’92 Jerrier A. Haddad (Hon.) Jacques B. Hadler (Hon.) Thomas R. Hagner ’66 William B. Hale ’78 William E. Hanks ’44B Nancy A. Harris ’88 John G. Harrison ’70 Theresa Haven ’92 Jo Ann Healy P’89 Ernest L. Holmboe ’61 Manuel G. Hontoria ’88 Jay S. Howell, Jr. ’72 Michael J. Hughes ’88 D. Michael Hutchings ’95 Mr. & Mrs. David Kleiman P’87 Mr. and Mrs. L. Randall Koenig P’80 Russell E. Kupferer ’99 Mr. and Mrs. Thomas Kupferer P’99 Charles Kurz II (Hon.) Jon J. LaBerge ’76 Heidi C. Landen-Greene ’96 Marc T. Limeri ’77 William T. Lindenmuth ’63 Roger M. Luke Wilbur J. Mahony PG ’58 James W. McCoy ’57 William R. McCreight ’67 Robert McGowan ’62 Thad J. Michael ’97 Eugene R. Miller III ’96 James R. Moody ’82 Edmund C. Mortimer PG’63 Brian M. Mulligan ’94 Ian Mutnick ’96 Richard P. Neilson ’70 Henry A. Olson ’63

Jennifer B. Panosky ’85 Jay E. Paris ’64 Dr. and Mrs. Carl R. Partanen P’87 David R. Pedrick ’70 Thomas J. Perrotti, Jr. ’85 Craig A. Pomeroy ’83 Richard Pomfret ’62 Mark D. Pudlo ’87 Lisa M. Read ’97 Robert K. Richardson ’60 Thomas C. Rider ’82 Benjamin E. Rising ’93 Mr. and Mrs. Brandt A. Rising P’93 Paul W. Risseeuw ’65 Richard C. Rodi ’64X Kenneth Rusinek ’72 Jennifer R. Ryan ’99 Christian Saether ’75 Alfred H. Schwendtner ’54 Robert C. Seiwell, Jr. ’69 David M. Shepard ’85 Joseph A. Signorelli ’54 Peter A. Silvia ’62 Douglas L. Snediker ’98, PG’99 J. Niel Spillane ’50 John A. Springer III ’82 Jeremy A. Stahlin ’66 Jerry L. Steiner ’70 Oren L. Stephans ’59 Joseph F. Stroschein ’56 Luke L. Suda ’80 Catherine A. Tedesco ’94 Matthew P. Tedesco ’91 Michael J. Telfer ’98 Wayne S. Thayer ’80 The Society of Naval Architects & Marine Engineers Daniel H. Thompson ’57 Bernard M. Thomson III ’66 Richard W. Thorpe ’55 Owen W. Tredennick ’97 Mr. and Mrs. Stephen R. Turns P’00 John D. Van Buskirk ’76 Edward S. Van Dusen ’67 Phillip J. Wagner ’78 J. Michael Wallace ’62 William G. Wallace ’65 Jennifer K. Waters ’91 Thomas J. Waters ’89 William A. Watts ’76 Paul T. Weber ’92 Peter F. Weber ’74 Abbott D. Weiss ’63 Jana Wesson ’95 Michael J. Whalen ’79 Thomas A. Wheaton ’77 Elizabeth E. White ’99 Stephen D. White ’99 W. Brett Wilson ’75 Karl R. Witmer ’75 Don B. Young ’60 Peter B. Zahn ’80 Peter F. Zink ’72 Anonymous

10 Years

Ryan J. Babb ’02 Heather D. Barden ’03 Mr. and Mrs. Nigel J. Beale P’01 Gwendalyn D. Benoit ’01 James B. Benoit P.E., ’01 Michael R. Birmann ’86 Jeffrey B. Bowles ’00 Damian Bozzacco ’00 Alfred A. Bozzuffi ’78 Mrs. Frank A. Breit P’79 Stephen R. Breit ’79 Thomas P. Brewton ’74 Terry E. Brockett ’62 Kyle S. Brunelle ’82 Corey L. Bruno ’02 Mr. and Mrs. Thomas S. Burns P’08 Ian R. Busch ’88 Chad S. Caron ’98 Louis T. Codega ’78 R. Perry Connell ’97 Anthony T. Constable ’02 John N. Costello, Jr. ’89 Karyn V. Cox ’02 Andrew J. DeSpirito ’03 Jacqueline A. DeSpirito ’02 Nicholas M. Dombrowski ’02 Philip S. Douthit ’72 Mr. and Mrs. Robert Eaton P’06 Dr. and Mrs. John Edinger P’99 Jon K. Elliott PG’68 Allen D. Evans ’61 S. Allen Face III ’70 Jaye Falls ’95 Matthew R. Fox ’04 Douglas H. Frauenberger ’02 Anne M. Fullerton ’99 Scott G. Furr ’00 Paul F. Gallagher ’87 Bradley D. Golden ’99 Patrick J. Goss ’90 Richard S. Graham ’83 James N. Greenlees ’72 Ryan E. Hackel ’04 Robert W. Hall ’67 Brian D. Heberley ’01 Christine L. Heberley ’02 T. Mark Herder ’78 Mr. and Mrs. Matthew Herinckx P’06 Christopher A. Hicks ’99 Russell H. Hoffman ’74 Kenneth C. Holmboe ’55 John C. Hootman ’01 Joseph A. Hubbard ’95 Lucas A. Hurt ’01 William C. Hurt III ’59 Alma C. M. Jacobson ’01 Donald R. Jacobson ’01 Richard D. Jaffin ’45 Patricia B. Jeffers P’01 Albert N. Kamahi ’93 Mr. and Mrs. Robert C. Kehl P’91 Andrew R. Kondracki ’83

Thomas E. Koster ’67 Christopher M. Lake ’96 Susan E. Lake ’99 Geoffrey G. Landon ’79 Mr. and Mrs. Donald R. Lee P’89 Mr. and Mrs. Gary Lee P’08 Duncan T. MacLane ’78 Jeffrey S. Magrane ’89 Robert J. Marinelli ’73 Mark F. Martecchini ’79 Gary W. McCue ’75 Clifford P. Meyer ’60 Candace Miano ’04 John R. Mixon ’97 David G. Moorhead ’65 Melissa K. Morgan ’86 Richard A. Mulford ’61 Katharine A. C. Munkenbeck ’04 Liam C. O’Connell ’98 Mr. and Mrs. Alfred R. Pagan P’88 Joel R. Parry ’79 George B. Patterson ’57 John R. Paul ’69 George L. Phillips ’51 Herman S. Preiser ’49 Walter D. Rabe ’70 Robert C. Ranzenbach ’82 Marilyn Read P’97 Dr. and Mrs. Daniel Reifsnyder P’08 Edward A. Rerisi ’96 Scott Richards ’77 Bruce S. Rosenblatt (Hon.) Karen G. Rossbach ’91 Eric Runnerstrom ’69 Spencer A. Schilling, Jr. ’82 James J. Shaughnessy ’89 Steven C. Shepstone ’77 Luke A. Shingledecker ’00 Richard B. Siek ’74 John E. Sirutis ’67 Nathan A. Smith ’01 Richard A. Smith ’03 Joel P. Sodowsky ’96, PG’97 Larry K. Stephens ’63 Lennert O. Thunberg ’58 Jeanne E. Torstenson ’93, PG’97 Elizabeth A. Tuckel ’01 Matthew L. Unger ’04 Jason P. Updegraph ’01 Stephen J. Van Denburg ’01 Peter K. Wallace ’93 Homer N. Wallin, Jr. PG’62 Britton R. Ward ’95 Gabriel D. Weymouth ’01 Dr. George O. Williams Douglas M. Wolff ’77 Timothy Yen ’04 Thomas E. Zielinski ’72

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WEBB INSTITUTE

2013-2014 DONATIONS

Webb Every Year (WebbEY) Program

5 Years

Cameron M. Baker ’07 Robert I. Barra ’07 Susan C. Barra P’07 Mr. and Mrs. William Bartling P’13 Christopher J. Becker ’08 Mr. and Mrs. Robert B. Benoit P’01 Mr. and Mrs. Ray Boltz P’12 W. Porter Bratten III ’08 Diana M. Brown ’09 Mr. and Mrs. Donald P. Brown P’85 Neal A. Brown ’57 Peter C. Bryn ’06 Michael Bushnell ’69 Mr. and Mrs. David Cain P’07 Robert B. Carelli ’09 Michael E. Cariello ’10 Brendan M. Carr ’07 Dr. and Mrs. Esteban Castro P’11

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Paul D. Chapman ’67 Thomas B. Cole ’60 David H. Collins ’73 Mr. and Mrs. Martin L. Cover P’92 Crowley Maritime Corporation Steven M. Cullity, Jr. ’07 Mark P. D’Angelo ’07 William C. Danilczyk ’07 Dr. Theresa and Dr. Roland DeMarco P ’13 Tedi R. Derrickson ’10 Thomas E. Dickenson ’92 Lowell A. Dickerson ’10 Katherine Dixon P’11 Jonathan H. Dowsett ’09 Alana Duerr ’08 Phillip S. Duerr ’09 Edward C. DuMont Robert E. Dvorak ’07 Michael S. Eaton ’06 David D. Eberhardt ’07 Brian P. R. Eisenhower ’06 Courtney C. Ewing ’05 Patrick D. Faas ’07 Carl D. Fast ’77

Dr. and Mrs. Richard Ferrieri P’11 Wm. Jason Flatt ’98, PG’99 Austin J. French ’09 Mr. and Mrs. Trevor French P’09 Adam E. Geary ’07 Jacob M. Genauer ’10 Richard A. Goldbach ’58 Robert D. Goldbach ’58 William T. Gotta ’07 C. Kent Greenwald ’80 James A. Gretzky ’80 David M. Gross ’10 George Gross P’10 Mr. and Mrs. George P. Gross GP’10 Dr. Linda GrossCheliotes P’10 Austin P. Guenther Mr. and Mrs. Paul Guenther Mr. and Mrs. Steven Guglielmoni P’12 David W. Gustavson ’78 Evelyn R. Hackel ’05 Andrew D. Harville ’09 Daniel R. Healy ’87 Todd R. Heidenreich ’89 Bill Helming ’73 Douglas S. Henn ’79 Kathleen Henn ’80 Mr. and Mrs. Robert P. Henry P’97 Scott C. Henry ’97 Taylor M. Herinckx ’06 Halsey C. Herreshoff ’55 Patrick T. Hester ’01 Glenn Howard, Jr. Caitlin E. Jarecki ’05 Kristin P. Jarecki ’08 Vincent J. Jarecki III ’05 Elizabeth F. Jeffers ’01 Robert K. Jenner ’70 Robert S. Johnson ’59 Roy E. Johnson ’62 Spencer Johnson ’93 Eric Jordan ’05 Lauren N. Kadlec ’09 Steven L. Kerr ’82

Ivan N. Kirschner ’81X Robert J. Kleinschmit ’06 John R. Knobel ’73 John B. Kopp ’41 Cody C. Kurtz ’08 Michael G. LaGrassa ’07 Andrew R. Lange ’06 Peter J. Lapp ’77 Stephen J. Lardie ’73 Cyrus J. Lawyer IV ’06 Evan J. Lee ’05 Johanna M. Lee ’08 Peter S. C. Lee ’10 Sarah M. Leitner ’95 Jonathan D. Leivo ’07 Lauren R. LeRoy ’05 Lindsey K. Lindgren ’08 Anthony Loreto ’08 Christopher H. Lyons ’10 Dr. and Mrs. Walter M. Maclean Amanda M. Malarkey ’10 Daniel A. Malarkey ’06 Mr. and Ms. Robert Malarkey P’06, P’10 Daniel S. Mannheim ’08 Matthew G. Marburger ’07 William J. Markuske ’10 William C. Marrin, Jr. ’59 Nikolas P. Martecchini ’09 Wayne D. Martin ’67 Ian W. McCauley ’10 Nathan J. McKenzie ’98 Geraldine McMinn P’75, GP’09 Joshua S. McMinn ’09 John A. Mercier ’60 Jason W. Minett ’06 Kathleen M. Minnich ’07 Stephen T. Minnich ’08 Michael G. Morabito ’05 Brent J. Morrison ’11 Joseph D. Mott, Jr. ’75 Andrei Mouravieff ’09 Mr. and Mrs. John Mulvihill P’84 John D. Nonemaker II ’10 Andrew J. Nowakowski ’10 Matthew H. O’Leary ’07 RADM Robert C. Olsen, Jr. Scott D. Orlosky ’77 Mr. and Mrs. Bruce Patterson P’09 Laura K. Patterson ’09 Brian J. Petersen ’07 George L. Petrie ’70 Daniel J. Platt ’87 Andrew W. Polay ’00 Mr. and Mrs. Neil Polay P’00 Nathan L. Pratt ’07 Douglas A. Read ’97 Jeffrey D. Reifsnyder ’08 Niel I. Rising, GP ’93 Robin S. Rose ’09 Mr. and Mrs. Thomas Ryan P’88 Ryan W. Sadlo ’07 Mr. and Mrs. Daniel Sarles P’10 David J. Sawyer ’08 Rachel A. Sawyer ’09

Steven T. Scalzo Gram E. Schweikert ’02 Alexander L. Scott ’10 Mr. Benjamin Scott and Dr. Patricia Shustock P’10 Lori R. Sharpe ’82 Justin P. Shell ’08 Lorne B. Sheren ’73 Elizabeth M. Singleton ’07 Mark Skinner ’67X Douglas L. Slocum ’10 Mr. and Mrs. Jeffrey Slocum P’10 Mr. and Mrs. Bret Smart P’09 Bret S. Smart Jr. ’09 Emerson L. Smith ’08 Mr. and Mrs. Ronald Smith P’13 Mr. and Mrs. Joseph Soja P’13 Luke C. Soletic ’08 Kelly T. Sonerholm ’06 Joseph Sosa P’08 Leah R. Sosa ’08 Mr. and Mrs. George Stebe P’08 John R. Stebe ’08 Steve M. Stone ’06 Richard L. Storch ’67 Gailmarie Sujecki (Hon.) John J. Sullivan IV ’01 Sean M. Sundey ’03 Christopher Swanton ’98 Theodore L. Thorsen ’61 Andrew Tindale P’10 Thomas P. Tindale ’10 Jessica K. Tomczak ’08 Matthew D. Turns ’00 Adam H. Van Doren ’08 Mr. and Mrs. Donald G. Vernon P’83 Charles B. Walburn ’70 Jonathan D. Ward ’09 William C. Webster ’59 Webb Alumni Association Matthew R. Werner ’95, PG’97 Emily E. Whitman ’05 Sarah E. Wickenheiser ’08 Vincent S. Wickenheiser ’08 Simmy D. Willemann ’10 John P. Wise ’09 Scott G. Withee ’72 Stefan T. Wolczko ’09 Mark K. Wolf ’95 Meldon J. Wolfgang IV ’93 David M. Yannitell ’67 Matthew B. Zahn ’05 Aurore V. Zuzick ’09 Women’s Propeller Club Anonymous (2)

New member (n) | (Hon.) Indicates Honorary alumnus/a. | The names of DECEASED donors are italicized.

WEBB INSTITUTE

2013–2014 ANNUAL REPORT

2013-2014 DONATIONS Corporations, Matching Gift Corporations, Foundations, Associations, and Professional Organizations

American Bureau of Shipping Amgen Foundation Applied Physical Sciences Corp.

AT&T Axis Capital Badge Agency, Inc. BAE Systems Bank of America Foundation BASF Corporation Matching Gifts Bath Iron Works Corporation Bemis Company Foundation BG North America LLC BNY Mellon Community Partnership Boeing Matching Gift Program BP Foundation Caterpillar Foundation Chevron Humankind Employee Funds CNA Foundation Computer Associates Matching Gifts Program Con Edison ConocoPhillips Matching Gift Company Corn Island Shipyard Crowley Maritime Corporation Dominion Foundation Matching Gift Program Excelon Foundation ExxonMobil Foundation Fidelity Charitable Gift Fund Fleet Bank Foss Maritime Co. GE United Way Campaign General Dynamics NASSCO General Electric Corporation Herbert Engineering Corp.

IBM ING

2014 ADMIRALTY CLUB

InterMarine Incorporated KBR Community Matters KBR Community Matters Matching Gift Company Leidos Matching Gift Program Lockheed Martin Corporation Foundation Marsh & McLennan Companies Michael Baker Corporation Foundation Minerals Technologies Inc. Moog, Inc. New York Life Foundation Northrop Grumman Foundation Oceanside Mortgage Company One Beacon Charitable Trust Orange County Community Foundation Pembroke Construction Co., Inc. PPL Quantum Marine Engineering Raytheon Systems Company/Matching Gifts Rolls-Royce Naval Marine Inc. Ryder System, Inc. Shell Oil Company Foundation Shipowners Claims Bureau, Inc. Siemens Capital Company, LLC The Bechtel Foundation Matching Gifts Program The Dixon Company dba Cumberland Gas, Inc. The Flora Family Foundation The G. Unger Vetlesen Foundation The Glosten Associates, Inc. The Society of Naval Architects & Marine Engineers TK Foundation UBS Investment Bank Walz & Krenzer, Inc. Webb Alumni Association Wells Fargo Educational Matching Gift Program

A D M I R A LT Y C L U B

4HE !DMIRALTY #LUB RECOGNIZES CORPORATE AND FOUNDATION PARTNERS WHO SUPPORT 7EBB BY contributing $10,000 or more annually. The generosity and loyalty of Admiralty Club members ALLOW 7EBB TO CONTINUE ITS DISTINGUISHED EXCELLENCE in teaching naval architecture and marine engineering.

Crowley Maritime Corporation

For more information about becoming an Admiralty #LUB MEMBER PLEASE CONTACT OUR $EVELOPMENT Office at (516) 759-2040.

The Society of Naval Architects & Marine Engineers

Bollinger Foundation Foss Marine Holdings, Inc. McMullen Family Foundation SeaRiver Maritime, Inc.

The G. Unger Vetlesen Foundation

29

WEBB INSTITUTE

FINANCE & INVESTMENTS FISCAL YEAR 2014 (FY14) ebb continues to build its endowment through strong investment performance and the generous support of our donors.

Buoyed by an overall return on investment of 16.3% in FY14, the endowment realized a 7.9% increase in value after accounting for the draw to support operations.

The endowment is now over 50% higher than its lowest point following the economic downturn of 2008-2009, with investments totaling $58,009,540. Over 95% of these funds are unrestricted gifts. This high percentage of unrestricted funds is quite unique among institutions of higher learning – a testament to the faith held by Webb donors in the mission and stewardship of the Institute.

W

As shown in Table 1, Webb’s current year and longer term annualized returns compare favorably with our peers. Our 3, 5 and 10 year average returns lie well above the top quartile returns of endowments for higher education as reported in the 2014 NACUBO-Commonfund Study of Endowments. The Webb Investment Committee provides oversight of our investments.

John Couch, former CEO of Alexander and Baldwin and Chairman of CM Capital, serves as chairman of the Investment Committee and Cambridge Associates are our advisors.

As shown in Table 2, Revenue was down $483,770 for the year, primarily due to a reduction in

the receipt of major restricted

in FY14. In FY13, gift revenue

and unrestricted gifts. Major gift

from pledges was written down

totals vary significantly year to

by $173,865. After adjustment for

year. Total Revenue & Support

this non-operational expense,

increased to $11,994,956 due to

a net reduction in operating

the strong endowment returns.

expenses of 1.0% was realized.

Operating expenses including

Table 3 shows total expenditures

depreciation declined from

(operating expenditures plus

$7,210,896 in FY13 to $6,964,561

capital expenditures).

Table 1: AVERAGE ANNUAL INVESTMENT RATES OF RETURN (net of fees) 1 Year

3 Year

5 Year

10 Year

WEBB INSTITUTE

16.3%

10.2%

14.0%

8.5% 7.1%

NACUBO (All Colleges & Universities)

15.5%

9.0%

11.7%

NACUBO (Upper Quartile)

17.2%

9.8%

12.7%

7.1%

NACUBO ($50-$100 million endowments)

15.2%

8.7%

11.4%

6.5%

NACUBO (>$1 billion endowments)

16.5%

9.5%

12.1%

8.2%

Table 2: STATEMENT OF ACTIVITIES (Income Statement) Operating Revenue (Room & Board, etc.)

Unrestricted Gifts

2013 $994,955

1,639,137

1,514,893

Major Unrestricted Gifts (>$100,000 each)

104,254

540,809

Restricted Gifts & Grants

598,233

869,178

Other Income (Research, etc.)

REVENUES Investment Return

206,113

230,899

3,666,964

4,150,734

8,327,992

6,721,549

11,994,956

10,872,283

Instruction

2,785,931

2,873,006

Institutional Support

1,949,525

2,118,561

TOTAL REVENUE & SUPPORT

Auxiliary Enterprises

525,215

521,622

Student Services

739,255

695,008

Academic Support

964,635

1,002,699

TOTAL EXPENSES

6,964,561

7,210,896

5,030,395

3,661,387

Change in Net Assets (before write-off) Loss on Abandoned Project Change in Net Assets NET ASSETS: Beginning of Year End of Year

30

2014 $1,119,227

($940,146) $4,090,249

$3,661,387

62,710,904

$59,049,517

66,801,153

$62,710,904

2013–2014 ANNUAL REPORT

Table 3: TOTAL EXPENDITURES (Operating and Capital) The chart in Figure 1 illustrates the breakdown of operating expenses by function. Instruction (faculty, laboratories, etc.), Academic Support (non-faculty academics, library, etc.), Student Services (student activities, non-tuition scholarships, etc.), and Auxiliary Enterprises (primarily food service) comprised more than 70% of overall expenses. In FY14, 53% of operating expenses were for salary and benefits. Other large expense items included food services (7%), Utilities (5%), Insurance (3%) and Depreciation (8%).

As of June 30, 2014, the line of credit was paid down and Webb’s only liabilities were payables and short term obligations. As shown in Table 4, Webb’s Net Assets grew by 6.5% over FY13.

Total Expenses

2014

2013

$6,964,561

$7,210,896

Less Depreciation Expense

(579,511)

(611,969)

Less Bad Debt Expense

(26,292)

(173,865)

704,207

561,153

7,062,965

6,986,215

Capital Expenditures TOTAL EXPENDITURES

Notwithstanding the strong investment performance, the draw on our unrestricted investment pool remains at about 7%. A principal goal of the upcoming comprehensive capital campaign is to raise endowment funds to a level that ensures financial sustainability for future generations.

Figure 1: FUNCTIONAL EXPENSES 14% 11%

40%

8.0%

28%

Table 4: STATEMENT OF FINANCIAL POSITION (Balance Sheet) Investments Plant Assets, net of depreciation Other Assets TOTAL ASSETS Loans (Line of Credit) Payables and other liabilities

2014

2013

$58,009,540

$53,768,269

8,197,998

Instruction

$2,785,931

9,013,448

Institutional support

$1,949,525

Auxiliary enterprises

$525,215

1,084,015

1,713,093

$67,291,553

$64,494,810

-

1,088,098

490,400

695,808

TOTAL LIABILITIES

$490,400

$1,783,906

NET ASSETS

66,801,153

62,710,904

$67,291,553

$64,494,810

Total Liabilities & Net Assets

Student services

$739,255

Academic support

$964,635

TOTAL FUNCTIONAL EXPENSES

$ 6,964,561

31

298 Crescent Beach Road Glen Cove, NY 11542-1398 www.webb.edu

Alumni DC 125th Anniversary Celebration held on April 5, 2014