2012 annual report
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2012 Annual ReportTRANSCRIPT
Annual Report 2012
FroM The Chair
Off to a Great Start
As you know, the University of Vermont began a new year and a new chapter in its fundraising history Jan. 1, 2012, with the formal establishment of the University of Vermont and State Agricultural College Foundation, Inc. I am pleased to report that the Foundation has had a tremendously successful inaugural year, with more than 20,000 UVM donors committing more than $45 million in new gifts, pledges, and bequests to the University this past fiscal year. We are off to a great start.
As an active longtime alumnus and former member of the Board of Trustees, I gladly agreed when asked to chair the Foundation’s 23-member Board of Directors. Along with its Foundation Leadership Council, the board is tasked with securing and managing private support for UVM, which will be used to satisfy the goals and needs of the University.
Foundation President and CEO Richard Bundy, along with his dedicated and capable support staff and fundraisers, created this organization from the ground up in a short time. There was a tremendous effort to transition staff from the former Development and Alumni Relations team to the new organization. The new team created accounting, human resources, and other systems needed to operate independently from, but in concert with, UVM.
While the operational side of the organization was under way, the governance board began readying itself to begin focusing on the upcoming comprehensive campaign. The campaign’s eight-year goal will far exceed the fundraising results from the two previous campaigns, the first raising in excess of $100 million and the second raising more than $278 million.
While there is much work to be done in the years ahead, the Foundation is well-poised to succeed. Located in Grasse Mount, the Foundation has benefitted from the vision and expertise of its board members, who include UVM President Thomas Sullivan, UVM Board of Trustees Chair Robert Cioffi, and Board of Trustees representatives Robert Brennan and William Ruprecht. Under their governance, funds raised by the Foundation will enable the University to continue to prosper in every aspect of its educational endeavor.
Each and every Foundation board member and Foundation Leadership Council member has brought us to this point, and I thank them for their continued dedication to our alma mater. I especially thank John Hilton, vice chair of the board and chair of the Governance Committee; Max Ansbacher, chair of the Audit Committee; Karen Meyer, chair of the Development Committee; Rob Brennan, chair of the Finance and Investment Committee; Ted Madden, president of the Alumni Association; and Scott Segal, secretary. I also gratefully acknowledge former interim University President John Bramley for effectively shepherding the University in the last year.
I am sure you share my excitement as we welcome to campus our new president, Tom Sullivan, and his wife, Leslie Black Sullivan ’77. I believe he will be a strong and inspirational leader. As well, he has expressed his commitment to devote much of his time to the fundraising enterprise. We are eager to partner with him as we take the University to a new level of philanthropic support.
Eugene W. Kalkin, Chair
1AnnUAL REPORT 2012
The University of Vermont Foundation concluded its inauguralfiscal year on June 30, 2012, and we are delighted to present this first- ever annual report on what has been, in every respect, a momentous first 12 months.
UVM was one of the last remaining public universities in America without an institutionally related foundation when the UVM Foundation was established in early 2011. The launch of the Foundation signaled the University’s aspiration to become much more engaged in the broader scope of American higher-education philanthropy, and it was intended to expand opportunities to engage and involve key donors and alumni volunteers in the life of the institution in ways that had never existed before.
Our mission is simple: to secure and manage private support for the benefit of the University of Vermont. The UVM Foundation exists solely to advance the strategic goals of the University of Vermont, and our objective is to seek and facilitate private support in all of its forms, including not just fundraising, but also the engagement of time and talent from our family of alumni and friends. Through a combination of meaningful and significant volunteer leadership activities, management responsibility for the UVM Alumni Association, and oversight of a re-energized and increasingly robust fundraising enterprise, the UVM Foundation is now well positioned to assist the University of Vermont in achieving its most important goals and objectives.
Launching this new foundation involved an enormous amount of behind-the scenes activity, and it is a testament to the leadership of our inaugural Board of Directors, their counterparts in the Foundation Leadership Council, and our dedicated, hard-working staff that we not only completed our organizational development, but did so while securing a record total in new private gift commitments to the University.
I hope you will enjoy reading about the impact of our work over the last 12 months. In addition to more information about our volunteer leaders and a snapshot of our financials at the end of our first year, we wanted this report to showcase how the support of donors and alumni volunteers alike are making an impact on the University community in positive ways.
Your support makes a huge difference to the University of Vermont, and on behalf of the students, staff, faculty, and administration, I thank you for your commitment to public higher education. Please feel free to contact me directly if you have questions, suggestions, or concerns about our fundraising and alumni relations activities.
Richard Bundy, President and CEO
FroM The PreSiDenT
Thank You for a Terrific First Year
2 UnIVERSITY OF VERMOnT FOUnDATIOn
When Roy Korson, M.D., professor emeritus of pathology, and his wife, Lorraine, decided to establish the Roy and Lorraine Korson Green and Gold Professorship in the Department of Pathology, they wanted to support programs or activities that would promote academic excellence. According to Ronald J. Bryant, M.D., associate professor and interim chairman, that is precisely what this professorship is accomplishing.
“Dr. and Mrs. Korson’s generous gift allows us to appoint a professor dedicated to furthering the academic mission of the pathology department,” said Bryant. “Dr. Korson dedicated his career to research and clinical service, and this gift allows us to help fund a professor who will continue to work in the spirit of Dr. Korson’s stellar example.”
Although granted emeritus status in 1992, Korson, who served asan outstanding teacher and mentor for more than 40 years and has mentored and taught hundreds of students, has remained an important part of the UVM medical community. “My wish is to be remembered as a teacher and also commemorate my wife, Lorraine, who has had an accomplished life as well. We thought this professorship was an apt way to do that.”
According to his colleague and friend nick Hardin, M.D., “Dr. Roy Korson was, first and foremost, a surgical pathologist and cytologist. He taught me much of what I know over a micro-scope at the DeGoesbriand Unit. Legendary in the classroom as well, he exemplified a teacher who cared about his students and tried to teach the material so it would be intelligible to all. He taught me to be fair and understanding of the students and their difficulties. Sage advice from a master teacher.”
Korson, who was named the first Ernest Hiram Buttles Chair in 1984, was a teacher from a very early age. He recalls teaching his younger brother and sister how to tell time. “I felt they were old enough to know. I told them about clocks—how they worked and the concept of time. Beyond that, I knew I had the ability to explain things to people, mainly because I always wondered how things worked myself.”
When he was 4 years old, Korson recalls his family doctor who, if someone were sick, “could walk into our house and we instantly felt better just hearing him talk. I thought that was wonderful.”
That impression stayed with him throughout his education. He did well in college and graduate school, and people would
roy anD Lorraine KorSon Green anD GoLD ProFeSSorShiP
Celebrating a Master Teacher
congratulate him on the talks he gave. “It reaffirmed in me that I liked to teach. It wasn’t a great effort. I’ve been told that I have a good sense of humor, too, and I do like to make people laugh.” In medical school at Jefferson Medical College in Philadelphia, Korson had a memorable pathology teacher who, he says, was “entertaining, knowledgeable, and clear. That set me on the path to my life’s work.”
Korson has spent many years walking the halls of UVM’s medical school, noticing the portraits, honors, and testimonials of those who came before him. To that he adds, “I’m glad I established this professorship. It reminds me and will remind others that there was once a person named Roy Korson who was a good teacher.”
�AnnUAL REPORT 2012
A Slice ofa Busy Life
after receiving a medical degree from Jefferson Medical College and completing an internship at albert
einstein Medical Center in Philadelphia, Korson was awarded a two-year cancer research fellowship at
Columbia university. There he used a micro-spectrophotometer to study pernicious anemia. he came
to uVM in 1949 and built a similar device for use in his cancer research before completing a residency in
pathology. in 1954, Korson constructed an electron microscopy laboratory, conducted research and clinical
diagnostic work, taught medical students, and developed an expertise in renal pathology and the electron
microscopy of tumors. he was awarded a five-year Career investigator Fellowship from the national Cancer
institute, which included a year conducting a histo-chemistry project at hammersmith hospital Medical
School and an electron microscopy project at the Middlesex hospital Medical School in London, england.
It was a standing policy in the pathology department for new faculty members to sit in on Korson’s lectures to gain some appreciation of the beauty and clarity of his presentations.
A GiAnt in the Field oF PAtholoGyThe concept of “standing on the shoulders of
giants” is happily portrayed by all those Buttles
chairs who came after roy Korson. The good
doctor held the inaugural chair from 1984 to
1989. Paying tribute to Korson, from left, are
Bruce MacPherson, M.D., nicholas hardin, M.D.,
Sharon Mount, M.D., John Lunde, M.D., and
Bill Pendlebury, M.D.
4 UnIVERSITY OF VERMOnT FOUnDATIOn
A generous gift from Julie Simon Munro ’86 will extend and enhance a recent Honors College pilot program as well as begin to fulfill President Tom Sullivan’s goal to offer students at the University of Vermont a broad and diverse array of educational opportunities. The Simon Family Public Research Fellowships will provide the financial underpinning for up to seven students to perform community-based research under the mentorship of a faculty member each summer
“As a graduate, I strongly support the school that provided me with an excellent educational experience,” says Munro, who lives outside San Francisco. “I have a strong belief in the Honors College’s role in attracting the best and brightest students to the University. This gift will provide talented and motivated students an opportunity to do community-based research that will enrich their educational experience, as well as contribute to the welfare of the communities in which these fellowships take place,” she said.
Last year’s pilot program provided seven students the opportunity to work with a faculty member and conduct field research to complete a wide array of projects. Among others, fellowships were awarded to
• Page Atcheson, an environmental studies major, who interviewed members of Vermont town boards and planning agencies and surveyed nationwide best practices to develop a model for creating centers where citizens could build awareness and channel grassroots efforts to address climate change on a local level.
• Erick Crockenberg and Tad Cooke, both agriculture and life sciences self-designed majors, who partnered with local nonprofit CompostPower to examine the potential
SiMon FaMiLy PuBLiC reSearCh FeLLowShiPS
Championing Student Fellowships for Community-based Research
for successful sustainable energy alternatives in small- scale agricultural communities in Vermont. They won UVM’s Clean Energy Fund competition, which allowed them to implement their concept for a building on campus heated purely by local compost.
• Jennifer Carmin, a film and television studies major, who took an internship with Lucky Duck in new York City to complete a research project documenting the experiences of Christopher Columbus High School students as they transitioned from the inner-city Bronx school to UVM.
The fellowships will be available to UVM students with a record of academic achievement, says Abu Rizvi, dean of the Honors College.
“The Simon fellowships will promote mentored research by students and enable them to serve the communities in which the research takes place,” says Rizvi. “The fellowships will help students apply, discover, and extend their classroom knowledge in ways that are useful to others and that reinforce their own sense of direction. These fellowships also will provide students with limited financial means access to a valuable educational opportunity that would otherwise not be available to them.”
Family FoundationMunro and her family’s foundation, the William E. Simon Foundation, have a longtime interest in and commitment to education as well as public and community service. Twenty years ago, Munro’s father, William E. Simon, established the William Simon Scholarship Fund in the College of Arts and Sciences. The scholarship is awarded to students who demonstrate outstanding academic merit with a commitment to leadership and volunteerism.
Game Changer
For her research project, Page atcheson created a board game designed to engage communities and
promote brainstorming around the topic of climate change.
The game communicates the local and global impact of climate change and ways to mitigate and
adapt to that change. “it was taken to town meetings where our ambassadors engaged with and
educated community members about climate change,” atcheson said. Cards were chosen first to
brainstorm and show an environmental impact. Then questions were asked: Do you know that the
growing season is getting longer? Do you know that flooding is more likely? Do you know that the
maple sugar season is getting shorter? Personal action then could show a spectrum of ways people
can get involved—whether it’s political, community based, or personal.
5AnnUAL REPORT 2012
6 UnIVERSITY OF VERMOnT FOUnDATIOn
Elliott A. Brown continues to be excited about the possibilities afforded by a UVM education. The 1959 CAS alum is especially proud of his degree in political science, so much so that he has created the first Green and Gold professorship in that department—the Elliott A. Brown Green and Gold Professor of Law, Politics, and Political Behavior.
“Mr. Brown is very committed to our department and is so eager to help us maintain our academic quality,” said Gregory Gause, professor and chair of the department. “He already has sponsored the Elliott A. Brown Award that is given annually to an outstanding senior major. This professorship is a boon to the college as a whole, and we are indebted to him for all he has done to further our mission. We truly are grateful for his generosity.”
The number of students at UVM in the late ’50s was small— approximately 3,300 students, about one-fourth of the current enrollment. But it was a perfect fit for Brown because it allowed him to get fully involved with a department that at the time had only eight professors (and one adjunct).
Brown knew as early as his freshman year that he wanted to major in political science. During a break that year, the political science department conducted a field trip, under the leadership of Professor Bob Babcock, to Toronto to study the Canadian parliamentary system. Brown persuaded a friend, Harvey Flum, to join him to visit the Soviet Union Embassy in Toronto, which, at the time, during the Cold War with the USSR, was considered a “daring” visit. The session with a Soviet official was a very cordial, informative experience and was Brown’s first exposure to international relations. Babcock was impressed with the initiative, and the trip opened a terrific relationship between Brown and Babcock that lasted throughout the professor’s life.
Upon returning from Toronto, Brown became completely immersed in the political science department and all it offered. During his sophomore year, he took courses in international relations with Bob Heissler, an adjunct instructor, and Professor Lyman Jay Gould, who would also teach Brown constitutional law and human rights during his senior year. Before the end of the first semester of his sophomore year, Heissler asked Brown, “How would you like to spend the summer in the Middle East?” The idea nearly floored Brown.
FirST Green anD GoLD ProFeSSorShiP in PoLiTiCaL SCienCe
Opening Doors to the World of Politics
The trip from Paris to Istanbul was aboard the Orient Express. The trip to Turkey, Iran, and Israel incorporated seminars with the deputy prime minister of Turkey, meetings with distinguished professors from the University of Tehran, and discussions with military leaders from Israel, including a seminar with Israel’s Prime Minister David Ben-Gurion.
During his junior and senior years, the department sent Brown to conferences at the U.S. Military Academy at West Point and Capitol Hill in Washington, D.C., which created a determined desire in Brown to teach and practice political science.
Just before the start of the second semester of his senior year, Babcock, who then was serving as lieutenant governor of Vermont, asked Brown to assist him on a research project sponsored by the national League of Cities.
During his four-year journey at UVM, Brown was a member of the Lawrence Debate Society; represented his fraternity Phi Sigma Delta at the Inter-Fraternity Council; was president of the International Relations Club; was elected student court judge; and was elected vice president of the Student Government Association, where he served as SGA’s acting president.
Along the way, he was selected for membership in the Gold Key Society, Key and Serpent Society, and Boulder Society. He is also the first recipient of the Warren R. and Mildred Austin Prize for International Peace and Security in the study of international relations.
According to Brown, he established the Green and Gold Professorship because of the people who helped him achieve his goals. “It’s not for me, but for my parents, Peg and Lou Brown, for their understanding, encouragement, and support over the years, and it’s also in honor of the faculty of the political science department at UVM between 1955 and 1959.”
“The University provided me with an excellent education and leadership opportunities. The faculty knew me and equipped me with knowledge, skills, and inspiration. It has taken considerable time, but I finally reached a point where I can give something back.”
�AnnUAL REPORT 2012
Career Highlights
• instructor in political science and research associate, university of South Dakota
• associate professor of political science, Park university, Kansas City, Mo.
• Visiting faculty fellow, Department of Politics, Princeton university
• Director of legislation for rep. Benjamin a. Gilman (n.y.—22nd Congressional District)
• adjunct professor of political science, american university, washington, D.C.
• Minority staff director, u.S. house of representatives Select Committee on narcotics abuse and Control
• Deputy director, acting director, Bureau of Justice assistance, u.S. Department of Justice
• instructor, FBi national academy, Quantico, Va.
“In addition to my adorable wife, Carolyn, and our Welsh terrier, Miss Kirbie, the love of my life has been UVM.”
ChARtinG the CoURSeTo this day, elliott Brown is grateful
to those political science professors
who steered him toward a career
in politics. They were
robert Babcock
Lyman Jay Gould
rolf haugen
robert heissler
raul hillberg
George Little
andrew nuquist
Morris Simon
william Steele
8 UnIVERSITY OF VERMOnT FOUnDATIOn
When Flora K. Su graduated summa cum laude from South Burlington High School in 2011, multiple academic institutions offered her the chance to pursue her passion for scientific research and the environment. Finding one she could afford while also pursuing her dream of qualifying for the 2014 Winter Olympics wasn’t so easy for the nationally ranked figure skater.
L. riCharD FiSher SChoLarShiP
Reaping the Rewards of an Education Well Spent
Passing on the likes of MIT, Su decided to attend UVM after receiving a strong financial aid package that included an L. Richard Fisher Scholarship. Established in 1995 with a $500,000 gift from Dick Fisher ’47, ’49, the endowed scholarship was created to support students from Vermont planning on studying engineering, with a preference to residents from Fisher’s hometown of Hardwick or the surrounding northeast Kingdom area.
9AnnUAL REPORT 2012
Skating Away
when Flora K. Su isn’t studying for an upcoming environmental
engineering exam, participating in a club activity, or helping
incoming students as an orientation leader, there’s a good
chance she’s practicing figure skating.
Most figure skaters have peaked by Su’s age, so there’s a
sense of urgency to train hard if she intends to qualify for the
2014 winter olympic Games in Sochi, russia. with that goal
in mind, Su has been training up to five hours a day over the
summer while consulting with her coach in Cleveland.
The results have been encouraging for the top junior-
level skater, who placed third at the esteemed Skate Detroit
competition in august, positioning her well for the prestigious
new england regional Championships and the national
Collegiate Championships, where she skated under the uVM
banner and placed fourth.
“not a lot of people keep skating in college; it’s sort of
retirement age,” says Su. “it’s difficult to balance a rigorous
skating career with the demands of attaining a higher
education, but i’ve been able to make it work so far thanks
to the financial support. ice skating has fostered a passion,
a love, for everything i do. i attribute much of my academic
success to the drive and devotion that i have developed
through my training as a competitive figure skater.”
“When I was offered the chance to attend UVM with significant financial aid, I was ecstatic,” says Su. “I knew that here at UVM I had a new chance—another four years to further my competitive skating, and an opportunity to study environmental engineering at a place well-known as a pioneer in environmental studies and green living. The Fisher Scholarship helps make all of these pursuits possible.”
Fisher, a retired Silicon Valley sales executive who has lived there since 1972, has strong ties to the University and a long-standing desire to help it produce top-flight engineers. He earned a Bachelor of Science in electrical engineering in 1947 and a Bachelor of Science in commerce and economics in 1949 from UVM, after graduating from Hardwick Academy and serving in the European Theater and later in the Pacific Theater as part of the occupying forces in Japan.
Fisher, who went on to become a successful engineer and sales representative with Sylvania and later the top product representative worldwide for the Hamamatsu Corporation, says there’s been a serious shortage of engineering students coming out of college. His intention for establishing the scholarship, which is in addition to his $1.5 million estate provision to establish a professorship in electrical engineering, was to help UVM attract and retain high-caliber students and faculty.
The fund has provided scholarship support to more than 60 students totaling more than $700,000 in total funds awarded. A multimillion-dollar estate commitment will ensure the support of future generations of aspiring engineers.
“The future is going to depend strongly on technical knowledge,” says Fisher. “I believe we have to be a leader in technology to maintain our way of life. We need to help America stay competitive on the world stage. With the cost of education what it is today, practically everyone needs some financial help. I’m glad I can offer it.”
Su fits the bill as she plans to attend graduate school in engineering and hopes to work in a position that improves the well-being of the environment through innovative technology. “I plan to cultivate a deeper understanding of the role of engineering in helping the environment,” says Su. “The Fisher Scholarship is helping me receive an excellent education in a field I am profoundly interested in.”
10 UnIVERSITY OF VERMOnT FOUnDATIOn
William Mierse, the recipient of the Green and Gold Professorship established in 2006 with a generous gift from Richard (at left) and Pamela Ader, is already preparing for his next project: an in-depth study of the often-ignored region of ancient Central Asia that may help recast the current narrative of early civilization.
An undertaking of this magnitude will require extensive travel to view collections, conduct research, and visit excavations, some of which have only recently been opened to western visitors. This will include the ancient cities of Uzbekistan and Turkmenistan and the Black Sea Region, all located on the trading route between China and the West known as the Silk Road. In the past, Mierse has relied on piecemeal funding and his own personal finances to pay for such research projects that have resulted in works like his latest book, “Temples and Sanctuaries from the Early Iron Age Levant, Recovery After Collapse.”
The timing could not be better now that travel and on-site research are allowed in Central Asia. Mierse says Central Asia has been “peripheral in the storytelling of early civilization” since the early 1920s, when the newly formed Soviet Union implemented a policy to keep the region isolated from the rest of the world.
“In the past, archaeological work coming out of the region has been skewed for political reasons or simply not available, so there really is the potential for new discoveries there,” says Mierse, an expert on Greek and Roman art and archaeology.
riCharD anD PaMeLa aDer Green anD GoLD ProFeSSorShiP
Telling the Story of Early Civilization
“This is a very rich time to look at this area now that travel is allowed and excavations are ongoing. I don’t like to write about places I haven’t been to or seen, so this funding will be very helpful in terms of paying for research and travel to the region.”
The latest book by Mierse, a trained archaeologist with a secondary appointment in classics, is scheduled for release in the fall of 2012.
Richard Ader ’63, founder of U.S. Realty Advisors and chairman of the firm’s Investment Committee, says he’s fascinated by Mierse’s research and the conclusions that can be drawn from studying architectural artifacts from as far back as 1200 B.C.E. His wife, Pamela, has a master’s degree in art education and is an accomplished artist, having held multiple shows in new York City and elsewhere.
Ader says their primary intention for endowing the professorship was to help enhance the research and teaching efforts of highly regarded professors such as Mierse.
“This is something good for UVM because it helps attract and retain talent,” says Ader, a standout basketball player at UVM who started in the first game ever played at Patrick Gymnasium. “Funding a professorship provides additional money and allows someone like William Mierse to expand and improve what he does. Teaching is the most important part of a university, so when you have high-quality professors, it keeps us competitive and attracts talented students.”
A Rich Cultural
Change
Professor Mierse’s new book, “Temples and Sanctuaries from the early iron age Levant, recovery after Collapse,”
focuses on the significant architectural renaissance that occurred following the end of the Late Bronze age.
approximately 200 years after the collapse occurred in 1200 B.C.e., the eastern Mediterranean went
through a period of rich cultural change, including new forms of architecture. although signs of earlier
forms recalling Late Bronze age designs remained, Mierse says newer architectural features appeared as a
result of “changed demographic influences, cultic settings, and political realities that emerged in the region
as it recovered from the collapse of the Late Bronze age culture.”
Mierse’s analysis is based largely on comparative studies, surviving documents including letters written
by individuals on clay tablets, and architectural designs of temples and other structures that “permit the
isolation of lines of cultural continuity and the detection of discontinuity.”
The sanctuaries presented in the book, which includes 90 pages of photographs, drawings, floor plans, and
maps, reflect the exciting new architectural developments designed to meet emerging needs of the new societies.
Mierse augments this traditional approach with considerations of the social and political forces that
were influencing design choices in an atmosphere that he describes as a “rich cultural stew in which new
architectural forms flourished despite signs of older attributes.”
11AnnUAL REPORT 2012
12 UnIVERSITY OF VERMOnT FOUnDATIOn
leAdeRShiP And leGACy
The Crisafulli family from Danville, Calif., was among the more than
150 guests at the Leadership and Legacy reception hosted by the
alumni association during commencement weekend. in pink is
Sydney Zagarola and her sister, Lexi. From left are Leslie Zagarola,
Debbie and Steve Crisafulli, Janet Smith, amanda Crisafulli ’12, Bob
Smith, Sandy Crisafulli, Mark Zagarola, and Bill Crisafulli ’84. The
event brought together student leaders, donors to the class gift,
and legacy family graduates.
FRozen FenwAy
Sixty-eight veteran alumni hockey players took to the ice the day
before last January’s Frozen Fenway hockey game in Boston. The
alumni game saw players representing classes from 19�2 to 2008.
The event played to a sold-out crowd who witnessed men’s
varsity hockey match-up with uMass-amherst. From the left
are Chris Zimmerman ’81, Scott Fairbairn ’82, Bob Torney ’82,
Kirk McCaskill ’8�, Tom Cullity ’80, and Jim Duffy ’�9. Go, Cats, Go!
ClASS oF 2012 wine And CheeSe ReCePtion
More than 2�5 people, including graduating seniors, attended
the first annual wine and cheese reception hosted by the alumni
association during Senior week in May. Celebrating the Class of
2012, local alumni volunteers were invited to mingle with uVM’s
newest alumni association members in Billings Library. Members
of the senior class also presented their senior class gift to the
Foundation during the event.
1�AnnUAL REPORT 2012
Dear Fellow Catamounts,
As we begin a new academic year, we reflect on our many accomplishments and celebrate the spirit of our alumni, who support their alma mater in a multitude of ways.
This year was notable for many reasons, including the historic launch of the University of Vermont Foundation. As a core component of the Foundation, the UVM Alumni Association serves alumni while strengthening the quality of its programs and activities. Our programs touched more than 10,000 alumni, parents, and friends in more than 50 geographic locations ranging from the UVM campus to the West Coast and beyond. Our volunteer corps grew by nearly 12 percent and the year witnessed significant growth in social media activity using LinkedIn and Facebook. In addition, we are developing an enhanced benefits program that will be available in July 2013. Together, we can make a difference in our University.
Our alumni community is nearly 100,000 strong and comes from many backgrounds, represents every state in the nation, resides in more than 30 foreign countries, and hails from more than 10 decades. We share a deep and abiding pride for our alma mater, Burlington, and the state of Vermont.
The Alumni Association remains focused on these strategic areas:• Establishing a home for all alumni on campus with the creation of the
UVM Alumni House at 61 Summit Street• Engaging ALAnA and other diverse communities• Connecting alumni to each other and students through our career
networking resources• Partnering with the admissions office to include alumni in the identification,
recruitment, and enrollment of the strongest, most diverse classes possible• Connecting alumni to student athletes and the athletic program, using the
common bond of Catamount prideWhile this report only highlights a few of last year’s accomplishments, theAlumni Association’s impact is significant and growing. We value the supportof staff, our many campus partners, and our alumni volunteers, who are theheart and soul of the UVM Alumni Association.
Go, Cats, Go!
Ted Madden ’92 Kristina Pisanelli ’97 President Vice President UVM Alumni Association UVM Alumni Association
aLuMni.uVM.eDu
FroM The uVM aLuMni aSSoCiaTion
CelebratingAlumni Spirit
2012 hiGhliGhtS
UVM AlUMni hoUSe The exterior of alumni
house has been stabilized, which included work
on exterior stone, mortar, windows, gutters, and
chimneys. nearly $� million has been raised for
the project. recent photos and video footage
can be seen at alumni.uvm.edu.
AlAnA PRoGRAMS The Diversity Committee
successfully partnered with the Black Student
union to promote the Soul Food Social,
which drew more than 500 participants
during reunion & homecoming weekend.
The committee also supported the Diversity
and equity Jazz Brunch and rainbow and
aLana graduation ceremonies. an alumni/
student mentoring program was launched,
too, engaging more than 20 alumni.
CAReeR SeRViCeS PARtneRShiPS Career
events took center stage in all four regional
board areas and on campus in the first two
quarters of 2012. The events saw a 58 percent
increase in alumni participation with speakers,
panelists, and networkers in more than �0 job
areas, which was matched with 12 percent
growth in student participation.
AthletiC PARtneRShiPS The Frozen Fenway
hockey game was an opportunity to rally more
than 50 game-watch locations nationally.
Sponsorship of Catamount TV made more than
100 home-athletic competitions available free
to all alumni. The program saw a 2�0-percent
increase in viewership from last fiscal year.
AdMiSSionS PARtneRShiPS More than 245
alumni admissions volunteers represented the
university at college fairs and with the adopt-a-
school program. “uVM First Class” events and
admitted student receptions took place in Boston,
n.y.C., washington, D.C., atlanta, Vermont,
Chicago, and Florida, gathering 860 students,
faculty, staff, alumni, and parents. More than 150
alumni volunteers also made congratulatory
calls to admitted students in �0 states.
CAMPUS tRAditionS And ClASS enGAGeMent reunion weekend shifted
from June to october and was combined
with homecoming weekend, resulting in a
55-percent increase in alumni participation. The
move also helped increase student awareness
of the association’s traditional and ceremonial
events. Student engagement with the alumni
association reached record levels with more
than 1,000 participants in senior programs and
more than 20 events during the year.
14 UnIVERSITY OF VERMOnT FOUnDATIOn
Since Jan. 1, 2012, the UVM Foundation has had full responsibility for accepting, holding, and investing new gifts for the benefit of UVM, and for the distribution of gifts and endowment income to the University when needed to support the institution’s teaching, research, and outreach mission. Gifts to new endowments are held, managed, and invested by the UVM Foundation, with distributions made to UVM whenever needed. Gifts to existing endowments at the University are added to principal at UVM immediately. The UVM Foundation receives and manages all current use gifts until they are distributed to UVM when needed.
FiSCaL year 2012—JuLy 1, 2011 To June �0, 2012
By the Numbers
Fundraising production is the combined value of all new outright gifts, the full value of new multiyear pledges, and the full value of newly documented bequest commitments. Fundraising receipts are the combined value of all new outright gifts, all payments made on current- or prior-year pledges, and realized bequest gifts. The following tables highlight the total fundraising activity for UVM in the 2012 fiscal year ( July 1, 2011–June 30, 2012). From July 1, 2011, until Dec. 31, 2011, all gifts were received by the University of Vermont; beginning Jan. 1, 2012, all new gifts were received by the UVM Foundation.
totAl PRodUCtion Fy09 Fy10 Fy11 Fy12
new Gifts 11,528,�92 15,602,0�� 9,861,�9� 1�,604,6�5
new Pledges �,651,654 21,542,552 5,�02,556 9,05�,�66
new Bequests 2,459,28� �,8�9,161 5,2��,245 22,405,�54
GranD ToTaL 1�,6�9,��� 40,98�,�90 20,4��,199 45,06�,�95
totAl ReCeiPtS Fy09 Fy10 Fy11 Fy12
new Gifts 11,528,�92 15,602,0�� 9,861,�9� 1�,604,6�5
Payments on Previous–year Pledges 10,806,669 6,1�4,165 �,0�1,809 5,2�9,899
Payments on Current–year Pledges 1,625,�64 1,912,109 2,�98,��� 1,�12,�56
realized Bequests 2,�06,989 4,1�8,928 9,���,10� 1,1�0,985
GranD ToTaL 26,66�,814 2�,�8�,2�9 29,069,04� 21,�28,�14
ReCeiPtS By UVM Unit Fy12
College of agriculture & Life Sciences $1,4�8,51�
College of arts & Sciences $1,01�,216
College of education & Social Services $1,4�0,�66
College of engineering & Mathematics $�69,926
College of Medicine $�,055,801
College of nursing & health Sciences $889,1��
rubenstein School of environment & natural resources $2,218,1�2
School of Business administration $689,620
honors College $42,020
Graduate College $11,950
Libraries $115,584
Fleming Museum $149,�09
athletics $1,604,924
General university $4,655,��6
GranD ToTaL $21,�28,�14
PRodUCtion By UVM Unit Fy12
College of agriculture & Life Sciences $1,5�1,�99
College of arts & Sciences $8,2�0,�02
College of education & Social Services $9�4,885
College of engineering & Mathematics $�,246,9�5
College of Medicine $�,18�,�90
College of nursing & health Sciences $1,0�8,664
rubenstein School of environment & natural resources $�12,044
School of Business administration $462,��8
honors College $1,541,620
Graduate College $11,�00
Libraries $114,850
Fleming Museum $149,��9
athletics $1,914,9�9
General university $1�,950,150
GranD ToTaL $45,06�,�95
15AnnUAL REPORT 2012
PRODUCTION BY SOURCE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $45,067,395
RECEIPTS BY SOURCE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,728,314
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0Alumni Parents Friends Corporations Foundations Organizations
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0 UniversitywideCurrentUse
Other CurrentUse
Endowment Capital SponsoredPrograms
PRODUCTION BY FUND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $45,067,395
RECEIPTS BY FUND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,728,314
PRODUCTION BY PURPOSE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $45,067,395
RECEIPTS BY PURPOSE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,728,314
UniversitywideCurrentUse
Scholarships FacultySupport
Facilities Others
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
PRODUCTION BY ORGANIZATION$45,067,395
Production toFoundation 71%
Production toUVM 29%
Receipts toFoundation 27%
Receipts toUVM 73%
RECEIPTS BY ORGANIZATION$21,728,314
FUNDS TO UVM$17,055,773
Direct Receiptsto UVM 93%
Gift Receipts Distributedto UVM by Foundation 7%
The Foundation 2012 annual report is published by the university of Vermont Foundation.writers: Carla Beecher, Jay Goyette, Jon reidel. Photographers: Sally McCay, rajan Chawla, Jennifer Dana Deane. Design: Liquid Studio.
The uVM Foundation is governed by a volunteer Board of Directors with full responsibility for the management of the Foundation’s business and affairs. The Board as currently constituted has six standing committees—alumni association, audit, Development, executive, Finance and investment, and Governance—and meets at least twice annually. Members of the Board are elected for three year terms, and may serve a maximum of two terms. Members of the Board of Directors must first be members of—and are chosen from—the Foundation Leadership Council. The Foundation Leadership Council, which will eventually number 100 members, provides volunteer leadership to the
UVM AlUMni ASSoCiAtion BoARd oF diReCtoRSoFFiCerS edward e. Madden, Jr. ’92 President wellesley hills, MaKristina M. Pisanelli ’9� Vice President washington, DCMeMBerS afi ahmadi ’9� essex Junction, VTrosario Magdalena arias ’8� williston, VTScott David Baldwin ’�6 Burlington, VTwalter J. Blasberg ’�1 north hero, VTeric Burt ’80 Sherborn, MaMargot Carr ’84 new york, nywilliam J. Cimonetti ’59 South Burlington, VTFranklin J. Cioffi ’�� St. albans, VTJoshua w. Crist ’0� Chicago, iLMichael S. Fallman ’82 Sharon, MaMary ellen Guzewicz ’�� westport, CThugh J. harley ’6� South Burlington, VTLeon w. heyward ’81 Bronx, ny Penrose Jackson ’�0 hinesburg, VT
Jeffrey Mcnulty ’94 San Francisco, CaColin J. Moffett ’9� washington, DCnatalie Cater Moffett, esq. ’9� washington, DCCarroll “Bud” a. ockert ’5� Shelburne, VTalan e. ryea ’90 Milton, VTnancy orben Small ’�9 Summit, nJJoseph J. Thomas ’08 washington, DCantoine Troy williams ’92 South Burlington, VTanuradha yadav ’96 Boston, Ma
UVM FoUndAtion SenioR MAnAGeMento. richard Bundy President and CEOShane Jacobson Vice President and Chief Operating OfficerKathleen Kelleher ’8� Vice President for Developmentalan ryea ’90 Associate Vice President for Alumni Relations and Development ServicesKathy DesJardins Assistant Vice President and Chief Information OfficerMark Metivier Assistant Vice President and Controller
UVM FoUndAtion leAdeRShiP CoUnCil
James Betts ’69, M.D. ’�� alameda, Ca
Michael Carpenter P’08 Greenwich, CT
John Frank ’�9 Greenwich, CT
Grant Gund ’91 weston, Ma
Mary ellen Guzewicz ’�� westport, CT
Joan Kalkin Bernardsville, nJ
Samuel Labow, M.D. Stowe, VT
Victor Livingstone ’8� South hamilton, Ma
wolfgang Mieder williston, VT
Julie Simon Munro ’86 Larkspur, Ca
Jeff newton ’�9 Concord, Ma
Jacqueline noonan, M.D. ’54 Lexington, Ky
Jack S. Silver ’64 new york, ny
David Spector ’56 new york, ny
John Tampas ’51, M.D. ’54 Colchester, VT
Kenneth wormser ’�8 Demarest, nJ
Charles Zabriskie ’5� wellesley hills, Ma
UVM FoUndAtion BoARd oF diReCtoRS
eugene w. Kalkin ’50, Chair Bernardsville, nJ
John a. hilton, Jr. ’68 Vice Chair, Governance Chair new york, ny
robert P. Brennan, Jr. ’8� Treasurer, Finance and Investment Chair Chappaqua, ny
Scott S. Segal ’��, Secretary Charleston, wV
richard ader ’6� new york, ny
Max G. ansbacher ’5�, Audit Chair new york, ny
o. richard Bundy (ex officio) South Burlington, VT
Daniel a. Burack ’55 harrison, ny
J. Brooks Buxton ’56 Jericho, VT
robert F. Cioffi ’90 (ex officio) new Canaan, CT
Michele resnick Cohen ’�2 new york, ny
Steven Grossman ’61 new york, ny
Zachary Gund ’9� Concord, Ma
Stephen n. ifshin ’58 new york, ny
James r. Keller ’�2 Gig harbor, wa
Ted Madden ’92 (ex officio) Alumni Association President wellesley hills, Ma
Don McCree ’8� rye, ny
Pamela Gillman McDermott ’�� hingham, Ma
Karen nystrom Meyer ’�0 Development Chair Colchester, VT
Mildred a. reardon, M.D. ’6� williston, VT
william F. ruprecht ’80 Greenwich, CT
william G. Shean ’�9 winchester, Ma
e. Thomas Sullivan (ex officio) Burlington, VT
Foundation and university through its philanthropy, service, skills, networking, knowledge, and strategic business acumen. The Council was established to engage the institution’s most passionate, influential, and accomplished alumni and friends. Members serve five-year terms that may be renewed indefinitely. Board members who have completed their terms continue to be members of the Foundation Leadership Council. The uVM alumni association was incorporated as a core unit of the uVM Foundation in april 2012. Members of the uVM alumni association Board serve as a vital link between the university and its graduates, and are focused on cultivating and stewarding that lifelong relationship.
MissionThe mission of the UVM Foundation is to secure and manage private support for the benefit of the University of Vermont.
VisionThe vision of the UVM Foundation is to foster relationships with alumni and donors that maximize their personal and philanthropic investment in the University of Vermont, toward the realization of the University’s aspiration to remain among the nation’s premier small research institutions.
ValuesThe UVM Foundation values are reflected in the word PriDe.
ProFeSSionaLiSM: As representatives of the UVM Foundation, our work, expertise, and conduct exemplify the highest standards of our profession.
reSPeCT: In everything we do, we demonstrate consideration to the needs of our alumni and donors, to the campus community, and to each other.
inTeGriTy: We are fair, honest, and ethical in our work, and straightforward and sincere in our interactions with others.
DeDiCaTion:We are dedicated to responsibly stewarding the important relationships our alumni and donors have with UVM and inspiring a culture of meaningful engagement and philanthropy.
exCeLLenCe: We strive for excellence in ourselves, by being innovative in our actions, passionate about our work, supportive of our colleagues, and devoted to professional development and personal growth.
Grasse Mount, 411 Main StreetBurlington, VT 05401
uvmfoundation.org
“ We make a living by what we get; we make a life by what we give.”
— anonyMouS —