Foundation Report 2015

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Charitable Giving Report

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Southern Connecticut State University Charitable Giving Report

Transcript of Foundation Report 2015

Charitable Giving Report

44 | Charitable Giving Report

Robert L. Stamp David R. McHaleExecutive Director ChairmanSCSU Foundation SCSU Foundation

Mary A. Papazian Robert Parker, ’76President PresidentSCSU SCSU Alumni Association

Board of Directors

Why we give.

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or many the decision to support Southern and its students is motivated by personal experience — a brilliant professor who

inspired them to think far beyond the classroom or a Southern coach who stressed the importance of teamwork and

perseverance, skills equally at home in the boardroom as the playing field.

Still others are drawn by the proven importance of higher education — its power to simultaneously enhance a life and

the community. The average college graduate with a bachelor’s degree will earn $1.9 million — twice what a typical high

school graduate earns, according to the Brookings Institution-based Hamilton Project. They’re also statistically more likely to

vote, volunteer, and live healthier lifestyles — so they can give back to their families, their neighborhoods, and society at large.

That is why your gift — every gift — to Southern is so important. We are part of a powerful partnership — a

Southern community of alumni, faculty and staff, parents, students, business leaders, and friends of the university —

united through our commitment to changing lives through education.

The Southern Connecticut State University Foundation, the Alumni Association, and the university administration under

President Mary A. Papazian’s leadership, are embarking on a joint endeavor to help realize the vision expressed in the

university’s new Strategic Plan. In that spirit, Dr. Papazian joined several other members of the university community at

Homecoming to thank our donors and to share a bit of their own Southern stories — why Southern holds a special place in

their hearts and why they choose to give.

F“My wife and I are both thefirst in our families to attendcollege and are firm believersin the importance of publichigher education. Speakingto alumni at Homecomingand other events, I repeatedlyhear the most wonderfulstories about how theuniversity changes people’slives. They firmly believe inthe importance of Southernand our vision for its future.The new science building is astunning example. We are auniversity on the move andthe best is yet to come.” Robert L. StampVice President for InstitutionalAdvancement, SCSU, and Executive Director of the SCSU Foundation

“One of my most rewardingopportunities was aninternship with NortheastUtilities (NU) — nowEversource Energy — duringmy senior year, an experiencethat helped launch my careerwith the company where Icurrently serve as executivevice president and chiefadministrative officer. I amextremely grateful for theopportunities I received atSouthern. For that reason, mywife, Shannon, and I arecommitted to helping today’sstudents who we firmlybelieve will becometomorrow’s leaders.” David McHale, ’82ChairmanSCSU Board of Directors

“Education has always beenextremely important to myfamily. I was raised in a homethat was filled with books,and from a very young age,my siblings and I understoodthat we were going to attendcollege. As a public university,Southern has a mission toconnect actively with itscommunity and to createpathways to success forstudents who might nototherwise have them. I amvery much dedicated to theaccess mission, but I am alsodevoted to Southern’scommitment to excellence —and financial support is key toachieving both of these vitallyimportant goals.” President Mary A. Papazian

“New buildings, newacademic programs, and newservices that ensure studentsreceive a first-rate education— all require external supportat a time when public fundsare diminishing. I believe ourgraduates have importantstories to tell. If we share —often and proudly — themany ways Southern helpedus achieve our career and lifegoals, we will build supportfor the university that cannotfail to attract highly motivatedstudents and a widercommunity that, in turn, willhelp to support them.” Robert D. Parker, ’76PresidentSCSU Alumni Association Board of Directors

With sincere appreciation for your gifts to Southern and its students, we thank you.

Year in Review

IT HAS BEEN AN OUTSTANDING

YEAR FOR FUNDRAISING,

with Southern’s generous donors

contributing $2.3 million,

significantly surpassing this year’s

goal of $1.87 million. As shown in the

accompanying charts, gifts for

scholarships and awards reached a

record high, and support of university

programs remained very strong.

Among the many high points for the

2015 fiscal year was an increase in

the number of alumni and students

who contributed to Southern — a

tangible sign of the great value both

groups place on their education and

experiences at the university. The

number of alumni who contributed to

Southern increased 10 percent

compared to the previous fiscal year.

Equally telling, more than 320

students supported the university.

Looking forward, a strong

partnership unites Southern’s

administration, the Alumni

Association, and the SCSU

Foundation — boding more success

for the university as it moves forward

with the implementation of its 10-

year strategic plan for 2015 - 2025.

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0

200

400

600

800

1000

531

754 757

993

816

711

600

466463

209

0

5

10

15

20

25

30

17.4 17.2

20.1

25.727.3

1.50 1.52 1.77 1.64 2.3

2011 2012 2013 2014 2015

2011 2012 2013 2014 2015

Total Net Assets

Dollars Raised

Donor Support ofUniversity Programs

Donor Support ofScholarships andAwards

in millions of dollars • as of fiscal year end June 30

in thousands of dollars • as of fiscal year end June 30

• The SCSU Foundation Student SupportFund provides assistance outside of thetraditional financial aid process — coveringanything from prescription eyeglasses tobooks and supplies for students in need.

• Undergraduate Research Grants of $3,000each are awarded to students to completeresearch in any academic disciplinerepresented on campus. Each grantrecipient is guided by a faculty mentor.

More Ways Gifts Help Southern’sStudents

In addition to providing vital support for scholarships and university programs, donorcontributions make it possible for the SCSU Foundation to fund numerous criticallyimportant initiatives, including the following:

,

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Southern is a public university, leading some to mistakenly assume that most operating costs are

covered by the state. In reality, state appropriations have declined steadily throughout the years.

State funding covered about 47.45 percent of the university’s operating budget in 2002, but in March

2015, that figure had fallen to 33 percent.

Compounding the situation, tuition — which is set by the Connecticut State Colleges and

Universities Board of Regents for Higher Education — will never cover the entire cost of educating a

student. As a public university, Southern is fully committed to providing an exceptional education at an

affordable price. But like most universities and colleges, Southern’s tuition has increased over the years.

Today, the cost of tuition, room, and board is significantly less at Southern in comparison to the

state’s private universities. However, it remains extremely challenging for many Southern students to

cover the costs associated with earning a degree. That’s why your gift to the university is so important

— and why we are so grateful for your ongoing support. By funding scholarships, research

opportunities, academic programming, and more, your gifts keep a Southern degree in reach of

talented and deserving students — today and in the future.

2002

47.45%2015

33%

State Funding

as aPercentage ofSouthern’sBudget

Why Your GiftsMatter

“After returning from duty in Iraq, I narrowed my pursuits to a career in the mentalhealth field, working with veterans and currently serving military personnel.”

“ . . . this scholarship is helping me work toward my goal . . . to help empower children with special needs and their families . . .”

“I cannot emphasize enough how much this scholarship is going to assist me in reachingmy goal . . . one day helping other students reach their full potential through education.”

“Your investment in me will be repaid in full to those who need it most.”

Words ofThanks from

SouthernStudents

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Earning a college degree is one of life’s greatestmilestones . . . the culmination of countless hours spentstudying,learning,dreaming, and doing.

“I’m sure many of you have faced roadblocks that madecompletion of your degree seem, at times, difficult toimagine,” said President Mary A. Papazian, speaking at

commencement last May. “But here you are on graduation day. Youhave succeeded, and the obstacles you have overcome and theacademic life and education you have received along the way, makeyour success all the more rewarding.”

President Papazian’s words certainly rang true for ThomAS“Tommy” hUBeR,’15, who earned a B.S. in businessadministration. As a Southern senior, he moved home to help care forhis father, who had been diagnosed with a serious illness and was nolonger able to work. Balancing the responsibilities of driving his fatherto treatments, attending classes, and working part-time, Huber foundit increasingly difficult to meet the financial obligations associatedwith earning a degree. Fortunately the hard-working student wasawarded a stipend from the Student Support Fund that coveredsome of his expenses, and he was able to continue his studies.

“Even though my story is unique, the need for assistance is not.Your gift — every gift — impacts the lives of Southern students,” saysHuber. “Thank you for making my college degree a reality.”

For more on his story, visit go.SouthernCT.edu/student-stories.

ECoNomiCS mAjoR ChAmPAGNeGolDSToN, ’17, is among the first in her family to attend a four-year

university — and scholarship support ishelping her make the most of her Southernexperience. The academically talentedstudent has balanced her studies withnumerous activities outside of the classroom,including a mission trip to New Orleans andmembership in the SCSU Service Commission,which provides community service both onand off campus.

The university’s annual Alumni MentoringDay ultimately led to another life-changingexperience — an internship with UnitedTechnologies Aerospace Systems.

“Scholarship support has made itpossible for me to capitalize on all of theseopportunities,” says Goldston, “and for that Iwill be forever thankful.”

For more on her story, visitgo.SouthernCT.edu/student-stories.

Champagne Goldston, ’17

The SCSU Foundation shares words of thanksfrom some recent scholarship and stipendrecipients. They represent the tens of thousands ofSouthern students whose lives have been changedfor the better through the gift of education.

With SincereGratitude

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Honor Roll of DonorsThe SCSU Foundation exceeded its

fundraising goal for the 2015 fiscal year, raising

$2.3 million thanks to the support of our

generous donors — alumni and friends, faculty

and staff, and corporations and foundations.

In gratitude for their vital contributions to

Southern and its students, we are pleased to

present the Honor Roll of Donors online at

SouthernCT.edu/giving/honor-rolls.html,

recognizing those who have made gifts between

July 1, 2014 and June 30, 2015.

Every effort has been made to ensure the accuracy ofthe information included. Please accept our apologiesfor any errors and omissions that may have occurred. Ifyou find an error, please contact Susan Quagliaroli at(203) 392-7083 or [email protected].

Thomas “Tommy” huber, ’15

WordsofThanksfromSouthernStudents

“I can now focus more on mystudies and a little less on pickingup extra shifts at work in order toafford the semester — and for thatI sincerely thank you.”

“Each year, I am weighed withthe decision of running for theSCSU track team or working to payfor school expenses. This year, I amable to run track with less financialburden.”

“. . . [I] have been fortunateenough to support some amazingresearch with my professors. Thisscholarship will help me to focus onthese wonderful opportunities.”

“The opportunities I was givenat SCSU are remarkable. I willalways tell my story, and how thisscholarship allowed me to continuemy education . . .”

Room & Board$11,626 ToTAl

$21,226Tuition & Fees$9,600

Room & Board$14,820

ToTAl$57,090Tuition & Fees

$42,270

SCSU local 4-year Private College

1935-36

1955-56

1956-57

1964-65

1975-76

1985-86

1995-96

2005-06

2015-16

$20*plus $25 activity fee

$20*plus $25 activity fee

$50*plus $25 activity fee

$100*plus $65 activity fee

$575 $1,068 $3,128 $5,813

$9,600Annual in-State Tuition & Fees

SCSU Remains aGreat Value . . .

But Paying for College isIncreasinglyChallenging

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An Educator’s Legacy

or some three decades, Dorothy Weisbauer Goodwin, ’39,

devoted herself to students — both in the classroom and

by helping to prepare future teachers. Today, the late

educators’ legacy lives on through a $1.2 million gift she

made to Southern through her will — a contribution that funded

the creation of the Goodwin Endowed Chair in Special Education,

the first endowed professorship in Southern’s 122-year history.

This fall, following a national search, Ruth Eren, director of SCSU’s

Center of Excellence on Autism Spectrum Disorders and a noted expert

on program development for children, was named to the position. Eren,

along with the late former interim dean of the School of Education

James Granfield, co-created the center in 2010 to help improve the

experiences of children who have been diagnosed with an autism

spectrum disorder (ASD). About 1 in 69 children has been identified

with an ASD, according to the Center for Disease Control (2015).

It is highly appropriate that Goodwin’s gift is centered in the

School of Education. She graduated from Southern in 1939, when it

was the New Haven State Teachers College, and went on to earn her

bachelor’s and master’s degrees from Southern in the 1950s. After

launching her career with Fairfield Public Schools, she joined the New

Haven School System and also worked as an adjunct professor at

Southern. Upon Goodwin’s death in 2009 at the age of 91, $1 million of

the $1.2 million gift to the SCSU Foundation was earmarked for the

endowed chair. Today, that endowment is worth nearly $1.6 million.

Both Goodwin’s sister, the late Mildred McIntyre, and her niece

Gayle Fazzalaro, ’67, also earned Southern degrees and shared her

commitment to education. “Education was her life,” said Fazzalaro,

when the gift was first announced. “She felt that the younger

generation was the hope for the future and that it was an honor to be

able to help mold a new generation.”

FFollowing a national search, Ruth Eren became Southern’s first endowed chair.

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Support Southern. Leave a Legacy.

Planned gifts — also called deferred or estategifts — can help you meet your long-term financialgoals, while providing critically needed support forSouthern’s talented and deserving students.

The university’s Development office cansupply information on a variety of planned giftsthat help Southern maintain a climate of excellence— from bequests that extend your generositybeyond your lifetime to charitable gift annuities andtrusts, which can provide fixed-income paymentsand several tax benefits.

if you have already included Southern in yourwill, please let us know so that we can include you inour heritage Society, which honors individuals whoare dedicated to educational excellence and thefuture of Southern Connecticut State University. inaddition to allowing us to thank you publically, yourgenerosity can also help inspire others to give.

For more information or to become a member of theHeritage Society, please contact the Development Office.

Office of Development(203) 392-6900 • SouthernCT.edu/giving

Southern Connecticut State University501 Crescent Street, New Haven, CT 06515-1355

Eren echoes her enthusiasm. “I would like to use the

endowment to support more SCSU student

engagement in the Center and its activities, bring

outstanding leaders in the field of education regarding ASD to

our campus to share their knowledge with our students and

community, and support efforts to increase our visibility and

influence at state, national, and international conferences,” says

Eren, who currently serves as chairwoman of the SCSU Special

Education Department.

“Most important, the endowed chair will allow SCSU and

the center to enhance the lives of individuals with ASD by

giving their teachers, related service providers, and families the

evidenced-based tools that will help those with ASD to achieve

the goal of successful participation in society as adults,” she adds.

“ . . . I will be studentteaching in Bridgeport andNew Haven . . . Since studentteaching is both fulltime andunpaid, this scholarship willreally help.”

“Our family finances havebeen severely straineddue to my substantial medicalexpenses. . . . This scholarshipwill be of great help inlessening this monetaryburden . . .”

“My freshman year, I couldnot afford most of mybooks and supplies, andclasses became extremelydifficult. . . . with thisscholarship I am able to buythe books that I need . . .”

“I was unsure if I would beable to come back toschool in the fall . . . butreceiving this scholarshipreminds me to fight on . . .Thank you so very much!”

WordsofThanksfromSouthernStudents

Dorothy Weisbauer Goodwin, ’39

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Southern Connecticut State University Foundation, Inc. Board of Directors

OFFICERS

David R. McHale • ChairmanExecutive Vice President and Chief Administrative OfficerEversource Energy

Anthony F. Verlezza • Vice ChairmanPrincipal, Integrated Supply Chain Solutions

Michael R. Chambrello • TreasurerChief Executive OfficerNorth American Lottery, GTECH

Paula Armbruster • SecretaryAssociate Clinical Professor (Retired)Yale University

Robert L. Stamp • Executive DirectorVice President, Institutional AdvancementSouthern Connecticut State University

BOARD MEMBERS

Dr. Robert S. FrewProfessor Emeritus of Computer ScienceSouthern Connecticut State University

Lindy Lee GoldSenior SpecialistState of Connecticut Department of Economic and Community Development

Michael KatzFranchisee, Planet Fitness

Thomas J. MadiganVice President, InvestmentsUBS Financial Services, Inc.

John J. MezzanottePartner-in-Charge of the Greenwich, Conn., Office Marcum LLP

William H. Pratt, Esq.Intellectual Property LicensingFinnegan, Henderson, Farabow, Garrett & Dunner, LLP

John SotoPresidentSpace-Craft Manufacturing, Inc.

Pieter van VredenburchHead of Linear USD RatesHSBC Bank USA

EMERITI DIRECTORS

Lucille W. AldermanCommunity Activist

Frederick R. AfragolaChairmanFrame Advisors

Frank D. AntinSenior Vice President (retired)The Bank of New York Mellon

Lynn FuscoPresidentFusco Corporation

Robin SauerteigHigher Education Activist

Diane L. WishnafskiExecutive Vice President (retired)NewAlliance Bank

EX-OFFICIO MEMBERS

Charles E. Baraw, Ph.D.Assistant Professor of EnglishSouthern Connecticut State University

Kalie MendersStudent RepresentativeSouthern Connecticut State University

Mary A. Papazian, Ph.D.PresidentSouthern Connecticut State University

Robert D. ParkerAlumni Association RepresentativeDirector of Communications (retired)Area Cooperative Educational Services

Christopher BorajkiewiczAlumni Association RepresentativeManaging PartnerRoot, Borajkiewicz, Lucarelli Wealth Advisors

Mark RozewskiExecutive Vice President for Finance and AdministrationSouthern Connecticut State University

CONTACT US

For additional information or to make a gift:Southern Connecticut State University Foundation, Inc.

(203) 392-6900

Gifts also may be made online at:

SouthernCT.edu/giving