A RIPPLE THROUGHOUT TIMEA RIPPLE THROUGHOUT TIME As the state of Alaska turns 50, it’s a time for both reflection, and looking forward. Four decades before statehood, the University

University of AlAskA FOUnDAtiOn AnnUAl rePOrtFiscal year: July 1, 2007 – JuNe 30, 2008

A R I P P L E T H R O U G H O U T T I M E

A R I P P L E T H R O U G H O U T T I M E

As the state of Alaska turns 50, it’s a time for both reflection, and

looking forward. Four decades before statehood, the University of

Alaska began a tradition of educating, enriching and enlightening

generations of students who have gone on to make significant

achievements and contributions in this great state. thanks to the

generosity of many, this legacy will continue for years to come,

and the ripple will go on and on…

TA B L E O F C O N T E N T STA B L E O F C O N T E N T S

Letter from the Leaders 3

Foundation Leader List 4

Giving Stories 5

Giving Recognition 13

Educational Tax Credit 20

Estate Giving 21

Tax Benefits 22

Getting Ready for Success 23

Culture of Giving 25

Research 27

Ways of Giving 29

Scholarship Recipients 31

Donor Bill of Rights 43

Financial Statements 44

Statements of Financial Position 46

Statements of Activities 47

Statements of Cash Flows 49

Notes to Financial Statements 51

P R O v I D I N G O P P O RT U N I T y T H R O U G H A C T I O N F y 0 8 F O U N D AT I O N L E A D E R S

2008 was a year of unparalleled generosity at the University of Alaska. this annual report captures only

a few of the many stories about those who took action to place opportunity within the reach of others.

you’ll read the story of ruth Danner, who never dreamed of earning a college diploma, let alone

establishing a university scholarship. this report also highlights the Mellon Foundation’s creation

of the Dissertation Fellowship Program. you’ll read the story of Chick and Carolyne Wallace, who

asked friends to contribute to a scholarship for spouses of active duty soldiers in recognition of their

50th wedding anniversary. you’ll also learn of the largest single corporate gift in the university’s

history, which will create the university’s largest endowment in support of science and engineering.

Generosity like this enables UA to make possible the impossible. last year more than 6,400 contributors

committed $31 million for the benefit of Alaska’s university and its students. numerous donors

designated these gifts to a specific purpose, while others gave unrestricted gifts, allowing the university

to use those contributions in priority areas. this giving helps create the margin of excellence that is

impossible without private support.

in the years ahead the university will continue focusing on areas of relevance to our state and our

nation: k-12, energy, engineering and construction management, climate, health programs, workforce

development and campus programs. But we can’t reach our true potential without you – our amazing

supporters. Whether you’re interested in supporting students through scholarships; faculty through chairs; or

specific programs, capital or equipment through direct support – you can play a positive role in our future.

your support demonstrates your personal commitment to making Alaska the best it can possibly be.

thank you for your generosity and vision.

B O A R D O F T R U S T E E S

Ann Parrish, Board Chair

sharon Gagnon, vice Chair

Mike Felix, secretary

Will Anderson

Carla Beam

Alison Browne

Jeff Cook

laraine Derr

ted Fathauer

Greg Gursey

Jack Griffin

Mark Hamilton

Mary Hughes

steve Jones

Wendy king

Bill Mackay

Carl Marrs

Jo Michalski

robb Milne

rick Mystrom

John Pugh

tara sweeney

Fran Ulmer

Carolyne Wallace

eric Wohlforth

Phil younker, sr.

E M E R I T U S T R U S T E E S

Brian Brundin, Deceased

John Hughes

thomas Jensen

Grace schaible

Arliss sturgulewski

E x E C U T I v E C O M M I T T E E

Ann Parrish, Chair

sharon Gagnon

Mike Felix

Mark Hamilton

Grace schaible

Mary rutherford, ex-officio

C O M M I T T E E O N T R U S T E E S H I P

Arliss sturgulewski, Chair

sharon Gagnon

Mary Hughes

Ann Parrish

Carolyne Wallace


D E v E L O P M E N T C O M M I T T E E

Mike Felix, Chair

Carla Beam

Alison Browne

ted Fathauer

sharon Gagnon

Mary Hughes

Bill Mackay

Jo Michalski

rick Mystrom

Ann Parrish, ex-officio


F I N A N C E A N D A U D I T C O M M I T T E E

Ann Parrish, Chair

Will Anderson

laraine Derr

Darren Franz

Cheryl Frasca

Garry Hutchison

Wendy king

robb Milne

Bob Mitchell

Melody schneider


I N v E S T M E N T C O M M I T T E E

eric Wohlforth, Chair

Mike Burns

Gary Dalton

Greg Gursey

Winthrop Gruening

Jim lund

Brian rogers

robert storer

Ann Parrish, ex-officio


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FROM LEFT TO RIGHT: MARy RUTHERFORD, FOUNDATION PRESIDENT; MARk HAMILTON, UNIvERSITy PRESIDENT; ANN PARRISH, FOUNDATION BOARD CHAIR THE UNIvERSITy OF ALASkA FOUNDATION SEEkS, SECURES AND STEWARDS PHILANTHROPIC SUPPORT TO BUILD ExCELLENCE AT THE UNIvERSITy OF ALASkA.

Alaska’s 50th anniversary may only last one year, but the celebration will continue through UA’s multi-faceted

project, “eight stars of Gold: Fostering a spirit of Civic engagement in Modern Alaska.”

the goal of eight stars of Gold, which focuses on developing youth leadership, encouraging civic engagement and

supporting historic preservation, is to commemorate the 50th anniversary of Alaska’s statehood and create legacy

projects that persist long after the anniversary year ends.

“Ultimately, the eight stars of Gold project is about the power of remembrance and the courage it takes to face

the unknown of tomorrow,” said UA’s karen Perdue, who is overseeing the project. “eight stars of Gold is

dedicated to the proposition that genuine strength and humility comes from a greater knowledge of the past.”

inspired by Alaska’s state flag, designed by the late Benny Benson, and the state song, “Alaska’s Flag,” by the late

Marie Drake, UA undertook eight separate initiatives as part of the project:

•AttheUAAStudentConstitutionalConventionlastApril,70studentdelegatesgatheredtocraft,

debate and vote on 14 proposed resolutions.

•TheOctober2008AlaskaHistoricalSocietyConferencelookedbackat50yearsofstatehood,while

also discussing current issues and Alaska’s next 50 years.

•TheForumofYoungAlaskansinOctoberencouragedhundredsofyouthtoappreciateAlaska’shistory

and heritage and help plan for Alaska’s future.

•TheConferenceofYoungAlaskansinJanuary2009willbringtogether55youngdelegatesfromacross

the state to consider and provide recommendations on important state issues.

•ThelifeofE.L.“Bob”Bartlett,Alaska’sfirstsenator,wascommemoratedinanhour-longdocumentary,

which aired on kUAC/AlaskaOne in December.

•TheStatehoodBookSeries,beingpublishedbytheUniversityofAlaskaPressandfeaturingtopAlaska

writers, will serve as a permanent record of Alaska’s past and hopes for the future.

•TheOralHistorySeriesseekstocollectandpreserveoralandwrittenhistoriesfromprominentAlaska

pioneers, politicians, business and civic leaders.

•TheTravelingStatehoodExhibitprovidedanopportunityforAlaskanstolearnaboutthestrugglesand

triumphs of the journey to statehood.

the inspiring effort to commemorate Alaska’s 50th anniversary through a series of lasting projects was made possible by the contributions of several generous companies and organizations. A special thank you to the Alaska Humanities Forum and ConocoPhillips for their support of the UAA student Constitutional Convention; BP exploration (Alaska) inc. for underwriting the Alaska Historical society Conference; At&t Alascom and the At&t Foundation for funding the Forum of young Alaskans; northrim Bank for sponsoring the Conference of young Alaskans; and new york life and the new york life Foundation for investing in the Bartlett documentary.

“these companies and organizations, along with most Alaskans, believe in a state whose future shines as brightly as the eight stars on our state flag,” said UA president Mark Hamilton. “this project wouldn’t have been possible without their commitment.”

E I G H T S T A R S O F G O L D A Lasting Celebration of Alaska’s 50th Anniversary

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“The goal of ‘eight stars of Gold’ is to create legacy projects that live long after the anniversary year ends.”

Did you know the UA Foundation

owns the copyright for the

state song, “Alaska’s Flag”?

the copyright was given to

the Foundation by songwriter

Marie Drake and composer

elinor Dusenbury, who gave

their musical gift as a testament

of their belief in the UA mission.

to request permission to use

the song in print, please contact

TamiChoquetteat907.786.1169

or [email protected].

Music by Elinor Dusenbury

Words by Marie Drake

eight stars of gold on a field of blue,

Alaska’s flag, may it mean to you:

the blue of the sea, the evening sky,

the mountain lakes, and the

flow’rs nearby;

the gold of the early sourdough

dreams,

the precious gold of the hills

and streams;

the brilliant stars in the

northern sky,

the “Bear,” the “Dipper,” and

shining high,

the great north star with its

steady light,

O’er land and sea a beacon bright,

Alaska’s flag to Alaskans dear,

the simple flag of the last frontier.

© 1985 UNIvERSITy OF ALASkA FOUNDATION

A L A S k A’ S F L A G a Musical Gift

k A R E N P E R D U EU A A S S O C I AT E v I C E P R E S I D E N T

April 2008 was a historic month for the university and the state. ConocoPhillips Alaska, inc. pledged an

unprecedented $15 million to UAA, marking the largest single corporate gift the university has ever received,

as well as the largest gift the company has ever made in Alaska.

“this gift is an excellent example of university/community partnerships. ConocoPhillips knows that the

university’s mission to provide education, training and research helps to develop Alaska’s economy. Our efforts to

expand the number of engineers and scientists will help employers hire locally,” said UAA chancellor Fran Ulmer.

in honor of this pledge, and in recognition of the company’s generous past support, UAA’s new integrated science

BuildingwillcarryConocoPhillips’namewhenitopensitsdoorsinthefallof2009.LikeConocoPhillips’momentous

gift, the new building will offer many benefits to the university community – both today and well into the future.

“One of the great advantages of the integrated science Building will be the co-localization of science faculty

in order to foster collaboration and communication between us and our students. it will also make sharing of

equipment much more convenient,” said Jocelyn e. krebs, PhD, an associate professor in UAA’s department of

biological sciences.

Of the $15 million gift, $4 million will be used to purchase equipment for the new building, while the remaining

$11 million will establish the ConocoPhillips Arctic science and engineering endowment, which will be used to

help increase understanding of engineering and natural sciences in northern climates and communities. When fully

funded in 2016, the endowment is expected to generate at least $500,000 in distributions annually.

“By creating the ConocoPhillips Arctic science and engineering endowment, ConocoPhillips is ensuring the

impact of this gift will last forever,” said Mark Hamilton, UA president.

“With this endowment we can expand our program here at UAA, purchase equipment if needed, and provide

other necessary support for UAA’s science and engineering students and faculty,” Hamilton added. “it’s an

incredibly generous gift that will go a long way toward meeting the needs of our state.”

ConocoPhillips Alaska, inc., the number one producer of oil and gas in the state, has a tradition of strong community support – including a long-standing commitment to supporting the university. in addition to the historic $15 million pledge made to UAAin2008,ConocoPhillipshasalsoprovided$20millioninunrestrictedsupporttotheuniversitysystemsince1999.

“this pledge to the University of Alaska continues our tradition of investing in quality training and education opportunities in Alaska,” said Jim Bowles, president of ConocoPhillips Alaska. “Our company is investing in the university’s arctic science and engineering programs to create the scientists and engineers of tomorrow. We hope that funding these programs at the University of Alaska Anchorage will encourage students to stay in Alaska, work in Alaska and foster innovative thought in our state.”

H I S T O R I C G I F T I M PA C T S T O D Ay A N D T O M O R R O W ConocoPhillips Endowment Will Support Science and Engineering

“By creating the conocoPhillips arctic science and engineering endowment, conocoPhillips is ensuring the impact of this gift will last forever.”

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FROM LEFT TO RIGHT: jIM BOWLES, FRAN ULMER, MARk HAMILTON

M A R k H A M I LT O NU N I v E R S I T y O F A L A S k A P R E S I D E N T

this year UA said farewell to two of its staunchest supporters: UA Foundation founding trustee Brian Brundin and his wife, Carolyn, who both passed away in 2008.

TheBrundinssharedalonghistorywiththeuniversity.In1957BrundinenrolledatUAF, where he met his future wife during his senior year. After graduation the couple moved to Boston where Brundin completed his law degree at Harvard. He then joined the Army and was stationed at Fort richardson in Anchorage. Following his discharge, Brundin joined an Anchorage law firm and began teaching at UAA.

In1969,attheageof30,BrundinjoinedtheUABoardofRegents–becomingtheyoungestregenteverappointed.In1974hewasresponsibleforestablishingtheUAFoundation and served on the Foundation board from its inception.

“Brian enriched the Foundation through his service, personal energy and financial support,” said Ann Parrish, UA Foundation chair. “Brian and Carolyn’s warm regard for the university shone through in their long association with the institution. As UA students, as a faculty member, regent, trustee and as supporters, Brian and Carolyn Brundin set an example for service that will not soon be duplicated.”

Chick and Carolyne Wallace celebrated their 50th wedding anniversary in a unique way – by gathering friends and family to raise money to establish the Chick and Carolyne Wallace scholarship. the scholarship will support UA students who are spouses of active duty soldiers.

“the debt we owe to the many fine men and women in uniform and their dependents, for the sacrifices they have made and are making every day for our country and our way of life is beyond measure. We are working to grow this scholarship to contribute to the education of those serving or their dependents,” the couple said.

the scholarship is the latest way the Wallaces have shown their support of the university and the military community. For the past 30 years they have volunteered their time and opened their hearts and home to a multitude of good causes.

the couple also demonstrated their commitment through their long careers at the university. ChickretiredastheUAFdirectoroffacilitiesservices,whileCarolyneretiredafter29years with UAF’s College of natural resources Management.

H O N O R I N G A L I F E T I M E O F C O M M I T M E N T T O U A A CELEBRAT ION WITH A CAUSE

“as ua students, as a faculty member, regent, trustee and as supporters, Brian and carolyn Brundin set an example for service that will not soon be duplicated.”

“The debt we owe to the many fine men and women for the sacrifices they have made for our country is beyond measure.”

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C H I C k A N D C A R O Ly N E WA L L A C E

Brian and Carolyn Brundin Set Example for Service Couple’s Golden Anniversary Benefits Students

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FROM LEFT TO RIGHT: CHICk AND CAROLyNE WALLACEPHOTO By kELLy ATLEE, PORTRAITS PHOTOGRAPHy

IN THIS PHOTO: BRIAN BRUNDIN

the late Alan B. Christopherson, a well-known civil engineer in Alaska, understood the importance of maintaining

a strong engineering education program and dedicated his personal and professional efforts to making a difference

in the state.

Christopherson, who was born in seattle, Washington, earned a bachelor’s degree in civil engineering from the

University of Washington and, later, a master’s degree in civil engineering from UAA. He came to Alaska in

1975tobeginhiscareeratAlyeskaPipelineServiceCompany.HethenworkedforR&MConsultantsbefore

joiningPNDEngineersin1981.

During his career, Christopherson played a role in many noteworthy projects, including the Alaska sealife

Center, Whittier Access tunnel, kuparuk river Bridge, and Alyeska’s spill response facility in valdez.

throughout his career Christopherson also strove to improve engineering education and encourage engineering

students in Alaska. He was a dedicated donor and an active UAA alumnus who consistently participated in the

university’s annual engineering week, which is designed to introduce young people to the engineering

profession while providing educational opportunities to aspiring engineers.

it was this deep-seated commitment that motivated Christopherson and his wife, Mary, to create the endowed

Alan B. Christopherson Civil engineering scholarship Fund to help civil engineering students complete

their education.

Christopherson, who was diagnosed with cancer, passed away on Feb. 1, 2008, at the age of 55.

“Giving back was always important to Alan,” his wife said. “He was especially committed to young engineers,

so the scholarship fund is an ideal way to honor his life and continue his legacy of mentoring and encouraging

engineering students.”

the Christopherson family’s support of engineering education at UA comes at an optimal time. the need for Alaska-grown engineers is high – and continues to increase – due to general industry growth, a soon-to-be retiring workforce, and the possibility of massive new projects, such as the Alaska natural gas pipeline, on the horizon.

responding to the needs of Alaska’s engineering industry, the university recently made a commitment to double the number of engineering graduates by the year 2012, bringing the total number of UA graduates to at least 200 per year.

While the effort is still in its early stages, the university is already seeing a positive upward trend. For example, enrollment in UAA’s engineering programs has grown 20 percent a year for the past three years and UAF saw an 85 percent increase in incomingfreshmanengineeringstudentsduringthefall2007semesteralone.

E N G I N E E R I N G A S T R O N G F U T U R E

M A Ry C H R I S T O P H E R S O N

“He was especially committed to young engineers, so the scholarship fund is an ideal way to honor his life and continue his legacy of mentoring and encouraging engineering students.”

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Scholarship Remembers Husband, Father, Engineer

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ABOvE: ALAN B. CHRISTOPHERSON

I N D I v I D U A L Srobert B. Atwood+isabel Beeler+edith r. Bullock+ronald F. Cosgravenathan i. Gerson+lenore A. HedlaJohn C. HughesFred A. kubon+elmer e.+ and Mary rasmuson Grace Berg schaible*Frankie Wakefield+W. Dean and Ana Weidner

O R G A N I Z AT I O N SAlaska AirlinesAlaska Ocean seafoodAlyeska Pipeline service Company*American seafoods CompanyAnchorage Daily newsArctic stormAtwood FoundationBentley Family trustHelen M. Bentley trustBP exploration of Alaska*ChevronConocoPhillips Alaska*Council for Better Corporate Citizenship

Denali Center/Fairbanks Memorial Hospital*First interstate BankFirst national Bank Alaska*Bill and Melinda Gates FoundationGlacier Fish CompanyGolden Alaska seafoodsHighland lightHolland America linekeyBankAndrew W. Mellon FoundationM. J. Murdock Charitable trustnorthrim BankPeter Pan seafoods

Providence Health system in Alaskarasmuson Foundationschlumberger GeoQuestAlfred P. sloan Foundationstarboundtrident seafoodsUmialik insuranceUnocal CorporationUsibelli Coal MineWeidner investment servicesWells FargoWilliams Alaska Petroleum

B U N N E L L S O C I E T yrecognizes those individuals and organizations who made gifts or pledges of $1,000,000 over their lifetime.

I N D I v I D U A L SCaroline M. Coons+John P. Doyle+Marie George+W. F. Meek+Joseph e. Usibelli and Peggy shumaker*Beatrice Wenger

O R G A N I Z AT I O N SAlaska regional HospitalCArrs/safewayCiriFlint Hills resources AlaskaiBMW. k. kellogg FoundationMAPCO Alaska Petroleum

Providence Alaska Medical Centersiemens Building technologiestotem Ocean trailer express (tOte)trimble navigation

S O U R D O U G H S O C I E T yrecognizes those individuals and organizations who made gifts or pledges of $500,000 to $999,999 over their lifetime.

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L I F E T I M E G I v I N G R E C O G N I T I O N

I N D I v I D U A L SDr. Walt and Marita Babulaisabel J. Beeler+Jane H. BehlkeMary emily Carlson+Dr. J. Michael and Ginger Carrolledward and Alene ChristiansenJ. robert Claus+emerson J. Collier+John P. Doyle+John B. Hakala+ruth HewettMary k. Hughes and Andrew ekerleonard and tannie HydeDorothy Johnson+William P. Johnson, Jr.James and Mary lou kingDinah larsenrobert l. lathropseng tee leeHoward i. Mackey+James and Barbara MatthewsFannie Mae McDaniel+Mary Jean McManamin+Barry and Dorli McWayneW. F. Meek+Harry M. Mikami+terris Moore+Horace Willard nagley, ii+lily noyes+Jack O’BrienDorin and Argentina Parascalance and karen Parrish

roxolana e. Pomeroy+Dorothy Jean ray+Bill and Frances ray+Paul and terry reichardt*leo F. rhode+Clifford and Patricia rogersJon rubini and suzanne la Pierrerobert C. ruff+Craig salsbury and Barbara PomarGovernor Bill sheffieldOro r. stewart+William G. stroecker*veronica D. tisdaleelizabeth A. towerJoe and Ann tremarelloJerry e. UlmerUsibelli FamilyJon and Jona van ZyleCharles West+sandra M. Winnensydney Woll+Mark and kathleen WoodDale and M. Jeanne yoder O R G A N I Z AT I O N SAlaska Aerospace Development CorporationAlaska kidney FoundationAlaska native tribal Health ConsortiumAlaska railroadAllen Foundation for the Arts

Anadarko PetroleumAramarkArctic slope regional CorporationAsahi Brewery FoundationAsrC energy servicesAssociation of Performing Arts PresentersAt&t Alaska/At&t FoundationBartlett regional HospitalBenton Bay lions ClubBlueliner Booster ClubBob Bartlett Memorial FoundationChenega Corporationliz Claiborne & Art Ortenberg FoundationCrook trusteagle insurance Groupexxon Company UsAFairbanks Daily news-MinerFord FoundationFord Motor CompanyFred Meyer Charitable trustGCiHPicicle seafoodsinlet salmonintel Corporationkendall Auto Groupluther Hess trustMat-su regional Medical CenterJessie O’Bryan Mcintosh trustMicrosoft CorporationMorris Communications

CorporationMt Mckinley Mutual savings Bank*nAnA Development Corporationnational Bank of Alaskanature ConservancynerCOnew york life insurance*north America insurance Co.the Bernard Osher FoundationOsi softwarePrimavera systemsPrincess Cruises and toursseekins Ford-lincoln-Mercuryshell exploration & Production Companyshivers trading & Operating Companysportsmedicine Fairbanksstandard Oil Companystate Farm insurancet. rowe Price*teck Cominco Alaskatesoro PetroleumUAs Alumni AssociationUPsWards Cove Packing Companythe Williams Foundation*yukon-kuskokwim Health Corporation

A L A S k A S O C I E T yrecognizes those individuals who made gifts or pledges of $100,000 to $499,999, and those organizations who made gifts or pledges of $150,000 to $499,999 over their lifetime.

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P R I vAT E S U P P O RT F O R T H E U N I v E R S I T y O F A L A S k A

C O N S O L I D AT E D F U N D A S S E T A L L O C AT I O N

C O N S O L I D AT E D E N D O W M E N T F U N D A N N U A L T O TA L R E T U R N

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F y 0 4 F y 0 5 F y 0 6 F y 0 7 F y 0 8 C O N S O L I D AT E D F U N D T O TA L vA L U E A S O F 6 / 3 0 / 0 8 : $ 2 5 9 , 2 9 2 , 6 8 5

$17,719,539

$14,629,346

$18,425,862

$23,158,276

$31,067,594

+Denotes deceased *includes contributions to Kuac. Donations to alaskaOne are recognized by that organization, outside the ua Foundation.


22% F I x E D I N C O M E

27% D O M E S T I C E Q U I T I E S

5% G L O B A L E Q U I T I E S

12% F O R E I G N E Q U I T I E S

5% R E A L E S TAT E

29% A LT E R N AT I v E I N v E S T M E N T S

20

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10

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-5 F y 0 4 F y 0 5 F y 0 6 F y 0 7 F y 0 8 5 - y E A R Av E R A G E

N U M B E R O F D O N O R S S U P P O RT I N G T H E

U N I v E R S I T y O F A L A S k A

F y O 4 - 4 , 7 9 5F y 0 5 - 5 , 2 2 3F y 0 6 - 4 , 7 1 7F y 0 7 - 5 , 9 1 2F y 0 8 - 6 , 4 4 8

14.24%

11.02%12.32%

18.05%

-2.41%

10.39%

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For our lifetime Giving donors, supporting education is a way of life, a promise made for the long term. this sort of dedication is the perfect demonstration of how one life, one gift, can make a profound difference in the lives of many.

I N D I v I D U A L Ssyun-ichi and emiko Akasofu*James H. Anderson+sara elaine Atwood+Dr. J. Michael and Ginger CarrollGlen D. Chambersedward and Alene Christiansenronald F. CosgraveJohn e. du Pontnathan i. Gerson+Mark and Patty Hamiltonlenore A. Hedla+Byron G.+ and Margaret A. krieberHorace Willard nagley, ii+roxolana e. Pomeroy+Mary louise rasmusonJean B. schmittPeter and Joanne schustOro r. stewart+William G. stroecker*

John strohmeyer and sylvia Broady strohmeyerelizabeth A. towerJoe and Ann tremarelloCandace G. WaugamanW. Dean and Ana WeidnerPamela J. WendtPhil and Pamela younker*

O R G A N I Z AT I O N SAlaska AirlinesAlaska kidney FoundationAlaska Ocean seafoodAlyeska Pipeline service Company*American seafoods CompanyArctic slope regional CorporationArctic stormAsrC energy servicesAt&t Alaska/At&t FoundationAtwood FoundationBartlett regional Hospital

Bentley Family trustBP exploration of Alaska*CArrs/safewayChevronConocoPhillips Alaska*Denali Center/Fairbanks Memorial Hospital*eurasian Pacific Wildlife Conservation FoundationFairbanks Cancer treatment Center*Fairbanks Daily news-MinerFirst national Bank Alaska*Flint Hills resources AlaskaGlacier Fish CompanyGolden Alaska seafoodsHighland lighticicle seafoodsluther Hess trustAndrew W. Mellon FoundationnAnA Development Corporation

new york life insurance*northrim Bankthe Bernard Osher FoundationPacific Walrus Conservation FundPeter Pan seafoodsProvidence Health system in Alaskarasmuson Foundationshell exploration & Production Companysiemens Building technologiesAlfred P. sloan Foundationstarboundt. rowe Price*teck Cominco Alaskatotem Ocean trailer express (tOte)triad Foundation, inc.trident seafoodsUnocal CorporationWeidner investment servicesWells Fargo

L E A D E R S H I P C I R C L Erecognizes those individuals who made gifts or pledges of $20,000 or greater, and organizations that made gifts or pledges of $50,000 or greater in Fy08.

I N D I v I D U A L SMartha Beattyleo Bustad and Jeanne DavisMary e. ChristophersonJ. robert Claus+e. r. Dolly DieterJudith A. Dresserscott B. Frenchkatherine Gust+Bruce J. HaywardHenry and lorijane HilbertAlex Hillsleonard and tannie HydeBeryl McFarlandBarry and Dorli McWaynelaura Milner and Barbara BrooksBob and Heather Mitchellthomas A. and victoria F. PackerAnn and Al ParrishWendy redman and ralph Gabrielli Jon rubini and suzanne la PierreGrace Berg schaible*George and Melissa sternodsonny lindner and Gina tabachki*Helga and Bill Wattersonsydney Woll+

O R G A N I Z AT I O N S49thStateFoundationAlaska Communications systemsAlaska Community FoundationAlaska Council on economic educationAlaska Cruise Association*Alaska native Medical Center AuxillaryAlaska sales & serviceAlaskan Aircraft enginesAnchorage Daily newsAnchorage Marriottthe Andrew’s GroupAssociated General Contractors of AlaskaAvis rent A CarBenton Bay lions ClubBlockbuster videothe Boeing CompanyC & l investmentsCH2M Hillliz Claiborne & Art Ortenberg FoundationCostco WholesaleCredit Union OneDenali state Bank*DoyonerA Aviation

evergreen Community Development AssociationHugh & Jane Ferguson FoundationGCiGolden valley electric Association*Hawk ConsultantsAlex Hills AssociatesHilton AnchorageHolland America lineHotel Captain CookJohnson river enterprises*Juneau rotary Clubkendall Automotive GroupkeyBankleo rhode Charitable trustlounsbury & AssociatesMarathon Oilnerland Agency Worldwide Partnersnine star enterprisesnorth to the Future Foundationnorthrop GrummanPrince William sound Aquaculture CorporationPrince William sound science CenterPrudential Jack White/vista real estate

roger Hickel Contractingthe Frances and David rose Foundationthe seattle Foundationseisa Groupsheraton Anchorage Hotelskiwolf Booster Clubsoutheast Conferencespenard Builders supply*subway of Alaskasummit Consulting servicesUAs Alumni AssociationUnion Pacific Matching Gifts ProgramUsibelli Coal MineWendy’s north-Wend FoodsWildlife Conservation society of tanzania

A U R O R A C I R C L Erecognizes those individuals who made gifts or pledges of $10,000 to $19,999, and those organizations that made gifts or pledges of $10,000 to $49,999 in Fy08.

I N D I v I D U A L Ssteve and Melissa Adams*Honey Bee and Dale AndersonMichele C. Aubry*Carla J. Beam*Marvin and Cindy Bergesonerica Blackledge and Jon Blackledge*Alison e. Browne*Clyde Bullion and June George*robert and kathleen Byrd*Alan Christopherson+*Barbara ellen Clinton*ervon and Barbara Fairbanks*Michael Gesser*renee Gross*Greg and Wendy Gursey*robert and Deana Hale*Greg J. Helms*vicki koehler*Marshall and lois lind*Joel lounsbury*Jon lounsbury*Paul and lucy McCarthy*ruth e. McHenry*

James and evelyn Moss*Delores k. nerlandJane O’shaughnessy*David J. Owens*Jean M. Parsonsshirley Phelps*Michael Powers and teri spires*edward and Cathryn rasmuson*Paul and terry reichardt*k. O. rude*rita n. sholton*Ann W. stockman*Fran Ulmer and Bill Council*Joseph e. Usibelli and Peggy shumaker*Jan and Jeraldine van den topFrankie Wakefield+*Chick and Carolyne Wallace*terry t. Waltman*Craig H. Wisen*Jerry and Barbara Zelenka

O R G A N I Z AT I O N S3 Point Booster Club*Access Alaska*

Alaska Coffee roaster Co.*Alaska international education Foundation*Alaska railroad CorporationAlaska trappers Association*Alta Air logistics*American Marketing Association, Alaska Chapter*Anchorage economic Development Corporation*Anchorage Fracture & Orthopedic ClinicArti-Circle Framing*AstraZeneca*the stanton D. and ernestine J. Bennett Charitable trust*the Blue loon*Blueliner Booster Club*Capital Office systems/supplyCoca-Cola Bottlers Foundation*Design Alaska*enstAr natural Gas Company*Fugro Pelagos*Furbearers Unlimited*Great northwest*

Horizon lines*image Optical*Juneau Gastineau rotary Club*lincoln Financial Group Foundation*Mckinley Capital ManagementMerdes & Merdes, P.C.*Mt. Mckinley Mutual savings Bank*the nerland trust*PeO sisterhood Chapter G*Petro star*rebounders Booster Club*sholton Foundation*spirit of youth*stack Company*the superior Group*UAA Accounting Club*UAA Hockey Alumni Association*UAF Alumni Association*UAs student Government*Unisea Hospitality Division*veCO*Westmark Anchorage Hotel

G O L D C I R C L Erecognizes those individuals and organizations that made gifts or pledges of $5,000 to $9,999 in Fy08.

I N D I v I D U A L SJane H. BehlkeJohn and Judy BinkleyJames BowersW. Alan and Barbara BraleyGretchen Gordon*eric P. Buetow*robert W. and Joan l. BundtzenMike and rebecca BurnsOmer and Carol Careyshirley i. CarlsonBarbara and timothy CernyPing-tung Chang and li kanDan Christensenrichard l. Collins*Douglas and Marcel ColpJeffry and susan Cook*Bill and katie CorbusDanner FamilyJohn and tina Delappleonie H. Deramus*laraine and romer Derrkristin A. DesmithJohn P. Doyle+C. Burnett and susan Dunnnancy l. eliasonJohn and Jan ellsworthMichael and Bethany Felixsharon and Bruce GagnonAnthony F. Gasbarro*Jan and Bill GehlerDavid s. Grauman*Patricia r. Hardyl. Michael Cheek and susan Henrichs*Christopher H. Henry*P.J. Hill and Mimi HoganPhilip A. HoffmanMary k. Hughes and Andrew eker

edgar J. Huizerstephanie A. HuntPaul and Birgit HunterMaureen Johnson and todd torczonsteve and Judy JonesGary klopferDave kolesky and Barbara DeMarcoDavid and Pamela kyzerPaul and Joan landisHerbert and Marianne langJon and Melissa lieberman*James and Barbara MatthewsPeter and Jo MichalskiJames and Deborah Miears*Carline and Phillip Millersusan and Martin Miller*Joseph A. nava, Jr.tlisa and scott northcuttBrian O’Donoghue and kate ripley*Megan and Brad OlsonPatricia Opheen and Michael redmondJane M. Pallisterrobert and Mary ParsonsCharles W. lemke and Phyllis Pendergrast*Christine k. PhillipsJohn and Margaret PughCheryl and Bryan Quinnirene M. seavyJeannine D. senechal*kelly and Myrnel smithDavid and Alexandra sonnebornvirginia and Charles stearsArliss sturgulewskironald and Mary kay teelJack and Frieda townshend

Christopher turletes and Cheryl stewartGary and Marlene turnerDenis and Jean Wiesenburg*Jack and Carol Wilbur*Henry and karin Wilsoneric and Caroline Wohlforth

O R G A N I Z AT I O N SA Weaver’s yarn*ABs Alaskan*AeiCAlaska Aviation toxicology*Alaska yukon PioneersAlaskan MemoriesAlcan Builders*the tim & Barb Cerny Foundationthe Aleut CorporationAMC engineersAnchorage Convention & visitors BureauApocalypse Design*Coca Cola Bottling CompanyCold Climate Housing research Center*Cummins northwestDOWl engineers Alaska testlabDowntown Association of Fairbanks*Fairbanks Gold Mining*Fairbanks red Hackle Pipe Band*Fairbanks shakespeare theatre*Frontier Flying serviceHach scientific Foundationinterior Alaska Building Association*kenai river rotary Club of soldotna

kiwanis Club of Fairbanks*laser vein Center*lu lu’s Bread & Bagels*Maniilaq AssociationJames r. Miears, D.D.s./ronald M. teel, D.D.s.*national Association of social Workersnorthern land Use research*the northern lightOptimist Club of FairbanksOutdoor Heritage FoundationPeO sisterhood Chapter DPetroleum news AlaskaPfizer FoundationPrincess toursProvidence Alaska Foundationrememberence Foundationsafari Club international Alaska Chaptersafari Club international kenai Peninsula Chaptersociety of American Foresters-Cook inlet Chaptersoils Alaska PC*state Farm Companies Foundationstate Farm insurancesuper signstestAmericatrinion Quality Carethe Usibelli Foundation*Marion Weeks Charitable trust*W.W. GraingerWest Construction Company

G L A C I E R C I R C L Erecognizes those individuals and organizations that made gifts or pledges of $2,500 to $4,999 in Fy08.

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D O N O R S F y 0 8

Due to publication space limitations, the list of Jade club, Forget-Me-Not club and university club can be found on the Foundation’s Web site: www.alaska.edu/foundation/donor_relations/recognition/club.

+Denotes deceased *includes contributions to Kuac.

Donations to alaskaOne are recognized by that organization, outside the ua Foundation.


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if one gift can have such significance, imagine the magnitude of many donors joining together to support a common purpose. Our Fy08 donors have done just that – and the result is nothing short of inspiring.

D O N O R S F y 0 8

I N D I v I D U A L SAnders Ahrenthomas and Mary AlbaneseDede M. Allenrichard and Diane AllenJoe AlstonWill Andersonlois J. Antesaradell ArdHelen l. Atkinsonraymond P. Baileykatherine A. BargerDarla “Dolly” BartonGary and Barbara Baughrandall and Deborah BayerMary l. Beckvirginia Bedford and Peter FinnoffWilliam and Andrea BenitzF. lawrence and Margaret Bennett*Carol and Myles Bergrachel Bergeson, M.D.Gerald and vered Berman*Charles Bettisworth and karen Perdue*Peter and elizabeth BiesiotMary e. BinkleyByron and Billie BirdsallCharlie BissonetteBrad r. BoddeMary A. Borchert*Michael Boyer and karin reyesJoan and Douglas Braddock*timothy and Betty BradyAl Bramstedtsusan r. Bramstedtkenton and kathleen BraunAisha tinker Bray and Jonathan BrayJ. stephen BrechtDorrie and Art Breese*Georgiana W. Brennenregina BrinkerhoffDavid Orlando and linda BrooksAnne BrooksBarbara and Jerry BurnettBruce and linda Bustamanterocky and Joanne CapozziMegan and rodney Carlsonrenee Carter-Chapmantom and susan CaseAnne Castonrichard and Anne Caulfield*rob Cermak and katherine Hedstrom*Janice P. Chen*edward e. Clark, Jr.tania Clucas and John lowe*steve Cobb and sandra Carroll-CobbJoyce J. ColajezziPatrick B. Cole*terrence Cole and Gay salisbury*Carol and Dennis Comeausteven and karen Comptonleland D. Corkran*Jack and Carla CostelloFuller A. and Christmas CowellJohn and Anthea CravenDouglas and susan Crevensteneileen M. Cummings*Hilary J. Curreythomas and Barbara Dale*salvatore B. De leonardisDon Hopwood and leslie Dean

John Dedesusan r. DimaggioDiane Disanto and John sroufeMichael A. Driscoll and rebecca young DriscollDale A. Durrwachter*terence l. Duszynski*Mary and George earpCheryl e. easleyDavid and Janet lane eatonCarolyn r. ellingwood and Dave BatemanC. John and lynn Ann engGlenn estabrook*ilona J. H. Farrnancy A. Felixkatherine and John FinstuenHeather Flynntony Follettrichard C. FoxConrad Frankstephen Frank and linda AndersonGlenn W. Fredericks+Michael A. Frederickssusan Gamache and Jim Fitzmauricerichard and karen Garzakeith and susan Gaudin*Andrew and Amber GichardJacqueline and John Goeringscott and yvonne Goldsmithkate Gordonlee and Ann GorsuchBarney and rachel Gottsteinron and Fan GrahamCarol and Michael GriffinMike and Dee Ann Grummettrobert and Wyn HagmaierCathleen s. Hahnsimon P. Hamm*James D. HartDavid and Jeannie Haugentrudy Heffernan and William Putman*Christopher l. Helkennrobert e. HendersonCynthia and kenneth Henryshenandoah and Joseph Herdasusan Herman and Gary kofinasMelissa and eddie Hillkirk and eiluned HogensonJean HollandCathleen and Mark HollowellBetty J. HoodMichael HooperJennifer and Bryan HoppoughDavid Howensteineloise M. Hoytronald and elaine Hulsteinronald k. inouye*Patricia A. JacobsonCarole and Bruce JaffaWalter John and sharon richardsJames and Mary Johnsen*lynne and lloyd Johnsonstephen Johnsonsteven Johnson and shawnalee WhitneyHarold and sydney JohnstonAldona Jonaitis*Melvin kalkowski and sharilyn MumawForrest l. karr*

Pramod and shukla karulkartheodore l. and Marjorie r. kassierPatty kastelic and sam stoker*Bradford G. keithleyMaggie kellyBob kizerGunnar and Alice knappMark and Julie kortingChristopher l. kottraBrian and serena kraft Familykatya G. kuznetsovarob langMichael and irma laskowskirobert l. lathropGary and Mary laursenDorothy law DoubledayDavid and Betsy lawerlinda P. lazzellstephen leider and ilona Barbersue linfordJames liszka and Genie Babbroy loewenstein and Alana stubbseric and Debra lopezCarlos J. lujanDirk lummerzheim*Carole l. lundJames and Margaret lund*James Cannon and Ardith lynchted and tamzin Malonerichard kullberg and kristine Mannstewart Allison and Jo-Ann Mapsonstacey l. MarshJill Marshall*Brooke and Wilda MarstonPaula J. MartinJulia and steve MartinezMartha Mason*robert and Marcia Maxwellsamuel and Christine McAlpinePatrick k. McCalebkevin Fimon and karen McCrearyGloria M. McCutcheontim and Mary McDiffettGeorge and laurel MclaughlinDennis and stephanie McMilliansally MeadJohn W. Measestewart and sheila Meelori and Ward Merdes*tom and Cathy MillerWilliam and elaine MillsCraig MishlerDave Mobraten*susie MorrisJames and Phyllis Moviustodd and tracey MuellerMichelle e. Myersrichard and Mary Mystromroger and nancy nagarkarJohn and Maryann nagyHarry and leslie needMary Ann nickles*Matthew and Margaret nicolaiMarie noah*eric noyes and Mimi GendreauDonald and Jan O’DowdAlvin and Gloria OkesonPhilip and Pamela OkesonJim Olson and Bobbi ramos OlsonJohn and Madge OswaldChris n. PallisterDavid J. Parks

richard and Carrie Parrislance and karen Parrishsara and scott PateMichael and Donna PatrickGuy and Jayne Patterson*Becky Pattersonrichard PauleyJohn and Beth PeirceJames Perrizo*Greg and laura Petrowich*elizabeth Anne PettitJim and Anne Picardthe Piccard Familyellis and lowa PickettCharles and Ann Pilchrobert and Marjorie Poggasvictoria l. PohlJohn C. “Jake” and Janice Poole*David O. Porter*James and karla PowellAnton and Herta Prechtel*Chris e. Princenina e. ProckishJane and Jang raMax and lisa rabinowitzDavid s. ramseursarah e. ramugliaDavid W. rand and DeAnne M. (Gardman) randrobert and virginia rauscheric and vicki rayburn*David and Marjorie rehfeldtGeorge and Amy rhyneerJasper rinee. thomas and raye Ann robinsonJack and Martha roderickAlberto and e.W. rodriguez*Jeff and katie roeJuan and Beatriz roederersteve and sandra rollinsWilliam and Anna May roseBeth rose and John levyMary and Johnny rutherford*George and Cindy salmon*Giorgio Chrimat and Amanda saxtonAngela schmidt and Chris Millerkaren schmitt and Michael rentelBrian and Melody schneiderHerbert P. schroederstacy l. schubertBruce r. schultzlorrie and theodore scolesJulie scott and John ryer*Dick and Jo scottrichard and Patricia seifert*Mike and evelyn sfraga*Melody D. shanginkaty and Philip sheridankimberly A. sherrill*timothy silbaugh and Catherine Cowardkevin J. silvered and Jennifer simeonoffMark simon*Cary and tabitha sinnettJaime and eric smith*roger and isabella smith*steve and Jane smith*Alice M. snodgrassMichael and Gloria snowdenMary snyder and steve taylorDeborah and russell sonberg

C H A N C E L L O R ’ S C I R C L Erecognizes those individuals and organizations who made gifts or pledges of $1,000 to $2,499 in Fy08.

virginia v. sparlingronald spatzWilliam and Dianne spindleivy spohnholz and troy Bowlerkimberly J. stanfordDeborah and Mason staubDeb and Dennis staufferroberta stellMargaret and David stewardCynthia A. stragier*stephen and Paula stromFred and laurel stutzertara k. sweeneyteresa and todd thompsonkelly thorngrenAlan and Marilyn townsendDiane M. tracy and Family*trig trigianoJoe and Marilyn UsibelliChristopher lockwood vaughanryan and Amy WarrenAndrew and Judith Warwickrobert G. WedemeierCharles e. WellesWilliam and emily Wennen*kirk WickershamMegan and shawn Wiegand*Charlotte Wilbur*norman and kathleen WilderJohn and sheri WilliamsDebra M. Williamson*emma C. Wilsoningeborg B. Wilson+Glenna J. WoodJoe and Mary Beth Woodenlarry and karla Zervostimothy and Cynthia Zimmerman*

O R G A N I Z AT I O N SAdamas Jewelry Co.*Advance Printing Company

Alaska Association of environmental ProfessionalsAlaska Humanities ForumAlaska interstate ConstructionAlaska land title AssociationAlaska regional HospitalAlaska retired educators AssociationAlaska rock GymAlaska sealife CenterAlaska society of Professional land surveyorsAlaska state Medical AssociationAlaska UsA Federal Credit UnionAnchorage sand and GravelAts AlaskaAuto trim Design*Baker and AssociatesBlueberry Baby*Breast Cancer Detection Center*Brews BrothersC.A.r.e.s. resource & referral*Cabin Fever Quilters Guild*Calista CorporationCarlile transportation systemsChallenger learning CenterChugach AlaskaCline Consulting and training solutions*Cook & HaugebergCornerstone ConstructionCP Anchorage Hotel 2Crook trustDavis Constructors and engineersDelta kappa Gamma society - JuneauDenali national Park Wilderness Center*Denali OrthopedicsDoyon Universal servicesDuszynski and Associates*eli lilly and Company FoundationeMC realty*ess support services Worldwide

Fairbanks resource AgencyFairbanks sand and Gravel*Fairbanks symphony Association*Fairbanks title AgencyFairbanks Urgent Care Center*GHeMM Company*Gottstein Family FoundationGovernment Computer salesGreater Fairbanks Board of realtorsGreater sitka Arts CouncilHabitat HousewaresHolistic Medical Clinic*Jammin salmon Physical and nutritional therapy*Juneau economic Development CouncilJuneau empireJuniper networkskachemak Bay title Agencykreofsky - Page*landis Communicationslet it snowlinford of AlaskaMarshall Arts*Mat-su College Math ClubMat-su College student GovernmentMechanical Contractors of FairbanksMeridian ManagementMetropolitan Garage*the nature Conservancythomas nixon Art*nome Bar Owner’s Associationnorth Pole Physical therapy*northern threads*northland Wood*northrop Grumman FoundationPendergrast, Phyllis D.M.D., P.C.*Peninsula AirwaysPepsi-ColaPile Driving Contractors AssociationPnD engineers

Providence Health & servicesQuality Asphalt Pavingramona Munsell & Associatesre/MAX Propertiesrenewable resources Coalitionriver’s edge resort*royal Caribbean international & Celebrity Cruisesschwab Fund for Charitable Givingshell OffshoresMG of Alaskasociety of American Foresters- Dixon entrance Chaptersociety of American Military engineers, Anchorage Postspaulding interiors*sportsman’s Warehouse*steese Area volunteer Fire Departmentstudents in Free enterprisesuperior Hardwoods*swalling Constructionsysco Food services of seattletanana valley Clinic Family Medical Caretanana valley Farmers Market Association*tracie’s Family HaircareUALocal375Plumbers&PipefittersUBs Financial servicesUnitarian Universalist Fellowship of Fairbanks*valley Medical Careveterans of Foreign Wars of the U.s.Wachovia Foundation Matching Gifts ProgramWal-Marttodd Z. Wentz OrthodonticsWilder Construction Companythe Williams Foundation*Women of the MooseZulu nyala Group

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+Denotes deceased *includes Kuac contributions to Kuac. Donations to alaskaOne are recognized by that organization, outside the ua Foundation.


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ruth Danner never dreamed she would earn a college diploma, much less be responsible for establishing a university scholarship. However, that is exactly what happened.

Danner, who began her college education as a non-traditional student with young children at home,graduatedwithabachelor’sdegreefromUASin1992.Shewentontoearnamaster’sofbusinessadministrationin1998,andnowworksasaportfolioaccountant for the Alaska Permanent Fund Corporation.

“not everyone has the opportunity to complete their college education right after high school,” Danner said. “By the time i realized i really needed a degree, i had children and serious financial responsibilities.”

in 2001, Danner created the UAs success Award scholarship to reward the efforts of students, like her, who have had a break in their post-secondary academic career. the restricted fund currently makes one $2,000 award a year and preference is given to students with dependent children at home.

“returning students know college is not going to be easy and they come back anyway, ready to work hard to achieve their goals,” Danner said. “i am lucky to be able to share, in a small way, in the successes of these bright and dedicated people.”

R E T U R N I N G T H E FAv O R uas Grad Helps returning students succeed

PICTURED, CENTER FRONT, ARE GEORGE AND RUTH DANNER, WITH THEIR SON, jIM, HIS WIFE, LENI, HOLDING ISABEL, AND GRACIE AT LEFT, ALONG WITH GRANDSON DOMINIC AND DAUGHTER, LISA FLORES, STANDIN GRIGHT.

T H E E D U C AT I O N TA x C R E D I T The ultimate return On investment

When ron Dukowitz enrolled in UAA’s process technology program three years ago, there was no waiting list. But times have changed.

“the need for workers is high. the prospective students are ready. the facilities, equipment and labs just can’t keep up with the demand,” said Dukowitz, who will soon graduate with a process technology degree.

to help fill this need and grow the workforce, Chevron recently donated $1 million in support of UAA’s process technology, instrumentation and computer electronics programs, as well as the Alaska native science and engineering Program.

“Chevron is committed to Alaska,” said John Zager, Chevron Alaska manager. “We believe in recruiting and training locally, and we want to be an active contributor in helping to grow Alaska’s workforce for the future.”

“the university is proud to consider Chevron a partner in workforce development and we appreciate their generosity and vision for the future,” added UA president Mark Hamilton.

F U E L I N G W O R k F O R C E D E v E L O P M E N T

Gifts to the University of Alaska can reduce your state taxes. taxpayers

who pay any of the following taxes to the state of Alaska are eligible to

claim a credit on their state tax for a portion of cash contributions made

to UA:

•AlaskaIncomeTax

•OilandGasPropertyTax

•OilandGasProductionandTransportationTax

•FisheriesBusinessTax

•FisheriesLandingTax

•MiningLicenseTax

•InsurancePremiumTax/TitleInsurancePremiumTax

the education tax Credit provides an opportunity to make cash contri-

butions to the UA and claim a tax credit for up to 50 percent of the first

$100,000 of your gift, and 100 percent of the next $100,000 of your gift.

For example, suppose your business owes the state of Alaska a tax of

$200,000 and you make a contribution to the UA. the company can

claim the credit against its tax liability of $150,000 (50 percent of the

first $100,000, plus 100 percent of the second $100,000 of the gift =

$150,000).

thus, the company has benefited the university with a $200,000 gift

and the tax bill has been reduced from $200,000 to only $50,000.

there simply isn’t any better return on investment than the education

tax Credit.

FOR MORE INFORMAT ION

Contact Jennifer simeonoff, corporate & foundation relations manager, at

[email protected].

chevron contributes $1 million to ua Programs

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I N D I v I D U A L SJohn Ahosaradell ArdDarla “Dolly” Bartonisabel Beeler+Mark Beltz+Bill Benitzkaare Birkeland+erma Bolick+Mary BorchertDouglas BraddockJoan BraddockAlison BrowneJoan Bundtzenrobert BundtzenMary emily Carlson+richard CattanachJ. robert Claus+Patrick B. ColeJudith CollinsCaroline Coons+lesley Croxtonloren CroxtonMary CroxtonBarbara DayFrederica de laguna+Jim Dixon

John Doyle+lynn Drewery+Heather FlynnJanet Fredericks+Melitta GallagherMarie George+ralph Clinton George+nathan Gerson+Wilbur Greenrenee GrossGregory Gurseylawrence HainesAllan Hansenlenore Hedla+lorie HovanecJohn HowardAnne HuberDouglas Huberlois irvin+Jean kirschlee kramerAlice kull+kirk lantermanMarie J. lavignerichard lee+Jane MadisonWillis Madison

louise Mawe+ruth McHenryDennis McMillianW. F. Meek+Arnold Muldoon+Horace Willard nagley, ii+Patrick H. O’neillAl ParrishAnn ParrishJean ParsonsAndrew PayneGwen PayneMaynard PerkinsJan Petri Hainesshirley Phelpsrachel Pikeroxolana Pomeroy+David Porterlinda PorterJohn e. “Jack” randall, iielmer e. rasmuson+leo rhode+Alberto rodriguezedwina W. rodriguezBrian rogersDale rusnell+evelyn M. (sally) rusnell

John ryerPatricia satreGrace Berg schaibleJulie scottirene M. seavyWilliam sebulskyrichard sewellGovernor Bill sheffieldrumi smithtimothy smithOro stewart+Ann stockmanJ. Clifford stonescott taylorlowell thomastay thomasChristopher lockwood vaughanFrankie Wakefield+Carolyne WallaceChick WallaceCandace WaugamanCharles West+sydney Woll+thomas s. Wolfkarla Zervoslarry Zervos

L E G A C y S O C I E T yrecognizes those individuals who have provided for the university through their wills, or life income gifts.

L E G A C y S O C I E T y

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Alaska gardening expert lenore Hedla educated and inspired

countless gardeners through her book, magazine articles, newspaper

columns and appearances. yet it was her gift to UA that planted a seed

that will continue to grow, thrive and produce future generations of

successful students.

Priortoherpassingin2006attheageof91,Hedlacreateda

$1 million estate gift in memory of her late husband, George, a

certified public accountant. the gift, which will benefit UAA’s College

of Business and Public Policy, will create the George M. Hedla

endowment to support accounting professorships, as well as provide

educational opportunities and support academic excellence.

P L A N T I N G S E E D S O F S U C C E S SNew $1 Million estate Gift Benefits accounting students

By making gifts or pledges through estate planning, the members of our legacy society have made a commitment that promises to benefit our students and our state for many years to come – leaving a truly lasting legacy.

T H E E A S I E S T G I F T y O U C A N M A k E Providing for the university through your estate Plan

One of the easiest ways to make a significant and lasting gift to the University of Alaska is to provide for the

university in your will or estate plans. you can specify that a certain sum can come from your estate to the

university (a specific bequest), or that a percentage of your estate, after other specific bequests have been made,

comes to UA (a residual percentage bequest). either type of bequest can be done very simply by adding

language similar to that provided below when the will or trust is being drafted by your attorney. you may also

decide whether you wish your bequest to be used to establish a perpetual endowment or a fund to be fully expended

by the university. in making this decision, the size of the bequest becomes important as there is a minimum amount

(currently $25,000) needed to establish perpetual endowment funds.

your attorney may find the following language helpful when drafting bequest provisions to accomplish your estate

gift to the UA:

“i hereby give to the University of Alaska Foundation, a tax-exempt organization as described under subsection

501(c) (3) of the internal revenue Code, located in Fairbanks, Alaska, (for a specific bequest) the sum of $_____

(or for a residual percentage bequest “____percent of my residual estate”), to be used (if for the establishment of an

endowment), should the size of this bequest be sufficient, to establish an endowment, (remaining language for

all types of bequests) in support of (Department or College or other purpose) at the University of Alaska (Fairbanks,

Anchorage, southeast or leave blank to apply to the entire University system).”

Donors should always consult with their attorney when drafting wills and other legal documents, and with their

financial advisers when preparing estate plans.

Bequests are not only “painless,” since they occur after your death, but they also can result in significant estate

tax savings depending on your financial situation (see example scenario on next page). if the bequest is used to

establish an endowment, it can also provide a bit of immortality to your name and act as a perpetual reminder to

your heirs and others of your lasting support of UA.

the legacy society is one way we recognize and thank those individuals who provide for the university through

their will or estate plans. if you have already included the university in your will or estate plans, please let the

Campus Development Office know so we can thank you.

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1 9 6 2 100 shares of XyZ stock (or real estate) for $10/share.

1 9 6 3 –2 0 0 6 stock (or real estate) goes up in value, splits etc.

2 0 0 7stock (or real estate) is donated to the UA Foundation. Due to appreciation, the stock or real estate is now worth $10,000. TOTAL DONATION vALUE: $10,000

2 0 0 7A federal income tax savings of $2,800 for this gift.(28% OF THE GIFT vALUE: $10,000 x 28% = $2,800)

A federal capital gains tax savings of $1,350 for this gift, equal to 15% of gain on stock (or real estate): Original value: $1,000 Current value: $10,000 Gain $9,000

x 15% = $ 1,350

Donation amount to the university: $10,000Cost of this donation to the donor: $5,850

$10,000income tax savings: ($2,800)Capital gains tax savings: ($1,350)

TOTAL: $5,850

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through a generous gift from First national Bank Alaska (FnBA) in 2008, UAs embarked on its second year

of the Getting ready for College program, which is designed to help students from rural southeast Alaska

communities prepare for success after high school.

“this program, and the university’s partnership with First national Bank Alaska, enables us to reach out to our

small, rural schools and assist students in preparing for post-secondary education,” said UAs chancellor John Pugh.

the $20,000 annual contribution for the Getting ready for College program is a follow-up to FnBA’s three-year

College success gift, which ended in 2006.

“We believe that helping Alaskans succeed, whether in the classroom or in business, is a key to the future of our

state,” said lloyd Johnson, vice president and southeast regional manager of FnBA.

the Getting ready for College program includes several different initiatives, including one called Do the Math.

As part of this initiative, 11th grade students are given the UAs placement test to assess their current math skills,

and are encouraged to continue their math education through their senior year.

“national studies show a direct correlation between math achievement levels in high school and the likelihood

that a student will complete college,” said Joe nelson, UAs admissions director. “However, high school diploma

requirements in Alaska are not aligned with college admission standards so too many of our top high school

students land in developmental courses when they enter college.”

through another initiative, a documentary titled “Alaska College track 2” is being distributed throughout the

UA system. the documentary, produced by ktOO-tv, discusses issues such as the High school Qualifying

exam, cultural differences, and the expectations gap between high schools and college educators. in addition to

the university, the film has also been shown at national College Board conferences, and is the recipient of several

2008 state, regional and national awards.

Finally, through the Getting ready for College program, UAs also hosts student success retreats for secondary

school staff from 13 communities.

“the retreats provide much-needed opportunities for rural southeast teachers and counselors to network, take

part in professional development workshops, and reconnect with former students,” nelson said.

L L O y D j O H N S O N v I C E P R E S I D E N T A N D S O U T H E A S T R E G I O N A L M A N A G E R O F F N B A

G E T T I N G R E A D y F O R S U C C E S S

“We believe that helping alaskans succeed, whether in the classroom or in business, is a key to the future of our state.”

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In1922,candymakerWinfieldErvinfoundedFirstNationalBankAlaska(FNBA)atthecornerofFourthAvenueandGStreetin downtown Anchorage. today, FnBA is the state’s largest Alaska-owned and operated bank, with AtMs and 30 branches in 18 communities throughout Alaska.

in addition to serving the financial needs of the communities where it does business, FnBA also offers community development services that benefit Alaskans in a variety of ways. For example, FnBA and its employees support nonprofit community groups across the state. in fact, the bank contributes more than $1 million annually to a wide variety of health, youth, educational, civic and arts organizations in the state, including UA and the Getting ready for College program.

FNBA Helps Students Prepare for College

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Alaska natives constitute nearly 20 percent of the state’s population and 16 percent of UA’s student body – but

represent only three percent of the university’s faculty positions, a fact that is commonly attributed to a lack of

educational credentials.

to increase the number of Alaska native students earning doctoral degrees – and subsequently raise the number

ofAlaskaNativefaculty–theAndrewW.MellonFoundationrecentlyawardeda$700,000granttoUAFto

support students in the dissertation-writing phase of their doctoral programs.

“the need for programs like this is vital across the United states, where there is significant under-representation

of indigenous peoples on the faculties of colleges and universities, and UAF is no exception,” said Bryan Brayboy,

president’s professor of education at UAF and one of the primary grant authors. Brayboy added that eradicating

disparities like this benefits the entire state, as educational attainment is closely related to economic and political

prosperity for native peoples.

the gift, which will be supplemented by additional fundraising efforts and matching funds from UAF, will

support the Dissertation Fellowship Program for Alaska native scholars and Others Committed to the

Advancement of indigenous Alaskan History and Culture. Over the next five years, the program will fund up to

four competitive graduate fellowships, which will include a $30,000 stipend, and funds for research, travel, tuition

and fees. the grant will also support professional development opportunities, mentoring activities and salary

support for the program’s faculty members.

the first fellowship was recently awarded to Jordan lewis, a UAF student pursuing a PhD in cross-cultural

community psychology. His thesis, titled “successful Aging through the eyes of Alaska natives,” examines the

health and well-being of Alaska native elders in five Bristol Bay-area villages.

“With the different components to the fellowship – scholarship, travel and networking – the most exciting is the chance to

network and collaborate with other fellows, and receive mentoring from professors. the chance to go to a professional

conference, and get feedback on my dissertation, will also be important to get established in my field,” lewis said.

TheAndrewW.MellonFoundation,anonprofitcorporationbasedinNewYork,wasformedonJune30,1969,throughtheconsolidationoftwoexistingfoundations—theAvalonFoundation,whichwasestablishedin1940byAndrewW.Mellon’sdaughter,AilsaMellonBruce,andtheOldDominionFoundation,whichwasestablishedin1941byMellon’sson,PaulMellon.

Attheendof1969,theassetsoftheFoundationtotaled$220million.Bytheendof2007,assetstotaled$6.5billion,withannual grantmaking appropriations of approximately $286 million. the Foundation currently makes grants in six core program areas, including higher education and scholarship, scholarly communications, research in information technology, museums and art conservation, performing arts, and conservation and the environment.

A C U LT U R E O F G I v I N GMellon Foundation to Help Increase Alaska Native PhDs

“The need for programs like this is vital across the united states, where there is significant under-representation of indigenous peoples on the faculties of colleges and universities.”

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FROM LEFT TO RIGHT: jORDAN LEWIS, 2008-2009 RECIPIENT OF THE MELLON FOUNDATION SCHOLARSHIP; INTERIM CHANCELLOR BRIAN ROGERS, UAF.

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B RyA N B R Ay B O y P R E S I D E N T ’ S P R O F E S S O R O F E D U C AT I O N AT U A F

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the global community is benefiting from millions of dollars of scientific research into Alaska’s marine ecosystems,

made possible by a partnership between the Pollock Conservation Cooperative (PCC) and UAF’s school of

FisheriesandOceanSciences.Withgiftstotalingmorethan$9millionoverthepastnineyears,thePCCisoneof

the school’s largest private contributors.

Funding from the cooperative supports the Pollock Conservation Cooperative research Center (PCCrC).

Administered by the UAF school of Fisheries and Ocean sciences, the PCCrC provides funding to UA scientists

for research of north Pacific fisheries, marine mammals and coastal ecosystems, as well as for training and

education on issues important to Alaska’s fisheries.

“We believe management of fishery resources should be based on sound scientific research. UAF has a

remarkably effective program for both education and research on issues of critical importance for responsible

fishery management,” said Jan Jacobs, director of government affairs for American seafoods Company, which

is a member of the PCC. “in a world where the marine environment seems to be changing faster all the time,

accurately assessing such changes and understanding how to respond quickly is essential, not only for maintaining

a healthy environment but for a healthy industry. in this way, we can increase the likelihood that fishery resources

and the fishing community will remain sustainable for future generations.”

Most recently, the PCC awarded more than $500,000, which is being used to fund eight PCCrC projects on

topics such as Alaska’s fish species, the tagging of stellar sea lions, the Bering sea’s marine food chain, and

educational support for fisheries students. Among the researchers benefiting from the funding is Anthony Gharrett.

“the PCCrC has played a very important part in my research,” Gharrett said. “they have made it possible for us

to develop markers that can be used to track chum salmon population movements effectively and inexpensively.

their support leveraged a much larger program than we could have conducted on our own. By supporting this

and other studies, PCCrC continues to be an important advocate for conservation and sustainability of Alaska’s

marine resources. Moreover, they are underwriting the training of tomorrow’s managers.”

A N T H O N y G H A R R E T TU A F P R O F E S S O R , F I S H E R I E S G E N E T I C S A N D A Q U A C U LT U R E

the Pollock Conservation Cooperative (PCC) is a private-sector initiative, led by the Bering sea pollock catcher/processor fleet, to further improve conservation and utilization of marine resources.

PCC member companies allocate among themselves the overall quota of pollock available to the catcher/processor sector, providing theopportunitytomaximizefoodproduction,whileminimizingtheharvestofnon-targetspecies.Sinceitsinceptionin1999,thePCChas helped reduce over-capacity in the catcher/processor fleet and enabled participants to produce 50 percent more fish products on a per-pound basis.

the PCC is currently composed of seven members of the At-sea Processors Association, including Alaska Ocean seafood, American seafoods Company, Arctic storm, Glacier Fish Company, Highland light seafoods, starbound and trident seafoods.

F U N D I N G R E S E A R C H F O R T H E F U T U R EPCC Gives $9 Million for Fisheries & Conservation Research

“The Pollock conservation cooperative research center continues to be an important advocate for conservation and sustainability of alaska’s marine resources. Moreover, they are underwriting the training of tomorrow’s managers.”

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WAy S O F G I v I N Gyour gift to the UA Foundation is more than just a donation. it’s a way to help students achieve

their dreams. enable Alaskans to attain a top-quality education – right here at home. Bring relevant

academic programs to Alaska. Make the difference between a good university – and a great one.

supporting UA can provide significant financial benefits to you, as well. if you itemize on your taxes,

you may be able to claim a federal charitable tax deduction. And, if your company pays state taxes of

any kind, you may be eligible for a tax credit of up to $150,000 annually.

there are numerous ways to give to UA, and you can direct your gift anywhere you choose – to a

specific program, scholarship or UA campus. Or you can give an unrestricted gift, which allows UA

to utilize your contribution in the area of greatest need.

yOUR PFD For the first time in the state’s history, Alaskans can

contribute to Alaska’s nonprofits through the Permanent

Fund Charitable Contributions Program. Alaskans applying

online will have the opportunity to designate either a

portion or all of their dividends to nonprofits, including

the 16 campuses of the University of Alaska. if you choose

to benefit UA through the PFD program, please authorize

the state to inform the UA Foundation of your gift, so we

can appropriately acknowledge you.

C A S Hyou can make a cash gift, which includes checks and credit

card payments, to the UA Foundation. these types of gifts

may be made online, in person or through the mail.

S T O C kthe UA Foundation accepts gifts of publicly-traded stock

and, in some situations, closely held stock. this giving

option may provide significant tax advantages, so be sure

to talk with your accountant or financial adviser.

L I F E I N S U R A N C EBy naming the UA Foundation as beneficiary to your life

insurance policy, you can provide funds in the future. Or

you can donate the entire policy to the Foundation and,

in return, take a charitable deduction for the cash value of

the policy. you may also be able to deduct any premium

payments made to maintain the policy after the transfer.

R E A L P R O P E RT yGifts of real property are very beneficial to the university,

as they can be used for educational purposes or sold to

support other programs. Plus, by gifting real property, you

may be eligible for significant tax benefits. For example,

you may be able to deduct the fair market value

of the property from your federal income taxes – up to

30 percent of your adjusted gross income – and you can

spread the deduction over a five-year period. this type of

gift also frees you from property tax payments and allows

you to avoid paying capital gains tax if you sell.

P E R S O N A L P R O P E RT ythe UA Foundation can accept gifts of personal property,

including jewelry and art, if the item can be used to directly

benefit the university or if it can be converted to liquid assets.

B E Q U E S T SMaking a bequest in your will is another way to show

support of the university. A bequest is a section of a will

directing the executor of the estate to make a gift from the

donor’s assets to a particular person or institution. Bequests

may be used to provide gifts of money, real estate, stocks

or even art or jewelry. they may also be used to establish

charitable trusts. As there is specific language that must be

used when making a bequest, it is recommended you have

an attorney either draft or review the wording before the will

is signed. For examples of bequest wording, refer to page 21

or visit www.alaska.edu/foundation/ways_to_give/.

I R A R O L L O v E R Donors wishing to use irA assets to make a gift to the

UA Foundation will find something to cheer about in the

$700billionEmergencyEconomicStabilizationActof

2008. the provision, which extends through December

2009,allowsdonorsatleast70½yearsoldtotransferIRA

assets directly to the UA Foundation without having to

realize the distribution as income. the transfer may also

be used to satisfy the irA minimum annual distribution

requirement. For more information call your campus

developmentofficeorScottTaylorat(907)450-8030.

C H A R I TA B L E R E M A I N D E R T R U S TA charitable remainder trust allows you to transfer funds

or properties to the UA Foundation, which will then invest

the value of the donation. in turn, you will become a

beneficiary of regular payments for a specified time period.

C H A R I TA B L E G I F T A N N U I T I E SA charitable gift annuity enables you to make a gift to

the UA Foundation and receive fixed annual payments for

life. in addition to the annual payments, there may also

be tax benefits, including income tax deductions, tax-free

income payments and reduced capital gain taxes. talk with

your accountant to find out more about the benefits of

this type of gift.

LEARN MORE

For additional information about ways of giving, please contact the UA Foundation

or the Campus Development Office (see back cover).

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Donald richardsonWillie sakeagaknicole scottnicholas shellabargerArthur slatsshawn takakJared teesose vartanianDana Wassmannlevi Wegnertroy WilkinsonJoshua WilsonChristopher Wisdom A Ly E S k A P R I N C E W I L L I A M S O U N D C O M M U N I T y C O L L E G E S C H O L A R S H I Ptamera Ginn A Ly E S k A TA N A N A vA L L E y C A M P U S S C H O L A R S H I PJames nathaniel, Jr.rita Piercerobin sam A M C E N G I N E E R S S C H O L A R S H I Pnicholas tittle AMER ICAN IND IAN SC IENCE & ENG INEER ING SOC IETy SCHOLARSH IPsterling DeWildeelizabeth Felkertamra kornfield A M E R I C A N L E G I O N P O S T 1 1 H E AT H E R D O W D y M E M O R I A L S C H O L A R S H I PAeron Henderson A M E R I C A N S O C I E T y O F P U B L I C A D M I N I S T R AT I O N S C H O L A R S H I Psarah Foreman ANCHORAGE COMMUNITy COLLEGE STUDENT ASSOC IAT ION SCHOLARSH IPtara Corpuzvalerie truncali A N C H O R A G E D A I Ly N E W S j O U R N A L I S M AWA R D tara CorpuzMary DonaldsonJulie Jackson A N C H O R A G E P I O N E E R S H O M E N U R S I N G S C H O L A R S H I PJennifer HawboldHeather McHenryruth OlsonAmy sealman PATRICIA ANDRESEN SCHOLARSHIPGavin Baker

S A R A D E L L A R D A RT S C H O L A R S H I PJohn lagoutarisJoAnna MausJerelyn Miyashiro M I k E A R D AW S C H O L A R S H I PAlexandra ChlebowskiMarshall ezellePatrick Gearykatherine keithJorin klawitterCarly MoffatMaxim ProkudinAlexander readJennifer sandyJordan troisi A S S O C I AT E D G E N E R A L C O N T R A C T O R S S C H O L A R S H I PJacob Horazdovsky F O R B E S L . B A k E R j O U R N A L I S M S C H O L A R S H I Ptimothy edsell F R A N C E S & A L F R E D B A k E R M E M O R I A L S C H O L A R S H I Pvicki stegall D R . j O N B A k E R M E M O R I A L S C H O L A R S H I Probert Dindingersolomeia kojin k A R E N C H R I S T E N S E N B A L D W I N M E M O R I A L S C H O L A R S H I Pnastasia vaska M I C H A E L B A R I N G - G O U L D S C H O L A R S H I PBrit DelMoralMary Harriss R E P R E S E N TAT I v E R A M O N A B A R N E S S C H O L A R S H I PCharissa Hobbs G E N E Z A R E T B A R R O N MEMOR IAL SCHOLARSH IP IN PHOTOjOURNAL ISMHannah Corral D A R L A “ D O L Ly ” B A RT O N N U R S I N G S C H O L A R S H I PAmy ChristiansenJennifer Hawboldrachel kincaidsharon liskakimberly MartinezGaojua yang L AW R E N C E B Ay E R B U S I N E S S A D M I N I S T R AT I O N S C H O L A R S H I Perin PikeyCameron Poindexternicolette sauro

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C L A R E N C E B E R Ry F E L L O W S H I P I N M I N I N G & R E S O U R C E SPravat rai L I Z B E R Ry M E M O R I A L S C H O L A R S H I Pernest Forward P E A R L B E R Ry B O y D M U S I C S C H O L A R S H I PChristina HardmanCaitlyn HatcherAmy HorstmanApril Jailletlora Mcswain B I L L & N E L L B I G G S S C H O L A R S H I PAshley AhrensCharles Bergeronnicole CarlsonCarly CraigDavid Doyletrevor FritzAlyssia iglianeshannon kingMary kotykAbraham levyyan ni luAdrienne Marchrebekah Menze k A A R E B I R k E L A N D N O R W E G I A N U S A E x C H A N G E S C H O L A R S H I PJonas Wahlen B O L I C k F O R E I G N S T U D E N T S C H O L A R S H I PPaula DaabachAnna liljedahl Z E L L A B O S E M A N M E M O R I A L S C H O L A R S H I Pyohance Humphery R . G . & O N N I E B O U C H U M M U LT I C U LT U R A L S C H O L A R S H I PUnika nelson R . M . & k AT H E R I N E B O y D B U S I N E S S A D M I N I S T R AT I O N S C H O L A R S H I Ptara Curran D R . B E T T y B O y D - B E U & EDWIN G. BEU, jR. SCHOLARSHIPMichelle laChance-Dykman PAT B R A k k E S C H O L A R S H I PJohn roberson B R E A S T C A N C E R D E T E C T I O N C E N T E R O F A L A S k A R A D I O L O G I C T E C H N O L O G y S C H O L A R S H I P nikki Gustafsonkelsey McCormack

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DAv ID D . ADAMS MEMOR IAL SCHOLARSH IP rolan Baguyos HOWARD ADAMS MEMOR IAL SCHOLARSH IP samantha Decker Mikayla saito AFR ICAN-AMER ICAN , H ISPAN IC , AS IAN /PAC I F IC I SLANDER , INTERNAT IONAL , NAT IvE AMER ICAN (AHA INA ) / H ISPAN IC HER I TAGE SCHOLARSH IP lorena Guerrero Miltha Martinez A L A S k A A E R O S PA C E DEvELOPMENT CORPORAT ION S C H O L A R S H I P Perlita Alcaide Benjamin Briceland ruby Bullchild Jesse Crumbley Weston Davey kit Dawson trevor Gillespie Daniel Grondahl Jennifer Holland tatiana Jackson nathanael Mathis Austen Mersercav shadi Obeidi kim Pitney Matthew van Atta scott West Bjorn Wilmoth ALASkA AIR SHOW ASSOCIATION FL IGHT TRA IN ING AWARD steven Andersen Hyun Choi ryan Clarke Christopher Clemson Bethan Gilmartin tyler Goetting Desiree Mcintosh lee MinearDustin Mingothomas MondayJasen PerkinsGlenn rooseJoe seyfriedDavid shankMarie terrazasAmanda Zharoff

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stephanie WolcottGaojua yangelena ZhelaevaMartha Zink A L A S k A M I N E R S A S S O C I AT I O N S C H O L A R S H I Plyazzat khamzina ALASkA NAT IvE MEDICAL CENTER A U x I L I A Ry S C H O L A R S H I Peugene BourdonJessie Davidisabel edwardsonJoel ForbesAlice GlennCassandra JonesBrent lathamkristin PadgettChelsea royalDarlene sakeagakseth suydamAnthony WassillieDana Wassmann ALASkA NAT IvE SC IENCE & ENG INEER ING PROGRAM SCHOLARSH IPneayuk AhvakanaCrystal AlstromJessica Beechersterling DeWildestephan kowelukJames MillsDrew OlsonAnnie Weber ALASkA NAT IvE STUDENT ENG INEER ING PROGRAM SCHOLARSH IPGary BaldwinAmanda BotwayMatthew CalhounJames Hartviola stepetinMichele yatchmeneff ALASkA PRESS CLUB SCHOLARSH IPPatrick GearyMelissa smithkortnie Westfall A L A S k A S U P P O RT I N D U S T Ry A L L I A N C E S C H O L A R S H I PMarshall ezelleevan FritzPatrick Geary

ALASkA TRAPPERS ASSOCIATION’S D E A N W I L S O N S C H O L A R S H I Ptravis Booms ALASkA v IS I TORS ASSOC IAT ION / G O M A R S C H O L A R S H I Pkarissa Peter A L A S k A y U k O N P I O N E E R S M E M O R I A L S C H O L A R S H I Pnathaniel GearyAmber HallCarma Zeloof-Baker A M O S j O E A LT E R A M E R I C A N S O C I E T y O F C I v I L E N G I N E E R S , A L A S k A S E C T I O N S C H O L A R S H I POlga FedorovaPhilip Fitzgerald A Ly E S k A P I P E L I N E A L A S k A N AT I v E S C H O L A R S H I P P R O G R A Mernestine AhgeakAudrey AlstromGary Baldwinerica Carrollivan Chikigak-steadmanedward CorpJesse Crumbleyrussell DarlingJoseph DeWildeClifford Dolchok, Jr.timothy ebyCody FergusonCatherine FieldsMichael Freytagkelli Gallahornkelvin GoodeMichael HankeeJames Hartnatasha Haydenleslie Howardkelsi ivanofflynnette JacksonMichael JohnsonDavid Journeyerik JudsonCody kapotakkerilee katongannicholas kotchDaniel larkinJoseph MalutinDavid Morkkyle nashookpukCharlie O’Brienethan OjalaMelissa OkitkunGunnar OyoumickMichael Paulsen

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through the generosity of our scholarship fund donors, generations of students will continue their quest for education, enrichment and enlightenment at UA, ultimately strengthening our great state through their achievements and contributions.

D E R I C k S O N - M A S k E y T R U S T FUND S C H O L A R S H I PBambi konetski M I k E D I L L O N M E M O R I A L S C H O L A R S H I Plarry Mosley, Jr. j A C k D I S TA D M E M O R I A L S C H O L A R S H I PWilliam Pfeifer, Jr. TED DIxON MEMORIAL SCHOLARSHIPJace Bures v I O L E TA D O C T O L E R O M E M O R I A L S C H O L A R S H I Pkathleen PetersonGary Wilson k AT H Ry N E . D O y L E S C H O L A R S H I PChristine Gleasonkelly newman A L I C E E A S L E y M E M O R I A L S C H O L A R S H I Probert Dindinger G O v E R N O R W I L L I A M A . E G A N S C H O L A R S H I Pthomas Haydock H U L D A H U T T U L A E L I E F F M E M O R I A L S C H O L A R S H I PAdrian raymond C . T. E Lv E y M E M O R I A L S C H O L A R S H I Psuntrana smythGeorge Walker, v E U G E N E E vA N C O E S C H O L A R S H I Peric Merrill E x C E L L E N C E I N F O RT y- N I N T H S TAT E F E L L O W S S T U D E N T A I DS C H O L A R S H I PBrandon Amicokatherine Bringoldroberta GoraoffMichaela HernandezJoshua resnickkelsey sherwoodsara swimeleykatelyn tullius E x C E L L E N C E I N G E O G R A P H I C I N F O R M AT I O N S y S T E M S S C H O L A R S H I PMatthey Balazs E x C E L L E N C E I N M I L I TA Ry P R O G R A M S S C H O L A R S H I PCarrie BloughAmanda DiMiceliCreshendle kennedy

elizabeth kozemchakrebecca littererstephanie smithtabetha Whiteiris Williams FA I R B A N k S C H A P T E R U A F A L U M N I A S S O C I AT I O N j I M D O O G A N M E M O R I A L S C H O L A R S H I PJessica Untiet FA I R B A N k S C H A P T E R U A F A L U M N I A S S O C I AT I O N L E G A C y S C H O L A R S H I PMichael Davis FA I R B A N k S M A S O N I C L O D G E # 1 2 S C H O L A R S H I Perik largen F R A N C I E “ B U D ” FAy M E M O R I A L S C H O L A R S H I Pvicki stegall H O WA R D F E D E R & D Av I D S H AW G R A D U AT E S T U D E N T S U P P O RT F U N DMegan Murphy C A R O L F E I S T M E M O R I A L AWA R D F O R U N D E R G R A D U AT E B I O L O G ykyoko OkanoMitali Patil F E j E S M U S I C S C H O L A R S H I Peric rettererMandi Wisland F E M I N I S T S C H O L A R S H I P A N D AWA R Dsarah AikenCarla BuysAndrea ForemanCristina Gainalucinda MillerMarjan WarmileeGretchen Weiss F I F T y B E L O W C H A RT E R C H A P T E R O F T H E A M E R I C A N B U S I N E S S W O M E N ’ S A S S O C I AT I O N S C H O L A R S H I PWillow Bowen F I R S T G E N E R AT I O N S T U D E N T S U P P O RT S C H O L A R S H I Pstephanie Boyerian BrosteOlga losikMatthew nessJohn robersonAnna schoppert F L I N T H I L L S R E S O U R C E S S C H O L A R S H I Plucas Myers

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B R I T I S H P E T R O L E U M A L L I A N C E S O F L E A R N I N G A N D v I S I O N F O R UNDERREPRESENTED AMERICANS S C H O L A R S H I Peric Ballamvelen GarciaDustin smithAustin stewart B R I T I S H P E T R O L E U M / PH I LL IPS UNDERSTAND ING ALASkA’S CHO ICES SCHOLARSHIPMichelle stephenskelcie ralph B U N N E L L S C H O L A R S H I PPaul Huffordelizabeth stickelvalerie truncali C H A R L E S B U N N E L L M I N I N G S C H O L A R S H I PAaron Pelto L O yA L D . B U R k E T T M E M O R I A L S C H O L A R S H I PDavid Abellisa Gardner D Av I D & M A Ry C A R L S O N S C H O L A R S H I PJennifer Alleynatalie BeachWendy Berglarissia BillyAdonia Binkowskirobert CarpenterAmy Christiansentawnie Curtinrachael Fogalleah GillhamJennifer HawboldDorothy HinkleyOran HirschMelissa Houstonlavonna James-libertyrebecca Johnrachel kincaidruth lavrakasMary leesharon liskakimberly MartinezHeather McHenryeric MoultonMichelle WuintonCassidy robinsonBrenda schmidtBrian schneiderAmy sealmanMyriah suydamsarah taylorJonel Williamsstephanie WolcottGaojua yang

D R . H . R I C H A R D C A R L S O N SCHOLARSH IPJacqueline Mitchell Ly L E C A R L S O N W I L D L I F E M A N A G E M E N T S C H O L A R S H I PChristen Brinkmoeller D R U S k A C A R R S C H A I B L E MEMOR IAL SCHOLARSH IP IN B IOLOG ICAL SC IENCESAmy Boaro vERNA M. CARRIGAN SCHOLARSHIPJohanna evansAngela FagerstromAnastasiya FaityleAn Fennerlindsay Foremanevan FritzJoshua Galbraithkevin HolianMatthew kernAndrea kihlmireJennifer MakiAlana Marquardtrichard Matthewsnicole Menzerachelle MillerAbram OrtegaMisty Ostrowskiellen Peytonkathryn rabungAnaleece rodriquez-HollowayAriel rolfekayla WalkenfordMariah Warren G L E N N C A R R I N G T O N M E M O R I A L S C H O L A R S H I PPenny Gagericky lindDeanna strunkAnn Wilson k E N & O L G A C A R S O N M E M O R I A L S C H O L A R S H I PHannah Armstrong H E I N I E & P E G G y C A R S T E N S S C H O L A R S H I PJoseph HeimerlJason Morganrinu samuel W I L L I A M R . & H E L E N B A R R CASHEN MEMORIAL SCHOLARSHIPJennifer Phillips j O H N C H A L U P N I k H O C k E y S C H O L A R S H I PJeffrey Penner E M I C H A N C E S C H O L A R S H I P F O R A S P I R I N G A RT I S T SGeorgeAnne sprinkle

C H E N E G A C O R P O R AT I O N S C H O L A R S H I Pnicole Allumtabitha Johnsonstacy naden R O L A N D E . “ S k I P ” C H E vA L I E R M E M O R I A L S C H O L A R S H I PAlan Mitchell E D WA R D k . & A L E N E R . CHR IST IANSEN MUS IC SCHOLARSH IPDean shannon j U D I C H R I S T E N S E N - T S C H I D A M E M O R I A L R I F L E S C H O L A R S H I Ptaylor Beard W I L L I A M P. C O L E P H I A L P H A T H E TA S C H O L A R S H I PBrittany retherford C O L L E G E O F B U S I N E S S & P U B L I C P O L I C y A L A S k A P R I D E P R O G R A M S C H O L A R S H I PJesse DuntleyJacqueline Garciarobert HutchinsPang leeCharles steelesavion Williams C O L L E G E O F B U S I N E S S & P U B L I C P O L I C y S C H O L A R S H I PBridget Haleylindsey Heisermantara scudderPaul Welp C O L L E G E O F E D U C AT I O N S C H O L A R S H I P I N M E M O Ry O F C H E R Ry WA R D E Nrebekah Chung C O L L E G E O F F E L L O W S S C H O L A R S H I PJessa Joehnk C O L L E G E R O TA Ry S C H O L A R S H I Pyiwen Fanlayne lewiskelsey Meyer C O M M U N I T y & T E C H N I C A L C O L L E G E S C H O L A R S H I PMelissa Daviskaren kurtzDesiree Mcintoshshauna Moorelynnette Warren C O O k & H A U G E B E R G C PA S / T O M B A RT L E T T A C C O U N T I N G S C H O L A R S H I PGurpreet kaur

A U S T I N C O O L E y TA L E N T G R A N TAnne Marie Duffy R O N A L D F. C O S G R Av E S C H O L A R S H I PColin McGillBlake rider Q U I N T O N C O S T E L L O M E M O R I A L S C H O L A R S H I Praena rowland M A B L E H . C R AW F O R D M E M O R I A L S C H O L A R S H I PJoey Auselsummer Beaglekristen BerntsenAllison CanikFrances DashiellAndrew FrankesAndyn Gunliktabitha JohnsonJennifer Mckayroxanne Peterkasey Petersonerin PikeyAntonina stakhovskaelizabeth stickel C R E D I T U N I O N 1 S C H O L A R S H I P I N M A R k E T I N Gkathleen Ahern-karnes j A M E S R . C R O O k M E M O R I A L F E L L O W S H I PAnna Godduhnstan triebenbach C U L I N A Ry A RT S H O S P I TA L I T y S C H O L A R S H I PAmanda AspelundJason Brookekathleen GalliganJohn laytonshauna Moorekaliska russellJenna swansonAmy voss D E B E N D R A & k AT H E R I N E D A S S C H O L A R S H I P tess Caswell B O N v. & B E R N I C E D Av I S S C H O L A R S H I Prebecca George PAT R I C I A A . D Av I S M E M O R I A L S C H O L A R S H I Ptamara Wilson P I A D E N k E WA LT E R M E M O R I A L S C H O L A R S H I Pedward Bos

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A T R E A S U R E D T R A D I T I O N Donors Have 50-year History with uaF

Joe and Ann tremarello, once UA students themselves, are now supporting the success of current students. the couple, who most recently donated $100,000 to fund a scholarship in honor of Joe’s parents, have established several scholarships, including the Joseph sr. and rose r. tremarello Memorial scholarship for varsity basketball players, and the earl Maxwell Memorial scholarship for geography students.

supporting the university is a treasured tradition for the tremarellos, who have a 50-year relationship with UAF. Both earned degrees at UAF. Ann retired as registrar after 30 years. Joe is a former basketball player and women’s basketball coach. And the couple still attends nearly every home basketball game.

ANN AND jOE TREMARELLO

j U N E A U E L k S L O D G E S C H O L A R S H I P lai Hincklesterling snyder S TA C y k A I S E R M E M O R I A L S C H O L A R S H I Pethan nelson C O N N I E B . k A L I TA M E M O R I A L S C H O L A R S H I PAlexander Goese-Goble k E N A I C A M P U S S U P P O RT E x P E N D I T U R E F U N DHarrison Dever k E N A I P E N I N S U L A C O L L E G E / B R O C k E L FA M I Ly S C H O L A R S H I Ptodd Closson k E N A I P E N I N S U L A C O L L E G E RIEMANN MEMORIAL SCHOLARSHIPBrandi Henrykatarzyna Pacyna k E N N E C O T T M I N E R A L S C O M PA N y R E C R U I T I N G S C H O L A R S H I Pkeith ClarkAaron Debrahtonya lloyd k E T C H I k A N A D v I S O Ry C O U N C I L S C H O L A R S H I Pthanh nguyen k E y B A N k S C H O L A R S H I PCrystal McGill k E y B A N k S C H O L A R S H I P F O R B U S I N E S S & E C O N O M I C Sstephanie Perrystevie-kaye Pyfersterling snyder k I B R I k & B E R G E L S O N S T U D E N T S C H O L A R S H I Ptamara DenisovaMaxim Prokudin k I B R I k & B E R G E L S O N S T U D y I N R U S S I A S C H O L A R S H I Pteeka Ballaslinda remaley R O D N E y P. k I N N E y, S R . M E M O R I A L S C H O L A R S H I Pnicholas shellabarger C H R I S L . k L E I N k E S C H O L A R S H I Prhonda lanier I v E R & C O R A k N A P S TA D S C H O L A R S H I PCicely CoxCashet Garrettregina James

G A Ry k O B AyA S H I E N G I N E E R I N G S C H O L A R S H I PAverian larsenDavid MorkMaxim Prokudin k O D I A k C O L L E G E C O U N C I L S C H O L A R S H I Ptanya kitka k O D I A k C O L L E G E N AT I v E S T U D E N T S C H O L A R S H I Plisa Alexanderoffsilvia Cavanrobert W. korn R O B E RT W. k O R N S C H O L A R S H I P kimberly CollinsMckenzie HerringJohn nicholsGalen vansant A L E x A N D R A k R A U S S M E M O R I A L S C H O L A R S H I Pvivian Mork R U D y k R E j C I M E M O R I A L S C H O L A R S H I Praymund Hawley k R U A S T U D E N T S C H O L A R S H I PHarrison AlgerPeter BradleyMindy GrahamDerek Heafer F R E D A . & I N E Z M . k U B O N S C H O L A R S H I PGregory Brolinekristofferson Catabaykeith Clarkshusila DhunganaWilliam FarrellBethany FreelJames FrostMichael Golubkatherine Harriseric HillDavid kitchensAlexey kotlovenkokasper kowalewshitonya lloydMaria Medvedevashelly Meyerseth MillerJason MorganDominic OrrPatricia ParenteDustin rayWilliam robinsonkirsten schultzterry taylorUlysses twogoodGabriel Woodmansee

A R L E N E k U H N E R M E M O R I A L S C H O L A R S H I P Billeen Carlson D O v E k U L L S C H O L A R S H I PCynthia spiveykristin voss D O N A L D L A G E R L E F S C H O L A R S H I PBrittany BarkshireAverian larsen R O G E R L A N G M E M O R I A L S C H O L A R S H I PJames isturiskai Monture A U S T I N E . L AT H R O P S C H O L A R S H I PJason DahlenAdam Doten-FergusonAmanda evenMandy Haugstadshirley HessDaniel McFarlandAmanda robsontyrell searsAemon Wetmoree F R A N k L I N M . L E A C H S C H O L A R S H I Ptheodora Castillorandi kindgren R I C H A R D E . L E E S C H O L A R S H I Pkristen shake C H A R L E S W. & H O RT E N S E W. L E W I S S C H O L A R S H I Pezra strong C H A R L E S & H O RT E N S E L E W I S S C H O L A R S H I P Dana Wassmann F L O R I S L I C H T R H O D E S C H O L A R S H I PPhillip DanielMaia Matarrese R U T H L I S T E R S C H O L A R S H I PMelonie robinett L I v I N G S T O N S L O N E , I N C . SCHOLARSHIPGary Baldwin T H E O D O R E & A U D R E y L O F T U S S C H O L A R S H I PJacob kaimbacher L E O N A L O W R E y M E M O R I A L S C H O L A R S H I Pronald Brower, sr.

D Av I D L U C H I N I M E M O R I A L S C H O L A R S H I PDawn Hughes A N N E L U k E M E M O R I A L S C H O L A R S H I Pshirley AringtonCharity CurleeAmy Wolff P E T E R M A C k E I T H M E M O R I A L S C H O L A R S H I P F O R G E O L O G I C A L S C I E N C E Svalentina radicPeter rinkleff S T U A RT S . M A C k O W I A k S C H O L A R S H I Prebecca Charlie-runfolaAbel ryan M A P C O H O N O R S P R O G R A M S C H O L A R S H I PJoel Hebertkelsey sherwood j O H N F. M A R O O N E y M E M O R I A L S C H O L A R S H I Ptravis Booms B O N N I E M A RT I N M C G E E M E M O R I A L N U R S I N G S C H O L A R S H I PGaojua yang S E A M U S M AW E S C H O L A R S H I Pnatalie Beach E A R L M A x W E L L M E M O R I A L S C H O L A R S H I Ptrevor Hyatt A S T R I D E . & G O R D O N S . M C B E AT H S C H O L A R S H I PJennifer Day j . E L L S W O RT H M C C A RT H y M E M O R I A L S C H O L A R S H I Perica schooley D Av E M C C L O U D Av I AT I O N M E M O R I A L S C H O L A R S H I PBrett BohnCriag FelpelMarita tolson G E O R G E M C D A N I E L S C H O O L O F M I N E R A L E N G I N E E R I N G S C H O L A R S H I P kyle Mellenlance twitchell T E D M C H E N Ry B I O L O G y F I E L D R E S E A R C H S C H O L A R S H I PHayley laniertrixie lee

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LyDIA FOHN-HANSEN / LOLA H ILL S C H O L A R S H I PHelen Andersonlugene DrexlerCharesa Farislori GrowerJulie rahm W I L L I A M T H O M A S F O R A N S C H O L A R S H I PMaia Matarrese D Av I D F O R B E S M E M O R I A L S C H O L A R S H I PPaul tornow M I C H A E L D . F O R D M E M O R I A L S C H O L A R S H I PJeffrey lambPepper Piper F O RT R I C H A R D S O N C I v I L I A N C L U B S C H O L A R S H I Peric Brinkman P R E S T O N F O W L E R M E M O R I A L S C H O L A R S H I Plisa stowell j O H N N y & S A R A H F R A N k S C H O L A R S H I PG. Bruce James, Jr.roxanne Peter A R D E L L F R E N C H M E M O R I A L S C H O L A R S H I Peric Mathews F R I E N D S O F T H E P E R F O R M I N G A RT S S C H O L A R S H I PMichael smith G C I S C H O L A R S H I PJena BentonMelissa kahler R A L P H & M A R I E G E O R G E S C H O L A R S H I PAmy Christiansenelias Wilterding G E R S O N FA M I Ly S C H O L A R S H I PJessica Allard G H E M M C I v I L E N G I N E E R I N G S C H O L A R S H I Pryan Goentzel M A Ry G H E Z Z I N U R S I N G S C H O L A R S H I Prachel tidwell C O L I N G I L M O R E M E M O R I A L S C H O L A R S H I PJoel ForbesBritte Merculief

k Ay & P E R Ry G I N E S S C H O L A R S H I Pnicholas Pennington G L A C I E R H I G H WAy E L E C T R I C A S S O C I AT I O N S C H O L A R S H I PAlice Miller G L E N M E D E T R U S T M U S I C S C H O L A R S H I Pshawn savageauMargo thibodeau F L O y D & A N G E L I N A G O R I Av I AT I O N S C H O L A R S H I Pnatalie CreamerJamie kunkler C H A R L E S F. G O U L D S C H O L A R S H I PCory Ahnangnatoguksherri Adams PA U L & F L O R A G R E I M A N N M E M O R I A L S C H O L A R S H I PHannah Harrison j A N E G R I E S E M E M O R I A L S C H O L A R S H I PAmy Horstman M A Ry PAT H A B E R L E M E M O R I A L S C H O L A R S H I PAnna Boutwell H A C H S C I E N T I F I C F O U N D AT I O N S C H O L A R S H I Pshandra Miller j O H N & M A E H A k A L A S C H O L A R S H I Pkimberly BowerAimee FaulknerAloysa Harwoodlarsen HessJanne MaierDanielle Pettijohn T O M & N A N C y H A L L I N A N M U S I C S C H O L A R S H I PAshley FukuokaHannah Wagar PAT T y H A M I LT O N E A R Ly C H I L D H O O D D E v E L O P M E N T S C H O L A R S H I Pshani AndersonDebora Ann ForresterJulie rahm j Ay H A M M O N D M E M O R I A L S C H O L A R S H I PDaniel Zollman M U R I E L H A N N A H S C H O L A R S H I PJessica BrownJerelyn Miyashiro

H AW k C O N S U LTA N T S P R O j E C T M A N A G E M E N T S C H O L A R S H I Pkirk MedakAnson renshawlisa von Bargen T H O M A S H E A D M AT H E M AT I C A L S C I E N C E S S C H O L A R S H I Pezra strong W I L L I A M R A N D O L P H H E A R S T A L A S k A N AT I v E S C H O L A R S H I PAndrea AzanJennessy BuendiaJason Burnettkiberly Climensonsterling DeWildeGloria eyonJohn Hendersonken McCartyCharles smoke A U G I E H E I B E RT S C H O L A R S H I PMatthew Dillon j O H N H E N D E R S O N S C H O L A R S H I PAndrea Azan Jennessy BuendiaJason Burnettkiberly ClimensonGloria eyon S I D N E y H E N D E R S O N S C H O L A R S H I Psarah Aikentonya lloyd H A R R I E T H E S S S C H O L A R S H I Psamantha BaconCrystal GlassburnM. Alyssa Jeannetkathryn Mohrmann R O G E R H I C k E L S C H O L A R S H I PGary Baldwinlynnette Warren D R . A L E x H I L L S AWA R Dsamantha tannerMelinda Willmankrysta Wojnowski D O N H O D G E S M E M O R I A L G E O L O G y S C H O L A R S H I Ptristan Wagner H E N Ry W. H O L L I D Ay S C H O L A R S H I POssip Camahualiluke DedychOlga FedorovaJordan troisi D R . D O N A L D H O O D M E M O R I A L S C H O L A R S H I P F O R M A R I N E S C I E N C EMarkus Janout

D Av I D & R A C H E L H O P k I N S F E L L O W S H I PHayley lanier H O R N I N G M E M O R I A L S C H O L A R S H I PDylan Bruns H O RT O N / S A LT Z Av I AT I O N S C H O L A R S H I PBenjamin robinson R A N D y H O W E N S T E I N M E M O R I A L F I E L D R E S E A R C H S C H O L A R S H I PJessica Beecher M I k E H O y T S O C I E T y O F A M E R I C A N F O R E S T E R S S C H O L A R S H I PMatthew sprau v E L M A H U B B A R D M E M O R I A L S C H O L A R S H I PJonathan Williams C . R U S S E L L H U B E R R O T C S C H O L A R S H I P AWA R DBridgette navejar PAT R I C I A H U G H E S E A S TA U G H T E A C H I N G S C H O L A R S H I PAvery GrossardtMatilda kazimirowiczAidee rodriquezrochelle WonholaAuguste stiehr W I L L I A M R . H U N T H I S T O Ry S C H O L A R S H I PArtem Zhdanovrobbin Garber-slaghteric Hill D O N A L D W I L L S j A C O B S S C H O L A R S H I PJennifer Day T H E R E S A j I M E N E Z M E M O R I A L S C H O L A R S H I Psarah Grover j O H N W. j O H N S O N S C H O L A R S H I PColynn isaacsonMegan richards B R I A N j O N E S M E M O R I A L S C H O L A R S H I PJohn Hendericks j U N E A U D O U G L A S H I G H S C H O O L C R I M S O N B E A R S P I R I T S C H O L A R S H I Pkyla DanielsJensyne Mason

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2006-2007SCHOLARSHIPRECIPIENTS

the late edith r. Bullock devoted her life to supporting UA and, this year, an award in her name was presented to Judith kleinfeld – another woman who has dedicated herself to the university.

Bullock, who served eight years on the UA Board of regents and four years on the Board of trustees, created the edith r. Bullock Prize for excellence, which recognizes an individual who has demonstrated excellence in support of UA. it provides a $20,000 annual cash award – the largest single award made annually by the Foundation’s Board of trustees.

the 2008 Prize for excellence was awarded to Judith kleinfeld, a UAF psychologyprofessorsince1969, co-director of UAF’s northern studies program, and director of the national Boys Project.

“she is a fearless investigator and candid commentator on many issues important to the times in which we live,” said Ann Parrish, chair of the UA Foundation Board of trustees. “the University of Alaska is lucky to have such a courageous academic in our midst.”

R E WA R D I N G D E D I C AT I O N T O U Aaward recognizes excellence in support of university

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FROM LEFT TO RIGHT: MARk HAMILTON, jUDITH kLEINFELD, MARy RUTHERFORD

Allison stadigJeanie szidloskiemily tollesonMargaret trodden S E L I N A P E R AT R O v I C H S C H O L A R S H I P F O R N AT I v E A RT Svivian kokotovichGeraldine Williams P E T R O L E U M E N G I N E E R I N G S T U D E N T S C H O L A R S H I Plyazzat khamzina H A R O L D R . P E y T O N C I v I L E N G I N E E R I N G S C H O L A R S H I Psterling DeWilde M A R I E P H I B B S C U L I N A Ry A RT S S C H O L A R S H I PZeryl Okray P H y S I C S S C H O L A R S H I PChristopher GranadeMindona krzykowski P E T E R P L AT T E N M E M O R I A L S C H O L A R S H I PArnold Marks, Jr. P O I N T L Ay M E M O R I A L S C H O L A R S H I PChastity Olemaun S A N D R A P O G A N y M E M O R I A L S C H O L A R S H I PMichael rose E D U A R D O G U S TAv O P R I E T O S C H O L A R S H I PAu nguyenMichelle steffens P R I N C E W I L L I A M S O U N D C O M M U N I T y C O L L E G E S T U D E N T S C H O L A R S H I Pester BermudezFrank Boxthomas BoxBobby BoydDebra Boylekristi Bradleyvern Bussingsherri CatledgeWanda ClarkMary DeasonArthur Delaunestephanie DubocCrystle DunningAmah essietCorrina FinnesandDonna HenryGlenna HillFrancisco HuacaDebra JacksonArlene JaskyCatherine Jones

nancy kellyMarissa leahyJun Ho leeemily livingstonAlsex MacPheresonlindsay MaloneJoseph Mastersemily McCarthykimberly McCottertammy MeierPearl Millertesh Millertommie MooneyPatty MullinsCandace Mumfordkelly nancystacey OstlundDaniel Parishkarina Pevanlori Priceemily skillbreadMonet smallAllison smithAllison squiresMichael stevensshelia Winter T O N y P R O C k I S H M E M O R I A L S C H O L A R S H I PChristopher ingham Q U A N T E R R A S C H O L A R S H I PDavid Monk E U G E N E & L O R E T TA R A F S O N S C H O L A R S H I P F O R S T U D E N T S W I T H D I S A B I L I T I E SMelissa Buchta R A S M U S O N R A R E B O O k S S C H O L A R S H I P stacey Carkhof R O B E RT L . & v I R G I N I A R . R A U S C H S C H O L A R S H I Pshirley HolmbergJordan lewis B I L L & F R A N C E S R Ay S C H O L A R S H I PDavid AbelJanelle Fritzerachael Gaedekerae JacksonAlecia lindley R E C R U I T M E N T & R E T E N T I O N O F A L A S k A N AT I v E S I N T O N U R S I N G P R O G R A M S C H O L A R S H I Plarissia Billykimberly Bowerletitia ChurchillMichelle CooperMonica Garcialeah Gillhamlynnette Jacksonrebecca John

E M M A W. M C k I N N O N S C H O L A R S H I Pstephanie Pilch PATTy MCMANAMIN SCHOLARSHIP F O R E D U C AT I O NAlexandra Chlebowski shena ChurchillDana CollinsHeather DilucchioDebora Ann ForresterCasey kingMellissa Mayseroberto MedinaBrittany richardssheng vang M E C H A N I C A L E N G I N E E R I N G S C H O L A R S H I Probbin Garben-slaghtAbram Ortega L O I S E . M E I E R A C C O U N T I N G S C H O L A R S H I Pscott ladeivan lind L O I S E . M E I E R G U I D A N C E & C O U N S E L I N G S C H O L A R S H I Pnivia Martinelizabeth Olson L O I S E . M E I E R S C H O L A R S H I Pkimberley Climenson R I C H A R D M E L L O N S C H O L A R S H I PMelissa Andresenkrystal FrancescoAleta Geerstevie-kaye Pyfershannon Udlandkirk Wilson, Jr. R A L P H M I G L I A C C I O M E M O R I A L S C H O L A R S H I PWilliam robinsonirene turletes G E O R G E & M I N é M I k A M I S C H O L A R S H I Pyuliya kermeslucas kovtynovich M I k E M I L L E R E N D O W E D S C H O L A R S H I PMelinda shaver S T E v E N M I L L E R C R E AT I v E W R I T I N G S C H O L A R S H I Pkortnie Westfall M O L Ly A N N M I S H L E R M E M O R I A L S C H O L A R S H I PDebora Ann Forrester

R O B E RT j . M I T C H E L L M E M O R I A L S C H O L A R S H I PMichael titus R O B E RT j . & M A Ry M . M I T C H E L L S C H O L A R S H I PAmanda Hartman B R I A N E . M O W R E y M E M O R I A L S C H O L A R S H I PChloe Malveaux N O R B E RT M U L L E R S C H O L A R S H I Pkurdel roberts A L L I E M U R P H y / B L A C k AWA R E N E S S S T U D E N T U N I O N S C H O L A R S H I PChloe MalveauxAlvinia Quarles A L M A j . M U R P H y S C H O L A R S H I PAbigail Moon C A R O L I N E M U S G R O v E C O O N S W R I T I N G S C H O L A R S H I Pnicole AllumChristopher low C L A U S E N A S k E H I S T O Ry S C H O L A R S H I PDavid Drexler N AT I O N A L A L L I A N C E F O R T H E M E N TA L Ly I L L O FFA I R B A N k S j O y A L B I N M E M O R I A L S C H O L A R S H I Pebony DavisJeannine PalmerAleta Geer N AT I O N A L A S S O C I AT I O N O F P R O F E S S I O N A L M O RT G A G E W O M E N , M AT- S U vA L L E y A L A S k A S C H O L A R S H I PDana Fields N AT I O N A L A S S O C I AT I O N O F S O C I A L W O R k E R S S C H O L A R S H I P Jacqueline Campbellrebecca rastallJennie schroll N AT I O N A L D E F E N S E T R A N S P O RTAT I O N S C H O L A R S H I Pnatalie CreamerJui-Fen liuJennifer Wardluke Wilmarth j O E N AvA S H O O T I N G S C H O L A R S H I PGlen Pettersson sartz

B O N I TA j . N E I L A N D S C H O L A R S H I PMelissa Deiman A . R O N A L D N E R L A N D M E M O R I A L S C H O L A R S H I PBenjamin nelson A N D R E W N E R L A N D S C H O L A R S H I PJohn Hoodkari Dammerman M I L D R E D N E R L A N D / P E O S I S T E R H O O D M E M O R I A L S C H O L A R S H I PCourtney sanborn M A U R E E N E . N O L A N - C A H I L L M E M O R I A L S C H O L A R S H I PMary kotyksteffi schreiber C y N T H I A N O RT H R O P M E M O R I A L S C H O L A R S H I Pvahur teppan N U R S I N G S T U D E N T S I N N E E D S C H O L A R S H I PMarjorie Belieu PAT R I C I A A N N O A k E S M E M O R I A L S C H O L A R S H I PAlisha Asplund j E S S I E O ’ B RyA N M C I N T O S H S C H O L A R S H I Pevan Andersonsteve Antoni, iishannon ChristensenCasey Corbinrandi kaihoinivia MartinBryant MolleAmanda Poolestephanie standleyAlida trainor j O S E P H R . O D E N M E M O R I A L S C H O L A R S H I PJennifer Carter D O N & j A N O ’ D O W D / S TAT E W I D E A D M I N I S T R AT I O N A S S E M B Ly S C H O L A R S H I PJennessy Buendiatennesse JudkinsJoe Ward D I A N E O L S E N M E M O R I A L S C H O L A R S H I Pstephen Deutsch W I L L I A M A . O ’ N E I L L & v I O L E T R . L U N D E L L O ’ N E I L L S C H O L A R S H I PJacob kalmbacher

M . P. O S WA L D S U Rv E y I N G & MAPP ING SC IENCE SCHOLARSH IPkimra Widmer A Lv I N G . O T T F I S H & W I L D L I F ES C H O L A R S H I PDavid Christiansteffi schreiber PA R A S C A S C I E N C E R E S E A R C H AWA R DAthea Alabanzassummer engler W. S C O T T PA R R I S H M E M O R I A L S C H O L A R S H I Pkeith Clark D O R O T H y PAT T I N S O N A C C O U N T I N G S C H O L A R S H I PGalya Georgieva E R N E S T N . PAT T y S C H O L A R S H I PMelissa Walker W I L L I A M PA U L S C H O L A R S H I PCameron Poindexter G R A N T P E A R S O N & S H I R L E y S U L L I vA N S C H O L A R S H I Prochelle AdamsMisty Gil-Martinez P E O S I S T E R H O O D C H A P T E R D S C H O L A R S H I PJohanna evans P E P B A N D S C H O L A R S H I PBritton Andersonkristopher Artzstephen BergstromHannah BjornstadGwendolyn Braziertess Caswellsawyer CollinsDominic kionneAshley FukuokaDaniel GaisfordAlexander Goese-GobleMegan HahnJackie HenryWilliam HerronMercedes HughesGilbert Jameson iiiJoshua JohnstonPaul knappBryce kositznolan lindtravis MajdicAllison MartinDavid MartinsonJason MoorePaul riosDaniel schubertnicklaus sorumsheila spader

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j I M S T E L M O C k M E M O R I A L S C H O L A R S H I PBenjamin kraft S T O Ry S C H O L A R S H I PMargaret edwardsPatricia young S T R I N G P L Ay E R S S C H O L A R S H I Plarissa Cochran S T U D E N T C E R A M I C A RT S G U I L D / k R I S T A N D E R S O N M E M O R I A L S C H O L A R S H I Pernest Forward S T U R G U L E W S k I FA M I Ly S C H O L A R S H I PCarolyn HolmesJohn lagoutaris D O R O T H y S U G G / R O TA Ry S C H O L A R S H I PMegan emerson A G N E S S . S U N N E L L S C H O L A R S H I Pnastasia vaska k E N S WA N S O N M E M O R I A L S C H O L A R S H I PJoshua Holbrook G E R A L D S W I S H E R S C H O L A R S H I Pspencer Giles S y R I L’ S R I S I N G S TA R S C H O L A R S H I PAleta Alstrom T 5 S S C H O L A R S H I PMegan emerson B E N j A M I N & v I R G I N I A TA L L E y S C H O L A R S H I PBilleen CarlsonAmy Christiansen TA N A N A vA L L E y C A M P U S C U L I N A Ry A RT S S C H O L A R S H I PJoanne BeckBonnie CarrollMary HoltonDeloris JohnsonChristopher JordanGraciela krummZeryl OkrayJessica Olsenvictoria PachecoAria shilanski

D O N A L D R . T H E O P H I L U S F U N D F O R S C H O L A R SJennifer Chambers

M A RT y T H I E S M E M O R I A L S C H O L A R S H I Plavern Huntington L O W E L L T H O M A S , j R . S C H O L A R S H I PJennifer AddisonGretchen Garcia R E x T H O M A S M E M O R I A L AWA R DMicah Miller M A R I A N & W. F. T H O M P S O N M E M O R I A L S C H O L A R S H I PCary Curleelaureli kinneen G R Ay S . & L O L A C . T I L Ly S C H O L A R S H I PJohn AshcraftAmanda Babcockleslie DrumhillerJoseph Horton T O G I A k v I L L A G E S C H O L A R S H I PBradley Atakitlig M A R k A . T O M L I N S O N S P I k E C L U B S C H O L A R S H I PJessica Hill T O P C O N S U Rv E y S C H O L A R S H I Pkimra Widmer T O T E M O C E A N T R A I L E R E x P R E S S S C H O L A R S H I Pnelson Carpluk A A R O N H O WA R D T O W N S E N D C I v I L E N G I N E E R I N G M E M O R I A L S C H O L A R S H I Pelliot Wilson j O S E P H T R E M A R E L L O , S R . M E M O R I A L S C H O L A R S H I Psarah Herrin B R A D F O R D T U C k S C H O L A R S H I PMichelle steffens k E N T U R N E R M E M O R I A L F E L L O W S H I PMaryann Bozzakelly newman T U x E D O j U N C T I O N S C H O L A R S H I PAnne Dalmadgeemily Hawkernicole Jensenlaura lemirelaura MikoDustin raymond

U A G E N E R A L S C H O L A R S H I Pstephanie BoyerHanah CarsonAmanda elberttammy enochMary FlemisterMary klevennick Morrilllucas MullenAndrew Wilkinson U A A A C C O U N T I N G C L U B S C H O L A R S H I Ptamara DenisovaMary Bridget Haley U A A A L U M N I S C H O L A R S H I Psarah Aikeneric Brinkmanrobert Dindingerlindsey MooreJennie schrollMichelle steffens U A A G E N E R A L S C H O L A R S H I PGary Baldwinelizabeth Garza-Cottonlindsay HallPhillip Heamrebecca lupienicholas Morrillkendall nielsenBenjamin robinsonkeren Wright U A F A L U M N I A S S O C I AT I O N S C H O L A R S H I Pkimberly streeterJessica Untiet U A F C H A N C E L L O R ’ S U N D E R G R A D U AT E R E S E A R C H S C H O L A R S H I Pvelva Combsstephani evanAleria knudson U A F G E N E R A L S C H O L A R S H I PGavin BryantChristie CarloJessica Davisnicole GregoryFrederick Huntington, Jr.Matthew kesslerChristopher kriskaAlexander lauirtzenAnthony Machsarah MeitliBryan Mollescott MountainCourtney sanborneva stephanilance twitchellMargi Walkersigourney Walkeryiming Wang

U A F M E M O R I A L S C H O L A R S H I P Matthew Balazs U A S A L U M N I S C H O L A R S H I Ptheodora CastilloAbraham levystephanie PerryMichael rogers U A S A L U M N I A S S O C I AT I O N k E T C H I k A N C H A P T E R S C H O L A R S H I PDawn schlosser U A S G E N E R A L S C H O L A R S H I P Mckenzie Dombirer U A S v O - T E C H S C H O L A R S H I Pkyle MessingChristian Parker U M I A L I k S C H O L A R S H I PDudley BabbGary BaldwinMuriel BrowerAaron CarrollMicaela CroteauMelanie Dela rosaMadeline GallahomChristine Gamerlorena GuerreroBridget HaleyMolly laneChristopher loganAlfonso Martinez, Jr.Heather MckeeDerrick Mellsvalerie nelsonMelissa O’BryanDrew OlsonCarl PetersonCassandra rascokirmanie ravariereBrittany richardssteffi schreibernicole searsMarilyn smithMohammad soltanistephanie WargiAnnie WeberDana White U S I B E L L I H O N O R S S C H O L A R S H I PMariah Actonnicole AllumJohn Ashcraftleslie DrumhillerMichael FarrellAshley FukuokaChristopher GranadeHannah HarrisonBronwyn Harrodellen HatchBryce kositz

Chelsea JohnsonAaron PetersAnnie Peterson-lewisMichelle Quintonrebecca smithMyriah suydamerica tibbitsArlene vanderpoolMichelle Wilson R E G E N T S ’ S C H O L A R S H I Psummer Beaglesolomeia kojinOlga losiklucinda Macneal C L A R E N C E j . R H O D E S C H O L A R S H I PJonathon richar A . D . “AL” & MAxINE ROBERTSON M E M O R I A L S C H O L A R S H I PJennessy BuenidaJessica Davis E . T H O M A S & R Ay E A N N R O B I N S O N S C H O L A R S H I PCrystal McGill j A C k & M A RT H A R O D E R I C k S C H O L A R S H I Penkhtsetseg GendendorjJoAnna MausJerry roys PAT & C L I F F R O G E R S N U R S I N G S C H O L A R S H I Pnatalie Beachletitia Churchilllavonna James-libertyMary leeBrian schneider B E T T y R O S S M AT T S O N S C H O L A R S H I Psarah Behrsara CarlsonMelissa CopeDiana DrathMegan eilerslaura Gragenichol keloughkatherine MacDonaldMichelle Peschkeelise shahan R U S S I A N / C E N T R A L A S I A S T U D E N T S C H O L A R S H I PAlexey BogolepovAnya Danilovakristian klimovich j O H N R U T H E R F O R D N O y E S M E M O R I A L S C H O L A R S H I PBlue rose

S A C k I N G E R G E O L O G I C A L E N G I N E E R I N G F E L L O W S H I Ptshering PenjorePravat rai M I k E S A C L A M A N A N O RT H W E S T C A M P U S S C H O L A R S H I Pluann Ashenfelternichole CroweMargaret Gandiaviolet kingeekukBridie trainor R I C A R D O S A I N Z M E M O R I A L S C H O L A R S H I PHeidi Gray L E S L E y S A L I S B U Ry M E M O R I A L M U S I C S C H O L A R S H I PJessica Deleon C A R O Ly N S A M P S O N / U A F S TA F F C O U N C I L M E M O R I A L AWA R Dnicklas Bywater B E T T y k . S A R G E N T M E M O R I A L S C H O L A R S H I Probbin Garber-slaght S C H L U M B E R G E R E N G I N E E R I N G S C H O L A R S H I PMaria MedvedevaJoseph PatzAmy rask S C H O L A R S H I P F O R I N T E R N AT I O N A L E D U C AT I O NCourtney sanborn S C H O O L O F E N G I N E E R I N G S C H O L A R S H I Pesteban Acevedosarah AikenDudley BabbBrittany Barkshireluke DedychOlga FedorovaAverian larsenelizabeth McCauleyMaxim ProkudinBrian sister E v E L I N E S C H U S T E R M E M O R I A L AWA R DBrit DelMoral L A R Ry S H E LT E R M E M O R I A L U A F R I F L E S C H O L A R S H I Playne lewis H A Rv E y S H I E L D S F E L L O W S H I P I N A R C H A E O L O G ysarah Meitl C L A I R S H I R E y S C H O L A R S H I Psherri Criley

S I E M E N S B U I L D I N G T E C H N O L O G I E S S C H O L A R S H I Probbin Garber-slaght S I E M E N S PA C I F I C A L L I A N C E P R O G R A M M AT I C S U P P O RT S C H O L A R S H I PAlex BergeronOssip Camahualierica CarrollMae Mendenhallethan OjalaMichael PaulsenArthur slatsAustin stewart k A R A S I M O N M E M O R I A L N U R S I N G S C H O L A R S H I PJennifer AlleyAmy Christiansenrachel kincaid WA R D S I M S M E M O R I A L S C H O L A R S H I PMaureen McCombsMelissa smithkortnie Westfall S I T k A C A M P U S S C H O L A R S H I Pshannon Agne S I T N A S U A k S C H O O L O F M I N E R A L E N G I N E E R I N G S C H O L A R S H I PJessica Untiet L I L L I A N S M I T H S C H O L A R S H I P F O R T E A C H I N G S T U D E N T Srebekah Chungvictoria FlintJosh PerryAshley shiellkimberly Wailes M A R I E S M I T H S C H O L A R S H I P F O R E yA k S T U D E N T SColynn isaacson P H I L I S S M I T H M E M O R I A L S C H O L A R S H I PCourtney GullyerCarrie van sloun R I C H A R D S M I T H F R E S H M A N S C H O L A R S H I PAlbert Beaver iii R I C H A R D G R E y S M I T H S C H O L A R S H I Peleanor Wirts S N O D G R A S S A G R I C U LT U R A L S C H O L A R S H I Pshelia Hansen-Guess

S O C I E T y O F A M E R I C A N F O R E S T E R S D I x O N E N T R A N C E C H A P T E R S C H O L A R S H I PMarita tolson S O C I E T y O F A M E R I C A N F O R E S T E R S / R I C H A R D W. & MARGERy T INDALL SCHOLARSHIPellen Hatch S O U R D O U G H R E U N I O N M E M O R I A L S C H O L A R S H I PJennifer Bennettsolomeia kojinJennifer Maki A . D O R I S S O U T H A L L N U R S I N G S C H O L A R S H I PAaron smith S O U T H E A S T C O N F E R E N C E S C H O L A R S H I PDollie enrightCassandra HuffmanGeorge JacksonJensyne MasonMicaela Ponceelizabeth stickel S O U T H E A S T R O U N D U P S C H O L A R S H I Pemily BennerCelina DobrydniaGrace lumba E S T E L L E j . S PAT Z U N D E R G R A D U AT E R E S E A R C H S C H O L A R S H I Peric AddisonDonald Ballardkali Bennettvanessa BergstedtAmanda ChriestBrit DelMoralAlison eshenowerMindy Grahmlisa HealowMagdalene Jacobseric MathewsJerelyn Miyashirorobin Moraleskelcie ralphrebecca robinsonrevathy smithMichelle steffens R O B E RT S P E C k M E M O R I A L S C H O L A R S H I Psarah Milne S H E R I S T E A R S E D U C AT I O N S C H O L A R S H I Prebekah Chung

in 2008, UA employees once again demonstrated their commitment to the university in a very tangible way. Duringthe2008statewideemployeefundraisingcampaign,67percentofUAstaffandfacultymadefinancialcontributionstotheuniversity–byfaroutpacingthenationalfaculty/staffgivingaverageof17percent.

“the generosity speaks volumes about the character of University of Alaska employees, and is a remarkable representation of Alaska as a whole,” said ryan Muspratt, who participated in his first statewide staff campaign as the UA Foundation Accounting student Assistant.

in addition to being a UA student employee, Muspratt is also a UAF alumnus, who graduated with a bachelor’s of business management in May 2008. During Muspratt’s college career, he was also a member of the nanooks hockey team and received several athletic scholarships that allowed him to attend classes full-time. Muspratt said those scholarships motivated him “to stick with school and hockey, get good grades and graduate debt-free.”

inspired by his own experiences, Muspratt wanted to provide the same opportunity to other UAF students and, in his senior year, he established the Dr. Cary keller scholarship Fund. the fund, named in honor of Dr. keller of sportsmedicine Fairbanks who has donated many hours of his time to helping UAF athletes, will provide scholarships to future UAF student-athletes. two $1,000 scholarships will be awarded each year.

“ryan is an excellent example of the cycle of generosity – an employee and an alumnus who has exhibited as much generosity toward his alma mater as it provided to him,” said Mary rutherford, Foundation President.

WE’RE IN! UA STATEWIDE STAFF AND ALUMNUS DEMONSTRATE THE IR COMMITMENTua employee Gives Back

LEFT TO RIGHT, RyAN MUSPRATT AND DR, CARy S. kELLERPHOTO By TAMMI WEAvER

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N E W E N D O W M E N T S E S TA B L I S H E D I N F y 0 8Alpine skiing scholarshipJames Hugh Anderson endowmentAssociated General Contractors (AGC) tvC Construction Management scholarshiprobert B. Atwood Chair of JournalismWill Bergeson Memorial scholarshipDr. Art Buswell Public service leadership Awardken and Olga Carson Memorial scholarshipAlan B. Christopherson engineering scholarshipFrederick and Carol eastaugh scholarshipexcellence in Allied HealthJan and Glenn Fredericks scholarshiptim Gail Memorial scholarshipleonard Hamilton scholarshipGeorge M. Hedla endowmentlenore and George Hedla Accounting scholarshipMathew iya Memorial scholarshipJuneau rotary scholarship endowmentMarshall l. and lois A. lind scholarshipHewitt v. lounsbury endowed scholarshipnordic ski trail Maintenance and UsageJean B. schmitt scholarshipsiemens Building technologies Bse scholarshipWomen’s volleyball scholarshipWillard “Buck” Whitaker Memorial scholarship

richard & sally Wien endowed scholarship

T O P 1 0 E N D O W M E N T SBentley Family trustC. W. snedden ChairFathauer Chair in HistoryFred A. and inez M. kubon scholarshipinternational traderasmuson economics Chairsrasmuson Fisheries endowmentrasmuson rare Booksted stevens Distinguished Professorship of Marine Policyyukon Delta Fisheries

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Micah Millershelah Moreno-JonesCortney PylantAmy raskAdrian raymondMegan richardsshalom schradersuntrana smythezra strongMatthew van Atta U S I B E L L I S C H O O L O F M I N I N G E N G I N E E R S S C H O L A R S H I PMargaret yngve U S k H S C H O L A R S H I P – U A A A L U M N I A S S O C I AT I O NDavid MorkJustin salberg U S k H G O R D O N U N W I N S C H O L A R S H I PBrendon Bruns H E L E N vA N C A M P E N j O U R N A L I S M S C H O L A R S H I PAlexandra Black j . vA N D E N T O P / T H E S U P E R I O R G R O U P, I N C . C O N S T R U C T I O N M A N A G E M E N T S C H O L A R S H I Plynnette WarrenJack Pearce j O A N & D I C k WA D L O W S C H O L A R S H I Psamantha Decker A L B E RT O . ( O L E ) WA H T O M E M O R I A L S C H O L A R S H I Pkimberly streeter B I L L WA L L E y M E M O R I A L S C H O L A R S H I Pryan long G E O R G E D . WA LT O N M E M O R I A L S C H O L A R S H I PCharles Whitmer WA R D S C O v E S C H O L A R S H I PDaniel teaske B I L L & H E L G A WAT T E R S O N S C H O L A R S H I PWilliam Mangano W I L L I A M I . WA U G A M A N M E M O R I A L S C H O L A R S H I PBridgette navejar M I N N I E W. W E L L S L I T E R A Ry C R I T I C I S M AWA R D & E N G L I S H L I T E R AT U R E S C H O L A R S H I PAmanda Babcock

W E L L S FA R G O B A N k S C H O L A R S H I PChristine Aujerosat nam khalsaMary Ann klevenshiona Melovidov W E L L S FA R G O B A N k A L A S k A S C H O L A R S H I PGurpreet kaurJosiah keller isabeau lyonsJennifer McMillanDanuelle Wooten W E L L S FA R G O C A R E E R S C H O L A R S H I Plindsey HeisemanDimitri yimga j I M W H I S E N H A N T S k I S C H O L A R S H I Pelisabeth Habermann N O E L & A D A W I E N M E M O R I A L S C H O L A R S H I Plavern Huntington A L D E N W I L L I A M S F L I G H T S C H O L A R S H I PHammond kaitlin A L I C E W I L S O N S C H O L A R S H I PClarissa ribbens W I L L I A M S . W I L S O N M E M O R I A L S C H O L A R S H I Pkeegan Birchfieldsteffi schreiber PA U L W I N G R E N M E M O R I A L v O C AT I O N A L S C H O L A R S H I PAshley Calvothanh nguyen j O A N N E W O L D S C H O L A R S H I P I N j O U R N A L I S Mlacie Grosvold G R E G W O L F G L O B A L L O G I S T I C S S C H O L A R S H I Ptamara Denisova M E L I S S A j . W O L F S C H O L A R S H I PPepper Piper W O O D N A N O O k vA R S I T y S C H O L A R S H I Pnicole Bozek

W I L L I A M & D O R O T H y j A N E W O O D TA L E N T G R A N TColt ChaseCicely CoxDorothy Freeman-Wittigleroy HughesHanna stevenson W I L L I A M O . W O O D M E M O R I A L S C H O L A R S H I PAlexis Fernandez G U y W O O D I N G S S C H O L A R S H I Plorene lynn B E B E H E L E N k N E E C E W O O D WA R D S C H O L A R S H I PJames stugart R I C H A R D k . W O O D WA R D E N D O W M E N T S C H O L A R S H I P F O R B I O L O G I C A L S C I E N C E Srebecca Charlie-runfola R A L P H y E T k A M E M O R I A L S C H O L A R S H I Psara nichols j O A N C . y O D E R M E M O R I A L N U R S I N G S C H O L A R S H I Pnatalie Beachletitia Churchilllavonna James-libertyMary leeBrian schneider y U k O N D E LTA F I S H E R I E S D E v E L O P M E N T A S S O C I AT I O N S C H O L A R S H I PMeredith AkarenAudrey Alstromisaiah Charlesroberta Charlessonta Hamiltontracy HornJennifer kameroffMarcia leopold M I L Z A H N M E M O R I A L / A L A S k A F I S H & W I L D L I F E S A F E G U A R D S C H O L A R S H I PMelanie BakkerDaniel De Bord B R I A N R . Z E L E N k A M E M O R I A L S C H O L A R S H I PJoshua PayneCarla tomsich A L B E RT A . Z U C C H I N I S C H O L A R S H I PAaron Pelto

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D O N O R B I L L O F R I G H T S

Philanthropy is based on voluntary action for the common good. it is the tradition of giving and

sharing that is primary to quality of life. to assure that philanthropy merits the respect and trust of

the general public, and that donors and prospective donors can have full confidence in not-for-profit

organizations and causes they are asked to support, we declare that all donors have these rights:

i. to be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purpose.

ii. to be informed of the identity of those serving on the organization’s governing board and to expect the board to exercise prudent judgment in its stewardship responsibilities.

iii. to have access to the organization’s most recent financial statements.

iv. to be assured their gifts will be used for the purposes for which they were given.

v. to receive appropriate acknowledgment and recognition.

vi. to be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law.

vii. to expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.

viii. to be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors.

iX. to have the opportunity for their names to be deleted from mailing lists that an organization may intend to share. (the University of Alaska Foundation does not share its mailing lists.)

X. to feel free to ask questions when making a donation, and to receive prompt, truthful and forthright answers.

the text of this statement in its entirety was developed by the American Association of Fund-raising Counsel (AAFrC), Association for Healthcare Philanthropy (AHP), Council for Advancement and support of education (CAse), and the Association of Fundraising Professionals (AFP), and adoptedinNovember1993.TheUniversityofAlaskaandtheUniversityofAlaskaFoundationsubscribetotheprinciplescontainedherein.

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University of AlAskA FOUnDAtiOn AnnUAl rePOrt

FinAnCiAl stAteMents JuNe 30, 2008 aND 2007

(WitH inDePenDent AUDitOr’s rePOrt tHereOn)

the Board of trustees University of Alaska Foundation:

We have audited the accompanying statements of financial position of the University of Alaska FoundationasofJune30,2008and2007,andtherelatedstatementsofactivitiesandcashflowsfor the years then ended. these financial statements are the responsibility of the University of Alaska Foundation’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United states of America. these standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Foundation’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

in our opinion, the financial statements referred to above present fairly, in all material respects, thefinancialpositionoftheUniversityofAlaskaFoundationatJune30,2008and2007,andthe changes in its net assets and its cash flows for the years then ended, in conformity with U.s. generally accepted accounting principles.

The2008financialstatementsincludeinvestmentsvaluedat$64.5million,(36.7%ofnetassets)whose carrying values have been estimated by management in the absence of readily determinable fair values. Management’s estimates are based on information provided by the fund managers or the general partners.

November17,2008

kPMG LLPSuite 600701 West Eighth AvenueAnchorage, Ak 99501

kPMG LLP, a U.S. limited liability partnership, is the U.S.member firm of kPMG International, a Swiss cooperative.

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Assets 2008 2007

Cash and cash equivalents $ 904,340 $ 3,592,496

interest receivable 110,020 57,509

short term investments 6,667,761 9,339,221

Contributions receivable, net 16,548,427 6,639,563

escrows receivable 154,695 189,399

inventory 77,311 77,363

Other assets 424,560 424,561

Pooled endowment funds 116,221,511 119,528,124

Other long term investments 38,171,670 29,365,174

total assets $ 179,280,295 $ 169,213,410

liABilities

Due to the University of Alaska $ 2,033,256 $ 1,920,407

Other liabilities 15,328 272

remainder trust obligations 327,737 331,739

term endowment liability 1,000,000 1,000,000

total liabilities 3,376,321 3,252,418

net Assets

Unrestricted 41,378,777 43,757,289

temporarily restricted 81,280,653 71,759,108

Permanently restricted 53,244,544 50,444,595

total net assets 175,903,974 165,960,992

total liabilities and net assets $ 179,280,295 $ 169,213,410

University of AlAskA FOUnDAtiOn

STATEMENTS OF FINANCIAL POSITIONJune 30, 2008 and 2007

THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE FINANCIAL STATEMENTS.

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revenUes, GAins AnD OtHer sUPPOrt

Contributions $ 857,258 $ 25,651,894 $ 2,622,220 $ 29,131,372 $ 4,150,193 $ 13,033,229 $ 2,850,185 $ 20,033,607

investment income 1,888,622 1,494,285 - 3,382,947 1,832,691 1,914,824 - 3,747,515

net realized and unrealized investment (losses) gains (1,796,560) (4,405,566) - (6,202,126) 4,512,365 12,670,683 - 17,183,048

Other revenues 517 97,217 - 97,734 941 124,844 - 125,785

Actuarial adjustment of remainder trust obligations - (6,067) (6,936) (13,003) - (1,500) (7,151) (8,651)

losses on disposition of other assets - (114,689) - (114,689) (25) (83,145) (98) (83,268)

Administrative assessments 1,213,775 (980,553) (18,218) 215,004 340,197 (130,951) (17,222) 192,024

support from University of Alaska 857,774 - - 857,774 830,000 - - 830,000

net assets released from restriction 12,023,093 (12,023,093) - - 11,744,234 (11,744,234) - -

total revenues, gains and other support 15,044,519 9,713,428 2,597,066 27,355,013 23,410,596 15,783,750 2,825,714 42,020,060

eXPenses AnD DistriBUtiOns

Operating expenses 1,982,543 - - 1,982,543 1,620,368 - - 1,620,368

Distributions for the benefit of the University of Alaska 15,429,488 - - 15,429,488 15,510,503 - - 15,510,503

total expenses and distributions 17,412,031 - - 17,412,031 17,130,871 - - 17,130,871

Excess (deficit) of revenues over expenses (2,367,512) 9,713,428 2,567,066 9,942,982 6,279,725 15,783,750 2,825,714 24,889,189

transfers between net asset classes (11,000) (191,833) 202,883 - 249,185 (236,830) (12,355) -

increase (decrease) in net assets (2,378,512) 9,521,545 2,799,949 9,942,982 6,528,910 15,546,920 2,813,359 24,889,189

net assets, beginning of year 43,757,289 71,759,108 50,444,595 165,960,992 37,228,379 56,212,188 47,631,236 141,071,803

net assets, end of year $ 41,378,777 $ 81,280,653 $ 53,244,544 $ 175,903,974 $ 43,757,289 $ 71,759,108 $ 50,444,595 $ 165,960,992

RESTRICTED RESTRICTED RESTRICTED RESTRICTED UNRESTRICTED TEMPORARILY PERMANENTLY 2008 UNRESTRICTED TEMPORARILY PERMANENTLY 2007


STATEMENTS OF ACTIVITIESFor the years ended June 30, 2008 and 2007


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STATEMENTS OF CASH FLOWS For the years ended June 30, 2008 and 2007

2008 2007

reCOnCiliAtiOn OF CHAnGe in net Assets tO net CAsH PrOviDeD By OPerAtinG ACtivities:

Change in net assets $ 9,942,982 $ 24,889,189

Adjustments to reconcile change in net assets

to net cash provided by operating activities:

Contributions of noncash assets (104,370) (465,577)

net realized and unrealized investment (gains) losses 6,202,126 (17,183,048)

loss on disposition of other assets 114,689 83,268

non-cash operating expenses 3,384 4,786

non-cash distributions to the University of Alaska 84,476 94,099

Contributions restricted for permanent investment (1,836,657) (2,534,490)

Actuarial adjustment of remainder trust obligations 13,004 8,651

Changes in assets and liabilities:

(increase) decrease in interest receivable (52,511) 77,737

increase in contributions receivable (10,033,503) (596,926)

Decrease in inventory 52 1,810

increase in due to the University of Alaska 112,849 285,785

increase (decrease) in other liabilities 15,056 (268)

increase in annuity payment liabilities 11,334 -

net cash provided by operating activities $ 4,472,911 $ 4,665,016

nOnCAsH investinG ACtivity

Contributions of investment assets $ 26,460 $ 355,995

2008 2007

CAsH FlOWs FrOM OPerAtinG ACtivities:

Contributions received $ 17,046,236 $ 16,436,334

investment income received 3,330,436 3,825,252

Distributions for the benefit of the University of Alaska (15,397,251) (15,234,167)

Cash paid for operating expenses (1,583,488) (1,321,274)

Other receipts 1,076,978 958,871

net cash provided by operating activities 4,472,911 4,665,016

CAsH FlOWs FrOM investinG ACtivities:

net increase in investments (9,004,088) (7,653,323)

receipts from disposition of assets 34,704 16,490

net cash used in investing activities (8,969,384) (413,502)

CAsH FlOWs FrOM FinAnCinG ACtivities:

Contributions restricted for permanent investment 1,836,657 2,534,490

investment income on charitable remainder trusts 34,358 40,634

Payment of charitable remainder trust obligations (62,698) (63,910)

net cash provided by financing activities 1,808,317 2,511,214

net increase in cash and cash equivalents (2,688,156) (460,603)

Cash and cash equivalents, beginning of year 3,592,496 4,053,099

Cash and cash equivalents, end of year $ 904,340 $ 3,592,496


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NOTES TO FINANCIAL STATEMENTS June 30, 2008 and 2007

1. OrGAniZAtiOn AnD sUMMAry OF siGniFiCAnt ACCOUntinG POliCies

OrGAniZAtiOnTheUniversityofAlaskaFoundation(foundation)wasestablishedMay30,1974tosolicitdonationsandtoholdandmanagesuch assets for the exclusive benefit of the University of Alaska. the foundation is a tax-exempt organization under section 501(c)(3) of the internal revenue Code.

in preparing the financial statements, management is required to make estimates that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the statement of financial position and revenue and expenses for the period. Actual results could differ from those estimates. the more significant accounting and reporting policies and estimates applied in the preparation of the accompanying financial statements are discussed below.

BAsis OF PresentAtiOnthese financial statements are prepared on the accrual basis of accounting and focus on the foundation’s resources and activities as a whole. net assets and revenues, expenses, distributions, gains and losses are classified based on the existence or absence of donor-imposed or other external restrictions. Accordingly, net assets of the foundation and changes therein are classified and reported as follows:

Unrestricted net assets - Assets, net of related liabilities, which are not subject to donor-imposed or other external restrictions.

temporarily restricted net assets - Assets, net of related liabilities, which are subject to donor-imposed or other external restrictions that may or will be met by actions of the foundation and/or the passage of time and unconditional promises to give that are due in future periods and are not permanently restricted.

Permanently restricted net assets - Assets, net of related liabilities, which are subject to donor-imposed or other external restrictions and will be held in perpetuity by the foundation.

revenues are reported as increases in unrestricted net assets, unless use of the earnings is subject to donor-imposed or other external restrictions. Gains and losses on investments and other assets and changes in liabilities are reported as increases or decreases in unrestricted net assets, unless subject to donor-imposed or other external restrictions. expirations of temporary restrictions on net assets through expenditure for the stipulated purpose or the passage of the stipulated time period are reported as reclassifications between the applicable classes of net assets. expenses and distributions are reported as decreases in unrestricted net assets.

BAsis OF ACCOUntinGthe foundation maintains its accounts in accordance with the principles and practices of fund accounting. Fund accounting is a procedure by which resources are classified for accounting purposes in accordance with activities or objectives as specified by donors, with restrictions or limitations imposed by sources outside the institution, or with directions issued by the governing board.

All investments, not held for long-term investment, with original maturities of three months or less are reported as cash and cash equivalents.

investments in fixed income and equity marketable securities are stated at fair value based on quoted market prices. investments in private partnership interests are valued using the most current information provided by the general partner. General partners typically value privately held companies at cost as adjusted based on recent arms’ length transactions. Public companies are valued using quoted market prices and exchange rates, if applicable. real estate partnerships and funds are valued based on appraisals of properties held and conducted by third-party appraisers retained by the general partner or investment manager. General partners of marketable alternatives provide values based on quoted market prices and exchange rates for publicly held securities and valuation estimates of derivative instruments. General partners of oil and gas partnerships

use third-party appraisers to value properties. valuations provided by the general partners and investment managers are evaluated by management and management believes such values are reasonable at June 30, 2008. Other investments, which consist of equity collateralized debt obligations, are stated at cost. When, in the opinion of management, there has been a permanent impairment in the asset value, the asset is written down to its fair value. income from other investments is recognized when received.

investment securities are exposed to various risks, such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such change could materially affect the amounts reported in the statement of net assets.

the Foundation’s investments include securities with contractual cash flows such as asset-backed securities, collateralized mortgage obligations and commercial mortgage-backed securities. the value, liquidity and related income of these securities are sensitive to economic conditions, including real estate value, delinquencies or defaults, or both, and may be adversely affected by shifts in the market’s perception of the issuers and changes in interest rates.

At June 30, 2008, the foundation had approximately $64.5 million in investments which were not readily marketable. these investmentsrepresent39.9%oftotalinvestmentsand36.7%ofnetassetsatJune30,2008.Theseinvestmentinstrumentsmay contain elements of both credit and market risk. such risks include, but are not limited to, limited liquidity, absence of regulatory oversight, dependence upon key individuals, and nondisclosure of portfolio composition. Because these investments are not readily marketable, their estimated value is subject to uncertainty and therefore may differ from the value that would have been used had a ready market for such investments existed. such difference could be material.

InSeptember2006,theFASBreleasedStatementofFinancialAccountingStandardsNo.157(FAS157)“FairValueMeasurements.”FAS157establishesanauthoritativedefinitionoffairvalue,setsoutaframeworkformeasuringfairvalue,andrequiresadditionaldisclosuresaboutfairvaluemeasurements.TheapplicationofFAS157isrequiredforfiscalyearsbeginningafterNovember15,2007.ManagementiscurrentlyevaluatingtheimpactthattheadoptionofFAS157willhaveonthefinancialstatements;however,managementdoesnotbelievetheadoptionofFAS157willhaveamaterialimpactontheamounts reported in the financial statements.

the net realized and unrealized appreciation (depreciation) in fair value of investments is reflected in the statement of activities. income and net gains on investments of endowment and similar funds are generally reported as increases in permanently restricted net assets if the terms of the respective gift require that they be added to the principal of a permanent endowment; as increases in temporarily restricted net assets if the terms of the gift impose restrictions on the use of the income; or as increases in unrestricted net assets in all other cases. losses on the investments of a donor-restricted endowment fund reduce temporarily restricted net assets to the extent that donor-imposed temporary restrictions on net appreciation of the fund have not been met before the loss occurs. Any remaining losses are classified as underwater endowment losses and reduce unrestricted net assets. subsequent gains that restore the fair value of the assets of the endowment fund to the required level are classified as increases in unrestricted net assets.

noncash assets are stated at cost basis. the carrying value of donated assets other than marketable securities represents the fair value of the asset as determined by independent appraisal or management’s estimate at the time of receipt or contribution. inventories of artworks and books for sale are stated at the lower of cost (first-in, first-out method) or market.

Contributions, including unconditional promises to give, are recognized as revenues in the period received. Conditional promises to give are not recognized until the conditions on which they depend are substantially met. Contributions of assets other than cash are recorded at their estimated fair value. Contributions expected to be received one year or more in the future are discounted at a discount rate commensurate with the risks involved. Amortization of discount is recorded as additional contribution revenue in accordance with donor-imposed restrictions, if any, on the contributions. An allowance for uncollectible contributions receivable is provided based upon management’s judgment including such factors as prior collection history, type of contribution, and nature of fund-raising activity.

Contributions received for memorials or prospective endowments that have not yet met the minimum requirements for acceptance as an endowment are accumulated in temporarily restricted accounts. the accumulated contributions are transferred to permanently restricted endowment accounts when the minimum requirements are fulfilled. if the requirements are not fulfilled, consistent with the conditions of acceptance, the contributions are expended for the purpose received.

reClAssiFiCAtiOns Certain reclassifications have been made to prior period amounts in order to conform them to current period presentation.

2008 2007 $ 693,159 $ 3,274,068 211,181 318,428 $ 904,340 $ 3,592,496

2008 2007 $ 6,666,919 $ 9,339,221 842 - $ 6,667,761 $ 9,339,221

2008 2007 $ 1,807,833 $ 5,411,864

12,153,762 1,211,528 4,551,204 215,531

18,512,849 6,838,923 (1,941,382) (198,476) (23,040) (884) $ 16,548,427 $ 6,639,563

2008 2007 $ 56,276,222 $ 54,999,438 114,187,940 130,682,689

74,218,437 64,679,787

12,811,410 12,521,293

1,776,243 3,556,498

22,433 104,245 $ 259,292,685 $ 266,543,950

2008 2007 $ 116,221,511 $ 119,528,124

143,071,174 147,015,826 $ 259,292,685 $ 266,543,950

2008 2007 $ 84,632 $ 20,662

37,175,588 28,384,792 635,050 633,320

276,400 326,400 $ 38,171,670 $ 29,365,174

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2. CAsH AnD CAsH eQUivAlentsCash and cash equivalents include the following:

items in transit, non interest bearing interest bearing funds

3. sHOrt terM investMentsshort term investments include the following:

Commonfund short term Fund Donated marketable securities

In prior years, the Short Term Fund had been classified as a cash and cash equivalent. However, $9.3 million in the Short Term Fund that

had been previously classified as a cash and cash equivalent in the June 30, 2007 financial statements, has been classified as a short-term

investment in these financial statements.

4. COntriBUtiOns reCeivABleUnconditional promises to make contributions are included in the financial statements as contributions receivable and temporarily restrictedrevenue.ContributionsreceivableatJune30,2008and2007wererecordedatthediscountedpresentvalueofthefuture cash flows using a discount rate of 5% through June 30, 2002, 2.5% from July 1, 2002 through June 30, 2005, 5% fromJuly1,2005throughJune30,2007and3%afterthatdate.Contributionsreceivableareexpectedtoberealizedinthefollowing periods:

in one year or less Between one year and five years More than five years

Discount

Allowance for uncollectible accounts

Included in contributions receivable were $11 million and $4 million at June 30, 2008 and 2007, respectively, due pursuant to a charter

agreement between certain oil companies and the State of Alaska. The agreement provides that annually, these oil companies will designate

an amount based on aggregate net Alaska liquids production after royalty and the price for West Texas Intermediate crude oil for funding

charitable organizations and causes within Alaska. The agreement specifies that 30% of this amount be given to the University of Alaska

Foundation and the remainder to general community needs.

5. esCrOWs reCeivABlethe foundation’s escrows receivable are secured by deeds of trust from land sales, payable in monthly installments including interestof7.25%to8.5%.

6. reAl PrOPertyUnder a cooperative agreement with the University of Alaska, the net proceeds from the sale of gifted real estate by the university, unless otherwise specified by the donor or the university president, will be transferred to the foundation to be managed in accordance withdonorintent.Proceedstransferredtothefoundationwere$140,546and$0fortheyearsendedJune30,2008and2007,respectively.

7.POOLEDENDOWMENTFUNDSEffectiveJuly1,1997,managementoftheuniversity’slandgranttrustfundwastransferredfromtheStateDepartmentofRevenueto the university. the foundation and the university agreed to consolidate the foundation’s pooled endowment funds and the university’s land grant trust funds into a Consolidated endowment Fund (fund) for investment purposes. the foundation’s investmentrepresents45%ofthetotalfundatJune30,2008and2007.Thefundismanagedbythefoundation’sinvestmentcommittee under the “total return” concept of investment management intended to preserve and maintain the purchasing

power of the principal. the net assets and related activity for their respective investment in the fund are reflected in the financial statements of the foundation and the university.

the fund uses a unitized system to account for each participant’s interest. Contributions to and withdrawals from the fund result in an increase or decrease in the number of units owned and are based on the unit value at the beginning of the month in which the contribution or withdrawal is made. large additions to the fund are initially invested in cash and cash equivalents and dollar-cost-averaged into the investment pool over a ten month period. investment income, fees and realized and unrealized gains and losses are distributed monthly to participating funds on a per unit basis. investment income net of fees increases the number of units outstanding, while realized and unrealized gains and losses affect the per unit value.

the Consolidated endowment Fund includes the following:

Fixed income securities equity securities Alternative investments real estate partnerships and investment trusts Other investments Other

Ownership of the net assets of the Consolidated endowment Fund is as follows:

University of Alaska Foundation University of Alaska

Investment management, custodial and consulting fees for the foundation’s pooled endowment funds totaled $198,298 and $209,063 for

the years ended June 30, 2008 and 2007, respectively. These fees have been included as reductions to investment income.

The calculation of the annual spending allowance is based on 4.5 percent of the five-year moving average of the December 31 market

values of the endowment fund, not to exceed the unexpended accumulated earnings of the fund at December 31.

8. OtHer lOnG terM investMentsOther long term investments include the following:

Cash and cash equivalents Fixed income securities equity securities real estate partnerships

Investmentcustodialandmanagementfeesforotherlongterminvestmentstotaled$55,595and$50,702fortheyearsendedJune30,2008and2007,respectively.Thesefeeshavebeenincludedasreductionstoinvestmentincome.

9.SPLITINTERESTOBLIGATIONSthe foundation has established charitable remainder trust and charitable gift annuity plans. these plans specify that donors may contribute assets to the foundation in exchange for the right to receive a fixed dollar or fixed percentage annual return. the differ-ence between the amount of the gift and the present value of the liability for future payments, determined on an actuarial basis, is recognized as a contribution at the date of the gift. the split interest obligations are revalued annually and any resulting actuarial gain or loss is recorded as a change in net assets.

2008 2007

$ 4,015,677 $ 7,425,734

14,297,109 12,298,314

16,835,327 15,984,063

(33,287) -

6,263,951 8,049,178

$ 41,378,777 $ 43,757,289

$ 40,625,015 $ 22,703,734

4,130 4,024,720

9,678,080 6,952,040

3,660,440 3,660,440

27,312,988 34,418,174

$ 81,280,653 $ 71,759,108

$ 52,761,935 $ 49,955,050

482,609 489,545

$ 53,244,544 $ 50,444,595

2008 2007

$ 487,810 $ 520,708

2,799,176 3,520,363

186,781 115,283 90,318 13,946

181,614 174,821

6,996 -

17,074 -

192,079 82,883

900,093 684,926

4,861,941 5,112,930

66,751 46,772

4,257,117 3,583,154

628,426 842,092

384,662 186,310

174,482 150,267

47,440 76,935

561,169 1,010,461

206,847 201,074

588,493 777,849

1,164,668 1,315,330

8,080,055 8,190,244

968,004 743,867

4,976 4,539

28,194 14,575

2,665 -

668 3,499

202,978 211,348

1,207,485 977,828

1,280,007 1,229,501

1,280,007 1,229,501

$ 15,429,488 $ 15,510,503

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10. terM enDOWMent liABilityInJuly1997thefoundationacceptedatermendowment.Earningsfromtheendowmentarerestrictedforthemaintenanceofastudent housing facility. the agreement with the donor requires the original principal of the endowment to remain inviolate until April 30, 2020 at which time the original principal and the unexpended earnings, if any, will be returned to the donor. the original principalof$1,000,000isrecordedasaliabilityatJune30,2008and2007.

11. net AssetsUnrestricted net assets consisted of the following: Available for current operations - amounts not designated by management for specific purposes or subject to donor-imposed restrictions

Designated for specific purposes - spendable earnings of quasi endowment funds and amounts designated for specific purposes by management Quasi endowments - corpus of board designated endowment funds Underwater endowment losses - investment losses on donor restricted endowment funds in excess of net appreciation

Unexpended endowment earnings - accumulated earnings in excess of designated spending limits for quasi endowment funds not subject to donor-imposed restrictions

temporarily restricted net assets consisted of the following:

restricted for specific purposes - spendable earnings of endowment funds and other non-endowment net assets subject to donor-imposed restrictions Unconditional promises to give - contributions receivable in future periods that are not subject to donor imposed restrictions Quasi endowments - corpus of funds subject to donor imposed restrictions designated by the board as endowment funds endowments - corpus of term funded endowments

Unexpended endowment earnings - accumulated earnings in excess of designated spending limits for endowment funds subject to donor-imposed restrictions

Permanently restricted net assets consisted of the following:

endowments - corpus of endowment funds required by donor to be invested in perpetuity

Charitable remainder trusts - annuity trusts and unitrusts required by donor to be invested in perpetuity

12. net Assets releAseD FrOM restriCtiOnnet assets were released from donor restrictions by incurring expenses satisfying the restricted purpose, collecting payment on uncondi-tional promises to give or by occurrence of other events specified by donors.

13. DistriBUtiOns FOr tHe BeneFit OF tHe University OF AlAskADistributionsforthebenefitoftheUniversityofAlaska,byfunctionalclassification,fortheyearsendedJune30,2008and2007 were as follows:

University of Alaska Anchorage engineering General liberal arts, human and rural development library Management/business administration Museum natural sciences, agriculture and land resources research student aid

University of Alaska Fairbanks engineering General kUAC radio and television liberal arts, human and rural development library Management/business adminsitration Museum natural sciences, agriculture and land resources research student aid

University of Alaska southeast General liberal arts, human and rural development library Management/business administration natural sciences, agriculture and land resources student aid

University of Alaska General

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14. Assets HelD in trUst By OtHersthe University of Alaska is a beneficiary of the Bentley Beneficiaries trust which is managed by an independent trustee. in accordance with University of Alaska policy, the university’s interest in this trust will accrue to the foundation. Distributions from the trust have been recorded by the foundation as unrestricted income during the period the distributions were received. Management’s estimate of fairvalueoftheuniversity’sundividedone-eighth(12.5%)interestinthetrustatJune30,2008and2007isapproximately$1.0and$2.6 million, respectively.

the foundation is a remainder beneficiary of the Metcalf Family trust which is managed by an independent trustee. Management’s estimate of fair value of the foundation’s undivided one-half (50%) interest in the trust was approximately $0.4 and $0.5 million at June 30,2008and2007,respectively.

the University of Alaska is a remainder beneficiary of the Anthony John nordale trust and the Anthony John nordale reserve trust. these trusts are managed by an independent trustee. in accordance with University of Alaska policy, the university’s interest in these trusts will accrue to the foundation. Management’s estimate of fair value of the university’s undivided one-half (50%) interest intheAnthonyJohnNordaleTrustatJune30,2008and2007isapproximately$0.3and$0.4million,respectively.Management’sestimate of fair value of the university’s undivided one-half (50%) interest in the Anthony John nordale reserve trust at June 30, 2008 and2007isapproximately$1.0millionand$1.1million,respectively.

15. ADMinistrAtive AssessMentsBeginning July 1, 2006, the foundation charges assessments to cover administrative and fundraising expenses as follows.

Gifts – All cash gifts are assessed 1% of the gift value at the time of the gift. noncash gifts are assessed 1% at the time of conversion to cash by the foundation, based on the proceeds received.

endowments – 1% is assessed by the foundation annually based on the asset valuation at the end of the previous calendar year.

land Grant trust Fund Assets - .16% is assessed by the foundation annually based on the asset valuation of the university’s land grant trust fund assets invested by the foundation as of the end of the previous calendar year.

16. relAteD PArty trAnsACtiOnsTheUniversityofAlaskaprovidedpaymenttothefoundationintheamountof$0.9millionand$0.8millionforinstitutionalsupportduringtheyearsendedJune30,2008and2007respectively.Theuniversityalsoprovidesadministrativeandaccountingsupportforthefoundation.Inanefforttobecomemoreself-sufficient,thefoundationreimbursedtheuniversity$1.9and$1.6millionfortheseservicesfortheyearsendedJune30,2008and2007,respectively.Thesereimbursementsareincludedinthestatements of activities as operating expenses.

17.SUBSEqUENTEVENTSEffectiveSeptember29,2008,WachoviaBank,N.A.,asTrusteeoftheCommonFundforShortTermInvestments(the“Shortterm Fund”) announced its decision to terminate and liquidate the short term Fund. no additional contributions to the short term Fund will be accepted. Under the liquidation plan, investors in the short term Fund will be allowed to withdraw balances based on their proportional interest in the short term Fund as assets mature or are sold.

TheFoundation’sbalanceintheShortTermFundwas$10.6and$10.4millionasofJune30,2008andOctober29,2008,respectively.AsofOctober29,2008,approximately14percentofShortTermFundassetswereavailableforwithdrawal. the value of the liquidation proceeds received by the foundation is not expected to vary significantly from the fair value carried on the fund’s books based on the current net asset value of the short term Fund. However, the realization of this value will depend upon market conditions including the liquidity of the short term Fund’s assets during the liquidation period.

subsequent to June 30, the fair value of the Foundation’s investments had declined due to deterioration in market conditions. Further deterioration in the markets could more likely than not result in further declines.

University of AlAskA FOUnDAtiOn AnnUAl rePOrtFiscal year: July 1, 2007 – JuNe 30, 2008

University of Alaska Foundation Fairbanks

910 yukon Drive, suite 206

P.O. Box 755080

Fairbanks, Ak 99775-5080

Phone: 907.450.8030

Fax: 907.450.8031

Anchorage1815 Bragaw, suite 203

Anchorage, Ak 99516 Phone: 907.786.1111

toll Free: 888.907.4823 (within Alaska outside of Fairbanks)

e-mail: [email protected]: www.alaska.edu/foundation

UAA Development OfficePhone: 907.786.4847

UAF Development OfficePhone: 907.474.2619

UAs Development OfficePhone: 907.796.6566

the University of Alaska Foundation Annual report was printed on paper containing 10 percent post-consumer waste and is recyclable.

the University of Alaska Foundation is a public nonprofit corporation, operated as a public charity, which was established in 1974 to solicit, manage and invest donations for the exclusive benefit of the University of Alaska. the Foundation is a tax-exempt organization as described in subsection 501(c)(3) of the internal revenue Code. Donations made to the Foundation are deductible according to schedules established under income and estate tax regulations.

the Foundation is legally separate and distinct from the University of Alaska and is organized under its own Articles of incorporation and Bylaws. it is governed by its own Board of trustees, which establishes the Foundation’s investment policy, manages donated property and oversees the distribution of the Foundation’s assets to its sole beneficiary, the University of Alaska.

Documents

A RIPPLE THROUGHOUT TIMEA RIPPLE THROUGHOUT TIME As the state of Alaska turns 50, it’s a time for both reflection, and looking forward. Four decades before statehood, the University