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CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report

CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report · A former student-athlete, Jones has a passion for securing funds for intercollegiate athletics. Jones formerly was executive

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Page 1: CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report · A former student-athlete, Jones has a passion for securing funds for intercollegiate athletics. Jones formerly was executive

CLARION UNIVERSITY FOUNDATION, INC.

2015-2016 Annual Report

Page 2: CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report · A former student-athlete, Jones has a passion for securing funds for intercollegiate athletics. Jones formerly was executive

Recognizing our mission statement’s directive to provide financial and other support deemed vital to strengthen the well being of the University and the University community, we can look back on the 2015-2016 fiscal year and count our accomplishments. Specifically we:

•CompletedtheconstructionofSuitesonMain,thelargestconstructionprojectinourhistory.The Suites provide housing for 728 students in a community setting as well as offering a movietheaterandtheClarionBookstore,Denny’sDen,andStarbucksretailestablishments.

•RefinancedthetemporarybondissueforthenewsuiteswithaUSDAloanthatwillresultininterest cost savings in excess of $8 million over the next 39 years.

•Securedprivatefundsinexcessof$1.2million.•ContinuedtobuildtheFoundation’steambyrecruitingtwodevelopmentprofessionalsinthe

areas of planned giving and athletics.• IncreasedscholarshipsupporttotheUniversityby33%or$300,000overthepriorfiscalyear.Asaresult650studentsreceivedscholarshipassistance.TheFoundationalsofundsthepositionofDirectorofScholarshipsattheUniversitytoassureefficiencyintheidentificationand awarding of scholarship monies.

• InsupportoftheUniversity’scommitmenttothecommunity,madea$50,000donationtothelocalYMCAbuildingprojectmadepossiblebyamatchingprivategift.

•Continuedtoworkondefiningthestructureandprocessforembarkingonourcomprehensivecampaign where we have set a campaign goal in excess of any similar prior campaign.

•CreatedandincorporatedtheClarionCommunityFoundationwithstakeholdersfromtheFoundation,theUniversity,andthecommunity.Itsmissionistoservicetheeducational,healthandhumanservices,andcommunitydevelopmentneedsofClarionCountyandthesurrounding region.

AllofthiswouldnothavebeenpossiblewithoutthecombinedeffortsofUniversityleaders,administratorsandstaff,Foundationstaff,dedicatedvolunteersandofcourse,ourdonors.WelookforthiscollaborationtocontinueaswemoveforwardinoursupportofClarionandtheregion.

Allthebest,

JaneK.France,President

President’sMessage

Page 3: CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report · A former student-athlete, Jones has a passion for securing funds for intercollegiate athletics. Jones formerly was executive

1

ClarionUniversityFoundation,Inc.,BoardofDirectorsissuedaresolutionofappreciationforDr.ErnestC.Aharrah’s25yearsofservicetotheboard.Aharrah,ofClarion,wasappointedtotheboardfrom

1970 to 1971, and again from 1992 to June 30, 2016. Intheresolution,theboardcitesAharrah’sfaithfuland consistent participation in board and committee meetings, where he demonstrated careful preparation for all sessions, thoughtful consideration of issues and balancedjudgmentindecisionmaking.AharrahservedonthePlannedGivingCommittee

andasitschairforfiveyears;theAnnualFundCommittee;theNominatingCommittee,alsoservingasitschair;theCampaignCommittee;andastheAlumniBoardofDirectorsrepresentative.

He was a key board member andparticipantduringtheClarionUniversityFoundation,Inc.’s,greatestperiod of growth and organizational development in its history, not only in his service, but through his and his family’s financial support of and active participation in the university’s endeavors, most profoundly as a beloved, long-time faculty member and as a member of ClarionUniversityAlumniBoardofDirectorsfrom1991to 1997.In2002,AharrahwasawardedthePennsylvania

StateSystemofHigherEducationEberlyAwardforvolunteerism.AharrahgraduatedfromClarionUniversityin1949

withaBachelorofScienceinEducation,secondaryeducation.HeholdsaMasterofScienceinEducationfromPennState,aswellasMasterofScienceanddoctoraldegreesfromPitt.BeforecomingtoClarion,Aharrahtaughthigh

school.Duringhis29yearsatClarion,hespent9½yearsasademonstrationteacher,1½yearsasdirectorof alumni affairs and 18 years as a faculty member in the biology department. He conceived and directed the

Foundationexpressesappreciationfor

Aharrah’s ServiceBiologicalTravel/StudyProgramandhasdirectedthe study of numerous graduate students in the field.Aharrahandhiswife,Margaret(Behringer’49),

havealonghistoryoffinancialsupportofClarionUniversityandClarionUniversityFoundation,Inc.Inaddition to contributing to other scholarship funds, theAharrahsestablishedtheCheriAharrahReidMemorialScholarshipinmemoryoftheirdaughter.Threenewmembershavejoinedtheboard:Chris

Allison,Pittsburgh;PaulPalmer,AllisonPark;andScottShewell,Mechanicsburg.

The board cites Aharrah’s faithful and consistent participation in board and committee meetings, where he demonstrated careful preparation for all sessions, thoughtful consideration of issues and balanced judgment in decision making.

Page 4: CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report · A former student-athlete, Jones has a passion for securing funds for intercollegiate athletics. Jones formerly was executive

Jamison directs planned giving Larry Jamison has Joined CLarion University FoUndation, inC., as direCtor oF pLanned giving.

Jamison,a1987graduateofClarionUniversitywithaBSBAinmarketing,hasaprofessionalbackgroundinbanking.Mostrecently,hewasbranchmanagerforFirstUnitedNationalBankinClarion.Asanalumnus,Jamisonservedonthealumniboard,includingtwoyears

as president. He has been a member of several committees and volunteer groups,includingtheinauguralCollegeofBusinessAdvisoryBoard,alumnirepresentativeonClarionStudents’AssociationBoard,wrestling’sPinClubandtheAthleticTaskForceCommittee.“Ibelieveina‘pay-it-forward’approachtophilanthropy.Weshouldbeaware

oftheneedtomoveClarionUniversityforwardforthenextgenerationandshareourprideinouralmamaterwiththem,”hesaid.“Our‘collegeonthehill’needsusalltoshareourtime,talentandtreasuretoensureClarionwillstandstrong for generations to come.”Jamisonandhiswife,Ann,liveinSummervillewiththeirtwodaughters.

Jones leads athletics fundraising Chris Jones has Joined CLarion University FoUndation, inC., as direCtor oF deveLopment For CoLLegiate athLetiCs.

“This is an opportunity to lead a department in building and cultivating relationships,aswellassecuringfundsforourstudent-athletes,”Jonessaid.“ItplacesmeonateamofcolleagueswhoarepassionateaboutClarionathleticsand the university as a whole.”HeisespeciallyexcitedtobepartofClarionUniversity’ssesquicentennial

celebration.Aformerstudent-athlete,Joneshasapassionforsecuringfundsfor

intercollegiate athletics.Jones formerly was executive director of the athletic booster club and

coordinator of annual giving and special events for Lincoln University, Jefferson City,Mo.JonesgraduatedfromNorthCarolinaCentralUniversityin2009witha bachelor’s degree in physical education and in 2013 with a master’s degree in athletic administration.Heandhiswife,Cassandra,liveinClarion.

teaM Building Continues

2

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Duringthe2015-16academicyear,theClarionareabenefitedfromthreeClarionUniversitystudents’service, which nourished bodies, nourished minds and fortified the relationship between the university and its nearby communities.

Thestudents–OliviaChuzieofGroveCity,aseniorspeechpathologymajor,CamronKirklandofClarion,aseniorsecondaryeducation/mathematicsmajor,andLydiaWhislerofNorthEast,agraduatestudentinspeech pathology – were recipients of the Civic Engagement Scholarship, which Al (’74) and Jan Lander initiated in 2011.

“Intheworldinwhichwelive,themostvaluableresourceisthehumanresource,”Landersaid.“Theonly thing that distinguishes one company from another is the people. That’s also true of communities and universities.WhatIseeisawealthoftalentattheuniversityandawealthoftalentinthecommunity.Ifwecanbringthosetogether,Iseeasynergyinwhichthewholewillbegreaterthanthesumoftheparts.”

Last year, that synergy resulted in:

• AstrongerrelationshipbetweentheuniversityandRimersburgSeniorCenter(Chuzie)

• NewpartnershipsbetweentheClarionCommunityLearningWorkshopandareaschools(Kirkland)

• Foodandfinancialassistancetolow-incomeresidents(Whisler)

The scholarship is based on need, and applicants must submit a plan for the type of civic involvement onwhichtheyplantofocus.ItcanbeforanyagencyinClarionCounty.Thecommunityserviceistobeperformed within the academic year covered by the scholarship. The award covers tuition and fees for a full academic year.

“WhatIsee,especiallyinthebusinesscommunity,isinvestingofmoneyandresources.Investmentsaremanagedandsupervisedtoearnarateofreturn,”Landersaid.“Ifwe’relookingatinvestinginstudents,wearelookingatnotjustspendingmoney,wearelookingatapositiveoutcome,arateofreturn.Ifwelookatit in that respect, and if we develop the program in that respect, we’ll have far greater results than if we’re justlookingatgivingmoneytostudentswhocan’totherwiseaffordtogotocollege.”

The return on investment reaches further for the student than the financial reward and further for the community than the tangible work that is accomplished.

investMent in PeoPle

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GrowinG more, GivinG more

ClarionUniversityFoundation,Inc.,committedlast year to funding, for a five-year time period, auniversityofficeandfull-timeprofessionalposition of director of scholarships. The change is to better coordinate the awarding of scholarships to better meet the changing needs of students.

The director’s position began in July 2015 withthearrivalofDaveMcFarland,whosejobitis to find ways to better use scholarship dollars. His work has assisted in a 33 percent increase inFoundation-specificscholarship awards, and an overall increase in awarded scholarships from $1.9millionin2014-15to$2.3millionin2015-16.

The scholarship growth is attributed to:• Implementation of a method to

award merit scholarships that resulted in enrolling the same number of scholarship students for approximately $200,000 less in institutional dollars;

•Partnership with Raise.me to offer microscholarships, which incentivize the behaviors in high school that make students successful in college;

•Awardingof every available dollar of endowed scholarships appropriately to students;

• Improvement the university’s scholarship webpage to include external scholarships for which students who do not receive merit or endowed scholarships can apply;

•EngagementwithWhiteboardCommunicationstohelpdevelopbetterfinancial aid leveraging strategies.

ChuziEAtRimersburgSeniorCenter,Chuziewasabridge

between the center and the university, facilitating program development by creating a list of university contacts who can give presentations to the seniors.

“The senior community gained knowledge of how availabletothemtheuniversityis,”Chuziesaid.

She helped pack meals for shut-ins and learned more about the seniors who use the facility.

“Manyofthepeoplesaidtheygotheretobuildfriendships and so they don’t have to be alone,” Chuziesaid.

Chuziesaidcommunityservicehasalwaysbeenapartofherlife.Inadditiontothesatisfactionofhelping others, she said she learned leadership and timemanagementbyjugglingherschoolworkandher community service.

KiRKLANdKirkland was looking for ways to get involved

with the community when he learned about the CommunityLearningWorkshop.

“Ilovewhatthey’redoingthere,”Kirklandsaid.“They really care about the students who come in the door. They want to provide one-on-one tutoring, and they want to bring kids together from different ethnic and socioeconomic backgrounds.”

Kirkland was one of the main math tutors, putting toworktheskillslearnedinhismajor.Beyondthat,he recruited other volunteers, ran the workshop’s online presence and went into area schools to learn how to work with them for the students’ benefit, whichexpandedhisprofessionalexperience.Inhistime at the workshop, the number of students using the facility doubled.

WhiSLeRWhislersplithertimebetweenClarionCounty

ChamberofCommerce,wheresheworkedintheFoodstockprogram,andCharitableDeedsinKnox.There,shehelpedwithofficework,includingsecuringpledges to help low-income people pay utility bills and keeping the organization’s paperwork in order. She helped with the bi-monthly spaghetti dinner, whichhelpstofundCharitableDeeds’programs.

“IknewIwantedtoworkwithhungerandpoverty,”Whislersaid.“Somanypeopleassumethatif you are in need of assistance, you’re lazy. These are hard-working people who had one bad thing happen thatthrewthemoff.Manycurrentvolunteersarepeoplewhoformerlyreceivedhelp.Now,theywantto pay it forward.”

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University ClUb: $5,000 or more

AnonymousMs.JaneK.France’71andMr.ChristianL.AllisonDr.FloydBarger’58Mrs.MilissaA.(Steiner)Bauer’84andMr.ToddBauerKennethW.BeelsCharitableTrustMr.JohnBoyleMr.H.EugeneBurnsandMrs.SusanneA.BurnsMr.JohnV.Calipari’82andMrs.EllenCalipariMr.MichaelG.Casciato’81TheCommodoreCorporationMr.MarkR.Demich’79andMrs.DeborahH.LPMDemichMr.JeffreyS.Edwards’84andMrs.BethEdwardsFarmersNationalBankofEmlentonFirstUnitedNationalBankFootballAlumniCommitteeMr.JeffreyG.Golias’83Mrs.BeverlyR.(Reese)Greenwell’59EstateofMarthaM.(Mohney)Halverson’47Mr.MichaelH.Hinderliter’71andMrs.KayM.HinderliterIndustrialScientificFoundation-Mr.KentD.McElhattan andMrs.MarthaMcElhattanCharlesE/VirginiaKaufmanFundofThePittsburghFoundationMr.MichaelR.KeeferandMrs.CathyR.(Rhodes)Keefer’93Mr.ScottKroh’74andMrs.PamelaJ.KrohDr.ScottKuehnandDr.MyrnaKuehnMr.AlfredH.Lander’74andMrs.JanetLanderMr.CharlesP.Leach,Jr.andMrs.SonjaLeachMr.RobertH.Leeper’72Dr.GlennR.McElhattan’56and Mrs.MaryF.(Master)McElhattan’72Dr.RonaldNowaczykandMs.MaureenLavanMr.DavidD.Osikowicz’73and Mrs.DeborahJ.(Johnson)Osikowicz’73Mr.PaulD.Palmer’61andMrs.PaulaJ.PalmerParkInnbyRadissonMr.FrankA.Pici’77RicohUSA,Inc.Mr.GordonRiceandMrs.DorothyRiceMr.VincentV.Sands’78andMrs.TheresaA.(Renz)Sands’79Mr.AlexanderV.Sandusky’54andMrs.MarySanduskyS&TBankSaintVincentCollegeScottElectricFoundation,Inc.Ms.JeanneE.SessionsDr.KeithM.Sharrow,Ph.D.’98andDr.BrendaGehrkeEstateofGlennSitzmanMr.HenrySuhr,Jr.andMrs.BeverlySuhr

DonorsMrs.CarolA.(Neuberger)Truscott’79andMr.JohnTruscottDr.KarenWhitneyandDr.PeggyAppleMr.KeithWoolamandMrs.JenniferWoolam

Presidents ClUb - $2,500-$4,999

EstateofFrankW.Badger’50Mr.RoyJ.Bowerman,Jr.’73Mr.PeteP.Caristo’55Mrs.BettyM.(McCutcheon)Chan’74Dr.BrendaDedeEagleParkAssociatesLP.–Mr.JayP.Kumar’82Mr.DouglasS.Elliott’76andMrs.HollyElliottFullingtonTrailwaysLLCMrs.P.J.(Magaro)Hilbert’77andMr.GaryHilbertSamuelJustusCharitableTrustMs.DeborahL.KuhnCharlesP.LeachAgency,Inc.–Mr.CharlesP.Leach,Jr. andMrs.SonjaLeach;Mr.EdwardF.Goth’85 andMrs.LisaA.(Leach)Goth’85ColegroveEducationalTrustMr.FrankLignelli,Jr.’50andMrs.JoyceR.(Simpson)Lignelli’48Mr.JohnMarinich’75andMrs.PatriciaS.(Semonich)Marinich’75McDonald’s–Mr.GenePuskashMeadvilleWomensClubPennsylvaniaStateEmployeesCreditUnionDr.JamesG.PesekandMrs.KarenWestfallPesek

* Donor passed away in the year reported.

Page 8: CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report · A former student-athlete, Jones has a passion for securing funds for intercollegiate athletics. Jones formerly was executive

6

PhillipsFamilyTrust–Mr.LouisJ.Phillips andMrs.SandraHartPhillipsDr.DianeL.ReinhardRRRRoadhouse.–KeystoneRestaurantGroupInc–Mr.RickHimesMr.MarkRiesmeyerandMrs.SherylRiesmeyerSuperSubways,Inc..–Mr.TimothyE.Murray’88 andMrs.RobinMurrayMs.PatriciaThomas’79andMr.TerryG.AldridgeUPMCNorthwestAuxiliaryMr.GreggJ.Wagner’82and Mrs.AnnemarieC.(Hackett)Wagner’82Dr.GeorgeWollaston’57andMrs.TwilaM.Wollaston’58TheZimmermanAgencyInc.–Mr.CurtisL.Zimmerman’79 andMrs.CarrieL.(Englert)ZimmermanMr.HaroldL.Zuber,Jr.’71andMrs.MaureenZuber

rising eagles ClUb - $1,000-$2,499

Mr.DavidE.Adelman’62andMrs.SueE.AdelmanAllingAgencyLLC.–Mr.WayneF.Alling’98andMrs.SherryAllingAmericanLegion-CraigE.FlemingPost66Mr.JohnR.Anderson’66and Dr.CaroleJ.(Gazibara)Anderson’66Mr.MarkS.Andrekovich’84and Mrs.MariK.(Pietila)Andrekovich’87APSCUF-ClarionChapterMr.LynnArmstrong’68Mr.JeffreyF.Azzato’85andMrs.MicheleAzzatoMr.DavidA.Bailey’65Mr.MichaelG.Baker’79

* Donor passed away in the year reported.

BNYMellonCommunityPartnershipMs.LindsayR.Banner’07Mr.GarryN.Barton’72andMrs.MargaretJ.Barton’71Mr.NormanF.Basso’76andMrs.TinaE.BassoMr.EdwardJ.Bauer’70andMrs.KathrynS.BauerDr.DipendraBhattacharyaMr.JamesBolingerandDr.KarenBolingerMr.PatrickJ.BostickandMrs.CindyBostickMs.SueA.Bowman’81Ms.CharlotteBrittoMr.RobertBubbandMrs.MarshaBubbBuncherFamilyFoundation.–Ms.BernitaBuncherMr.ScottBurnsandMrs.AngeliaM.(Cherico)Burns’87Mrs.MadelonD.Callen’65andMr.DarlCallen,Jr.Dr.RichardR.Castafero’68andMrs.GailL.CastaferoMr.LawrenceP.Cirka’73andMrs.JudyL.(Strachan)Cirka’82ClarionCountyCommunityBankMs.CassandraM.Neely’83andDr.GregoryClaryMr.ChrisColeandMrs.BarbaraColeMr.WilliamE.Corbett’61Mr.RalphT.Critten’94andMrs.CynthiaH.CrittenMr.RaymondW.Day’69andMrs.JoanneW.DayMr.LouisB.Dean,Jr.’74andMrs.BeaDeanDeltaZetaSororityMr.ToddA.DeIuliis’86Mr.RichardM.DeRiso’70andMrs.FlossieDeRisoMrs.LaVerneH.(Haubrich)Dobos’59Mr.JeffreyP.Douthett’79andMrs.TerriDouthettMr.CharlesE.DreibelbisandMrs.DianeDreibelbisDr.TimothyR.Dutrow’76and Mrs.DeborahA.(Dickson)Dutrow’77Mrs.BeverlyA.Engle’71andMr.RogerEngle

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Dr.SogaEwedemiMr.KaleR.Fithian’97Mr.TimothyP.FogartyandMrs.BridgetFogartyFraternalOrderofEagles#3807Dr.BenjaminFreedandMrs.DebFreedDr.WilliamE.Fulmer’77andMrs.Elisabeth(Sibley)Fulmer’64Mrs.ConstanceGamaluddinMr.RobertJ.Garritano’66andMrs.JoyceD.GarritanoMr.MichaelW.Gavin’78andMrs.KimberlyM.GavinGeicoPhilanthropicFoundationMrs.JohannaS.GeiderMr.AlanGeigerandMrs.SandraGeigerMr.JamesGeigerandMrs.KristenGeigerDr.LawrenceGilfordDr.RobertGirvanandMrs.CarrollGirvanMr.PatrickT.Golden’71andMrs.JoyceA.(Antolik)Golden’71Dr.RoxanneGonzalesDr.JosephP.GrunenwaldandMrs.JaniceM.GrunenwaldMr.MichaelL.Hale’76Dr.StevenC.HarrisandMrs.PatriciaHarrisDr.HaroldHartleyandMrs.CarolynHartleyMr.WilliamR.Hartman’70andMrs.IreneA.HartmanDr.JohnW.HeardMrs.KathleenA.(Anderson)Hedden’78HinckenEmighFamilyCharitableFoundation- Mr.RobertD.Emigh’74andMrs.EmilyEmighHoffmanElectric,Inc..–Mr.JustinHoffman’82Mr.CharlesA.Hunt,Jr.’73Mr.EmmanuelO.Iheukwumere’90Mr.AlbertJacksMr.LarryW.Jamison’87andMrs.AnnM.(Pokrifka)JamisonMr.JohnL.Jarzab,Jr.andMrs.CynthiaL.JarzabDr.StephenR.JohnsonMr.PaulB.Kemble,Jr.’68

Mr.JamesL.Kifer’83andMrs.BrendaKiferDr.NormaB.(Badgley)Kim’83andDr.PaulY.KimKiwanisClubofClarionMr.L.KentKretzler’73Dr.TerryLatourandMrs.LeslieLatourMr.RaymondD.Lichauer’70Mr.JohnM.Lovre’57andMrs.EvelynD.(Mezerski)Lovre’59Mr.MindeLu’89Mr.RonaldB.Lucas’82andMrs.DebraL.LucasMr.DanielF.Mahony’60Mr.RichardC.Malacarne’63 andMrs.NancyC.(Coax)Malacarne’63Mr.RodrickJ.Marquette’97Mr.CharlesC.Matsko’70 andMrs.LorettaV.(Vastadore)Matsko’71Mr.PatrickA.McDonoughandMrs.HollyMcDonoughMr.TruemanW.Mills’55andMrs.JeanL.(Weaver)Mills’59Mr.J.AlanMochnickandMrs.LaVerneMochnickMr.JamesE.Moffatt’70andMrs.MarilynD.(Pyle)Moffatt’70Dr.RonaldE.MontgomeryandMrs.JudithMontgomeryDr.TerryMorrowandMrs.PhyllisMorrowMr.EdwardM.Munn’75Mr.RalphA.Naples,Jr.’84NationwideInsuranceFoundationNewYorkLifeInsuranceCompanyMr.WayneNorris’65andMrs.JacalynNorrisNSKCorporationMrs.MarilynJ.(Follette)O’Brien’63Mr.DavidW.Ogden’74andMrs.PamelaA.M.OgdenMrs.MaryLouH.(Herbert)Pae’79Mr.VincentJ.Pascarella’62Mr.EarlR.Petrucci’64andMrs.GeorgianaPetrucci Dr.ToddJ.PfannestielandMs.AimeeD.Zellers’08PNCFinancialServicesGroup,Inc.

* Donor passed away in the year reported.

Page 10: CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report · A former student-athlete, Jones has a passion for securing funds for intercollegiate athletics. Jones formerly was executive

* Donor passed away in the year reported. For a complete list of donors giving $250 and above and the Clarion University G.O.L.D. alumni listing, visit www.clarion.edu/2015-2016donorwall

The listing of names of our contributors is subject to error, both human and computer. If there is an error, please accept our apology and bring it to our attention.

Mrs.HelenG.(Grudowski)Porter’60Dr.RandallPotterandDr.JeanneSlatteryPresbyterianWomenof2ndPresbyterianChurchMrs.DonnaT.(Tissue)Roberts’74andMr.William

Roberts RobindaleEnergyServices,Inc.–Mr.ScottKroh’74 andMrs.PamelaJ.KrohDr.KevinJ.Roth’81andMrs.CarolA.RothDr.NicoleL.RothMiller’98Mr.CharlesRuslavage*andMrs.JanRuslavageSt.MarysInsuranceAgency,Inc.–Mr.JeffreyF.Azzato’85andMrs.MicheleAzzato

Mr.RobertF.Schmidt’69SchwabCharitableFundMr.EdwardJ.Smith’65and Dr.RoxieR.(Ruhlman)Smith’67Mr.RichSnowMr.RolandB.Sparrow’71Mr.RonnieR.Standridge’79andMrs.AnneS.StandridgeMs.LorraineC.Staples,J.D.’76andMr.FrankHershkowitzMrs.MarilynL.Stempeck’83Mr.JohnM.Stoner,Jr.’75 andMrs.JaniceL.(McMinn)Stoner’75Dr.JeffreyD.Sutton’95andMrs.JenniferSuttonSwartfagerWelding,Inc.Maj.Gen.PeterJ.Talleri,USMC(Ret)’79 andMrs.DeborahL.(Lipko)Talleri’80Mr.JamesThorntonandMrs.BridgetThorntonMr.DavidD.Todd’76Mr.HarryE.TrippUnitedEvangelicalChurchVillaItaliaRistorante–Mr.SamSanfilippo*Mr.LouisJ.Weiers’89Mr.ThomasP.WenselWePayMr.KerryL.Wolbert’72Mr.TonyM.ZampognaMr.MatthewK.Zents’87Mrs.JanetL.(Steiner)Zidansek’72andMr.Anton

Zidansek Mr.CurtisL.Zimmerman’79and Mrs.CarrieL.(Englert)Zimmerman

Clarion University’s150 anniversaryFUndraising Campaign

In2017-18,ClarionUniversitywillcelebrateits150thanniversary.Plansareunderwayfora year-long celebration with an announcement ofdetailstobemadebyPresidentWhitneyearly in 2017.

“We are looking forward to a full year of events to celebrate the history and traditions of this great institution,” Whitneysaid.

Asanintegralpartofthe150thcelebration,theleadershipoftheFoundation,workingin close partnership with the university, is planning a fundraising campaign to address high priority needs of students. These include financial aid, the renovation and upgrade ofTippinGymnasiumtoservenotonlythecampus but also the region greater and, finally, the increased support of annual programmatic resources.

The campaign committee, under the leadershipofJaneFrance,hasrepresentationfromtheuniversity,includingPresidentWhitney,andboththeuniversityadvancementstaff and foundation professionals.

“The campaign committee has been meeting regularly for the last year, and we have been planning and implementing the earlystagesofthecampaign,”Francesaid.The anticipated public announcement of the campaign and its progress is scheduled for September 2017.Initialresponseshavecontinuedto

demonstrate the strong loyalty and generous support of alumni, parents and friends throughout the region and nationally. The Foundationispleasedtobeanactiveandcontinuing partner in support of the future of Courageous.Confident.Clarion. as it approaches its 150th anniversary.

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The$61millionSuitesonMainprojectwascompletedontimeandonbudgetthissummerwiththeconstructionofthenewparkinglotadjacenttoSuitesonMainSouth.Thebuildingstotalmorethan230,000squarefeetwith373suites.Spacefor728

studentsisavailable.Alongwithlivingspaceforstudents,SuitesonMainSouthhousestheClarionUniversityStore,StarbucksandDenny’sDen.SuitesonMainNorthhousesthe182-seatClarionUniversityTheater.ThesuiteswerebuiltwithSilverLeadershipinEnergyandEnvironmentDesign

standards, which encourages the use of sustainable building materials and sustainable operationsaftercompletionsuchasinstallingthegeothermalheating/coolingsystemtosave on utility costs. Financingfortheprojectwasmadepossiblebymultiplebondissuesandalong-term

loanbytheUnitedStatesDepartmentofAgriculture.

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2015-2016doNoRS/CoNtRibutioNReveNue (3,543 / $1,230,481)

FY2016SuPPoRtbYCAteGoRY(RePReSeNtediNthouSANdS)

2,404/$538,301

491/$252,255

162/$279,025

298/$143,366

188/$17,534

alumni donors

parents

Friends, Consortia

and others

Businesses andFoundations

Faculty, staff and

administration*

* CURRENT & RETIRED

4.748M

1.227K

733K

FouNdAtioNSuPPoRttoCLARioNuNiveRSitY

On average over the last 12-year period, the university has received $7.40 for every $1 invested with the Foundation.

TOTAL =$6,708,000

GRoWiNGouReNdoWMeNt eNdoWMeNtbALANCeFY05–FY16

scholarships and grants

Campus activities

and programs

operational and

support services

For2015-2016,approximately4.3%ofthetotallivingClarionUniversityalumni(2,404outof55,983)hadmadecontributionstotheFoundation.

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16

Investment by Clarion University Foundation Support

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

35,000,000

FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16

$31,224,419

$13,842,190

CoNdeNSedbALANCeSheetJuNe30,2016

assets June 30, 2016 June 30, 2015Cash, Cash Equivalents and Other Current Assets $18,021,396 $33,582,585 Investments 31,842,793 32,188,726 Other Long Term Assets 104,657,494 88,825,435 total assets $154,521,683 $154,596,746 liabilities and net assets Accounts Payable and Accrued Expenses $6,402,466 $5,215,789 Debt Outstanding 105,363,730 106,431,177 Total Liabilities 111,766,196 111,646,966 Unrestricted Net Assets 11,647,777 10,655,117 Temporarily Restricted Net Assets 12,034,407 13,963,469 Permanently Restricted Net Assets 19,073,303 18,331,194 Total Net Assets 42,755,487 42,949,780 total liabilities and net assets $154,521,683 $154,596,746

12

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13

What’sNext?

Mostinformationcontainedinanannualreport is about the year that is to be covered in an annual report. This report hasbeenlargelynodifferent.Wehavebeen very busy this last year with student and University support, the completionoftheSuites-On-Main,thecomprehensivecapitalcampaign,staffrecruitmentanddevelopment,andfinancialmanagementmatters.Aswith last year, we accomplished much, but only with the active participation of staff, administrators, and volunteers to whom we are grateful.

Butintoday’sworld,wearealwaysasking“what’snext?”ItwasevenaveryimportantdramaticlineaboutlifeanddeathfromtheTVseries,WestWing.Nothingsodramatichere,butitiswhatwelooktodohereattheFoundation,we’realwaysasking,“What’snext?”

Withthatinmind,staytunedfornextyearfororganizationalstrategicplanning, the comprehensive capital campaign, and continued staff recruitment and development. This, all to keep our mission first of serving ClarionUniversityandthecommunityinwhichwelive.Asalways,ifyouwanttobepartoftheteamthatworksforClarion,contactus,aswealwaysneedgreatpeopletohelpusreachourgoals.Donate,volunteer,serve,joinour team…

Thank you,

MichaelR.Keefer,FACHEChiefExecutiveOfficer

FroM the

Ceo

CLARIONUNIVERSITYFOUNDATION,INC.Seifert-MooneyCenterforAdvancementClarionUniversityofPennsylvania840WoodStreet,Clarion,PA16214-1232Phone:814-393-2572(TTY/TDD):814-393-1601WWW.CLARION.EDU/FOUNDATION

Become Involved

Donate, volunteer, serve, join our team...

ClarionuniversityFoundation,inc.Clarion,Pennsylvaniaboardofdirectors2015/2016

Ms.JaneFrance,PRESIDENTPittsburgh,PA

Mr.MarkR.Demich,PRESIDENT-ELECTNewYork,NY

Mr.ScottBurns,VICE-PRESIDENTClarion,PA

Mrs.CarolTruscott,SECRETARYClarion,PA

Mr.FrankA.Pici,TREASURERMalvern,PA

Dr.ErnestAharrahClarion,PA

Mr.ChristianAllisonPittsburgh,PA

Mr.LawrenceP.CirkaPlacida,FL

Mr.D.ScottKrohLatrobe,PA

Mr.AlLanderClarion,PA

Mr.CarlD.McManamySt.SimonsIsland,GA

Mr.CharlesL.MotterShippenville,PA

Mr.PaulPalmerAllisonPark,PA

Ms.G.CatherinePaloClarion,PA

Mr.ScottShewellMechanicsburg,PA

Ms.JanetZidansekPittsburgh,PA

Mr.JeffreyDouthettSpringfield,PA

Mr.HowardShreckengostNewBethlehem,PA

Dr.KarenM.WhitneyClarionUniversityPresidentEx-OfficioMember

Mr.JimGeigerClarionUniversityVice-PresidentEx-OfficioMember

Mr.MichaelR.KeeferChiefExecutiveOfficerEx-OfficioMember

Mr.MaxSmith,COO/CFO,AssistantTreasurerEx-OfficioMember

Ms.DebraA.Everett,Admin.Asst./HRCoordinator,AssistantSecretaryEx-OfficioMember

Page 16: CLARION UNIVERSITY FOUNDATION, INC. 2015-2016 Annual Report · A former student-athlete, Jones has a passion for securing funds for intercollegiate athletics. Jones formerly was executive