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FIU Foundation Annual Report 2011-2012
Citation preview
1
2011-2012 a n n ua l r e p o r t
The following pages celebrate the power of you–the power of our
family of donors to make a difference and shape the future of FIU.
Together we are building a new American university, fueled by
philanthropy and strengthened by the financial foundation that you are
helping us to create.
These stories reflect the driving force of FIU’s continued growth–the
donors who seek to enrich, inspire and transform our community through
their generosity, advocacy and Worlds Ahead vision.
t h e p o w e r o f you
Mark B. Rosenberg President
Howard R. Lipman Senior Vice President, University Advancement and President and CEO, The FIU Foundation, Inc.
.
Justo L. Pozo, CPA ‘80 Chair, The FIU Foundation, Inc. Board of Directors
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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Message from LeadershipDear FIU Family,
FIU’s opening day of classes in 1972 was fueled by a vision to build a people’s university. From one building–the Tower–in the middle of an abandoned airport field, FIU has grown to become a leading public research institution that transforms lives through education, opportunities and innovation. We can attribute this growth in part to the individuals, foundations and corporations that support FIU.
The FIU Foundation was formed by our first president, Charles Perry, in 1969. It serves to nurture relationships with donors, secure philanthropic support and steward gifts on behalf of FIU. People like you are the core of who we are and what we do. Annually, the Foundation receives more than 24,452 gifts from 18,786 individuals, corporations, parents, alumni, foundations and others–and we could not be more grateful.
Our mission is to uphold your trust by demonstrating integrity, responsibility and service excellence. We listen to what inspires you about higher education and then connect you with FIU leadership and initiatives that match your goals. We work closely with community, university and financial leaders to ensure the best management of your investments.
It is our pleasure to share highlights of another year of remarkable progress and growth made possible by your generosity. This year’s report features some of the many donors who have chosen to invest in FIU. Most importantly, the report showcases the impact these donors have made.
We thank you for helping us strengthen FIU by giving today and looking toward the future. It is through the generosity of friends and alumni like you that we will thrive as a national and global leader in higher education.
Thank you for all that you continue to do for FIU.
2011-2012 a n n ua l r e p o r t
3
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .youThe only common denominator for all of us,” said Dr. Herbert A. Wertheim, “is
time. It’s what we do with that nonrenewable
resource that defines who we are…. I love life
and I want to do as much as I can to make a
difference in this world.”
In 2009, Wertheim pledged $20 million to
name the FIU Herbert Wertheim College of
Medicine, building on his past support for
units across FIU and service as a founding
member of the FIU Board of Trustees. Dr.
Wertheim also served as chairman of the
FIU Foundation Board of Directors and led
a successful, $200 million dollar capital and
scholarship campaign. In 2011, Wertheim
fulfilled his $20 million pledge ahead of
schedule–a powerful reflection of his
commitment to community-based medical
education and the FIU mission.
“FIU has been in my heart for more than
25 years and when I look around here and
see the amazing accomplishments during
that time, I can’t help but want to continue
to contribute to this success story,” said
Wertheim, chairman and CEO of Brain Power
Inc., the world’s largest manufacturer of
optical instruments and chemicals. “FIU is
our hometown university and as a son of this
community, I want to invest in those who are
going to stay here and pour their talent and
their energy back into this community.”
Overcoming significant challenges in his
childhood–including poverty, dyslexia and
dropping out of school in the ninth grade
–Wertheim has enjoyed a varied career
as a veteran, educator, inventor, scientist,
optometric physician, visual neurologist,
research clinician and entrepreneur. His
inventions have protected millions from
serious eye diseases that include cataracts,
corneal dystrophy and macular degeneration.
“Dr. Wertheim is an extraordinary role model
of strength and perseverance to our students
and community,” said FIU President Mark B.
Rosenberg. “He is an inspiring individual who
has succeeded in spite of adversity and has
encouraged young people to pursue their
dreams through higher education.”
Wertheim hopes his philanthropic investments
in FIU serve as an inspiration to others to give
back to their community, either financially or
through the investment of time and talent. “It
is not how much but how often that matters;
giving of one’s self is a good thing.”
“
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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2011-2012 a n n ua l r e p o r t
Dr. Herbert A. Wertheim
youInspirational Catalyst
2011-2012 a n n ua l r e p o r t
5
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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We BelieveIgnite: The FIU Faculty & Staff Campaign
Dianne F. ValdiviaMembership Manager, Office of Alumni Relations
I support the FIU Alumni Association and the College of Business Administration.
youDianne F. Valdivia ‘06, MS ‘10Membership Manager, Office of Alumni Relations
Thomas BreslinInterim Dean, University Libraries
Betsy Soler ‘10Social Media Community Manager, Division of External Relations
Launched by the Office of Annual Giving in February 2012, the FIU Faculty & Staff
Campaign-Ignite is the first of its kind in FIU’s history. Within only five months, Ignite raised more than $2 million.
With gifts ranging from $20 to a seven-figure planned gift, members of the university community have funded scholarships, research, the arts and many more programs across FIU. “This is the beginning of a sea change in our institutional culture,” said
Dr. Stephen M. Fain, founding faculty member and chair of the campaign. “As we move forward, I expect that even more of us will find meaningful ways to participate in the Ignite campaign.”
“Together we are igniting dreams, creativity, discovery and innovation for the thousands of current and future students of this great university,” said FIU President Mark B. Rosenberg.
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2011-2012 a n n ua l r e p o r t
Cathy LeffDirector, The Wolfsonian
I support The Wolfsonian and the Frost Art Museum.
Henry A. ThomasBaseball Head Coach, Department of Intercollegiate Athletics
I support FIU Baseball and the Athletics Department.
Felecia D. TownsendDirector of Operations for Business Services, Division of Finance
I support FIU Athletics and Annual Giving.
“This is the beginning of a sea of change in our institutional culture.”
–Dr. Stephen M. Fain, founding faculty member and chair of the campaign
youCathy LeffDirector, The Wolfsonian
Henry A. ThomasBaseball Head Coach, Department of Intecollegiate Athletics
Felecia D. TownsendDirector of Operations for Business Services, Division of Finance
Ignite encourages employees to donate to the area of the university they care about most. More than 30 percent of FIU’s employees have already given. Of those, more than 10 percent are part of the Leadership Circle, acknowledging their five-year pledge to FIU.
“For us to ask our external community for support, we must lead by example,” said Rosenberg at the campaign launch. “We must send the message that we reach into our
pockets for our good institution because…we believe in us, our purpose, our mission, our people, our students. We believe in what we are doing!”
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
yout h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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Trailblazer. Visionary. Innovator. These words are synonymous with Dean
Emeritus and Professor Dr. Lillian Lodge Kopenhaver. With a myriad of accolades attached to her name, it’s no surprise that she has garnered national recognition for her outstanding service and contributions to journalism, both in the academy and in the profession.
For the last 39 years, she worked tirelessly to create programs and opportunities for students, from the founding of FIU’s School of Journalism and Mass Communication to, most recently, the establishment of
The Lillian Lodge Kopenhaver Center for the Advancement of Women in Communication through her $1 million planned gift.
Engaging female students, academics and professionals through workshops, lectures, panel discussions and other activities, the Center will be a pioneering site for the advancement of women in the field of communication–a programming distinction at FIU. “I want the next generations of young women to know their goals are achievable and that the doors will be opened just a little wider for them because of the work we can do with the Kopenhaver Center,” said
2011-2012 a n n ua l r e p o r t
Pioneering SpiritDr. Lillian Lodge Kopenhaveryou
2011-2012 a n n ua l r e p o r t
9
Kopenhaver, who stepped down as dean in 2011 to return to teaching. In recognition of her service to FIU, she was awarded the FIU Distinguished Service Medallion by president Mark B. Rosenberg during the fall 2011 commencement ceremonies.
Previously serving as the first female president of the Greater Miami Professional Chapter of the Society of Professional Journalists (SPJ) and the first female president of College Media Advisers, Kopenhaver was only the second woman in 77 years to receive the prestigious Wells Memorial Key for her work with SPJ. She was also named Outstanding Woman in
Journalism and Mass Communication Education in 2009 by the Association for Education in Journalism and Mass Communication. The creation of the Kopenhaver Center reflects and celebrates this legacy of excellence.
Advancing FIU’s growth remains a fundamental part of Kopenhaver’s life. “It has been a wonderful, fulfilling adventure, and I have been very fortunate to be here from the very beginning–to see the university grow into the world class institution it is today and to have been part of helping it along the way,” she said.
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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A Perfect MatchJewish Museum of Florida-FIU
yLocated in two adjacent Art Deco
buildings in Miami Beach that are former
synagogues on the National Register of
Historic Places, the Jewish Museum of
Florida-FIU explores 250 years of Jewish art,
culture and history in the State of Florida.
The Museum will create a historic partnership
and ignite a new era of interdisciplinary
education, research and outreach focused
on the history of the Jewish experience in
Florida.
“Through this generous gift, FIU will expand
our reach into the Florida community,
helping to preserve an important part of our
history while enhancing the global learning
experience we offer our students,” said FIU
President Mark B. Rosenberg.
In addition to the Museum’s buildings, the
gift to FIU includes the historical collections,
research library, endowment and other
assets. A key component of this match is the
relocation of a variety of programs, including
Judaic Studies, to the Museum’s facilities.
The plan also includes the expansion of
academic programs and research endeavors
designed to educate the FIU and greater
South Florida communities about the
challenges of the immigrant experiences
shared by all ethnicities in Florida.
“This step launches us into our next phase
of growth by strengthening awareness of
our institution and its mission, broadening
our academic offerings and increasing
scholarly research of our collections,” said
Jo Ann Arnowitz, director and chief curator
of the Museum. “Our synergy and mutual
commitment to exploring the richness and
diversity of Jewish life in Florida makes this a
perfect match.”
Through exhibitions, public programs,
historical collections and publications,
the Museum has provided multicultural
education for nearly two decades. Its addition
will complement the work of FIU’s School
of International and Public Affairs, creating
deeper conversations about the intersections
among history, culture, religion, literature,
political science and international relations.
To learn more about the Jewish Museum of
Florida-FIU please visit us at:
301 Washignton Avenue, Miami Beach, FL
33139 or at www.jewishmuseum.com ou
y2011-2012 a n n ua l r e p o r t
11
ouJo Ann Arnowitz Director and Chief CuratorJewish Museum of Florida-FIU
.
Elliot Stone PresidentJewish Museum of Florida-FIU
.
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
David F. Alfonso ’96 and Linda B. Alfonso
Field of Dreams
youNothing excites FIU alumnus David F.
Alfonso ‘96 and his family more than the gridiron action of FIU Football. In true Panther spirit, David is a leading supporter of his alma mater’s Athletics program.
In 2011, FIU named the Alfonso Field at FIU Stadium in recognition of the Alfonso family’s philanthropic investment in FIU Athletics. Building on this financial commitment, David agreed to serve as co-chair of the Stadium Campaign Task Force, a dedicated group of volunteers who led the efforts to raise the funding needed for the Stadium’s recent expansion. His passion for FIU Football is palpable.
“Although this is incredibly fulfilling for our family, this is solely about FIU and the path our athletic program is on to becoming national contenders,” said David, chairman and CEO of Empire Investment Holdings. “Support from alumni and friends keeps the University moving forward. Our support further inspires student-athletes, coaches and staff who work so hard to represent FIU with distinction and to engender a great sense of pride and excitement.”
When David received the FIU Medallion-Outstanding Alumnus award at commencement in May 2011, he emphasized that all FIU graduates share the same responsibility: “to recognize how important our role is to provide ongoing support through time and treasury.” Athletics, he said, is a key ingredient in maintaining that connection between alumni and the university.
“We are grateful for the level of support the Alfonso family has shown FIU Athletics,” said FIU Athletics Director Pete Garcia. “This is a perfect example of the commitment needed to build a winning program. David’s vision is on par with what we are looking to accomplish here at FIU. It only seems fitting that his name be associated with the Athletics program. Alfonso Field at FIU Stadium continues to be the crown jewel of FIU Athletics.”
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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2011-2012 a n n ua l r e p o r t
you2011-2012 a n n ua l r e p o r t
Alfonso Family From left to right: Victoria, Linda, David and Madison 13
14youThe Miami Bayside Foundation
understands the impact of higher
education on the economic vitality of
South Florida. In June 2011, the Foundation
pledged a gift of $100,000 to create a
scholarship endowment for City of Miami
residents who demonstrate an interest in
business, leadership and entrepreneurship.
The Foundation also pledged an additional $100,000 to support City of Miami residents
through the First Generation Scholarship
Fund. Pending the receipt of state matching
funds, the gift will result in a total impact
of $353,000.
“We are proud to partner with FIU, Miami’s
public research university,” said Nathan
Kurland, chair of the Miami Bayside
Foundation Board of Directors. “So many of
our students need financial assistance to
access the opportunities an FIU education
can provide.”
Founded in 1988, the Miami Bayside
Foundation seeks to stimulate economic
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
15you
Educational Empowerment
2011-2012 a n n ua l r e p o r t
development in the City of Miami and
provide educational opportunities.
Advancing this mission, the gift will provide
talented residents of the City of Miami
with the resources needed to pursue their
academic and professional goals at FIU.
“As an alum and entrepreneur, I understand
the significance of having the support
needed to flourish and succeed. The
generosity of the Miami Bayside Foundation
has been critical to opening those doors to
success for first generation students at FIU,”
said Justo L. Pozo CPA ‘80, Chairman, FIU
Foundation Board of Directors and President,
Preferred Care Partners.
The Foundation’s gift reflects FIU’s role as
an economic engine of South Florida. “The
Miami Bayside Foundation believes that in
order to advance our community, we need
to start at the real center of innovation,” said
Kurland. “Through education we can truly
empower today’s entrepreneurs and the
aspiring entrepreneurs of tomorrow.”
Miami Bayside Foundation
Miami Bayside Foundation Board. From left to right: Louis McMillian, Board Member; Josie Correa, Treasurer; Pamella Weller, Vice Chair; Kathleen Murphy, Executive Director; Pablo Perez-Cisneros, Board Member
Panoramic photo courtesy of Bayside Marketplace
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
youEvery Gift CountsScott Norberg, J.D.
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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Photo by: Brett Kramer, Brett Kramer Photography
2011-2012 a n n ua l r e p o r t
you2011-2012 a n n ua l r e p o r t
“An investment in FIU is an investment in the future of the
South Florida community and the State.” –Scott Norberg, J.D.
17
Whether it’s $10 or $1,000,000, each gift to FIU represents a significant
opportunity to make an impact.
For the First Generation Scholarship Fund,
one gift made all the difference. A
contribution of $3,750 from FIU Law
Professor Scott Norberg in November
2011 helped FIU surpass its goal and raise
$516,328, bringing the total amount of
scholarships awarded in the 2011-2012
academic year to more than $1 million.
For the first time in the history of the
state matching program, FIU raised
the maximum amount allocated by the
State of Florida.
A primary supporter of FIU’s College of
Law, Norberg is currently on leave from FIU
and serves as the deputy consultant to the
American Bar Association’s Section on Legal
Education and Admissions to the Bar in
Chicago. He has served as professor at the
College since 2001 and was the founding
associate dean for Academic Affairs for
four years.
In giving back to FIU what he gained through
his Faculty Award for Excellence in Teaching,
Norberg said, “It’s such a worthy project, and
the timing seemed providential. It is a way
to say thank you to the university, and more
specifically to my students and my law faculty
and staff colleagues, for the good fortune it is
to be a professor of law at FIU.”
Designed to bring a university education
within reach, the First Generation Scholarship
Fund provides support to qualified
undergraduate students who are the first
generation in their families to attain a college
degree. Since the program’s inception in
2006, FIU has awarded nearly $4.2 million to
more than 6,100 FIU students.
“An investment in FIU is an investment in
the future of the South Florida community
and the State,” said Norberg. “The FIU degree
represents tremendous value for modest
cost to students, but this is possible in these
times of dwindling public resources only if
individual and corporate stakeholders are
willing to take part.”
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Global ImpactObrascón Huarte Lain (OHL) yout h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Juan-Miguel Villar Mir President & ChairmanOHL
18
Photo courtesy of OHL
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2011-2012 a n n ua l r e p o r tyouIn 1987, Juan-Miguel Villar Mir, president and chairman of the board of directors
of Obrascón Huarte Lain (OHL), acquired
the company on the verge of disappearing.
Twenty-five years later, the global construction
multinational OHL Group boasts sales of $6.3
billion, leading major projects in more than
30 countries. As OHL expands its presence in
the United States, FIU is honored to partner
with the corporation in support of the OHL
School of Construction, the first named
school in the history of the FIU College of
Engineering and Computing.
“FIU’s program will move forward at a
faster pace with OHL’s investment in and
commitment to mutual values of excellence,
sustainability, diversity, progress, economic
development and quality of life,” said
Villar Mir. “We look for the OHL School of
Construction to become one of the top
programs of its kind in the U.S. and abroad.”
Established in 1973, the construction
management program at FIU is a leading
local and national supplier of construction
management executives, distinguished as
the largest graduate program in Florida. The
support of OHL will empower the School to
become an international center for excellence
in construction education. In alignment with
the expansion priorities of OHL, partnership
with FIU will address the growing demand for
diverse construction industry professionals
locally and throughout the southeast U.S.,
Latin America and the Caribbean.
“With a global presence in the Dominican
Republic and Panama, and strong executive
and online offerings, our construction
program is already Worlds Ahead,” said Amir
Mirmiran, dean of FIU’s College of Engineering
and Computing . “This generous gift will place
the OHL School of Construction in an elite
group of national and international peers.”
Agustin Arellano President Arellano Construction
Lauro Bravar CEOOHL USA
U.S. Century Bank Arena
Gerald C. Grant, Jr. ‘78, MBA ‘89
Leading by Example
youA double graduate of FIU, member of the FIU Board of Trustees and dedicated
donor since the early 1990s, Gerald C. Grant,
Jr. ‘78, MBA ‘89 is no stranger to the impact
of education–a gift, he said, that is more
valuable than any other.
In 2006, Grant established the Gerald C.
Grant, Jr. Scholarship Fund in the FIU Honors
College to award high achieving Honors
students. “I want to lead by example and
encourage other alumni and friends of FIU
to step out of their comfort zone and make a
significant gift to make our university better,”
said Grant, South Florida branch director of
AXA Advisors, LLC.
“No one is more committed to the welfare
and advancement of FIU than Gerald Grant,”
said Honors College Dean Lesley A. Northup.
“His service on our advisory board helped
immeasurably in building it to its current
successful level, and his involvement with the
larger institution of FIU has been extraordinary.”
Selected by Legacy Magazine as one of South
Florida’s 50 Most Powerful Black Professionals
of 2011, Grant has contributed to the growth
of FIU in numerous ways from serving on the
FIU Board of Trustees and the FIU Foundation
Board of Directors to the FIU Alumni
Association Board, President’s Council, and
Honors College Community Advisory Board.
“I serve at FIU because I believe it is our
responsibility to give back and make our
community a better place to live. FIU has
made a tremendous difference in my life,” said
Grant. “As a trustee, the decisions I make will
impact the lives of thousands of students
who will enter the doors of FIU. I will not
take that responsibility lightly and will make
sure that we make each student’s learning
experience memorable.”
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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Gerald C. Grant, Jr. ‘78, MBA ‘89
you2011-2012 a n n ua l r e p o r t
“I want to lead by example and encourage other alumni and friends of
FIU to step out of their comfort zone and make a significant gift to make
our university better.” –Gerald C. Grant, Jr. ‘78, MBA ‘89
21
youCandice B. Gidney, Esq. DirectorThe Betty G. Reader Foundation
Jerilynn Gidney Co-TrusteeThe Betty G. Reader Foundation
22
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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2011-2012 a n n ua l r e p o r t
A Legacy of ServiceThe Betty G. Reader Foundation
youBetty G. Reader’s legacy of giving back to
her community lives on at FIU. An active
volunteer and philanthropist who passed
in 2009 at the age of 99, Reader supported
numerous organizations such as American
Friends of Hebrew University, Jewish
Home for the Aged, Greater Miami Jewish
Federation, Hadassah, American Cancer
Society, Miami Jewish Home and Hospital
and Mount Sinai Medical Center of
Miami Beach.
In celebration of
her volunteerism,
Reader received
many awards
including The
Hebrew University
Award and the
Diamond Medal
from Hadassah.
Honoring this
legacy of service, in
2011 the trustees
of her estate made
a $600,000 commitment to establish the
Betty G. Reader Scholarship Fund for
students who have demonstrated
exemplary service to and leadership in
the community.
The first FIU scholarship with a preference
for students who have served the Jewish
community, the fund will honor Reader’s
legacy and dedication to the well-being of
the greater Jewish community. As many as 12
incoming freshmen will be selected each year
to receive the four-year scholarships.
“The Betty G. Reader Scholarship Fund
will have a lasting impact on FIU and our
community,” said FIU Dean of Undergraduate
Education Doug Robertson. “This program
will change the lives of many young persons
who have demonstrated their potential
for success through exemplary academic
achievement, leadership and citizenship.”
One of the first recipients of the scholarship
is Steeve Jerome, a freshman electrical
engineering major who served as vice
president of his high school’s 5000 Role
Models of Excellence Program and mentored
at-risk male students at Benjamin Franklin
Elementary. Jerome’s selection reflects his
dedication to the ideals personified by Reader:
“This scholarship was truly a blessing and it
is propelling me toward the realization of the
American dream…. Being able to serve and
contribute to my community has been one of
the most humbling experiences of my life.”
Betty G. Reader
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
you
The idea to build a beverage management center at FIU was a bold one. The Chaplin
family, owners of Southern Wine & Spirits of America, deemed it a promising project and offered their support in 1996. Their initial gift sparked a private-public success story that has helped place FIU at the forefront of hospitality education.
In honor of the Chaplins’ 16-year partnership with the program, FIU named its top-rated hospitality school the Chaplin School of Hospitality and Tourism Management in April 2012. “This is a wonderful way to recognize our long-standing commitment to FIU,” said Southern Wine & Spirits President and Chief Operating Officer Wayne E. Chaplin. “We are committed to the education of the hospitality industry’s future leaders and want to do our part to provide them with an exceptional learning experience.”
In addition to the center, the Chaplins supported the Harvey R. Chaplin Eminent
Scholar Chair, the first and only one in the country devoted to beverage management. The Chaplins also supported the creation of the renowned Food Network South Beach Wine & Food Festival, which has grown into one of the nation’s largest events of its kind and generated more than $17 million for the Chaplin School. A new teaching restaurant, funded by festival proceeds, will strengthen the school’s growing research in food, beer and spirits and sharpen its focus on building management skills. The Chaplins and Southern Wine & Spirits continue to support the festival as the main sponsor and owner of the festival trademark.
Harvey R. Chaplin, Wayne’s father and Southern Wine & Spirits’ chairman and CEO, recalled the decision to invest in FIU. “I don’t think an alcoholic beverage company has supported a Florida university before, and none of us ever dreamed that we would end up where we have,” he said. “It really has been a wonderful ride.”
Harvey R. and Wayne E. Chaplin
Father-Son Commitment
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2011-2012 a n n ua l r e p o r t
“We are committed to the education of the hospitality industry’s future
leaders and want to do our part to provide them with an exceptional
learning experience.” –Harvey R. and Wayne E. Chaplin
Father-Son Commitment
2011-2012 a n n ua l r e p o r t
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In the words of Wayne Brackin, Baptist Health South Florida’s chief
operating officer and executive vice president, “Baptist Health and FIU have grown up together in this South Florida community. The depth and breadth of the contributions of Panther alumni to the success of Baptist Health South Florida cannot be overstated. From nursing to management to physical therapy to hospitality to biomedical engineering and everywhere in between, FIU is there.”
A dedicated donor to the university since 1987, Baptist Health has made philanthropic investments in units ranging from the Honors College and Athletics to the College of Nursing and Health Sciences and the Herbert Wertheim College of Medicine. Baptist Health and FIU share a commitment to community-based medical education as anchor institutions that are transforming the future of health care in South Florida. Baptist Health has remained an engaged
partner of the Wertheim College of Medicine since the founding of South Florida’s first and only public medical school in 2006. More than 30 percent of the College’s faculty are affiliated with Baptist Health. In 2010, the College established its first residency partnership, a family medicine training program at West Kendall Baptist Hospital. “Baptist is a leader in health care and their long tradition of healing in our community will enhance our mission of educating socially aware and responsive physicians who will practice medicine in a compassionate and comprehensive manner,” said Dr. John Rock, founding dean of the College.
Thanks to the support of community partners such as Baptist Health, the College is realizing its vision to lead the next generation of medical education and continually improve the quality of health care available to the South Florida community.
Tradition of HealingBaptist Health South Florida
26
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
James West Third year medical student,currently completing his surgery rotation at West Kendall Baptist Hospital
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2011-2012 a n n ua l r e p o r t
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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Beyond BuildingsTibor and Sheila Hollo
youPhoto by: Patrick Farrell, The Miami Herald
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2011-2012 a n n ua l r e p o r t
youThe beauty of the Miami skyline reflects the iconic reputation of Tibor Hollo.
Considered an architect of modern Miami,
Tibor constructed the first high-rise office
building on Brickell Avenue in 1972. In
recognition of his legacy as a pioneer of the
real estate industry, he was recently named
South Florida’s Entrepreneur of the Year by FIU.
In March 2012, FIU partnered with the
South Florida developer and his wife Sheila
to name the Tibor and Sheila Hollo School
of Real Estate in the College of Business.
The couple’s generous gift will be used to
create an endowment that supports FIU’s
premier real estate program in perpetuity,
including its undergraduate and graduate
degree programs, continuing education
opportunities and industry-driven research.
“Real estate is a dynamic profession, one
that challenges our best minds to explore
how to use our limited resources to finance
and create useful, exciting places to live and
work,” Tibor said. “I am grateful that Florida
International University embraces this
challenge in its real estate program, and I am
proud of our new association. I look forward
to ongoing progress in the study of real estate,
guided by the outstanding scholars at FIU.”
President of Florida East Coast Realty (FECR),
Tibor has made his mark by advocating
and developing innovative projects that
emphasize living, working and playing in the
urban core. Since its founding nearly 60 years
ago, FECR has advanced the development
of 60 million square feet of residential,
commercial, retail and industrial space, with
landmark projects from New York to Nevada
and throughout Florida.
“The Hollos are true visionaries,” said Joyce
Elam, dean emeritus of the College of
Business. “By establishing the Hollo School,
they will help ensure the growth of our real
estate program. We anticipate great advances
thanks to the guidance of an exceptional
pioneer and true role model.”
“The Hollos are true visionaries.”–Joyce Elam, dean emeritus of the FIU College of Business
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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Campuses and Academic Centers
Museums
• Modesto A. Maidique Campus
• Biscayne Bay Campus in North Miami
• Engineering Center
• FIU Broward Pines Center in Pembroke Pines
• FIU Downtown on Brickell
• FIU Miami Beach Urban Studios
Tianjin Center in Tianjin, China
The Patricia and Phillip Frost Art MuseumThe Wolfsonian-FIU Jewish Museum of Florida-FIU 96 percent of the university’s
tenured or tenure-earning faculty hold doctorates or the highest degree attainable in their field.
FACTS:about FIUFall 2012
46,000+ Number of students attending FIU in Fall 2011.
1965F O U N D E D I N
Number 1 in the nation in awarding bachelor’s and master’s degrees to Hispanic students
Nearly 50 percent of all undergraduate students at FIU receive financial aid, and nearly 60 percent of those financial aid recipients come from families with annual household incomes under $30,000.
More than 50 percent of FIU undergraduate students are the first in their families to attend college.
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2011-2012 a n n ua l r e p o r t
%
62% Hispanic
13% White
Non-Hispanic
13% Black
4% Asian or
Pacific Islander
8% other minority
groups
FIU’s dynamic student body reflects the vibrant diversity of South Florida
College of Architecture + The Arts • School of Architecture • School of MusicCollege of Arts & Sciences • School of Environment, Arts & Society • School of Integrated Science & Humanity • School of International & Public AffairsCollege of Business • School of Accounting • Alvah H. Chapman, Jr. Graduate School of Business • R. Kirk Landon Undergraduate School of Business • Tibor and Sheila Hollo School of Real EstateCollege of EducationCollege of Engineering and Computing • School of Computing and Information Sciences • OHL School of ConstructionHonors CollegeCollege of LawHerbert Wertheim College of MedicineCollege of Nursing & Health SciencesChaplin School of Hospitality and Tourism ManagementSchool of Journalism and Mass CommunicationRobert Stempel College of Public Health and Social Work • School of Social WorkUniversity Graduate SchoolUniversity College (Continuing Education and Fully Online programs)
Florida International University is a vibrant, student-centered public research university, ideally located in Miami, that is WorldsAhead in its commitment to learning, research, entrepreneurship, innovation and creativity so that our graduates are prepared to succeed in a global market.
Colleges and Schools
180 bachelor’s, master’s
and doctoral programs} }More than $100 million in research and sponsored programs.
167,000 FIU alumni
THe FlorIdA INTerNATIoNAl UNIverSITy FoUNdATIoN, INC. (FIU Foundation) was
established in 1969 to encourage, solicit, receive and administer gifts for scientific, educational
and charitable purposes for the advancement of FIU and its objectives. It is registered by the State
of Florida as a charitable organization and is approved by the U.S. Internal Revenue Service as a
tax exempt 501(c)(3) organization. The Foundation has also been certified as a Direct Support
Organization (DSO) of FIU as defined in Florida Statue 1004.28.
The FIU Foundation is a non-profit corporation governed by a Board of Directors, whose members
play a significant role in the development of the university as a major educational, cultural and
economic resource. The mission of the university is advanced through the involvement of the
Directors and their contribution of time, leadership and financial resources.
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
32
2011 2012
Assets: Cash and cash equivalents 25,360,829 4,806,843 Contributions receivable, net 42,319,332 61,536,667 Investments 152,352,145 168,514,586 Due from Florida International University 34,501 136,285 Bond issuance costs, net 135,060 122,590 Other Assets 941,001 839,549 Fixed assets, net 12,571,255 12,174,916 Total Assets $233,714,123 $248,131,436 liabilities: Accounts payable and other liabilities 977,189 289,652 Annuity payables 257,925 188,385 Deferred revenue 630,938 843,218 Due to Florida International University 580,626 673,237 Due to Florida International University Athletics Finance Corp. - 56,100 Split-interest obligations 789,486 789,060 Derivative liability 536,947 432,872 Note payable 8,785,000 8,180,000 Total liabilities 12,558,111 11,452,524 Net Assets: Unrestricted 22,761,966 21,631,305 Temporarily restricted 34,874,337 33,472,532 Permanently restricted 163,519,709 181,575,075Total Net Assets 221,156,012 236,678,912 Total liabilities and Net Assets $233,714,123 $248,131,436
FlorIdA INTerNATIoNAl UNIverSITy FoUNdATIoN, INC. ANd SUBSIdIArIeS (A direct Support organization)
CoNSolIdATed STATeMeNT oF FINANCIAl PoSITIoN JUNe 30, 2012
(WITH COMPARATIVE TOTALS FOR JUNE 30, 2011)
2011-2012 a n n ua l r e p o r t
33
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Fund Balance History
Endowment Performance
Year Ended
Inve
stm
ent F
und
Bala
nce
(In m
illio
ns)
Donor Type Total Donors
Alumni 12,132
Friends (Individuals) 4,558
Parents 352
Faculty/Staff 1,024
Corporations 507
Foundations 82
Organizations 131
Total 18,786
Giving by Donor Type
Snapshot of Giving for Fiscal Year 2011-2012
34
Alumni
Friends (Individuals)
Parents
Faculty/Staff
Corporations
Foundations
Organizations
2011-2012 a n n ua l r e p o r t
FIU Foundation Investment Returns
Year Ended
Rate
of R
etur
n
Donor Type Total Raised
Alumni $ 3,058,894
Friends (Individuals) $ 15,136,490
Parents $ 79,714
Faculty/Staff $ 2,800,689
Corporations $ 7,659,244
Foundations $ 2,694,396
Organizations $ 21,637,372
Total $ 53,060,395
Giving by Donor Type in Dollars
35
Alumni
Friends (Individuals)
Parents
Faculty/Staff
Corporations
Foundations
Organizations
t h e f lo r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
36
exeCUTIve CoMMITTee
Justo L. Pozo, CPA ‘80
Chairperson
T. Gene Prescott
Vice Chairperson
Kathryn G. Chase
Secretary
Richard Brilliant ‘93
Treasurer
Carlos B. Castillo, Esq. ‘88
Member
Carlos A. Duart ‘94, MS ‘99
Member
Thomas M. Cornish ‘85
Member
Veronica Cervera Goeseke
Member
Noel J. Guillama-Alvarez ‘99
Immediate Past Chair
Howard R. Lipman
President and CEO,
The FIU Foundation, Inc.
eMerITUS dIreCTorS
Neal O. Amdur*
John K. Aurell
Oscar Bustillo
Jordan Davidson*
Victor I. Eber *
Leon J. Ell *
Catherine H. Fahringer
Stanley J. Glaser*
Gui L. P. Govaert*
J. Stephen Hudson
Lester R. Johnson
Roz Kovens
William M. Lehman, Jr.
Morris Levitt
Modesto A. Maidique
Albert Morrison, Jr.*
W. James Orovitz*
David L. Perlman*
Ricardo Nuñez-Portuondo
Earl W. Powell
Joan Peven Smith
Theodore Spak
Amancio V. Suarez
Norman R. Weldon
Gerald Thomas Wolfe ’80, ‘86
Sonny Wright
Charles Zwick
dIreCTorS
Nelson L. Adams, M.D.
David S. Adler ‘09
Jose M. Aldrich
Agustin R. Arellano, Sr.
Antonio L. Argiz, CPA ‘74
Stephen H. Bittel
John Bussel
Richard Brilliant ‘93
Carlos B. Castillo, Esq. ‘88
Veronica Cervera Goeseke
Thomas M. Cornish ‘85
Kathryn G. Chase
Carlos A. Duart ‘94, MS ‘99
Candice Gidney, Esq.
Jorge J. Gonzalez ‘88
Gerald C. Grant, Jr. ‘78, MBA ‘89
Noel J. Guillama-Alvarez ‘99
Jeffrey L. Horstmyer, M.D.
Neisen O. Kasdin, Esq.
S. Lawrence Kahn, III
Christopher G. Korge
R. Kirk Landon
Donald E. Lefton
Juan J. Martinez ’90, ‘93
Michael R. Mendez ‘03, MBA ‘10
Chad Moss ‘94
Mario Murgado
Marcel L. Navarro ‘93
Marcos A. Perez ‘90, MBA ‘00
Danny Pino ’96
Lilly Bernal Pino ‘97
Justo L. Pozo, CPA ‘80
T. Gene Prescott
Jonathan E. Perlman
Enrique A. “Henry” Ramos
Carolina Rendeiro
Orlando Roche ‘88
Jorge Rossell
Carlos A. Sabater, CPA ‘81
Adalio T. Sanchez ‘87
Ronald A. Shuffield
Isaac Zelcer
Sanford L. Ziff
ex-oFFICIo
Victor C. Balestra
Jack F. Gonzalez ‘97
C. Delano Gray
Denise Halpin
Rosa L. Jones
Albert R. Maury ‘96, B.Acc. ‘02
John K. Aurell (1971-1973)
Lester R. Johnson, Jr. (1973-1975)
Jay Janis* (1975-1976)
Dave W. Schornstein (1976-1977)
J. Stephen Hudson (1977-1978)
Thomas D. Lumpkin* (1978-1980)
David L. Perlman* Chairperson Emeritus (1980-1982)
Catherine H. Fahringer (1982-1984)
W. James Orovitz* (1984-1987)
Robert H. Coords (1987-1988)
Alvah H. Chapman, Jr.* Chairperson Emeritus (1988-1993)
Joseph P. Lacher (1993-1994)
David R. Parker (1994-1997)
Herbert A. Wertheim, O.D. (1999 - 2000)
Patricia Frost (1997-1999)
Sherrill W. Hudson (2000 - 2002)
Donald E. Lefton (2002 -2004)
Carlos A. Migoya (2004-2006)
S. Lawrence Kahn, III (2006-2008)
Joseph L. Caruncho , Sr. “81 (2008-2009)
Albert Morrison, Jr.* Honorary Chairperson (2010- honored posthumously)
Noel J. Guillama-Alvarez ‘99 (2010-2011)
ForMer FoUNdATIoN BoArd CHAIrPerSoNS
The FIU Foundation, Inc. 2011-2012 Board of directors
Thank you to our current, ex-officio and emeritus directors who give of their time to lead the foundation to new heights.
We would like to thank FIU External Relations - Office of Publications and FIU Academic Imaging Services for their support and work on this project. Art Director: Oscar Negret. Photographers: Gloria O’Connell, Miguel Asencio, Ivan Santiago.
*deceased
Donor Bill of rights
“It takes a noble person to plant a tree that will one day provide shade for those whom we may never meet.” – Anonymous
Florida International University respects the wishes of its donors and believes donors should have full confidence in the university’s handling of their support. FIU subscribes to the Donor Bill of Rights adopted by the Council for the Advancement and Support of Education (CASE).
Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the 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 the 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 purposes.
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 acknowledgement 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.
X. To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.
Developed by Association of Fundraising Professionals (AFP), Association for Healthcare Philanthropy (AHP), Council for Advancement and Support of Education (CASE) and Giving Institute: Leading Consultants to Non-Profits.