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Printed program from WFA's 2009 Power of the Purse luncheon.
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FRIDAY, OCTOBER 23, 2009
11:30 A.M. TO 1:00 P.M.
WALLY ALLEN BALLROOM
Statehouse Convention Center
Little Rock, Arkansas
PROGRAM
MISTRESS OF CEREMONIES
Marla Johnson Norris
At-Large Representative of the WFA Board of Directors
ACKNOWELDGEMENTS
Lisa Buehler
Power of the Purse Chair of the WFA Board of Directors
INTRODUCTION OF THE
WOMAN OF THE YEAR IN PHILANTHROPY
Margy Merkle Niel
Girls of Promise Chair of the WFA Board of Directors
WOMAN OF THE YEAR IN PHILANTHROPY
AWARD RECIPIENT
Alice W. Mahony
Vice President & Co-Founder, El Dorado Education Foundation
INTRODUCTION OF THE KEYNOTE SPEAKER
Lena Moore
Second Vice President of the WFA Board of Directors
KEYNOTE ADDRESS
Gena Renia Lovett
Partner & Chief Operating Officer, Alexandra Investment
Management LLC
INTRODUCTION OF THE EXECUTIVE DIRECTOR
Margaret L. Bogle, PhD, RD, LD
President of the WFA Board of Directors
REMARKS BY THE EXECUTIVE DIRECTOR
Lynnette Watts
Executive Director of the Women’s Foundation of Arkansas
THE POWER OF THE PURSE LUNCHEON
Alice Mahony is a member of the Arkansas State Board of Education, having been appointed in July 2008 by Governor Mike Beebe. In 2008, she was named the Arkansas Economic Developers Volunteer of the Year. She is a member of the National Association of Boards of Education Governmental Affairs Committee.
Mrs. Mahony serves as Vice President and Co-Founder of the El Dorado Education Foundation (EDEF). Mrs. Mahony helped with background research on the development of the $50 million El Dorado Promise Scholarship Program, which was begun in 2007, and is sponsored entirely by Murphy Oil Corporation. She is a
member of the El Dorado Promise Recruiting Committee, and helped start the annual Academic Signing Day at El Dorado High School, which, along with the Promise, was featured in People magazine in June 2009.
At EDEF, along with Co-Founders Claiborne (President) and Elaine Deming, Mrs. Mahony helped to raise funds and establish programs to benefit the El Dorado Public Schools, including the endowed chair partnership project, the only known program of its kind in a public school system in the United States.
She is a member of the Design Committee and the Facilities Committee for the new El Dorado High School. In 2007, she was a member of the “Build on the Promise,” Millage Committee, which, in order to build the new high school, successfully passed the first millage increase in El Dorado in over 30 years. She is a member of the Girls of Promise-El Dorado Committee for the Women’s Foundation of Arkansas, and the Citizens Against Cap-and-Trade Committee.
For the El Dorado Chamber of Commerce, Mrs. Mahony is past Chairman of the Board, being the third woman appointed. She served as the first chair in education for its Executive Committee, and currently is a member of the Workforce Development Taskforce.
She is the second woman named to the Board of Governors for the El Dorado Golf and Country Club. She is president of the Beasley Foundation. Mrs. Mahony is also a member of the board of directors for the Arkansas Children’s Hospital Foundation, the Arkansas Business and Education Alliance (parent organization of the Arkansas Scholars Program) and the George Lucas Education Foundation.
Mrs. Mahony will complete her MBA at Harding University (October 2009), where she is a member of Alpha Chi, Arkansas Eta Chapter. She has a BS degree from John Brown University, and an AA degree from South Arkansas Community College, where she was a member of Phi Theta Kappa, Alpha Gamma Iota Chapter. She has also attended Southern Arkansas University (SAU).
Locally, Mrs. Mahony is a past Board Member of the South Arkansas Arts Center (SAAC), and is a member of Fifty for the Future, the El Dorado Rotary Club, and the First Presbyterian Church. She has three children: Shelley, Brandon, and Joshua; two stepchildren, Michelle and Martha; a daughter-in-law, Holly Meadows, and five grandchildren: Eli, Emme, Daly, Sarah Brandon, and Katherine. Alice was married to the late Mike Mahony, who was the brother of Emon Mahony and Jodie Mahony.
Woman of the Year in Philanthropy
Alice W. Mahony
Gena Lovett is a Partner and Chief Operating Officer of NY-based Alexandra Investment Management (AIM), an alternative investment advisor managing assets of approximately $500 million. With more than 20 years of financial services experience, Ms. Lovett has a wide range of expertise managing front, middle, and back office operations. Currently, she manages all of the firm’s day-to-day non investment activities and serves as Secretary for the Board of Managers of the Investment Advisor, Corporate Secretary for the Board of Directors and as the firm’s representative to the Board of Directors of Paladyne Systems, Inc. She established and serves on the Audit and Compensation Committees, the Compliance and Valuation, Trade Execution and Soft Dollar Committees of the firm.
Before joining Alexandra Investment Management in 1998, Ms. Lovett managed a Trade Support unit at NatWest Capital Markets for two years. Prior to this she served as a consultant providing operations, marketing and analytical support for financial institutions. Prior to that, she served as Assistant Treasurer for Global Equities at BT Securities Corporation. Ms. Lovett began her financial services career at PaineWebber, where she was an Area Manager.
Ms. Lovett has and continues to be actively involved in the community and currently serves on the Board of Directors as Treasurer for Citizens Union and Citizens Union Foundation, and President of the Junior League of New York City (NYJL). Ms. Lovett has also served as a past Director on the Board of the Associated Junior Leagues International, Inc. (AJLI) and Intermediate Past President of the Women’s Prison Association (WPA). Ms. Lovett is a member of the Steering Committee for the NYU Women’s Initiative and Co-Chair of the Development Committee and Member of the Audit Committee for Abyssinian Baptist Church.
As a respected senior executive in the investment industry, Ms. Lovett is a member of the Board of Directors of NanoScience Engineering Corporation in Michigan. Ms. Lovett is active in professional financial organizations such as the MFA (Managed Funds Association) as a member of the COO Steering Committee and the PAC Advisory committee and serves on the 100 Women in Hedge Funds CFO COO Peer Advisory Council, as well, an Angel. Ms. Lovett is a member of Women Corporate Directors (WCD) and TARA.
In recognition of Ms. Lovett’s ongoing commitment to serving the community, in 2008 Ms. Lovett was awarded with the Bert Bart Lawson for Professional and Public Services from New York University SCPS, 2005 Ms. Lovett received the Isaac T. Hopper Award from the Women’s Prison Association and the Junior League of New York City presented her with the Outstanding Volunteer Award in 2002.
Ms. Lovett holds a B.A. from Philander Smith College in Little Rock, Arkansas. She continued her education at New York University receiving a Diploma in Financial Management and completed board service training with On-Board Boot Camp and the New York Junior League’s Non-Profit Clearing House. Ms. Lovett resides with her husband in New York City.
Keynote Speaker
Gena Renia Lovett
Presenting Sponsor
Benefactor Sponsors
Patron Sponsors
ANGELA & EDWARD O. MOODY
APARTMENT HUNTERS
ARKANSAS TECH UNIVERSITY
CENTENNIAL BANK
CHESAPEAKE ENERGY CORPORATION
LITTLE ROCK REGIONAL CHAMBER OF COMMERCE
LOW'S BRIDAL & FORMAL SHOPPE
MITCHELL WILLIAMS LAW FIRM
STONE WARD
UNIVERSITY OF CENTRAL ARKANSAS
Friends
Lucy L. Abraham & Friends
Acxiom Corporation
Diane G. Alderson
Tracy Alderson Fort
Allegra Print & Imaging
Aristotle
Arkansas Business & Education Alliance
Arkansas Business Publishing Group
Arkansas Children’s Hospital
Arkansas Community Foundation
Arkansas Farm Bureau
Arvest Bank
Katherine H. Baltz, MD, PA
Bancorp South - El Dorado
Bank of the Ozarks
Baptist Health
Margaret L. Bogle, PhD, RD, LD
Comcast Communications Inc.
Cynthia L. Conger
Cranford Johnson Robinson Woods
Cross Gunther Witherspoon & Galchus
Delta Trust & Bank in honor of WFA’s Founders
Democratic Party of Arkansas in honor of First Lady Ginger Beebe
Dempsey Film Group
Elise Drake
El Dorado Chamber of Commerce
Dr. Lee Lee Doyle
Dr. Mary L. Good
Wanda G. Hoover & Friends
Hudson, Cisne & Co. LLP
Brownie Ledbetter in honor of the Women’s Project
McLarty Companies & Markham Group
Margaret A. Merkel Niel
Lena Moore & Friends
Beverly Morrow
Murphy Oil Corporation
Onebanc
Philander Smith College
Karen Potts
Elizabeth J. Pruet in honor of El Dorado Educators
Lisenne Rockefeller
Simmons First National Bank
State Department of Education
Stephanie S. Streett & Friends
Debby Thetford Nye
University of Arkansas at Little Rock Chancellor’s Office
University of Arkansas for Medical Sciences
UAMS College of Medicine
Winthrop Rockefeller Foundation
Winthrop Rockefeller Institute
Wright Lindsey Jennings
The Women’s Foundation of Arkansas
In 1998, a key group of prominent Arkansas women came together to create a new non-profit foundation that would harness the power of women and philanthropy. The group united to create a charitable fund dedicated to investing in projects benefitting women and girls in Arkansas. 100 women giving $1000 each raised the initial $100,000 used to create an endowment fund with the Arkansas Community Foundation to ensure a perpetual source of grant-making funds. In 2001 their vision was furthered when this fund became the Women’s Foundation of Arkansas (WFA).
The goals of the foundation reflect the knowledge that when women are educated and economically secure, their children are better educated, better nourished, and in better health; moreover, these benefits reverberate beyond their families to include entire communities. Our specific aims are to:
(1) Increase philanthropy by and for women and girls.
(2) Encourage women and girls to improve skills in math, science, and technology;
(3) Improve their economic status and financial competence;
(4) Promote high academic achievement; and,
(5) Increase visibility and awareness of WFA’s mission and the needs of women and girls in Arkansas.
The Women's Foundation of Arkansas is the only not-for-profit, statewide organization with the sole focus of developing the professional, economic, and philanthropic potential of Arkansas women and girls by ensuring they have the necessary resources, tools and knowledge to reach their full potential.
This year begins the second decade of the Women’s Foundation of Arkansas. Building on the vision of our 100 founding women and honoring this milestone, we are focusing our efforts on increasing our endowments in order to provide more grant funding and enhanced programs.
Historically, women uniting for a common cause has brought great results. The 100 women of the first decade made a personal statement about their own values by establishing the Women’s Foundation of Arkansas. They were driven by a desire to improve the state and improve the lives of women and girls living here. We, in the second decade, have the luxury of simply following their lead and continuing this great work.
We invite you to help WFA build on the vision of our 100 founding women by contributing to our endowments. Through these endowments, WFA can ensure that the women and girls of Arkansas have every opportunity to acquire the necessary skills and guidance to build self-sufficiency and achieve success. As you leave today, please take a moment and think about making serious change in the lives of Arkansas’ women and girls through a gift to:
WFA GRANT-MAKING ENDOWMENT FUND This Endowment Fund generates unrestrictive grant-making dollars, continuing the original vision of the WFA's founding women for a strong grant program.
WFA OPERATING ENDOWMENT FUND This Endowment Fund supports the day-to-day operations and program expenses of the WFA and helps ensure a steady provision of programming through the WFA.
JOAN R. CAMPBELL “GIRLS OF PROMISE” ENDOWMENT FUND This Endowment Fund was established in memory of Joan Rule Campbell, creator of the WFA's Girls of Promise program. Interest from this fund is used to provide the Girls of Promise program to young women in Arkansas in perpetuity.
Entering the Second Decade
Grant-making Program
In 1999, WFA began awarding mini-grants to programs throughout Arkansas that serve women and girls. Since that time, 79 programs have been funded with over $150,000 awarded. In its second decade, WFA is focusing on expanding the current grants program in order to offer increased support to deserving organizations addressing the states’ greatest needs for women and girls. Funding is made available to human service, educational, and charitable groups in every corner of the state.
Past grant recipients include such programs/projects as Arkansas Sheriffs Youth Ranch, “Program Team Balance”; Arkansas Single Parent Scholarship Fund, "Materials for the Delta Scholarship Project Rural Affiliates"; Boys & Girls Club of Paris, “Just for Girls” ; Cotton Plant High School, "Growth, Inc."; Girls Inc., “She’s On the Money!”; Sutton Elementary School, "Everyday Math & Technology – Every Day!"; Vilonia Public School Band Department, "“From College-to-Classroom, Students-Teaching-Students Musical Mentoring”.
The WFA is happy to announce that we are accepting Letters of Interest for qualified organizations seeking funds for projects/programs that assist Arkansas women and girls – in rural and/or urban communities – in achieving their full potential. Projects/programs should promote one or more of the following:
Improved educational status of Arkansas women and girls
Development of skills in math, science and technology
Job readiness and/or Entrepreneurship
Promote mentoring of Arkansas women and girls
Promote philanthropy by and for women in Arkansas
Increase economic and financial literacy
Letters of Interest will be accepted until December 31, 2009. Those selected to provide a full proposal will be notified March 1, 2010. Please visit our website to learn more: www.womensfoundationarkansas.org
Get Involved with the WFA
Each of the WFA’s Grant-making, Girls of Promise and Women of Promise committees are staffed by a combination of volunteers and WFA board members. If you are interested in volunteering on any of our committees, please contact the WFA office.
Girls of Promise
The Girls of Promise program, championed by Joan Rule Campbell, was established in 1999. Since that time, Girls of Promise has introduced thousands of 8th grade girls across Arkansas to information about careers in areas related to science, engineering, technology and math while giving them the opportunity to meet with women professionals for greater understanding of their own potential and power. Each spring, Arkansas girls meet and learn from women scientists, astronauts, physicians, computer systems engineers, and others.
Current Girls of Promise host partners are: Arkansas State University in Jonesboro, Arkansas Tech University in Russellville, NorthWest Arkansas Community College in Bentonville, South Arkansas Community College in El Dorado and the University of Arkansas at Little Rock.
Women of Promise
In keeping with the WFA mission, Women of Promise is led by a WFA Committee focused on identifying, developing and inspiring Arkansas women to reach their full potential as philanthropists, as women, and as role models for girls. In the same way that Girls of Promise seeks to demonstrate and compel the limitless potential and possibilities embodied in Arkansas girls, Women of Promise endeavors to do the same for women through its Symposium Series and its Emerging Leaders Program.
WFA Board of Directors
Margaret L. Bogle, Ph.D. - President Cynthia L. Conger, CPA, PA - F irst Vice President
Lena Moore - Second Vice President Amy Pierce - Treasurer Leila Alston - Secretary
Marla Johnson Norris - At-Large Representative Karen Potts - At-Large Representative
Tracy Alderson Fort Susan Davis Allen, Ph.D.
Katherine Baltz, M.D. Ginger Beebe
Jill Brown Lisa Buehler Sericia Cole
Vivian Flowers Brenda Gullett Dorothy Hall
Colette D. Honorable Wanda G. Hoover
Heather Larkin Angela Moody
Beverly Morrow Margy Merkle Niel
Mary Beth Ringgold Stephanie S. Streett Debby Thetford Nye
Millie Ward
Lisa Buehler - Event Chair Wanda G. Hoover - Event Co-Chair
Power of the Purse Event Committee
Tracy Alderson Fort Anne Bradford
Sericia Cole Kelly Harbert
Nancy Leonhardt Wonder Lowe
Dennis McKelvey Margy Merkle Niel
Angela Moody Lena Moore Heather Pile
Stephanie S. Streett
WFA Staff Members
Lynnette Watts - Executive Director Amanda Potter Cole - Director of Operations
Special Thanks
The WFA greatly appreciates our board and Power
of the Purse committee for their commitment and
support.
The WFA extends special appreciation to the
following businesses for their generosity and
support:
Antoon’s Jewelers Inc
ByLites
Captions Photography
Centennial Bank
Lois Gean’s
Prestige Publishing
Reel Marketing
Stone Ward
William J. Clinton Presidential Center
The WFA would also like to thank the volunteers
who have donated their time and talents to make
the 12th annual Power of the Purse luncheon a
success: Nia Ahmad, Leila Alston, Holly Barron,
Ginger Beebe, Shayla Beebe, Margaret Bogle, Lisa
Buehler, Sericia Cole, Stacy Gibson, Dorothy Hall,
Kelly Harbert, Monika Hemenway, Wanda G.
Hoover, Marla Johnson Norris, Nancy Leonhardt,
Wonder Lowe, Joy Matlock, April McCullough, Hilary
McKinney, Ronya McLelland, Beverly Morrow,
Lauren Natale, Heather Pile, Tara Rainey, Maria
Reynolds-Diaz, Olena Romenska, Kathy Searcy,
Natalie Smith, Shelly Watson, Jennifer Watts and
Laura Wessinger.
Upcoming WFA Events
NOVEMBER 19 - GIVING CIRCLES WORKSHOP
“Using our Collective Power for Strategic Impact” A collaboration between the Center for Community Philanthropy and the WFA Clinton School of Public Service Little Rock, AR
JANUARY 11 - FOUNDER’S DAY TEA
Arkansas History Museum Little Rock, Arkansas
FEBRUARY 6 - GIRLS OF PROMISE CONFERENCE
Arkansas Tech University Russellville, Arkansas
FEBRUARY 20 - GIRLS OF PROMISE CONFERENCE
Arkansas State University Jonesboro, Arkansas
MARCH 6 - GIRLS OF PROMISE CONFERENCE
SouthArk Community College El Dorado, Arkansas
APRIL 17 - GIRLS OF PROMISE CONFERENCE
University of Arkansas at Little Rock Little Rock, Arkansas
MAY 1 - GIRLS OF PROMISE CONFERENCE
NorthWest Arkansas Community College Bentonville, Arkansas
OCTOBER - GRANT RECIPIENTS ANNOUNCED
Statewide
Watch for WFA’s monthly E-newsletters to arrive in your e-mail inbox the first Wednesday of each month for more information about the programs listed above and much more!
If you are not already receiving WFA’s E-newsletters and would like to, please visit the WFA’s website to sign up: www.womensfoundationarkansas.org