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FRIDAY, OCTOBER 23, 2009 11:30 A.M. TO 1:00 P.M. WALLY ALLEN BALLROOM Statehouse Convenon Center Lile Rock, Arkansas

Program: Power of the Purse 2009

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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

WOMEN’S FOUNDATION OF ARKANSAS 1202 S. Main Street, Suite 230

Little Rock, Arkansas 72202

www.womensfoundationarkansas.org