mark dantonio - MSU Alumni Association - Michigan State University

More documents

Recommendations

Info

Investing in MSU offers a sound return, as MSU’s average annual return of 13.2 percent ranks 23rd of 443 institutions. MSU LEADERS SUPPORT ENDOWMENTS WITH THEIR OWN CONTRIBUTIONS 13.2% at 23rd of 443 institutions reporting. “Michigan State has proven for many years now that our method of investing—combining funds marked for endowment in our Common Investment Fund and then stewarding that with great care—has achieved excellent results,” said MSU President Lou Anna K. Simon. “We have been ranked highly nationally for a number of years, and we have risen significantly in the ranks of the Big Ten since the start of our campaign, moving from last to the middle of the pack with a total endowment over $1.4 billion.” Impressive, for sure, but there is the need to raise some $80 million more to reach the goal set by the MSU Board of Trustees and campaign organizers. It is a huge feat, but certainly not insurmountable considering the gains generous donors have helped MSU make to date. The hope for the future impact of endowments is tremendous, and President Simon pointed to a specific example. “When you take into consideration that Harvard University has had at least some of its private contributions managed as endowed funds since its inception in 1636, there is no wonder that they are so far ahead of the game with an endowment with an overall value of $29.2 billion as last reported,” she said. “One of our earliest recorded endowed funds is from 1917, and our endowment total may seem small by comparison, but Harvard has been at it for nearly 300 years longer than we have. Their endowment has grown so much over that period of time that they are now able to have over 30 percent of their operating budget paid for with endowment dollars. “We don’t need to compare ourselves to Harvard, because MSU has its own unique place in the world, ” President Simon continued, “but their example makes the significance of and potential of investing in endowed funds quite clear.” Clear indeed. The Campaign for MSU has entered its final year. To raise an additional $80 million for endowment would make it the most given for endowment in a single year in MSU’s history. Hundreds if not thousands of scholarships, fellowships and funds for a variety of purposes are secured for the university’s future when gifts are made today. “Reaching our endowment goal would be quite an accomplishment,” President Simon said, “but I think Spartans are up to the challenge. It is a great way to link your legacy with our future, forever.” Rick Seguin, ‘90, M.A. ‘99, is assistant director of marketing programs with University Development and sings professionally with a Lansingbased group called Any World. President Lou Anna K. and Dr. Roy J. Simon Any time you’re thinking of investing time or money in a particular organization or activity, one of the telltale signs of the wisdom of that investment is whether or not the leaders of that organization invest in it themselves. Michigan State is fortunate to have among its leaders very generous donors as well, and one need not look further than the president and provost. For years, Dr. Roy J. Simon, MSU’s Director of Telecommunication and Transportation Systems, and President Lou Anna K. Simon have given monetary gifts to the university. They recently added a significant amount to their total contributions via a gift from their estate. The gift elevated them to the newly formed Clifton R. Wharton Society, and all of it was directed toward endowed funds. They will substantially add to an endowed fund they previously created that provides financial aid to students in the School of Music, especially those in the Jazz Studies Program; they will also add to another existing scholarship established by Roy Simon’s parents, Mary Jane and Theodore B. Simon, to support students majoring in business or engineering who also work at the Physical Plant Division; and the rest of their estate gift will establish a new scholarship in the School of Music, The Drs. Lou A. and Roy J. Simon Endowed Marching Band Scholarship. When Provost Kim A. Wilcox and his wife, Diane Del Buono, decided to make a financial commitment during The Campaign for MSU, they chose to apply their donation to a cause dear to their hearts: sustainable farming systems throughout the world. They have Kim A. Wilcox and his wife, Diane Del Buono entrusted MSU with a generous gift to fund an endowment that will enable the MSU Libraries to established a collection on this topic that will hopefully be used by scholars who will add to the body of research necessary to one day eradicate hunger through agricultural practices that are sustainable. “A strong library is the core of a university, and Diane and I are proud to help strengthen MSU’s core,” Provost Wilcox said. “It is even more satisfying to be able to also invest in one of our personal interests.” The gifts of these campus leaders show much faith in MSU’s ability to manage funds well and use the proceeds to accomplish great things. Page 18 Winter 2007 MSU Alumni Magazine 046957070001_16-19.indd 18 1/30/07 10:23:01 AM
The MSU Office of Planned Giving A Valuable Resource for MSU Alumni Our gift planning professionals can assist you in exploring, at no cost or obligation, gifting strategies you may incorporate into your comprehensive estate plans. We will help you fulfill your philanthropic desire to remember and support the college, department and/or Spartan athletic, cultural or academic program of your choice at Michigan State University. For assistance, contact: Dan Chegwidden James Obear Tina Daniels Kathy Fore Shannon Duvall Office of Planned Giving University Development Michigan State University 300 Spartan Way East Lansing, MI 48824-1005 (517) 884-1000 www.givingto.msu.edu Click Right Through for MSU www.msualum.com Page 19 046957070001_16-19.indd 19 1/30/07 10:23:16 AM
Page 1 and 2: MARK DANTONIO MEET MICHIGAN STATE
Page 3 and 4: Michigan State University • Winte
Page 5 and 6: INBASKET FUN, FLOATS AND THE FROG Y
Page 7 and 8: license agreements for new technolo
Page 9 and 10: sor of chemistry, and colleagues Da
Page 11 and 12: The MSU Alumni Association would li
Page 13 and 14: ROBERT GOLDBORT: WRITING FOR SCIENC
Page 15 and 16: president of Raphael-Leritz Consult
Page 17 and 18: The Danube River ~ Vienna to Buchar
Page 19: MSU needs some $80 million more to
Page 23 and 24: THE STUDENT ALUMNI FOUNDATION EMERG
Page 25 and 26: $100,000—most of which it raises
Page 27 and 28: Weekend, a series of events for par
Page 29 and 30: U SING ON ARTS AND HUMANITIES ties.
Page 31 and 32: citement, the pleasure, the improvi
Page 33 and 34: Photo courtesy of MSU Sports Inform
Page 35 and 36: you come here, we can feature you i
Page 37 and 38: A VERTICAL STRETCH FOR WOMEN’S HO
Page 39 and 40: Big Opportunities at the Big Ten Ne
Page 41 and 42: KEDZIE REUNION 2007 MICHIGAN STATE
Page 43 and 44: Photo courtesy of Pat Page Spartans
Page 45 and 46: White House Photo by Paul Morse SPO
Page 47 and 48: Heidi Potter MSU Bike Project, is c
Page 49 and 50: MSUFCU Study Abroad Scholarship rec
Page 51 and 52: she was a project management superv
Page 53 and 54: Ronald Rickens, Sr., ’58, of Alto
Page 55 and 56: 046957070001_Covers.indd 5 1/30/07

mark dantonio - MSU Alumni Association - Michigan State University

Create successful ePaper yourself

Delete template?

Save as template?