Barry University Philanthropic Impact Report 2022

SHAPING OUR FUTURE

Core Commitments

Catholic intellectual and religious traditions guide us in the fulfillment of our Mission. The Mission and values of the Adrian Dominican Sisters serve as the inspiration for our Core Commitments, which the University adopted in 2008.

KNOWLEDGE

AND TRUTH

Barry promotes and supports the intellectual life, emphasizing life-long learning, growth and development. The University pursues scholarly and critical analysis of fundamental questions of the human experience. In the pursuit of truth, the University advances development of solutions that promote the common good and a more humane and just society.

INCLUSIVE COMMUNITY

Barry is a global, inclusive community characterized by interdependence, dignity and equality, compassion and respect for self and others. Embracing a global world view, the University nurtures and values cultural, social and intellectual diversity, and welcomes faculty, staff and students of all faith traditions.

SOCIAL JUSTICE

Barry expects all members of our community to accept social responsibility to foster peace and nonviolence, to strive for equality, to recognize the sacredness of Earth, and to engage in meaningful efforts toward social change. The University promotes social justice through teaching, research and service.

COLLABORATIVE SERVICE

Barry is committed to serving local and global communities through collaborative and mutually productive partnerships. The University accepts responsibility to engage with communities to pursue systemic, self-sustaining solutions to human, social, economic and environmental problems

A Message from the President

As we embark on a new era of higher education, I spend much of my time thinking about the needs of our future workforce and how Barry University is preparing our students through hands-on learning. As the school of opportunity, we are addressing the demand for highly skilled workers in nursing, teaching, technology, entrepreneurship, podiatry and many other fields by providing our students with a personalized, values-based education centered on experiential and service learning.

Our programs respond to market conditions and address critical societal needs by giving students the tools and real-world experience that transform concepts into impact — which produces highly trained graduates who are ready to solve society’s biggest challenges.

For example, Barry’s newly formed School of Nursing is providing nursing students with real-world learning experiences and opportunities to work with patients throughout our local hospital systems. Our School of Podiatric Medicine is providing students with hands-on learning at its Foot and Ankle institutes and through medical missions in the Yucatan Peninsula.

Our Adrian Dominican School of Education, Leadership, and Human Development is addressing the critical shortages of teachers, counselors and human resources professionals in Florida. Students from Barry’s D. Inez Andreas School of Business and Public Administration are preparing themselves for careers with a ‘learning by doing’ approach through internships at the Miami Dolphins, the Miami Heat and the Miami Marlins, and by trading stocks or working at one of Miami’s new tech firms.

These opportunities are made possible through the generosity of our supporters. Your unwavering commitment to student success helps so many of our students achieve their dreams to become socially conscious leaders in the industries of today and tomorrow.

Thank you for your support and for partnering with us to produce the next generation of leaders. We are truly making a difference.

Sincerely,

Mike Allen, Ph.D. President

PURE PHILANTHROPY

Barry Students Inspire Generosity

People and organizations choose to support Barry for various reasons. I’ve noticed a growing trend that warms my heart — many are acting to ensure that access to education is not determined by a student’s financial situation. Donors are giving to help students, without recognition for themselves.

Sister Jeanne O’Laughlin, Barry president from 1981 to 2004, was a champion of making education available to all. Known for her compassion and perseverance, her influence is reflected in several gifts received over the last fiscal year.

While serving as the first woman on the Orange Bowl Committee, Sister Jeanne befriended Trish and Dan Bell. Friends of Barry for 40-plus years, the Bells created a scholarship in her honor and recently endowed it to celebrate her spirit in perpetuity.

Sister Jeanne also embodied the best in Catholic education, a field admired by Linda and Luis Perez. Linda worked through college, and she knows many Barry students also face financial challenges. The Perezes have made a meaningful impact through scholarships.

Barry’s School of Podiatric Medicine began under Sister Jeanne, and it has always had a relationship with the Podiatry Insurance Company of America.

PICA and its president, Ross Taubman, DPM, funded a scholarship to help alleviate debt and allow podiatry residents to focus on patient care.

The Garner Foundation has supported a variety of Barry students for decades. Today, Board of Trustees member Kimberly Topping Morris carries on her great-grandfather James Garner’s connection with the University. Meanwhile, Alumni Board member Avon King ’05 represents a new generation of supporters as he volunteers, mentors and gives back.

I hope these stories inspire you, and that you will take pride in all the ways you, too, are helping make Barry stronger.

Best Wishes,

TOTAL COMMITTED DOLLARS FY22

$5,588,151 Barry Fund $1,734,605

Opportunity and Other Scholarships $1,792,811 Programs and Student Awards $1,342,738 Endowment $1,397,708

Capital Improvements $26,123

TOTAL ENDOWMENT

$50M Dollars Generated from Endowments $852k Endowed Funds

83 Awarded Scholarships

289

Sponsorship and Other Event Income $177,863

WHO SUPPORTS OUR MISSION?

Foundations Friends Faculty/Staff

Corporations/Orgs

Bernadine Douglas, CFRE Vice President for Institutional Advancement

Alumni

The University closed out fiscal year 2022 with an endowment of $50 million, which included $35.1M of financial investments, $13.8M of real estate investments and $1.1M in our student managed investment fund. Even with the market challenges during fiscal year 2022, the University stayed within its investment policy statement goals, did not need to utilize any unrestricted endowment to meet the University operating needs and continued to manage a portfolio that is well balanced and invested with a long-term perspective. The University’s portfolio managers maintain the highest level of fiscal responsibility and oversight and are true partners in ensuring the long-term management and growth of the endowment portfolio. We are also very proud of our student managed investment fund team, which continues to make smart investment decisions and provide returns that beat many market professionals. We are confident that our endowed scholarships are well positioned to provide support to our students for a very long time.

HONORING A ROLE MODEL

Trish and Dan Bell Endow Scholarship Named for Sister Jeanne O’Laughlin

When Trish Bell met then-Barry President Sister Jeanne O’Laughlin through Orange Bowl Committee activities, a beautiful friendship blossomed. Over the following four decades, that working relationship deepened into a mutual love and respect among Sister Jeanne, Trish, and her husband, Dan, as they enjoyed many meals together and shared similar goals of making South Florida a better place for all, particularly the underserved.

“We regard Sister Jeanne as one of the most remarkable persons we have ever known,” the Bells say. “Her radiant smile, her sharp wit and her infectious joy at all times over almost all things always elevated the spirits of everyone around her. Her lifelong deep faith and her passion to help others were as easily observed as her extraordinary personality.”

Trish and Dan Bell grew up in Jacksonville in deeply Christian families. Basing their philanthropy on their core belief that you give back 10% of what you earn, as their income grew, so did their generosity. After they moved to Miami 45 years ago, Trish became increasingly active in community service. When Dan retired from a successful career in the pharmaceutical industry, he joined her in many of those undertakings. These include co-chairing the Patricia and Phillip Frost Museum of Science, where they led the effort to create and construct the new museum; being the principal funders and advisors to Branches, a nonprofit that mentors underserved youth and their families; and serving on the boards for the Florida United Methodist Children’s Home, the FIU Foundation and the Adrienne Arsht Center for the Performing Arts.

On Sister Jeanne’s 80th birthday, the Bells hosted a party for her and many of her biggest fans and supporters. There they started the Sister Jeanne O’Laughlin Scholarship Fund in honor of her remarkable contributions to Barry’s growth and in recognition of her commitment to making sure cost never prevents a student from receiving a Barry education.

The Bells permanently endowed the Sister Jeanne Scholarship to perpetually honor and remember her after her passing in 2019. “We know for certain that Sister Jeanne would much prefer she be remembered by continually providing an Adrian Dominican education to worthy students in need of support than by even the most glorious physical memorial,” the Bells explain.

They hope future recipients will work extra hard to make the academic opportunity provided by the scholarship a cornerstone of a successful and productive life. They also hope students will learn about Sister Jeanne and make an effort to emulate the longtime Barry president’s deep faith and passion for helping others.

Trish and Dan Bell

Pictured are three of the Sister Jeanne O’Laughlin Scholarship recipients: sophomore Tahlia Bankston, photography major; senior Lisette Barillis, political science major; and senior Natalie Rowe, forensic psychology major.

STEPPING UP WHEN IT MATTERS

Podiatry Insurer Builds Reciprocal Relationship with School of Podiatry

Ross Taubman, DPM, is fully invested in every aspect of the podiatry field. After spending a large part of his career as a practicing podiatrist, in 2012 he became president and chief medical officer of the Podiatry Insurance Company of America (PICA), a longtime partner with Barry University’s School of Podiatric Medicine. PICA has been the school’s insurer since its start, but Ross considers the relationship to be more of a strategic partnership rather than one of simply a vendor and client. Over the years, PICA’s support for Barry’s mission has included providing speakers and monetary donations for services, programming and educational opportunities. “Even as an insurer, it is in our DNA to ensure that future podiatrists are well versed in the field and well educated,” Ross says.

A source of pride for Ross is PICA sponsoring the school’s annual Rite of Passage Ceremony, which marks the completion of classroom studies and the beginning of clinical rotations. White coats are placed on students’ shoulders, and they recite the Hippocratic Oath, signifying their entrance into the medical profession. The organization also supports podiatry students annually through the PICA Scholarship, which was awarded for the first time in August 2022.

Students who have been touched by PICA’s generosity often reach out to show their appreciation, calling to say what a difference PICA’s support has made in their lives. “Nothing gives me more joy than to hear that a student we helped is now helping somebody else along the way,” Ross explains.

Of PICA’s four core values, integrity, leadership, enthusiasm and relationships, Ross put the emphasis on relationships. The connection between PICA and Barry University has deepened over the years, allowing for reciprocal learning and mutual growth. For example, as PICA moves forward to explore its own diversity, equity and inclusion initiatives, it takes lessons from Barry’s diverse student body, faculty and administration. For Ross and his colleagues at PICA, “It’s a relationship that has continued to evolve over 22 years, a journey that we’re on together.”

As seen here, a source of pride for Ross Taubman is PICA sponsoring the School of Podiatric Medicine’s annual Rite of Passage Ceremony. thers hope to give them the opportunity to go to college.

Ross Taubman, DPM President and Chief Medical Officer Podiatry Insurance Company of America

RESPONSIBILITY TO SERVE

Linda and Luis Perez Promote the Benefits of Catholic Education

Linda and Luis Perez have a very personal understanding of how difficult it can be to overcome barriers and attain a college education.

As one of the first generation in her family to attend college, Linda knew she would have to pay for it on her own. She began working at age 14 to save money for her tuition and eventually put herself through school, working while earning a bachelor’s degree and then continuing with a law degree. She held a judicial clerkship in Washington, D.C., before becoming a commercial litigator in Orlando.

Luis immigrated to Central Florida from Cuba. He attended a public high school that did not accommodate non-English speakers. By the time he graduated, he had received a scholarship to Rollins College. Today, Luis is a corporate lawyer with Reed Smith in South Florida, with a special focus on the renewable energy sector.

The Perezes not only support education in general, they strongly believe in Catholic education and its commitment to making a social impact. Linda attended Catholic school from kindergarten through high school, and both she and Luis graduated from The Catholic University of America Columbus School of Law in Washington, D.C. Their daughter attended 17 years of Catholic school as well, and is currently earning double master’s degrees at Boston College.

“A Catholic education emphasizes making a difference in the world, understanding a responsibility to serve and being community focused,” says Linda.

The scholarship Luis received made a big difference in his life, inspiring him to pay it forward, particularly for minority students. Realizing that their values aligned closely with those of Barry University, Linda and Luis established an Opportunity Scholarship at Barry that would provide a partial scholarship each year for all four years for a student who might otherwise not be able to complete a degree.

Linda also gives her time to Barry as a member of the Board of Trustees, an experience she describes as enriching. “I’m getting to know about the school, the academic offerings, the student population and just how important Barry is to the community,” she says. Her early financial challenges mirror those of many Barry students, so she brings a valuable perspective to the role.

Linda and Luis Perez

“A

Catholic education emphasizes making a difference in the world.”

— Linda Perez

GENERATIONS OF SUPPORT

The Garner Foundation Makes Giving Back a Family Tradition

After growing up just blocks from Barry University, Kimberly Topping Morris has fond memories of riding her bike on the campus and attending events there, including the Miami Herald spelling bee in sixth grade. Now a member of Barry’s Board of Trustees, Kimberly feels right at home. It’s not surprising, since members of her family have lived in Miami Shores for more than 100 years, and their involvement with the University spans four generations.

“I’ve always thought of Barry as interwoven into our community,” she says. “The faculty and staff respond to what’s going on in the communities around us, and the students who go there are excited to be there. I want to be involved to help Barry be the best it can be, keep serving local Miami but also attract students from across the country and internationally.”

Kimberly’s great-grandfather, James G. Garner, was a Miami banker and businessman who believed in investing locally and giving back. Even before he started the nonprofit, family-run Garner Foundation, he donated Garner Hall, an integral part of Barry’s campus today. Since its founding in 1987, the Garner Foundation has consistently enhanced and expanded its relationship with Barry, including making a lead gift for the Adrian Dominican Institute for Mission and Leadership, supporting Barry athletics and being one of the first to fund Opportunity Scholarships that support each student recipient with a partial scholarship every year for four years.

Kimberly’s uncle, Gerald “Jerry” Moore, is now the managing director of the Garner Foundation, which focuses primarily on education but also assists local hospitals, youth groups and general community

development. A familiar presence at Barry, he served on the Board of Trustees for more than 20 years. His brother, James Moore, an avid golfer, has played in Barry’s golf tournaments since they began. And Kimberly had the pleasure of watching her mother, Janice Moore Topping, graduate from Barry after she went back as a nontraditional student.

Kimberly, an attorney who does regulatory compliance consulting, is excited to be following in her uncle’s footsteps and serving on the Barry Board. “It’s very personal to me,” she says. “When I think about Barry, I see an interesting mission and focus. They really get to know their students, many of whom are the first in their family to go to college. It’s a wonderful place. Barry has a lot to offer, and it’s worth believing in.”

Kimberly Topping Morris

The Garner Foundation is a family affair, including siblings Janice Moore Topping (Kimberly’s mother), Anne Moore Paulk, Gerald W. Moore and James W. Moore.

BARRY ALUMNI BOARD SPOTLIGHT

Avon knew Barry was the place for him when he took the campus tour and his guide was from St. Croix, a neighbor to his native St. Thomas in the U.S. Virgin Islands. Avon felt instantly at home and went on to study finance and economics at the Andreas School of Business, then entered the financial services industry. He has worked at Morgan Stanley for the last nine years and believes the future looks bright.

How was your experience at Barry?

It was awesome. Barry created a wonderful community for me — people with whom I still have deep conversations about life and careers. I want to keep that community effect multiplying by staying connected and involved.

Why did you get involved with Barry’s Alumni Board?

Once I started to see professional success, I went back to the center of who I am and knew it was important to me to give back. I jumped at the chance to be an Alumni Board member because I’m finally far enough into my career that I feel I have something to contribute. The Board is full of great people who have the same passion I do for the University.

What has been your experience as a Board member?

I sit on the Scholarship Committee, and I do informal and formal mentoring. As a younger Board Member, I’m a closer link to the students. It took me almost 10 years to get to where I am [professionally], but maybe I can help other students get there in five years.

How can alumni contribute?

You can volunteer time or offer a helping hand at events. You can share your knowledge and your network. You can also contribute monetarily. It’s not necessarily about giving large sums of money, but more about frequency and building it into your lifestyle. Additionally, younger alumni can pay it forward by being an example for the students.

Avon King ’05

Avon King ’05