Boston College Annual Report, 2014

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annual report

Structural Change the light the world campaign at $1.26 billion—and counting

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From the President

the partnership between boston college and its lay supporters

dates to our earliest years. On November 22, 1863, three years after the school building was completed in the South End and six months after the College received a state charter, President John Bapst, S.J., met with a small group of Boston’s Catholics. He told them that he needed their help, that construction costs had left the school in debt, unable to open. Before the meeting was over, one of the men present passed Fr. Bapst a note saying that he would pledge $20,000 if “the congregation”— likely meaning members of the Immaculate Conception parish that was associated with the school—would commit to raising an equal amount. That man was Andrew Carney, 69, an Irish-born tailor who had made a fortune in clothing manufacturing. Sadly, Carney died before the College admitted its first students, but his estate fulfilled his pledge, and “the congregation” raised $27,000 dollars. Fr. Bapst himself joined the effort, organizing a 10-day “Grand Fair in Aid of Boston College” at a downtown theater. And on September 5, 1864, the College opened its doors to 22 students. Since then, much has changed at Boston College and in the world it serves. But the partnership between Boston College and its lay supporters has only grown stronger and more vital—to the great benefit of our mission and wider society. Fr. Bapst and his lay associates would be pleased.

william p. leahy, s.j. University President


Introduction annual report

2014

In October 2008, Boston College launched Light the World, a seven-year, $1.5 billion capital campaign that was the most ambitious fundraising effort in its history. Among the central goals were to strengthen the University by bolstering financial aid, the faculty and its research initiatives, campus facilities, studentformation opportunities, and Boston College’s

Structural Change the light the world campaign at

$1.26 2

billion — and counting

financial aid

Jesuit, Catholic mission.

6 endowed professorships

Since then, Light the World has changed the

10 stokes hall and cadigan alumni center

University through the acquisition of $1.26 billion in gifts. Among other highlights, it has generated $244 million for financial aid and an additional $59 million in scholarships

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campaign donors

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facts and figures

for student-athletes. It has endowed 25

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professorships and provided $46 million in

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jesuit, catholic mission

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athletics scholarships

leadership-level gifts, and received contributions

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from the chair

from 122,000 alumni, parents, and friends, as

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year in review

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financial report

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statistical and financial highlights

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board of trustees 2013–14

funds that promote collaborative student-faculty research. It has garnered $876 million in

well as 25,000 donations to Jesuit, Catholic heritage and student formation efforts. Four buildings—Stokes Hall, Stayer Hall, the Cadigan Alumni Center, and Maloney Hall—have been dedicated. So far.

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Midday in front of Stokes Hall Photograph by Caitlin Cunningham

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boston college annual report

2014

‘Basically, it changed my life’ light the world has raised

million to strengthen the university ’ s commitment

to need - blind admission and financial aid for thousands of undergraduates , including four profiled here

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CIARAN CLEARY ’17

Although she is a first-generation college student, Meghan York says she learned about the importance of higher education primarily from her mother and father. “Both my parents are physically disabled, from workplace accidents,” says York, an English major and international studies minor from Florida. “They believe in investing in your mind rather than your body, because you don’t know how long you’ll have" your body, she adds. York credits Options Through Education (OTE) for her successful transition to academics and student life at Boston College. Sponsored by the Office of AHANA (African-American, Hispanic, Asian, and Native American) Student Programs, OTE is a sixweek transitional summer program for incoming freshmen who have demonstrated potential and leadership, despite challenging educational and financial circumstances. “It really set before me the whole four years. It exposed me to all of the resources of campus. It made me feel included in the larger community,” says York. “And it gave me my closest friends.” Another highlight was Madrid in the summer of 2013. York went with six other Boston College students and international studies professor Hiroshi Nakazato, as part of the McNair Scholars Program. Funded by the U.S. Department of Education, it prepares first-generation college students for graduate study. The purpose of the McNair Scholars Program is to give these students a mix of experiences, including travel study and research. York took a course, Globalization, Culture, and Identity, with Nakazato, and did research focused on the emergence of queer theory in academia. The McNair Scholars visited museums and historic sites as a way of acquiring “cultural capital,” she notes. While abroad, they also got help with graduate school applications. York hopes to pursue graduate study in education or psychology, but for now, she’s with Marked Point, a San Francisco marketing and digital media startup—“a good way to learn a lot of different things.”

Ciaran Cleary grew up within walking distance of another Jesuit university, Santa Clara. But he says he never had any doubt about wanting to travel 3,000 miles to attend Boston College. “If you’re from a Jesuit high school and have been playing hockey since you were four years old, and following BC hockey since you were in middle school, that’s where you want to go,” says the Carroll School of Management student. He was a defenseman at Bellarmine College Preparatory in San Jose, California. Cleary is still blocking shots—for Boston College Club Hockey, a student-run team that competes with similar clubs around the Northeast. He’s also taken in cultural attractions such as The Book of Mormon and Blue Man Group, the experimental music and performance mainstay in Boston’s Theater District, and a Bruins game. But his most formative experience so far, he says, has been Portico, a mandatory three-credit, multidisciplinary course all Carroll School students take in their freshman year. It introduces them to the intersection of ethics, leadership, and globalization in contemporary business. Cleary, who intends to focus on marketing, says the class changed the way he thinks about the private sector. “A business is basically a community. It’s about commitment and loyalty, and having each other’s back, just like on a team,” he points out. Though he is neither Catholic nor a religious believer, Cleary says he looks forward to taking part in some of Boston College’s many spiritually oriented retreats and service trips. He says that at his all-boys Jesuit high school, “I felt a brotherhood that I had never felt before. And I’m getting the same kind of feeling at Boston College.”

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MEGHAN YORK ’14

meghan york (top) and ciaran cleary


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boston college annual report

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financial aid

STEVEN JEFFERSON ‘14

MONICA SANCHEZ ’14

In his freshman year, Steven Jefferson took an introductory sociology class to fulfill a requirement. The course turned out to be a revelation. “Basically, it changed my life,” recalls Jefferson, who comes from Baltimore, “It gave me the language and the tools to unpack and dig down into some pressing issues in our society.” Those include race, ethnicity, and educational inequality. The exposure to the subject “completely changed my outlook on society, how we interact, how we make meaning.” Jefferson decided to major in sociology with a minor in African and African Diaspora Studies. He dug deeply into the discipline, attending national and regional meetings of groups such as the American Sociological Association, where he frequently delivered papers at undergraduate sessions. Travel costs and conference fees can be steep. But the sociology department, the Arts and Sciences dean’s office, and various student support programs covered or helped pay for his travel to the meetings. Those offices “definitely gave me the resources and support, but I also felt their encouragement to really commit to scholarly pursuits and prepare me for my next steps,” Jefferson says. This fall, Jefferson begins doctoral studies in sociology at Duke University. He wants to teach college-level sociology. Ultimately, he hopes to become a college or university president. “One of the great things about BC is that it’s allowed me to pursue so many things, to develop all the different parts of my identity. Academics are important, but I’ve also been able to grow spiritually and socially,” says Jefferson, who spent two years as a resident assistant in the residence halls and was active in student organizations such as the Black Student Forum. “My experience at BC has catered to every aspect of who I am. And that’s really amazing.”

Shortly after 2014 Commencement, Monica Sanchez headed to the nation’s capital to start a prized internship with the Heritage Foundation, a leading conservative Washington, D.C., think tank for foreign and domestic policy issues. Focused on writing and research, the internship puts Sanchez on a path toward becoming a political analyst and media commentator, her career ambition. The only child of a single mother who emigrated from Ecuador as a teenager, Sanchez was born in the South Bronx, and moved with her family to San Diego. She attended Catholic high school while her mother put herself through law school and became an immigration lawyer. Sanchez had little idea when she arrived in Chestnut Hill what she wanted to study or do after college. So she explored what Boston College had to offer. She took courses in political science and communication, which became her majors. She wrote for the Heights and Uncommon Sense, Boston College’s Political Science Association journal. She also threw herself into campus dance life, as captain of UPrising Dance Crew, a hip-hop ensemble. “I learned a lot about myself” in the process, Sanchez says. “I didn’t know I had all those communication skills. I didn’t know I could run a [dance] team of 22 people, and basically be the mom for all of them.” Nor did she expect to develop a passion for serious and civil political dialogue. “I myself would never want to be a politician. But I’d like to be a voice of reason, a non-polarizing voice,” Sanchez says. “I think there’s a great need to go beyond the binary political opposites. I feel it’s an important calling.”

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steven jefferson (top) and monica sanchez

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boston college annual report

2014

‘Tiny weapons, huge hopes’ recognized for their scholarship and teaching , the three faculty members profiled here are among

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who have received endowed professorships during the course of

the campaign . the sesquicentennial challenge assures there will be more

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MICHAEL J. NAUGHTON

MARY ANN GLYNN

Michael J. Naughton became chair of the physics department in 2006. Three years later, he was named the Evelyn J. and Robert A. Ferris Professor. During the years since, his research has shifted from “hard” or condensed-matter physics toward activities in integrated and applied physics. And the headlines have followed. As an endowed professor, he has attracted wide attention to projects that target an expansive array of challenges. These include research that has applications to diseases such as prostate cancer and macular degeneration, as well as to solar energy and other pursuits. Common to his research is the development of nanoscale devices (“Tiny Weapons, Huge Hopes in the Fight against Cancer,” read one Boston Globe headline in 2008). His latest project involves modifying the nanochip for use as a high-resolution neurosensor, which could interface with the brain to inhibit neurologic dysfunction—an epileptic episode, for example. “One of the exciting things about this research is its inherent interdisciplinary nature,” says the physicist, pointing to contributions from professors and graduate students in disciplines including biology, chemistry, math, and psychology that are essential to the work. Naughton has begun offering undergraduates a course titled Nanoscale Integrated Science, an introduction to nanotechnology and connections between the disciplines. Students work on projects at the Integrated Sciences Cleanroom and Nanofabrication Facility, a contaminants-free laboratory on the Newton Campus. “I tell students that if I was in their shoes, I’d live 24/7 in that facility,” says Naughton. As department chair, Naughton offers every physics major a “100 percent guarantee” of a research opportunity. He notes that year-round, his laboratory in Higgins Hall races to keep up with the undergraduate demand for research experience.

Named the Joseph F. Cotter Professor at the Carroll School of Management in 2008, Mary Ann Glynn’s research has centered on social and cultural forces that shape markets and organizations. Her current book project examines a topic she has probed for more than a decade: the emergence of a cultural and market category—“lifestyle”—and its early promoter, Martha Stewart. In part, Glynn is looking at how the Stewart organization recast cultural customs, symbols, and sentiments as products. Take holiday rituals, for example. In her books, magazines, TV shows, and a thriving website packed with perennial features such as “Your Last-Minute Guide to Hosting a Flawless Thanksgiving Dinner,” Stewart sells goods and dispenses advice to millions of consumers. She epitomizes the “cultural entrepreneur, someone who’s in the business of supplying cultural goods that resonate with prevailing cultural or societal sentiments,” says Glynn. Her book, tentatively titled Living the Lifestyle: The Cultural Impact of Martha Stewart, is due out from Stanford University Press in 2016. Another of Glynn’s projects deals with how cultural perceptions shape, make, or break the emergence of an entire industry. In this case, she has looked at the “non-emergence” of online groceries and delivery services, or what she calls “the market that wasn’t.” Glynn and her colleagues have found evidence that online grocery firms that emerged in the late 1990s were, above all, a conceptual failure. They failed because they couldn’t agree on a shared vision of their market category. Some branded themselves as revolutionary “e-grocers,” others were positioned as mere delivery services for brick-and-mortar groceries. The upshot: Online groceries “didn’t seem understandable or coherent” to investors, customers, and analysts, Glynn finds. Without a compelling concept, there was little chance of “changing long-standing cultural orientations” such as the habit of going to the grocery store.


michael j. naughton (top) and mary ann glynn

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david miele


boston college annual report

2014 |

endowed professorships

DAVID MIELE David Miele arrived at Boston College’s Lynch School of Education in September 2013 to teach educational psychology. In February, he was appointed the Buehler Sesquicentennial Assistant Professor, the first named of what are expected to be 10 Sesquicentennial Challenge chairs (see related item). His position was funded with a gift from University Trustee John E. Buehler Jr. ’69 and his wife, Deborah. Miele focuses on “metacognition,” self-regulated learning, and motivation—the processes by which students assess their academic performance and goals. He looks at how children evaluate their grasp of assigned material, and how that affects their strat­ egies for studying. Surprisingly little research has been done on students’ self-motivation when they’re faced with

increased academic challenges. One of his clinical findings is that students are pretty good at determining whether their current levels of commitment are equal to a given learning task (for example, whether they’re careful enough when solving a challenging math problem). “But they’re not always good at putting this awareness into practice,” by being more careful or figuring out ways to increase their motivation. In a current study, he is examining how parents’ beliefs about their children’s natural abilities in math and reading influence the academic help and guidance they provide when the children approach those subjects. Miele finds that the more parents believe their children’s intelligence is fixed, the less likely they are to help them truly learn and understand the material.

Sesquicentennial Challenge At colleges and universities, endowed chairs are generally bestowed on tenured senior faculty members, to support their teaching and research. In 2013–14, Boston College began offering endowed positions to a select group of assistant professors through the Sesquicentennial Challenge program. The idea behind these new chairs is to support junior faculty research and early-career development while helping

Boston College “attract the very best faculty who are going to be the stars of tomorrow,” says Vice Provost for Faculties Patricia DeLeeuw. An anonymous Boston College alumnus launched the Sesquicentennial Challenge, offering to match $500,000 for every $1 million put forward by other benefactors (adding up to a $1.5 million endowment for each assistant professorship).

The University expects to set up as many as 10 sesquicentennial challenge chairs for assistant professors. The first two announced went to Lynch School of Education Assistant Professor David Miele, who became the Buehler Sesquicentennial Assistant Professor, in February (see related item), and Assistant Professor of Political Science Jennifer Erickson. She was named the White Family Sesquicentennial Assistant Professor, in recognition of a gift from Susan and Michael White ’74, in April.

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boston college annual report

2014

Conversations at the heart of education the idea of buildings as expressions of mission was implicit in the development of these new structures

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CADIGAN ALUMNI CENTER

STOKES HALL

On a November evening in Cadigan Alumni Center, more than 100 Boston College alumni, together with students, parents, and faculty, gathered in the atrium to hear Mark Massa, S.J., dean of the School of Theology and Ministry, discuss “Five Things the Catholic Church Must Face Today.” Scheduled for an hour, the event ran nearly twice as long, with Massa taking questions and comments from lecture goers—a mix of young and old, men and women— who stood to share their experiences, or express their frustration, with life in the pews. After the Q&A, the conversation continued for another hour in small groups over hors d’oeuvres. It was another night in Cadigan. Dedicated in June 2012, the building on the Brighton Campus is on its way to becoming what Joy Haywood Moore ’81, associate vice president for alumni relations, calls “the alumni hub” of Boston College. Reconstructed from what was once the Archdiocese of Boston’s chancery, the airy new structure houses the University’s Office of Advancement (Development) and Alumni Association. It was named in recognition of a $15 million gift to Light the World from Patrick F. Cadigan ’57, a southern California real estate investor and former high tech CEO who credits his Jesuit education for his success. The center he made possible is a “home away from home” for alumni, Moore says. Events at Cadigan during the 2013–14 academic year included the “Deans Series” of lectures by Massa and fellow Boston College deans, an evening of speed networking sponsored by the Boston chapter of Eagles Connect, a lecture by former President of Ireland Mary McAleese, a Winter Wonderland, and an AHANA-Cape Verde Student Association Alumni Banquet. Cadigan plays host to visiting alumni and parents, who can help themselves to coffee, leave their bags in a designated room, or use a guest office. And there’s meeting space for a growing number of alumni affinity groups. Underscoring the permanence of a building, Moore says Cadigan’s simple message is that “alumni involvement is important to the future of Boston College. And it’s not going away.”

On a misty late afternoon in March, about a dozen students queue up for coffee, desserts, and salads in the Stokes Hall Chocolate Bar. A smaller group congregates at the pickup counter as a barista calls out, “caramel latte, small,” and “Earl Grey.” Some 50 or so students and others sit at tables with their croissants, muffins, and espresso drinks, while others relax in armchairs and on couches in an oak-trimmed common area. A middle-aged woman—likely a faculty member— sitting at a table with a trio of students, dips a plastic spoon into a dish of gelato as she critiques a book review she’d read. Snatches of conversation—“Is that for Business Law?” and “You gotta post that”— float above the colloquy in a room lit by a lofted chandelier and tall windows with an eastward view of Fulton Hall. The talking, thinking, laughing, eating, and drinking are altogether to the point of Stokes, a 36-classroom home for the liberal arts that opened its doors in January 2013. Winner of the Institute of Classical Art & Architecture Bulfinch Award and a Palladio Award for New Design and Construction over 30,000 square feet, it is named in appreciation of a $22 million gift by Patrick T. ’64 and Anna-Kristina “Aja” Stokes. The $78 million structure blends in with the Middle Campus’s English collegiate gothic surroundings. It houses the classical studies, English, history, philosophy, and theology departments, the Honors Program, and offices for First Year Experience and the Academic Advising Center. The aim is to promote the “incidental and coincidental contacts” leading to the “meaningful conversations that are at the heart of a liberal arts education,” says David Quigley, the former dean of the College of Arts and Sciences, who was recently appointed University provost and dean of faculties. Those conversations extend across four floors and two wings, hallways with recessed benches and leather armchairs, the Honors Library, a café, and the outdoor amphitheater.


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CADIGAN ALUMNI CENTER

( photos a, b, and c ) the two-year-old “alumni hub� draws crowds to lectures, alumni socials, networking sessions, and seasonal events.

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STOKES HALL

( photos d, e, and f ) english instructor martha hincks (above, right) talks to students in stokes hall, new home of the liberal arts at boston college.

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boston college annual report

2014

‘The rest is up to you’ the benefactors profiled here give evidence of the variety of gifts and the multitude of motivations that have animated

122,434 donors

to the light the world campaign

KATHLEEN BUCKLEY ’63 AND MAURA BUCKLEY ‘66 When they were small children growing up in Cleveland Circle, people sometimes asked Kathleen Buckley and Maura Buckley, “Where are you going to college?” They always answered quickly: “Boston College,” they would say, pointing toward Chestnut Hill. Adults tended to laugh just as quickly, because the promising young pupils’ campus of choice was still an all-male bastion in the late 1940s and early 1950s. The sisters came by their confidence honestly. Both were baptized in the chapel of St. Mary’s Hall as parishioners of St. Ignatius, before the parish had its own building. “For a while I went to Sunday school right there,” Kathleen said in an interview in Gasson Hall, gesturing toward the building’s auditorium. Maura interjected—“And I played with my mom outside on the steps,” waiting for Kathleen to be dismissed. Their parents, Daniel and Marie, were married in St. Mary’s. Daniel, whose dream as a child had been to attend Boston College, rooted for the Eagles

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in all seasons. His parents could not afford college tuition. But he made sure his daughters fulfilled their dreams. Both sisters graduated from Boston College’s School of Education. Maura became a reading specialist. Kathleen, who later earned a doctorate in educational administration from Boston College, was a principal and later assistant superintendent of public schools in Winchester, Massachusetts. Both now teach at Cambridge College, which specializes in educating adult learners. Maura is a senior lecturer in childhood and elementary education, and Kathleen teaches school administration. Six years ago, the sisters decided to make a substantial planned gift to Boston College, in tribute to their parents. The University, says Kathleen, has “stayed true to its mission” of promoting the liberal arts and providing generous financial aid. Some future Lynch School of Education students will benefit as recipients of the Daniel J. and Marie Buckley Family Fund for need-based scholarships.

kathleen buckley (left) and maura buckley


Facts and figures the light the world campaign

$1.26

BILLION

Campaign total to date

$876

MILLION

Leadership-level gifts for vital priorities

122,434 25

Alumni, parents, and friends have donated

ENDOWED PROFESSORSHIPS E S TA B L I S H E D

$244

MILLION

Financial aid money raised to date

$59

MILLION

Endowed scholarships for student-athletes

$46

MILLION

Endowed funds to support student research with faculty

24,954 Donors to Jesuit, Catholic heritage and student formation

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boston college annual report

2014 |

campaign donors

DRAKE BEHRAKIS ’86

On a late afternoon in early April, in a corner of the Mods, a tall young man wearing a pink sweatshirt, tan chinos, and deck shoes gave direction through a bullhorn to four students crowded at a chalk-drawn starting line. The two men and two women were on their marks—squeezed into mini-tricycles. “The only rule is that your butt can’t leave the seat. The rest is up to you,” announced Joe Nuccio ’14, a leader of the Boston College Mod 500, a rapid succession of tricycle relay races around the Lower Campus residences that drew 75 spectators. Four teams of six competed in the races, but not for grand prizes. Indeed, in order to participate, contestants had to make a parting gift to their alma mater to be. The 500 was one of a series of events sponsored during the year by the 2014 Senior Class Gift Committee. The group encourages students to make a first gift before graduation—“to honor what we love about Boston College,” says Nuccio, a psychology and human development major at the Lynch School and one of four committee co-chairs. Other Senior Class Gift events included an “Ugly Sweater Party” held at Christmastime at Cityside in Cleveland Circle, and a grilled cheese social on the Plex patio in October. The point is to “associate giving with a fun experience, to remind us of how great it is to be a Boston College student,” says Kelly Farrell ’14, a political science major who coordinated the committee’s marketing. The committee campaigned for 70 percent of the senior class to donate, an unprecedented proportion. (The figure was chosen because it represents the percentage of students who receive financial aid from the University.) By Commencement, 1,562 members of the class of ’14—70.3 percent—had answered the call.

A little more than a decade ago, Drake Behrakis was reflecting on the connections between his GreekAmerican heritage and the liberal arts education he received at Boston College. “Everywhere you look in a liberal arts education, you find these traces, these pieces of Hellenic thought and ideals,” says Behrakis, CEO of Marwick Associates, a real estate investment and development company. Classical studies, both Greek and Roman, “have always been at the root of an education at Boston College.” With that in mind, Behrakis began conversations with Boston College leaders about how he and his wife, Maria, could help foster Hellenic and classical studies at the University. Those have led to a series of major gifts aimed at promoting excellence in this academic realm. In 2010, for instance, the University inaugurated the Behrakis Professorship in Hellenic Political Studies, held by political scientist Robert Bartlett. Bartlett’s contributions to the field have since included a new and critically acclaimed translation of Aristotle’s Nicomachean Ethics, published in 2010. The Behrakis Family Hellenic Studies Program has funded activities that include research by professors in the classical studies department; undergraduate study abroad (through the Maria E. and Drake G. Behrakis ’86 Fellowship for Study in Greece Fund); and student athletics. (Behrakis notes the connections between athletic and intellectual development in the classical Greek worldview.) The family has also supported forums, seminars, fellowships, and other scholarly activities. The wide breadth of activities pays tribute to Boston College’s emphasis on educating “the whole person,” mind, body, and spirit, Behrakis says. “At Boston College, I had an opportunity to really grow as a person,” he says. “I learned a great deal more about myself—and about the world around me.”

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THE CLASS OF 2014

the boston college mod 500 (top) capped a series of successful senior class fundraisers organized by the class of drake behrakis

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2014.


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boston college annual report

2014

‘That was awesome’ thanks to one campaign gift , students who yearn to study abroad are no longer necessarily constrained by their financial circumstances

McGillycuddy-Logue Center for Undergraduate Global Studies As a child of immigrants from Central and South America with an active interest in global service and justice, Ericka Cruz ’15 wanted to spend a semester abroad. But she couldn’t figure out how to make it happen financially. She needed to work at campus jobs during the school year to pay for her living expenses. “I’ve been working since I was 16. I’ve never not worked,” explains Cruz. But paid jobs are not available to students while they’re abroad. Boston College’s McGillycuddy-Logue Center helped fill the financial gap for Cruz, a political science major from Queens, New York. Established in 2008 with a $10 million gift from University Trustee Kathleen M. McGillycuddy NC ’71 and husband Ronald E. Logue ’67, M.B.A. ’74, the center has provided travel-research grants to nearly 500 students. Students are selected based on their academic performance and financial need. As a sophomore, Cruz submitted an application and an essay about her interest in studying abroad. In spring 2013, she was on her way to South Africa’s Rhodes University. That’s the aim of McGillycuddy-Logue—to help students “who might not think study abroad is for them” because of the financial burden, says Nick J. Gozik, director of Boston College’s Office of

International Programs and the McGillycuddyLogue Center. Tesia Mancosky ’15, an international studies and political science major with a concentration in Latin American politics, faced a similar predicament. She too received a McGillycuddy-Logue grant that paved her way to Ecuador in the fall of 2013—and fed her passion for Latin American studies. “They’re our closest neighbors, and we know so little about them,” says the Colorado native. Another McGillycuddy-Logue student is Ryan Cosgrove ’16, a mathematics and economics major from Philadelphia. “I had never left the [United States] in my life. No Mexico, no Canada, just straight to Kuwait,” says Cosgrove, who went there for a course, Kuwait: Politics and Oil in the Gulf, offered through Boston College’s Office of International Programs and taught by adjunct associate professor of political science Kathleen Bailey. He aspires to a career in international finance. Cosgrove, as it happened, appeared on a 60 Minutes-style television show in Kuwait, in a segment on study-abroad students. Afterward, Kuwaitis on the street began recognizing him from the interview. “That was awesome,” Cosgrove says.

Egan Fund in Advising John R. “Jack” Egan ’79 likes to look back at the guidance he received from his computer science professor James Gips of the Carroll School of Management. “He demanded results, but he was a really good guy. He always had time for me during his office hours, and he was constantly willing to assist me when I needed it,” says Egan, a University trustee, co-founder and managing partner of Egan-Managed Capital, and managing partner of Carruth Management LLC. He and his wife, Pamela, endowed the Jack and Pamela Egan Chair for 16

Computer Science, which Gips now holds. They also wanted to help Boston College ensure that every student is given top-quality academic guidance. So they made a $3 million commitment to fund the Jack and Pamela Egan Initiative in Advising, established in 2008 to strengthen the University’s Academic Advising Center. The six-year-old center has undertaken efforts ranging from workshops for faculty members on advising to panels that help students decide on courses and majors. It maintains an intensive focus on first-year students.

One Egan-funded effort is the Advisor Evaluation, an annual questionnaire introduced in the spring of 2013, similar to a student course evaluation. Student assessments of their advisors have been “broadly favorable,” says Vice Provost for Undergraduate Academic Affairs Donald L. Hafner. He adds that the responses have led Boston College to put greater focus on such matters as advising about the core curriculum and how to link academic studies to student activities.


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RYAN COSGROVE ’16

(photos a, b, and c) this math and economics major had never left the united states before his study trip to kuwait. Photos courtesy of Ryan Cosgrove

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ERICKA CRUZ ’15

(photos d and e) a mcgillycuddy-logue travel-research grant made it possible for her to spend a semester at south africa’s rhodes university. Photos courtesy of Ericka Cruz

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TESIA MANCOSKY ’15

(photos f, g, and h) spending the fall

2013

semester in ecuador fueled her enthusiasm for latin american studies. Photos courtesy of Tesia Mancosky

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Agape Latte On a Tuesday night in April, Hillside Cafe in Maloney Hall was packed with students. They came to hear two Boston College administrators—dean of students Paul Chebator and assistant director of student programs Mer Zovko, who are husband and wife—talk about their spiritual journeys. For eight years, Boston College students have been crowding into the cafe at 8:30 p.m. on the first Tuesday of each month for coffee, desserts, and talks about faith, religion, and spirituality. Agape Latte, a 18

program of Boston College’s Church in the 21st Century Center (C21), sponsors the evenings. Almost all of the speakers are faculty, staff, and administrators from the campus community, and they speak frankly about their lives and spiritual struggles. (Agape is the Greek word for God’s love.) The talks revolve around themes such as friendship, hope, love, forgiveness, and prayer. Spurred by a grant from an anonymous donor, C21 has begun seeding the pro-

gram beyond Chestnut Hill. Social media helped inspire the efforts: Student leaders noticed that their messages and tweets about Agape Latte were drawing interest from friends and followers on other campuses. During the 2014 spring semester, Agape Latte debuted at the University of Massachusetts-Lowell and Assumption College in Worcester, Massachusetts. Other schools are preparing to launch in the next year.


boston college annual report

2014

‘Know your mission’ support of the university ’ s jesuit , catholic heritage , and its particular expression in

research , service , and student formation , has been the focus of key gifts to the campaign

Roche Center for Catholic Education Catholic elementary and secondary schools make up the largest private school network in the United States. Until recently, though, they had no commonly accepted set of standards in areas such as academic excellence, Catholic identity, and administrative management. That was a problem, says Patricia WeitzelO’Neill, executive director of Boston College’s Barbara and Patrick Roche Center for Catholic Education, because Catholic schools nationwide are struggling. “If you don’t know your mission, and you can’t explain it, nothing else will work,” she explains. Help came in the form of the National Standards and Benchmarks for Effective Catholic Elementary and Secondary Schools, a landmark document released by Loyola University Chicago’s Center for Catholic School Effectiveness in collaboration with the Roche Center and the National Catholic Education Association in 2012. Recently, the Roche Center began offering a nationwide series of six workshops over 16 months to help Catholic school leaders act on the benchmarks. These are a collection of 13 standards, each with specific measures. “Everything we do is based on these standards,” Weitzel-O’Neill says of the Roche Center, which is part of the Lynch School of Education. Launched in 2007, the research organization expanded three years later with a $20 million gift from Roche Bros. supermarkets cofounder Patrick Roche ’51 and his wife, Barbara. Among other initiatives, the center sponsors the Emmaus Series, featuring workshops and professional development retreats for school principals; the Leadership Team Initiative, which brings together larger groups of principals, teachers, pastors, board

members, and others, several times a year; and the Urban Catholic Teacher Corps, a two-year volunteer stint in Boston-area parochial schools aimed at forming excellent Catholic school teachers. In the fall of 2012, the Roche Center launched the Two-Way Immersion Network for Catholic Schools (TWIN-CS), a nationwide bilingual immersion program that aims to advance biliteracy and bilingualism in Catholic elementary schools by coordinating research, expertise, and practice. “What we’ve tried to do is create a systemic approach to excellence and effectiveness in Catholic schools, with a strong basis in research,” says WeitzelO’Neill, pointing to Catholic education’s formidable challenges that include sagging enrollments and dwindling institutional resources. “And in doing that, we’ve become advocates for Catholic school transformation. We could turn the tide.”

The Elizabeth Largay Terenzi Fund to Support Student Volunteers Many Boston College students engage in hands-on service projects that involve picking up a hammer to help build an affordable home, or serving food to the hungry. But some are now finding opportunities to reflect on those experiences and their role in self-formation. Case in point: The Elizabeth Largay Terenzi Fund in Support of Student Volunteers, established with a gift of $500,000 in 2004 from Dorothy Largay NC ’68, in memory of her sister, Elizabeth Largay Terenzi ’78. It supports programs such as Boston College’s Appalachia Volunteers Program, which organizes spring break trips for volunteers who paint schoolhouses, tutor children, and lend a hand in numerous other ways. In the evening, these students gather to reflect on aspects of service, such as their personal encounters with poverty.

t

dean of students paul chebator (left) and mer zovko, assistant director of student programs, speaking with students at a crowded agape latte event in hillside cafe.

In a thank-you letter to Dorothy Largay, one student volunteer wrote of these gatherings, “[they] made our days all the more meaningful, allowing us to see the light where darkness might have seemed to dominate.” 19


boston college annual report

2014

‘Get outside your realm’ for these former student - athletes and many others who ’ ve benefitted from the

$59 million

raised for athletics scholarships , sports was just a launching point

20

BLAKE BOLDEN ‘13

NICHOLAS LARKIN ‘07

Blake Bolden isn’t one to shy away from hard cases. A former Boston College women’s hockey star, she is now operations coordinator at InnerCity Weightlifting, a nonprofit gym whose goal is to reduce violence and promote achievement among urban youths at risk for gang involvement. Specifically, the organization recruits those identified by local law enforcement as the ones “most likely to be shot or to shoot someone,” she explains. “We want to keep them off the streets, give them a safe haven, so they don’t pick up that gun or sell those drugs,” says Bolden, whose organization also connects potential, current, and former gang members with incentives to finish school and services such as job training. A Cleveland native whose degree is in education, human development, and psychology, Bolden has a hand in everything at the gym in Brighton, which works with as many as 150 clients, ages 12 to 36, at a time. She even lifts with them in the weight room. “Most of them have been through some pretty traumatic things. Most have been incarcerated. They’re considered dangerous,” she acknowledges. “But they don’t come here to wreak havoc. They come here to change. And when I’m with them I feel safer than ever. We treat each other like family.” Bolden says she “thanks God” for her natural athletic abilities and Boston College for having recognized them, in part with a full scholarship. Being a student-athlete teaches you many things, like “working with different kinds of people” and managing your time well, she says. But the 2012–13 captain of women’s ice hockey says she learned the most important lessons by example, from the coaches. “At Boston College, they care for you as a person. They develop the person, not just the athlete. Their doors are never closed.” Bolden, who ranks second all-time for points, goals, and assists, among woman Eagles defensemen, has kept a stick on the ice. She plays defense for the Boston Blades of the Canadian Women’s Hockey League. But her sights are set on graduate school— for nonprofit management—and eventually to “going back home to the Midwest.”

A celebrated defensive end for the Eagles, standing six feet, four inches tall and weighing 250 pounds, Nick Larkin made his mark in the physical world. What intrigued him even more, though, was the mind. The Lynch School of Education student, who majored in human development and psychology, wanted to be a psychologist or mental-health counselor. But something got in the way: The National Football League. “I didn’t expect to get drafted,” recalls Larkin, who, together with quarterback Matt Ryan ’07, won the 2007 Scanlan Award, Boston College’s top football honor. He pursued the farm-team track for about half a year, before deciding it was “time to hang it up,” he says. Larkin returned to his study of the mind. He got his master’s in counseling psychology from Boston College in 2010 and a master’s in nursing from Massachusetts General Hospital in 2012, and worked as a Boston-area therapist. These days, the Cincinnati native who chased down quarterbacks is helping to tackle a fiercer competitor—an epidemic of heroin addiction. At Columbia St. Mary’s Hospital in Milwaukee, he counsels addicts who often turn up in the ER after going cold turkey. “We basically coach them through the process of being dope sick,” says Larkin, using the street term for heroin withdrawal. “Detox from heroin is very painful, one reason why it’s such a difficult habit to kick.” Part of his job is to make sure the substance abusers he works with are good candidates for his outpatient recovery program, which includes counseling and medication to help control the craving. “They need to be committed to recovery. If they’re not, they don’t have a chance,” he says. Larkin is married to another former student-athlete, volleyball player Dorota Niemczewski Larkin ’07, M.B.A. ’12. He says Division I football players often approach him for advice. “Football can be a wonderful part of your life, but don’t make it your life,” he tells them. “Football has functions and value but it cannot and will not love you back like your friends, family, and God.”


blake bolden ( top ) and nicholas larkin

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maura mahoney

MAURA MAHONEY ‘09 Maura Mahoney points out that as a women’s lacrosse player, “You know from the first day you step on campus that you won’t someday be a pro­ fessional athlete.” Mahoney sampled different majors via the core curriculum. She looked into student activities, and took an interest in service, and settled into a communication major with a history minor. “At Boston College, you’re able to expose yourself to a lot of different things,” she notes. “You can get outside of your realm.” In her sophomore year, Mahoney found her way onto the Student-Athlete Advisory Committee, which includes representatives from each Boston College varsity team. She became vice president of the group, which connects student-athletes with service opportunities.

During that year, Mahoney began mentoring a 15-year-old girl with a brain tumor through the Friends of Jaclyn Foundation. The New York-based nonprofit matches children suffering from pediatric brain tumors and their families with varsity teams. “It was an eye-opening experience,” says Mahoney, who was team captain in her senior year. Today, Mahoney is director of programs at Team Impact, a three-year-old Quincy, Massachusetts organization that matches children who face life-threatening and chronic illnesses with members of 500 teams at 250 colleges and universities in 40 states. (A halfdozen Boston College teams are participating.) The children become honorary members of the squads; the athletes become part of their support network. “I feel I’ve found my true passion, where I belong naturally,” Mahoney says.

Schiller Family Head Hockey Coach Jerry York ’67 In May 2012, Boston College received its largest-ever gift in support of University Athletics: $5 million, specifically to honor hockey coach Jerry York, and to endow his position with the men’s hockey team. One of the most successful coaches in all of NCAA sports, York has won five championships and racked up a record 963 wins during his storied career. 22

Boston College Director of Athletics Brad Bates, who says he came to Boston College in part to work with York, announced in an October 2013 letter to supporters of the Flynn Fund that the endowed position was a gift from Kim Gassett-Schiller and Phil Schiller ’82, senior vice president of worldwide marketing at Apple Inc. The head men’s hockey coach at Boston College has since been known as the Schiller Family Head Hockey Coach.

The Schillers’ gift, said Bates, would solidify the University’s position as a hockey leader, and help retain and attract the very best coaches to Boston College. York, who celebrated his 20th year as head coach in 2013–14, agreed to a contract extension through the 2019–20 season.


boston college annual report

2014

From the Chair

it is my pleasure to share with you “structural change: the light the world campaign at the university’s

billion—and counting,”

annual report.

This year’s edition focuses on just a few of the signal successes of Boston College’s historic $1.5 billion fundraising campaign as we move into our final phase and look forward to completing the campaign by summer 2016. It is a progress report, highlighting the experiences of students, faculty, and alumni who have benefited from Light the World’s realization of University priorities— strengthening academic excellence, increasing financial aid, improving the campus, advancing Boston College’s Jesuit, Catholic mission and student formation, and bolstering support for athletics. As I reach the end of my three-year term, I am exceedingly grateful to have served as Chair of the Boston College Board of Trustees and to have played a role in Boston College’s development. And while I am proud to have worn the mantle of the first woman to lead this body, I take equal pride in being a co-chair of Light the World. Boston College’s largest, most ambitious, and most strategic capital campaign will sustain and enhance this extraordinary University, and serve as an inspiration, for generations to come. Ever to Excel.

Kathleen M. McGillycuddy NC ’71 Chair Boston College Board of Trustees

23


boston college annual report

2014

The Year in Review

a c a d e m i c a f fa i r s

The University conferred 2,341 undergraduate and 1,356 graduate degrees, including 155 doctorates, 273 J.D.s, and 15 canonical degrees. U.S. Secretary of State John F. Kerry, J.D. ’76, a former United States senator from Massachusetts, spoke at the 138th Commencement on May 19 in Alumni Stadium, where he received an honorary doctorate of laws. Others who received honorary degrees were Boston Celtics legend and former Eagles basketball coach (1963–69) Robert J. Cousy; Ann Riley Finck ’66, nursing leader and Alumni Association board chair; Paloma Izquierdo-Hernandez ’76, president and CEO of Urban Health Plan, Inc.; and University Trustee Robert J. Morrissey ’60, founder and senior partner of the Boston law firm Morrissey, Hawkins & Lynch. Connecticut Governor Dannel P. Malloy ’77, J.D. ’80, addressed Law School graduates May 23.

24

universities. The Carroll School of Management undergraduate program moved up two places to number 22. Bloomberg Businessweek rated the Carroll School fourth among undergraduate business schools in the nation, up two places from last year. Kiplinger’s Personal Finance magazine ranked Boston College 23rd in its annual listing of the 100 best values among private universities and colleges. A U.S. News list of “10 Law Schools Where Salaries for Grads Most Outweigh Debt” ranked Boston College Law seventh, with a salary-to-debt ratio of 1.41. The five most popular majors for the 2013–14 academic year were: economics (1,018), finance (862), communication (844), biology (795), and political science (656).

BOSTON COLLEGE RANKED NUMBER 12

Boston College ranked number 12 among U.S. research institutions that produced student Fulbright Award winners in 2013–14. Ten graduating seniors received Fulbrights, which fund a year of international postgraduate study. Biology major Matthew Evans ’15 became the fourth Boston College student in five years to win a Barry M. Goldwater Scholarship, which is considered the premier undergraduate award in the sciences. Narintohn Luangrath ’14 won both a Harry S. Truman Scholarship and an undergraduate research award from the Forum on Education Abroad. Sophomore Claudio Quintana was named to the .406 Ventures Student Fellows Program for successful student entrepreneurs from the nation’s top universities. Kelsey Maher ’14 and Mark Soo ’14 won undergraduate research fellowships from the American Society of Microbiology. Six members of the Class of 2015 received Benjamin A. Gilman International Scholarships to travel and study in countries including Austria, Ecuador, South Africa, Cambodia, and the United Kingdom.

David Quigley, dean of the College of Arts and Sciences, was named provost and dean of faculties, succeeding Joseph F. Quinn, the James P. McIntyre Professor of Economics, who had served as interim provost since the summer of 2013, when Cutberto Garza stepped down. DeLuca Professor of Biology Thomas Chiles became the new vice provost for research and academic planning. Maureen E. Kenny, interim dean of the Lynch School of Education, was named the school’s ninth dean. Greg Kalscheur, S.J., was appointed interim dean of the College of Arts and Sciences. He had been senior associate dean and a member of the Law School faculty prior to that.

The University retained its 31st position in the 2014 U.S. News & World Report ranking of American

The College of Arts and Sciences began offering a major in environmental studies. The Lynch School

AMONG U.S. RESEARCH INSTITUTIONS THAT PRODUCED STUDENT FULBRIGHT AWARD WINNERS IN 2013–14.


b o s to n c o l l e g e v i c e p r e s i d e n t s

(standing, from left) Joseph F. Quinn, Interim Provost And Dean Of Faculties; John T. Butler, S.J., Vice President for

University Mission and Ministry; Patrick J. Keating, Executive Vice President; Kelli J. Armstrong, Vice President for Planning and Assessment; Michael J. Bourque, Vice President for Information Technology; Thomas J. Keady, Vice President for Governmental and Community Affairs; Terrence P. Devino, S.J., Vice President and University Secretary; Barbara Jones, Vice President for Student Affairs; Daniel F. Bourque, Vice President for Facilities Management; James J. Husson, Senior Vice President for University Advancement; (seated) James P. McIntyre, Senior Vice President; Peter C. McKenzie, Financial Vice President and Treasurer; William B. Neenan, S.J., Vice President and Special Assistant to the President; Leo V. Sullivan, Vice President for Human Resources.

will expand its bilingual education curriculum with the introduction of a Teaching Dual-Language Learners Certificate program. Boston College Law School announced plans to open a Center for Experiential Learning, which it calls a “law firm within a law school,” as part of an effort to expand hands-on training opportunities for students. The Graduate School of Social Work launched a new certificate program within its Master’s in Social Work program, providing opportunities for concentrated study in eight areas: child welfare; Latino leadership; neuroscience and social work; policy and community organizing; refugees and immigrants; school social work; trauma; and veterans and military families. Responding to intensifying demand among non-management students for more business classes at Boston College, the Carroll School launched the Summer Management Catalyst Program, a 10-week course that aims to “develop a solid and broad foundation in the functional areas of management.” The Lynch Leadership Academy put in place an Aspiring Principal Program, a $1.5 million effort to prepare skilled leaders to fill open positions each year in Boston city schools. The University’s acceptance rate was 34 percent, placing it among the nation’s most selective institutions, and its yield—the percent of applicants who accept Boston College’s offer of admission—which had stood at 23 percent in 2011, reached 29 percent this year. Boston College Front Row, a web site that for 12 years has offered free access through streaming

media to recordings of cultural and scholarly events at Boston College, posted its 1,000th recording. More than 28,000 visitors watched Front Row videos 37,700 times during the 2013–14 academic year. Of those, approximately 74 percent were in the United States; the rest were in 172 other countries. In descending order of volume, foreign visitors to the site came from the United Kingdom, Canada, Australia, China, Germany, Italy, India, Ireland, and Russia. fa c u lt y r e s e a r c h a n d awa r d s

History Professor and Department Chair Robin Fleming was awarded a 2013 MacArthur Fellowship, the first for a member of the Boston College faculty. Psychology Assistant Professor Alexa Veenema, Mathematics Assistant Professor Dawei Chen, and Carroll School of Management Associate Professor Sam Ransbotham earned five-year National Science Foundation Faculty Early Career Development Awards, NSF’s top honor for junior faculty. McIntyre Professor of Mathematics Solomon Friedberg was named a fellow of the American Mathematical Society. Friedberg, Associate Professor of Mathematics Chi-Keung Cheung, and LSOE Associate Professor Lillie Albert were awarded $1.6 million by the National Science Foundation to train, support, and help retain math teachers in Massachusetts public schools. Mathematics Assistant Professor Maksym Fedorchuk received a Sloan Research Fellowship, awarded to early-career scientists and scholars who 25


boston college annual report

2014 |

the year in review

show outstanding promise. Lynch School Assistant Professor David Miele and Political Science Assistant Professor Jennifer Erickson were named Sesquicentennial Challenge chairs. Theirs were the first of what are expected to be 10 endowed assistant professorships established with a gift from an anonymous Boston College alumnus to support junior faculty research and early career development.

HISTORY PROFESSOR AND DEPARTMENT CHAIR ROBIN FLEMING WAS AWARDED A 2013 MACARTHUR FELLOWSHIP, THE FIRST FOR A MEMBER OF THE BOSTON COLLEGE FACULTY.

James P. Morken, whose research pursues new methods of chemical synthesis, was named the Louise and James Vanderslice and Family Professor of Chemistry. Amir Hoveyda, the Vanderslice Millennium Professor of Chemistry, received the 2014 American Chemical Society Award for Creative Work in Synthetic Organic Chemistry and a 2014 Eni Award in the category

b o s to n c o l l e g e d e a n s

of New Frontiers in Hydocarbons. Professor of Chemistry Udayan Mohanty was named a fellow of Britain’s Royal Society of Chemistry. Lynch School of Education Professor Jacqueline Lerner is the primary investigator and recipient of a three-year, $1.9 million John Templeton Foundation grant to study moral development in children and teens. Lynch School Associate Professor Patrick Proctor and colleagues at the University of Maryland were awarded a three-year, $1.47 million Institute of Education Sciences grant to create a literacy curriculum for bilingual learners. The National Institutes of Health/National Institute of Nursing Research awarded Connell School of Nursing Assistant Professor Lichuan Ye a $418,000 grant to study the role of spouses in treating sleep apnea. The Massachusetts Association of Registered Nurses named CSON Professor Emeritus Carol Hartman a “Living Legend.” Associate Professor of History Martin A. Summers was one of three dozen 2013–14 fellows at the National Humanities Center. Sullivan Artist-in-Residence Séamus Connolly, director of Boston College’s Irish music programs, was selected by the National Endowment for the Arts as a National Heritage Fellow, the nation's highest honor in folk and traditional arts. In honor of the 150th anniversary of the Gettysburg Address, students organized a daylong series of recitations, readings, and reflections on November 19 on O’Neill Plaza.

(standing, from left) Thomas B. Wall, University Librarian; Susan Gennaro, Connell School of Nursing; Alberto Godenzi,

Graduate School of Social Work; Rev. James P. Burns, Interim Dean, Woods College of Advancing Studies; Andrew C. Boynton, Carroll School of Management; Mark S. Massa, S.J., School of Theology and Ministry; (seated) Maureen E. Kenny, Lynch School of Education; David Quigley, College of Arts and Sciences;

26

Vincent D. Rougeau, Boston College Law School.


jesuit, catholic mission

The School of Theology and Ministry (STM) released a National Study of Catholic Parishes with Hispanic Ministry. Assistant Professor Hosffman Ospino led the three-year study, a pioneering exploration of the expanding Hispanic Catholic presence in the U.S. Ten members of the STM Class of 2014—nine Jesuits and one Capuchin—were ordained to the priesthood. The Jesuits included Mario Powell ’03, Sam Sawyer ’00, and Thomas Simisky, M.A. ’01. Scholars of Vatican II from around the world gathered at Boston College to mark the 50th anniversary of the Second Vatican Council on September 26. Also at STM, Catholic leaders and parishioners of churches in some of the country’s poorest communities discussed Pope Francis’s call to advocate for the poor at the third annual Dean’s Colloquium on Religion and Public Culture. Dean Mark Massa, S.J., moderated the discussion on “The Transformative Power of Faith.” More than 130 students and a dozen STM faculty turned out for “The Gospel and Contemporary Culture,” a daylong conference coordinated by the editors of STM’s three-year-old graduate student academic journal Lumen et Vita.

THE SCHOOL OF THEOLOGY AND MINISTRY RELEASED A NATIONAL STUDY OF PARISHES WITH HISPANIC MINISTRIES, A PIONEERING EXPLORATION OF THE EXPANDING HISPANIC CATHOLIC PRESENCE IN THE U.S.

Bishops, college presidents, mission officers, campus ministers, and vocation directors representing 15 dioceses and 10 religious orders met on campus for a “Summit on Vocations” to discuss research on vocational discernment and college students. Fr. Leahy offered remarks, and Archbishop of Boston Cardinal Séan P. O’Malley, O.F.M. Cap., presided over the closing Mass. The Center for Student Formation launched “Ascend: A Program for Sophomore Women.” Facilitated by senior leaders, sophomore women met weekly in small groups to practice the Ignatian Examen, engage in conversation, and go on outings. Ascend

attracted 170 sophomores and 40 senior leader applicants and accepted 65 participants and 16 leaders. On February 19, more than 100 students gathered to listen to a presentation by three married Catholic couples. The panelists shared their thoughts on intimacy and commitment. This was the second program on relationships organized by the Office of Campus Ministry. C21 launched a pilot program to expand Agape Latte, its popular student forum for faith discussion, to colleges across the country. Five colleges are currently participating in this expansion program. They are: Assumption College, UMass Lowell, Stonehill, Babson College, and Manhattan College. This past fall, C21 rolled out "Espresso Your Faith Week," with a week-long celebration of faith on campus. Sixteen events served as a catalyst for faith conversation, inspiration, and action, engaging thousands of students. C21 published the 20th issue of its magazine, C21 Resources, which is a compilation of critical analyses and essays on key challenges facing the Church today. The magazine is sent to 175,000 alumni, parents, and friends twice each year. Encountering Jesus in the Scriptures, a book in the C21 Book Series collection, written by the late Daniel Harrington, S.J., and Christopher Matthews, received a first place Catholic Book Award, by the Catholic Press Association, in the "Scripture-Popular Studies" category. Joseph O’Keefe, S.J., a professor in the Lynch School and its former dean, was named director of the Center for Ignatian Spirituality, which sponsors retreats, lectures, prayer, and spiritual direction with the goal of communicating and supporting the University’s particular religious mission. The center was founded in 1988 with a gift from the Boston College Jesuit Community. arts

Courbet: Mapping Realism, which focused on realist painter Gustave Courbet’s travel maps and his influence on foreign artists, was on display at the McMullen Museum during the fall semester. Paris Night & Day: Photography between the Wars, was the McMullen’s springtime offering. Trinity Chapel on the Newton Campus was the setting for the premiere of Professor of Music Thomas 27


boston college annual report

2014 |

the year in review

Oboe Lee’s “God’s Grandeur,” a work for chorus and chamber orchestra that sets to music five poems by Gerard Manley Hopkins, S.J. (1844–89). The University Chorale under the direction of John Finney sang the work, which was composed to mark the University’s Sesquicentennial and its Jesuit heritage. Assistant Professor of Music Ralf Gawlick’s “Missa Gentis Humanae” drew accolades on campus and praise from the Boston Music Intelligencer following its world premiere. An octet from the Trinity Choir conducted by Julian Wachner sang the Mass in St. Ignatius Church in February. Anne Garefino ’81, executive producer of the longrunning TV series South Park and a co-producer of the Broadway hit The Book of Mormon, was a special guest at the annual arts festival, in April, where she received the 2014 Alumni Arts Achievement Award. The Boston College Battle of the Bands ended with a face-off on O’Neill Plaza on opening night of the festival, and the band Juice, featuring Kamau Burton ’17; Miles Clyatt ’17; Jack Godfrey ’14; Daniel Moss ’17; Christian Rougeau ’18; Ben Stevens ’18; and Chris Vu ’17 won the designation “BC’s Best.” athletics

Senior running back Andre Williams ’14 was one of six finalists for the Heisman Memorial Trophy. Williams was the nation’s leading rusher with 2,102 yards and 17 touchdowns. He won the Doak Walker Award, given to college football’s top running back.

THE FIVE MOST POPULAR MAJORS FOR THE 2013–14 ACADEMIC YEAR WERE: ECONOMICS (1,018), FINANCE (862), COMMUNICATION (844), BIOLOGY (795), AND POLITICAL SCIENCE (656).

Boston College won its fifth consecutive Beanpot title at the TD Garden in February, with a 4–1 victory over Northeastern. The win marked the Eagles’ 19th Beanpot title and eighth under Schiller Family Head Coach Jerry York ’67, M.Ed. ’70. York, who has led the Eagles to four national championships and nine Hockey East tournament titles, celebrated his 20th year as head coach, and agreed to a contract extension through the 2019–20 season. Ice hockey 28

forward Johnny Gaudreau won the Hobey Baker Memorial Award, college hockey’s highest honor. Goaltender Molly Schaus ’11, forward Kelli Stack ’11, and forward Alex Carpenter ’16 helped the U.S. win the silver medal in women’s ice hockey at the Sochi 2014 Winter Olympics. Boston College named Jim Christian its new men’s basketball head coach, replacing Steve Donahue, and 10 Boston College teams scored a perfect 1,000 on the NCAA’s Academic Progress Rate, a measure of how well colleges and universities retain studentathletes. Women’s teams with perfect scores were cross-country, ice hockey, lacrosse, swimming and diving, indoor track and field, outdoor track and field, and volleyball. Men’s teams with perfect scores were golf, outdoor track and field, and skiing. student life

The annual Career Fair brought more than 120 employers and nearly 1,500 students to Conte Forum. In May, Student Affairs Vice President Barbara Jones named Joseph Du Pont as associate vice president for Student Affairs. Du Pont most recently served as the dean of the Brandeis University Hiatt Career Center and will direct the career center at Boston College. Jones also launched an e-newsletter for undergraduate parents with content focused on campus resources for students. A new format for homecoming was introduced by the Alumni Association, Athletics, and the Division of Student Affairs in October. It featured a weeklong series of student events, including a carnival, trivia contests, pep rally and fireworks show, and homecoming ball. In April, the Division of Student Affairs hosted a lecture by Jennifer Siebel Newsom, an award-winning documentary filmmaker and advocate for the professional success of women. Newsom’s talk focused on how representations of women in mass media restrict their paths to leadership. She also met privately with a group of student leaders, men and women. With the Division of Student Affairs preparing to occupy new quarters on the fourth floor of Maloney Hall, the Office of AHANA Student Programs, a unit within the division, announced its intention to relocate from its home on College Road to Maloney Hall under a new name: The Thea Bowman AHANA and Intercultural Center. Students elected Nanci Fiore-Chettiar ’15 and Chris Marchese ’15 as undergraduate government president


executive committee of the board of trustees

(standing, from left) Stephen P. Murray, Susan Martinelli Shea, John L. LaMattina, T. Frank Kennedy, S.J.,

Peter K. Markell, John M. Connors, Jr., Marianne D. Short, Robert J. Morrissey; (seated) William P. Leahy, S.J., John F. Fish. Kathleen M. McGillycuddy

and executive vice president for the 2014–15 academic year. The two pledged transparency as a hallmark of their administration. Patience Marks ’15 of the Connell School of Nursing, whose career goal is to "change the face of healthcare,” won the annual Martin Luther King Junior Memorial Scholarship. Jessica Franco ’15 received the Archbishop Oscar A. Romero Scholarship Award, named in honor of the late Archbishop of San Salvador, an advocate for the marginalized, and awarded to a Boston College junior who has demonstrated superior academic achievement, extracurricular leadership, community service, and involvement with Hispanic/Latino concerns. Thinh Nguyen ’15, who plans to pursue a career in accounting, won the 2014 Benigno and Corazon Aquino Scholarship, given each year to a student who represents the highest ideals and aspirations of Boston College and the Asian-American community. Cristian Lopez ’14 of the Carroll School of Management was this year’s recipient of the Dr. Donald Brown Award, which honors a senior for extraordinary contributions to Boston College, and particularly its AHANA community. u n i v e r s i t y a d va n c e m e n t a n d alumni association

Light the World, the largest and most ambitious fundraising campaign in Boston College history, reached $1.264 billion toward its goal of $1.5 billion, and alumni, parents, and friends of Boston College contributed a record $132,816,744 in cash over the

year, a 30 percent increase from the previous year, and 6 percent more than the previous record, $125 million in 2010. More than 5,000 Boston College and Newton College alumni, family, and friends returned to campus for Reunion Weekend, held May 30–June 1.

TEN BOSTON COLLEGE TEAMS SCORED A PERFECT 1,000 ON THE NCAA’S ACADEMIC PROGRESS RATE, A MEASURE OF HOW WELL COLLEGES AND UNIVERSITIES RETAIN STUDENT-ATHLETES.

The Alumni Association this year presented the William V. McKenny Award, its highest honor, to Vincent J. Quealy Jr., ’75, and its James F. Cleary Masters Award to John F. Fish, vice chair of the University Board of Trustees. Patricia Randolph Williams ’77 received the John J. Griffin Sr., ’35 Alumni Association Award, and Schiller Family Hockey Coach Jerry York ’67, M.Ed ’70, was honored with the John P. Curley 1913 Award. The association also recognized five young alumni volunteers. They are: Pablo Beiro ’13, winner of the James F. Stanton ’42 Senior Class Gift Award; Jacquelyn (Shea) Pultorak ’07 29


boston college annual report

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the year in review

and Timothy Pultorak ’07, who received the Philip J. Callan Sr., ’25 Young Alumni Award; and Mary Kate Rod Hattan ’02 and David LaMattina ’03, who were given the GOLD Alumni Association Award. Eagles for Others, a Boston College Sesquicentennial celebration alumni service project launched in February 2013 to pack, transport, and distribute food supplies to Burkina Faso, continued this year. Altogether, more than 2,000 volunteer alumni, parents, other family, and friends in nine cities have packed some 500,000 dehydrated, high-protein rice-andvegetable packets, each of which feeds approximately six people. Maestro Keith Lockhart led the Boston Pops Orchestra, guest vocalist Katharine McPhee (co-star of the recent NBC-TV series Smash), and student members of Boston College musical groups in an evening of music and song at Pops on the Heights: The Barbara and Jim Cleary Scholarship Gala. The 2013 event raised more than $4.2 million for student scholarships. The Wall Street Council’s 26th Annual Tribute Dinner honored longtime University benefactors Carolyn, H’09, and Peter Lynch ’65, H’95. Held on April 24 at the Waldorf Astoria in New York City, the event raised $2 million to support the Presidential Scholars Program. Martin J. Walsh, WCAS ’10, who was sworn in as Boston’s 48th mayor on January 6 in Conte Forum, was the featured speaker at the school’s 2014 graduation dinner, where he was the inaugural recipient of the Woods College Distinguished Alumni Award. management

The Board of Trustees approved a $916 million budget for the fiscal year 2014–15. Tuition, room, board, and fees will increase 3.6 percent, to $61,096. The board also approved expanding need-based financial aid for undergraduates by 6.7 percent to $103.5 million, and increasing overall student aid to $163 million. The University received the go-ahead from Boston for construction of a four- and five-story residence hall on the site of More Hall, on Lower Campus. The 240,000-square-foot building, when completed in the summer of 2016, will provide 490 beds in fourand six-person apartments. It will also house several resident staff or faculty, seminar and music practice rooms, and the Health Services Center. Renovation

30

of St. Mary’s Hall—including restoration of some 15,000 cast stones—is expected to be completed, as scheduled, by December 2014. St. Mary’s will then again be the main residence for Boston College Jesuits, as well as the home of the Woods College of Advancing Studies and the A&S departments of computer science and communication. Relatedly, the University began program-planning for a new recreation complex that will be built on the site of Edmond’s Hall. Construction is expected to begin in 2016.

THE BOSTON COLLEGE ENDOWMENT SAW AN INVESTMENT RETURN OF 13.4 PERCENT, CLOSING THE YEAR AT $2.2 BILLION.

Healthcare cost rises were limited to one percent over the year, while energy conservation measures introduced over several years are expected to return costs in 2015 to 2010 levels, in spite of a 12 percent growth in the physical plant over that period. Executive Vice President Patrick J. Keating, who has served as executive vice president since 2001, will step down in December 2014. Keating will remain at the University as an advisor to the provost’s office and a member of the Lynch School higher education faculty. Leo V. Sullivan, who began his employment at Boston College in 1968, announced his intention to retire from his position as vice president for human resources. Sullivan will become a senior advisor to President Leahy. The Boston College endowment saw an investment return of 13.4 percent, closing the year at $2.2 billion.


Financial Report boston college’s financial results in fiscal 2014 were very encouraging. Strong investment perfor-

mance and unprecedented fundraising successes combined to produce a $221 million increase in net assets. The University’s issue of $337 million of long-term debt at attractive fixed rates met with strong investor demand, and garnered AA-credit ratings. Noting the University’s stable outlook, Moody’s credit report said it reflects “Boston College’s excellent student market position, and strong culture of financial discipline.” The overall economy is recovering at a slow pace, with U.S. GDP advancing a little more than two percent during the past year. This continues to significantly influence higher education finances. Changing employment opportunities have reduced graduate and professional school enrollments, and federal budget reductions have affected research support. The Light the World capital campaign has offset the impact of these revenue declines and enabled the University to advance its academic and research initiatives as planned. fiscal

2014

f i n a n c i a l r e s u lt s

As the accompanying “Growth in Net Assets” chart (see page 32) demonstrates, the University’s net assets increased by $221 million in fiscal 2014 to nearly $2.9 billion, an eight percent increase over the previous year. The generosity of our alumni, parents, and friends saw Light the World exceed $1.26 billion. This continued fundraising success, coupled with strong domestic equity markets, were key drivers of our net asset growth. “Expendable Resources to Debt,” our primary liquidity measure, declined slightly from 1.9 times to 1.6 times as we issued new debt. The University’s endowment fund increased by more than $216 million, to nearly $2.2 billion. This increase was made up of investment gains of $248 million, contributions of $55 million, and net assets reclassified or released from restrictions of $6 million. Those were offset by assets of $93 million used in support of operations. The portfolio return on the endowment fund was 13.4 percent versus the S&P 500 return of 20.5 percent, and the Barclays Aggregate Bond Index of 2.7 percent. Over the past 10 years, the endowment fund has generated an annualized return of 7.7 percent, compared with the S&P 500 return of 7.8 percent and the Barclay’s return of 5.0 percent. In these volatile times, the University’s endowment portfolio is well diversified, with 53 percent in domestic and international equities, 9 percent invested in fixed income securities, and 38 percent invested in alternative strategies including absolute return funds, private equity

funds, and real asset funds. The portfolio is liquid and well positioned, with more than 60 percent invested in securities that can be redeemed in 30 days or less. In fiscal 2014, gross plant assets increased by $101 million. Major renovation work continued on St. Mary’s Hall, home to the Boston College Jesuit Community, and construction began on a new 490-bed undergraduate residence hall on the site of the former St. Thomas More Hall on Commonwealth Avenue. The University continues to invest each year in developments across campus that, while not as visible as the transformation of St. Mary’s, added more than $16 million in renewal and replacement projects in 2014. Strong undergraduate enrollments led overall revenue growth of five percent. Boston College continues to be one of only 21 private universities that maintain a need-blind undergraduate admissions policy and also meet the full demonstrated needs of undergraduates who apply for financial aid. Mindful of the impact of tuition increases on our students, Boston College faculty and staff continue to save on expenses in many areas of the operating budget. The University in fiscal 2014 saw notable savings in employee healthcare programs and energy consumption, and from aggressive procurement efforts in technology, energy, and various insurance programs. conclusion

Higher education is an expensive enterprise with both high personnel and high capital costs. Historically, as they have risen, increased tuition revenues have financed those costs. But tuition revenues alone are no longer capable of supporting mission growth, and alternative revenues are needed to realize growth opportunities. Since the start of the Light the World campaign in 2008, Boston College has raised more than $1.26 billion. Over the same period, our endowment investment performance has increased assets by $484 million. Together, new operating gifts and increased investment payout from the endowment have added more than $778 million to our operating budgets since 2008. The continued support of our alumni, our Jesuit Community, our students, and our faculty and staff are critical to the overall success of Light the World. It will fuel Boston College’s ability to nurture and sustain our mission, critical initiatives, and programs. Our goal continues—Ever to Excel!

peter c. m c kenzie ’75 Financial Vice President and Treasurer

31


boston college annual report

2014 |

financial report

1 A 21 9 1 5 14 + 49

operating and nonoperating revenues

4.5% sponsored RESEARCH, GRANTS, AND FINANCIAL AID

.4% INVESTMENT INCOME, net

9.0% PRIVATE GIFTS 22.3%

realized and unrealized investment gains, net

1.4% OTHER

instruction 30.6%

expenses

13.9% AUXILIARY ENTERPRISES, GROSS

A 14 18 5 6 1 30 + 7 19

48.5% TUITION AND FEES, GROSS

student services

6.3%

student AID 18.5%

public service

.4%

academic support

7.3%

RESEARCH

4.2%

AUXILIARY ENTERPRISES 19.0% general administration 13.7%

growth in net assets

expendable resources to debt

1,600

3,000

1,400

2,500

millions $

millions $

1,200 2,000 1,500 1,000

1,000 800 600 400

500 0

32

200 0 fy2010

fy2011

fy2012

fy2013

fy2014

fy2010

fy2011

fy2012

fy2013

real

total outstanding debt

inflationary

t otal expendable resources

fy2014


Statistical and Financial Highlights

Statistics

2010 2011 2012 2013 2014

f u l l - t i m e e q u i va l e n t e n r o l l m e n t

Undergraduate

Graduate/professional

9,599

9,518

9,484

9,480

9,396

3,414

4,120

4,046

3,940

3,820

13,013

13,638

13,530

13,420

13,216

725

737

752

761

758

Staff

2,293

2,304

2,296

2,316

2,347

Total full-time employees

3,018

3,041

3,048

3,077

3,105

5,493,499

5,501,713

5,501,689

5,700,398

5,700,405

Total full-time equivalent enrollment full-time employees

Faculty

c a m p u s f a c i l i t i e s (gross square feet)

Chestnut Hill Campus Newton Campus/other

1,301,227

1,588,275

1,619,779

1,625,000

1,625,000

Total gross square feet

6,794,726

7,089,988

7,121,468

7,325,398

7,325,405

$3,394,746

$3,636,770

$4,099,880

Financial (Fiscal Years Ending May 31)

In thousands of dollars

statement of financial position

Total assets Total liabilities Total net assets

$3,092,938 (905,514)

$3,487,314 (1,012,011)

(995,896)

(967,407) (1,209,300)

$2,187,424

$2,475,303

$2,398,850

$2,669,363

$2,890,580

$1,647,653

$1,889,079

$1,757,447

$1,981,350

$2,198,282

10,768

14,127

13,998

15,145

15,403

180,485

271,796

(94,442)

274,821

247,280

Land, improvements, and purchase options

$234,200

$238,048

$241,023

$247,838

$251,842

Buildings (including capital lease)

endowment and similar funds

Net assets Investment income Realized and unrealized investment gains (and losses), net physical plant

1,004,577

1,026,711

1,113,092

1,218,970

1,239,313

Equipment

191,622

200,569

199,909

205,604

218,615

Library books/rare book and art collections Plant under construction

164,739 17,610

173,918 67,898

182,414 76,870

191,352 37,849

200,727 91,708

1,612,748

1,707,144

1,813,308

1,901,613

2,002,205

Physical plant, gross Accumulated depreciation and amortization Physical plant, net

(573,137)

(619,065)

(658,847)

(703,483)

(753,054)

$1,039,611

$1,088,079

$1,154,461

$1,198,130

$1,249,151

$628,354

$643,654

$653,663

$671,057

$702,714

Total operating expenses

628,247

643,544

653,550

670,940

702,592

Total non-operating activity

177,086

287,769

(76,566)

270,396

221,095

$123,315

$132,594

$139,488

$150,932

$157,121

10,579

10,834

9,964

10,166

9,892

4,005

5,434

7,845

7,777

6,636

$137,899

$148,862

$157,297

$168,875

$173,649

statement of activities

Total operating revenues, net

student aid

University scholarships, fellowships, and prizes Federal/state programs (including Pell grants) Student loans granted by the University Total student aid

33


boston college annual report

2014

Trustees OFFICERS

Charles I. Clough Jr. ’64

Mario J. Gabelli

chair Kathleen M. McGillycuddy NC ’71

Chairman and Chief Executive Officer Clough Capital Partners, LP Boston, Massachusetts

Chairman and Chief Executive Officer GAMCO Investors, Inc. Rye, New York

Margot C. Connell, D.B.A. ’09 (Hon.)

William J. Geary ’80

vice chair John F. Fish secretary T. Frank Kennedy, S.J. ’71

TRUSTEES

Steven M. Barry ’85 Managing Director, Chief Investment Officer of Fundamental Equity Goldman Sachs Asset Management, New York, New York

Drake G. Behrakis ’86 President and Chief Executive Officer Marwick Associates Lexington, Massachusetts

Patricia Lynott Bonan ’79 Managing Director (Ret.) JPMorgan Chase & Co. Potomac, Maryland

Matthew J. Botica, Esq. ’72 Partner Winston & Strawn LLP Chicago, Illinois

Cathy M. Brienza NC ’71 Partner (Ret.) WallerSutton 2000, LP New York, New York

Karen Izzi Bristing ’84 Owner Equinox Equestrian Center Sun Valley, California

John E. Buehler Jr. ’69 Managing Partner Energy Investors Funds Mill Valley, California

Patrick Carney ’70 Founder, Chairman, and Chief Executive Officer Claremont Companies Bridgewater, Massachusetts

Hon. Darcel D. Clark ’83 Associate Justice Appellate Division, First Department Supreme Court of the State of New York New York, New York 34

Chair and Member of the Advisory Board Connell Limited Partnership Boston, Massachusetts

John M. Connors Jr. ’63, D.B.A. ’07 (Hon.) Chairman The Connors Family Office Boston, Massachusetts

Robert J. Cooney, Esq. ’74 Partner Cooney & Conway Chicago, Illinois

Leo J. Corcoran, Esq. ’81 President Autumn Development Company, Inc. Boston, Massachusetts

Claudia Henao de la Cruz ’85 Chair Centro Mater Foundation Coral Gables, Florida

Ralph de la Torre Chairman and Chief Executive Officer Steward Health Care System LLC Boston, Massachusetts

Michael H. Devlin II ’88 Managing Director Curragh Capital Partners, LLC New York, New York

John R. Egan ’79 Managing Partner Carruth Management LLC Westborough, Massachusetts

Michael E. Engh, S.J. President Santa Clara University Santa Clara, California

General Partner Foundation Medical Partners Waltham, MA

Susan McManama Gianinno ’70 Chairman and Chief Executive Officer Publicis Worldwide, North America New York, New York

Janice Gipson '77 Beverly Hills, California

Kathleen Powers Haley ’76 Manager Snows Hill Management LLC Wellesley, Massachusetts

Christian W.E. Haub Chairman and President Emil Capital Partners, LLC Greenwich, Connecticut

Daniel S. Hendrickson, S.J. Associate Vice President Marquette University Milwaukee, Wisconsin

Michaela Murphy Hoag ’86 Atherton, California

Joseph L. Hooley III ’79 Chairman, President, and Chief Executive Officer State Street Corporation Boston, Massachusetts

T. Frank Kennedy, S.J. ’71 Rector Boston College Jesuit Community Chestnut Hill, Massachusetts

John L. LaMattina ’71 Senior Partner PureTech Ventures Boston, Massachusetts

William P. Leahy, S.J. John F. Fish Chairman and Chief Executive Officer Suffolk Construction Company Boston, Massachusetts

President Boston College Chestnut Hill, Massachusetts

Peter S. Lynch ’65, LL.D. ’95 (Hon.) Vice Chairman Fidelity Management & Research Company Boston, Massachusetts


T.J. Maloney ’75

Rev. Nicholas A. Sannella ’67

Kathleen A. Corbet ’82

Chairman and Chief Executive Officer Lincolnshire Management, Inc. New York, New York

Pastor Immaculate Conception Parish Lowell, Massachusetts

Founder and Principal Cross Ridge Capital, LLC New Canaan, Connecticut

Douglas W. Marcouiller, S.J. ’86

Philip W. Schiller ’82

Provincial Superior Jesuits of the Missouri Province St. Louis, Missouri

Senior Vice President of Worldwide Marketing Apple Computer, Inc. Cupertino, California

Joseph E. Corcoran ’59, D.B.A. ’09 (Hon.)

Peter K. Markell ’77 Executive Vice President of Administration and Finance, Chief Financial Officer, and Treasurer Partners HealthCare System, Inc. Boston, Massachusetts

David M. McAuliffe ’71 Managing Director of Asset Management J.P. Morgan Palm Beach, Florida

Kathleen M. McGillycuddy NC ’71 Executive Vice President (Ret.) FleetBoston Financial Boston, Massachusetts

William S. McKiernan ’78 President WSM Capital, LLC Los Gatos, California

Robert J. Morrissey, Esq. ’60, lL.D. ’14 (Hon.) Senior Partner Morrissey, Hawkins & Lynch Boston, Massachusetts

Susan Martinelli Shea ’76

Robert F. Cotter ’73

Founder and President Dancing with the Students Philadelphia, Pennsylvania

President (Ret.) Kerzner International Coral Gables, Florida

Marianne D. Short, Esq., NC ’73, J.D. ’76

Brian E. Daley, S.J.

Executive Vice President and Chief Legal Officer UnitedHealth Group Minnetonka, Minnesota

Ralph C. Stayer Owner, Chairman, and Chief Executive Officer Johnsonville Sausage LLC Sheboygan Falls, Wisconsin

Patrick T. Stokes ’64 Chairman of the Board and Chief Executive Officer (Ret.) Anheuser-Busch Companies, Inc. St. Louis, Missouri

Elizabeth W. Vanderslice ’86 New York, New York

John V. Murphy ’71

David C. Weinstein, Esq., J.D. ’75

Chairman and Chief Executive Officer (Ret.) OppenheimerFunds, Inc. Boston, Massachusetts

Chief of Administration (Ret.) Fidelity Investments Newton, Massachusetts

Stephen P. Murray ’84

T R U S T E E A S S O C I AT E S

President and Chief Executive Officer CCMP Capital Advisors, LLC New York, New York

Mary Jane Vouté Arrigoni

Brien M. O’Brien ’80

General Partner Highland Capital Partners Menlo Park, California

Chairman and Chief Executive Officer Advisory Research, Inc. Chicago, Illinois

David P. O’Connor ’86 Senior Managing Partner High Rise Capital Management, LP New York, New York

Chairman Corcoran Jennison Companies Boston, Massachusetts

Greenwich, Connecticut

Peter W. Bell ’86

Geoffrey T. Boisi ’69 Chairman and Chief Executive Officer Roundtable Investment Partners LLC New York, New York

Frank E. Previte ’65

Wayne A. Budd, Esq. ’63, LL.D. ’13 (Hon.)

President and Chief Executive Officer EBI Consulting Burlington, Massachusetts

Senior Counsel Goodwin Procter LLP Boston, Massachusetts

Navyn Datoo Salem ’94, D.S.s. ’12 (Hon.)

Juan A. Concepción, Esq. ’96, M.Ed. ’97, J.D. & M.B.A. ’03

Founder Edesia|Global Nutrition Solutions Providence, Rhode Island

Associate General Council Local Corporation Boston, Massachusetts

Huisking Professor of Theology University of Notre Dame Notre Dame, Indiana

Robert M. Devlin Chairman Curragh Capital Partners, LLC New York, New York

Andrew N. Downing, S.J. ’07 Loyola University Jesuit Community Chicago, Illinois

Francis A. Doyle ’70, M.B.A. ’75 President and Chief Executive Officer Connell Limited Partnership Boston, Massachusetts

Cynthia Lee Egan ’78 President of Retirement Plan Services (Ret.) T. Rowe Price Baltimore, Maryland

Emilia M. Fanjul Palm Beach, Florida

John F. Farrell Jr. Greenwich, Connecticut

Yen-Tsai Feng Roy E. Larsen Librarian (Ret.) Harvard College Lexington, Massachusetts

Mary J. Steele Guilfoile ’76 Chairman MG Advisors, Inc. Norwalk, Connecticut

Paul F. Harman, S.J. ’61, M.A. ’62, B.D. ’68 Vice President for Mission College of the Holy Cross Worcester, Massachusetts

Daniel J. Harrington, S.J. ’64, M.A. ’65, D.H.L. ’09 (Hon.) * Professor of Theology Boston College, School of Theology and Ministry Chestnut Hill, Massachusetts 35


John L. Harrington ’57, M.B.A. ’66, D.B.A. ’10 (Hon.) Chairman of the Board Yawkey Foundation Dedham, Massachusetts

John J. Higgins, S.J. ’59, M.A. ’60, S.T.L. ’67

Robert J. Murray ’62

Randall P. Seidl ’85

Chairman and Chief Executive Officer (Ret.) New England Business Service, Inc. Boston, Massachusetts

Chief Executive Officer Revenue Acceleration, LLC Wellesley, Massachusetts

Therese E. Myers NC ’66

Director of Campus Ministry/Chaplain for Lincoln Center Fordham University New York, New York

Fairfield Jesuit Community Fairfield, Connecticut

Chief Executive Officer Bouquet Multimedia, LLC Oxnard, California

Richard T. Horan Sr. ’53

Thomas P. O’Neill III ’68

President (Ret.) Hughes Oil Company, Inc. Newton, Massachusetts

Chief Executive Officer O’Neill and Associates Boston, Massachusetts

Richard A. Jalkut ’66

Brian G. Paulson, S.J., S.T.L. ’93

President and Chief Executive Officer TelePacific Communications Los Angeles, California

Rector Loyola University Jesuit Community Chicago, Illinois

Anne P. Jones, Esq. ’58, J.D. ’61, LL.D. ’08 (Hon.)

Sally Engelhard Pingree

John J. Shea, S.J., M.Ed. ’70

Sylvia Q. Simmons, M.Ed. ’62, Ph.D. ’90, D.H.L. ’11 (Hon.) President (Ret.) American Student Assistance Corp. Roxbury, Massachusetts

Robert L. Sullivan ’50, M.A. ’52 International Practice Director (Ret.) Peat, Marwick, Mitchell & Co. Siasconset, Massachusetts

Richard F. Syron ’66, LL.D. ’89 (Hon.)

Consultant Bethesda, Maryland

Director and Vice Chairman Engelhard Hanovia, Inc. Washington, DC

Michael D. Jones, Esq. ’72, J.D. ’76

Paula D. Polito ’81

Chief Operating Officer Public Broadcasting Service Arlington, Virginia

Client Strategy Officer UBS Wealth Management Americas Weehawken, New Jersey

Edmund F. Kelly

R. Robert Popeo, Esq., J.D. ’61

Chairman and Chief Executive Officer (Ret.) Liberty Mutual Group Boston, Massachusetts

Chairman and President Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC Boston, Massachusetts

Jeffrey P. von Arx, S.J., M.Div. ’81

Robert K. Kraft

John J. Powers ’73

Vincent A. Wasik

Chairman and Chief Executive Officer The Kraft Group Foxborough, Massachusetts

Managing Director and Advisory Director Goldman Sachs & Company New York, New York

Co-Founder and Principal MCG Global, LLC Westport, Connecticut

Robert B. Lawton, S.J.

Richard F. Powers III ’67

Georgetown Jesuit Community Washington, DC

Advisory Director (Ret.) Morgan Stanley Hobe Sound, Florida

Benaree P. Wiley, D.P.A. ’09 (Hon.)

Catherine T. McNamee, C.S.J., M.Ed. ’55, M.A. ’58 St. Paul, Minnesota

John A. McNeice, Jr. ’54, D.B.A. ’97 (Hon.) Chairman and Chief Executive Officer (Ret.) The Colonial Group, Inc. Canton, Massachusetts

R. Michael Murray Jr. ’61, M.A. ’65 Director Emeritus McKinsey & Company, Inc. Chicago, Illinois

Hon. Pierre-Richard Prosper, Esq., ’85 Counsel Arent Fox LLP Los Angeles, California

Nicholas S. Rashford, S.J. Professor St. Joseph’s University Philadelphia, Pennsylvania

Thomas J. Rattigan ’60

Adjunct Professor Boston College Chestnut Hill, Massachusetts

Thomas A. Vanderslice ’53, D.B.A. ’03 (Hon.) Osterville, Massachusetts President Fairfield University Fairfield, Connecticut

President and Chief Executive Officer (Emeritus) The Partnership, Inc. Boston, Massachusetts

Jeremy K. Zipple, S.J. ’00, S.T.L. ’14 Director and Producer National Geographic Television Boston College, School of Theology and Ministry Chestnut Hill, Massachusetts

Terrence P. Devino, S.J. Vice President and University Secretary

Natick, Massachusetts

Thomas F. Ryan Jr. ’63 Private Investor (Ret.) Boston, Massachusetts

J. Donald Monan, S.J., Ll.d. ’96 (Hon.) University Chancellor *Deceased

36


p r o d u c e d by t h e o f f i c e o f m a r k e t i n g c o m m u n i c at i o n s a r t d i r e c t o r : d i a n a pa r z i a l e

|

9/14 |

editor: maureen dezell

|

writer: william bole

p h o t o g r a p h y : c a i t l i n c u n n i n g h a m , g a ry way n e g i l b e rt , l e e p e l l e g r i n i

e d i t o r i a l a s s i s ta n t : z a c h a ry m o o r e

’16 |

printing: kirkwood printing

0914 2808202


chestnut hill, massachusetts 02467

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