you the power of
the f i u f o u n dat i o n , i n c .
2011-2012 a n n ua l r e p o r t
the fiu fo u n dat i o n , i n c .
2011-2012 a n n ua l r e p o r t
2011-2012
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you
the power of
The following pages celebrate the power of you–the power of our family of donors to make a difference and shape the future of FIU.
Together we are building a new American university, fueled by philanthropy and strengthened by the financial foundation that you are helping us to create.
These stories reflect the driving force of FIU’s continued growth–the donors who seek to enrich, inspire and transform our community through their generosity, advocacy and Worlds Ahead vision.
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Justo L. Pozo, CPA ‘80
Chair, The FIU Foundation, Inc. Board of Directors
Mark B. Rosenberg President
Howard R. Lipman
Senior Vice President, University Advancement and President and CEO, The FIU Foundation, Inc.
.
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Message from Leadership Dear FIU Family, FIU’s opening day of classes in 1972 was fueled by a vision to build a people’s university. From one building–the Tower–in the middle of an abandoned airport field, FIU has grown to become a leading public research institution that transforms lives through education, opportunities and innovation. We can attribute this growth in part to the individuals, foundations and corporations that support FIU. The FIU Foundation was formed by our first president, Charles Perry, in 1969. It serves to nurture relationships with donors, secure philanthropic support and steward gifts on behalf of FIU. People like you are the core of who we are and what we do. Annually, the Foundation receives more than 24,452 gifts from 18,786 individuals, corporations, parents, alumni, foundations and others–and we could not be more grateful. Our mission is to uphold your trust by demonstrating integrity, responsibility and service excellence. We listen to what inspires you about higher education and then connect you with FIU leadership and initiatives that match your goals. We work closely with community, university and financial leaders to ensure the best management of your investments. It is our pleasure to share highlights of another year of remarkable progress and growth made possible by your generosity. This year’s report features some of the many donors who have chosen to invest in FIU. Most importantly, the report showcases the impact these donors have made. We thank you for helping us strengthen FIU by giving today and looking toward the future. It is through the generosity of friends and alumni like you that we will thrive as a national and global leader in higher education. Thank you for all that you continue to do for FIU.
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you t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
“
T
he only common denominator for all of us,” said Dr. Herbert A. Wertheim, “is
time. It’s what we do with that nonrenewable
community, I want to invest in those who are going to stay here and pour their talent and their energy back into this community.”
resource that defines who we are…. I love life and I want to do as much as I can to make a
Overcoming significant challenges in his
difference in this world.”
childhood–including poverty, dyslexia and
In 2009, Wertheim pledged $20 million to
name the FIU Herbert Wertheim College of Medicine, building on his past support for units across FIU and service as a founding member of the FIU Board of Trustees. Dr. Wertheim also served as chairman of the FIU Foundation Board of Directors and led
a successful, $200 million dollar capital and scholarship campaign. In 2011, Wertheim fulfilled his $20 million pledge ahead of schedule–a powerful reflection of his commitment to community-based medical education and the FIU mission. “FIU has been in my heart for more than 25 years and when I look around here and
dropping out of school in the ninth grade –Wertheim has enjoyed a varied career
as a veteran, educator, inventor, scientist, optometric physician, visual neurologist, research clinician and entrepreneur. His inventions have protected millions from
serious eye diseases that include cataracts, corneal dystrophy and macular degeneration. “Dr. Wertheim is an extraordinary role model of strength and perseverance to our students and community,” said FIU President Mark B. Rosenberg. “He is an inspiring individual who has succeeded in spite of adversity and has encouraged young people to pursue their dreams through higher education.”
see the amazing accomplishments during
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that time, I can’t help but want to continue
Wertheim hopes his philanthropic investments
to contribute to this success story,” said
in FIU serve as an inspiration to others to give
Wertheim, chairman and CEO of Brain Power
back to their community, either financially or
Inc., the world’s largest manufacturer of
through the investment of time and talent. “It
optical instruments and chemicals. “FIU is
is not how much but how often that matters;
our hometown university and as a son of this
giving of one’s self is a good thing.”
u
22001111- -22001122
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Inspirational Catalyst Dr. Herbert A. Wertheim
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
We Believe Ignite: The FIU Faculty & Staff Campaign
you Dianne F. Valdivia Membership Manager, Office of Alumni Relations
I support the FIU Alumni Association and the College of Business Administration.
Betsy Soler ‘10
Social Media Community Manager, Division of External Relations
Thomas Breslin
Interim Dean, University Libraries
L
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Dianne F. Valdivia ‘06, MS ‘10
Membership Manager, Office of Alumni Relations
aunched by the Office of Annual Giving in February 2012, the FIU Faculty & Staff Campaign-Ignite is the first of its kind in FIU’s history. Within only five months, Ignite raised more than $2 million.
Dr. Stephen M. Fain, founding faculty member and chair of the campaign. “As we move forward, I expect that even more of us will find meaningful ways to participate in the Ignite campaign.”
With gifts ranging from $20 to a seven-figure planned gift, members of the university community have funded scholarships, research, the arts and many more programs across FIU. “This is the beginning of a sea change in our institutional culture,” said
“Together we are igniting dreams, creativity, discovery and innovation for the thousands of current and future students of this great university,” said FIU President Mark B. Rosenberg.
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“This is the beginning of a sea of change in our institutional culture.” –Dr. Stephen M. Fain, founding faculty member and chair of the campaign
u
Henry A. Thomas Baseball Head Coach, Department of Intercollegiate Athletics
Cathy Leff Director, The Wolfsonian
I support The Wolfsonian and the Frost Art Museum.
Cathy Leff
Director, The Wolfsonian
I support FIU Baseball and the Athletics Department.
Henry A. Thomas
Baseball Head Coach, Department of Intecollegiate Athletics
Ignite encourages employees to donate to the area of the university they care about most. More than 30 percent of FIU’s employees have already given. Of those, more than 10 percent are part of the Leadership Circle, acknowledging their five-year pledge to FIU.
Felecia D. Townsend Director of Operations for Business Services, Division of Finance
I support FIU Athletics and Annual Giving.
Felecia D. Townsend
Director of Operations for Business Services, Division of Finance
pockets for our good institution because… we believe in us, our purpose, our mission, our people, our students. We believe in what we are doing!”
“For us to ask our external community for support, we must lead by example,” said Rosenberg at the campaign launch. “We must send the message that we reach into our
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
T
railblazer. Visionary. Innovator. These words are synonymous with Dean Emeritus and Professor Dr. Lillian Lodge Kopenhaver. With a myriad of accolades attached to her name, it’s no surprise that she has garnered national recognition for her outstanding service and contributions to journalism, both in the academy and in the profession.
8
For the last 39 years, she worked tirelessly to create programs and opportunities for students, from the founding of FIU’s School of Journalism and Mass Communication to, most recently, the establishment of
The Lillian Lodge Kopenhaver Center for the Advancement of Women in Communication through her $1 million planned gift.
Engaging female students, academics and professionals through workshops, lectures, panel discussions and other activities, the Center will be a pioneering site for the advancement of women in the field of communication–a programming distinction at FIU. “I want the next generations of young women to know their goals are achievable and that the doors will be opened just a little wider for them because of the work we can do with the Kopenhaver Center,” said
ou 2011-2012
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Pioneering Spirit
Dr. Lillian Lodge Kopenhaver
Kopenhaver, who stepped down as dean in 2011 to return to teaching. In recognition of her service to FIU, she was awarded the FIU Distinguished Service Medallion by president Mark B. Rosenberg during the fall 2011 commencement ceremonies.
Journalism and Mass Communication Education in 2009 by the Association for Education in Journalism and Mass Communication. The creation of the Kopenhaver Center reflects and celebrates this legacy of excellence.
Previously serving as the first female president of the Greater Miami Professional Chapter of the Society of Professional Journalists (SPJ) and the first female president of College Media Advisers, Kopenhaver was only the second woman in 77 years to receive the prestigious Wells Memorial Key for her work with SPJ. She was also named Outstanding Woman in
Advancing FIU’s growth remains a fundamental part of Kopenhaver’s life. “It has been a wonderful, fulfilling adventure, and I have been very fortunate to be here from the very beginning–to see the university grow into the world class institution it is today and to have been part of helping it along the way,” she said.
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
A Perfect Match Jewish Museum of Florida-FIU
L
ocated in two adjacent Art Deco buildings in Miami Beach that are former
synagogues on the National Register of
y
challenges of the immigrant experiences shared by all ethnicities in Florida.
Historic Places, the Jewish Museum of
“This step launches us into our next phase
Florida-FIU explores 250 years of Jewish art,
of growth by strengthening awareness of
culture and history in the State of Florida.
our institution and its mission, broadening
The Museum will create a historic partnership
our academic offerings and increasing
and ignite a new era of interdisciplinary
scholarly research of our collections,” said
education, research and outreach focused
Jo Ann Arnowitz, director and chief curator
on the history of the Jewish experience in
of the Museum. “Our synergy and mutual
Florida.
commitment to exploring the richness and
diversity of Jewish life in Florida makes this a “Through this generous gift, FIU will expand our reach into the Florida community,
perfect match.”
helping to preserve an important part of our
Through exhibitions, public programs,
history while enhancing the global learning
historical collections and publications,
experience we offer our students,” said FIU
the Museum has provided multicultural
President Mark B. Rosenberg.
education for nearly two decades. Its addition will complement the work of FIU’s School
In addition to the Museum’s buildings, the
of International and Public Affairs, creating
gift to FIU includes the historical collections,
deeper conversations about the intersections
research library, endowment and other
among history, culture, religion, literature,
assets. A key component of this match is the
political science and international relations.
relocation of a variety of programs, including Judaic Studies, to the Museum’s facilities.
To learn more about the Jewish Museum of
The plan also includes the expansion of
Florida-FIU please visit us at:
academic programs and research endeavors
301 Washignton Avenue, Miami Beach, FL
designed to educate the FIU and greater
33139 or at www.jewishmuseum.com
South Florida communities about the
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ou Jo Ann Arnowitz
Director and Chief Curator Jewish Museum of Florida-FIU
.
Elliot Stone
President Jewish Museum of Florida-FIU
.
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Field of Dreams David F. Alfonso ’96 and Linda B. Alfonso
N
othing excites FIU alumnus David F. Alfonso ‘96 and his family more than the gridiron action of FIU Football. In true Panther spirit, David is a leading supporter of his alma mater’s Athletics program. In 2011, FIU named the Alfonso Field at FIU Stadium in recognition of the Alfonso family’s philanthropic investment in FIU Athletics. Building on this financial commitment, David agreed to serve as co-chair of the Stadium Campaign Task Force, a dedicated group of volunteers who led the efforts to raise the funding needed for the Stadium’s recent expansion. His passion for FIU Football is palpable. “Although this is incredibly fulfilling for our family, this is solely about FIU and the path our athletic program is on to becoming national contenders,” said David, chairman and CEO of Empire Investment Holdings. “Support from alumni and friends keeps the University moving forward. Our support further inspires student-athletes, coaches and staff who work so hard to represent FIU with distinction and to engender a great sense of pride and excitement.”
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When David received the FIU Medallion-Outstanding Alumnus award at commencement in May 2011, he emphasized that all FIU graduates share the same responsibility: “to recognize how important our role is to provide ongoing support through time and treasury.” Athletics, he said, is a key ingredient in maintaining that connection between alumni and the university.
y
“We are grateful for the level of support the Alfonso family has shown FIU Athletics,” said FIU Athletics Director Pete Garcia. “This is a perfect example of the commitment needed to build a winning program. David’s vision is on par with what we are looking to accomplish here at FIU. It only seems fitting that his name be associated with the Athletics program. Alfonso Field at FIU Stadium continues to be the crown jewel of FIU Athletics.”
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you Alfonso Family
From left to right: Victoria, Linda, David and Madison
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
T
he Miami Bayside Foundation understands the impact of higher
education on the economic vitality of
yo
funds, the gift will result in a total impact of $353,000.
South Florida. In June 2011, the Foundation
“We are proud to partner with FIU, Miami’s
pledged a gift of $100,000 to create a
public research university,” said Nathan
scholarship endowment for City of Miami
Kurland, chair of the Miami Bayside
residents who demonstrate an interest in
Foundation Board of Directors. “So many of
business, leadership and entrepreneurship.
our students need financial assistance to
access the opportunities an FIU education
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The Foundation also pledged an additional $100,000 to support City of Miami residents
can provide.”
through the First Generation Scholarship
Founded in 1988, the Miami Bayside
Fund. Pending the receipt of state matching
Foundation seeks to stimulate economic
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Panoramic photo courtesy of Bayside Marketplace
Educational Empowerment
ou Miami Bayside Foundation
Miami Bayside Foundation Board.
From left to right: Louis McMillian, Board Member; Josie Correa, Treasurer; Pamella Weller, Vice Chair; Kathleen Murphy, Executive Director; Pablo Perez-Cisneros, Board Member
development in the City of Miami and
said Justo L. Pozo CPA ‘80, Chairman, FIU
provide educational opportunities.
Foundation Board of Directors and President,
Advancing this mission, the gift will provide
Preferred Care Partners.
talented residents of the City of Miami
with the resources needed to pursue their academic and professional goals at FIU.
“As an alum and entrepreneur, I understand the significance of having the support
The Foundation’s gift reflects FIU’s role as
an economic engine of South Florida. “The Miami Bayside Foundation believes that in
order to advance our community, we need
needed to flourish and succeed. The
to start at the real center of innovation,” said
generosity of the Miami Bayside Foundation
Kurland. “Through education we can truly
has been critical to opening those doors to
empower today’s entrepreneurs and the
success for first generation students at FIU,”
aspiring entrepreneurs of tomorrow.”
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Every Gift Counts
Scott Norberg, J.D.
Photo by: Brett Kramer, Brett Kramer Photography
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ou
2011-2012
W
hether it’s $10 or $1,000,000, each gift to FIU represents a significant
opportunity to make an impact.
a n n ua l r e p o r t
In giving back to FIU what he gained through his Faculty Award for Excellence in Teaching, Norberg said, “It’s such a worthy project, and the timing seemed providential. It is a way
For the First Generation Scholarship Fund,
to say thank you to the university, and more
one gift made all the difference. A
specifically to my students and my law faculty
contribution of $3,750 from FIU Law
and staff colleagues, for the good fortune it is
Professor Scott Norberg in November
to be a professor of law at FIU.”
2011 helped FIU surpass its goal and raise $516,328, bringing the total amount of
Designed to bring a university education
scholarships awarded in the 2011-2012
within reach, the First Generation Scholarship
academic year to more than $1 million.
Fund provides support to qualified
For the first time in the history of the
undergraduate students who are the first
state matching program, FIU raised
generation in their families to attain a college
the maximum amount allocated by the
degree. Since the program’s inception in
State of Florida.
2006, FIU has awarded nearly $4.2 million to more than 6,100 FIU students.
A primary supporter of FIU’s College of
Law, Norberg is currently on leave from FIU
“An investment in FIU is an investment in
and serves as the deputy consultant to the
the future of the South Florida community
American Bar Association’s Section on Legal
and the State,” said Norberg. “The FIU degree
Education and Admissions to the Bar in
represents tremendous value for modest
Chicago. He has served as professor at the
cost to students, but this is possible in these
College since 2001 and was the founding
times of dwindling public resources only if
associate dean for Academic Affairs for
individual and corporate stakeholders are
four years.
willing to take part.”
“An investment in FIU is an investment in the future of the South Florida community and the State.” –Scott Norberg, J.D.
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yo t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Global Impact
Obrasc贸n Huarte Lain (OHL)
Juan-Miguel Villar Mir President & Chairman OHL
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Photo courtesy of OHL
ou I
n 1987, Juan-Miguel Villar Mir, president and chairman of the board of directors
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“FIU’s program will move forward at a faster pace with OHL’s investment in and
of Obrascón Huarte Lain (OHL), acquired
commitment to mutual values of excellence,
the company on the verge of disappearing.
sustainability, diversity, progress, economic
Twenty-five years later, the global construction
development and quality of life,” said
multinational OHL Group boasts sales of $6.3
Villar Mir. “We look for the OHL School of
billion, leading major projects in more than
Construction to become one of the top
30 countries. As OHL expands its presence in
programs of its kind in the U.S. and abroad.”
the United States, FIU is honored to partner with the corporation in support of the OHL School of Construction, the first named
school in the history of the FIU College of Engineering and Computing.
Established in 1973, the construction management program at FIU is a leading local and national supplier of construction management executives, distinguished as the largest graduate program in Florida. The support of OHL will empower the School to become an international center for excellence in construction education. In alignment with the expansion priorities of OHL, partnership with FIU will address the growing demand for diverse construction industry professionals locally and throughout the southeast U.S., Latin America and the Caribbean. “With a global presence in the Dominican Republic and Panama, and strong executive and online offerings, our construction program is already Worlds Ahead,” said Amir Mirmiran, dean of FIU’s College of Engineering and Computing . “This generous gift will place
U.S. Century Bank Arena
Agustin Arellano President Arellano Construction
the OHL School of Construction in an elite group of national and international peers.”
Lauro Bravar CEO OHL USA
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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Leading by Example
Gerald C. Grant, Jr. ‘78, MBA ‘89
A
double graduate of FIU, member of the FIU Board of Trustees and dedicated
successful level, and his involvement with the
larger institution of FIU has been extraordinary.”
donor since the early 1990s, Gerald C. Grant, Jr. ‘78, MBA ‘89 is no stranger to the impact
Selected by Legacy Magazine as one of South
of education–a gift, he said, that is more
Florida’s 50 Most Powerful Black Professionals
valuable than any other.
of 2011, Grant has contributed to the growth of FIU in numerous ways from serving on the
In 2006, Grant established the Gerald C.
FIU Board of Trustees and the FIU Foundation
Grant, Jr. Scholarship Fund in the FIU Honors
Board of Directors to the FIU Alumni
College to award high achieving Honors
Association Board, President’s Council, and
students. “I want to lead by example and
Honors College Community Advisory Board.
encourage other alumni and friends of FIU
to step out of their comfort zone and make a
“I serve at FIU because I believe it is our
significant gift to make our university better,”
responsibility to give back and make our
said Grant, South Florida branch director of
community a better place to live. FIU has
AXA Advisors, LLC.
made a tremendous difference in my life,” said Grant. “As a trustee, the decisions I make will
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“No one is more committed to the welfare
impact the lives of thousands of students
and advancement of FIU than Gerald Grant,”
who will enter the doors of FIU. I will not
said Honors College Dean Lesley A. Northup.
take that responsibility lightly and will make
“His service on our advisory board helped
sure that we make each student’s learning
immeasurably in building it to its current
experience memorable.”
ou
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“I want to lead by example and encourage other alumni and friends of
FIU to step out of their comfort zone and make a significant gift to make our university better.”
–Gerald C. Grant, Jr. ‘78, MBA ‘89
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
you Candice B. Gidney, Esq.
Director The Betty G. Reader Foundation
Jerilynn Gidney
Co-Trustee The Betty G. Reader Foundation
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A Legacy of Service The Betty G. Reader Foundation
u B
etty G. Reader’s legacy of giving back to her community lives on at FIU. An active
The first FIU scholarship with a preference for students who have served the Jewish
volunteer and philanthropist who passed
community, the fund will honor Reader’s
in 2009 at the age of 99, Reader supported
legacy and dedication to the well-being of
numerous organizations such as American
the greater Jewish community. As many as 12
Friends of Hebrew University, Jewish
incoming freshmen will be selected each year
Home for the Aged, Greater Miami Jewish
to receive the four-year scholarships.
Federation, Hadassah, American Cancer
Society, Miami Jewish Home and Hospital
“The Betty G. Reader Scholarship Fund
and Mount Sinai Medical Center of
will have a lasting impact on FIU and our
Miami Beach.
community,” said FIU Dean of Undergraduate Education Doug Robertson. “This program
In celebration of
will change the lives of many young persons
her volunteerism,
who have demonstrated their potential
Reader received
for success through exemplary academic
many awards
achievement, leadership and citizenship.”
including The
Betty G. Reader
Hebrew University
One of the first recipients of the scholarship
Award and the
is Steeve Jerome, a freshman electrical
Diamond Medal
engineering major who served as vice
from Hadassah.
president of his high school’s 5000 Role
Honoring this
Models of Excellence Program and mentored
legacy of service, in
at-risk male students at Benjamin Franklin
2011 the trustees
Elementary. Jerome’s selection reflects his
of her estate made
dedication to the ideals personified by Reader:
a $600,000 commitment to establish the
“This scholarship was truly a blessing and it
Betty G. Reader Scholarship Fund for
is propelling me toward the realization of the
students who have demonstrated
American dream…. Being able to serve and
exemplary service to and leadership in
contribute to my community has been one of
the community.
the most humbling experiences of my life.” 23
t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Father-Son Commitment
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Harvey R. and Wayne E. Chaplin
T
he idea to build a beverage management center at FIU was a bold one. The Chaplin family, owners of Southern Wine & Spirits of America, deemed it a promising project and offered their support in 1996. Their initial gift sparked a private-public success story that has helped place FIU at the forefront of hospitality education.
In honor of the Chaplins’ 16-year partnership with the program, FIU named its top-rated hospitality school the Chaplin School of Hospitality and Tourism Management in April 2012. “This is a wonderful way to recognize our long-standing commitment to FIU,” said Southern Wine & Spirits President and Chief Operating Officer Wayne E. Chaplin. “We are committed to the education of the hospitality industry’s future leaders and want to do our part to provide them with an exceptional learning experience.” In addition to the center, the Chaplins supported the Harvey R. Chaplin Eminent
24
Scholar Chair, the first and only one in the country devoted to beverage management. The Chaplins also supported the creation of the renowned Food Network South Beach Wine & Food Festival, which has grown into one of the nation’s largest events of its kind and generated more than $17 million for the Chaplin School. A new teaching restaurant, funded by festival proceeds, will strengthen the school’s growing research in food, beer and spirits and sharpen its focus on building management skills. The Chaplins and Southern Wine & Spirits continue to support the festival as the main sponsor and owner of the festival trademark. Harvey R. Chaplin, Wayne’s father and Southern Wine & Spirits’ chairman and CEO, recalled the decision to invest in FIU. “I don’t think an alcoholic beverage company has supported a Florida university before, and none of us ever dreamed that we would end up where we have,” he said. “It really has been a wonderful ride.”
2011-2012
a n n ua l r e p o r t
“We are committed to the education of the hospitality industry’s future leaders and want to do our part to provide them with an exceptional learning experience.”
–Harvey R. and Wayne E. Chaplin
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t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Tradition of Healing Baptist Health South Florida
I
n the words of Wayne Brackin, Baptist Health South Florida’s chief
partner of the Wertheim College of Medicine since the founding of South Florida’s first and
operating officer and executive vice
only public medical school in 2006. More
president, “Baptist Health and FIU have
than 30 percent of the College’s
grown up together in this South Florida
faculty are affiliated with Baptist Health.
community. The depth and breadth of the
In 2010, the College established its first
contributions of Panther alumni to the
residency partnership, a family medicine
success of Baptist Health South Florida
training program at West Kendall Baptist
cannot be overstated. From nursing to
Hospital.
management to physical therapy to hospitality to biomedical engineering
“Baptist is a leader in health care and their
and everywhere in between, FIU is there.”
long tradition of healing in our community will enhance our mission of educating
A dedicated donor to the university since
socially aware and responsive physicians who
1987, Baptist Health has made philanthropic
will practice medicine in a compassionate
investments in units ranging from the
and comprehensive manner,” said Dr. John
Honors College and Athletics to the College
Rock, founding dean of the College.
of Nursing and Health Sciences and the
26
Herbert Wertheim College of Medicine.
Thanks to the support of community partners
Baptist Health and FIU share a commitment
such as Baptist Health, the College is realizing
to community-based medical education as
its vision to lead the next generation of
anchor institutions that are transforming the
medical education and continually improve
future of health care in South Florida.
the quality of health care available to the
Baptist Health has remained an engaged
South Florida community.
you 2011-2012
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James West
Third year medical student, currently completing his surgery rotation at West Kendall Baptist Hospital
27
t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
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Beyond Buildings
Tibor and Sheila Hollo
Photo by: Patrick Farrell, The Miami Herald
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2011-2012
a n n ua l r e p o r t
you “The Hollos are true visionaries.”
–Joyce Elam, dean emeritus of the FIU College of Business
T
he beauty of the Miami skyline reflects the iconic reputation of Tibor Hollo.
International University embraces this
challenge in its real estate program, and I am
Considered an architect of modern Miami,
proud of our new association. I look forward
Tibor constructed the first high-rise office
to ongoing progress in the study of real estate,
building on Brickell Avenue in 1972. In
guided by the outstanding scholars at FIU.”
recognition of his legacy as a pioneer of the real estate industry, he was recently named
South Florida’s Entrepreneur of the Year by FIU. In March 2012, FIU partnered with the
South Florida developer and his wife Sheila to name the Tibor and Sheila Hollo School of Real Estate in the College of Business.
The couple’s generous gift will be used to create an endowment that supports FIU’s
premier real estate program in perpetuity, including its undergraduate and graduate degree programs, continuing education
President of Florida East Coast Realty (FECR), Tibor has made his mark by advocating
and developing innovative projects that
emphasize living, working and playing in the
urban core. Since its founding nearly 60 years ago, FECR has advanced the development of 60 million square feet of residential,
commercial, retail and industrial space, with
landmark projects from New York to Nevada and throughout Florida.
opportunities and industry-driven research.
“The Hollos are true visionaries,” said Joyce
“Real estate is a dynamic profession, one
Business. “By establishing the Hollo School,
that challenges our best minds to explore
they will help ensure the growth of our real
how to use our limited resources to finance
estate program. We anticipate great advances
and create useful, exciting places to live and
thanks to the guidance of an exceptional
work,” Tibor said. “I am grateful that Florida
pioneer and true role model.”
Elam, dean emeritus of the College of
29
: FACTS t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
about FIU Fall 2012
Number 1 in the nation in awarding bachelor’s and master’s degrees to Hispanic students
46,000+
Number of students attending FIU in Fall 2011.
Campuses and Academic Centers • Modesto A. Maidique Campus • Biscayne Bay Campus in North Miami • Engineering Center • FIU Broward Pines Center in Pembroke Pines • FIU Downtown on Brickell • FIU Miami Beach Urban Studios Tianjin Center in Tianjin, China
30
Museums
The Patricia and Phillip Frost Art Museum The Wolfsonian-FIU Jewish Museum of Florida-FIU
FOUNDED IN
1965 Nearly 50 percent of all undergraduate students at FIU receive financial aid, and nearly 60 percent of those financial aid recipients come from families with annual household incomes under $30,000. More than 50 percent of FIU undergraduate students are the first in their families to attend college.
96
percent of the university’s tenured or tenure-earning faculty hold doctorates or the highest degree attainable in their field.
2011-2012
a n n ua l r e p o r t
62
% Florida International University is a vibrant, student-centered Hispanic public research university, ideally located in Miami, % that is WorldsAhead in its commitment to White learning, research, entrepreneurship, Non-Hispanic innovation and creativity so that % our graduates are prepared to Black succeed in a global market. %
13
13
4
Colleges and Schools College of Architecture + The Arts • School of Architecture • School of Music College of Arts & Sciences • School of Environment, Arts & Society • School of Integrated Science & Humanity • School of International & Public Affairs College of Business • School of Accounting • Alvah H. Chapman, Jr. Graduate School of Business • R. Kirk Landon Undergraduate School of Business • Tibor and Sheila Hollo School of Real Estate College of Education College of Engineering and Computing • School of Computing and Information Sciences • OHL School of Construction Honors College College of Law Herbert Wertheim College of Medicine College of Nursing & Health Sciences Chaplin School of Hospitality and Tourism Management School of Journalism and Mass Communication Robert Stempel College of Public Health and Social Work • School of Social Work University Graduate School University College (Continuing Education and Fully Online programs)
8%
Asian or Pacific Islander
other minority groups
FIU’s dynamic student body reflects the vibrant diversity of South Florida
%
167,000 FIU alumni More than $100 million in research and sponsored programs.
}
180
bachelor’s, master’s and doctoral programs
}
31
t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
The Florida International University Foundation, Inc. (FIU Foundation) was established in 1969 to encourage, solicit, receive and administer gifts for scientific, educational and charitable purposes for the advancement of FIU and its objectives. It is registered by the State of Florida as a charitable organization and is approved by the U.S. Internal Revenue Service as a tax exempt 501(c)(3) organization. The Foundation has also been certified as a Direct Support Organization (DSO) of FIU as defined in Florida Statue 1004.28. The FIU Foundation is a non-profit corporation governed by a Board of Directors, whose members play a significant role in the development of the university as a major educational, cultural and economic resource. The mission of the university is advanced through the involvement of the Directors and their contribution of time, leadership and financial resources.
32
2 0 1 1 - 20 1 2
a n n ua l r e p o r t
FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION, INC. AND SUBSIDIARIES (A Direct Support Organization) CONSOLIDATED STATEMENT OF FINANCIAL POSITION JUNE 30, 2012 (WITH COMPARATIVE TOTALS FOR JUNE 30, 2011) Assets: Cash and cash equivalents Contributions receivable, net Investments Due from Florida International University Bond issuance costs, net Other Assets Fixed assets, net Total Assets Liabilities: Accounts payable and other liabilities Annuity payables Deferred revenue Due to Florida International University Due to Florida International University Athletics Finance Corp. Split-interest obligations Derivative liability Note payable Total Liabilities Net Assets: Unrestricted Temporarily restricted Permanently restricted Total Net Assets Total Liabilities and Net Assets
2011
2012
25,360,829 42,319,332 152,352,145 34,501 135,060 941,001 12,571,255 $233,714,123 977,189 257,925 630,938 580,626 - 789,486 536,947 8,785,000 12,558,111 22,761,966 34,874,337 163,519,709 221,156,012 $233,714,123
4,806,843 61,536,667 168,514,586 136,285 122,590 839,549 12,174,916 $248,131,436
289,652 188,385 843,218 673,237 56,100 789,060 432,872 8,180,000 11,452,524
21,631,305 33,472,532 181,575,075 236,678,912 $248,131,436
33
t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
Snapshot of Giving for Fiscal Year 2011-2012 Giving by Donor Type Donor Type Alumni Friends (Individuals)
Total Donors 12,132 4,558
Parents 352 Faculty/Staff 1,024 Corporations 507 Foundations 82
Alumni
Corporations
Friends (Individuals)
Foundations
Organizations 131
Parents
Organizations
Total
Faculty/Staff
Endowment Performance
(In millions)
Investment Fund Balance
Fund Balance History
Year Ended 34
18,786
2011-2012
a n n ua l r e p o r t
Giving by Donor Type in Dollars Donor Type
Total Raised
Alumni
$
3,058,894
Friends (Individuals)
$
15,136,490
Parents
$
79,714
Faculty/Staff
$
2,800,689
Corporations
$
7,659,244
Foundations
$
2,694,396
Alumni
Corporations
Friends (Individuals)
Foundations
Organizations
$
21,637,372
Parents
Organizations
Total
$
53,060,395
Faculty/Staff
Rate of Return
FIU Foundation Investment Returns
Year Ended 35
t h e f l o r i d a i n t e r n at i o n a l u n i v e r s i t y f o u n d at i o n , i n c .
The FIU Foundation, Inc. 2011-2012 Board of Directors Thank you to our current, ex-officio and emeritus directors who give of their time to lead the foundation to new heights. Executive Committee Justo L. Pozo, CPA ‘80
Kathryn G. Chase
Carlos B. Castillo, Esq. ‘88
Thomas M. Cornish ‘85
Noel J. Guillama-Alvarez ‘99
Chairperson
Secretary
Member
Member
Immediate Past Chair
T. Gene Prescott
Richard Brilliant ‘93
Carlos A. Duart ‘94, MS ‘99
Veronica Cervera Goeseke
Howard R. Lipman
Vice Chairperson
Treasurer
Member
Member
President and CEO, The FIU Foundation, Inc.
Directors Nelson L. Adams, M.D.
Thomas M. Cornish ‘85
Christopher G. Korge
Lilly Bernal Pino ‘97
Ronald A. Shuffield
David S. Adler ‘09
Kathryn G. Chase
R. Kirk Landon
Justo L. Pozo, CPA ‘80
Isaac Zelcer
Jose M. Aldrich
Carlos A. Duart ‘94, MS ‘99
Donald E. Lefton
T. Gene Prescott
Sanford L. Ziff
Agustin R. Arellano, Sr.
Candice Gidney, Esq.
Juan J. Martinez ’90, ‘93
Jonathan E. Perlman
EX-OFFICIO
Antonio L. Argiz, CPA ‘74
Jorge J. Gonzalez ‘88
Michael R. Mendez ‘03, MBA ‘10
Enrique A. “Henry” Ramos
Victor C. Balestra
Stephen H. Bittel
Gerald C. Grant, Jr. ‘78, MBA ‘89
Chad Moss ‘94
Carolina Rendeiro
Jack F. Gonzalez ‘97
John Bussel
Noel J. Guillama-Alvarez ‘99
Mario Murgado
Orlando Roche ‘88
C. Delano Gray
Richard Brilliant ‘93
Jeffrey L. Horstmyer, M.D.
Marcel L. Navarro ‘93
Jorge Rossell
Denise Halpin
Carlos B. Castillo, Esq. ‘88
Neisen O. Kasdin, Esq.
Marcos A. Perez ‘90, MBA ‘00
Carlos A. Sabater, CPA ‘81
Rosa L. Jones
Veronica Cervera Goeseke
S. Lawrence Kahn, III
Danny Pino ’96
Adalio T. Sanchez ‘87
Albert R. Maury ‘96, B.Acc. ‘02
Neal O. Amdur*
Leon J. Ell *
Roz Kovens
David L. Perlman*
Norman R. Weldon
John K. Aurell
Catherine H. Fahringer
William M. Lehman, Jr.
Ricardo Nuñez-Portuondo
Gerald Thomas Wolfe ’80, ‘86
Oscar Bustillo
Stanley J. Glaser*
Morris Levitt
Earl W. Powell
Sonny Wright
Jordan Davidson*
Gui L. P. Govaert*
Modesto A. Maidique
Joan Peven Smith
Charles Zwick
Victor I. Eber *
J. Stephen Hudson
Albert Morrison, Jr.*
Theodore Spak
Lester R. Johnson
W. James Orovitz*
Amancio V. Suarez
Emeritus Directors
Former Foundation Board Chairpersons
John K. Aurell (1971-1973)
Thomas D. Lumpkin* (1978-1980)
Robert H. Coords (1987-1988)
Patricia Frost (1997-1999)
Joseph L. Caruncho , Sr. “81 (2008-2009)
Lester R. Johnson, Jr. (1973-1975)
David L. Perlman* Chairperson Emeritus (1980-1982)
Alvah H. Chapman, Jr.* Chairperson Emeritus (1988-1993)
Sherrill W. Hudson (2000 - 2002)
Albert Morrison, Jr.* Honorary Chairperson (2010- honored posthumously)
Catherine H. Fahringer (1982-1984)
Joseph P. Lacher (1993-1994)
W. James Orovitz* (1984-1987)
David R. Parker (1994-1997)
Jay Janis* (1975-1976) Dave W. Schornstein (1976-1977) J. Stephen Hudson (1977-1978)
Herbert A. Wertheim, O.D. (1999 - 2000)
Donald E. Lefton (2002 -2004) Carlos A. Migoya (2004-2006) S. Lawrence Kahn, III (2006-2008)
*deceased We would like to thank FIU External Relations - Office of Publications and FIU Academic Imaging Services for their support and work on this project. Art Director: Oscar Negret. Photographers: Gloria O’Connell, Miguel Asencio, Ivan Santiago.
36
Noel J. Guillama-Alvarez ‘99 (2010-2011)
Donor Bill Of Rights “It takes a noble person to plant a tree that will one day provide shade for those whom we may never meet.” – Anonymous Florida International University respects the wishes of its donors and believes donors should have full confidence in the university’s handling of their support. FIU subscribes to the Donor Bill of Rights adopted by the Council for the Advancement and Support of Education (CASE). Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To assure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the not-for-profit organizations and causes they are asked to support, we declare that all donors have these rights: I. To be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes. II. To be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities. III. To have access to the organization’s most recent financial statements. IV. To be assured their gifts will be used for the purposes for which they were given. V. To receive appropriate acknowledgement and recognition. VI. To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law. VII. To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature. VIII. To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors. IX. To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share. X. To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.
Developed by Association of Fundraising Professionals (AFP), Association for Healthcare Philanthropy (AHP), Council for Advancement and Support of Education (CASE) and Giving Institute: Leading Consultants to Non-Profits.
T h e FIU F o u n d ati o n , I n c . M o d e s t o A. M a i d i q u e C am p u s • 11200 S.W. 8 t h S t r e e t , MAR C 540 • M i am i , F l o r i d a 33199 P h o n e : 305-348-6298 • F a x : 305-348-3337 f o u n d at i o n . f i u . e d u