IMPACT
Creating Transformational Experiences Through Philanthropy
Spring2014
In this Issue:
som.gmu.edu/give
Mason Innovation Lab Celebrates Grand Opening: First cohort to occupy space over the summer months School of Management Alumnus Earns Top Honors: Dusty Wince, EMBA ’12, named 2014 Alumnus of the Year Extraordinary Student Achievements: Junior Sarah Zeb uses Mason resources to reach academic success
impact
Message from the Dean Spring is the time to celebrate all things new and mark the milestones that shape our way forward. Armed with the new university vision, last summer we embarked on an inclusive and collaborative strategic planning effort to chart our future course for the next decade. Our highest priority in crafting our plans for the future was identifying how to best serve the needs of our students, our community, our faculty and staff, and the world. I am a firm believer that together we are more than the sum of our parts. And, our path forward is possible only when we expand our engagement with our alumni, donors, and community to create a stronger, betterequipped business school to deliver transformational learning experiences to each student and organization we serve. I am grateful for your partnership with us in this endeavor.
As we work to grow our network of supporters, I look at the strides and impact we’ve made in just the past year. Donor support like that of Patty Roberts ’77, Dusty Wince ’12, and organizations such as IBM, FedBid, Knowledge Consulting Group, 4CEO, and The Community Foundation for Northern Virginia (all of which you can read more about in this newsletter) enable us to provide meaningful financial assistance to our students, attract and retain top faculty and staff, and provide an intellectual and entrepreneurial learning environment. It is a privilege to serve as dean at this inflection point in our history, and I look forward to continuing our work together as we evolve to meet the changing needs of our students and continue to deliver an outstanding experience, which has allowed our graduates to enjoy the highest median annual wages of all graduates from fouryear Virginia institutions. With gratitude,
Sarah E. Nutter Dean
funding Priorities
1. 2. 3. 4. 5.
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Annual Support provides a critical source of expendable capital that enables us to remain competitive, flexible, and innovative by responding to changing circumstances and taking advantage of new opportunities. Student Experience and Financial Aid investments allow us to fulfill the university’s top priority—providing students with a transformational learning experience that helps them grow as individuals, scholars, and professionals. Faculty Enrichment and Research Funding contributions drive the innovative research and inspired teaching that are integral components of a relevant curriculum in today’s rapidly evolving business landscape. Academic Excellence and Programmatic Support gifts serve to sustain and expand student programming as well as community and global outreach efforts. Facilities and Technological Support equips us with the tools needed to provide outstanding service to our faculty, staff, students, alumni, and friends.
GEORGE MASON UNIVERSiTY | SCHOOL OF MANAGEMENT
Spring2014
Gifts in Action Having celebrated its grand opening in March 2014, the Mason Innovation Lab, a new oncampus work and learning space for budding student and alumni entrepreneurs of any major, is accepting its first applicants. Selected project teams will construct the first cohort and occupy the lab during the summer months. Based in Enterprise Hall, the lab provides an innovation curriculum, dedicated workspace, connections with faculty and professional mentors, and small stipends to help fund projects. Lab director David J. Miller bills the space as “a place, a community, a process that will help usher ideas—and even careers—to fruition. “We want people who want to disrupt—in a positive way. For people who want to go to the next level who are really serious about their innovation, there hasn’t been a place for them. This is for people who really want to focus and take their innovation the next step.” Joining Miller on the lab project team are three School of Management representatives—Mahesh Joshi, director of Innovation and Entrepreneurship for the School of Management; Hun Lee, associate director for the Center for Global Business; and Jim Wolfe, Entrepreneur-in-Residence. “We can help you move ahead in 20 different ways,” Miller says. “But the majority of the resources are off campus—people, technology, finances, networks—so half of our job is to get people connected off campus.” Miller and his project team will bring in guest speakers and arrange field trips to area companies in addition to providing faculty and professional support for the participants. He says, “We want them off in the real world making an impact as quickly as possible. We need it here first to connect them to the outside.”
4CEO, and The Community Foundation for Northern Virginia. To learn more about the Mason Innovation Lab, support its success, or join the network of entrepreneurs already involved, contact Assistant Director of Advancement Whitney Hanlin at whanlin@gmu.edu.
“[The Mason Innovation Lab is] a place, a community, a process that will help usher ideas—and even careers—to fruition.”
That growing network already is in place. Lab sponsors include IBM, FedBid, Knowledge Consulting Group,
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impact
Spotlight on our Champions FacultySpotlight Robert D. Johnston Professor of Finance
Dr. Robert Johnston has been an integral part of the success of the School of Management and its students for over 30 years. His passion, experience, and knowledge as a professor of finance reached far beyond his interactions with students in the classroom as his tireless efforts have provided students with career kick-starting opportunities that have set them on a higher trajectory of professional success. In November 2012, as Johnston announced his retirement, one student in particular sought to thank him for his hand in her own career success. In a grand gesture of gratitude, Patricia Roberts, BS Business Administration ’77, and her husband, established the Robert D. Johnston Endowed Professorship. Johnston is hopeful that the professorship will enable the school to appoint a finance faculty member who will be committed to helping students succeed by opening doors for the very best placement both as students and graduates—a quality that, he feels, is crucial to building the School of Management brand and its relationships. Learn more about Dr. Johnston and the professorship named in his honor at som.gmu.edu/johnston.
StudentSpotlight Sarah Zeb BS Accounting & Finance
As a soon-to-graduate high school student in Islamabad, Pakistan seeking undergraduate studies in accounting, Sarah Zeb searched for academic opportunities in the United States. With relatives living in Alexandria, Virginia, George Mason University not only offered the programs she desired but was perfectly situated to enable Zeb to remain connected to family as she made her move to a new country. Since entering Mason as a freshman in the fall of 2011, Zeb has worked on campus, participated in a variety of extracurricular activities, and earned several academic distinctions, including the James R. Beers Endowed Scholarship, the Northern Virginia Chapter of VSCPA Scholarship, and the Ruth A. and Gilbert E. Merten Endowed Scholarship. Zeb expects to graduate in May 2015 with a BS in accounting and finance and a minor in economics. She plans to sit for the CPA exam and earn a position at one of the ‘Big 4’ public accounting firms. Zeb attributes her success and accomplishments to her professors as they, in her words, “not only taught me, but also encouraged me, supported me, and provided me with advice.” Learn more about Zeb on our blog at tinyurl.com/SarahZeb.
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GEORGE MASON UNIVERSiTY | SCHOOL OF MANAGEMENT
Spring2014
Spotlight on our Champions AlumniSpotlight Dale “Dusty” Wince Executive MBA ’12
Dusty Wince, the 2014 George Mason Alumnus of the Year, attended Mason in his late 40s as an esteemed businessman to satisfy a nagging urge to add an MBA to his extensive résumé and experience academia in a way he never had before. His drive to succeed academically was recognized when he graduated from the Executive MBA program in 2012 and was inducted to the Beta Gamma Sigma Honor Society and named Outstanding Graduate of the Year. Wince’s academic success was only the start of his contributions to Mason. In the summer of 2012, Wince donated $100,000 to establish the Mason Student Venture Fund which provides funding to student entrepreneurs. In addition, Wince helped secure funds to establish the recently opened Mason Innovation Lab and is the founding member of the Center for Global Business Advisory Board, whose resources benefit budding student entrepreneurs. “I really think my work is just beginning at the school,” the Alumnus of the Year says. “I have another family and another life—and that’s Mason.” Learn more about Wince on our blog at tinyurl.com/DustyWince.
FriendSpotlight
R. Jerry Grossman Managing Director, Houlihan Lokey Jerry Grossman first became involved with the School of Management when he took a few accounting courses in the mid-1980s. Many years later, his daughter Jill attended Mason to earn her BS in marketing. As a senior, Jill led her team to win the school’s annual Dean’s Business Plan Competition. Of that experience, Jill expressed her appreciation for the corporate knowledge her professors infused into their lessons. She believed her coursework gave her ‘real-world’ know-how she could directly apply to the competition and later her professional life. Inspired by the significant role Mason played in his daughter’s life, Grossman sought to get involved once again with the School of Management and became a member of the Dean’s Advisory Council in the spring of 2008. Since joining the Dean’s Advisory Council, Grossman has become chair of the Mentorship and Placement Committee in support of the school’s career services efforts and a founding member of the Entrepreneurship and Innovation Development Committee, which seeks to connect the business community with the university and the Mason Innovation Lab in particular. Learn more about Grossman on our blog at tinyurl.com/JerryGrossman.
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impact
by the numbers In 2013, 81.2% of school of Management Graduate students and 61.1% of School of Management Undergraduate Students were employed at the time of graduation Source: George Mason University Career Services
Our Goal 1,200
Alumni Donors
Making the Grade
Virginia is among the first states to publish salary data for recent graduates of its colleges and universities. Here, we explore the average salaries for graduates with bachelor’s degrees from the state’s largest schools.
$41,153
George Mason University
$39,648
University of Virginia
$38,957
Virginia Tech
$36,571
Old Dominion University
$35,224
James Madison University
Virginia Commonwealth University
$34,571
College of William & Mary Radford University
Norfolk State University
$34,677
$31,825
$31,454
Virginia State University $28,820
Source: College Measures; State Council of Higher Education for Virginia
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GEORGE MASON UNIVERSiTY | SCHOOL OF MANAGEMENT
71% At the close of FY2014 Q3
Spring2014
Donor Recognition Champions Gold Partners 4CEO Mr. Steven Alloy Ms. Marjorie Alloy Alloy Family Foundation Ms. Cheryl Amyx Annandale Millwork/Allied Systems Corp Mr. Stephen M. Bouchard Mrs. Barbara J. Bouchard Buchanan Partners, LLC Mr. George C. Cabalu Mrs. Sarah E. Cabalu Central Armature Works, Inc.
Community Foundation for NOVA Ms. Lynn Alexis Lee Corey Mr. Stephen M. Cumbie Deloitte LLP Dixon Hughes Goodman Foundation Fidelity Charitable Gift Fund Druscilla French, PhD Mr. Gene L. Frogale Mr. Robert J. Frogale Mrs. Ellen Frogale Mrs. Laurie Frogale Mr. Robert E. Green, III Mrs. Kaylene H. Green
Mr. R. Jerry Grossman Mrs. Jacquelyn A. Grossman IBM Corporation Kearney & Company, P.C. KPMG Foundation, Inc. Legatus Solutions Corporation Mr. Charles A. McGrath Mrs. Ellen McGrath Dr. Kumar Mehta Mr. Jerry T. Pierce Mr. Scott C. Plein Mrs. Ingrid Plein Reston Limousine
Ms. Brandi Sangunett Mr. Sumeet Shrivastava Mrs. Joya Shrivastava The Christopher Companies The Peterson Companies The Rotary Club of Dunn Loring Mr. Michael Twyman Van Metre Companies Mr. Dale G. Wince, Jr. Mrs. Sharon Wince Mr. Raymond L. Winn, III
Silver Partners Baker Tilly Virchow Krause LLP BDO Mr. Stephen M. Bouchard Mrs. Barbara J. Bouchard Mr. Michael W. Creasy
Glass Distributors, Inc. Grant Thornton Foundation Mr. Bentley Gregg Mrs. Susan B. Gregg Kearney & Company, P.C.
Atlas Group LTD Mr. Stuart C. Bogema, Jr. Mr. Anthony S. Brozna Mrs. Diane Brozna Ms. Jennifer V. Dalton Dixon Hughes Goodman Foundation Mr. Brian L. Ellis Mrs. Stacey L. Ellis Employment Enterprises, Inc. Mr. Lance A. Featherngill Mrs. Lisa Rudolph Featherngill Greater Washington Board of Trade Mr. Bentley Gregg
Mrs. Susan B. Gregg Grossberg Company LLP Mrs. Lovey L. Hammel James W. Harvey, PhD Mrs. Alesia F. Harvey Ms. Lillian T. Heizer Mr. G. John Houtary KPMG Foundation, Inc. Mr. David F. La Mar LCH Consulting LLC Russell C. Libby, MD Mr. Mark H. Melton Mrs. Kimberly E. Melton
Kinsey Properties LLC KPMG, LLP Mr. Nelson Montes, Jr. Mrs. Michelle L. Montes Mr. David C. Nutter
Sarah E. Nutter, PhD Mr. Layne Rowland Mrs. Carol Rowland Mrs. Sally Tongren Watkins, Meegan, Drury & Company
Bronze Partners Mr. Charlie H. Mills, III Mrs. Myra S. Mills NAIOP Ms. Laura E. Nathan Mr. Kenneth E. Quinlan, Jr. Mrs. Kiyoung Rector Ms. Janis S. Reed Mr. E. John Regan, Jr. Mrs. Judy Regan Mr. Robert T. Richardson Mrs. Debra H. Richardson Mr. David A. Roe Mrs. Pamela A. Roe
Mr. Edward H. Ryan Ryan Sharkey LLP Mary E. Schmidt, MD Mr. Mansoor H. Shahzad Mr. Sumeet Shrivastava Mrs. Joya Shrivastava Thompson, Greenspon & Co. P.C. Mr. William L. Walsh, Jr. Mrs. Patricia Walsh Wells Fargo Community Support Campaign Wells Fargo Foundation Rev. Jamie R. Workman
Supporters Patrons
Mr. David C. Atkins Mr. John W. Carney CohnReznick LLP Mr. Kevin J. Colgate Mrs. Carol Colgate Mrs. Sally J. Dafashy Wagih G. Dafashy, Ph.D. Mr. Chris C. Davis, CPA Mrs. Laura R. Davis
Mr. Edward W. DeMasters Ms. Darnell K. DeMasters Mr. Steven H. Deutch Frank & Company, P.C. Mr. Michael P. Gallagher Mr. William W. Giroux Ms. Sirena G. Johnson Dr. Karen A. Kitching Ms. Debra A. Loy
Mr. Bruce E. Baldwin, II Mrs. Julie E. Baldwin Mr. Timothy J. Brodnik Mrs. Joan D. Brodnik Ms. Kathryn L. Buck Mr. Jason Chesky Mr. Edward P. Coney Ms. Deirdre D. Cooke Mr. Robert M. Cromwell Mr. Michael C. Cunniff Mr. Edward W. DeMasters Ms. Darnell K. DeMasters Mrs. Helene Deramond
Mr. Brian L. Ellis Mrs. Stacey L. Ellis Mr. Brian Enser Mrs. Sandra B. Enser Fritz & Company, P.C. Gartner, Inc. Grant Thornton Foundation Donna S. Humes, RN, MNEd. Mr. Kyle L. Jones, Jr. Ms. Nonia G. Jones Mr. Timothy J. Kutz, Sr. Mrs. Elizabeth Kutz Mrs. Christine A. Landoll
Capt. Brian E. Luther Mr. Alan L. Meltzer Mrs. Amy Meltzer Meltzer Carroll Life Murray, Jonson, White & Associates Alison S. O’Brien, PhD Mr. Raymond J. O’Brien Mr. Foxhall A. Parker Mr. Robert P. Roliardi
Mrs. Jacqueline A. Roliardi Roliardi Living Trust Ms. Sarah R. Shuey Ms. Mary E. Szpanka Thompson, Greenspon & Co. P.C. Mrs. Daphne L. Wahl Mr. Michael R. Ward Mrs. Janice D. Ward Wells Fargo Foundation
Colleagues Ms. Leah G. Levy Mrs. Marilyn E. Lummus Mr. Richard L. Meisner Mrs. Carolyn N. Meisner Microsoft Ms. Cindy Miley Mr. Moghees Nezam Mr. Edmund H. Novak Mr. Scott M. Renegar Ms. Karen L. Rhiger Ms. Pamela J. Rypkema Mrs. Patricia M. Sample Mr. Thomas J. Schweinefuss
Mr. Ralph R. Talley, Jr. Monique T. Valentine, CPA We Energies Foundation Mr. L. Dwayne Weaver Mr. Daryl L. Wieland Mrs. Melinda K. Wieland Mr. L. Allen Wood Mrs. Denise S. Wood Mrs. Elizabeth R. Wood Rev. Jamie R. Workman
Note: Donors represented have given to the School of Management at the levels represented during fiscal year 2014 between July 1, 2013 and March 31, 2014.
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Non-Profit Organization U.S. POSTAGE PAID Fairfax, VA Permit 1532
4400 University Drive, MS 1B1 Fairfax, VA 22030
Upcoming Events Annual Business alumni Celebration Friday, September 19, 2014 Sheraton Premiere at Tysons Corner som.gmu.edu/alumnicelebration
18th Annual Northern Virginia Golf Classic Monday, June 16, 2014 11 a.m. to 7 p.m. Piedmont Club – Haymarket northernvagolfclassic.eventbrite.com
VIEWPOINTS: Power Networking for Women Thursday, August 21, 2014 6 to 9 p.m. The Vineyards & Winery at Lost Creek som.gmu.edu/wib
Brown & Brown Distinguished Speaker Series featuring Stephen Moore Monday, September 29, 2014 6 to 8 p.m. Johnson Center Cinema (Fairfax Campus) som.gmu.edu/bbspeakerseries
Brown & Brown Distinguished Speaker Series featuring Teresa Carlson Friday, October 10, 2014 6 to 8 p.m. Stacy C. Sherwood Community Center (Fairfax) som.gmu.edu/bbspeakerseries
Luncheon Supporting the Phillip G. Buchanan Faculty Fellowship Thursday, October 30, 2014 11:30 a.m. to 1 p.m. Old Town Hall (Fairfax) som.gmu.edu/buchanan
VIEWPOINTS: A Conversation with Mary Davis Holt Friday, November 14, 2014 7:30 to 10:30 a.m. Country Club of Fairfax som.gmu.edu/wib
Stay connected with the School of Management
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