The Promise for Tomorrow Campaign (Endowment, 2002 – 2010

“The Promise for Tomorrow Campaign” included $3 million from Dr. E. Malcolm Field.

Burnett S. Kelly

Domimic Monastiere

Lloyd Yeo The Promise for Tomorrow Campaign (Endowment, 2002 – 2010)

Begun in 2005, the “Promise for Tomorrow” campaign, the largest in SVSU’s history, raised more than $23 million, exceeding its original goal of $20 million.

The project funded several major endowments:12 • $3 million from Dr. E. Malcolm Field to create two new endowed chair positions, the

Clifford Spicer Chair in Engineering, and the Malcolm and Lois Field Chair in Health

Science; • $2 million from the Herbert H. and Grace A. Dow Foundation to establish the Entrepreneurship Institute and endow an entrepreneur-in-residence position; • $1.5 million from the Rollin M. Gerstacker Foundation to establish the Gerstacker

Fellowship to provide leadership training to select K-12 educators; and • $1.5 million from the Harvey Randall Wickes Foundation to establish the Braun Fellowship, named in honor of Ruth and Ted Braun of Saginaw, to recognize and support exceptional accomplishments and potential of SVSU faculty and staff. • Additionally, nearly $3 million from the campaign created more than 50 new scholarships, many of these to help needy students.”13

The steering committee of the venture included Braun; Herbert D. “Ted” Doan of the The Herbert H. and Grace A. Dow Foundation; B. J. Humphreys of the legal firm of Lippert, Humphreys PC; Burnett S. Kelly, SVSU Executive-in-Residence and former Dow Corning USA corporate president; Dominic Monastiere, president of Chemical Bank-Bay City; Alan Ott of the Rollin M. Gerstacker Foundation; Yantz; and Lloyd Yeo of the CPA firm of Yeo & Yeo.