2020-2021 Impact Report
THE HALFORD FAMILY & BIXBY LAND COMPANY STUDENT AWARD Prepared for Mr. Aaron Hill
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Table of Contents 4
A Message from Dean Williamson
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Philanthropy with Purpose
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The Impact of Scholarship
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The Halford Family & Bixby Land Company Student Award
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Charitable Contributions
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Merage School Endowment
THANK YOU You are making the difference.
It is a great honor to join the UCI Paul Merage School of Business as your new dean. The Merage School experience goes far beyond a traditional classroom education. Students are developed into digitally–driven leaders, they build invaluable relationships with faculty and mentors and join an elite alumni community that spans across the globe. We are in a period of great disruption for higher education, and the Merage School is in a tremendous position to provide innovative solutions for the student experience through online and in-person course delivery and our ability to increase access to a world class education. This is where dedicated scholarship donors come in. Your generosity enables students with financial insecurities to receive a premier business education as well as access to a myriad of opportunities that the Merage School community provides. Your impact does not end with our student body. Philanthropic scholarship funds have become, and will continue to be, increasingly vital to the future of the Merage School. When you support the Merage School, you understand that what we do matters. Thank you for joining me in the mission of The Paul Merage School of Business.
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PHILANTHROPY WITH PURPOSE At The Paul Merage School of Business, we are committed to providing scholarship support for our diverse student body to ensure that the best and brightest receive a top-tier education, regardless of wealth or background. The Merage School’s ability to recruit gifted individuals in this competitive environment depends on financial support. Scholarships at the Merage School are designed to reward, encourage, and assist students in pursuing academic excellence and leadership roles in our digitally-driven world. Monetary awards enable the Merage School to recruit highly qualified students with the potential to have a positive impact in business, as well as in society as a whole. We are fortunate to benefit from the generosity of our alumni and community members whose dedication to providing scholarship opportunities serve as a philanthropic priority.
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THE IMPACT OF SCHOLARSHIP
Scholarship opportunities keep the Merage School strong and allow us to attract students throughout the world. Your investment directly impacts what is at the core of our mission – to provide a diverse student body with the leadership skills to thrive in this digitally-driven world. The 2020-2021 scholarship figures below reflect the private philanthropic support of our Merage School donors.
2020-2021 Graduate Scholarship Awards
17+
Graduate students awarded scholarships
$558,126+
600
Total scholarship dollars
Students enrolled in Merage School graduate programs
awarded from philanthropic contributions
2020-2021 Undergraduate Scholarship Awards
8+
$16,750+
Total scholarships awarded to undergraduate students
Total scholarship dollars awarded from philanthropic contributions
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Endowed Scholarship Funds
130% 6
increase during the Brilliant Future Campaign
THE HALFORD FAMILY & BIXBY LAND COMPANY STUDENT AWARD In 2018, the Center for Real Estate received a gift from the Bixby Land Company to create an endowed scholarship and honor the life of Bill Halford. The Halford Family & Bixby Land Company Student Award supports merit-based graduate or undergraduate students who have demonstrated a strong interest in pursuing real estate studies and participating in the Center’s activities. As a passionate supporter of higher education, Bill served as chairman of the Center for Real Estate Advisory Board for many years and led numerous initiatives, including the Real Estate Mentorship program, which today has become a school-wide program incorporating all disciplines at the business school. For the 2019-2020 academic year, the Center for Real Estate had the honor to award the first recipient of this newly endowed scholarship to Charlie Jackson, a member of the Fully Employed MBA Class of 2021 cohort. For over six years, he has been employed at California Pacific Homes and manages all acquisitions for the organization. During the 2020-2021 academic year, The Halford Family & Bixby Land Company Student Award was given to Ryan Hargrove, a graduate student in the MBA for Executives program. As a member of the Class of 2022 cohort, Ryan has an extensive background in the real estate indusrty. With his Master of Real Estate Development from USC and 20 years of experience in the commercial real estate industry, Ryan was the ideal candidate to receive this student award.
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CHARLIE JACKSON The 2019-2020 Halford Family & Bixby Land Company Student Award Recipient radar, including corporations and industries that touch even the outer ring of real estate and finance. Tell us about your background before you became a student at the Merage School? I was born and raised in Laguna Beach. After graduating from Laguna Beach High School, I went on to pursue my undergraduate degree at the University of Oregon. Upon my college graduation, I returned home to pursue a career in the homebuilding ndustry. I was hired as an Assistant Superintendent for California Pacific Homes and worked my way out of construction and into the office covering all aspects of operations before being promoted to Director, Land Acquisition. After six years with the company, I currently head up all acquisitions for California Pacific Homes.
How did the Halford Family & Bixby Land Company Award change your career path? The Halford Family & Bixby Land Company Scholarship has had a very large impact on my career, primarily allowing me the opportunity to attend the UCI Paul Merage School of Business. This scholarship gave me the financial security to commit to the Fully Employed MBA program and without this, I may have gone to another program, or not pursued my MBA at all. As a fully employed student, it was critical to avoid burdening myself with student debt while furthering my education, and this scholarship gave me the financial security to make my decision.
How has this award impacted your experience at the Merage School? This award has impacted my experience at the Merage School by giving me the financial flexibility to pursue my education without the burden of student loans and debt.
How did the Merage School help you achieve your goals? The Merage School has given me an opportunity to further pursue my studies in real estate development - outside of my current role in the homebuilding industry. It has given me more exposure to other roles, specialties, and nuances of the real estate profession. It has opened the door to a host of opportunities in the real estate field that previously were not on my
What opportunities are you most grateful for? I am most grateful for the opportunity to further my education. There are many material things in life, but one thing no man can take from you is your education. Without scholarship funds from generous donors such as the Halford Family and the Bixby Land Company, I would not have this opportunity to continue learning and developing my professional skill sets. I am incredibly grateful to be granted the honor of this scholarship.
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RYAN HARGROVE The 2020-2021 Halford Family & Bixby Land Company Student Award Recipient
A LETTER OF APPRECIATION Dear Halford Family and Bixby Land Company, Thank you for the generous scholarship. I was very pleased and appreciative to learn that I was selected as the recipient of this award. I have spent my entire 21-year career in the commercial real estate industry after graduating from the Master of Real Estate Development (MRED) program at USC in 2000. I currently serve as the Real Estate Valuation Services Manager for the County of Orange, where I provide real estate valuation services to multiple departments and agencies to facilitate the acquisition, management, leasing, and disposition of real property. I also teach entry-level real estate appraisal courses at Mt. San Antonio College and Long Beach City College. Approximately three years ago, I was at a crossroads in my career and burned out from performing real estate valuations for loan underwriting purposes for many years. Rather than leave the valuation field, I refocused myself to teaching and public service with a government agency. Shortly thereafter, I decided to pursue an Executive MBA at UCI and immediately reached out to Professor Ed Coulson to establish a relationship with the Center for Real Estate at the Merage School. I was a guest speaker in Professor Coulson’s classes on three occasions during the 2020 academic year. Through my studies at UCI, I aim to update and enhance my real estate knowledge, become an active participant in the Center for Real Estate, share my knowledge with others whenever possible, and foster relationships with likeminded individuals. Upon graduation, it is my intent to give back to UCI via financial contributions and mentoring of future students. Thank you again for your thoughtful and generous gift. It is greatly appreciated. Sincerely, Ryan Hargrove
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THE HALFORD FAMILY & BIXBY LAND COMPANY STUDENT AWARD ENDOWEMENT GROWTH As of 2021, The Halford Family & Bixby Land Company Student Award endowment is valued at $117,647, with a payout of approximtely $5,000. Because of the Dean’s commitment to our generous donors, the Merage School matches The Halford Family & Bixby Land Company Student Award to provide additional financial security for our students.
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Endowment Fund Growth $120,000 $115,000 $110,000 $105,000 $100,000
2019
2020
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2021
SUMMARY OF CHARITABLE CONTRIBUTIONS TO THE PAUL MERAGE SCHOOL OF BUSINESS
100 + H
Bixby Land Company’s generous support to The Paul Merage School of Business allows us to continue our mission to increase access to a world-class education. We hope you feel proud to know that your philanthropy makes an impact each year as we award scholarships to our student body.
$100,000
100+H
$140,250
The Halford Family & Bixby Land Company Student Award
Center for Real Estate
Cumulative Commitments to the Merage School
$240,250 11
THE MERAGE SCHOOL STATE OF ENDOWMENT $29,602,006
Growth, Market Value and Breakdown As of March 2021
$35,000,000
$29,602,006
$30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2007
2006
2005
2004
2003
2002
2001
2000
$0
23+40+289D Research 9%
Department Support 23%
Student Support 28%
Chairs 40%
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LOOKING AHEAD The Paul Merage School of Business is grateful for the generosity of staff, alumni and community members as we continue to support our student body at the highest level possible. During the course of our comprehensive capital campaign, Brilliant Future, UCI seeks to increase its philanthropic gifts through private resources. An investment in the Merage School is an investment in the future of your community. Your commitment and your generosity ensures our three campaign priorities are achieved.
Access
Scholarships and Fellowships
Innovation
Faculty and Student Research
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Legacy
Leave your legacy for the next generation
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