2020-2021 Endowment Report
THE LD REYER SCHOLARSHIP Prepared for Ms. LD Reyer
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Table of Contents
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Philanthropy with Purpose
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The Impact of Scholarship
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The LD Reyer Scholarship
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LD Reyer Financials
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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. Endowed 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+ Total scholarship dollars
600
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
23
Endowed Scholarship Funds 6
130%
increase during the Brilliant Future Campaign
THE LD REYER SCHOLARHSIP In 2019, alumna LD Reyer created the endowed scholarship, The LD Reyer Scholarship at The Paul Merage School of Business. This scholarship is awarded to an MBA student based on academic performance, work experience and leadership potential. During the 2019-2020 academic year, Rachel Tsui was the inaugural recipient. Rachel is currently enrolled in the Fully-Employed MBA program, employed at Edwards LifeSciences and plans to graduate in 2022. For the 2020-2021 academic year, Teresa Davis was awarded this scholarship. Teresa is in the 2022 cohort of the MBA for Executives program. She is currently a Care Manager Registered Nurse at St. Joseph’s Health - Mission Hospital, and wants to make a real impact in the healthcare industry.
Teresa Davis
The 2020-2021 LD Reyer Scholarship Recipient
Teresa started working as an office assistant at 13 years old. After high school, she quickly earned her Medical Assistant certificate, and then proceeded into an Associates program in Business Administration. She began her career in doctors’ offices and moved into the health insurance field quickly thereafter. Upon leaving Corporate America, Teresa decided to become a registered nurse. After a year as a floor nurse, she then decided to take her nursing experience and business sense to become a Medical Review Nurse in the health insurance industry. She found her passion - analyzing medical records and business policies. Five years later, with additional experience and clarity about what she wanted career-wise, she decided to pursue an Executive MBA at UCI Paul Merage School of Business.
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TERESA DAVIS EMBA‘22 The 2020-2021 LD Reyer Scholarship Recipient
Dear LD: I would like to take this opportunity to thank you for your generosity in providing support through the gift of scholarship. I am pursuing an Executive MBA at the University of California Irvine, focusing on Healthcare Leadership and entrepreneurial development. I plan to utilize the skills and knowledge to improve patient care models in the healthcare industry, start a nationwide healthcare services company, help develop state-of-the-art assisted living facilities, as well as develop a tech-media production company. I feel that collaborating and networking with other business students in UCI’s Executive MBA program will increase my creativity and provide new insight on innovative technology to fine tune my business and leadership skills. Thanks again and wish me luck! Teresa Davis, RN, BSN, CCM
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RACHEL TSUI FEMBA ‘22 The 2019-2020 LD Reyer Scholarship Recipient How did the LD Reyer Scholarship change your career path? The LD Reyer Scholarship has inspired me to pursue more, to go outside of my comfort zone. I recently moved into a new role with my current employer, Edwards Lifesciences, to support the Global Planning, Sourcing, and Logistics organization as an Associate Finance Manager. With this transition, I will gain valuable experience and skillsets within this role that will further support my career development in finance. How did the Merage School help you achieve your goals? Building my career and furthering my education have always been important to me as I am passionate about growing professionally and continuously learning. With the MBA program, I’m exposed to things that I normally would not have had in my career in finance. I plan to continue to work my way up the corporate ladder, with the learnings/skills/network I will gain from this program.
At Edwards, I’ve held several roles in different areas in finance. During my time in corporate FP&A, I realized that I wanted to expand my horizon and be more wellrounded outside of finance. That’s why I went back to school to earn my MBA. How has this award impacted your experience at the Merage School? I think having extra scholarship money goes a long way. It’s nice to have peace of mind knowing that I don’t have to worry about finding an extra source to fund my MBA, so that I can focus on what truly matters the most - my education and career development.
Tell us about your background before you became a student at the Merage School? I was born and raised in Hong Kong, and I moved with my family to the US when I was 15. I graduated from UC San Diego with a BS in Management Science and a minor in Accounting. I was a first-generation college student; my parents did not get the opportunity to go to college and had to work very hard to build their business from the ground up without much formal education. The idea of having a good education was instilled in me as a young child, and my parents’ experience inspired me to work hard to pursue an education. After college, I worked for a year as an accountant in a small familyowned company in the construction industry. Then, I moved to Edwards Lifesciences and I’ve been there for nearly 7 years.
What opportunities are you most grateful for? I’m grateful that I was selected to be the recipient of the LD Reyer Scholarship. I’m grateful that I was able to meet LD in person, thank her for her generosity and learn more about her experience. I’m grateful that despite COVID, I’m still able to get a good education at the Merage School. I’m grateful for the support I’ve gotten along the way during my MBA journey.
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SUMMARY OF CHARITABLE CONTRIBUTIONS TO THE PAUL MERAGE SCHOOL OF BUSINESS
100 100 +H + H
Your generous support to The Paul Merage School of Business allows us to continue our mission to provide higher education to all. We hope you feel proud to know that your philanthropy makes an impact each year as we award scholarships to our student body.
100+H
The LD Reyer Scholarship
$100,000
$700
The Dean’s Leadership Circle
$8,500
The Merage School Fund
Cumulative Commitments to the Merage School
$109,200 10
THE LD REYER SCHOLARSHIP ENDOWEMENT GROWTH CHART As of 2021, The LD Reyer Scholarship endowment is valued at $10,962. Once the endowed fund minimum of $25,000 is fulfilled, the annual scholarship award will be approximately $1,125. Because of the Dean’s commitment to our generous donors, the Merage School will fully fund and match The LD Reyer Scholarship award until the completion of the endowment in 2024.
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Projected Growth With Pledged Dollars
$25,000 $20,000 $15,000 $10,000 $5,000 2019
2020
2021
2022
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2023
2024
THE MERAGE SCHOOL STATE OF ENDOWMENT $27,299,972
Growth, Market Value and Breakdown As of December 2020 $35,000,000 $30,000,000
$27,299,972
$25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000
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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