CHAIRMAN’S LETTER / SPRING 2014 Dear Friends… It was great to see everyone at our February board meeting in Athens. We had an excellent turnout and accomplished much in a short period of time. I was especially gratified by the board’s unanimous support for a campaign goal of not less than $1 billion, which may be adjusted upward at a later date. I also hope you will find the new wallet cards with key campaign talking points helpful in your conversations with donors and prospects. With your help and commitment to engaging in fundraising activities, I am heartened by the prospect of success in the campaign and am sincerely appreciative of your efforts. I am grateful for all of the work that goes on in our committees, as the efforts at that level are essential to increasing the foundation’s annual support to the university. With that said, I want to take a moment to note that, thanks in large part to the diligent work of the Investment Committee, chaired by Joe Frierson, the University of Georgia Foundation’s total assets have grown to more than $900 million! The investment strategies they employ consistently outperform major benchmarks and are central to growing the foundation’s portfolio. Their fiduciary care of funds donors have so generously provided for the university’s benefit have helped our endowment reach its highest point in history. It’s hard to believe, but the current academic year has less than two months remaining and in May we’ll be turning out another class of graduates ready to carry the UGA banner into the world. Graduation also signals that the June board meeting is not far off. Please mark your calendars for June 19-20 when we will convene in St. Simons for our annual meeting where we will be saying goodbye to several trustees and announcing our newest board members. Thanks again for all that you do in service to the foundation and to the University of Georgia! Sincerely,
John Spalding (AB ’82, JD ’85) Chairman