U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
A N N UA L REP O RT
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
2008–2009
1
To our donors, alumni and friends...
Welcome to the fiscal year 2009 annual report produced by the
University of Central Florida Foundation. This report contains fundraising results, our financial summary for the year, and compelling stories that
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
celebrate the impact of private support from our donors.
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On June 30, 2009, we closed one of the most challenging years in the history of the UCF Foundation. Along with the rest of our world, we rode the waves of economic uncertainty. ROBERT HOLMES, JR. Yet we remained CHIEF EXECUTIVE OFFICER UCF FOUNDATION, INC. focused on one thing: meeting the needs of our students—current and future. Almost 16,000 donors gave their generous support to meet the educational needs of our students, the resource needs of our faculty and staff members, and the capital needs of our campus administration. As a direct result of philanthropy, programs were enhanced, faculty stars were recruited, innovative
research is on an ever-upward trajectory, and our campuses continue to thrive. Even in tough times, the loyalty of alumni and friends sustains the vision of our university and all it requires to be great. We appreciate the special privilege it is to be part of this university, and understand well that higher education transforms people’s lives and represents the hope of our future. Sincerely,
Robert J. Holmes, Jr. Chief Executive Officer, UCF Foundation, Inc. and Vice President, Alumni Relations & Development
UCF stands for opportunit y
UCF Foundation supports that opportunity. While funding from the state provides basic financial support, gifts made through the UCF Foundation fund scholarships, program and faculty endowments, and new classrooms, laboratories and buildings that add value to a UCF education and bring distinction to the university. 3
The Fottler Endowed Scholarship Fund
Generosity Begets Generosity For Dr. Myron Fottler and his wife, Carol Fottler, generosity isn’t just about rising to the challenge, but also about
challenging others. The Dr. Myron D. Fottler and Carol A. Fottler
Endowed Scholarship Fund will help students in the Health
Services Administration master’s degree program and in the Health
Administration specialization of the doctoral program in public affairs. Health Services Administration Alumni Chapter Chair Kevin Lenhardt asked Dr. Fottler, a UCF professor and the director of the Health Services Administrion to contribute. Fottler agreed, but offered a challenge: He would double his $500 contribution if every faculty member also contributed. He then broadened the challenge, pledging an additional $1,000 if everyone on all three advisory boards in Central Florida also donated. The Fottlers also created the scholarship in their name under the principle of incentives.
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
“If someone is a great student and can get into any of these programs, and University of Alabama at Birmingham or University of North Carolina at Chapel Hill offer better scholarships, they’ll go there,” said Dr. Fottler. “The issue is we want to make sure we get our fair share of the very best students.”
4
Dr. Fottler stresses the need to compete with long-established schools in order for UCF’s program to excel. He holds a doctorate in business from Columbia University, and became interested in health services administration while writing his dissertation. “We decided to create the master’s and Ph.D. scholarships in our names to help the young UCF program continually improve the quality of the student body, encourage future leaders in health care to consider UCF and attract students from other parts of the United States to come here for a quality education,” Carol said.
“I think this speaks to the generosity of Myron and Carol Fottler and the fact that they’re willing to invest in the future of our department, and we thank them for it,” said Dr. Aaron Liberman, department chair of health management and informatics and of health professions. “What’s happening in the health care field today is quite remarkable,” he continues. “With the economy shrinking in every sector, the health care field is expanding in a robust way. This expansion has created a need for new organizations to support the graying of America, the aging of American citizens. Dr. Fottler also believes in health care reform and that one possibility is an increase in health care jobs. His goal is to figure out how best to help students get jobs in the field, as well as competitive fellowships where they can meet mentors. Dr. Fottler credits the support he received as a student, which allowed him to finish with little debt, as one of his reasons for giving. “It seems to me that if you benefit from other people’s generosity, you ought to turn around and do the same thing yourself.”
Dr. Myron Fottler and Carol Fottler
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Skura Family Endowed Freedom Scholarship U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
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Honoring Veterans’ Sacrifices As a veteran himself, Emile Skura has experienced the sacrifices
veterans make—their children often make incredible sacrifices, as well.
That’s why he and his wife, Hallie, along with their children Robert, Catherine ’(82) and Maureen (’93), established the Skura Family
Endowed Freedom Scholarship, a $1 million endowed scholarship for children of Gulf War veterans who attend UCF.
“I served six years in the military in Canada and left the service in 1955. Later I also worked for the federal government. Because of these experiences, I have always followed the war, and feel strongly that we need to reward our veterans and their children for what they are doing for us,” said Emile. Since immigrating to Florida from Canada in 1968, Emile and Hallie have been committed to the Central Florida area; their three children attended UCF and their family business ventures have all been local. Thanks to their parents’ success, the Skura children finished their studies debt-free, but Emile understands that there are many students who are less fortunate. “I believe strongly in education and I believe we should help those people who might not have the opportunity to study because of financial need,” he said. He focused the endowed scholarship on the children of veterans because, like their parents, they have also made sacrifices in their lives. Most have experienced numerous relocations due to their parents’ military careers, or have spent long periods of their lives without one or both parents present.
The Canadian Army, Emile Skura is in the top row, far right.
But Emile has another idea in the works—an extension of the scholarship to provide support for the veterans themselves. “I feel it is important to support our young veterans who might have interrupted their studies to go to war, or who come home injured,” he added. Although the Montgomery GI Bill provides up to 36 months of education benefits for college, Emile believes there are some veterans who have exhausted their benefits and need financial support to finish their degrees. The $1 million endowed scholarship will be eligible for a match from the Florida Board of Governors, which will bring the full amount to $1.75 million. The scholarship funds will be used to pay for tuition, books, fees and other college expenses. As an endowed scholarship, the original funds will be invested for the long term and a portion of the investment income will be available annually to fund the scholarship award. Emile and Hallie hope their three children and their eight grandchildren will continue to be committed to supporting education and our war veterans. “I feel that we have an obligation to look after our veterans and their children,” he said.
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Carson Alan Swingle Helping Heart Memorial Endowment Scholarship
Carson and Tyler Swingle.
A Child Inspires a Community On January 8, 2005, Ashley (’94) and Todd Swingle (’92) welcomed their second son, Carson, into the world. What began as an exciting day soon turned to worry—
they learned he suffered from a severe congenital heart defect. The next two months
were filled with long nights, surgeries and hopes he would recover. “While this time sounds horrific,” Todd said, “It was a truly amazing time watching the face of a child in the midst of so much struggle and pain look up at you with a smile. His smile and personality warmed the hearts of the nurses, doctors and staff at Arnold Palmer Hospital and brought us to see the compassion and care that these individuals brought to work with them every day.” That fall, Carson appeared to be improving. But on October 17, Carson lost the battle. The extent of Carson’s reach became clear when his funeral was filled with not just friends and family, but coworkers, hospital staff and people from throughout the community—even those who had never met him. This diverse group helped establish the Carson Alan Swingle Helping Heart Memorial Endowment Scholarship for Nursing at UCF, so Carson’s legacy would continue to inspire nurses who assist families facing the same crises. Dr. Jean Leuner, dean of the College of Nursing, is one of many inspired by the Swingle’s story. “The contribution from the Swingle family and their friends is a wonderful testimony to the outstanding care nursing professionals provide. We are honored that they chose the College of Nursing to establish a scholarship in memory of their son, and will use their generous contribution to educate future nurses who continue to touch lives, lead by example and make a difference.”
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The fund has increased awareness for Congenital Heart Disease (CHD). “As prevelant as the disease is there’s not much awareness for it,” said Ashley. “Families are so busy trying to deal with their daily rigors that there’s just not enough time to form or get involved with support groups.” As the number one birth defect in the nation, nearly one in 100 babies have CHD, and the defects are the number one cause of birth defect-related deaths. “So many families have been through the same struggles we have,” said Todd. “We never knew that our neighbor went through it with his daughter. A t-ball coach we know had CHD. It’s unlike other birth defects in that it’s not visible. You don’t necessarily see people walking down the street and know they have a defect.” Naomi Camacho (’08) was the first recipient of the scholarship. She is now a nurse at Arnold Palmer Hospital, working in the Ortho-Neuro Unit in Pediatrics. “I felt so touched by their story,” she said. “Establishing the endowment was a way for us to recognize the nurses and staff members who did so much during our time there,” Todd said. “It seemed like a really good fit, and a great way to remember Carson and help the UCF nursing program.”
Parent Knights do a lot more than help their students choose classes and move into their dorms—they also help UCF provide valuable
programs through the Parent Fund. It’s not mom’s cooking, but students get more opportunities to develop the skills they need to succeed.
“For us the Parent Fund was our way of accepting their gift and directing it to areas that need additional support,” said Snow. “Parents can direct their gift to one of hundreds of accounts at the UCF Foundation. Many parents donate to a specific college or account, while others make a gift to the Parent Fund.” The Parent Fund supports numerous programs from which students benefit directly, including the “Study Union” during finals week. The program keeps the Student Union open 24 hours a day during finals week and offers tutoring, food and activities such as exercise classes. Parents can encourage their students to study—and also help provide the right environment for studying. Last year, the Parent Fund also supported grants, projects and programs, including the new Career Resource Center, and a civility campaign that included a Civitas Week in November. Dr. Maribeth Ehasz, vice president of Student Development and Enrollment Services, said that Civitas Week was an opportunity for students to listen to different speakers and participate in activities encouraging people to treat each other well, to follow the UCF Creed and to increase acts of kindness. The week also provided students the opportunity to develop professionalism, preparing them for success in their chosen fields.
Student Disability Services (SDS) also benefits from the Parent Fund, which allowed the department to co-host events during Diversity Week in October 2009, said Pam Rea, director of Student Disability Services. The Parent Fund also helps support mentorships for students with disabilities. “Trained SDS peer mentors work with incoming freshmen and transfer students with disabilities to become acclimated to the university, as well as share their experiences, knowledge and expertise as students with a disability at UCF,” said Pam. “Other possible initiatives include special programs to support returning veteran students and their families and a parent council,” said Maribeth. Maribeth sees the Parent Fund as a way for parents to be involved in their students’ education while stepping back and allowing them to be independent. She said the fund allows UCF to respond to changing student needs, and that it’s a way for parents to support UCF by helping provide their children with the resources they need. “Parents cannot live their students’ lives, but they can help support the path their sons and daughters are on,” she said.
Students at the “Study Union” during finals week.
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
“In 2009, parents contributed $82,000 to support academic and student development programs at UCF,” said Jeff Snow, assistant vice president of annual giving.
The Parent Fund
Parent Knights Get Involved
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Pegasus Society
A Lasting Impact Many UCF alumni continue to contribute to the university long after they’ve graduated, and that’s just what Joanie Hoyt (’89) and
Patrick Kelly (’88) are doing today. Both credit the lasting impact their experiences at UCF have had on their lives—and they are impacting UCF in turn.
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
“It might seem like a silly answer, but I give back because it’s the right thing to do. That’s my personal feeling,” says Joanie. “UCF gave me a foundation to build on. If I didn’t have that foundation, I wouldn’t be where I am today.”
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Patrick Kelly (’88) is also a Pegasus Society donor—he realized what giving back meant while he was a student. “I used to do volunteer calling for my fraternity so when I got something in the mail about giving, I knew it was something I needed to do.”
Joanie is one of many Patrick is a senior vice president alumni who are donors with RBC Bank and he recalls in the Pegasus Society, vividly how one professor helped which recognizes loyal S O C I E T Y him get the financial education donors who make he needed to get where he is today. “Naval consecutive gifts each year to the UCF Annual Modani…I remember that guy. I had always Fund. Donors in the society are recognized after heard about him. Finance majors said he was two years of consecutive giving, again after five tough. The first day he told us, ‘I know you’ve years, and every five years thereafter. all heard stories about me and the truth is I will “Larger gifts like capital donations and challenge you.’ I never finished one of that guy’s endowments may receive more publicity, but tests.” consecutive gifts to the Annual Fund are every Madoni’s class was tough, but the challenge bit as important,” said Jeff Snow, assistant vice made Patrick a better job candidate. “When I president of annual giving. “Most endowment started as a credit and financial analyst. MBAs and capital gifts are restricted to a specific from Rollins and Stetson asking me for help. I area. Annual gifts provide a stable source of was better prepared because of Modani’s realdiscretionary funding for current operations that world approach.” allows the university to target resources where it’s most urgently needed.” Now a pharmacist in North Carolina, Joanie remembers how her UCF education, and the help of one faculty member in particular, allowed her to pursue her career. “I have nothing but fond memories of UCF and I think of Dr. Budd Berringer often. He spent a lot of time advising me. He really helped me decide that pharmaceutics was the right career.”
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UCF Faculty & Staff Campaign
Impacting UCF From Within The buildings you see on campus are funded by donations from numerous sources, including UCF’s own faculty and staff members. The UCF Faculty & Staff Campaign encourages
employees to make a tax-deductible gift to the program of their choice—and make an impact from within.
Since it was piloted three years ago, the program has spread from the College of Engineering and Computer Science to 22 other areas on campus. It now runs each spring, starting with a kick-off breakfast where goals are announced. The 2009 campaign was very successful, raising $264,000 in gifts and pledges.
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
“There are more than 400 accounts in the UCF Foundation that someone can give to, and the focus of this is giving to an area of interest,” said Melissa Isler, assistant director of Annual Giving. “You can hone in on something like the Burnett School of Biomedical Sciences and their diabetes research—something that’s really specific—or something that’s more of an umbrella gift.”
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One example of the campaign’s success is the Performing Arts Center, to which many faculty and staff donated. The funds for the center are matched by the Alec P. Courtelis Challenge Grant Program, which was instituted by the state of Florida to help universities build high-priority instructional and research-related capital facilities. Following legislative approval, the program matches gifts designated for facilities dollar-for-dollar. Departmental scholarships are another area to which faculty and staff donated. Through the campaign, the history department added new funds to the Richmond I. Barge Scholarship Fund,
which was established in the 1970s. A retired faculty member contacted Barge’s widow, Elizabeth, who was so moved by their generosity that she matched the funds donated by the faculty and staff. Since then, the fund has awarded $500 scholarships to five students. Dr. John Sacher, associate chair of the department, emphasizes the value of scholarships and why it was important for the department to get involved. Dr. Sacher also believes community members will follow the example of faculty and staff. “At UCF, there are far too many deserving students than we have money to provide for,” he said. “It is important to create a culture of giving here at UCF, because I do think that all faculty members have some aspect of the university that they feel is important,” said Dr. Sacher. “We really focus on this as a peer-to-peer campaign,” Melissa. “We want packets to be personally delivered in each college.” Gifts can be made through a $2 or more payroll deduction or in a lump sum, and more than one area can be designated to receive a gift. “As an alum, it speaks volumes to me to see the immediate impact the gifts have on UCF, and to know that the students and faculty really benefit from this type of campaign,” said Seth Watts, coordinator of annual giving. “It’s a great opportunity to help not just one area, but the whole campus.”
From top (clockwise): Harris Corporation Engineering Center, rendering of the UCF Performing Arts Complex (north elevation), rendering of the UCF Performing Arts Complex (performance hall interior), and the UCF Recreation & Wellness Center.
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Endowment Funds
Endowed funds permanently enhance the university.
They generate a steady stream of income while leaving
the principal untouched, making it possible for UCF to
provide scholarships for students, recruit the best faculty and generate cutting-edge research.
UCF Endowment Funds 2008-2009 Total Donations [as of 6.30.09]
Market Value [as of 6.30.09]
21st Century World Class Scholars Endowed Chair in CECS
1,000,000
736,972
21st Century World Class Scholars Endowed Chair in Optics and Photonics
1,000,000
736,972
0
630,000
612,040
36
60,010
44,700
0
Fund Name
ABC Fine Wine & Spirits Undergraduate Scholarship Endowment ABC Fine Wine and Spirits Endowed Scholarship
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
0
42,587
38,503
4,051
Accounting Advisory Board Endowed Scholarship
159,130
142,148
48,836
Accounting Advisory Board Faculty Development Fund
100,900
79,248
15,811
Accounting Advisory Board Research Support Fund
342,629
286,245
46,072
Agere Systems Eminent Scholar Chair of Computer Science
1,020,000
870,990
82,060
Al and Nancy Burnett Eminent Scholar Chair in Accounting
1,020,500
1,325,510
25,408
20,090
16,050
0
195,679
170,191
48,003
28,045
27,273
76
5,050
5,185
83
Abram W. And Mollie M. Lefkowitz Scholarship
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Spendable Balance 2008-2009
Alan E. and Amy L. Clampitt Holsenbeck Women's Basketball Endowed Scholarship Alex Alexander Endowed Professorship Alexander L. Adams Endowed Scholarship for Meritorious Students Allen and Gertrude Marcus Book Endowed Scholarship Alumni Quasi Endowed
438,865
0
0
Alumni Trust "A"" Endowment"
150,000
143,580
1,008
Alumni Trust "B"" Endowment"
150,000
158,790
5,424
Alumni Trust "C"" Endowment"
150,040
145,907
1,853
Alumni Trust "D"" Endowment"
151,167
128,476
5,539
Alumni Trust "E"" Endowment"
71,587
59,640
2,636
8,611
7,440
1,687
Amy G. Buchman '95 Memorial Endowed Scholarship
21,948
21,318
2,851
Amy Kuritar Lohrmann Memorial Endowed Scholarship
38,910
31,907
1,082
Anheuser Busch Academic Enhancement Fund
750,000
606,571
87,519
Anna Fertic Endowed Scholarship
100,000
83,050
755
43,222
52,041
13,547
Alvin Lehman Endowed Scholarship
Arab American Community Center Kamal Marchi
Total Donations [as of 6.30.09]
Market Value [as of 6.30.09]
10,905
20,430
12,591
150,000
119,998
24,581
1,000
972
0
Armacost Pet-Armacost Operations Research Endowment
11,283
10,452
492
Arman Gelenbe Endowed Scholarship Fund
11,500
8,999
1,547
Arnold Haverlee Exploration Award Endowed Scholarship Fund
10,000
7,832
1,724
Arthur and Sally Hillman Computer Science Graduate Fellowship
299,069
234,217
33,893
AT&T Wireless Endowed Scholarship
150,000
117,507
18,771
25,975
31,237
2,882
200,503
158,631
34,614
Fund Name Arboretum Endowment Fund ARDA Timeshare Professorship Armacost Pet-Armacost Endowment Fund for IEMS
B. Joseph Teneriello Scholarship Endowment Bank of America Scholarship Award Fund Barbara Cooper Endowed Tennis Fund Barbara Fowler Hoff Endowed Nursing Scholarship BE 2000 Leadership Endowed Scholarship Fund Beardall Baseball Scholarship Endowed Beat M. and Jill L. Kahli Endowed Chair in Oncology Nursing Berman Hopkins Wright and LaHam Endowed Scholarship Bert Fish Eminent Scholar Chair In Nursing
Spendable Balance 2008-2009
18,000
17,460
0
100,000
73,697
0
1,063,996
1,085,796
144,724
16,319
15,251
0
480,000
388,963
0
25,000
27,188
0
1,020,000
883,184
23,848
Beth Juge Memorial Fund
11,675
9,924
2,868
Betty Kernodle Memorial Endowed Scholarship
23,826
23,853
1,551
Bill and Ksenia Merck Endowed Scholarship
13,100
10,473
679
Blue Cross and Blue Shield of Florida Endowed Professorship in Nursing
300,000
245,334
51,278
Boardman Endowed Professorship in Environmental Studies for Public Administration
151,500
213,462
56,433
Bob Neel Rotary Club of Orlando Endowed Scholarship
187,500
147,656
10,710
25,000
30,026
850
100,000
76,949
4,624
Book-A-Year Clubs Endowed
14,578
21,626
6,248
Borcheck and Gase Endowed Scholarship Fund
27,500
26,675
425
9,670
7,710
0
Buell Duncan Endowed Scholarship
15,887
22,534
856
Buhr Graduate Endowed Scholarship
52,893
41,910
1,738
Burnett College of Biomedical Sciences Endowment
12,500
12,125
0
Burns And Reese Roast & Toast Endowed Scholarship
11,000
15,083
6,457
Bob Snow Roast & Toast Scholarship Endowed Bond Foundation Inc. Endowed Scholarship
Brumbaugh Legacy Fund
7,000
6,940
0
Business Ethics Endowed Scholarship
145,000
114,927
2,565
C.G. Avery Professorship Endowment
151,430
175,891
12,177
CAE Link Endowed Professorship
180,000
194,887
52,021
1,000
3,517
833
1,000,000
1,457,515
180,115
Carol J. Barr Endowed Scholarship
11,889
12,032
450
Carson Alan Swingle Helping Heart Memorial
35,290
26,855
391
Burt Szabo Endowed Scholarship
Capital Campaign Engineering Endowed Chair Carl H. Galloway, Jr. Chair for Excellence in Business
CBA Department of Management Endowed Faculty Development Account CBA Department of Marketing Endowed Faculty Development Account Center for Economic Education Endowment Central Florida Chapter ROTC Endowed Scholarship
35,000
27,595
3,838
164,672
130,298
14,093
77,810
86,436
45,182
150,075
133,894
24
40,000
31,802
0
Central Florida Hotel Lodging Association Professorship
159,000
182,062
45,207
Central Florida Kidney Center Endowed Scholarship
Central Florida Hotel and Lodging Association Academic Excellence Endowed Fund
150,000
121,549
7,016
Central Florida Research Park Quasi Endowed
25,000
39,444
11,522
CFP Physicians Group Advanced Practice Nursing Endowed Scholarship
22,750
22,068
0
Chapter 4 of Florida Restaurant Association Endowed Fund
36,350
33,075
14,232
Charles and Frances Millican Endowed Scholarship
30,973
24,007
3,065
Charles and Francis Millican Valencia Community College Scholarship
15,000
14,550
0
8,258
8,031
0
Charles E. Nuckolls Endowed Scholarship
15
Endowment Funds
Fund Name
Spendable Balance 2008-2009
1,190,700
234,593
Christ the King Episcopal Church Endowed Scholarship Fund
21,407
24,423
884
Christine Franke Endowed Memorial Scholarship Fund
10,062
8,656
11
Cisney Latin Prize Scholarship Endowment
39,313
58,710
9,840
248,466
215,683
102
6,258
7,777
1,842
Citrus Golf Tournament Scholarship Endowment Class of 1970 Endowment
37,414
29,273
1,950
1,081,500
1,089,041
79,495
Coca Cola Scholarship Endowed
50,000
45,496
0
COHPA Endowed Memorial Scholarship (Quasi)
19,000
16,244
1,724
College of Business Administration Alumni Chapter Scholarship Fund
56,978
44,019
500
College of Business Administration Endowed Entrepreneurship Fund
40,000
33,697
7,206
Clayton R. Ford Endowed Scholarship in Banking and Finance Cobb Family Eminent Scholar Chair
10,971
8,664
481
105,000
85,343
1,811
Colonel Mike Murdock USMC Endowed Scholarship
12,925
11,210
829
Computer Science Programming Team Endowment
80,865
63,587
41,096
Construction Engineering and Management Endowment
32,000
23,745
106
Conway Garden Club Endowed Professorship Fund
150,000
127,063
8,064
Cora Shaw Jenkins Memorial Endowed Scholarship
10,290
9,062
1,730
5,092
5,983
0 545
College of Engineering and Computer Science Staff Appreciation Fund College Park Communities Endowed Scholarships
Criminal Justice Legal Memorial Quasi Endowed Scholarship
11,328
9,456
Cross, Fernandez & Riley, LLP Endowed Scholarship
15,000
14,550
0
7,102
10,463
3,023
D.F. Newnham Scholarship Endowment
10,507
9,297
22
244,687
191,890
25,427
Darden Chair in Restaurant Management
1,020,000
1,163,310
0
Darden Restaurants Academic Excellence Fund
4,000,002
3,259,986
804,586
Dan Conn ROTC Memorial Scholarship Daniel D. Hammond Engineering Endowed Scholarship
Darden Restaurants, Inc. Communications Scholarship David F. Scott Finance Doctoral Student Dissertation Fund David R. Jenkins Memorial Endowed Scholarship
15,000
11,749
403
100,000
72,951
3,115
26,050
26,511
0
45,000
35,845
6,489
David T and Jane M Donaldson Perpetual Scholarship Memorial Endowed Fund
310,479
316,219
0
Davis-Shine Endowed Professorship in Conservation Biology
150,000
127,063
0
Deans in Search of Excellence Fund
298,831
470,127
40,003
1,000,000
1,093,997
43,606
David R. Klock Endowment for Counselor Education
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
Market Value [as of 6.30.09]
1,000,000
Charles N. Millican Chair of Computer Science
Corporate Cup Golf Endowed Scholarship
16
Total Donations [as of 6.30.09]
Della Phillips Martha Schenck Chair of American Private Enterprise Department of Finance Faculty Development Endowment Devos Endowment for Academics and Sports DeVos Orlando Magic Sport Business Management Endowed Scholarship Fund DeVos Sport Business Management Program Endowed Fund Diane and Lawrence Wink Endowed Nursing Scholarship Dick and Shirley Wetherill Endowed Music Scholarship Dick Pope Tourism Institute Endowment Distinguished Alumni Endowed Professorship in Business Ethics Division of Graduate Studies Endowed Fellowship Fund
25,600
24,902
0
10,000,000
7,656,060
10,445
150,000
119,636
5,283
5,000,025
3,920,532
830,744
25,554
19,968
115
242,699
191,835
51,501
64,611
163,907
164,183
600,000
475,854
29,100
48,550
36,236
91
Doll Collectors Guild Scholarship Endowed
17,100
18,918
5,530
Doris H. Lester Endowed Merit Scholarship
150,000
109,863
9,929
Dorothy Anne Perkins Tomlinson Endowed Scholarship Fund
150,000
118,168
2,505
11,107
9,555
930
400,000
315,013
0
Dr. Austin L. Grogan Endowed Engineering Scholarship
10,629
10,257
1,442
Dr. Ed Norman Graduate Award for Excellence in Math
1,850
1,795
873
Dr. Fred Fedler Endowed Communications Scholarship
19,000
14,799
93
7,287
7,370
815
Douglas Rudy Memorial Endowed Scholarship Dr Phillips Endowed Scholarship Fund
Dr. Gale Sperry Music Endowed Scholarship
Fund Name
Total Donations [as of 6.30.09]
Market Value [as of 6.30.09]
Spendable Balance 2008-2009
1,600
1,552
485
Dr. Marilyn W. Whisler Scholarship and Music Program Endowment
36,200
26,900
2,401
Dr. Milan D. Meeske Memorial Endowed Scholarship
29,520
23,410
8,700
1,020,000
766,392
20,166
Dr. Jean C. Kijek Doctoral Student Endowed Scholarship
Dr. Neil Euliano Endowed Chair in Italian Studies Dr. O. M. Budd Berringer Pre-Health Professionals Endowed Scholarship Dr. P. Phillips Institute for Research and Education in Real Estate Dr. P. Phillips Scholarship Endowed Dr. Pattisapu R.J. Gangadharam Endowed Fund for Hydrocephalus Research
11,000
10,670
194
1,780,000
1,315,942
41,370
70,085
60,511
0
187,500
145,212
0
1,020,000
809,659
57,547
Dr. Phillips Institute for the Study of American Business Activity
308,600
582,322
22,630
Dr. Rudy Wodzinski Memorial Endowed
8,310
Dr. Phillips Eminent Scholar Chair in Real Estate
130,587
104,506
Dr. Solomon D. Klotz Memorial Endowed Scholarship
10,313
9,001
2,487
Edmond R. and Victoria Wirths Endowed Scholarship
267,589
209,555
35,319
Elizabeth Morse Genius Foundation Endowed Scholarship
300,000
229,657
0
Elizabeth Willey Scholarship Endowment
150,200
134,687
108
14,000
13,580
0
Ernst and Young Professorship Endowment
154,549
207,426
25,871
Estate of Janis Lorraine Academic Excellence Endowed Fund
100,000
104,857
0
45,978
41,823
0
Florida Hospital Program Endowment
1,750,341
1,516,778
146,715
Florida Photonics Center of Excellence Endowed Eminent Scholar Chair in Biophotonics
1,000,000
972,472
54,449
Florida Photonics Center of Excellence Endowed Eminent Scholar Chair in Nanophotonics
1,000,000
853,674
0
Florida Photonics Center of Excellence Endowed Professorship
1,000,000
853,674
107,448
Frances R. Lefkowitz Endowed Scholarship
43,377
36,938
7,458
Frances Townes Endowed Fellowship
38,774
33,065
0
152,000
148,837
24,783
Fraternal Order of Police Scholarship Endowment
10,000
14,193
1,781
Frontier Civitan Club Endowed Scholarship Fund
15,000
11,300
30
FSEC Quasi Endowed
85,000
99,076
28,625
Endowed Chair in Transportation
Fallen Knight Memorial Scholarship Endowed
Frank M. Hubbard Engineering Endowed Scholarship
151,819
119,352
0
FWEA Central Florida Chapter Gabe Delneky Endowed Scholarship
12,935
12,547
2,000
Gabor Agency Inc. Awards Fund
34,163
43,691
3,952
Fullerton Family Fund Endowed
480,421
430,723
99
George and Geraldine McCurry Scholarship Endowment
15,220
11,985
2,189
George Desalvia Memorial Endowed Scholarship
39,150
33,107
970
5,300
5,211
0
47,313
38,588
3,871
152,493
114,471
859
10,000
7,832
1,714
Galloway National Merit Scholarship Endowment
George F. Schrader Endowed Scholarship Fund Geotechnical and Environmental Endowed Scholarship Gerald R. Langston Endowed Scholarship Geraldine P. Hannah Memorial Endowed Scholarship
150,000
125,278
12,937
Gladys Cisney Trismen Scholarship Endowment
88,148
77,258
136
Gordon Paul Marketing Scholarship
14,960
18,343
631
Gould Family Graduate Nursing Endowed Scholarship
25,000
25,462
0
Harold Green Teacher Education Scholarship Fund
35,000
27,804
6,883
Harris and Trisha Rosen Endowed Fund
2,170,000
1,766,234
189,559
Harris and Trisha Rosen Endowed Fund
2,170,000
1,598,804
11,863
150,000
119,982
21,119
Harrod Scholarship Endowment
15,000
26,663
7,703
HDR/FACERS Endowed Scholarship
25,000
19,797
0
Heather Scaglione Memorial Endowed Scholarship
14,050
11,844
17
575,000
430,365
0
22,087
17,325
1,577
Gerry and Ruth Hartman Endowed Professorship
Harris Corporation Broadcast Center Endowment Fund
Helene Fuld Health Trust Scholarship Fund for Baccalaureate Nursing Students End Henri Landwirth Heart of UCF Lead Scholarship
17
Endowment Funds
Fund Name HFTP Financial Management and Technology Professorship Endowed Fund Horacio A. Fasce Endowed Scholarship Hospitality and Travel Industry Education and Research Program
120,660
Spendable Balance 2008-2009
18,128
11,000
8,706
2,156
6,000,000
4,697,791
1,159,356 0
95,000
93,053
150,000
118,404
0
Hughes Simulation Systems Professorship
180,000
243,478
71,097
Hydrocephalus and Neuroscience Endowed Fund
182,501
136,695
1
5,075
3,976
840
Ira Vinson Henderson Endowment
25,000
19,730
4,759
Irene Farrell Pynn Endowed Communications Scholarship
19,818
16,036
3,656
Irene Langer Wilson Endowed Scholarship
14,344
13,486
332
IST Endowment
99,438
92,423
5,893
Italian Studies Program Fund
39,675
31,020
4,949
6,035
5,201
1,940
Ivan and Fern Lefkowitz Graduate Endowed Scholarship
22,508
21,832
0
J. Gary Wolf Endowed Piano Scholarship
15,707
12,841
3,042
J. Paul Hartman Scholarship Fund
11,895
10,236
2,130
150,000
118,213
10,885
Infrastructure Professorship
Iva Kitchell Memorial Endowed Voice Scholarship
J. Willard and Alice S. Marriot Foundation Academic Excellence Fund
10,399
8,567
0
600,000
541,480
71,148
20,000
17,214
5,683
5,468
5,013
403
25,000
18,465
0
150,000
123,433
0
James and Diana Barnes Endowed Scholarship
25,000
32,553
81
James Carlton Dockeray Scholarship
23,615
30,365
3,436
2,550
3,676
320
Jennifer L.Diggle Memorial Endowed Scholarship
10,000
7,833
1,017
Jeno Paulucci Roast & Toast Endowed Scholarship
16,297
14,136
2,358
Jentes Scholarship Endowment
41,183
51,544
7,606
792,000
652,708
0
27,434
36,559
842
J.C. Cain II Memorial Endowed Scholarship
Jack Jennings Endowed Scholarship Jack Williams Memorial Endowed Scholarship Jallad Family Endowed Scholarship James and Annie Ying Eminent Scholar in Biology Program Endowment
Jean C. Combs Endowed Scholarship
Jim Heistand NAIOP Eminent Scholar Endowed Chair in Real Estate John T. Washington Memorial Endowed Scholarship
46,013
35,809
848
John Cameron Aspley Memorial Endowed Scholarship
155,265
182,728
13,742
John L. Brinson Endowed Scholarship
101,000
92,776
7,550
John L. Brinson Ethics Professorship
50,520
63,950
31,039
John L. Mica Public Service Scholarship Fund
26,775
23,835
1,182
John and Mary Ellen Upperco Endowed Scholarship Fund
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
150,000
Market Value [as of 6.30.09]
Hubbs Sea World Endowed Professorship
Hubbard Engineering Athletic Scholarship Endowed
Jack D. Holloway Endowed Scholarship
18
Total Donations [as of 6.30.09]
Fund Name John R. Quello Endowed Music Scholarship
Total Donations [as of 6.30.09]
Market Value [as of 6.30.09]
Spendable Balance 2008-2009
7,052
6,071
875
0
3,690
1,345
Jonathan Mednick Memorial Endowment for the Community Documentary Project of the Zora Neal Hurston Institute for Documentary Studies at the University of Central Florida
11,000
8,217
736
Judith A. Johnson Memorial Endowed Scholarship Fund
11,852
10,202
30
Judith G. Thames Scholarship Fund
32,645
25,546
977
John Russell Williams Endowed Scholarship
144,580
124,698
27
June S. Stillman Memoeial Endowed Scholarship
35,786
28,050
2,298
Karl H. Guenther Endowed Chair in Thin Film Optics
10,000
10,777
623
Kendall Shaye Herndon Endowed Scholarship
53,538
42,065
3,070
Kenneth "Pete"" Fisher Endowed Scholarship"
22,711
18,022
2,109
Kenneth and Ruth Bradley Management Scholarship
25,000
25,437
0
Kenneth E. Kiefer Endowed Engineering Scholarship
27,675
21,914
1,030
5,020,500
4,075,743
254,643
Kimball Foundation Minority Scholarship Endowment
152,300
137,579
38
KPMG Peat Marwick Professorship Endowment
172,875
165,567
12,556
Kurdish Political Studies Endowed Chair
600,001
459,315
0
Lampp Scholarship Fund
682,045
664,789
40
Langford Family Foundation Endowed Scholarship Fund
169,545
129,806
6,871
6,320
5,520
1,362
Julia B. Beensen Scholarship Endowment
Kenneth G. Dixon School of Accounting Endowment Fund
Lawnie E. A. Burke Endowed Scholarship Legacy Soccer Lever Brothers Endowed
10,000
9,043
0
Leinbach Memorial Endowed
26,904
28,277
8,170
106,779
79,075
0
Leslie M. Gross Endowed Scholarship
35,175
32,676
3,711
Lester Mandell Scholarship
15,125
15,878
2,023
Library Quasi Endowment
20,400
26,533
7,604
Library/Friends Quasi Endowment
35,000
27,250
3,276
243,794
238,531
8,150
1,758,835
1,553,342
290,339
40,000
74,471
38,929
Lockheed Martin Professorship in Engineering
150,000
191,763
20,038
Lockheed Martin St. Laurent Professorship
160,000
218,961
1,617
Lockheed Martin T-Mast Endowment
677,500
521,421
52,445
Lois Holt Enrichment Endowment
55,000
53,202
15,177
Lou Frey Symposium Endowed Fund
28,911
21,525
2,129
162,903
131,093
33,327
10,801
13,087
522
Leonard T. (Pat) Murphy Scholarship Fund
Licensing Revenue Quasi Endowed Scholarship Lockheed Martin Eminent Scholar Chair of Science and Math Lockheed Martin Lecture Endowment
Lucia C. Cooke Endowed Music Scholarship Lucius Littauer Foundation Endowment
19
Endowment Funds
Fund Name
Spendable Balance 2008-2009
114,680
79,611
63,523
0
6,870
9,741
5,272
Margaret M. Samet Memorial Endowed Scholarship Fund
32,000
27,013
38
Margaret S. Gerow and Daniel J. May Endowed Scholarship
25,940
22,978
1,548
242,649
191,691
7,272
Marisa Gennaro Memorial Scholarship
37,284
31,178
0
Marjorie Tyler International Endowed Scholarship
76,000
69,390
8,293
Mark Dogoli Endowed Scholarship
32,481
25,376
1,932
Marlene Richmond Memorial Scholarship Fund (Quasi)
10,712
9,258
95
Martin Andersen Scholarship Endowment
39,750
47,370
0
Marty Wanielista Endowed Scholarship
47,050
37,451
5,696
Mary Fleigh Mackoul Endowed Fund
67,503
52,091
8,191
Mary G. Hitt Endowed Scholarship
35,445
28,000
2,354
Mary P. McNamara Scholarship Endowment #1
150,000
135,764
20
Mary P. Mcnamara Scholarship Endowment #2
150,000
118,526
3,602
10,075
7,958
1,879
Manny Rodriguez '75 Fairwinds Alumni Center Endowment Marc Pores Endowed Music Scholarship
Margaret Scott Brown Memorial Endowed Music Fund
Mary Page O'Connell Memorial Endowed Scholarship Mary Palmer Arts Education Distinguished Lecture Endowed Fund McArdle Graduate Assistantship in Real Estate
5,779
26,535
20,737
0
150,000
112,600
1,828
16,096
15,613
0
150,000
149,201
538
1,020,000
804,314
112,383
14,000
11,031
876
572
555
0
Moss Family Endowed Scholarship Fund
594,891
475,841
21,107
NAIOP Jim Brown Endowed Real Estate and Business Ethics Scholarship
204,100
161,585
8,915
1,487
2,359
425
50,450
42,546
10,533
Mid-Florida Home Builders Scholarship Endowment Mildred W. Coyle Eminent Scholar Endowed Chair Miller, Seller, Conner and Walsh Endowed Scholarship Morgridge Center for Reading Endowed Operational Fund
Nalanda Scholarship Endowment Nannette McLain Scholarship
214,743
291,333
28,631
4,000,004
2,917,550
164,339
Orlando Sentinel Endowed Scholarship
252,500
185,670
7,264
Orlando Shakespeare Theater Endowment in Playwriting
650,000
493,148
3
Overstreet Foundation Scholarship Endowment
69,200
63,213
22
Painters Union #1010 Endowed Scholarship
23,712
20,245
616
Patricia T. Barnes Memorial Endowed Scholarship
35,080
27,514
2,675
Patrick McMahan Memorial Scholarship Fund
17,928
14,023
454
5,387
5,277
0
Phoenix Endowed Scholarship
63,500
49,150
8,638
Polymer Science Lecture Series and Student Fellowship
23,075
19,123
3,760
Pop Reddick Hospitality Management Scholarship
16,021
23,166
3,645
President's National Merit Scholarship Endowment
27,273
23,748
1,376
Price Waterhouse Professorship Endowment
63,945
72,353
25,204
Northrop Grumman Scholarship Fund (Formerly Litton Scholarship End) Orange County Convention and Visitors Bureau Endowed Chair
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
Market Value [as of 6.30.09]
155,000
Mackay Early Childhood Education Program
Michael C. Hynes Lockheed Academy
20
Total Donations [as of 6.30.09]
Paul W. Leinbach Library Enrichment Endowed
Professor James K. Beck Endowed Scholarship Progress Energy Endowed Scholarship Purish Family Endowed Scholarship Fund R. Glenn Hubbard Student Research Award Endowment
32,550
25,054
385
151,500
186,891
46,024
8,050
7,845
0
25,000
18,587
1,900
70,200
63,440
700
Renee M. Keller Endowed Nursing Scholarship
110,000
86,226
5,346
Richard A. VanTine Endowed Scholarship Fund
16,000
15,520
0
Rear Admiral Alene Duerk VNA Endowed Scholarship
Richard Nunis Eminent Scholar Chair in Lifestyle Medicine Endowed Richard T. Crotty Orange County Endowed Chair Roast & Toast Scholarships Endowed Robert D. Martin Endowed Lectureship
172,500
139,114
0
1,020,000
844,373
153,535
285,984
242,494
19,813
10,840
8,494
2,129
Fund Name Robert E. and Elisabeth S. Carey Memorial Endowment Robert Malkin Endowed Scholarship
Total Donations [as of 6.30.09]
Market Value [as of 6.30.09]
Spendable Balance 2008-2009
338,343
267,218
23,973
12,840
10,564
6
1,020,570
863,261
98,042
287,279
220,862
12,349
Rotary Club of Kissimmee Endowed Scholarship
20,000
15,548
1,869
Rotary Club Of Winter Springs Endowed Scholarship
11,090
9,584
1,237
Sadler National Merit Scholarship Endowment
675,000
533,823
75
SAIC Endowed Professorship
150,000
123,442
19,790
25,000
20,924
225
4,255
5,248
3,258
700,025
559,875
4,878
45,400
36,742
12,550
Robert N. Heintzelman Eminent Scholar Endowed Chair Fund Robertson Student Support Fund
Sarah Phillips Endowed Nursing Scholarship SESRA Endowed Scholarship Skura Family Endowed Freedom Scholarship Society for Information Management (SIM) Endowed Scholarship Solid Waste Management Scholarship Sonny's Endowment for the President's Scholars Program State Farm Insurance Scholarship Endowed Suchoski Graduate Endowed Fellowship Endowed Scholarship Sunshine Chapter Army ROTC Endowed Scholarship
39,250
30,991
4,326
150,000
116,975
13,854
48,104
49,642
0
300,000
255,475
27,822
28,000
20,607
1,866
1,020,000
1,455,803
0
Sylvia Cohen Endowed Scholarship for First Generation College Students
125,000
136,157
0
Tess and Abe Wise Endowed Professorship in Judaic Studies
157,176
134,159
9,828
The Al Ghazali Endowed Distinguished Professorship in Islamic Studies
690,543
575,440
0
SunTrust, NA Eminent Scholar Chair of Banking
The Anil and Chitra Deshpande India Program Endowed Fund The Chatlos Foundation Endowed Fund
100,000
76,552
0
1,020,000
806,192
247,394
35,500
27,556
3,811
The Judith and David Albertson Endowed Eminent Chair
480,000
377,409
0
The Lester Mandell Endowed Scholar Chair in Ethics
615,100
501,710
0
The Morcom Family Endowed Scholarship
25,000
19,237
0
The UCF Women's Club Endowed Graduate Scholarship
46,923
36,909
252
The Wetherell Family Scholarship Fund Endowed
39,438
34,175
6,728
2,000
1,961
0
22,987
18,314
4,177
The Harvey L. Gaines Memorial Expressway Authority Endowed Scholarship
The Zamora Family Endowed Scholarship Thomas and Lori Cleary Endowed Scholarship Toni Jennings Exceptional Educational Institute Tony and Sonja Nicholson Endowment for the Nicholson School of Communication
22,616
19,100
4,920
1,767,795
1,340,764
106,605 0
800,000
583,443
Torchy Clark Endowment for Physical Education and Sports Leadership
24,205
23,479
0
Town & Gown Council Scholarship Endowment
43,914
40,850
9,740 2,667
Toohey Housing Endowed Scholarship
20,000
15,665
Trevor Colbourn Anthropology Endowment
213,000
291,795
0
UCF College of Engineering and Computer Science Alumni Chapter Scholarship Endowment
264,471
207,104
25,421
Trevor and Beryl Colbourn Endowed Scholarship
UCF Downtown Scholarship Endowment Fund (Quasi) UCF History Endowment Fund UCF Rugby Endowed Fund
11,743
10,155
3,007
150,083
119,049
8,641
10,052
9,728
0
266
266
0
UCF Women's Club Scholarship Endowment
106,852
87,717
10,520
Universal Orlando Foundation Academic Excellence Fund
500,001
413,736
22,180
University Club of Orlando Lead Scholarship #2
217,500
182,636
14,258
University Club of Orlando Lead Scholarship Endowment #1
150,000
131,883
9,255
Unrestricted Endowment
612,233
530,537
0
Unrestricted Quasi Endowment
150,282
130,308
0
10,000
7,837
1,608
UCF Student Government Association Alumni Chapter Endowed Scholarship
USBI Company Endowed Scholarship VIP Golf Tournament Scholarship Endowed Virginia Bingham Endowed Scholarship
22,797
21,169
0
100,000
73,008
0
21
Endowment Funds
Fund Name
Spendable Balance 2008-2009
177,082
1,394
84,287
74,178
3,467
1,760,002
1,371,987
129,213
300,000
236,472
23,675
Walt Disney World Leadership in Accounting Endowed Scholarship
25,000
25,462
0
Westinghouse Scholars for Minority and Women
50,000
57,653
3,000
Whalen Family Trust Engineering Scholarship
10,000
16,113
2,131 18,210
W.N. McGeoch Endowed Scholarship Walt Disney World Academic Excellence Fund Walt Disney World Co. Ride and Show Engineering Scholarship
150,000
122,830
1,003,594
977,527
16,957
William C. Schwartz Graduate Research Fellowship
161,249
139,424
15,907
William H. and Susan S. Crouse Endowed Professorship in Entrepreneurship
250,000
226,013
0
Wharton Smith Group Endowed Professorship William S. and Alice M. Jenkins Eminent Scholar Chair of Community Arts
10,357
7,793
1,041
156,498
134,657
25,487
William S. Byers Student Excellence Awards
15,047
11,332
534
Winter Park Garden Club Endowed Scholarship
43,112
34,292
5,037
Winter Park Memorial Hospital and Auxiliary Nursing Endowed Scholarship
35,600
29,572
34 3,379
William K. Grasty Memorial Communications Scholarship William L. Bryant Endowed
Winter Park Sidewalk Art Festival Scholarship Women's Athletic Scholarship Endowment
Yousef A. Yousef Endowed Fellowship
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
Market Value [as of 6.30.09]
222,250
Vivian and Barry Woods Educational Endowment
Women's Studies Endowed Scholarship
22
Total Donations [as of 6.30.09]
24,645
19,913
127,855
115,422
0
8,000
8,463
4,118
12,352
12,692
2,227
107,729,495
91,951,006
8,399,957
23
UNIVERSITY OF CENTRAL FLORIDA FOUNDATION, INC.
Financials
(A Discrete Component Unit of the University of Central Florida) STATEMENTS OF NET ASSETS JUNE 30, 2009 2009
2008
Assets Current assets:
$19,966,922
$15,004,713
27,283,439
19,474,226
Investment interest and other receivables
157,041
381,054
Due from related parties
208,871
841,526
6,167,711
8,190,454
Cash and cash equivalents Investments
Pledges receivable, net Prepaid expenses and other assets Total current assets
812,353
781,819
54,596,337
44,673,792
Noncurrent assets:
1,909,307
14,269,062
93,082,266
112,119,875
Pledges receivable – net
5,352,163
7,354,441
Beneficial remainder trust
1,392,129
1,318,065
460,628
451,950
Cash and cash equivalents Investments
Prepaid expenses and other noncurrent assets Property and equipment – net Rental and other property – net Total noncurrent assets Total assets
883,852
255,273
75,196,482
74,831,333
178,276,827
210,599,999
232,873,164
255,273,791
$1,229,745
$1,401,072
8,018,487
2,163,643
291,908
197,542
4,420,002
14,823,489
liabilities and net assets Current liabilities:
Accounts payable and accrued expenses Due to related parties Scholarship liability Long-term liabilities – current portion: Notes payable Deferred revenue Annuity obligations
U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
Compensated absences
24
Total current liabilities
555,111
36,316
57,990
57,990
20,916
19,397
14,594,159
18,699,449
31,123,179
23,415,764
Noncurrent liabilities:
Notes payable
444,525
—
2,210,882
2,212,559
Annuity obligations
485,897
513,072
Compensated absences
277,883
257,700
16,207
12,679
Total noncurrent liabilities
34,558,573
26,411,774
Total liabilities
49,152,732
45,111,223
43,645,277
41,910,270
19,682,357
49,726,000
106,704,925
103,706,190
Due to related parties Deferred revenue
Deposits
Net assets
Invested in capital assets – net of related debt Restricted: Expendable Nonexpendable endowments Unrestricted: Total net assets Total Liabilities and Net Assets
13,687,873
14,820,108
$183,720,432
$210,162,568
UNIVERSITY OF CENTRAL FLORIDA FOUNDATION, INC. (A Discrete Component Unit of the University of Central Florida) STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS YEARS ENDED JUNE 30, 2009 2009
2008
$8,350,583
$14,099,080
(23,233,840)
(10,699,468)
10,978,551
10,800,581
3,669,042
4,772,438
Dues and other revenues—net
871,190
2,425,564
Advertising and royalties
634,443
1,824,223
License plate proceeds
375,656
344,300
1,645,625
23,566,718
11,498,131
21,014,944
Building operations
6,087,677
6,858,721
Fund-raising
2,920,230
3,672,634
Student aid
2,025,306
4,289,466
Athletics
3,131,624
4,419,415
Management and general
4,486,729
4,157,913
Alumni relations
2,737,605
3,004,059
General university support
1,621,868
1,902,261
441,160
663,879
OPERATING REVENUES:
Contributions (net of provision for uncollectible pledge receivables of $347,503 and $2,928,165, respectively) Net realized and unrealized gains on investments Rental Income Interest and dividends
Total operating revenues
OPERATING EXPENSES:
Academic support
Research Property held-for-sale Total operating expenses
OPERATING LOSS NONOPERATING REVENUES—University support TRANSFERS—Defeasance of debt—transferred to UCFAA LOSS BEFORE ENDOWMENT CONTRIBUTIONS
—
—
34,950,330
49,983,292
(33,304,705)
(26,416,574)
3,300,104
3,389,999
615,860
—
(29,388,741)
(23,026,575)
2,946,605
10,812,320
CHANGE IN NET ASSETS
(26,442,136)
(12,214,255)
NET ASSETS—Beginning of year
210,162,568
222,376,823
$183,720,432
$210,162,568
ENDOWMENT CONTRIBUTIONS
NET ASSETS—End of year
A copy of the audited financial statements can be obtained by writing to the UCF Foundation, Inc., 12424 Research Parkway, Suite 140, Orlando, Florida 32826, or by calling 407-882-1220.
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2008-2009 UCF Board of Trustees & Foundation Board of Directors U N I V E R S I T Y O F C E N T R A L F L O R I D A F O U N D AT I O N , I N C .
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UCF Board of Trustees 2008-2009 Richard J. Walsh ’77, Chair Thomas H. Yochum, Vice Chair
Dr. Manoj Chopra
Judith Ann Albertson
Patrick T. Christiansen
Harris Rosen
Logan Berkowitz
Alan Florez
Conrad Santiago
Olga M. Calvet ’71
Michael J. Grindstaff ’78
Al R. Weiss ’76
Phyllis A. Klock
U C F F o u n d a t i o n , IN C . B o a r d o f D i r e c t o r s 2008-2009 ( J u ly 1 , 2 0 0 8 - J u n e 3 0 , 2 0 0 9 ) Officers Michael J. Grindstaff ‘78 Chair
Directors
President’s Council
Judith Ann Albertson
J. Blair Culpepper
Michael Manglardi, Esq. ‘84 Vice Chair
Jim Atchison ‘92
Donald R. Dizney
Kevin P. Barkman ‘77
Nan B. McCormick ‘83 Co-Vice Chair
Dale P. Bennett
Emeritus
Seth A. Bernstein
James T. Barnes, Jr.
Mark M. Calabrese ‘78 Treasurer Marcos Marchena ‘82 Secretary Olga M. Calvet ‘71 Immediate Past-Chair
R. Todd Bowers ‘77
R. Van Bogan
Kenneth W. Bradley ‘85
J. A. Burnett
Larry Chastang
Phoebe Carpenter
Cari H. Coats ‘79
Peter Dagostino
Carol M. Craig
Mary Jo Davis
John V. D’Albora, Jr.
Buell G. Duncan, Jr.
Ex-Officio
James W. Ferrell, ‘80
Alan G. Fickett ‘71
Bob Berk
George O. Glance III ‘90
Manuel A. Garcia III
Randy E. Berridge
Jeanette Gould
J. Charles Gray, Esq.
Richard T. Crotty ‘72
Beat M. Kahli
Gerald F. Hilbrich
Buddy Dyer
Dr. Jorge J. Lopez
Deborah J. Komanski ‘79
Raymond Gilley
Rita A. Lowndes
John F. Lowndes, Esq.
John C. Hitt
J. Gary May ‘72
Gerald R. McGratty ‘71
Brian J. Morris
Craig S. Miller ‘74
Richard A. Nunis
Jacob V. Stuart
Anthony J. Nicholson
Roger W. Pynn ‘73
Richard J. Walsh ‘77
Janet Pino ‘89
Allen Trovillion
JoAnne Puglisi ‘73
Al R. Weiss ‘76
Honorary Directors
Gerald Rutberg
Nelson Ying
H. Trevor Colbourn
Timothy J. Seneff
Thomas H. Yochum
Charles N. Millican
Ann Sonntag
Joan D. Ruffier
Blaine Sweatt III ‘76 Rasesh H. (Sesh) Thakkar ‘84 Larry F. Tobin
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Contact UCF Foundation, Inc. 12424 Research Parkway Suite 250 Orlando, Florida 32826-3208 407-882-1220 telephone
UCF Alumni Association 407-823-2586 telephone
U C F S T ANDS F O R O PP O R T U N I T Y
The University of Central Florida Foundation, Inc. is the official fundraising organization and recipient of gifts for the University of Central Florida. It is a 501(c)(3) nonprofit organization and the university’s primary partner in securing philanthropic resources. The foundation enhances relationships with alumni, friends, faculty, staff and community partners. The foundation secures and manages charitable resources for the university and always acts with integrity and honesty. ucffoundation.org