||Schofield Hall 218|
||Eau Claire, WI 54702-4004|
Record Number of Alumni
Support Work of Foundation
During Fiscal '99
MAILED: Oct. 26, 1999|
The University of Wisconsin-Eau Claire Foundation Inc. had a solid year of progress in assisting the university, its faculty and students during the 1998-99 fiscal year.
Contributions of $1,638,161 marked the eighth consecutive year that the Foundation has received more than $1 million in gifts from alumni, parents and friends of the university, Chairman Patrick Quinn reported during the Foundation's 41st annual meeting Oct. 20. Foundation assets as of June 30, 1999, exceeded $16 million.
As a result, the Foundation turned over nearly $1.5 million to the university for scholarships, faculty projects, equipment, research and other priorities.
The gifts came from an impressive number of donors 14,244. Of the total number of donors, 10,988 were alumni, a 2 percent increase over last year. Twenty-two percent of the total alumni population contributed financially to the Foundation, and nearly 33 percent of alumni solicited made a gift.
"These statistics reflect the wonderful loyalty of UW-Eau Claire alumni, whose giving rate is nearly twice the average alumni giving rate for public undergraduate institutions," Quinn said.
Strong alumni support also is an important part of the criteria evaluated by U.S. News & World Report and others in rating colleges and universities, Foundation President Jack Fistler said. It will play a key role as the Foundation focuses on increasing private financial support for UW-Eau Claire programs.
Fistler said it's particularly encouraging that the Foundation concluded a successful year, given the changes in leadership both within the university and the Foundation. During fiscal 1999, Mash began his tenure as UW-Eau Claire's sixth chancellor, Ronald Satz was appointed provost, Andrew Soll was appointed vice chancellor and Fistler began as Foundation president.
"UW-Eau Claire is known for quality, and your work helps maintain and enhance it," Mash told directors. "We are supported by a combination of state tax money, tuition, program revenue and private funds. All must function in a fair partnership and be managed dynamically in order for us to fully serve the citizens and businesses of our area, the immediate region and the state of Wisconsin."
In other business the board added eight new members, including Charles Grossklaus, Royal Credit Union; Robert Hood, M&I Bank; Jerry Larsen, Northern States Power; Judge Gregory Peterson, Wisconsin Court of Appeal, District 3; Richard "Pete" Peterson, Firstar Bank; Jim Pinter, Stienessen, Schlegel & Co; Michael Richards, Hutchinson Technology; and John Schaaf.
The board also recognized directors who have completed their terms of office, including Marvin Market, Market & Johnson; Gina McEnany; and Laura Talley, M&I Bank.
The Foundation officers for fiscal year 2000 are Patrick Quinn, chairman; Larry Weber, vice chairman; Susan Tietz, secretary; and John Torgerson, treasurer. Jerry Ives, Foundation accountant, and Dr. Kathleen Mitchell, associate vice chancellor for business and student services, are the assistant treasurers. Robin Leary, program assistant in the Development Office/Foundation, is the assistant secretary.
Janice B. Wisner
UW-Eau Claire News Bureau
Updated: Oct. 26, 1999