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Fall 2016

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Dear fellow Foundation Trustees,

What a joy it was to spend time with so many new and returning trustees during our three days together on the CU Boulder campus in November. We welcomed 17 new members to the Board of Trustees, most of whom were able to join us in Boulder. You can read bios of our new class of trustees here.

From Chancellor DiStefano’s warm welcome during Thursday evening’s salute to veterans, continuing with the Be Boulder presentations on Friday morning, and through the thrilling football game at Folsom Field on Saturday afternoon, we experienced thought-provoking educational programming and, with new acquaintances and old friends, we cheered on the CU Buffs to victory over Washington State. We had opportunities to meet James Anaya, the new Dean of the Colorado Law School, to hear from Dean Rob Shay about the College of Music’s new fundraising campaign and to learn about the great progress Athletic Director Rick George is making towards his strategic goals. And we were inspired by Vice Chancellor Deb Coffin’s call to find new ways that each of us can help advance CU’s mission.

Our fall trustees meeting was also a time of transition for the CU Foundation’s volunteer leadership. We feted Jim Linfield and expressed our appreciation for his two years of outstanding service as chair of the CU Foundation’s Board of Trustees. We thanked Earl Wright for his many years safeguarding our endowments during his long tenure as chair of the Foundation’s Investment Policy Committee. We welcomed three new members to the Board of Directors: James Gallogly, Stephen Hansen and Dawn Wood. And we installed our new volunteer leadership team: Margaret Bathgate, board chair, Mike Imhoff, board vice chair, and Eric Kramer, chair of the Investment Policy Committee. You can find out more about our new board chair Margaret Bathgate here.

As a Foundation trustee, you have graciously agreed to make the University of Colorado one of your top philanthropic priorities this year. I am pleased to report that we are close to our goal of 100% giving by trustees in 2016. If you have not yet made your gift, or if you would like to make an additional contribution before calendar year-end, please explore the many giving opportunities available to you at giving.cu.edu.

With thanksgiving for your confidence, loyalty and generosity,

CU Foundation President and CEO

Total private support

FISCAL YEAR 2017

thermometer graphic$82M
fy 2017 total
stock exchange graphic17,927
fy 2017 gifts
chart showing total contributed to date

LTIP INVESTMENT PERFORMANCE

FOR THE 3-MONTH PERIOD ENDING SEPT. 30, 2016

stock exchange graphic4.03%
LTIP
stock exchange graphic4.42%
POLICY BENCHMARK
stock exchange graphic3.85%
S&P 500
chart showing the investment performance to date
Visit cufund.org/investment-updates for more information and analysis about our investment performance and outlook, as well as our informational guide to CU’s endowments.

FINANCIALS

As of Sept. 30, 2016

dollar sign graphic$1.361B
LTIP VALUE
dollar sign graphic$1.1B
ENDOWMENT VALUE
gift graphic2,534
ENDOWMENTS
chart showing the investment performance to date

CU Foundation and Advancement News

Updates to giving.cu.edu: CU Advancement in November unveiled its last major addition to CU’s giving website at giving.cu.edu. Included are a Guide to Giving that steers visitors through the many ways they can give to support the university; an Impact section that spotlights the tremendous and varied ways giving benefits students, faculty and programs throughout CU; and an About Us section that explains how Advancement functions at CU.

Momentum at CU Anschutz: CU Anschutz Advancement this fall debuted Momentum, its annual publication that demonstrates the impact of benefactors’ generous support. It highlights the great work that philanthropy inspires among the campus’ talented faculty and hardworking students. Read it and view exclusive web extras at supportcuanschutz.ucdenver.edu/momentum.

New alumni director at CU Denver: Dan Gould started on Sept. 26 as CU Denver’s new senior director, Alumni Relations. Dan worked most recently at the University of Chicago and is looking forward to leading the campus’ alumni program through a period of significant growth and transformation, as envisioned by Chancellor Dorothy Horrell.

2016-17 Trustee Meetings

Trustee Reception at CU Anschutz Medical Campus

Thursday, Feb. 9, 2017

Trustee and Director Meetings at CU Anschutz Medical Campus

Friday, Feb. 10, 2017

Trustee Reception at UCCS

Thursday, May 4, 2017

Trustee Meeting at UCCS

Friday, May 5, 2017

Director Meeting in Denver

Thursday, June 22, 2017

Trustee Reception at CU Denver

Thursday, Aug. 17, 2017

Trustee and Director meetings at CU Denver

Friday, Aug. 18, 2017

 

Campus private support highlights

CU Anschutz

University Physicians, Inc., the practice plan serving CU’s physicians and providers, made a $2 million gift in support of the first University of Colorado Medicine Chair in Anesthesiology.

Patty Hoehle made an estate commitment of $1 million to benefit research in Alzheimer’s disease, Parkinson’s disease, heart failure, diabetes and breast cancer. She also contributed $101,000 in current support to advance Parkinson’s disease research.

An anonymous benefactor made a $500,000 bequest commitment to support research in the Department of Neurosurgery.

The Children’s Diabetes Foundation gave nearly $400,500 in ongoing support for the Barbara Davis Center for Diabetes, to which it has contributed more than $100 million since the CDF’s establishment in 1977. The Guild, an auxiliary 400-member volunteer group of the CDF, has contributed an additional $2 million and continues its fight against diabetes.

Retired CU School of Medicine faculty member Margaret Neville made commitments totaling $240,000 in support of junior faculty research in the Department of Obstetrics and Gynecology.

With a $200,000 commitment, the Stewart and Dake family established a fund that will support Huntington’s disease research. This is the first gift from this benefactor, inspired by a family member’s experience with CU.

Alumnus and CUF Trustee Richard Brown (’54) made a $100,000 gift supporting head and neck cancer research.

Dick and Mary Pat McCormick made a $100,000 commitment supporting prostate cancer research in the Division of Urology.

Jenny and Martin Rankin made a $100,000 gift to support fellowships in climate and health policy for post-graduate physicians in the Department of Emergency Medicine.

CU Boulder

Dr. John Milligan, the CEO of Gilead Sciences, made a $1 million gift to establish the Olke C. Uhlenbeck Endowed Graduate Fund for students participating in the BioFrontiers Interdisciplinary Quantitative Biology (IQ Biology) PhD program. The program exposes graduate students to other aspects of working in biological sciences, from writing computer code and learning applied math to professional development. Dr. Tom Cech, distinguished professor in chemistry and biochemistry, the director of the BioFrontiers Institute, and a Nobel Laureate, participated in choosing the first Uhlenbeck fellow.

Marty Coffin Evans made her fourth endowment gift to the College of Music, honoring her late father, renowned vocal educator and CU faculty member Berton Coffin. Her $150,000 gift will establish a fund to promote student success in competitions, festivals and other activities.

Dean Emeritus Dan Sher and his wife, Boyce, established a fund for student travel in honor of Becky Roser and her five years of exceptional service to the College of Music as chair of the Music Advisory Board. The Shers’ $25,000 gift inspired Becky to match the gift, which in turn inspired additional gifts, quickly building the fund to more than $50,000.

Over the last two years, more than 90 percent of the Leeds School of Business’ undergraduate, graduate and PhD degree students found employment within three months of graduation. Ellen Balaguer (’82), a Leeds board member, provided critical seed funding to enable the school to conduct research and launch pilot programs that will ultimately shape this important strategic initiative.

On Aug. 28, nearly 150 Colorado Law alumni and friends (including Colorado Supreme Court Chief Justice Nancy Rice) participated in the 4th annual Colorado Law Classic, a golf tournament organized by 2012 Law alums Andrew Garnett (JD ’12) and Matt Henderson (’06, JD ’12). The event raised more than $12,000 for the Sarah Rector Memorial Law Scholarship, which supports students who participate in the Entrepreneurial Law Clinic.

Colorado Law encourages reunions and fundraising for classes celebrating reunions in five-year increments (5th through 50th). This year, three classes (1966, 1976 and 1996) used the occasion to establish new endowed scholarships, raising more than $250,000 student awards.

Terry and Charlotte Quarton made a $7 million planned gift in addition to an IRA rollover commitment to support student scholarships through the Office of Financial Aid. Scholarships will support students in Leeds School of Business and the College of Engineering who are Colorado residents, represent the top tier of academic performance and have demonstrated financial need.

CU Denver

More than $550,000 in gifts and commitments directed to student scholarships at CU Denver included:

  • The Intergovernmental Employees Association made a $100,000 gift to the School of Public Affairs to support the Civil Discourse Education and Scholarship Fund.
  • Architect and friend Curt Fentress made a $50,000 gift, combining his 2016 Bonfils-Stanton Award for distinguished community service with a personal contribution to benefit students in the College of Architecture and Planning.
  • A blended gift of cash and bequest from alumna Patricia Wiser (MA ’67, MA ’76, MA ’84) created the Phil Loney and Pat Wiser Scholarship, named in her honor and for her late husband, for students in the School of Education and Human Development preparing to become K-12 teachers of English and related subjects.

Other notable gifts included:

  • The Colorado Health Foundation made a $430,000 gift to the College of Architecture and Planning for a three-year pilot project to rehabilitate an economically disadvantaged neighborhood in Denver.
  • Pinnacol Assurance made a $700,000 gift, completing its seven-year commitment as a founding partner of the Business School Risk Management and Insurance Program to develop a source of talent for the industry.
  • R-T Specialty of Chicago made a $25,000 gift to support the Risk Management and Insurance program.
  • The Xcel Energy Foundation made a $25,000 gift to the Office of Veteran Student Services for career-readiness activities.

UCCS

Marie Walsh Sharpe Foundation made a $1 million gift to name the Gallery of Contemporary Arts in the Ent Center for the Arts.

An initial endowment of $25,000 is being established to honor Steve Kirkham, the recently retired UCCS athletic director, to support the athletic department. Kirkham oversaw the most successful period in the history of Mountain Lion athletics, competitively and academically.

A $400,000 gift from Clancy Herbst (’50, H ’95) and his wife, Linda, fully funded the McCord-Herbst Student Veteran Center, which was formally dedicated on Sept. 9. The new home is dedicated to supporting active-duty military, veterans and veteran-related students, which comprise 20 percent of the UCCS student body.