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Committee to examine mission and chart
future of foundation
by Barbara
Pitoniak, News Office staff
embers
of the University of Massachusetts Foundation at Amherst have decided
to form an ad hoc committee to examine the foundation's role and determine
its future direction in support of the campus. The decision to establish
the committee came at the foundation's fall meeting Nov. 3 on campus.
Nominating committee chair Barry Weiner,
who will also head the ad hoc committee, pointed out that the Amherst
Foundation has been in existence for just over two years and the time
has come to examine its mission and determine how best to assist the
University and its administration in the years ahead.
Among the issues to be considered, said
Weiner, are the foundation's organizational structure, and its relationship
to the system-wide UMass Foundation, as well as to the Board of Trustees.
He said, "Our objectives remain threefold: to sustain and grow
a first-rate fundraising program; to provide executive counsel to
the chancellor and his administrative team; and to support broad-based
advancement efforts."
Accomplishing those aims, Weiner said,
requires the foundation to be "an effective, dynamic group"
with a clear direction for the future. Members of the ad hoc committee
will be appointed by foundation chair Jack Flavin within the next
few weeks, and the committee is expected to recommend a formal plan
at the foundation's meeting next May.
The foundation meeting opened with a
presentation by Chancellor David K. Scott of highlights of his six-year
retrospective of his "Strategic Action" plan. "The
University has been moving forward," Scott said, "and is
better and stronger than it would have been without such a planning
effort."
Focusing on the goals of "Strategic
Action" related to advancing the University, Scott announced
the total raised for Campaign UMass as of that morning, was $122.6
million. By Dec. 31, he said, "We will have exceeded our campaign
goal of $125 million, and we will have done so a year early."
Scott praised the schools and colleges
for their "significant achievement" in establishing numerous
faculty endowments to increase the University's ability to attract
topnotch professors. He said the campus has strengthened its image
with a new logo and a continuing presence in the national press, and
has enlisted numerous advocates through the Ambassadors Program and
by increasing its numbers of alumni volunteers.
The chancellor also reported successful
efforts to contain student costs; the campus's investment in information
technology; outreach efforts across the state; more study-abroad opportunities
for an increasing number of students, and improvements to the campus's
infrastructure.
Scott noted the work of the Commission
on the Future will help to position the University to achieve its
mission in the 21st century and he said the support and guidance of
the foundation in the future is essential.
Gordon Oakes, campaign treasurer, provided
a summary of fundraising activities for the fiscal year that ended
June 30, and Joseph Cofield, executive vice president and chief operating
officer of the system-wide UMass Foundation reported the University's
endowment currently stands at $128 million, with $55.5 million of
that total for the Amherst campus.
In his report, Vice Chancellor for University
Advancement Royster Hedgepeth pointed to a number of "indicators
of success," including the completion of Campaign UMass a year
ahead of schedule; an increase of gift funds by 84 percent in five
years; $35 million in new endowments and $9 million in financial aid;
increased membership in the Alumni Association; a new spirit of philanthropy
and volunteerism; an award-winning image, themes, logo and graphics;
and Web-based communications.
Hedgepeth dubbed the challenges for
Advancement ahead as "UA 2X '06." He said that by the year
2006, Advancement must double fundraising productivity; develop a
high level of congruity between fundraising goals and academic priorities;
double grassroots support; mobilize regional volunteers; double alumni
association membership, and double communications effectiveness. Volunteer
leadership, said Hedgepeth, including that of the foundation as the
principle fundraising vehicle for the campus, is key to the success
of meeting those challenges. |