Private Gifts Help Build theGerdin BusinessBuilding

Private GiftsHelp Build theGerdin BusinessBuilding

ConnectionsFor Friends of the Iowa State University Foundation

t PAPPAJOHN CENTER t GIFT IMPACT AROUND CAMPUS t SCHOLARSHIP SUPPORT t

S P R I N G / S U M M E R 2 0 0 4

ConnectionsS P R I N G / S U M M E R 2 0 0 4

Connections is published periodically bythe Iowa State University Foundation—a private, non-profit corporation dedi-cated to securing and stewarding privategifts and grants that benefit Iowa StateUniversity. This magazine serves as a link between Iowa State and benefactorswho support the university. You arereceiving this publication as an importantmember of the Iowa State family. We welcome your comments, suggestionsand questions.

Iowa State University FoundationOffice of Communications2505 Elwood DriveAmes, Iowa 50010-8644Phone: 515-294-4607Toll Free: 866-419-6768Web: www.foundation.iastate.eduE-mail: questions@foundation.iastate.edu

The Iowa State University Foundation does not discriminate on the basis of race,color, age, religion, national origin, sexualorientation, sex, marital status, disability,or status as a U.S. Vietnam Era Veteran.Any persons having inquiries concerningthis may contact human resources, ISUFoundation, 515-294-4607.

The Story and the Power of Every Gift

Behind every dollar contributed to benefit

Iowa State University there is a heart-

warming story that describes motivation,

generosity and commitment. On the following

pages you will meet some special people who

have meaningful stories to tell — stories about faculty support, student

scholarships, college and program enhancements and new facilities. These

donors and many more are making a significant difference at ISU, and for

the students who are the ultimate beneficiaries.

In a period of serious budget cutting, support from you and thousands of

others is indeed more valuable than ever. You help provide the “extras” that

have long existed to make the Iowa State experience so special. And when

you give, you’re saying to the students and faculty, “We believe in you.”

Your support does not go unnoticed. Just ask any of the thousands of

students, parents, alumni, faculty, athletic fans and staff members who have

experienced Iowa State. They will tell you firsthand that philanthropy is the

distinguishing factor between “good” and “excellent.”

Iowa State has a proud history of investing in our people, and we are very

appreciative of the private support that enables us to do so. As of April 30,

more than 48,296 donors have given gifts since the start of the fiscal year to

support ISU — this number is up significantly from 40,818 during the same

time last year.

Thank you for your commitment to Iowa State University. Know that the

financial power of your support — and the message behind your gift —

are very much appreciated. t

Gregory L. Geoffroy

President

Iowa State University

President Gregory L. Geoffroy

1

ConnectionsS P R I N G / S U M M E R 2 0 0 4

Connections is published periodically bythe Iowa State University Foundation—a private, non-profit corporation dedi-cated to securing and stewarding privategifts and grants that benefit Iowa StateUniversity. This magazine serves as a link between Iowa State and benefactorswho support the university. You arereceiving this publication as an importantmember of the Iowa State family. We welcome your comments, suggestionsand questions.

Iowa State University FoundationOffice of Communications2505 Elwood DriveAmes, Iowa 50010-8644Phone: 515-294-4607Toll Free: 866-419-6768Web: www.foundation.iastate.eduE-mail: questions@foundation.iastate.edu

The Iowa State University Foundation does not discriminate on the basis of race,color, age, religion, national origin, sexualorientation, sex, marital status, disability,or status as a U.S. Vietnam Era Veteran.Any persons having inquiries concerningthis may contact human resources, ISUFoundation, 515-294-4607.

The Story and the Power of Every Gift

Behind every dollar contributed to benefit

Iowa State University there is a heart-

warming story that describes motivation,

generosity and commitment. On the following

pages you will meet some special people who

have meaningful stories to tell — stories about faculty support, student

scholarships, college and program enhancements and new facilities. These

donors and many more are making a significant difference at ISU, and for

the students who are the ultimate beneficiaries.

In a period of serious budget cutting, support from you and thousands of

others is indeed more valuable than ever. You help provide the “extras” that

have long existed to make the Iowa State experience so special. And when

you give, you’re saying to the students and faculty, “We believe in you.”

Your support does not go unnoticed. Just ask any of the thousands of

students, parents, alumni, faculty, athletic fans and staff members who have

experienced Iowa State. They will tell you firsthand that philanthropy is the

distinguishing factor between “good” and “excellent.”

Iowa State has a proud history of investing in our people, and we are very

appreciative of the private support that enables us to do so. As of April 30,

more than 48,296 donors have given gifts since the start of the fiscal year to

support ISU — this number is up significantly from 40,818 during the same

time last year.

Thank you for your commitment to Iowa State University. Know that the

financial power of your support — and the message behind your gift —

are very much appreciated. t

Gregory L. Geoffroy

President

Iowa State University

President Gregory L. Geoffroy

1

Like many IowaState students andalumni who grew

up in rural Iowa, Eric Smith knows athing or two aboutresponsibility.

“Being one of five siblings

raised on a livestock farm, I

learned very quickly the impor-

tance of responsibility,” said the

St. Anthony native. “Caring

for 60 to 100 head of cattle is a

group effort that requires

around-the-clock attention.”

Eric also knew well before

enrolling at Iowa State that

paying for college was one of

those responsibilities he would

likely have to shoulder himself.

The animal science major start-

ed saving early, and sales of

his own cattle help with his

university bill. Eric also has

received some assistance from a

scholarship established through

an estate gift.

Eric is one of 133 ISU

undergrads who received

financial assistance from the

Gertrude M. Kable Under-

graduate Scholarship Fund last

fall. The Kable Scholarship is

specifically for middle-class

students with an average GPA

who may not qualify for aid

that’s based on financial need

or academic performance.

“By helping me meet my

expenses, the Kable Scholar-

ship helps me concentrate on

my main responsibility here at

Iowa State – my studies,” said

Eric. “I know some students

who have to work two or three

jobs to help pay their bills. The

Kable Scholarship gives me the

freedom to avoid that.”

When he’s not studying

or working in the student

financial aid office in

Beardshear Hall, you’ll likely

find him helping out back on

the family farm.

“My dad helps take care of

my livestock so I can stay

focused on my grades,” said

Eric. “So it’s important for me

to go back and help him when

I can.”

Although he finished his

undergraduate degree this

spring, Eric will need to con-

tinue the reciprocal arrange-

ment with his father for a few

more years. In March, he was

accepted into Iowa State’s

College of Veterinary Medicine

and plans to study production

animal medicine.

“I’m very grateful for the

private support I’ve received,”

said Eric. “It’s really helped

me in my undergraduate

education, and hopefully, I’ll

find some additional support

to help with my bills in

Vet Med!” t

Scholarship RecipientUnderstands Responsibility

During one special

moment last January, the

lives of 4,000 business

students suddenly

changed for the better. On the

first day of the second semes-

ter, doors opened to the new

Gerdin Business Building.

Months of anticipation came

to an end as the students

eagerly scoped out their new

surroundings. It was a major

milestone for the College of

Business — because after

20 years, they finally have a

home of their own.

A little more than a month

after classes began, a formal

dedication event was held on

February 20. An overflow

crowd of students, guests,

faculty and dignitaries greeted

Russ and Ann Gerdin as they

entered the ceremony. The

Coralville, IA couple con-

tributed $10 million for the

college and initiated the Gerdin

Challenge, which ultimately

raised more than $35 million in

private support for the new

facility, faculty endowments,

student endowments and

program enhancements.

Ann and Russ addressed

the audience that included

Gov. Tom Vilsack and former

Gov. Bob Ray. With much emo-

tion, they talked about their

family, their business and why

they chose this gift for ISU.

Russ and Ann Gerdin at the dedication ceremony of the Gerdin Business Building.

Privategiftshelp build

the Gerdin Business Building

2 3

Like many IowaState students andalumni who grew

up in rural Iowa, Eric Smith knows athing or two aboutresponsibility.

“Being one of five siblings

raised on a livestock farm, I

learned very quickly the impor-

tance of responsibility,” said the

St. Anthony native. “Caring

for 60 to 100 head of cattle is a

group effort that requires

around-the-clock attention.”

Eric also knew well before

enrolling at Iowa State that

paying for college was one of

those responsibilities he would

likely have to shoulder himself.

The animal science major start-

ed saving early, and sales of

his own cattle help with his

university bill. Eric also has

received some assistance from a

scholarship established through

an estate gift.

Eric is one of 133 ISU

undergrads who received

financial assistance from the

Gertrude M. Kable Under-

graduate Scholarship Fund last

fall. The Kable Scholarship is

specifically for middle-class

students with an average GPA

who may not qualify for aid

that’s based on financial need

or academic performance.

“By helping me meet my

expenses, the Kable Scholar-

ship helps me concentrate on

my main responsibility here at

Iowa State – my studies,” said

Eric. “I know some students

who have to work two or three

jobs to help pay their bills. The

Kable Scholarship gives me the

freedom to avoid that.”

When he’s not studying

or working in the student

financial aid office in

Beardshear Hall, you’ll likely

find him helping out back on

the family farm.

“My dad helps take care of

my livestock so I can stay

focused on my grades,” said

Eric. “So it’s important for me

to go back and help him when

I can.”

Although he finished his

undergraduate degree this

spring, Eric will need to con-

tinue the reciprocal arrange-

ment with his father for a few

more years. In March, he was

accepted into Iowa State’s

College of Veterinary Medicine

and plans to study production

animal medicine.

“I’m very grateful for the

private support I’ve received,”

said Eric. “It’s really helped

me in my undergraduate

education, and hopefully, I’ll

find some additional support

to help with my bills in

Vet Med!” t

Scholarship RecipientUnderstands Responsibility

During one special

moment last January, the

lives of 4,000 business

students suddenly

changed for the better. On the

first day of the second semes-

ter, doors opened to the new

Gerdin Business Building.

Months of anticipation came

to an end as the students

eagerly scoped out their new

surroundings. It was a major

milestone for the College of

Business — because after

20 years, they finally have a

home of their own.

A little more than a month

after classes began, a formal

dedication event was held on

February 20. An overflow

crowd of students, guests,

faculty and dignitaries greeted

Russ and Ann Gerdin as they

entered the ceremony. The

Coralville, IA couple con-

tributed $10 million for the

college and initiated the Gerdin

Challenge, which ultimately

raised more than $35 million in

private support for the new

facility, faculty endowments,

student endowments and

program enhancements.

Ann and Russ addressed

the audience that included

Gov. Tom Vilsack and former

Gov. Bob Ray. With much emo-

tion, they talked about their

family, their business and why

they chose this gift for ISU.

Russ and Ann Gerdin at the dedication ceremony of the Gerdin Business Building.

Privategiftshelp build

the Gerdin Business Building

2 3

surely enjoying the new build-

ing, students are undoubtedly

benefiting the most. Andrea

Rheinhart is a junior from

Bettendorf majoring in man-

agement, international business

and French. During the dedica-

tion ceremony, she compared

life as an ISU business student

before the Gerdin Business

Building to being operationally

efficient. “We still went to class

and benefited from one of the

best business programs in the

region.” However, she said “the

new building has given us an

extra edge and is providing the

means to be strategically effec-

tive.” To Andrea, the building

symbolizes that ISU is also a

leading school of business and

will continue to grow and

build upon its excellent reputa-

tion (Note: U.S. News & World

Report’s annual rankings of

business schools recently

announced that ISU has

increased from 76 to 67).

In addition to Russ and Ann

Gerdin, thousands of other

alumni, friends and corpora-

tions made contributions to the

Gerdin Challenge. The support

from all benefactors is signifi-

cantly impacting the future of

the College of Business. For

more information about the

new building and the college,

visit www.bus.iastate.edu. t

“Iowa has given us so much,”

Russ said. “Ann and I strongly

believe that education — espe-

cially of young people — is the

key to improving our state and

nation.” He also thanked all the

people who made this project a

reality and praised Dean Labh

Hira, Provost Ben Allen and

President Gregory Geoffroy for

their hard work and dedication

to this effort.

Russ is president, chairman

and CEO of Heartland Express,

Inc., a trucking firm he found-

ed in 1978. He and Ann were

both born in Minnesota and

earned their degrees from

Moorhead State University. Ann

received a degree in

elementary education and is a

former teacher. Russ holds a

degree in business.

“Russ and Ann made this

gift on behalf of the young

people of Iowa,” said Labh

Hira, dean of the college.

“There is no doubt that thou-

sands of students will receive

a quality education in this

marvelous facility for years

to come.”

The Gerdin Business

Building has a prime location

on Iowa State’s central campus

overlooking Curtiss Hall and

the campanile. It features wire-

less Internet access; high-tech

research and teaching laborato-

ries; tiered classrooms; a 300-

seat auditorium; and several

unique study areas. The build-

ing also includes a behavioral

research lab with observation

rooms; a laboratory that simu-

lates a real-world financial trad-

ing environment; and a career

services center that contains

12 interview rooms for use by

corporate recruiters. The Iowa

Small Business Development

Center is housed in the facility,

which helps strengthen the

economic development role of

both students and faculty.

While faculty and staff are

Gerdin BusinessBuilding NamedSpaces

Numerous donors have made

contributions to the new

Gerdin Business Building.

Without their generosity, this

project would not have been

possible. The following

alumni, friends and corpora-

tions are recognized for their

named spaces in the building.

• Accenture, LTD

• Kelley and Joan Bergstrom

• Steve and Debbie Bergstrom

• Edward C. Droste

• First National Bank, Ames,

Iowa

• William and Elizabeth

Goodwin

• Labh and Tahira Hira

• Anonymous donor in honor

of Amos O. Hughes

• Jacobson Companies

• Daniel and Sharon Krieger

• Robert and Judith

McLaughlin in honor of

Eugene and Lillian

McLaughlin

• Gary and Margaret Pint

• Principal Financial Group

• David and Ellen Raisbeck

• RSM McGladrey, Inc.

• George and Marcia Pike

Schaller

• Steven and Rose Ann Schuler

• Ned L. Skinner

• Richard and Joan Stark

• Gary and Susan Streit

• Union Pacific

• Wells Fargo & Company

• Murray and Valerie Wise

• 3M Foundation

• AEGON USA

• Ames National Corporation

• C.H. Robinson Worldwide

• CRST International, Inc.

• John and Ruth DeVries

• David and Margaret Drury

• James and Ann Frein

• John and Deborah Ganoe

• Jeffrey L. and Mary L. Gibbons

• John and Diane Harrington

• Ike and Charlene Harris

• Labh and Tahira Hira

• Jacobson Companies

• John Deere Foundation

• Madolyn Johnson

• Ric and Carol Jurgens

• Kauffman Foundation

• Krause Gentle Corporation

• John and Mary Pappajohn

• Richard and Marilyn Pecaut

• Pioneer Hi-Bred International,

Inc.

• David and Ellen Raisbeck

• John Ruan

• Steve and Becky Smith

• John and Connie (Palenyk)

Stafford

• Robert and Virginia Stafford

• Bob and Jane Sturgeon

• Dr. William H. Thompson

• Union Pacific

• Dr. Max Wortman

• Deloris Wright

Gerdin Challenge Major Gifts

Thousands of donors have made contributions to The Gerdin

Challenge which was launched in October 1998 to build a new facili-

ty and provide faculty endowments, scholarship endowments and

program enhancements for the College of Business. The following

contributors are recognized for their major gifts to this project:

Students enjoy the Kelley and Joan Bergstrom Commons. It is a place for gathering, reading and discussions — it also includes the Business Coffee Shop.

Ben Allen, ISU vice president for academic affairs and provost (and formerdean of the College of Business); Russ Gerdin; Ann Gerdin; and Labh Hira,dean of the College of Business.

The networking computer lab provides students an opportunity to resolve networking problems by conducting hands on research.

4 5

surely enjoying the new build-

ing, students are undoubtedly

benefiting the most. Andrea

Rheinhart is a junior from

Bettendorf majoring in man-

agement, international business

and French. During the dedica-

tion ceremony, she compared

life as an ISU business student

before the Gerdin Business

Building to being operationally

efficient. “We still went to class

and benefited from one of the

best business programs in the

region.” However, she said “the

new building has given us an

extra edge and is providing the

means to be strategically effec-

tive.” To Andrea, the building

symbolizes that ISU is also a

leading school of business and

will continue to grow and

build upon its excellent reputa-

tion (Note: U.S. News & World

Report’s annual rankings of

business schools recently

announced that ISU has

increased from 76 to 67).

In addition to Russ and Ann

Gerdin, thousands of other

alumni, friends and corpora-

tions made contributions to the

Gerdin Challenge. The support

from all benefactors is signifi-

cantly impacting the future of

the College of Business. For

more information about the

new building and the college,

visit www.bus.iastate.edu. t

“Iowa has given us so much,”

Russ said. “Ann and I strongly

believe that education — espe-

cially of young people — is the

key to improving our state and

nation.” He also thanked all the

people who made this project a

reality and praised Dean Labh

Hira, Provost Ben Allen and

President Gregory Geoffroy for

their hard work and dedication

to this effort.

Russ is president, chairman

and CEO of Heartland Express,

Inc., a trucking firm he found-

ed in 1978. He and Ann were

both born in Minnesota and

earned their degrees from

Moorhead State University. Ann

received a degree in

elementary education and is a

former teacher. Russ holds a

degree in business.

“Russ and Ann made this

gift on behalf of the young

people of Iowa,” said Labh

Hira, dean of the college.

“There is no doubt that thou-

sands of students will receive

a quality education in this

marvelous facility for years

to come.”

The Gerdin Business

Building has a prime location

on Iowa State’s central campus

overlooking Curtiss Hall and

the campanile. It features wire-

less Internet access; high-tech

research and teaching laborato-

ries; tiered classrooms; a 300-

seat auditorium; and several

unique study areas. The build-

ing also includes a behavioral

research lab with observation

rooms; a laboratory that simu-

lates a real-world financial trad-

ing environment; and a career

services center that contains

12 interview rooms for use by

corporate recruiters. The Iowa

Small Business Development

Center is housed in the facility,

which helps strengthen the

economic development role of

both students and faculty.

While faculty and staff are

Gerdin BusinessBuilding NamedSpaces

Numerous donors have made

contributions to the new

Gerdin Business Building.

Without their generosity, this

project would not have been

possible. The following

alumni, friends and corpora-

tions are recognized for their

named spaces in the building.

• Accenture, LTD

• Kelley and Joan Bergstrom

• Steve and Debbie Bergstrom

• Edward C. Droste

• First National Bank, Ames,

Iowa

• William and Elizabeth

Goodwin

• Labh and Tahira Hira

• Anonymous donor in honor

of Amos O. Hughes

• Jacobson Companies

• Daniel and Sharon Krieger

• Robert and Judith

McLaughlin in honor of

Eugene and Lillian

McLaughlin

• Gary and Margaret Pint

• Principal Financial Group

• David and Ellen Raisbeck

• RSM McGladrey, Inc.

• George and Marcia Pike

Schaller

• Steven and Rose Ann Schuler

• Ned L. Skinner

• Richard and Joan Stark

• Gary and Susan Streit

• Union Pacific

• Wells Fargo & Company

• Murray and Valerie Wise

• 3M Foundation

• AEGON USA

• Ames National Corporation

• C.H. Robinson Worldwide

• CRST International, Inc.

• John and Ruth DeVries

• David and Margaret Drury

• James and Ann Frein

• John and Deborah Ganoe

• Jeffrey L. and Mary L. Gibbons

• John and Diane Harrington

• Ike and Charlene Harris

• Labh and Tahira Hira

• Jacobson Companies

• John Deere Foundation

• Madolyn Johnson

• Ric and Carol Jurgens

• Kauffman Foundation

• Krause Gentle Corporation

• John and Mary Pappajohn

• Richard and Marilyn Pecaut

• Pioneer Hi-Bred International,

Inc.

• David and Ellen Raisbeck

• John Ruan

• Steve and Becky Smith

• John and Connie (Palenyk)

Stafford

• Robert and Virginia Stafford

• Bob and Jane Sturgeon

• Dr. William H. Thompson

• Union Pacific

• Dr. Max Wortman

• Deloris Wright

Gerdin Challenge Major Gifts

Thousands of donors have made contributions to The Gerdin

Challenge which was launched in October 1998 to build a new facili-

ty and provide faculty endowments, scholarship endowments and

program enhancements for the College of Business. The following

contributors are recognized for their major gifts to this project:

Students enjoy the Kelley and Joan Bergstrom Commons. It is a place for gathering, reading and discussions — it also includes the Business Coffee Shop.

Ben Allen, ISU vice president for academic affairs and provost (and formerdean of the College of Business); Russ Gerdin; Ann Gerdin; and Labh Hira,dean of the College of Business.

The networking computer lab provides students an opportunity to resolve networking problems by conducting hands on research.

4 5

ultimately strengthen Iowa’s

business climate.”

While the center’s focus is

on assisting new or existing

technology-based companies

located primarily in the ISU

Research Park, it utilizes

university resources in all eight

of Iowa State’s colleges.

“We’ve really established

a culture of sharing and

understanding,” said Carter.

“The networking component

is one of the greatest assets to

everyone involved. When you

have a graphic design student

who forms a relationship with

a computer engineering stu-

dent, it’s rewarding to see

their respective skills begin

the creative process.”

On average, 200 to 300

ISU students enroll in the

introductory course for the

entrepreneurship minor in a

given year. More than 3,000

students annually attend

events, lectures or courses

sponsored by the center.

A significant portion of the

center’s funding comes from

private support. Since its

inception, major gifts like the

endowment from Roy and

Bobbi Reiman have supported

internship programs and a

lecture series. Much of the

scholarship support has gone

to fund experiential learning

programs that give about

100 students each year profes-

sional, hands-on experience

with start-up companies.

“My vision is for Iowa State

to be known as the university

in the greater Midwest region

for students who have a desire

to become successful entrepre-

neurs after college,” said ISU

President Gregory Geoffroy.

“The entrepreneurship program

benefits the university, our

students, and the state. We

need, however, to expand out-

of-class experiences, with funds

for internships, lectureships

and other programs. Private

support from our alumni and

other successful entrepreneurs

is key to expand our efforts

to increase entrepreneurial

education.”

One significant improve-

ment to the entrepreneurial

studies program will begin in

the fall of 2004, when approxi-

mately 35 students will live in

a dedicated learning communi-

ty. Students majoring in chem-

istry, marketing, engineering,

and other disciplines will live

together and be connected to

mentors and speakers who will

contribute to student learning

by sharing experiences and

offering advice. Students will

have access to resources to

help them develop innovations

and possibly launch their

own companies.

“The biggest challenge for

many young entrepreneurs is

figuring out the right way to

get their companies started,

which often includes skills

they didn’t learn in their area

of discipline,” said Carter. “Our

alumni who have had similar

experiences are among the

most valuable tools we have in

this educational process, and

we’re always looking for others

to share their talents and

resources with the business

leaders of tomorrow.” t

The Pappajohn Center:A Gateway for Iowa State

And while each of these indi-

viduals had a significant role in

starting or developing a busi-

ness, they all left Iowa State

with degrees in unrelated disci-

plines. So what are aspiring

computer engineering majors

to do once they determine how

to revolutionize their industry?

Call the Pappajohn Center

for Entrepreneurship — an

important and popular facet of

the ISU experience for many

students and faculty members,

as well as entrepreneurs out-

side the university community.

The center was started in

1996 through a lead gift from

Des Moines venture capitalist

John Pappajohn, president of

Equity Dynamics, and his wife

Mary. Other Pappajohn gifts at

the same time started similar

centers in universities through-

out Iowa.

“The Pappajohn Center is

truly a gateway for Iowa State,”

said center director Steven

Carter. “On one hand, it’s a

gateway for Iowa’s business

community and entrepreneurial

leaders to access the universi-

ty’s wealth of resources, infor-

mation and people. On the

other, it’s a gateway for the

university to engage with the

business community to trans-

form ideas and theories into

practical applications – and

Iowa State students have gone on to accomplishsome amazing things in their professionalcareers. They’ve started seed companies,

invented computers, and developed revolutionarytractors. Some have built publishing empires, while others have helped advance computer animation in Hollywood to Oscar-worthy levels.

John Pappajohn

The ISU entrepreneurship program received the first ever “E-diffusion” award at the annual collegiate EntrepreneursOrganization conference held in Chicago last November. The award was given to the ISU Entrepreneur club for involv-ing both business and non-business students in its program. The club has members from over 30 distinct majors andeight different colleges. Pappajohn Center staff member Judi Eyles is in the front row, third from left.

While at ISU in thelate 1920’s, hewas vice presi-

dent of ISU’s studentbody and president of the InterfraternityCouncil. He was amember of Eta KappaNu and Tau Beta Phihonorary societies.

With an electrical engineering

degree in hand, he rose in the

ranks at General Electric and

became a vice president. The

leadership and engineering

skills he developed at Iowa

State helped him greatly in his

career, and he felt strongly

about giving back to his

alma mater.

George L. Irvine’s (Eng ’30)

estate will one day benefit the

College of Engineering. An

endowed gift – currently valued

at approximately $8 million –

will eventually provide general

support for the department of

electrical and computer engi-

neering. Irvine’s gift is through a

charitable remainder trust that

is currently paying benefits to

family members he identified in

his will. When those obligations

are fulfilled, the corpus of his

estate will then be transferred

to benefit the university. t

Gift to Benefit Electrical andComputer Engineering

6 7

ultimately strengthen Iowa’s

business climate.”

While the center’s focus is

on assisting new or existing

technology-based companies

located primarily in the ISU

Research Park, it utilizes

university resources in all eight

of Iowa State’s colleges.

“We’ve really established

a culture of sharing and

understanding,” said Carter.

“The networking component

is one of the greatest assets to

everyone involved. When you

have a graphic design student

who forms a relationship with

a computer engineering stu-

dent, it’s rewarding to see

their respective skills begin

the creative process.”

On average, 200 to 300

ISU students enroll in the

introductory course for the

entrepreneurship minor in a

given year. More than 3,000

students annually attend

events, lectures or courses

sponsored by the center.

A significant portion of the

center’s funding comes from

private support. Since its

inception, major gifts like the

endowment from Roy and

Bobbi Reiman have supported

internship programs and a

lecture series. Much of the

scholarship support has gone

to fund experiential learning

programs that give about

100 students each year profes-

sional, hands-on experience

with start-up companies.

“My vision is for Iowa State

to be known as the university

in the greater Midwest region

for students who have a desire

to become successful entrepre-

neurs after college,” said ISU

President Gregory Geoffroy.

“The entrepreneurship program

benefits the university, our

students, and the state. We

need, however, to expand out-

of-class experiences, with funds

for internships, lectureships

and other programs. Private

support from our alumni and

other successful entrepreneurs

is key to expand our efforts

to increase entrepreneurial

education.”

One significant improve-

ment to the entrepreneurial

studies program will begin in

the fall of 2004, when approxi-

mately 35 students will live in

a dedicated learning communi-

ty. Students majoring in chem-

istry, marketing, engineering,

and other disciplines will live

together and be connected to

mentors and speakers who will

contribute to student learning

by sharing experiences and

offering advice. Students will

have access to resources to

help them develop innovations

and possibly launch their

own companies.

“The biggest challenge for

many young entrepreneurs is

figuring out the right way to

get their companies started,

which often includes skills

they didn’t learn in their area

of discipline,” said Carter. “Our

alumni who have had similar

experiences are among the

most valuable tools we have in

this educational process, and

we’re always looking for others

to share their talents and

resources with the business

leaders of tomorrow.” t

The Pappajohn Center:A Gateway for Iowa State

And while each of these indi-

viduals had a significant role in

starting or developing a busi-

ness, they all left Iowa State

with degrees in unrelated disci-

plines. So what are aspiring

computer engineering majors

to do once they determine how

to revolutionize their industry?

Call the Pappajohn Center

for Entrepreneurship — an

important and popular facet of

the ISU experience for many

students and faculty members,

as well as entrepreneurs out-

side the university community.

The center was started in

1996 through a lead gift from

Des Moines venture capitalist

John Pappajohn, president of

Equity Dynamics, and his wife

Mary. Other Pappajohn gifts at

the same time started similar

centers in universities through-

out Iowa.

“The Pappajohn Center is

truly a gateway for Iowa State,”

said center director Steven

Carter. “On one hand, it’s a

gateway for Iowa’s business

community and entrepreneurial

leaders to access the universi-

ty’s wealth of resources, infor-

mation and people. On the

other, it’s a gateway for the

university to engage with the

business community to trans-

form ideas and theories into

practical applications – and

Iowa State students have gone on to accomplishsome amazing things in their professionalcareers. They’ve started seed companies,

invented computers, and developed revolutionarytractors. Some have built publishing empires, while others have helped advance computer animation in Hollywood to Oscar-worthy levels.

John Pappajohn

The ISU entrepreneurship program received the first ever “E-diffusion” award at the annual collegiate EntrepreneursOrganization conference held in Chicago last November. The award was given to the ISU Entrepreneur club for involv-ing both business and non-business students in its program. The club has members from over 30 distinct majors andeight different colleges. Pappajohn Center staff member Judi Eyles is in the front row, third from left.

While at ISU in thelate 1920’s, hewas vice presi-

dent of ISU’s studentbody and president of the InterfraternityCouncil. He was amember of Eta KappaNu and Tau Beta Phihonorary societies.

With an electrical engineering

degree in hand, he rose in the

ranks at General Electric and

became a vice president. The

leadership and engineering

skills he developed at Iowa

State helped him greatly in his

career, and he felt strongly

about giving back to his

alma mater.

George L. Irvine’s (Eng ’30)

estate will one day benefit the

College of Engineering. An

endowed gift – currently valued

at approximately $8 million –

will eventually provide general

support for the department of

electrical and computer engi-

neering. Irvine’s gift is through a

charitable remainder trust that

is currently paying benefits to

family members he identified in

his will. When those obligations

are fulfilled, the corpus of his

estate will then be transferred

to benefit the university. t

Gift to Benefit Electrical andComputer Engineering

6 7

core of any library,” said Emily.

Emily is currently an access

services librarian at the

University of Pennsylvania, and

David is an associate professor

in the School of Law Library

at Rutgers University.

R1941 Vet Med Grad Supports ScholarshipJerome Speltz (VET ‘41) grad-

uated from the ISU College of

Veterinary Medicine more than

60 years ago, but he has not

forgotten his roots. Four years

ago he and his wife established

the Laurine and Jerome Speltz

Scholarship to benefit veteri-

nary students with financial

needs. The scholarship fund

originated with a cash gift and

will continue to grow in the

future thanks to a second gift

from the couple. The Speltzes

set up a charitable remainder

trust utilizing a building they

owned in their hometown of

Winona, MN. By transferring

this asset to the ISU Founda-

tion through the trust, the

Speltzes will receive lifetime

income and tax benefits while

ensuring their philanthropic

goals will be realized.

RThe Beauty of Reiman Gardens Inspires GiftA gift to Reiman Gardens from

the estate of John David Evans

(ENG ‘47) and Jalond Lorraine

Adair Evans (FCS ‘46) was

inspired by the beauty of the

facility. “Our family is quite

excited to find such a

beautiful location to make this

memorial,” said Dennis J.

Evans (DES ‘70), executor of

his mother’s estate. The

$100,000 gift from a charitable

trust established by John and

Jalond will be used to amend

soils and create new gardens

around Lake Helen and the

Hillside Garden. “The generosi-

ty of the Evans family will

truly transform the gardens

in spectacular ways,” said

Teresa McLaughlin, Reiman

Gardens director.

R

Smithfield Foods CreatesScholarships Smithfield Foods, based in

Smithfield, VA, recently

donated $60,000 through its

Smithfield-Luter Foundation

to establish scholarships at

ISU for their employees’ chil-

dren and grandchildren. This

gift is a great recruiting tool

that will be used to attract

more students to Iowa State.

The Smithfield Foods gift

involves four ISU departments

in two different colleges.

Smithfield Foods is the world’s

largest pork processor and hog

producer and the fifth largest

beef processor. t

Private support ofIowa State exists in many forms.

Here are some recentexamples of how ISU’sbenefactors are mak-ing a big difference ina variety of ways.

Scholarship Helps Non-Traditional StudentsThe Rosenthal Scholarship has

been established to motivate

and reward women striving to

reach their dreams. More

specifically, the scholarship

serves non-traditional, full-time

female students (23 years and

older) who are single parents.

“Being a single parent and full-

time student can create several

challenges that could become

barriers to academic success,”

says Penny Rice, director of the

Margaret Sloss Women’s Center

at ISU and administrator of the

Rosenthal Scholarship. Thanks

to a caring and generous

anonymous donor, this schol-

arship helps demonstrate that

Iowa State recognizes non-tra-

ditional students and their

unique needs.

RAnd The Beat Goes OnThe ISU Department of Music

is the new home of a Petrof

Model II concert grand piano

thanks to Ted (ENG ‘60, ‘63,

‘65) and Rae (LAS ‘65, ‘68)

Okiishi of Ames. After 10 years

of owning their piano, the cou-

ple decided it was time to move

it to a location where it would

be enjoyed by many and fre-

quently played. The Okiishis

contacted Sue Haug, head of

the ISU Department of Music

and the ISU Foundation to

make arrangements for donat-

ing the piano. Thanks to the

Okiishis’ generosity, hundreds

of students, professors and

others will benefit from the

sounds of this grand piano for

years to come. Ted is professor

of mechanical engineering and

associate dean for research and

outreach in the ISU College of

Engineering. Rae is a marriage

and family therapist in

private practice.

ROne Gift Benefits Many ProgramsJerry (AG ‘62) and Ruth

Peltier of Ames have estab-

lished a charitable gift annuity

that will benefit a variety of

programs — the Monsignor

James A. Supple Scholarship

Fund; the Companion Animal

Fund at the ISU College of

Veterinary Medicine; and the

Department of Horticulture for

genetic development of horti-

cultural crops. “We were inter-

ested in supporting a variety

of areas, and the gift annuity

option made this possible,”

said Ruth. The Peltiers are the

retired owners of the Camelot

North Nursery in Minnesota.

RLibrarians Support the LibraryThe Iowa State University

Library will benefit from a

$400,000 deferred gift from

Emily (LAS ‘75) and David

Batista that will support faculty

and staff recruitment and reten-

tion. During her time at ISU,

Emily was a student employee

in the library. That experience

ultimately led to a career as a

librarian and a greater under-

standing of how philanthropy

can help support faculty and

staff. “A library is at the center

of a college education, and

people and programs are the

Gift Impact Around the ISU Campus

8 9

core of any library,” said Emily.

Emily is currently an access

services librarian at the

University of Pennsylvania, and

David is an associate professor

in the School of Law Library

at Rutgers University.

R1941 Vet Med Grad Supports ScholarshipJerome Speltz (VET ‘41) grad-

uated from the ISU College of

Veterinary Medicine more than

60 years ago, but he has not

forgotten his roots. Four years

ago he and his wife established

the Laurine and Jerome Speltz

Scholarship to benefit veteri-

nary students with financial

needs. The scholarship fund

originated with a cash gift and

will continue to grow in the

future thanks to a second gift

from the couple. The Speltzes

set up a charitable remainder

trust utilizing a building they

owned in their hometown of

Winona, MN. By transferring

this asset to the ISU Founda-

tion through the trust, the

Speltzes will receive lifetime

income and tax benefits while

ensuring their philanthropic

goals will be realized.

RThe Beauty of Reiman Gardens Inspires GiftA gift to Reiman Gardens from

the estate of John David Evans

(ENG ‘47) and Jalond Lorraine

Adair Evans (FCS ‘46) was

inspired by the beauty of the

facility. “Our family is quite

excited to find such a

beautiful location to make this

memorial,” said Dennis J.

Evans (DES ‘70), executor of

his mother’s estate. The

$100,000 gift from a charitable

trust established by John and

Jalond will be used to amend

soils and create new gardens

around Lake Helen and the

Hillside Garden. “The generosi-

ty of the Evans family will

truly transform the gardens

in spectacular ways,” said

Teresa McLaughlin, Reiman

Gardens director.

R

Smithfield Foods CreatesScholarships Smithfield Foods, based in

Smithfield, VA, recently

donated $60,000 through its

Smithfield-Luter Foundation

to establish scholarships at

ISU for their employees’ chil-

dren and grandchildren. This

gift is a great recruiting tool

that will be used to attract

more students to Iowa State.

The Smithfield Foods gift

involves four ISU departments

in two different colleges.

Smithfield Foods is the world’s

largest pork processor and hog

producer and the fifth largest

beef processor. t

Private support ofIowa State exists in many forms.

Here are some recentexamples of how ISU’sbenefactors are mak-ing a big difference ina variety of ways.

Scholarship Helps Non-Traditional StudentsThe Rosenthal Scholarship has

been established to motivate

and reward women striving to

reach their dreams. More

specifically, the scholarship

serves non-traditional, full-time

female students (23 years and

older) who are single parents.

“Being a single parent and full-

time student can create several

challenges that could become

barriers to academic success,”

says Penny Rice, director of the

Margaret Sloss Women’s Center

at ISU and administrator of the

Rosenthal Scholarship. Thanks

to a caring and generous

anonymous donor, this schol-

arship helps demonstrate that

Iowa State recognizes non-tra-

ditional students and their

unique needs.

RAnd The Beat Goes OnThe ISU Department of Music

is the new home of a Petrof

Model II concert grand piano

thanks to Ted (ENG ‘60, ‘63,

‘65) and Rae (LAS ‘65, ‘68)

Okiishi of Ames. After 10 years

of owning their piano, the cou-

ple decided it was time to move

it to a location where it would

be enjoyed by many and fre-

quently played. The Okiishis

contacted Sue Haug, head of

the ISU Department of Music

and the ISU Foundation to

make arrangements for donat-

ing the piano. Thanks to the

Okiishis’ generosity, hundreds

of students, professors and

others will benefit from the

sounds of this grand piano for

years to come. Ted is professor

of mechanical engineering and

associate dean for research and

outreach in the ISU College of

Engineering. Rae is a marriage

and family therapist in

private practice.

ROne Gift Benefits Many ProgramsJerry (AG ‘62) and Ruth

Peltier of Ames have estab-

lished a charitable gift annuity

that will benefit a variety of

programs — the Monsignor

James A. Supple Scholarship

Fund; the Companion Animal

Fund at the ISU College of

Veterinary Medicine; and the

Department of Horticulture for

genetic development of horti-

cultural crops. “We were inter-

ested in supporting a variety

of areas, and the gift annuity

option made this possible,”

said Ruth. The Peltiers are the

retired owners of the Camelot

North Nursery in Minnesota.

RLibrarians Support the LibraryThe Iowa State University

Library will benefit from a

$400,000 deferred gift from

Emily (LAS ‘75) and David

Batista that will support faculty

and staff recruitment and reten-

tion. During her time at ISU,

Emily was a student employee

in the library. That experience

ultimately led to a career as a

librarian and a greater under-

standing of how philanthropy

can help support faculty and

staff. “A library is at the center

of a college education, and

people and programs are the

Gift Impact Around the ISU Campus

8 9

While dietary sup-plements havebecome one of

the fastest growingretail segments in theU.S., it’s often difficultfor consumers toknow what to believeabout specific prod-ucts they use. A jointresearch projectbetween ISU and theUniversity of Iowa isexamining the benefitsof two of the mostpopular herbs in theU.S., and it’s recentlyreceived a boost froman interested alumna’sfoundation.

At the new Center for Research

on Dietary Botanical Supple-

ments, scientists from an array

of disciplines are focusing their

research on Echinacea and

Hypericum (St. John’s Wort).

To help advance this

research, ISU alumna Lura

Merrill Lovell (FCS ’51), has

taken her interest in integrated

medicine and, through the

David C. and Lura M. Lovell

Foundation, created the Lura

M. Lovell Faculty Fellowship,

which will ensure continued

research and education about

botanical supplements.

“Many compounds in these

supplements have not been

well identified,” said Dr. Diane

Birt, the center’s director. “Our

research focuses on identifying

the compounds that may have

the greatest health benefit.”

“The Lovell Foundation is

very involved in the advance-

ment of Integrative Medicine,”

said Lovell. “Since the use of

herbal remedies is one of the

alternative therapies used

widely in this country, the

foundation is excited to have

an opportunity to learn more

about the herbs being studied

at Iowa State.”

“Having funding for initiat-

ing an outreach program from

the Lovell fellowship will

certainly help position our

center to attract additional

funding from other sources,”

said Birt, “and also help us

attract a current faculty mem-

ber to put more emphasis on

this important topic.” t

Faculty Fellowship for Botanical Research Created

Diane Birt Ph.D. is the director of the Center for Research on Dietary BotanicalSupplements. The center’s research focuses on the nutritional value of Echinaceaand St. John’s Wort.

Lura Merrill Lovell (FCS ’51)

Several recent giftsto the College ofEngineering are

helping students andfaculty in variousareas of study.

Jim (ENG ’70) and Deborah

Zack (EDU ’70) Schultz have

pledged $100,000 to their

respective colleges, with

$75,000 committed to help

fund the Trane Sales Chair in

Engineering.

“This chair will greatly

improve the ability of our

students to pursue careers in

technical sales,” said Dean

James Melsa. “It’s increasingly

important for companies to

have sales forces who are tech-

nically trained and can ‘speak

the language’ of project engi-

neers. This will open new doors

for our engineering graduates in

terms of career choices.”

The balance of the Schultz

gift will be used to fund an

undergraduate scholarship in

the College of Education for

upper-class elementary educa-

tion majors who demonstrate

financial need.

“Iowa State was an excellent

place to learn and grow,” said

Jim Schultz. “We are pleased to

continue that tradition by giv-

ing back to help others.”

“We were each challenged

to do our best and succeed,”

said Debbie. “It’s important for

us to replenish the many

opportunities given to us.”

To fully fund the Trane Sales

Chair, $1.5 million in private

support will need to be raised.

The Schultz gift is the first of

many more to make this posi-

tion a reality.

In other engineering gift

news, a close corporate partner

has recently committed

$300,000 that is split between

two of the college’s top priorities.

Rockwell Collins’ gift will

help fund renovations at

Coover Hall and create the

Rockwell Women in

Engineering Scholarship.

“It’s important for us to work

to attract more women to study

in the numerous fields of engi-

neering,” said Melsa. “This sup-

port from Rockwell Collins is a

critical portion of that effort.”

Currently, only about 20

percent of the college’s under-

graduate students are women,

and Iowa State is committed to

seeing that percentage increase.

The estate of Cleo Cowell

(ENG ’32) recently gave

$750,000 to fund graduate

education in engineering. The

Cleo Cowell Scholarship will

initiate seven to eight new

graduate fellowships each year

– about a 25 percent increase

over what’s currently offered.

“This money will signifi-

cantly improve our ability to

attract and retain the best and

brightest graduate students at

the college, and is a great boost

to our ‘Reach for the Top’ effort

that works toward our goal of

being a Top 20 institution in

regard to graduate education

and research,” said Melsa. t

Engineering’s Success Continues to “Reach for the Top”

College of Engineering graduate assistant Minda Huebner works on a researchproject in an engineering laboratory. In an effort to attract more women tostudy in various engineering fields, Rockwell Collins has provided support tocreate the Rockwell Women in Engineering Scholarship.

10 11

While dietary sup-plements havebecome one of

the fastest growingretail segments in theU.S., it’s often difficultfor consumers toknow what to believeabout specific prod-ucts they use. A jointresearch projectbetween ISU and theUniversity of Iowa isexamining the benefitsof two of the mostpopular herbs in theU.S., and it’s recentlyreceived a boost froman interested alumna’sfoundation.

At the new Center for Research

on Dietary Botanical Supple-

ments, scientists from an array

of disciplines are focusing their

research on Echinacea and

Hypericum (St. John’s Wort).

To help advance this

research, ISU alumna Lura

Merrill Lovell (FCS ’51), has

taken her interest in integrated

medicine and, through the

David C. and Lura M. Lovell

Foundation, created the Lura

M. Lovell Faculty Fellowship,

which will ensure continued

research and education about

botanical supplements.

“Many compounds in these

supplements have not been

well identified,” said Dr. Diane

Birt, the center’s director. “Our

research focuses on identifying

the compounds that may have

the greatest health benefit.”

“The Lovell Foundation is

very involved in the advance-

ment of Integrative Medicine,”

said Lovell. “Since the use of

herbal remedies is one of the

alternative therapies used

widely in this country, the

foundation is excited to have

an opportunity to learn more

about the herbs being studied

at Iowa State.”

“Having funding for initiat-

ing an outreach program from

the Lovell fellowship will

certainly help position our

center to attract additional

funding from other sources,”

said Birt, “and also help us

attract a current faculty mem-

ber to put more emphasis on

this important topic.” t

Faculty Fellowship for Botanical Research Created

Diane Birt Ph.D. is the director of the Center for Research on Dietary BotanicalSupplements. The center’s research focuses on the nutritional value of Echinaceaand St. John’s Wort.

Lura Merrill Lovell (FCS ’51)

Several recent giftsto the College ofEngineering are

helping students andfaculty in variousareas of study.

Jim (ENG ’70) and Deborah

Zack (EDU ’70) Schultz have

pledged $100,000 to their

respective colleges, with

$75,000 committed to help

fund the Trane Sales Chair in

Engineering.

“This chair will greatly

improve the ability of our

students to pursue careers in

technical sales,” said Dean

James Melsa. “It’s increasingly

important for companies to

have sales forces who are tech-

nically trained and can ‘speak

the language’ of project engi-

neers. This will open new doors

for our engineering graduates in

terms of career choices.”

The balance of the Schultz

gift will be used to fund an

undergraduate scholarship in

the College of Education for

upper-class elementary educa-

tion majors who demonstrate

financial need.

“Iowa State was an excellent

place to learn and grow,” said

Jim Schultz. “We are pleased to

continue that tradition by giv-

ing back to help others.”

“We were each challenged

to do our best and succeed,”

said Debbie. “It’s important for

us to replenish the many

opportunities given to us.”

To fully fund the Trane Sales

Chair, $1.5 million in private

support will need to be raised.

The Schultz gift is the first of

many more to make this posi-

tion a reality.

In other engineering gift

news, a close corporate partner

has recently committed

$300,000 that is split between

two of the college’s top priorities.

Rockwell Collins’ gift will

help fund renovations at

Coover Hall and create the

Rockwell Women in

Engineering Scholarship.

“It’s important for us to work

to attract more women to study

in the numerous fields of engi-

neering,” said Melsa. “This sup-

port from Rockwell Collins is a

critical portion of that effort.”

Currently, only about 20

percent of the college’s under-

graduate students are women,

and Iowa State is committed to

seeing that percentage increase.

The estate of Cleo Cowell

(ENG ’32) recently gave

$750,000 to fund graduate

education in engineering. The

Cleo Cowell Scholarship will

initiate seven to eight new

graduate fellowships each year

– about a 25 percent increase

over what’s currently offered.

“This money will signifi-

cantly improve our ability to

attract and retain the best and

brightest graduate students at

the college, and is a great boost

to our ‘Reach for the Top’ effort

that works toward our goal of

being a Top 20 institution in

regard to graduate education

and research,” said Melsa. t

Engineering’s Success Continues to “Reach for the Top”

College of Engineering graduate assistant Minda Huebner works on a researchproject in an engineering laboratory. In an effort to attract more women tostudy in various engineering fields, Rockwell Collins has provided support tocreate the Rockwell Women in Engineering Scholarship.

10 11

Athletic Program Benefits from New Indoor Facility

Iowa State Universityis committed to providing student

athletes the best possible environmentin which they can succeed. The newSteve and DebbieBergstrom IndoorTraining Facility will go a long way toenhance that environ-ment. The 92,000-square-foot facilityopened in mid-Marchand will be formallydedicated this fall.

The building includes a state

of the art 120-yard indoor field

that can be used for football,

soccer and other sports for

practice, training and condi-

tioning. The new venue will

also be used in the future to

host other events.

“It’s a benefit for the entire

athletic department,” said

Bruce Van De Velde, ISU’s

director of athletics. “It will

certainly assist head football

coach Dan McCarney and our

other coaches while recruiting

student athletes nationally.”

Funding for this project was

accomplished entirely through

private gifts. A total of $9 mil-

lion was raised — yet another

example of the loyal support

that alumni and friends have

for ISU and its intercollegiate

athletics program. The lead

donors are Steve (Industrial

Administration ‘79) and Debbie

Bergstrom of Kingwood, TX.

The Bergstroms are longtime

members of the National

Cyclone Club and the ISU

Alumni Association. Steve is

an ISU Foundation governor

and member of the College of

Business Dean’s Advisory

Council.

“Debbie and I are pleased to

be able to give back to Iowa

State for a project that will help

Dan McCarney take Cyclone

football to even higher levels,”

Steve said. “This facility will

benefit all student athletes for

years to come, and we are glad

to be a part of it.” t

Steve and Debbie Bergstrom

The computer science

department will benefit from

Dr. Nguyen’s generosity in sev-

eral ways. A significant portion

of his gift will provide general

support for the department,

and two new programs have

been created to honor former

faculty member Dr. Robert

Stewart.

The Dr. Robert Stewart

Distinguished Lectureship will

allow ISU to bring in distin-

guished speakers in the field

of computer sciences, and the

Dr. Robert Stewart Early

Research Recognition Awards

will be available to graduate

students in the department.

Stewart was chair of the com-

puter science department

while Dr. Nguyen was com-

pleting his degree.

Another compo-

nent of Dr. Nguyen’s

gift recognizes

another of his men-

tors in an area unre-

lated to computer

sciences. The Wayne

and Eleanor

Ostendorf Farm

House Museum

Graduate Assistant-

ship will provide

student support at

the museum while

honoring the man

who was Dr. Nguyen’s advisor.

“I have great respect and

admiration for both of these

individuals,” said Dr. Nguyen.

“They each played an impor-

tant role in my doctoral stud-

ies, and I am greatly indebted

to each of them. In addition,

getting an education in the

U.S., especially at ISU, is a

wonderful thing, despite the

language and cultural barriers,

because of the exposure to a

dynamic, entrepreneurial, and

free society.”

“It is highly rewarding to

see a wonderful person like

Long think so highly of his

Iowa State education that he

would act so generously,” said

Wayne Ostendorf. “We are

thankful and honored by his

generous gift as a reflection on

our time together.”

“We are very thankful to

Dr. Long Nguyen for his won-

derful scholarship gift to the

Farm House Museum,” said

Eleanor Ostendorf. “His gen-

erosity will greatly enhance the

quality and use of the museum

for future generations.” t

Nguyen Gifts Benefit Computer Science, Museums

The computerscience departmentwill benefit from

Dr. Nguyen’sgenerosity inseveral ways.

Aformer graduate student is very appreciative ofthe generosity of the people and state of Iowafor providing him with a first-class education.

During his years at ISU, two faculty members hadsuch a profound impact on his life and career, hehas chosen to honor them through endowed giftstotaling $350,000. Nearly 30 years after receivinghis Ph.D. in computer science, Dr. Long Nguyen(LAS ’75) has chosen to support the computer science department and university museums.

Dr. Long Nguyen

12 13

Athletic Program Benefits from New Indoor Facility

Iowa State Universityis committed to providing student

athletes the best possible environmentin which they can succeed. The newSteve and DebbieBergstrom IndoorTraining Facility will go a long way toenhance that environ-ment. The 92,000-square-foot facilityopened in mid-Marchand will be formallydedicated this fall.

The building includes a state

of the art 120-yard indoor field

that can be used for football,

soccer and other sports for

practice, training and condi-

tioning. The new venue will

also be used in the future to

host other events.

“It’s a benefit for the entire

athletic department,” said

Bruce Van De Velde, ISU’s

director of athletics. “It will

certainly assist head football

coach Dan McCarney and our

other coaches while recruiting

student athletes nationally.”

Funding for this project was

accomplished entirely through

private gifts. A total of $9 mil-

lion was raised — yet another

example of the loyal support

that alumni and friends have

for ISU and its intercollegiate

athletics program. The lead

donors are Steve (Industrial

Administration ‘79) and Debbie

Bergstrom of Kingwood, TX.

The Bergstroms are longtime

members of the National

Cyclone Club and the ISU

Alumni Association. Steve is

an ISU Foundation governor

and member of the College of

Business Dean’s Advisory

Council.

“Debbie and I are pleased to

be able to give back to Iowa

State for a project that will help

Dan McCarney take Cyclone

football to even higher levels,”

Steve said. “This facility will

benefit all student athletes for

years to come, and we are glad

to be a part of it.” t

Steve and Debbie Bergstrom

The computer science

department will benefit from

Dr. Nguyen’s generosity in sev-

eral ways. A significant portion

of his gift will provide general

support for the department,

and two new programs have

been created to honor former

faculty member Dr. Robert

Stewart.

The Dr. Robert Stewart

Distinguished Lectureship will

allow ISU to bring in distin-

guished speakers in the field

of computer sciences, and the

Dr. Robert Stewart Early

Research Recognition Awards

will be available to graduate

students in the department.

Stewart was chair of the com-

puter science department

while Dr. Nguyen was com-

pleting his degree.

Another compo-

nent of Dr. Nguyen’s

gift recognizes

another of his men-

tors in an area unre-

lated to computer

sciences. The Wayne

and Eleanor

Ostendorf Farm

House Museum

Graduate Assistant-

ship will provide

student support at

the museum while

honoring the man

who was Dr. Nguyen’s advisor.

“I have great respect and

admiration for both of these

individuals,” said Dr. Nguyen.

“They each played an impor-

tant role in my doctoral stud-

ies, and I am greatly indebted

to each of them. In addition,

getting an education in the

U.S., especially at ISU, is a

wonderful thing, despite the

language and cultural barriers,

because of the exposure to a

dynamic, entrepreneurial, and

free society.”

“It is highly rewarding to

see a wonderful person like

Long think so highly of his

Iowa State education that he

would act so generously,” said

Wayne Ostendorf. “We are

thankful and honored by his

generous gift as a reflection on

our time together.”

“We are very thankful to

Dr. Long Nguyen for his won-

derful scholarship gift to the

Farm House Museum,” said

Eleanor Ostendorf. “His gen-

erosity will greatly enhance the

quality and use of the museum

for future generations.” t

Nguyen Gifts Benefit Computer Science, Museums

The computerscience departmentwill benefit from

Dr. Nguyen’sgenerosity inseveral ways.

Aformer graduate student is very appreciative ofthe generosity of the people and state of Iowafor providing him with a first-class education.

During his years at ISU, two faculty members hadsuch a profound impact on his life and career, hehas chosen to honor them through endowed giftstotaling $350,000. Nearly 30 years after receivinghis Ph.D. in computer science, Dr. Long Nguyen(LAS ’75) has chosen to support the computer science department and university museums.

Dr. Long Nguyen

12 13

Last fall, the College of Veteri-nary Medicine

announced plans toraise $7 million in private support to helprenovate and expandthe Veterinary Teach-ing Hospital. Eugeneand Linda Lloyd fromFort Myers, FLstepped forward andmade a lead gift of$3.5 million to spear-head this project.

Gene graduated with two

degrees from the college — a

DVM in 1949 and a Ph.D. in

1970. He is founder and cur-

rently chairman and CEO of

Lloyd Inc., a company in

Shenandoah, IA that develops

and manufactures pharmaceu-

tical and nutritional products

for animals and humans,

which are distributed through

veterinarians and druggists.

“We wanted to help establish

the hospital as a premier envi-

ronment for the study and

practice of modern veterinary

medicine,” Gene said. “I bene-

fited so much from my experi-

ence at ISU, and now I hope

we will be able to enrich the

lives and careers of future stu-

dents and for animal owners.”

The renovation and expan-

sion project will significantly

update the facilities that are

now more than 25 years old.

It will also allow the college to

implement innovative learning

opportunities and cutting-edge

patient services. “This astonish-

ing gift enables us to bring

together all those new creative

people and programs that have

developed over the last decade

into a real academic renais-

sance,” said Dean Norman

Cheveille. “Students and

patients will be the ultimate

beneficiaries of this gift. We are

grateful to the generosity of

Linda and Gene Lloyd.” t

$3.5 Million Gift for Vet MedTeaching Hospital

Eugene and Linda Lloyd

Although the“Investing inPeople” initiative

was completed lastfall, Iowa Stateremains committed tofinding more privatesupport for faculty andstudents. Two 1971alums have pledgedtheir support to benefitISU both now and inthe future.

David (BUS ’71) and Ellen

March (FCS ’71) Raisbeck

have made a pledge commit-

ment in support of the College

of Business that will be recog-

nized by naming the Career

Services Center in their honor.

As part of their commitment,

the Raisbeck’s will also create

the Raisbeck Professorship

which, through a provision in

their wills, will ultimately

become an endowed chair in

the College of Business when

their estate is realized.

“Ellen and I feel very strong-

ly that ISU continues to be a

fine institution,” said Dave, an

industrial administration major.

“We’re pleased to be giving

back to the university that

made so much possible for

both of us.”

“We are very proud to

display the Raisbeck name on

the career services center in the

new Gerdin Business Building,”

said Dean Labh Hira. “And we

are grateful that the College of

Business will one day have a

faculty member serving as the

Raisbeck Chair in Business.

This gift from Dave and Ellen

will greatly help us enhance the

quality of our programs.”

“This is some very creative

thinking on the part of the

Raisbecks,” said Larissa

Holtmyer Jones, the founda-

tion’s senior director of gift

planning and leadership gifts.

“Rather than waiting for their

estate to be realized, they were

able and willing to structure

their gift so a portion of it will

benefit the college immediately.”

Although he studied at ISU

when there was no dedicated

business college, Dave is active-

ly involved in the college’s

affairs. A Vice Chairman of

Cargill, Inc., he serves on the

dean’s advisory council. From

this vantage point, he contin-

ues to be impressed by the

quality of programs offered to

today’s ISU business students.

“One thing that continues to

impress me is the practical

nature of the business educa-

tion experience at the college,”

he said. “This is incredibly

important for companies look-

ing for employees, and we’re

excited that the college now

has professional recruiting

facilities in the new Gerdin

Business Building.

“The College of Business

needs to be like a living organ-

ism, vibrant, flexible and for-

ward looking, able to change

with the times. To do this, it

must be proactive in anticipat-

ing the new world of business

and resultant needs for the edu-

cational process. Thus through

the faculty endowment and the

Raisbeck Career Services

Center, we hope to help perpet-

uate and strengthen business

education at ISU,” he said. t

Raisbecks Support Businessat Iowa State

The Raisbeck Career Services Center in the new Gerdin Business Building.

David and Ellen Raisbeck

Alyssa Blomberg (class of 2003) with one of her patients.

14 15

Last fall, the College of Veteri-nary Medicine

announced plans toraise $7 million in private support to helprenovate and expandthe Veterinary Teach-ing Hospital. Eugeneand Linda Lloyd fromFort Myers, FLstepped forward andmade a lead gift of$3.5 million to spear-head this project.

Gene graduated with two

degrees from the college — a

DVM in 1949 and a Ph.D. in

1970. He is founder and cur-

rently chairman and CEO of

Lloyd Inc., a company in

Shenandoah, IA that develops

and manufactures pharmaceu-

tical and nutritional products

for animals and humans,

which are distributed through

veterinarians and druggists.

“We wanted to help establish

the hospital as a premier envi-

ronment for the study and

practice of modern veterinary

medicine,” Gene said. “I bene-

fited so much from my experi-

ence at ISU, and now I hope

we will be able to enrich the

lives and careers of future stu-

dents and for animal owners.”

The renovation and expan-

sion project will significantly

update the facilities that are

now more than 25 years old.

It will also allow the college to

implement innovative learning

opportunities and cutting-edge

patient services. “This astonish-

ing gift enables us to bring

together all those new creative

people and programs that have

developed over the last decade

into a real academic renais-

sance,” said Dean Norman

Cheveille. “Students and

patients will be the ultimate

beneficiaries of this gift. We are

grateful to the generosity of

Linda and Gene Lloyd.” t

$3.5 Million Gift for Vet MedTeaching Hospital

Eugene and Linda Lloyd

Although the“Investing inPeople” initiative

was completed lastfall, Iowa Stateremains committed tofinding more privatesupport for faculty andstudents. Two 1971alums have pledgedtheir support to benefitISU both now and inthe future.

David (BUS ’71) and Ellen

March (FCS ’71) Raisbeck

have made a pledge commit-

ment in support of the College

of Business that will be recog-

nized by naming the Career

Services Center in their honor.

As part of their commitment,

the Raisbeck’s will also create

the Raisbeck Professorship

which, through a provision in

their wills, will ultimately

become an endowed chair in

the College of Business when

their estate is realized.

“Ellen and I feel very strong-

ly that ISU continues to be a

fine institution,” said Dave, an

industrial administration major.

“We’re pleased to be giving

back to the university that

made so much possible for

both of us.”

“We are very proud to

display the Raisbeck name on

the career services center in the

new Gerdin Business Building,”

said Dean Labh Hira. “And we

are grateful that the College of

Business will one day have a

faculty member serving as the

Raisbeck Chair in Business.

This gift from Dave and Ellen

will greatly help us enhance the

quality of our programs.”

“This is some very creative

thinking on the part of the

Raisbecks,” said Larissa

Holtmyer Jones, the founda-

tion’s senior director of gift

planning and leadership gifts.

“Rather than waiting for their

estate to be realized, they were

able and willing to structure

their gift so a portion of it will

benefit the college immediately.”

Although he studied at ISU

when there was no dedicated

business college, Dave is active-

ly involved in the college’s

affairs. A Vice Chairman of

Cargill, Inc., he serves on the

dean’s advisory council. From

this vantage point, he contin-

ues to be impressed by the

quality of programs offered to

today’s ISU business students.

“One thing that continues to

impress me is the practical

nature of the business educa-

tion experience at the college,”

he said. “This is incredibly

important for companies look-

ing for employees, and we’re

excited that the college now

has professional recruiting

facilities in the new Gerdin

Business Building.

“The College of Business

needs to be like a living organ-

ism, vibrant, flexible and for-

ward looking, able to change

with the times. To do this, it

must be proactive in anticipat-

ing the new world of business

and resultant needs for the edu-

cational process. Thus through

the faculty endowment and the

Raisbeck Career Services

Center, we hope to help perpet-

uate and strengthen business

education at ISU,” he said. t

Raisbecks Support Businessat Iowa State

The Raisbeck Career Services Center in the new Gerdin Business Building.

David and Ellen Raisbeck

Alyssa Blomberg (class of 2003) with one of her patients.

14 15

92,OOO

$8 million

Know yournumbers

1.12.04

$2,469,014

1,143

97%

48,296

1

The number of square feet in the newSteve and Debbie Bergstrom Indoor Training Facility —

a $9 million project funded entirely by private gifts.

The current value of an estate gift from George L. Irvine (Eng. ‘30)that will provide general support for the department of

electrical and computer engineering.

The first day of class for students in the new Gerdin Business Building — part of the Gerdin Challenge

which raised more than $35 million in private support.

Amount of money raised through the ISU Foundation’sPhoneCenter in FY04 (as of 4/30/04) — a 25% increase

from this same time in FY03.

The percent of money raised that is designated by donors to support specific programs at ISU (3%

of dollars are designated to area of greatest need).

The current number of documented will commitments/bequests made by living donors for future support of ISU.

The number of donors who have given gifts to support ISU in FY04 (as of 4/30/04) — compared to 40,818

at this same time in FY03.

The number of benefactors it takes to make a difference at Iowa State University.

Order of the Knoll Award Winners

“One of Iowa State Univer-

sity’s greatest assets is its family

of alumni and friends—people

who have honored the universi-

ty through their significant con-

tributions to our nation and

world, and people who have

given very generously of their

time, talents and resources to

help Iowa State in virtually

everything we do,” Geoffroy

said. “Our new Distinguished

Awards Ceremony gives us the

opportunity to appropriately

recognize these contributions

with the presentation of the

university’s highest awards to

our alumni and friends.”

The 2003 Order of the Knoll

award winners include:

Al and Ann Jennings — Al and

Ann received the Campanile

Award which recognizes indi-

viduals who demonstrate loyal-

ty and commitment to ISU and

its future by making a leader-

ship-level gift and providing

significant service to the univer-

sity. The couple lives in

Des Moines, IA.

Richard Stanley — Richard

received the Cardinal and Gold

Award which honors individu-

als who provide comprehensive,

long-term service to ISU and

the foundation by demonstrat-

ing creative leadership, utilizing

expertise in university and

foundation affairs and devoting

time and energy to the com-

munity and other nonprofit

organizations. Richard lives

in Muscatine, IA.

Square D Corporation — The

Square D Corporation received

the Corporate and Foundation

Award that recognizes organ-

izations which demonstrate

outstanding generosity to Iowa

State through leadership-level

financial commitments, provide

equipment or other gifts-in-

kind, serve in a campaign lead-

ership role, provide corporate

representation on college

advisory committees and offer

internships and/or support

faculty research. Square D is

located in Palatine, IL. t

(L to R) Gregory Geoffroy, president of Iowa State University; Richard Stanley, Cardinal and Gold Award recipient; Chris Richardson, representing Square D Corporation, Corporate and Foundation Award recipient; Ann and Al Jennings,Campanile Award recipient; and Dan Saftig, president of the Iowa State University Foundation.

Each year the Iowa State University Foundationgovernors recognize individuals and corpora-tions whose contributions have made a signifi-

cant difference at Iowa State. The Order of the Knollaward is the highest honor a donor can receive fromthe foundation. Four award winners were honoredat a special event on April 17 hosted by Iowa StatePresident Gregory Geoffroy. The DistinguishedAwards Ceremony was established this year tohonor award recipients from the ISU Foundationand ISU Alumni Association. In previous years,each organization held separate ceremonies.

16

92,OOO

$8 million

Know yournumbers

1.12.04

$2,469,014

1,143

97%

48,296

1

The number of square feet in the newSteve and Debbie Bergstrom Indoor Training Facility —

a $9 million project funded entirely by private gifts.

The current value of an estate gift from George L. Irvine (Eng. ‘30)that will provide general support for the department of

electrical and computer engineering.

The first day of class for students in the new Gerdin Business Building — part of the Gerdin Challenge

which raised more than $35 million in private support.

Amount of money raised through the ISU Foundation’sPhoneCenter in FY04 (as of 4/30/04) — a 25% increase

from this same time in FY03.

The percent of money raised that is designated by donors to support specific programs at ISU (3%

of dollars are designated to area of greatest need).

The current number of documented will commitments/bequests made by living donors for future support of ISU.

The number of donors who have given gifts to support ISU in FY04 (as of 4/30/04) — compared to 40,818

at this same time in FY03.

The number of benefactors it takes to make a difference at Iowa State University.

Order of the Knoll Award Winners

“One of Iowa State Univer-

sity’s greatest assets is its family

of alumni and friends—people

who have honored the universi-

ty through their significant con-

tributions to our nation and

world, and people who have

given very generously of their

time, talents and resources to

help Iowa State in virtually

everything we do,” Geoffroy

said. “Our new Distinguished

Awards Ceremony gives us the

opportunity to appropriately

recognize these contributions

with the presentation of the

university’s highest awards to

our alumni and friends.”

The 2003 Order of the Knoll

award winners include:

Al and Ann Jennings — Al and

Ann received the Campanile

Award which recognizes indi-

viduals who demonstrate loyal-

ty and commitment to ISU and

its future by making a leader-

ship-level gift and providing

significant service to the univer-

sity. The couple lives in

Des Moines, IA.

Richard Stanley — Richard

received the Cardinal and Gold

Award which honors individu-

als who provide comprehensive,

long-term service to ISU and

the foundation by demonstrat-

ing creative leadership, utilizing

expertise in university and

foundation affairs and devoting

time and energy to the com-

munity and other nonprofit

organizations. Richard lives

in Muscatine, IA.

Square D Corporation — The

Square D Corporation received

the Corporate and Foundation

Award that recognizes organ-

izations which demonstrate

outstanding generosity to Iowa

State through leadership-level

financial commitments, provide

equipment or other gifts-in-

kind, serve in a campaign lead-

ership role, provide corporate

representation on college

advisory committees and offer

internships and/or support

faculty research. Square D is

located in Palatine, IL. t

(L to R) Gregory Geoffroy, president of Iowa State University; Richard Stanley, Cardinal and Gold Award recipient; Chris Richardson, representing Square D Corporation, Corporate and Foundation Award recipient; Ann and Al Jennings,Campanile Award recipient; and Dan Saftig, president of the Iowa State University Foundation.

Each year the Iowa State University Foundationgovernors recognize individuals and corpora-tions whose contributions have made a signifi-

cant difference at Iowa State. The Order of the Knollaward is the highest honor a donor can receive fromthe foundation. Four award winners were honoredat a special event on April 17 hosted by Iowa StatePresident Gregory Geoffroy. The DistinguishedAwards Ceremony was established this year tohonor award recipients from the ISU Foundationand ISU Alumni Association. In previous years,each organization held separate ceremonies.

16

NonprofitOrganizationU.S. Postage

PAIDAmes, Iowa

Permit No. 130

Iowa State University Foundation2505 Elwood DriveAmes, IA 50010-8644

RETURN SERVICE REQUESTED

“YOUR GIFTS MAKE IOWA STATE GREAT“ERIC SMITHAnimal Science – St. Anthony, Iowa

Planned gifts create numerous opportunities for ISU students and faculty. Whether you support

student scholarships like the one Eric receives, faculty positions or an area of specific interest to

you, a planned gift can touch countless lives of future Iowa Staters. Through planned giving, your

legacy will continue Iowa State University’s traditions of excellence for generations.

To learn more on how your estate can touchthe lives of ISU students or faculty, call theISU Foundation at 1-800-621-8515 or visit us at www.foundation.iastate.edu.

“Being one of five siblings raised on a livestock

farm, I learned very quickly the importance of

responsibility, and that paying for college was one

of those. My scholarship allows me to concentrate

on my main responsibility here at Iowa State –

my studies.”