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FOR FRIENDS OF THE IOWA STATE UNIVERSITY FOUNDATION FALL 2008

Connections Magazine - Fall 2008

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For Friends of the Iowa State University Foundation

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F O R F R I E N D S O F T H E I O W A S T A T E U N I V E R S I T Y F O U N D A T I O N

F A L L 2 0 0 8

Connections is published two times per year by the Iowa State

University Foundation — a private, non-profit corporation dedicated

to securing and stewarding private gifts and grants that benefit

Iowa State University. This magazine serves as a link between Iowa

State and benefactors who support the university. You are receiving

this publication as an important member of the Iowa State family.

We welcome your comments, suggestions and questions.

Iowa State University Foundation2505 University Boulevard | P.O. Box 2230Ames, Iowa 50010-2230Phone: 515.294.4607Toll-free: 866.419.6768Web: www.withprideandpurpose.orgE-mail: [email protected]

IOWA STATE UNIVERSITY FOUNDATION

Board of Directors 2008–09David W. Van Wert, ChairSun City West, Arizona

Steven T. Schuler, Vice ChairUrbandale, Iowa

Marla Franklin, TreasurerDes Moines, Iowa

James P. Stein, SecretaryMuscatine, Iowa

Lyle P. CampbellParadise Valley, Arizona

Gregory L. GeoffroyAmes, Iowa

Cara K. HeidenUrbandale, Iowa

Rudolf HerrmannTulsa, Oklahoma

Sharon L. JuonWaterloo, Iowa

Daniel KriegerAmes, Iowa

Len RodmanOlathe, Kansas

Sheryl K. SundermanDallas, Texas

Roger C. UnderwoodAmes, Iowa

Marvin J. WalterAmes, Iowa

Stephen L. WatsonSouth Natick, Massachusetts

Senior Management TeamDaniel P. SaftigPresident

Rich BundyVice President for Development

Lisa EslingerVice President of Finance

Larissa Holtmyer JonesVice President for Development

Kevin StowAssistant Vice President of Human Resources and Governance

F A L L 2 0 0 8

The Iowa State University Foundation does not discriminate on the basis of race, color, age, religion, national origin, actual or perceived sexual orientation, gender identity, sex, marital status, disability, or status as a U.S. veteran. Any persons having inquiries concerning this may contact human resources, Iowa State Foundation, 515-294-4607.

FOR FRIENDS OF THE IOWA STATE UNIVERSITY FOUNDATION

On the CoverPrivate support plays an important role in the lives of countless Iowa State University students including marketing major Rebecca Bossow. The junior from Spencer, Iowa, is is scholarship recipient from both the Hixon Opportunity Award Program and the Roy J. Carver Scholarship Program. “Iowa State was the perfect school for me to attend and the scholarships I have received have made my dream a reality.”

One Of the privileges of my position is meeting and getting to know hun-dreds of Iowa Staters from across the country. Often, I’m fortunate to learn their life stories — their upbringing, early work, mentors, careers and families and, with the advantage of age and wisdom, their thoughts about a fulfilling life.

The stories are as varied as people in the world. But common to each is a deep pride in having Iowa roots and gratitude for their experiences at Iowa State University (or Iowa State College).

Connections captures a hand-ful of such stories in each issue and we’re pleased to present them to

you. I think you’ll enjoy learning the backgrounds and accomplishments of each, their strong personal con-nections with their alma mater, and how their financial support of Iowa State has brought them deeper fulfill-ment in life.

And speaking of support, this is-sue includes the Iowa State Founda-tion’s annual report to you and the more than 53,000 donors who sup-ported over 1,600 different funds this past academic year. A significant highlight of Iowa State’s 150th cel-ebration was the record level of pri-vate giving — $135 million in gifts and commitments during the period from June 1, 2007, to June 30, 2008.

We are grateful for your vote of confidence. The impact of your gen-erosity on the Iowa State experience is felt by thousands of students, fac-ulty and staff each and every day. And as they do their work of study, discovery, application and service, the impact of your support extends outward across Iowa and indeed, throughout the world.

Yours truly,

Daniel p. saftig

presiDent iOwa state University fOUnDatiOn

Stories of Iowa State

1FALL 2008

2 CONNECTIONS

“If it had not been for Iowa State, the Hach Chemical Company would have never been,” said Kitty. “Our whole life was chemistry. Clifford loved chemistry so much, and he was so grateful to Iowa State and all of the university’s contributions to his education and career.”

Kitty and Clifford were a powerful team in the chemical sciences indus-try, and they met at Iowa State. Kitty was an Iowa State sophomore study-ing home economics when she first met Clifford. They hit it off immedi-ately and were married a year and a half later. “I took an economics exam the morning of our wedding and I got a B. I was really amazed but I still re-member that very clearly,” said Kitty.

Known as an ardent chemistry student at Iowa State, one of Clif-ford’s professors presented him with an unexplored opportunity. He was introduced to a substance called en-

thylenediaminetetraacetate (EDTA). Without any known uses in indus-try, Clifford had an inspired idea to use EDTA in a product that tested the hardness of water. It would later be-came their company’s first product.

“That professor gave us our big break,” said Kitty (liberal studies B.S. ’07). “I know many of Clifford’s pro-fessors thought of him as a star stu-dent and had a lot of respect for his analytical abilities. Clifford always felt a lot of gratitude to Iowa State for what turned out to be life-changing opportunities.”

In 1947, the couple founded the Hach Chemical Company. Clifford handled the chemistry side and Kitty managed the business and marketing aspects — making them a highly suc-cessful team. As they worked to in-crease visibility of the company and its products, Kitty, a licensed pilot, would fly her own plane around

Hach Support Makes New Chemistry Building a Reality

For more than 50 years,

Kathryn “Kitty” Hach

Darrow and her late

husband, Clifford, owned

the Hach Chemical

Company, one of the most

successful chemical

companies in the world.

With a recent $10 million

pledge to the chemical

sciences facility at Iowa

State, Kitty is giving back

to the university where

she says it all began.

3FALL 2008

their foundation. Clifford passed away in 1990 and nine years later, Kitty sold the Hach Chemical Com-pany. Today, she’s semiretired and married to Don Darrow, a retired American Airlines captain. Kitty can often be found at the golf course — with her clubs donning Cyclone head covers — or spending time with her family and friends. Serving as the CEO of the Hach Scientific Foun-dation, she still works diligently to advance her family’s philanthropic goals and continue Clifford’s legacy.

“Supporting chemistry students

and faculty has always been impor-tant to us,” said Kitty.

“We have two scholarships at Iowa State set up in Clifford’s honor and when I learned about the new chemical sciences building at Iowa State, I was really excited. Iowa State is one of the most outstanding chem-istry universities in the United States and I wanted be a part of it.”

With Kitty’s recent $10 million

the country to meet with customers.“We went to every state meeting

with clients and attended conven-tions. Eventually our company had its own pilots and planes, but I flew for 50 years and had 7,000 hours,” said Kitty.

As the company grew, so did their family. Over the years, the cou-ple had three children; a daughter, Mary; and two sons, Bruce and Paul. With an expanding household and a booming business, the Hachs began looking for ways to support rising young chemists.

“Clifford was so anxious to help young people wanting to earn a bachelor’s degree in chemistry,” said Kitty. “We started the Hach Scientific Foundation to provide students with scholarships. After many years and branching out to several schools, we had helped 441 students graduate. We were thrilled.”

The Hach family experienced much success in business and with

pledge, the chemistry facility project at Iowa State was set in motion. The groundbreaking was held on Sept. 6 for the three-story, 135,000-square-foot building which will be the new-est Department of Chemistry facility on campus. The construction has an estimated completion date of 2010 and will be aptly named Hach Hall.

“This gift will help us recruit and retain the best faculty and students and provide essential infrastructure to perform cutting-edge research,” said Jacob Petrich, professor and chair of the department. “It’s also

an honor for us to have the facility’s name associated with the Hach fam-ily. Clifford Hach and Kathryn Hach Darrow are beacons of inspiration who have shown what hard work and dedication can accomplish.”

“It’s very exciting for our fam-ily,” explained Kitty. “It’s thrilling for sure. I’m humbled and proud to be able to do it.”

4 CONNECTIONS

“We went to every state meeting with clients and attended conventions. Eventually our company had its own pilots and planes, but I flew for 50 years and had 7,000 hours.”Kathryn Hach Darrow

5FALL 2008

Clifford Hach, circa 1940

6 CONNECTIONS

acaDemic excellence has always been an important com-ponent of Bob and Mary Baumann’s work and family life. Now a distinguished professor emeritus of the College of Engineering, E. Robert (Bob) Baumann spent his entire 38-year career at Iowa State. His professorship in the De-partment of Civil, Construction and Environmental Engi-neering led him to outstanding research and service in the field of environmental engineering within the university and around the world. He earned a B.S.E. degree in civil engineering at the University of Michigan and B.S., M.S. and Ph.D. degrees in sanitary engineering from the Uni-versity of Illinois.

Bob and Mary have always been quick to recognize those faculty and family members who have supported them personally and collaborated with them professional-ly. Recently, they took steps to specifically honor a num-ber of groups and individuals who have made a positive impact on their lives.

With remarkable generosity and thoughtfulness, the Baumanns have established five scholarships and one pro-fessorship in the areas of psychology, environmental engi-neering, music and political science. “We wanted to give back to Iowa State in the same way Iowa State and the city of Ames have given to us,” said Bob. “After taking care of our children, we wanted to make contributions that would impact Iowa State and its students and faculty for many years to come.”

The couple has made bequests which will have signifi-cant impact on several very important areas of the uni-versity:

The Dr. Robert R. and Alma Schumacher Massey Schol- �arship Fund for undergraduate students in liberal arts and sciences. Mary’s parents had a lifelong interest in learning, and this scholarship was established to rec-ognize their contributions and interest in helping their children and others complete their educations.The Dr. Philip R. Baumann Graduate Scholarship Fund �in Political Science honors the Baumanns’ son, Philip. He received B.S. and M.S. degrees in political science

from Iowa State and went on to complete another M.S. and a Ph.D. degree at Michigan State University. A fac-ulty member and former department chair at Minne-sota State University in Moorhead, Philip continues to pursue a lifelong interest in political science.The Betsy L. Baumann Graduate Scholarship Fund for �African-American graduate students pursuing a degree in psychology is named for Bob and Mary’s daughter, Betsy, who has become an exceptional advocate for enhancing the education and research experiences of African-American students. A graduate of Lawrence University in Appleton, Wisc., with a B.S. degree in psychology, Betsy is a research studies project manag-er for the Institute for Social and Behavioral Research in Ames.The Baumann/Cleasby/Dague (BCD) Professorship in �Environmental Engineering is a tribute to three faculty colleagues who were strong leaders in the environmen-tal engineering profession. E. Robert Baumann, John (Jack) Cleasby, and Richard Dague are recognized as pioneers in the emerging environmental engineering field. These faculty members raised the national and international reputation of Iowa State and provided a strong foundation upon which the College of Engi-neering could build.The Mary Massey Baumann Psychology and Music �Scholarship Funds. Mary is a talented musician and accomplished pianist, and her love and support of mu-sic has continued throughout her years in the Ames community. She earned both B.S. and M.S. degrees in psychology from the University of Illinois.The E. Robert Baumann Scholarship Fund for gradu- �ate students in environmental engineering. No profes-sor or group of professors can be successful without capable, eager and well-trained students, and fund-ing for exceptional graduate students is a critical and continuing need. This scholarship recognizes the high standards of award-winning environmental engineer-ing research established at ISU during Bob’s tenure.

R ECOGNIzINGOthers

7FALL 2008

Others “When I joined the civil engineering faculty in 1953 there was only one faculty member and one graduate student at ISU in sanitary engineering,” Bob Baumann recalls. “Our first goal was to add faculty, facilities and funding for graduate students and research. Today, if we can make it easier for students and faculty to move forward in their fields, Mary and I will have fulfilled our goal of creating continuing opportunities for future generations.”

8 CONNECTIONS

A New Center for the “Incredible” Egg!

Kevin Vinchattle and Blair Van Zetten

after lagging behinD for a couple of decades, Iowa once again leads the nation in egg production. Nearly 57 million layers produce 14.25 billion eggs each year — more than twice as many as any other state.

Earlier this year, the Iowa Egg Council (IEC) made a $2 million gift commitment to establish an endowed egg industry program within Iowa State’s College of Agriculture and Life Sciences.

Kevin Vinchattle, Blair Van zetten and Mark Friedow, and the other members of the IEC want to be cer-tain Iowa egg producers retain their number one position within the United States and worldwide.

They believe it is vitally im-portant to explore new uses for eggs and develop new and existing markets. They are also eager to encourage environ-mentally friendly production practices and get the word out about the egg’s nutritional benefits.

“For a number of years, a strong relationship with Iowa State has re-mained a top priority for us,” says Kevin, IEC executive director. “In the late 1980s, Iowa began regaining its egg industry leadership; during the next decade we started working with Iowa State and getting students and faculty in tune with what we were do-ing. What Iowa State does for Iowa’s egg producers benefits everyone.”

“Through all of these ups and downs, Iowa State has remained one of the top universities for poultry,”

says Blair, board chair of IEC and president of Iowa-based Oskaloosa Food Products Corporation. “Re-search done at Iowa State helps con-sumers understand the value of the egg. As the population of the world grows and there are food shortages, we’re teaming up and taking advan-tage of the resources of the state to produce the best product at an eco-nomical price.

“Iowa is very fortunate because of its natural resources,” Blair says. “We take the product from the farm, then put manure back into the land and start the process all over again.”

Research is critical, says Kevin. The key is careful management of re-sources and applying scientific prin-ciples to egg production. “We looked at what we saw happening at Iowa State and we wanted to develop a perpetual source of funding,” he says. “Our goal is to get a $10 million fund in place within the college, so they don’t have to rely sole-ly on government funding. It’s unique that the industry is committing its own money to make this happen.”

“We see a lot of research that needs to be done in egg produc-

tion,” says Mark, IEC board member and administrator for Sparboe Farms in Jefferson, Iowa. “Iowa State can be a center for research, outreach and education for the egg industry. It can be a clearinghouse for research throughout the country, and a re-source for producers, processors and other universities.

“Our objective is to produce a safe, high-quality food product for the consumer,” Mark says, “and Iowa State is critical long-term — not only for the research, but to disseminate information to the public in an orga-nized fashion.”

Through the new center, the IEC also hopes to bolster egg in-dustry profitability and com-petitiveness, and to invest in such areas as developing new egg products, disease diag-nosis, food safety marketing, distribution and positive envi-

ronmental programs.“Iowa State University has a world-

wide reputation, and Iowa is the lead-ing egg producing and processing state,” says Kevin. “It makes perfect sense for us to work together.”

9FALL 2008

“What Iowa State does for Iowa’s egg producers benefits everyone.” Kevin Vinchattle

10 CONNECTIONS

It would be a huge understatement to say that Iowa State University alumnus Owen J. Newlin, has had significant achievements during his career. A highly respected leader in the seed industry, Owen is known as a champion for research and higher education and nothing less than a philanthropic pioneer for Iowa State.

Owen’s relationship with Iowa State spans more than five decades. As a student at ISU he earned two degrees (agronomy B.S. ’51, M.S. ’53) and had the good fortune of meeting his wife of 56 years, D.J. (household equipment B.S. ’53). After earning his doctorate at the University of Minnesota in 1955, he began his career as a research assistant at Pio-neer Hi-Bred International, Inc.

Owen applied his forward think-ing and prudent management skills not only to the agricultural industry, but also to his civic and community interests. A longtime ambassador and advocate for Iowa State, Owen became an ISU Foundation gov-ernor in 1977 and one of the first

11FALL 2008

leaders in fundraising for ISU.“Serving as an ISU Foundation

governor gave me the opportunity to promote private support for Iowa State to a wider audience, which was a relatively new direction, but one which I knew was essential to the future advancement of our univer-sity,” said Owen, retired senior vice president of Pioneer Hi-Bred Inter-national, Inc; a DuPont business. “Iowa State has had a transforma-tional effect on my life and the lives of many others through teaching, research and outreach. Our commit-ment to support ISU’s mission is a top priority for D.J. and me.”

In 1988, Iowa State publicly launched the first comprehensive fundraising campaign in its histo-ry, Partnership for Prominence, with Owen as the chair. That campaign was a trailblazing effort and con-cluded with a total of $214.5 million in private support for Iowa State, which at the time was the 12th larg-est campaign for a public univer-sity. It was a significant milestone and helped position the university

to launch its next campaign three years later. Campaign Destiny: To

Become the Best was an overwhelm-ing success — easily surpassing the $300 million goal with a final total of $458.6 million.

“The success of those two cam-paigns laid the groundwork for the success of our current campaign, Campaign Iowa State,” said Roger Underwood, campaign chair. “Ow-en’s knowledge of the fundraising process has helped give the foun-dation the tools to maximize pri-vate support. He’s been a steadying force as a ISU Foundation Board of Governor for nearly a decade. It’s a pleasure to serve on the executive campaign committee with Owen and I appreciate the experience and wisdom he brings to the team.”

Owen served as a member of the Board of Regents, State of Iowa, for 12 years and eight years as presi-dent. Over the course of his career, Owen has accumulated an impres-sive list of awards and accolades. However, his most recent honor may best represent his role at his

alma mater — the Iowa State Uni-versity True and Valiant Award. The True and Valiant Award is the first-of-its-kind and is reserved for an Iowa State alumnus or alumna who has demonstrated a lifelong com-mitment to the university through distinguished service and achieve-ment. Owen not only encompasses this definition; he has the distinc-tion of being the first recipient.

“Owen Newlin, more than any-one else, embodies the soul of Iowa State University,” said Steven Zum-bach, ISU Foundation governor and Owen’s vice-chair for Partnership for

Prominence. “He’s understated, im-mensely talented and always gives more than expected. Owen is a qui-et and serious man whose integrity and commitment enable him to lead by example and as a result, people follow.”

Owen and D.J. are members of the Order of the Knoll’s W.M. Beardshear Society, the highest lev-el of Iowa State’s most prestigious donor recognition program.

Alumnus Earns Inaugural Iowa State University Award

“Owen has been special friends to the College of Agriculture and Life Sciences, especially the department of agronomy and the Seed Science Center,” said Manjit Misra, Seed Science Center director. “It’s truly a vote of confidence to know that a ‘giant’ in the seed industry, like Owen, believes in our mission at the Seed Science Center.”

12 CONNECTIONS

“vibrant, flexible, fOrwarD-lOOking, able to change with the times.” This is how Dave Raisbeck articulates his hopes for the future of the Iowa State University College of Business.

Dave, recently retired vice chair-man of Cargill, Inc., the Minne-apolis-based provider of food and agricultural products, and his wife, Ellen, recently committed $3 mil-lion to establish an endowed dean’s chair within the business college. The endowment provides perpetual financial support, with funds to be used at the discretion of current and future deans.

The Raisbecks have been long-time supporters of Iowa State. They established the David and Ellen Rais-beck President’s Leadership Initiative Award, and an additional gift for the Raisbeck Career Services Center in the Gerdin Business Building.

Both Dave (a 1971 industrial ad-ministration graduate) and Ellen (a 1971 graduate in family and consum-er sciences) approach life with en-thusiasm and optimism. Today, they eagerly devote time and resources to discovering practical ways they can

help Iowa State and its students.Dave and Ellen met in the sev-

enth grade in their hometown of Dubuque, Iowa. Actively involved in Iowa State campus life — he was a member of Tau Kappa Epsilon, she a cheerleader and member of Delta Delta Delta — the pair began dating seriously when they were juniors at Iowa State. They married shortly af-ter graduation.

Ellen, whose parents and sister also attended Iowa State, speaks can-didly and fondly of her college years and of how those experiences helped her throughout her life. Her goal is to leave a lasting legacy for current and future students.

Dave, a thoughtful leader, believes his college years set the stage for his success in business. “My time at Iowa State was certainly one of the build-ing blocks in my career,” he says.

Although he studied at Iowa State at a time when there was no dedicat-ed business college, Dave wants to assure resources are available to help the college excel and grow. As a re-cent leader of the country’s second-largest privately held company, he

has a unique outlook on the current business environment. He knows what business students will need to be successful in the future.

“We want to make sure Iowa State students are prepared for tomorrow’s business world,” says Dave, who cur-rently serves on the dean’s advisory council. “The best-prepared students are those who possess global knowl-edge and experiences. It is our single most significant challenge over the next 30, 40, 50 years. We are en-gaged in a global society in a way we never were before.”

The Raisbecks want to be sure their gifts not only provide perpetual financial support in the future, but that portions will benefit the business college and its students immediately.

“These gifts are extraordinary commitments to the college’s mis-sion,” says College of Business Dean Labh Hira. “The impact will be felt for years. It reinforces our momen-tum and is a strong endorsement for the outstanding educational experi-ences we provide our students.”

13FALL 2008

For the College oF BusinessLASTING LEGACYA

14 CONNECTIONS

For many years, Murray Harpole and his wife Ruth have reached out to advance the mission of the Iowa State University College of Engi-neering. Recently their passion for helping electrical and computer engineering students took an un-expected turn, as they extended a helping hand across the ocean.

Fama Lo was a high school foreign exchange student from Senegal, West Africa, and Murray

Harpole was a retired corporate executive from St. Paul, Minn. Af-ter almost a decade of friendship, the two have developed a lifelong connection through Iowa State University.

Fama and Murray met through Rotary International, the organiza-tion that arranged for Fama to come to the United States to spend a year at Roseville Area High School in suburban St. Paul. She was the first

Rotary exchange student to come to the U.S. from Senegal and ar-rived a stranger to U.S. culture and language.

“As the year was drawing to an end, I felt saddened that I had to go back home,” Fama says. “I was happy to go back to see my family, but I was sad that I hadn’t yet ac-complished my goal, which was to obtain my college degree from the U.S.”

15

HARPOLESPAY IT FORWARD

THE

Fama Lo FALL 2008

16 CONNECTIONS

As part of her high school ex-change student duties, Fama would tell Rotary groups around the U.S. about life in her country. “One day, while delivering a speech, the audi-ence asked me what I was going to do after high school,” Fama recalls.

“I told them I wanted to go to a uni-versity to be an engineer.”

Murray, an engineer who had founded the Pentair Corporation — now a global leader in water han-dling equipment and enclosures for electrical equipment — was in the

audience and heard Fama express her dream. Later, he gave her a call. “Say, are you serious about going to college?” Fama recalls him asking.

Murray and his wife, Ruth, took Fama to visit a replica of the Atana-soff-Berry computer that was built at

17FALL 2008

Iowa State and on display in St. Paul. Soon after, the couple arranged a trip to Ames. A 1943 graduate of Iowa State in electrical engineering, Mur-ray wanted Fama to see his alma mat-er. “He showed me all around,” Fama says. “He even took me to meet the

president. And then he asked me ‘Do you like Iowa State?’”

Of course, she did, and Fama entered Iowa State as a freshman in 1999. From that day forward, Mur-ray and Ruth have remained involved in her life — as supporters, mentors and very good friends. Fama worked 15 to 20 hours per week while Mur-ray and Ruth continued to support her by linking her with an intern-ship, attending her graduation and, remaining her confidants, friends and extended family.

Fama graduated from Iowa State in 2004 with a bachelor’s degree in computer engineering and a minor in Spanish. She is now married and living in Cincinnati, Ohio, working for Sprint Nextel as a radio frequency engineer optimizing cell phone net-works and designing new cell sites. Her next step is graduate school and she has applied for enrollment in an MBA program.

The Harpoles have been excep-tional donors to Iowa State through the years, and their impact upon the entire university has been remark-able. They have contributed to the Engineering Teaching and Research Complex (ETRC), and the Harpole Professorship in Electrical and Com-puter Engineering. Their scholar-ships have helped many students at-tain engineering degrees.

Because of contributions from Murray and Ruth, the first phase of the Electrical and Computer Engi-neering Building expansion has been

a tremendous success. They donated considerable funds to stimulate the project, including the creation of the building’s center atrium — the larg-est meeting space within the College of Engineering. As a result, the first floor of the renovated home to the Department of Electrical and Com-puter Engineering has been named in their honor.

Four generations of Harpoles have been associated with Iowa State, in-cluding Murray’s father (who attend-ed a short course in 1918) and the couple’s three children: Kenneth, a 1973 earth science graduate; daugh-ter Kathryn Rude, who graduated in 1974 with a degree in physical edu-cation; and David, a 1977 graduate in civil engineering. Granddaughter Lauren Jessen is a fall 2008 fresh-man in pre-business.

Someday, Fama hopes to return to Senegal to pass on to others the leg-acy of caring she has received from the Harpoles. “Murray and Ruth have done everything for me,” she says. “I want everyone to know that they are great people. Their help will never go in vain and I will be grateful to them for the rest of my life.”

“I encourage everybody who has the means to help other people, to do so,” Fama says. “There are people out there who just need a push to go forward. My goal is to get experi-ence, go back home and make a dif-ference by giving a chance to other people, just like Murray and Ruth have given me.”

“Murray and Ruth have done everything for me…Their help will never go in vain and I will be grateful to them for the rest of my life.”Fama Lo

18 CONNECTIONS

An Unforgettable First Impression

19FALL 2008

DOn sOUlts anD his sOn, DJ, have the same names and soon they have the same alma mater. A simple mistake contributed to an important decision for both father and son.

After DJ applied to Iowa State last year, a computer glitch sent recruit-ment mail to his father instead of to DJ’s school address. The mistake was soon corrected, but it was a blessing in disguise.

Don was so taken with Iowa State’s recruitment process that he recently joined in a partnership with the of-fice of admissions to help fund the new $1 million Soults Family Visi-tor Welcome Center in the Memorial Union. As for DJ, he became an Iowa State freshman this fall in aerospace engineering.

“I was impressed with recruitment at Iowa State — with both materials they were sending out and their per-sistence,” Don says. “I thought this new welcome center would be a won-derful keystone for the university’s expanding recruitment programs.”

Attention to admissions process-ing didn’t occur only to Don. Iowa State President Gregory Geoffroy brought up the idea during a recent meeting of the ISU Foundation Board

of Directors, and Don liked it imme-diately. “I don’t have any proof the president looked directly at me,” he recalls with a chuckle, “but the idea really resonated.”

The new welcome center includes a presentation room for 70 to 90 guests, a reception area and lounge, space for admissions staff to visit with recruits and much more.

Although Don had received two statistics degrees from Iowa State — a bachelor of science in 1961 and a doctorate in 1968 — his son’s atten-dance at Iowa State was by no means certain. But, Iowa State’s proactive recruitment won him over.

“Even the mayor of Ames sent me a welcoming letter,” DJ says. “Iowa State really made me feel like they wanted me to go to school there.”

Don feels his experiences at Iowa State set him on a great path. “What I learned at ISU was extremely valu-able in my logistics software busi-ness. I learned how to be competitive in a technical world.”

An Ames native, Don is cardinal and gold through and through. His father, Maurice, was an Iowa State graduate and long time faculty mem-ber with Iowa State University Exten-

sion. His mother worked in registra-tion for many years. “My father’s twin brother, and both my brother and sister attended Iowa State, as did sev-eral other Soults family members.”

For most of his career, Don has worked in the computer software in-dustry. After graduation in 1968, he took a position with the Boeing Com-pany in Seattle. When the company formed a subsidiary called Boeing Computer Services, he was relocated to Virginia, subsequently forming his own software company called Rout-ing Technology Software, Inc. That company became Roadshow Inter-national, Inc., implementing truck routing and scheduling systems around the world.

He lives near Washington, D.C., not far from daughter Kira and son Devan, and he supports Iowa State with his time and resources. “There are significant challenges for a grow-ing educational institution in a state where the number of high school graduates is shrinking,” he says. “That’s why I think that recruitment will become more and more impor-tant for ISU.”

“Even the mayor of Ames sent me a welcoming letter. Iowa State really made me feel like they wanted me to go to school there.”DJ Soults

Don Soults and his son DJ of Vienna, Virginia visit campus

20 CONNECTIONS

THEPOWERTOTRANSFORM

lOra anD rUss talbOt like to lead by example. Although neither graduated from Iowa State University, it would be difficult to find more passionate supporters of the university and its veterinary medicine programs.

“We believe in promoting and supporting success,” says Russ. “We know and understand that we are one part of the process, one piece of the puzzle, and one step in the jour-ney to make things better.”

The animal-loving couple first be-came friends and enthusiasts of Iowa State a number of years ago through the Companion Animal Fund and the Wildlife Care Clinic. Since that time, they have become outstanding benefactors of the university.

Inspired by Campaign Iowa State:

With Pride and Purpose, Russ and Lora have made a three-step com-mitment to support veterinary medi-cine students and programs. The first phase was a $500,000 contribution, with $250,000 going to the Dr. W. Eugene and Linda Lloyd Veterinary Medical Center within the College of Veterinary Medicine. The other $250,000 was directed to the Rus-sell G. and Lora L. Talbot Scholars Program, which they had established and permanently endowed in 1998 with a $3.4 million commitment.

In May 2008, the couple pledged $300,000 more to Talbot Scholars.

It was the over-the-top contribution to complete the Kresge Foundation Challenge Grant of $1 million. In July 2008, Lora and Russ pledged another $500,000 to their scholarship pro-gram, bringing their total campaign commitment to $1.3 million.

To enhance the Talbot Scholars, the Talbots are now in the process of doubling the number of scholarships from four to eight. The change will result in the support of two Talbot Scholars in each of the four levels of the veterinary school. “We have greatly enjoyed so many rewarding experiences with our Talbot Schol-ars,” Lora says. “They are among the brightest and the best.”

At a young age, Lora developed a keen interest in animals and the vet-erinary profession. She grew up in Belmond, Iowa, with three veterinar-ians — all Iowa State graduates — as neighbors. “This was the beginning of a deep respect for the veterinary profession and an understanding of their important role in the world,” Lora says.

“More and more, education has become a central theme and basic fab-ric of our lives,” says Russ. “We spend much of our time as volunteers, sup-porters, cheerleaders, and donors in activities related to education.”

“We firmly believe that education is a key ingredient to success in life,”

Lora adds. “We have had so many positive experiences with our Talbot Scholars. These aspiring veterinar-ians truly inspire us.”

The Talbots also have been gener-ous benefactors in Belmond, where they now reside. They recently re-ceived Belmond’s Outstanding Community Service Award for their extensive volunteer work and long-time community support.

At Iowa State, the couple serves as ISU Foundation governors as well as enthusiastic members of the national campaign committee and the veteri-nary medicine collegiate committee for Campaign Iowa State: With Pride

and Purpose. Recently, they became lifetime members of the ISU Alumni Association.

“As we reflect on our lives and see how truly blessed we have been,” the Talbots say, “we understand that we have a responsibility to share and to give back, to help others and to make the world a better place in which to live.”

They encourage everyone to give time and resources. “If all of us come together, we can pool our efforts and contribute to activities which have the power to transform orga-nizations, institutions and lives,” say Russ and Lora. “We wholeheartedly encourage others to experience the joy of giving.”

21FALL 2008Russ and Lora Talbot with Ryder, a 3-year-old Chesapeake Bay Retriever

“We firmly believe that education is a key ingredient to success in life.”

22 CONNECTIONS

sUpply chain lOgistics is all about planning and executing against a plan. Mark Walker knows how dif-ficult that process can be in the cur-rent market.

“With today’s global supply chains, dozens of people touch your product. Someone needs to keep track of each one to make sure it gets to its desti-nation on time,” he says. “It’s about effectively routing freight to optimize cost, inventory control and security around the product itself.”

Mark’s entire career has revolved around supply chain management and movement of freight within the transportation industry. To make sure these concepts are carried on at Iowa State, he and his wife Terri re-cently committed $500,000 to estab-lish the Walker Professorship in Lo-gistics Operations and Supply Chain Management within the College of Business.

“Mark and Terri have made a sub-stantial investment in the College of Business,” says Dean Labh Hira. “As a graduate of our program, we are very proud of all that Mark has achieved in such a short period of time. Both Mark and Terri are excellent role models for our younger generation

of donors to the college.”“For both Terri and me, it came

down to giving back to the college,” Mark says, “and to the profession that gave us all the opportunities that we have today.”

Mark graduated from Ames High School in 1975. He earned his bach-elor’s degree from Iowa State in ac-counting in 1979 and received his MBA in finance from Minnesota’s University of St. Thomas.

Today, he is senior vice president of transportation for C.H. Robinson Worldwide, Inc., based in Minne-apolis. He attributes his years at Iowa State with providing the basis for his success.

“It was the foundation for my ca-reer,” he says. “When I entered col-lege, I knew I wanted to join a busi-ness, but not what field it would be in. I did complete the CPA exam and used my accounting background. Your early success is about what you’ve gained overall in college — your ability to learn and problem-solve.”

At the time he graduated, the job market was tough. “I got lucky when Robinson afforded me the opportu-nity to move into the transportation

field,” he says. “We had 250 employ-ees when I started in 1980. Today we have 7,500.”

Occasionally, Mark returns to Iowa State to participate in business seminars and as a speaker. One of Mark and Terri’s daughters, Cary, is a 2006 marketing graduate from the ISU College of Business. Daughter Sarah attends college in Minneapolis.

“I’ve noticed that Iowa graduates tend to leave the state for other op-portunities,” he says. “I was one of those people who didn’t have career choices there.”

Although Mark does not have all the answers to this exodus, he be-lieves contributing to education is critical. “We need to help bring so-lutions to the table and create new business opportunities.

“Iowa State’s supply chain pro-gram is by far one of the best in the country and probably the world,” he says, “but the world doesn’t know it. We’d like to help give it a boost. We’d like to try to attract more facul-ty members who will help continue to make it grow,” Mark says. “Terri and I would like to create an example that others could follow.”

a vital link in the chain

23FALL 2008

“Terri and I would like to create an example that others could follow.” Mark Walker

24 CONNECTIONS

A n e w e r A i n P h i l A n t h r o P y

the roles oF “volunteer” and “gIver” are traditional ones for women, yet few people think of women as philanthropists. Until recent years, philanthropy has remained unchartered territory for many women. Today, women view philanthropy not so much as charitable giving as they do investing — investing in change, investing in the future, and investing in causes that are personally meaningful.

Women are learning the benefits and rewards of leveraging their time, talent and resources on behalf of their interests. They are merging power, money and the desire to act as catalysts for change within their communities. Through strategic giving, women are at the leading edge of a new era in philanthropy.

�ome�:

Through strategic giving, women

are at the leading edge of a new

era in philanthropy. Here are some

impressive statistics from Iowa

State University:

Since 2000, the total number of �

women donors to Iowa State

has increased 34 percent.

Since 2003, the total amount �

of dollars committed to ISU

from women has increased

198 percent.

Since 2003, the average ISU �

gift amount from women has

increased 147 percent.

Through June 30, 2008, �

women have committed

more than $136 million.

Since 2003, the number of �

$100,000+ estate commitments

documented by women has

increased 50 percent.

For more information about

women’s giving at Iowa State, visit

www.withprideandpurpose.org

and click on “programs.”

25FALL 2008

Iowa State University has been at the forefront of recognizing women as philanthropists and even estab-lished the ISU Foundation Women and Philanthropy Committee in 2000 to educate and encourage women to be philanthropic lead-ers at Iowa State and in their com-munities. “Our women and philan-thropy program is very strong and a role model throughout the coun-try,” said Michele Whitty from Des Moines, a 1979 Iowa State graduate and volunteer chair of the Women and Philanthropy Committee. “We are proud to be a catalyst for engag-ing women and encouraging them to think about meaningful and stra-tegic giving.”

Women are also playing a key role in Campaign Iowa State: With Pride and Purpose, the university’s largest fundraising endeavor in his-tory. Since the campaign officially began in 2003, the total amount of dollars committed to Iowa State from women has increased 198 per-cent, and the average gift amount has gone up 147 percent. “This kind of support is significant,” said Mi-chele. “Women are making a major impact at Iowa State and are choos-ing to invest their dollars where it means something to them.”

Because women live longer than men, they will end up in charge of much of the $41 trillion expected to pass from generation to genera-tion over the next 50 years. Women are poised to make a major philan-thropic impact as they decide what

happens to their money — how much they spend, how they invest, how much goes back to society in the form of taxes, and what they ac-complish through strategic giving.

To help educate women about philanthropy and their personal and family finances, the ISU Foun-dation’s Women and Philanthropy Committee sponsors an education-al seminar in Ames every spring that is open to the public. The next event on May 13, 2009, will be the 10th anniversary. “This is an op-portunity for women to spend the day focused on exploring philan-thropic options and discovering what is important in their lives,” according to Michelle. The seminar consists of nationally recognized keynote speakers, several breakout educational sessions on a variety of topics, lunch, and networking op-portunities. “This is a great day for women (and some men!) to become engaged in philanthropy, wheth-er your interest is at Iowa State, or in your own community,” Mi-chele added. For more information about next year’s workshop, visit www.withprideandpurpose.org early next spring.

Throughout history, women have demonstrated their philan-thropic spirit. They have established schools, founded hospitals, built museums and, sheltered the home-less. Today, however, women are discovering their capacity to trans-form the world — and Iowa State University — like never before.

26 CONNECTIONS

ANNUAL REPORTJULY 1 , 2007 TO JUNE 30 , 2008Fiscal year 2008 was a record fundraising year for Iowa State University. The following annual re-port provides highlights from the past fiscal year and reflects the success of both fundraising efforts and stewardship activities at the Iowa State University Foundation. These highlights document the depth of the generosity of our many benefactors and the significant direct impact to the students and faculty of Iowa State.

The public launch and the subsequent response to Campaign Iowa State: With Pride and Purpose was critical to the financial success of the fiscal year. At June 30, 2008, total campaign support exceeded more than $590 million. The momentum of the campaign continues to build toward the $800 million campaign goal.

Questions should be directed to Dan Saftig, president, or Lisa Eslinger, vice president of finance and operations.

FINANCIAL HIGHLIGHTS

NUMBER OF DONORS: 53,008

NEW GIFTS AND COMMITMENTS: $135,384,086 (including gifts in kind)

DOLLARS TRANSFERRED TO IOWA STATE: $53,837,576

ENDOWMENT TOTAL: $434,432,841

COST TO RAISE $1: 8 CENTS

DOLLARS TRANSFERRED TO IOWA STATE

AREA OF SUPPORT FY08 FY07

STUDENTS . . . . . . . . . . . . . . . . . . . . $13,733,418 . . . . . . $13,457,228FACULTy AND STAFF . . . . . . $5,636,842 . . . . . . . . $5,055,477FACILITIES . . . . . . . . . . . . . . . . . . . . $22,025,673 . . . . . . $17,313,320PROGRAMS . . . . . . . . . . . . . . . . . . $12,052,903 . . . . . . $9,210,087OTHER . . . . . . . . . . . . . . . . . . . . . . . . . $388,740 . . . . . . . . . . $563,905TOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . $53,837,576 . . . . . . $45,600,017

27SPRING 2008

0

30

60

90

120

150

IN M

ILLI

ONS

FY04 FY05 FY06 FY07 FY08

$63.2

$82.4$91.2

$105.5

$135.0

New Gifts and Commitments(excludes gifts-in-kind)

0

25

50

75

100

125

FY04 FY05 FY06 FY07 FY08

7581

91 95

122

FY03

105

Number of Endowed Faculty Positions

0

3

6

9

12

15

CEN

TS

FY04 FY05 FY06 FY07 FY08

13¢

11¢

9¢ 9¢8¢

Cost to Raise a Dollar(3-Year Average)

0

100

200

300

400

500

600

700

IN M

ILLI

ONS

FY04 FY05 FY06 FY07 FY08

$439.8$489.8

$537.3

$623.5$646.9

Total Assets

Foundations 17%

Corporations 12%

OtherIndividuals

15%

Alumni 56%

Gifts by Source

Facility Support 27%Program Support 31%

Student Support 24%Faculty Support 18%

Gifts by Donor Designation

The ISU Foundation’s financial statements are audited by the international firm of Deloitte & Touche LLP in accordance with auditing standards generally accepted in the United States. The foundation’s full financial statements are available at www.foundation.iastate.edu or by request.

FISCAL YEAR 2008 HIGHLIGHTS

28 CONNECTIONS

0

50

100

150

200

250

300

350

400

450

500

FY04 FY05 FY06 FY07 FY08FY93 FY03FY02FY01FY00FY99FY98FY97FY96FY95FY94

IN M

ILLI

ONS

FY92FY91

Growth of Endowment Since Inception

-4

-2

0

2

4

6

8

10

5 years Since inception(1992)

-3.7%

9.3%8.3%

1 year (FY08)

PERC

ENT

Endowment Return

Endowment Allocation

DiversifyingEquity 21.1%

PrivateEquity 6.9%

Public Equity 48.9%

Bonds 16.6%

Real Estate /Natural Resources 6.5%

The public equity component of the portfolio includes U.S., non-U.S. and emerging market equities.

ENDOWMENT HIGHLIGHTS

Fiscal year 2008 demonstrated how the endowment’s diversification helped the portfolio withstand some of the volatility in the marketplace. Although the hope is to never post a negative return, the 12-month return of negative 3.7 percent compares favorably to a simple portfolio (80 percent S&P 500 and 20 percent Lehman Aggregate) return of negative 9.3 percent. The Iowa State University Foundation’s investment committee continues to focus on the long term by increasing the endowment’s allocation to private investments in equity and real assets.

COMPREHENSIVE COLLEGE/UNIT CAMPAIGN REPORT

College/Unit Campaign Total Production FY08 ProductionAgriculture and Life Sciences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$87,164,502 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $22,443,383Business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$33,249,707 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,668,063Design . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,092,111 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,059,947Engineering . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $219,689,847* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $20,210,381Human Sciences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$17,862,358 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,965,123Liberal Arts and Sciences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$44,334,180 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,834,523Veterinary Medicine . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$25,788,677 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $11,717,857Alumni Association . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$14,616,183 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,462,401Athletics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$53,200,423 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14,356,830Extension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,789,558 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,438,750Iowa State Center . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $593,018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$116,243Reiman Gardens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,869,626 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,430,665Student Affairs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$32,768,378 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $11,044,085University Library . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4,215,284 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$855,505University Museums . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,910,231 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$459,583Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$48,653,034 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,489,518Less: Interdisciplinary Gifts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .($6,620,000) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ($4,670,000)Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $590,177,116 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $123,882,857

*Includes $141,052,950 in in-kind gifts

�ea�ershi� �enerosi�� o��ortuni�yMembers of the Order of the Knoll, Iowa State University's most prestigious donor recognition society, believe in creating opportu-nities to transform lives at Iowa State. Your gifts — whether through lifetime giving, annual giving or both — are essential to the future of our university.

Become a member today and enjoy many opportunities for ongoing engagement and communication with Iowa State reserved only for members of the Order of the Knoll.

For more information: [email protected], 515.294.9524, or www.foundation.iastate.edu/order-of-the-knoll.

The Knoll, home of the Iowa State University President

Iowa state unIversIty FoundatIon

2505 unIversIty boulevard

P.o. box 2230ames, Iowa 50010-2230

Change servICe reQuested

Supporting Iowa State University through online giving has never been

easier or more secure. Invest in an area of your greatest interest and make

an impact where it matters to you most. www.withprideandpurpose.org

You can be part of something truly important.

Whenever, wherever…

NONPROFIT ORG.U.S. Postage

PAIDDes Moines, IAPermit No. 5507