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2014 KU Endowment Annual Report

KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

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Page 1: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

2014KU EndowmentAnnual Report

Page 2: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders
Page 3: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

The foremost international association of educational institutions has honored the University of Kansas for the overall performance of its fundraising programs — for the third consecutive year.

The Council for the Advancement and Support of Education (CASE) named KU and just three other public research universities to receive its 2014 Educational Fundraising Award.

In recognition of the three years of success, CASE conferred an additional award on KU, for Sustained Excellence in Educational Fundraising.

While we are proud of this achievement, we know the true credit goes to thousands of alumni and friends. You bring the love and passion that enable us to carry out our mission. We offer our heartfelt gratitude and admiration, for without your generosity, none of this would be possible.

Excellence, sustained — and rewarded

Excellence is an art

won by training and

habituation. We do not

act rightly because we

have virtue or excellence,

but we rather have

those because we have

acted rightly. We are

what we repeatedly do.

Excellence, then, is not

an act but a habit.

Aristotle

1

Page 4: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Sustaining excellence is no easy task. It takes a great deal of persistence and hard work, and an unwavering belief in reaching the next higher goal.

That’s why we’re so proud of what we’ve accomplished this year on behalf of the University of Kansas and The University of Kansas Hospital, thanks to your generosity. In fiscal 2014, for the seventh consecutive year, private giving reached another record — $253.2 million — a remarkable 45 percent increase from last year.

By all counts, it was an outstanding year. Our support for the university and hospital also set a new record of $124.1 million, and returns in our Long-term Investment Program reached 16.8 percent.

There’s a nobility of purpose in the many areas you support. Many students would not be here but for scholarship funds provided by private donors. These students leave KU transformed, ready to lead richer lives and use their skills and knowledge to serve their communities. The state is transformed every year, too, as some 4,300 undergraduates and 2,400 graduate students renew the supply of emerging leaders.

Thanks to your support, KU researchers are addressing some of the great challenges of our time — climate change, energy and transportation, cancer, diabetes. They are uncovering new ways to use literature and the arts to enrich people’s lives and expand our thinking. They are unlocking the past and illuminating the future. And they are pioneering treatments that extend and improve the lives of patients.

We don’t take your generosity for granted. It’s a light shining brightly on KU’s present and future.

With our deepest gratitude,

Drue Jennings Dale SeuferlingChairman of the Board President

Dear friends,

2 Excellence Sustained

Page 5: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

3

Page 6: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Far Above: The Campaign for Kansas was launched to help the University of Kansas and The University of Kansas Hospital achieve their loftiest goals. The campaign seeks support to educate future leaders, advance medicine, accelerate discovery and drive economic growth. This year’s record giving, provided through Far Above, is gratifying, and it provides momentum to sustain our efforts.

This success confirms our belief in the value of education to lift students and society. The campaign is already delivering results, strengthening both the hospital and the university and making our ambitions a reality. Far Above donors have created hundreds of scholarships and dozens of professorships, and have directed their support to research initiatives and capital improvements at the hospital and across all campuses.

Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders to make their educational dreams a reality. We must continue to bolster our support for faculty, so that we can continue to recruit and retain the highest caliber of teachers, scholars and researchers.

I have every confidence that we will achieve these goals and more. The desire to lift students, and the society we serve, unites us as Jayhawks, and is what will drive us to even greater heights. Thank you for being part of that effort.

To sustain our mo st precious resource — people

Bernadette Gray-LittleChancellor

4 Excellence Sustained

Page 7: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

5

Page 8: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

The university and The University of Kansas Hospital enjoyed continued generous support from donors to KU Endowment through fiscal year 2014. Total fundraising reached a record high: $253.2 million, an increase of more than 45 percent over last year. This marks the seventh year in a row of record fundraising.

Donors earmark the great majority of gifts to KU for specific purposes. KU Endowment is ethically and legally bound to administer gifts with those purposes foremost in mind.

Reco rd fundraising, sustained

Gift Revenue

$169.7Current gifts and pledges

$24.4Realized bequests and life income gifts

$59.1Deferred gift commitments

(in millions)

TOTAL

$253.2million

6 Excellence Sustained

Page 9: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

All through the yearAnnual Giving donors support KU by responding to appeals sent by direct mail, email and telephone. In fiscal 2014, these donors supplied $6.4 million, a record amount. They made 43,150 gifts this year through Annual Giving, with an average size of $149.25, the highest average ever.

Online offeringsThousands of donors took advantage of KU Endowment’s secure online giving process during the fiscal year, making 5,424 gifts totaling about $2,130,195.

Makea

Gift$2,130,1955,424

online gifts

Reco rd fundraising, sustained

TOTALGIFTS

43,150

AVERAGESIZE

$149.25

7

Page 10: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

We at KU Endowment strive to support KU’s excellence, but it is our donors who do the real work of building and sustaining it. Donations came this fiscal year from 41,401 individuals, corporations and foundations.

About 60 percent of donors reside in Kansas. We also received donations this year from all 49 other states, the District of Columbia, Guam, the Virgin Islands, Puerto Rico and almost 30 foreign countries.

Our donors 24,829 alumni individuals 14,890 non-alumni individuals 1,682 organizations 41,401 total

4,937 first-time donors $7,669,183 total donations from first-time donors

Excellence from everywhere

Top 5 other states, by donors

Missouri

4,043

California

1,353

Colorado

1,025 Texas

1,468

Illinois

785

Kansas24,104donors

8 Excellence Sustained

Page 11: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Evidence of excellenceGifts have the power to transform students’ lives. With scholarship support, KU students have amazing opportunities at their fingertips. This year, about 6,500 students received scholarships from KU Endowment funds, totaling $28.3 million.

To celebrate, we’ve posted a collection of videos in which a few of these students explain how scholarship support has helped them flourish at KU.

To view these and more scholarship videos, please go to www.kuendowmentorg/scholarships

Christina Hixson, of Las Vegas, Nev., created the Hixson Opportunity Awards, which provide $5,000 renewable scholarships for 11 KU freshmen each year. In this video, some Hixson scholars share their stories.

Ansley Bender found a school with a welcoming community.

Beth Fentress was able to focus on studies without the stress of paying for college.

Evan Traylor felt KU was truly investing in his education.

John Handley wanted to get an education independently, without student loan debt.

9

Page 12: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

To sustain the institution

If KU is to sustain its excellence, private support will become increasingly important. With state support now below 20 percent of operating budget, the university depends increasingly on private giving to fund its growing needs. In fiscal 2014, KU Endowment disbursed $124.1 million in institutional support for the university and The University of Kansas Hospital, a new all-time record. This represents payments from endowed funds as well as expendable gifts.

Since our founding in 1891, we have provided about $2.1 billion in support to the university.

TOTAL

$124.1 million

Total Institutional Support

$43.1Program and educational support

$30.8Student support (excluding loans)

$17.6Facilities support

$32.6Faculty support

(in millions)

10 Excellence Sustained

Page 13: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

No problem can

withstand the assault

of sustained thinking.

Voltaire

11

Page 14: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Isaiah Logan almost didn’t make it to KU.

“KU was the dream place for me, the best fit,” he said. “Being a small-town boy, thinking I’ll probably go back to a small-town location, I thought I should be educated in a place that emphasized that. But because of financial restrictions I really had to take a look at whether it was KU or some other place. Luckily, KU Endowment stepped in and offered me the difference between in-state and out-of-state tuition, and that was the difference between my coming here or not.”

During Logan’s eight-week family medicine rotation, he spent six weeks in Pleasanton, Kansas, primarily in a family medicine clinic. He also worked in the hospital, doing surgery, working in the emergency room, and “just about everything.”

To sustain students“It was probably the best experience I’ve had so far in medical school, as far as interaction with patients goes. I actually felt like I was a doctor.

“I’ve really enjoyed my experience here at KU. I’ve been president of the medical student assembly for two years and done tons of things I probably wouldn’t have experienced at any other location. So I really do appreciate the donors and KU Endowment for making it possible for me to be here.”

This year, about 6,500 students like Isaiah Logan received scholarships from KU Endowment funds, totaling $28.3 million. Loans, fellowships, awards and prizes raised the total of direct aid to students to $34.4 million.

Also this year, private donations created 91 new funds supporting scholarships and fellowships and 20 new student award and prize funds.

In our quest to educate future leaders, we believe scholarships constitute both the great equalizer and the impetus for academic distinction.

TOTAL

$34.4 million

Student Support

$28.3Scholarships

$1.8Fellowships

$0.9Awards and prizes

$3.4Loans

(in millions)

12 Excellence Sustained

Page 15: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Isaiah LoganBurlington, TexasMedical Student, Class of 2015Office of Cultural Enhancement and Diversity National Institutes of Health Scholarship

Find something that

you’re really interested in

doing in your life. Pursue

it, set goals, and commit

yourself to excellence.

Do the best you can.

Chris Evert

13

Page 16: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Rosemary O’Leary was happy to return to her alma mater.

After she earned a bachelor’s degree in English, a master’s in public administration and a law degree, all from KU, she earned a Ph.D. in public administration from Syracuse University. She taught at Indiana University-Bloomington and Syracuse for 24 years.

Two years ago, KU beckoned, and O’Leary returned to take a named, endowed professorship, to join KU’s School of Public Administration — with the highest-ranked program in local government management in the country — and to teach alongside “the best professor I ever had” — John Nalbandian, now retired.

“I believe my focus should be on students as great learners, rather than on myself as a great teacher,” she said. “I concentrate on four streams in the classroom: knowledge, critical thinking, creative thinking, and an enthusiasm for public service.”

Her research centers on collaboration as a leadership and management strategy. She also offers training, presentations, coaching and workshops for working administrators, exploring collaboration as applied to their challenges.

TOTAL

$32.6 million

Faculty Support

$29.1Salaries, distinguished and teaching professors

$0.4Faculty awards

$3.1Professional and contracted services

(in millions)

To sustain faculty“As a professor of public administration, I believe it is my responsibility to share my knowledge with practitioners and to learn continuously about the challenges they face,” she said.

Without faculty members like O’Leary, KU could not sustain its success. The faculty now numbers more than 2,600 people who, in addition to teaching, pursue promising research and offer public service across Kansas and beyond.

This year, donors enabled KU Endowment to provide $32.6 million in direct support to faculty. Private giving boosts salaries, provides awards honoring excellence, and supports professional development and travel.

In fiscal 2014, donors gave $4.7 million to establish six new professorships, four at the KU Medical Center and two in Lawrence. Faculty members holding named, endowed positions at the university now number 182.

Endowed professorships often qualify for additional salary enhancement by the Kansas Partnership for Faculty of Distinction Program. Since the state established this program in 2000, donor support for KU faculty has enabled the university to receive $9 million in supplemental funding.

14 Excellence Sustained

Page 17: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Rosemary O’Leary Edwin O. Stene Distinguished Professor of Public Administration

Without an educated

populace, democracy

cannot sustain itself.

Phylicia Rashad

15

Page 18: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Private giving through KU Endowment strengthened academic programs across the university. Philanthropy enabled KU to bring top-flight scholars, thoughtful lecturers and breathtaking performances to the campus. It also expanded the scope of outreach programs throughout the state and supported valuable acquisitions by KU’s library system and museums.

This year, donors enabled KU Endowment to provide $43.1 million to support educational and program activities at KU.

To sustain academics

Program and Educational Support

$27.5Program grantsto KU

$6.2Other

$1.4Books, works of art

$8.0University travel and official hospitality

(in millions)

TOTAL

$43.1 million

16 Excellence Sustained

Page 19: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

In October, visiting artist and former Marine Folleh Tamba and KU students discussed poems written during and in response to World War I. The Spencer Museum of Art’s Public Programs and Visitor Experience Manager, Amy Duke, arranged the session; her position is supported by KU Endowment’s Friends of the Art Museum Fund.

Excellence is to do a common

thing in an uncommon way.

Booker T. Washington

17

Page 20: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

In October, students and faculty occupied a new, contemporary addition to Marvin Hall. Known as The Forum, it contains a commons space and a 121-seat lecture hall. It’s the largest project ever handled by Studio 804, a program in which KU architecture students handle virtually all the design and construction work. Private donors largely funded the $1.5 million project.

We also saw significant progress on several high-profile projects made possible by generous donors; all are due for completion in 2015 or 2016. Milestones include:

• Capitol Federal Hall — Utility relocations and a drilled-pier foundation base are complete for the new home for the School of Business.

• DeBruce Center — Foundation work has begun on this innovative student center on the south part of the Lawrence campus; it also will house Naismith’s Rules of Basket Ball.

• Marie S. McCarthy Hall — Site preparation is complete for this student apartment complex near Allen Fieldhouse. Foundation work will begin in December

Expenditures for facilities, $17.6 million this year, are determined by the timing of the university’s construction projects and often shift significantly from year to year.

To sustain facilities

Support for Facilities

$13.3Construction

$0.3Furnishings

$4.0Equipment and supplies

(in millions)

TOTAL

$17.6million

18 Excellence Sustained

Page 21: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

KU students install living plants in a green wall at The Forum. The building, a showpiece for the School of Architecture, Design & Planning, is expected to receive LEED Platinum certification.

Productivity is never an

accident. It is always the

result of a commitment

to excellence, intelligent

planning, and focused effort.

Paul J. Meyer

19

Page 22: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

ASSETSthousands

June 30, 2014thousands

June 30, 2013

Cash and cash equivalents $ 5,567 $ 9,162

Receivables: Loans, pledges, other

$ 144,707 $ 86,634

Investments:Securities, trusts held by others, interest in other KU Endowment entities*, real estate

$ 1,640,409 $ 1,426,315

Property on or adjacent to university campus: Land, buildings, equipment & furnishings, less accumulated depreciation

$ 33,509 $ 34,785

Deposits and other assets $ 5,856 $ 5,783

TOTAL ASSETS $ 1,830,048 $ 1,562,679

LIABILITIES AND NET ASSETS

Liabilities: Accounts payable, accrued expenses, securities lending obligation, life income gift payables, agency funds

$ 104,504 $ 95,889

TOTAL NET ASSETS $ 1,725,544 $ 1,466,790

TOTAL LIABILITIES AND NET ASSETS $ 1,830,048 $ 1,562,679

* Other entities include the KU Endowment Charitable Gift Fund, a separate 501(c)3 entity that administers gifts divided between KU Endowment and other charitable beneficiaries.

The Statement of Financial Position and Statement of Activities are excerpted from KU Endowment’s 2014 financial statements, which have been audited by Ernst & Young, LLP. The full statements are posted at www.kuendowment.org/auditreport.

Statement of financial po sition

20 Excellence Sustained

Page 23: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

REVENUES, GAINS AND OTHER SUPPORT

thousands June 30, 2014

thousands June 30, 2013

Fundraising: Contributions & grants received & pledged; bequests; life income gifts; other

$ 193,067 $ 143,318

Income from asset holdings: Investments; realized and unrealized gains (losses) on investments and trusts held by others; real estate; other income

$ 208,073 $ 120,550

Other receipts $ 2,020 $ 3,047

TOTAL REVENUES, GAINS & OTHER SUPPORT

$ 403,160 $ 266,915

EXPENSES

University support (see note below): Student support; faculty support and contractual services; construction, furnishings, equipment & supplies; program and other educational support

$ 124,100 $ 119,444

Supporting services:Administrative and fundraising support; asset management expense; depreciation

$ 20,306 $ 18,061

TOTAL EXPENSES $ 144,406 $ 137,505

CHANGE IN NET ASSETS $ 258,754 $ 129,410

NET ASSETS AT BEGINNING OF YEAR $ 1,466,790 $ 1,337,380

NET ASSETS AT END OF YEAR $ 1,725,544 $ 1,466,790

Note: Expenditures from agency funds, which are owned by the university but managed by KU Endowment, provided additional university support of $10.9 million in fiscal 2014 and $10 million in fiscal 2013.

Statement of activities

21

Page 24: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Marketable securities compose 86 percent of KU Endowment’s total assets; the balance is primarily real estate owned by KU Endowment, loans to KU students and faculty, and outstanding pledges.

Value of total assets — Book value of assets, plus unrealized gain or loss on marketable securities, according to audited financial statements. This excludes unrealized appreciation of real estate and other special holdings.*

Market value of total assets — Includes unrealized appreciation of real estate and other special holdings.*

Market value of endowment — Reported in accordance with the Standards of the National Association of College and University Business Officers.

*Unrealized appreciation of real estate and other special holdings is not audited and is not recorded on the Statement of Financial Position.

Asset allocationsThe Long-term Investment Program is designed to generate the maximum return consistent with minimum volatility. It is diversified both by asset class and within asset classes.

Asset values and allocations

Value of Total Assets(billions)

2012 2013 2014 2012 2013 2014

Market Value of Total Assets (billions)

2012 2013 2014

Market Value of Endowed Funds (billions)

1.44

1.56

1.83

1.59

1.72

1.99

1.18

1.29

1.47

20.7%Domestic equity

11.7%Fixed income

29.9%International equity

17.7%Inflation protection

19.6%Alternatives

0.4%Cash and equivalents

Asset Allocations

AS OF

June 2014

(in millions)

22 Excellence Sustained

Page 25: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

KU Endowment manages endowed funds with care to provide a stable, perpetual source of support for learning, discovery, patient care and public service. In fiscal year 2014, our investments experienced strong positive returns. We invest endowed and similar long-term funds collectively in our Long-term Investment Program, which includes more than 3,500 individual accounts. The value of these funds makes up 71.8 percent of KU Endowment’s total assets.

The program outperformed its benchmark for the fiscal year, with a total return of 16.8 percent, compared to 16.7 percent for the benchmark. For the five-year and ten-year periods ending June 30, 2014, the program posted returns of 11.9 percent and 7.5 percent, exceeding the benchmark returns of 11.6 percent and 7.4 percent respectively. For the 26-year period ending June 30, 2014, the program has exceeded its absolute financial objective of preserving the real (inflation-adjusted) value of endowment principal, by producing a total return of 9.2 percent compared to 8.6 percent for spending plus inflation.

Global returns in fiscal year 2014 were uniformly positive. Equity returns were particularly strong, with many countries posting double-digit returns. Developed markets as a whole have now recovered their 2007 peak. Accommodative central bank policies and generally stable economic conditions in the U.S., Europe and Asia supported these gains.

Given an environment where central banks continue to do whatever it takes to keep market prices stable, we remain committed to the core principles of the endowment model with an equity-biased, broadly diversified portfolio that is rigorously rebalanced.

Performance objectivesOver the long term, the absolute objective is to achieve a total return that meets or exceeds the rate of inflation, as measured by the Consumer Price Index, plus the total spending rate from the Long-term Investment Program. The relative objective is to achieve a total return that meets or exceeds a combined benchmark of appropriate capital market indices, weighted according to the portfolio’s target asset allocation. This chart shows the total return for the portfolio since the inception of performance measurement in June 1988.

Past performance is not necessarily indicative of future performance. Performance is net of external investment-related expenses (e.g., managers, custodians and consultants).

Sustained suppo rt

7.5

7.4

9.2

10.0

8.6

16.7

16.8One-year

Ten-year

Inception

Long-term program

11.9

11.6Five-year

Relative objective Absolute objective

Long-term Investment Program Performance(as of June 2014)

23

Page 26: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Audit CommitteeLewis D. Gregory, ChairDavid B. DillonSheri Welter HauckJanet Martin McKinneyJohn W. MizeJohn H. Robinson Jr.Robert D. Taylor

Compensation CommitteeTodd L. Sutherland, ChairWilliam R. DockingA. Drue JenningsM.D. MichaelisDeanell Reece TachaRobert D. Taylor

Development CommitteeLinda Ellis Sims, ChairHoward E. CohenJohn D. Hunkeler, M.D.Reginald L. RobinsonJann Crawford RudkinThomas G. WiggansDavid C. Wysong

Governance CommitteeWilliam R. Docking, ChairTom BowserCathy L. DaicoffA. Drue JenningsJeff M. JohnsonMichael G. ShinnRobert M. Thomas Jr.

Investment CommitteeCharles E. Heath, ChairJohn B. DicusRay D. EvansEdward J. HealyJay HowardBradford T. SandersTodd L. Sutherland

Property Management CommitteeM.D. Michaelis, ChairBeverly Smith BillingsDavid M. CarrBrian L. MitchellJohn C. ShawverSteve Sloan

Members at LargeKenneth G. AdamsPhilip F. AnschutzLydia I. BeebeDan P. BolenDavid G. BoothGene A. BudigLinda Zarda CookScott T.R. Coons ■Jerome DaviesJeffrey W. DavisStacey D. DillonJill S. DockingRobert L. DriscollSam EvansJeff N. GentryGregory M. GravesDavid E. HallWilliam E. Hogan IIRobert S. KaplanH.W. Knapheide IIIBrad Korell ■Kent C. McCarthyMichael T. McCoy, M.D.Tyrone C. MeansJoe C. MorrisDavid L. MurfinRamon MurguiaWarren J. Newcomer Jr.Brent R. PadgettCharles E. Rhoades, M.D.E.S. RissA. Scott Ritchie IIIDale SeuferlingDolph C. Simons IIIFenton R. TalbottWilliam B. TaylorGregs G. ThomopulosBeverly Gaines Tipton

Life TrusteesP.J. “Jim” AdamDana K. Anderson Marc A. Asher, M.D.Frank J. Becker ●Richard L. BondAnderson W. ChandlerRay E. Dillon Jr.John C. DicusThe Hon. Robert J. DoleArchie R. Dykes Robert J. EatonWilliam D. GrantChristina M. HixsonEllen Jurden HockadayForrest E. Hoglund Stewart R. HorejsiWilliam M. HouglandEdward A. KangasKatherine Haughey LooDorothy Wohlgemuth LynchRobert H. MalottDanny ManningAlan R. MulallyGeorge E. Nettels Jr.Laird G. NollerCharles W. OswaldMarynell D. Reece A. Scott RitchieFrank C. SabatiniGale E. SayersTodd SeymourDolph C. Simons Jr. ●Glee S. Smith Jr.John H. Stauffer Sr.John T. Stewart III ●Chester B. VanattaKen WagnonAdelaide C. Ward

Chair Emeritus ●

Elected in 2013 ■

The Executive Committee of the Board of Trustees governs KU Endowment and takes responsibility for ensuring that it will provide significant support for KU now and in the future. Members of the board at large elect the Executive Committee.

The entire board, up to 75 members representing KU throughout the United States, meets annually during the fall on one of the KU campuses. Six standing committees oversee specific areas of operation and meet throughout the year. Board members receive no compensation for their service.

Board of Trustees

Executive CommitteeA. Drue Jennings,

ChairWilliam R. DockingR.A. EdwardsCharles E. HeathM.D. MichaelisLinda Ellis SimsTodd L. SutherlandDeanell Reece TachaRobert D. TaylorKurt D. Watson ●

24 Excellence Sustained

Page 27: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

In MemoriamJohn Graber Eriksen, Hutchinson, died May 8, 2014, in Denver, at age 78. He entered KU in 1953 and earned a degree from the School of Business in 1957. After serving in the U.S. Air Force, he returned to Hutchinson and joined the family business, Eriksen’s Inc., where he became the company’s president. He later worked for the First National Bank of Hutchinson, retiring as vice president of business development. John served on the boards of several community organizations as well as the boards of the KU Alumni Association and the Greater University Fund. He was elected a KU Endowment Trustee in 1983 and was elected Life Trustee in 2010.

Perfection is not attainable,

but if we chase perfection

we can catch excellence.

Vince Lombardi

25

Page 28: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

Mount Oread SocietyCumulative outright giving of $5 million or moreDana & Sue AndersonJustin R. & Jean Pinne AndersonDr. & Mrs. Marc A. AsherDavid G. & Suzanne Deal BoothA. Joseph &

Jean Stiner BrandmeyerPaul DeBruceBob & Connie EatonDonald J. Hall Sr.Mr. & Mrs. Forrest E. HoglundJulie KivistoTom L. KivistoThe Hon. Carl C. KrehbielCharles W. OswaldMr. & Mrs. A. Scott RitchieMrs. Louis L. Ward

Mount Oread SocietyCumulative outright giving of $1 million or moreMargaret Amini Mr. & Mrs. Philip F. AnschutzMarianna BeachMr. & Mrs. Mike BeattyClay C. Blair III, EdD & Janet BlairDr. & Mrs. Gene A. BudigAnderson ChandlerMr. & Mrs. Jack ClevengerMaude Ruth CramerJoy CulverhouseBob DaughertyRoger W. & Julie L. DavisKatherine DeBruceJohn C. DicusDavid B. & Dee Ehling DillonWilliam & Judy DockingThe Hon. Robert J. &

The Hon. Elizabeth Hanford DoleDr. & Mrs. Archie R. DykesGene R. Feaster, PhDDr. Luther L. &

Ardis Swanson FryJayne B. & Walter R. GarrisonFrederick Gould &

Julie Pigott GouldKathleen M. HallMrs. Ronald G. HarperMrs. W. C. HartleyCharles E. & Kathleen M. HeathDavid L. & Gunda HiebertJulie K. Hilton

L. Charles Hilton Jr. & Lela G. Hilton

Christina HixsonCatherine HollandStewart & Ellen HorejsiLarry D. HornerMr. & Mrs. William M. HouglandJay & Julia HowardClifford W. & Bonne A. IlligJerry J. & Kay M. JennettKay & Monte JohnsonRobert S. KaplanGrant B. & Ellen KelleyMr. & Mrs. Charles E. KimbellMr. & Mrs. H. W. Knapheide IIIMr. & Mrs. Charles G. KochJ. Bert LaddDr. Lawrence E. LambFloriene A. LiebermanKatherine Haughey LooRobert H. MalottKent & Missy McCarthyMrs. Ronald L. McGregorBetty Joe McMillenDr. Earl D. & Kathleen A. MerkelMr. & Mrs. Fred L. MerrillDee & Mike MichaelisDr. Bette MorrisJoe C. & Susan A. MorrisDavid L. & Janet L. MurfinDiane E. NeisMr. & Mrs. George E. Nettels Jr.James L. OsbornMr. & Mrs. Gary W. PadgettMr. & Mrs. Arthur C. Piculell Jr.Robert J. PliskyWilliam A. Reed, MD &

Mary J. ReedCatherine M. RegnierRobert RegnierVictor RegnierRobert Reinecke, MDRoger A. & E. Annette RiegerThomas H. RinehartAllyn W. & Jill Bogan RisleyEdward S. & Janis Dye RissMrs. Robert B. RissThomas A. & Janette RudkinFrank C. & Judith SabatiniDaniel L. Schriner &

Sally Hare SchrinerDick & Barbara ShawMr. & Mrs. Dolph C. Simons Jr.Linda Ellis Sims & Russ SimsJudy Slawson

R. Todd SlawsonAnn Kuraner SmithPack & Jill St. ClairAlice StatlandLinda & John T. Stewart IIIMarilyn J. StokstadMrs. Dwight D. SutherlandRobert D. & Kathie TaylorBeverly Gaines TiptonMartha Anne VarnesKen & Louise WagnonTeresa & Thomas WalshMr. & Mrs. Scott H. WardMr. & Mrs. Thomas S. WardThomas G. Wiggans II &

Kathryn WiggansDelbert L. & Barbara J. WilliamsonDean & Cheryl WolfeV. Cheryl WomackSir Robert M. WorcesterDavid C. & Kathryn L. WysongDavid S. Zamierowski, MD &

Marilyn Moffitt Zamierowski

Outlook SocietyCumulative outright giving of $500,000 or morePaul J. Adam Jr. &

Barbara Mills AdamMr. & Mrs. Kenneth G. AdamsDaniel W. &

Katherine Kimbell AlmanzaDavid J. Anderson, MDFern L. Badzin & James D. BadzinDavid & Lois BallFrank J. & Barbara BeckerSmitty G. & Donna BelcherJ. Robert & Janet B. BenzRobert M. BerenDonald R. Brada Sr., MD &

Kay Cromb BradaMrs. Jack R. BrosseauDr. David W. BrzoskaHerbert C. &

Bonnie M. BuchbinderJoseph A. & Annabel H. ChristyHoward E. & Debra L. CohenJerry B. & Catherine A. CohlmiaScott T.R. &

Elizabeth Green CoonsMr. & Mrs. Harry W. Craig Jr.Laura Shutz CrayTimothy A. & Heidi Jo CrownDr. Terrence Curran

These leadership donors have made generous contributions to KU Endowment, as recognized by their membership in our top giving societies. As loyal alumni and friends, they have given to sustain the excellence of KU and The University of Kansas Hospital both for today and for tomorrow. This Roll of Honor recognizes support during fiscal 2014 from more than 1,400 exceptional individuals.

Chancellors Club Roll of Hono r

26 Excellence Sustained

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Ryane & Bret DelkaJohn B. & Brenda DicusSteve & Maggie DixonMarlene DunwoodieR. A. & Terry B. EdwardsJohn & Rosy ElmoreDuane L. &

Elizabeth F. FagerMrs. George J. FarhaMrs. Hubert M. FloerschJ. Larry & Dana M. FugateTom & Kyle FutoHarry T. & Becky G. GibsonRichard D. GoppertJames GunnKirk & Kendall HaganMrs. H.D. HaleBill HannaCleo B. HarrisRoss C. &

Christine Ness HartleyEdward J. & Helen HealyRonald E. Hill, PE & Sue HillLisa Rinehart &

Larry C. HoffmanJane HollanderFran HorejsiLawrence V. HouchinsJoseph & Sarah JacksonA. Drue & Emily JenningsThomas K. &

Patricia L. JonesThomas N. &

Anne O’Donnell KellyDel KimballMichael & Michelle KimbellBrian C. &

Barbara McLiney KingBarbara L. & Robert A. KleistIrving KuranerKenneth R. LewisLaura Hartley Lintecum &

Frederick B. Lintecum, MDMr. & Mrs. Thomas G.

Lipscomb IIIDaniel H. & Margaret J. LoweDorothy Wohlgemuth LynchMichael B. &

Jeanine H. MaloneyBrian McClendon &

Beth Ellyn McClendonMr. & Mrs. Robert W. McCollWilliam R. & Ann E. McCortDouglas & Audrey MillerCourtney H. &

Phyllis Adams NasonWarren J. Newcomer Jr. &

Theresa C. NewcomerRoger & Coco NewtonBarbara NordlingRichard S. Paegelow &

Chris TangLaird G. Patterson, MDWilliam R. &

Carolyn Kunz PattersonRobert P. PeeblerWilliam B. PendletonDavid B. PittawayThomas J. Rasmussen, MD &

Lynn RasmussenMr. & Mrs. Jerry H. ReillyRoland L. & Winona Rhodes

Richard G. RossmanDru & Bill SampsonMrs. Robert A. SchroederDr. Elizabeth Avery SchultzJohn & Molly ShawverRichard L. SiasJohn & Barbara StaufferDr. Sherman M. SteinzeigDrs. Valentino J. & Beth StellaAlice Ann Jones StephensonMr. & Mrs. Clark D. StewartJon L. StewartGene W. &

Linda Beurman StubbsNoel SturgeonMr. & Mrs. Todd L. SutherlandCharles R. SwyersMr. & Mrs. William B. TaylorRobert L. &

Patricia Perkins TimmonsMr. & Mrs. Kyle D. VannClayton A. &

Margaret A. WalkerDaniel & Yvonne WallMarjean WerriesDouglas D. & Laura L. WheatRobert C. & Opal D. WheelerThe Hon. Robert &

Marlene WhittakerMr. & Mrs. Sam R. WillcoxonMr. & Mrs. David C. WittigJames P. Zakoura

Hill SocietyCumulative outright giving of $100,000 or moreConstance AchterbergDonald D. & Ann Wees AdamsMaurine AdamsVicki & Steve AdamsC. Roger AllenMark J. Allen, MD &

Louise Willing AllenRobert E. Allen Jr. &

Wanda K. AllenRobert J. Allison Jr. &

Carolyn G. AllisonMark AminJill & Darrin AndersenDrs. Craig A. &

Allison Head AndersonKeith AndersonMr. & Mrs. Robert J. AndersonRobert R. &

Melanie J. AndersonMatthew & Ann AnthonyMalcolm W. ApplegateJune Hope ArakawaDr. & Mrs. Kenneth B. ArmitageJames & Mary Ellen AscherDanforth W. &

Gail Davenport AustinM. Mac & Debra K. AustinWilliam E. & Nan Cook AxcellDr. & Mrs. Daniel L. Azarnoff

Gene & Pattie BaileyMike D. & Marta E. BainumPhillip L. Baker, MD &

Betty R. BakerRonnie Baker & Dierdre Baker

Melody & Joe D. BalentineRick BallJohn W. & Cynthia S. BallardDr. Patrick N. BarkerRichard & Patricia BarrStephen BatmanCharles W. & Joan B. BatteyJames & Shelby BauerMaynard P. BaulekeJoe & Joanie BaumanDane E. & Diane R. BearGary D. Beauchamp, MD &

Carolyn L. BeauchampLydia I. Beebe &

Charles E. DoyleScott & Deborah BeelerThomas D. BeiseckerDr. & Mrs. Randall C. BellCarol Askins Beller &

Patrick BellerRichard J. Bene Jr., MD &

Belinda Vail Todd E. & Mary Cole BensonDr. Chuck M. & Beth Noe BergHal J. & Eleanor L. BerkleyMike BerkleyPhyllis & Robert BernsteinBlake A. Biles &

Laura L. Sessums, MDMr. & Mrs. Richard A. BillingsBeverly Smith BillingsBarbara Johnson BishopAlan BlackBarry Theil &

Alice Russell BloomRandall J. &

Nancy Stinson BlueWayne J. & Patricia BoeckmanDouglas B. Bogart, MD &

Martha A. Bogart, PhDJohn E. & Grace M. BohannonPat & Linda BolenDick & Sue BondDr. Daniel C. BoonePaul M. Borchardt &

Susan Gatton BorchardtDr. & Mrs. Ronald T. BorchardtScott R. &

Julie Finger BorchardtMrs. Larry J. BordenRay L. & Raena L. BorthR. Dan & Dale P. BoulwareRobert D. & Gail F. BowlingNancy Lee BowlusTom & Judith Strunk BowserMichael R. BoyceBob & Mary Jane BoydMichael J. &

Susan Fink BradleyWilliam Bradley &

Roberta HardingJames E. BredfeldtR.J. (Jay) & Connie BreidenthalDerek & Mary BridgesJack H. BrierCyndee BrockCharles L. Brooks, MD &

Denise Toomay BrooksPat & Paula BrooksPaul BrooksDr. & Mrs. David James BrownJerry C. Brown

Kristen & Darby BrownPhillip S. BrownSteven & Martha BrownVirginia L. BrownWilliam W. & Sheila BrownJim & Terry BroylesLarry K. & Vicki L. BrubakerMr. & Mrs. C. Robert BufordJohn & Mary Ann BumgarnerRobert L. & Denita G. BurgessVincent G. &

Valerie Howard BurkeAnn BushJohn Bush

Elizabeth S. CaldwellWilliam K. Calhoun II &

Judith E. CalhounMrs. Albert D. CampbellGayla Carney &

Daniel M. CarneyFrancis E. CarrMr. & Mrs. Michael CarrNorman & Virginia CarrollEd C. & Becky H. CarterC.K. Rowland &

Teri E. CaufieldArnold CaviarBrian ChaffinJeffrey A. Chanay &

Kristin Anderson ChanayDan L. Chandler &

Patricia WilliamsMitchell C. & Susan K. ChaneyHak Soon ChangPaul ChangRichard B. & Marcia ChesneyRuth M. Chiga, MDMasakazu ChikiraThomas & Dorothy ChildersDr. & Mrs. Tom D.Y. ChinDaniel G. ChristieDavid J. ChristieRichard C. ClarksonJohn D. & Betty S. ClelandJoseph ClelandRaymond C. Clevenger IIIMr. & Mrs. Thomas R. ClevengerMr. Jack C. &

Dr. Rita Harris CliffordStephen R. & Barbara V. CloudRobert P. &

Janice Rogers CobbNorman L. &

Shirley D. CochranWalter Cofer &

Nicola HeskettBarry L. ColemanFaith & Dick ColemanTom & Jane CollinsonMack V. & Sara Clawson ColtBrian ComitoDouglas J. & Lara ComptonGail F. ComptonMrs. Robert D. ConnDaniel P. ConnealyMary Kathleen ConnellSteven R. & Linda Zarda CookTroy D. CookAllane CorcoranDr. Larry D. &

Marcia A. Cordell

27

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Dale C. CorderRobert & Karen CorderDonald L. CordesJoseph C. CourtrightDr. Glendon G. &

Karen Templeton CoxWilliam C. CrabbStephen J. & Joan Stover CraigCharles & Sandra CramAlan & Janice CravenHoward E. Crawford &

Norma K. CrawfordCloud L. Cray Jr.Sidney CulverDavid & Jamie CummingsDr. & Mrs. Richard J. CummingsKevin CunninghamCathleen S. CurlessDave & Carolyn Curnutt

Cathy DaicoffCarolee & Ronald DalyJoyce DamronWilliam A. DannKarin & Frederick DattelErwin & Esther Souget DavidCaroline Claymann Davidson

& Dr. Patrick G. DavidsonJoseph W. &

Leatha Sanford DavisonDonald A. & Carol A. DawsonDr. & Mrs. Howard A. DayJoseph DenkA. Jeffrey &

Sharon Fink DentonWilliam N. Deramus IVKent & Michele DeutschThomas R. DevlinT.S. & Alice M. DibbleCarolyn A. DillonRay E. Dillon Jr.Reed & Stacey D. DillonIda W. DixonJohn B. Dixon, MD William D. Dixon, MDXander DixonThomas & Marilyn DobskiThomas & Jill DockingRobert Dodson Jr.Dr. Kenneth &

Margaret Lincoln DonlanMrs. C.A. (Joe) DoolittleDr. & Mrs. John DoullJoseph L. & Sherry A. DowneyJohn E. & LaVivian A. DrakeGisela M. Dreschhoff, PhDGuy & Marilyn DresserRobert L. &

Marilyn Rockwell DriscollRichard Meyer Dubinsky, MDTom & Frances E. DudleyJames G. Duff &

Beverly L. DuffMr. & Mrs. Fred DunmireSara & Bob DunneRonald J. & Dawn M. DuttonLorraine & Steven Dykeman

Robert EckholtJohn M. & Mary Ann EdgarBarbara F. EhrlichJon Eicholtz & Barbara Eden

D. Mikel Elder, MDDavid S. & Debbi C. ElkouriKenneth S. &

Bonnie W. EllingtonNelson ElliottHoward & Crystal EllisStephen R. & Barbara EllsworthKelly Borchardt ElrodDr. Calvin EngelmannE. LaVerne & Marilyn EppDan J. & Jane W. ErtzJeffrey & Kim-Marie EvansRay D. & Sarah A. EvansSam & Terry Evans

Mary F. FahrerElizabeth Fink FarnsworthJohn S. FarrarMrs. David FaymanFranklin E. Fearing Martha J. FeeAnne Morrison FeighnerPaul M. FergusonGary L. & Susan K. FinchamKeith & Kathie FingerKathleen K. &

Robert M. FitzpatrickGregory & Lisa FlaxLeonard & Sheila FleskeJohn P. Fowler II &

Doris M. FowlerElizabeth M. FrakesDorothy FrancisSteve & Peggy FrankampWilliam E. FranklinDonald R. FraserHoward & Sharon FrickeCharles L. &

Diane Paris FrickeyLisa FrielDale & Connie FriesenDouglas A. Friesen, MDTim B. & Cindy L. FritzelDiane Shelton Fritzel &

Andy T. FritzelThomas S. Fritzel &

Dru Stewart FritzelDr. Dean E. &

Kathryn I. FritzlerPaul G. FryJames & Sherree Funk

Ilse GallowaySharon Perry GallowayCharles A. &

Patricia A. GarneyJohn M. Gatti, MD &

Tara M. GattiSandra W. Gautt, PhDBill & Cynthia D. GeigerWilliam & Susan GeigerJoyce A. GeneraliMr. & Mrs. Jeff GentryGunda I. Georg, PhDMichael C. & Vicki L. GermannPatrick R. Gideon &

Karen Ray GideonJ. Mark & Bridget GidleyMr. & Mrs. Donald W. GiffinJohn H. Gilbert, MD &

Ines Ascoles GilbertBobbie & Stephen Gish

Susan B. Glatt & Dennis J. Aguiar

Jimmie & Louise GleasonJohn & Karen GlickPhillip A. Godwin, MD &

Phoebe Schierling GodwinStanley & Carolyn GoldmanDrs. Glenn D. &

Joyce GoldsteinMr. & Mrs. Fred A. GollierRobert & Caroline GollierTheodore T. Gradolf II &

Barbara Truskett GradolfArnold R. Graham Jr., MDCarol GrangerBobby C. & Anne GrantWilliam & Mary GrantW. Thomas Grant II &

Jane Hedrick GrantGreg & Deanna GravesWilliam & Linda GravesMr. & Mrs. Donald GrayDavid A. Greenamyre &

Barbara S. RomzekLewis & Laura GregoryTroy A. GregoryGeorge F. GriebTeresa G. GriebTeresa M. GrimmMegan & Michael A. GrossmanStuart Grossman, PhD &

Harriet GrossmanGary L. Grunewald, PhDJoe & Pat Madden GrzendaJeff GueldnerMary-Elizabeth Guinness

Richard & Treva HadenDr. Scott Haesemeyer &

Dr. Jennifer L. LivingstonKenneth V. & Marilyn J. HagerMr. & Mrs. William R.

Hagman Jr.Christopher M. HahnRichard & Debra HaleBenjamin D. Hall, PhD &

Margaret Black HallDavid E. & Laura H. HallDonald J. Hall Jr. & Jill S. HallDoug & Judy HallEltrude Elliott HallRichard & Ann HallSterling & Jacqueline HallMr. & Mrs. William A. HallDr. William J. &

Elaine Thalman HallScott & Lisa HallierRobert K. & Doris A. HamiltonCharles & Judith HammondJeffrey & Kay HanesMuriel K. HannigCarol Cooper Hansen &

George E. Hansen, IIIEric L. & Lana Perry HansenPaul R. Hanson, PhD &

Yu Mi AhnDr. Gary L. HarbinTom & Jan HardyRichard R. &

Karen A. HargroveRick A. & Suzan HarringtonFrederick & Louise Hartwig

Stephen D. & Sheri Welter Hauck

John W. Hawkins, MD & T. Michele Hawkins

Larry & Frances HeckCharles L. &

Dorothy L. HedrickDebra L. Heidgen, MD &

David J. KingMax & Michele HeidrickRichard L. Heiny, PhD &

Suzanne N. HeinyDorothy M. HellmanRichard Hellman, MD &

Julie HellmanNancy Lindsey HelmstadterRex W. & Lisa J. HenochDr. & Mrs. W. Dean HenrichsWilliam H. Hensley &

Dana K. HensleyHarry & Cindy HeringtonLawrence Hickey Jr.Kathleen & David HigleyPeter T. & Jennifer E. HiguchiScott H. HilkeneHamilton & Traci HillJustin & Barbara HillStephen H. &

Marcia Hannon HillDennis E. & Marci HillhouseDick & Sue HimesJack D. & Glenda Evans HintonSteve L. & Jane Beach HippIrvine O. Hockaday Jr. &

Ellen Jurden HockadayReid F. & Mary Lynn HolbrookMark H. Holefelder &

Catherine Naughton HolefelderBill D. &

Carolyn Andrews HollandNancy HollandDavid N. &

Deborah S. HollowayBrent Holman, DDSDonald & Nancy HolmanRichard H. &

Elizabeth A. HooverThomas J. Horner Jr. &

Jacqueline A. HornerDrs. Daniel F. &

Martha L. HousholderSteven J. Howell, MDJohn HowiesonMarianne HudsonStephen R. &

Mary Ann Iliff HughesDorothy L. HulaKaren Sanders Humphrey &

Mark E. HumphreyMary Lou HumphreyDr. & Mrs. John D. HunkelerJoan Sherar Hunt, PhDMarsha L. HuntTodd & Ann HunterDavid HurlbutRuth HurlbutJo Sicking HurleyLogan HurstHarry P. Hutchens Jr. Elizabeth Ann Hylton

28 Excellence Sustained

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Marjorie M. IdolBarbara Irish

Roscoe G. Jackson II, PhDEric Thor & Alison B. JagerRich JantzAnn S. JanzenHarrison JedelDavid A. & Linda A. JenkinsElizabeth E. JenningsWynne R. &

Marchea K. JenningsNorge W. Jerome, PhDDr. & Mrs. J. Richard JohnsonKenneth & Amy JohnsonLarry & Peggy JohnsonLeland JohnsonWilliam C. Johnson Jr. &

Fran O’Brien JohnsonDonald A. &

Alice Ann Dowell JohnstonJoe B. &

Nancy Schehrer JonesThomas E. & Kay L. JonesKevin R. &

Nancy Hansen JonesBetsy & Maurice JoyLeonard W. Jurden IV &

Juliana R. Jurden

Marjorie H. KaffGregory J. &

Katherine Dunn KallosMr. & Mrs. John F. KaneEdward A. KangasDarren W. &

Teresa Cosentino KarstThe Hon. Nancy Kassebaum K. Richard KeelerLarry E. Keenan &

Patricia L. Degner-KeenanRobert W. KeenerE. Allen &

Barbara Hampton KelleyJohn & Muff KellyBruce & Carol KeplingerArlis Bergsten KerbyAndress & Marjorie KernickRonald & Loretta B. KetznerDavid KiersznowskiLouisette Genex KimYoung Chull Kim Dr. & Mrs. Lynn H. KindredAnne KindscherJames KindscherRobert A. & Deborah Y. KippMr. & Mrs. Frank H. KirkMichael & Julia KirkJoan KirkhamKurtis & Sally KleinJo Ann KlemmerPhillip & Laura KnightMr. & Mrs. Eric T. KnorrW. Robert Kohorst &

Shelley A. AllenThomas G. &

Polly KokorudaDr. Harwood G. KolskyRichard &

Debbie Vignatelli-KonzemRon A. KoppBradley G. Korell

Arlene R. KulpDavid & Carol Kyner

Tighe W. & Margaret Salisbury La Rue

Larry & Carol LadyAlma & Richard LahmMargaret Longwood LambMae C. LandauerDavid C. & Rebecca LaneyRichard D. Smith &

Sondra M. LangelRon LarimoreSteve LarsenLance LarsonThomas E. &

Nancy DeYoung LauermanWalt Launey, MD &

Bonnie E. LauneyDrs. Stephanie &

C. David LawhornBryan & Carol LawrenceJohn O. & Lois A. LeathermanMr. & Mrs. Mark S. LedomIngrid LeeElizabeth Leech &

Steven FrazierRonald T. LeMay &

Casondra C. LeMayJenny LetschBernard LevineHunter LewisJim W. LewisJim & Linda LewisDr. Mark F. & Susan M. LierzStephen & Terry LightstoneJohn V. Lindsey Jr. &

Janice L. ConnerDrs. Herbert B. &

Carol J. LindsleyJulie & Neal LintecumMr. & Mrs. Donald S. LocktonGeorgia Lou Loescher-JungeDr. William C. &

Joyce Ann LoewenJames K. & Beverly J. LoganLarry Kanter & Shelly J. LondonMazie Johnson LongMr. George Lottes &

Ms. Kari LottesC. Wayne LouderbackFrank T. Louk Jr. &

Carole E. LoukGeneen & Bryan LoveDr. & Mrs. G. Charles LovelandJohn & Glenda LowdermilkRobert W. & Mary Jo LoydDr. Barbara P. LukertJoseph H. & Penny P. LumpkinSusan & James E. LundJohn W. & Linda E. LungstrumWilliam C. & Betty J. LuskBruce A. & Michelle LutzAnna M. LyleDr. Michael F. &

Sarah J. LytleWilliam H. Lytle &

Rev. Nancy Jerome Lytle

Guy O. & Rosa Lee MabryRichard & Barbara MacArthurCharles E. Mackey

Mani M. Mani, MD & Rebekah K. Mani

Ronald & Barbara MannJulie & Danny ManningBary L. & Anita L. MarquardtScott D. MarsDrs. Connie M. &

Gene E. MarshDr. George W. &

Sandra M. MarshallLarry L. &

Barbara Criss MarshallGertrude Irene &

Kenneth MarsiJ. Alan & Debra MartinJohn B. & Bonnie MartinKatherine Beasley Martin &

Thomas B. MartinDr. & Mrs. Norman L. MartinPatricia J. MartinRichard E. MartinDrs. Kenneth A. &

Sheila A. MartinezLeon V. MasonJackie B. Massman &

Henry J. Massman IVMr. & Mrs. Charles E.

Maxwell IIIDavid J. McBride, PhD &

Carolyn D. McBrideTom & Meef McBrideRose Marie McCabeCarl & Lee McCaffreeGlenn E. McCannLynn L. & Madeline McCarthyRichard Eugene McClainMichael & Linda McClintickMary F. &

Michael L. McCormickDr. & Mrs. Michael T. McCoyJ. Gary &

Joann Watkins McEachenWilliam & Katherine McGillivrayMrs. Donald E. McGrath IIBarbara Artinger McHughKent S. &

Janet Martin McKinneySidney A. McKnight Jr., DDS

& Carole Popham McKnightCarrie & Casey McLineyJohn & Melanie McMillionMarilyn L. McNeishJay & Amy McNittBruce M. &

Patricia Mullen McPhersonMichael E. &

Belinda Brown McPhersonMary A. McRaeIrene Frances MeigsBilly Bert MeridithDr. Daniel F. &

Annie MerriamSarah E. Merriman &

Donna J. GeislerRichard B. MetteeRay & Anne MeynCharles D. MichenerDavid & Julie MikolsJohn D. & Nancy L. MilesDouglas C. Miller &

Susan Edwards MillerPhil Mills

John & Sandra MitchellJohn W. Mitchell Jr. &

Margaret Katherine MitchellPaul H. & Nancy M. MitchellMr. & Mrs. Lynn MitchelsonLester & Betty MitscherJohn H. & Cheryl L. MizeJohn W. & Karen A. MizeMrs. William H. MonroeAlbert S. & Connie MooreMr. & Mrs. Robert J. MooreJohn A. MoranMr. & Mrs. Bernard L. MorganDr. John & Meredith MorganTodd W. & Barbara A. MorganTodd E. & Kim L. MorgensternThomas Morris IIIJeff & Mary Margaret MorrisonMichael W. &

Marsha MorrisonMr. & Mrs. Richard L. MorrisonAndrea MosherGeorge R. Mrkonic Jr. &

Barbara M. MrkonicDaphne MuchnicChristopher D. &

Laurie L. Nutt MuderCharlotte A. MuellerMrs. Martha E. MuncyJohn & Denise MundyDr. J. Patrick & Jane MurphyKala A. Musick

Dr. John NalbandianRoger & Nancy NeighborsArthur V. NeisJeffrey & Lisa NelsonRobert C. Nelson, PhD &

Lois Adams NelsonJane Letton NettelsAlice & Matthew NeumanFrank Newby, PhDCharles & Catherine NewellBradley S. & Lisa M. NiederMichael C. Noland, PhD &

Karen Dicke NolandSallie Norton Dr. Jerry M. NossamanJoAnn M. NunninkRobert W. & Mary Nyquist

Nancy D. O’FarrellJohn D. & Linda Ward O’HaraLarkin & Kristin O’KeefeRichard S. &

Margaret F. O’NeillConrad R. OdellPatrick R. &

Brenda Jo Austin OenbringEileen Maloney OlanderMaynard F. &

Sarah D. OliveriusM. Lindsay OlsenO. A. Bud & Dixie Ann OlsonKalman A. OravetzDr. Mark & Susan O. OsbornGage & Mary OverallRichard & Virginia Owen

Kathryn PageRay & Stacey PaineRobert & Barbara Palan

29

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Dr. Kent E. & Marsha E. Palmberg

James M. & Beatrix B. PalmerMr. & Mrs. Stephen C. PalmerCharles L. & Alice ParcellDavid P. & Carol L. ParkerJohn J. & Nancy P. ParkerStacy & Mark ParkinsonDiane S. ParrishMr. & Mrs. Kenneth B. PearlTom & Janice PearsonPat & Cheri PeeryMr. & Mrs. Charles W. PefferVivian & Kelly PendergrassTed K. & Marlene M. PendletonWilliam J. &

Marlene VanGundy PennyJohn & Mary Claire PeppercornMichael & Sandra PerryJoseph A. & Susan E. PichlerWilliam A. &

Traci Gregory PickertDiana Carlin Pierron, PhDCarol & Leonard PimentalTom & Kathy PlimptonWilliam & Suzanne PlybonWilliam & Kathryn PollardAileen & Bill PollockMartha PoosMichael G. & Lori J. PorterNicholas K. &

Mary Ann PowellDick & Nancy PrattTodd E. & Colleen K. PreheimRobert & Margaret PrellwitzR. Steven & Martha PrestonJohn A. PriddleJohn & Ann Prosser

Dirk L. & Leslie Riss Raemdonck

Roger A. Rajewski, PhD & Lian Goei Rajewski, PhD

Jeffrey & Kelly RandallMr. & Mrs. Richard H. RaneyPerry L. Rashleigh, MDMark & Maureen RasmussenJeffrey & Susan RayMargaret S. & Connie J. RayVirginia H. RaylChristopher J. &

Rosalynn Finney RedmondJack & Jonya RedwineMarynell D. ReeceDouglas RegnierRachel Lipman Reiber &

Frank M. ReiberMr. & Mrs. Gilbert M. ReichCommissioner Edward F.

Reilly Jr.J.R. ReillyCathy Reinhardt &

Norman St. LaurentJim & Sandy RemsbergChris & Lisa RheaJay & Cynthia RichardsonMichael L. & Elaine P. RiggsJohn & Nancy RileyDavid & Jennifer RismillerLisa Cave Ritchie &

A. Scott Ritchie, IIIDavid D. Robb, PhD

Edward & Barbara RobertsIrv R. RobinsonJeannine V. RobinsonMr. & Mrs. John H. Robinson Jr.John A. & Nancy P. RodgersDarol & Karen RodrockJ. Edgar & Joyce RosalesEllen & Edward RoseDennis L. Ross, MD &

Ann M. RossMr. & Mrs. Stanton E. RossJan RothLandon H. & Sarah F. RowlandDave G. Ruf Jr. Dave & Jennifer RufJay P. RufJeannie H. RufPhil G. RuffinJohn B. Runnels, MDMs. Joanna RuppSteven & Lynn RusEmily RussellWilliam J. Russell III Ed & Laura Ryan

Dan & Nicole SabatiniJohn E. &

Alicia Laing SalisburyDavid SanfordMike & Cathy SannerChris & Joyce SaricksThomas W. &

Nancy SarowskiY. Sasaguri, MDJanet & J. William SaylerKent P. & Donna C. SaylorDonald D. SbarraElizabeth SchartzSuzanne & Dale SchlinsogDr. Paul R. &

Louise M. SchloerbRodger SchlotzhauerSusan E. SchlotzhauerWarren SchmidgallGregory & Linda SchnoseMary Ann SchreiberDonald & Ruth Ann SchwartScott A. & Shauna SchwartDr. Eugene W. &

Margaret SchwartzJames K. & Kelli L. SchwartzJoyce Tobiasen Schwartz, PhDJames H. &

Bonnie C. SchwartzburgGregory E. Schwerdt, AIA &

Laura A. SchwerdtGary R. ScottVicki J. SecrestDavid E. & Katrina SeitzBill E. Self Jr. & Cindy L. SelfMrs. Robert V. SellersDrs. Robert & Evelyn SenecalDale & Marianne SeuferlingRoger SevedgeCurt D. & Kay Stanley SeymourMr. & Mrs. Paul A. Seymour Jr.Mr. & Mrs. William H.

Shackelford IIIIma Kaye ShafferDrs. Timothy &

Julia Singleton ShaftelDr. Delbert & Carol Shankel

Stanley & Vicki SharpGeraldine ShieldsMichael G. & Joyce N. ShinnGary & Sandra ShofnerCarol Prentice &

David E. ShulenburgerLori F. & Chad J. SimmonsMr. & Mrs. Dolph C. Simons IIIDan C. Simons Sr. &

Trisha SimonsGrover B. & Mary E. SimpsonFred N. & Lilian SixSteve W. &

Becky Nettels SloanDonald E. SloanDr. Milo G. Sloo III &

Carol Ann SlooBrian L. & Cary L. SmithChristopher & Diana SmithDavid & Linda SmithE. Dudley &

Joyce Mortenson SmithMr. & Mrs. Glee S. Smith Jr.Jerry & V. Lee SmithLucille J. SmithSteven & Mary Beth SmithMr. & Mrs. Lee SmithymanLinda SmucklerCynthia Wehrwein Snyder &

Bruce E. SnyderMolly SnyderR. Lance SnyderDr. Sue & Mr. Drew SnyderMorton & Estelle SoslandTimothy & Marybeth SotosStefanie R. & Kevin P. SparksJeffrey & Jennifer SpencerCharles A. Spitz, AIA, NCARB &

Margaret Hundley Spitz, OTRMelissa Beeman Spratt &

Dennis P. Spratt, MDTerri SpringerSrinija SrinivasanIsaac F. Stallworth Jr.Laura Riss StanfordDr. Charles L. StansiferRoger D. &

Judith Duncan StantonMartha Cernich StantonRobert L. &

Lynne Gerlach Zoellner StarkMadeline StaufferMr. & Mrs. Myron D. SteckleinMazzie Lane StegerRobert L. &

Mary Kay StephensLisa StevensScott & Melinda StewartLisa Rossi & Scott M. StillmanH. Dean & Marlene StineSteve & Terri StineBob & Mary StinsonBill StolzerBill & Francie StonerDr. Robert E. StowellMonty & Catherine StreckerBarbara J. Phipps &

Robert J. StromJack L. Stuber, MD &

Barbara J. StuberMichael D. StultzMr. & Mrs. John S. Suhler

Dr. Daniel J. & Marcia G. Suiter

Janis Steinbrecher Sullivan Jacki SummersonTerry J. SutcliffePerry H. SutherlandTerry J. Sutton, MD &

Nancy C. SuttonWayne & Judith SwartzRobert R. Sweatt III &

Amy D. Sweatt

Hope & Marshall TalbotPete & Judy TalbottDeron & Shelly TaylorJack C. TaylorMatt & Paula TaylorOrley R. & Toni TaylorRick TaylorRon & Deb TeeterElden C.TefftArch W. Templeton, MD Patricia A. Thomas, MD &

Martin K. HaynesRobert M. &

Rebecca Myers ThomasGregs G. &

Mettie L. ThomopulosWillard B. &

Barbara L. ThompsonFrank L. &

Evangeline A. ThompsonMike & Karen L. ThompsonJeanne E. TillerJeanne Waymire TinbergMurli & Mona TolaneyKaren & Bill TownsleyMichael L. & Teresa TreanorDouglas & Karen Tyler

Laurence P. & Sheila A. Ullmann

Nelva R. Unruh

Jan F. van Sant, PhD Mr. & Mrs. Chester B. VanattaRobbie &

Madi Thornton VannamanRonald J. & Colae VecchieKevan A. & Gail Ellena VickJoanie Humes VignatelliS. Jane VoorheesJoseph Vosburgh

Mr. & Mrs. Thomas W. Wagstaff

Nancy Partin Wahl, PhD & Robert W. Wahl, MD

Gary A. Waldron & Carol A. Foster, PhD

Mr. & Mrs. Graham M. WalkerDrs. Elbert & Carol WalkerJames Lee Walker Jr., MD &

Kaely Jackson WalkerDavid M. WallMr. & Mrs. William E. WallWilliam J. Walsh Jr. &

Kate Mrkonic WalshDavid & Elyce WalthallLinda M. Walton &

John MullerRobert J. & Sharon M. Waner

30 Excellence Sustained

Page 33: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

John P. Ward Jr.J. Michael & Chris WaringDrs. Roger D. &

Linda D. WarrenKurt D. & Sue WatsonCharles & Shirley WaughDavid & Barbara WeaverWarren W. &

Connie H. WeaverWallace N. Weber, MDJohn W. Weigel, MD &

Mary L. WeigelBruce & Miranda WeilertMrs. James H. WeimerJohn S. & Glenna Long WeirJoseph & Clare WelchKathryn E. Welch, MD &

John A. WrightMax M. Wells, MD &

Gayle Hahn WellsDavid B. &

Jennifer Chaulk WentzTom & Anita WertzDr. & Mrs. Ken WertzbergerDavid & Sibyl WescoeGerald M. WhiteRobert M. WhiteThomas D. WhiteAllan & Edna WickerBruce L. WickertMr. & Mrs. Lewis WiensDr. Howard L. Wilcox Jr. &

Catherine E. Wilcox

Sue Grosjean WilcoxJohn & Trudy WilgersBrian & Joni WilkersonFred & Anne WilliamsKeri & Teri WilliamsRoy A. & Wanda J. WilliamsGeorge S. &

Beverley M. WilsonJeff & Vicki WilsonDonald C. Wilson &

Kimberly Lynn WilsonElizabeth Hartley WinetroubNancy WinterWinton A. Winter Jr. &

Mary Boyd WinterOsborne S. Wong, PhDRobert & Barbara WoodRay WoodsRichard D. &

Mary Linna WoodsRick & Lorie WornerRobert S. &

Barbara Bateman Wunsch

Robert YearoutLee F. YoungSharon Young

Dr. Alejandro & Lida Zaffaroni

Kathy & Stephen ZellerJ.E. Zimmerman

Senior VP for Communications and Marketing Rosita Elizalde-McCoy

EditorCharles Higginson

Art Director / DesignerSarah Meiers

Research & WritingCharles Higginson

Let’s be social

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www.kuendowment.org

Our missionKU Endowment partners with donors in providing philanthropic support to build a greater University of Kansas.

Our core valuesPassion for KU — The generosity of alumni and friends influences the very fabric of KU, helping the university advance the frontiers of knowledge. We are dedicated to serving the university and helping it achieve its aspirations.

Partnership with donors — Our donors empower us to accomplish our mission. We pledge to faithfully administer their gifts, adhere to their philanthropic intentions and respect their requests for privacy.

Perpetual support — The long-term vitality of KU represents our ultimate, unwavering goal. We strive to wisely invest funds and steward property, with the goal of achieving the greatest possible assurance of long-term financial support for the university.

People-centered approach — Our team of employees, trustees and volunteers guides our present and shapes our future. We seek to attract and develop the best talent, value each individual’s unique contributions and celebrate diversity as a strength.

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Produced by the Communications and Marketing Department of KU Endowment

Photography Mark McDonald, Brian Goodman,Lisa Scheller, Kelsey Kimberlin/ KU Marketing Communications

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31

Page 34: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

KU Endowment acquired 135 acres to make possible the development of Rock Chalk Park, the new home of KU track & field, soccer and softball, located in northwest Lawrence. It opened to competition in summer of 2014. The complex also includes a recreation center for the city of Lawrence.

Page 35: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders
Page 36: KU Endowment Annual Report · Yet, while we have met some goals, others remain. We still need enhanced funding for scholarships and graduate fellowships, to enable more future leaders

2014KU EndowmentAnnual Report