UNC Asheville Annual Report 2010-11
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Transcript of UNC Asheville Annual Report 2010-11
2010–2011 UNC Asheville annualreport
2 UNC ASHEVILLE 2010–11 ANNUAL REPORT
Anne Ponder Chancellor
Jane K.Fernandes Provost and Vice Chancellor for Academic Affairs
William K. Haggard Vice Chancellor for Student Affairs
seniorstaffUNC ASHEVILLE
John Pierce Vice Chancellor for Finance and Operations
Janet Cone Senior Administrator for University Enterprises and Director of Athletics
Christine Riley Chief of Staff
Lucien “Skip” Capone University General Counsel
Dear Friends,On behalf of the UNC Asheville community, I want to share my deep gratitude for your support. Through the generosity of our alumni, parents and friends—our university continues to succeed in our goal of setting the standard for excellence among liberal arts institutions.
Your selfless contributions have provided more than $2.7 million in gifts this past year, and our endowment now stands at more than $27 million. These gifts are critical to UNC Asheville’s continued success, now and in the future. And thanks to you, we are succeeding in so many ways.
This year, the university proudly celebrated the opening of the Wilma M. Sherrill Center, home to the N.C. Center for Health & Wellness, the 3,800-seat Kimmel Arena and offices and classrooms for the faculty and students of the Health and Wellness Department—UNC Asheville’s fastest-growing major. The Sherrill Center, and all that it makes possible, places UNC Asheville as a leader of statewide health and wellness initiatives while complementing the work of our faculty, staff, undergraduate researchers and community partners. Many of you were with us when the UNC Asheville Bulldogs hosted UNC Chapel Hill Tar Heels for the season opener in the Kimmel Arena in November; it was a proud moment for all of us.
The strength of the university’s liberal arts curriculum—and the value of its affordability—continues to be widely recognized in the college rankings from nationally respected organizations such as Princeton Review, Fiske Guide to Colleges, U.S. News and World Report, and Kiplinger’s Personal Finance Magazine.
According to the Collegiate Learning Assessment (CLA) study, which measures the value added of hundreds of universities from the freshman to senior year, our university’s seniors outperformed 95 percent of seniors from 1,500 other universities. This data verifies what we have known all along: That UNC Asheville students are well-prepared to become the innovators and leaders of our businesses, institutions and communities.
With your help, we can continue to prepare UNC Asheville students to create the future of our nation, by challenging them with an interdisciplinary education—one that develops their abilities to understand multiple perspectives, think critically, and lead the way. Through your support, the university will have a strong financial foundation to provide exceptional learning opportunities to the state’s most promising students.
Sincerely,Anne Ponder, Chancellor
2010–11 ANNUAL REPORT UNC ASHEVILLE 3
boards VOLUNTARY & ADVISORY
THE UNIVERSITY OF NORTH CAROLINA
board of governorsHannah D. Gage Chair Wilmington
Peter D. Hans Vice Chair Raleigh
Estelle “Bunny” Sanders Secretary Roper
Brent D. Barringer Cary
Atul C. Bhula (ex officio) Raleigh
John M. Blackburn Linville
Peaches Gunter Blank Nashville, Tenn.
R. Steve Bowden Greensboro
Laura W. Buffaloe Roanoke Rapids
Frank Daniels Jr. Raleigh
Bill Daughtridge Jr. Rocky Mount
Walter C. Davenport Raleigh
John W. Davis III Winston-Salem
James M. Deal Jr. Boone
Phillip R. Dixon Greenville
Dudley E. Flood Raleigh
Paul Fulton Winston-Salem
Ann B. Goodnight Cary
Clarice Cato Goodyear Charlotte
Charles A. Hayes Raleigh
James E. Holshouser Jr. (emeritus) Southern Pines
Adelaide Daniels Key Asheville
G. Leroy Lail Hickory
Ronald C. Leatherwood Waynesville
Franklin E. McCain Charlotte
Charles H. Mercer Jr. Raleigh
Fred G. Mills Raleigh
Burley B. Mitchell Jr. Raleigh
Marshall B. Pitts Jr. Fayetteville
Irvin A. Roseman Wilmington
Priscilla P. Taylor Chapel Hill
J. Bradley Wilson (emeritus) Durham
David W. Young Asheville
UNC ASHEVILLE FOUNDATION INC.
board of directorsJames W. Hegglund Chair Asheville
Charles H. Wood Jr. Associate Chair Asheville
Michael Andry Asheville
Douglas Bailey Asheville
Martha Boyd Asheville
William Boyum Asheville
Guadalupe Chavarria Asheville
Al Davis Asheville
Bob Davis Arden
J.W. Davis Asheville
Charles Frederick Asheville
Courtney Galatioto ’12 (Student Government Representative) Asheville
Mark Gibney (Faculty Representative) Asheville
Dianna B. Goodman Asheville
George Goosmann III Biltmore Forest
Alan Grant Asheville
David Hammett Fairview
Harry Harrison Asheville
John Kelso Asheville
John Kimberly Asheville
Craig Madison Fairview
Kelly Miller Asheville
George Morosani Asheville
Sally Mundt Asheville
Charles Nesbitt Asheville
Shon Norris Asheville
Kenneth Partin Asheville
Daniel Scannell Asheville
John Stevens (Faculty Representative) Asheville
Ronald Storto Asheville
David Sweatt Asheville
Rob Tatum (Faculty Representative) Asheville
Frosene Zeis Asheville
Ex-OfficioAnne Ponder, Chancellor
John Pierce, Vice Chancellor for Finance & Operations
2010 –11
4 UNC ASHEVILLE 2010–11 ANNUAL REPORT
boardsVOLUNTARY & ADVISORY
NATIONAL
parents councilAllison Brandy and David Scruggs Co-Chairs Winston-Salem
Becky Doyle Asheville
Ragan Folan and Mcdara P. Folan, III Winston Salem
UNC ASHEVILLE
board of trusteesJames R. Buckner ’71 Chair Suwanee, Ga.
Nathan Ramsey ’89 Vice Chair Fairview
Audrey Byrd Mosley ’74 Secretary Washington, D.C.
Philip G. Carson Asheville
David Cogburn, M.D. ’77 Asheville
Joseph Damore Pawley’s Island, S.C.
Courtney Galatioto ’12 (Student Government Association President) Asheville
Sue H. McClinton Asheville
Douglas Orr Jr. Black Mountain
Bruce Peterson Fletcher
Pat Smith Asheville
Virgil L. Smith Arden
Pamela M. Turner Asheville
Marilyn Foote-Hudson and Orlando Hudson Durham
Carla and David Greenfield Pittsburgh, Penn.
José-Marie Griffiths and Don King Chapel Hill
Lisa Isenhour Hickory
Joyce Watkins King and Gary King Raleigh
Kip Meadows Raleigh
Lisa Morse Asheville
Lydia and Baker Ndugga Chapel Hill
Obiageli and Joel Okoli Snellsville, Ga.
Maria U. Palmer Chapel Hill
Pam and King Prather Cary
Robin and Michael Smith Chapel Hill
Jamie and Joseph Young Morganton
Ex-OfficioAnne Ponder, Chancellor
William K.Haggard, Vice Chancellor for Students Affairs
Kimberly Newsome, Associate Vice-Chancellor for Student Affairs
Mary Chakales, Director of Special Programs
Julie Heinitsh, Director of Development
NATIONAL
alumni councilJames C. Carter ’00 Chair Asheville
Derek J. Allen ’93 Asheville
Tiffany Armstrong ’99 Garner
Barbara A. Baker ’71 Durham
Joseph M. Beckert ’88 Charlotte
Jason L. Boyles ’01 Charlotte
Athena Fox Brooks ’88 Fletcher
Ann Cagle ’86 Rock Hill, S.C.
R. Wiley Cash ’00 Bethany, W.Va.
Jasmin M. Gentling ’99 Asheville
Cerise Glenn ’99 Greensboro
Tarik Glenn ’06 Asheville
Steve A. Green ’01 Asheville
Neal D. Rhoades ’86 Raleigh
Betty Jones Seifert ’83 Cornelius
Myra Sims ’81 Abingdon, Va.
B. Smith Thomas ’73 Lawrenceville, Ga.
Ex-OfficioAnne Ponder, Chancellor
Kevan D. Frazier ’92, Alumni Director
2010 –11
Am
ount
in M
illio
ns
24
26
22
20
18
16
14
12
10
8
6
4
2
0
UNC Asheville Foundation UNC Asheville
Unaudited figures for 2010–11
Unaudited figures for 2010–11 Source: University Controller
Participation:
500,000
600,000
$700,000
400,000
300,000
200,000
100,000
003 04 05 06 0714% 11% 9.3% 5.63%
Am
ount
08 097.3% 6.3%
$133
,712
$133
.951
$661
,941
$142
,638 $2
65,4
88
$162
,762 $2
75,4
61
109.5%
25.6
14.813.6 13.1
14.9
16.7
19.5
23.6
5.4 4.7 4.55.1
5.4
5.6
6.1
7.1
9.4 8.9 8.6 9.8 11.3 13.9 17.5 18.5070603 05040201 08
21.8
7.3
14.509
23.9
7.5
16.410
27.8
9.2
18.611
28
$179
,640
8.3%
$27,806,5752011 endowedfunds
$209,641alumnisuport2011
7.0%
$209
,641
11
2010–11 ANNUAL REPORT UNC ASHEVILLE 5
0% Value of Real Estate
$0
5% Planned & Estate Gifts Matured
$137,492
36% Cash & Cash Equivalents
$980,636
2% Deferred Gifts
$46,742
4% Value of Gifts-in-Kind
$109,248
.2% IRA Gifts
$5,218
Unaudited figures for 2010–11 Source: Cumulative Fundraising Report * Reporting per CASE standards †Category funding not reported this year
2005–06 2006–07 2007–08 2008–09 2009-2010 2010-2011
Alumni $142,638 $265,488 $162,762 $179,640 $275,461 $209,641
Parents $52,660 $549,920 $79,617 $122,482 $105,763 $73,178
Other Individuals $2,184,150 $1,117,877 $1,534,945 $1,954,705 $512,788 $477,549
Trusts † † † $2,945,208 $232,046 $130,310
Foundations $280,750 $235,450 $853,115 $1,926,587 $1,251,904 $1,508,829
Corporations $329,014 $303,939 $1,005,255 $691,802 $752,992 $264,649
Government † † $253,800 $1,500,050 $0 †
Religious Organizations $1,500 $1,550 $1,284 $900 $1,080 $1,800
Other Organizations $57,865 $733,071 $698,558 $29,180 $77,859 $44,818
Total Outright Gifts $3,048,577 $3,207,295 $4,589,336 $9,350,554 $3,209,893 $2,710,774*
51% Pledge Payments
$1,382,361
2% Stocks and Securities
$49,077
2009
Looking Ahead... $10,581,045 — Value of multi-year pledge gifts to be fulfilled in the future
$3,017,304 — Total estimated value of estate and planned gift commitments that will be realized in the future
$2,710,774wheredogiftscomefrom?2011
$2,710,774waysofgiving2011
6 UNC ASHEVILLE 2010–11 ANNUAL REPORT
2010–11 figures audited by N.C. State Source: University Controller
2010–11 figures audited by N.C. State. Source: University Controller Total commitments include outright giving, planned giving (including wills) and outstanding pledges
2% Research
$1,675,779
5.5% Depreciation
$4,380,507
6.5% Public Services
$5,469,098
31.5% Instruction
$25,736,533
10% Operations and Plant Management
$8,356,236
11% Institutional Support
$8,767,008
8% Financial Aid
$6,548,372
9.5% Sales and Services, net
$9,583,282
3.5% Investments and Other
$3,532,985
17% Tuition and fees, net
$17,311,412
17% Capital Gifts and Grants
$17,086,447
4% Operating Grants and Contracts
$3,997,173
11% Non-capital Gifts and Grants
$11,075,078
5.5% Academic Support
$4,532,24115.5% Auxilliary Expenses
$12,743,590
4.5% Student Services
$3,819,400
2% Stocks and Securities
$49,077
38% State Appropriations
$38,524,091
$ 82,028,7682011 operatingexpenses
$101,110,471revenuebysource2011
2010–11 ANNUAL REPORT UNC ASHEVILLE 7
4% Unrestricted
$113,5523% Restricted
$75,620
14% Non-scholarship Endowment
$387,033
16% Financial Aid
$430,220
50% Buildings and Equipment
$1,360,717
3% NC Center for Health & Wellness
$75,069
7% Athletics
$183,684
1% NC Center for Creative Retirement
$31,520
2% Academics
$53,359
$2,710,774wheredogiftsgo?2011