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Letter from the President
Dear Friends and Colleagues,
While we often look forward to the quiet that summers in academia
bring, this summer has been anything but quiet! We've experienced many exciting changes here at the Foundation, starting with our new CIO, Sam Gallo. Sam started in his role on July 1 and has already hit the ground running. Please feel free to contact him directly with words of welcome for him and his family who recently moved to Maryland (sgallo@usmd.edu).
We experienced a remarkable moment in history when President Obama appointed our very own UMBC President Freeman Hrabowski as the Chair of the newly created President's Advisory Commission on Educational Excellence for African Americans (see article below). This appointment speaks to the quality of education and leadership Freeman provides.
I also want to welcome the University of Maryland, College Park's new vice president for university relations, Peter Weiler (see article below), who started his new role last month. I have known Peter professionally for many years and am happy to welcome him to Maryland. With his extensive background in both alumni relations and fundraising, Peter is well qualified to take on the considerable responsibilities of his new role.
At the System level, Joann Boughman has been appointed senior vice chancellor for academic affairs (see article below) starting this month. Our office enjoys a productive relationship with the Office of Academic Affairs, particularly in raising funds for the Chancellor's initiatives to improve efficiency and effectiveness, college access and completion, and STEM teaching. We look forward to working with Joann in continuing this work.
You may have noticed a new look to our newsletter this month, all thanks to our new editor Jess Gill, who joined our staff in July. As part of a new initiative to streamline our look, we have rolled out a new design for LeaderNotes which you'll soon see in our other communications as well. We also have a new e-mail address (info@usmf.org) from which all communications will be sent. Please add us to your address book contacts to continue receiving LeaderNotes.
Finally, you can see in the chart below that a majority of our campaigns have been completed, and that the two largest campaigns - UMB and UMCP - are within striking distance of completion. Kudos to those who are making this possible, despite the challenging economic climate.
As always, please contact me at raley@usmd.edu with any questions or comments. I hope you have a wonderful rest of the summer.
Sincerely,
Leonard R. Raley
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Campaign Progress Through 6/30/12
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Institution
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Announced
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Goal
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6/30/12
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Bowie
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11/08
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$15M
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$9.6M
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Coppin
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10/07
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$15M
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$8.7M
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Frostburg
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10/08
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$15M
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$18.7M
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Salisbury
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6/06
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$35M
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$40.5M
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Towson
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11/06
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$50M
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$55.5M
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UB
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3/09
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$40M
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$42.9M
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UMB
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10/07
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$650M
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$580.9M
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UMBC
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9/06
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$100M
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$123.4M
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UMCES
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11/07
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$8M
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$6.9M
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UMCP
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10/06
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$1B
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$977.9M
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UMES
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9/06
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$14M
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$16.2M
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UMUC
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2/08
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$26M
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$28.3M
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USM Federated
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-
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$1.7B
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$1.93B
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Investment Performance Through 6/30/12
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Endowment %
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S&P 500 %
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Composite Benchmark %
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80/20 %
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Latest Month
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1.9
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4.1
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1.9
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3.3
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CYTD 2012
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6.3
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9.5
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4.7
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8.1
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FYTD 2012
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1.5
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5.5
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-2.6
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6.1
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3 Yr AACR
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11.3
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16.4
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7.3
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14.7
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5 Yr AACR
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-0.1
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0.2
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-2.9
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1.8
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Chancellor William E. "Brit" Kirwan to Receive Maryland Public Service Award
The Maryland Chamber of Commerce will award the Maryland Public Service Award to Chancellor William E. "Brit" Kirwan on Wednesday, September 12th at a reception at the Samuel Riggs IV Alumni Center at the University of Maryland, College Park.
Dr. Kirwan will be honored for his years of leadership and the work he's done to strengthen the relationship between the state's public universities and the business community. Under Kirwan's leadership, USM has led several initiatives to advance Maryland's competitiveness in today's economic environment, has highlighted STEM needs in both education and the workplace, and has worked to further support university research and accessibility of education.
For more details, including registration information for the reception, please visit the following page.
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Joann Boughman Appointed USM Senior Vice Chancellor for Academic Affairs 
The USM has announced the appointment of Joann Boughman as senior vice chancellor for academic affairs, effective September 17.
Boughman is executive vice president of the American Society of Human Genetics and a former vice president for academic affairs and dean of the graduate school at the University of Maryland, Baltimore (UMB).
She succeeds Irv Goldstein, who led the USM Office of Academic Affairs since 2003. Nancy Shapiro, Associate Vice Chancellor for Academic Affairs since 2000, will serve as the Interim Vice Chancellor until September 17.
Boughman has a Ph.D. in medical genetics and a bachelor's degree in medical technology, both from Indiana University.
Please visit the following website for more details.
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President Obama Appoints UMBC President as Chair of National Education Commission
President Obama has named UMBC President Freeman Hrabowski chair of the newly created President's Advisory Commission on Educational Excellence for African Americans. The commission was founded as part of President Obama's goal for America to have the highest proportion of college graduates in the world by 2020.
President Hrabowski has already established himself as a leading figure in national education issues, with a focus on creating an experience that is both inclusive and successful for all college students. One of President Hrabowski's primary charges as chair of the commission is to lead a national dialogue on the education and achievement of African Americans from early childhood through adulthood.
More details can be found here.
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USMF Board Member Bob Milkovich Named President of Spaulding & Slye Investments
Chicago-based Jones Lang LaSalle has named Bob Milkovich president of its Spaulding & Slye Investments division.
Milkovich will lead the firm's in-house group, which identifies and executes investment and development strategies for JLL's employees and clients. He will continue to be based in Washington, D.C. Milkovich has been in the industry for over two decades, previously serving as regional director for the Mid-Atlantic and Southeastern Regions for the Archon Group, a real estate investment and asset management vehicle owned by Goldman Sachs. He has also served at Carr America and Leggat, McCall and Rubloff & Co. Please visit the following page for more details of his new appointment.
Milkovich is a Director of the University System of Maryland Foundation where he serves on the Real Estate Subcommittee of the Investment Committee.
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Peter Weiler Named New VP for University Relations at the University of Maryland, College Park 
UMCP President Wallace Loh has announced the appointment of Peter Weiler as the new vice president for university relations and president of the University of Maryland College Park Foundation effective August 22. With 25 years of experience, Weiler comes to Maryland from the University of New Hampshire where he most recently served as vice president for advancement and president of the UNH Foundation.
Previously, he was senior vice president for development at The Ohio State University and president of the OSU Foundation. He had a long career at The Pennsylvania State University, rising to senior associate vice president for development and alumni relations and then to vice president for development.
Weiler holds a bachelor's degree in psychology and a master's degree in higher education from the University of Vermont. He replaces Brodie Remington, who served as vice president for university relations for the past 12 years and designed and led the $1 billion "Great Expectations" campaign. Remington will stay on until the expected completion of the campaign in December 2012. To learn more about Peter, please visit the following page.
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Towson University to Receive $2 Million to Launch Math and Science Teacher Program
 Towson University received
$2 million in state and private grant funds to start a new program designed to increase production of science, technology, engineering, and math (STEM) teachers. UTeach, which emphasizes innovative teacher preparation in STEM fields, is based on a program first created at the University of Texas in Austin. The initial program more than doubled the number of math and science teachers at UT-Austin, and the UTeach model has now been implemented in 29 universities throughout the United States.
Towson is the first university in Maryland that has been approved to incorporate UTeach into their curriculum offerings, and will be the 30th university to offer UTeach. As the state's largest producer of educators, the grant money will allow Towson to develop a teaching model for future teachers in the STEM field. The program will be launched with $1.33 million from the Maryland State Department of Education and $680,000 from the Michael and Susan Dell Foundation. The University System of Maryland has also pledged $300,000 a year to operate UTeach at Towson.
Please visit the following page to learn more about the development of the UTeach Program at Towson.
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National Science Foundation Awards $5.8 Million Grant Supporting USM/Delaware Partnership for Climate Change Education 
The NSF awarded $5.8 million in funding for the Maryland-Delaware Climate Change Education, Assessment, and Research (MADE CLEAR) partnership to help prepare educators in Maryland and Delaware teach climate change science in the classroom. MADE CLEAR focuses on connecting Maryland and Delaware students with the world they live in, climate changes, and how it affects both states to help students make better informed decisions for a cleaner and more environmentally conscious future.
This award is one of six projects being funded through the Climate Change Education Partnership program. Last fall, the USM hosted an education leadership summit bringing various constituencies together to synthesize information and make recommendations based on data gathered through an NSF Phase I planning grant. The summit featured the 2012 Langenberg Lecture, delivered by John P. Holdren, director of the White House Office of Science and Technology Policy.
For more information on the award, please visit the following page.
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September 2012
Vol. 6, Iss. 4
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USM News Briefs
Appointment of Mary Ann Rankin
University of Maryland, College Park President Wallace Loh recently announced the appointment of Mary Ann Rankin as Senior Vice President and Provost. Rankin will start on October 1. She currently is CEO of the National Math and Science Initiative (NMSI) in Dallas. NMSI is a public-private partnership dedicated to expanding the pipeline of STEM (Science, Technology, Engineering and Math) graduates and STEM K-12 teachers.
Retirement of Gains Hawkins
Gains Hawkins stepped down from his post as Vice President of Institutional Advancement at the University of Maryland, Eastern Shore (UMES) on August 22. Hawkins spent more than 33 years in higher education, with roles as public relations director at UMES and Salisbury University. When Hawkins accepted the position at UMES in 2003, the university's endowment was $7 million; today it is valued at about $23 million, with a new campaign about to begin. We wish Gains the best for a long and rewarding retirement.
Janet E. Dudley-Eshbach Named One of Maryland's 30 Most Admired CEOs
Salisbury University's first woman President, Janet E. Dudley-Eshbach was named among Maryland's 30 Most Admired CEOs in 2012. Winners were selected based on their demonstration of strong leadership, integrity, values, vision, commitment to excellence, financial performance and ongoing commitment to their communities and diversity. A Latin American scholar who earned her doctorate from El Colegio de México, Dudley-Eshbach is a champion of international study. She created SU's Center for International Education and an English Language Institute. Today, students from 62 nations attend SU.
Richard Hill Appointed Director at USM's Institute of Marine and Environmental Technology (IMET)
Richard Hill has been appointed director of IMET, which is a joint research institute comprised of UMCES, UMBC, and UMB. A microbiologist whose current research focuses on biodiversity conservation and drug discovery, Hill is charged with continuing to develop IMET's reputation as a leader in marine and environmental science research.
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Trends in Philanthropy
Report: Charitable Giving Climbing Out of Great Recession-Fueled Trough
Charitable giving from individuals, bequests, corporations and foundations in the United States grew from about $287 billion in 2010 to more than $298 billion in 2011, an increase of four percent in current dollars, according to results released today by Giving USA Foundation. Giving to education rose four percent to nearly $39 billion.
Corporate America Behind on Philanthropy
A recent report from the Committee Encouraging Corporate Philanthropy (CECP) and The Conference Board indicates that worldwide corporate giving grew last year and is now approaching pre-recession levels. Corporate America, however, is at its lowest level of philanthropy since the 1970s.
In its annual Corporate Giving Standard (CGS) survey, the two organizations found that of their respondents,
60 percent had increased their total giving between 2009 and 2011, with
48 percent of companies doing so by more than ten percent.
A Ringing Endorsement for Student Phonathons
Any educational institution can set up a successful student phonathon program with some creativity and a modest investment, says the head of a community college foundation in Vancouver, Wash.
Millennials Tap Websites First for Info on Giving, Volunteering
Young adults are more likely to visit a nonprofit's website when looking for information about volunteer opportunities or giving. The 2012 Millennial Impact Report reveals that 65 percent of surveyed adults age 20 to 35 turn to the web when seeking information about a nonprofit; 55 percent rely on social media; and 47 percent prefer updates via e-newsletters.
Smartphones and mobile devices are making a significant impact on how millenials interact with nonprofits, which should help guide the future of engagement and giving strategies at non-profits.
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Staff News
Prospect Researcher Nell Thomas, who joined our staff in March, married her long-time fiancé Brandon Walker on May 19. Nell has taken her spouse's name, and is now known as Nell Walker. Congratulations to the newlyweds!
Jess Gill has joined the USM Office of Advancement as Communications Manager. She comes to us from the Smith School of Business at the University of Maryland, College Park, where she worked with part-time MBA students at the Baltimore campus. She has also worked for UC Berkeley in the Haas School of Business, as well as a freelance communications specialist and poetry intern. Jess has a BA in English from The College of New Jersey and an MA in Literary Arts Management from NYU.
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