uga foundation annual report 2013

2013 Annual Report

University GeorgiaFOUNDATION

of

Foundation Support StaffCindy Coyle, Executive Director and Chief Financial OfficerLisa Lee, Assistant to the Executive Director and Chief Financial OfficerKarin Usry, Assistant to the Board, Executive and Nominating & Governance CommitteesRyan Hitchins, Investment, Foundation Fellows and Real Estate CommitteesChrissy Moffett, Investment CommitteeElizabeth Prince, Finance & Compensation and Audit CommitteesChris Setzer, Costa Rica CorporationChip Stewart, Development & Public Affairs Committee

About the Front Cover and Above: Students from the UGA College of Public Health and the Georgia Regents University/University of Georgia Medical Partnership are trained and housed on the Health Sciences Campus (HSC) located on Prince Avenue in Athens. More than 800 students, faculty and staff are engaged in campus life at the HSC which was home to the historic U.S. Navy Supply Corps School for 57 years. The first UGA classes on the campus were offered in 2012.

3University of Georgia Foundation – Annual Report

Let ter f rom the Chairman - Bi l l Young, Jr. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Let ter f rom the President - Jere W. Morehead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Let ter f rom the President - Michael F. Adams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Development and Publ ic Affairs Commit tee Update . . . . . . . . . . . . . . . . . . . . . . . 7

Foundat ion Fel lows Commit tee Update . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Current Foundat ion Fel lows and Ramsey Scholars . . . . . . . . . . . . . . . . . . . . . . . . . 9

Real Estate Commit tee Update . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Investment Commit tee Update . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Finance and Compensat ion Commit tee Update . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Nominat ing and Governance Commit tee Update . . . . . . . . . . . . . . . . . . . . . . . . . 13

Audi t Commit tee Update . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Costa Rica Corporat ion Update . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Donor Funded Chairs and Professorships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Donor Prof i le: C.L . Morehead, Jr. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Donor Prof i le: J immy Als ton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

Facul ty Prof i le: Dr. Gregory Robinson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

Financial Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

Use of Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

Emeri tus Trustees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

Commit tee L is t ings and Past Chairs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

Board of Trustees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

Table of

Cont ents

Mission

The mission and purpose of the University of Georgia Foundation is to provide support for the teaching, research, public service and outreach programs of the University of Georgia by means of volunteer leadership and assistance in development and fundraising activities; fiduciary care for the assets of the foundation for the long-term benefit and enhancement of the university; and broad advice, consultation and support to the president of the university. The foundation shall operate as a cooperative organization in accordance with policies of the University System of Georgia Board of Regents.

Herty Field on North Campus is named for Chemistry Professor Charles Herty who introduced Georgia students to football. It is the site of the first intercollegiate football game ever played in Georgia on January 30, 1892 and hosted UGA home games until 1911.

4 University of Georgia Foundation – Annual Report

Dear Friends:

It is with great pride that I note the University of Georgia in fiscal year 2013 received more than $100 million in gifts to support scholarships, faculty, research, new facilities, infrastructure enhancements and a range of other needs across the institution. 2013 marks eight consecutive years in which the $100 million mark in gifts has been eclipsed, which is a tribute to those of you that continue to offer your generous support. With costs rising for tuition and living expenses, private gifts are essential to fill the gaps.

That is a very hopeful note on which to end my term. I have been privileged to work with a board that, in my opinion, is second to none. The depth and breadth of expertise gives us a winning group of professionals focused on a common goal of supporting and enhancing the University of Georgia’s academic mission.

As board members, we all recognize that our service to the University of Georgia is on behalf of our donors. As such, we are committed to the fiduciary care of funds entrusted to the foundation so that the institution realizes the maximum, long-term benefit. In reading the pages of this publication, you will see the foundation continues to achieve that objective and I hope you are pleased with our efforts.

We were all excited when Jere Morehead was named as the University of Georgia’s twenty-second president. President Morehead’s deep commitment to academics is well known and we stand ready and look forward to assisting his efforts to enhance the University of Georgia’s standing as one of America’s greatest public universities.

For the next two years, we are fortunate to have John Spalding as our new chairman. John’s family was instrumental in the formation of the University of Georgia Foundation 76 years ago and, in fact, the Spaldings’ generational roots extend to the university’s formative years. It is a great family tradition of gifts and service, and John has upheld a fine standard in making the University of Georgia the best institution it can be. I offer him my best wishes and unqualified support.

Sincerely,

Bill Young, Jr., Chairman

Letter from the

Cha i rm an

University of Georgia Foundation Chairman Bill Young, Jr. presents President and Mrs.

Adams with an etched glass reproduction of the university seal at the UGA Foundation’s annual

meeting in June. To commemorate his retirement, the foundation honored President Adams for 16

years of dedicated service to the university.


Letter from the

Pres i dentDear Friends:

On behalf of the students, faculty and staff of the University of Georgia, thank you for your continued generous financial support. The recent economic downturn has posed challenges for public higher education, but your support has helped us manage those challenges with minimal impact to the educational process.

In fact, the university’s endowment grew in 2013, as you will read in this report. Increasing the endowment must remain a focus of our efforts at the UGA Foundation, as there is no more important financial factor in our future success. Thanks in large part to your gifts, we are able to attract and retain world-class faculty and offer scholarships that result in many top students choosing the University of Georgia over the nation’s elite institutions of higher education.

I am confident that we will receive the level of financial support necessary to enable the University to reach new heights of excellence. It gives me great confidence to see the growing understanding among UGA’s alumni and friends that those who care deeply about this institution have a responsibility to support it financially.

I am grateful to the members of the UGA Foundation — volunteers who are dedicated to the mission of this institution. Their leadership is helping us establish UGA as one of America’s great public universities.

The opportunity to lead this university is a challenging and exciting one, and I look forward to working with you to accomplish our many goals.

Sincerely,

Jere W. Morehead22nd PresidentTerm beginning July 1, 2013

The Miller Learning Center is home to 26 classrooms that can accommodate 2,200 students and is a facility in which most UGA undergraduates will have at least one class during their time on campus.


The beautiful green spaces on North Campus have been favorite gathering spots for generations of UGA students for more than two centuries.

“As a Ramsey Scholar, I have had countless opportunities to develop my interests both inside and outside the classroom. Thanks to the Ramsey Scholarship, I spent last summer working directly with elephants on a sanctuary in rural Thailand, a once-in-a-lifetime experience that has fueled my passion for global health and animal care. The scholarship has pushed me to not only be a better student, but to be an engaging, open-minded and active global citizen.”

– Rachel PalegSilver Spring, Maryland

Ramsey Honors Scholar, Class of 2016Geography

Dear Friends:

For 16 years I had the privilege of serving the University of Georgia and experiencing the growth of our student body, our faculty and our campus. I am elated that we have a long list of beautiful new facilities, refurbished and expanded buildings, and green spaces that combine to make our campus one of the most beautiful and environmentally responsible in America.

I am exceedingly proud of the fact that, during my term, we attracted world-class faculty to the university and raised the academic bar for students to all-time highs. While there was a great deal of hard work that went into these accomplishments, your generosity is a primary reason they became reality.

I offer my sincerest thanks to you for helping to make the University of Georgia the great institution that it is today through your gifts to the University of Georgia Foundation. Your unwavering support in good economic times and bad was exemplary and I sincerely hope you will continue to share your gifts with the foundation and support President Morehead as you did me.

Thank you for the many kindnesses, good wishes and expressions of gratitude prior to my stepping down … I am humbled to have been your president and will cherish the years Mary and I have spent with you in Athens.

Sincerely,

Michael F. Adams21st PresidentTerm ending June 30, 2013

Letter from the

Pre s i dent


Development and Public Affairs Committee Update

2013 was an active year for the Development and Public Affairs Committee as members focused on fundraising efforts, communicating the foundation’s key messages and fostering donor relationships. The ultimate goal is to help the university’s development team secure gifts for scholarships, chairs, professorships and other vital needs.

While the Development and Public Affairs Committee fulfills much of its charge in support of the university as a singular entity, its day-to-day focus is on three main initiatives: fundraising, communications and the UGA Board of Visitors. As such, three subcommittees fulfill responsibilities across the noted areas.

The Fundraising Subcommittee worked to engage trustees in fundraising and “friend-raising” activities and to participate in university events with an objective of introducing the foundation to prospective donors and motivate giving. Trustees responded by staging or participating in more than 25 events in locales throughout Georgia, New England, Washington, D.C. and the Midwest among others.

The Communications Subcommittee managed the foundation’s public outreach efforts including oversight of writing, photography and graphic design of the annual report, the quarterly Chairman’s Newsletter, one-on-one donor communications, press releases and ongoing revisions and news updates on the UGA Foundation web site (www.ugafoundation.org.)

The Board of Visitors Subcommittee provides programmatic input and support for quarterly meetings of the UGA Board of Visitors where influential Georgians, those who may have limited familiarity with UGA, are invited to learn about the university’s economic impact, academics, athletics, new facilities and student life. Board of Visitors Subcommittee members serve as ambassadors for the university, sharing news with their constituencies about new developments at UGA.

Trey Paris – Chair

“The UGA Honors Program plucked me from a rural town in Southwest Georgia, introduced me to top-notch researchers in political science and international relations, and sent me to learn a new language in France and to intern for policymakers in Washington, DC. This level of access would have been impossible for a student of my background without the UGA Foundation’s support.”

– Cody KnappThomasville, Georgia

CURO Honors Scholar, Class of 2014International Affairs

Committee Activity

O vervie w

Private Support 2004–2013

0

20

40

60

80

100

120

140

$77.8

$96.9

$108.3 $106.4 $103.9

$110.8

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

$101.9

$126.2

$102.7

$117.3


Committee Activity

O ve rviewFoundation Fellows Committee Update

The Foundation Fellowship and the Ramsey Honors Scholarship are the top academic awards accorded students at the University of Georgia. The Foundation Fellows Committee works closely with the UGA Honors Program to identify the best and brightest scholars and to extend offers to those students who are also being recruited by renowned institutions such as Harvard, Northwestern, Stanford, etc.

As has become custom with the Foundation Fellows program, 2013 was a superb year. The incoming class includes 29 scholars – 22 of which accepted Foundation Fellowships and seven that were awarded Ramsey Honors Scholarships. More than 800 applications were submitted by top students from around the nation and all were among the very best at their respective schools. Those that earned Foundation Fellowships or Ramsey Honors Scholarships boast academic credentials that are nothing short of incredible.

In addition to the newest class, last spring, three scholars earned mid-term Foundation Fellowships. These awards are made annually to currently enrolled Honors Program students for outstanding academic achievement during their first two years at the University of Georgia. In sum total, this brings to 87 the number of Foundation Fellows and 27 the number of Ramsey Honors Scholars.

Mary Lou Swift – Chair

Interview weekend attracts the best and brightest students to UGA. Pictured with

Chairman Young (L-R) are Foundation Fellows Jeremiah Stevens and Bethany McCain and

Ramsey Honors Scholar Abigail Shell.

Among the 2013 graduates, students have moved on to prestigious destinations including Yale School of Medicine, Rockefeller University, University of California at Berkeley, Vanderbilt Law School and the French universities of Pau and Pays de l’Adour and Lyon Lumière. They have garnered scholarships including the Erasmus Mundus Graduate Fellowship and the Phi Kappa Phi Graduate Fellowship. Others have entered the workforce with McKinsey & Company, J.P. Morgan, Boston Consulting Group, General Motors, Caterpillar and the Woodruff & Whitehead Foundations among others.

The graduating class included a Goldwater Scholar (Buck Trible) and a Udall Scholar (Todd Pierson), two of the most prestigious undergraduate awards in the United States. They are joined by other undergraduate Fellows and Ramseys who hold the Truman (Smitha Ganeshan), Goldwater (Phil Grayeski, Marianne Ligon, Victoria DeLeo), and Udall (Sara Black) scholarships. The crowning achievement in 2013 came when Elizabeth Allan won a Rhodes Scholarship. She is the fourth Foundation Fellow to win a Rhodes in the last six years and is the twenty-third from UGA.

“As a Foundation Fellow, I have been able to meet the university’s top faculty, travel around the world and experience new cultures, and most importantly, meet and learn from some of the most amazing students at UGA.”

– Eytan PalteAtlanta, Georgia

Foundation Fellows, Class of 2016International Affairs

The freshman class of Foundation Fellows achieved an average GPA of 4.19 and an average SAT score of 1540*. The freshmen Ramsey Scholars compiled an average GPA of 4.14 and an average SAT score of 1527*.* Critical reading and math sections only


Class of 2014Yuliya Bila, Canton, GASara Thomas Black, Mountain Brook, ALJesse Yuen-Fu Chan, Hendersonville, TNSmitha Ganeshan, Alpharetta, GAJoseph Elliott Gerber, Lincolnshire, ILPhilip Joseph Grayeski, Bridgewater, NJOsama Shariq Hashmi, Augusta, GAAnisha Ramchandra Hegde, Snellville, GAPaul Alexander Kirschenbauer, Chattanooga, TNMarianne Morris Ligon, Clemson, SCDavid Richman Millard, Athens, GAClara Marina Nibbelink, Athens, GARachel Claire Sellers, Cumming, GABlake Elizabeth Shessel, Atlanta, GAJeremiah Hudson Stevens, Tunnel Hill, GAMatthew Telford Tyler, Atlanta, GAJacqueline Elizabeth Van De Velde, St.

Simons Island, GAKishore Pavan Vedala, Alpharetta, GACameron Saeed Zahedi, Alpharetta, GA

Class of 2015Joshua Andrew Chang, Duluth, GA

Savannah Elyse Colbert, Austin, TXMaria Gardner Cox, Peachtree City, GAMegan Elizabeth Ernst, Atlanta, GAParker Timothy Evans, Franklin, TNEilidh Geddes, Dunwoody, GASophia Helene Giberga, Covington, LAAllison Nicole Koch, Cedar Rapids, IARonald Jackson Kurtz, Duluth, GAMichael Tyler Land, Jasper, GAKameel Mir, Marietta, GASarah Aneese Mirza, Grand Island, NEGautam Rajhar Narula, Alpharetta, GADavis Reynolds Parker, Huntsville, ALCamir Neville Ricketts, Kingston, JamaicaJames Alexander Rowell, Valdosta, GAGrace Maastricht Siemietkowski,

Washington, DCJohn Henry Tab Thompson, Columbia, SCMegan Frances White, Johns Creek, GAAvery Elizabeth Wiens, Atlanta, GA

Class of 2016Caroline Grace Coleman, Orlando, FLAlexandra Rae Edquist, Alpharetta, GA

Lee Handly Folk, Nashville, TNKirstie Dolores Hostetter, Collierville, TNCaleb Alexander Ingram, Richmond Hill, GAShaun Henry Kleber, Atlanta, GATorre Elisabeth Lavelle, Macon, GAChristopher Thomas Lewitzke, Third Lake, ILKatie Ann Lovejoy, Charlotte, NCKelsey Jane Lowrey, Dunwoody, GASandip Kaur Minhas, Richmond Hill, GACaroline Elizabeth Moore, Myrtle Beach, SCMeredith Marie Flood Paker, Madison, WIEytan Aaron Palte, Atlanta, GARand Warren Pope, Barwick, GAHannah Mary Reiss, Dectaur, GAGiovanni Righi, Lawrenceville, GALeighton Michele Rowell, Sandy Springs, GAMadison Grace Snelling, Lexington, KYMinhyuk Michael Song, Lawrenceville, GAKarishma Sriram, Athens, GAJohn Bradley Stroud, St. Simons Island, GAKevin Hongyi Sun, Johns Creek, GATreva Chung-Kwan Tam, Roswell, GABert Ferguson Thompson, Jr., Macon, GALaron-Chenee H. Tracey, Lawrenceville, GA

Class of 2017Jonathan Paul Adelman, Marietta, GATristan Paul Bagala, Lockport, LACatherine Mahala Callaway, Johns Creek, GALaura Agatha Courchesne, Fair Haven, NJJonah Stephen Driggers, St. Simons Island, GANathan Andrew Farr, Knoxville, TNCarver Lowell Harris Goodhue, Athens, GAShuchi Goyal, Johns Creek, GAGlenn Anderson Jacoby, Social Circle, GASusan Margaret Jones, Hickory, NCHammad Ahmed Khalid, Duluth, GACharles Edward Leasure IV, Devon, PABruce Li, Milton, GAKrystal Lo, Marietta, GAVijeth Mudalegundi, Cumming, GATrang Xuan Nguyen, Madison, WIMorrison Robert Nolan, Stone Mountain, GAJustin Samuel Payan, Douglasville, GAGabrielle Antoinette Pierre, Kingston, JamaicaElijah Hunter Scott, Martinez, GAJason Patrick Terry, Atlanta, GALuke Tellis Thompson, Columbia, SC

Current Foundation Fellows

About the Ramsey Honors ScholarshipAs part of its mission to enhance educational opportunities for outstanding student leaders, the University of Georgia Foundation is proud to fund the Ramsey Honors Scholarship program, one of the most prestigious scholarships at the University of Georgia. Established in 2000 in honor of the late Bernard B. Ramsey, UGA class of 1937, Ramsey Honors Scholarships are awarded to exceptional students to support leadership development, study abroad opportunities, honors-level academic achievement and scholarship.

Current Ramsey Honors ScholarsClass of 2014Catherine Jane Backus, Oak Ridge, TNEmily Elizabeth Backus, Oak Ridge, TNVictoria Lynn DeLeo, Ft. Lauderdale, FLAmanda Jane Holder, Sag Harbor, NYStephen Edward Lago, Roswell, GAMariana Lynne Satterly, Watkinsville, GAPranay Kumar Udutha, Marietta, GA

Class of 2015Cody James Baetz, Cumming, GACarmen Orpinas Kraus, Athens, GATuan Anh Nguyen, Douglasville, GAAbigail Taylor Shell, Sharpsburg, GA

Class of 2016Melissa Carlene Cousins, Midland, GALauren Wesley Dennison, Maineville, OH

Berta Maria Franzluebbers, Watkinsville, GASamuel Thomas Johnston, Birmingham, ALSwayamdipto Misra, Martinez, GARachel Hana Paleg, Silver Spring, MDMihir B. Patel, Martinez, GAJuliana Jianquan Saxton, Marietta, GAKathleen Elizabeth Wilson, Beaumont, TX

Class of 2017Prentiss Rachel Autry, Hinsonton, GA Jacob Aaron Eden, Americus, GAKatie Michele Googe, Athens, GAMoira Elizabeth Fennell, Palm Beach

Gardens, FLErin Elizabeth Hollander, Athens, GAHeather Kimberly Huynh, Loganville, GAMegan Nicole Murphy, Grovetown, GA

About the Foundation FellowshipThe Foundation Fellows program seeks to foster a community of scholars and leaders by providing intellectual, cultural and service opportunities in an environment conducive to learning and personal growth through shared knowledge and experience.

Current Foundation

Fellows and Schol ars


Committee Activity

O ve rviewReal Estate Committee Update

The Real Estate Committee’s primary responsibility is to provide oversight of the foundation’s real estate transactions, ensuring properties are managed in ways that meet donor requirements and provide the greatest benefit to the University of Georgia. In sum total, the real estate committee manages gifts of real property to the foundation of $30.4 million.

Fiscal year 2013 was active in terms of transactions as improvement in the U.S. real estate markets helped spur sales in residential real estate and timber. During this time period, the foundation liquidated $906,638.00 of real estate and $157,740.00 in timber assets. The proceeds from these transactions are used, according to donor wishes, to benefit a number of different endowments at the University of Georgia.

The foundation also transferred 90 acres of land and timber assets located in an important archeological site to The University of Georgia to benefit both UGA and the State Museum of Natural History.

Charlie Williams – Chair

“The Foundation Fellowship has provided me with more opportunities than I could have imagined: whether bonding with amazing people or traveling to extraordinary places.”

– Chris LewitzkeThird Lake, Illinois

Foundation Fellows, Class of 2016Marketing and Public Relations

Soule Hall is the oldest residence hall in the Myers community, and is the only suite-style hall reserved for

non-freshman females. Built in 1919, Soule is best known for its Southern charm with rocking chair porches, large

kitchens and a central parlor for watching television and social gatherings.

The lobby of the Tate Student Center is one of the most popular places for students to take a break on campus during the school day.


Investment Committee Update

For fiscal year 2013 ended June 30, the foundation’s investment portfolio increased 13.6%, ending the year with a market value of just over $680 million. The investment portfolio outperformed its policy and actual indices for all relevant investment periods (one, three, five and 10-year periods.)

The asset allocation at the close of the fiscal year is illustrated below along with the long-term investment return history for the portfolio, net of fees, and performance by asset class.

Looking forward, we believe the portfolio is well situated for the current investment environment where dispersion of returns among investments has increased. Given our mandate to generate growth for spending, we maintain a bias toward equity-like investments, but continue to look for low-correlated assets that may boost returns while lowering the portfolio’s overall risk profile. The current asset allocation also serves to reduce portfolio volatility and should serve us well in the future.

Joe Frierson, Jr. – Chair

-25

-20

-15

-10

-5

0

5

10

15

20

25

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

-6.9%-5.8%

-1.6%-1.5%

20.3% 20.4%

10.7%12.7%

-23.96%

12.4%

21.1%

13.6%

Asset Allocation at June 30, 2013

DomesticEquity26.2%

InternationalEquity – 19.2%

AlternativeStrategies

30.2%

Fixed Income10.5%

U.S. TIPS – 2.0%

Cash – 0.5%Real Estate – 6.1%

Natural Resources – 5.3%

Long-Term Investment Return

0.10%

8.60%

-5.00%

-10% -5% 0% 5% 10% 15% 20% 25%

11.70%

13.60%

-0.40%

14.40%

23.00%

Cash

Natural Resources

TIPs

Real Estate

Alternative Strategies

Fixed Income

International Equity

Domestic Equity

Fiscal Year Performance by Asset Class


Committee Activity

O ve rviewFinance and Compensation Committee Update

The Finance and Compensation Committee is responsible for overseeing the foundation’s approximately $866 million in assets and managing foundation revenues from donor gifts and investment returns. In fiscal year 2013, the foundation provided the university with more than $68.9 million, of which, $8.9 million came from unrestricted resources. For details on the total $68.9 million in support provided to the University of Georgia by the foundation, see page 27.

The committee is most proud of its work in managing the $12.5 million unrestricted budget. This means working closely with university administration and in particular the provost, to provide support where university funds are not available.

The foundation’s fiscal year 2013 allocation of $8.9 million was applied as follows:

•$2.6millionfortheDivisionofDevelopmentandAlumniRelationsincludingcampaignsupport and funding for the UGA Alumni Association.

•$2millioninvestmentintheunrestrictedendowment. •$1.6millioninscholarshipsupport. •$0.9millioninUGAprograms/studentandfacultysupport. •$0.9millionforuniversityprogramssuchasspecialevents,commencements,etc. •$0.9millionforfoundationadministrativeexpenses.

Due to good investment returns, the foundation was able to provide additional funding to the university beyond the budgeted allocation of nearly $3 million. The funding will be used to support need-based and professional school scholarships, endowed professorships, study abroad scholarships, and the Washington, D.C. program for scholarships and to secure a permanent facility for the program. Ken Jackson – Chair

“I am blessed and humbled to be a part of a community of peers, advisors and faculty that support and encourage both my academic and my personal endeavors. Thanks to the Ramsey Honors Scholarship, I was able to spend eleven weeks of my summer living in Morocco, wandering through the bustling streets of old medinas, sharing in the traditions of locals, and pursuing my dream of studying Arabic in an immersive environment.”

– Kathleen WilsonBeaumont, Texas

Ramsey Honors Scholar, Class of 2016International Affairs and Economics

Much of the new construction that has occurred in recent years on South Campus has included improved pedestrian access

and lush green space such as that bordering several facilities including Marine Science, Dance, Pharmacy, Forestry Resources,

Ecology, Graduate Research and Hardman Hall.


Nominating and Governance Committee Update

The Nominating and Governance Committee evaluates and nominates trustee candidates and is responsible for monitoring the performance of all UGA Foundation trustees and advisory trustees. Nominations are based on, but not limited to: geographic location, ethnic diversity, giving capacity and professional skills. The committee is also responsible for monitoring matters involving corporate governance, compliance with ethical standards and making recommendations to the board for action in governance matters.

In fiscal year 2013, the committee vetted many qualified trustee candidates, and recommended those listed below to the full board. Each received unanimous confirmation.

Elected Trustees: •Garry Bridgeman is a first vice president, investments, and a private wealth advisor for Merrill Lynch. He previously served the

foundation as a trustee from 2005 to 2012. •Vic Corrigan, MD, who served the foundation for one term as an advisory trustee, is recognized as one of the nation’s top physicians

by U.S. News & World Report and is a partner in the Atlanta Cardiology Group. • Stephen Joiner is a regional managing partner, in the Southeast Division of Deloitte & Touche’s Mergers and Acquisitions Services

Group in Atlanta. •Steve Jones is a U.S. District Court Judge in Atlanta and past president of the UGA Alumni Association. In the latter capacity he served

as an ex-officio trustee of the foundation. •Cliff McCurry is a Chartered Property Casualty Underwriter (CPCU) who has been a vibrant force in the Savannah insurance and

business community for more than 40 years. •Barry Storey served one term as an advisory trustee and is co-owner of Hull Storey Gibson Companies, an Augusta-based real estate

acquisition, management and development firm. •Brenda Thompson, PhD, holds a doctorate in clinical psychology from St. Louis University. She is a longtime patron of the arts in

Georgia who serves on the board of advisors for the Georgia Museum of Art.

Advisory Trustees: •Mark Chandler is president and founder of Habersham Properties, an Atlanta property management and brokerage firm. •Richard W. Courts IV is vice president of brokerage services for Carter & Associates, the Southeast’s oldest and largest privately held

commercial real estate firm. •John Mangan is a Charlotte-based private investor and former All-SEC and All-America tennis player at UGA. •Ted McMullan is president and chairman of Atlanta-based Covington Investments, a privately owned firm whose related companies own and operate

senior living communities in Florida, Ohio and Tennessee. •Susan Donziger Sherman, is president of Susan Sherman Inc., a St. Louis, Missouri-based marketing, special events and public relations company.

We are honored to have presented these candidates for election and look forward to their service to the university and the foundation.

Dan Amos – Chair

Selig Plaza is located in front of Butts-Mehre Heritage Hall and honors Simon S. Selig, a generous donor to the University of Georgia. The Simon S. Selig Chair for Economic Growth in the Terry College of Business is endowed in the UGA Foundation. Simon’s son, Steve Selig, is an emeritus trustee of the foundation.


Committee Activity

O ve rviewAudit Committee Update

The Audit Committee is charged with overseeing policies and procedures essential to ensuring the financial integrity of the University of Georgia Foundation. The board’s consistent adherence to principles of ethical management and accounting has helped assure donors that their gifts are not only managed in accordance with their wishes, but in a manner that provides maximum benefit to the university.

Again this year, the foundation received an unqualified audit opinion. This is a tribute to the dedicated staff who work in the financial office of the foundation. The 990 tax return was reviewed and approved by the committee prior to submission.

The Audit Committee did request staff to prepare a Request for Proposal to seek services for the administration of current and future split interest agreements or deferred trusts. This resulted in the hiring of State Street to manage the portfolio.

We look forward to advancing this committee’s important work in 2014 and to confirming the responsible financial practices that are vital to ensuring the University of Georgia Foundation prospers and fulfills its mission of supporting academics at the university.

John McMullan – Chair

Each year hundreds of students gather in Tate Plaza to say “Thank You” to donors for helping them meet the costs of attending the University of Georgia. In 2013, students made signs, posed for pictures, created video greetings and signed cards expressing their gratitude.

“Being a Foundation Fellow has led to a college experience that I never imagined. Having the unique opportunity to learn about post-Apartheid South Africa and then see it was absolutely phenomenal. Traveling to South Africa lent a new window into understanding the country and its culture, a window I never imagined would be available to me.”

– Jesse ChanGoodlettsville, Tennessee

Foundation Fellows, Class of 2014 Accounting


Costa Rica Corporation Update

Ask any student or faculty member who has traveled to, and studied at, the University of Georgia campus in Costa Rica and almost all will tell you that it was one of the best experiences of their lives. Situated in the hills of San Luis de Monteverde, UGA Costa Rica provides a superb learning environment in which a broad range of degree studies are offered throughout the year. Course offerings range from the expected (ecology, biology, ornithology, Spanish, etc.) to those that might surprise you (dance, filmmaking, art and others.)

In 2013, aside from the traditional travel-study groups, UGA Costa Rica was privileged to host a visit by Costa Rica’s president, LauraChinchilla(inphotobelow/rightwitharmsfolded.)Sheandher staff toured the campus and heard a presentation on UGA Costa Rica’s successful efforts in environmental sustainability from General Manager Fabricio Camacho (at right in the same photo.)

In addition to President Chinchilla’s visit, UGA Costa Rica was honored to host Otton Solis, the Central American country’s former minister of planning and political economy, who taught two international affairs courses in the Summer International Studies Program.

UGA Costa Rica … a unique and special place and we are elated that it is made possible, in part, by the generosity of donors to the University of Georgia Foundation. For more information on the many wonderful programs at UGA Costa Rica, visit our web site: ugacostarica.org.

Gail Hunnicutt – President

Another “Bulldog point of pride” is evidenced in the fact that a significant milestone was recently achieved when students eclipsed 28,000 new trees planted as part of UGA’s carbon-offset reforestation program. Above, Franklin College Residential Dean Gene Wright and students measure saplings ahead of planting.

The UGA Costa Rica campus was honored by GoAbroad.com with the prestigious “Innovation in Sustainability Award”) presented at the Association of International Educators annual conference. GoAbroad.com recognized UGA Costa Rica for its core mission of studying, understanding, and embodying the interconnectedness of human society within the natural environment. The 155-acre campus is independently certified as a sustainable operation, achieving a score of 85% or higher in four central areas evaluated, including 100% in the assessment of employee relations and community engagement.


Donor Funded

Chairs and Professorships Endowed in the UGA FoundationSR VP Academic Affairs UnitsLouise McBee Professorship in Higher EducationZell Miller Distinguished Professorship in the Institute of Higher Education

College of Agriculture and Environmental SciencesAllan M. Armitage ProfessorshipGA. Power Professorship in Environmental Remediation & Soil ChemistryMichael A. Dirr ProfessorshipJohn Bekkers Professorship in Poultry ScienceRichard B. Russell Agriculture ProfessorshipRobert and Jean Fowler 4-H Agent EndowmentLund Professorship in Urban Entomology & Structural Pest ManagementGRA Eminent Scholar Chair in Crop GenomicsDistinguished Professorship in Agricultural MarketingD.W.Brooks Agricultural FundVincent J. Dooley Professorship in HorticultureAthletic Association Professorship in Environmental Turfgrass Franklin College of Arts and Sciences Patel Distinguished Visiting Professorship in Indian Musical ArtsAbraham Baldwin Professorship in HumanitiesWilliam F. & Pamela P. Prokasy Professorship in the ArtsMethvin Distinguished Professorship in Southern LiteratureHamilton E. Holmes ProfessorshipGeorgia Power Professorship in BiotechnologyUniversity of Georgia Foundation Professorship in the ArtsBarbara and Sanford Orkin GRA in Tropical and Emerging DiseasesUniversity of Georgia Foundation Professorship in Infectious DiseaseHaines Family Distinguished Professorship in Field Botany (Below Ground)Haines Family Distinguished Professorship in Field Botany (Above Ground)Ramsey GRA Eminent Scholar Chair in Microbial PhysiologyMildred Goodrum Heyward Professor of MusicArch Professorship in World Languages and CulturesJane Willson Professorship in ArtsNorman and Doris Giles GRA Eminent Scholar in GeneticsB. Phinizy Spalding Distinguished Professorship in HistoryJoyce and Carol Sterling - Goodman Professorship in EnglishGRA Eminent Scholar Chair in Structural Biology (X-ray Crystallography)Amanda and Greg Gregory Chair in Civil War EraGRA Eminent Scholar in BioinformaticsGeorge E. and Sarah F. Mudter Professorship in Cancer Research

E. Merton Coulter Professorship in HistoryDespy Karlas Professorship in PianoAlbert B. Saye Professorship in HistoryGRA Eminent Scholar Chair in Molecular Cell BiologyAnn and Jay Davis Professorship in Jewish StudiesHarry and Jane Willson Professorship in HumanitiesDavid Crenshaw Barrow Professorship in MathematicsJohn Olin Eidson Chair in American LiteratureCharles H. Wheatley Professorship in ArtsHelen Spencer Lanier Chair of EnglishWyatt & Margaret Anderson Professorship in the ArtsHugh Kenner ProfessorshipA.G. Steer Professorship in Goethe StudiesUGA Athletic Assoc. Distinguished Professorship in Biological SciencesLars G. Ljungdahl GRA Distinguished InvestigatorGary R. Sperduto Professorship in Clinical PsychologyAthletic Association Professorship in Arts & SciencesUniversity of Georgia Foundation Distinguished Professorship in MicrobiologyAnderson Professorship in Genetics, Dr. WyattGeorgia Athletic Association Professorship in Social SciencesUniversity of Georgia Foundation Distinguished Professorship in ChemistryJohn D. Boyd UGA Foundation Professorship in Choral MusicCovenant Foundation Professorship in Jewish StudiesLamar Dodd Professorial Chair of Art Fund Terry College of Business J. Rex Fuqua Distinguished Chair for Internet StrategySynovus Chair in Servant LeadershipSimon S. Selig Chair for Economic GrowthW. Richard & Emily Acree Dean and Professors Chair HoldingNalley Distinguished Chair in EntrepreneurshipEmily H. and Charles M. Tanner, Jr. ChairCoca-Cola Company Chair of MarketingL. Edmund Rast Professor of BusinessJames Don Edwards Chair in AccountingC. Herman & Mary V. Terry Distinguished Chair in Business Administration #1C. Herman & Mary V. Terry Distinguished Chair in Business Administration #2C. Herman & Mary V. Terry Distinguished Chair in Business Administration #3C. Herman & Mary V. Terry Chair in Business Administration #4C. Herman & Mary V. Terry Chair in Business Administration #5Charles S. Sanford, Sr. Chair of Business

Augustus H. “Billy” Sterne Chair in Banking & FinanceHerbert E. Miller Chair of AccountingNicholas A. Beadles Professor of EconomicsI.W. Cousins Professor of Business EthicsBradford McFadden Professorship of Personal Financial ManagementBernard B. & Eugenia A. Ramsey Chair of Private EnterpriseEarl Davis Chair in TaxationP. George Benson ProfessorshipRobert O. Arnold Professorship in BusinessGeorgia Bankers Association Chair of BankingHarold M. Heckman Chair of Public AccountingDudley L. Moore, Jr. Chair of InsuranceDaniel P. Amos Distinguished Professorship in InsuranceWilliam Harry Willson Distinguished ChairGeorgia Athletic Association Professorship in Terry College of Education Elizabeth Garrard Hall Professorship in Early Childhood EducationAthletic Association Professorship in Math and Science EducationWheatley GRA Chair in Technology-Based LearningE. Paul Torrance Professorship in Creativity & Gifted EducationGoizueta Foundation Chair for Hispanic Teacher EducationMary Frances Early Teacher Education ProfessorshipBebe Aderhold Professorship in Early Childhood EducationOmer Clyde & Elizabeth Parr Aderhold Professorship in Research MethodolgyOmer Clyde & Elizabeth Parr Aderhold Professorship in EducationGeorgia Athletic Association Professorship in Education

College of Engineering U. H. Davenport Professor of Agricultural EngineeringGeorgia Athletic Association Professorship in EngineeringUniversity of Georgia Foundation Professorship in EngineeringGeorgia Power Mickey A. Brown Endowed Professorship in Engineering

College of Environment and Design Dan B. Franklin Distinguished ProfessorshipConstance Knowles Draper Chair in Landscape ArchitectureGeorgia Power Professorship in Environmental EthicsAthletic Association Professorship in the College of Environment & Design


College of Family and Consumer Sciences Samuel A. & Sharon Y. Nickols ProfessorshipGeorgia Power Professorship in Fiber and Polymer ScienceAnne Montgomery Haltiwanger Distinguished ProfessorshipUniversity of Georgia Foundation Professorship in Family and Consumer SciencesJanette McGarity Barber Distinguished ProfessorshipBill and June Flatt Professorship in Foods and NutritionAthletic Association Professorship in Family and Consumer SciencesGeorgia Soft Goods Education Foundation Distinguished Professorship William P. “Bill” Flatt Professorship Warnell School of Forestry and Natural Resources Hargreaves Distinguished Professorship in Forest FinanceStuckey Timberland Distinguished Professorship in Forest Economics & TaxationWheatley GRA Chair in Water QualityHank Haynes GRA Eminent Scholar Chair in Forest Biotechnology Odum School of Ecology Odum Chair in EcologyGeorgia Athletic Association Professorship in the Odum School of EcologyUniversity of Georgia Foundation Professorship in Ecology

Grady College of Journalism and Mass Communication Lambdin Kay Chair for the Peabody AwardsThomas C. Dowden Professorship in TelecommunicationsWilliam S. Morris Chair in Newspaper Strategy & ManagementCarolyn McKenzie & Don E. Carter Distinguished Professorship in JournalismJim Kennedy Professorship #1Jim Kennedy Professorship #2Jim Kennedy Professorship #3Jim Kennedy Professorship #4Georgia Athletic Association Professorship in Grady CollegeJohn Carmical Distinguished Professorship in Sports Journalism and SocietyCarolyn Caudell Tieger Professorship in Public Affairs Communications School of Law Verner F. Chaffin Distinguished Professorship in Fiduciary LawA. Gus Cleveland Distinguished Chair of Legal Ethics & ProfessionalismAlex W. Smith Professorship in LawJustice Thomas O. Marshall Chair of Constitutional LawJohn Alton Hosch Professorship of Law #1

John Alton Hosch Professorship of Law #2John Alton Hosch Professorship of Law #3John Alton Hosch Professorship of Law #4John Alton Hosch Professorship of Law #5Marion & W. Colquitt Carter Chair in Tort & Insurance LawCarl E. Sanders Chair in Political LeadershipOtis A. Brumby Distinguished Professorship of First Amendment LawRobert Cotten Alston Chair in Corporate LawHarmon W. Caldwell Chair in Constitutional LawPope F. Brock Professorship in Professional ResponsibilityM.E. Kilpatrick Chair of Corporate Finance & Securities LawCharles H. Kirbo Chair in the School of LawAllen Post Professorship of the School of LawRogers Chair of Intellectual Property and Unfair Competition LawJohn A. Sibley Professorship in Corporate and Business LawHerman E. Talmadge Chair of LawEmily & Ernest Woodruff Chair in International LawFrancis Shackelford Distinguished Professorship in Taxation LawArthur K. Bolton ProfessorshipGeorgia Athletic Association Professorship in Law College of Pharmacy Terry GRA Eminent Scholar Chair in Drug DiscoveryRite Aid Professorship in Community PharmacyAlbert W. Jowdy Professorship in Pharmacy CareMillikan-Reeve Pharmacy ProfessorshipPanoz Professor of Pharmacy FundKroger Professorship in Community PharmacyAthletic Association Professorship in Pharmacy College of Public Health Georgia Power Professorship in Environmental Health ScienceErnest Corn Professorship of Infectious Disease EpidemiologyJohn A. Drew Professorship of Healthcare AdministrationUniversity of Georgia Foundation Professorship in Public HealthAthletic Association Professorship in Public Health School of Public and International Affairs Alexander M. Crenshaw Professorship in Public PolicyGolembiewski Professorship in Public AdministrationPhilip H. Alston, Jr. Distinguished Chair

Bertsch Directorship of the Center for International Trade and SecurityAlbert B. Saye Professorship of American Government & Constitutional LawGeorge D. Busbee Chair in Public PolicyGeorgia Athletic Association ProfessorshipArch Professorship in Public and International Affairs School of Social Work Hollowell Distinguished Professorship of Social Justice & Civil RightsThomas M. (Jim) Parham ProfessorshipPauline M. Berger Memorial Professorship

College of Veterinary Medicine GRA Eminent Scholar in Animal Health/Vaccine DevelopmentCaswell GRA Eidson Chair in Poultry MedicineHarbor Lights Chair Small Animal StudiesMarguerite Thomas Hodgson Chair of Equine StudiesBarry B. Harmon Professorship in Veterinary PathologyAthletic Association Professorship in Infectious DiseaseUniversity of Georgia Foundation Professorship in Veterinary MedicineEdward Gunst Professorship in Small Animal MedicineJames and Marjorie Waggoner Professorship of Small Animal StudiesFred C. Davison Distinguished University ChairOlive K. Britt-Paul E. Hoffman Professorship of Large Animal MedicineGeorgia Athletic Association Professorship in Veterinary MedicineJohn R. Glisson Professorship in Veterinary MedicineChair in Small Animal StudiesLalita and Raghubir Sharma Distinguished Professorship

VP for Research Units GRA Eminent Scholar Chair in Nuclear Magnetic Resonance SpectroscopyGRA Eminent Scholar Chair in BioenergyGRA Distinguished InvestigatorUniversity of Georgia Foundation Distinguished Professorship in Biochemical SciencesGene E. Michaels Chair in Medical Mycology

College Experimental Station GRA Eminent Scholar Chair in Animal Reproductive Physiology VP for Public Service and Outreach UnitsGeorgia Power Company Professor of Water Resources Policy


Donor Profile

C.L . Morehead , Jr .The Artistry of Flowers In its rich and storied history, the University of Georgia has produced many graduates who have achieved great success in the business world and who have become generous benefactors of the university. A gentleman who embodies such character is C.L. Morehead, Jr., an emeritus trustee of the University of Georgia Foundation.

Morehead is a kind and gentle man whose love of flowers and a UGA degree in horticulture, earned in 1950, provided the inspiration for a thriving business, Flowers, Inc. It is an enterprise in which he is still the majority owner today. He was an entrepreneur of the first order who, after volunteering and serving the U.S. Army as a mess sergeant on the front lines in the Korean War, decided to pursue a career that would allow him to indulge his passion for flowers while earning a paycheck.

It couldn’t have worked out better.

“I love beautiful things and flowers are absolutely beautiful,” he said. “I have loved them since I was a little boy.”

At a very young age he was growing flowers on the family farm where he grew up in Irwin County, Georgia and would landscape the outside of his parents’ home. He also put together special flower arrangements to dress up the house for Christmas, Easter and other special occasions.

His appreciation of flowers continued into young adulthood, when he entered Abraham Baldwin Agricultural College in Tifton and earned an associate’s degree in horticulture. The next step from ABAC, as it is popularly known, was to Athens, where, he stated emphatically, “I wanted to get my degree in two years, leave Athens and never come back.”

He achieved the first objective, but not the second. Morehead has long been a fixture in Athens business and on the campus at the University of Georgia. His impact on both has been immense.

From his first days working in a downtown Athens Flower Shop to starting Flowers, Inc., Morehead designed flower arrangements that caught the eye of Lamar Dodd, founder of UGA’s Art School which now bears his name.

“Lamar Dodd did a lot of entertaining in the old days and he loved flowers, so I did very elaborate arrangements for him and he liked them,” said Morehead. “He’s the one who made me understand that flowers are beautiful works of art in their own way. He took me under his wing and piped it into me, and then began to introduce me to the more traditional forms of art because I had really never been exposed to it growing up in south Georgia.

“Lamar is the one who helped me to understand the technical aspects of art and the history, both of which are fascinating. I used to go see him every day to learn about art and watch him work.” Morehead continued, “One day after I had achieved a level of success in the flower business I told him that I would be interested in buying some of his paintings.”

A big smile crosses Morehead’s face when he states, “Lamar looked at me and said, ‘young man, you don’t buy paintings, you acquire them.’”

C.L. Morehead with one of Lamar Dodd’s most famous gold leaf works.

“Crucified Sun” once hung in the Carter Center office of former President Jimmy

Carter in Atlanta.


Morehead took the message to heart and began acquiring Dodd’s works. He and Dodd had such mutual admiration that after a time, Dodd began to give Morehead works of art and personal memorabilia – medals, pins, trophies, ribbons and countless other awards he had accumulated over his remarkable life.

“I was embarrassed to take them,” Morehead admits, “but he insisted.”

The art collection alone has swelled to more than 800 pieces and it is evident that Dodd was fully aware of what he was doing. In Morehead, he had found the perfect caretaker.

Morehead made gifts to the Georgia Museum of Art that helped fund creation of the C.L. Morehead, Jr. Center for the Study of American Art to which he has promised his entire collection of Dodd’s art and memorabilia.

William Underwood Eiland, director of the museum, says what the humble Morehead will not.

“What C.L. has done for the museum and the university has been magnified many times … more than even he knows,” said Eiland. “We have many great supporters and C.L. is among the very best.

“Without his help we would be an entirely different institution. We would be much smaller, have a less ambitious agenda and would be less aggressive. With his faithful support of the museum – his financial gifts and his art collections – we are able to fulfill our pledge to achieve the university’s mission of teaching, service and scholarship.

“C.L. is one of our greatest donors and is a huge part of making possible all that we are today. He has changed not just the museum, but the entire university and all in his own quiet, modest way.”

As if to validate Eiland’s point, Morehead shrugs his shoulders a bit and says, “It makes me feel good to help.”

C.L. Morehead loves to host visitors eager to see his collection of Lamar Dodd’s works. He is pictured here with Mr. and Mrs. Carl Mullis III. Mr. Mullis is a former president of the Georgia Museum of Art’s Board of Advisors.


Donor Profile

J immy Alston A UGA Legacy with a Solid Foundation There is an expression that dates to antiquity, origin unknown, that says, “Behind every good man is a great woman.” Jimmy Alston is one who wouldn’t argue the point. Born in 1942 and raised in Atlanta, he made his way to the University of Georgia, where as a freshman, he was first introduced to his wife-to-be Gayle.

“When we were freshmen, Gayle was a sorority sister of Bunny Clarke and I was a fraternity brother of Clisby Clarke,” (yes, that Clisby Clarke of “Bulldog Bite” fame.)

“I was Clisby’s little SAE brother and Gayle was Bunny’s ADPi little sister. They introduced us, we had our first date, during which I didn’t say a word until I was dropping her off at the end of the evening. That’s when I worked up the courage to ask if she would go out with me again.

“We wound up dating all four years of college and got married,” he said.

48 years, three children and six grandchildren later (with number seven on the way) they’re still married.

“If it wasn’t for Gayle, I wouldn’t have made it through UGA … she made sure I was serious about my studies and made the grades to get my degree. There’s actually a lot in life I wouldn’t have made it through if it weren’t for her.”

Alston graduated with an ABJ in Advertising and Public Relations from the Grady College in 1966 and immediately entered the U.S. Army where he served in an aviation brigade in Vietnam. Honorably discharged in 1969, he came home to begin work as a real estate broker and later established a successful building products company that boasted 13 locations throughout the Southeast.

He sold the building products business in 2006 and now in retirement serves as chair of the John Huland Carmical Foundation, established by his longtime friend who was one of the rare few people to have lived in three centuries, passing away at the age of 104 in the first part of the 21st Century.

Late in his life, Carmical, himself a UGA graduate and student editor of the 1917 Pandora Yearbook, decided to establish a foundation to support his alma mater and appointed Alston as its chairman.

“Mr. Carmical was a great friend and a wonderful man,” said Alston. “It is a real tribute to him that through his foundation we were recently able to fund the John Carmical Distinguished Professorship in Sports Journalism and Society in the Grady College that is held by Vicki Michaelis.”

Jimmy and Gayle Alston are both 1965 graduates of the University of Georgia.


Separate from the Carmical Foundation, I’m also very proud of the fact that my mother established the Philip H. Alston Distinguished Chair in Political Science in the school of Public and International Affairs in my father’s honor,” Alston added.

Philip Alston was a UGA graduate, former head of the UGA Alumni Association and a trustee of the University of Georgia Foundation.

“That chair was established to help the university lure Zell Miller to Athens. He held the chair for a time before heading off to Washington.

“Today it is filled by Dr. Keith Poole and we’re very proud of the job he’s doing.”

Following in his father’s footsteps, Jimmy Alston served a term on the University of Georgia Foundation where he chaired the Foundation Fellows Committee.

“I spent four years attending interview weekend and the candidates competing for the Foundation Fellowship were truly exceptional,” he said. “The kids that make it to Interview Weekend are universally well-rounded, having achieved incredibly high GPAs with resumes of extracurricular activities that are remarkable.

“We would have students with GPAs of 4.0 and SATs approaching 1600 that didn’t even make the cut for Interview Weekend, that’s how remarkable they were.”

Alston believes that his timing couldn’t have been better when it came to chairing the Foundation Fellows Committee.

“Jere Morehead was head of the Honors and Foundation Fellows programs. He was very hands-on and, with the support of then President Adams, helped make the Honors Program one of the best in the country,” he said. “And I think David Williams has done a fine job in carrying that tradition forward.”

Alston also credits Morehead as the man behind the scenes that helped groom the very best students to compete for Rhodes Scholarships (of which UGA students have won an astonishing 23 over the years.)

“Knowing what I know of President Morehead’s work then, makes me confident that he will be an exceptional academic leader and that our future is bright.”

With support from graduates such as Jimmy Alston, there is little doubt his assessment is right on target.

Jimmy Alston, prior to his retirement, with then provost and current UGA President Jere Morehead at Alston’s former business office in Atlanta.


UGA Foundation Distinguished Professor in Chemistry

Sit down and chat with Dr. Gregory Robinson, the University of Georgia Foundation Distinguished Professor in Chemistry, and it doesn’t take long to realize he is a man who has found his calling. His enthusiasm for working in a laboratory with a team on groundbreaking discoveries, his genuine love of chemistry and his passion for teaching reveal a perfect fit.

Robinson got the chemistry bug early in life, growing up in Calhoun County, Alabama where his parents raised six children in a home that didn’t have indoor plumbing until he was 16. About the time water was finally flowing in the Robinson home was when young Greg was introduced to the “wonder of chemistry” as he calls it.

“I attended a high school that only a few years before had been segregated,” he said. “I had a great teacher who really sparked my interest … so much so, that even though I was only required to take one year of chemistry, I took two, and loved every minute of it.”

Robinson graduated high school with an excellent academic record and an equally impressive list of accomplishments on the school’s athletic teams. He quarterbacked the football team and played basketball and baseball at a high level.

His academic and athletic successes caught the eye of nearby Jacksonville State University which offered him a scholarship to play football, but they needed help at linebacker and thus his college years were spent on the defensive side of the line of scrimmage.

Robinson was good enough to draw inquiries from professional football teams, but it was not a mutual interest.

“I loved playing football, but I wanted to pursue a PhD in chemistry so I could teach and pursue research, which I did,” he said. “I attended the University of Alabama, and in 1984 I received my doctorate. I began my academic career at Clemson University.

“Along about 1995, Professor Bruce King asked me to present my research at Clemson to the Department of Chemistry at the University of Georgia. One thing led to another, and from there we soon found ourselves discussing the possibility of my joining the faculty at UGA. I accepted the job shortly thereafter and it has been the best professional move I have ever made.

“From President Knapp, through President Adams and now President Morehead, The University of Georgia has been fortunate to have leaders with the vision and courage to create an academic environment that allows so many of us involved in research to succeed.

“My research took off once I got to Athens and it is difficult to see how it could have prospered at any other university in the way it has here,” Robinson continued. “I am incredibly fortunate to have great, collaborative relationships in the chemistry

Faculty Profile

Dr. Gr eg ory Robinson


department, headed by Dr. Fritz Schaefer and Dr. Paul Schleyer. We have a very accomplished group of scientists here and I derive great benefit from having them as colleagues.”

He is quick to credit members of his own team and Dr. Yuzhong Wang (pictured with Robinson at right), senior research scientist in his group, for their role in synthesizing certain molecules that fundamentally changed the way modern science looks at certain aspects of chemical bonding. Their discoveries, while incredibly complex to the outside world, have been a revelation for chemistry in general.

“One could envision that these discoveries provide the building blocks for a large number of possible applications in the future,” he said. “What we synthesized in labs at the University of Georgia could one day improve pharmaceuticals or make computer chips run more efficiently, to name a couple of possibilities … but really the list of opportunities is almost endless.

“I like to use the analogy of lasers. When lasers were first discovered, there were no applications for them,” he stated. “Fast forward to today and lasers are ubiquitous, from the grocery store checkout to the hospital operating room.

“In this case, just as with early-day lasers, our team provided the building blocks for other scientists to apply that knowledge to the next levels of research and discovery.”

In his words, Robinson reveals a gift of being able to converse in the highest level scientific discussions, but also an ability to make the wonder of chemistry easy to understand for the layman – and his zeal for the subject is contagious. It’s part of what makes him a great classroom and laboratory instructor.

“In addition to teaching a graduate course in inorganic chemistry, I teach general chemistry to freshmen in the UGA Honor’s Program and it’s truly special,” he said. “I love to watch these very bright young people come into their first college chemistry classes, to field their questions and help them understand the answers.”

He’s found a home at the University of Georgia and is settled in for the long haul in Athens. He may have earned his undergraduate and doctoral degrees in Alabama, but UGA is the place that won his heart.

“I’m a Bulldog through and through,” he says with a big smile … and we’re glad he is!

Robinson and his wife Mona live in the Athens area and are the proud parents of sons Alex and Andrew.


Financial

S tat ementThe University of Georgia Foundation Financial Statement – Fiscal 2013

The University of Georgia Foundation is committed to identifying and cultivating sources of support for the University of Georgia’s academic mission and equally dedicated to the fiduciary care of those funds so that the institution realizes the maximum, long-term benefit.

With generations of gifts from donors and a strong record of fiscal discipline, the foundation’s ability to fulfill this objective has remained constant in good economic times and bad. The foundation is led by a group of knowledgeable and dedicated trustees with literally decades of professional experience in investing funds to enhance the value of capital holdings.

As has become an annual custom, the foundation’s investment performance once again outperformed its benchmarks and bettered major market indices. The strong investment performance in fiscal year 2013 added more than $78 million to the portfolio and gift receipts added another $55.3 million. Funding to the university set a new high at more than $68.9 million to support the university’s mission. The fiscal year ended with assets totaling approximately $866 million.

Donor generosity resulted in more than $70 million in new gifts, pledges and planned gifts being recorded this year to fund scholarships, chairs and professorships, travel-study programs, facilities enhancement and other essential needs.

Total Assets

UnrestrictedFunds

$79.4 million

Non-endowedFunds

$204 million

Deferred Funds$21.7 million

EndowedFunds$561 million

Located at 394 Milledge Avenue in the midst of fraternity and sorority row, Milledge Centre is home

to the University of Georgia Foundation.


Audit DisclaimerThe final audited financial report will be available for public viewing at the University of Georgia Foundation offices and on the web by September 30, 2013. (The numbers in this report represent the audited draft as of the date of publication.)

2013

LT Investment Portfolio $ 679,448,082

Other Investments 21,809,097

Cash & Equivalents 79,660,244

Real Property and Timber 29,587,773

Contributions Receivable 41,510,876

Beneficial Interest in Perpetual Trust 4,316,369

Construction in Progress 3,705,475

Other Receivables 1,479,276

Personal Property and Art 2,386,151

Other Assets 2,339,564

Total Assets $ 866,242,907

Accounts Payable $ 5,631,090

Deferred Affinity Contract Obligation -

Funds Held for Others 35,109,979

Deferred Gift Obligations 10,630,136

Notes Payable 5,697,543

Total Liabilities 57,068,748

Net Assets 809,174,159

Total Liabilities and Net Assets $ 866,242,907

2013

Contributions $ 61,686,342

Investment Return 79,312,992

Royalties 5,314,019

Other Income 9,798,753

Total Revenue 156,112,106

Scholarships & Fellowships 9,228,576

Donor Restricted Program Support:

Professor/Chair 2,975,719

Facilities 34,458,348

Research 425,453

Center/Institute 386,275

Athletics 893,105

Other University Programs 14,136,025

Foundation Operations 1,603,595

Alumni Association Operations 1,449,419

University Operations 4,696,494

Distributions to Beneficiaries 1,139,944

Other Expenditures 752,297

Total Expenditures 72,145,250

Change in Net Assets $ 83,966,856

The University of Georgia FoundationStatement of Financial PositionUnaudited and UnconsolidatedAs of June 30, 2013

The University of Georgia FoundationStatement of ActivitiesUnaudited and UnconsolidatedFor the Year Ended June 30, 2013


Donor Gifts

For 76 years, the University of Georgia Foundation has been a primary entity through which donors offer gifts to the university. In fiscal 2013, donors committed more than $70 million in new gifts and pledges to the foundation. Gifts are defined under two broad categories; restricted and unrestricted.

Restricted gifts are funds the donor designates for a specific use. Those funds may be used only as the donor intends and may not be applied elsewhere. For instance, if a donor makes a contribution to fund a specific chair or professorship, their funds may not be used for any other purpose. These contributions are deposited across approximately 2,900 separate funds managed by the foundation and disbursed as needed per donor wishes.

Unrestricted gifts are those that are not designated for a specific use by the donor, but instead are provided for the university to use where needed. Unrestricted gifts are extremely valuable, because they provide tremendous flexibility in that such funds can be applied to meet an immediate need or an unexpected university expense.

Academic Support20.2%

Athletics**23.3%

Property, Buildings & Equipment20.1%

Faculty and StaffCompensation6.5%

Student Financial Aid*6.7%

Other Restricted Purposes0.7%

Unrestricted4.1%

Library0.8%

Public Service & Extension2.8%

Research4.5%

Total Giving by PurposeFor Fiscal Year Ended June 30, 2013

Use of

Fun ds2013: The University of Georgia Foundation realized a budget surplus of $3.3 million at the conclusion of fiscal year 2013. At the request of President Jere Morehead the foundation allocated those funds for need-based and professional school scholarships, faculty support and for acquisition of a proposed facility to house the university’s Washington, DC program.

2013: The University of Georgia launched the Gateway to Georgia Scholarship Program in fiscal year 2013 to provide new support for general and merit-based scholarships, and to create a new source of funding to meet the increasing needs of students who are academically qualified but have financial circumstances that might otherwise prevent them from pursuing a UGA degree.

2013: The Legacy Endowment of the University of Georgia Foundation Trustees was conceived in 2006 as an endowment funded exclusively by trustees and emeritus trustees of the foundation and designed to meet immediate needs of the university. The Board of Trustees later designated the Legacy Endowment for the exclusive support of the university’s Washington, DC program. At the conclusion of fiscal year 2013 the endowment’s balance stood at approximately $700,000.

Unrestricted $4,851,890Academic Support $23,683,519Faculty/StaffCompensation $7,661,818Research $5,243,114Public Service & Extension $3,311,916Library $957,306Student Financial Aid* $17,063,583Athletics** $30,078,408Property, Building & Equipment $23,590,927Other Restricted Purposes $838,084

Total Giving to UGA and Related Entities $117,280,565

* includes Athletic Scholarships** includes ticket priority in addition to general athletic support


Total Expenditures by CategoryAs a Percentage of the Total for the Fiscal Year Ended June 30, 2013

Supporting the University’s Academic Mission

In fiscal year 2013, the foundation provided funding for the university’s academic mission totaling more than $68.9 million to support building projects, scholarships, faculty salaries, research projects, and to pay for other vital campus needs.

The foundation’s ability to provide funding for such a broad range of worthy programs is only possible because of the generosity of donors who understand the importance of enhancing the university’s academic mission and give accordingly. That ongoing support is helping the University of Georgia enhance its standing as one of the nation’s great institutions of higher education.

The University of Georgia Foundation’s commitment to enhancing the University of Georgia’s academic mission is validated in the chart above that shows the tremendous growth in support provided to the university in the last decade.

UGA Foundation’s Support of UGA

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30

40

50

60

70

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

$24.8

$2.66

$33.0

$0.71

$26.2

$0.68

$27.9

$0.24

$34.0

$2.34

$33.9

$1.79

$50.6

$68.9

$19.13

$34.5$40.0

$8.78

$41.0

$6.06

Total support to the University of Georgia (in millions)

Total facility support to the University of Georgia (in millions)

Facilities Support: 48.7%

Alumini Association1.0%

UGA Programs/Operations2.1%

Scholarships & Awards: 14.4%

General Support - UGA

21.1%

Athletics Support: 1.3%

Professor/Chair Support: 4.2%Distributions to Beneficiaries: 1.6%

General Operations - UGAF: 1.1%

Research Support: 0.6%Center/Institute Support: 0.5%

External Affairs2.8%

Other Expenditures0.6%

FY2013 FY2012Professor/ChairSupport $2,975,719 $3,045,604Facilities Support 34,458,348 5,868,472Research Support 425,453 989,475Center/InstituteSupport 386,275 657,045Athletics Support 893,105 424,820Scholarships & Awards 10,220,193 10,366,055General Support - UGA 14,972,579 15,515,179UGAPrograms/Operations 1,487,276 1,252,884External Affairs 1,974,126 1,271,040Alumni Association 739,168 1,154,952Other Expenditures 398,536 450,834

Total Program Support 68,930,778 40,996,360

Distributions to Beneficiaries 1,139,944 1,156,901General Operations - UGAF 753,219 818,424

Total Expenditures $ 70,823,941 $ 42,971,685

Total Expenditures by CategoryFor the Fiscal Years Ended June 30, 2013 and 2012


B. Heyward Allen, Jr. B. Allen & Co., Inc.Athens, Georgia

John G. Alston, Sr.JGA CapitalAtlanta, Georgia

Peter A. AmannMerrill Lynch Private Banking & Investment GroupAtlanta, Georgia

Robert E. Argo, Jr.J & B Holding CompanyAthens, Georgia

W. Franklin Barron, Jr.Rome Coca-Cola (Retired)Rome, Georgia

Earl D. BarrsKnapp-Barrs & Associates, Inc.Cochran, Georgia

James D. Benefield, Jr.Atlantic National BankSt. Simons Island, Georgia

Robert BenhamSupreme Court of GeorgiaAtlanta, Georgia

Howard E. Benson Benson’s, Inc.Athens, Georgia

Gary K. BertschUniversity of GeorgiaAthens, Georgia

Robert D. BishopSunTrust BankAthens, Georgia

James H. BlanchardJordan-Blanchard CapitalColumbus, Georgia

David E. BoydIntegro Insurance BrokersAtlanta, Georgia

Jenny Lynn BradleySavannah, Georgia

W. Waldo BradleyBradley Plywood CorporationSavannah, Georgia

Maxine H. BurtonBurton + Burton, Inc.Athens, Georgia

James E. Butler, Jr.Butler, Wooten & Fryhofer, LLPColumbus, Georgia

Charles E. CampbellMcKenna, Long & Aldridge, LLPAtlanta, Georgia

Clifford S. Campbell, Jr.Bank Minders, Inc.Thomasville, Georgia

Wicke O. ChambersSpeechworksAtlanta, Georgia

J. David ChathamChatham Holdings CorporationAlpharetta, Georgia

Maxine ClarkBuild-A-Bear WorkshopSt. Louis, Missouri

John L. ClendeninBellSouth Corporation (Retired) West Palm Beach, Florida

Rachel Cosby ConwayHouse Parts, Inc. Atlanta, Georgia

Frederick E. CooperCooper Capital, LLCAtlanta, Georgia

Alston D. Correll, Jr.Atlanta Equity Investors, LLCAtlanta, Georgia

Lynda B. CourtsMetro Atlanta Chamber of CommerceAtlanta, Georgia

Richard W. Courts IIAtlantic Investment CompanyAtlanta, Georgia

Thomas G. CousinsCousins Properties Inc. (Retired) Atlanta, Georgia

Carlton L. CurtisCoca-Cola North AmericaAtlanta, Georgia

Chester C. DavenportGeorgetown Partners, LLCBethesda, Maryland

Jay M. DavisNational Distributing Company, Inc.Atlanta, Georgia

Beverly F. Dolan First Union National Bank (Retired)Charlotte, North Carolina

Vincent J. DooleyUniversity of GeorgiaAthens, Georgia

Thomas C. DowdenDowden Communications, Inc.Cashiers, North Carolina

Robert G. EdgeAlston & Bird, LLPAtlanta, Georgia

J. Don EdwardsTerry College of BusinessAthens, Georgia

William W. EspyThe Espy CompanyAtlanta, Georgia

Marcus FechheimerUniversity of GeorgiaAthens, Georgia

Norman S. FletcherBrinson, Askew, Berry, Seigler, Richardson & Davis, LLPRome, Georgia

Edgar J. Forio, Jr.Bank Executive (Retired)Atlanta, Georgia

S. Taylor GloverTurner Enterprises, Inc.Atlanta, Georgia

R. A. Griffin, Jr.Griffin CorporatonValdosta, Georgia

F. Sheffield HaleAtlanta History CenterAtlanta, Georgia

Ben H. Hall, Jr.Dublin Construction Company, Inc.Dublin, Georgia

Joe Frank HarrisHarris Georgia CorporationCartersville, Georgia

Pierre HowardThe Georgia ConservancyAtlanta, Georgia

Julie E. HuntJ H Services, Inc.Tifton, Georgia

M. Douglas IvesterDeer Run Investments, LLCAtlanta, Georgia

Stiles A. Kellett, Jr.Kellett Investment CorporationAtlanta, Georgia

Martin E. Kilpatrick, Jr.Blackshaw PartnersAtlanta, Georgia

George-Ann W. KnoxAugusta, Georgia

Shell H. KnoxAugusta, Georgia

Wyckliffe A. Knox, Jr. Kilpatrick Townsend & Stockton, LLPAugusta, Georgia

James L. LaBoon, Jr.Athens First Bank & Trust CompanyAthens, Georgia

Jane Darden LanierAtlanta, Georgia

Thomas W. Lawhorne, Jr.Columbus Cardiovascular Surgery PCColumbus, Georgia

Richard N. LeaAttorneyAtlanta, Georgia

Betsy T. Leebern Columbus, Georgia

Earl T. Leonard, Jr.Terry College of BusinessAtlanta, Georgia

Michael P. MarshallGeorgia Capital, LLCAtlanta, Georgia

F. Abit MasseyGeorgia Poultry Federation, Inc. Gainesville, Georgia

M. Louise McBeeAthens, Georgia

Richard B. MeansMeans Atlanta Properties, LLCAtlanta, Georgia

Dudley L. Moore, Jr.Moore Investment GroupAtlanta, Georgia

C. L. Morehead, Jr.Flowers,Inc.Retail/WholesaleAthens, Georgia

William S. Morris IIIMorris Communications Company, LLCAugusta, Georgia

C. V. Nalley IIINalley Automotive Group Atlanta, Georgia

William H. NeSmith, Jr.Community Newspapers, Inc.Athens, Georgia

Sanford H. OrkinSanford H. Orkin InvestmentsAtlanta, Georgia

Alexander W. PattersonAlston & Bird, LLPAthens, Georgia

William Porter PayneGleacher & CompanyAtlanta, Georgia

Emeritus Trustees, University of Georgia Foundation as of July 1, 2013

University of Georgia Foundation – Annual Report 29

Martha W. PierceAlpharetta, Georgia

Patrick S. PittardPatrick Pittard AdvisorsAtlanta, Georgia

John W. RamseyMacon, Georgia

John W. RookerThe Rooker Company Tucker, Georgia

William A. Rooker, Jr.The Rooker Company (Retired)Atlanta, Georgia

Carl E. SandersTroutman Sanders LLP (Retired)Atlanta, Georgia

Charles S. Sanford, Jr.Bankers Trust Company (Retired)New York, New York

Frank W. SeilerBouhan, Williams & Levy LLPSavannah, Georgia

S. Stephen Selig IIISelig Enterprises, Inc.Atlanta, Georgia

Peter J. SheddTerry College of BusinessAthens, Georgia

Henrietta M. Singletary Albany, Georgia

Steven W. SmithAtlanta Public SchoolsAtlanta, Georgia

Taylor W. SmithFive Smiths, Inc.Atlanta, Georgia

William A. Sterne SunTrust Bank (Retired)Hilton Head, South Carolina

Carl E. SwearingenBellSouth Corporation (Retired)Atlanta, Georgia

Mary Virginia TerryThe CHT CorporationJacksonville, Florida

Larry D. ThompsonUniversity of GeorgiaAthens, Georgia

W. Bradley Turner, Jr.W. C. Bradley CompanyColumbus, Georgia

Norman L. UnderwoodTroutman Sanders LLPAtlanta, Georgia

Soloman W. Walker IISoloman Walker & AssociatesAugusta, Georgia

Harriet H. WarrenHiggins Asset ManagementAtlanta, Georgia

Don L. WatersBrasseler USASavannah, Georgia

Ramsey T. WayWay Brothers, IncorporatedHawkinsville, Georgia

Claude Williams, Jr.Williams & CompanyAthens, Georgia

Jane S. WillsonSunnyland Farms, Inc.Albany, Georgia

Robert R. WoodsonJohn H. Harland Company (Retired)Stone Mountain, Georgia

Lois C. WootenSavannah, Georgia

C. Richard YarbroughBellSouth Corporation (Retired)Atlanta, Georgia

William D. Young, Sr.General Wholesale CompanyAtlanta, Georgia

Bernard Ramsey is memorialized in a bronze sculpture on North Campus. Ramsey was one of the university’s most generous benefactors, providing the funding for creation of the Foundation Fellows Program.


ExecutiveJohn Spalding – ChairDan AmosBill DouglasJoe FriersonJack HeadKen JacksonJohn McMullanJere MoreheadRead MortonTrey ParisMary Lou SwiftCharlie WilliamsBill Young

InvestmentJoe Frierson – ChairGarry BridgemanJohn CrawfordDarren DeVoreBill DouglasBill GriffinJohn O. KnoxJohn McMullanStan SheltonBarry Storey

Advisory:John Mangan

Costa Rica BoardGail Hunnicutt –

PresidentLibby Morris –

SupervisorBill Griffin – SecretaryCindy Coyle –

TreasurerVic Corrigan –

DirectorJohn Neel – DirectorRyan Nesbit – DirectorStephen Smith –

DirectorMary Lou Swift –

Director

Finance & Compensation

Bill Douglas – ChairTerry BrownDarren DeVoreMike GodwinBill GriffinSam HolmesKen Jackson Rusty LindnerKeith MasonRead MortonJohn NeelBarry StoreyCharlie WilliamsBill Young

Ex-Officio, Voting:Tim Keadle

Advisory:Ted McMullan

Real EstateCharlie Williams –

ChairNelson BowersMike GodwinJack HeadSam HolmesJeff KnoxRusty LindnerCliff McCurrySwann SeilerBill Young

Advisory:Richard CourtsTed McMullan

Nominating & Governance

Dan Amos – ChairKathryn AshTerry BrownJack HeadSam HolmesKen JacksonSteve JonesJeff KnoxJohn O. KnoxRead MortonTrey ParisNeal QuirkSwann SeilerRobert Stolz Charlie WilliamsBill Young

Ex-Officio, Voting:Tom Landrum

Foundation FellowsMary Lou Swift –

ChairKathryn AshVic CorriganJoe FriersonMike GodwinAbby IrbyStephen JoinerNeal QuirkWick SearcyStan SheltonStephen Smith Brenda Thompson

Ex-Officio, Voting:Silvia GiraudoJere Morehead

Advisory:Susan Donziger

Sherman

Development & Public Affairs

Trey Paris – ChairKathryn AshNelson BowersJohn CrawfordGreg GregoryGail HunnicuttAbby IrbySteve JonesSissy LawsonKeith MasonNeal QuirkWick SearcyRobert StolzMary Lou SwiftBrenda ThompsonSusan Waltman

Ex-Officio, Voting:Silvia GiraudoTim KeadleTom Landrum

Advisory:Mark ChandlerRichard CourtsJohn ManganSusan Donziger

Sherman

AuditJohn McMullan –

ChairGarry BridgemanGreg GregoryStephen JoinerJeff KnoxJohn O. KnoxSissy LawsonCliff McCurrySwann SeilerSusan Waltman

Advisory: Mark Chandler

University of Georgia Foundation Committees:July 1, 2013 – June 30, 2014

Austin Laufersweiler is the UGA student body president, a position that accords him status as an ex officio trustee of the foundation.

University of Georgia Foundation:

1937-1958Phinizy Calhoun

1959-1961Harrison Jones

1962-1970 Inman Brandon

1971-1973Augustus H. Sterne

1974-1976Harry S. Baxter

1977-1979Jasper N. Dorsey III

1980-1982Robert G. Edge

1983-1985Alex W. Smith

1985-1988Thomas G. Cousins

1988-1990John E. Bailey

1990-1992Richard W. Courts II

1992-1994Dudley L. Moore, Jr.

1994-1996Shell H. Knox

1996-1998Daniel P. Amos

1998-2000C. V. Nalley III

2000-2002Patrick S. Pittard

2002-2004John W. Rooker

2004-2005Lynda B. Courts

2005-2007C. Read Morton

2007-2009William D. Young, Jr.

2009-2011Samuel D. Holmes

2011-2013William D. Young, Jr.

2013-PresentJohn P. Spalding

Arch Foundation:

2005-2007John P. Spalding

2007-2009Norman S. Fletcher

2009-2011Andrew M. Head

Past Chairs, Board of Trustees1937 – Present

University of Georgia Foundation Board of Trustees as of July 1, 2013

Daniel P. AmosAflac IncorporatedColumbus, Georgia

Kathryn L. AshKathryn Ash InteriorsCharlotte, North Carolina

Nelson E. Bowers IIBowers Transportation GroupLookout Mountain, Tennessee

Garry W. BridgemanMerrill LynchAtlanta, Georgia

Terry S. BrownEDENSColumbia, South Carolina

Victor E. Corrigan IIPiedmont Heart InstituteAtlanta, Georgia

John H. Crawford IVCrawford Investment Counsel, Inc.Atlanta, Georgia

Darren W. DeVoreCarroll Organization, Inc.Atlanta, Georgia

William W. Douglas IIICoca-Cola EnterprisesAtlanta, Georgia

Joseph C. Frierson, Jr. Merrill LynchAthens, Georgia

Michael H. GodwinAmbling CompaniesValdosta, Georgia

Henry D. Gregory, Jr.Atlanta, Georgia

C. William Griffin Lender Processing ServicesCoraopolis, Pennsylvania

Andrew M. HeadHead Management Group, Inc.Atlanta, Georgia

Samuel D. HolmesCB Richard EllisAtlanta, Georgia

Gail J. HunnicuttLaGrange, Georgia

Sarah C. IrbyAtlanta, Georgia

Kenneth G. JacksonShaw Industries Group, Inc.Dalton, Georgia

Stephen M. JoinerDeloitte & Touche, LLPAtlanta, Georgia

Steve C. JonesU.S. District CourtAtlanta, Georgia

Jefferson B. A. KnoxThe Knox FoundationAugusta, Georgia

John O. Knox, Jr. Peregrine Investment Advisors, LLCAtlanta, Georgia

Emily D. Lawson Mayor and City Council of Gainesville (Retired)Gainesville, Georgia

Russell C. LindnerThe Forge CompanyWashington, DC

Keith W. MasonMcKenna, Long & Aldridge, LLPAtlanta, Georgia

James C. McCurrySeacrest PartnersSavannah, Georgia

John F. McMullanCamden Real Estate CompanyAtlanta, Georgia

C. Read Morton, Jr.Centennial Holding Company, LLCAtlanta, Georgia

John S. Neel, Jr.The Stanford Company Macon, Georgia

Thomas H. Paris IIIGeneral Electric Atlanta, Georgia

Neal J. QuirkQuirk & Quirk, LLCAtlanta, Georgia

William N. SearcyBrannen, Searcy & Smith, LLPSavannah, Georgia

Swann SeilerGeorgia Power CompanySavannah, Georgia

Stanley W. Shelton Windham Capital Management, LLCBoston, Massachusetts

Stephen W. Smith, M.D.Peachtree Orthopedic ClinicAtlanta, Georgia

John P. SpaldingCox Communications, Inc.Atlanta, Georgia

Robert H. StolzWurth Group North AmericaCharlotte, North Carolina

Barry L. StoreyHull Storey Gibson Companies, LLCAugusta, Georgia

Mary Lou C. SwiftLicensed Professional CounselorColumbus, Georgia

Brenda A. ThompsonSchool and Clinical Psychologist (Retired)Greenwich, Connecticut

Susan C. WaltmanGreater New York Hospital AssociationNew York, New York

Charles S. Williams, Jr. Charles Williams Real Estate Investment CorporationRome, Georgia

William D. Young, Jr. General Wholesale CompanyAtlanta, Georgia

Ex-Officio, Voting:Silvia Q. GiraudoUniversity of GeorgiaAthens, Georgia

Timothy A. KeadlePorter Keadle Moore, LLCStatham, Georgia

Thomas S. LandrumUniversity of GeorgiaAthens, Georgia

Jere W. MoreheadUniversity of GeorgiaAthens, Georgia

Ex-Officio, Non-Voting:Edward J. Daniel, Jr.University of GeorgiaAthens, Georgia

Austin LaufersweilerUniversity of GeorgiaAthens, Georgia

Libby V. MorrisUniversity of GeorgiaAthens, Georgia

Ryan A. NesbitUniversity of GeorgiaAthens, Georgia

Advisory:Mark B. ChandlerHabersham PropertiesAtlanta, Georgia

Richard W. Courts IVAtlantic Realty CompanyAtlanta, Georgia

John F. Mangan, Jr.JFM Capital LLCCharlotte, North Carolina

Ted McMullanCovington Investments LLCAtlanta, Georgia

Susan Donziger ShermanSusan Sherman, Inc.St. Louis, Missouri

About the Back Cover: Named for the late U.S. Senator, the Paul D. Coverdell Center for Biomedical and Health Sciences is a nationally recognized center for research across a broad range of scientific disciplines from disease and immunology to mathematics and engineering. One of the most beautiful buildings on South Campus, the Coverdell Center is also one of the university’s most environmentally responsible facilities.


“By supporting my UGArden internship experience, the Ash Scholarship has given me the opportunity to engage with the Athens community and gain experience with sustainable agriculture. This has been a valuable supplement to my classroom education.” (The Ash Scholarship is funded through an endowment established by UGA Foundation Trustee Kathryn Ash and her husband Darren.)

– Jessica WolfUGA Honors Program, Class of 2015

Spanish, Geography and Local Food Systems

The UGA Foundation is managed by a skilled Board of Trustees who are dedicated to the University of Georgia and who give generously of their time, professional expertise and resources in supporting the university’s academic mission.

University of Georgia Foundation394 South Milledge Avenue

Suite 100Athens, Georgia 30602

Telephone: 706.542.6677Atlanta Line: 404.656.6206

The University of Georgia Foundation accepts and manages gifts to the university according to donor wishes.For more information, please call (706) 542-6677 or visit the foundation’s website at www.ugafoundation.org

Thank you for your support!

uga foundation annual report 2013

Documents

investment commit tee

georgia students

real estate commit tee

foundation fellows

costa rica corporat

donor prof i

executive director

jr4let ter f rom