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California State Polytechnic University, Pomona Endowment Fund

Name: Cal Poly Pomona Foundation, Inc.

Assets Under Management: $372.7 Million (Source: California State Polytechnic University, Pomona on 6/30/2014)

Annual Report: Associated Students, Inc. California State Polytechnic University, Pomona, Financial Statements and Supplemental Schedules for the Year Ended June 30, 2014 and Independent Auditor’s Report

Portfolio Insights: “ASI contracts with the California Public Employees’ Retirement System plan (CalPERS) to provide substantially all regular full-time employees of ASI retirement and disability benefits, annual cost-of-living adjustments, and death benefits which are paid by the State of California. CalPERS acts as a common investment and administrative agent for participating public entities and ASI is grouped with other entities with similar benefits in the same cost-sharing plan.” (Source)

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Top California State Polytechnic University, Pomona Endowment Fund Headlines:

1) The Kellogg Legacy Project Endowment has awarded nearly $1.6 million in grants to 25 campus programs to strengthen academics, support current and incoming students, aid faculty in teaching and research, and continue building relationships with the community.

The $40 million endowment, which was established by a gift from the W.K. Kellogg Foundation in 2010, is particularly focused on reaching and serving historically underrepresented students, including first-generation college students and military veterans.

Six grants were awarded for the 2010-11 academic year, and 19 programs received funding in the spring for the 2011-12 year. The programs comprise various facets of the university, from Renaissance Scholars to raising diversity in STEM fields to supporting veteran students. (Source)

2) Cal Poly Pomona Foundation, Inc. will manage the investment of the Dr. Harold L Lint Memorial Biological Sciences Department Scholarship endowment fund. The principal of Dr. Harold L Lint Memorial Biological Sciences Department Scholarship will forever remain intact. The minimum award amount will be $500; scholarship amounts and number of awards will be determined by the Selection Committee. The Selection will seek to exhaust available annual earnings from the Endowment as scholarship awards. (Source)

3) Dr. Brian Jersky joined the College of Science in Summer 2012. He is honored to serve as the College’s dean. He is a statistician by training, and has worked within the California State University system for many years. In addition, he served as dean of science at Saint Mary’s College of California from 2006 till 2010.

Together with the faculty and staff of the College, the dean works to ensure that Cal Poly Pomona’s “Learn by Doing” philosophy is implemented and continuously developed in all the College’s programs. Among other things, this means involving our students – undergraduate and graduate – in real scientific research, so that in addition to learning the material required to be accomplished scientists, our graduates can apply their knowledge to the world. Our stellar faculty are key to this endeavor, and they are supported by an outstanding staff. The dean invites you to enjoy our website, and to contact him with any questions you might have about science at Cal Poly Pomona. (Source)

4) The College of Science at Cal Poly Pomona is a hub for discovery, application and commercialization of science, technology and mathematics. To facilitate its mission the College of Science offers versatile curricula built upon applications-oriented instruction or “Learn-By-Doing” methodologies. Our courses combine fundamental education in science or mathematics with a broad human outlook, aimed at developing the students’ mental horizons beyond the limits of their immediate vocational objectives. (Source)

5) Cal Poly Pomona Foundation, Inc. (CPPF) has recently elected to place a Shop24 automated convenience store at California State Polytechnic University, Pomona (Cal Poly Pomona), the second largest polytechnic school in the United States and one of the 23 California State University (CSU) schools. The store will be placed at University Village, a CPPF-operated student housing facility that caters to over 1300 students. “Shop24 will allow us to serve the residents at the University Village who have not had access to any food services within a reasonable walking distance before. They are very excited about our partnership with Shop24. The integration of our campus card will also allow us to gain better penetration of our Bronco Bucks program in that location,” said Aaron Neilson, Interim Director, Dining Services. (Source)

About Richard C. Wilson