Name: Fort Hays State University Foundation
Assets Under Management: $146.1 Million (Source: University of West Florida Foundation, Inc. on 6/30/2014)
Portfolio Insights: “The University of West Florida Foundation, Inc. (the “Foundation”) was organized as a Florida not-for-profit corporation in 1965 for the purpose of soliciting, receiving, and administering gifts and bequests of property and funds for scientific, educational, and charitable purposes, all for the advancement of the University of West Florida (the “University”) and its objectives.
The Foundation’s endowments consist of 239 individual funds established for a variety of purposes. The endowments include both donor-restricted endowment funds and funds designated by the governing board to function as endowments. Alternative investments – Investments in fund of fund hedge funds and private equity partnerships for which there is no readily determinable fair value are classified as Level 3 as the valuation is based on significant unobservable inputs.” (Source)
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Top University of West Florida Foundation, Inc. Endowment Fund Headlines:
1) The University of West Florida Foundation, Inc., provides funding and services to support and foster the pursuit of higher education at the University and operates solely for the benefit of the University and its mission of teaching, research, and service. The Foundation serves as the vehicle whereby taxpayers who want to advance the cause of higher education and to pay more than their share of the cost of education may do so. The Foundation does not serve any pr ivate causes, but generally benefits the public.
The West Florida Historic Preservation, Inc., was established to engage in the restoration and exhibition of historical landmarks in the Pensacola, Florida vicinity. This organization conducts certain activities and programs that assist and promote the purposes of the University. (Source)
2) Dr. Martha Saunders, Provost and Executive Vice President, serves as the chief academic officer and vice president for the Division of Academic Affairs, as well as the chief operating officer with oversight over all University divisions.
Saunders has extensive and highly successful experience in academic leadership, including serving as President of the University of Southern Mississippi from 2007-2012. Prior to her tenure at Southern Mississippi, she served as chancellor for the University of Wisconsin-Whitewater from 2005-2007, after serving as provost and vice president for Academic Affairs at Columbus State University from 2002-2005.
She began her career at UWF in 1984 as an assistant professor in the Department of Communication Arts, and eventually became coordinator of the Public Relations Program. She also served as director of the University Honors Program and associate dean of the College of Arts & Social Sciences from 1996-1999. In 2000, she was named dean of the College of Arts & Sciences. (Source)
3) The mission of the College of Business is to provide a high quality, student-orientated, educational experience to baccalaureate and master’s degree business students primarily from the Northwest Florida region. With a focused priority on teaching excellence, supported by scholarship and service, the College of Business prepares students for successful careers in business and society and, in doing so, advances the educational and economic development of Northwest Florida. (Source)
4) The University of West Florida (UWF) is a public university based in Northwest Florida with multiple instructional sites and a strong virtual presence. UWF’s mission is to provide students with access to high-quality, relevant, and affordable undergraduate and graduate learning experiences; to transmit, apply, and discover knowledge through teaching, scholarship, research, and public service; and to engage in community partnerships that respond to mutual concerns and opportunities and that advance the economy and quality of life in the region.
UWF is committed to planning and investing strategically to enhance student access and educational attainment; to build on existing strengths and develop distinctive academic and research programs and services that respond to identified regional and state needs; and to support highly qualified faculty and staff who engage students in rigorous, high-impact, student-oriented learning experiences that enhance personal and professional development and empower alumni to contribute responsibly and creatively to a complex 21st Century global society.
The University of West Florida aspires to be widely recognized as a model of excellence and relevance, sought out as a distinctive intellectual and cultural center, valued as an engaged partner, and acclaimed for being “different by design.” (Source)
5) The approximately $71 million University of West Florida Foundation is searching for an investment consultant. The search is being conducted to see which consultant would best serve the foundation’s needs. (Source)