Impact Report 2018-2019
Dear Donors and Friends,
The 2018-2019 year was full of learning and great progress for me and for the University. I completed my first full year as President in early July, and while I’m still getting to know more about SU and members of the community, this year taught me a great deal about the phenomenal people who make Salisbury University so special.
It did not take long for me to become familiar with the passion that so many of you have for SU and for our students. Your commitment to them and to their success helps pave the way for future generations of Sea Gulls as they work toward a better future for all of us It’s one of the true privileges of my job to get to see the many talents and success stories of our alumni and friends, and I am grateful for your willingness to share with us.
While we could never quantify the true value of your gifts to SU, your participation helps to support staff, increase faculty research and grow student scholarships. As you may know, in June, we launched a new campaign for Salisbury University “We Are SU” is about strengthening our programs, increasing opportunity and opening doors for our students, but most importantly, it’s about making a commitment that we’re all in this together.
Thank you for investing your time, talent and treasure to support our students, faculty and staff Best wishes for another year of growth and progress!
Charles A. Wight
Letter from the Board of Directors Chair
For more than 40 years, the Salisbury University Foundation has been serving Salisbury University. The last year, during which I’ve had the honor of serving as chair of the SU Foundation Board, has been an exciting part of its long history. The University continues to grow, thanks, in part, to the SU Foundation Board members and its generous donors, all of whom are committed to Salisbury University.
Founded in 1973, the Salisbury University Foundation, Inc. was established to allow private donors the ability to make a powerful difference in the educational experience at Salisbury University. We are a driven and dynamic fundraising operation with professional experts serving as dedicated staff and a volunteer board of directors. I thank each of them for their talent and time. As donors, I thank you for recognizing the importance of investing in Salisbury University.
The SU Foundation has experienced a phenomenal period of growth over the last 20 years, increasing the value of assets held by the Foundation from $26 million in 1998 to $90 million in 2019. This year, 2019, marks the beginning of the “We Are SU: The Campaign for Salisbury University,” which is designed to raise $75 million for enhancing our investment in students, faculty, staff and community engagement.
Many exciting things are coming our way!
Amy Tilghman Miller ’90, M’94
SU Foundation, Inc.
Board of Directors Chair
Board of Directors
Jason E Curtin ‘98, Salisbury University Foundation, Executive Director
Amy Tilghman Miller ’90, M’94
SVN Miller Commercial Real Estate
Vice Chair Retired,
Piedmont Airlines, Inc
Michele Garigliano ’83
Retired, K&L Microwave
Ashley Stern ’08, M’09
PKS & Company, PA
PKS & Company, PA
Laura K Baker ’79
Kevin Bernstein M’92
Cindy Bounds ’86
Twilley, Rommel & Stephens, PA
Robert Brosmer ’81
YMCA of Central Maryland
Retired, Brown & Church, Ltd
Rafael Correa ’03, M’10
Blue Water Development Corporation
Oxford Chase Development
Fruitland Community Center
Gary Desjardins ’88
Strategic Wealth Management Group, LLC
Joe Dorrego ’96
Rick Givens ’75, ’76
Retired, State of Delaware
Rick Holloway ’76
Holloway Funeral Home
Dr. Peter Jackson
Retired Sr Vice President, Qualcomm
Duke Marshall ’88
Marshall’s Insurance & Financial Services
Chris Mason ’90
Williams, Moore, Shockley & Harrison, LLP
Ron McGann ’88
J P Morgan Private Bank
Kimmerly Messick ’80
Dwight Miller ’82
Gillis Gilkerson, Inc
Timothy Miller ’91
Otway, Russo & Rommel, PC
Dr. Tom Rosenthal
The Bank of Delmarva
Dr. Julius D. Zant
"Thank you for selecting me as a Lucy Tull Scholarship recipient. I am so grateful for the opportunity that has been given to me. I will forever be thankful for this opportunity to pursue my academic dreams."
- Kalie Adkins
"After SU, I plan to attend medical school I hope to make the Foundation Board and many others proud of what I accomplish. This scholarship motivates me even more to reach my goals and maintain a high GPA."
- Shania Bailey
"As a result of your generous donation and belief in what Salisbury students can achieve with an advanced degree, I will be able to complete my doctorate in a timely fashion and train the next generation of teachers. I appreciate your desire to prioritize education."
- Marilyn Barber
"The Burke Family Information Systems Scholarship will be of great help to me in paying my educational expenses. It will allow me to concentrate more of my time for studying."
- Cameron Ward
"Thank you for the scholarship you have granted me. It has encouraged me to work hard in my classes. Salisbury is providing me with amazing experiences and values."
- Allison Zimmerman
"I am thankful for individuals like yourselves who share and support the vision of the next generation of educators."
- Maya Batson
"Thank you for putting faith in me. You do not know me, yet you trust that your contribution will go to those who appreciate it the most. I had many obstacles to get myself here today. Thank you for giving me the break I needed to go forward."
- Ateebullah Mohammad Mirza
"With this scholarship, I will be able to pursue my dream of becoming a middle or high school history teacher. As a first-generation college student, scholarship funds mean everything!"
- Jenna Towers
"Thank you for your generous support! I sincerely appreciate the impact you have made for students at Salisbury University. Such funding is tremendous help as I pursue a career in chemistry research."
- Scott Benner
"Even though I did not personally meet my scholarship donors, I’m very grateful for the opportunity that they gave me to be the first generation in my family with a college education. Donors truly build up students like me. Thank you!"
- Suly DelValle
"Contributions have gone to support the Salisbury University Chorales, the Salisbury Symphony Orchestra, and the theatre and dance programs. Contributions like mine and others help to provide our students with professional-level performance experiences and the opportunity to perform with national and international artists."
- Dr. William Folger, Professor, Music, Theatre & Dance
Director of Choral Studies, Music
"The reason for our giving originated from the fact that our parents valued education and instilled in us its importance to succeed in life. Consequently, the purpose of our giving since 2000 is twofold:
1. It gives us the opportunity to become more involved with the SU community and feel invested in its mission.
2. It rewards students for academic excellence, involvement with extracurricular activities and demonstrated leadership roles."
- Dr. Kashi, Professor, Economics and Finance
& Melinda Khazeh, Associate Director, Alumni Relations and Annual Giving
"SU cares I support SU because it cares deeply about students’ personal and academic success I have every confidence that my gift and the gift of others will be invested in positive social change and life-changing experiences for all who come in contact with SU."
- Dr. Wallace Southerland, Associate Vice President, Student Affairs
"I am particularly proud of our students’ accomplishments and have fond memories of, and continuing connections to, students I worked with at SU as long as 30 years ago One thing that has particularly impressed me recently is the degree to which the University rallies to help our students when they are in need The SU Foundation is a critical part of that effort."
- Dr. Kathleen Shannon, Professor, Math and Computer Science
The Campaign for Salisbury University
WHY GIVE TO SU?
Together, we can provide scholarships and resources to unlock students’ limitless potential.
Together, we can help dedicated faculty and staff open doors and inspire unequaled experiences.
Together, we can enrich collaborations woven across the region, strengthening our communities.
The Power of Endowments
By establishing an endowment, you can create a permanent personal legacy and provide essential resources to ensure the University’s long-term strength into the future
Endowment assets are invested to supply an annual, self-sustaining source of funds for a purpose specified by the donor.
$25,000 ENDOWMENT GIFT
A $25,000 gift pays out $1,000 now, $18,905 after 15 years (account value of $36,456), $35,345 after 25 years (account value of $45,177), $95,767 after 50 years (account value of $77,231).
Assumptions: 8% return, net of investment costs; 4% spending rate; 1.4% administrative fee. These figures are for demonstration purposes only. Assumptions can and will change.
Creating Your Legacy
Audrey Calvin "Chris" Christopher graduated from State Teachers College in 1941. As a student, he was president of the junior class and president of the Student Council. He played on the soccer and baseball teams with classmates Frank Perdue and Goldy Tyler. Chris spoke fondly of his time as a student at Salisbury and how it shaped his life.
Chris’ fond memories of classmates and faculty and his love for education kept him connected to Salisbury and led him to create the Christopher Endowment for Education in 1996. He wanted to provide scholarship support for students in the field of education He saw them as "the future," and he knew the important role teachers serve to students and the community – just like the role his professors had served in shaping his life at Salisbury. He was committed to give back in some way to his Alma Mater, and by putting SU in his will he was able to make a much larger impact on many students like Diana Schultz.
"After receiving my M.Ed. in reading from SU, I was honored to be selected as one of the recipients of the Christopher Scholarship. This scholarship provided me with a wonderful opportunity to continue doctoral studies in literacy, enabling my learning and growth as a reading intervention teacher."
- Diana Schultz
Salisbury-area locals and SU alums Don ’77 and Debra Cooper ’80 have created a scholarship fund for the Honors College to benefit two deserving students every year. They created an endowment that will start impacting the lives of students immediately, enabling Don and Debra to get to know the students whose lives they are able to benefit.
"We both had a strong desire to give back to the community while promoting excellence in learning. This desire was fortified after attending a recent Honors College reception showcasing several of the Honors students and their cutting-edge research. It is our hope that our contribution can help to further enhance their undergraduate research experience."
Cameron Kane's business plan for Valkyrie Software Solutions took home the Bernstein Achievement Award for Excellence during the 32nd annual Franklin P Perdue School of Business Entrepreneurship Competitions Kane is double majoring in computer science and interdisciplinary studies with a focus on business and communications.
"The synergy of having access to University resources, along with endowment funding combined with mentorships really enabled me to grow academically and entrepreneurially to both develop the technology and launch a business while helping real people."
The Nina Dixon Chatham Endowment was established in November 2018 by Robert and Glenda Clarke. This generous scholarship will provide perpetual funding to first-generation college students and graduates of James M. Bennett High School with the utmost in academic achievement.
"As first-generation college graduates, we wanted to provide opportunities for James M. Bennett High School students who are pursuing a college education at Salisbury University where we met 51 years ago. The scholarship was established to commemorate Glenda’s 50th high school graduation anniversary from Bennett and was named to honor her mother, who taught her the critical value of education."
Financial Year in Review
YEAR IN REVIEW
Financial Year In Review Category 6/30/18 6/30/19 % change Total Assets $89,345,398 $90,401,045 1.18% Net Assets $79,704,955 $81,339,967 2.05% Total Revenue $13,865,261 $8,321,359 -39.98% Program & Operating Expenses $8,841,651 $6,686,347 -24.38% Change in Net Assets $1,635,012
PROGRAM & OPERATING EXPENSES
Program and Operating Expenses Percentage Category Amount 68% Program Support $4,520,085 18% Scholarships 1,212,639 3% Fundraising 220,527 11% General & Administrative 733,096 Total $6,686,347
Program & Operating Expenses by %:
Program Support 68%; Scholarships 18%; Fundraising 3%; General & Administrative 11%
Net Assets: 2015: $67,865,397; 2016: $66,292,941; 2017: $74,681,345; 2018: $79,704,955; 2019: $81,339,967
Revenue: 2015: $4,496,467; 2016: $7,874,680; 2017: $13,058,385; 2018: $13,865,261; 2019: $8,321,359
The Salisbury University Foundation, Inc. is a 501(c)(3) corporation established with the approval of the Board of Regents and has the mission of providing the means for private contributions to be used for the benefit of the institution. A copy of the Foundation's current audited financial statement is available upon request at the Salisbury University Foundation, Inc., 1308 Camden Avenue, P.O. Box 2655, Salisbury, MD 21802-2655. Documents and information submitted to the State of Maryland under the Maryland Charitable Solicitations Act are available from the Office of the Secretary of State, State House, Annapolis, Maryland 21401-1925 for the cost of copying and postage.
By The Numbers
- 7,411 Donors (Alumni, Parents, Faculty, Staff, Friends)
- 958 Student Donors
- $90.4 Million Total Assets
- $6,060,112 Fundraising Total In FY19
- 34 Grants Awarded to Faculty
- 30 Consecutive Years of Giving by 50 Donors
- 456 Student Scholarship Recipients
- Over $1 Million in Scholarships & Awards
- Sea Gull Century Bike Tour Allocated $32,000 for Campus Enhancements
- Every $1 Invested Raised $3.47
- Faculty & Staff Giving $279,358
- 1,674 Maroon & Gold Club Members
- Giving Day: $208,170 by 2,068 Donors
Mission and Contact Information
The Salisbury University Foundation, Inc. was created in 1973 to accumulate funds, by gift and investment, and to foster, encourage and enrich the activities, educational programs, athletics and scholarships of Salisbury University. It is the intent of the Foundation to promote, sponsor and carry out educational, scientific and charitable purposes and objectives for the benefit of Salisbury University and its students. Through the generosity of major benefactors, corporations, foundations, faculty, staff, parents, alumni and friends, the Salisbury University Foundation is fulfilling its promise to the Salisbury University community.
This Impact Report is published by the Salisbury University Foundation, Inc.
Please send comments, news and address changes to:
1308 Camden Avenue, P. O. Box 2655,
Salisbury, MD 21802-2655
Or call: 410-543-6175
Salisbury University has a strong institutional commitment to diversity and equal educational opportunities. To that end, the University prohibits discrimination on the basis of sex, gender, marital status, pregnancy, race, color, ethnicity, national origin, age, disability, genetic information, religion, sexual orientation, gender identity or expression, veteran status, or other legally protected characteristics. Direct all inquiries regarding the nondiscrimination policy to the Office of Institutional Equity/Title IX Coordinator, Holloway Hall 100, 410-543-6426. Qualified students with disabilities should contact the Office of Student Disability Support Services at 410-677-6536.
Salisbury University is a proud member of the University System of Maryland.