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Show Joseph M. Florence New Officers Elected At the annual meeting of the Weber State College Development Fund. Richard E. Myers, Chairman of the Fund since its organization in 1966, retired as Chairman at his request, but will remain on the Board of Directors as a representative frum the community at large. Elected to the office of Chairman of the Development Fund was Salt Lake Business Executive and former Alumni President — Joseph M. Florence. Elected to a second term as Vice Chairman was A. Russell Croft. New Directors appointed to the board were Paul W. Bott, incoming Alumni President and Mr. Robert Nielson, Representative of the Staff Association of the college. Dr. Tomas Burton, Executive Vice Chairman of the Weber State College Academic Council, was appointed to fill the vacancy of board retiree, Dr. Parry Wilson, who has also served since the organization of the Fund. Other Directors either remaining on the board or reappointed for another two-year term are: Frank Francis, Jr. — Chairman of the Institutional Council, Dale T. Browning — Vice Chairman of the Institutional Council, college President Joseph L. Bishop, Dr. James. R. Foulger, Wilford G. Fowers — President Associated Alumni, Roy C. Nelson — immediate past President of the Alumni Association; and comunity representatives Fred S. Ball, William J. Critchlow, III, Dr. Lindsay R. Curtis, Jerald N. Engstrom, Theodore G. Schmidt, Donnell B. Stewart and_Junius R. Tribe, Sr.; President Emeritus of the college — Dr. William P. Miller will also remain on the Board. LETTERS TO THE EDITOR Your comments, suggestions, and criticisms are requested. Should you wish to remark on any subject concerning the college or articles appearing in this publication please write to us. EDITOR, COMMENT Box 193 Weber State College Ogden, Utah 84403 The Weber State College Development Fund, official agency for solicitation of private funds for and in behalf of the college has filed Articles of Incorporation with the Secretary of State in order to take full advantage of existing laws for the benefit of the college and donor alike. Since 1966, the Development Fund has functioned under authorization of the Governing Board of the school, as provided in the constitution governing the actions of the Fund. Since the organization of the State System of Higher Education and the subsequent appointment of the Institutional Council, certain updating amendments and revisions were felt to be necessary, and after considerable investigation and study, it was recommended by Attorney William J. Critchlow, III, a Director of the Development Fund, that the body be incorporated. The Articles of Incorporation and By-Laws were subsequently approved as to form by the Attorney General’s office and following authorization by the Institutional Council, were registered with the state. Other than the change from a trustfoundation concept to one of a non-profit corporation, the purpose of the Development Fund remains basically unchanged. Members of the Board directing the affairs of the Fund will continue to act in a similar capacity in the Corporation. Under the terms ,of the Corporation, however, provision is made for an expanded Board of Directors. Representation in the Development Fund now includes Alumni, Institutional Council, Faculty, Staff, Administration and General Public. A provision for Honorary Directors may include former Directors of the Board, patrons and benefactors of Weber State College. The purposes of the Development Fund in general is to provide support for the college, its faculty and students, and to promote, sponsor and carry out educational, scientific, charitable and related activities and objectives at Weber State College. The corporation is impowered with the right, privileges and immunities provided by the Utah Non-Profit Corporation and Cooperative Association Act to receive, hold, own, manage and dispose of property of all kinds received through the fund for the benefit of the college under terms mutually agreed upon by the Institutional Council, Administration and Development Fund Board of Directors. Organized in 1966 as a project largely promoted by Alumni President Richard E. Myers, the fund has been responsible for a number of sizeable gifts, grants and bequests naming the school as beneficiary. In addition to many student aid programs, such as scholarships and loar funds, a trust has been established for visiting lecturers and distinguished professors in an Honors Lecture Program, special equipment has been purchased, funds received for Science Museum development, Environmental Studies Center, Capital Building Projects, The Stewart Bell Tower and Carillon, Memorialization Programs and gifts of paintings, collections and private libraries. All gifts received through the Development Fund of the college are tax deductible and while considerable emphasis is placed on the desirability to receive unrestricted funds, donor’s wishes or restrictions are strictly complied with. Private Gifts Increase A total of $266,193.87 in private funds received during the fiscal year July 1, 1971 through June 30, 1972 has been reported by the development Office of the College. This amount represents an increase of $106,360.02 over the previous year, and represents a new high in gifts received from private sources. Included in» the Development Office report are gifts received from Alumni Foundations, Non-Alumni individuals and friends, corporations, civic and service clubs and others. In addition to gifts and grants received in cash, a number of gifts of kind, including stocks and securities, art objects, collections and other gifts valued at approximately $91,400.00 were received by the college. Several individuals have named Weber State as a beneficiary — either in trusts, wills, or other forms of bequests. While the total of gifts and grants received may be lower than other institutions in the state, it is pointed out that the Development Program at Weber State is in a building phase with few of the college’s more recent four-year graduates having reached enough financial maturity to be able to assist appreciably in donations, and many alumni are supporting institutions other than Weber State which they attended as a Junior college. While Weber State’s needs for the private dollar are as great, if not greater than other institutions in the state, the college has been largely unsuccessful in attracting sufficient major donors, and foundation giving is noticeably lacking as a result of fewer research programs which normally attract a large portion of private foundation support. Alumni giving of $148,500.00 showed an appreciable gain as a result of annual giving programs recently established. It should be pointed out, however, that a significant portion of the total was donated by a relatively small number in this category. Student aid, which includes scholarships, loan funds, etc. received $80,000.00. Capital projects including Buildings, Grounds and Equipment received 136,500.00 reflecting donations received for the Stewart Carillon Tower. Second largest source of donations after Alumni giving was service clubs and social organizations who donated $45,500.00, largely for student aid and scholarships. Foundation giving totaled $32,700.00, Corporate and Business support totaled $17,500.00, and Non-Alumni, Friends and Families contributed $14,700.00. Funds from all other sources totaled: $8000.00 Dean W. Hurst, Director of College Relations, in making the report, expressed his gratitude to the various donor sources for their interest and support, noting that private support has risen from $48,994.00 in 1966 to $266,193.87 at present. “It is apparent that the state and nation’s colleges and universities must turn to private support in the future, even more than they have in the past if our institutions are to keep pace with increased enrollment and technological advancements.” “In the coming decade,’’ he continued, ‘“‘it will become absolutely necessary to even further increase all areas of private giving.” Se eee Development Fund Reorganizes, Incorporates oe = Se ee DEVELOPMENT NEWS |