Ferris Foundation Committees

Committee Membership

AUDIT COMMITTEE

Foundation Directors

• Tom Scholler, Chair
• Ken Bailey
• Emily Hancock
• Andrew Kalinowski
• Tim Murphy
• Jack Roberts

FSU Staff (Support/Non-Voting)

• Jim Bachmeier, V.P. for Admin. & Finance
• Barb Benda, Associate Director
• Mike Grandy, Finance Office
• Nancy Wencl, Finance Office
• Bob Murray, Executive Director

Scope of Responsibility

1. Review management practices and procedures
2. Recommend enhancements to Foundation's operating procedures
3. Recommend independent audit firm
4. Present annual independent audit for full board review
5. Development, recommendation, and oversight of annual budget

Current Agenda

1. Creation of consolidated charitable gift quarterly reports
2. Review and revision of Conflict of Interest document
3. Establishment of a more meaningful set of fundraising performance standards in cooperation with the development committee

COMMITTEE ON DIRECTORS

Foundation Directors

• Kurt Hofman, Chair
• Tim Murphy, Chair-Elect
• Tom Scholler, Secretary
• Gary Granger, Immediate Past Chair

FSU Staff (Support/Non-Voting)

• Barb Benda, Associate Director
• Bob Murray, Executive Director
• Shelly Pearcy, VP for Advancement & Marketing

Scope of Responsibility

1. Identification and enlistment of individuals of wealth, influence, and special expertise who are capable of advancing Ferris and its mission
2. Orientation and ongoing education of Foundation Directors
3. Management and coordination of committee assignments
4. Assessment and evaluation of Director performance

Current Agenda

1. Refinement of the enlistment process
2. Strategies for engaging and identifying individuals who fit the profile of the ideal Foundation Director as Ferris moves forward
3. Ongoing diversification of Foundation membership
4. Establishment of a regular and ongoing Board development and education program
5. Incorporation of an ongoing Board education plan related to campaigns, fundraising, and awareness building

DEVELOPMENT COMMITTEE

Foundation Directors

• Jean Elder, Chair
• Kevin Cross
• Paul Doyle
• David Eisler
• Bob Friar
• Gary Granger
• John Hare
• Kurt Hofman
• Karl Linebaugh
• Adel Makki
• Matt Nawrocki
• Randy Phelps
• Jack Roberts
• Dick Shaw
• Alton Smith
• Howard Stross

FSU Staff (Support/Non-Voting)

• Barb Benda, Associate Director
• Bob Murray, Executive Director

Scope of Responsibility

1. Advancement of Ferris' philanthropic agenda
2. Validation and selection of Ferris' fundraising priorities in consultation with the president, the academic leadership and Trustees
3. Overall design and implementation of Ferris' fundraising strategies and plans including special event fundraising
4. Systematic identification, cultivation and solicitation of prospects
5. Engagement of Foundation Directors in the fundraising process
6. Ongoing communication of Ferris' philanthropic agenda and progress toward fundraising objectives to the Foundation board
7. Peer solicitation of Foundation Directors

Current Agenda

1. Linkage of Ferris' vision and strategic directions to its philanthropic agenda
2. Development and implementation of strategies that identify and engage individuals and organizations with the influence and resources capable of advancing Ferris' philanthropic agenda
3. Establishment of the characteristics and practices of highly effective fundraising Foundations
4. Engagement of Foundation Director's in all phases of development activity
5. Development of a strong Development Committee that is capable of exercising greater leadership

GIFTS AND GRANTS COMMITTEE

Foundation Directors

• Susan Jones, Chair
• John Engelman
• Bob Friar
• John Fenn
• Arlen Gaddy
• Joe Mikols, Emeriti Faculty

Members of Committee

• Jeff Carney, ET
• Matt Chaney, Office of Multi-Cultural Student Services
• Margaret de Voest, COP
• Amy Dinardo, MCO
• Anita Fagerman, COB
• Paul Klatt, A&S
• Leah Monger, FLITE
• Steve Reifert, Extended and International Operations
• Susan Wancour, Health Professions

FSU Staff (Support/Non-Voting)

• Barb Benda, Associate Director
• Matt Chaney, OMSS
• Bob Murray, Executive Director

Scope of Responsibility

1. Develop and recommend gifts and grants policies and procedures
2. Monitor scholarship awards for compliance with donor specifications
3. Recommend and monitor grant disbursement
4. Recommend student scholarship recipient(s) for Foundation Scholarship
5. Recommend additional resources for exceptional merit grants and Foundation for Excellence Scholarships

Current Agenda

1. Enhancement of the stewardship of existing endowments
2. Creation of a meaningful opportunity for connecting donors with endowment beneficiaries on a consistent basis
3. Review of Exceptional Merit Grant proposals and submission of nominations to Foundation Board
4. Review of Foundation for Excellence Scholarship candidates and submission of nominations to Foundation Board.
5. Enhancement of resources available for exceptional merit grants and Foundation for Excellence
6. Scholarship in cooperation with the Development Committee

INVESTMENT COMMITTEE

Foundation Directors

• Kevin Simon, Chair
• Paul Eichenberg
• Andrew Kalinowski
• Thomas Scholler
• Terry Stewart

FSU Staff (Support/Non-Voting)

• Jim Bachmeier, V.P. for Admin. & Finance
• Barb Benda, Associate Director
• Mike Grandy, Finance Office
• Bob Murray Executive Director

Scope of Responsibility

1. Investment policy and guidelines
2. Appointment and removal of investment managers
3. Oversight of investment practices and activities

Current Agenda

1. Ongoing review of investment performance
2. Explorations of alternative investment strategies
3. Review of special gift opportunities for feasibility/acceptance