The UCSB Foundation has elected officers to its board of trustees for 2004-2005.
As the principal fund-raising organization for UC Santa Barbara, the nonprofit foundation generates and administers private gifts to the campus, including support for students, research, and instruction.
UCSB is in the midst of a multi-year comprehensive fund-raising effort to generate $350 million in private support from individuals, corporations, and foundations. The UCSB Foundation helps to forge links between the professional and business communities and the campus to increase private support for university programs.
Foundation trustees play a major role in guiding the work of the foundation and in promoting fund raising goals and priorities related to "The Campaign for UC Santa Barbara."
"UC Santa Barbara is fortunate to have the support and leadership of our distinguished foundation trustees," said UCSB Chancellor Henry T. Yang.
"The campus is inspired by their vision and encouraged by their fund-raising efforts to sustain and enhance UCSB's position in the ranks of leading research universities."
Steve Mendell ‘63, San Diego, president and CEO of LMA North America, was elected chair of the foundation, effective July 1.
Stephen E. Cooper ‘68, Discovery Bay, chair of Inogen, Inc., will service as vice chair.
Bruce G. Wilcox ‘77, New York City, chairman of the management committee of Cumberland Associates, will serve as treasurer and vice chair, finance.
Kathryn D. McKee ‘59, Santa Barbara, president of Human Resources Consortia, will serve as vice chair, stewardship, and Susan Worster ‘70, Los Altos Hills, will serve as secretary.
In addition, the following individuals were appointed trustees of the foundation:
Stanley S. Eigner, Santa Barbara, a retired businessman and president of the UCSB Affiliates; Ann Cady Cooper ‘62, Palm Desert, an agricultural business leader; Scott Frank ‘82, Pasadena, screenwriter; Patrick L. Graham, Rolling Hills, founder and president of Chelton Properties; Sheila Bourke McGinity, Santa Barbara, volunteer leader; Kathy Odell, Santa Barbara, CEO of Inogen, Inc.; Mark J. Schwartz ‘84, Chatsworth, president and CEO of Specialty Merchandise Corporation; and James R. Warren ‘76, Santa Barbara, developer.
During the 2003-2004 academic year, alumni and friends of UC Santa Barbara contributed a record $80 million in private support for teaching, research, and program support.
The year was the most successful ever for the campus, surpassing the fund-raising achievement of the previous year by more than $30 million.
The State of California provides only about one-third of UCSB's operating expenses.
Private giving works in concert with the state's commitment to help strengthen the institution at its core and help build a margin of excellence.
The UCSB Foundation receives annual gifts from alumni, parents, and friends, as well as individual bequests, endowments, and corporate and foundation donations.
"The generous support and active engagement of our foundation's trustees as ambassadors for UC Santa Barbara under the leadership of Chancellor Yang have and continue to play a major role in transforming the campus's programs and facilities," said Gary Greinke, executive director of The UCSB Foundation.
"We are grateful for their vision and energy in working to make a critical difference in the life of UC Santa Barbara."
Eric Sonquist, director of finance and administration for UCSB's division of institutional advancement, serves as chief financial officer of the foundation.
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