KSU Foundation annual report 2004

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Annual Report 2004 Kansas State University Foundation

Milton Eisenhower Evan Griffith

On March 1, 1944, Milton Eisenhower, Evan Griffith, W.E. Grimes

and Arthur Peine filed articles of incorporation with the Kansas

Secretary of State to establish the Kansas State College Endowment

Association. The articles reflect the total amount of capital held by the

association as “none.” Although there are no records to verify it, one of

those men undoubtedly paid the $2.50 filing fee out of his pocket.

The articles of incorporation specified that the trustees “shall be twenty-

six in number,” and they “shall receive no compensation for services

rendered.” Today, trustees of the KSU Foundation, whose numbers

have swelled considerably, continue to serve voluntarily.

From the beginning, the people who organized the official fundraising

arm of the college set lofty goals. Sometimes their success was according

to plan, sometimes it was serendipitous. What is clear is that the

pattern of giving and service that took root 60 years ago continues to

flourish at Kansas State University.

Come with us as we look at a few of the milestones, then and now.

W.E. Grimes Arthur Peine

April 15, 1944

Bylaws, officers and trustee nomineeswere the main items of business at thefirst meeting of the Kansas State CollegeEndowment Association. Evan Griffithwas unanimously elected president. Apresentation by college president MiltonEisenhower outlined some of the build-ing needs of the college, which includedresidential halls for men and women; achapel and furnishings for the studentunion building.

Feb. 17, 1945

From the first annual report of theexecutive committee

Gifts to the Endowment Associationseem to be gathering momentum.During the accounting year, approxi-mately $15,000 was received in cash.Cash receipts in the first six weeks of thepresent year have been nearly as large asduring the entire first year of theAssociation.

It is significant that gifts have beenreceived from hundreds of persons.Those interested persons of Kansas StateCollege are in many occupations andpositions in life and are scattered inmany parts of the world. Among thesegifts are those from service men on thefighting fronts in the present war.

The first list of donors began with theentry, “A private in the Army —$1,000.”

Oct. 24, 1947

Just three years after college presidentMilton Eisenhower had called for thebuilding of a chapel, ground was brokenfor the facility by another Eisenhowerwho would soon become president ofthe United States.

The idea of the chapel originatedwith St. Louis miller William Danforth,founder of Ralston-Purina, who con-tributed to the building of chapelsthroughout the country with the stipula-tion that they carry his name. Buildingand furnishing Danforth MeditationChapel became a grass-roots effort. Itwas designed by Theodore A. Chadwick,a Kansas State professor of architecture,and built by employees of the physicalplant. Donations included everythingfrom mortar to floor coverings to stainedglass windows. More than 500 peopleattended the dedication ceremony onOct. 7, 1949. In 1953, the 26 trusteesof the endowment association unani-mously approved the plans for the AllFaiths Chapel adjacent to the DanforthChapel.

1953

In 1953, Arthur F. Peine became thefirst official (although still unpaid)association staff member when he wasnamed director of endowment develop-ment and the development fund wasestablished. A prominent businessmanand former faculty member in the his-tory department, Peine was one of theoriginal trustees of the endowment asso-ciation and he had been heavily involvedsince its establishment.

In 1944, President Milton Eisenhowerexpressed the need for a campus chapel

and asked the newly formed Kansas StateCollege Endowment Association to lead

fundraising efforts on the project. A scalemodel of the chapel addition was

constructed by (left to right) R.P. Fasolino,R.A. Medeot, R.L. Funk, H.L. Berger,

R.D. Samuel, G.L. Scholz, F.G. Ernst, andTheodore A. Chadwick, professor

of architecture.

In September 2002, Virginia, Carolineand Perry Peine honored their familywith this new campus entrance at17th Street and Anderson Avenue:The Peine Gate.

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2 Kansas State University Foundation Annual Report 2004

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The Putnam scholarship was estab-lished to provide an opportunity toattend college for exceptionally capableand deserving students and helpdevelop in them a high sense ofpersonal responsibility and sharedobligation in the achievement of one’scapacities. Dr. Putnam made a secondgift in 1958 to help establish the Smith

Scholarship House in memory of herbrother, Maitland Smith. Over theyears, her generosity has providedscholarships and housing for literallythousands of K-State students, withmore than 100 scholarships beingawarded each school year. In 1961,K-State honored the generousbenefactor with the naming of PutnamHall, a student dormitory.

“If you help a youth make the stepfrom high school to college so he cancomplete his school while he is young,you have provided a benefit that goeson through the years,” Dr. Putnamsaid.

Asma Hassan Al-Rawi, Manhattan, junior in physics, and Kelsey Dorshorst, Oberlin, Kan.,freshman in pre-psychology, are two of this year’s Putnam scholars at K-State. Al-Rawihas followed an academic path similar to her two older siblings, Ali Mohammad (2003,mathematics, physics, computer science and computer engineering) and Duaa HassanMohammad (2002 chemistry and biochemistry), who also earned Putnam scholarshipswhile they were at KSU. Al-Rawi is a Telefund volunteer and president of the PhysicsClub. Dorshorst is also a recipient of the Dane G. Hansen Foundation Scholarship andCol. Delbert Townsend Scholarship, and she plays piccolo in the KSU Marching Bandand tutors preschoolers in her spare time.

A deep desire to honor thememory of her late husbandled Dr. Laurel IrenePutnam, who lived on afarm between El Doradoand Winfield, to make thelargest gift to Kansas StateCollege that had beenreceived to that time. Theseries of events began quietlywith a politely worded post-card inquiring whetherKansas State’s president waswilling to talk seriously withsomebody who was inter-ested in doing something forthe college. The meetingbetween Dr. Putnam andPresident McCain a fewdays later resulted in an out-right gift of $100,000, aswell as 30 farms worthapproximately $300,000.

The first 20 Henry J.Putnam Scholar awards were

made in the fall of 1955,and a banquet was held forthe scholars with Dr.Putnam as guest of honor.Dr. Putnam soon moved toManhattan, and enjoyed aclose association with thecollege and the scholars. Anarticle in the October 1956issue of the K-Staterdescribes Dr. Putnam as“keenly interested in thewelfare and progress of thesescholars. She feels that thefund she has established isan investment in the youthof Kansas.

“Dr. Putnam obtainedher own education piece-meal. She went to highschool in Beloit, then had ayear in business college inSalina, since money wasn’tat hand for college work. Byworking in a Beloit law

office and a bank, she savedenough money to finance ayear at Kemper Hall, aWisconsin girls’ boardingschool. She earned herM.D. degree from RushMedical School, Chicago, in

1917, and started practice inCalifornia. Marriage toHenry J. Putnam (of thePutnam InvestmentCompany of New Hamp-shire) in 1930 ended activemedical practice.”

Putnam Scholarship program leavesindelible mark on K-State

From the October 1956 K-StaterThat’s Dr. Irene Putnam with four of the students who havescholarship grants from her this year. From left: Joanne Taylor,Topeka; Virginia Taylor, Salina; Donnice Adamek, Holyrood;Howard L. Teaford, Manhattan — he had a Putnam scholarshiplast year, too.

Annual Report 2004 Kansas State University Foundation 3

Scholars continue to benefit from Putnam legacy

1956

Just 12 years after its establishment, theendowment association was ready for itsfirst full-time, paid staff member.Kenneth Heywood was named directorof endowment and development. Laterthat year, Heywood reported to thetrustees that gifts to the developmentfund that year had passed the $100,000mark for the first time.

April 7, 1956

Remarks by President McCain at theannual meeting of the endowmentassociation trustees

A large proportion of gifts made to theCollege in recent years has been used fornew buildings, principally the All FaithsMemorial Chapel, and the FeedTechnology wing. State or federal moneywas not available for either structure.

Two years ago the EndowmentTrustees were asked to give seriousconsideration to the possibility of raisingprivate funds for the construction ofmen’s dormitories; at that time itappeared that no State money could besecured for student housing. Contrary tothese earlier expectations, the 1955

Legislature enacted a law making avail-able for dormitories the proceeds from aquarter of a mill ad valorem tax. As aresult, the College is now engaged in thearchitectural planning of two dormito-ries accommodating 600 men each.Simultaneously, the Governor and theLegislature have shown a willingness tocontinue support for the constructionof additional instructional and researchbuildings at the College sufficient tokeep abreast of the increases inenrollment.

As far as outside gifts are concerned,the staff needs of the College are consid-erably more critical than our buildingneeds. The nationwide increase inenrollments is creating an acute shortageof teachers and scientists. Every yearhere at Kansas State we find it more dif-ficult to employ first-rate people forvacancies and to retain first-rate peopleon our staff in the face of competitiveoffers from other colleges and from pri-vate industry and governmental agen-cies. I should like to propose, therefore,that the Endowment Association con-sider seriously the possibility of develop-ing private financial support for staffsalaries. Such funds might be applied

toward “distinguished professorships” orendowed chairs in the various schoolsand departments.

1959

From the minutes of the 1959 annualmeeting of the endowment association

The first men’s scholarship house (nowdesignated as the Maitland E. Smith*Memorial Scholarship House) wasopened by the Endowment Associationin 1958 for 45 boys selected by theGeneral Scholarship Committee on thebasis of financial need, outstandingacademic work and ability to cooperatein group-living situations.

A contract has been completed withKappa Sigma Fraternity to purchasetheir present house located on NorthManhattan Avenue directly east of thecampus. The Endowment Association isto gain possession in May of 1960, withthe house to be opened in September of1960 as the Oscar Straube MemorialScholarship house. Preference for thishouse is to be given to students in FeedTechnology or related curricula.

*Maitland Smith was the brother ofDr. Irene Putnam.

March 11, 1960

From the faculty newsletter

Gifts to the Endowment Association’sdevelopment fund in 1959 totaled$216,764.86, far surpassing giving inany previous year. Since the develop-ment fund was begun in 1953, gifts forcurrent expenditures and projects haveamounted to $692,199.40. EndowmentAssociation assets, as of July 1, were$887,891.29. Most of these assets areendowed funds which support scholar-ships, loans, and other forms of studentassistance.


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From the October 1958 K-StaterAn anonymous donor gave the $37,500 which was needed for purchase of K-State’sfirst Scholarship House for men. “The girls ought to have one, too,” emphaticallydeclared an alumna, who then wrote a check for $1,000 to get the ball rolling.

April 30, 1961

From the Manhattan Mercury

In a meeting far exceeding expectationsfor attendance and exuding enthusiasmfor the task ahead, friends, alumni, staffand students of Kansas State Universityyesterday decided to raise $2,500,000for the university.

The Second Century Fund will be thefirst major effort of this scope on behalfof Kansas State University, and isplanned to assist more qualified studentsto go to college, to strengthen thefaculty, and to enrich the instructionalprogram.

The more than 300 Universityalumni, students, and friends who par-ticipated in the conference suggestedgoals of $1,500,000 for student aidthrough scholarships and loan funds,$400,000 for the support of distin-guished professorships, and $600,000for additional library resources andscientific apparatus and equipmentwhich cannot be supplied through statefunds.

The fund raising effort comes as theUniversity prepares to celebrate two cen-tennials. This coming year, K-State, asthe nation’s first land-grant institution,will have an important role in obser-vances of the land-grant centennial. Andthe following year the institution willobserve the centennial of its establish-ment as Kansas’ land-grant university.

March 1964

From the Trumpet, published by theEndowment Association

The Kansas State Endowment Associa-tion’s Development Fund started itssecond decade with private gifts totaling$473,834.07 for the 1963 calendar year.This figure exemplified a dramaticgrowth from the $33,550.93 totalcontributed in 1953, the first year ofthe Fund’s operation.

Of the 1963 total, $322,450.15 isdirectly attributable to the permanentDevelopment Fund. The balance of$151,383.92 represents payments onSecond Century Fund pledges.

From the October 1961 K-StaterDean R.I. Throckmorton relaxes on thestone wall at Oscar Straube Scholar-ship House as he chats with KennethHeywood about contributions of alumnito K-State. Alumni giving has increased40 percent each of the last two years,they’re happy to report.


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From the April 30, 1961,Manhattan Mercury

SETS POSITIVE MOOD — Dr. James McCainaddressing opening of the K-State Second

Century Planning conference.

May 1967

From the Trumpet

The largest senior class gift ever made toKansas State for scholarships has beenreceived by the Endowment Association.

The Senior Class of 1967 has con-tributed $1,200 to establish the Class of1967 Scholarship Fund.

1968

In 1968 the records of the endowmentassociation indicated a significant mile-stone — for the first timein its history, contributionsbroke the million dollarmark, with a total of$1,120,490.

1969

From the Annual Development FundReport

The annual giving report for 1969marks the beginning of a new era for theKSU Endowment Association. For thesecond straight year, private gifts to theUniversity totaled over $1 million.

Of the total number of 1969 donors,6,603 were alumni and 1,877 were otherfriends of the University. A noteworthyaspect of 1969’s giving is the fact thatthe alumni increased their participationa whopping 71.6 percent over the previ-ous year.

The largest contribution from onesource was a total of $175,735 receivedfrom a Kansas alumnus and manufac-turer. The smallest gift was $1.

November 1969

From the Trumpet

Examining some of the art works fromthe collection of the late E. HubertDeines is John F. Helm, director ofKansas State University’s Friends of Art.The Deines family has just given K-Statea collection of 54 of E. Hubert Deines’wood engravings and lino-cuts, as well as58 etchings, lithographs, block prints andother art works by well known Americanand English artists. This is the largest giftof art works ever received by K-State.

The gift was made to the KSUEndowment Association for the benefitof the University.

1972

From a letter by President James McCainin the New Scene (early honor roll)

It is with unusual gratitude that Iacknowledge the fact 9,027 of ouralumni made gifts to the University in1971 totaling $303,609 and the furtherfact that total endowment support forthe fourth consecutive year topped$1 million.

It is important for our alumni toknow how this gift money is spent. Weare just now completing a 16,000-square-foot addition to Ward Hall, ournuclear laboratory, at a cost of some$900,000 including $375,000 from theFederal Government and $100,000 fromthe state augmented by approximately$275,000 in endowment funds. Anendowment gift of $150,000 enabled theUniversity to purchase a 920-acre tractof tall prairie land near the campus forecological research. Endowment fundsprovided a total of $156,035 in scholar-ship aid to students during the past year.


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The Senior Sidewalk program wasinitiated in 1999 by the KSU StudentFoundation as an alternative to thetraditional senior class gift. Past seniorclass gifts have included the lamppostsnorth of Anderson Hall and the clock inthe north quad of campus, as well asscholarship funds such as the Class of1967 Scholarship. Since the SeniorSidewalk program began, graduatingseniors are asked to participate bypurchasing granite stones engravedwith their name and college. Thestones are set in the sidewalk at the17th Street entrance to campusadjacent to the Alumni Center andMemorial Stadium.

Student Foundation memberspictured, from left: Brad Rice, sopho-more from Wamego, Kan.; AdrianeMoss, junior from Hoxie, Kan.; WillOverly, junior from Louisburg, Kan.;Rachel Allen, sophomore from OverlandPark, Kan.; Grant Helmers, senior fromScott City, Kan.

John Helm was responsible forinitiating the collection of works of artby Kansas and regional artists that nowconstitutes the core of the BeachMuseum’s collection.

1975

From the Endowment Association’sHonor Roll

• Largest annual total of support —$1,696,236 (previous high,$1,525,969 in 1974)

• Largest number of donors ever —10,761 (9 percent increase over 1974)

• Matching Gifts (Alumni gifts matchedby the donors’ corporate employer)were up 20 percent in 1975.

• A total of $338,421 was given by1,922 persons for academic scholar-ships in 1975. This representedincreases over 1974 of 99 percent indollar amount and 85 percent innumber of donors.

• Membership in the Presidents Club($10,000 minimum qualification) roseto 89. Three new members wereenrolled during the year.

1979

From the March 1979 K-Stater

Kenneth Heywood is retiring in Aprilfrom his position as executive directorand vice president of the Foundation.He will remain in a part-time capacity.

Under his guidance the annual devel-opment fund total increased from$45,914 in 1955 to $3.375 million in1978. Permanent assets of the organiza-tion, now called the Kansas StateUniversity Foundation, increased from$600,000 in 1955 to $19 million today.

1979

From the 1979-1980 Annual Report andHonor Roll

• After almost a quarter of a century ofservice, Kenneth M. Heywood retiredand was succeeded by Arthur F. Loubas Executive Vice President, beginningin June 1979.

• The Foundation has been involved inseveral capital campaigns:

• — A $750,000 campaign to completethe third floor of ShellenbergerHall for Grain Science andIndustry.

• — A $500,000 campaign forEngineering, Phase II.

• — A $760,000 campaign for capitalimprovements for the Departmentof Intercollegiate Athletics, includ-ing a new synthetic turf and indoorworkout complex.

• — A $300,000 campaign to establishthe partially endowed professorshipin the Department of Geology.

1980

From the May 1980 K-Stater

A 30-day Telefund campaign conductedby the Kansas State University Founda-tion grossed $140,000 in pledges for theColleges of Engineering, Agriculture andArts and Sciences.

Students, faculty members andalumni from the colleges manned a bankof 15 telephones in the K-State Unionand called alumni across the nation eachnight and weekend during the month ofApril. The Telefund was designed toreach every graduate of the three collegeswho did not make a contribution to theuniversity last year. Approximately15,000 people were contacted. K-State’sother colleges will hold Telefunds, withsome beginning in the fall.


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The Konza Prairie Biological Station (KPBS) is an 8,600-acre native tallgrass prairiepreserve that serves as a unique outdoor laboratory and provides opportunities forbasic biological research on a wide range of plants, animals and processes. It wasfounded in 1971 through the acquisition of the historic Dewey Ranch (six miles south ofManhattan) and other adjoining tracts of land which were purchased for Kansas StateUniversity by the Nature Conservancy with funds provided by Katharine Ordway. KPBS,operated by K-State’s Division of Biology, has recently received a gift from the lateRushton Gardner (“Rusty”) Cortelyou (civil engineering, ’27), in honor of his father, JohnVan Zandt (“Van”) Cortelyou, a K-State faculty member from 1904 to 1934. This gift,along with a proposed National Science Foundation grant and other private gifts, will beused for the renovation of its 94-year-old limestone barn, transforming it into a meetingfacility with an educational lecture hall and exhibit space.

1982

From the May 1982 K-Stater

A Telefund campaign conducted by theKansas State University Foundationgrossed $196,272 in pledges for theColleges of Engineering, Agriculture andArts and Sciences.

Seven hundred volunteers — includ-ing students, faculty members andalumni — participated in the 30-daycampaign. They manned a bank of tele-phones in the K-State Student Unionand called 35,000 alumni across thenation. They obtained 11,004 pledges.

1983

From the November-December 1983K-Stater

During the past 10 years a favorite topicof conversation whenever K-Staters gath-ered concerned the need for a new bas-ketball facility.

But K-Staters have now stopped talk-ing and started taking action. With$4.1 million in cash and pledgesreceived by the KSU ColiseumCampaign as of Nov. 30, they’ve setevents in motion which will lead toconstruction of a new $16 million

multi-purpose facility. It is now pro-jected that the campaign will exceed its$6 million goal and could raise $7 mil-lion for the private portion of the fund-ing package.

1985

From the 1984–85 Achievement andHonor Roll

The Foundation achieved a particularmilestone this past year when our assetsgrew from $39,500,000 to a new totalof $54,426,000. The strength and pres-tige of an institution of higher educationcan be measured in various ways:research, service, curriculum, faculty,athletics, scholars and financial support.In surpassing the $50,000,000 plateau,the Kansas State University Foundation’sassets now rank in the top 100 of allcolleges and universities in the UnitedStates. The importance of this achieve-ment cannot be overemphasized. It is thebase that we can count on as we look tothe future and envision escalating ouropportunities to provide higher levels offinancial resources which, in turn, willenhance the support of K-State scholar-ships, capital improvements, professor-ships and equipment needs.

1986

From the November 1986 foundationnewsletter, Ways & Means

Beautiful blue skies and a light easternbreeze set the stage for the Oct. 18 FredBramlage Coliseum groundbreaking.Several hundred guests and universityofficials attended the festivities held onthe construction site south of KSUStadium. The ground was turned priorto the KU vs. KSU football game.

“Pledges being paid by the faithfulsupporters of the project have made allof this possible,” said foundationPresident Art Loub. “This will truly be afirst-class facility.”

1988

From the August 1988 Ways & Means

After years of anticipation, the Fred C.Bramlage Coliseum is about to gopublic.

Since groundbreaking ceremonies onOct. 18, 1986, construction of the$17.2 million multi-purpose facility hasmoved rapidly. The coliseum’s first pub-lic event will be Sept. 10 when the

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From the May 1982 K-StaterMore than 700 volunteers, including these students and faculty members calling onbehalf of the College of Arts and Sciences, took part in the Telefund.

Bramlage Coliseum construction

Presidents Club will tour the arena andits quarter-mile concourse.

The 13,500-seat facility includesnearly 3,000 chairback seats and enoughpurple paint to float a small boat.Funding for the project includes$8.2 million in gifts through the foun-dation, $7 million from students and$2 million from the athletic department.

1989

From the December 1989 Ways & Means

The K-State Marching Band, a host ofspecial guests and outstanding fallweather highlighted the Oct. 24 dedica-tion of the university’s new southeastentrance.

The Higinbotham Gate, adjacent toAggieville at the intersection ofAnderson and Manhattan Avenue, is thelatest in a series of campus beautificationprojects. Funds for the project were pro-vided by a trust and private gifts. Theproject is a memorial to Mr. and Mrs.Scott Higinbotham, Manhattan pio-neers, and to Helen R. McIntosh, a1946 K-State graduate. Marcia SloanBascom, a graduate student in landscapearchitecture was the winner of anentrance design competition.

1990

From the July 1990 K-Stater

More than 800 alumni and friendscelebrated the public launching of theUniversity’s $100 million Essential Edgecampaign with a black-tie gathering inBramlage Coliseum in April.

National Campaign Chairman RobertHagans ’50, Overland Park, Kan.,announced that the campaign wasalready more than halfway to goal with$52,455,545 raised as of April 21.

Hagans, a Kansas City businessexecutive, and Gordon Jump, a 1957graduate and television personality, were

co-emcees of the event. The kick-offfeatured a video, a monologue by Jumpand a concert by singer Marilyn Maye.

Planning for the Essential EdgeCampaign began four years ago, andactive fundraising began two years ago.

The campaign will benefit the eightacademic colleges, University Libraries,intercollegiate athletics and a new artmuseum.

1990

From the September 1990 Ways & Means

The former headquarters for KansasFarm Bureau will become the new homefor the KSU Foundation and theAlumni Association in 1991. The foun-dation purchase price is $1.5 million.Farm Bureau Mutual InsuranceCompany, owner of the building, willreceive credit for a $3.2 million gift tothe foundation. The $4.7 million pack-age reflects the building’s appraisedvalue. Funds to purchase the buildingwere provided by donors to finance anew Foundation/Alumni Center.

1991

1991 was memorable for the KSUFoundation as two families with well-established records of giving each madecontributions of $2 million. The giftspushed the Essential Edge Campaignpast the $90 million mark and createdlegacies on campus for both families.From the March 1992 Ways & Means:

K-State will build an art museum.Hays business executive Ross Beach hascommitted $2 million in honor of hiswife, Marianna, to the Essential EdgeCampaign for the Marianna KistlerBeach Art Museum.

“This is among the most significantgifts ever made to Kansas StateUniversity,” said Ruth Ann Wefald, amember of the Campus Art Committee.“The gift and the art museum are trib-utes to an outstanding family with a dis-tinguished history of generosity. KansasState owes an eternal debt of gratitude toRoss and Marianna Beach.”

Later that year, another $2 milliongift was made, but the donors wished toremain anonymous until after a referen-dum that committed $5 million in stu-dent fees to a proposed $27 millionlibrary expansion and renovation. Afterstudents passed the referendum with a

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From the July 1990 K-StaterRobert Hagans ’50 and Gordon Jump’57 were co-emcees at the EssentialEdge campaign kickoff event. Jumpgave an entertaining monologue aspart of the festivities.

Marianna Kistler Beach Museum of Art


97 percent approval rate, Joyce and J.D.“Joe” Hale, Overland Park, could beproperly thanked for their generous sup-port. From the March 1992 Ways &Means: “The Hales were introduced toabout 250 special guests during theFriends of K-State Libraries’ annual galaon Feb. 8.

“Thanks to the Hales’ gift, we havewitnessed a historic display of studentfinancial commitment,” said PresidentJon Wefald. “This private-public part-nership will benefit our students, facultyand staff for generations. This is a mon-umental achievement for Kansas StateUniversity.”

1992

From the October 1993 Ways & Means

During the 1992 fiscal year, K-Statereceived gifts from 27.1 percent of itsalumni. Iowa State University recordedthe second highest support rate at21 percent, and the conference averagewas 18.2 percent.

K-State’s average is the seventh high-est in the nation among 112 publicresearch/doctoral universities.

The nationally-recognized KSUFoundation Telefund is a key toK-State’s lofty support totals. The all-volunteer telephone fundraising programincludes about 1,400 student callers

each year. Since 1980, some 200,000alumni have pledged more than $6 mil-lion via Telefund.

1993

In January 1993, Art Loub became pres-ident emeritus and consultant for theKSU Foundation. Loub had served aspresident from 1979 to 1993, and hadpresided over a period of significantgrowth in the foundation’s history. Thedollars raised annually passed $21 mil-lion and assets climbed to $125 million.

Presidents Club membership reached2,000 and donors exceeded 34,000.

Loub was succeeded by Mark Moore,who had served on the staff for 14 years.Moore directed the Essential EdgeCampaign and had been instrumental inthe growth of planned giving at thefoundation.

1993

From the March 1994 Ways & Means

On June 30, 1993, the curtains closedon Kansas State University’s EssentialEdge Campaign with a total of$163,648,600 raised for the university’sbenefit. The campaign total wasannounced at the foundation’s Board ofTrustees annual meeting in October.

The campaign goals were $100 mil-lion for cash and pledges, and $25 mil-lion for deferred gifts.

The annual meeting’s keynote ban-quet speaker was Gordon Jump, who co-hosted the campaign kickoff gala. Jumpsaluted Kansas City businessman RobertF. Hagans for outstanding volunteerleadership as the national chair of thefive-year campaign.

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Jo and Bill Harbin, Salina, Kan., with Dennis Kuhlman, dean, K-State at Salina, andKSU President Jon Wefald at the September 1997 dedication of Harbin Hall.

Hale Library

1995

From the June 1995 Ways & Means

The decision to create an estate plan anda long-standing desire to support highereducation has led a 1950 Kansas StateUniversity graduate and his wife to com-mit $2 million to finance a new studentresidence hall at Kansas State Universityat Salina.

Bill and Jo Harbin of Salina created atrust with the foundation to finance thesecond residence hall at K-State-Salina.

The couple owned Harbin Construc-tion Co., a prominent contractor servinga four-state area. This gift includes stockand land that will be sold by the founda-tion to fund the trust, and the trust willfinance the residence hall.

Construction on the planned 68-bedHarbin Hall will begin in 1995 and isexpected to be ready for occupancy inearly 1996.

1996

In 1996, Gary Hellebust succeededMark Moore as foundation president.Hellebust had joined the foundation in1983 and had served as director of cor-porate and foundation relations, vicepresident of major gifts, and executivevice president and chief operating offi-cer. Under his leadership, the founda-tion has achieved seven consecutiveyears of record contributions. Fund-raising efforts are now concentrated onbehalf of college constituencies and thefoundation staff includes approximately70 people.

1997

From the May 1997 Ways & Means

A relationship that began over 50 yearsago, when her husband enrolled inKansas State University’s College ofEngineering, has led Alice Fiedler ofSt. Petersburg, Fla., to contribute anadditional $2.79 million to help com-plete the expansion of the engineeringcomplex.

The new building will be namedFiedler Hall in honor of Alice and herlate husband, George, and will houseFiedler Library, a 20,000 square-footcomputer-based interactive library thatwill include multi-media classrooms.

The Fiedlers began their support ofKansas State University more than20 years ago with annual gifts to theCollege of Engineering. As time wenton, they decided to expand their com-mitment to K-State and began exploringvarious giving options with the KSUFoundation staff.

Alice continued to carry out thosecontribution plans after George’s deathin 1988. In December 1988, she estab-lished the first of four trusts with thefoundation. She made additional contri-butions to support the engineering com-plex expansion project. Her most recentgift brings the Fiedlers’ lifetime givingtotal to nearly $6 million.

Editor’s note: Alice continued to makegenerous gifts until she died in July 2003.The Fiedlers’ lifetime giving was$7.7 million.

1998

From the 1998 Annual Report

Record giving levels continue to beachieved by dedicated alumni andfriends of Kansas State University. Forthe third consecutive year, contributionsto the foundation have topped theprevious year’s record. Fiscal year ’98saw contributions of $27,115,406, anincrease of $1.3 million over the

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From the Autumn 2000 OvationsRuth Ann Wefald, Alice Fiedler and KSU President Jon Wefald share a moment of prideduring dedication ceremonies for Fiedler Hall and Library held September 9. The$12 million project was made possible through $5 million in state “CrumblingClassrooms” funds and $7 million in private donations, including more than $5 millionfrom Alice Fiedler. The St. Petersburg, Fla., resident made the donation in honor of herlate husband, George Fiedler, a K-State alum.

previous year. In addition, for the firsttime, foundation assets undermanagement have topped $200 million.

Alumni and friends from across thenation drove the KSU Foundation’s1998 Telefund total over the $1 millionmark for the first time in its 19-year his-tory. Telefund ’98’s pledge total of$1,009,614 surpassed the 1997 total by$120,000 and the 1996 total by$182,000.

1998

From the Winter 1999 foundationnewsletter, Ovations

The Kansas State University $50 millionScholarship Campaign is off to a greatstart with $33 million and counting!The Scholarship Campaign was kickedoff Sept. 18, 1998, with a spectacularand spirited rally attended by severalhundred alumni and friends.

“College is a major investment forstudents and their families, but theexpense of an education can be lessened

with scholarships,” said Gary Hellebust,president and chief executive officer ofthe KSU Foundation.

According to Hellebust, 70 percent ofK-State’s students qualify for financialaid, the highest percentage among all ofthe Regents institutions in Kansas andthroughout the Big 12 Conference.

1999

From the Summer 1999 Ovations

A gift of $2.4 million from the estate ofFlorence Harold Marcoux, Oberlin,Kan., will stand as the largest single giftfor scholarships in the 136-year historyof K-State. The bequest was establishedto honor her parents, William andMelissa Harold.

“This gift is beyond belief,” said PatBosco, dean of student life. “It is abenchmark gift to our scholarship effortsfor recognizing good students. TheHarold Scholarship will recognize lead-ership, community service and academicperformance of incoming freshmen.”

Florence earned her bachelor ofscience degree in home economicseducation in 1930 and her master’sdegree in dietetics and institutionalmanagement in 1936 from Kansas StateAgricultural College. She moved toTopeka in 1947 to begin teaching homeeconomics at Washburn University.While there, she met Dale C. Marcoux,a business professor at Washburn. Theywere married in 1950.

Florence placed great emphasis onlearning and was a daily reader of localnewspapers and The Wall Street Journal.She and Dale lived frugally, preferring toinvest their extra money rather thanspending it on themselves.

1999


• The foundation has recorded a 70 per-cent increase in total giving over thepast five years.

• Contributions creating new endow-ments or adding to existing endow-ments totaled $9.7 million in 1999, athree-fold increase in the last threeyears.

• Scholarships totaling $6.4 million wereawarded to 4,831 students this year.

• Telefund observed its 20th anniversaryand generated pledges of more than$1 million for the second year in a row.

• Foundation assets under managementclimbed from $222 million to$246 million.

2000

More than 400 people joined in thespirit of celebration for the conclusion ofthe foundation’s $50 million ScholarshipCampaign at an event in Kansas City.The campaign closed with a total of$63,594,667. Gifts were received from17,670 households, corporations andfoundations.

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Kurt Fenster, Nick Deneault, Brit Karber, Matt Coleman and Ryan Feldkamp are someof the recipients of the William and Melissa Harold Scholarship. In addition to themonetary award, recipients are encouraged to enroll in the University LeadershipTraining class, the only interdisciplinary leadership student program in the Big 12conference. This award is offered to incoming freshmen who held leadership positionsin high school such as student body president or officer in an honorary organization. Tobe eligible, students must score a 26 or higher on the ACT and a 3.6 minimum gradepoint average.


2001


K-State’s loyal alumni and friends con-tributed $44.5 million in support of theuniversity this year. Combined withmore than $16 million in pledges andbequests, the total gift activity for theyear exceeded $60 million. This was thesixth consecutive year of record-breakingcontributions, and this year’s total wasmore than double the amount raised in1996. It will come as no surprise, then,to report that K-State alumni, who haveranked in the top 10 in alumni philan-thropic giving among public research/doctoral institutions for a decade,climbed into the number four spot inthe nation last year with 23 percent ofour alumni making donations.

2002

The KSU Foundation received a $3 mil-lion bequest from Joe and ElizabethBarton-Dobenin, Weslaco, Texas, tosupport international programs atK-State. Joe, who was born in Prague,Czechoslovakia, was a professor in theCollege of Business Administration atK-State, retiring in 1985. He helpedestablish and served as director for theSmall Business Development Center.

Prior to making their bequest, Joe andElizabeth had established several scholar-ships and funds, including a studentexchange program between K-State andthe Czech Republic. The bequest willfund scholarships, faculty exchanges, aninternational chair and fine arts.

2002

Dedication and grand opening cere-monies were held in June for K-State’snew research park and its first corporatetenant, NanoScale Materials Inc.

The 25-acre research park is ownedby the KSU Foundation, which leases

land to tenant companies that haveongoing research relationships with theuniversity. The research park providesthe university with crucial research labo-ratory space to support the growing“technology transfer” from university-based research to commercialization ofnew technologies.

2002

A $2.2 million bequest from the estateof Lillie Lafene provided needed fundsto complete construction on the TerryC. Johnson Center for Basic CancerResearch in the new Chalmers Hall.Johnson, who led the center for morethan 20 years, had focused his energiesfor the previous several years on raisingmoney for the new center. But, the goalproved elusive until the summer of2002, when it was learned that Lillie,who died in May of that year, hadbestowed a gift of uncommon generosityon the cancer center. Johnson, who hadbeen diagnosed with cancer two yearsearlier, died in October of 2002. At the

time of his death, he knew the fundingwas secure and the cancer center he haddreamed of would become a reality.

The Lafene name is a familiar one oncampus, due to the student health centernamed in honor of Dr. BenjaminLafene, Lillie’s husband. Lillie graduatedfrom K-State with a bachelor’s degree inhuman ecology in 1926 and a master’sdegree in 1928. She married Lafene in1931. He served as director of studenthealth services from 1948 to 1961, andthen taught science, retiring as a fullprofessor in 1971. He died in 1990.

The Lafenes made several donationsto the cancer center, but the final gift of$2.2 million was unparalleled. The cen-ter was dedicated in April 2004, and thecommons area now bears Lillie’s name.

2003

A bequest of $2.5 million was realizedfrom the estate of Charles and LoisNauheim, Manhattan. In 1932, Charlesearned a bachelor’s degree in agronomywith a minor in economics. He earned

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Presidents Club members enjoy the hospitality of Joe and Elizabeth Barton-Dobenin athis family’s castle, Zbraslav, in Prague, Czech Republic, in spring 2003.

his master’s degree in economics in1934. The couple was married in 1935,and returned to Manhattan in 1954.Charles worked for the United StatesDepartment of Agriculture, Bureau ofAgricultural Economics, and wasassigned to the USDA office in the agri-cultural economics department inWaters Hall at K-State. The Nauheimsdeveloped strong friendships with severalfaculty members. In 1960, Lois decidedto finish her college education nearly30 years after originally attendingK-State. She received her bachelor’sdegree in home economics in 1962.

Charles and Lois died only a fewmonths apart in 2002. The bequest theymade to honor their alma mater estab-lished five scholarships at K-State: theCharles W. and Lois H. NauheimAgricultural Economics Scholarship,Agronomy Scholarship, FreshmanScholarship, 4-H Scholarship andVeterinary Medicine Scholarship.

2004

The worth of a K-State education andthe truth of K-State loyalty were beauti-fully illustrated this year when 2003graduate Andrew Bell became theyoungest person in K-State history toestablish an endowed fund.

“After I accepted my job at Exxon-Mobil, I started thinking about how Icould give back to K-State,” Andrewsaid. “Coming from the College ofBusiness Administration, you have themindset of finding the best bang foryour buck. I thought it would be a wiseinvestment for me to start an endow-ment with ExxonMobil’s support.”

Through ExxonMobil’s EducationMatching Gifts Program, which providesa 3-to-1 match to employees who want

to contribute to their alma mater,Andrew contributed $12,000 to assistfuture leaders of K-State’s residence halls.

“K-State has made an impact on mylife and has given me the foundation Ineed to become successful,” Andrewsaid. “I hope other young graduates tryto make an impact on their owngeneration while they have recentmemories of K-State. Beyond that, Ihope it challenges others to start theirown endowments.”

years

K-State’s Telefund began in 1979 and has grown to become the world’s largest all-volunteer telephone campaign for higher education. Over the last 25 years, Telefund hasgenerated more than $18.4 million via 413,824 pledges and involved about 20,000student volunteers. Telefund now teams up with a variety of corporate and private sponsorswho provide funding, merchandise, discounts and coupons that are used as rewards andincentives for student volunteers. The Kellogg’s Company, for example, provided permissionfor use of its mascots, Tony the Tiger and Snap, Crackle and Pop, as well as more than1,700 pounds of dry food — boxed cereal, cookies, toaster pastries and snack bars —distributed as nightly prizes or refreshments. A group of alumni known as the Wichita AreaBig Wheels collectively provide a new vehicle each year as a grand prize and enticement toprospective volunteers. This year, a Nissan Frontier pickup truck was customized withTelefund logos, displayed on campus in the fall and given away at the ceremonial “prizebash” in April.

Andrew Bell with his mother, Marylyn, outside the Higinbotham Gate.


years


Lee Borck, ’70AgriculturalEconomics

Lyle Pishny, ’73Accounting

Dear friends:

We hope you have enjoyed this look back at the first 60 years of the KSU Foundation. The achieve-ments are remarkable. An organization that was incorporated without a penny to its name now holdsassets worth $319 million. Our group of volunteer leaders has grown from a handful to manyhundreds. Fewer than 500 donors contributed in the first year, while 47,000 alumni and friends madecontributions in fiscal year 2004.

The research for this report revealed another gratifying pattern — the same names appeared over andover throughout the 60 year history. In the first year of the foundation’s existence, 11 donors madecontributions of $500 or more. Some of those names are familiar to us today as current donors. Formany of our donors, contributing to K-State is a deeply rooted family tradition. You’ll meet two ofthose families in the following pages.

Fiscal year 2004 was as exciting as any year past. K-State alumni and friends contributed a record$54.2 million in cash, surpassing last year’s cash total of $44.8 million by 21 percent.

Deferred gifts and pledges of $16.7 million, combined with cash gifts, pushed total gift activity forthe year to $70.9 million, the second largest overall total in our 60-year history.

In fiscal year 2004, gifts to the foundation established 94 new scholarships and four faculty chairsand professorships. There were 18 gifts and pledges of $1 million or more.

Fiscal year 2004 also brought a more favorable investment climate, with an 18.51 percent returnon investment, the second-highest in foundation history.

If that isn’t enough, here’s one more thing: based on data compiled annually by the Council for Aidto Education, K-State’s level of alumni support is No. 1 in the Big 12 and No. 1 in the nation.K-State’s 32 percent alumni support rate was eight points better than the second place Big 12university, (University of Kansas with 24 percent) and nearly twice the conference average.

On behalf of the members of the foundation Board of Trustees, our university administration andfaculty, and the foundation staff, we extend our heartfelt thanks for your past — and your future —contributions. Never doubt that your gift counts. Private philanthropy makes the difference between adream that comes true and a dream that never gets a chance.

Lyle Pishny, Chairman Lee Borck, Chairman Gary Hellebust, President & CEOExecutive Committee Board of Trustees KSU Foundation

Gary Hellebust, ’69Animal Science

Gift Activity1999–2004Dollars in millions

years


Volunteer LeadersExecutive CommitteeThe Executive Committee is com-posed of the chairman, vice chair-man, secretary and treasurer of theBoard of Trustees, the president ofthe university, the chairman of theK-State Alumni Association Boardof Directors and additional mem-bers elected from the Board ofTrustees.

The Executive Committee meetsquarterly to consider policy andmanagement issues and is authorizedto act on behalf of the Board ofTrustees between its annual meet-ings. Executive Committee membersalso apply their expertise to commit-tees including investment advisory,development and prioritization,technology, budget and operations,accounting and audit, trust manage-ment advisory and nominating.

EXECUTIVE COMMITTEE AS OFJUNE 30, 2004Lyle PishnyChairman, Executive Committee

Betty TointonVice Chairman

Lee BorckChairman, Board of Trustees

Duane CantrellCharles Claar Jr.Chairman, K-State Alumni AssociationBoard of Directors

Joe DowneyPaul EdgerleyLee HarrisSecretary, Board of Trustees

Phil HoweEarl McVickerTreasurer, Board of Trustees

Richard PearsonPaul StephensonVice Chairman, Board of Trustees

Eleanor StolzerDonna VanierDennis von WaadenJon WefaldPresident, Kansas State University

Board of TrusteesThe foundation’s governing board consists of elected volunteers who serve four-year terms.The Board of Trustees meets annually to consider foundation policies and strategic direc-tion. Trustees also help identify, cultivate and solicit support for the university from individ-uals, corporations and foundations.

Trustees not only volunteer their time and expertise, they also provide continuous finan-cial support to the university.

BOARD OF TRUSTEES AS OF JUNE 30, 2004

Charles Arthur IIIManhattan, KS

Douglas AyreLarned, KS

Jane AyreLarned, KS

Jack AyresScottsdale, AZ

Janet AyresScottsdale, AZ

Bruce BachmanCentralia, KS

Sally BakerGranbury, TX

Thane BakerGranbury, TX

Michael BarreraArlington, VA

Joseph Barton-DobeninWeslaco, TX

Jon BaumShawnee Mission, KS

Marianna BeachLawrence, KS

Karen BellManhattan, KS

Ann BinghamLake Quivira, KS

Larry BinghamLake Quivira, KS

Beth BirdAnthony, KS

Dan BirdAnthony, KS

James BirkbeckHolton, KS

Mary BirkbeckHolton, KS

John Black Jr.Mason, MI

Rolando BlackmanDallas, TX

Tamara BlackmanFrisco, TX

Jarold BoettcherBeloit, KS

Eldon BoisseauWichita, KS

Janet BoisseauWichita, KS

Kathleen BorckLarned, KS

Lee BorckLarned, KS

Nadalie BosseHinsdale, IL

Ron BramlageJunction City, KS

Ben BrentManhattan, KS

Karen BrokenickyManhattan, KS

Philip BrokenickyManhattan, KS

Mary BrooksOverland Park, KS

William BrooksOverland Park, KS

Samuel BrownbackTopeka, KS

Elizabeth BurkeDoylestown, PA

Franklin BurkeDoylestown, PA

Charles BurtonManhattan, KS

Linda BurtonManhattan, KS

Bernard ButlerManhattan, KS

Duane CantrellTopeka, KS

Leslee CantrellTopeka, KS

Tom CarlinManhattan, KS

C.Q. Chandler IIIWichita, KS

Charles Chandler IVWichita, KS

Georgia ChandlerWichita, KS

Jerome ChandlerTucson, AZ

Lois ChandlerTucson, AZ

David ChelesnikDel Mar, CA

Ann ChristianManhattan, KS

James Colbert Jr.Palm Desert, CA

Marcia ColbertPalm Desert, CA

Patricia CondermanManhattan, KS

Randall CoonrodWichita, KS

Donald CordesWichita, KS

Bonnie CordillTopeka, KS

Jerry CordillTopeka, KS

Nancy CoulterDisney, OK

Roger CoulterDisney, OK

Ann CranorShawnee Mission, KS

Timothy CranorShawnee Mission, KS

Tara CuppsWichita, KS

Terry CuppsWichita, KS

Chris CurtinOverland Park, KS

Hugo Dahlstrom IIIMcPherson, KS

Neisha DahlstromMcPherson, KS

Robert DavisTopeka, KS

Venette DavisTopeka, KS

Robert DeBruynManhattan, KS

Amy DobbinsOlathe, KS

Mark DobbinsOlathe, KS

Ann DodderidgeVenice, FL

Richard DodderidgeVenice, FL

Dixon DollSan Francisco, CA

Joe DowneyManhattan, KS

Sherry DowneyManhattan, KS

Lou Ann DunnSalina, KS

Martin Eby Jr.Wichita, KS

Paul EdgerleyBrookline, MA

Gary EdwardsHouston, TX

Peggy EdwardsHouston, TX

Ann EricksonManhattan, KS

Howard EricksonManhattan, KS

David FiserManhattan, KS

Barry FlinchbaughManhattan, KS

CatherineFlinchbaughManhattan, KS

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Curtis FrasierBeloit, KS

Sheryl FrasierBeloit, KS

Marilyn GalleManhattan, KS

Nelson GalleManhattan, KS

Mark GalyardtAtlanta, GA

Susan GalyardtAtlanta, GA

Henry GardinerAshland, KS

Douglas GastonLeawood, KS

Rozanne GastonLeawood, KS

Jeffrey L. GatesNew York, NY

Malinda GilchristManhattan Beach, CA

Gary GlatzGurnee, IL

Nicholas GoldenOverland Park, KS

Susan GoldenOverland Park, KS

Jack GoldsteinManhattan, KS

Joann GoldsteinManhattan, KS

Celinda GrahamWichita, KS

James GrahamWichita, KS

John GrahamManhattan, KS

Mary Lee GrahamManhattan, KS

Helen L. GravesSalina, KS

James Grier IIIWichita, KS

Ada HarbinSalina, KS

William HarbinSalina, KS

Barbara HarrisLeawood, KS

R. Lee HarrisLeawood, KS

Marsha HedlundMontezuma, KS

Ty HedlundMontezuma, KS

Michael HerbelFort Worth, TX

Kenneth HewsonLarned, KS

Mary HewsonLarned, KS

Jerry HillMarina del Rey, CA

Joleen HillManhattan, KS

Colleen HodesRockaway, NJ

Steven HodesRockaway, NJ

Donald HoffmanHays, KS

Gretta HoffmanHays, KS

Jeannie HollisTucson, AZ

Philip HollisTucson, AZ

Allen HomanPortage, MI

Dianne HonomichlDe Soto, KS

Kevin HonomichlDe Soto, KS

Julie A. HostetlerManhattan, KS

Phil HoweManhattan, KS

Cleve HumbertManhattan, KS

Rae ImanAlbuquerque, NM

Ronald ImanAlbuquerque, NM

Connie JaynesTulsa, OK

Ann JohnsonLawrence, KS

James JohnsonColorado Springs, CO

Steven JohnsonLawrence, KS

Steven JohnsonAssaria, KS

Hannah KerschenWichita, KS

Richard KerschenWichita, KS

Kenneth KnightLyons, KS

Tamara KnightLyons, KS

Completing the CircleAlthough the KSU EndowmentAssociation had always beenfocused on supporting current stu-dents and the campus, an excep-tion was made in 1957 to recog-nize the success of an alumnus.Thane Baker, class of 1953, hadjust attended the 1956 Olympicsin Melbourne, Australia, winninga bronze medal in the 200-meterdash, silver medal in the 100-meter dash and gold medal as cap-tain of the 400 meter relay teamthat set a world record.

In January 1957, the ExecutiveCommittee passed the followingmotion:

“The committee felt thatBaker’s performance at the Gamesreflected a high degree of credit onK-State which could not have oth-erwise been attained.”

Baker’s wife, Sally Doyle Baker,class of 1956, had been finishingher degree at K-State and workingat the Manhattan Mercury to earntravel money for the trip toAustralia. She wrote a story abouther trip that was published in theMarch 1957 K-Stater alumnimagazine.

Thane was already an Olympicsilver medalist (1952 Helsinkigames, 200-meter dash) before hehad met and married Sally. Theywere in an American literatureclass at K-State and Thane askedthe professor to place Sally on apicnic site committee with him.They married two years later in1954.

Thane served in the Air Forceand was a manager for Magnolia/Mobil Oil. Sally was a manager forgift shops at the Anatole Hoteland Toyworks. They both haveserved on the K-State alumniboard and are currently on theboard of trustees for the KSUFoundation.

The Bakers have furnished twoendowed scholarships at K-Stateand are Presidents Club membersin the Fairchild Society. Sally waschair of the College of HumanEcology $50 million scholarshipcampaign and received theHuman Ecology DistinguishedService Award in 2003. Thanereceived the Distinguished ServiceAward from his fraternity, DeltaTau Delta, in 2004.

From the March 1957 K-StaterSally shows her father, Bill Doyle ’33,the gold medal Thane won last fall.Bill is coach and farmer in Douglass.Thane earned his BS degree in1953; Sally got hers last May.

Sally and Thane Baker, with Gen.Richard Myers ’65, at the KSUFoundation’s Board of TrusteesAnnual Meeting in 2003.

Family ties The KSU Foundation owes its estab-lishment to the involvement of a smallgroup of caring and motivated individ-uals. Among them was an industriouspair of brothers from Manhattan —Evan and Tom Griffith — who oper-ated a pair of prominent businesses:Griffith Coal & Lumber Company andUnion National Bank (CommerceBank).

Evan and Tom were inseparable.They both attended K-State; Evan grad-uated in 1922 in general science andTom took classes in the mid 1920s. Asadults, they lived across the street fromeach other. Both were very close to theirsister Josie, who also held an interest inthe bank. As bankers, the Griffiths hada philosophy of promoting the com-munity. They believed K-State wasManhattan’s lifeblood.

Eleanor Stolzer, Tom’s daughter, said,“We were brought up to understandthat the university was very, very impor-tant to Manhattan and you did whatyou could to make it succeed. It waswhat made the town.”

Evan served as the foundation’s firstchairman until his death in 1961. Hewas active in local politics and becamemayor. Manhattan’s Griffith Park wasnamed for Evan. Tom was the founda-tion’s next chairman and assumed oper-ation of the bank in his brother’s place.He died in 1971.

Eleanor, who graduated fromK-State with a bachelor’s degree in

home economics in 1956, has contin-ued her family’s tradition through sup-port of the university and participationat the KSU Foundation. She is a mem-ber of the board of trustees and execu-tive committee. Eleanor’s husband, BillStolzer, has been a trustee since 1968.K-State President James McCainappointed Bill to the executive com-mittee in 1971 and he served until1998. Bill graduated from K-State in1957 with a bachelor’s degree in busi-ness administration. He is chairman ofCommerce Bank.

Eleanor and Bill have regularly madecontributions to the university duringthe last 30 plus years, including majorgifts for the College of BusinessAdministration, K-State Alumni Centerfor naming the grand staircase, ColbertHills Golf Course, McCain Auditoriumand Friends of the Library.

“Bill and I have been thrilled to beon the foundation’s executive commit-tee after Dad and Evan worked so hardto get it organized,” Eleanor said. “It allgoes back to serving K-State, which

tends to be a big part of your life whenyou’ve lived in Manhattan your wholelife.”

Evan’s daughter, Margaret Howe, alsohas a current connection to the KSUFoundation. Her husband, Phil, is onthe executive committee and has been atrustee, off and on, since 1975. Heworked at Union National Bank and iscurrently chairman of Kansas StateBank in Manhattan. Phil and Margaretboth graduated from K-State in 1954,with bachelor’s degrees in business andhome economics, respectively.

“We’re big supporters of anything theschool does,” Phil said. “We’re preparedto do anything we can do to help,whether personally or with the bank.We’re all big boosters of K-State.”

Now this Griffith family traditionhas extended to the next generation. In2004, the Stolzer’s daughter, MaryKevin Giller and her husband Tom,were elected to the board of trustees ofthe KSU Foundation.

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Joan KnollTopeka, KS

Curtis KrizekShawnee Mission, KS

Barbara KrugerHenderson, NV

Lon KrugerHenderson, NV

Cheryl LockettJacksonville, FL

Kevin LockettJacksonville, FL

Beth LullSalina, KS

Dennis LullSalina, KS

Joyce LutzTopeka, KS

Ronald LutzTopeka, KS

Daniel LykinsTopeka, KS

Judy LykinsTopeka, KS

Johanna LyleManhattan, KS

Kenneth LyleManhattan, KS

Lynn MarkelRogers, AR

Janet MarkelRogers, AR

Terry MatlackShawnee Mission, KS

Donald MatuszakDacula, GA

Diana McCaustlandManhattan, KS

Robert McCaustlandManhattan, KS

John McCloskeyEvergreen, CO

Earl McVickerHutchinson, KS

Candy MerrillOverland Park, KS

Fred Merrill Jr.Overland Park, KS

Lauren MeyerLenexa, KS

Eleanor and Bill StolzerTom and Evan Griffith

years


Mark MeyerLenexa, KS

Doris MillerManhattan, KS

Joseph P. MillerSpring Lake, NJ

Monte Miller Jr.Manhattan, KS

Rich MistlerFairway, KS

John MontgomeryJunction City, KS

John MorganPacific Palisades, CA

Linda MorganPacific Palisades, CA

Aaron MorrisonSalina, KS

Cy MoyerPhillipsburg, KS

Bill MuirManhattan, KS

Keith MullLarned, KS

Marian MullLarned, KS

Dennis MullinManhattan, KS

Andrew MurphyGreat Bend, KS

Larry NettlesHinsdale, IL

Dea OlsonTopeka, KS

Keith OlsonTopeka, KS

Richard PearsonLeawood, KS

Kenneth PeirceHutchinson, KS

John PerrierDodge City, KS

Janice PishnyStilwell, KS

Lyle PishnyStilwell, KS

Randolph PohlmanFort Lauderdale, FL

Mary H. PollackNew York, NY

Doyle RahjesAgra, KS

Sidney ReitzSalina, KS

Kathleen RiordanPrairie Village, KS

Michael RiordanPrairie Village, KS

Roy RobinsonKansas City, KS

Sylvia RobinsonKansas City, KS

Hal RossWichita, KS

Mary Lou RossWichita, KS

Bill SanfordNaples, FL

Duane SaundersEden Prairie, MN

Denise SchneiderHinsdale, IL

Robyn SchneiderHinsdale, IL

Rhea SerpanDanville, CA

Patricia SerpanDanville, CA

Gerald ShadwickGreeley, CO

Jeannine ShadwickGreeley, CO

Connie SinkManhattan, KS

Roger SinkManhattan, KS

Leon SkeltonWichita, KS

Donald SmithTopeka, KS

Suzy SmithTopeka, KS

John StackGravois Mills, MO

Susan StannardKansas City, MO

William StannardKansas City, MO

Amy Lou StephensonWichita, KS

Paul StephensonWichita, KS

John StitesManhattan, KS

Eleanor StolzerManhattan, KS

Bill StolzerManhattan, KS

Joe StoutCottonwood Falls, KS

Mary Lea StoutCottonwood Falls, KS

Charles StrykerTopeka, KS

Karl StutterheimSalina, KS

John TeeterLenexa, KS

Patricia TeeterLenexa, KS

Jane ThiessenManhattan, KS

Richard ThiessenManhattan, KS

Bernita ThornTopeka, KS

Robert ThornTopeka, KS

Joe TiaoManhattan, KS

Frank TillmanManhattan, KS

Betty TointonGreeley, CO

Mark TruittLeawood, KS

Greg TuckerSan Francisco, CA

Olive UbelTopeka, KS

Donna VanierBrookville, KS

John Vanier IISalina, KS

Jack VanierBrookville, KS

Laura VarneyManhattan, KS

Bill VarneyManhattan, KS

Dennis von WaadenAustin, TX

Sally von WaadenAustin, TX

Edwin WambsganssSteamboat Springs, CO

Byron WartaNewton, KS

Marjorie WartaNewton, KS

Dan WassenbergMarysville, KS

Jon WefaldManhattan, KS

Ruth Ann WefaldManhattan, KS

Carol WeibertManhattan, KS

Warren WeibertManhattan, KS

Darrell WesterveltManhattan, KS

Jane WestfallManhattan, KS

Herbert WhitneyHouston, TX

Mary Sue WhitneyHouston, TX

Catherine WielandColby, KS

Scott WielandColby, KS

Donald Wilbur Jr.Paola, KS

Michael WildsManhattan, KS

Larry WilliamsHalstead, KS

Charles Wilson Jr.Del Mar, CA

Dave Woolfolk Jr.Manhattan, KS

Julia WoolfolkManhattan, KS

George YappBarrington, IL

EMERITUS TRUSTEESDuane AckerAtlantic, IA

C.W. AllerheiligenMarysville, KS

Ron AndersenTopeka, KS

John ArmstrongMuscotah, KS

Charles ArthurManhattan, KS

George Bachman*Centralia, KS

Chance BahadurBarrington, IL

Willard Balderson*Wamego, KS

Sonny Ballard*Manhattan, KS

William Barbe*Greenwich, CT

Dale Barkyoumb*Manhattan, KS

Joseph Barton-DobeninWeslaco, TX

James BaxterWinter Park, FL

Ross BeachHays, KS

Max BeamWashington, KS

Dean BeckerWichita, KS

William BeezleyGirard, KS

Alan BellManhattan, KS

Walter Bell*Manhattan, KS

Wendell BellConroe, TX

Ray BertSedgwick, KS

Howard Blanchard*Garden City, KS

Herbert BlevinsBasking Ridge, NJ

Gene BonnellBartlesville, OK

McDill Boyd*Phillipsburg, KS

Bill Bradley*Lawrence, KS

Charles Brainard*Abilene, KS

Donna Brainard*Abilene, KS

Fred Bramlage*Junction City, KS

Norman BrandeberryLady Lake, FL

Norman BransonJupiter, FL

Gray Breidenthal*Kansas City, KS

Eleanor BrentManhattan, KS

Robert Brewer*Manhattan, KS

Jacquie BrewerManhattan, KS

Helen BrockmanManhattan, KS

Earl Brookover*Garden City, KS

E.C. Brookover Jr.Garden City, KS

Marlin Brown*Sun City, AZ

Samuel BrownbackTopeka, KS

Edward Buchmann*Clay Center, KS

*Deceased

Bruce BuehlerGeorgetown, TX

Don Buster*Albuquerque, NM

Dean CampbellManhattan, KS

John CarlinOlney, MD

Frank Carlson*Concordia, KS

Charley CarterIndependence, KS

Jean CaseMarion, KS

C.Q. Chandler IIIWichita, KS

Georgia ChandlerWichita, KS

Bob Chapman*Medford, OR

Kenneth Chappell*Stillwater, OK

Jim Cheatham Jr.Edmond, OK

Donald Christy*Scott City, KS

Patty ClarkHavana, KS

Mike ClutterTopeka, KS

Joan CobbleRancho Palos Verdes, CA

Ron CochranManhattan, KS

Bob CoeMcPherson, KS

Edgar Coleman*Manhattan, KS

Leila Colwell*Manhattan, KS

Ron Coryell Jr.Junction City, KS

Arthur Cotts*Silver Spring, MD

Luann CramerManhattan, KS

John Crofoot*Marion, KS

Don CrumbakerColby, KS

Ralph Currie IIILexington, KY

Harry Darby*Kansas City, KS

Julie DavisBurr Ridge, IL

George DawsonRussell, KS

Jim DieterHouston, TX

Charles Dominy*Manhattan, KS

Tom Dunn Jr.Salina, KS

Martin EbyWichita, KS

Martin Eby Sr.*Wellington, KS

Bill EdisonWichita, KS

Milton Eisenhower*Baltimore, MD

Dorothy Ekdahl*Topeka, KS

Sandra EmleyManhattan, KS

Conrad Eriksen*Manhattan, KS

Jerry ExlineSalina, KS

Robert ExlineSalina, KS

Bill Farrell*Shawnee Mission, KS

Isaac Fehr Jr.Dallas, TX

W.A. ForakerCarpinteria, CA

Ron FrancisTopeka, KS

John Frazier*Topeka, KS

Ross FreemanTopeka, KS

Jody GalichiaWichita, KS

Wendell GardnerTucson, AZ

James GarrettTucson, AZ

L.E. Garrison*Abilene, KS

Arch Gothard IIIBreckenridge, CO

Karen GravesSt. Joseph, MO

Dick GreenManhattan, KS

Mont Green Jr.*Manhattan, KS

Garth GrissomDenver, CO

Tom HaasIndependence, MO

Bob HagansOverland Park, KS

Robert HainesManhattan, KS

John Haley*Topeka, KS

William Hall*Coffeyville, KS

James HammelGreen Valley, AZ

Rick HarmanShawnee Mission, KS

William Harsh*Overland Park, KS

Stuart HartmanPonca City, OK

George Hedrick*Lenexa, KS

George Henrichs Jr.Dodge City, KS

Albert Henry*Tijeras, NM

Ed HerresHoisington, KS

Dean HessWinfield, KS

Ken Heywood*Manhattan, KS

Alice HibbsCrystal Lake, IL

William HigdonHouston, TX

Donald Hill*Manhattan, KS

Doug HillSt. Louis, MO

Gerry HollingsworthHutchinson, KS

Dick Hoover*Wichita, KS

Darrell HoslerShawnee Mission, KS

Alvin Hostetler*Manhattan, KS

Charles HostetlerManhattan, KS

Connie HubbellTopeka, KS

Charles HughesManhattan, KS

Graham HuntShawnee Mission, KS

Donald JanesOverland Park, KS

Mary Jarvis*Omaha, NE

Cheryl JerniganOverland Park, KS

Elnita JezekHolyrood, KS

Chester Johnson*San Antonio, TX

Floyd Johnson*Sun City, AZ

Maurice Johnson*Shawnee Mission, KS

Vern Johnson Sr.*Spokane WA

John Johntz Sr.*Wichita, KS

Clyde JonesManhattan, KS

Taylor Jones*Holcomb, KS

Walter Jones*Oklahoma City, OK

Frank JordanAbilene, KS

Nanette KaupManhattan, KS

Charles KearnsSioux Falls, SD

Robert KelceKailua Kona, HI

Theodore Keller*Tucson, AZ

Ward Keller*Manhattan, KS

Dan KershawTucson, AZ

Willard Kershaw*Manhattan, KS

Howard KessingerMarysville, KS

Martin Kiger*Tucson, AZ

Ed King Jr.Eugene, OR

Joseph Knappenberger*South Hutchinson, KS

John Koger Sr.Topeka, KS

Mel KopfTopeka, KS

C.R. Krabbenhoft*Indianapolis, IN

Wayne KrehbielMount Vernon, IL

Paul Kuckelman*Columbia, MO

Bob LarsenManhattan, KS

Edward LarsonTopeka, KS

Richard LashbrookOverland Park, KS

Ron LeslieLeawood, KS

Bob LewisLarned, KS

Frances Lewis*State College, PA

Dave LocktonShawnee Mission, KS

Celeste Logan*Manhattan, KS

Joe LoriauxManhattan, KS

Herbert Low*Kansas City, MO

Frank LowmanTopeka, KS

Linton LullMesa, AZ

Virgil Lundberg*Salina, KS

Donald MacGregor*Sun City, AZ

Harold Mangelsdorf*New York, NY

Ralph Marshall*Lawrence, KS

Tom MartinLa Jolla, CA

LeRoy McAninchSalina, KS

Frank McBrideSalina, KS

James McCain*Topeka, KS

Nolan McKenzieTopeka, KS

Dean McNeal*Bloomington, MN

Don McNealCouncil Grove, KS

Pete McVayMinnetonka, MN

Fred MerrillMission, KS

Max Milbourn*Manhattan, KS

Harry Miller*Washington, DC

John Miller*Topeka, KS

years


Lloyd Miller*Topeka, KS

L.D. MorganGoodland, KS

Patricia MorrisGirard, KS

Steve MorrisHugoton, KS

Marjorie Morse*Manhattan, KS

Leon MuglerClay Center, KS

J. Thomas Muir*Manhattan, KS

Gary MundhenkeHutchinson, KS

Kenneth Murrow*Topeka, KS

Greg MusilOverland Park, KS

Jack NedwedManhattan, KS

Bud NewellLecompton, KS

Marti NewellKansas City, MO

Agnes NibargerWichita, KS

Bill NibargerWichita, KS

G.W. Nicholson*McPherson, KS

Codgie NicholsonMcPherson, KS

James North*Bella Vista AR

David OhseTopeka, KS

Ken Olson*Abilene, KS

Virginia OlsonWichita, KS

Vern OsborneSt. George, KS

Liz OswaldHutchinson, KS

Jim Otto*Salina, KS

Cruise PalmerShawnee Mission, KS

Dorothy Palmquist*Topeka, KS

LeRoy Paslay*Manalapan, FL

Jerry PatrickLeawood, KS

Deana Paulsen-BenderWestwood Hills, KS

V.E. Payer*Wichita, KS

Caroline Peine*Manhattan, KS

Walter Peirce*Hutchinson, KS

John PerrierDodge City, KS

Robert PetroTopeka, KS

Bruce PlankintonBreckenridge, CO

Sidney PlattWichita, KS

Mary Pollom*Manhattan, KS

Tom PotterWichita, KS

Richard PowellRoswell, NM

Marcelene ProffittHutchinson, KS

Hoyt Purcell Jr.*Shawnee Mission, KS

Leo Quinlan*Colorado Springs, CO

John RansomTopeka, KS

Terry RayJackson, WY

Bob Reed*Copeland, KS

Roger ReetzSpringfield, MO

Bob ReinkeWichita, KS

Ralph Reitz*Salina, KS

Cynthia RemboldtRoswell GA

Dick RenfroSalina, KS

Jay Reynolds*Council Grove, KS

James Richards Jr.*Newport Beach, CA

Bill RichardsLaguna Woods, CA

Bruce Roberts*Salina, KS

Keith RobertsBonner Springs, KS

Donald RoepkeGreen Valley, AZ

Richard RogersTopeka, KS

Harvey Rogler*Emporia, KS

Gary RumseyMesa, AZ

Lorraine RyanMcCracken, KS

Robert Sager*Manhattan, KS

Sam SalmonTucson, AZ

Sammy SamarraiManhattan, KS

Herbert Sandell*Manhattan, KS

Pat SaubleCedar Point, KS

David SchirmerHolton, KS

Bryon SchlosserTopeka, KS

Sharon SchmadererSolomon, KS

Mert Schwensen*Clay Center, KS

Gene Scott*Shawnee Mission, KS

A.J. ScribanteSanibel, FL

Richard Seaton*Coffeyville, KS

Ed SeatonManhattan, KS

Ervin Segebrecht*Leawood, KS

Margaret SegebrechtLeawood, KS

Ben Sellers*Salina, KS

Marjorie SetterWichita, KS

John ShaverSalina, KS

Jim SheikBern, KS

Ralph Sherman*Silver Spring, MD

Howard SherwoodWichita, KS

Phil ShrackIuka, KS

Dennis ShurtzArkansas City, KS

Robert SiefkinTucson, AZ

Hal SiegeleHouston, TX

Garold Sigars*St. Joseph, MO

Sam Sinderson Sr.*Kansas City, KS

Bill SindersonShawnee, KS

Clarence SkaggsColorado Springs, CO

Tom SkinnerClay Center, KS

Anna Smith*Prague, OK

Lloyd SmithNewton, KS

Roger SmithPalm Desert, CA

Steven SmithSanibel, FL

Bob SoelterAbilene, KS

Morton SoslandKansas City, MO

Laverne Spears*Topeka, KS

R.H. Spencer*Manhattan, KS

Gerald SprongSt. Joseph, MO

Jo Staffelbach HeinzDallas, TX

Thomas Staley*Kansas City, MO

William StameyManhattan, KS

Charles Steincamp*Great Bend, KS

Randy StoeckerAmes, IA

David StoferLeawood, KS

Clifford StoneEl Dorado, KS

Duane StoskopfScottsdale, AZ

Martha Streeter*Manhattan, KS

Karl StutterheimSalina, KS

Sirjang TandonSimi Valley, CA

J.M. ThiesTopeka, KS

Ansel Tobias*Lyons, KS

Bob TointonGreeley, CO

Colleen Van NostranManhattan, KS

Jerry VanierParadise Valley, AZ

Dave WagnerScottsdale, AZ

Ray WalkerArlington Heights, IL

Gary WalterManhattan, KS

John WaltersManhattan, KS

Inez Warnken*Hutchinson, KS

Robert Weary*Junction City, KS

Marlene WeaverIowa City, IA

Larry WeigelManhattan, KS

Jo Ann Wellman*Manhattan, KS

Jack WeltschLeawood, KS

Merrill WertsJunction City, KS

Kip WilliamsManhattan, KS

Marc WilliamsBranson, MO

Barbara WilsonManhattan, KS

Jan WilsonSalina, KS

Byron WinansDodge City, KS

Robert WingertLenexa, KS

Bill Woellhof*Topeka, KS

Laura WolfNew York, NY

Lucile Wolf*Casper, WY

Philip Woodward*Manhattan, KS

Irl Yeo*Meriden, KS

years


*Deceased

The following corporate andfoundation partners have supportedKansas State University with cash orin-kind gifts of $20,000 or moreduring the 2004 fiscal year.

Amada America Incorporated

American Implement Inc.

Archer Daniels Midland Foundation

Bayer Corporation

Bayer Stone Inc.

Bergens Sculpture Studio

Blicks Inc.

Burlington Northern Santa FeFoundation

Cadence Design Systems Inc.

Cargill Inc.

Carl M. and Ruth L. Coonrod FamilyFoundation

CAS Construction Inc.

Cereal Food Processors Inc.

Cessna Foundation Inc.

Chevron Phillips Chemical Company

ConocoPhillips

Coonrod and Associates ConstructionCo. Inc.

D.L. Smith Electrical Construction Inc.

Dane G. Hansen Foundation

Decatur County Feed Yard LLC

Eula C. Voirol Trust

ExxonMobil Foundation

Farrar Corporation

FBL Financial Group Inc.

FCI Constructors Inc.

Federal Express

Fidelity Investments Charitable GiftFoundation

First Centralia Bancshares Inc.

Flint Hills Foods

Ford Motor Company Fund

Fred C. and Mary R. Koch Foundation

G and B Tractor Boyz

General Electric Company/GE Fund

George K. Baum Foundation

Hill’s Pet Nutrition Inc.

Hi-Tech Interiors Inc.

HOK Inc.

IBM Inc.

Intrust Bank

JCK Family Foundation

Jellison Benevolent Society Inc.

John Deere Foundation

Kansas State Bank

Key Construction Inc.

Koch Industries Inc.

Kyodo Shiryo Co. LTD

L.W. Baehr and Dolpha BaehrFoundation Charitable Trust

Lonza Inc.

Luxfer Inc.

Lyons Veterinary Clinic PA

Mark A. Chapman Foundation

McCormick Tribune Foundation

McElroy’s Inc.

McVay Foundation

Media Response Technology Inc.

Merial Limited

Midwest Veterinary Services Inc.

Mistler Family Foundation

Morning Star Inc.

Mull Farm and Feeding Inc.

ONEOK Foundation

Orthopaedic and Sports MedicineCenter

Paramount Pump and Supplies Inc.

Payless ShoeSource Inc.

Pfizer Foundation

Pfizer Inc.

Pikes Peak Community Foundation

Price Young Odle Horsch PA

PWMCO LLC

Ross Foundation

Rottinghaus Co. Inc.

SBC Communications Inc.

Schering-Plough Foundation

Seismic Micro-Technology Inc.

Sherwood Construction Co Inc.

Shrack Farms

Sosland Foundation

Spatial Corp.

Sprint United Mgt. Company

Stanion Wholesale Electric Co.

Steel and Pipe Supply Company Inc.

The Ayco Charitable Foundation

The Boeing Company

The Dow Chemical Foundation

The Procter and Gamble Mfg.Company

The Ross and Marianna BeachFoundation

The Schwab Fund for Charitable Giving

The Schwan Food Company

The Stolzer Family Foundation

The Sunderland Foundation

The Tointon Family Foundation

The Toro Foundation

Vanier Family Foundation

Wildcat Construction Co. Inc.

Winter Feed Yard Inc.

World Golf Foundation Inc.

years


Corporate and Foundation Partners

years


It’s often said, “You’re known by thecompany you keep.” The companieswith which K-State is associated arethose that make the university well-known and well-respected. Conoco-Phillips is a company K-State considersto be a superior partner.

With its emphasis on high-techprocesses, it’s easy to understand whyConocoPhillips takes a leading role insupporting academics. The industrygiant provides an annual quarter-milliondollar gift to K-State partially targetedfor traditional engineering and businessscholarship programs. Additional sup-port is now available for diversity andgender-equity programs, and new aca-demic areas such as accounting, market-ing and finance. “ConocoPhillips appre-ciates the K-State partnership,” saidRand Berney, vice president and con-troller who serves alongside John Carrig,executive vice president and chief finan-cial officer, as ConocoPhillips’ executivecontacts for K-State. “As a growing,innovative company, we are always look-ing for bright, young minds to help usmove forward and raise the bar on our

performance. We see our donations toK-State and the scholarships we supportas investments in the future ofConocoPhillips.”

Volunteer leadership has been anadditional critical resource for the col-leges of Engineering and BusinessAdvisory Councils at K-State. NumerousConocoPhillips employees commit timeand expertise to guide the strategic direc-tions for long-range planning and cur-riculum advancement. K-State adminis-trators, faculty and students directlybenefit from this partnership, as it is anessential ingredient for preparing ourgraduates for oil and gas industry leader-ship. “We are pleased to be able to con-tribute financially to support K-Statebut we also want to have an ongoingexchange of ideas and knowledge,”Berney said. “ConocoPhillips is proud topartner with K-State on all fronts.”

Headquartered in Houston, Texas,ConocoPhillips is the third largest inte-grated energy company in the UnitedStates and the country’s largest refiner.ConocoPhillips operates in more than40 countries with approximately 35,800

employees worldwide and assets of$93 billion. ConocoPhillips is knownfor its expertise in deepwater explorationand production, reservoir managementand exploitation, 3-D seismic technol-ogy, high-grade petroleum coke upgrad-ing and sulfur removal.

ConocoPhillips: Prominent partner and patron

Rand Berney (third from left), vice president and controller for ConocoPhillips, presentsa contribution to K-State’s (from left) Terry King, dean of the College of Engineering;Bob Krause, vice president for institutional advancement; and Yar Ebadi, dean of theCollege of Business Administration.

A 2001 K-State graduate, JamieKasparek was sent to Thailand tocomplete an internal audit there.Jamie works in the ConocoPhillipsHouston office.

John O’Hara, a 2004 K-State financegraduate and former student bodypresident, works for ConocoPhillipswhile earning his MBA from Universityof Warwick at Coventry, UnitedKingdom. Once he graduates, he willjoin ConocoPhillips’ internal audit groupbased in Houston, Texas.

Donors made commitments totaling $70.9 million to the KSUFoundation in fiscal year 2004. Of that total, $16.7 millionwas committed by a pledge or documented by a future bequestand has not yet been received by the foundation. $54.2 millionwas received in cash contributions, designated in this way:

$17.8 million in endowments$ 3.7 million in trusts$32.7 million in expendable contributions$54.2

Endowment additions were made to both permanentlyendowed and quasi-endowed funds. Gifts that are designatedas permanent endowments are held in perpetuity. The gift isinvested and a portion of the annual investment return is usedto support the purpose specified by the donor. The portion ofthe investment return that is available to support the fund’spurpose is based on the foundation’s distribution policy, whichis set and reviewed annually by the Executive Committee.Quasi-endowed funds are managed like a permanent endow-ment but allow the university to utilize principal when needed.

In the case of trusts, donors make a contribution that thefoundation uses to establish a trust fund benefiting the donor.The donor receives income from the trust for a set period ofyears or for life. No money from the trust goes to the desig-nated university purpose until the trust is terminated.

The KSU Foundation transferred more than $38 million toK-State in fiscal year 2004. Most of this was provided by cur-rent year expendable contributions. The remainder came fromthe annual investment return on endowed funds established inprior years. These private dollars are crucial to sustaining amargin of excellence at K-State, during a time when less thanone-third of the university’s operating budget comes from stateappropriations.

Private funds contributed through the KSU Foundationprovide program support, money for building projects, andstudent and faculty support through scholarships, loans andstipends. During fiscal year 2004, gifts to the foundation estab-lished 94 new scholarships and four new faculty chairs andprofessorships.

years


KSU Foundation Assets and EndowmentsThis chart shows the foundation’s totalassets, which topped $319 million in fiscalyear 2004. The bars in green indicate theportion of total assets that are permanentendowments, which are held in the PooledEndowment Fund. The purple portionrepresents temporarily restricted assetswhich encompass donor-restrictedexpendable funds, quasi-endowed fundsand unrestricted net assets (includingthe foundation building, university realestate fund and underwriting funds for thefoundation and the university).

The most significant policy change thisfiscal year had little to do with actualinvestment policy and everything to dowith distribution policy. After years ofsupporting university programs by mak-ing distributions from the endowmentwell in excess of peer institutions, theExecutive Committee concluded, givenrecent market conditions, that such anaggressive distribution policy could nolonger be sustained. A DistributionsTask Force was appointed, which metseveral times and deliberated policymodifications that might help accom-plish the multiple endowment poolobjectives of:

• earning sufficient returns over thelong term to maintain the purchasingpower of the endowed accounts infuture years, which requires returningmore than investment expenses plus dis-tributions plus inflation, and which isreferred to as attaining intergenerationalequity, and

• providing stable, slightly increasingdistributions to university budgets, insu-lating university programs from varia-tions in endowment market values andmaintaining their purchasing power.

The Distributions Task Force recom-mended, and the Executive Committeeimplemented for fiscal year 2005, arevised distribution policy incorporatingan inflation-adjusting formula toincrease annual distributions to compen-sate for the prior year’s inflation. Thenew distribution policy, when combinedwith the aggressively invested, volatilitydampening structure of the endowmentpool investments, should allow theendowment pool to attain intergenera-tional equity, given the economic andinflation expectations for the comingdecade.

Endowment returns at fiscal year-endwere: 18.51 percent, 4.13 percent,5.34 percent and 9.79 percent for one-,

three-, five- and 10-year periods respec-tively. This compares very positively withrelative benchmark returns as theendowment exceeded the benchmark inall but the one-year period, where itslightly underperformed by 0.43 per-cent. Compared to the NACUBO* uni-verse of universities, the endowmentplaced in the 17th percentile for one-year returns, 33rd for three-year returns,25th for five-year returns and the 62ndpercentile for the 10-year returns. Thiscontinues the trend of improving per-formance relative to all other reportingpublic and private universities.*National Association of College and UniversityBusiness Officers

years


Investments

Annual Five-year Distributionreturn average rate + CPI*

1995 13.17% 9.98% 10.54%1996 14.75% 11.44% 10.25%1997 20.89% 13.33% 9.80%1998 12.90% 12.92% 8.93%1999 7.88% 13.92% 8.96%2000 16.27% 14.54% 10.73%2001 -3.34% 10.92% 10.25%2002 -4.27% 5.86% 8.07%2003 .63% 3.28% 8.86%2004 18.51% 5.20% 7.83%*To avoid diminishing the purchasing power ofendowments for future generations, returns overtime need to exceed the amount distributed plus thereductions in purchasing power caused by inflation,as measured by the Consumer Price Index.

Domestic equities 35.5% ...................................................

Alternative strategies 23.0% .....................................................................

Deflation hedge 15.9% .....................................................................................

International equities 15.8% ..............................................................

Inflation hedge 9.8% ..........................................................

Pooled Endowment Fund Investment Results (as of June 30, 2004)

KANSAS STATE UNIVERSITY FOUNDATIONManhattan, Kansas

Consolidated Statements of Financial PositionFor the year ended June 30

ASSETS 2004 2003Cash and cash equivalents $40,005,259 $30,783,761Short-term investments and certificates of deposit 3,437,449 2,822,002Equity investments 115,552,052 95,662,219

Book value — $99,110,169 at June 30, 2004Book value — $92,300,054 at June 30, 2003

Corporate and other fixed income 53,204,801 51,408,685Book value — $52,839,862 at June 30, 2004Book value — $49,241,751 at June 30, 2003

U.S. Government and government agency obligations 1,919,510 2,989,686Book value — $1,798,064 at June 30, 2004Book value — $2,635,128 at June 30, 2003

Real estate investments 11,237,931 10,790,123Book value — $11,052,324 at June 30, 2004Book value — $10,330,926 at June 30, 2003

Alternative strategies 43,017,957 32,937,141Book value — $42,625,873 at June 30, 2004Book value — $34,227,456 at June 30, 2003

Other securities and investments 4,725,619 49,079Book value — $4,552,383 at June 30, 2004Book value — $70,199 at June 30, 2003

Pledges receivable, net 6,699,569 10,445,516Receivables from estates 1,339,850 2,908,650Loans receivable 1,689,596 2,037,709Real estate and other depreciable property 19,396,564 19,344,005

Accumulated depreciation (3,318,283) (3,222,402)Net real estate and other depreciable property — Golf Course 17,049,835 17,455,217Cash surrender value of life insurance policies 2,126,013 1,769,399Other assets and accrued income 1,125,831 1,094,597TOTAL ASSETS $319,209,553 $279,275,387

LIABILITIES AND NET ASSETSCurrent Liabilities

Accounts payable, deposits and other liabilities $897,601 $936,211Accrued liabilities and line of credit 3,090,261 3,521,984Assets held for others 2,688,967 2,626,605Current obligations, unitrust and annuity liabilities 2,457,978 1,800,233

Total Current Liabilities $9,134,807 $8,885,033

Other LiabilitiesUnitrust and annuity liabilities, less current obligations $16,909,816 $13,912,754Note payable — Nanoscale 1,972,277 2,045,747Note payable — Printing Services 769,257 808,807Bonds payable — Golf Course 7,725,000 7,925,000Bonds payable — Educational and Agricultural Research Facility Rev Bonds 675,000 715,000

Total Other Liabilities $28,051,350 $25,407,308TOTAL LIABILITIES $37,186,157 $34,292,341

Net AssetsUnrestricted net assets (designated) $22,967,594 $18,656,507Temporarily restricted net assets 77,034,223 71,142,899Permanently restricted net assets 182,021,579 155,183,640

Total Net Assets $282,023,396 $244,983,046TOTAL LIABILITIES AND NET ASSETS $319,209,553 $279,275,387

years


KANSAS STATE UNIVERSITY FOUNDATIONManhattan, Kansas

Consolidated Statement of ActivitiesFor the year ended June 30

REVENUES, GAINS Temporarily PermanentlyAND OTHER SUPPORT Unrestricted Restricted Restricted 2004 Total 2003 Total

Contributions $453,508 $33,618,895 $8,758,641 $42,831,044 $38,079,023

Investment income (397,315) 4,740,818 1,276,546 5,620,049 5,335,174

Net realized and unrealized gains on asset transactions 9,666,331 2,581,544 17,138,333 29,386,208 948,465

Other support

Operational service charges, management fees and other 2,688,590 2,688,590 2,182,830

Receipts for grants, research, supplies, travel and other university departmental activities and funding allotments, etc. 101,238 2,404,430 450 2,506,118 2,406,367

Actuarial gain/(loss) on unitrustsand annuities obligations 543,567 (460,665) 1,338,666 1,421,568 4,871,526

Net assets released from restrictions (304,638) 1,979,335 (1,674,697)

Satisfaction of program restrictions 38,973,033 (38,973,033)

Total Revenues, Gains and Other Support $51,724,314 $5,891,324 $26,837,939 $84,453,577 $53,823,385

EXPENSES AND SUPPORT

Direct university support

Scholarships and other student awards $6,928,496 $6,928,496 $7,735,102

Academic 6,049,465 6,049,465 4,596,259

Administrative — faculty and student support 18,133,312 18,133,312 17,838,362

Capital improvements 7,210,108 7,210,108 4,468,330

Investment — portfolio management 1,798,961 1,798,961 2,015,937

Investment — loan interest expense and write-off 899,277 899,277 589,784

KSUF administration 2,573,686 2,573,686 2,710,351

KSUF fundraising 3,819,922 3,819,922 4,088,042

Total Expenses and Support $47,413,227 $47,413,227 $44,042,167

CHANGE IN NET ASSETS $4,311,087 $5,891,324 $26,837,939 $37,040,350 $9,781,218

NET ASSETS AT BEGINNING OF YEAR 18,656,507 71,142,899 155,183,640 244,983,046 235,201,828

NET ASSETS AT END OF YEAR $22,967,594 $77,034,223 $182,021,579 $282,023,396 $244,983,046

The Consolidated Statements of Financial Position and the Consolidated Statements of Activities are excerpted from the Kansas State University Foundation’s2004 financial statements, which were audited by Varney and Associates, CPAs, LLC. For a complete copy, please send a request to Controller, KSU Foundation,2323 Anderson Ave., Ste. 500, Manhattan, KS 66502-2911.

years


From the June 1954 K-Stater

He has just made a giftto the K-State Development Fund

“Perfectly normal!”It’s perfectly normal to help one’s Alma Mater with an annual gift.

No strain at all on the system!

years


PRODUCED BY THE COMMUNICATIONS DEPARTMENT OF THE KSU FOUNDATIONJulie Lea, Vice President of Communications and Development ServicesKim Zerfas, Communications CoordinatorJoe Montgomery, Communications Writer/Webmaster

PHOTOGRAPHSJ&C Imaging/John LaBarge, KSU Photographic Services/Dan Donnert, K-State Alumni Association, University Archives, Royal Purple,Konza Prairie Biological Station/V. Wright

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KSU Foundation annual report 2004

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