Dear Jose, Looking forward to hearing back early in the new year. Paul. Cherysa P Cortez. Paul D Anieri. Provost and Executive Vice Chancellor
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1 Cherysa P Cortez From: Sent: To: Cc: Subject: Attachments: Provost Friday, December 11, :18 PM Jose Wudka Cherysa P Cortez; Jo Ann Anderson; Peter A Hayashida; Cindy Larive; Hieu T Nguyen; Jan L Wildman; Marie Schultz Founder's Endowed Chairs in Chemistry Chemistry Founders Chair Request.pdf; Chemistry Founder's Chairs Memo from Interim Dean Larive Allocation of Pledge Payments.pdf; UCR Founders Chairs in Chemistry - Anonymous Donors - Request to Accept $6M Gift from Chancellor Wilcox.pdf; Founders Chairs in Chemistry Gift Agreement - Anonymous Donor - Redacted.pdf; Request to Establish a Named Endowed Chair - Hartland Scmidt Founder's Chair in Chemistry pdf; Request to Establish a Named Endowed Chair - Donald T Sawyer Founder's Chair in Chemistry pdf; Request to Establish a Named Endowed Chair - Harry W Johnson Jr Founder's Chair in Chemistry pdf; Request to Establish a Named Endowed Chair - George K Helmkamp Founder's Chair in Chemistry pdf; President Napolitano Letter to Chancellor Wilcox Approval to Accept $6M Anonymou Donor Pledge.pdf Dear Jose, Attached are the relevant documents for the Academic Senate committees review and consideration for the establishment of four endowed founders chairs in Chemistry. This gift has been recommended by Interim Dean Larive and comes from an anonymous donor. This is a generous and meaningful gesture, so we are hoping the committees will handle the process quickly. Looking forward to hearing back early in the new year. Paul Paul D Anieri Provost and Executive Vice Chancellor University of California Riverside 900 University Ave. 1
2 3108 Hinderaker Hall Riverside, CA cc: Jo Ann Anderson, Sr. Director of Development, CNAS Cherysa Cortez, Executive Director, Academic Senate Peter Hayashida, Vice Chancellor University Advancement Cindy Larive, CNAS Interim Dean Hieu Nguyen, Associate Vice Chancellor, Development Marie Schultz, Assistant Vice Chancellor Development Jan Wildman, Associate Vice Chancellor, UA Administration 2
3 December 9, 2015 College of Natural and Agricultural Sciences UC Division of Agriculture and Natural Resources Agricultural Experiment Station and Cooperative Extension Office of the Dean College Building North Riverside, CA Elizabeth Wottring-Gonzales Executive Director, UA Finance and Administration Associate Treasurer, UC Riverside Foundation Dear Elizabeth, I am writing about the establishment of the Endowed Chemistry Founder s chairs in the Department of Chemistry. Following consultation with both the donor and the chair of the Chemistry Department, the College of Natural and Agricultural Sciences requests that the $3 M pledge payment received in December 2015 be used to fully fund the Donald T. Sawyer Endowed Founder s Chair in Chemistry and the Hartland H. Schmidt Endowed Founder s Chair in Chemistry at $1.5 M each. We expect the remaining two Founder s chairs named for Harry W. Johnson Jr. and George K. Helmkamp will be fully funded by the $3 M pledge gift anticipated for Sincerely, Cynthia K. Larive Interim Dean College of Natural and Agricultural Sciences Cc: Jo Ann Anderson Rachel Alvarez Phone ۰ Fax ۰
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5 UNIVERSITY OF CALIFORNIA 4. BERKELEY DAVIS IRVINE LOS ANGELES MERCED RIVERSIDE SAN DIEGO SAN FRANCISCO SANTA BARBARA SANTA CRUZ 1111 Franklin Street Oakland, California Phone: (510) Fax: (510) http: / / December 3, 2015 CHANCELLOR WILCOX Dear Kim: I am delighted to approve the acceptance of a pledge to the UC Riverside Foundation of $6,000,000 from an anonymous donor to establish four endowed chairs in the College of Natural and Agricultural Sciences. This is a wonderful gift and I look forward to formally establishing the four chairs honoring a number of the founding faculty members of the Chemistry Department in the near future. Yours very truly, (4net Napolitano President cc: Provost Dorr Executive Vice President Brostrom Senior Vice President Henderson Assistant Vice President O Neill Vice Chancellor Hayashida Director Wottring-Gonzales
6 ucriverside College of Natural & Agricultural Sciences GIFT AGREEMENT BETWEEN, The UC Riverside Foundation And the University of California, Riverside To Establish Endowed Founder's Chairs in Chemistry To Honor George/(. Helmkamp, Harry W. Johnson, Jr., Donald T. Sawyer, and Hartland H. Schmidt In the College of Natural and Agricultural Sciences I. INTRODUCTION pledge irrevocably to give the UC Riverside Foundation a California non-profit corporation, with the conditions and purposes contained in this document, cash or marketable securities having a fair market value on the dates of the gifts in the aggregate amount of $6,000,000 to establish four true endowments each in the amount of $1,500,000 in suppo1t of four Endowed Founder's Chairs in Chemistry to honor the above named founding faculty member~ ("Chair Funds"). II. BACKGROUND, wish to recognize individual faculty members who were among the founders of the Chemistry Depaitment at UCR by creating endowed chairs named in their honor. The Chemistry Founder's Endowed Chairs will recognize four of the founding faculty of the UCR Chemistry Depaitment. These faculty members helped to establish UCR's Chemistry Department, instructed UCR's entering class, and laid the foundation for UCR's first Ph.D. program and the department's cunent success. Their commitment to science and to undergraduate research and education continues to serve as an inspiration to the UCR Chemistry Depaitment today. The endowed chairs named in their honor will be used to recruit or recognize outstanding faculty at the forefront of research in the chemical sciences. III. ESTABLISHMENT OF FUNDS These funds shall be established when: A. Subject to approval through the appropriate policies and procedures of the University of California, Riverside, and the Regents of the University of California, and pending receipt of funds as described below, Chair Funds shall establish four endowed chairs 1
7 Gift Agreement Between, the UC Riverside Foundation and the University of California, Riverside to establish Endowed Founder's Chairs in Chemistry in the College of Natural and Agricultural Sciences named the George K. Helmkamp Founder's Chair in Chemistry, the Hany W. Johnson, Jr. Founder's Chair in Chemistry, the Donald T. Sawyer Founder's Chair in Chemistry, and the Hartland H. Schmidt Founder's Chair in Chemistry. ("Chairs"). B. The Chairs, four true endowments to be held by the UC Riverside Foundation, shall be established when this memo has been reviewed, signed and dated by the Donors and an appropriate university official and the 2015 pledge payment has been received. The Donors agree to make payments of $3,000,000 annually for two years beginning on or before December 31, 2015, with the final payment on or before December 31, Donors understand that the University will send reminder notices in accordance with this schedule. C. Additions to the Funds can be made at any time. IV. PURPOSE AND USE OF ENDOWMENTS A. General Purpose The expendable distributions from the Chair Funds will provide support funds for four endowed chairs in Chemistry under the direction of the Dean of the College of Natural and Agricultural Sciences in accordance with established University policies and procedures. The establishment of the Chair Funds will comply with cunent policies of the UC Regents and the UC Riverside Foundation. If, in the judgment of the Chancellor of UC Riverside, the designated use of endowment payout is impractical or impossible, then the Chancellor may, in consultation with the Donors when possible, use endowment payout for such other purposes at the University of California, Riverside as s/he dete1mines to be consistent with the Donors' interests and intentions. V. ADMINISTRATION OF FUNDS A. The Chair Funds will be administered in accordance with the UCR Policies and Procedures on Endowed Chairs: Establishment, Administration and Appointment of Faculty. B. The Chair Funds' expendable distributions will be determined periodically under the terms of the Endowment Expenditure Policy as established by the UC Riverside Foundation C. Payout from the Chair Funds will be transferred to The Regents, to be made available to the chair holders, in suppmi of teaching, research, and service activities under the direction of the Dean of the College of Natural and Agricultural Sciences in accordance with University policy. 2
8 Gift Agreement Between, the UC Riverside Fow1dation and the University of California, Riverside to establish Endowed Founder' s Chairs in Chemistry in the College of Natural and Agricultural Sciences D. Total return earned by the Chair Funds in excess of the amount approved for distribution will be retained in the Chair Funds' principal to protect the Chair Funds from the effects of inflation and to allow for growth. Any unexpended distribution from the previous year may be combined with that of the cmtent year for spending purposes or added to the Chair Funds' principal. E. The principal of the Chair Funds may be combined with other Funds for investment purposes. Fiduciary responsibility for governance and investment of this endowment is vested in the UC Riverside Foundation Board of Trustees. F. As is customary with universities and other non-profit organizations across the country, a one-time gift fee is applied to each gift in order to provide essential suppmi to UCR' s advancement program. We understand that the fee is cunently 5%. In addition, administrative fees will be chafiged in accordance with UCR policy. VI. STEWARDSHIP c Endowed funds are a testament to the value the Donors place on intellectual and scientific achievement. During their lifetime, Donors will receive periodic stewardship rep01is from the University on the Funds. The Donors agree that these funds may be used in University communications. No public identification or acknowledgment shall be made of the Donors' gift, which uses Donors' actual names, whether identification is in print or electronically. Donors' actual names shall be confidential and disclosed only to: the UCR Chancellor; the Vice Chancellor, University Advancement, the Associate Vice Chancellor of Development, and their successors, upon their assumption of office. Disclosure may be made to other UCR employees only to the extent needed for the proper administration of the Fund and then only under advice of the confidentiality of the Donors' actual names.,-- / (} 3/ /5 Date /0-3/-/.5 Date 3
9 Gift Agreement Between, the UC Riverside Foundation and the University of California, Riverside to establish Endowed Founder's Chairs in Chemistry in the College of Natural and Agricultural Sciences Cynt / a K. Larive, Interim Dean of the College of N al and Agricultural Sciences 1//3/,Jo 16 Date / / Date ; p Kim A. Wilcox Chancellor 4
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30 Office of the Chair 254 Chemical Sciences Bldg. 501 Big Springs Road, Riverside, CA ; fax: November 19, 2015 The faculty of the Chemistry Department fully support the George K Helmkamp Founder's Chair in Chemistry. This endowed chair will have a significant impact on research capabilities, faculty recruiting, and the reputation and stature of the department. The endowed chair will be particularly important for efforts to recruit and retain the highest quality faculty that can add excellence to the teaching and research of the department. Sincerely yours, Eric L. Chronister Professor and Chair, Department of Chemistry ELC:bao Phone ۰ Fax ۰
31 Office of the Chair 254 Chemical Sciences Bldg. 501 Big Springs Road, Riverside, CA ; fax: November 19, 2015 The faculty of the Chemistry Department fully support the Harry W Johnson Jr. Founder's Chair in Chemistry. This endowed chair will have a significant impact on research capabilities, faculty recruiting, and the reputation and stature of the department. The endowed chair will be particularly important for efforts to recruit and retain the highest quality faculty that can add excellence to the teaching and research of the department. Sincerely yours, Eric L. Chronister Professor and Chair, Department of Chemistry ELC:bao Phone ۰ Fax ۰
32 Office of the Chair 254 Chemical Sciences Bldg. 501 Big Springs Road, Riverside, CA ; fax: November 19, 2015 The faculty of the Chemistry Department fully support the Donald T. Sawyer Founder's Chair in Chemistry. This endowed chair will have a significant impact on research capabilities, faculty recruiting, and the reputation and stature of the department. The endowed chair will be particularly important for efforts to recruit and retain the highest quality faculty that can add excellence to the teaching and research of the department. Sincerely yours, Eric L. Chronister Professor and Chair, Department of Chemistry ELC:bao Phone ۰ Fax ۰
33 Office of the Chair 254 Chemical Sciences Bldg. 501 Big Springs Road, Riverside, CA ; fax: November 19, 2015 The faculty of the Chemistry Department fully support the Hartland Schmidt Founder's Chair in Chemistry. This endowed chair will have a significant impact on research capabilities, faculty recruiting, and the reputation and stature of the department. The endowed chair will be particularly important for efforts to recruit and retain the highest quality faculty that can add excellence to the teaching and research of the department. Sincerely yours, Eric L. Chronister Professor and Chair, Department of Chemistry ELC:bao Phone ۰ Fax ۰
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