Impact Magazine - Spring 2008 - (Page 35)

ifasDevelopment “Private Gifts Providing the Margin of Excellence” what is ifas development? The IFAS Development program serves as the central fundraising effort to secure private support for the University of Florida’s Institute of Food and Agricultural Sciences in partnership with the SHARE Council direct support organization and the University of Florida Foundation Inc. Charitable gifts provide the “margin of excellence” for IFAS academic programs, research, extension and facilities. matching gift programs The state of Florida currently provides generous matching funds for endowed gifts of $100,000 or more through its Major Gifts Trust Fund, according to the following state matching gift levels: gift match $100,000 to $599,999 50% $600,000 to $1,000,000 70% $1,000,001 to $1,500,000 75% $1,500,001 to $2,000,000 80% $2,000,001 or more 100% The Alec P. Courtelis Facilities Enhancement Challenge Grant Program provides 100 percent matches for gifts to construct or renovate UF/IFAS academic buildings. ways to give There are several ways to support IFAS: • Cash • Charitable Bequests (wills and trusts) • Real Estate (residential or farmland) • Life Income Gifts (charitable remainder trusts, annuities, retained life estates and retirement planning) • Stocks (especially appreciated stocks) • Life Insurance (new or existing policy) florida tomorrow campaign In July 2005, the University of Florida initiated its third and largest ever comprehensive campaign with a goal to raise $1.5 billion in private gifts. To enhance support for its teaching, research and extension programs and facilities, IFAS has set its unit campaign goal at $100 million. uf/ifas endowments Endowments are named, permanent funds that provide annual renewable support for donor-designated IFAS programs. Endowments are managed and invested by the University of Florida Foundation. As of December 31, 2007, there are more than 250 UF/IFAS endowments valued at more than $93 million established by individual College of Agricultural and Life Sciences alumni, businesses, associations and friends of UF/IFAS. uf/ifas campaign goals Faculty Support $42,500,000 Graduate Support $9,000,000 Undergraduate Student Support $8,000,000 Program Support and Research $29,500,000 Campus Enhancement $11,000,000 Total $100,000,000 IFAS Florida Tomorrow Campaign Totals (as of 12/31/2007) IFAS Endowment Values $93,301,530 78,413,681 100,000,000 90,000,000 80,000,000 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0 2003 2004 2005 2006 49,226,101 58,014,236 63,430,102 (07/01/2005 - 12/31/2007) 100,000,000 90,000,000 80,000,000 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0 13,884,303 26,432,257 62,907,249 2007 2005 2006 2007 for more information, contact the ifas development office Ken DeVries, assistant vice president for IFAS Development (352) 392-5424 Josh McCoy, director of development (352) 392-5427 Joe Mandernach, director of development (352) 392-5457 office: (352) 392-1975 • fax: (352) 392-5115 web site: http://share.ifas.ufl.edu IMPACT | Spring 2008 35 http://share.ifas.ufl.edu http://share.ifas.ufl.edu

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Impact Magazine - Spring 2008 Contents A Big Boost for Biofuels Top Priority Partnerships for Sustainable Agriculture Eliminating the Evil Weevil Invasive Pest Defeating Resistant Roaches Biodiesel Boon User-Friendly Updates for FAWN Flat-Out Great for the Grill! Laser Labeling Cashing in on Caviar Saving Water with Soil-Moisture Sensors Spotlight IFAS Development News

Impact Magazine - Spring 2008

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