USMF

Richard E. Hug

croberts — Tue, 14 May 2013 12:50:32 +0000

We are sad to share that long-time director of our board and former Regent, Richard E. Hug, has passed away. Dick joined the Foundation in 2002 and was an active and thoughtful director who served on the Executive Committee. As a Regent, his help in securing support for the University System of Maryland was immeasurable, and his passion for advancing the quality of higher education in this state was profound. Dick was an active alumnus of Duke University who demonstrated a commitment to Maryland’s higher education institutions repeatedly over the last decade.

Dick also played a role at many Maryland-based organizations, such as the National Aquarium, the Kennedy Krieger Institute, the University of Maryland Medical System, the United Way of Central Maryland, Loyola University in Maryland, and the Baltimore Symphony Orchestra. Additionally, Dick was active politically, serving as a key advisor to Governor Erhlich, as Maryland’s campaign chair for George W. Bush’s presidential campaigns, and as a senior advisor in Governor Romney’s presidential campaign.

We are grateful to all the wonderful work Dick led here at the USM Foundation and will miss him terribly. Please contact us for address information if you wish to send Dick’s family a consolation note.

USMF President and CEO Receives Distinguished Alumni Award from Towson University

croberts — Fri, 10 May 2013 13:55:19 +0000

We are thrilled to announce that our President and CEO, Leonard Raley, has been named the recipient of Towson University’s 2013 Distinguished Alumni Award. Several staff members went to support and congratulate President Raley at the award ceremony. Congratulations, President Raley!

To read more about President Raley’s award and the other winners, please click here.

Guerrieri Family Foundation Announces $8 Million Gift for Salisbury University Academic Commons

croberts — Thu, 02 May 2013 12:55:59 +0000

One of the Eastern Shore’s leading philanthropies, the Guerrieri Family Foundation, has announced an $8 million gift for the construction of a new Academic Commons, including a state-of-the-art library, at Salisbury University. This is one of the largest private donations for a capital project in the campus’ history.

Click here to read more.

USMF Announces Two New Investment Positions

croberts — Thu, 11 Apr 2013 12:01:41 +0000

Chief Investment Officer Sam Gallo has been working with Charles Skorina & Company to fill two new positions in our office. Please click on the links below to read the job description. To apply, please follow the directions on the job description.

Director of Asset Allocation and Risk Management

Director of Public Market Investments

SECU-USM Scholarship

croberts — Fri, 01 Mar 2013 13:18:49 +0000

SECU, Maryland’s largest state-chartered financial cooperative, has presented a $50,000 gift to the University System of Maryland (USM) Foundation, to be awarded to students transferring from one of the state’s two-year community colleges to any of USM’s 11 undergraduate institutions and two regional higher education centers, in the form of ten, $5,000 individual scholarships.

Applicants must be a community college student who is applying for admission to one of the University System of Maryland’s undergraduate-degree granting institutions, and who have earned, or anticipate earning, an associate’s degree prior to transferring to the USM institution.

Scholarship awards will be based on academic merit (at least a B average) and demonstrated financial need. Applicants must also be a SECU member. Membership in SECU is open to all students attending a Maryland community college.

For more information on the scholarship, or to submit an application, please visit your community college’s Financial Aid and/or Transfer Coordinator’s office or visit the USM’s Financial Aid page. For more information on SECU, please visit secumd.org

Applications are due by May 1st.

2012 Art Contest Winners

croberts — Tue, 27 Nov 2012 20:13:55 +0000

This year, the University System of Maryland Foundation decided to highlight the partnership between the institutions within the University System of Maryland (USM) and the Foundation by way of an art contest that we hope will become an annual tradition. We felt an art contest would be a great way to strengthen the connection between the Foundation and the students, faculty, and staff we ultimately serve.

There was an incredible response, with faculty, staff, and students submitting different types of artwork to reflect upon our theme. Contestants were encouraged to consider the following quote: “Do not fear the winds of adversity. Remember: a kite rises against the wind rather than with it” – unknown. In addition to the grand prizewinner, there were several runners up who are featured throughout the 2012 Annual Report. Click on the names or artwork below to read more about our winning pieces and their creators.

Grand Prize Winner: S. Colby Peters

Runner Up: Susan Dodge’s Two Dimensional Design Class at Frostburg State University

Runner Up: Dr. Scott Roberts

Runner Up: Nancy Frost

Runner Up: Andrew Phan

LeaderNotes Editions

croberts — Tue, 28 Aug 2012 20:24:39 +0000

A newsletter for Foundation directors and friends of higher education in Maryland. We have posted the latest LeaderNotes editions in order of most recent to least and will continue to update this page as we publish new editions.

April 2013

February 2013

December 2012

November 2012

September 2012

Summer 2012

Spring 2012

Winter 2012

Holiday Edition 2011

Fall 2011

Summer 2011

Spring 2011

Winter 2011

Holiday Edition 2010

Fall 2010

June 2010

April 2010

March 2010

February 2010

Winter 2010

October 2009

USMF’s First Ever Art Contest!

croberts — Wed, 08 Aug 2012 13:46:07 +0000

Eligibility

The design contest is open to students, faculty, and staff within the University System of Maryland, ages 18 and over. Submissions must be received by 11:59pm, September 21, 2012.

Submission Criteria

Digital submissions only. Cover will be 8.5×11” and winning artwork will be featured on the cover. All entries should be submitted in the largest, highest quality version possible (300 dpi or higher) in jpeg format only to usmf-art@usmd.edu. Winner’s work may be professionally photographed by USMF for final production.

All work must be original. Each entry must be original in concept, design and execution and not violate any U.S. copyright laws.

Competition and Notification

Winner(s) will be selected by Friday, September 28th, 2012.

Prizes:

$600, $350 and $250 prizes will be awarded to the top competition winners. Winners will be featured in the University System of Maryland Foundation’s 2012 Annual Report. The University System of Maryland Foundation will own all rights to the artwork for future use. Should no appropriate designs be submitted, we reserve the right to not choose a winner.

University System of Maryland Foundation Names Samuel N. Gallo New Chief Investment Officer

croberts — Tue, 15 May 2012 17:56:34 +0000

We are delighted to inform you that we have named Samuel N. Gallo as the new Chief Investment Officer at the University System of Maryland Foundation, Inc. The press release below from Leonard Raley, President and CEO of the USM Foundation outlines this appointment.

USMF CIO Press Release

National recognition for USM Foundation’s Kevin Dalmut

croberts — Wed, 25 Apr 2012 19:17:23 +0000

Dear Board members and colleagues,

I am thrilled to share great news about Kevin Dalmut, our senior investment analyst at the Foundation. Kevin was recently named on the CIO “Forty Under (Mostly) Forty” list in Asset International CIO Magazine, a widely read and respected publication for institutional investors. This list spotlights the brightest stars in the pension and nonprofit investment management world. The link to the article can be found here: http://www.ai-cio.com/datasurvey.aspx?id=4438; Kevin’s profile can be found here: http://www.ai-cio.com/datasurvey.aspx?id=4438&page=7.

Kevin’s group, dubbed the Generation Y group, is described as the “prodigies of the asset owner universe,” and the authors of this report predict that one member of the group will manage one of the top 10 funds in the world in under 15 years. Those of us who know Kevin can easily imagine him in this role—but we’d rather imagine him growing our endowment for many years to come.

Over the past year, I have come to know Kevin as one of the hardest-working, diligent, and intelligent young professionals I’ve ever met. To say he has done some heavy lifting in the last year is a vast understatement. I hope you will join me in congratulating Kevin for his well-deserved honor.

Sincerely yours,

Leonard R. Raley