Ohio State trustees meet, approve university matters - 02/06/04
COLUMBUS – Construction projects, personnel appointments, new academic departments and fiscal matters were among the items approved by The Ohio State University Board of Trustees at its first 2004 meeting Friday (2/6).
Trustees accepted more than $2 million in gifts given to the university during December 2003 to establish 30 new named endowed funds. The board also accepted 175 research grants and contracts awarded to the university in November 2003, totaling more than $25 million, and 262 research grants and contracts awarded in December 2003, totaling nearly $26.7 million.
Named endowed funds
• The Emalou Brumfield Endowment Fund for Mathematics Education, $466,846, provided by gifts from Emalou Brumfield (M.A., 1947) to support mathematics education in the College of Education
• The Dr. William Fung Family Outreach and Education Endowment Fund at the Wexner Center for the Arts, $250,000, provided by a gift from William Fund (Li and Fung Limited) to support the Wexner Center’s education programs
• The Robert G. and Agnes M. Jung Memorial Fund, $150,000, provided by a gift from the estate of Keith H. Jung (J. D. cum laude, 1970) of Columbus as a memorial to his parents, Robert G. Jung (B.S.Agr., 1940) and Agnes M. Davis (B.S.H.E., 1933), in support of the Chadwick Arboretum in the Department of Horticulture and Crop Science
• The George M. and Renee K. Levine Endowed Professorship Fund in Jewish History, $145,480, provided by gifts from George M. (B.S.Bus.Adm., 1947) and Renee K. Levine to attract and/or retain a distinguished scholar to hold the Levine Professorship in the field of Jewish history in the College of Humanities
• The Samuel G. Swope Scholarship Fund for The Ohio State University Marching Band, $100,000, provided by a gift from Samuel G. Swope (B.S.Bus.Adm., 1949) of Louisville, Ky., to provide five scholarships each year for members of the marching band.
• The Ronald D. Harris Endowment Fund for Excellence in Food Science and Technology, $97,011, provided by gifts from Ronald David Harris (B.Ch.E., 1961; M.S., 1961) of Columbus to support lectureships in the Department of Food Science and Technology as well as food-related research projects and other activities
• The Muffin Sniadowski Student Research Endowment Fund, $74,076, provided by gifts from the estate of Joanne Sniadowski of Chillicothe in honor of her beloved dog Muffin to award research funds for veterinary students
• The John and Ginny Elam Family Endowed Fund, $69,300, provided by a gift from Virginia Elam for financial support of WOSU stations’ programming
• The Leonard and Bess (Joseph) Burkett Memorial Scholarship Fund, $59,321, provided by a gift from the estate of Bess Joseph Burkett Sieving (B.S.Ed., 1930) of Oregon, Ohio, for scholarship support
• The John H. Dunlap Jr. Fund for Education, Outreach and Development at Stone Laboratory, $51,050, provided by gifts from Shirley Dunlap Bowser (B.S.Ed., 1956) and Cliff Bowser of Williamsport, the Kellogg Foundation and friends of Stone Laboratory in honor of Dunlap, a past member of the university’s Board of Trustees, a 7th generation farmer and a nationally recognized agricultural leader. The fund will support education, outreach and development programs at Stone Laboratory at Lake Erie.
• Morris and Fannie Skilken Family Foundation Endowment Fund for Yiddish and Ashkenazi Studies, $48,000, provided by gifts from the Morris and Fannie Skilken Family Foundation of Blacklick to support research and scholarships for students actively engaged in Yiddish and Ashkenazi studies
• Harold W. Almen Scholarship Fund in Chemical Engineering, $37,413, provided by gifts from Harold W. Almen (B.Ch.E., 1931) of Oklahoma City, Okla., to provide scholarships to junior or senior students pursuing a bachelor’s degree in chemical engineering
• The Sarah Schoessler Endowed Fund in Optometry, $30,560, provided by gifts from John P. (B.S.Opt., 1965; O.D., 1966; M.S., 1968; Ph.D., 1971) and Jane A. Schoessler and their family, friends and colleagues in memory of Sarah Schoessler to advance the eye care needs of children with disabilities
• The Hilda Dierker Scholarship Fund, $30,000, provided by a gift from Charles G. Mayer (B.S.Ed., 1940; M.A., 1947) of Tipp City to provide scholarships for music students interested in pursuing careers in public music education
• The Schoedinger Resource Initiative Fund, $30,000, provided by gifts from Schoedinger Financial Services and Schoedinger & Co. to support a resource initiative for the Human-Animal Bond-Centered Education and Practice Program at the College of Veterinary Medicine
• The Lucy J. Schneiter Memorial Scholarship Fund in Nursing, $27,695, provided by gifts from family, friends and colleagues of the late Lucy J. Schneiter (Cert.Grad.Nurse, 1941; B.S., 1959, M.S., 1966), including a gift from The Ohio State University Hospitals in honor of her years of service on the nursing staff of the Medical Center. Income will provide scholarship support in the College of Nursing
• The Kisker Scholarship Fund in Teacher Education, $26,306, provided by a gift from Richard G. Kisker (B.A., 1970; M.A., 1975) in memory of his parents, Leroy E. and Frances E. Kisker, to provide scholarship support to students in the College of Education
• The Patrick Colonel Diabetes Research and Education Endowment Fund, $25,945, provided by gifts from family, friends and colleagues of Nancy Lane Hensel (B.S.Bus.Adm., 1973; M.B.A., 1975) and in memory of Patrick Colonel to support research and education relating to the prevention, treatment and cure of Type 1 diabetes
• Linda R. Kurtz Scholarship Fund in Elementary Education, $25,804, provided by gifts from Charles Jewett Kurtz III (J.D., 1965) in honor of his wife, Linda Rhoads Kurtz (B.S.Ed., 1969; M.A., 1972), to provide financial assistance to students in the College of Education
• The James T. and Jean (Casey) Mahoney Parkinson’s Disease Research Fund, $25,532, provided by gifts from James T. Mahoney (B.S.Ed., 1952; M.S. Education, University of Illinois, 1955) and Jean (Casey) Mahoney (B.S.Ed., 1942; M.A., 1956) of Columbus to be used by the Madden/National Parkinson’s Foundation Center of Excellence for Parkinson’s Disease at The Ohio State University in support of the advancement of medical knowledge in the field of Parkinson’s disease
• The Dr. Rudine Sims Bishop Scholarship Fund in Children’s Literature, $25,312, provided by gifts from Rudine Sims Bishop to provide financial support for doctoral students majoring in children’s literature in the College of Education
• The George and Cookie Ruff Family Athletic Scholarship Fund, $25,311, provided by a gift from George E. Ruff (B.S.Agr., 1963) and his wife, Cookie, of Upper Arlington to supplement the student grant-in-aid scholarship costs of a member of the varsity football team pursuing an undergraduate degree
• The Clubface Open Breast Cancer Research Endowment Fund, $25,283, provided by a gift from friends and family of The Clubface Open to support breast cancer research programs at the Comprehensive Cancer Center – the Arthur G. James Cancer Hospital and Richard J. Solove Research Institute
• The John and Mary Alford Memorial Fund, $25,000, provided by gifts from Michael (B.S.Bus.Adm., 1978) and Barbara Cantlin to provide scholarship costs for a member of the varsity football team pursuing an undergraduate degree
• The Pat and Vince Aveni Dean’s Innovation Fund, $25,000, provided by gifts from Pat and Vince Aveni (B.S.Bus.Adm., 1947) of Gates Mills to be used by the dean of the Max. M. Fisher College of Business to promote initiatives by faculty and staff designed to increase the quality of teaching, research and involvement with the business community
• The Lorena and Mary Ann Johnston Memorial Scholarship Fund in Pediatric Advanced Practice Nursing, $25,000, provided by a gift from Lance and Elaine Johnston of Reynoldsburg to support nursing scholarships for graduate students in the College of Nursing
• The Robert C. Leonhart Memorial Scholarship Fund in Industrial and Systems Engineering, $25,000, provided by a gift from the Alfred and Frances Ross Foundation in honor of Mr. and Mrs. Ross’ late son-in-law, Robert C. Leonhart (B.I.E., 1959) to provide scholarship support for industrial and systems engineering juniors and seniors
• The Dr. Ronald C. Rogers Scholarship Fund in Education, $25,000, provided by gifts from Dorothy Bush Fox (B.S.Ed., 1933) through the Fox Foundation in honor of her son-in-law Ronald C. Rogers (M.A., 1982; Ph.D., 1983) to provide financial assistance to full-time doctoral students in the College of Education
• The Jean Trabue Tefft, Class of 1943 Endowed Scholarship Fund in Nursing, $25,000, provided by a gift from Jean Trabue Tefft (Cert.Grad.Nurse, 1943) and Philip Wadsworth Tefft (B.C.E., 1940) to support nursing scholarships for graduate students in the neo-natal nurse practitioner program
• The Steven Tovar Family Athletic Scholarship Fund, $25,000, provided by gifts from Steven Tovar (B.S.Ed., 2002) of Columbus to supplement the grant-in-aid scholarship costs of a member of the varsity football team pursuing an undergraduate degree
Change in description of named endowed funds
• Mager Family Scholarship Fund
• The James F. Patterson Land-Grant University Lectureship Fund
• The George P. Pettit, M.D., Scholarship Fund
Change in name and description of named endowed funds
• The Michael Shih-Yuan Chen Memorial Scholarship Fund is now the Dr. Michael Shih-Yuan and Anna Lee Chen Family Fund in Engineering
• The Edward F. Hayes Graduate Research Award Fund is now The Edward F. Hayes Graduate and Undergraduate Research Awards Fund
Personnel actions
• Hojjat Adeli has been named to The Abba G. Lichtenstein Professorship in Civil Engineering in the Department of Civil Engineering, effective July 1, 2003, through June 30, 2008. Adeli holds B.S. and M.S. degrees in civil engineering from the University of Tehran, Tehran, Iran, and a Ph.D. in civil engineering from Stanford University.
• Larry A. Anstine has been named executive director of The Richard M. Ross Heart Hospital, effective Feb. 16, 2004. He is currently serving as executive director of The Ohio State University Hospitals East. Anstine joined Ohio State in 1990 as director of the outpatient clinic after serving as a consultant with Arthur Andersen & Co. in Dallas.
• Christine Ballengee-Morris has been named director of the Multicultural Center, effective Jan. 1, 2004. She had been serving as the center’s interim director. She holds B.S. and M.A. degrees in art education from Miami University and a Ph.D. in art education from Pennsylvania State University.
• Melvin D. Shipp has been named dean of the College of Optometry, effective June 1, 2004, through June 30, 2008. He currently is professor in the School of Optometry at the University of Alabama at Birmingham. Shipp earned his B. S. in zoology and a doctorate in optometry from Indiana University, the Master of Public Health degree from Harvard University, and the Doctor of Public Health degree from the University of Michigan.
• Linda K. Weavers, associate professor in the Department of Civil and Environmental Engineering and Geodetic Science, has been named to the John C. Guepel Chair in the College of Engineering, effective July 1, 2003, through June 30, 2008. Weavers holds a B.S. degree in civil engineering from the University of Minnesota and M.S. and Ph.D. degrees in environmental engineering from the California Institute of Technology.
• Karla S. Zadnik, Glenn A. Fry Professor in Optometry and Physiological Optics, has been named interim dean of the College of Optometry, effective Jan. 1, 2003, through May 31, 2004. She received her O.D. and Ph.D. degrees from the University of California, Berkeley School of Optometry and was on the clinical faculty of the University of California, Davis School of Medicine for 14 years.
• Karen D. Mlawsky has been promoted to executive director of The Ohio State University Hospitals East, where she is currently serving as associate executive director, effective Feb. 14, 2004. Mlawsky held various financial management positions with University Hospital beginning in 1991, including serving as the Hospital’s controller for five years.
• Glenn S. Daehn has been reappointed to The Dr. Mars G. Fontana Professorship in Metallurgical Engineering in the College of Engineering, July 1, 2003, through June 30.
• Fred D. Sack, professor of plant biology and plant botany, has been appointed chair of the Department of Plant Biology, effective April 1, 2004, through March 31, 2008.
• Beverly J. Moss, associate professor of English, has been reappointed director of the Center for the Study and Teaching of Writing, effective July 1, 2003, through June 30, 2007.
• Christian K. Zacher, professor of English, has been reappointed director of the Center for Collaborative Research and Public Humanities, effective July 1, 2003, through September 30, 2007.
• Michael R. Grever has been reappointed chair of the Department of Internal Medicine in the College of Medicine and Public Health.
• Elizabeth Cabot has been reappointed as a citizen member of the Ohio State University Harding Hospital Board for a 2nd term, ending Jan. 31, 2007.
• Grayce M. Sills has been reappointed as a citizen member of the Ohio State University Harding Hospital Board for a 3rd term, ending May 31, 2005.
Emeritus titles
• Allan L. Barta, professor emeritus in the Department of Horticulture and Crop Science, effective April 1, 2004
• Bruce L. Hull, professor emeritus in the Department of Veterinary Clinical Sciences, effective Feb. 1, 2004
• Allan E. Lines, professor emeritus in the Department of Agricultural, Environment and Developmental Economics, effective Feb. 1, 2004
• Roy A. Scott III, professor emeritus in the Department of Biochemistry, effective Feb. 1, 2004
• Ted H. Short, professor emeritus in the Department of Food, Agricultural and Biological Engineering, effective Feb. 1, 2004
• Norman J. Uretsky, professor emeritus in the College of Pharmacy (Pharmacology), effective Feb. 1, 2004
• James A. Visconti, professor emeritus in the College of Pharmacy (Pharmacy Practice and Administration, effective March 1, 2004
• Gary L. Bowman, associate professor emeritus in the Department of Veterinary Preventive Medicine, effective, Feb. 1, 2004
• Morris G. Cline, associate professor emeritus in the Department of Plant Biology, effective Feb. 1, 2004
• Fred J. Deel, associate professor emeritus with Ohio State University Extension, effective March 1, 2004
• Mary Ann Sagaria, associate professor emeritus in the School of Educational Policy and Leadership, effective Feb. 1, 2004
• Alfred E. Staubus, associate professor emeritus in the College of Pharmacy (Pharmaceutics), effective April 1, 2004
• Wanema C. Flasher, assistant professor emeritus with Ohio State University Extension, effective March 1, 2004
• Michael Polasky, assistant professor emeritus in the College of Optometry, effective April 1, 2004
• Dona J. Schaffner, assistant professor emeritus with Ohio State University Extension, effective Feb. 1, 2004
• Walter B. Hull, assistant professor-clinical emeritus in the Department of Obstetrics and Gynecology, effective Feb. 1, 2004
• Victor R. Vermeulen, clinical associate professor emeritus in the Department of Otolaryngology, effective Feb. 1, 2004
Resolutions in memoriam
• John P. Bendekovic, associate professor emeritus in the College of Social Work, who died on Sept. 4, 2003
• Thomas J. Byers, professor emeritus in the Department of Molecular Genetics, who died on Sept. 21. 2003
• Nancy Moore Krueger Clatworthy, associate professor emeritus in the Department of Sociology, who died Nov. 27, 2003
• Wesley L. Furste II, M.D., clinical professor emeritus in the Department of Surgery, who died on Dec. 13, 2003
• Margaret H. Hines, associate professor of anatomy and radiology in the School of Biomedical Science and the College of Medicine and Public Health, who died Jan. 7, 2004
• Harold E. Kaeser, associate professor emeritus in the Department of Animal Sciences, who died Oct. 15, 2003
• James M. Kittelson, professor emeritus in the Department of History, who died on Nov. 10, 2003
• James E. Lantz, professor in the College of Social Work, who died on Dec. 20, 2003
• Harry E. Phillian, professor emeritus in the Austin E. Knowlton School of Architecture, who died Nov. 1, 2003
• Merle E. Scheetz, associate professor emeritus in the Ohio State University Extension, who died Jan. 15, 2004
• W. Wallace Stover, instructor emeritus in the School of Physical Activity and Educational Services, who died Dec. 26, 2003
• Virginia M. Vivian, professor emeritus in the Department of Human Nutrition and Food Management, now known as the Department of Human Nutrition, who died Nov. 15, 2003
Construction projects
Trustees authorized the university to enter into design services for the following projects:
• Improvement of pavements, landscaping and site furnishings in the South Dorms area. Preliminary cost estimate is $1,175,000 with funding to be provided by Student Affairs local funds and House Bill 675.
• Repair and renovation of certain roofs on the Mansfield Campus. Preliminary cost estimate is $292,500 with funding to be provided by House Bill 675 and North Central Technical College.
• Upgrade of the steam injection system at the McCracken Power Plant to better serve campus utilities requirements. Preliminary cost estimate in $700,000 with funding to be provided by future university bond proceeds and debt service to be paid by an increase in the central utility assessment.
• Construction of a soil microbial ecology laboratory in the basement of the Parker Food Science and Technology Building, 2015 Fyffe Court. Preliminary cost estimate is $450,000 with funding to be provided by the College of Food, Agricultural and Environmental Sciences general funds.
• Renovation of space at University Hospitals East to relocate the Sleep Disorder Center from Rhodes Hall. Preliminary cost estimate is $1.15 million with funding to be provided by University Hospitals East auxiliary funds.
• Upgrade of fume hoods and related ductwork in a number of classroom buildings. Preliminary cost estimate is $765,000 with funding to be provided by House Bill 675.
Trustees authorized the university to request construction bids for the following projects:
• Renovation of space at 650 Ackerman Road to accommodate the relocation of the Medical Center Data Center. Construction document project cost is $5,129,479 with funding to be provided by University Hospitals auxiliary funds.
• Replacement of the roof on the Animal Science Building, 2029 Fyffe Road. Construction document project cost is $350,000 with funding to be provided by House Bill 675.
• Replacement of doors and jambs in Fisher and Gerlach Halls on the Max M. Fisher College of Business campus. Construction document project cost is $140,000 with funding provided by House Bill 675.
• Construction of temporary buildings to hold laboratory mice during the Laboratory Animal Facilities project renovation at Graves Hall, 333 West 10th Avenue. Project cost is $675,000 with funding to be provided by the Office of Research general funds.
• Expansion of the McCracken Power Plant Chiller to properly serve future buildings. Project cost is $8 million with funding to be provided by future university bond proceeds with debt service to be paid by an increase in the central utility assessment.
• Installation of directional signs and vehicular wayfinding in and around the Medical Center. Construction document project cost is $360,000 with funding to be provided by University Hospitals and future university bond proceeds with debt service to be paid by University Hospitals.
• Replacement of the hot water heating system at Pomerene Hall, 1760 Neil Avenue. Construction document project cost is $350,000 with funding to be provided by House Bill 675.
• Phase II of roof replacement on the Veterinary Hospital, 601 Tharp Street. Construction document project cost is $650,000 with funding to be provided by House Bill 675.
• Construction of a mechanical room for the installation of a Biocontainment Laboratory on West Campus. Revised project cost is $2.75 million with funding to be provided by College of Medicine general funds.
• Build-out of 3rd floor shell space in Wiseman Hall, 400 West 12th Avenue to accommodate research staff. Construction document project cost is $3,569,940 with funding to be provided by the Arthur G. James Cancer Hospital and Richard J. Solove Research Institute.
Cancer Hospital bylaws amended
The board approved a series of amendments to the Bylaws of the Medical Staff of the Arthur G. James Cancer Hospital and Richard J. Solove Research Institute that clarify language in order to achieve uniformity and alignment with current practice.
Honorary member of Heart Hospital board named
The board approved the naming of Elizabeth “Libby” McKeever Ross as an honorary member of The Richard M. Ross Heart Hospital Board, effective immediately. Ross currently serves on the Heart Center Campaign Committee, which is guiding the $50 million campaign to support the hospital, named in honor of her late husband. She was awarded an honorary Doctor of Humane Letters by the university in 2002.
University representative to LabNet appointed
Trustees approved the appointment of Thomason C. Smith, director of University Reference Laboratories, to the board of trustees of LabNet of Ohio, a non-profit Ohio corporation that was formed to offer lab services of its members to managed care companies. The University Health System, as a member of LabNet, is entitled to appoint one trustee who will represent the interests of the university and its health system.
Audiology doctorate program established
The board approved the establishment of a Doctor of Audiology degree program, effective upon the approval of the Ohio Board of Regents. The program is necessitated by new standards put in place by the American Speech-Language-Hearing Association that now require a doctoral degree for certification in the practice of audiology. The proposed program will be the fourth to be established in the state of Ohio.
College of Allied Medical Professions adds degree program
Trustees approved the establishment of a Ph.D. degree program in Health and Rehabilitation Services, effective upon the approval of the Ohio Board of Regents. The interdisciplinary program in the College of Allied Medical Professions is designed to prepare health care professionals to become leaders, teachers and scholars in their respective fields of allied health. No similar program currently exists in the state of Ohio.
Two engineering departments renamed
The board approved changing the name of the Department of Computer and Information Science to the Department of Computer Science and Engineering and the name of the Department of Electrical Engineering to the Department of Electrical and Computer Engineering, effective immediately. Both name changes describe more accurately each department’s focus and mission in the College of Engineering.
Hospital atrium named
Trustees approved naming the fifth floor atrium joining Rhodes and Doan Halls in the OSU Medical Center as the R. Reed Fraley Atrium, effective immediately. The board waived the requirement that three years must elapse before a structure can be named for a retired employee. Fraley served as vice president for health services and chief executive officer of the OSU Health System before his Jan. 31, 2004, retirement. Under his leadership, the Medical Center became a nationally recognized institution in the areas of patient care, health information delivery and customer service.
Heffner family honored
Trustees approved changing the name of the William G. Heffner Wetlands Research and Education Building to the Heffner Wetland Research and Education Building to reflect the involvement of the entire Heffner family in supporting the Wetland Research Park.
Competitive bidding requirements waived
The board accepted the quarterly report on waivers of competitive bidding requirements for October-December 2003. During that period, the senior vice president for business and finance granted 49 waivers for annual purchases totaling approximately $5,168,700. The vice president for health services granted 28 waivers for annual purchases totaling approximately $7,215,000. Waivers may be granted in the event of an emergency, when a sufficient economic reason exists or when goods or services can be purchased from only a single source.
Easements approved
Trustees approved granting an easement to Ohio Bell Telephone Company, d.b.a. S.B.C. Ohio, for the construction of certain improvements, installations, enhancements, facilities and equipment related to providing telephone service to the Graduate and Professional Student Housing project. Trustees also approved granting a perpetual roadway easement to Pike County over and across .0375 acres of university land at the intersection of Shyville and Schuster Roads for roadway improvements.
OARDC praised by Battelle
The Agricultural Affairs Committee was briefed on a report issued in January by Battelle Memorial Institute that assesses the Ohio Agricultural Research and Development Center (OARDC).
Phase I of the three-part study found that OARDC plays a key role in keeping Ohio’s agriculture and food industries competitive and among the most productive in the world. In addition, the study called OARDC “a substantial economic engine for the state of Ohio.” OARDC is the research arm of Ohio State’s College of Food, Agricultural and Environmental Sciences and works closely with Ohio State Extension. It has 14 locations across the state, with a major campus in Wooster and a large presence on Ohio State’s Columbus campus.
Departments report on Selective Investment
Trustees were updated on progress in the Departments of Psychology and Neuroscience, chosen for university Selective Investment awards in 1998 and 1999 respectively. Michael Beattie, chair of the Department of Neuroscience, reported that the award has allowed the department, which was formed in 1999, to make rapid advancements in the field of imaging in the study of the human brain. The award has enabled the department to hire distinguished new faculty and to present symposia on advances in the field.
Gifford Weary, chair of the Department of Psychology, reported that the award is enabling the department to pursue its goal of becoming one the nation’s top ten psychology departments by 2010. Psychology is the most popular major at Ohio State, and the department has seen a steady increase in grants and faculty citations over the past decade.
The Selective Investment initiative was begun in 1997 to identify some of Ohio State’s strongest departments and programs and to give them the resources they need to move to the top of their fields.
University budget updated
William J. Shkurti, senior vice president for business and finance, gave trustees an annual midyear budget update and noted a significant increase in federally sponsored research grants for the first six months of the current fiscal year. So far, new grants and contracts are up 6.4 percent from last year, and accompanying indirect cost recoveries are 8.3 percent higher. The additional research activity accounts for more than $9.9 million in the university’s coffers, he said.
Assessing Ohio State’s financial condition and efforts to diversify resources, Shkurti said the university must continue to behave more entrepreneurially to help offset the risk of reliance on state funding, which is becoming less predictable and less stable. “The proposed repeal of the one-cent sales tax increase continues to be a source of uncertainty,” he said. “Should the proposed repeal be successful, the impact on Ohio State and other public universities could be severe.”
Enrollment figures for the year are steady, with a very small increase overall and a relatively small impact on the university’s bottom line. Applications from new students are also down slightly. The Health System’s financial status continued to remain stable during the first half of the fiscal year, and Shkurti reported that athletics, the Schottenstein Center and Blackwell Inn revenues and expenses are within budget targets.
In a separate report, Shkurti updated trustees on how the university's original budget projections of income and expenses for fiscal year 2002-03 compared with annual audited financial statements. Shkurti told trustees that general fund revenues exceeded expectations by 2.55 percent, while spending was 5.87 percent below budget.
University endowment up
University Treasurer Jim Nichols updated trustees on the status of the university’s endowment, which stood at $1.11 billion at the end of January. That compares to $958 million at the beginning of the current fiscal year, an impressive increase of $152 million in seven months, he said. As of Dec. 31, Nichols said, the number of individual funds in the endowment had reached 3,393, an increase of approximately 1,250 in the past 10 years. Nichols also said that, as of Dec. 31, the university has a total of 248 deferred gifts with a market value of $68.8 million.
Trustees heard report on Student Health Services
Trustees heard a report on Student Health Services by Director Ted Grace. Created at Ohio State in 1908, the program serves as a family practice and has been accredited by the Joint Commission on Accreditation of Healthcare Organizations since 1979. It has approximately 100,000 visits a year, and more than 80 percent of students have used the services by the time they graduate. Forty percent of the visits are by graduate and professional students. Student Health Services uses a fee-for-service funding model that does not rely on non-users to subsidize the health care of others. Student Health Services has an ongoing partnership with the Ohio State Medical Center and offers teaching and research opportunities for Ohio State students. Dr. Grace said plans are being considered for improving access to Student Health Services among other initiatives.
Student receives board recognition
Susan Borchers, from Russia, Ohio, received the board’s Student Recognition Award. She is a third-year honors student enrolled in the physical education licensure program in Sports and Leisure Studies in the College of Education. Borchers, who was nominated by Dean Donna Evans, is a founding member and president of the Physical Education Club and an ambassador of Physical Activities and Educational Services. She volunteers at Jones Middle School and is an active member in the Ohio State chapter of Delta Delta Delta Sorority.
