The University of ÃÞ»¨ÌÇÖ±²¥ at Lafayette Foundation is honoring its distinguished donors at a reception to take place at 6 p.m. Thursday, Nov. 14 at the Petroleum Club of Lafayette.
The University of ÃÞ»¨ÌÇÖ±²¥ at Lafayette Foundation’s annual reception recognizes donors making gifts of $10,000 or more to the University. The foundation will also commemorate 30 endowed gifts and 11 additional gifts of $50,000 or more to the University for academic and athletic programs.
This year’s 30 endowments include chairs, a lectureship, general endowments, and scholarships. Each endowment is represented with a plaque in the Hall of Honor in Martin Hall. The additions bring the total number of plaques in the Hall to 368.
Opportunities available through the Board of Regents Support Fund allow for funds raised to be matched by the state for endowed chairs and professorships. As an example, for every $600,000 UL Lafayette receives for an endowed chair, the state matches $400,000, bringing each chair to $1 million. Likewise for every $60,000 UL Lafayette receives for a professorship, the state provides a $40,000 match, bringing each professorship to $100,000. The Board of Regents offers a similar program for first-generation endowed scholarships.
The principal from the endowment remains in a perpetual fund that is invested while earned income is distributed for student scholarships, professor salaries, research supplements or other designated programs. To date, the Foundation’s assets are valued at more than $144 million.
This year’s endowments added to the Hall of Honor, with a combined value of more than $4.6 million, are listed below:
- Acadiana Symphony Women's League Endowed Scholarship
- Annual Fund Athletic Scholarship Endowment
- Atmos Energy First Generation Endowed Scholarship
- William A. Brady Endowed Scholarship for Business Administration
- Anne M. and Dwight T. Coles Endowed Honors Scholarship (Duo)
- Corrosion Center Endowed Scholarship in Chemical Engineering
- Jim & Charlotte Doyle Endowed Scholarship in Business Administration
- Bill & Heather Finley Geosciences Scholarship Fund
- George "Ged" Fleming Memorial Endowed Scholarship in Business
- Dr. Robert G. Fontenot Memorial Endowed Graduate School Scholarship in Education
- Beldon E. Fox, Sr. Memorial Endowed Scholarship
- Ivan L. "Joey" Garzotto II Memorial Endowed Scholarship
- John Hoffpauir Endowed Scholarship in Nursing
- IBERIABANK Endowed Scholarship
- Rotary Club of Lafayette South Endowed First Generation Scholarship in Business
- Mr. & Mrs. Ovide Servat Memorial Endowed Scholarship
- Nelson Stokley Endowed Football Scholarship
- Spencer G. Todd Memorial Endowed Scholarship in Tennis
- Mike & Jovette Mosing First Generation Scholarships in: Economics and Finance; Management; and Interior Design
- Mike & Jovette Mosing Men's Tennis Endowment and Women's Tennis Endowment
- Dominion Exploration & Production, Inc. Petroleum Engineering Faculty Development Fund
- ÃÞ»¨ÌÇÖ±²¥â€™s Victory Run Endowment
- James William Rivers Endowed Prize Fund
- John Bartholomew Bienvenu Endowed Lectureship for the Hilliard University Art Museum
- E. G. "T-Boy" & Martha Hebert Endowed Chair in Marketing
- Mr. & Mrs. E. P. "Pat" Nalley Endowed Chair in Business Administration
- Alex & Loretta Durand Theriot, Jr. Endowed Chair in Civil Engineering
The following individuals and corporations are recognized for their generous contributions to UL Lafayette’s academic and athletic programs:
- Glenn Armentor
- Ed & Rickey Domingues
- Dupré Logistics
- Bryan & Michelle Hanks
- IBERIABANK
- Charlie Moncla
- James Moncus
- The Moody Family
- Tommie Rogers; Rogers Development Group, LLC
- Chris & Mamie Russo; Russo Exploration, LLC
- Rodney Savoy