Friday October 9th, 2015 9:57AM

Merger of NGCSU, GSC foundations finalized

By Staff
Related Articles
DAHLONEGA - As of July 1, the University of North Georgia (UNG) will reach another milestone in the consolidation of North Georgia College and State University and Gainesville State College when its two philanthropic foundations merge. The result will be the University of North Georgia Foundation Inc. with combined assets of $52 million and a mission focused on fundraising.<br /> <br /> UNG was formed in January 2013 through the consolidation of North Georgia College & State University and Gainesville State College. UNG is the first of the University System of Georgia institutions that were consolidated in January 2013 to combine its philanthropic foundations.<br /> <br /> The final votes to form the new foundation were taken in May by trustees of both previous organizations, following a year-long process guided by the Foundation Consolidation Steering Committee. The committee, made up of five trustees from each foundation, met monthly to draft a mission and strategic initiatives, new bylaws and a transition plan. Trustees from both foundations were given the opportunity to provide feedback, then voted on finalized policies written by the committee.<br /> <br /> "Each foundation comprises impressive individuals who are committed to the success of our students and the future of the university, and I am grateful to them for their hard work during the past year to create a new, merged foundation," UNG President Bonita Jacobs said. "The sense of unity they have created will provide strong support for the new foundation."<br /> <br /> Dr. Andrew Leavitt, CEO of the UNG Foundation Inc. and UNG's vice president for university advancement, said having one foundation allows for greater efficiency and effectiveness in meeting its fundraising mission.<br /> <br /> "The future is very bright for this foundation and what we'll be able to accomplish through our mission that is now solely focused on raising money to support the students, faculty and staff of the University of North Georgia," Leavitt said. "I want to thank our trustees, alumni and donors for their support during this time of transition."<br /> <br /> In its first year, the new foundation will be chaired by Rich White, a Gainesville businessman and alumnus of the former Gainesville State College. Mary Helen McGruder of Cumming, an alumna of the former North Georgia College & State University, will serve as vice chairman of the foundation. Both White and McGruder also served on the UNG Consolidation Implementation Committee, which led the institution-wide consolidation process in 2012.<br /> <br /> "It has been a great experience working with the members of the two prior foundation boards to very thoughtfully develop the framework and operating structures for our new, united board. We are all extremely proud that our new structure and operating procedures were approved unanimously by members of both prior boards," White said. "We also want to thank President Jacobs for her support and for allowing us to formulate the most efficient plan to best meet the needs of the students and the institution."<br /> <br /> White, who is a past chairman of the UNG Foundation
© Copyright 2015
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
US stocks post sixth straight year of gains
U.S. stocks ended a strong 2014 with moderate declines Wednesday.
4:43PM ( 9 months ago )
Palestinians push ahead in pursuit of war crimes charges against Israel
Stung by a resounding defeat in the U.N. Security Council, the Palestinians announced Wednesday that they joined the International Criminal Court to pursue war crimes charges against Israel.
1:57PM ( 9 months ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 9 months ago )
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 9 months ago )
Sheriff: Man shot 2 on I-85 because he wanted car
A 22-year-old man shot two people who stopped to give him a ride on Interstate 85 in South Carolina on Christmas Eve because he wanted their car to drive to Georgia, a sheriff said Wednesday.
5:21PM ( 9 months ago )
Local/State News
Two charged after shots fired at Cleveland Walmart overnight
Two people from Cleveland have been charged in connection with an incident where shots were fired at Cleveland Walmart early Friday morning.
9:18AM ( 39 minutes ago )
Judge says Georgia's constitutional ban on same-sex marriage cannot be enforced
A federal judge in Georgia has ruled that the state's constitutional ban on same-sex marriage cannot be enforced.
By The Associated Press
9:15AM ( 42 minutes ago )
Pilot killed in Pickens County plane crash
Authorities say one person is dead after a small airplane crashed in Pickens County.
By Associated Press
5:52AM ( 4 hours ago )
Isakson, Perdue attack part of bill they say sides with Ala. in water wars
Georgia Senators Johnny Isakson and David Perdue Thursday urged Senate leaders to remove language in the Energy and Water appropriations bill they say is a direct attack on Georgia in its ongoing water dispute with Alabama.
By AccessWDUN staff
6:56PM ( 15 hours ago )
D.A.: Moran gets life without parole in Gainesville taxi driver murder
A Gainesville woman was sentenced to life in prison without parole Thursday in murder of a Gainesville taxi driver earlier this year.
2:34PM ( 19 hours ago )