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2005-2006 President’s Report niversity of the U V I irgin slands The University of the Virgin Islands is accredited by the Commission on Higher Education of the Middle States Association of Colleges and Schools, 3624 Market Street, Philadelphia, PA 19104 (215) 662-5606. The Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Commission on Recognition of Post-Secondary Accreditation. 2005-2006 Review of University Performance and Accomplishments San Antonio SPURS MVP and St. Croix native Tim Duncan assists a student at the Family Life Center’s After School Program on the St. Thomas campus Table of Contents 2005-2006 President’s Report 2 Board of Trustees 2005-2006 3 A Letter from the President 4 UVI Events 7 Accomplishments of the 2005-2006 9 UVI History 11 Donor Profile B Edith Galiber 12 UVI Enrollment 13 A Letter from the Director of Annual Giving 14 Summary of Gifts 2005-2006 15 Donor List 2005-2006 17 Grant Activity 18 Financial Report 2006 20 President’s Cabinet niversity of the U V I irgin slands www.uvi.edu A Letter From the President Board of Trustees 2 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report The Honorable Charles W. Turnbull Governor of the United States Virgin Islands Honorary Chairman of the Board of Trustees Auguste E. Rimpel. Jr., Chair Concord, Massachusetts Alexander Moorhead Vice Chair St. Croix, USVI LaVerne E. Ragster, ex-officio President of the University St. Thomas, USVI Roy D. Jackson, CPA St. Thomas, USVI Noreen Michael, ex-officio Commissioner of Education St. Thomas, USVI Bernard Paiewonsky Bethesda, Maryland Deanna Rogers Alumni Association Trustee St. Thomas, USVI Lynn Rosenthal Faculty Representative St. Thomas, USVI Henry C. Smock St. Thomas, USVI Yvonne E. L. Thraen St. Thomas, USVI Jay Wiltshire Student Trustee St. Thomas, USVI Juanita Woods St. Croix, USVI Judy M. Gomez, ex-officio Chair, Board of Education St. Thomas, USVI Audrey Thomas St. Thomas, USVI PHOTO UNAVAILABLE 3 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report A Letter From the President From its inception, the University of the Virgin Islands has provided hope and enlightenment to its primary stakeholders — its students. What the University of the Virgin Islands has also done since it was founded as the College of the Virgin Islands in1962 is to provide the U.S.Virgin Islands community and the Caribbean region with intellectual resources that have the power to transform lives. As I recount the accomplishments of the 2005-2006 academic year, I am struck by the pivotal progression this historic institution has made toward becoming an exceptional U.S. institution of higher education in the Caribbean. After reflecting upon the University’s previous Strategic Plan’s accomplishments and lessons learned, during this academic year the University community established the framework for VISION 2012, UVI’s third strategic plan. The implementation of VISION 2012 began in the spring, focusing on the development and implementation of major initiatives and strategies focused on improving student success, promoting excellence in all that we do, and enhancing the social and economic transformation of the territory. The vision of UVI becoming “an exceptional U.S. institution of higher education dedicated to student success, committed to excellence and pledged to enhancing the social and economic transformation of the U.S. Virgin Islands,” is the result of a collaborative effort on the part of UVI students, faculty and staff. I am grateful for the dedication of all of UVI’s partners for bringing us to this point in time. I remain inspired by the University’s values, as outlined in VISION 2012: students first, learning & scholarship, excellence, teamwork, collegiality & shared governance, inclusiveness of ideas, principled leadership, support of our community, effective use of technology and an equitable reward system. With these values to guide us, I am confident that the University of the Virgin Islands will be stronger, more competitive and more responsive to all whom we serve. Sincerely yours, LaVerne E. Ragster, Ph.D. President University of the Virgin Islands Letter from the President UVI Events 4 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report Golfer Andia Winslow offers tips on golfing to youngsters at the FUVI Celebrity Golf Classic youth sports clinic at the Carambola Golf Course on St. Croix. Miss UVI Shakima Stoutt (third from left) stands tall while competing in the Hall of Fame Black Campus Queen Competition in Atlanta, Georgia. A group of St. Croix children pose for this photograph after attending the FUVI Celebrity Golf Classic youth sports clinic in football, basketball and golf facilitated by several celebrities. People of all ages take part in the annual Mango Melee during the month of July at the St. George Botanical Garden on St. Croix. UVI Events 5 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report A warm smile graces the face of Sarah Chitolie, (BA in Accounting) graduate at the St. Croix Campus Commencement Exercise. UVI St. Croix campus graduation candidate Eugenia Maffei (A.A. Early Childhood Education) is all smiles while listening to the Commencement speaker. Governor Charles W. Turnbull gives his Congratulatory Address to graduates at the St. Croix Campus commencement. At the UVI St. Croix campus Commencement exercise De’Anne Harley, MAE, carries a big smile and waves to celebrate her accomplishment. 6 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report UVI Events President Ragster is flanked by San Antonio SPURS Most Valuable Player and native Virgin Islander Tim Duncan at center court in the UVI Sports and Fitness Center during the team’s exhibition game. Tim Duncan lends an ear and speaks with children from the Family Life Center’s After School Program. Capacity crowds filled the UVI Sports and Fitness Center during the Paradise Jam basketball tournament, the annual NCAA Division I basketball tournament held in November during the Thanksgiving recess. EDUCATIONAL EXCELLENCE To continue UVI’s ascendance as a premier institution of higher learning in the Caribbean The University held its fourth Annual Spring Research Symposium on the St. Croix Campus to display students’ scientific research and served as an example of student-faculty collaborative scholarship. The University conferred its highest degree – the Education Specialist degree in School Psychology. The University awarded, for the first time, a Bachelor of Science degree, in collaboration with Columbia University. The institutionally supported student newspaper, UVI VOICE, was launched. The University hosted the 2006 Summer Institute for Future Global Leaders in the Caribbean on the St. Thomas Campus. The instituted attracted more than 40 university juniors, seniors, and first-year graduates from the Caribbean, the U.S. mainland and Europe. INSTITUTIONAL IMPROVEMENT To enhance the performance of our internal operations VISION 2012, the University’s Strategic Plan for the period 2006-2012, was completed and implemented. As an initial step towards the re-affirmation of its accreditation, the University submitted to the Middle States Commission on Higher Education (MSCHE) its Self Study Design and completed a first draft of its Self Study Report. The University implemented a three-year capacity- building project entitled Project Leap Frog. The Project is geared towards enhancing human capital and technological infrastructure needs within the institution. Major renovations were completed on UVI’s two marine facilities – the MacLean Marine Science Center (MMSC) on the St. Thomas Campus and the Virgin Islands Environmental Resource Stations (VIERS) on St. John. Renovations at MMSC included upgrading of research and teaching 7 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report UVI Accomplishments During the 2005-2006 academic year, VISION 2012, the University’s Strategic Plan for the period 2006-2012, was completed and implemented. VISION 2012 outlines the goals, objectives, and priorities necessary for UVI to grow into its role as an exceptional U.S. institution of higher education in the Caribbean. VISION 2012 is comprised of bold initiatives that are designed to improve student success, promote institutional excellence, and enhance the social and economic interests of the Territory. UVI’s accomplishments during the period are measured against the four Strategic Areas of Focus, as outlined in VISION 2012: Accounting technician Janice Henley receives the St. Thomas campus Employee of the Year Award from President Ragster at the 32nd Annual Service Awards program for University employees. 8 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report laboratories and diving facilities; at VIERS, renovations included the construction of three laboratories and the installation of a new roof on the existing facility. FINANCIAL SUSTAINABILITY To ensure that this vital academic asset remains vibrant The University exceeded its Annual Giving target for 2005-2006, receiving just over $2 million in gifts, which included approximately $1.1 million in cash. The Reichhold Center for the Arts increased its receipt of private funding by approximately 40 percent. The University received approximately $10.1 million in grant awards, representing more than 50 awards. This represents a 15 percent increase over FY 2004- 2005. COMMUNITY ENGAGEMENT To partner with others throughout the Caribbean to make this a better place to live and work. The 26th Legislature awarded the University $500,000 to conduct a public education program to educate the U.S. Virgin Islands’ community about the planned 5th Constitutional Convention. The University embarked on the public education project and established a website, www.itsourfuture.vi to house critical information pertaining to the project. In collaboration with the Office of the Governor, UVI CELL developed and coordinated the first of an Annual Occupational Safety and Health Conference. There were over 100 participants, representing government officials, business owners, and experts from OSHA. UVI CELL entered into a Memorandum of Understanding with Homeland Security to manage training initiatives and provide marketing support for the Office of Homeland Security. The Center for Marine and Environmental Studies, in partnership with the Nature and Ocean Conservancies, produced a DVD film on spawning aggregations and fisheries of the U.S. Virgin Islands. The Small Business Development Center (SBDC) sponsored more than 40 training opportunities; completed more than 150 business-counseling cases and assisted entrepreneurs to secure independent loans totaling more than $275,000 in small business funding. SBDC assisted The Virgin Islands Farmers Cooperative, a cooperative of minority farmers, to obtain a technical assistance grant for $172,950 from the USDA Rural Development Agency to prepare a feasibility study and business plan for dairy, livestock, vegetable and fruit production on St. Croix. Author and activist Randall Robinson, lecturer for the Alfred O. Heath Distinguished Speakers Series, engages a capacity audience March 14, 2006 while speaking on “Race and the Making of U.S. Foreign Policy,” in Chase Auditorium on UVI’s St. Thomas campus. Nursing Division administrative assistant Ann-Merrie Hendrickson receives the St. Croix campus Employee of the Year Award at the 32nd Annual Service Awards program for University employees. UVI Accomplishments cont’d UVI History 9 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report The first campus opened on St. Thomas in July 1963, on 175 acres donated by the federal government. In 1964 the college founded a second campus on St. Croix, on 130 acres also donated by the federal government. As a result of the purchase, in 2000, of an additional 211 acres on its westernmost edge, the St. Thomas campus currently encompasses 386 acres. In addition to the associate of arts degree, which was the only degree offered at the outset, UVI now offers numerous baccalaureate degree programs, and five master’s degree programs. A post-master’s degree in educational psychology, an associate in applied science degree in process technology, and workforce training certificate programs are also offered. In 1972 the College of the Virgin Islands was awarded land-grant status by the U.S. Congress. This allowed for the establishment of an Agricultural Experiment Station and a Cooperative Extension Service. In 1983 the U.S. Congress passed legislation establishing the University’s Eastern Caribbean Center. Since then, many other areas have been added. These include the Reichhold Center for the Arts, the William P. MacLean Marine Science Center and the UVI Sports & Fitness Center, among others. In 1986 the College of the Virgin Islands was renamed the University of the Virgin Islands to reflect the growth and diversification of its academic curricula, community and regional services, and research programs. That same year, the University was designated one of America’s Historically Black Colleges and Universities by the U.S. Congress. It is the only HBCU outside of the continental U.S., and it is the first to offer an undergraduate degree program in marine biology. In 2002 Dr. LaVerne E. Ragster became the fourth and first female president of the University of the Virgin Islands, succeeding Dr. Orville Kean, who had served as president since 1990. Dr. Arthur A. Richards was president from 1980 to 1990. Lawrence C. Wanlass was the first president of the College of the Virgin Islands from 1962 to 1980. Today, UVI enrolls approximately 2,500 full-time and part-time students on its two campuses. It continues to offer a high quality, affordable liberal arts education in a culturally diverse environment. The University boasts more than 5,000 alumni, many of whom have gone on to excel as doctors, lawyers, judges, university and government administrators, teachers, and other professionals. Among the many accomplished UVI alumni are two Rhodes scholars, the winner of a Pulitzer Prize for Journalism and the premier of Nevis. UVI holds active membership in many higher education associations, including the Middle States Association of Colleges and Schools, and is accredited by the Commission on Higher Education of the Middle States Association. The University is also an active member of the American Association The University of the Virgin Islands was chartered by the Fourth Legislature of the Virgin Islands on March 16, 1962, as the College of the Virgin Islands — a publicly funded, coeducational, liberal arts institution. The first Board of Trustees took office in August 1963. UVI History cont’d 10 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report of State Colleges and Universities, the American Association for Higher Education, the Association of Governing Boards, the National Association for Equal Opportunity, the National Association of State University and Land Grant Colleges, the American Council on Education, the Association of Caribbean Information Systems, and the Association of Caribbean Universities and Research Institutes. Cooperative agreements between the University of the Virgin Islands and many other leading universities allow UVI students to receive degrees not offered on the UVI campuses. The Boston University School of Medicine cooperative agreement allows UVI students, after meeting certain qualifications, to be accepted provisionally into the medical school at the end of their sophomore year. These students spend two summers and their senior year at Boston University, graduate with a bachelor of science degree from the University of the Virgin Islands, and then proceed to complete medical school at Boston University. Additionally, there are less formalized transfer programs in pre-engineering, pre-pharmacy and pre-medical technology for students who wish to begin their studies in these fields at the University of the Virgin Islands before transferring to a specialized institution to complete their degrees. Students in St. Martin and the British Virgin Islands earn bachelor’s degrees via cohort programs the University of the Virgin Islands has established with the University of St. Martin and H. Lavity Stoutt Community College in Tortola, respectively. UVI has also signed agreements with two other regional institutions, Dominica State College and Clarence F. Bryant College in St. Kitts, which will make it possible for graduates of these institutions to be admitted to upper-level courses in baccalaureate degree programs at UVI. The National Student Exchange program operates on both the St. Thomas and St. Croix campuses. Each semester approximately 25 students from the U.S. mainland enroll through NSE. In addition, UVI continues to admit students via memoranda of understanding with the State University of New York at New Paltz, the College of Charleston, Emory University, Savannah State University (social work completion), Columbia University and Washington University in St. Louis (for engineering), UNINTER (Universidad Internacional de Cuernavaca, Mexico) and the Association of Caribbean Universities and Research Institutes (UNICA) Caribbean Exchange Program. The University of the Virgin Islands is increasingly being recognized as a leading American institution of higher learning in the Caribbean. Under Dr. Ragster’s leadership, the University will continue to fulfill its mission of providing superior academic instruction, conducting relevant research and engaging in public service activities that positively impact the territory, the region and beyond. 11 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report Edith Rose Lewis Galiber likes to give. She gave the Virgin Islands community four decades of service as a public health nurse. She gives to charitable contributions across the nation. And she gives to the University of the Virgin Islands. “My biggest contribution is that I make contributions,” Mrs. Galiber says about the impact her generosity has had over the years. “I used to donate all over the country,” Mrs. Galiber remembers. “Once you do that you are on a list and then everybody starts sending you requests. I decided to put that money in the Virgin Islands,” she says. “I have my favorite charities,” Mrs. Galiber says of national causes that she continues to support. But much of her attention is directed towards causes in the territory. UVI is a benefactor of Mrs. Galiber’s decision to focus her philanthropic efforts in the territory. In 2006 the University used $100,000 of Mrs. Galiber’s and her late husband Dr. Andre Galiber’s gifts to create the Edith and Andre Galiber Endowment. “I’m honored to have had this happen,” Mrs. Galiber says of the endowment. “We’ve always supported the University.” “It’s really wonderful that the University is here,” she affirms. A graduate of the College of Saint Teresa in Winona, Minnesota, she remembers when there were no institutions of higher education in the territory and high school graduates had to go to the U.S. mainland to earn degrees. When the University was created 45 years ago as the College of the Virgin Islands, its mission garnered the support of the Galibers. “I wanted to support that because we needed it,” Mrs. Galiber recalls. Mrs. Galiber retired from government service as the director of Public Health Nursing on St. Croix after a rewarding career. Born in St. Thomas she met Dr. Galiber at the Knud Hansen Memorial Hospital where she worked as a pediatric nurse and he was a medical student. His career and military service took them to Washington D.C. and Indianapolis. When the Galibers returned to the territory the family settled on St. Croix, where the services of Dr. Galiber, a radiologist, were needed. Although retired from public service, Mrs. Galiber works part-time and continues to give to the community through her involvement at Holy Cross Catholic Church and with the Delta Sigma Theta Sorority. She also remains a faithful supporter of health and educational causes in the territory. That’s just the spirit of Mrs. Galiber, the matriarch of a family that includes six children, 18 grand- children and two pets. With an endowment at UVI her giving will continue forever. “I really support it,” says Mrs. Galiber about UVI. “I want it to be alive, to stay here and to grow.” Edith Rose Lewis Galiber The Edith and Andre Galiber Endowment By Nanyamka Farrelly 12 23% 34% 21% 7% 14% 15% 9% 77% Unclassified Fall 2005 UVI Enrollment by Status +7.78% increase over 2002 Fall Enrollment 2005 by Gender UVI Fall Enrollment 2005 by Level UVI Enrollment UVI Enrollment UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report Director of Annual Giving Maintaining good relationships involves meeting expectations and showing appreciation for a job well done. During the 2005- 2006 fundraising campaign, the University of the Virgin Islands’ (UVI) donors exceeded expectations by helping to raise more than $2 million in cash and gifts. The generosity and goodwill of our donors were more than we could have ever expected. The University community is extremely appreciative of this level of support. UVI continues to provide excellent stewardship of the gifts received from alumni and the Virgin Islands community. The Virgin Islands Experimental Program to Stimulate Competitive Research (VI-EPSCoR) was awarded a second grant from the National Science Foundation in large part from the support received from UVI donor Trust Asset Management. The University Research and Public Service area was the largest benefactor in 2005-2006 with a gift of Senepol Cattle from St. Croix resident and farmer Mrs. Caroline Gasperi of Castle Nugent Farms. Our students were also a priority for donors as they helped to raise money for scholarships with the UVI/Tom Joyner School of the Month Campaign. UVI and the Tom Joyner Foundation raised more than $300,000 for UVI’s May 2006 School of the Month drive. UVI’s supporters have helped to keep the University moving forward by helping to provide better services for students, collaborative opportunities with faculty, and resources for the Territory. The students, faculty and staff of the University thank the friends and alumni who made 2005-2006 a historic year for fundraising. The 2005-2006 list of UVI donors should be commended for their financial sacrifice. These donors heard our call for help and they responded by exceeding our expectations. Job well done! Sincerely, Mitchell A. Neaves Director of Annual Giving 13 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report A Letter from the Summary of Gifts 14 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report Contributions by Constituency Alumni $ 42,706.66 Corporate $ 745,911.00 UVI Community $ 11,501.00 Foundations $ 94,580.52 Friends $ 145,237.92 Organizations $ 56,920.00 Trustees $ 12,600.00 Total Cash $1,109,457.10 Stock $ 2,471.07 In-Kind-Gift $ 958,052.28 Total $2,069,980.45 Contributions by Circle UVI Partner Circle $1,813,812.11 Ralph Paiewonsky Circle $ 83,610.00 Founders Circle $ 106,759.07 Trustees Circle $ 26,950.00 President’s Circle $ 24,662.89 UVI Supporters $ 11,167.00 Associates Circle $ 3,019.38 Total $2,069,980.45 Donor List 15 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report UVI Partners ($10,000 - Up ) Scotiabank Belair Quartz, Inc. The Bennie & Martha Benjamin Foundation Bridge Capital (USVI), LLC Castle Nugent Farms, Inc. Cornerstone Strategies, LP Cruzan VIRIL, Ltd. Derivative Consulting Group, LLC Drury Capital, Inc. Falconwood Foundation Inc. FirstBank Virgin Islands Gottlieb’s Quick Way Service Center, Inc. Dr. Alfred O. Heath Hovensa L.L.C. International Capital & Management Co., LLLP IVAX Pharmaceuticals, Inc. Jones-Holloway-Bryan Foundation Mrs. June Koier Marmarus Management Company, LLC Mount Eagle Corporation The New School Prosser/ICC Foundation Inc. Lee J. Rohn, Esq. Saint Croix Foundation Highfield, Schuster, and de Chabert Family Thurgood Marshall Scholarship Fund The Tom Joyner Foundation, Inc. Trust Asset Management V.I. Industrial Park Development Corp. West Indian Company, Ltd. Ralph Paiewonsky Circle ($5,000 - $9,999) Bert Smith & Company The Buccaneer Hotel Mr. and Mrs. Vashdev B. Dadlani Globalvest Management Company LP Golden Eagle Financial, LLLP Hess Foundation, Inc. Dr. and Mrs. Orville E. Kean Kenzie Financial Management, Inc. Margate Management L.P. Matthew Concrete Inc. Mega Management Advisors LLC Mr. Cornelius and Mrs. Gertrude Prior Theodore Tunick and Company Olivine A. Treasure, M.D., 1986 VI Economic Development Authority Founders’ Circle ($1,000 - $4,999) American Legion Auxiliary, Inc. B & B Manufacturing, Inc. Ms. Sheala N. Berkowsky Mr. Joseph and Mrs. Aisha Boschulte Derek M. Burnett, M.D. Caribbean Chorale Mrs. Mei-Ching Chiu Choice Communications, LLC Mr. and Mrs. Alfred Cohen Coral World, Inc. General Samuel E. Ebbesen Enhanced Education Mr. Julito Francis Frank’s Bake Shop The Grybowski Trust Hall and Griffith, Attorneys at Law Hawkins, Delafield & Wood Hovensa L. L. C. Investment Security Services LLLP Jason Carroll Memorial Fund, Inc. Jewelry Exchange Kapok Management, LP Karen Ingeborg Lockhart Foundation Dr. Garfield A. Less Dr. Leighmin J. Lu Ms. Susan L. Lugo, 1990 Maguire Group Inc. Maho Bay Camps, Inc. The March Group, LLLP Marshall & Sterling Dr. Margaret E. Sprauve-Martin Prisca L. Maynard, M.D., 1991 Mr. and Mrs. Charles McQuaid Secundina G. Mercado, M.D. Miller & Jacobs Capital, LLC Mr. Alexander A. Moorhead Mr. John L. Moorhead MSI Building Supplies Mrs. Ulla F. Muller Nuveen Investments Dr. Bernard Paiewonsky Paradise Bottling, Inc. Premier Wines & Spirits, Ltd. Dr. LaVerne E. Ragster Dr. Auguste E. Rimpel, Jr. Mr. and Mrs. Stephen J. Schuh Secret Harbor Beach Resorts Associates Seslia Virgin Islands Securities Inc. St. Croix Friends of Denmark Dr. Wook Suh Mr. S. Donald Sussman Mr. R. Victor Taglia Mr. and Mrs. Abe L. Tarapani Mr. and Mrs. Edward E. Thomas Mr. James D. Tunick Virgin Islands Ear, Nose & Throat, P.C. Virgin Islands Institute of Performing Arts, Inc. Mr. Michael A. Watson, 1988 Mrs. Sylvia B. Weaver Mr. and Mrs. Edward H. Weinman Mrs. Leona B. Wheatley The Williams Capital Group, L.P. Mrs. Juanita M. Woods Trustees’ Circle ($500 - $999) A+ Furniture Inc. The Association of Virgin Islands Psychologist, Inc. Mr. Krim Ballentine Better Roads Business World Ltd. Wilbur K. Callender, M.D., 2001 Cardow Jewelers Comfort Cooling, Inc. DeJongh/Francis 2006 Campaign Mrs. Helen M. Dookhan, 1988 Mr. John D’Orazio Driehaus Capital Management, LLC EJ’s Photography Foy Electric Corporation Prof. Helen W. Gjessing Goddard Catering Guardian Insurance Company Dr. Frank L. Heikkila The Honorable Louis P. Hill, 2000 Mr. Roy D. Jackson, 1985 L & G Auto Parts Mr. and Mrs. Ramesh Lalwani Law Offices of Percell and Hermon-Percell PC Mr. and Mrs. Hurdle H. Lea III Hugh Peter Mabe III, Esq. MacKay Enterprises, Inc. Ms. Ellen G. MacLean Mr. Rodney E. Miller Mr. Tablecloth, Inc. Ord, Inc Mr. Marvin Pickering 1985 and Mrs. Yolette Pickering Dr. Vincente Poblete, Jr. and Dr. Eva Poblete Raider Construction LLC Republic Barge Service, Inc. Mrs. Cynthia A. Perry-Richards, 1973 Ms. Deanna E. Rogers, 1985 Mrs. Rehenia Romeo, 1977 Siera Jewelers Mr. Nigel Simon, 1996 Mr. Leroy V. Smith St. Thomas Federal Credit Union Dr. Yvonne E. L. Thraen TOPA Insurance Services Mr. Ramesh Totwani Track Realty, Inc. UVI Alumni Association - St. Thomas/St. John Chapter Virgin Islands Urologic Center Inc. Walcott’s Computer Services Dr. David Weisher President’s Circle ($200 - $499) A.H. Riise, Inc. Mrs. Jacalyn Aaron, 1982 Mr. Subhas N. Advani Mrs. June Brent Alston The Honorable Vance W. Amory, 1988 Mr. and Mrs. Ratan Balani Mr. Dayle Barry, 1982 Mr. Craig W. Barshinger Dr. Linda Benjamin The Hon. Lorraine Berry and Mr. Richard Berry Bobby’s Jewelers Caribbean Petroleum Inc. Caribbean Professional Consultants Inc. CET Business Services, Inc. Children’s Dental Care, Inc. Ms. Rita I. Coll Rosalie A. Dance, Ph.D. and Mr. Adrian Bishop Dr. Ralph A. deChabert Ms. Erva A. Denham, 1966 Mr. and Mrs. David E. T. Edgecombe Mrs. Clovis E. Emanuel, 1985 Exxon Mobil Foundation, Inc. Major Charles D. Fahie, 1967 Ms. Mariga R. Fleming, 1968 Mr. Robert E. Fontaine and Dr. Deborah C. Fontaine Mr. Elmo Francis 1989 and Mrs. Jennifer Francis Mrs. Geraldine A. Frank Ms. Carol Fulp Gallows Point Resort Gold Mine The Reverend E. Ambrose Gumbs, 1984 Mrs. Shekema A. Gumbs, 1994 Mrs. Jacqueline Chapel-Hardy, 1994 Mrs. Ethel G. Harris, 1973 Mr. Kenneth L. Hermon, Jr., 1999 Dr. and Mrs. Arnold R. Highfield Holiday Inn - Windward Passage Ms. Editha E. Jackson, 1985 Mr. and Mrs. Richard H. Janeway, 1967 Ms. Beverly Bledsoe-January, 1991 Ms. Patrice K. Johnson Ms. Sandra D. Johnson, 1980 Kazi Management VI, Inc. L. T. Construction, Inc. Mrs. Ann Lang Mrs. Norma S. Levin Lew Henley’s Sewage Disposal The Honorable Lawrence W. D. Lewis, 1973 Limnos Charters Mr. Herbert E. Lockhart III Dr. Brian C. Martin, 1999 Mashad Inc. Mr. Ejnar McClean, 1977 Roy E. McClean, Ph.D., 1985 Mr. John McGonagle Mr. Haresh Mirpuri Ms. Bernice A. Moore, 1986 Ms. Velma J. M. Moore, 1969 Mrs. Lorna R. Mulley, 1994 Ms. Bianca L. Mussenden, 1976 Mr. Mitchell A. Neaves Ms. Eurice A. Nibbs, 1992 Mrs. Anne W. Pardo 16 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report Ms. Marisol Ortiz Perez Ms. Christine E. Pickering, 2002 Dr. Anita Plaskett, 1978 Mrs. Beth Poppre Marjorie Rawls Roberts, Esq. Mr. and Mrs. Albert C. Rohrman, Jr. Mrs. Rita Schuster Mrs. Ardrina Scott-Elliott Dr. Malik Sekou, 1989 Trevor F. Simmonds, D.D.S. Dr. Howard L. Simmons St. Croix Marine, Corp. Ms. Rena L. Thomas, 1968 M. La Vonne Thompson, Esq. The Honorable and Mrs. Terence Todman Mr. Gopal Totwani Mr. Jay Totwani Mr. Paul Totwani Tropicana Perfume Mr. Louis A. Turnbull, 1976 Tutu Park Ltd. Val’s Insurance Ms. Elise Vialet, 1972 Virgin Islands Ground Handlers, Inc. Mr. Raj Vishindas Mr. Chandru Wadhwani Mr. Vashi Wadhwani Westline Productions Mr. Cornel A. Williams, 1982 Dr. Utha O. Williams, 1982 UVI Supporters ($100 + $199) A & R Transportation Corp. Ms. Velma A. Abramsen, 1992 Dr. Aletha Baumann Mrs. Claudia M. Belle, 1989 Miss Ilva F. Benjamin Dr. Eleanor R. Blyden, 1987 Ms. Shirley Blyden, 2007 Ms. Lou Ellen Brown Ms. Marie-Louise E. Burnett, 1974 Hugo V. Caesar, M.D. P.C. Andrew L. Capdeville, Esq. Mrs. Winifred N. Carrington, 1981 Mrs. Denise R. Carty, 2007 Central Air Inc. Challenger’s Transport Ms. Jacqueline L. Cills, 1998 Coca-Cola Bottling Co. of the Virgin Islands Mr. and Mrs. Robert B. Cockayne Mrs. Valerie A. Delemos, 1982 Dr. William H. DeLone Mr. Alberto M. Donastorg, Sr., 1974 El Patio Flower and Gift Shop Equinox Restaurant Ms. Nanyamka A. Farrelly, 2006 Mrs. Magda E. Finch 1969 and Mr. Earl Finch Ms. E. Maria Fleming, 2005 Mr. Isborne Fredericks, 1979 Mr. Anthony Garcia, 1982 Mrs. Ilene Garner Mrs. Judith M. George, 1972 Mrs. Yvonne Gibbons, 1975 Mr. Erland J. Gjessing Mr. Brent Gumbs, 1996 Mrs. Patsy Delaire Guthrie, 2006 Ms. Janine M. Hector Mrs. Dianne E. Henderson, 1969 Attorney Emile A. Henderson III Mrs. Iselyne Hennessey, 1989 Mrs. Sonia D. Spencer-Henry, 1985 Mrs. Laurel Hewitt-Sewer, 1974 Mr. and Mrs. Anselmo R. Heyliger Ms. Darlene E. Hill, 2000 Miss Elisa G. Hodge, 1995 Dr. Herbert A. Hoover Mrs. Eula J. Castleberry-Hymes, 1986 Mrs. Janet C. Francis-James, 1989 Ms. Antoinette J. Johnson Mr. Cecil E. Johnson, 1977 Dr. and Mrs. Howard L. Jones Ms. Florinell Joseph Mrs. Hilda L. Joyce Miss Beryl E. Kean Mr. and Mrs. Glenn B. Kelly Leon A. Kendall, Esq. Kotas & Hogroian PC Ruby J. E. Lake, D.D.S., 1972 Mrs. Florence T. Langford, 1989 Ms. Shirley H. Lincoln Ms. Loretta V. Lloyd, 1991 Dr. and Mrs. Bradford E. Marshall Mrs. Judith A. Molyneaux, 1984 Ms. Yvonne E. Moolenaar Dr. Al Hassan I. Musah Mr. Stephen Neal Ms. Iris M. O’Donoghue, 1981 Mr. Pablo O’Neill and Mrs. Nieves E. O’Neill, 1993 Ms. Ina Parrott Petite Pump Room Mr. and Mrs. Elroy A. Pickering Mrs. Genevieve Plunkett, 1981 Mrs. Rachel H. Rasmussen, 1998 Red Hook Family Practice, P.C. Ms. Yvonne C. Rivera Mr. Charles E. Rogers, 1972 Ms. Judith V. Rogers Mr. Lynch L. Rogers, 1970 Rev. Canon and Mrs. Lionel S. Rymer, 1988 Ms. Naita L. Salmon Mr. Vincent Samuel, 1983 Mr. Alric Simmonds Ms. Delia H. Simmonds C. Warren Smith, M.D. Ms. Judith P. Smith, 1994 Mrs. Muriel M. Smith, 1987 Ms. Viola E. Smith Mr. William E. Smith, 1982 Mr. Winston E. Smith, 1990 Ms. Michelle Smitherman Major John L. Steward, 1989 Mr. and Mrs. Gary Surdyke Tage St. John, Inc. The Reverend Dr. Bentley Thomas, 1990 Mr. Sheldon A. Turnbull, 1992 Mr. and Mrs. Leal I. Van Beverhoudt Mr. Steven Van Beverhoudt, 1979 Mrs. Clarice Vialet VIP Commodore Yachting, LLC Ms. Terese H. Walton Dr. Lawrence C. Wanlass Mrs. Judith Ann Watson Ms. Lisa V. Webster, 1999 Wyeth Associates Circle ($1 - $99) The Reverend Richard Abbott Ronald L. Anders, M.D. Anonymous Mr. and Mrs. Thomas Archibald Mrs. Ingrid M. Ayala-Thomas, 1986 Dr. Adelle V. Belle-Barry, 1972 Ms. Jizelle Benjamin Ms. Helene Berkowitz Mr. Barrymore S. Berley, 2000 Ms. Murielle Braure Ms. Rosella Brown Mrs. Marion O’Reilly Byron, 1991 Caribbean Healthways Ms. Astrid M. Carmona Mr. Leroy A. Claxton Sr., 1985 Ms. Florence Clercent, 2006 Cost U Less - St. Thomas The Honorable Roosevelt S. David, 1990 Ms. Alicia O. Donadelle Mrs. Karel K. Dore, 2001 Dr. Kathleen Dudemaine Mrs. Judy Lynn King-Edmeade, 1998 Michael Enloe, D.D.S. Ms. Mary L. Estephane, 1987 Mrs. Frauke Feddersen Ms. Linelle I. Fonseca, 1987 Mr. Michael Fowler Mrs. Jasmine D. French Thomas, 1999 Ms. Holly Gayadeen Mr. Rhudel A. George, 1975 Mr. Rickie George, 1995 Mrs. Maritza L. Sebastien-Godwin, 1974 Mrs. Everine Turnbull Hazell, 1998 Mr. Derick A. Hendricks, 1993 Mr. Dewitt Henley Ms. Joy-Ann C. Henry Ms. Claudette A. Heyliger, 1977 Ms. Denise D. Huntt Dr. Ededet Iniama Mr. and Mrs. Manuel James Mr. Dan A. Jean-Baptiste, 1986 Ms. Althelia O. Johnson Mr. Duane W. Johnson, 2002 Ms. Tina M. Koopmans Ms. Jacqueline A. Kowalski, 2004 Dr. Gregory R. LaMotta Mr. Erik J. Lawaetz Mrs. Pearl M. Wells-Lescott, 1990 Lillian’s Caribbean Grill Ms. Marysharon Marin, 1985 Mrs. Mauvette A. Matthew-Fox, 2004 Ms. Muriel A. McClean, 1997 Ms. Janice T. Melchoir Ms. Margaret V. P. Moore Mr. John Munro Mr. Keithroy Nanton, 1985 and Mrs. Romelia Nanton, 1983 Ms. Merle J. Natta The Honorable Terrence Nelson Mrs. Eileen A. Nisbett, 1993 Sunday I. Odezah, Ph.D. Ms. Narda C. Petty, 2004 Dr. and Mrs. Dion E. Phillips Mrs. Joan E. Phillips, 1987 Pizzeria Amore Pricesmart Pueblo International Reichhold Center for the Arts Dr. Patricia Rhymer Todman Ms. Jeanne Richards Ms. Yvonne A. Richardson, 1996 Nixon K. Roberts, D.D.S. Shangrila Spa Mrs. Doris H. T. Smith, 1991 Hosanna Solomon, Ph.D. Mr. Recaldo Somersall Ms. Susan Richman Spigelman Mr. Walter Spigelman Mr. Brian Squires Mrs. Clara I. St. Rose, 1987 Mrs. Brenda M. Sydney, 1994 Ms. Alana C. Thomas Karen C. Thurland, Ph.D. Dr. Thomas Unger Mr. Arnold E. Van Beverhoudt, Jr., 1971 Victor’s New Hideout Ms. Wendy Y. Wheeler, 2005 The Honorable and Mrs. Celestino A. White, Sr. Mrs. Nicole L. Wilkinson, 2003 Mr. Carl A. Williams, Jr., 1981 Mr. Chester R. Williams, 1984 Donor List Grant Activity 17 UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 $17,147,389 $24,765,265 $16,106,036 FY 2003 FY 2004 FY 2005 Combined Awards Federal Local $20,000,000 $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $6,000,000 $2,000,000 $8,000,000 $4,000,000 $0 $13,093,883 $16,443,244 $15,640,611 FY 2003 FY 2004 FY 2005 Federal Grants and Contracts Federal $10,000,000 $9,000,000 $8,000,000 $7,000,000 $6,000,000 $5,000,000 $3,000,000 $1,000,000 $4,000,000 $2,000,000 $0 $4,053,506 $8,322,021 $465,425 FY 2003 FY 2004 FY 2005 Local Grants and Contracts Local Federal FY 2004 FY 2005 FY 2006 $16,443,244 $15,640,611 $14,770,849 Local FY 2004 FY 2005 FY 2006 $8,322,021 $465,425 $2,457,568 Total FY 2004 FY 2005 FY 2006 $24,765,265 $16,106,036 $17,228,417 Federal FY 2004 FY 2005 FY 2006 $16,443,244 $15,640,611 $14,770,849 Local FY 2004 FY 2005 FY 2006 $8,322,021 $465,425 $2,457,568 Financial Report UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report Revenues Operating revenues: Tuition and fees (net of scholarship allowances of $315,642 in 2006 and $282,025 in 2005) $ 9,915,757 Federal grants and contracts 14,977,612 State grants and contracts 1,814,275 Auxiliary enterprises 3,678,010 Reichhold Center 1,095,011 Other operating revenues 264,494 Total operating revenues 31,745,159 Expenses Salaries: Faculty 8,362,486 Exempt staff 10,563,976 Nonexempt wages 6,761,631 Benefits 8,278,992 Scholarships and other services 4,522,592 Utilities 2,809,014 Supplies and other services 19,993,915 Depreciation 1,742,444 Other expenses 866,793 Total operating expenses 63,841,843 Operating (loss) income (32,096,684) Nonoperating revenues (expenses): Local government appropriations 27,055,077 Gifts 369,093 Net investment income 2,808,461 Interest on indebtedness (2,025,464) Net operating revenues 28,207,167 Loss before capital appropriations (3,889,517) Capital appropriations 3,192,205 Decrease in net assets (697,312) Net Assets Beginning of the year 67,313,795 End of the year $ 66,616,483 Audited Financial Statement University of the Virgin Islands Statement of Revenues, Expenses & Changes in Assets September 30, 2006 Financial Report UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report Assets Current assets: Cash and cash equivalents $ 12,704,140 Investments with bond trustees at fair value 13,441,678 Investments at fair value 87,048 Receivables, net of allowance of $695,432 7,949,265 Current portion of note receivable 400,000 Inventories 750,145 Prepaid expenses and other assets 3,694,978 Total current assets 39,027,254 Noncurrent assets: Restricted cash and cash equivalents 14,875,610 Investments at fair value 25,598,280 Notes receivable, less current portion 714,824 Capital assets, net 44,516,822 Other assets 752,056 Total noncurrent assets 85,742,768 Total assets $ 124,770,022 Liabilities Current liabilities: Accounts payable and accrued liabilities $ 10,373,041 Deferred revenue 2,817,729 Current portion of long-term debt 659,061 Total current liabilities 13,849,831 Noncurrent liabilities: Long-term debt 44,259,308 Other long-term liabilities 44,400 Total noncurrent liabilities 44,303,708 Total liabilities $ 58,153,539 Net assets Invested in capital assets, net of related debt $ 21,941,678 Restricted, nonexpendable: Scholarships and fellowships 7,556,541 Restricted, expendable 28,823,345 Unrestricted 8,294,919 Total net assets $ 66,616,483 Audited Financial Statement University of the Virgin Islands Statement of Net Assets September 30, 2006 President’s Cabinet UNIVERSITY OF THE VIRGIN ISLANDS 2005-2006 President’s Report Joseph B. Boschulte, M.B.A Vice President for Institutional Advancement John A. D’Orazio, M.Ed Campus Executive Administrator, St. Thomas Tina M. Koopmans, M.A. Vice President of Information Technology and Learning Resources Al Hasan I. Musah, Ph.D. Provost and Professor of Biology Vincent Samuel, M.B.A. Acting Vice President for Administration & Finance Deborah C. Fontaine, Ph.D. Special Assistant to the President Henry H. Smith, Ph.D., J.D. Vice Provost, Research & Public Service LaVerne E. Ragster, Ph.D. President Runners share war stories )ollowin* the annual ’ueen dary Wi*hway 5/ $alkhRun durin* the Uni7ersity’s Charter $eek anni7ersary in darch 2006 on the St Croi9 campus University of the Virgin Islands U2 John Brewer’s Bay St. Thomas, VI 00802-9990