SOE News

Foundation Board adds new members

Dean Thomas James has announced the appointment of five new members of the School of Education’s Foundation Board. The group met in Chapel Hill on April 27, 2006.

The new members are:

  • Oliver Wendell “Al” Alphin (B.S.B.A. ’58, J.D. ’61) of Surf City, N.C., an attorney and investor with Moore & Alphin in Raleigh;
  • Marjorie Bryan Buckley (A.B.Ed. ’62), a volunteer from Bethlehem, Pa., who was instrumental in founding both the N.C. Outward Bound School and the UNC-based Carolina Center for Public Service;
  • Richard Lee Furr (B.S.B.A. ’71), president and chief executive officer of the Carolinas Banking Group, SunTrust Bank Inc., in Durham, N.C.;
  • Dr. Musette Sprunt Morgan (A.B.Ed. ’76) of Memphis, Tenn., who holds a doctoral degree in education and is a former member of the Tennessee State Board of Education; and
  • Dr. Malbert Smith III (M.Ed. ’77, Ph.D. ’80), president and chief executive officer of MetaMetrics Inc. in Durham, N.C.

“This group of new board members brings a wealth of experience as well as a commitment to the mission of our School,” James said. “These individuals represent a broad range of skills and expertise, knowledge of and commitment to the issues facing public education today and loyalty to the University of North Carolina. I look forward to their active involvement.” 

The primary responsibilities of the Foundation Board are to advise the dean in strategic planning of the School’s investments and to assist in strengthening the School’s financial base by helping to secure private contributions for support of scholarships, fellowships, professorships and priority initiatives. A key responsibility of the Foundation Board is to oversee the management and disbursement of the endowment and trust funds of the Foundation.  All endowment assets are invested through the University of North Carolina Management Co. Inc. 

“State funds and tuition pay only part of the costs to recruit and retain the best faculty and support the unique programs that are the hallmarks of the School of Education,” said Wendy Gratz Borman, assistant dean for external relations. “The endowment of the School, created by our alumni and friends, is a significant resource that sustains extraordinary opportunities for students and faculty.  It is a cherished asset that must be handled with great care.”