SOE News

Foundation Board meets, oversees funds

The Board of Directors of the School of Education Foundation met in Chapel Hill Sept. 26, 2008, to review the management and disbursement of the School’s gift funds and discuss fundraising goals. In addition, the Board adopted a policy aimed at maximizing the School’s investment earnings.

Interim Dean Jill Fitzgerald, president and chief executive officer of the Board, presided at the meeting. Bill McDiarmid, who will become the School’s new dean effective Jan. 1, 2009, joined the meeting by Skype from Seattle, where he currently serves on the faculty at the University of Washington.

“The Foundation Board oversees the growth and sound stewardship of the School’s endowment and trust funds,” said Musette Morgan, who serves as the Board’s vice president. “Along with this responsibility is the obligation to bring outside support to the School of Education in the form of financial support, counsel and any connections that can help the School.”

“Education is the number one concern with the state and our nation. The need is critical and we must have people to help schools of education because they cannot do it alone,” Morgan continued. “I respect Carolina’s School of Education for opening itself up to the outside and to those who care deeply about education in North Carolina. This is a wise step and a good way for the School to grow.”   

Newly elected directors joining the Board for the first time were:

  • Hulene Hill, a retired certified public accountant and volunteer from Chapel Hill, and
  • Clarence York, an educational consultant specializing in developmental disabilities from New York City.  

They joined five continuing elected directors:

  • Marjorie Buckley, a volunteer from Bethlehem, Pa., who was instrumental in founding both the N.C. Outward Bound School and the Carolina Center for Public Service,
  • Robena “Ben” Hussman, a former businesswoman and advocate for educational reform from Little Rock, Ark.;
  • Harold Kennedy, an attorney and partner with the firm Kennedy, Kennedy, Kennedy & Kennedy in Winston-Salem, N.C.;
  • Musette Morgan, a former member of the Tennessee State Board of Education from Memphis, Tenn., and
  • Malbert Smith, president and chief executive officer of MetaMetrics Inc. in Durham, N.C.     

Five ex-officio members also serve on the Board by virtue of the positions they hold:

The primary responsibilities of the Board of Directors are to serve in an advisory role to the dean regarding 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.

“The work of this group is incredibly important,” Interim Dean Fitzgerald told the members. “We recognize that some of you travel a great distance to participate in these proceedings, and we are extremely appreciative of all that you do to support our School.”  

The Board meets at least twice a year in Chapel Hill.

Anyone interested in learning more about the Board of Directors or being considered for membership is invited to contact Assistant Dean Wendy Gratz Borman at wendy_borman@unc.edu or (919) 843-4536.