Transcription
THE SANDRA C. DAVIS ANDWILLIAM C. DAVIS LEGACY
THE SANDRA C. DAVIS ANDWILLIAM C. DAVIS LEGACYTHE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYFpassion for the Radford family and inspire the nextgeneration of Highlanders.OR MANY YEARS, SANDRA C. DAVISAND WILLIAM C. DAVIS have served asunwavering champions and tireless supportersof Radford University, thereby creating endlessopportunities for students and enhancing theenvironment in which they live, learn and work. Theexemplary leadership and selfless contributions of Sandyand Jack have forever made a mark on the Radfordfamily. Thus, it is with deep appreciation that RadfordUniversity invites Sandy and Jack Davis to establishthe Sandra C. Davis and William C. Davis EndowedScholarship in support of current and future Highlandersby respectfully requesting a gift of 8 million, resulting inthe naming of the Sandra C. Davis and William C. DavisCollege of Business and Economics and the SandraC. Davis and William C. Davis Performance Hall in theDouglas and Beatrice Covington Center for Visual andPerforming Arts. Both of these actions will etch thelegendary names of Sandra C. Davis and William C. Davisin the history of Radford University, forever serving asa symbol of your enduring commitment to and limitlessWith a gift of 8 million, through a cash gift of 4million with the option to transfer stocks and payableover seven years, and an estate gift of 4 millionpayable through your estate per a survivorship policy asdetailed in will and/or estate plans, Radford Universitywill establish the Sandra C. Davis and William C. DavisEndowed Scholarship, generating an amount to bedetermined subject to percentage rates, estimatedat 320,000 annually once fully funded, to providescholarships for high-achieving students who studyin the Sandra C. Davis and William C. Davis College ofBusiness and Economics and the College of Visual andPerforming Arts. The estate gift will be irrevocable inorder to publicly announce the naming of the SandraC. Davis and William C. Davis College of Business andEconomics and the Sandra C. Davis and William C. DavisPerformance Hall in the Covington Center.1
THE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYTHE PROGRAMPROGRAMPURPOSERadford University is a great place tobe a scholar, to pursue personal andprofessional dreams — and RadfordUniversity believes that all students,especially those with great academicpromise, deserve access to highereducation. Unfortunately, attendingcollege is a financial burden formany students and their families andimpossible for some. By expandingmerit-based scholarships throughthe Sandra C. Davis and William C.Davis Endowed Scholarship Fund,Radford University can recruit, retainand graduate highly competitive,deserving students by assisting withthe costs of a high-quality educationin a university setting.2THE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYPROGRAM CONCEPTSubject to annual percentagerates, the annual income from theSandra C. Davis and William C.Davis Endowed Scholarship Fundwill provide academic scholarshipawards to Davis Scholars of 4,000per year or 2,000 per semester.The awards would be exclusivelyprovided to incoming freshmanand transfer students studyingin Radford University’s Sandra C.Davis and William C. Davis Collegeof Business and Economics and theCollege of Visual and PerformingArts. The scholarship awards shall beallocated between the two collegesutilizing the following calculation:two-thirds to the Sandra C. andWilliam C. Davis College of Businessand Economics and one-third to theCollege of Visual and PerformingArts. Scholarships shall be awardedconsistent with the calculation. DavisScholars must be enrolled full-timeat Radford University, be residents ofthe Commonwealth of Virginia andpossess a 3.5 high school GPA orcollege transfer GPA.Radford University students with a3.75 GPA or higher in their collegecoursework can be extended foradditional semesters. In the firstyear of implementation, a total offive Davis Scholars will be selectedto receive scholarship awards. Oncefully implemented, it is anticipatedthat there will be 80 Davis Scholarseach academic year.Awards will be renewable and canprovide scholarship funding for atotal of two full academic yearsor four semesters; therefore, thenumber of new scholarships availableeach year will be dependent uponthe number of scholarship renewalsin any given year. To be eligible fora renewal following the first two fullacademic years or four semesters,3
THE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYTHE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYPROGRAM CONTRIBUTIONTotalYear 1Year 2Year 3Year 4Year 5Year 6Year 7Cash Pledge 4,000,000N/AN/AN/AN/AN/AN/AN/AAnnual CashContribution(PledgePayment)— 550,000 575,000 575,000 575,000 575,000 575,000 575,000Estate Gift 4,000,000———————CumulativeGift 8,000,000 550,000 1,125,000 1,700,000 2,275,000 2,850,000 3,425,000 4,000,000PROGRAM BUDGETEstimatedScholarship FundsEstimatedScholarships(Includes New andRenewable Awards)TotalYear 1Year 2Year 3Year 4Year 5Year 6Year 7 320,000 22,000 45,000 68,000 91,000 114,000 137,000 160,0008051117NOTE: Program budget is estimated based on 4 percent annual endowment income.4222834SCHOLARSHIP ALLOCATIONTotalYear 1Year 2Year 3Year 4Year 5Year 6Year 7Sandra C. Davis andWilliam C. DavisCollege of Businessand Economics(Estimated DavisScholars)53371114182226College of Visual andPerforming Arts(Estimated DavisScholars)272468101214Total EstimatedDavis Scholars80511172228344040NOTE: Scholarship allocation is estimated based on 4 percent annual endowment income. The allocation is calculated as two-thirds to theSandra C. and William C. Davis College of Business and Economics and one-third to the College of Visual and Performing Arts. Scholarships shall beawarded consistent with the calculation.5
THE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYTHE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYTHE SANDRA C. DAVISAND WILLIAM C. DAVISCOLLEGE OF BUSINESSAND ECONOMICS AT RADFORDUNIVERSITY was founded in1978 as the School of Business andProfessional Studies. The Sandra C.Davis and William C. Davis Collegeof Business and Economics, to bereferred to as the Davis Collegeof Business and Economics, hasgrown substantially over the yearsby increasing its course offeringsand degree programs and addingoutreach centers. The graduate andundergraduate programs in businessadministration offered by the DavisCollege of Business and Economicsat Radford University are accreditedby the Association to AdvanceCollegiate Schools of Business(AACSB).ABOUT THESANDRA C. DAVIS ANDWILLIAM C. DAVISCOLLEGE OF BUSINESSAND ECONOMICS6The Davis College of Business andEconomics offers five B.B.A. degrees,one B.S. degree, an MBA degree andeight minors.BACHELOR OF BUSINESSADMINISTRATION (B.B.A.)DEGREES Accounting Economics Finance Management MarketingBACHELOR OF SCIENCE (B.S.)DEGREEEconomics (internationalconcentration is offered)MBA DEGREEThe Master of BusinessAdministration degree is availableas a full-time program and aprofessional program. The full-timeprogram is the next step forgraduates who have limited workexperience and want to broadentheir professional skills, while ourprofessional program is designedwith flexibility in mind to meet theneeds of working professionalswho would like to enhance theircareer success.MINORSThe Davis College of Businessand Economics offers eight minorprograms, in accounting; businessadministration; economics;entrepreneurship; finance;management; marketing; and realestate and insurance.In May 2010, Radford Universitybroke ground on a 44 million,110,000 square-foot state-ofthe-art building, which opened infall 2012 and serves as home tothe Davis College of Business andEconomics. The building, which isnamed in recognition of Radford7University’s sixth president, PenelopeW. Kyle, includes auditorium-styleclassrooms, conference roomsand gathering spaces designedto stimulate collaboration andteamwork. It also features thelatest in educational technologyand financial research capabilities,including a “trading room.” Inkeeping with Radford University’scommitment to sustainability,the building has been awardedLeadership in Energy andEnvironmental Design (LEED)Gold designation.In addition to the delivery ofworld-class programs and beinghome to specialized centers, theDavis College of Business andEconomics provides students,faculty and alumni with one-of-akind experiences through a BusinessBoot Camp; Innovation Contest;Fellows Programs; Student ManagedInvestment Portfolio Organization(SMIPO); and Beta Gamma Sigma,a national business honor societydesigned to promote scholarship,advancement of education inbusiness and integrity in the conductof business operations. The DavisCollege of Business and Economicsis also home to a host of studentand faculty-based classroom andexperiential learning opportunities.
“Donor support enables students like me to focusmore on our classes than the stress of paying fortuition, books and living expenses. It puts us in aposition to accomplish the first step towards ourcareer goals, obtaining an undergraduate degree.”— BRADLEE ROGERS ’17, ACCOUNTING MAJOR
THE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYTHE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYTHE SANDRA C. DAVISAND WILLIAM C. DAVISPERFORMANCE HALL ISLOCATED IN THE COVINGTONCENTER, a state-of-the-artperforming and rehearsal facilitythat opened in January 2009.To be referred to as the DavisPerformance Hall, the extraordinary350-seat facility serves as theDepartment of Music’s primaryperformance venue and housestwo beautiful Steinway concertgrand pianos in accordance withRadford University’s designation asan “All Steinway School.” The DavisPerformance Hall features stateof-the-art adjustable acoustics tomeet the needs ranging from soloperformers to choral ensembles,full symphonic band, orchestra, jazzensembles or any artistic situation.Designed by acoustic architectsJaffe and Holden, it utilizes the sametechnology as the Zankel Recital Hallat Carnegie Hall in New York City.The Davis Performance Hall alsohouses a recording studio capable ofreproducing performances with thehighest audio and video quality.ABOUT THESANDRA C. DAVIS ANDWILLIAM C. DAVISPERFORMANCE HALL1011
THE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYRICH HERITAGEOF EXCELLENCERadford University is a comprehensive publicuniversity of more than 9,400 students thathas received national recognition for many of itsundergraduate and graduate academic programs, aswell as its sustainability initiatives. Radford Universitywas founded by the Virginia General Assembly in the springof 1910. The State Normal and Industrial School for Women atRadford grew out of a late 19th-century effort to expand Virginia’spublic school system and prepare a sufficient number of teachers.The Radford University of today offers students many opportunities to get involved and succeedinside and outside of the classroom. The University offers 67 degree programs in 38 disciplines andfive certificates at the undergraduate level; 22 master’s programs in 17 disciplines and three doctoralprograms at the graduate level; 11 post-baccalaureate certificates and one post-master’s certificate. ADivision I member of the NCAA and Big South Athletic Conference, Radford University competes in 16men’s and women’s varsity sports. With over 270 clubs and organizations, Radford University offersmany opportunities for student engagement, leadership development and community service.12THE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYPROVEN RECORD OF SUCCESSRadford University is where studentsfind their academic passion and seta course for their professional lives.Alumni consistently say that RadfordUniversity provided them theopportunities to reach beyond whatthey thought possible, push theiracademic limits and be innovativein collaboration with their facultymentors. They say the reason behindtheir success is Radford University,especially citing their strongrelationships with faculty and thementorship that they are provided.The University will continueto build upon its outstandingaccomplishments and limitlessenthusiasm for its bold andpromising future as it transformsinto an innovative, premier universityin the Commonwealth of Virginiaand beyond, with a keen focus onteaching, research and service.Radford University has enhancedits living and learning environmentsthrough extensive renovation andnew construction. In 2008, theDouglas and Beatrice CovingtonCenter for Visual and PerformingArts opened. In 2012, the Collegeof Business and Economics openedKyle Hall, which features the latesttechnological and financial researchcapabilities. In the spring of 2016, theCenter for the Sciences welcomedits first classes in the building’s13state-of-the art laboratories andclassrooms. Beginning the fall of2016, the College of Humanities andBehavioral Sciences is housed underone roof in the largest and newestacademic building on campus.Radford University is committedto educating the whole student,both inside and outside theclassroom. In 2014, the StudentRecreation and Wellness Centeropened to provide additionalspace for wellness and recreationopportunities. This new facility hasbecome a popular destination formany health-minded students.
THE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYTHE SANDRA C. DAVIS AND WILLIAM C. DAVIS LEGACYA CLOSING WORDTRANSFORMATION TO SERVE THECOMMONWEALTH AND BEYONDRadford University serves theCommonwealth of Virginia and thenation through a wide range ofacademic, cultural, human serviceand research programs. First andforemost, the University emphasizesinnovative approaches to teachingand learning in its commitmentto the development of mature,responsible, well-educated citizens.Radford University developsstudents’ creative and criticalthinking skills, teaches students toanalyze problems and implementsolutions, helps students discovertheir leadership styles and fosterstheir growth as leaders. Toward14these ends, the University is studentfocused and promotes a sense ofcaring and meaningful interactionamong all community members.Research is viewed as a vitalcorollary to the teaching andlearning transaction, as it sustainsand enhances the ability to teacheffectively. The University believesin the dynamics of change andmaintains a strong commitment tocontinuous review, evaluation andimprovement of the curriculum andall aspects of the University to staycurrent with the evolving needs ofour society.Radford University is forever gratefulfor your dedicated efforts andongoing support to advance theUniversity. Both of you have givenof your time, talent and treasure tocreate opportunities for Radfordstudents of today and tomorrow.With a cash gift or stock transfer of 4 million, payable over seven years,and an estate gift of 4 million,payable through your estate peryour survivorship policy as detailedin your will and/or your estateplans, Radford University will namethe Sandra C. Davis and WilliamC. Davis College of Business andEconomics, establish the SandraC. Davis and William C. DavisEndowed Scholarship and namethe Sandra C. Davis and WilliamC. Davis Performance Hall in theCovington Center. In perpetuity, theCollege of Business and Economicsand the Performance Hall will bearthe distinguished names of SandraC. Davis and William C. Davis inhonor of their outstanding legacy ofleadership and service in the NewRiver and Roanoke valleys, as well asthe Commonwealth of Virginia.15
BE THEREASONTHE SANDRA C. DAVIS ANDWILLIAM C. DAVIS LEGACY
THE SANDRA C. DAVIS ANDWILLIAM C. DAVIS LEGACY
undergraduate programs in business administration offered by the Davis College of Business and Economics at Radford University are accredited by the Association to Advance Collegiate Schools of Business (AACSB). The Davis College of Business and Economics offers five B.B.A. degrees, one B.S. degree, an MBA degree and eight minors.
