Institutionally Related Foundations: Supporting Public Colleges and Universities Through Real Property Development

Date:

February 29, 2012

Public colleges and universities are increasingly turning to their affiliated foundations to finance and develop dormitories, academic buildings, and other real property in support of research or commercial activities. Such entrepreneurial ventures provide important strategic and financial benefits for the host institution, but can pose serious challenges for foundations.

This interactive workshop will address how foundations can support their institutions by acquiring and developing real property. The session will cover the important issues foundation boards need to consider before undertaking real estate projects and best practices in oversight and management. Roundtable luncheon discussions provide an opportunity to tap the experience of other foundation chief executives and board members involved in real estate work.

Topics include:

· Advantages of engaging foundations in real property development

· Financing models

· Legal issues

· Foundation staffing and volunteer leadership capacity

· Case study: Eagle Village mixed use development including student housing, hotel, and retail

· Case study: Virginia Tech Research Center

· Common challenges and pitfalls

Download agenda here.

Discussion Leaders

David Bass, director of foundation programs and research, AGB
Raymond D. Smoot Jr., chief executive officer, Virginia Tech Foundation
Jeff W. Rountree, chief executive officer, University of Mary Washington Foundation, and president, Eagle Property Holdings, LLC.
Kathleen Shepherd Mehfoud, chair, University of Mary Washington Foundation
Kevin Sullivan, associate vice president for administration and general counsel, Virginia Tech Foundation

The workshop will take place from 10:00 a.m. -2:30 p.m. at the newly completed Virginia Tech Research Center, just outside Washington, DC, at 900 North Glebe Road in Arlington, Virginia. The meeting will be $120 for AGB members and $150 for non-members. Lunch will be provided.

Directions to the center are online at: http://www.ncr.vt.edu/Arlington/Directions.html

Registration Information

Registration Information:

Refund policy:
All cancellations and requests for refunds must be submitted in writing. AGB will issue a full refund if written notification of cancellation is postmarked by February 17, 2012. AGB is unable to issue refunds for attendees who cancel after this date. If you are unable to attend, a substitute is welcome in your place at no additional charge. AGB will issue refunds after the meeting. AGB is not responsible for any cancellation/change charges assessed by airlines, travel agents, or hotels.

Registration Price:

$120

Registration Price (Non Member):

$150

Institutionally Related Foundations: Supporting Public Colleges and Universities Through Real Property Development

Internet explorer 6

Resources by:

Trusteeship Magazine

Receive E-mail from AGB