The Marshall Foundation has hired a new CEO. His name is Ron Area and he comes to us from Oklahoma State were he was unbelievably successful as a fund raiser. I can't stress enough how important this is.
For those that don't know what the foundation is (or even that it exists), here's a link:
http://www.marshall.edu/foundation/Basically the foundation has become the development arm of the University. They are building the softball field, for example, then gifting it to the school.
They also handle all the investments of gifts, donations, etc. not only for themselves but also for the Big Green and the Alumni Association and everybody else who is raising money around campus.
The reason that the new CEO is so important is that the foundation has been an underused resource for years. They only had one person really soliciting money, they are increasing that to at least four including a planned giving specialist (for things like large estate gifts). Also, for the first time every, the solicitation of gifts will become coordinated. Instead of getting something from the Alumni Assoc, the Big Green, the Foundation, and the Math club big donors, or potential big donors ,will be assigned a rep to coordinate their giving activities so they don't feel like they are always being hounded.
Ron Area will pursue the corporate angle with much more vigor than those before him and he will be successful. He's a sharp guy. I got the opportunity to sit with him for about an hour and I will tell you that he is a huge sports fan. I would look for new boxes to be added to the east side of the stadium within two years (there for the 2009 season). He sees it as a priority not only because it is a money maker (and there is a waiting list) but also because it increases corporate involvement.
Look for great things when it comes to facilities over the next few years for all phases of the school.