UAF: Peggy Shumaker and Joe Usibelli

The View Vast Beyond Us As a poet, Peggy Shumaker looks for telling details. Joe Usibelli does the same as an engineer. Yet, Shumaker observed in a recent poem, such details can crowd out the bigger picture — “the view vast beyond us.” No worries. When it comes to building a good place to live, Shumaker and Usibelli clearly haven’t lost that broader view. “It’s our home,” Usibelli said in 2011 when asked why he and his family contribute so much to Alaska’s communities. “And there are a lot of people in the home who need help, so we help them.” Usibelli, chairman of the Usibelli Coal Mine Inc. board, and Shumaker, a professor emeritus of English at UAF, have made the university one of their focus areas when delivering that help. Shumaker began giving Alaskans insightful lines of poetry decades ago. She started writing as a young child with “spectacularly mismatched” parents in Tucson,...

Financial Summary

The University of Alaska Foundation provides a variety of services to support UA and its campuses in raising private funds. The Foundation manages the Consolidated Endowment Fund totaling $284.9 million, which includes both $157.1 million in Foundation endowments created by gifts from donors over the years, as well as the University’s land grant endowment of $127.8 million. During the 2016 fiscal year, the Foundation received $2.3 million in new endowment gifts and manages a total of 802 individual endowments. The Foundation also manages 772 non-endowed funds that are restricted by donors to specific purposes. The Foundation has a fund to support almost any area of interest at the University. To learn more about how the Foundation distributes funds to benefit the University and to view full financial data, view the 2016 UA Foundation Consolidated Financial...

Message from Leadership

Donors and Friends, The 2016 Annual Report for the University of Alaska Foundation is a testament to your generosity and unwavering support. Each year, we take this opportunity to celebrate your support of the University of Alaska. This year we want to recognize a very special group, those loyal donors who have contributed steadily year, after year, after year. The contributions may be modest or large, to scholarships, student needs or teaching support. Regardless, they all share one trait: consistent support for Alaska’s University. Those we honor here champion education through investment in campuses throughout the University of Alaska system. Some of them have been contributing for decades. We are deeply humbled and grateful for this level of support. This group has a focus on the changing landscape of Alaska’s educational needs with an eye toward the future. In their...