Acacia Fraternity Foundation 2011-12 Annual Report
Download the full 2011-12 Annual Report (3.8 MB PDF)
Highlights for the Year
The 2011-12 year brought new changes to the leadership of the Acacia Fraternity Foundation. Serving over a decade of leadership as president of the AFF, Brother William A. Utic, Cornell ’74 stepped down. Under Bill’s outstanding leadership, the Foundation has assisted numerous local corporation boards with housing upgrades, overseen the ever-expanding scholarship program, provided unwavering support to Cornerstones, and has aided the Fraternity’s operations, lessening the burden on undergraduates’ dues and fees.
Elected as president at the 2011 meeting in Bloomington, Indiana is William M. Riley, Jr., Kansas State ’60. A director since 2006, Brother Riley brings a wealth of association and foundation skill to the Board. Bill retired as president of the Kansas 4-H Foundation in 2005.
Recognizing the growing efforts of the Foundation to support Acacia internationally and at the chapter level, the AFF Directors appointed a full-time professional to lead daily operations and development efforts. With over 25 years of service as the Executive Director of the Fraternity, Darold W. Larson, Washington State ’81 was appointed by the Directors and began his new position on October 1, 2011.
Facts & Figures
The Foundation received over $323,630 from 1,178 donations to support the Fraternity and its chapters during the past fiscal year ending June 30, 2012 and at year-end has assets of approximately $2.1 million.
The Foundation received over $53,596 in contributions in unrestricted gifts, $53,817 for the Annual Fund and $22,700 to support the annual Acacia Leadership Academy. An additional $193,515 was contributed for chapter and scholarship accounts during the past fiscal year.
The Foundation awarded a record number of scholarships in the fiscal year with over $121,756 in scholarships to undergraduate Acacians, provided $241,601 in educational grants and other support to the Fraternity, and distributed $200,694 in educational grants to chapters.