University Foundation-Manitowoc and UW-Green Bay Foundation to merge | Insight
GREEN BAY—The University Foundation-Manitowoc Inc., formerly known as the UW-Manitowoc Foundation, a philanthropic society of individuals dedicated to supporting public higher education in Manitowoc County, is combining forces with the UW-Green Bay Foundation to create efficiencies and eliminate duplication of fiduciary duties.
The two groups determined that the focus needs to be on growing the number of college degree earners in the region to retain and attract employers in today’s fast-paced changing economy. The college degree attainment rate in the region is 26% compared to 33% nationally.
“The Manitowoc Campus is one of four access points and is critical to our mission to reach students who seek educational opportunities close to home,” says University Chancellor Michael Alexander. “Today’s students seek a combination of learning modalities, and with several years of annual growth at the Manitowoc Campus we are building momentum for expanded educational opportunities for the region.”
Donors to the University Foundation-Manitowoc will see little change in how their support benefits public higher education.
“Donors can still support important programs offered by the University, the only difference is that gifts will flow through the UW-Green Bay Foundation,” according to UW-Green Bay Foundation President Tony Werner. “Gifts can be restricted for use at the UW-Green Bay, Manitowoc Campus and donor intent on existing endowed funds will be honored. Philanthropic support for public universities is on the rise nationally as state support continues to decline, and we are experiencing the same trend here in Wisconsin.”