THE USAFA ENDOWMENT

1. THE USAFA ENDOWMENT • The singular purpose of the Endowment is to provide Transformative private support to the Air Force Academy • We are Guided by Our Founding Principles • No fees or deductions: donations are used exclusively for their stated charitable intent • Stable and independent Board: Allows for careful stewardship of gifts over time, from donor to donors • Positive and supportive approach to the Academy and AOG • Full transparency with complete audit and donor visiblity – made possible by “no fees” approach • Support determined by strategic priorities of USAFA, to include: • - Character & leadership development • - Academics • - Athletics

2. THE USAFA ENDOWMENT • Board of Directors • A. Bart Holaday, ’65, Chairman • Dr. Ervin J. Rokke, ’62, President • Robert P. Barnes, ’67 • Brig. Gen. (Ret.) Mark G. Beesley, ’75 • George W. Burch, ’59 • Terrance M. Drabant, ’65 • John M. Fox, ’63 • Timothy J. Fyda, ’79 • The Honorable Frederick D. Gregory, ’64 • Max F. James, ’64 • Dr. Paul G. Kaminski, ’64 • Scott Kirby, ’89 • Jack N. Kucera, ’78 • Edward E. Legasey, ’67 • Jerrold T. Lundquist, ’71 • Paul S. Madera, ’78 • John W. Martin, ’69 William W. Maywhort, ’68 Richard D. McConn, ’66 Gilbert D. Mook, ’67 Harry J. Pearce, ’64 Terrence L. Petrzelka, ’70 Charles E. Phillips, Jr, ’81 Gregg C. Popovich, ’70 Gen. (Ret.) Michael E. Ryan, ’65 Brig. Gen. (Ret.) Harvey W. Schiller Richard T. Schlosberg, III, ’65 Col. (Ret.) James A. Shaw, ’67 William H. Simpson, ’63 William E. Wecker, ’63 F. Keith Withycombe, ’66 The Honorable Michael W. Wynne Gen. (Ret.) Ronald W. Yates, ’60 R. David Yost, ’69

3. HOLADAY ATHLETIC CENTER

4. HOLADAY ATHLETIC CENTER • First Major Undertaking of New Foundation • Part of larger effort of changing the culture of giving at the Academy • Crucial to recruiting cadet athletes who can succeed as USAF officers • Dramatically increases amount of indoor space for all cadets • $16 M Capital Project, Largest in USAFA History • Currently Funded to $15.2 M (includes Stapleton gift) • Project includes largest gift ever from graduate • Groundbreaking Scheduled for June 23, 2010

5. EISENHOWER CENTER • Research Center within the USAFA Department of Political Science • Founded 2005 • - Establish an intellectual foundation for space policy • - Integrate space policy into context of defense and national security policy • - Bring together cadets & faculty with US & international leaders & scholars to • understand dynamic 21st century security environment • Recognized leader in teaching and research in space policy • Develop new generations of military professionals who are: • - Intellectually agile and attuned to the political context of warfare • - Alert to new and rapidly changing security domains • - Ready to lead an Air Force facing unforeseeable challenges, opportunities

6. SCOWCROFT PROFESSORSHIP • Resident in the Eisenhower Center for Space and Defense Studies • - Established 2008 – filled beginning December 2009 • - Named in honor of Lt General Brent Scowcroft (USAF-retired) • Legacy of professionalism, integrity, critical intellect – deep understanding of the • political and constitutional context of the profession of arms • 1964: served as Head, USAFA Department of Political Science • Filled by a scholar of national reputation who combines academic • achievement & experience in government • Provide two full semesters of teaching each year. • Guide the development of defense and national security studies • Design new courses • Publish new textbook on American Defense Policy • Support activities and workshops of the Eisenhower Center • Facilitate enhanced internship and research opportunities for cadets • - Mentor cadets preparing to compete for prestigious national scholarships

7. SCOWCROFT PROFESSOR • Academic Achievement • - D.Phil., Oxford University • - MPA, American University • - MA, Fletcher School of Law and Diplomacy, Tufts University • - BS, USAF Academy • - National Security Fellow, JFK School of Government, Harvard University • - Numerous publications, including American Defense Policy (6th edition) • Professional Experience • 26-year USAF career (1971-1997) • Intelligence officer, Southeast Asia & Washington DC • Faculty, USAF Academy Department of Political Science (‘77-’79, ‘82-’86, ’89) • Policy Planner, US Mission to NATO • Senior Advisor, US Delegation to Negotiation on Conventional Forces in Europe • Senior Political-Military Affairs Advisor, US Strategic Command • President & CEO, World Affairs Council of Pittsburgh (1997-2009) • National award-winning educational non-profit organization

8. CURRENT FUNDING • Eisenhower Center totally self-funded • - No financial support from the Academy • - Early earmarks to seed the Center declining & uncertain • - Annual gifts from interested corporate donors • - Additional support on project-by-project basis • Scowcroft Professorship funded through USAFA Endowment • - Gift funds only – not appropriated funds • - Currently year-to-year – no guaranteed sustained funding stream • Dinner – “in honor of and in conversation with Brent Scowcroft” • October 27, 2010 – Willard Hotel, Washington DC • Annual funding targets: • Scowcroft Professorship – $125,000 annually • $2.5 million to sustain • - Other Eisenhower Center Programs – $375,000 annually