Advancing the Institute wentworth president’s report / fiscal year 2015

02 a message from ryan hutchins

03 the campaign for the douglas d. schumann library & learning commons

06 renewable energy leader’s gift makes wentworth a player in an emerging field

08 scholarships strengthen the wentworth learning community

10 thanks to the balfour foundation, the boston pipeline initiative is poised for growth

12 planned giving leaves a lasting legacy

14 president’s circle

16 thanks to donors, wentworth achieves record-breaking annual fund total

18 donor list

22 the corporation

24 summary of financial results

dear friends,Ten years ago, I had the honor of becoming president of Wentworth. Over the past decade, the Institute has been on an upward trajectory. We added eight new undergraduate programs; became a master’s degree-granting institution with five professional graduate degree programs; and Wentworth’s experiential academic focus expanded to include innovation and entrepreneurship. The number of applications has doubled; our enrollment increased to 4,000 students; and our national rankings are rising. The credit for our ability to accomplish all these things can be shared among the Institute’s leadership, faculty, staff, and one other very important constituency: our donors.

This year’s President’s Report turns its spotlight

on the essential support of our many generous

benefactors. While their names have always appeared

in the back of this report, this year we wanted to

bring some of them into the front, as well. In this

report, we discuss a few examples of transformational

gifts we have received in the past year. At the same

time, I must make it clear that each and every

financial contribution—large or small, directed or

unrestricted—is appreciated. Our examples were

chosen not for their denominations but for their

diversity: they support capital projects, scholarships,

and professorships; they come from corporations,

young and established alums, and foundations.

As I said in my inauguration speech back in April

2006, what attracted me most to Wentworth were

our students. Even after 10 years, they continue to

amaze me—their dedication, energy, enthusiasm,

entrepreneurship, and leadership. But the success

of our students would not be possible without the

extraordinary participation of many donors. You

helped us support our students’ access, experience,

and success through scholarships, professorships,

and support for the facilities.

So in this President’s Report, the message is

simple: Thank you. Whatever your affiliation with

Wentworth, whatever your giving history, whatever

your philanthropic priorities, we are honored that

you have shown us your support in the past, and we

hope to enjoy your continued involvement in our

important work in the years to come.

zorica pantic, ee, ph.d. president

p resident ’s l e t ter 1

w ent wor th president ’s rep or t fisc a l y e a r 20 152

→ wentworth received over $14 million in new commitments with $5,718,451 provided in cash

→ the number of alumni and friends giving increased by 24%

→ corporate and foundation contributions rose to $584,219

→ the percentage of students receiving financial aid was 88%

→ named scholarships were awarded to 217 students

Gifts don’t have to be very large to make a very big

difference. For example, as you’ll learn on pages

16–17, this year we had a record-breaking year for

the Wentworth Fund, as 3,284 donors contributed

a total of $1,017,264. On average, that’s just a little

more than $300 per person. All we ever ask anyone

is to give what they can—but to please give.

We rely on donors to strengthen, enrich, and

expand our Five Factors of Career Success;

specifically, Focused Academics (our curricular and

extracurricular programs), Cooperative Learning

(our hands-on practical experience opportunities),

Innovation and Entrepreneurship (including

our Accelerate center), and Collaboration and

Partnerships (see pages 10–11 for an example).

To all who contributed, we thank you. To all

who may contribute in the future, I hope that

the articles in this report make the case for what

Wentworth can achieve with your support.

ryan e. hutchins, cmt ’96, cmc ’98senior vice president and regional manager, gilbane building company and chair, wentworth development committee

dear friends,As a Wentworth alumnus, it is my honor to serve on the Board of Trustees. And as chair of the Board’s Development Committee, I’m proud to report that fiscal year 2015 (FY15) was a very successful year for fundraising. Thanks to all the donors who supported Wentworth in the past year—and who continue to make the Institute a philanthropic priority—we have amassed an enviable list of financial highlights:

the campaign for the douglas d. schumann library & learning commons

Built in 1967, Wentworth’s library has continually taken steps to keep pace with advances in information and technology. Now it is time for it to take a major leap forward. Launched in 2015 with a $5 million gift from Doug Schumann, AM ’64, Hon. ’08, the Campaign for the Douglas D. Schumann Library & Learning Commons will transform this essential asset into an interdisciplinary space that fosters collaboration and innovation.

th e d oug l a s d. sch u m a n n lib r a ry & l e a rning com mons 3

for more information on the campaign for the douglas d. schumann library & learning commons, please contact:

Paula SakeyVice President for Institutional Advancement 617-989-4219sakeyp@wit.edu

An investment in learning, research, and innovationAt a total estimated cost of $15 million, the library

renovation will bring about wide-ranging upgrades

that reflect contemporary trends in library design

and functionality, including:

→ construction of common spaces for collaboration and interdisciplinary learning

→ a complete overhaul of the library’s technology infrastructure, which will allow students to work individually or together to test and model prototypes in real time

→ a groundbreaking lending program that will allow students to check out tools and technologies such as laser cutters, modeling software, and 3d scanners and printers

These kinds of capabilities will play a pivotal

role in affirming the essential characteristics

of a Wentworth education—helping students

take ownership of, and responsibility for, their

learning through tools that deliver information

about new and proven concepts and techniques.

As such, it joins a growing list of other important

enhancements to the campus and to Wentworth’s

academic and research offerings, including the

Altschuler Computer Center, the Gelfand Strength

of Materials Lab, and the Center for Sciences and

Biomedical Engineering.

“The Douglas D. Schumann Library & Learning

Commons will be an inspirational space—a place

for students that is uniquely theirs; where they can

engage with their peers and instructors; where

they can explore and take ownership of their own

learning; where they can make and create,” says

Library Director Kevin Kidd.

The man behind the nameDoug Schumann, a Wentworth trustee emeritus

and 2008 honorary degree recipient, is no stranger

to making transformative gifts. His past donations

to Wentworth have ranged from funding the

Schumann Fitness Center, which opened in 2012;

to providing scholarship support for mechanical

engineering students who demonstrate positive,

goal-oriented attitudes; to endowing the Schumann

Professorship in Mechanical Engineering and

Technology.

Schumann is the owner and founder of P-Q

Controls Inc., a leading engineering services

company that supplies heavy-duty joysticks and

controls for the refuse, mining, forestry, marine,

and construction industries, among others. His

success puts him in a position to make a difference

for others. “My philanthropic work is rooted in the

love and support I received from my parents and a

desire to help young people who may not have been

as fortunate as I was,” he says.

Additional gifts speak volumesSchumann’s $5 million gift was a great start toward

completing the overall campaign goal of $7.5 million.

Two other major donors have stepped up to keep

the momentum going through gifts that total

$750,000. The first is from William Whelan, eep ’63,

a trustee emeritus and former board chair whose

service to Wentworth earned him an honorary

degree from the Institute in 2003. He also was the

winner of the 1998 Wentworth Alumni Association

Gold Leopard Award.

According to Whelan, chairman of Whelan

Associates, llc, “Wentworth had a major impact

on my life and career. I believe it is essential that

the Institute have the facilities it needs to become

w ent wor th president ’s rep or t fisc a l y e a r 20 154

th e d oug l a s d. sch u m a n n lib r a ry & l e a rning com mons 5

a truly world-class institution. I think Wentworth

stands out because of its commitment to practical

as well as theoretical learning and an upgraded

library will play an important role in enabling

students to build, create, and learn.”

Paul Guarracino, mde ’72, trustee and the

founder and president of J. M. Electrical Company

in Lynnfield, Mass., has also made a substantial

gift to the library campaign.

“For many years, I contributed to the annual

fund,” he says. “But in 2003, in the same month that

my wife passed away, I decided to make a $10,000

contribution to have her name displayed on the

Leopard statue. Then I started taking Wentworth

students as co-ops. About this time, President

Pantic arrived, and she has been instrumental in

putting the school on the map and inspiring people

to get more involved. Wentworth played a big role

in my success, and it feels good to give back.” ◆

“my philanthropic work is rooted in the love and support i received from my parents and a desire to help young people who may not have been as fortunate as i was.” — Doug Schumann Paul Guarracino, mde ’72

The Alumni Library opened in 1967, with 100,000 books on the shelves. Prior to 1967, the library was housed in Wentworth Hall and held a collection of only 10,000 books.

The current collection consists of 62,000 print books and DVDs, along with 350 print periodicals. In addition, electronic resources available 24/7 online include 317,000 e-books, 64 article and multimedia online databases, 17,000 online videos, and 54,000 e-journals.

The library currently employs 14 staff members—10 of whom are professional librarians—along with 40 student employees.

Expected completion date is the end of August 2016, with the renovated library slated to open in time for the fall 2016 semester.

library 101

renewable energy leader’s gift makes wentworth a player in an emerging field

Corporator David Blittersdorf, mde ’77, has been at the forefront of renewable energy technology for more than 30 years. As president and CEO of AllEarth Renewables Inc., a Vermont-based company that makes, sells, and installs solar-power systems, Blittersdorf believes the energy revolution is happening now and the move away from fossil fuels cannot be delayed. In 2015, Blittersdorf put his money where his vision is, endowing a $1.5 million professorship fund at Wentworth focused on supporting faculty whose scholarly work is geared toward sustainable engineering, technology, design, and management.

w ent wor th president ’s rep or t fisc a l y e a r 20 156 David Blittersdorf, mde ’77

Blittersdorf built his first wind turbine when he

was 14 and another while at Wentworth. “The 1970s

was the time of the worldwide energy crisis and

oil embargoes,” he says. “But aside from a nuclear

energy program at Wentworth, there wasn’t a lot

going on there in terms of alternative energy.” He

built his third wind turbine while a student at the

University of Vermont, and eventually started his

first company in 1982.

With sustainability having migrated from

the buzzword du jour to a true business mandate,

Blittersdorf wants Wentworth to be a leader in

this area. “It’s about giving back and it’s also about

going forward,” he says. “We need to move the

needle on renewable energy right now. The world

needs more thinkers and doers who are focused on

this issue and that’s why I endowed a professorship.

“My goal is to help Wentworth become a

recognized leader in education and research into

renewable energy,” Blittersdorf

continues. “I want to make

this a bigger part of the academic

experience at Wentworth

because I think the future of

the world depends on an ability

to break our dependence on

fossil fuels.”

A first recipient, a lasting impact Thanks to his generosity, the future is now. In

addition to the Blittersdorf Professorship, the gift

will also fund a number of scholarly initiatives

at Wentworth, including the annual Blittersdorf

Faculty Award, which will recognize those with the

vision and innovation needed to advance the field.

The professorship will be rotated every three to

five years, and may be awarded to a current faculty

member or a new hire.

Wentworth’s first Blittersdorf Professor is

Mansour Zenouzi, ph.d., pe, fasme, a professor of

Mechanical Engineering and Technology.

“I am pleased to be the first recipient of the

Blittersdorf Professorship,” Zenouzi says. “This

will enable me to support students’ energy-related

projects and to create a center and a laboratory

for sustainable energy in collaboration with other

faculty members who are interested in energy and

its impact on the environment.”

“I think Dr. Zenouzi is a great first recipient,”

Blittersdorf adds. “He is committed to crossing

disciplines to make his work successful.”

While the $1.5 million endowment is

th e b lit ter sd orf professor ship 7

“my goal is to help wentworth become a recognized leader in education and research into renewable energy.” — David Blittersdorf, mde ’77

Blittersdorf ’s largest gift to Wentworth, he has

been a strong supporter of his alma mater since his

graduation, and his close, continuing affiliation

with Wentworth has been recognized. In 2014,

he delivered the keynote address at Wentworth’s

Summer Commencement and received an honorary

degree from the Institute. And now, the Blittersdorf

Professorship will stand as a marker of his visionary

leadership in the field of renewable energy. ◆

Blittersdorf built his first wind turbine when he was 14 and another while at Wentworth.

Mansour Zenouzi, ph.d., pe, fasme

scholarships strengthen the wentworth learning community

For most students, nothing does more to directly impact their education than awarding them scholarships. As an institution, Wentworth is particularly grateful to donors who provide funds for scholarships because it enables talented students who might not have been able to afford a Wentworth education to study here. Scholarships, therefore, both support individual students and strengthen our entire learning community.

For this reason, 2015 has been a tremendous year for Wentworth, as new endowed and expendable scholarships and a generous scholarship grant provided important and necessary support.

w ent wor th president ’s rep or t fisc a l y e a r 20 158

J. C. Cannistraro llc seeds a pipeline of innovationCorporator John C. Cannistraro, Jr., is president

of J. C. Cannistraro llc, a Watertown, Mass.-based

company that provides mechanical construction

services for commercial and institutional

projects throughout greater Boston. Founded in

1963 by his father and currently led by Cannistraro

and his three brothers, the company specializes

in the use of building information modeling

and prefabrication. In 2015, the company endowed

a $25,000 scholarship fund at Wentworth

for students from Boston with financial need.

“Our company has been affiliated with

Wentworth since 1999, when we took on a single

co-op student,” Cannistraro says. “Around that

time, the use of technology in the construction

industry really took off, especially in terms of

computer modeling. My brothers and I have always

been impressed with Wentworth students; they

seem to get better every year. Today, the company

averages 15 co-op students per semester, most from

Wentworth. The retention rate is high, as many

schol a r ship s 9

Michael Santora, bsa ’05, pays it forwardCorporator Michael Santora is the youngest person

ever to endow a scholarship at Wentworth. As CEO

and co-founder of Crown Holdings, a group of

New York City-based development, consulting, and

architecture and engineering design firms, Santora

is paying forward the financial support that helped

him when he was a student.

“I don’t come from a wealthy background,” he

says. “Without the scholarships that paid for my

education, I wouldn’t have been able to start my

own business at 26. So out of gratitude, I decided

to create my own endowment fund to provide

scholarships for future Wentworth architecture

students.”

Santora’s $25,000 gift is not just about the

front-end benefit of paying tuition; it’s also about

the back-end relief from high student-loan debt. “I

know a lot of graduates who live with their parents

as they try to pay back loans,” he says. “Your first

job will be the lowest-paying job you have; being

burdened with debt inhibits your growth as a

person and a professional.”

Santora has also been working to create co-op

opportunities for Wentworth students at Crown

and at other New York City firms. “I really support

Wentworth’s education style,” he says. “In my

experience, they produce much more real-world-

ready students.”

Yawkey Foundations steps up to the plateThe Yawkey Foundations support several

scholarship programs designed to help talented

and motivated disadvantaged young people meet

the rising costs of education. In 2005, the Trustees

of the Yawkey Foundations began to consider the

needs of disadvantaged adult learners looking for

career advancement and further higher-education

opportunities.

According to Anne Fortune, manager of special

programs at the Yawkey Foundations, “Our

trustees wanted to support education programs

that prepare disadvantaged adults for career

advancement or further higher education. We give

the money directly to colleges and allow them to

distribute funds to adult students as they see fit.”

In 2015, the Yawkey Foundations gave

Wentworth’s College of Professional and

Continuing Education (CPCE) a $50,000 grant,

which is providing 15 worthy recipients with a

chance to achieve their career goals. “We have

supported Wentworth for a number of years,” says

Fortune. “Since 2005, the Yawkey Foundations have

awarded Wentworth a grand total of $225,000 to

support their continuing education programs.” ◆

choose to stay onboard after graduation. Right

now, close to 25 percent of our staff members are

Wentworth graduates; many have developed into

leaders and their ideas and energy are helping to

drive innovation in our company.”

John C. Cannistraro, Jr.

Michael Santora, bsa ’05

thanks to the lloyd g. balfour foundation, the boston pipeline initiative is poised for growth

Through the Center for Community and Learning Partnerships (CLP) and its various projects and programming, Wentworth fulfills a long-term commitment to making a difference in the local community. Founded in 2005, CLP focuses not just on community engagement opportunities, but also on helping underrepresented minority and low-income students from Boston prepare for, access, and succeed in higher education. This latter effort is achieved through a carefully designed project called the Boston Pipeline Initiative (BPI) that enjoys solid buy-in from community partners, which in turn provides a strong base of support for student success.

w ent wor th president ’s rep or t fisc a l y e a r 20 1510

th e b oston pipelin e initi ati v e 11

The BPI encompasses three strategically aligned

programs: SAT Prep, Dual Enrollment, and RAMP,

a pre-college summer bridge program. Because these

programs had previously been funded separately,

it was difficult for CLP to scale any of them to

meet the growing need. Enter the Lloyd G. Balfour

Foundation, which earlier this year provided a two-

year, $150,000 grant to the BPI. This is the Balfour

Foundation’s first grant to Wentworth and the largest

foundation grant that CLP has received to date.

“Though today we welcome students from all

over the world, Wentworth originally was founded

to provide technical education to Boston youth,”

says CLP Director Erik Miller. “Through the BPI, we

are able to fulfill the Institute’s founding mission in

a way that makes a greater impact than we’ve been

able to do before.”

Miller notes that only the RAMP program is

specifically geared for future Wentworth students.

“The SAT Prep and Dual Enrollment programs are

more altruistic,” he says. “The goal is to prepare

Boston youth for any higher education experience,

not just at Wentworth.”

According to Lori Friedman, director of

corporate, foundation, and government relations

at Wentworth, “The BPI is a good fit for the Balfour

Foundation, which has a strong commitment to

supporting education for underserved populations.

We’re very grateful for their generous support,

which will help us serve many more Boston high

school students.”

Promoting a pipeline of opportunity for Boston youthThanks to the Balfour Foundation’s grant, the CLP

will be able to sustain and expand programs that

have already been proven successful. With only

→ sat prep Launched in 2014, the SAT Prep program was designed to close the test-score gap for Boston students (who score an average of 135 points lower than students from the rest of Massachusetts). Wentworth faculty and teaching assistants work with students recruited from Boston high schools and youth-serving organizations on developing test-taking strategies, learning content, and taking practice exams. All materials are provided free of charge—including SAT testing fees. Last year, local high school juniors who were enrolled in the program improved their scores nearly 100 points.

35 percent of Boston students graduating college

in seven years, scaling the BPI programs will help

increase graduation rates, making lifelong success

a greater possibility for more local young people.

Here is more information about each of the BPI’s

three component programs. ◆

→ dual enrollment Since 2011, CLP’s Dual Enrollment program has made it possible for Boston high school students to earn high school and college credit simultaneously by taking freshman-level courses at Wentworth. The courses, which are offered free of charge (including tuition, laptops, and books), cover mathematics, business management, science, and computer programming. Dual Enrollment students have access to the same campus resources as the rest of the Wentworth student body, as well as individualized support in developing essential success skills as they gain exposure to college coursework and STEM-related majors. Having grown from five students in 2011 to 45 students last year, CLP anticipates serving 55 students during the 2015–16 school year.

→ ramp Participants in the RAMP program are Boston residents attending Wentworth as first-year freshmen. For six weeks during the summer, RAMP helps incoming first-year students acclimate to college coursework, form a cohort of peers from similar backgrounds, and immerse themselves in campus life before the start of the academic year. Established in 2011 as a work-study program, RAMP provides one-on-one mentoring, academic support, and project-based learning activities with real-world community-based clients. In addition, each student is paid a significant stipend for participating in the program. The first-year retention rate for RAMP participants is 87 percent, compared with 84 percent for the rest of the student body. This past August, six students from the first cohort graduated Wentworth in four years.

building the future—brick by brickTo celebrate and encourage the investment that alumni and friends express in the future of Wentworth through their estate plans, we are launching a yearlong campaign throughout 2016.

The goal is to motivate alumni and friends to make us aware of their thoughtful intentions to provide a gift. Every new member of the 1904 Society will have the option to have a brick with their name on it installed in a lovely brick pathway at a special, highly visible location on campus.

Details and updates on the campaign will be sent during the year and will also be available at alumni events and on the Wentworth website. The brick pathway will be dedicated during the 2017 Black and Gold Weekend.

Planned giving is a special form of philanthropy. Gifts are deferred to some time in the future, often but not always at death, involving any of a number of financial assets that represent a lasting legacy of support. At Wentworth, we highly value and gratefully recognize those who include Wentworth in their estate plans by honoring them as members of the 1904 Society.

Named for the year in which the Institute was founded through the estate gift of Arioch Wentworth, the 1904 Society celebrates those generous alumni and friends who have made a commitment to support Wentworth through a planned or deferred gift. Their gifts will contribute greatly to our growth and success and they will benefit future generations of Wentworth students and faculty.

“i am the middle of three generations in my family with a wentworth affiliation. my father, charles f. angell, was an instructor of electronic engineering technology and my son, philip, graduated in 1989 with a construction management degree. it is a joy to give to wentworth.”  — Barbara Balboni, aet ’84, aec ’86

w ent wor th president ’s rep or t fisc a l y e a r 20 1512

planned giving leaves a lasting legacy

“wentworth was a very exciting place to study back then, and it still is going places today. i enjoyed working in the machine shop and i liked my instructors. when i began to make my estate plans, i was proud to name wentworth the beneficiary.”  — George Bent, mw&tm ’51

Mr. James F. Adams, mw&tm ’51

Mr. George V. Albert, Sr.*, ac ’46

Mr. Charles T. Anderson*

Anonymous

Mr. Michael T. Anthony, iet ’82, ma ’84

Mr. Sherman L. Ayers*, ec ’28

Ms. Barbara A. Balboni, aet ’84, aec ’86

Mr. Louis C. Beggs, mc&td ’43, Hon. ’13

Mr. George L. Bent, mw&tm ’51

Mr. Ronald G. Betts

Professor Benjamin Blake

Mr. Robert A. Booker, bcs ’75

Mr. Armand E. Bourgeois*, mc&td ’50, Hon. ’00

Mr. Robert W. Boyden, mc&td ’52, mc&td ’58, Hon. ’98 and Mrs. Carol Boyden

Mrs. Mary Z. Bryant

Mr. Reinhold A. Carlson, ec ’50

Mr. Paul Cherkas*, ac&d ’42

Mr. Robert W. Cookson*, mc&td ’57

Mr. Charles E. Dearborn, Jr.*, am ’58

Ethel and Vincent DeVito*, bc ’38

Mr. A. Wentworth Erickson, Jr.*, Hon. ’86

Mr. and Mrs.* William H. Flanagan, mc&td ’51, Hon. ’11

Mr. William F. Gilbert, Jr.*, ie ’51

Mr. John B. Gray*, Hon. ’04

Mr. John A. Grimes, md ’61

Mr. J. Richard Hero, Jr., med ’64

Mr. Robert A. Kilgore*, bc ’50

Mr. Nikolaos D. Kokolakis, iet ’81

Mr. George L. Larned, Jr.*, che ’60

Mr. Howard V. Levine, aet ’72, ae ’74, Hon. ’06

Mr. Stuart Locke, ec ’39

Mr. G. Raymond Luddy, mde ’66

Mr. Eugene A. McCalvey, mds ’72

Mr. John P. Meloni*, em ’77, ees ’78

Mr. and Mrs. Glenn A. Neilson, bc ’68, aet ’69

Mr. Keith J. Peden, Hon. ’09

Mr. Lawrence A. Perkins, eet ’64

Ms. Patricia Scharling

Mr. William M. Scranton

Mr. Ernest E. Siegfriedt, Jr.*, pt ’57, Hon. ’02

Mr. Everett W. Skinner, Jr., che ’64, pls ’05

Mr. George G. Swain, Jr.*, mc&td ’35

Mrs. Eugenia Sweeney, Hon. ’09

Mrs. Ella M. Taylor*

Mr. Arthur T. Thompson*, Hon. ’85

Mrs. Virginia D. Thompson*

Dr. John F. Van Domelen, Hon. ’05

Mr. Joseph T. Vercellone, aet ’60

Mr. Richard L. Watts*, eee ’62

Mr. Donald B. Wilson*, Hon. ’95

* deceased

membership has its benefits

Members of the 1904 Society are recognized annually in the President’s Report. Wentworth also sends personalized invitations to members to attend an annual donor recognition event hosted by the president, as well as to a range of Wentworth alumni and special events.

Membership in the Wentworth 1904 Society requires submitting a copy of the estate-planning arrangement, and/or a signed “Letter of Intent” describing the benefit assigned to Wentworth. Acceptable arrangements include naming Wentworth in a will, establishing a charitable trust, gift annuity, making a gift of insurance or other assets, or any other similar deferred gift.

For more information, please contact: Associate Vice President of Institutional Advancement Carol Estes-Schwartz, at 617-989-4255 or estesc@wit.edu, or visit wit.giftplans.org.

pl a n n ed gi v ing 13

“there is no question that any success i’ve had in life is primarily due to wentworth. it seems proper to give back. i’m happy to put my name on the list of those who have given in the hopes that it will inspire others to donate as well.” — Bob Boyden, mc&td ’52, hon ’98, trustee emeritus

president’s circle

Since its founding in 1904, Wentworth Institute of Technology has been shaped by visionary leaders, builders, dreamers, and doers who paved the way for generations of students.

Inspired by our founding and traditions, the President’s Circle is a prestigious group of alumni and friends of Wentworth whose leadership giving and enthusiastic commitment to the Institute sets an example and inspires others.

w ent wor th president ’s rep or t fisc a l y e a r 20 1514

president ’s circl e 15

Arioch Wentworth Society Lifetime gifts of $1 million+

Samuel Altschuler, Hon. ’08 and Nancy Altschuler

Mr. and Mrs.* William H. Flanagan, mc&td ’51, Hon. ’ 11

The Fournier Family Foundation, Inc.

Mr. Alan P. Fournier, mde ’81, mec ’83, Hon. ’ 10

Mr. Mark Gelfand, Hon. ’ 13

Estate of William F. Gilbert, Jr.

GTE Corporation

Estate of John A. Kydd, Jr.

Mr. John A. Kydd Jr., pm&md ’42

Richard H. Lufkin Memorial Fund, Bank of America, N.A., Trustee

Estate of Leroy S. Olsen

Mr. Douglas D. Schumann, am ’64, Hon. ’08

Jack Smith, ie ’58, Hon. ’89 and Lillian Smith

Mrs. Eugenia Sweeney, Hon. ’09

President’s Circle Commitments of $25,000+ received by June 30, 2015

Mr. George V. Albert, Sr.*, ac ’46

Mr. Faisal Al-Shawaf, aec ’94, bcs ’95

Mr. Charles T. Anderson*

Mr. Sherman L. Ayers*, ec ’28

Lloyd G. Balfour Foundation, Bank of America, N.A., Trustee

Mr. David C. Blittersdorf, mde ’77, Hon. ’14

Edward A. Bond Foundation

Mr. Edward A. Bond, Jr., Hon. ’09 and Mrs. Aletta B. Bond

J.C. Cannistraro, llc

Frank A. Casella Charitable Trust

Mr. George W. Chamillard, ie ’58, Hon. ’97

Columbia Construction Company

Anonymous

Charles C. Ely Educational Trust Fund

Fidelity Charitable Gift Fund

Mr. and Mrs.* William H. Flanagan, mc&td ’51, Hon. ’11

Mr. and Mrs. Daniel T. Flatley

Ford Motor Company Fund

The Fournier Family Foundation, Inc.

Mr. Alan P. Fournier, mde ’81, mec ’83, Hon. ’10

Mr. Mark Gelfand, Hon. ’13

Mr. Paul A. Guarracino, mde ’72

Mrs. Lorraine F. Hickey

Mr. Anil D. Jha, met ’68 and Mrs. Stefania Jha

Mr. John S. McGrath, che ’62

Mr. and Mrs. James Menditto, at ’65, ase ’66

Edward O’Leary, Hon. ’06 and Marie O’Leary

Dr. and Mrs. Ronald Ritucci

Mr. Michael Vincent Santora, baet ’05

Mr. Douglas D. Schumann, am ’64, Hon. ’08

Jack Smith, ie ’58, Hon. ’89 and Lillian Smith

Wentworth Alumni Association

Mr. Robert M. Weyerhaeuser, eee ’78

Yawkey Foundation II

Wentworth is pleased to recognize and thank

these leadership donors who have made significant

investments in the Institute’s future. With

commitments of $25,000 or more in a single year,

these President’s Circle donors help fulfill some of

the most immediate needs of Wentworth and

its students.

A leadership gift to Wentworth honors our

tradition of excellence while securing the Institute’s

future. In fiscal year 2015, President’s Circle

members contributed 81 percent of the dollars

raised by Wentworth Institute of Technology.

for more information on the president’s circle, please contact:

Paula SakeyVice President for Institutional Advancement 617-989-4219sakeyp@wit.edu

thanks to donors, wentworth achieves record-breaking annual fund total

For the first time in its history, the Wentworth Fund broke the million-dollar mark in fiscal year 2015 (FY15), raising a grand total of $1,017,264. Thanks to the generosity of our 3,284 donors—which includes a greater than 6 percent participation rate among alumni—Wentworth has an even greater ability to invest in its programs and operations going forward.

w ent wor th president ’s rep or t fisc a l y e a r 20 1516

David A. Wahlstrom, aet ’80

Gifts to the Wentworth Fund support current-use

operating expenses that have an immediate impact

on our learning community. As such, they play a

significant role in ensuring that the Institute can

continue to deliver an interdisciplinary, experiential

education that prepares future generations of

innovators and entrepreneurs to make substantial

contributions to society and lead successful,

fulfilling careers. Specifically, these annual funds

are used to:

→ enhance lab spaces on campus→ sponsor student presentations at

academic conferences→ bolster academic programs→ provide emergency financial aid→ enrich student life activities

Indirectly, a strong Wentworth Fund has other

highly important benefits to the Institute. For

example, it ensures our ability to recruit and retain

the strongest students, as well as top-notch faculty

and staff, in an increasingly competitive market.

In addition, the participation rate of alumni who

make annual gifts is a key measure representing

satisfaction and is one of a number of metrics used

to determine national rankings; it also strengthens

Wentworth’s ability to secure contributions from

foundations and other sources.

Annual giving helps keep Wentworth currentFor leadership-level ($1,000+) donor David A.

Wahlstrom, aet ’80, Wentworth runs in the family.

His wife and daughter are alumnae of the Institute,

and his son is a current student. Wahlstrom, who

has been a staff member since 1979, truly has a

360-degree view of the importance of annual giving

on Wentworth’s continued strength and success.

“I don’t recall when I became a regular donor to

the Wentworth Fund,” says Wahlstrom, “but when

Wentworth began enabling donations through

payroll deduction, I jumped at the opportunity.

Every year since then, I have gradually increased my

gift amounts. As an employee and an alum, I have

an appreciation for the quality of the education and

career readiness that Wentworth provides. When

students graduate here, they’re ready for jobs. I want

to continue to support that.

“To put it simply, philanthropy is how Wentworth

will stay current,” he continues. “When we opened

the Manufacturing Center in 2011, the equipment

was state of the art. But the state of the art changes

quickly and we need to have the resources available

to remain on the cutting edge. Annual giving is

what enables us to do that.”

In essence, a gift to the Wentworth Fund is a

vote of confidence in the Institute and its power

to transform students’ lives and careers—not to

mention an ideal way for alumni to give back and

show their appreciation for their own experience

at Wentworth. In FY15, the votes were counted and

the result was the Fund’s first million-dollar year.

But hopefully not the last. ◆

“as an employee and an alum, i have an appreciation for the quality of the education and career readiness that wentworth provides. when students graduate here, they’re ready for jobs. i want to continue to support that.” — David A. Wahlstrom, aet ’80

th e w ent wor th fu n d 17

our heartfelt thanks to all our supporters

individual donors

President’s Circle Gifts of $25,000+

Mr. George V. Albert, Sr.*, ac ’46

Mr. Faisal Al-Shawaf, aec ’94, bcs ’95

Mr. Charles T. Anderson*

Anonymous

Mr. Sherman L. Ayers*, ec ’28

Mr. David C. Blittersdorf, mde ’77, Hon. ’14

Mr. Edward A. Bond, Jr., Hon. ’09 and Mrs. Aletta B. Bond

Mr. George W. Chamillard, ie ’58, Hon. ’97

Mr. and Mrs.* William H. Flanagan, mc&td ’51, Hon. ’11

Mr. and Mrs. Daniel T. Flatley

Mr. Alan P. Fournier, mde ’81, mec ’83, Hon. ’10

Mr. Mark Gelfand, Hon. ’13

Mrs. Lorraine F. Hickey

Mr. Anil D. Jha, met ’68 and Mrs. Stefania Jha

Mr. and Mrs. James Menditto, at ’65, ase ’66

Edward O’Leary, Hon. ’06 and Marie O’Leary

Dr. and Mrs. Ronald Ritucci

Mr. Douglas D. Schumann, am ’64, Hon. ’08

Jack Smith, ie ’58, Hon. ’89 and Lillian Smith

Mr. Robert M. Weyerhaeuser, eee ’78

Beatty Society Gifts of $10,000–$24,999

Mr. Michael T. Anthony, iet ’82, ma ’84

Mr. Kenneth G. Bacheller*

Mr. Louis C. Beggs, mc&td ’43, Hon. ’13

Mr. John E. Brooks, ie ’53

Mr. Robert W. Cookson*, mc&td ’57

Mr. Douglas C. Elder, ac ’58, Hon. ’02 and Mrs. Elizabeth A. Elder

Mr. Joseph F. Fallon, aet ’73, ce ’77

Stephen Fusi, me ’74 and Mindy Pollack Fusi

Mr. John R. Ghublikian, Jr. and Mrs. Maureen A. Ghublikian

Mr. Daniel Maxwell Holzer, belm ’09

Mr. Douglas J. Karam, bcs ’79, bu ’83

Ms. Christine Keville

Mr. Michael Masterson

Mr. and Mrs. Gary J. Miller, aet ’77

Dr. Zorica Pantić

Mr. Keith J. Peden, Hon. ’09

Family & Friends of Mike Piccarini, aet ’97, aec ’98

Milica and Donald Pogorzelski, Hon. ’06

Mrs. Ella M. Taylor*^

Ms. Michele A. Whitham

Dobbs Society Gifts of $5,000–$9,999

Mr. George L. Bent, mw&tm ’51

Mr. John Blaisdell, mde ’70, met ’72 and Mrs. Kathy Blaisdell

Mr. and Mrs. Jerome H. Casey

Friends of Sean Paradis

Mr. Paul A. Guarracino, mde ’72

Mr. and Mrs. Martin D. Guyer, mep ’64

Mr. Phillip R. Hooper, s&de ’58, Hon. ’10 and Mrs. Sally Hooper

Mr. Ryan E. Hutchins, cmt ’96, cmc ’98

Mr. Kenneth Isaacs

Mr. Gregory B. Janey, ars, bcm ’04

Mrs. Lorraine Kuchinsky

Mr. John M. Lynch, cet ’80, ce ’83

Ivana Magovčević-Liebisch, ph.d., j.d.

Robert and Amelia A. Murray

Mr. Clarke C. Nickerson, mde ’72, ma ’74

Mr. Edward W. Pivirotto, Jr., bcs ’74, ae ’76

Mr. Frederick F. Raymond, Jr., eee ’84, eec ’86

Mr. Ernest A. Rhodes, eee ’59

Kenneth D. and Caroline D.* Roberts

Mr. Michael Vincent Santora, baet ’05

Mr. Richard D. Sheridan, Sr., s&de ’55

Mr. and Mrs. Sinclair Weeks, Jr., Hon. ’86

Mr. William N. Whelan, eep ’63, Hon. ’03

Williston Society Gifts of $2,500–$4,999

Mr. Faraj Aalaei, eee ’81, eec ’83 and Ms. Susan Akbarpour

Mr. Michael D. Binette, aet ’81, aec ’86

Mr. Robert W. Boyden, mc&td ’52, mc&td ’58, Hon. ’98

Mr. Steve Carbonneau, aet ’80, baet ’82 and Mrs. Michelle J. Carbonneau, aet ’81, ma ’83

Mr. John J. Curtis, bcs ’86

Mr. John Grady, bc ’60

Mr. Bob P. Grant, che ’65

Mr. John S. Konopka, bc ’67

Mr. John S. McGrath, che ’62

Mr. William H. Perkins, am ’62

Mr. Jack Pini

Mr. Kevin W. Quinn, bcs ’74, ce ’76

Mr. Andrew J. Ruspini, mds ’78

Mr. Douglas C. Shepherd, eee ’60

Mr. and Mrs. Robert Totino

Every effort has been made to ensure the accuracy of this list. We apologize for any errors or omissions.

Please report any corrections to: dataupdate@wit.edu

For a complete list of donors, please visit: wit.edu/wentworth-fund

w ent wor th president ’s rep or t fisc a l y e a r 20 1518

This list includes donors who made gifts and pledge payments between July 1, 2014, and June 30, 2015.

d onor list 19

Founders Society Gifts of $1,000–$2,499

Mr. George Abe

Mr. and Mrs. Marc G. Allison

Mrs. Mary C. Ares

Mr. Jacob K. Baron, mec ’98

Mr. Eric C. Beauvais, eec ’93

A. Donald and Mary G. Behler

Mr. George S. Bellamacina, eet ’65

Mr. George H. Bodman, mep ’62

Mr. Christopher T. Bortlik, css ’94, csc ’96

Mr. Paul Anthony Britton, Jr., bcot ’11

Mrs. Keiko S. Broomhead

Mr. David A. Brossi, ac ’53

Mr. Alexander Bunar, Jr., ac ’55, ac ’57

Mr. and Mrs. Thomas N. Butler

Mr. and Mrs. Gerald M. Campbell, ie ’57

Mr. Robert A. Chagnon, p.e., mc&td ’57

Ms. Rose Conti, bcn, abc ’09, bcm ’12 and Mr. Ronald Conti

Mr. Matthew W. Coutu, ct ’87

Mr. William G. Creelman, bc ’64

Mr. William P. Crowley, bc ’57

Mr. Joseph H. Curran, aet ’88, aec ’90

Mr. William L. Dalton, Jr., eep ’60

Mr. John J. DeLuca, ie ’58

Mr. Mark Denman, bcc ’89

Mr. Terence G. Dougherty, bcs ’78, ce ’80

Mr. Denis M. Dubois, aet ’69

Mr. Almanzor L. Dupuis, Jr., ac&d ’41

Ms. Chrystyanna Edgecomb

Mr. Theodore W. Edwards, Jr., mep ’64

Mr. Jeffrey Erickson

Mr. Michael Frontino, ase ’67

Ms. Fatma Husain Galadari

Mr. and Mrs. Mark Gallagher

Mr. Henry A. Gibson, s&emo ’40

Mrs. Anne M. Gill

Mr. John A. Grimes, md ’61

Mr. Clyde N. Grindell, ec ’50

Mr. John P. Heinstadt, Esq.

Mr. and Mrs. J. Richard Hero, Jr., med ’64

Mr. Robert E. Howes, eet ’67

Mr. Russell A. Hutchings, pet ’62

Ms. Amy Intille

Mr. and Mrs. Peter Jenness, III, md ’64

Mr. Gary C. Johnson, aia, aet ’72

Mr. Wayne C. Johnson and Ms. Melissa Brokalakis

Mrs. Sharon Jozokos, aet ’92, cmc ’93

Mr. Michael P. Kearns, aet ’87, cmc ’89

* deceased ^ estate gift + matching gift

Mr. Gary S. Keith, mpe ’78, me ’80

Mr. Edmund L. Kelley, eee ’63

Mrs. Barbara Jane Kirkpatrick

Mr. Daniel L. Kissam, bcos ’01

Mr. and Mrs. Abdulrahman Kreidieh

Mr. David W. Kruger, Hon. ’04

Mr. Lawrence LaFreniere

Mr. and Mrs. Randall D. Lambert

Mr. George L. Larned, Jr.*, che ’60

Mr. and Mrs. Daniel G. Larson, mp ’60

Catherine C. Lastavica, m.d.

Mr. and Mrs. Chi Chung Lau, eee ’67

Mr. James P. Leonard, iet ’77

Mr. and Mrs. W. Boyd Leslie, iec ’58

Mr. Howard V. Levine, aia, aet ’72, ae ’74, Hon. ’06

Mr. George Lewis, Hon. ’00

Mr. John M. Looney, p.e., che ’61

Mr. G. Raymond Luddy, mde ’66

Mr. Roger C. Lummus, Jr., mw&tm ’54

Ms. Kathleen MacNeil, aet ’81, ae ’83

Mr. Ronald L. MacNeill, Sr., csw ’85

Mr. and Mrs. Douglas H. McCarter, ac ’49

Mr. Kevin P. McDonough, ats ’69

Mr. Michael W. McNeil, csw ’87

Mr. Edward L. Montesi, bc ’60

Mr. David C. Mores, eee ’64

Mr. W. James Morrissey, bc ’65

Mr. Charles J. Murphy, eee ’88

Mr. and Mrs. Harold E. Nash III, aet ’73

Mrs. Mary T. O’Neill

Ms. Sandra Pascal

Mr. David B. Perini, Hon. ’07

Mr. Lawrence A. Perkins, eet ’64

Mr. Frank A. Pesa, aet ’59

Mr. and Mrs. Anthony Phillips

Mr. and Mrs. Richard E. Portors, mp ’61

Ms. Sylvia T. Price, mac ’89

Mr. Daniel E. Robinson, aet ’60

Mr. Douglas C. Ryder, Esq., aet ’62

Ms. Paula Sakey and Mr. Robert Sakey

Mr. Mark A. Staples

Mr. David W. Stirling, aia, aet ’68

Mr. Bernard M. Szwarc, eee ’65

Mr. John J. Tabbutt, ase ’67

Mrs. Karri Tiernan, csc ’95

Mr. David A. Wahlstrom, aet ’80 and Mrs. Kathleen Wahlstrom, aet ’78, aec ’80

Mr. David M. Walsh, mp ’60

Mr. and Mrs. George E. Waterhouse, mds ’72

Mr. Elmer M. Wetmore, Jr., s&de ’49

Mr. and Mrs. Michael F. Wojcik, mps ’75

institutional donors

President’s Circle Gifts of $25,000+

Estate of Charles T. Anderson

Estate of Sherman L. Ayers

Lloyd G. Balfour Foundation, Bank of America, N.A., Trustee

Blittersdorf Family Foundation, Inc.

Edward A. Bond Foundation

J. C. Cannistraro, llc

Frank A. Casella Charitable Trust

Columbia Construction Company

Charles C. Ely Educational Trust Fund

Ford Motor Company Fund

The Fournier Family Foundation, Inc.

Wentworth Alumni Association

Yawkey Foundation II

Beatty Society Gifts of $10,000–$24,999

The Ayco Charitable Foundation

Kenneth G. Bacheller Charitable Foundation

Cherbec Advancement Foundation

Commodore Builders

Cookson Charitable Remainder Unitrust

The Alice W. Dorr Foundation

Educational Advancement Foundation

Electrical Industry Labor Management Cooperation Trust

Holzer Family Foundation

Keville Enterprises, Inc.

KVAssociates, Inc.

National Electrical Contractors Association, Greater Boston Chapter

Raytheon +

William E. Schrafft and Bertha E. Schrafft Charitable Trust

UG2

Edwin S. Webster Foundation

Dobbs Society Gifts of $5,000–$9,999

Bond Brothers Foundation

BOND

Brocade

Carney Global Ventures, llc

Central Ceilings, Inc.

Crown Design and Consulting

Electric Supply Center

FM Global +

Gilbane Building Company +

James W. & Margaret A. Ingraham Charitable Fund

Janey Construction Management & Consulting, Inc.

The Lancaster Foundation

Mechanical Contracting Foundation, Inc.

NELCO

RBS Citizens Bank

SEI Giving Fund

Ella Taylor Trust I

Ella M. Taylor Trust III

Whelan Family Foundation Inc.

Williston Society Gifts of $2,500–$4,999

The Architectural Team, Inc.

Arizona Construction Equipment, Inc.

Boston Society of Architects

Buston Attitude, Inc.

Chapman Construction/Design

Chartwells Corporation

John R. Conant 2010 Irrev Trust

Curtis Construction Company, Inc.

C.E. Floyd Company, Inc.

Thomas G. Gallagher, Inc.

GE Aviation

w ent wor th president ’s rep or t fisc a l y e a r 20 1520

Hensel Phelps Construction

Intel Corporation

J. M. Electrical Company

The Miley Foundation

New England Mechanical Contractors Association

The Pepsi Bottling Group, Inc.

Perkins+Will

Prime Buchholz & Associates, Inc.

Rebars & Mesh, Inc.

Staples Advantage

Structure Tone, Inc.

Uno Restaurants, llc

Zone Mechanical, Inc.

Founders Society Gifts of $1,000–$2,499

A. Murphy Electrical

Acme Building Services, Inc.

ADM Agawam Development, llc

Aldon Electric

Allegheny Contract Flooring, Inc.

American Plumbing & Heating Corporation

Associated General Contractors of Massachusetts, Inc.

Bard, Rao + Athanas Consulting Engineers, llc

A. Donald and Mary G. Behler Foundation

George H. Bodman, Inc.

Boston Properties, Inc.

The Melissa C. Brokalakis Trust

Builders and Remodelers Association of Greater Boston

BW All Sports

J. Calnan & Associates, Inc.

Cambridge Seven Associates, Inc.

Cane Systems, llc

Casella Waste Systems, Inc.

Cranshaw Construction

Dacon Corporation

Dyer Brown & Associates, Inc.

Elaine Construction

Erland Construction, Inc.

Gaston Electrical Co., Inc.

GE Foundation +

Harry Grodsky & Co., Inc.

Hoop School, llc

Russ Hutchings Associates, Inc.

Ingersoll-Rand Company +

J. & M. Brown Company, Inc.

Estate of George L. Larned, Jr.

Lavallee Bresinger Architects

Lenovo

The Luddy Family

MathWorks

Mayberry Shoe Company, Inc.

Microsoft Matching Gifts Program +

Millwork One, Inc.

National Association of Home Builders

National Society of Black Engineers

Noonan Brothers Painting

Office Works

O’Leary Limited Partnership

Omark Consultants, Inc.

Omni Mount Washington Resort

Performance Air Conditioning, Inc.

Pro Con, Inc.

Redbrook / A. D. Makepeace Company

The Richmond Group

S & F Concrete Contractors, Inc.

Schwab Charitable Fund

Shawmut Design & Construction

Skanska USA

Standard Electric

Suffolk Construction Company, Inc.

Superior Nut Company, Inc.

Ella Taylor Trust II

Timberline Construction

Touloukian Touloukian Inc.

UBS Financial Services, Inc.

Unified Construction Group, llc

US Electrical Services, Inc.

Velocity Collaborative Real Estate Group, llc

Verizon Foundation +

Walsh Brothers

Wells Fargo Advisors, llc

WSP Group

Z-Lights, Inc.

in memory of

Mr. Roland Ares*, s&de ’55

Mr. Sean Bender*

Mr. Joshua D. Bent*, aaet ’01, baet ’03

Mr. Jimmy Beverly*

Mr. Philip J. Brooks*, aet ’88, aec ’90

Mr. Timothy Carrig*, acmt ’04, bcmt ’06

Mr. Roger B. Conant*, s&emo ’42

Mr. Benjamin Garfink*, mc&td ’14

Mr. Ernest N. Hall*, bc ’40

Mr. Stewart B. Hanna*, mp ’64

Mr. Clyde S. Hanscom*, ac ’54

Mr. James R. Hickey*, bc ’62

Mr. Richard M. Kuchinsky*, aet ’62

Mr. Joel J. Labbe*, eec ’91*, tmc ’91

Mr. Sidney R. Lewis*, fm&o ’27

Mr. Ralph F. Lovejoy*, weld ’34

Mr. Alphonse J. Luinis*, ac ’52

Mr. Elliot B. Matteson, Jr.*, cet ’82

Mr. Alan H. Molin*, eee ’62

Mr. Carlton Moore*

Professor Francis E. Nestor*

Mr. G. Kendall Nylin*, ame ’55

Dr. Marijana Pantić*

Mr. Sean Kenneth Paradis*, bsa ’13*, marc ’14

Mr. Michael R. Piccarini*, aet ’97*, aec ’98

Mr. Danwin M. Purdy*, med ’61

Mr. Richard J. Shaw*, pm&md ’42

Mr. Henry L. Wright*, mep ’61

Mr. William J. York, Jr.*, pet ’62

gifts in kind

Anonymous

Crispy Dough

Dermot’s llc

Lillys Gourmet Pasta

Van Stry Design

d onor list 21

* deceased ^ estate gift + matching gift

wentworth institute of technology corporation

w ent wor th president ’s rep or t fisc a l y e a r 20 1522

trustees

Chairman Michael T. Anthony ’82, ’84 Executive Vice President Cambridge Semantics, Inc.

Vice Chairman Michael Masterson Chairman and CEO ALD NanoSolutions, Inc.

Treasurer Kenneth D. Roberts Past Chairman Candela Corporation

Secretary Christine Keville President and CEO Keville Enterprises, Inc.

President Zorica Pantić, ee, ph.d. President Wentworth Institute of Technology

George A. Abe Past President, CEO, and Board Member Emerald BioSystems

John (“Jack”) W. Blaisdell ’70, ’72 Past Vice President and Chief Engineer UPS, Inc.

Jerome H. Casey Past President and Chief Operating Officer Sekisui Diagnostics, llc

George W. Chamillard ’58, Hon. ’97 Past CEO and Chairman Teradyne, Inc.

Daniel T. Flatley Trustee The Flatley Foundation

Stephen F. Fusi, cfa, cfp, ’72, ’74 Past Senior Wealth and Investment Advisor New Wealth Advisors, llc

Ryan E. Hutchins ’96, ’98 Senior Vice President and Regional Manager Gilbane Building Company

Kenneth Isaacs Past President Graycor

Gregory B. Janey ’04 Principal Owner Janey Construction Management and Consulting, Inc.

Wayne C. Johnson Director of Innovation Partnerships Mass Insight

Douglas J. Karam ’79, ’83 President KVAssociates, Inc.

John M. Lynch ’80, ’83 Vice President of Engineering, Construction, and Facilities Management Staples, Inc.

Ivana Magovčević-Liebisch, ph.d., j.d. Senior Vice President and Head of Global Business Development Teva Pharmaceutical Industries, Ltd.

Adam Palmer ’09 President Wentworth Alumni Association Project Manager J. M. Electrical Co., Inc.

Robert C. Murray President BOND, Inc.

Keith J. Peden, Hon. ’09 Past Senior Vice President, Human Resources and Security Raytheon Company

John (“Jack”) Pini Executive Director, Principal Gifts Bentley University

Donald E. Pogorzelski, Hon. ’06 Past President Genzyme Diagnostics

Michele A. Whitham, Esq. Partner Foley Hoag llp

corporators

Jeffrey Altschuler ’84 President Altronics Manufacturing, Inc.

Jacob K. Baron, Esq., ’98 Partner Holland & Knight, llp

David C. Blittersdorf ’77, Hon. ’14 President and CEO AllEarth Renewables, Inc.

Edward A. Bond, Jr., fsmps, fcmaa, leed ap, Hon. ’09 Chairman and CEO BOND, Inc.

Robert A. Booker ’75 President R. A. Booker Builders, Inc.

Robert W. Boyden ’52 , ’58, Hon. ’98 Past President and Treasurer Boyden Molding, Inc.

Gerald M. Campbell ’57 Past Vice President and General Manager GTE Telecom International

Rosemarie A. Conti Director of Interiors Lee Kennedy Co., Inc.

Michael J. Corbett Senior Vice President and Chief Financial Officer PC Construction Company

William G. Creelman ’64 Past Vice President A. J. Martini, Inc.

John J. Curtis ’86 President Curtis Construction Company, Inc.

Dana A. DeMatteo ’83, ’85 Senior Project Manager Lee Kennedy Co., Inc.

Mark Denman ’89 Vice President of Construction Boston Properties

Paul E. Doherty Vice President of Hospitality Shawmut Design and Construction

Terence G. Dougherty ’78, ’80 Executive Director, Health Systems Transformation Commonwealth Medicine, UMass Medical School

William H. Flanagan ’51, Hon. ’11 Past President and Chairman Nexus, Inc.

Jocelyn Lum Frederick Principal Tsoi / Kobus & Associates, Inc.

John (“Jack”) R. Ghublikian, Jr. Retired Adjunct Faculty Wentworth Institute of Technology

Paul A. Guarracino ’72 President and Founder J. M. Electrical Co., Inc.

Martin D. Guyer, clu, ’64, Hon. ’12 Certified Insurance Consultant MDG Associates of CT, llc

Phillip R. Hooper ’58, Hon. ’10 Past Vice President and Operations Manager FM Global

corp or ation list 23

Gary C. Johnson, aia, ’72 Principal Cambridge Seven Associates, Inc.

Brian-Keith Jones ’93, ’95 Manufacturing Engineer Bose Corporation

James Joyce ’79 CEO OfficeWorks

Sharon Jozokos, leed ap, ’92, ’93 Project Executive Suffolk Construction Company

Michael Kearns ’87, ’89 Vice President of Construction Advanced Realty Management

John D. Kelleher ’61 Past Senior Vice President of Real Estate and Development Shaw’s Supermarkets, Inc.

Deborah W. Keller ’93 Principal Engineer / Project Manager McKenzie Engineering Group, Inc.

David W. Kruger Hon. ’04 Past Senior Vice President Bank of Boston

Lawrence LaFreniere President Electric Supply Center

Daniel P. Lanneville, leed ap, ’95, ’97 Senior Project Manager Skanska USA Building Inc.

Daniel G. Larson ’60 Past Chairman and President Larson Tool and Stamping Company

W. Boyd Leslie ’58 Vice President of Sales MicroTek, Inc.

Howard V. Levine, aia, ’72, ’74, Hon. ’06 Principal Cramer Levine & Company Architects, P.C.

Kathleen C. MacNeil ’83 Principal MDA Partners llc

Stefania Nappi Mallett CEO ezCater, Inc.

Michael Maltzan, faia, Hon. ’10 Founder and Principal Michael Maltzan Architecture, Inc.

Irene F. McSweeney ’83, ’85, ’88 Director of Construction Boston Water and Sewer Commission

John M. Milone, p.e., ’71, ’74 President Milone & MacBroom, Inc.

Gary J. Miller ’77 Executive Vice President and COO NELCO Worldwide

Clarke Casey Nickerson ’72, ’74 Past President Spinnaker Contract Manufacturing, Inc.

Michael J. O’Dowd ’87, ’89 Bridge Project Development Engineer and Supervising Project Manager for Major Projects Massachusetts Department of Transportation

Edward J. O’Leary ’48, Hon. ’06 General Partner Development Associates

David B. Perini, Hon. ’07 Past Commissioner, Division of Capital Asset Management Commonwealth of Massachusetts

Sylvia T. Price ’89 Director, Sales Programs, Americas Pitney Bowes Software, Inc.

Ronald P. Ritucci, d.m.d. Retired Orthodontist

Richard D. Sheridan, Sr. ’55 Past President Gateway Equipment Corporation

David J. Simm ’59 Past President and CEO Doncasters, plc

John “Jack” F. Smith ’58, Hon. ’89 Past Senior Vice President Digital Equipment Corporation

Al Spagnolo, aia, ’70 Founding Partner Spagnolo Gisness & Associates, Inc.

Carole C. Wedge, faia leed ap, Hon. ’04 President Shepley Bulfinch

Sinclair Weeks, Jr., Hon. ’86 Chairman and CEO Emeritus Reed and Barton Foundation, Inc.

Paul W. Weiss ’85, ’87, ’88 Senior Manager, “Unleash the Labs”, Rational software IBM Software Group

John D. Wise ’88, ’90 President Wise Construction Corporation

trustee emeriti (as of june 30, 2015)

Nicholas Bachynski Past Executive Parsons Main

Edward A. Bond, Jr., Hon. ’09 Chairman and CEO BOND, Inc.

Robert W. Boyden, ’52, ’58, Hon. ’98 Past President and Treasurer Boyden Molding, Inc.

Kenneth L. Carr, Hon. ’92 CEO and Chairman Meridian Medical Systems, llc

Phillip R. Hooper ’58, Hon. ’10 Past Vice President and Operations Manager FM Global

David W. Kruger, Hon. ’04 Past Senior Vice President Bank of Boston

Eric M. Levi, Hon. ’96 Past Vice President and Manager of Operations Raytheon

Douglas D. Schumann ’64, Hon. ’08 President P-Q Controls, Inc.

Richard D. Sheridan, Sr. ’55 Past President Gateway Equipment Corporation

C. Thomas Swaim, Esq. Senior Partner Holland & Knight LLP

Sinclair Weeks, Jr., Hon. ’86 Chairman and CEO Emeritus Reed and Barton Foundation, Inc.

William N. Whelan ’63, Hon. ’03 Past Chairman Spaulding & Slye Colliers Principal Whelan Associates llc

123,261,771

31,469,870

1,233,536

1,125,491

4,106,793

161,197,461

101,366,293

5,425,733

44,433,301

151,225,327

9,972,134

9,251,411

(5,477,016)

3,774,395

175,540,387

189,286,916

89,739,718

109,002,831

25,758,412

1,228,645

1,278,879

3,888,420

141,157,187

94,353,534

4,759,303

36,151,646

135,264,483

5,892,704

1,214,492

7,900,249

9,114,741

160,532,942

175,540,387

91,461,836

100,902,407

25,462,578

1,083,455

1,396,425

3,625,553

132,470,418

90,486,525

5,084,141

31,690,100

127,260,766

5,209,652

3,162,480

11,874,351

15,036,831

140,286,459

160,532,942

81,890,151

90,465,695

23,671,905

1,115,399

1,664,300

3,199,889

120,117,188

84,196,353

3,838,815

27,576,400

115,611,568

4,505,620

1,040,961

(11,513,907)

(10,472,946)

146,253,785

140,286,459

74,417,358

82,857,398

22,881,568

834,687

2,296,495

3,375,260

112,245,408

81,662,241

3,469,075

21,233,321

106,364,637

5,880,771

1,009,830

14,124,477

15,134,307

125,238,707

146,253,785

77,477,975

80,260,109

21,790,322

693,944

1,912,310

3,746,400

108,403,085

80,043,390

3,604,936

18,454,289

102,102,615

6,300,470

820,216

(1,862,364)

(1,042,148)

119,980,385

125,238,707

66,796,355

74,145,362

21,230,959

550,252

(506,698)

4,350,280

99,770,155

78,066,275

3,536,085

16,465,597

98,067,957

1,702,198

654,938

(29,937,929)

(29,282,991)

147,561,178

119,980,385

66,779,877

68,695,561

19,985,059

769,984

1,733,310

4,056,176

95,240,090

76,408,652

3,466,365

13,956,059

93,831,076

1,409,014

4,225,099

(13,816,022)

(9,590,923)

155,743,087

147,561,178

91,070,763

Revenues

Student tuition and fees

Auxiliary enterprises revenue

Gifts and bequests

Other income (loss)

Investment income used for operations

total operating revenues

Expenses

Education and general

Auxiliary expenditures

Student aid

total operating expenses

operating subtotal

Gifts

Endowment and investment gain (loss)

nonoperating subtotal

Net Assets

Beginning of year

End of year

endowment

2015 2014 2013 2012 2011 2010 2009 2008

summary of financial results

w ent wor th president ’s rep or t fisc a l y e a r 20 1524

Editor: Caleb Cochran

Design: Stoltze Design

Writing: Libretto

Photography: Webb Chappell, Kathleen

Dooher, Heratch Ekmekjian, Tony Rinaldo

president Zorica Pantić, ee, ph.d.

senior vice president for academic affairs and provost Richard Hansen, ph.d.

vice president for business David Wahlstrom, aet ’80

vice president for enrollment management and student affairs Keiko Broomhead, ed.d.

vice president for finance Robert Totino

vice president for human resources Anne Gill

vice president for technology services and chief information officer Mark Staples

vice president for institutional advancement Paula Sakey

chief of staff, president’s office Amy Intille

NON-PROFIT

ORGANIZATION

U.S. POSTAGE PAID

WENTWORTH INSTITUTE

OF TECHNOLOGY

550 Huntington AvenueBoston, Massachusetts 02115-5998 | wit.edu