George Mason Foundation Gets New Leadership

K. David Boyer

K. David Boyer, Jr., and Judith Marshall Jobbitt became chairman and president, respectively, of the George Mason University Foundation July 1. Boyer is chairman and CEO of TROY Systems, Inc., which provides information systems and management services to commercial and government clients. He has served on the foundation board since 1994, most recently as vice chairman and previously as treasurer. He is also a founding member of the George Mason University Minority Advisory Board.

Judith Jobbitt

Jobbitt, who also became Vice President for University Development on July 1, is former associate dean for external relations at the University of Chicago law school. Prior to this, she worked at Northwestern University from 1984 to 1998. Her most recent position at that institution was assistant vice president of university development. Lovey L. Hammel, '88, was elected vice chairman of the board. Hammel is president of EEI, Inc. Paul K. Kyle, president of King Wholesale, Inc., and Carson Lee Fifer, Jr., partner with McGuire, Woods, Battle & Boothe, were elected secretary and treasurer, respectively.

Five New Alumni Members
Among the nine newly elected foundation board members are five alumni. They are

• Michael G. Anzilotti, M.B.A. '83, president and CEO, First Virginia Bank;
• Teresa M. Klaassen, B.S. '77, executive vice president and secretary, Sunrise Assisted Living;
• J. Hamilton Lambert, hon. '97, principal, J Hamilton Lambert & Associates;
• Claudia F. Pleasants, B.A. '74, a previous board member, real estate manager, Suburban Properties, Inc.; and
• D. Jean Wu, M.S. '87, president, Integrated Management Services, Inc.

The George Mason University Foundation was established in 1966 to advance and further the aims and purposes of George Mason University. It assists the university in generating private support and manages, invests, and administers private gifts, including endowments and real property. It makes expenditures to or for programs of the university above and beyond the support that can be provided by state funds.

Over the past five years, George Mason's endowment has grown from $14.8 million to $33.5 million, and assets from $30 million to $80 million.