PACE IN THE EIGHTIES WORKING PARTNERSHIPS

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CIA-RDP05T00644R000301090019-2
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December 22, 2016
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April 30, 2009
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Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 PAM 111 V l V ERS 1 I --.am. PRESIDENT'S REPORT- 1980 Working Partnerships. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 CONTENTS WORKING PARTNERSHIPS 10 Pace and the Professions 14 Pace and the World of Business 20 Pace Faculty and Students 22 Pace and Its Community REPORTS 2 Signs of Growth at Pace 24 Financial Perspectives, 1970-1980 28 A View of the Future VOLUNTEER PARTNERS 30 Campaign Leadership Committee 32 Board of Trustees To Friends and Colleagues of Pace University: This report is a record of the. achievements that work- ing partnerships have made possible. It is a different kind of report, for it embraces not only a traditional account of past accomplishments for which an annual report is nor- mally intended. It reports also the conclusions of a trus- tees' long-range plan that was two and a half years in preparation. Hence, this report will speak of achieve- ments, and it will also speak of plans and expectations that the entire University shares - the trustees, donors, faculty and staff, alumni and students of Pace. (It speaks of partnerships past, present and future.) The key elements in these partnerships are student concentration on achievement, faculty and staff dedica- tion to excellence, trustee involvement, and business, professional and community support. These relation- ships have stimulated a number of exciting accomplish- ments in growth and quality for Pace. And, thanks to these partnerships, the future - despite population and economic concerns - is a promising one for the Univer- sity. Let me mention a few special accomplishments that may serve as evidence of the ways in which working partnerships help a University advance. - The Graduate School of Business, while steadily improving its quality, has achieved the largest enrollment of any institution in the country granting MBA degrees. - The pre-medical program has placed a higher percentage of its graduates in medical schools of their choice throughout the nation than most long-established pre-medical programs. - The Lienhard School of Nursing has achieved accreditation by the National League of Nursing in all of its programs: associate, baccalaureate and masters. - The School of Education continues to win re- nown for its fine reading program in the City of White Plains and, through its graduate program in Supervision and Administration, affects positively the management of many schools in the metropolitan area. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 - Pace's Law School in the City of White Plains becomes increasingly important as more and more of its graduates enter major law firms in the metropolitan area, and its law seminars provide educational renewal for practicing professionals in Westchester and surrounding counties. - On the athletic field, the Pace football team has won its Conference championship for the past two years. - In the School of Continuing Education large numbers of mature men and women with varied profes- sional, technical, and creative experience continue to en- roll in the program that leads to the degree of Bachelor of Professional Studies. - The Dyson College of Arts and Sciences con- tinues to provide a strong basis in general education for all Pace degree students while continuing to receive rec- ognition of foundations, honor societies and the Na- tional Endowment for the Humanities. In a specific area of accomplishment, the Dyson College Graduate pro- gram in School Psychology has grown in quality and numbers so that Pace graduates now practice as school psychologists in 15 states and pursue doctoral programs in 8 distinguished universities of the United States. - Pace University achieved another important first in being granted authority to offer the degree of Doctor of Psychology. - The University library collection has grown on all campuses and now exceeds 650,000 volumes. - Lubin School of Business students continue to win distinction by receiving nationwide awards for their outstanding performance on annual CPA examinations, and the emergence of significant achievements by graduates in new academic areas of business, such as in- formation systems. These and many other achievements will be detailed at greater length in the pages that follow. I am proud to mention some of them even briefly because we believe strongly that these evidences of success have developed from the partnerships that embrace every segment of the University as well as its benefactors in the community and in business. This report is the story of an institution on the move, an institution which draws its strength from working partnerships. I hope you will find it interesting and infor- mative. 1 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Signs of Growth at PACE PACE UNIVERSITY: -COMPREHENSIVE - DIVERSIFIED -INDEPENDENT Most private colleges and universities find it difficult to grow in these times of economic pressure and demographic change. Sadly, many of them are treading water while hop- ing for better opportunities for growth. This makes the record of Pace University the more remarkable. Through good times and bad in higher education, we have continued to ex- pand and diversify our services. Our approach is simple: We know that so- ciety's need for practical academic training is not diminishing, but growing. We identify these changing needs around us in business, government and the professions. Then we devise innovative, flexible, student-centered means of fulfilling those needs well. This ap- proach has carried Face from a small institute of accounting, meeting in a few rooms, to a comprehensive university of eight under- graduate and graduate colleges serving 24,500 students in five urban and suburban locations. Pace University will continue to grow, for there are emergent community needs still to be met. Our leaders, working in partnership with leaders in corporate, financial, govern- mental and professional settings, can con- tinue to enlarge the value of Pace to the community in the 1 980's. Library of the Joseph and Bessie Gerber Glass Law Center in White Plains, completed in 1979. The Pace Law School, which graduated its first class in 1979, now has more than 700 students. It already has been accredited by the American Bar Association. The Pace University library system, now being cross- cataloged for efficiency, houses more than 650,000 vol- umes. Ten years ago,the number was 200,000. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 GROWTH IN ENROLLMENT... The number of students enrolled in Pace courses has more than doubled since 1970. 70 19,868 71 10,215 72 310,653 73 311,476 74 12,439 75 13,936 76 15,531 77 17,503 78 z -1 21,523 79 Fall 24,500 .~. ~ AND IN FACULTY... A similar increase, with advanced academic credentials rising year to year. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Above and below: Civic Center campus, Manhattan k Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 CAMPUSES AND LOCATIONS New programs and increased enrollment call for expanded facilities. Pace University has provided for its needs through acquisition and construction. By now, the Civic Center cam- pus, dedicated in 1970, is a landmark of the City Hall area of Manhattan. Nearby, the 22- story building at 150 Nassau St. and the 16 stories at 41 Park Row provide space for addi- tional programs. All are used to capacity. To serve the needs of learners working or living in mid-town Manhattan, Pace operates the Midtown Center at Fifth Avenue and 44th St. Almost 2,000 students pursue coursework there. New York programs are coordinated with those offered at the Pleasantville- Briarcliff campus, built on 240 acres in Westchester County - and at the White Plains campus, added in a 1975 consolidation with The Col- lege of White Plains. Dormitory facilities for resident students are provided on all cam- puses, accommodating more than 1,600 residents. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 1. Pace Midtown Center (fourth and sixth floors). 2. Dow Hall, Briarcliff. 3. Preston Hall, White Plains. 4. Campus Center, Pleasantville. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Pace keeps students, faculty and alumni in- formed of good news about growth and accomplishment - and there is much to re- port. The growing stature of Pace has its foundation in thousands of relationships like the one below. In an orientation book, Pace tells students: "Pace believes that you and the University be- come a team, each a mirror for the ac- complishments of the other.... Such interde- pendence creates a warm and shared experi- ence that goes from classroom to Pub, from faculty office to tennis court, from Senate meeting to mixer, from career seminar to concert stage, and from campus to campus." Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 PACE rg riAEO SGH0 GL AGGEPTAN~.ES RATS NtGy ` Libr ~ t eCord cries IncrensE~ , ,g ,fin roller Holdings By 11?/ .r `Q~.~ess , ent ~~ u ( n"c'rtitp lihr As 6y A1an~.~ l~e rredr drp ? ~ohnnes ~~~ hac ~ cling arC0 rdinp cnrollrne ~'~ ~ti her cent 'ce.,~A a~ Yhighete~eontinues to for the West? ngo, ~ ~~~ lfenry Bir ode%%3 .g19 c s on each Year' the that f>~ _ Chester a?eM st~Or t PSy~ Arm Otter FIrS'' t Pa I~"% o r~ Smote rk Y o in New nadree F~tbAu ., e V ,?et Title ? `'"nch ! L2 t~a'~i~Illl,E'(~ 1. W ~) I Cie t r 'Their r1 i. p=iIEC)~OIU~ ft..oe F o t) lt~, 1Lr- al, Jc?In ~'(rhl? n~ifl acn\o?I V `Iy -~ ~~jf cho1a~5 er d atp a~.,. I(~ t r r17r ?,r)< ~n~ , I r. - U1 ~ - .char II ~ ,1, i i~ rh-~.I!'tl?11 Ins ?li.li1e111 t p 11~.~1 tf l ?hu. Pace Aiding Municipal Lawyers !!!"' h A Municlt.al Law Resource Center (^ PC) has been F _stab] st ar }=aye's S h r ~ c ool e '11rr '~J cam us '-ati' a the I4hite Cl )r tl.r, ~,,,,,,,, aceCO~f~~la St~rrs.er h rh - t~~+~nl thr rrrlltcrl'rpiJfur N tuber of p Re~oraj Fi, uch,.. I,,,. e9rees~ .~~ e)e~q,,l7/ ttIII L V ' l y New M. N.'.. Iv9r S ~9~~ Grant/ (ii.uuU Il h h s~li nl t 11n,n' 01 RI ~+al ~. I dl h I . 1 Mt.uuli ? ,~ eCeiVe LI1 ?ees _- Bar - .. I , 111111~,' ~1"~' Law School Plans oei~~,ohOObofQ ~,'- W' i ` %r:gu., u I ~c1 Ir 'T:-: . Ilc f~' s i 1` -? First Commencement l puterGra~ es na " 111 ' ]IIIIIC-/ Nursing Prograrh L ~'?I~ ~~,?,~,.I .,r IIBYNati Accredits i ,,, ~,~; National L, d .< < ?~~ 1 ~1, No vague for Nur H i 1 g s k' 1111 `l 11 n 1, -I .,~ tf Hlll h~ a ,he 13:n rnliurc.itc l) ~ ?~n, thl ?dl 1 t1 nilrr~ih 1ui~ i'r~ gram i^ ,'Vur.ine ,It i Il;lr ?ni ri~l ` cll rr?fit:ui ,n t~~r I nv,i i I 9 'I'II,. I ~~c \i >, inin , inlbcnrll fr~ ~, , li" cnqul PG 7 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Pace Institute lecture hall before 1910. Ladies wore hats and sat up front. Growing Since 1906...And Still Growing! 906 ? Charles A. and Homer S. Pace formed a partnership to conduct the New York Institute of Accountancy, later called Pace Institute. First class: four students. Expanded to many cities throughout the United States. 1910 ? In New York, activities were moved to Hudson Terminal Building, 50 Church St. 1913 ? Expansion required a move to 30 Church St. 1919 ? First daytime classes were begun in response to the needs of returning veterans of World War I. 1927 ? With further growth, yet another move, to the new Transportation Building, 225 Broadway. 1928 ? First secretarial instruction, with many more business-related courses following in close succession. Increasing Liberal Arts emphasis. 1942 ? The estate of Homer Pace generously surren- dered to the institution all claim to the Insti- tute's assets, paving the way to "college" status. 1947 ? Pace Institute achieved non-profit status. 1948 ? The New York State Board of Regents au- thorized Pace to confer the B.B.A. degree, and Pace became a college. The Liberal Arts em- phasis was accelerated. 1957 ? Pace College was accredited by the Middle States Association of Colleges and Secondary Schools. 1958 ? Pace College established a graduate division. 1962 ? The College received a gift of 7 acres and build- ings for a campus in Westchester County. Also, the Advisory Council was formed and the first Leaders in Management Awards were pre- sented. 1963 ? Groundbreaking, building and first classes in Pleasantville. The Graduate School was given full status as an organization within the College. There were 143 full-time and 265 part-time students. Over the next ten years on that cam- pus, gifts and acquisitions produced a campus comprising a dozen major buildings on 200 acres. 1966 ? Groundbreaking for the new Civic Center cam- pus across from City Hall in Manhattan. Cost: $ 17.5 million. The School of Education and School of Nursing were established. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 967 ? Formation of the Edward Corsi Labor- Management Relations Institute. 1968 ? Graduate programs were extended to Pleas- antville. Also, an undergraduate Management program for disadvantaged youth was created with a grant from the Calder Foundation. 970 ? Opening of the Civic Center campus on City Hall Park; 450 students moved into the first dorms on the New York City campus. The Has- kins Laboratories, conducting advanced re- search in biology, joined the College. 1972 ? Establishment of the first doctoral program, Doctor of Professional Studies in Management. 1973 ? Pace became a university, by action of the New York State Board of Regents. The Active Re- tirement Center was established with the ap- peal, "Retire to a University." The Graduate School of Nursing was transferred from New York Medical College to Pace University. 1974 ? The Graduate Management Program for Women was initiated, with a grant from the Mellon Foundation. The Institute for Sub/Urban Governance was created through a grant from Lecture hall, Civic Center campus, New York City, 1980. the Gannett Foundation. A grant from the Kenan Trust made possible awards for faculty research and development. 1975 ? A consolidation agreement was announced by Pace University and The College of White Plains. 1976 ? Groundbreaking for the Joseph and Bessie Gerber Glass Law Center, on the White Plains campus. The first students were enrolled in the Pace University School of Law, using modern- ized Preston Hall. Also, the Pace Midtown Center opened in Manhattan. 1977 ? Pace University acquired the Briarcliff College campus in Westchester County. 1979 ? Formation of the Campaign Leadership Com- mittee for $50 million capital development d rive. 1980 ? Pace University: eight schools, five locations, three campuses, 24,500 students, 1,200 faculty. Growing in size and excellence. 9 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 PACE and the Professions Alt shows in her face: the pleasure of fully-developed competence in a chosen profession. Pace nursing stu- dents receive clinical experience in more than 40 medi- cal settings in the area. 00, Psychological research in biofeedback. Pace was the first university authorized by the New York State Board of Regents to offer the Doctor of Psychology degree. The first specialty will be in School and Community Psychology. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 There is no higher calling or more demand- ing role for a university than to enable succes- sive generations of students to develop the knowledge and skills necessary for lives of community and professional service. Nursing, law, education, psychology, accounting, sci- ence and public administration all have their basis, their continuity and progress in the academic setting. Pace University, interacting with the professional communities outside its walls, offers excellent preparatory and/or pro- fessional programs in all these fields. Dyson College of Arts and Sciences, with some twenty units of specialty offered among the five Pace locations, spans undergraduate and graduate levels of training. It offers more different credit hours than any other school at Pace. As the locus of fundamental under- graduate courses, advanced programs and service courses for other Pace schools, Dyson College is the broad foundation of the liberal arts and sciences. The programs that prepare students for entry into advanced professional Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 5 ''Whether the subject of study is a newborn or a com- puter, professional understanding may not always come easily. The Pace M.S. in Information Science emphasizes software engineering. study of law and medicine (including veteri- nary medicine and dentistry) equip Pace stu- dents well for the competitive rigor required of them. For their benefit, Dyson College pro- vides a successful mixture of knowledge, method, and academic career guidance. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Sometimes professional progress begins with a shovel. Here, Mrs. Bessie Gerber Glass breaks ground for the Law Center made possible by her gift. She seems to need no help from (left to right) Dr. Mortola, Governor Carey, Dean Robert Fleming, or Dr. Charles Dyson. Below, the finished building provides a perspective on the striking contrasts of progress on the White Plains Campus. More than 700 students pursue the study of Law at the Center. Beyond basic undergraduate programs, there are a number of opportunities for spe- cialized training. The innovative Master of Pub- lic Administration program, the new Doctor of Psychology degree, and the respected course leading to the Master of Science in School Psychology or in Educational Adminis- tration and Supervision, all are examples of the diversification taking place in Dyson Col- lege and throughout Pace University. In a re- cent development, Dr. Charles Dyson en- dowed a special chair (the Edward J. Mortola Professorship) to focus study and research upon ethical behavior and values in public pol- icy and professional life. The School of Education trains teachers in all traditional curricular specialities, prepares administrators for their complex duties, and even runs special courses for classroom paraprofessionals. It has founded and run nursery schools on its New York and Pleas- antville campuses. The Lienhard School of Nursing continues to expand the range of baccalaureate and ad- vanced program specialities. The Pace Uni- versity School of Law, flourishing in its beauti- ful new facility in White Plains, is finding excit- ing points of interaction with other schools of Pace. Joint degree programs in Law and Busi- ness, for example, and the recently estab- lished Municipal Law Resource Center (White Plains) are receiving favorable recognition. The latter is the product of cooperation between the Law. School and the Institute for Sub/Ur- ban Governance (Pleasantville), which itself is a successful product of Pace innovation. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Working Partnerships Throughout its period of rapid develop- ment, Pace has maintained broad and fre- quent contact with professionals who help to interpret the changing needs of their fields for new talents and trained individuals. With a sense of mission, and with energy and imagi- nation, Pace University has responded. llll~ The Pace Little School in New York, a nursery school on a rooftop, provides a laboratory of a different sort. VChemistry, one element in the training that has enabled 90% of Pace University pre-meds to gain acceptance to medical schools of their choice. Illo- Dr. Seymour Hutner, Haskins Professor Emeritus of Biology, Haskins Laboratories. The lab has achieved recognition for the applications of protozoology in protein assay, researching the means to combat parasitic disease. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 PACE and the World of Business Business training has become a source of national and even international reputation for Pace University. The Pace approach, which began with one class of four accounting stu- dents almost 75 years ago, has diversified and grown precisely because the University defines itself literally as a working partner with American enterprise. In 1980, some 6,570 students are enrolled in degree programs of the Lubin School of Business Administration. And the Graduate School of Business has 4,400 students, more than any other university granting the MBA in America! These numbers are the more re- markable in light of the fact that admission re- quirements and the rigor of Pace programs increase year to year. What, then, is the special formula that has brought Pace to the forefront of business train- ing? Not a formula at all, really, so much as an ability to anticipate changing needs and to in- novate, bringing new programs to life at the right time. Pace leaders maintain close dia- logue with effective managers in the public and private sectors, mapping the shifting complexities and emerging requirements of managerial success. Pace finds creative ways to meet those needs - defining new courses and sometimes new means of delivery. Con- temporary problems of international business, for example, and the latest computer tech- niques in management have stimulated cur- ricular responses at Pace. Always, there is an emphasis on the practical, the application of theory to the enhancement of day-to-day skills on the job. About 80% of the students in the Graduate School of Business hold full- time jobs. Even in scheduling, Pace starts with the realities that face students. There are classes before work, after work, and during lunch hours, as needed. Classes meet on all Pace campuses, to be sure, but Pace also has pioneered a unique plan in which the Execu- tive M.S. Program is taught right on the prem- ises of AT&T. The partnership between Pace University and the business community has produced exciting benefits to both. Pace-trained man- agers serve their employers well. Working ex- ecutives join teaching ranks and advise in the creation of superb programs of training. Stu- dents in the classroom experience an atmosphere of diligence, variety and lively ex- change. Often they comment on an intangible spirit that pervades teaching and learning. Given a name, it can be called the "spirit of professionalism." Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 A The Lubin School offers major departmental areas of business specialization in Accounting, Finance and Man- agement, Law, Marketing, Real Estate and Insurance, and Taxation. There is no better career-oriented Accounting program in the country. In the recent CPA examination, 55,000 candidates took the test across the country. The 65 who scored highest received the Sells Award. Two of these were from New York, and both were Pace students! VThe Pace Graduate School of Business has responded creatively to the internationalization of American busi- ness. It has been active in establishing exchange pro- grams with foreign schools. In 1980, ten students and eight professors from abroad are working at Pace under these programs. Brazilian students attend intensive Eng- lish language classes in preparation for enrollment in demanding courses. Faculty members from Strathclyde University are back in their classrooms in Scotland after spending a summer in Pace graduate classes in New York and Westchester. m Vill Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Ain 1979-80, Pace has greatly accelerated its develop- ment of career counseling and placement services for business students. Experienced, full-time staff advise students and host meetings with recruiters. Faculty ad- visors devote time to helping students make good choices. VThe Graduate School of Business offers 18 programs of study leading to the master's degree. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 The Pace EXECUTIVE MBA PROGRAM is scheduled so that working managers can com- plete the MBA degree in 20 months. Candi- dates attend one full day of classes each week, alternating between Fridays and Saturdays. To help these promising executives prepare for larger responsibility, Pace provides a kind of training not normally encountered on the job or in the university setting. Professors with practical management experience foster academic renewal in economics, financial planning, management theory, and the behav- ioral sciences as they affect management. No time is wasted. Even lunch time is used as learning time, in which distinguished lecturers are invited to speak. The Executive MBA Program has demon- strated its value to more than 100 companies which have sponsored their employees at Pace. They include Citibank, General Foods, General Telephone and Electronics, Johnson & Johnson, Nabisco, Port Authority of New York and New Jersey, New York Telephone and Xerox. ? Some 36% of the graduate students of business are women. Five years ago, the comparable figure was 15%. ? Entering students in master's programs have an aver- age of 7 years of business experience and, in the doc- toral program, about 18 years. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 The DOCTOR OF PROFESSIONAL STUDIES DEGREE program in Management is a Pace innovation which has no counterpart elsewhere. It is a special program to satisfy the needs of the experienced executive who holds an appropriate master's degree, but who seeks to broaden formal knowledge of management, organizations and changing patterns in society. Each participant's sequence of study is tai- lored to his or her experience and needs. Seminars encourage executives to share ex- perience and perspectives in the rigorous process of mastering modern theory and up- dating skills in the fundamental tools of busi- ness management. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 The challenges and opportunities of busi- ness are global, and coursework in interna- tional business now is required for most stu- dents in the Graduate School of Business. Students and faculty are exchanged in a coordinated program with foreign universi- ties. Here, Dean Bonaparte (right) of the Graduate School of Business, discusses plans with Dr. Jose Papa, Jr., President, Regional Council of SENAC, State of Sao Paulo, Brazil. Below, Associate Dean William Welty con- fers with others in the delegation. (Welty, sec- ond from left). A stroll between Pace buildings on the Civic Center campus provides a re- minder that Pace, with close proximity to City Hall and the Wall Street financial district, en- joys a unique and dynamic setting for the study of business. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Economic, social and political change in the national and international spheres translates quickly into challenge for the world of busi- ness, as managers try to anticipate trends and respond to them effectively. The faculty of an institution like face University must remain at the forward point of theory, method, and practical knowledge - then bring energy and skill to the matter of helping students to learn. The success that Pace enjoys in business edu- cation starts here, with a dynamic, committed faculty. ? In the Graduate School of Business, full- time enrollment increased 18.4% in 1979. ?Thirty-one new faculty members have joined GSB in the last five years; 9 were ap- pointed in 1979 alone. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 PACE Faculty arxiShiclerrts In size and diversity, Pace has crossed an intangible line during the last few years. It has become a large institution. Yet, by design it has avoided the least attractive aspects of its new status while exploiting fully the academic benefits that come with larger scale. Size has brought improved facilities and distinguished faculty. It has allowed the creation of excellent new programs of study. Yet, it is important to note that with growth Pace has not permit- ted itself to become impersonal. The essential partnership that has con- tributed as much as any other to the growth of Pace University is the relationship between faculty and students. Pace attracts a special kind of student body. Special because it is varied, from recent high school graduates to mature business executives. Special be- cause, more than in many student bodies, Pace students are sharply focused and moti- vated toward chosen careers in the "real world." Special because so many of them are earning their own way, and care so much to perform to their limits. They come here for business, law, science and pre-medical training, nursing education, or simply for the personal enrichment that supervised study can bring to adult life. They are distinguished by their attitude toward academic opportunity. Pace faculty, some 1,200 strong, also bear a special attitude toward the 24,500 students in the University. They care about their stu- dents personally. The result is a partnership in which interaction is rich, and in which friendship and respect augment the teaching and learning process. In the Dyson College of Arts and Sciences, there are about 160 full-time faculty (and 350 part-time) working in some twenty units of specialty in five locations. The student population has grown from 1,370 baccalaureate matriculants in 1976 to 1,750 in late 1979. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Pace students have distinguished themselves by pro- ducing published research in science, psychology and mathematics, creating fine documentary films, winning national debates and model UN competitions, publishing an award-winning student newspaper, and achieving a 90% acceptance rate to medical schools of their choice. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Workinq Partnerships Number 1 carries for the number one team. Pace Uni- versity won its conference championship in 1978 and 1979. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 PACE and its Community New York City Hall, directly across the street from the Civic Center campus, is close enough to allow public of- ficials to participate in Pace programs easily. Below, Mayor Koch speaks at an Economics confer- ence at Pace. Among the other speakers, Theodore Kheel, labor mediator (seated at left). Pace has been called "indigenous," and the description is an apt one. The institution took root and matured as an essential, harmonious element of the New York City and Westches- ter County communities. Pace University, perhaps more than most, remains attentive to the priorities of various constituencies - busi- ness institutions and public servants, educa- tional and health care organizations, the legal community, the young and the more mature, non-traditional students who need a special introduction to university work, minority group students, and practicing professionals in need of academic renewal. University College is a flexible response to students who enter coursework with special needs for orientation to academic work, or who need certain coursework but are not seeking degrees. The Bachelor of Professional Studies Program gives Pace an organized means of working with employees who, with the cooperation of their employers, are ready to enhance skills related to their jobs. The Challenge to Achievement at Pace Pro- gram provides opportunity to those who otherwise could not qualify for enrollment. The Open Curriculum Program allows the very capable student to pursue a "custom- ized" program, which often means avoid- ing coursework in areas he or she has already mastered. 4 The Pace Active Retirement Center invites senior citi- zens to "retire to a university." Study and recreation can give new meaning to life for this segment of the commu- nity. Pace faculty and guest lecturers speak at weekly "Lunch and Learn" programs offered to the community at large. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 The Associate Degree Program provides opportunity for such cooperative relationships as the one that has developed between Pace and the National Council of Negro Women. For lawyers, educators, nurses and public of- ficials in New York and Westchester, there are special courses, seminars and conferences by which they may advance their skills. In West- chester County, the Institute for Sub/Urban Governance works with County government to provide professional meetings and archival resources to help local government to focus on issues pertinent to good public service. Further, it brings the attention of commerce, industry and the professions to the political realities and importance of local government. From the White Plains campus, Pace reaches out to its community in a growing number of ways. An example is the Center for Religious Studies, which operates programs for students and members of the community who are interested in the study of religious values. The Center sponsors programs and speakers representing a wide range of relig- ious thought. There are programs of Continuing Legal Education designed by the Law School in White Plains, special learning experiences for practicing school administrators and super- visors, and a Reading Center that works cooperatively with the schools of New York and Westchester to promote better teaching and learning in this most basic subject for children. - Under top-flight leadership, special programs open an entry point for minority and other students who might not otherwise qualify. Indigenous, but not passive. Pace takes ac- tive part in bringing education to bear on the business of moving society forward. This partnership with New York City and with Westchester County is the value and strength of Pace University. AThe annual President's Reception (this one in Briarcliff) brings more than 1,100 faculty and friends of Pace Uni- versity together in a festive atmosphere. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Financial Perspectives, 1970-1980 For all the expertise they represent in many fields, colleges and universities are not neces- sarily skillful managers of their own financial resources. Pace University has a record to demonstrate that it has performed well in this important matter. The decade of the seventies, a time of growth for Pace in the midst of great financial challenge, may be regarded with pride by Pace administrators and supporters. Consider the following facts about the last decade: ? NUMBER OF STUDENTS ENROLLED FOR CREDIT- INCREASED 96%. ? NUMBER OF STUDENT CREDIT HOURS DELIVERED - INCREASED 78%. There has been a growing demand, then, for the University's services, a rate of growth that might prove heart-warming for any in- stitution. Pace University does depend on tui- tion and fees for 90% of its operating money. But, in the same period, growth has exceed- ed the increase in student revenues. While the University has more than doubled its physical plant to accommodate its remark- able enrollment growth, it has remained sen- sitive to student needs, and has managed to contain required tuition increases to levels that have remained below or equal to in- creases in the Consumer Price Index. During the seventies, tuition fees increased 96%. The University's operating budget in- creased 247%, but it has remained in balance. Physical facilities have been expanded to ac- commodate the growth in programs, so that plant values have climbed by $36 million to a level of $64 million. With costs rising even faster than enroll- ment or tuition per credit hour during the Increased Demand for Education at Pace, 1970-1980. Credit Hours Enrollment for Credit Enrollment Total 69-70 204,946 9,671 9,861 70-71 234,776 9,869 10,089 71-72 218,315 10,215 10,465 72-73 218,999 10,622 11,223 73-74 223,862 11,476 12,365 74-75 243,620 12,438 13,156 75-76 268,178 13,936 14,923 76-77 301,460 15,531 16,878 77-78 344,143 17,503 20,159 78-79 363,830 18,985 21,538 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 70-71 71-72 1 72-73 73-74 74-75 75-76 76-77 77-78 78-79 Increases in Demand CREDIT HOURS Increase 78% STUDENTS FOR CREDIT Increase 96% TOTAL ENROLLMENT Increase 118% PERCENT OF CHANGE decade, Pace has been careful not to com- ing faculty are measures not consistent with promise quality of programming and instruc- Pace philosophy. The student-faculty ratio has tion. Holding pay scales down, and/or reduc- been preserved, and the AAUP ranks Pace 25 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 University pay scales in the top 10%, as com- pared to other U.S. schools of similar size and academic offerings. The logical reader, by now, may suspect that endowment is the instrument that has allowed Pace to remain successful. To be sure, there is a constant drive for endowment funds, and they have enabled some developments that could not have been considered otherwise. Still, .. . ? ENDOWMENT REMAINS FAR TOO MOD- EST FOR A UNIVERSITY THIS SIZE - $5.5 MILLION. Increase in Fixed Assets, 1970-1980 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 16.8 11.3 #bS 15.7 Well, then, perhaps the growth has been financed by borrowing. Not to a large extent. Pace borrows very selectively, and for projects that promise to deliver new educational capa- bility immediately. Debt is not a substitute for good management and other forms of capital development, so in fact ... ? PACE LONG-TERM DEBT- INCREASED LESS THAN 29%, TO $21.7 MILLION IN THE DECADE. The last decade stands as testimony to good management of resources - increase in The fixed assets of the University have more than dou- bled since 1970, while long-term indebtedness has in- creased by less than 50%. The University's net investment in plant during this same period went from $11,300,000 to $42,500,000, a positive change of more than 275%. 20.8 1I~.9 24.4 116. 25.9 17.6 34.2 16.3 3 5.6 5 10 15 20 25 30 35 40 45 50 21.7 42.5 55 60 65 O Net Investment in Plant o Long-Term Indebtedness 26 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 ATeam Effort: To maintain Pace University's record of growth and service requires diligence on the part of be- lievers at all levels - administration and faculty, students enrollment, higher costs, preservation of qual- ity, limited borrowing, and more than a dou- bling of fixed assets, the essential capability for future service. Yes, there has been a powerful enabling force not yet mentioned. It is the confidence and generosity of institutions and individuals 8C) and alumni, volunteers and donors. Here, students and alums join forces for the annual Phone-a-thon, seeking contributions from alumni and friends. in the community who have lent direct finan- cial assistance to Pace University. This most concrete expression of partnership has made it possible for good management to return value in good measure to business, to the professions, and thereby to the community. PACE UNIVERSITY- Expanding educational service by professional management of resources. 27 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 A View of the Future Pace University has invested much time in 1978 and 1979 to create a comprehensive ten-year plan. Here are excerpts: "No organization can overcome an obstacle it cannot identify or regularly achieve that which it cannot imagine in advance.... Higher qual- ity is the persistent and overriding goal to which all facets of our long-range plan relate. At the same time, quality is a large part of the means to growth. We mean to improve and diversify academic programs, acquire and build needed facilities, attract the highest qual- ity teachers, researchers and students, and in- crease the effectiveness of our fund raising and development programs. We believe that Pace University can continue to grow and prosper precisely to the extent that it pro- vides better service.... In enrollment, Pace will grow from the present (1978-79 school year) 21,523 students to almost 29,000 by the year 1990.... Our academic programs will continue to cultivate the traditional strengths of Pace University in Business, Accounting and related subjects, while extending its capacities in the Liberal Arts.... We must pro- vide our students with a basis of knowledge in the political, philosophical and economic spheres of their world, and at the same time nurture their talents in artistic, humanistic and scientific endeavors." In the 1980's, Pace will increase its share of the local student market. The Graduate School of Business projects a 26% increase in credit hours; Lubin, 30%; Dyson, 21 %. These increases will be achieved in an environment of somewhat diminished total available stu- dent population. FACILITIES AND STUDENT SERVICES: To im- prove our present service and to accommo- date growth, Pace expects to take a number of steps. Libraries will grow, and the inter- library cooperative system will be completed. In New York, holdings will rise to 500,000 vol- umes in order to support academic diversifi- cation. This will require space, possibly in the form of an addition to the Civic Center build- ing. Much-needed additional faculty offices would be included in any such project. There is need for a new library building in Pleas- antville to house 300,000 volumes and, in blending human and bibliographical re- sources, to provide for faculty and administra- tive offices as well. The construction has been scheduled tentatively for 1983-85. Special services such as those offered by Pace's University College for its 11,000 stu- dents in adult and continuing education will continue to develop. The Open Curriculum Program for gifted students will expand on all campuses. The Speech and Hearing Center and student counseling programs will ex- pand. The Institute for Sub/Urban Governance (Pleasantville) will enrich its programs that are devoted to the continuous education of pub- lic officials, the Law School will develop its seminars, forums and research collections, and the Active Retirement Center will con- tinue to enrich the lives of professionals who have become senior citizens. All this in addi- tion to refining and expanding our offerings in graduate and undergraduate subjects for Lib- eral Arts, Business and the professions. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Plans call for beginning construction on this library in Pleasantville during 1983. It will house 300,000 volumes, and will include additional office space needed on that campus. FINANCIAL DEVELOPMENT: Pace is in the midst of the most intensive capital develop- ment campaign in its history. The University has sustained a rate of growth and momen- tum that now requires expanded financial support. Needed facilities, constantly improv- ing salary and benefits for faculty and staff, higher levels of student aid, and research and experimentation demand funding sources far beyond the capacities of tuition and normal operating income to sustain. The key to carrying out these broad visions of service is endowment. It will be necessary to increase endowment by an average of at least $1.5 million per year for the next ten years! Pace is extremely fortunate to have en- listed the help of the public-spirited leaders named on the next two pages. They have joined the Campaign Leadership Committee in order to help Pace University to finance its vision of still greater service to an expanding constituency. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Campaign Leadership Committee DR. CHARLES H. DYSON, Chairman of the Pace Trustee Development Committee and Chairman of the Board of The Dyson-Kissner Corporation (left). DR. EDWARD J. MORTOLA, President, Pace University (middle). MR. JOHN F. MCGILLICUDDY Chairman and Chief Executive Officer of Manufacturers Hanover Corporation and Chairman of the Pace University Development Fund (right). PACE UNIVERSITY CAMPAIGN LEADERSHIP COMMITTEE Harry B. Anderson, Jr. Vice Chairman (retired) Merrill Lynch & Co. Michel C. Bergerac Chairman and C.E.O. Revlon, Inc. C.W. Carson, Jr. Vice Chairman, Chemical Bank Elliott Averett Chairman and C.E.O. The Bank of New York Robert A. Barton President and Chief Operating Officer, Macmillan, Inc. Arthur E. Biggs Executive Vice President Mobil Chemical Company James O. Boisi Vice Chairman Morgan Guaranty Trust Co. David R. Breien VP, Fin. and Corp. Planning Hoover Worldwide Corporation Vincent P. Brennan Senior Executive Vice Pres. Bloomingdale's Frank T. Cary Chairman of the Board and Chief Executive Officer International Business Machines Corporation Alfred Brittain III Chairman of the Board Bankers Trust New York Corp. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 George Champion Chairman of the Board Economic Development Council of New York, Inc. Thomas B. Hogan Partner Deloitte Haskins & Sells Charles F Jacey, Jr. H. Barclay Morley Chairman and President Stauffer Chemical Company Carl A. Morse Gerald K. Rugger Chairman of the Board and C. C.E.O. Home Life Insurance Company E. Virgil Conway Managing Partner - N.Y. Group Chairman of the Board Robert M. Schaeberle Chairman and President Coopers & Lybrand Morse/Diesel Chairman and C.E.O. The Seamen's Bank for Savings Nabisco, Inc. Robert P Jensen Austin 'S. Murphy Alberto Cribiore Chairman of the Board and Chairman and President William J. Schieffelin III Vice President. IFINT- USA C.E.O. East River Savings Bank Chairman of the Board General Cable Corporation Schieffelin & Co. "john D. deButts Charles V. Myers Chairman and C.E.O. (retired) F Ross Johnson President and C.E.O. Donald V. Seibert American Telephone & Chairman of the Board and Wallace Murray Corporation Chairman of the Board and Telegraph Company C.E.O. C. C.E.O. Standard Brands, Inc. Edward J. Noha J.C. Penney Co., Inc. Harry E. Ekblom Chairman and C.E.O. European Amercan Banking Corp. Vernon Jordan, Jr. President National Urban League. Inc. Chairman of the Boards, and Chief Executive Officer CNA Insurance Companies Richard R. Shinn President and C.E.O. Metropolitan Life Insurance Co. Stephen C. Eyre Robert E. Palmer Comptroller, Citibank, N.A. John L. Kidde Senior Advisor Henry G. Waltemade Vice President. Director of Dean Witter Reynolds, Inc. Chairman and C.E.O. Mario J. Formichella International Operations Dollar Savings Bank of New York Senior Partner - Client Affairs Walter Kidde and Co., Inc. Jane C. Pfeiffer Arthur Young & Company Chairman of the Board Peter K. Warren John W. Larsen National Broadcasting Chairman and C.E.O. Francis M. Gaffney Vice Chairman of the Board Company, Inc. PepsiCo International Partner The Bowery Savings Bank Main Hurdman & Cranstoun Donald E. Procknow Louis A. Weil III Gustav 0. Lienhard President and C.E.O. President and Publisher John C. Haley Chairman of the Board Western Electric Company Gannett Westchester Rockland Executive Vice President Robert Wood Johnson Foundation Newspapers The Chase Manhattan Bank Robert T. Quittmeyer Charles J. Lindsay President and C.E.O. Edwin C. Whitehead James R. Hand President, C.E.O. and Director Amstar Corp. Chairman Former Chairman of the Board Serial Federal Savings and Technicon Corporation and C.E.O. Loan Association Bruno Richter National Bank of Westchester Senior Vice Pres., Gen. Manager John C. Whitehead Joseph I. Lubin Bank of America, New York Senior Partner Walter E. Hanson Principal Partner Goldman, Sachs & Co. Chairman and Chief Executive Eisner & Lubin John B. Ricker, Jr. Peat, Marwick. Mitchell & Co. Chairman and President William S. Woodside Ian K. MacGregor The Continental Corporation President and Chief Operating Andrew Heiskell Honorary Chairman, Amax, Inc. Officer, American Can Company Chairman of the Board Francis C. Rooney, Jr. Time Inc. Ian McDougall Chairman of the Board Senior Vice President Melville Corporation Henry H. Henley, Jr. Inco Limited President John A. Roosevelt Cluett, Peabody & Co., Inc. John K. McKinley Senior Vice President President. Texaco, Inc. Bache Halsey Stuart Shields, Inc. Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Volunteer artners PACE UNIVERSITY BOARD OF TRUSTEES Charles A. Agemian Chairman of the Board Garden State National Bank Arthur P Antin Superintendent of Schools White Plains Public Schools Bernadette M. Bartels Vice Pres., Shaw & Company Aniello A. Bianco Partner, Arthur Young & Co. Lee S. Bickmore Chairman of the Board (ret.) Nabisco, Inc. * J. Robert Bleakley Managing Attorney Bleakley Schmidt, PC. * George L. Bowen, M.D. Emeritus Obstetrician and Gynecologist. Lenox Hill Hosp. David R. Breien VP, Fin. and Corp. Planning Hoover Worldwide Corporation Loretta Carey, R.D.C. Chairman, Advisory Board College of White Plains of Pace University John G. Carolin Manager B. Altman & Co., White Plains E. Virgil Conway Chairman and President The Seamen's Bank for Savings ^ Charles H. Dyson Chairman of the Board The Dyson-Kissner-Moran Corp. Stephen C. Eyre Comptroller, Citibank, N.A. Kenneth W. Fraser Financial Vice Pres. (retired) J.P Stevens and Co., Inc. C. Gerald Goldsmith Investments Walter A. McCadden Comptroller (retired) International Nickel Company William G. Sharwell Vice Pres. - Administration The American Telephone & Telegraph Company Mary Joan Haley, R.D.C. General Superior, Sisters of the Divine Compassion John C. Haley Executive Vice President The Chase Manhattan Bank Thomas B. Hogan Partner Deloitte Haskins & Sells Thomas R. Horton Dir. of University Relations IBM Corporation William E. Humphreys President (retired) Abercrombie & Fitch, Inc. Frances M. Kelly Manager of Special Educational Support Programs IBM Corporation Lydia Essrog Kess Partner, Tax Attorney Davis Polk & Wardwell John L. Kidde Vice President, Director of International Operations Walter Kidde and Company William B. Lawless Partner, Lawless and Crowley Edwin G. Michaelian Dir., Institute for Sub/Urban Governance, Pace University Donald L. Miller Vice President- Personnel Consolidated Edison Carl A. Morse Chairman of the Board Morse/Diesel Edward J. Mortola President, Pace University Edward J. Noha Chairman of the Boards, and Chief Executive Officer CNA Insurance Companies Robert S. Pace President Emeritus, Pace Univ. Everett J. Penny Vice Chancellor (retired) N.Y. State Board of Regents Herbert V. Peterson Vice President, Treasurer and Director (retired) Hartol Petroleum Corp. Carol F Pforzheimer Community Worker Westchester County Francis C. Rooney, Jr. Chairman of the Board and President Melville Corporation Gustav 0. Lienhard Chairman of the Board Robert Wood Johnson Foundation Joseph I. Lubin Principal Partner Eisner & Lubin Anthony J. Marano, M.D. Cardiologist White Plains Hospital * Wayne C. Marks President (retired) General Foods Corporation Robert M. Schaeberle Chairman and C.E.O. Nabisco, Inc. Michael Schimmel Senior Partner (retired) Michael Schimmel & Company William Shaw Chairman and President Volt Information Sciences, Inc. Edward L. Steiniger Chairman of the Board and Chief Exec. Officer (ret.) Sinclair Oil Corporation James P Stewart President (retired) DeLaval Turbine, Inc. John V. Thornton Senior Vice Pres.-Finance Consolidated Edison Company Keith Urmy Board of Trustees New York Medical College Charles J. Urstadt President Pearce, Mayer & Greer Warren D. Watts General Manager Sears Roebuck & Company White Plains, New York Ivor A. Whitson President, American Elsevier Publishers, Inc. Honorary Trustee Emeritus Trustee Emeritus Chairman Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 University Administration EDWARD J. MORTOLA President J. S. SCHIFF Executive Vice President DAVID R. BREIEN Treasurer ROBERT E. CHRISTEN VP, Pleasantville/Briarcliff PETER W. FAZZOLARE VP for Operations EDWARD B. KENNY VP, The College of White Plains GEORGE F.KNERR VP for Planning and Administration PAUL MAGALI VP and Chief Financial Officer MIRIAM MORAN VP for Admissions PHYLLIS MOUNT Secretary and Registrar STANLEY H. MULLIN VP for University and Community Relations EWALD B. NYQUIST VP for Academic Development 1. WILLIAM NYSTROM V.P, Executive Assistant to the President THOMAS P ROBINSON VP for Academic Affairs Pace University admits, and will continue to admit, students of any sex, handicap, race, color, national and ethnic origin to all rights, privileges, programs and activities generally accorded or made available to students at the school. It does not, and will not, discriminate on the basis of sex, handicap, race, color, national and ethnic origin in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs. DESIGN: M. TELGMANN PRODUCTION: MEDIA MATRIX, INC. T. H. BONAPARTE Graduate School of Business FREDERICK B. BUNT School of Education ROBERT B. FLEMING School of Law JAMES HALL University College JOSEPH E. HOULE Dyson College of Arts and Sciences JOSEPH M. PASTORE Lubin School of Business MARJORIE RAMPHAL Lienhard School of Nursing Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2 PACE ..90 UNIVERSITY Approved For Release 2009/04/30: CIA-RDP05T00644R000301090019-2