EVENT SUMMARY: FORUM

The following article summarizes the original event which is listed below the summary.

Proudly advocating for his alma mater

Tue, October 12 2021, 9am
 

At our October UMRA A.M. event, Regent Emeritus Richard Beeson presented his reflections on his 12 years on the Board of Regents and his two years as chair. In a remarkably thoughtful and candid talk, he told us about his most important initiatives during his period on the board, and his concerns for the future of the University. He emphasized how his time at the University as an undergraduate influenced his development and career, ultimately leading him to become one of the leading advocates for his alma mater.

A banker for most of his professional life (currently with Sunrise Banks in St. Paul), Beeson said he concentrated on the business side of the University, hoping to use his experience and skills as a small businessperson to enhance the University’s finances and organizational acumen.

He said he appreciated the University as an academic institution and its governance structure, which heavily involved the faculty. His goals were to enhance access to the University for high school students from all over the state, and to foster the faculty and staff who provided such excellent teaching. He was in favor of enhanced pay for all University employees.

A way to talk about—and measure—progress

Beeson was most proud of his efforts to establish metrics for the University. The University of Minnesota Progress Card first approved by the Board of Regents in 2015, is a comprehensive set of measures and goals such as graduation rates, institutional aid to students, research and development, and employee engagement to guide the development of programs and administration at the University. These measures, geared toward change over a five-year period, are still in use and provide a way to talk practically about progress.  

Second, he took some credit for driving the discussion about administrative cost savings while, at the same time, insisting on operational excellence. During this time, the U committed to a goal of saving $90 million in administrative costs. The goal was achieved during the Kaler administration and provided funding for academic programming.

Third, he energized a new emphasis on the Medical School and research funding. Beeson noted that the Medical School accounted for 40 percent of the University budget but received around 5 percent of the board’s time. He brought to the board more oversight of these functions, delving closely into the relationship with Fairview to assure that it provided additional funding for the Medical School.

Among his aspirations for higher education in Minnesota, he suggested a governor’s commission to study and align mission, capacity, and demand at higher education institutions throughout the state. He also suggested more focus on “forever issues” at the University, including access and excellence, administrative costs, constitutional autonomy, and a few others. He is a supporter of intercollegiate athletics, but firmly believes that it must operate on a balanced budget and not draw resources from the rest of the University.

His talk was followed by a question and answer session moderated by UMRA member Karen Schanfield. It was a lively session that included discussion of how regents are selected. Beeson noted that all systems for choosing regents have flaws but said ours has produced reasonable results. He encouraged our members to consider applying for membership on the Regent Candidate Advisory Council.

—Bill Donohue, UMRA past president 2019–20

Event recording
Click on , then    to view recording in full screen.

 


 


FORUM

Regent Emeritus Rick Beeson to speak on the state of the University and the Board of Regents

Tue, October 12 2021, 9am
Rick Beeson
Regent Emeritus
University of Minnesota

Location
Event to be held via Zoom.
 
 

UMRA is pleased to welcome Regent Emeritus Rick Beeson as our guest speaker for UMRA A.M. on Tuesday, October 12. He will speak to us on the current state of the University, share his reflections on his time as a member and chair of the Board of Regents, and discuss future challenges for the University and the Board.

We expect he will also speak about the University’s response to the COVID-19 pandemic, and comment on the selection process for new regents. He will take your questions about the University, and, I expect, say a few things about intercollegiate athletics, too. 

Please register to attend this Zoom webinar on October 12.

Regent Emeritus Beeson served on the Board from 2009 to 2021. He was chair of the Board from July 2013 to June 2015, and chaired every major committee of the Board, most recently the Litigation Review Committee from 2019 to 2021. It is fair to say that he was a major force in all important decisions during his time on the Board. He is trusted and respected by all.

An extraordinary resource
Beeson was for 20 years the president and chief executive officer of Park Midway Bank in St. Paul, and currently serves as executive vice president for corporate development and government relations at Sunrise Banks. Prior to his work at Sunrise Banks, he was employed with the City of St. Paul Department of Planning and Economic Development.   

He has been involved in numerous civic organizations, including serving as the chair of the St. Paul Area Chamber of Commerce and the Central Corridor Light Rail Transit Partnership. He holds a BA in political science from the University of Minnesota and an MBA from the University of St. Thomas. 

Regent Emeritus Beeson is an extraordinary resource on virtually all things related to the running and administration of the University. Please register for this Zoom webinar and join us at 9 a.m. on Tuesday, October 12, to hear from this incredible public servant.

—Bill Donohue, UMRA past president 2019–20



Upcoming Events

Event Date: July 26, 2024, at 2pm

Erik Larson’s non-fiction narrative recounts the struggles of middle-class University of Chicago, Professor William Dodd, was appointed as U.S. ambassador to Germany during the rise of Hitler and the Third Reich. Dodd not only had to deal with the threats to democracy, but his thriftiness was criticized by State Department officials who mainly came from wealthy elite families. In addition, Dodd’s daughter began dating Nazi officials.


Event Date: August 5, 2024, at 9:30am

Our August 5 hike will be a reprise of our hike last summer at William O'Brien State Park.  This is a beautiful park with a winding trail and a great view of the countryside.  The hike is about 5.5 to 6 miles and we'll go at a moderate pace with frequent water breaks.  After the hike, we will eat lunch at Rustic Roots Winery, a half mile north of the park. 


Event Date: August 16, 2024, at 2pm

Kathy Cramer will lead the discussion of The Bookbinder by Pip Williams, a book set in 1914 Oxford chronicling the life of Peggy who works in the University bindery, but craves a life beyond binding books but to being a scholar herself.


Event Date: August 28, 2024, at 5:30pm

Enjoy a two-hour cruise on the Jonathan Padelford, leaving from the Harriet Island dock in St. Paul, boarding time at 5:30 p.m. We will have a brief program on board by Patrick Nunnally from the River Life Program of the Institute on the Environment.


Event Date: August 31, 2024, at 11:59pm

August 31 is the due date for annual reports and updates.  Annual Reports, Toolkits, web page updates, operating document updates and archives collections are all due each year on this date.


Event Date: September 10, 2024, at 10:30am

Autumn is a wonderful season in Minnesota so plan to join UMRA at the Andersen Horticultural Library at the Minnesota Landscape Arboretum. Kristen Mastel, head librarian and curator, will reveal its treasure trove of publications and artifacts relating to plant history, horticulture, and natural history. After the tour, those who are interested may stay to eat lunch together, sitting outside if the weather is nice. Later, you are invited to a one-hour tram tour of the entire Arboretum that includes natural areas of flowering shrubs, bogs, and forests, family garden and landscaping showpieces, and the red barn farm


Event Date: September 10, 2024, at 12:30pm

After a summer break the UMRA Photo Club will next meet September 10, 2024 in the meeting room of the Hennepin County St. Anthony Branch Library. For those interested in lunch, meet at the Great Dragon at 11:30 am. For September the THEME will be Curves


Event Date: September 16, 2024, at 10am

We will continue to discuss the pros and cons of Medicare Advantage.  You will also hear about notable non-health plan and non-broker resources.


Event Date: September 30, 2024, at 10am

Topics relevant to managing investments in retirement.  By David Foster, CFP©, CRPC©, CRPS©


Event Date: October 13, 2024, at 9am

This trip begins in Madrid and ends in Barcelona with stops 3 cities in between. International round trip airfare from NYC is included in the quoted price. See the attached a copy of the e-brochure with highlights and complete itinerary.  Register by May 1.