Julia Irene Kauffman and Michael Schultz elected to Kauffman Foundation Board

Media contacts:
Barbara Pruitt (816) 932-1288, bpruitt@kauffman.org
Wendy Guillies (816) 932-1046, wguillies@kauffman.org

KANSAS CITY, Mo., (February 20, 2012) – The Ewing Marion Kauffman Foundation today announced that local civic and business leaders Julia Irene Kauffman and Michael Schultz have joined the Foundation's Board of Trustees.

"It is with great pleasure that I welcome Julia Irene and Mike to the Kauffman Foundation Board," said Thomas McDonnell, chairman of the Board. "Both of these outstanding individuals bring a wealth of expertise in business, civic matters and philanthropy, and each will contribute to Ewing Kauffman's legacy in meaningful ways."

Julia Irene Kauffman is chairman and CEO of the Muriel McBrien Kauffman Foundation, which focuses on support of the performing and visual arts in the Greater Kansas City area. In 1995, she was designated chairman of the Board of the Kauffman Center for the Performing Arts and spearheaded the effort to build the Center, which opened in downtown Kansas City last September. Her civic and philanthropic activities include the Kansas City Symphony Foundation Board of Directors, the Lyric Opera of Kansas City Board of Directors, and chairmanship of the Kansas City Ballet Board of Directors. She previously served on the Board of Trustees of the Nelson-Atkins Museum of Art and as a Trustee of the University of Missouri-Kansas City Conservatory of Music and Dance. Her diverse community and personal interests include serving on the Kansas City Royals Baseball Club Board of Directors since 1997 and as a member of the Executive Board of the Heart of America Council/Boy Scouts of America.

Kauffman has received numerous awards and honors for her philanthropic work. She was recognized by the Downtown Council of Kansas City with the J. Philip Kirk, Jr. Award for Community Vision and Downtown Stewardship. The UMKC Henry W. Bloch School of Management Council for Entrepreneurship and Innovation named her the 2011 recipient of the Marion and John Kreamer Award for Entrepreneurship in Volunteer Community Service, and she was named the 2011 Outstanding Kansas Citian by The Native Sons and Daughters of Greater Kansas City. In 2007, the Kansas City Council on Philanthropy recognized her as the Philanthropist of the Year.

"This foundation is my father's legacy, and I am so honored to have the opportunity to be a part of it," said Kauffman. "I have watched with pride as it has grown over the years in its impact and its influence. To now be in a position to help guide the Foundation into the future is a commitment I will take very seriously."

Michael Schultz is senior vice president of Morgan Stanley Smith Barney in Kansas City, which he joined in 2008. With a 40-year career in the investment and financial services industry, his previous roles included managing director of Sales for UBS (2000-2008), managing director of Sales for Piper Jaffray (1990-2000), director of Trading/Sales and member of the Management Committee for George K. Baum & Company (1980-1990), and manager of the Institutional Department for Merrill Lynch (1969-1980).

Schultz also has extensive experience serving on nonprofit boards. He is the immediate past president of the Jewish Community Foundation of Kansas City and also serves on the Board of the Kansas City Symphony Foundation, where he is treasurer. From 1995 to 1999, he served on the Board of Blue Cross and Blue Shield of Kansas City. From 2005 to 2009, he served on the Board of the University of Kansas Medical Center Research Institute.

"The Kauffman Foundation does so much good in our community and nation. It is a privilege and an honor to serve as a Trustee," said Schultz. "I look forward to becoming more involved in the Foundation's work in education and entrepreneurship and helping foster even greater impact."

Kauffman and Schultz join Jeannine Strandjord as new Kauffman Foundation Trustees. Strandjord, a former Sprint executive and member of numerous corporate and nonprofit boards, was elected to the Foundation's Board in January.

Departures

After providing a total of 18 years of service to the Foundation, Siobhan Nicolau has stepped down from the Kauffman Board. Nicolau was an advisor to Ewing Kauffman as he formed the Foundation and served on the Board for the first time from 1993 to 2002. She rejoined the Board in 2003. Ramon de Oliveira, who chaired the Foundation's Investment Committee and was an instrumental leader during the financial crisis that began in 2008, also retired from the Board after serving for 6 years.

"We are extremely grateful for Siobhan and Ramon's stewardship and leadership," said McDonnell. "Their knowledge and commitment have helped the Foundation immensely, and we are a stronger organization because of their contributions."