Ë÷Äá×ÊÔ´Íø Foundation: Authement a 'farsighted and responsible steward'

Published

Joe Giglio Jr., chairman of the Ë÷Äá×ÊÔ´Íø Foundation Board of Trustees, issued the following statement on the death of Dr. Ray P. Authement, Ë÷Äá×ÊÔ´Íø president from 1974 to 2008.

The invests and manages private gifts to the Ë÷Äá×ÊÔ´Íø.

During Dr. Authement’s tenure, the Ë÷Äá×ÊÔ´Íø increased its gifted and pledged assets from about a half million dollars to more than $150 million. Authement also oversaw the Investing in Our Future Campaign, which raised $100 million for the Ë÷Äá×ÊÔ´Íø.

Giglio’s statement follows.

The UL Lafayette Foundation Board of Trustees joins the Ë÷Äá×ÊÔ´Íø community in remembering the life and legacy of Dr. Ray P. Authement.

Dr. Authement was a farsighted and responsible steward of the Ë÷Äá×ÊÔ´Íøâ€™s gifted and pledged assets who believed that the economic and social health of this community was in direct proportion to the wellbeing of the Ë÷Äá×ÊÔ´Íø.

This was his guiding principle throughout this tenure. Donors and friends understood that, and they wanted to support the Ë÷Äá×ÊÔ´Íø because they knew every decision he made was focused on the future – both of the institution and of the community that it served.

This Ë÷Äá×ÊÔ´Íø was fortunate to have had him as its president. And this community was fortunate to have had him as its friend.

The Board of Trustees and I offer condolences to Mrs. Barbara, Julie and the entire Authement family.