Joe Giglio Jr., chairman of the ÎÚÑ»ÊÓƵ at Lafayette Foundation Board of Trustees, issued the following statement on the death of Dr. Ray P. Authement, ÎÚÑ»ÊÓƵ president from 1974 to 2008.
The invests and manages private gifts to the ÎÚÑ»ÊÓƵ.
During Dr. Authement’s tenure, the ÎÚÑ»ÊÓƵ 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 ÎÚÑ»ÊÓƵ.
Giglio’s statement follows.
The UL Lafayette Foundation Board of Trustees joins the ÎÚÑ»ÊÓƵ community in remembering the life and legacy of Dr. Ray P. Authement.
Dr. Authement was a farsighted and responsible steward of the ÎÚÑ»ÊÓƵ’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 ÎÚÑ»ÊÓƵ.
This was his guiding principle throughout this tenure. Donors and friends understood that, and they wanted to support the ÎÚÑ»ÊÓƵ because they knew every decision he made was focused on the future – both of the institution and of the community that it served.
This ÎÚÑ»ÊÓƵ 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.