2. Dear Friends,
As I reflect on this year of our work, I
am pleased to say that during a year
of transition, the Economics Center
has set the stage for increasing
its impact in the community. We
have welcomed Dr. Julie Heath
as our new Director. Julie’s work
with the Center’s dedicated staff
Sean V. McGrory
and with our committed trustees
has strengthened this organization and positioned us for
tremendous growth. This year, our accomplishments include
training 650 educators in our professional development
courses and reaching over 12,000 students who benefited from
our Center’s economic and financial education programs. The
Research and Consulting team of the Center has worked with
high profile clients in our business community, and introduced
a more custom and sophisticated approach to our client reports
which now include infographics and easy-to-read summary of
research findings.
Mission
We would be remiss in not highlighting the 35 years of visionary
leadership of our founding director, Dr. George Vredeveld,
who stepped down from this post this year. He has built this
organization into the premier organization for teaching of
economics and personal finance to elementary and high school
students and teachers. What sets us apart is the way in which we
conduct our work. We are dedicated to building partnerships
with those who benefit from our work. This organization is a
tremendous legacy of George’s work in our community. Under
George’s leadership, our research division became the leading
provider of economic data and analysis.
On behalf of the Board of Trustees, I would like to thank those
who gave their time and talent to help us make an impact. We
appreciate philanthropic investments of our donors. It is their
trust and support that are critical for the sustainability of our
work. I would like to recognize the University of Cincinnati
and the Carl H. Lindner College of Business for its academic
leadership. Finally, I would like to acknowledge the commitment
of the Center’s staff.
I look forward to the year ahead as we focus on building and
educating the next generation of leaders, creative thinkers,
informed consumers, and smarter employees.
THE ECONOMICS CENTER IS THE REGION’S NUMBER ONE
RESOURCE FOR ECONOMIC AND FINANCIAL EDUCATION AND INFORMATION.
Community Need
Economic and financial literacy is critical to the health of the
economy and to corporate profitability. Students attending
K-12 classrooms are the future economic drivers. The Center
works to educate students and teachers, helping to build
a future workforce through comprehensive and relevant
economic and financial education.
Our MissioN
As a thought leader in the community, the Economics Center
provides the knowledge building blocks for a stronger
economy through economic education and research. Our
student-based programs, interactive tools and professional
development improve the economic and financial literacy of
school children and young adults. Our research and consulting
empowers business and civic leaders to make informed policy
and economic development decisions.
Engaging Students,
Empowering Educators,
Equipping Decision Makers
through the Knowledge
of Economics
Our Impact
2011-2012 Highlights:
Engaged 6,529 students, grades
4-12, throughout the state in the
Stock Market Game; teaching
the basics of investing, risk and
diversification.
Enhanced the economic education
of 5,597 elementary students
from 37 local elementary schools
in Student Enterprise (StEP). Over
2,800 students from the Cincinnati’s
urban neighborhoods participated
in this entrepreneurship program.
Enrolled 32 local high school juniors
and seniors in the Today’s Learners,
Tomorrow’s Leaders (TL2) summer
program, a rigorous, college-level
Microeconomics course.
Offered 40 different professional
development teacher training
courses, for grades K-12, reaching
over 650 educators and selling 873
graduate credits.
Completed more than 30 Research
and Consulting projects for local
and regional clients in the public
and private sectors, totaling nearly
$450,000 in revenues.
3. Community Impact: Engaging Students
Student Enterprise Program (StEP)
Stock Market Game
StEP equips students with 21st century skills: creativity, entrepreneurship, criticalthinking, innovation, and financial responsibility. This incentive-based program
encourages students to set up mini-economies in their school and to learn how to make
responsible money- management choices through hands-on lessons in spending, saving,
and investing. As a result of this program, students’ attendance increases, students’
attitudes improve, and learning of economics and personal finance is enhanced.
The Stock Market Game is an online simulation that allows students to manage and invest
a virtual portfolio of $100,000. For ten weeks, students compete against other teams to
build and manage the best-performing portfolio. A few accomplishments:
A few noteworthy highlights from the year:
Luxottica, Klosterman Bakery, WesBanco, and Fifth Third each adopted a StEP
elementary school and helped carry out the program’s activities. Community
partnerships have become critical to StEP’s sustainability and have allowed the
Center’s staff to expand StEP to additional schools.
In May, the 6th annual Market Madness took place at the University of Cincinnati.
More than 900 StEP students from 16 local schools came together to advertise,
buy, and sell 26 different products from their businesses. This year, the program
emphasized service-learning. Students collectively earned $4,897,251 StEP dollars
and donated 5 percent of their earnings to the Freestore Food Bank, the Ronald
McDonald House, and eight other local charities.
D
uring the fall game, the Economics Center partnered with US Bank to engage
students in Princeton High School. US Bank employees served as classroom speakers.
Students presented their investment portfolios to US Bank’s professionals.
I
n May, the Center hosted the 3rd annual regional Portfolio Challenge where top
teams competed for a chance to win a trip to New York City, generously sponsored by
Ohio National Financial Services, to visit Jennison, Lazard and Goldman Sachs. Over
160 students attended the Portfolio Challenge and students from Cincinnati Country
Day and Cincinnati Christian School won the competition.
Today’s Learners, Tomorrow’s Leaders (TL2)
In June, 32 high school students participated in the Center’s three-week, highly
competitive, Today’s Learners, Tomorrow’s Leaders (TL2) program. Each student completed
a rigorous, college-level Microeconomics course. This unique course blended classroom
instruction with real-world application of microeconomic concepts as students visited
local businesses such as Procter & Gamble, Citibank and Luxottica.
4. Community Impact: Empowering Educators and Equipping Decision Makers
Educator Professional Development
Research & Consulting Division
The Center’s teacher training program increases the depth of knowledge of financial
and economic concepts, helps teachers integrate this content into the Common
Core standards, and sharpens instructional skills. Well-trained educators are the most
sustainable vehicle for reaching several thousand students each year with economic
and financial education.
The Research and Consulting team of the Center provides the knowledge building blocks
that helps clients make better finance, policy, and economic development decisions. The
Center introduced a new custom approach to research, and a more sophisticated design for
reports. A few other notable accomplishments from the year:
This year, 25 education leaders from 14 districts participated in the Alpaugh Scholars
Leadership program, attending monthly sessions to discuss community issues
such as healthcare, economic development, and social services. As a result of the
generous contribution from the Alpaugh family, our community has a cadre of
more informed school leaders with a better understanding of the needs of Greater
Cincinnati, and a better ability to educate our future workforce.
In May, the Center hosted its first “Toast to Teachers” event during Teacher
Appreciation Week. The Center’s education staff met with more than 100 local
educators at a social gathering to express gratitude for the contributions Cincinnati
area teachers make in the lives of students.
Earned nearly $450,000 in research revenue by completing economic analyses for clients
from public and private sectors, including the Cincinnati Reds, Talbert House, City of
Cincinnati, Western & Southern Open, Carter and The Banks, Music Hall Revitalization
Corp., Community Mercy Health Partners, Environmental Protection Agency, Freedom
Center, Kenton County Airport Board, Uptown Consortium, Inc., Focus on Ohio’s Future,
Duke Energy, Greater Cincinnati Energy Alliance, and several others.
Launched the Research Fellows
program, a unique opportunity
for the Economics Center to
collaborate with experts to add
capacity to the Center’s research
team. Fellows include individuals
from within the University and
the business community: Andy
Benson of KnowledgeWorks, David
Brasington of the UC Department
of Economics, Carlee Escue of the
UC College of Education, Elizabeth
Edwards a Venture capitalist and
author, Olivier Parent of the UC
Department of Economics, Richard
Stevie of Integral Analytics, and
Margy Waller of Topos Partnership.
Above:
Infographic from the Economic Impact of the
Western & Southern Open report.
Above: Local teachers from the first “Toast to Teachers” social gathering
5. Statements
of Activities
for the years ended
June 30, 2012 & 2011
2012
2011
Temporarily
Revenues & gains
Unrestricted
restricted
Total Revenues & gains Unrestricted
Contributions
716,444
1,000,000
1,716,444
Contributions
Program revenue
578,686
—
578,686
Program revenue
Investment income
11,546
86,299
97,845
Investment income
Loss on investments
(32,243)
(76,954)
(109,197)
Gain on investments
In-kind contributions
209,406
—
209,406
In-kind contributions
Net assets released Net assets released
from restrictions
83,580
(83,580)
—
from restrictions
Total revenues & gains
1,567,419
925,765
2,493,184 Total revenues & gains
Temporarily
restricted Total
614,388
966,754
9,442
50,440
167,514
24,725
—
104,517
99,328
—
639,113
966,754
113,959
149,768
167,514
259,007
(259,007)
—
2,067,545
(30,437)
2,037,108
Expenses
Program services
Management & general
Fundraising
1,415,015
349,789
138,254
—
—
—
1,415,015
349,789
138,254
Total expenses
1,903,058
—
1,903,058 Total expenses
(335,639)
925,765
Net assets at beginning of year 1,047,976
1,223,519
2,271,495 Net assets at beginning of year
Net assets at end of year
2,149,284
2,861,621 Net assets at end of year
Change in net assets
ASSETS
Statements
of Financial
Position
at June 30, 2012 & 2011
712,337
2012
2011
Cash & cash equivalents
Accounts receivable, net
Pledges receivable, net
Investments
Property & equipment, net
387,536
121,852
809,960
1,567,212
173
468,882
233,934
244,985
1,705,867
2,052
Total assets
2,886,733
2,655,720
590,126
Program services
Management & general
Fundraising
—
—
—
1,434,531
307,984
142,063
1,884,578
—
1,884,578
182,967
Change in net assets
1,434,531
307,984
142,063
(30,437)
152,530
865,009
1,253,956
2,118,965
1,047,976
1,223,519
2,271,495
2012
2011
NET ASSETS
2012
2011
Payable to related party
Accounts payable
& accrued expenses
Deferred revenue
18,199
119,291
712,337
1,047,976
6,913
—
15,434
249,500
Unrestricted
Temporarily
restricted
2,149,284
1,223,519
Total liabilities
25,112
384,225
Total net assets
2,861,621
2,271,495
Total liabilities
& net assets
2,886,733
2,655,720
LIABILITIES
These financial statements do not represent the complete set of audited financial statements for the Economics Center. A complete set of financial statements
also includes the Auditor’s Report and the Footnotes to the Financial Statements, which are omitted herein. The Economics Center’s complete audited financial
statements for the year ended June 30, 2012 may be obtained by visiting the Center’s web site at www.economicscenter.org.
www.economicscenter.org
6. Excellence
STUDENT ENTERPRISE (StEP) STUDENTS TOUR THE UNIVERSITY OF CINCINNATI DURING MARKET MADNESS
StEP students from local elementary schools come together to buy, sell, and advertise products from their student-organized businesses.
For many students, this is their first time on a college campus.
www.economicscenter.org
7. National Mentoring Month
January
Sunday
Monday
Tuesday
New Year’s Day
Wednesday
Thursday
Friday
1
2
3
Saturday
4
5
Stock Market Game
begins in February.
Register Teams Today!
www.smgohio.org
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Martin Luther King Jr.
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February 2013
December 2012
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National Work
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8. Investment
STOCK MARKET GAME PORTFOLIO CHALLENGE WINNERS VISIT NEW YORK CITY
Each year, leading Stock Market Game teams attend the regional Portfolio Challenge to present their winning investment strategies and compete
for a chance to visit investment firms at a financial center in the nation. The spring game starts this month, register teams today.
www.economicscenter.org
9. African American History Month
February
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
1
Saturday
2
Groundhog Day
Today’s Learners, Tomorrow’s Leaders (TL )
Now accepting applications from high school juniors and seniors for a
highly competitive, 3-week summer program. Encourage students to
apply at: www.economicscenter.org/tl2
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Mardi Gras
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Ash Wednesday
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Valentine’s Day
National Lost Penny
Day
Board of Trustees
Meeting
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President’s Day
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Stock Market Game
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10. Commitment
COVER
ECONOMICS AND FINANCIAL EDUCATION “TEACHER OF THE YEAR” Recipients
Every spring, the Economics Center hosts its Annual Awards Luncheon. At this premier business event, over 500 business leaders and
educators come together to recognize teachers and students for their accomplishments throughout the year, specifically highlighting
successes in economic and financial education.
www.economicscenter.org
11. Women’s History Month
March
Sunday
Monday
February 2013
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North Avondale Montessori
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Reserve your seat at the
Annual Awards Luncheon
this month. Visit www.
economicscenter.org/awards
for details and to register!
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Roberts Academy
Roberts Academy
Stock Market Game
Daylight Saving Time
Begins
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Midway School
Corryville Catholic School
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Frederick Douglass School
Hays Porter Elementary
Bond Hill Academy
Winton Hills Academy
World Consumer
Rights Day
Stock Market Game
St. Patrick’s Day
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Oyler School
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Pleasant Ridge Montessori
Williams Avenue Elementary
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Amity Elementary
St. Boniface School
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Rees E. Price Academy
Stock Market Game
Palm Sunday
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Pleasant Hill Academy
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Holy Family Catholic School
Stock Market Game
Easter Sunday
31
denotes school stores
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Good Friday
12. Engagement
STUDENT ENTERPRISE STUDENTS BUY, SELL, AND ADVERTISE PRODUCTS AT MARKET MADNESS
Student-organized businesses are created to teach fundamental work concepts such as earning a paycheck, understanding employer expectations
and earning rewards for positive classroom behaviors and academic improvement.
www.economicscenter.org
13. Financial Literacy Month
April
Sunday
Monday
April Fool’s Day
1
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Wednesday
2
Thursday
Friday
Saturday
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10
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19
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26
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Reading Central Elementary
Stock Market Game
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Stock Market Game
14
Tax Day
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David Ricardo’s
birthday
Financial Education
Conference
•
Stock Market Game
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Earth Day
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Stock Market Game
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March 2013
S
Annual Conference on
Financial Education is
April 3rd-5th in Orlando,
Florida.
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14. Dedication
JOIN US FOR “A TOAST TO TEACHERS” DURING TEACHER APPRECIATION WEEK
“Thank you to the Economics Center staff for hosting a wonderful event. It was nice to meet some new teacher friends. I am new to attending your
classes and events, but I can tell you that I am very impressed. You have a top quality organization.”
- Roberta Phillips, Miami Valley CTC Instructor A 2012 “Toast to Teachers” Attendee
www.economicscenter.org
15. Mental Health Awareness Month
May
Sunday
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National Penny Day
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Bond Hill Academy
Winton Hills Academy
Mother’s Day
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Midway School
Corryville Catholic School
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Frederick Douglass School
Hays Porter Elementary
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Oyler School
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Memorial Day
7
14
North Avondale Montessori
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Pleasant Ridge Montessori
Williams Avenue Elementary
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Holy Family Catholic School
denotes school stores
Roberts Academy
“A Toast to Teachers”
Happy Hour
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•
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Stock Market Game
Portfolio Challenge
•
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Armed Forces Day
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Reading Central Elementary
Pleasent Hill Academy
Market Madness
•
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Amity Elementary
St. Boniface School
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Rees E. Price Academy
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16. Leadership
Today’s Learners, Tomorrow’s Leaders (Tl2) students visit Procter & gamble
TL2 students participate in a 3-week summer program at UC and are enrolled in Microeconomics, earning college credit. During the program,
students tour leading companies such as P&G, Ford Motor Plant, and Citibank to learn about their operations.
www.economicscenter.org
17. National Safety Month
June
Sunday
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Teachers! Check out our unique professional
development opportunities this Summer.
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Thursday
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Superintendents, Principals, Administrators, apply
for the Alpaugh Scholars Leadership Program. It
begins in October. www.economicscenter.org
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John Keynes’
birthday
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Flag Day
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First Day of Summer
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Today’s Learners, Tomorrow’s Leaders (TL2) Summer Program
Father’s Day
Adam Smith’s birthday
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Today’s Learners, Tomorrow’s Leaders (TL2) Summer Program
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18. Integrity
Managing a school store teaches real skills
Quarterly school stores allow students to make decisions whether to buy products, save their money, or donate. Through this process, students
learn money management skills, how to set and achieve goals, and gain insights into how the economy works.
www.economicscenter.org
20. Community
tODAY’S LEARNERS, TOMORROW’S LEADER’S (tl2) STUDENTS VISIT UNIVERSITY HOSPITAL
“This experience made me realize that firms face many challenges when entering any market. I also learned how to think critically
when it comes to managing and using money.” - Jack, St. Xavier High School
www.economicscenter.org
21. National Immunization Awareness Month
August
Sunday
Monday
September 2013
July 2013
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Back to school!
Check out new teacher
training opportunities.
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Apply today for the
Alpaugh Scholars
Leadership Program.
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National Women’s
Equality Day
National Dollar Day
22. Engaging
stock market game students present at the annual portfolio challenge
Participation in the Stock Market Game improves student performance in mathematics and increases financial literacy.
Studies show that these students do better on a personal finance test than their peers.
www.economicscenter.org
23. National School Success Month
September
Sunday
1
Monday
Tuesday
First Day of Autumn
3
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Grandparent’s Day
2
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29
30
Wednesday
Labor Day
Constitution Day
Thursday
Friday
Saturday
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Patriot Day
October 2013
August 2013
REMINDER: Stock Market Game starts in October.
Register Teams Today! www.smgohio.org
Alpaugh Scholars Leadership Program
Now accepting applications from education leaders.
www.economicscenter.org
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24. Partnerships
ALPAUGH SCHOLARS LEADERSHIP PROGRAM (October - february)
Join this impressive group of community-oriented educators and administrators to learn about current business, economic, and social
issues in our schools and communities. Over 200 local education leaders are alumni. Submit your application today!
www.economicscenter.org
26. Charity
Student enterprise (stEP) STUDENTS GIVE BACK TO THOSE IN NEED
At Market Madness, StEP students have the opportunity to use their hard-earned school cash to donate to the Freestore Food Bank, the Ronald
McDonald House, YMCA and many other local charities. In addition to financial skills, StEP provides character education.
www.economicscenter.org
27. Native American Heritage Month
November
Sunday
Monday
October 2013
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Daylight Saving Time
Ends
3
Saturday
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Jump$tart National
Conference is
November 2nd - 4th
in Orlando, FL.
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Friday
Stock Market Game
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Election Day
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Board of Trustees
Meeting
Stock Market Game
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Veteran’s Day
11
12
Stock Market Game
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Stock Market Game
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Hanukkah Begins
Stock Market Game
27
Thanksgiving Day
28. Inspiring
COVER
engaging students THROUGH THE KNOWLEDGE OF PERSONAL FINANCE AND ECONOMICS
“Every child needs a little help, a little hope, and someone to believe in them,” says Dr. Val Krugh, Economics Center’s Director of School Relations
www.economicscenter.org
29. Universal Human Rights Month
December
Sunday
1
Monday
Tuesday
2
Wednesday
3
Thursday
Friday
4
5
6
Saturday
7
Pearl Harbor
Remembrance Day
Stock Market Game
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15
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New Year’s Eve
31
Christmas Day
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January 2014
November 2013
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First Day of Winter
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30. Individual Donors
Mr. Peter A. Alpaugh
Anonymous
Harry and Anne Badanes
Michael and Nancy Baker
Tom and Carol Barefield
Mr. & Mrs. David L. Belew
Mr. Daniel Bennie
Mr. Robert W. Buechner
Chris & Vivienne Carlson
Diane and William Carney
Edward F. Castleberry
Charlie & Joan Cerino
Mr. Anthony Cole
Kathleen C. Daly
Gary and Marjorie Davies
Richard and Theresa Davis
Mr. Gerald J. DeBrunner
Mr. Ronald J. Dolan
Dennis Donlan
Mr. David Durham
Mr. Charles Fisher
Mr. John J. Frank, Jr.
Chris & Angela Habel
Kathy Hamm
Douglas and Diana Haskell
Julie Heath
Mr. David & Cynthia Jackson
Barbara Johnson
Dr. Tom and Jane Kessinger
Mr. Marvin Kolodzik
Adrijana & Stefan Kowatsch
Dr. Valerie Krugh
Margaret Lawson
Ms. Claire Luby
Thomas and Lorie MacDonald
David Macejko
Mr. Andrew McCreanor
Ms. Diana McHenry
Bill and Karen Neyer
Dr. Cora Ogle
Ms. Joan Peck
Gordon and Lorrie Penner
Mr. Barry Porter
Thank you to our Contributors
Mr. & Mrs. Dale D. Rayney
Jane Juracek-Reherman & John Reherman
Jeff & Theda Rexhausen
Ken Richter
Mr. Wm. T. (Bill) Robinson III
Jim & Susan Russell
Dr. Jennifer Shand
W. Philip Shepardson, Jr.
Ms. Jaclyn Smith
Katherine and Tim Stautberg
Jennifer Stein
Mr. Scott Stubbins
Carol G. Talbot
Ms. Jennifer R. Taunton
Woodrow & Barbara Uible
Ms. Margaret Valentine
Dr. Nelson Vincent
Dr. George M. Vredeveld
Don Weston
Van and Robin White
Mr. Steven A. Wilson
Mr. And Mrs. Allen Zaring, III
Susan Zaunbrecher
Business and
Foundation Donors
Al Neyer Inc.
The Alpaugh Family Foundation
Anonymous
Anonymous Fund of The Greater
Cincinnati Foundation
Bailey Capital Partners
Cassidy Turley
Charles H. Dater Foundation
The Cincinnati Enquirer
Cincinnati USA Regional Chamber
Clark Schaefer Hackett & Co.
Council for Economic Education
Deloitte & Touche LLP
Delta Tau Delta Educational Foundation
Dinsmore & Shohl LLP
EMC Insurance Companies
Federal Reserve Bank of Cleveland
The Fifth Third Bank
First Financial Bancorp
Fort Washington Investment Advisors, Inc.
Friends of Dater Montessori
Frisch’s Restaurants, Inc.
Frost Brown Todd LLC
Gamma Xi 21 Corporation
Goldman, Sachs & Co.
Great Traditions Development Group
The Greater Cincinnati Foundation
Horan Associates
The Huntington National Bank
Institute for Supply Management
J D Cloud Company LLP
John Cranley Co.
Johnson Investment Council, Inc
Keating Muething & Klekamp
Key Bank
Khoury Family Fund of The Greater
Cincinnati Foundation
KnowledgeWorks
Lenox Wealth Management
Louise Taft Semple Foundation
LPK
Luxottica Retail
Macy’s
Malcolm & Ruth Myers Family Fund
Manuel D. & Rhoda Mayerson Foundation
Marvin Lewis Community Fund
MCF Advisors
Mercurio Construction LLC
Messer Construction Company
Neyer Foundation
Northpointe Realty Services LLC
Northwestern Mutual- The Kelley
Financial Group
Ohio National Financial Services
Ohio National Foundation
Pepper Family Fund of The Greater
Cincinnati Foundation
PNC Bank
Port of Greater Cincinnati
Development Authority
Qfact Marketing Research, LLC
Ronald McDonald House Charities Global
Ronald McDonald House Charities of
Greater Cincinnati
Salescore Inc.
Salesforce Foundation
Scripps Howard Foundation
Seasons Management Company LLC
SIFMA Foundation
State Farm Insurance
Taft, Stettinius & Hollister LLP
Thompson Hine LLP
Trio Bistro
United Way of Greater Cincinnati
University of Cincinnati
University of Cincinnati, Carl H. Lindner
College of Business
University of Cincinnati, Carl H. Lindner
College of Business, Economics Department
University of Cincinnati, College of
Design, Architecture, Art, & Planning
University of Cincinnati, Diversity Council
The University of Cincinnati Foundation
Uptown Consortium
US Bank
Vehr Communications, LLC
Western & Southern Financial Fund
The William P. Anderson Foundation
Wood Herron & Evans LLP
The Zaring Family Foundation
31. Board of Trustees
Peter A. Alpaugh
Cincinnati Equitable Insurance
Thomas A. Barefield
Ohio National Financial Services
Douglas Bolton
Cassidy Turley
T. Brian Brockhoff
Bailey Capital Partners
Tony T. Brown
T. Brown Consulting Group
Mark Cinquina
PNC Real Estate Banking
Richard O. Coleman
NextLevel Transportation Services
Michael J. Conaton
The Midland Company
Warren C. Falberg
Cincinnati, Ohio
Crystal L. Faulkner
Cooney Faulkner & Stevens, LLC
Michael Fox
Deloitte & Touche LLP
John J. Frank, Jr.
Cassidy Turley
Christopher S. Habel
Frost Brown Todd
Kathy Hamm
Principled Wealth Advisors, LLC
Terence L. Horan
Horan Associates, Inc
Adrienne James
Sycamore Community Schools
Donald Kaplan
Kaplan, Litwin, Kaplan & Associates
Shawn F. Kelley
Northwestern Mutual Financial Network
Lisa Kuethe
Huntington Bank
Margaret Lawson
Taft Stettinius & Hollister, LLP
Sean V. McGrory
Clark, Schaefer, Hackett
Advisory Board
Howard McIlvain
LPK
William L. Neyer
Al Neyer, Inc.
Barry Porter
Cincinnati, Ohio
Jim Rigg
Archdiocese of Cincinnati
William T. (Bill) Robinson III
Frost Brown Todd
Mary Ronan
Cincinnati Public Schools
James Russell
US Bank
Andrew Sathe
MCF Advisors
Timothy E. Stautberg
The E. W. Scripps Company
Jennifer Stein
Cincinnati, OH
David M. Szymanski
University of Cincinnati
Carol G. Talbot
Cincinnati, Ohio
Howard J. Taragano
Macy’s, Inc.
Woodrow Uible
Bartlett & Co.
Margaret K. Valentine
Valentine Research
Ellen G. van der Horst
Cincinnati USA Regional Chamber
Nick Vehr
Vehr Communications, LLC
Rea Waldon
Urban League of Greater Cincinnati
Roberta A. White
Great Oaks Institute of Technology
Susan Zaunbrecher
Dinsmore & Shohl
Edmund J. Adams
Terrance L. Ashanta-Barker
Michael D. Baker
John F. Barrett
David Belew
Adrian Breen
J. Michael Brandt
Lawrence H. Braun
Diane C. Carney
Samuel M. Cassidy
Edward F. Castleberry
Charles A. Cerino
Raymond R. Clark
Phillip R. Cox
Kathleen C. Daly
Richard K. Davis
Michael A. Fisher
J. Jeffrey Edmondson
Jerry M. Galvin
Bill O’Gara
Victoria Gluckman
Lawrence L. Grypp
J. Joseph Hale, Jr.
Carrie Hayden
Tom Heekin
Barbara B. Henshaw
Robert L. Hoverson
Thomas H. Humes
David A. Jackson
Jane Juracek-Reherman
Ralph Katerberg
Jan-Michele Lemon Kearney
Kathleen L. Klink
Charles P. Koch
Marvin Kolodzik
Pranav G. Kothari
Donald D. Larson
Charles D. Lindberg
Gary Lindgren
James M. Lippert
Stephen MacConnell
Ronald H. McSwain
Donor Spotlight
Juanita Mills
Quentin Nesbitt
Michael B. Packard
Stan Pontius
Ronald B. Raley
Dale D. Rayney
Jeff Rosen
Fritz A. Russ
Donald E. Schmidt
James E. Schwab
William P. Sheehan
David O. Smith
Tom A. Steele
Barbara J. Stonebraker
Michael A. Webb
John R. Westheimer
Donald E. Weston
Harry M. Whipple
Chad P. Wick
Wayne R. Wickens
Robert P. Wiwi
John H. Wyant
Allen G. Zaring
Mr. PETER ALPAUGH
A special thank you to the Alpaugh Family
Foundation
The Alpaugh Family Foundation contributed
$1,000,000 to the George Vredeveld Legacy
Fund to establish the Center’s i-learning
initiative. The goal of this initiative is to
provide online economics and personal
finance training for elementary and
high school students and teachers both
regionally and across the nation.
The Alpaugh family has been committed
to the mission of economic and financial
education of our teachers for the past 35
years. The Alpaugh Family Foundation also
funds the Alpaugh Scholars Leadership
Program each year, providing educators the
opportunity to engage with community
leaders and discuss economic issues.
“The new i-Learning program will allow us
to expand our reach exponentially to assist
more K-12 educators,” said Dr. Julie Heath,
Economics Center Director. “Mr. Alpaugh’s
gift will be used to leverage resources and
experts in online economics education to
most efficiently develop our own online
platform. Educators will be able to look to us
to provide a one-stop portal for economic
and financial education resources.”
Below: Alpaugh Leadership Program Class
32. Support Your Economics Center
90 West Daniels
Cincinnati, OH 45221-0023
513.556.2948
www.economicscenter.org
We’ve already taught economics and personal finance to
1,000,000 students. Will you help us reach the next 1,000,000?
After three and a half decades of work, the Economics Center has trained thousands
of teachers, developed countless classroom materials and teaching resources, and
impacted one million students through innovative school programs that foster and
support knowledge of the economy, entrepreneurship and personal financial literacy.
Rapid changes in our economy and the workplace demand a more contemporary set
of skills from young individuals entering the workforce. Our work allows teachers to
effectively equip their students with the skills they will need for life.
Knowledge of economics and financial education has the power to transform one’s
life and improve decision-making. It is with a focus on creating an informed future
generation that we are laying a solid foundation for urban economic growth.
To join our effort, please support the Center at www.economicscenter.org/give.
Staff
Julie Heath, PhD
President and Director
Claire Luby
Development Officer
Jaclyn Smith
Director, Marketing
Douglas Haskell
Director, Professional
Development
Ben Passty, PhD
Research Assistant
Professor
Casey Woodruff
Director, Student and
Community Relations
Sue Heilmayer
Accountant
Lorrie Penner
Executive Assistant
George Vredeveld, PhD
Director, Research
Erin Harris
Director, Student
Enterprise
Michael Jones, PhD
Research Assistant
Professor
Adrijana Kowatsch
Chief Operating Officer
Jeff Rexhausen
Research Associate
Valerie Krugh, PhD
Director, School Relations
Stephen Samuels
Director, Business
Development
