March 19, 2004
University of Maine at Fort Kent President Richard W. Cost recently taught a workshop session on "Establishing a New Fund Raising Program" at a conference entitled "Positioning Your Institution for More Effective Fund Raising" at the Miami Convention Center in Miami, Florida.
The conference was a co-sponsored by the Council for Advancement and Support of Education (CASE) and the American Association of Stage Colleges and Universities (AASCU).
Cost was also the discussion leader for the breakout group-discussion of Case Study for the workshop session, and he also served as the moderator for the session entitled "The Firing Line" where conference speakers responded to questions from the audience.
The conference was designed specifically for AASCU presidents and chancellors. It focused on topics relevant to institutions developing a new fund raising program as well as those colleges and universities with well-established programs.
Other presenters at the conference were Michael J. Worth, principal of Michael J. Worth and Associates and professor of non-profit management at The George Washington University in Washington, D.C.; Sheldon K. Caplis, vice president for institutional advancement at the University of Maryland Baltimore County in Baltimore, Maryland; F. Ann Millner, president of Weber State University in Utah; Patricia P. Cormier, president, and Bobbie Burton, vice president for university advancement, both of Longwood University in Virginia, and William B. DeLauder, president emeritus of Delaware State University in Dover, Delaware.
Prior to joining UMFK, Cost served as vice president for institutional advancement at Bridgewater State College, a public comprehensive college of 9,000 students serving southeastern Massachusetts. His responsibilities at the institution included fund raising, public affairs, alumni relations, and for three years, admissions.
In his capacity at Bridgewater he also served as executive director of the college's foundation. He is credited with creating a successful development office that raised over ten million dollars.
Before joining Bridgewater, Cost served for six years as vice president for institutional advancement at Moravian College, a small liberal arts school of 1,200 students in Bethlehem, Pennsylvania. There he directed a capital campaign that raised $24 million. He established a college record by raising $7.8 million in a single year.
The UMFK president earned his doctorate in education from New Jersey's Rutgers University in 1977, and holds a master's degree in business administration from Old Dominion University in Norfolk, Virginia. He received his bachelor's degree from Syracuse University.
Cost has served on a dozen college and university accrediting teams for either middle states or the New England Association of Schools and Colleges.