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Board of Directors

As a 501(c)(3) organization, the UNT Foundation is governed by a self-perpetuating Board of Directors composed of up to thirty-five volunteer professional and business leaders—many of whom are UNT alumni, and all of whom have a great love for the University, its students, faculty, and programs. After a maximum of twelve years' service, a Director may be asked to serve as a non-voting Advisory Director on a committee or become an Emeritus Director and honored for their service. The Board of Directors meet quarterly in March, May, August, and December. Each Director also serves on at least one of six standing committees which are dedicated to various aspects of the Foundation's operation. The Executive Committee is composed of the four officers (Chair, Vice Chair, Secretary, Treasurer) and the chairs of the six standing committees. The strength of the UNT Foundation is in the high quality of its Board.

Standing Committees

• Audit - The primary responsibility of the Audit Committee is to provide oversight of the Foundation's financial practices, internal controls, financial management, and standards of conduct.
• Budget - The responsibilities of the Budget Committee primarily involve overseeing current financial operations and results, and ensuring that a viable long-range financial plan is in place or is being developed.
• Governance - The objective of the Governance Committee is to assist the Board of Directors in fulfilling its responsibilities by developing, recommending, monitoring, and periodically reviewing the governance policies and practices of the Board, which includes the By-Laws of the Foundation. The Governance sub-committee, Committee on Directors, is involved in recruiting new Board Members and ensuring that each member is equipped with the proper tools and motivation to carry out his or her responsibilities.
• Investment - The Investment Committee has important governance responsibilities in assuring the successful management of endowment and other institutional pools of capital. The Board, acting through the Investment Committee, shoulders governance responsibility of investments, primarily setting policies and providing oversight. The Committee works closely with staff and professional advisors to review and analyze investment allocation, performance, and reporting.
• Personnel - The Personnel Committee assists the Board of Directors in fulfilling its responsibilities by developing, recommending, monitoring and reviewing the personnel policies updates, proposed benefits changes and the legal/regulatory workplace requirements of the Foundation staff.
• Trust Management & Real Estate - The Committee's responsibility is to oversee the successful and prudent operation of Charitable Trusts, Gift Annuities, and Estates, and to manage these assets to facilitate the increase in number and size of gift arrangements. The Committee also works closely with staff to analyze and evaluate potential gifts or transactions of real estate for the benefit of the Foundation and the University.

Each committee meets quarterly, as does the entire Board. The Directors of the UNT Foundation make significant investments of time and talent, as well as treasure, to the benefit of the University, its students, and faculty.

Foundation Board Executives

BOB SHERMAN - Chair
Retired President/COO
First Colonial Bankshares
Denton, Texas
UNT Green Glory Award 2002, Lifetime member UNT President's Council

SAM GOLDEN - Vice Chair
Managing Director
Alvarez & Marsal, LLC
Houston, Texas
UNT Grad, '74 - Finance
UNT Distinguished Alumnus 2013

C. DAN SMITH - Secretary
President/Owner
Smith Exploration, LLP
Plano, Texas
UNT Grad, '62 - Marketing
Geezel Member, UNT Distinguished Alumnus Award 2001, UNT Athletics Green Glory Award 1995, Former UNT Board of Regents - Chairman

TIM DWIGHT - Treasurer
Foundation/CEO
SpringVest Wealth Management
Fort Worth, Texas

Foundation Board Directors

Foundation Advisory Directors

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• Office
  • Gateway Center
  • Room 149
  • 801 North Texas Blvd.
• Mailing Address
  • 1155 Union Circle #311250
  • Denton, Texas 76203-5017
• Phone
  • Office: (940) 565-4555
  • Fax: (940) 369-7111

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