University Foundation Chooses Unit4 as the Flexible Option to Manage Endowments

• Southern Illinois University Foundation Carbondale needs flexibility and expansion
• “We want a system that will grow and expand with us into the future.” Steve Nagle, CFO

VICTORIA, British Columbia & MANCHESTER, New Hampshire--(BUSINESS WIRE)-- Unit4, a fast growing leader in enterprise applications for service organizations, is pleased to announce the Southern Illinois University Foundation (SIU Foundation) in Carbondale, Ill., has joined its growing list of non-profit customers.

With a $123 million endowment and more than 2,600 accounts to manage, the Foundation’s CFO Steve Nagle says Unit4 Business World’s agile People Platform will provide the Foundation with flexibility and industry-specific functionality.

“Our current system is hard-coded, so figuring out logic or making changes requires IT intervention,” Nagle says. “We have a very engaged board that understands our fiduciary responsibility. We needed a strong system that allows us to invest wisely, track and get good returns, and ensure our earnings are maximized. We are pleased with Business World’s flexibility.”

Technology analyst Cindy Jutras of Mint Jutras says, “Business change can occur as a result of new disruptive business models, changing financial or regulatory requirements, organizational restructuring…. Unlike these more traditional applications, Unit4’s ‘elastic’ applications can easily be changed and/or extended without disrupting the installed solution.” (In “Self Driving ERP”, July 2015.)

Nagle also cites a planned fundraising campaign as a key determinant in choosing Business World. “We want a system that will grow and expand with us into the future. Unit4’s ERP has capacity and multiple business uses,” he says.

Southern Illinois University Carbondale is a public, doctoral research university with an enrollment of 18,000 students and alumni base of 235,000. Founded in 1869, SIU Carbondale is the flagship campus of the Southern Illinois University system. The SIU Foundation, an independent non-profit organization established in 1942, provides alumni and friends a means to invest in the University’s future.

“We look forward to a long-term partnership with Unit4,” Nagle says.”

Unit4’s success in the not-for-profit sector has been recognized globally, with customers that include Save the Children, Heifer International, The Nature Conservancy, Salvation Army, World Wildlife Fund, Southern Illinois University Edwardsville Foundation and many others.

About the Southern Illinois University CarbondaleSouthern Illinois University Carbondale is a public, doctoral research university with an enrollment of 18,000 students and alumni base of 235,000. Founded in 1869, SIU Carbondale is the flagship campus of the Southern Illinois University system.

About the Southern Illinois University FoundationThe SIU Foundation, an independent nonprofit organization established in 1942, provides alumni and friends a means to invest in the University’s future. The Foundation is a designated 501©(3) organization that solicits and administers gifts from private sources in support of SIU Carbondale’s academic mission. Private funding is generated through annual giving, planned giving, major giving, corporate and foundation relations and campaigns.

SIU FOUNDATION FACTS AND FIGURES

• $123 million endowment
• During Fiscal Year 2015:
  • $3.6 million was distributed in support of SIU Carbondale’s academic and research activities
  • $1.9 million benefitted the University’s community and public service programs
  • $3.3 million in scholarships and awards was presented to students pursuing academic excellence.

About Unit4Unit4 is a leading provider of enterprise applications empowering people in service organizations. With annual revenue over US $550M (500M Euro) and more than 4,000 employees world-wide, Unit4 delivers ERP, industry-focused and best-in-class applications. Thousands of organizations from sectors including professional services, education, public services, not-for-profit, real estate, wholesale, and financial services benefit from Unit4 solutions. Unit4 is in business for people.

For more information please visit the global website at http://www.unit4.com/about/our-company, follow us on Twitter @Unit4global, on our Google+ page or visit our LinkedIn page.

US/Canada website: www.unit4software.com

US/Canada Twitter: @UNIT4_NA

View source version on businesswire.com: http://www.businesswire.com/news/home/20150903005358/en/

Unit4
Maggie Kerr-Southin, +1 250.704.4484
Marketing Communications Manager, North America
[email protected]

Source: Unit4

You May Also Be Interested In

• Growth isn't weak enough to truly undercut inflation pressures - BMO
• 'A moment of truth' for Tesla and Musk is here - Wedbush
• Park National Corp. (PRK) Tops Q1 EPS by 36c