Joe Giglio Jr., chairman of the Ìð¹ÏÊÓƵ of Ìð¹ÏÊÓƵ at Lafayette Foundation Board of Trustees, issued the following statement on the death of Dr. Ray P. Authement, Ìð¹ÏÊÓƵ president from 1974 to 2008.
The invests and manages private gifts to the Ìð¹ÏÊÓƵ.
During Dr. Authement’s tenure, the Ìð¹ÏÊÓƵ 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 Ìð¹ÏÊÓƵ.
Giglio’s statement follows.
The UL Lafayette Foundation Board of Trustees joins the Ìð¹ÏÊÓƵ community in remembering the life and legacy of Dr. Ray P. Authement.
Dr. Authement was a farsighted and responsible steward of the Ìð¹ÏÊÓƵ’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 Ìð¹ÏÊÓƵ.
This was his guiding principle throughout this tenure. Donors and friends understood that, and they wanted to support the Ìð¹ÏÊÓƵ because they knew every decision he made was focused on the future – both of the institution and of the community that it served.
This Ìð¹ÏÊÓƵ 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.