Business briefs


Published on Thursday, May 15, 2008 9:42 AM MDT

Baby Boot Camp

Baby Boot Camp follows the guidelines set by the American College of Obstetrics and Gynecology and the American Council on Exercise. Kristen Horler, a certified personal trainer and mother of two, launched Baby Boot Camp in 2001 after she could not find a fitness program that addressed the physical and logistical challenges of being an active mom. Since that time, the company has expanded the program through franchising and licensing. Now more than 300 locations in 23 states feature Baby Boot Camp classes. Visit www.babybootcamp.com for locations and additional information.

Financial workshop

Financial Peace University, the 13-week program taught by Dave Ramsey, has helped more than 400,000 families positively change their financial future. The changing program teaches families and individuals how to handle their money through common-sense principles and small group accountability. FPU is available for churches, companies, military bases, financial literacy programs, Spanish speaking organizations and community groups. FPU classes will be held in Rio Rancho at Rio West Community Church located at 6751 Pasilla Road NE, Rio Rancho, NM 87144. The classes will begin May 22 at 7 p.m. Contact Stephen Sudirgo at 505-977-0486 or ssudirgo@gmail.com for information, or to register.

New president of

UNM Foundation

The University of New Mexico Foundation Board of Trustees announced the appointment by UNM President David J. Schmidly of John R. Stropp to serve as the first president of the newly independent UNM Foundation.

Stropp, who holds a master’s in business administration from Texas A & M University, served in a number of executive positions at the Texas A & M Foundation and the Texas A & M Foundation Trust Company before being named chief administrative officer in 2002. In addition, he served briefly as interim president and chief administrative officer of the A & M Foundation in 2007. Before joining the A&M Foundation, Stropp served in various private sector administrative and financial management positions for 17 years.

The A&M Foundation is an independently funded and separately managed charitable organization with total assets in excess of $1.3 billion, a staff of 90 and an annual budget of $11.5 million. The Foundation Trust Company, a wholly-owned subsidiary, manages trusts and estates valued at in excess of $110 million.

Stropp will be the first President to be employed by the UNM Foundation itself, and not the University. The change is the result of a vote by the Board of Trustees to streamline the Foundation’s operations, preparing it for a planned major capital campaign, only the second in the University’s history. Michael Kingan, who is currently vice president for Institutional Advancement at the University, will assume the position of senior vice president for University Development at the Foundation.

“Under the new, streamlined and independent organizational structure, Michael Kingan will continue his fine work spearheading development efforts on behalf of the University,” said Schmidly.

Schmidly noted that, “John Stropp combines solid managerial experience with an unbeatable fundraising track record. During his tenure at A & M, he participated in two major fundraising campaigns, including ‘One Spirit One Vision,’ which raised more than $1.5 billion.”

“During the time John Stropp was at Texas A & M, he helped guide its growth from an institution with $70 million in total assets to a nationally-recognized foundation with $1.3 billion in total assets,” noted Foundation Chair Thelma Domenici. “His insights will be invaluable as the UNM Foundation gets ready for our major capital campaign, one that will help the University achieve our vision of greatness.”

The Foundation supervises the investment of UNM’s endowment $325 million and anticipates an additional $75 million during the fiscal year ending in June.

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