Walsh Leadership Awards Dinner Exceeds Fundraising Goal

TROY, Mich., October 19, 2018 —Fundraising that exceeded expectations, moving testimonials from Walsh scholarship recipients and the presentation of an inaugural award, the President’s Award for Outstanding Partner in Education, to the DeRoy Testamentary Foundation, highlighted Walsh’s 2018 Leadership Awards Dinner on October 11 at the Townsend Hotel.

Nearly 300 guests, including Senator Marty Knollenberg and Oakland County Executive, L. Brooks Patterson, attended the Leadership Awards Dinner, which was emceed by Brad Galli of WXYZ-TV. Sponsors included Presenting Sponsor Chemical Bank and Platinum Sponsor Plastipak.

Merrill Lynch kicked off scholarship fundraising with a matching gift challenge, which was met and then exceeded by another matching challenge from the DeRoy Testamentary Foundation. Chemical Financial Corporation President and CEO David Provost then spontaneously announced a gift from Chemical Financial to meet the stretch goal for the evening. In total, attendees raised more than $90,000 to fund two new full-ride scholarships and add to the Jeffery W. Barry Endowed Scholarship and the Leadership Awards Endowed Scholarship.

Other awards of the evening included Walsh Distinguished Lifetime Service honoree Richard Aginian, Walsh Trustee and Retired President & Publisher, Observer & Eccentric Newspapers; David Provost, President and CEO, Chemical Financial Corporation, for the Jeffery W. Barry Award for Educational Excellence & Community Service and Alan C. Young (MST, Walsh ’85), Founder, Managing Director & CEO, Alan C. Young & Associates, P.C., for the Walsh Distinguished Alumni Award.

A live auction included two original works created during the event by speed painter Jared Emerson. Raffle prizes included custom-designed jewelry from Astrein’s Jeweler and an overnight stay in the Presidential Suite at The Townsend Hotel. Since it began in 2000, Walsh’s Leadership Awards Dinner has raised more than $1.5 million in scholarship funds.


Walsh is an all-business, private, independent, not-for-profit, fully accredited college offering undergraduate and graduate business and technology degrees, as well as certificate programs. Founded in 1922, Walsh is one of the region’s largest business schools and Michigan’s third largest graduate business school. Walsh has locations in Troy, Novi, Clinton Township, Farmington Hills and Port Huron, as well as online. Our nationally ranked programs integrate theory and application to prepare graduates for successful careers. Walsh degree programs include accounting, finance, information technology, management, marketing, taxation and other fields. For more information, please visit www.walshcollege.edu.

Walsh is accredited by the Higher Learning Commission (www.hlcommission.org) and the Accreditation Council for Business Schools & Programs (www.acbsp.org).

Walsh College Board of Trustees Elects Bournias, Kulak to Foundation Board of Directors

The Walsh College Board of Trustees has elected Laurie Bournias, first vice president and wealth management advisor, Merrill Lynch; and Denise Kulak, owner and operator, Other Fun Stuff, LLC; to three-year terms on the Walsh College Foundation Board of Directors.

Established in 2004, the Walsh College Foundation serves as the official fundraising arm of the College. The Foundation encourages private giving and ensures the integrity of the College’s philanthropy program.

It is staffed by employees of the College and led by volunteers who are business, industry, and community leaders. Walsh alumni comprise 72 percent of the 25-member Foundation Board of Directors.

Bournias graduated from Walsh College in 1992 with a Bachelor of Arts in Finance. She joined Merrill Lynch in 1994. As a wealth management advisor, Bournias works with an exclusive group of high net-worth individuals, families, and businesses in developing and implementing strategies to manage their wealth.

She holds the prestigious Certified Financial Planner (CFP) designation awarded by the Certified Financial Planner Board of Standards, Inc. Additionally, Bournias has received the Chartered Retirement Planning Counselor (CRPC) designation.

Kulak earned a Bachelor of Business Administration degree from Walsh College in 2000. At Other Fun Stuff, which is a unique, creative gift boutique she founded in 2012 in Birmingham, Mich., Kulak personally manages customer service, product, pricing, promotion, and financials. She has spent more than 20 years in various retail roles.

Kulak has received several awards and recognitions of her business and commitment to others, including the 2014 Best of MichBusiness “One Person Wonder” award and as a finalist in the Entrepreneur-YOU business plan competition. Kulak is also a member of Blackstone LaunchPad at Walsh College, which provides Walsh students and alumni with the support they need to develop and launch their own business ideas or concepts. It is free of charge to Walsh students and alumni and helps transform untested ideas into vital businesses.

“Both of these extraordinary women are accomplished leaders in their industries and are passionate about serving their alma mater and their communities,” said Audrey Olmstead, vice president and chief development officer, Walsh College.

”Laurie offers financial expertise earned through a large financial organization, while Denise brings entrepreneurial spirit and savvy to promoting quality of life through creativity,” she added. “These two Walsh alumnae will bring important experience from diverse viewpoints to the Walsh Foundation in the years ahead.”

For more information, visit www.walshcollege.edu.

Ronald McDonald House of Detroit announces new location and $3 million fundraising campaign

The Ronald McDonald House® -Detroit, which provides a home away from home for families of patients at Children’s Hospital of Michigan, is moving one-half mile north from its original site at Children’s Hospital to its new home at 4727 St. Antoine in the Hutzel Professional Building in early 2015. As part of the move, Tenet Healthcare Corp. will charge the house only $1 per year for its 100-year lease.
Along with the momentous move, the charity recently announced its first major campaign to raise $3 million over the next two years, according to Jennifer Litomisky, executive director of Ronald McDonald House of Detroit. The campaign, “Hearts, Hands & Home,” seeks to strengthen the foundation of the organization for the families who stay there by increasing the house’s nearly $1 million endowment and expanding its range of services.
The move was prompted by a new patient tower being built at Children’s Hospital in the same location that the Ronald McDonald House of Detroit has been hosting families for 35 years. Tenet Healthcare Corp., owner of the Detroit Medical Center (DMC), which includes Children’s Hospital, is constructing the new tower as part of its $850 million investment in the health care system.
“This site offers many amenities and will be completed without any gap in service to the families who come to us in need of housing and support,” said Litomisky.
“Renovations to turn former hospital rooms into guest rooms are already underway,” said Conrad Mallet Jr., chief administrative officer of DMC, who was quoted in Crain’s Detroit Business.
The new house will have 28 large guest rooms with private bathrooms, a playroom, a teen room, communal living room areas, a guest kitchen, and a peace garden. Wireless connectivity will allow families to stay in touch with loved ones and get updates on their children’s care. Five extended-stay rooms with TVs and refrigerators will be available for parents whose children are undergoing long-term treatment at Children’s Hospital.
Detroit-based Hamilton Anderson Associates and Kraemer Design Group are the architects and designers, and Roncelli Inc., of Sterling Heights, is the general contractor. The 26,000 square-foot space extends across the second floor of the building. It is 10,000 square-feet larger than the existing house.
To fund the move, DMC is contributing $3.45 million to the project and Ronald McDonald House of Detroit will contribute $800,000.
The move will bring added costs of providing a new van service to transport parents to and from Children’s Hospital, maintaining a larger space, funding programs at the house and continuing to give grants to children’s programs in the community.
Of its $1 million annual operating budget, Ronald McDonald House of Detroit receives approximately 10% of funding from McDonalds Corp. Other funds come from McDonalds franchises, corporate and individual donations, grants and fundraising events. The nonprofit plans to add two to three full-time equivalent staff positions to assist with operations and fund raising.
“For families that need to travel from the suburbs (or from other counties) to Detroit, the location of the Ronald McDonald House saves a lot of driving. That’s time better spent with your child in the hospital,” said Renee Sullivan, a parent and former houseguest. Annually, the house provides rooms for approximately 1,500 guests.
A $10 daily fee is charged for a guest room and use of common areas including a kitchen, laundry room, play room and entertainment areas. No family is turned away due to a lack of funds.
To donate to the Ronald McDonald House of Detroit, please visit: www.rmhc-detroit.org/grow

Walsh College Elects Kathleen O’Callaghan Hickey to its Foundation Board

The Walsh College Board of Trustees has elected Kathleen O’Callaghan Hickey, member attorney at the Detroit-based law firm Bodman PLC, to the Walsh College Foundation Board of Directors for a three-year term.

Hickey represents lenders in commercial loan originations. Her practice encompasses secured transactions and counsel to lenders on lender liability and loan structure issues. She is a former co-chair of Bodman’s Banking Practice Group and is a current member of the firm’s executive management committee.

Established in 2004, the Walsh College Foundation serves as the official fundraising arm of the College. The Foundation encourages private giving and ensures the integrity of the College’s philanthropy program. It is staffed by employees of the College and led by volunteers who are business, industry, and community leaders.

Before joining Bodman, Hickey clerked for the Honorable Richard M. Maher of the Michigan Court of Appeals. She has lectured for the Michigan Institute of Continuing Legal Education on commercial loan documentation matters.

She earned her bachelor’s degree from Michigan State University in 1977 and a J.D., cum laude, from the University of Detroit School of Law in 1984.

Hickey is listed in The Best Lawyers in America 2014 under Banking and Finance Law, Chambers USA: America’s Leading Lawyers for Business 2014 under Banking & Finance, Michigan Super Lawyers 2007 under The Top 50 Women, and Michigan Super Lawyers 2007-2013 under Banking. She is listed as a 2014 “Top Lawyer” by DBusiness magazine. Hickey serves on the Detroit Community Council of Sister to Sister: Everyone has a Heart Foundation, Inc.

She is admitted to practice before the U.S. Court of Appeals for the Sixth Circuit, and is a member of the American Bar Association, Detroit Metropolitan Bar Association, and State Bar of Michigan.

Founded in 1922, Walsh College is a private, not for profit institution offering upper-division undergraduate and graduate business and technology degrees and certificate programs. One of Southeast Michigan’s largest business schools, Walsh has locations in Troy, Novi, Clinton Township, and Port Huron, as well as online. Walsh’s business services division offers the Walsh Institute, which provides solutions for businesses through training, continuing education, and consulting.

Walsh is accredited by The Higher Learning Commission of the North Central Association of Colleges and Schools (www.ncahlc.org; phone: 312-263-0456). The Accreditation Council for Business Schools and Programs (ACBSP, www.acbsp.org) accredits specific degree programs.