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Opinion

Richard Manahan served ETSU Foundation well

June 24th, 2013 8:54 am by Staff Report

Richard Manahan served ETSU Foundation well

Dr. Richard A. Manahan should be commended on a job well done. As Press Assistant News Editor Rex Barber reported in Friday’s paper, Manahan is stepping down from his job as president and chief executive officer of East Tennessee State University’s Foundation.
Manahan, who also serves as vice president for university advancement, told Barber he plans to teach courses in the College of Business and Technology beginning this fall.
“Basically, I just felt that this was a good time for me to go to teaching,” he said Thursday.
Manahan began his career at ETSU 32 years ago as vice president for finance and administration. His duties included overseeing the Foundation’s finances. During his time at the helm of the ETSU foundation, he has seen the account go from a negative balance of $250,000 in 1981 to a current fund balance of more than $108 million.
The Foundation and fundraising operations were placed under Manahan’s direct supervision in 1984. A decade later, he became head of the Foundation and university advancement. More than $350 million has been raised for ETSU under his stellar leadership.
Manahan shares credit for his fundraising success with “people within the Foundation and donors and significant givers that have a commitment to East Tennessee State University.” Those contributors, however, might not had been so generous without Manahan’s vision and prodding.
We congratulate him on a job well done and wish him much happiness in his new endeavors.

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