UF SIFE ANNUAL REPORT 2011

5605
VOLUNTEERED

UF SIFE IMPACTS
HOURS

20
SPANNING

PROJECTS

6734
IMPACTING

PEOPLE

MISSION STATEMENT
Inspiring entrepreneurial spirit in UF students to
improve the quality of life in our community.

UF SIFE IN THE COMMUNITY

I am proud of the University of Florida
Students in Free Enterprise students
caring and taking action to address
unemployment in our local community.
I look forward to participating and
growing their project “Get A Job
Mayor of Gainesville Gainesville” in the future.
Craig Lowe
Mastrodicassa
SIFE is impacting the Gainesville
community by supporting many aspects
of the lives of citizens, but their efforts
with helping with employment and
improving education make a difference.
The broad range of programs and
City Commissioner projects are astounding for the relatively
Jeanna small group of SIFE members, but we
are happy they are focusing locally.
 PROGRAM HIGHLIGHTS Building your Ethical Framework

DOWNLOADING ETHICS ESSAY CONTEST NAVIGATING THE GRAY

ELEMENTARY SCHOOL

Encourages students to think critically about the ethical consequences

of illegally downloading media

After the contest, students OVERALL NEED:

state they are more likely Addressing the lack of ethics education in school curriculums
to use legal sources such as
iTunes to download music
PROGRAM MISSION:
To raise awareness of ethical dilemmas and educate students on the
consequences of unethical choices to develop leaders with the highest
WARRINGTON WELCOME ETHICS CASE COMPETITION integrity
COLLEGE FRESHMEN

Teaches students that companies must consider all stakeholders when

making a business decision

Our ethics case competitions are

also offered during the summer
to help give all new students the
opportunity to participate
80% of students who
participated said they are
more likely to consider
89
VOLUNTEERS
ethics in future decisions.

296
COLLEGE SOPHOMORES

FLA ETHICS CASE COMPETITION

Challenges the top 100 business sophomore students to propose a 91% are more aware of HOURS
solution to a real-life business ethics dilemma the ethical dilemmas

702
business leaders face
“The competition opened my eyes to the every day
importance of ethics in business, as well

1/3
as current issues going on around us” of students enrolled in the PEOPLE IMPACTED

IMPA
– Amanda Huynh, 2010 FLA Ethics Case Business Ethics elective
course participated in our
FLA Ethics Case Competition

PROGRAM HIGHLIGHTS
3600
students are reached in
just 2 days with Day of
Difference

2282
KIDS FOR KARATE
ELEMENTARY SCHOOL

Provides students with a safe after school environment to learn

discipline and respect 92% of participants in
DAY OF DIFFERENCE Cropped for Success VOLUNTEERS
Partners with Junior Achievement to instill in children fundamental stated they would
finance, economic, and success skills
Celebrating a mutually
successful relationship with
JA, now in our 5th year!
change the content on
their Facebook and
Twitter accounts
3802HOURS

4318
25 job-seekers created profiles in
TAKE STOCK IN CHILDREN FloridaWorks’ employment database
Offers at-risk students a supportive mentor as well as an opportunity to PEOPLE IMPACTED
MIDDLE & HIGH

qualify for a full college scholarship

CROPPED FOR SUCCESS
Partners with College Reach Out Program to prepare disadvantaged
students for the college application process
STUDENTS FOR ENVIRONMENTAL EMPOWERMENT
Organizes a competition to encourage students to create and implement
their own sustainability projects
GET A JOB GAINESVILLE
Empowers residents to re-enter the workforce by providing workshops,
COMMUNITY
OVERALL NEED:
Without knowledge of success skills, community members are unable
to communicate effectively, act professionally, and ultimately escape the
cycle of poverty
PROGRAM MISSION:
To build a solid foundation of success skills for sustainable growth in

resume critiques and opportunities for networking our youth and beyond
CHOMP OUT HUNGER
Mobilizes the community to donate canned goods and solve causes of
hunger in our community
Leveraged partnership with Building A Solid Foundation
two SIFE donor companies
to mobilize the community Empowering Lifelong Growth
Building your Dreams PROGRAM HIGHLIGHTS
The Entrepreneurial Quest ENTREPRENEURSHIP FORUM
Offers interested students the opportunity to learn from and network
with current entrepreneurs
The personal stories of local
OVERALL NEED:

COLLEGE STUDENTS
High failure rate among small-businesses and start-ups negatively affect
entrepreneurs exposed students to a
the local and national economy variety of key industry concepts
STUDENT BUSINESS INCUBATOR
PROGRAM MISSION: Provides tailored guidance and support for student entrepreneurs
To encourage and foster entrepreneurial quests within campus and
Entrepreneurs learned how to file for
around the community
incorporation and apply for a business
license in the state of Florida

140
VOLUNTEERS
SMALL BUSINESS CONSULTING
Provides business owners with well-researched, comprehensive, and
specialized deliverables
Spencer Simonsen, founder of music website

847
kWh Usage
2010: 10765 kWh IndieMundo, was a semi-finalist for the Cade

COMMUNITY
2011 (Proj.): 9000 kWh Prize for Innovation, a statewide competition
HOURS
SAM’S CLUB SUSTAINABILITY CHALLENGE
College students put their knowledge Conducts eco-audits for local businesses and suggests

77
to practical use through our SBC methods of reducing wastes while increasing savings
project
PEOPLE IMPACTED Partnering with Sam’s Club afforded students
“UF SIFE’s Small Business Consulting

ACT
the opportunity to work with and learn from a
team helped our business realize a
great SIFE partner company
100% increase in market reach”
- Spencer Simonsen, CEO

$1250 PROGRAM HIGHLIGHTS

22
Awarded in Scholarships! INVESTING IN YOUR FUTURE
Teaches students the benefits of investing through

ROI for one student
VOLUNTEERS
14% participating in the stock
market simulation of
MIDDLE SCHOOL
stock market simulation competitions
We partnered with the Reichert House

660
HOURS Dollars & Sense
Investing In Your Future Youth Academy to teach the basics of
investment to at-risk middle and high
school students
participants improved

1237
their financial literacy
knowledge from 56%
DOLLARS & SENSE AND FINANCIAL LITERACY CHALLENGE
to 85%, demonstrating
PEOPLE IMPACTED Impacts local high schools and reaches students in 36 states. Both
a 29% improvement
HIGH SCHOOL
projects teach the importance of budgeting, bank accounts, and
compound interest

“I’ll gladly have SIFE back in my class as

OVERALL NEED: long as they want to come.”
A lack of formal financial literacy education in schools leads to poor – Ms. Thomley, Teacher Loften High School
financial decisions and can result in insurmountable debt, bankruptcy,
or foreclosure

PROGRAM MISSION: MANAGING MONEY MATTERS

COLLEGE STUDENTS

To educate and empower different age groups to take control of their Teaches new college students how to handle their new financial
debt and achieve financial freedom independence
LIFE BEYOND COLLEGE
Provides graduating students with information about saving for
retirement, insurance, and mortgages
Building your Financial Future YOUNG MONEY LIVE

Investing In Your Success Exposes non-business students to the essentials of personal finance and
entrepreneurship
 PROJECTS Angie Brice
Recruitment Director
Teach For America
*Joel Lewis
Business Analyst
Bank of America
Projects
Merrill Lynch
● Chomp Out Hunger Ben Hawkin
● Students For Environmental Empowerment District Manager John Skelly
◊ Cropped For Success **Walgreens Director
Success  Skills

¤ Day of Difference Alachua County

◊ Get a Job Gainesville Brent Christensen Poverty Reduction
● Kids for Karate President/CEO Program
Gainesville Area
● Take Stock In Children
Chamber of Marquita Cunningham
¤ Dollars & Sense Commerce Campus &
◊ Financial Literacy Challenge Community Recruiter
Financial  Literacy

◊ Investing In Your Future *Bruce Haupt *Walgreens

◊ Life Beyond College Senior Staff Analyst

BUSINESS ADVISORY BOARD

¤ Managing Money Matters City of Houston *Matthew Kuhl
Young Money Live
Finance Associate
●
Exxon Mobil
◊ Downloading Ethics Essay Contest Caroline Blake
Ethics

◊ FLA Ethics Case Competition Regional Associate *Melissa Chi

¤ Warrington Welcome Ethics Case Competition Manager Financial Analyst
◊ Entrepreneurship Forum **Macy’s Credit Suisse
Entrepreneurship

● Sam’s Club Sustainability Challenge

Daryl Hulce *Patrick Dunnigan
¤ Small Business Consulting
President Analyst
● Student Business Incubator
Common Knowledge Raymond James
New Project: < 1 Year = ● Scholarship Foundation
*Peter Kasser
Foundation Project: 1 to 4 Years = ◊
Dug Jones Business Analyst
Legacy Project: 5+ Years = ¤ Assistant VP for Bankers Warranty
Economic Development Group
Center for Innovation

ABOUT UF SIFE
and Economic Shaad Rehman
Development Small Business
Development
Florida Coordinator
The University of Florida SIFE team was founded in 2000 with only 10
Bridgewater-Alford Gainesville Community
students; we now boast 54 SIFE leaders and 800 volunteers. SIFE lead- Director Redevelopment Agency
ers are energized by making a difference in our local community. We UF Community
are fortunate to have a large network of supportive BAB members who Outreach Mickie Swisher
assist in our projects and who provide valuable training on topics such Associate Professor
as Effective Delegation, Measuring Results, and Team Management. Jeanna Mastrodicassa UF Family Youth and
City Commissioner Community Sciences
City of Gainesville

ABOUT UF
*Tage Smith
*Jebi Mathew Internal Control
Associate Manager
Pricewaterhouse Raytheon Company
The University of Florida was founded in 1853 and is located in Coopers
Gainesville, Florida. With nearly 50,000 students from very diverse *Tamesha Satahoo
backgrounds, UF is proud to have top research programs, world- Diane Smith Principal Auditor
recognized faculty and over 750 student organizations. As a part of the Executive Director **Coca-Cola
Gator Nation, we realize that great things happen inside our walls so Junior Achievement of
that greater things can happen outside them. West Central Florida Tameka Goodwin
Club Manager
**Sam’s Club

SPONSORSHIPS *UF SIFE Alumni **SIFE Donor Company