After serving as UW Foundation president for 21 years, Andrew ""Sandy"" Wilcox announced Friday he will retire at the end of 2010.
According to University Communications, the Foundation's assets have grown to $2.5 billion from $190 million since Wilcox became president in 1988.
Gift receipts during that time amount to $2.9 billion, and distributions to the university total more than $2 billion.
""Sandy's contributions as president of the UW Foundation are nothing short of extraordinary,"" Chancellor Biddy Martin said in a statement.
""I look forward to what we can achieve together over the course of this year on the Great People Scholarship Campaign, our undergraduate financial-aid support effort,"" she said.
Wilcox made the early announcement in an attempt to give the appointed search committee sufficient time to find a proper successor and allow for a smooth transition.
