Inside Indiana Business 2/2/09: Purdue Foundation Development Council Members Selected. Purdue University President France Córdova has named 35 members of the business and civic worlds who will serve on the newly activated Purdue Foundation Development Council. The organization will meet twice a year to talk with top faculty and administrators about ideas and innovations and to facilitate partnerships. Wayland resident Scott M. Sperling, co-president of Thomas H. Lee Partners was named among the leaders.