annual report - scc.southcentral.eduscc.southcentral.edu/...foundation_report_2015-16.pdf ·...
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ANNUALREPORT• 2 0 1 5 - 2 0 1 6 •
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President’s MessageIt has been a great honor to serve as the President of South Central College Faribault Campus Foundation Board of Directors. On behalf of the Board members, SCC faculty,
staff and students I want to extend a heartfelt thank you to all the individuals and businesses that contributed time, resources, equipment and monetary gifts to ensure affordable educational opportunities exist in our community.
SCC Faribault Campus Foundation had an eventful year building off the 2015-2016 Fund Drive slogan: Giving. Builds. Futures. Stephen Pribyl, Fund Drive Chair, led the efforts of 38 community volunteers to raise over $153,000. Thank you to all who supported the foundation through your generous gifts and time. One hundred twenty-eight deserving students received the gift of a scholarship to support their desire to enhance their skills and talents at SCC in order to impact the future.
South Central College hosted its first National Technical Letter of Intent Signing Day in February. This event honored students entering a technical field and celebrated strong technical careers. It was a pleasure to be a part of this inaugural event and have the opportunity to interact with such a great group of students. It is exciting to see the caliber of talent committed to furthering their education at SCC, that will join the workforce with all the necessary skills needed in our community.
Thank you to all who continue to provide support to the Foundation’s mission of supporting higher education and training at SCC. We had a successful year because of the support provided by many individuals and businesses. For those currently involved and engaged in the Foundation, thank you. For those looking to make a difference one scholarship at a time, please connect with the Foundation. I am sure you will find it a very rewarding experience.
Sincerely,
Rick Miller SCC Foundation Board President 2015-2016
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Points of Pride• The Foundation committed nearly
$130,000 in scholarships to Faribault campus students for 2016-17.
• Presidential Scholar Hamdi Abdi from Owatonna High School began her second year at SCC and was joined by Gerrit Hoffner from Dundas. Both students receive free tuition for two years to pursue their degrees at SCC; Hamdi in Associate of Arts and Gerrit in Computer Integrated Machining.
• In FY15 the South Central College Faribault Campus Foundation provided a $5.03 return on investment for every $1.00 of public funds invested by South Central College.
• MRG Tool & Die employee gifts were matched by the company during the fourth annual Corporate Alumni Campaign. Their gifts with match have raised nearly $25,000 for Machining student scholarships.
• One endowment was established and two were finalized to provide scholarships from the interest earned.
Endowed FundsEndowments can be established to support scholarships or general initiatives of the college and provide annual support using the interest earned. A gift of $10,000 is the minimum to set up an endowment. Gifts can be made all at once or over a three year period.
Ann (Splinter) Anderson Alumni Endowment
Bruce Sellner Memorial EndowmentC & S Vending EndowmentCarlander Family EndowmentDisabled Veterans Honor Fund DAV
EndowmentDistrict One Hospital EndowmentDr. Dick & Glenda Huston EndowmentFaribault Eagles #1460 EndowmentFaribault Hy-Vee EndowmentFaribault Scholarship Foundation, Inc.
EndowmentFarm Business Management
EndowmentGlen Norgaard EndowmentHarry Brown Family EndowmentJasinski Family EndowmentJean & Paul Gillis Endowment
Jim Munson EndowmentJohn & Lucille Hoban EndowmentKaren Lee Johnson Memorial
EndowmentKen & Pam Betsinger EndowmentMRG Tool & Die EndowmentMarathon Multimedia EndowmentMarvin & Sara Schrader EndowmentMary B. McGillen Memorial
EndowmentMet-Con Companies EndowmentPhilip J. DuLac Memorial EndowmentRae Ormsby Nursing EndowmentRaymond J. Freund EndowmentRichard Sunsdahl EndowmentRichie Family EndowmentRoger & May Golden EndowmentTony Korba Memorial Endowment
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Our DonorsLEGACY CIRCLE (DONORS WHO HAVE INCLUDED THE SCC FOUNDATION IN THEIR ESTATE PLANS)
PRESIDENT’S CIRCLE $10,000-24,999
VICE PRESIDENT’S CIRCLE $5,000-9,999
DEAN’S CIRCLE $1,000-4,999
Carlander FamilyGene Haas Foundation
Disabled American Veterans MN Chapter 20 & DAV Minnesota Foundation
Gray Family Educational FoundationXcel Energy
Gabe Ormsby & Heidi Eschenbacher
AAUW- Faribault Branch Allina HealthMichele BrielmaierCable Connection & Supply Company,
Inc.Cinch Connectivity SolutionsCrane Creek AsphaltE.F. Johnson Foundation Faribault Foods, Inc.Faribault Rotary ClubFaribault Transportation/Minnesota
Coaches 1st United BankJean & Paul GillisDr. Dick HustonIME-Becas Grant
ISG Lions Club of Faribault MRG Tool & DieMinnesota Precision Manufacturing
Association (MPMA) Education Foundation
Northwestern Mutual FoundationDr. Annette ParkerStephen & Ann PribylReliance BankSouthern Minnesota WoodcraftState Bank of Faribault Sandra J. ThomasVarley ConstructionGeorge Wickstrom, Jr.
Anonymous Dr. Dick HustonKathy Jasnoch
Viril C. LaytonLarry LuedkeSandra Thomas
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Our DonorsDIRECTOR’S CIRCLE $500-999
SCHOLAR’S CIRCLE $250-499
CIRCLE OF FRIENDS $1-$249
Ag Power Enterprises, Inc.AgStar Financial ServicesAmeriprise Financial AdvisorsAmesbury TruthAnonymous (3)Barton Jackson AgencyMary Jo Benoit & Dennis StadlerAnnette BensonBoldt Funeral HomeCarla & Byron BradyAl & Jean BronnenbergDan BurnsDakota/Rice County Corn & Soybean
Growers & their checkoffsArlene EliasonDr. Ted & Jamie EricksonGary Feichtinger Benet & Cheryl J. FreundAla GarlinskaRoger & May GoldenDerrick GregorTom & Liz HartmanHeartman Insurance
Catherine HollingerHome Town Credit UnionInnovative Office SolutionsJohn JasinskiDonna & Larry KaspersenGary & Terri KindsethEric KinsleyTroy MarquardtShelly MegawRick MillerParker Kohl Funeral HomeSchmidt HomesWillis & Maxine SchoebPamela SchweimSertoma Club of FaribaultJohn J. SmithSteele Waseca Cooperative Electric Gary & Nancy SwansonDr. Scott TaylorUS Bank Gabe ViethsMark WeheDoug & Barb Wertish
Fanah AdamMark AdelmanAffinity Plus Credit Union Allina Doers ProgramClarence & Vivian AndersonCheryl Anderson & Terry TrumpJulie AndersonKymn Anderson
Mark BaasHenry & Runice BauerDr. Richard & Phyllis BergeAndy BohlenMargaret BrewerGene & Barb BuhrCity & Lakes DisposalDr. Dean & Pat Clarke
American Legion AuxiliaryMarian BahlKen & Pam BetsingerJohn & Jackie CarlanderCarpentry ContractorsCedar Lake Electric Community Co-op Oil AssociationDick & Lynn CookDave EdwardsFaribault Daily News Fraternal Order of Eagles Faribault
Aerie 1460 Rod GramseGreat Lakes Higher Education
Corporation Emergency GrantCate Grinney & Stephen Hunter
Jerry & Louise GroskreutzBill & Jeanne HankersonHormel Foods Corporation Charitable
TrustRandall HustonLonna LysneMercury Minnesota, Inc.Tom & Danny MerrillBecky A. MillerPat & Sara MorrisDennis PasseriPremier BankShelly Rockman & Brian KuehnStonebridge Capital Advisors, LLCSusan M. TarnowskiChad & Courtney Wolff
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Our DonorsCIRCLE OF FRIENDS $1-$249 (CONTINUED)Lois Donahue Cleary College City BeverageJacob Cook FamilyMelvin CramCustom Glass & MirrorBeth DanberryJason & Maggie DeMarsTom DillonJayne DinseCarmen DorrDominic DuLacTroy DunnBarbara EmbacherKenneth ErnsteFaribault Area Retired Educators Faribo Air Conditioning and Heating Faribo Farm & Home Supply, Inc.Faribo Plumbing & HeatingRon & Sara FitchFloor to Ceiling Floors by Farmer Fox Video Mary FreeburgCarol & Mark FreedBen FromanDon & Theone GilbertsonCharles GoettlicherRussell GramseDave & Myrna GreenJean GuerberMark & Lori GustafsonLarry HafemeyerHalo Branded Solutions/Scott
MarkmanHalvorson Farms Nicole HamiltonDavid HammittLaura HardyDwight & Ruth HildebrandtMary & Alvin HoGus & Helen HoffmannStacy HohensteinJohnna HortonHumphrey Manlift Company, Inc. Anne & Doug JohnsonTom KammerAl KlueverFarryl & Pat KluisKristen KochBrian KnutsonFrank KrenskeLisa & Mikel Lamor
Dick & Mary Ann LangeslagPat & Telly LangevinLinda LenzDon LitzauKristopher LovstadTim & Wendie MadiganGloria MaldonadoDiann MartenTracy McAdamNalani McCutcheon & Kathy
SandbergMark McKennaLisa MelchiorTerry & Anna Meschke FamilyFran MillerDawn MillsGordy & Carolyn MinshallCandence Mortenson-KlimpelJim & Sharon MunsonPeter NeigebauerKelly NelsonChris NelsonAmber NessTeresa NeubertMark OlchefskeJennifer Ongie-JindraMark PaddockJim & Patsy PagelDawn PearsonBrent & Bri PeroutkaGloria PettipieceDustin PilcherSarah PlathElizabeth & Brad Prangeprocon, Inc.Reese, Winter & Associates, Ltd.Scott RaheGarrett & Amanda ReganLeRoy & Shirley RockmanTrisha Rosenfeld & Joe DuncanDebra SalmonRick & Shari SandersDeann SchloesserRaymond SchmidtShawn SchroederJeanne & Tom SchoenbauerJeff & Kathryn SchultzNorma SchultzKen & Kathy SevcikJudith J. ShultzAndrea SietsemaCarroll Springmeyer
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Our DonorsCIRCLE OF FRIENDS $1-$249 (CONTINUED)Tracy Stokes-HernandezLinda StoweTimber Lodge SteakhouseJohn & Audrey TobinCindy TomlinsonMarv & Sandy TrandemBob & Kay TrenchJohn & Jeanne UllianChuck & Pat UmbreitUpper Midwest Management
Lambert Van Haren/Van Haren ICFMarilyn WeberLucinda WellsDiane WergelandStephanie WernerTerry WestonKelcey Woods-NordPeter WruckDoug & Nancy Zahn
Financial InformationUnaudited
Assets Cash and cash equivalents $366,713 Pledges receivable $5,479 Investments $1,851,682TOTAL ASSETS $2,223,874
Liabilities Future Scholarships $124,200
Net Assets Unrestricted $1,241,818 Temporarily restricted $297,716 Permanently restricted $560,140 $2,098,858
TOTAL LIABILITIES AND NET ASSETS $2,223,874
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Memorials & Other Gifts
In Celebration of the Dedication of the Mary B. McGillen Memorial Sculpture at SCC/Shelly Rockman
In Celebration of Brian Knutson’s Retirement/Shelly Rockman
In Memory of/Given by:Dorothy Brodie/Shelly RockmanClarence Cornell/Rick & Shari
SandersIrene Gramse/Shelly RockmanGerald A.H. Groskreutz/Shelly
RockmanDoris Labs/Shelly RockmanRae Ormsby/Gabe Ormsby & Heidi
Eschenbacher
John Simek/Cindy TomlinsonJohn Tobin/Dr. Richard & Phyllis
Berge Laura Hardy Jim & Sharon Munson Shelly Rockman Gary & Nancy SwansonRandy Trump/Cheryl Anderson &
Terry Trump
MEMORIALS
OTHER
Carla & Byron P. Brady matched by U.S. Bank
Jerry & Louise Groskreutz matched by Hormel Foods Charitable Trust
Trisha Rosenfeld & Joe Duncan matched by Xcel Energy
George Wickstrom, Jr. matched by Northwestern Mutual Foundation
MATCHING GIFTS
1st United BankAllina Health/Allina Health Clinic-
Faribault & District One HospitalFaribault Foods/LaCosteña/Arizona
Canning Company
MRG Tool & DieState Bank of FaribaultSteele Waseca Cooperative ElectricXcel Energy
SCHOLARSHIP CEREMONY SPONSORS
Met-Con Companies
LONG-TERM PLEDGES COMPLETED
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In-Kind ContributionsTO THE FOUNDATION
Advanced Coil TechnologyMississippi Welders SupplyWenger CorporationMcNeilus Companies
Trinity MeyerLindsay Window & DoorTrnka Woodproducts
IN-KIND CONTRIBUTIONS TO SOUTH CENTRAL COLLEGE
Ahlman’sAldiArna Farmer Catering & CakesBashers Sports Bar & Grill/J&J Bowling
CenterBates Biplanes, LLCBernie’s GrillBSB ExpressionsBio Wood ProcessingCarla & Byron BradyCarla’s CandiesChappuis JewelryCommunity Co-op Oil/MobilCrossroads Skin CareDeCoux Automotive, Inc.Dee MaasDepot Bar & GrillEl Tequila Mexican Restaurant-Faribault
& NorthfieldEngage PrintJulie M. FaklerFamily of Vi O’BrienFaribault Daily NewsFaribault Tire & AutoFaribault TransportationFaribault Woolen Mill Co.Farmer Seed & NurseryFashions on CentralFinally A Gift StoreFit for Life by Sheila RollingFitness in MotionF-Town BreweryGary L. Voegele, Attorney at LawGran Plaza Mexican Grill-Faribault &
NorthfieldGrandStay Residential SuitesLaura HardyHy-Vee/Caribou CoffeeInsty-PrintsJohn’s Bait & Tackle
Korman Law OfficeBrian KuehnLarson’s PrintingMedford Senior Care/Whistle Stop CaféMcDonald’sMet-Con CompaniesMirakel SalonMortenson Fire & SafetyMark PaddockParadise Center for the ArtsPaul Swenson PhotographyPermanent Cosmetics by AnnettePlaza Morena Campestre GrillR.C. Bliss Ford, Inc.Richie Eye ClinicLeRoy RockmanSCC BookstoreSCC Center for Business & IndustryRick SandersSouth Oak Express LubeSouthern Heights Dental GroupSportswear by DesignSteven Schmidt ConstructionStudio 14 Salon & SpaDr. Susan TarnowskiThe Cheese CaveThe Coffee Shop & Chocolate HavenThe Nook & CrannyTown Square Media/KDHL & Power 96TrystarUncle B’s Last Chance BBQ ShackUrban Finds & BistroLinda VanLearWal-MartIvan WhillockWhillock WoodcarvingWinjum’s Shady Acres Restaurant &
ResortXcel Energy
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Named ScholarshipsAAUW – Faribault Branch ScholarshipAllina Health ScholarshipsAmerican Legion Auxiliary ScholarshipAnn (Splinter) Anderson Alumni
Endowment ScholarshipBruce Sellner Memorial Endowment
ScholarshipByron & Carla Brady/US Bank
ScholarshipC & S Vending Endowment ScholarshipCarlander Family Endowment
ScholarshipsCarpentry Contractors Company
ScholarshipCinch Connectivity Solutions
ScholarshipsClarence R. & Mildred A. Skaar
Memorial ScholarshipsCrane Creek Asphalt ScholarshipsDetermined Student ScholarshipDisabled Veterans Honor Fund DAV
Endowment ScholarshipDistrict One Hospital Endowment
ScholarshipDr. Dick & Glenda Huston Endowment
ScholarshipsE.F. Johnson Foundation ScholarshipsFaribault Eagles #1460 Endowment
ScholarshipFaribault Foods, Inc. ScholarshipFaribault Hy-Vee Endowment
ScholarshipFaribault Rotary Club ScholarshipsFaribault Scholarship Foundation, Inc.
Endowment ScholarshipsFaribault High School Alumni & Friends
ScholarshipFaribault Transportation/Minnesota
Coaches Scholarship1st United Bank ScholarshipsGene Haas Foundation ScholarshipsGertrude A. Beaupre Memorial
ScholarshipsGlen Norgaard Endowment ScholarshipGray Family Educational Foundation
ScholarshipsHannah Lips Foundation ScholarshipsIME-Becas Scholarships
ISG ScholarshipJasinski Family Endowment ScholarshipJean & Paul Gillis Endowment
ScholarshipJim Munson Endowment ScholarshipJohn & Lucille Hoban Endowment
ScholarshipJoseph Thomas Markman Memorial
ScholarshipKaren Lee Johnson Memorial
Endowment ScholarshipKen & Pam Betsinger Endowment
ScholarshipLeona J. Pribyl ScholarshipLions Club of Faribault ScholarshipsMarathon Multimedia Endowment
ScholarshipMarvin & Sara Schrader Endowment
ScholarshipMary McGillen Memorial Endowment
ScholarshipMinnesota Precision Manufacturing
Association Educational Opportunities Foundation Scholarships
MRG Tool & Die Endowment Scholarship
Philip J. DuLac Memorial Endowment Scholarship
Raymond J. Freund Endowment Scholarship
Rae Ormsby Nursing Endowment Scholarship
Reliance Bank ScholarshipRichard Sunsdahl Endowment
ScholarshipRichie Family Endowment ScholarshipRoger & May Golden Endowment
ScholarshipSandra J. Thomas Nursing ScholarshipSCC Faculty & Staff ScholarshipsSCC Faribault Campus Foundation
Presidential & Blue Academic Scholarships
State Bank of Faribault ScholarshipsTony Korba Memorial Endowment
ScholarshipWesley Bahl Memorial ScholarshipsXcel Energy Scholarships
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Mission StatementThe South Central College Faribault Campus Foundation actively supports higher education and training programs of SCC by:
• Maintaining and growing a sound investment and endowment program
• Generating funds for scholarships and program support• Promoting awareness of and advocating for SCC Faribault
campus programs
Vision StatementSouth Central College Faribault Campus Foundation will be a valued source of financial support for student aid and program enhancement by:
• Expanding the donor base and fund-raising strategies• Increasing net assets and endowment funds• Increasing the number and amount of student scholarships• Establishing a sufficient staff to support
Foundation goals
Guiding PrinciplesThe South Central College Faribault Campus Foundation’s actions will be guided by the following principles:
• Preserving and protecting funds committed to the Foundation• Operating a fair and objective process for granting scholarships
and program requests• Respecting donor expectations and requirements• Acknowledging donor contributions• Aligning Foundation mission and vision with those of South
Central College
Adopted December 14, 2009
1225 Third Street SW • Faribault, MN 55021
South Central College Faribault Campus Foundation
2015-2016 Board of DirectorsRick Miller, President
Carla Brady*, Vice President
Douglas Zahn, Secretary/Treasurer
Dr. Cheryl Freund, At-Large Officer
Dr. Dick Huston, At-Large Officer
Richard Cook
Carmen Dorr
Meredith Erickson
Mike Gramse*
Jerry Groskreutz
Barton Jackson
John Jasinski
Donna Kaspersen
Victoria Magner
Trisha Rosenfeld
Stephanie Werner*
Dr. Richard Berge (Honorary)
*South Central College Alumni
Shelly RockmanExecutive Director
[email protected](507) 332-5808