annual report - south central college · 2017-11-06 · 2 president’s message during the...
TRANSCRIPT
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A N N U A L
REPORT2 0 1 6 - 2 0 1 7
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President’s MessageDuring the 2016-2017 year, it was my privilege to serve as the President of South Central College Faribault Campus Foundation Board of Directors. As I have
served on the board, the generosity of the community continues to amaze me as they give of their time, talents, equipment and monetary donations. During this past year, we were able to raise over $173,000 for scholarships to directly support our students on campus.
In 2000-2001, as a non-traditional student, I was a recipient of a scholarship from SCC as I pursued my AAS degree in Accounting. Obtaining my degree at SCC is one of those life moments that I hold dear. I can attest that my education was first rate, and upon completion it opened new career doors for me. I can tell you first hand that receiving a scholarship made me feel connected to my community. I took great pride in knowing that a business from the local area saw a benefit to investing in me, as a student, to help me reach my career goal and my degree. I was working full time at a local financial institution, a mother of 5 children, carrying a full load of credits to finish in two years. The scholarship lightened my financial burden, for which I am forever grateful. Because of the support I received when I needed it, I am now giving back, as a volunteer and board member of the Foundation.
I want to thank each of you, for your contributions to the fundraising activities, allowing the Foundation to fund so many, much-appreciated scholarships. I also want to thank Shelly as the director, and the Foundation Board members for their commitment to keeping the foundation strong to support students in the future. By investing in today’s students, the future continues to look brighter. The Foundation could not exist without your generosity. Thank you!
Sincerely,
Carla T. Brady SCC Foundation Board President 2016-2017
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Points of Pride• The Foundation committed $106,200
in scholarships to Faribault campus students for 2017-18.
• Presidential Scholar Hamdi Abdi from Owatonna High School graduated in May with an Associate of Arts degree and Hunter Gare from Faribault High School was selected as the 2017-19 Presidential Scholar. Hunter will receive free tuition for two years to pursue an Associate of Arts degree.
• In FY16 the South Central College Faribault Campus Foundation provided a $6.36 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 fifth annual Corporate Alumni Campaign. Their gifts with match have raised nearly $29,000 for Computer Integrated Machining student scholarships.
• The John Tobin Endowment was finalized and a scholarship fund was started in memory of Gordy Adamek.
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 DAVDistrict 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 EndowmentJim Munson Endowment
John & Lucille Hoban EndowmentJohn Tobin 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 Donors
Anonymous Dr. Dick HustonKathy Jasnoch
Viril C. LaytonLarry LuedkeSandra Thomas
LEGACY CIRCLE (DONORS WHO HAVE INCLUDED THE SCC FOUNDATION IN THEIR ESTATE PLANS)
Carlander Family Gene Haas Foundation
Jean & Paul Gillis Lee Foundation
PRESIDENT’S CIRCLE $10,000-24,999
Gray Family Educational FoundationRick Ormsby
Xcel EnergyVICE PRESIDENT’S CIRCLE $5,000-9,999
1st United BankAAUW-Faribault BranchRosanne AdamekAllina HealthAnonymousCable Connection & Supply
Company, Inc.Cinch Connectivity SolutionsConsulate of Mexico in St. Paul
IME-Becas GrantCrane Creek AsphaltE.F. Johnson FoundationFaribault Foods, Inc.Faribault Rotary ClubFaribault Transportation/Minnesota
CoachesGreat Lakes Higher Education
Corporation Emergency GrantHannah Lips Foundation
Dr. Dick & Nancie HustonThe Meade Foundation, Inc.Minnesota Precision Manufacturing
Association (MPMA) Education Foundation
MRG Tool & DieNorthwestern Mutual FoundationDr. Annette ParkerStephen & Ann PribylReliance BankMarvin & Sara SchraderSouthern Minnesota WoodcraftState Bank of FaribaultSandra J. ThomasAudrey TobinB. Susan Troxler & C. Scott ClendeninVarley ConstructionGeorge Wickstrom, Jr.
DEAN’S CIRCLE $1,000-4,999
American Legion Auxiliary Anonymous David Armstrong Marian Bahl Ken & Pam Betsinger Carla & Byron Brady John & Jackie Carlander Carpentry ContractorsCedar Lake ElectricCentral Farm ServiceDick & Lynn Cook Domaille EngineeringDave Edwards Dr. Ted & Jamie Erickson Faribault Daily News
Fraternal Order of Eagles Faribault Aerie 1460
Peter Freund Roger & May Golden Jerry & Louise Groskreutz Bill & Jeanne Hankerson Hormel Foods Corporation
Charitable TrustJo Anne Jasinski Lions Club of FaribaultLonna Lysne Mercury Minnesota, Inc.Tom & Danny Merrill Becky Miller Minnesota Elks Association
Charitable Trust
DIRECTOR’S CIRCLE $500-999
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Our Donors
Mark A. Adelmann AgStar Financial ServicesCheryl Anderson Advanced Coil TechnologyAmerican Family Insurance/Barton
Jackson AgencyAnonymousBigfork Builders, Inc.Boldt Funeral HomeAl & Jean Bronnenberg Dan Burns Matt Carlander Dakota & Rice County Corn &
Soybean Growers Association & their checkoffs
The DeMars FamilyArlene Eliason Gary Feichtinger Dr. Cheryl & Benet Freund Tom & Linda Gagnon Ala Garlinska Derrick Gregor Tom & Liz Hartman Catherine Hollinger
Home Town Credit UnionIsland Tool & DieDonna & Larry Kaspersen Gary & Terri Kindseth Eric Kinsley Troy Marquardt Rick Miller Jennifer Ongie-Jindra Minnesota Manufacturers Group Self- Insurance AssociationParker Kohl Funeral HomeDawn Pearson Willis & Maxine Schoeb Pamela Schweim Sertoma of FaribaultDarci Stanford Steele-Waseca Cooperative ElectricScott Taylor John & Jeanne Ullian Gabe Vieths Mark Wehe Doug & Barb Wertish
SCHOLAR’S CIRCLE $250-499
CIRCLE OF FRIENDS $1-$249Helen Aase Joseph & Lori Adamek Kevin Adamek Allina Doers ProgramAlliance Benefit GroupClarence & Vivian Anderson James & Kymn Anderson Julie AndersonAnonymous (2)Mark Baas Annette Benson Dr. Richard & Phyllis Berge Margaret Brewer Richard & LaVonne Brick Nicholas Brown Dianne Brown Brushwork SignsPawel Buda Gene & Barb Buhr Janet & Harry Chromy
City & Lakes DisposalPat Clarke Comprehensive Wealth SolutionsMelvin Cram Beth Danberry Mike & Ann DeGrood JoAnne DeGrood Thomas Dillon Jayne Dinse Lois Donahue Cleary Carmen Dorr Barbara J. Drentlaw Troy & Tara Dunn Randy & Shannon Edel Barb Embacher Fanah’s Family Faribault Area Chamber of CommerceFaribault Area Retired EducatorsFaribo Air Conditioning & HeatingFloors by Farmer
DIRECTOR’S CIRCLE $500-999 (CONTINUED)Patrick & Sara Morris Bob & Julie Olson Premier BankShelly Rockman & Brian Kuehn John Smith South Central Builders Association
Susan Steck Stonebridge Capital Advisors, LLCSusan M. Tarnowski US BankChad & Courtney Wolff
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Our DonorsCIRCLE OF FRIENDS $1-$249 (CONTINUED)Ron & Sara Fitch Floor to CeilingMary Freeburg Carol Freed Dorothy Gallagher Martin & Randy Gardner Theone Gilbertson Charles Goettlicher Dave & Myrna Green Steve Greene Gerald & Anita Grommesh Jean Guerber Patricia Gustafson Halo Branded Solutions/Scott
MarkmanDale & Mary Hamilton Nicole HamiltonDave & Jill Hammitt Ron & Jeanette Hammond Laura Hardy Peter Heldt Ruth & Dwight Hildebrandt Gregory Hintz Mary & Alvin Ho Gus & Helen Hoffmann Lawrence & Miranda Hopkins Johnna Horton Humphrey ManliftAnne & Doug Johnson Richard & Trudy Johnson John & Kathy Kastner Dr. Mitzi Kennedy Sarah & Kyle Klawiter Al Kluever Farryl & Pat Kluis Brian Knutson Kristen Koch Francis Krenske Larry & Shirley Krohn Valerie Kruse Cory & DeAnn LaCanne
Lisa Lamor Dick & Mary Ann Langeslag James & Marian Langeslag Pat & Telly Langevin Viril & Mary Layton Jason Leet Dave & Christi LeMieux Linda Lenz Donald Litzau Kris Lovstad Tim & Wendie Madigan Gloria Maldonado Todd & Lori Jo Markman Tracy McAdam Allen & Allyn McColley Nalani McCutcheon & Kathy
Sandberg John & Pam McGillen Kate McGillen Shelly Megaw Patrick & Darlene Meillier Lisa Melchior Suzy Meneguzzo Terry & Anna Meschke Family Steve Mills Minnesota Mattress FactoryMoose Lodge #2098Candence Mortenson-Klimpel Jim & Sharon Munson Peter Neigebauer Chris Nelson Kelly Nelson Amber Ness Glen & Shirley Norgaard Odette Welding ResourcesMark Paddock Jim & Patsy Pagel Hannah Palmquist Brent & Brianne Peroutka Gloria Pettipiece Gerald & Alathea Pineur
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Our DonorsCIRCLE OF FRIENDS $1-$249 (CONTINUED)Sarah Plath Lavaun Postier Elizabeth Prange Scott Rahe Garrett & Amanda Regan John Reinhard Charles & Denise Reuvers Pat Rice Rice County AbstractLisa Rieke Jason Robinson LeRoy & Shirley Rockman Steve Roell & Aleen Waters Trisha Rosenfeld Royal Ross Rick & Shari Sanders William & Cindy Sauber Brad & LuAnn Schloesser Deann SchloesserRaymond Schmidt Jeanne Schoenbauer Shawn Schroeder Jeff & Kathryn Schultz
Norma Schultz Ken & Kathy Sevcik Judith Shultz Andrea Sietsema Laura & Harlan Smid Carroll Springmeyer Linda Stowe Elaine Sunsdahl Kenneth & Wendy Susen Audrey Swanson Robert & Julie Teske Herbert & Janice Thielbar Timber Lodge SteakhouseBob & Kay Trench Kenneth & Arlene Tuma Mike Tupa Chuck & Pat Umbreit Marilyn Weber Lucinda Wells Kelcey Woods-Nord Doug & Nancy Zahn Judy Zeiger Richard Ziskovsky
In Memory of Gordy Adamek/ Given by:Joseph & Lori AdamekKevin AdamekRosanne AdamekJoyce Adams & Tonya ForbrookAlliance Benefit GroupAllina HealthJames & Kymn AndersonRichard & LaVonne Brick Dianne BrownNicholas BrownBrushwork SignsJoAnne DeGroodMike & Ann DeGroodRandy & Shannon EdelFaribault Area Chamber of CommerceDorothy GallagherMartin & Randy GardnerDave & Jill HammittGregory HintzLawrence & Miranda HopkinsRichard & Trudy Johnson
John & Kathy KastnerSarah & Kyle Klawiter Larry & Shirley KrohnSeth & Jo Elyn KrohnValerie KruseCory & DeAnn LaCanneJames & Marian LangeslagDave & Christi LeMieuxAllen & Allyn McColleyThe Meade Foundation, Inc.Patrick & Darlene MeillierMinnesota Manufacturers Group Self-Insurance AssociationGerald & Alathea PineurStephen & Ann PribylCharles & Denise ReuversShelly RockmanSteve Roell & Aleen WatersWilliam & Cindy SauberLaura & Harlan SmidState Bank of FaribaultKenneth & Wendy SusenAudrey SwansonRobert & Julie Teske
Memorials & Other GiftsMEMORIALS
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Gertrude A. BeaupreMervin “Pete” Beaupre
Glenda Taylor Huston Clarence R. & Mildred A. Skaar
BEQUESTS BEQUESTS ARE GIFTS RECEIVED BY THE FOUNDATION FROM A WILL OR ESTATE PLAN. BEQUESTS HAVE BEEN RECEIVED FROM THE FOLLOWING:
Carla & Byron P. Brady matched by US Bank
Jerry & Louise Groskreutz matched by Hormel Foods Corporation Charitable Trust
Trisha Rosenfeld matched by Xcel Energy
George Wickstrom, Jr. matched by Northwestern Mutual Foundation
MATCHING GIFTS
1st United Bank Allina Health/Allina Health Clinic-
Faribault & District One Hospital Faribault Foods/LaCosteña/Arizona
Canning Company
MRG Tool & Die State Bank of Faribault Steele Waseca Cooperative Electric US Bank
SCHOLARSHIP CEREMONY SPONSORS
In Memory of Gordy Adamek/ Given by (Cont.):Herbert & Janice ThielbarB. Susan Troxler & C. Scott ClendeninKenneth & Arlene TumaMike Tupa
In Memory of/Given by:Lisa Budahl/Shelly RockmanRae Ormsby/Lavaun Postier Len Painter/Shelly RockmanDuWayne Prange/Cheryl AndersonDuWayne Prange/Shelly RockmanMarilyn Walker/Shelly Rockman
MEMORIALS (CONTINUED)
Memorials & Other Gifts
Financial InformationUnaudited
Assets Cash and cash equivalents $361,126 Pledges receivable $1,976 Investments $2,062,606TOTAL ASSETS $2,425,708
Liabilities Future Scholarships $106,200
Net Assets Unrestricted $1,372,194 Temporarily restricted $321,292 Permanently restricted $626,022 $2,319,508
TOTAL LIABILITIES AND NET ASSETS $2,425,708
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In-Kind Contributions
Chadderdon LumberChart IndustriesHennen EquipmentLamperts Lumber
Lee FoundationMet-Con LumberMississippi Welders SupplyWenger Corporation
IN-KIND CONTRIBUTIONS TO SOUTH CENTRAL COLLEGE
1st United BankAhlman’sCheryl AndersonArna Farmer Catering & CakesBates BiplanesBernie’s GrillBluebird CakeryCarla & Byron BradyBrushwork SignsBSB ExpressionsCarla’s CandiesChappuis JewelryThe Cheese CaveThe Coffee Shop & Chocolate HavenCommunity Co-op OilCommunity Coop/MobilCrack of Dawn BakeryCreative Glass Concepts/The
ScherfenbergsCybex InternationalDeCoux Automotive Inc.Jason & Maggie DeMarsThe Depot Bar & GrillEl Tequila Family Restaurant FaribaultEl Tequila Family Restaurant NorthfieldElliegail’s Bakery & DeliF-Town BreweryJulie M. FaklerFamily of Vi O’BrienFareway Stores, Inc.Faribault Daily NewsFaribault Tire & AutoFaribault TransportationFaribault Woolen Mill Co.Farmer Seed & NurseryFashions on CentralFinally A Gift StoreFit for Life by Sheila RollingFitness in MotionGary L. Voegele, Attorney at LawGran Plaza Mexican Grill FaribaultGran Plaza Mexican Grill NorthfieldGrandStay Residential SuitesHair Tech/Brenda MorrisHoffman, Hamer & Associates, PLLCHolmquist PotteryDr. Dick & Nancie HustonHutchinson House Bed & Breakfast
Hy-Vee Caribou CoffeeInsty-PrintsJoe’s Sports CaféJohn’s Bait & TackleJudd, Ostermann & DemroKOWZ 100.9 FMLacey’s CateringLarson’s PrintingMain Street ProjectMcDonald’sMedford Senior Care/Whistle Stop CafeAlejandro & Natalia MendozaJose & Merry MendozaMet-Con CompaniesMortenson Fire & SafetyParadise Center for the ArtsPaul Swenson PhotographyPermanent Cosmetics by AnnetteThe Picking Pair/Laurie Kodet & Tom
RentPlaza Morena Campestre GrillR.C. Bliss Ford, Inc.Richie Eye ClinicLeRoy & Shirley RockmanRenee RockmanShelly Rockman & Brian KuehnSCC BookstoreSCC Carpentry StudentsSCC Center for Business & IndustrySignature Bar & GrillSouthern Heights Dental GroupStar Trophy & ApparelState Bank of FaribaultSteven Schmidt ConstructionStudio 14 Salon & SpaSunset Salon/Maria Gannon & Susan
RostNicole TachenyTown Square Media/KDHL & Power 96TrystarUrban Finds & BistroLinda Van LearWal-MartThe Warehouse AChris Whillock/Whillock WoodcarvingIvan WhillockWoodland Art & Framing StudioXcel Energy
TO THE FOUNDATION
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Named Scholarships1st United Bank ScholarshipsAAUW ScholarshipsAllina Health ScholarshipsAmerican Legion Auxiliary ScholarshipAnn (Splinter) Anderson Alumni
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 ScholarshipFaribault Eagles #1460 Endowment
ScholarshipFaribault Foods, Inc. ScholarshipFaribault Hy-Vee Endowment
ScholarshipFaribault Rotary Club ScholarshipFaribault Scholarship Foundation, Inc.
Endowment ScholarshipFaribault High School Alumni & Friends
ScholarshipFaribault Transportation/Minnesota
Coaches ScholarshipGene Haas Foundation ScholarshipsGertrude A. Beaupre Memorial
ScholarshipsGlen Norgaard Endowment ScholarshipGordy Adamek Memorial ScholarshipGray Family Educational Foundation
ScholarshipsHannah Lips Foundation ScholarshipsHarry Brown Family Endowment
Scholarship
IME-Becas ScholarshipsJasinski Family Endowment ScholarshipJean & Paul Gillis Endowment
ScholarshipJim Munson Endowment ScholarshipJoseph Thomas Markman Memorial
ScholarshipKaren Lee Johnson Memorial
Endowment ScholarshipKen & Pam Betsinger Endowment
ScholarshipLeona J. Pribyl ScholarshipLions Club of Faribault ScholarshipsMarvin & Sara Schrader Endowment
ScholarshipsMary McGillen Memorial Endowment
ScholarshipMet-Con Companies Endowment
ScholarshipMinnesota Precision Manufacturing
Association (MPMA) Educational Foundation Scholarships
MRG Tool & Die Endowment Scholarship
Philip J. DuLac Memorial Endowment Scholarship
Raymond J. Freund Endowment Scholarship
Rae Ormsby Nursing Endowment Scholarships
Reliance Bank ScholarshipRichard Sunsdahl Endowment
ScholarshipRichie Family Endowment ScholarshipRoger & May Golden Endowment
ScholarshipSandra J. Thomas Nursing ScholarshipSCC Faculty & Staff ScholarshipSCC Faribault Campus Foundation
Presidential ScholarshipSCC Nursing ScholarshipsSouth Central Builders Association
ScholarshipSouthern Minnesota Woodcraft
ScholarshipState Bank of Faribault ScholarshipsWesley Bahl Memorial ScholarshipXcel 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
2016-2017 Board of Directors
Carla Brady*, President
Richard Cook, Vice President
Douglas Zahn, Secretary/Treasurer
Dr. Cheryl Freund, At-Large Officer
Dr. Dick Huston, At-Large Officer
Carmen Dorr
Jamie Erickson
John Fossum
Mike Gramse*
Jerry Groskreutz
Barton Jackson
Donna Kaspersen
Rick Miller
Jason Robinson*
Trisha Rosenfeld
Dr. Richard Berge (Honorary)
*South Central College Alumni
Shelly RockmanExecutive Director
[email protected](507) 332-5808