fy14 rvc annual report final
DESCRIPTION
Rock Valley College's annual report to the community for FY14.TRANSCRIPT
OUR COMMUNITY’S COLLEGEROCK VALLEY COLLEGE & FOUNDATION
REPORT TO THE COMMUNITY 2013
2 REPORT TO THE COMMUNITY | 2013
Rock Valley is our community’s college. We are here to serve, and it is our privilege to do so.
Our annual report to the community is a special opportunity for us to share accomplishments and news from the past academic year. This year’s report is aptly themed, “Our Community’s College.” Rock Valley College is on the cusp of a very special transition that will have great impact on our community. Our journey is essential, our path is clear, and our momentum is strong.
Let there be no mistake: we are our community’s college.
As we embark on the next critical steps in the life of the College, we thank Dr. Jack Becherer for nearly a decade of service and a calm and steady approach at a time when it was appropriate. Similarly, the current interim leadership is extremely well positioned for a period that includes – in the short term – a presidential search, an accreditation visit, and a renewed focus toward transforming our community through empowering its citizens.
These next steps will rely heavily on the collaborations and relationships we enjoy in our community. Critical partnerships have developed in the past few years, and we are proud that Rock Valley College is included in them. Current efforts have great impetus, and many emerging leaders are providing vision for education and business to preserve the collaborative spirit and advance the endeavors.
This is our community, and while we are proud to see all of our improvements, more must be, and will be done. Its citizens – and future citizens – need us. They need Rock Valley College.
At Rock Valley College, we challenge, support, and inspire students to provide themselves with the education, skills, and training to improve their lives and our community. Our faculty ask them to question the foundation of their beliefs and positions, to take a stand, and to be bold in everything they do.
This is an exciting time for our community’s college, and we will consider that same approach during this critical transition. We are committed to strengthening Rock Valley College and our community, and we are grateful for your partnership and support.
Michael Mastroianni Interim President, Rock Valley College
Michael P. Dunn, Jr. Chairperson, Rock Valley College Board of Trustees
Message from the College
Rock Valley is our community’s college. We are here to serve, and it is our privilege to do so.
CRYSTAL DINWIDDIE RVC Faculty Member of the Year
2013 | REPORT TO THE COMMUNITY 5
While working two or three jobs and attending classes, I served in leadership positions in both the S.H.A.P.E. Club and Phi Theta Kappa, and participated on the first Rock Valley College Model United Nations team. Looking back, these experiences motivated me in ways I didn’t think were possible. If it were not for the dedicated people at Rock Valley College who believed in me and challenged me to improve, I don’t think I would have become the person I am today. Rock Valley College was an amazing turning point in my life.
I went on to attend the University of Illinois in Urbana-Champaign, where I earned a bachelor’s degree in Sociology, followed by a master’s in Social Sciences from the University of Chicago. While I grew with my experiences at these universities, I believe they only built on the foundation laid down by a few of my K-12 teachers and, more significantly, my Rock Valley College professors.
Upon completion of graduate school, I stopped in to see Professor Jerry Crane. I was invited to serve as a guest lecturer in a few classes in the fall of 2006 and, then was hired to teach two of my own Introduction to Sociology courses in the spring of 2007. Soon thereafter, a full-time, tenure-track sociology position was available, which required my expertise in racial and ethnic relations. I applied and was hired.
I think what’s important about my story (and the story of so many others) is that it shows how our community and our College are positioned to cultivate the talent of our residents. Many of us can and do come full circle. For me, teaching at Rock Valley College has been a homecoming. I am back in my academic home with my academic family. And like any good family, they continue to support and develop me. It is because of them and my students that I strive to be better today than I was yesterday. As I witness students pursuing their dream careers at Rock Valley College, I continue to think about how this wonderful institution positively shapes their lives, as it has mine.
Crystal Dinwiddie, RVC Faculty Member of the Year
Coming Full CircleWhen I was 11 years old, I moved from Arlington Heights, Ill., to a middle-class neighborhood in Rockton. Coming from generations of working class families, the expectation was to finish high school and find a job; anything beyond that was supported, but extra.
My teachers at Hononegah High School raised my level of expectation to a point where I saw college as an option; however, like many first-generation college students, the idea of college was financially and emotionally daunting. Thanks to a Rock Valley College scholarship, a college career became real, much to my family’s delight.
When I arrived at Rock Valley College as a wide-eyed freshman, I quickly became an enthusiastic advocate for the College by getting involved in several campus clubs and organizations, including the S.H.A.P.E. Club (the Social Sciences club). Within a couple of months, the advisors started introducing me as the club president. They had been looking for a student leader and, though I was shy, they must have seen my leadership potential. In this position, I had the guidance of Jerry Crane, Martin Quirk, Erin Fisher, Beth Ingle, and most of the Social Science department. From that point on, when my parents could no longer help me with college, I turned to my “academic parents” for guidance and support.
Q“Thanks to a Rock Valley College scholarship, a college career became real, much to my family’s delight.
- Crystal Dinwiddie, RVC Faculty Member of the Year
6 REPORT TO THE COMMUNITY | 2013
The Impact of Our Community’s CollegeRock Valley College is our community’s college. We see it every day on campus in our students, faculty, and administration. We take tremendous pride in providing education, experience, and resources, as well as creating a skilled workforce now and in the future for this great community. The numbers from the Economic Modeling Specialists, International, study (EMSI June 2013) in the following passages are telling. A Rock Valley College education leverages taxpayer dollars; generates a return on public investment; raises consumer spending and generates new revenue income, while at the same time raising state income and reducing social costs associated with lifestyle factors. A Rock Valley College education is the investment that will pay you back for a lifetime.
>> Taxpayer PerspectiveRVC LEVERAGES TAXPAYER DOLLARS • An estimated 96% of RVC students remain in Illinois and contribute to economic growth.
Students who enter the workforce expand the tax base by generating higher earnings and reducing social costs.
• Higher student earnings and associated increases in property income generate about $4.3 million in added tax revenue each year.
• State and local governments will save approximately $169,900 in avoided social costs each year, including savings associated with improved health, lower costs of law enforcement, and fewer welfare claimants.
RVC GENERATES A RETURN ON PUBLIC INVESTMENT • State and local governments allocated about $44.5 million in support of RVC in FY 2011-12.
• For every dollar appropriated by state and local governments to RVC, taxpayers will see a return with a cumulative added value of $1.80 in the form of higher tax revenues and avoided social costs.
• State and local governments will receive a rate of return of 6.7% on their investments in RVC.
LONG-TERM RETURNTO STATE & LOCAL TAXPAYERS
ON THEIR RVC INVESTMENT
2012
2017
2022
2027
2032
2037
204
2
-$10.0
-$50.0
-$40.0
-$20.0
-$30.0
$20.0
$30.0
$40.0
$50.0
$0.0
$10.0
LONG-TERM RETURNTO STATE & LOCAL TAXPAYERS ON THEIR
ROCK VALLEY COLLEGE INVESTMENT
RO
I in
Mill
ions
2013 | REPORT TO THE COMMUNITY 7
>> Business PerspectiveRVC RAISES CONSUMER SPENDING • RVC employed 432 full-time and 325 part-time faculty and staff in the 2011-12 reporting year,
with an annual payroll of $46.3 million.
• In addition to payroll, RVC spent $28.9 million in FY 2011-12 for supplies and services, of which an estimated 39% was spent in Rock Valley College District 511.
RVC GENERATES NEW INCOME • RVC payroll and spending for supplies and services generate a net impact of $40.7 million
in added income in the economy each year.
• The increased productivity of workers due to the accumulation of past and present RVC skills in the Rock Valley College District 511 workforce contributes approximately $486.4 million in added income each year.
RVC CREATES A SKILLED WORKFORCE • RVC activities encourage new business, assist existing business, and create long-term economic
growth. The College enhances worker skills and provides customized training to local business and industry.
• An estimated 3 million RVC credits have accumulated in the Rock Valley College District 511 workforce over the past 30-year period as former RVC students (completers and non-completers) enter the regional workforce each year.
4%LONG-TERM
TRAINING
39%
SHORT-TERM TRAINING
15%
MODERATE-TERM TRAINING
3%GRADUATE
4%ASSOCIATE’S
DEGREE
8%
WORK EXPERIENCE
18%
BACHELOR’SDEGREE
9%
POSTSECONDARY
AWARDJOBS PROJECTED 2022
BY SKILL LEVEL IN ROCK VALLEY COLLEGE DISTRICT 511
$40.7OPERATIONS
EFFECT
$486.4PRODUCTIVITY
EFFECT
ADDEDINCOME
IN ROCK VALLEY COLLEGE DISTRICT 511 DUE TO RVC
($ MILLIONS)
8 REPORT TO THE COMMUNITY | 2013
>> Social PerspectiveRVC INCREASES STATE INCOME • The activities of RVC’s 2011-12 student body will generate about $30
million in labor income in the state economy each year.
• Once RVC’s current students become active in the workforce, they will promote business output, raise consumer spending, and increase property income in the state. All of this contributes an additional $13.8 million in taxable income each year.
• All together, higher student income and associated effects on business productivity add $43.8 million in income annually to the state economy.
RVC REDUCES SOCIAL COSTS • Education is statistically correlated with improved lifestyle behaviors,
including reduced incidences of absenteeism, alcohol abuse, and smoking, lower probability of committing crime, and fewer welfare and unemployment claims.
• It is estimated that RVC’s 2011-12 student population will generate social savings to the Illinois public equal to $2.1 million a year.
• These savings accrue to all state and local residents—students, homeowners, businesses, and taxpayers.
$75,000
$105,000
$20,000< HIGH SCHOOL
$30,000HIGH SCHOOL
$42,000ASSOCIATE’S
$61,000BACHELOR’S
MASTER’S
DOCTORATE
$43.8ADDED INCOME
$2.1SOCIAL SAVINGS
ANNUAL BENEFITSTO THE ILLINOIS PUBLIC DUE TO RVC
($ MILLIONS)
2013 | REPORT TO THE COMMUNITY 9
>> Student PerspectiveEDUCATION WILL PAY YOU BACK – FOR A LIFETIME • Students enjoy an attractive 16.9% rate of return on their RVC educational investment.
• Over the course of his or her working career, the average RVC student’s lifetime earnings will increase $5.20 for every dollar invested in their RVC education (in the form of tuition, fees, and forgone earnings).
• The average annual income of the typical associate’s degree graduate in Rock Valley College District 511 at the midpoint of his or her career is $43,000, 35% more than someone with a high school diploma.
• Over the course of a working lifetime, associate’s degree graduates in Rock Valley College District 511 earn $403,200 more than someone with a high school diploma (undiscounted).
EDUCATION IS YOUR TICKET TO A BETTER JOB • By 2022 it is anticipated that there will be about 65,100 new and replacement jobs
available in the Rock Valley College District 511.
• About 25% of these jobs will require an education level equal to an associate’s degree or greater.
• Another 9% of available jobs in 2022 will require some kind of postsecondary certificate or vocational award.
$75,000
$105,000
$20,000< HIGH SCHOOL
$30,000HIGH SCHOOL
$42,000ASSOCIATE’S
$61,000BACHELOR’S
MASTER’S
DOCTORATE
$43.8ADDED INCOME
$2.1SOCIAL SAVINGS
39%15%8%4%
18%9%4%3%MODERATE-TERM
TRAININGWORK
EXPERIENCEASSOCIATE’S
DEGREESHORT-TERM
TRAINING
GRADUATE LONG-TERMTRAINING
POST SECONDARY
AWARD
BACHELOR’SDEGREE
PROJECTED 2022 JOBS IN ROCK VALLEY COLLEGE DISTRICT 511 BY SKILL LEVEL
AVERAGE EARNINGS ROCK VALLEY COLLEGE DISTRICT 511
10
>> Golden Eagles Win Two National ChampionshipsThe Rock Valley College Golden Eagles volleyball team won the NJCAA national championship in November, 2012. It was the third volleyball title in school history, including back-to-back titles in 1996 and 1997. The women’s basketball team won its second straight national championship in March. The two national titles brings the total NJCAA championships won in Rock Valley College history to 11, including four in an 18-month span.
>> RVC Named Military Friendly SchoolRock Valley College was named to the coveted Military Friendly Schools® list for the fourth straight year. The list, which is compiled through extensive research and a data-driven survey of more than 12,000 VA-approved schools nationwide, honors the top 15 percent of colleges, universities, and trade schools in the country that are proactive to embrace America’s military service members, veterans, and spouses as students, while ensuring their success on campus.
Awards and Recognitions
Q“Abby is very fortunate; most graduate students would give their right arm for a research opportunity of this caliber.”
- Dr. Richard Ross, RVC Professor of Physics
2013 | REPORT TO THE COMMUNITY 11
>> Rare Research Opportunity Awarded to RVC Student, Abby BeckerRock Valley College student Abby Becker was one of only eight community college students selected from around the country to participate in Research Experiences for Undergraduates (REU), a ten-week National Science Foundation-funded research training opportunity created specifically for community college students in physics and astronomy.
The research training Abby participated in during the summer of 2013 at Texas A&M University was extraordinary. Not only did Abby receive a $6,000 award, she was able to work directly with world-renowned faculty members on emerging research in astronomy, she visited the McDonald Observatory, and she enjoyed rare remote access to Kitt Peak National Observatory and the SARA Observatory in Chile.
12 REPORT TO THE COMMUNITY | 2013
>> RVC Building Earns Award for SustainabilityIn January, Rock Valley College was awarded LEED Gold Certification for the Karl J. Jacobs Center for Science and Math (JCSM). The LEED rating system is the foremost program for buildings, homes, and communities that are designed, constructed, maintained, and operated for improved environmental and human health performance.
Rock Valley College earned LEED certification for implementing practical and measurable strategies and solutions aimed at achieving high performance in: sustainable site development, water savings, energy efficiency, materials selection, and indoor environmental quality.
The JCSM is the second RVC building to be LEED Gold certified, joining the renovated Physical Education Center, which achieved certification in 2010. Rock Valley College is the first community college in Illinois to have two LEED Gold certified projects.
In January, the Northern Illinois American Institute of Architects gave the JCSM project architects, Saavedra Gehlhausen Architects and Demonica Kemper Architects, three awards for the JCSM project, including: Award of Excellence in Architecture, Award of Merit in Architecture, and Award of Honor – Green Design.
Sustainable practices in architecture—one more way that Rock Valley College is making the world a better place.
>> RVC Honored with Financial AwardsFor the fourth consecutive year, the Government Finance Officers Association of the United States and Canada (GFOA) awarded Rock Valley College the GFOA’s Distinguished Budget Presentation Award for its budget. In order to receive the award, RVC satisfied nationally-recognized guidelines for effective budget presentation and was rated “proficient” in each of the four designated categories as well as the 14 mandatory criteria within those categories.
The GFOA also awarded RVC’s Financial Services Department the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting.
Q“Three years ago I came to this country from Kenya…I began
working as a housekeeper…but in my heart I had a quest for an
education. I took the first step by studying to become a CNA. I am
now working as a CNA…I get up at 4 a.m. on school days to study
so that I can get an “A” on my work. I am currently taking prerequisites
for nursing and hope to be accepted into the nursing program by Spring 2014.”
- Hafsa, RVC Scholarship Recipient
Q“Some people dream of making huge, new inventions or discoveries and becoming
famous. All I want to do is make a difference in people’s lives on
a personal level, one heart at a time.”
- Teresa, RVC Scholarship Recipient
130FULL-TIME FACULTY WITH MASTER’S DEGREE OR HIGHER ARE TEACHING AT RVC Serving Our Community: By the Numbers
14 REPORT TO THE COMMUNITY | 2013
“Give a man a fish and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.”
This annual report’s theme, “Our Community’s College,” is quite fitting given the success of the Rock Valley College Foundation over the past year. I continue to be humbled by the sincere expressions of generosity by community members who partner with Rock Valley College to help change so many lives in our region.
There aren’t many other gifts more impactful than supporting the education of others and the community as a whole. The donors to the Rock Valley College Foundation are committed to changing lives of individuals, their families, and the entire community through financial support of Rock Valley College programs and scholarships.
We are extremely grateful for the growing number of donors. Their gifts may be as small as $5 and others may be well over six figures. Several donors have begun new scholarship endowment funds that will continue supporting their cause in perpetuity, while others have joined the elite Heritage Society by including Rock Valley College Foundation in their estate plans. No matter the size or type of gift, all contributions are sincerely appreciated and have enormous impact today and into the future.
I want to thank each and every one of you who supports higher education and job training through contributions to the Rock Valley College Foundation. “Our Community’s College” is stronger and more effective thanks to the many generous donations from the community, to the community, and for positive change in our community.
Thanks to our Community!
Sincerely,
Pamela K. Owens, CFRE Executive Director, Foundation & College Advancement
A Message from the Executive Director
Q“Our Community’s College”
Q“I aspire to one day use my abilities to show as much generosity and charity to my community as you have done with this scholarship.”
- Andrew, RVC Scholarship Recipient
819 GRADUATES OF TRANSFER DEGREES (A.A. & A.S.) Serving Our Community: By the Numbers
306 GRADUATES OF A.A.S. DEGREES Serving Our Community: By the Numbers
Foundation grant strengthens RVC Nursing Program
662 GRADUATES OF CERTIFICATE PROGRAMS Serving Our Community: By the Numbers
2013 | REPORT TO THE COMMUNITY 17
>> Grow Our Own Nursing Faculty GrantFour years ago, the Rock Valley College Nursing program applied for a Rock Valley College Foundation grant to fund an initiative aimed at preparing two full-time nursing lab employees to move into nursing faculty positions at the College.
The idea was simple. Why not take two people who were already familiar with the nursing program, and help them earn the credentials needed to one day replace retiring or resigning faculty members?
That was the beginning of the Grow Our Own Nursing Faculty grant, which funds tuition and fees for two students to complete their master’s degree in nursing education.
Kaye Eckstaine and Ellen Storm both had their bachelor’s degree in Nursing and were full-time employees in the nursing lab at Rock Valley College, but needed a master’s degree to teach clinicals and nursing courses at the College. By funding the Grow Our Own Nursing Faculty grant for Kaye and Ellen for the past four years, the Foundation has ensured that the nursing program at Rock Valley College will continue to be taught by expert faculty, lending support to a popular and much-needed program for the College and the community.
Kaye and Ellen each finished their master’s studies with a 4.0 grade point average and are teaching clinical courses at Rock Valley College as well as continuing with clinical skills instruction in the nursing lab.
Making a Difference with Foundation Grants
Thanks to the outstanding support of alumni,
faculty, staff, businesses, and community friends,
the Rock Valley College Foundation distributes
grant dollars each year to College programs.
This year, contributions impacted many areas of
the College, as the Foundation distributed over
$100,000 in support. Some of these grants
help offset the cost of special program books/
fees; others provide new equipment for hands-
on learning, while others provide emerging
learning technologies.
Q“This scholarship is so much more than financial relief. It is recognition of my hard work in college.”
- Leticia, RVC Scholarship Recipient
18 REPORT TO THE COMMUNITY | 2013
“As a working parent, I am so thankful for
the scholarship. Rather than take on more work hours to pay for school, I am able to spend time
on my studies.”
Nursing Student
KRISTOPHER
“My aunt and uncle work really hard
to support me, and we are thankful for
the scholarship. It helped cover the cost of my
textbooks.”
Science Student
YEMPABOU
“RVC is probably the best decision I ever made. I enjoy how
small the classes are, and I have met some incredible professors
who really inspired me through their teaching
and willingness to help. With your kind scholarship and help from my supportive parents, I have been
able to pay for college to pursue my dream career. Thank you.”
Nursing Student
SHARMINE
Art Education
Student
“The RVC scholarship is really appreciated. It helped me pay for
my books, school supplies, and tuition.
I am thankful that donors are willing to give young college
students like me the help we need to succeed.”
HEATHER
“I am studying environmental
science because I care about the
environment. The Foundation
scholarship made a huge difference in
my life by making it possible for me to go
to college without acquiring too much debt.”
Science Student
TEVIN
199SCHOLARSHIPS AWARDED TOTALING $122,199 Serving Our Community: By the NumbersQ“I hope that one day I will be able to help other students achieve their goals as you, and
others have helped present students. Thank you for making this scholarship possible.”
- Alexis, RVC Scholarship Recipient
Scholarships Making a Difference: In Their Own Words
2013 | REPORT TO THE COMMUNITY 19
Donor Spotlight: Bob & Jan
Since 1999, Bob Stenstrom has been a dedicated donor, leader, and faithful friend of Rock Valley College. What began as a decision to become more involved in his community and its educational process has grown into passion and commitment that is shared by his entire family.
Serving as the current president of the Rock Valley College Foundation board of directors, Bob, owner of Stenstrom Companies Ltd., along with his two adult children, brings with him a solid knowledge base and strong business ethics that are highly valued on campus.
The Stenstrom family’s first gift came at a critical time for Rock Valley College. “We made a decision to contribute when Rock Valley College had just hired a new president
who instilled new life to an institution that had been slowly growing for 30 years,” he says. “Although that president eventually moved away, Rock Valley College had gained positive momentum needed to fill some of the voids in our community.”
As the owner of a local company with deep roots in our region, Bob understands that one of the most important components in running a successful business is to have well-educated and highly-trained employees. He also realizes the need to keep local talent in the Rockford area, which is what eventually led to a partnership between Rock Valley College and the Stenstrom Companies.
“Rock Valley College was one of the only area institutions that was currently in place to help move that need forward
in our region and within our company,” he says. “Over time, I’ve realized that our area continues to struggle in terms of educational aspirations and attainment. So, the need for Rock Valley College to become a catalyst to help solve this issue has never been more important.”
As the Stenstrom Companies and its family celebrated 60 years of business last fall, they continued to pay it forward with their time, insight, and financial commitment to support Rock Valley College and our collaborative efforts with local high schools, which aim to better our students, community, and workforce. Bob and his wife, Jan, are strong examples of how transformational giving can impact a college and one’s own community.
Q“Over time, I’ve realized that our area continues to struggle in terms of educational aspirations and attainment. So, the need for
Rock Valley College to become a catalyst to help solve this issue has never been more important.”
- Bob Stenstrom
Q“Thank you for helping me turn my goals into reality.”
- Alexandra, RVC Scholarship Recipient
8,178CREDIT STUDENTS ENROLLED FOR SPRING 2013 Serving Our Community: By the Numbers
2013 | REPORT TO THE COMMUNITY 21
>> RVC Revenues Student tuition and fees (net) . . . . . . . . . . .$10,726,949 Sales and service fees . . . . . . . . . . . . . . . . . . . $1,933,743 State grants and contracts . . . . . . . . . . . . . . $7,759,253 Federal grants and contracts . . . . . . . . . . . $17,845,614 State appropriations . . . . . . . . . . . . . . . . . . . $9,326,339 Local property taxes . . . . . . . . . . . . . . . . . . . $27,651,849 Personal property replacement tax. . . . . . . $1,495,394 Investment income . . . . . . . . . . . . . . . . . . . . . . .$104,043 Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,366,459
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $79,209,643
>> RVC Expenses
Salaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $30,086,694 Employee benefits. . . . . . . . . . . . . . . . . . . . .$15,903,005 Contractual services . . . . . . . . . . . . . . . . . . . .$4,515,386 General materials and supplies . . . . . . . . . $3,684,745 Travel and conference/meeting expense . . $736,844 Fixed charges. . . . . . . . . . . . . . . . . . . . . . . . . . $11,618,320 Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,411,726 Depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . $6,234,670 Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,595,898
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $76,787,288
>> RVC Foundation Beginning assets July 1, 2012 . . . . . . . . . $8,354,631
Revenue Donations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$695,137 Investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $998,156 Increase (decrease) in net assets . . . . . . . . . $1,693,293
Expenses Grants/donation to the College . . . . . . . . . . . $298,547 Scholarships to RVC students . . . . . . . . . . . . . . $122,199 Capital support to the College. . . . . . . . . . . .$175,500 Management fees . . . . . . . . . . . . . . . . . . . . . . . . $44,500 Operating . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $156,355 Cost of fundraising . . . . . . . . . . . . . . . . . . . . . . . . .$97,879 Net (decrease) in net assets. . . . . . . . . . . . . ($894,980)
Ending net assets - June 30, 2013 . . . . . . $9,152,944
FY ’13 Financial Reports
Q“Thank you so much for your generous contributions and for supporting the educational goals of students, like me, who are in need of assistance.”
- Rebecca, RVC Scholarship Recipient
22 REPORT TO THE COMMUNITY | 2013
In Appreciation of Our Generous Donors With gratitude and recognition of the loyal donors whose generous gifts literally change lives through higher education.
IN RECOGNITION OF CUMULATIVE GIVING As of June 30, 2013 Cumulative Giving of $1,000,000 or more
Sjostrom & Sons Foundation
Stenstrom Family
Woodward, Inc. Cumulative Giving between $250,000 and $999,999
Leola Arnold Trust
Harlan J. and Elsie Ingwalson Trust
LoRayne Logan
Karl L. and Jeanette E. Nelson Trust
Lydia Luhman Pederson Charitable Trust
Sjostrom & Sons, Inc.
UTC Aerospace Systems
Donald H. Wrork MD Charitable Trust Cumulative Giving between $100,000 and $249,999
AMCORE Foundation
Jean A. Bullen Trust
CLARCOR Foundation
Community Foundation of Northern Illinois
D.A.O. Foundation
Eloise K. Eshbaugh*
GC/Waldom
Richard Nordlof
Rockford Health System
SwedishAmerican Foundation
SwedishAmerican Health System
Cumulative Giving between $50,000 and $99,999
Alpine Bank
American Endowment Foundation
Nancy E. Anderson Estate
Atwood Foundation
John and Myrna Borling
Brent and Sharon Brodeski
Mary Caskey
Haldex Hydraulics Corporation
Helm Group
Ross Edgar Hunt
Johnson Controls, Inc.
Majorie Brookman Marlowe
John* and Roberta Mink
OSF Saint Anthony Medical Center
Suntec Industries, Inc.
Wilson Tool Corp.
Winnebago County Dental Society Cumulative Giving between $25,000 and $49,999
AMCORE Financial, Inc.
American Century
Anonymous (2)
Associated Bank Illinois
Bank One-Rockford N.A.
Ralph Bartels*
Jack and Janna Becherer
Belvidere National Bank & Trust Co.
Bergstrom, Inc. Charitable Foundation
Bergstrom, Inc.
Catalent Pharma Solutions
Ina Cholke & Olga Dean Bullard Charitable Trust
Melba and Thomas L.* Clinton, Sr.
Dain Rauscher Incorporated
Danka
Elco Textron Inc.
Forest City Gear
Funderburg Foundation
Gannett Foundation
Gloyd Family Foundation
Goodwill Northern Illinois
Shirley S. Holzwarth
Hughes Business Telephones, Inc.
Illinois Community College System Foundation
Ingersoll Machine Tools, Inc.
Allen Johnson
James and Pamela Keeling
Janet Kjellstrom
Byron C. and Jane Smith Marlowe*
Clint Maslen*
North Park Fire Protection District
Jack W. and LaVonne A. Packard
Rockford Ambulatory Surgery Center
Rockford Powertrain, Inc.
Rockford Products Corp. Foundation
Michelle and Dan Rojo
RVC Student Government Assoc.
Saavedra Gehlhausen Architects
Savant Capital Management, Inc.
June F. Soderblom
Students in Free Enterprise
Unison Industries, Inc.
Edward and Kathryn Way Trust
YABA of N. IL Bowling Foundation Cumulative Giving between $10,000 and $24,999
Anderson Industries, Inc.
Anonymous
Aqua-Aerobic Systems, Inc.
Arc Design Resources, Inc.
ASHRAE Chapter #119
Kathie Ayres and Ted Ross
Bank One Foundation
William N. Baskin, MD and Leah Gonigam Baskin
Suzanne and Don Berger
Blackhawk State Bank
Charles and Joan Bradley
James Stanford Brown*
Mrs. Leonard J. Cartier
Chrysler Corporation
Citizen’s Scholarship Foundation of America
James and Carol Cox
Michael and Patricia Davis
Demonica Kemper Architects
Dynacorp, Inc.
Freeport Health Network
Richard J. Galla and Family
Robert S. Giesecke
Bill and Sue Gorski
Grainger Industrial Supply
Greenlee Textron Inc.
Steve and Tina Gunderson
Jane Hawkins-Hoff
Brian and Kari Helm
Jennifer Huston
Illinois Water Treatment, Inc.
Industrial Molds Inc.
International Association of Fire Fighters Local 413
David D. Kalber Trust
Kavo America Corporation
John Griffin - Kelley Williamson Company
William and Lois* Kramer
Leonard and Virginia LaPasso
Richard and Grace Leighton
W. David Mark
Mattison Foundation, Inc.
McGladrey LLP
Richard and Nancy McIntosh
George* and Marion Meadows
Karen and John Messley
Northern Illinois Building Contractors Association
William D. O’Connell
Olson Aluminum Castings
Sam and Deb Overton
Raymond and Jo Marie Paul
Lisa and Jerry Peppers
Pepsi-Cola Bottling Co. of Rockford
Pillsbury-Green Giant
Martin and Christy Pocs
G. Pollnow Farm Trust No. 1
Poplar Grove State Bank
Sunil Puri
2013 | REPORT TO THE COMMUNITY 23
John T. Quirk, Col. USAF Retired
Annette J. Rehbein
RJ Galla Co., Inc.
Robbins Schwartz Nicholas Lifton & Taylor, Ltd.
Rock River Valley Tooling & Machining Association
Rockford Anesthesiologists Associated
Rockford Area Century Group Fund
Rockford Orthopedic Associates, Ltd.
Rockford Products LLC
Rockford Surgical Service, S.C.
James and Arlene Sadlon
Sikich LLP
Steiner Kerman Education Foundation
Nancy and James Sylvester
TC Advertising
Ted Ross & Associates, Inc.
W A Whitney Corp.
Jim and Shirley Waddell
Walmart Foundation
Mary H. Walters
Frank and Jennifer Wehrstein
William Charles, Ltd.
WilliamsMcCarthy LLP
Jack and Peggy Wolf
John T. Wolf Charitable Trust II
R. Ray and Nola Wood
workplace
IN RECOGNITION OF ANNUAL GIVING Received between July 1, 2012 and June 30, 2013 Annual Giving of $100,000 or more
Richard Nordlof
Stenstrom Family Annual Giving between $50,000 and $99,999
Brent and Sharon Brodeski Annual Giving between $25,000 and $49,999
American Endowment Foundation
LoRayne Logan
John* and Roberta Mink
Rockford Health System Annual Giving between $10,000 and $24,999
Anonymous
Community Foundation of Northern Illinois
Goodwill Northern Illinois
Helm Group
John Griffin - Kelley Williamson Company
Lisa and Jerry Peppers
Rock River Valley Tooling & Machining Association
Rockford Ambulatory Surgery Center
Rockford Area Century Group Fund
Sjostrom & Sons Foundation
SwedishAmerican Health System Annual Giving between $5,000 and $9,999
Ina Cholke & Olga Dean Bullard Charitable Trust
Richard J. Galla and Family
Peter C. Kostantacos Family Trust
Donald H. Wrork MD Charitable Trust Annual Giving between $2,500 and $4,999
Kathie Ayres and Ted Ross
Jack and Janna Becherer
Bergstrom, Inc. Charitable Foundation
Allen Johnson
W. David Mark
Sam and Deb Overton
John T. Quirk, Col. USAF Retired
Donna M. Sechler
Vanguard Charitable Endowment Program
Susan M. Wormley
Annual Giving between $1,000 and $2,499
AGL Resources Private Foundation, Inc.
Alpha Controls & Services, LLC
Anonymous (2)
Barnes & Noble at Rock Valley College
William N. Baskin, MD and Leah Gonigam Baskin
Belvidere Area Chamber of Commerce
Brent Bernardi
Russell A. Kuhlen and Jim Black, Attys
James M. Bonavia
Eileen Boucek
Mary Caskey
Carl and Barbara Dargene
Children of Eileen J. Hogshead
Robert S. Giesecke
Ronald V. Harris
Brian and Kari Helm
Illinois Community College System Foundation
International Association of Fire Fighters Local 413
Karl and Carol Jacobs
Richard and Grace Leighton
Karen and John Messley
Nicor Gas, An AGL Resources Company
Diane Nyhammer
Pam and Terry Owens
Katie and Ken Peterson
Robert J. Porod
Alan and Cynthia Rehbein
Annette J. Rehbein
Reunion Committee, RHS Class of 1940
Daniel and Diana Saavedra
George and Frances Schwenkner Charitable Trust
Steiner Electric Company
Steiner Kerman Education Foundation
Nancy and James Sylvester
Jim and Shirley Waddell
John and Susan Whitcher
Jack and Peggy Wolf Annual Giving between $750 and $999
Fidelity Charitable Gift Fund
Jane Hawkins-Hoff
Rockford Lions Club Charity Foundation, Inc. Annual Giving between $500 and $749
BMO Harris Bank
Craig Booher
Charpie Korte Industries, LLC
Ed and Barbara Clucas
Dean and Julia Durst
Forest City Gear
Bill and Sue Gorski Susan J. Hansen
(continued…) * Deceased
Q“It is a privilege to not only accept the scholarship, but to simply call myself a student at Rock Valley.”
- Gabrielle, RVC Scholarship Recipient
Laura and Roger Jacobsen
Kathy McCarty
Niggemann Family Fund
K. Sue Null
Barclay and Debra Olson
Olson Aluminum Castings
Pfizer Foundation Matching Gifts Program
Martin and Christy Pocs
Rockford East Cherry Valley Rotary Club
Timothy J. Rollins
Frank Rotello
Schwab Charitable Fund
Sheet Metal Workers Local 219
Jo Ann M. Smith
Greg and Mary Tuite
Mary H. Walters
WilliamsMcCarthy LLP
Annual Giving between $250 and $499
David H. and Madeleine V. Arnold
Suzanne and Don Berger
Susan Busenbark
CD Cooper Charity Fund
Michael and Patricia Davis
Robin and Brian DeBenedetto
Ann T. Dempsey
David and Amy Diaz
Drs. Dale and Elaine Drake
Enactus
Norm and Patricia Hagman
Jessica L. Jones
Gary and Sally Jouris
James and Pamela Keeling
Tom and Fayne Kniep
Brian L. Kobischka
Charles R. Lindstrom
Donald and Freda Manzullo
Sue Michaelsen
Nancy L. Moist
Wes Morgan
Pat and Lisa Morrow
James and Lucy Pirages
Bill and Terri Roop
Michelle and Gary Rothmeyer
Brian Sager
Norma and Bob Trojan
Union Savings Bank
Michael P. Webb
Richard and Mary Wolf
Bill and Sue Zillmer
Annual Giving between $100 and $249
Ross E. Aden
David L. Anderzon
Anonymous (2)
Jeffrey and Chris Beck
Michael Beert and Rachel Handlin
David J. Bentley
Robert R. Betts Jr.
Ted Biondo
Katie Boughton
Bradford Systems Corporation
Linda and Jeffrey Carlson
Nancy and Mike Chamberlain
Marilyn L. Clouse
Mary Ann and John Conley
Brenda and Dennis Corcoran
Dave Costello
Jim and Jackie Dehler
Xuan Dinh
Michael R. Dom
Tracy Eckburg
Patricia L. Edwards
C. Eugene Elliott
Mrs. Barbara Erickson
Janyce B. Fadden
Jim Forsell
Norma and Curtis Freeberg
Brittany Freiberg
Chellis F. French, Jr.
Judith Anne Gambrel
Gail L. Gerbert
Goodrich Foundation Partners in Giving
Verlette L. Esterbrook-Gorman
Virginia D. Gregory
Len Hall
Bob and Nadine Hallstrom
Charles and Pat Harker
Barbara and Robert Harner
Wesley and Barbara Hartjen
Donald S. Holt
Shirley S. Holzwarth
Brent L. Horsley
Matthew Peter Ingenito
Diann Jabusch
Delores Jensen
Ann Johns
Bonnie and Bill Johnson
Rosemary Johnson
Beverly L. Jones
Dave Keaggy
Lynn Kearney
Ann and John Kerwitz
Lake Family Trust
Peter and Pamela Lonsway
The Family and Friends of Mary Lundby
Lois and Tom Lundgren
Roger and Nancy Lundstrom
Michael Mastroianni
Robert and Jodi McCarthyQ“…this scholarship is a godsend, and from the bottom of my heart I thank you for this opportunity.”
- Derek, RVC Scholarship Recipient
2013 | REPORT TO THE COMMUNITY 25
McKey Living Trust
Anne and Norman Meyer
Stephen K. Miller
Mary Lou Miller
Jacki Minnihan
Carol Ann Ostrom
Rex and Carol Parker
Lynn Perkins
Mara and Eugene Pocs
Marsha and Jerry Polacek
Kanwal D. Prashar
Redin Parts, Inc.
Trudy and Richard Reynolds
Bruce Roberts
Rockford Charter Coach, LLC
Lillie Rude
Rydell Family Foundation
Saavedra Gehlhausen Architects
Carolyn and Joe Scandroli Sr.
Angela Schmidt
Mary Jo Schoening
Dr. and Mrs. Joseph Schoening
Shirley and John Schou*
Ron Schulz
Ronald and Mary Seeley
William and Adella Sefrhans
Harley E. Shepherd
Bill and Genny Sjostrom
Sara J. Skaggs
Eileen and Gerald Skeels
Barbara L. Smith
Bill and Julie Snively
Jacquelyn Spelman
Cathy and John Szewczyk
Kenneth and Molly Terrinoni
Rolf and Margaret Thienemann
Steven R. Thompson
Steve and Bonnie Tigner
Dean and Pat Tollefsrud
UTC Aerospace Systems
Steve and Joy Vee
Holly L. Viren
Don Williams
R. Ray and Nola Wood
Barbara Woodsmall
Larry and Patricia Zachary Annual Giving under $100
With special gratitude towards the 218 donors who made an annual gift under $100. For a complete listing, please visit www.rockvalleycollege.edu/foundation. GIVING IN TRIBUTE IN HONOR OF…
Mrs. Patricia Battram Katie and Ken Peterson
Eleanor Buerger The Buerger Family; Bob, Linda, Rob and Katie
Steve Kiser James W. Dean Len Hall Marsha and Jerry Polacek Steve and Bonnie Tigner Susan M. Wormley
Peter C. Kostantacos* Anonymous
Dale Oij Holly L. Viren
Eugene and Mara Pocs Martin and Christy Pocs
Meenakshi Prashar Kanwal D. Prashar
Viola Scadden’s 85th Birthday Sandi Kelly
Howard L. Schmidt Angela Schmidt
Diana Singletary Gerald and Mary Thompson
Sara Skaggs Pat and Bud Wiener
Laura Jaye Smith, RN, May 2013 William J. Moses IN MEMORY OF…
Evelyn Abrahamson Jim and Shirley Waddell
Richard Bernardi Brent Bernardi Kathryn S. Null
Kurt Boucek Anonymous Kathryn and William Becker Michael Beert and Rachel Handlin Eileen M. Boucek Mary and Kent Buzzell Lorna and Greg Cote Juliana T. Dal Pra Connie and Richard Dowling Karen and Jim Falzone Doris M. Galle Daniel and Catherine Herdeman Matthew Peter Ingenito Beth A. Ingle Martha M. Kaiser Kurt Boucek Scholarship Memorial Fund Julie Monarski Greg K. Myers Barbara and Nat Nelson Erik and Nicole Oberg Carol Ann Ostrom Sam and Deb Overton Kurt and Frances Schoening Tamela and William Schulz Barbara and Gerald Shelton Harley E. Shepherd Jack and Barbara Simon Evelyn L. Smith Ellen and Ken Storck Cathy and John Szewczyk Kyle J. Wolfe Leah and Timothy Zahn
Keith Bradt Bradt Trust
David Caskey Mary B. Caskey Trust Mary Caskey McKey Living Trust Mr. and Mrs. Robert J. Oliver
Colette Ann Currie Diane Nyhammer
James DeNure Eleanor DeNure
Theresa Gasparini Carolyn and Joe Scandroli, Sr.
Elizabeth “Liz” Harris Ronald V. Harris
Madeleine Haskell Michael Mastroianni
Eileen J. Hogshead Children of Eileen J. Hogshead
Heidi Hutchison, RVC volleyball coach Jeanne K. Smith
Ralph E. Kall Walter H. Kall
Reverend LaVern Kampfe Doris Elaine Kampfe
Peter C. Kostantacos*, RVC attorney and friend Carl and Barbara Dargene Ann and John Kerwitz Peter C. Kostantacos Family Trust Sam and Deb Overton
Mark Lewis RVC Community Education Outreach Staff Marion F. Wilke
Mary Ellen Lundby Ruth M. Bower Brittany Freiberg The Family and Friends of Mary Lundby Emily Loaiza and David Loaiza-Funk Pam and Terry Owens Tricia Cratty Sweeney
David R. Madden Michael and Naomi Madden
Lynn E. Manning and Aaron D. Manning Dr. and Mrs. Joseph Schoening Mary Jo Schoening
Catherine Manzullo Donald and Freda Manzullo
Geno Mastroianni Michael Mastroianni
Gerald and Rose Mastroianni Michael Mastroianni
District Fire Chief Kevin R. McIntyre International Association of Fire Fighters Local 413
Roy Mitcheltree Linda Mitcheltree
John J. O’Connell Rosemary A. O’Connell
Christopher L. Peppers Lisa and Jerry Peppers
John L. Peterson Anonymous
John S. Peterson Anonymous
William and Pauline Pirages James and Lucy Pirages
Bert Prather William Prather Steven R. Thompson
James Rehbein, Professor of Earth Science Alan and Cynthia Rehbein Annette J. Rehbein
Detective Kevin Darrell Rice, Sr. Patty and Elmer Rice Bruce Roberts
Ann Riordan Rose Pearson
Mabel Scritchfield Kay and William Becker
(continued…) * Deceased
5,555 COMMUNITY & CONTINUING EDUCATION STUDENTS, RANGING FROM AGES 10-64 Serving Our Community: By the Numbers
26 REPORT TO THE COMMUNITY | 2013
Q“The gratitude that I feel is almost impossible to put into words.”
- Julie, RVC Scholarship Recipient
Robert E. Sechler Donna M. Sechler
Eugene J. Skerkoske Mary Lib Skerkoske
Gerald J. Smith, RVC Alumni Barbara L. Smith
Lance R. Smith Jo Ann M. Smith
Irene Thompson Don and Elaine Johnson Thompson Trust
Ann Miller Waddell Laura and Roger Jacobsen Jim and Shirley Waddell
C. Edward Ware Mrs. Avis Benning Charles and Karen Blomgren Marcia A. Cook Betsie A. Trejo Dudgeon Mrs. Barbara Erickson Robert and Carol Fredrickson Renee S. Gustafson Sandra and Donald Hildebrand Mrs. Beverly J. Jackson McGladrey LLP Anne and Norman Meyer Catherine A. Pang Mary and John Phillips Trudy and Richard Reynolds Rydell Family Foundation Saavedra Gehlhausen Architects Roger E. Schmeling Lorraine M. Solie
Margaret Ware Renee Gustafson Sanda Hildebrand
Albert S. Wrate Sandra E. Ellison
William Zavadil, Asst. FB Coach Mary Lou Pea Miller, RVC, PEC
Anonymous
David H. and Madeleine V. Arnold
Leola Arnold*
Jack J. and Janna K. Becherer
James H. Breuhaus
Jean A. Bullen*
Mrs. Leonard J. Cartier
Eloise K. Eshbaugh*
James and Karen Falzone
Norma and Curtis Freeberg
Ronald V. Harris
Jane Hawkins-Hoff
Shirley S. Holzwarth
Harlan J. and Elsie Ingwalson*
David D. Kalber*
Brian L. Kobischka
Peter C. Kostantacos*
Douglas E. Lee
Richard T. and Grace H. Leighto
Gene and Kathryn Lindell*
LoRayne Logan
Roger E. and Nancy A. Lundstrom
Fred E. Machesney*
John* and Roberta Mink
Karl L. and Jeanette E. Nelson*
Carol Ann Ostrom
Lydia Luhman Pederson*
Bill and Terri Roop
William R. Samuelson
George and Frances Schwenkner*
George E. Seidler*
Tricia Cratty Sweeney
Nancy and James Sylvester
Edward and Kathryn Way*
Jack and Peggy Wolf
Virginia Wrork*
Fred and Wendy Young * Deceased
RVC HERITAGE SOCIETY IN RECOGNITION OF PLANNED GIVING
List Accuracy We are thankful to our generous donors and have taken steps to ensure the accuracy of this report. We apologize for any errors and ask that you notify us of any corrections by calling (815) 921-4500.
2013 | REPORT TO THE COMMUNITY 27
RVC Foundation Board and RVC Board of TrusteesFoundation Board of Directors <<
Brent Bernardi – Alpha Controls & Services, Inc.Brent R. Brodeski – Savant Capital Management, LLCBridgett Coleman° – Coleman CPA & Consulting, Inc.
Michael W. Davis – Community LeaderBrian J. DeBenedetto – Rockford Bank & Trust
Ann T. Dempsey – Oliver Close, LLCDale A. Drake, DDS – Drs. Drake, Ltd.
Bill Gorski, MD – SwedishAmerican Health SystemSteven A. Gunderson, DO – Rockford Ambulatory Surgery Center
Jane Hawkins-Hoff – Community LeaderBrian Helm – Helm Group
Robert J. King°° – Community LeaderDouglas Lee°° – Associated Banc-Corporation
LoRayne Logan – workplaceRoger E. Lundstrom – Community LeaderKaren E. Messley – RVC Faculty Emeritus
Stephen K. Miller – UTC Aerospace Systems John W. Mink* – Community Leader
Patrick W. Morrow – Alpine BankTad Olson – Olson Aluminum Castings
James R. Pirages – Hinshaw & Culbertson, LLPTimothy J. Rollins – WilliamsMcCarthy, LLP
Michelle Scandroli°° – Community LeaderRobert W. Stenstrom – Stenstrom Companies, Ltd.
James S. Waddell – Community Leader
Ex OfficioDr. Jack Becherer, President/CEO, Rock Valley College
Sam E. Overton, Jr., Vice President Administrative ServicesPamela K. Owens, Exec. Director, Foundation & College Advancement
° Term began 7/1/13 °° Term ended 6/30/13
* Deceased
>> Board of TrusteesMichael P. Dunn, Jr., ChairpersonDon Gillingham^ Frank Haney^^Lynn Kearney^^Katherine M. Kelley, Vice ChairpersonPatrick Murphy^^Randall J. Schaefer, SecretaryMary Tuite^^^Marshawn Massenat, Student Trustee^^^^Daniel Slabaugh, Student Trustee^^^^^
^ Term began 12/17/13 ^^ Term began 4/30/13 ^^^ Term resigned 10/21/13 ^^^^ Term began 5/28/13 ̂ ^^^^ Term ended 5/28/13
Q“God bless you for your support!”
- Josh, RVC Scholarship Recipient
ROCK VALLEY COLLEGE & FOUNDATION
3301 N. Mulford Road Rockford, IL 61114-5699 (815) 921-4500 RockValleyCollege.edu
OUR MISSION
Rock Valley College is an educational leader in providing quality, accessible, lifelong learning opportunities, cultural enrichment,
and support for economic and technological development.