lone star college foundation
DESCRIPTION
TRANSCRIPT
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LSC FOUNDATION:CHANGING LIVES THROUGH EDUCATION
LSC-CyFair ALL Presentation – March 29, 2012
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WHAT IS THE LATEST LSCS NEWS…
• 76,000 credit students and 14,000 in corporate and continuing education
• $1.1 billion annually in economic impact• Gates Grant for Completion by Design• Single Parent Scholarships - $1.5 million• Student Success Initiatives including Best Start Set a Goal Make a Plan Get Connected Get Involved
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WHAT IS LSC FOUNDATION?
• Independent of the system but for the benefit of the students, faculty and programs
• Salaries and offices paid for by LSCS• 501c3 Type 1 Organization• Governed by an independent 25-member
community board with three system representatives – Chairman of Board of Trustees, Chancellor, and Designated Administrative Officer – VC External Affairs
• All funds managed separately from LSCS funds• Aldine Scholarship Foundation relationship
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VISION STATEMENT
The Lone Star College Foundation is nationally recognized for its unique and innovative public and private
partnerships which generate financial resources to change lives.
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VALUE STATEMENTS
The following values describe the Lone Star College Foundation culture and our desire to CREATE opportunity for students, faculty, and our donors:
• Creativity. We are dynamic friend and fund raisers. We are innovative investors.
We see differentiation as a positive. • Relationships. We value relationships and relationship building. We are committed
to building a community amongst our donors, the Lone Star College System, and the 11 independent school districts we serve collectively maximizing the opportunity to change lives.
• Excellence. We are committed to the highest standards in fundraising, investing,
and communicating with our stakeholders. • Accountability. We act in a way that exemplifies responsible stewardship and
builds trust with our stakeholders. • Trust. We act with integrity and do the right thing on behalf of our stakeholders. • Enthusiasm. We are committed to the foundation’s vision and have the energy,
passion, and desire to accomplish our stated goals.
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MISSION STATEMENT
The Lone Star College Foundation’s mission is to change lives through student scholarships and quality
educational programs achieved by excellence in relationship building, fundraising, and investment
management.
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EVENTS
Chancellor’s Breakfast StarGala Golf Tournament
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OPPORTUNITY TO CONNECT STUDENTS TO OUR DONORS
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EXTRAORDINARY VOLUNTEER SUPPORT
Students, system, and college employees as well as community members
all serve as our volunteers.
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WOULD YOU LIKE TO HELP?
• Golf – Fall• Gala – Spring
Opportunities at Gala• Sales: solicit auction items or tables or sponsors
or night of, sell raffle tickets• Creative: help assemble auction baskets• Sweat: help with set up for auction day of or
organization of items that evening• Tech Geek: Register guests and check them out
after purchases
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TYPES OF FUNDS
• Endowments – Permanently Restricted
• Special Scholarships – Temporarily Restricted
• Program Funds – Temporarily Restricted
• Unrestricted
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ENDOWMENT FUND BALANCES
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
InvestmentsFoundation FundASF
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NUMBER OF ENDOWED SCHOLARSHIPS*INCLUDES THE $1 MILLION STEGALL ENDOWMENT WHICH SUPPORTS TWENTY $3,000 SCHOLARSHIPS
2002 2003 2004 2005 2006 2007 2008 2009*
2010 2011 20120
50
100
150
200
250
300
350
400
450
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SPECIAL SCHOLARSHIPS
• $50,000 from Wiley Foundation • Heritage at TowneLake
Scholarships• Memorial or honorary
scholarships• Other scholarships
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PROGRAM FUNDS
• Over $1.42 million in support of academic programs
• Can be scholarships but are usually equipment, supplies, faculty development, field trips…
• Directed by a campus “Program Manager”
• College President signs off on creation of account and all funding
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MINI-GRANTS
• $20,000 from LSC Foundation + $20,000 from LSCS
• Individual projects will range from $500 to $2,500 • Applications will be due to your college Primary
Contact in early NovemberCollege/Campus Primary Contact Secondary Contact
LSC-CyFair Georges Detiveaux Julie Hutchinson
LSC-Kingwood Peggy Whitley Jennifer Martinez
LSC-Montgomery Ron Dewlen Mary Rush
LSC-North Harris Katie Hurter Dulcie Mohammed
LSC-Tomball Victoria Waters Clay McGovern
LSC-System Office Darcy Mingoia Alise Bailey
LSC-University Park Stephanie Gregg-March Brian Griffin
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FOUNDATION STAFF
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Fiona Burnett, Administrative Assistant832.813.6637 [email protected]
Judy Lux, Special Events Manager832.813.6640 [email protected]
Maribel Maldonado, Bookkeeper832.813.6638 [email protected]
Darcy Mingoia, Executive Director 832.813.6636 [email protected]
Sarah Ray, Coordinator832.813.6637 [email protected]
Lone Star College Foundationwww.LoneStarCollegeFoundation.org
5000 Research Forest DriveThe Woodlands, Texas 77381
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Thank you!
Questions?