Alvin Community College Foundation Annual Report of Giving 2013 MESSAGE FROM THE PRESIDENT Dear Friends, On behalf of the entire Alvin Community College Foundation Board, I would like to thank you for your continued support throughout the year. The Foundation had another successful year in 2013. Not only were more students provided support for their education, the Foundation was also able to assist in more college programs and community events. This year we were honored to host a Roast and Toast for Congressman Randy Weber. Randy is an alumni of ACC and has been a great supporter to the college. That wonderful evening raised $43,000 for ACC. Our Annual Gala was also another fabulous evening with our “Caribbean Christmas” raising more than $38,000. The Summer Concert Series at Alvin Live was a great success. Amber and the Old Rascals, Roger Creager and Mary Smith and Mystique provided excellent music in a quaint, intimate venue. From the revenue of the concerts in 2013, the Communications Department will offer $3,000 in additional scholarships. This past year the Foundation also raised the bar on our grants to fund new programs at the college, while also donating $4,000 for Dual Credit Scholarships and $10,000 to scholarships for Workforce Development Programs. The Foundation had many more success stories and accomplishments that you will read about in the next few pages. Thanks to the support we receive from so many in our community, the Foundation has made a difference and will continue to support and impact ACC in the coming year. Looking forward to more success in 2014, MISSION STATEMENT Since its inception in 1974, the ACC Foundation has been dedicated to enriching the lives of others by providing financial resources for personal growth and development through education and involvement in cultural and extracurricular events. It strives to serve as a foundation for success and excellence for students, the community and Alvin Community College. The ACC Foundation is a 501(c)(3), non-profit organization and all donations made to the Foundation are tax deductible to the extent provided by law. Jody Droege ACC Foundation President BOARD OF DIRECTORS Jody Droege, President Jim Crumm,Vice President/President-Elect Rodney Allbright, Secretary Joel Marin,Treasurer Richard “Jay” Hawkins, Past President Wendy Del Bello, Executive Director Michele Adams Shirley Brothers Brenda Brown Michael Culling James B. DeWitt Chad Dudley Mark Ferguson Debbi Fontenot 1 Paul Herndon Russell Hillenburg David Jircik Cheryl Knape Barbara Lewis L. H. “Pete” Nash Carol Nelson Sheila Olson Matt Rickaway ‘Bel Sanchez Jarrod Smith Doyle Swindell Freddie Thompson Brenda Weber Ryan Wollam Support to the College The Foundation provides support to the College in two forms: 1) scholarships to students, and 2) support for faculty and staff, college programs and the community. How the ACC Foundation Distributes, Utilizes Funds SCHOLARSHIPS AWARDED Funds received from private donations are distributed in the manner requested by the donor, if specified. If not specified, the donation is allocated toward opportunity scholarships. Funds raised during the annual events are divided in half – with 50 percent being used toward scholarships and 50 percent toward faculty and staff development programs and community enrichment projects. ACC Foundation Awards $57,816 to Students in 2013 ENDOWMENT SCHOLARSHIPS: A. Rodney Allbright Endowed Scholarship Dr. Dickie Lee Fox Endowment J. Kenneth Gooch Memorial Endowment Mamie Louise Payte Endowment Nolan Ryan Endowed Baseball Scholarship Randy Weber Endowment Roy Stubbs Family Endowment Webb Family Fund Endowment Another goal of any foundation is to increase its fund balance, so it can be invested in a manner that will foster a cycle of continued financial gain throughout the history of the college. As the balance grows, so does the interest it accrues, which means more scholarships can be made available to students each year. ACC Foundation funds are maintained by RBC Wealth Management, one of the nation’s largest full-service securities firm. MEMORIAL SCHOLARSHIPS: Andrew Wesley Webb Memorial Scholarship Ben Cross Memorial Scholarship Ben Daw Memorial Scholarship Bill & Donna Gardin Memorial Scholarship Bob Richarz Memorial Scholarship Cathy Forsythe Memorial Scholarship Christopher Mosier Memorial Scholarship Harby/Hosford Memorial Scholarship Jerry Jircik Memorial Scholarship Judge Ed Webb Memorial Scholarship Larry Rohan Memorial Scholarship M. B. Ward Memorial Scholarship Mary Alice Metcalf Memorial Scholarship Mary Montieth Memorial Scholarship Mike Trombatore Memorial Scholarship Myrtle Isensee Memorial Scholarship Nilo Esquivel Memorial Scholarship Pearl Rinderknecht Memorial Scholarship Ruby Webb Peterson Memorial Scholarship Ruth Webb Memorial Scholarship ACC Foundation Support ACC Foundation Support $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 ADDITIONAL SCHOLARSHIPS: ACC Foundation Opportunity Scholarship ACC Foundation Pearland Scholarship ACCEPTED Associate Degree Nursing Scholarship Collins Family Scholarship Culinary Arts Scholarship Debbie Granberry Scholarship Del Papa Scholarship Droege Family Scholarship Dr. Daniel Glaze Foundation Scholarship Hawkins Family Scholarship Jose Castillo Scholarship Kim Strube Second Chance Scholarship Lori Glick Bryant Scholarship Mike Merkel Scholarship Opportunity Scholarship Rotary Scholarship Scott Kincaide Scholarship Single Parent Scholarship Upward Bound Scholarship Welding Scholarship Wordsmith Scholarship 2005 2006 2007 2008 2009 Support to Students 2010 2011 2012 Support to College 2013 ■ Support to College ■ Support to Students * * does not include Nolan Ryan Baseball Scholarships 2013 Donations 2013 DONATIONS 8% 6% 30% Scholarship Donations Fundraisers Grants $10,020 Miscellaneous 56% 2 $91,393 $12,190 $48,977 Support to the College AWARDS, GRANTS and WORKSHOPS ACC Foundation Excellence Awards TNMP Grant The college has dedicated faculty and staff members who strive to make ACC a great institution. The Foundation annually recognizes a Technical, Support, Clerical and Maintenance employee, an administrative staff employee and a faculty member who excelled in their position. Texas New Mexico Power issued a $10,000 grant to the Foundation in order to establish energy conservation at the college. The Foundation will use the funds to purchase and install solar-powered safety lights along a portion of the 2-mile jogging track located on campus. The ACC Foundation Excellence Award winners are nominated by ACC employees and then selected by a committee. This year’s honorees included Wendy Del Bello, Nancey Lobb and a recipient who wished to remain anonymous. Each recipient receives a plaque and $1,000. The goal of these awards is to recognize individual staff members who have not only achieved excellence in performance of their job over a sustained period of time, but have also provided exemplary service to the college and community. The ACC Foundation hosts events each year to raise money for student scholarships and these awards. From left, ACC Foundation Executive Director Wendy Del Bello, TNMP Community Liaison Linda Criner, Dean of Financial and Administrative Services Karl Stager and Physical Plant Director Mark Putnam. PLANNED GIVING Winners of the 2013 ACC Foundation Excellence Awards are from left Wendy Del Bello, Assistant to the President and Director of Development, Nancey Lobb, Social Sciences Division Chair and Jay Hawkins, ACC Foundation President. Giving Options for Education, Community Supporters TSCM Workshop To help Technical, Support, Clerical and Maintenance employees improve on their personal and professional lives, the Foundation sponsors the annual TSCM Workshop. The benefits from the workshop also allows TSCM employees to improve their services to ACC students and the community, as well as creating a team environment. Started in 1992, the TSCM Workshop is the only one of its kind among area community colleges. The Foundation supports the workshop with a $500 grant. In addition to supporting the ACC Foundation’s fundraising events, there are numerous ways to make a difference and invest in the community through the organization. Consider the following: Create a Scholarship as a Gift or Memorial of a Loved One Make Donations in the Names of Friends and Relatives as Gifts Remember the ACC Foundation in Wills, Trusts, Life Insurance Policies or Gift Annuities Bequeath Property or Real Estate Donate Cash or Stocks The ACC Foundation is a 501(c)(3) non-profit organization and all donations to the ACC Foundation are tax deductible to the extent provided by law. 3 Support to the College Innovative Initiative Grants The Innovative Initiative grants were established in 2012 to provide faculty and staff members an opportunity to pursue projects to increase student success and create a positive campus environment. ACC Psychology instructor Dr. Jean Raniseski was given $1,000 for her Peer Educators Program. Distance Education Director Dena Coots, received $750 for her ongoing project Reaching Further. The Peer Educators Program helps distribute information to ACC students about mental health and preventative health issues. Peer Educators assisted in several outreach programs that focused on suicide prevention, stress reduction, healthy relationships, mental illness and prescription drug disposal. Reaching Further develops web conference solutions for remote training and on-demand training for faculty and students that is available any time over the Internet. It also includes customer support for faculty, students and future students. Upward Bound Director Regan Metoyer received $1,500 for student development. Dual Credit Director Akilah Martin received $1,500 for her Dual Credit Faculty/Teacher Orientation Program. Upward Bound’s mission is to motivate low-income and/or potential first-generation college students to achieve a postsecondary education.The Foundation grant made it possible for the students to learn about environmental issues and expose them to arts of different cultures. Dual Credit enrollment is growing rapidly at the five area high schools served by ACC. The Dual Credit Faculty/Teacher Orientation Program trained more than 100 Dual Credit instructors on classroom expectations, responsibilities, database system information, class technology needs and more. 4 Support to the College The ACC Foundation also awarded three grants through the “Adopt a Grant” program which started in 2012. Guests at the 2013 Christmas Gala were asked to support three different projects with $100 individual donations. The Adopt a Grant funds went to Welding instructor Laura Bell who received $1,500 for purchasing equipment for welding students. Drama chair, Dr. Jay Burton received $2,000 for the annual Summer Children’s Theatre Festival. The Summer Children Theatre Festival has given area children the opportunity to produce and perform in a live play for 29 years. The festival has long been supported by grants from the Foundation and was an Adopt A Grant recipient in 2013. With a rapid growth of demand for welders, the ACC Welding department is expanding instruction to several forms of welding. The department purchased a Dial ARC 250 machine to enhance its class laboratory. Scholarships The Foundation sponsored two scholarship funds in 2013. Dwight Rhodes was awarded $1,700 for his ongoing project Fresh Fruit for All. The Dual Credit program received $4,000 to provide scholarships to dual credit students based on need. Fresh Fruit for All is a program that will help construct a community garden on campus that, once finished, will cultivate methods to help establish additional gardens. The Foundation grant was used for the purchase of several varieties of fruit trees as well as constructing a new storage shed for the garden. This is the second year for this award. The Workforce Development department also received $10,000 to support students with financial need, as they enter job training programs at ACC. 5 Donors DONORS TO FOUNDATION IN 2013 ACC Campus Police ACC Welding Dept. AHS Student Council AMOCO Federal Credit Union AMOCO Referral Program Anonymous Sharmeal Archie Nancy Bacak Bank of America Matching Gifts John Barron Jr.,State Farm Insurance Myrtle Bell Sara Bouse BP America Inc. Shirley Brothers Brenda Brown Stewart Bryant Ramon Cabrera Claudia Canales P.C. Gayland Capps Confrerie De La Chaine Des Rotisseurs Foundation Wendy Del Bello Del Papa Charles & Phyllis Droege Deborah Kraft Patty L. Krunig Lyondell Bassell Lyondell Matching Gift Program Michelle McGregor Karen McLane Eileen Mancil Jessica Murphy Drew Nelson Marc Newman Barbara B. Nichols Kathleen Odell Pearland Furniture Co. Edward & Sandra Pickett David M. & Sherry K. Pittman William R. Pledger Professionals in Culinary Arts, Inc. Pulman, Cappuccio, Pullen, Benson & Jones, LLP Anthony Ratliff Ron Carter Rotary Club of Alvin Bel Sanchez Dr. Russell & Barbara Schlattman II Jody Droege Sally J. Durand Elaine Elkins Exxon Mobil Matching Gifts First Baptist Church of Shady Acres Diane Flatland Susan Garcia Bennie & Robin Goddard Georgette Goodwill David Griffith HAAK Vineyards & Winery Richard J. Hawkins Robin Harbour Paul & Betty Herndon Toby Herzog HomeTown Bank Michael Hoover Misty Hoskins Johanna Hume David Jircik Jan & Yvette Jircik Mrs. Jerry F. Jircik Laurel Joseph Kemlon Products & Development Co. Jan Schneider Woodrow & Carol Seybert Dudley Sheffield Shell Oil Co. Foundation Matching Gifts Dora Sims Karl Stager Stephanie Stockstill Kim Strube Sweeny Community Hospital Andy Tacquard TDEC, Inc. Keith & Linda Thompson Rita Tilley Fred & Susan Truex Gregory & Jessica Truex Christopher & Charlene Williams Jacob Williams Joy Williamson Michael D. & Arleen B. Wobser Ryan Wollam DONORS TO FOUNDATION EVENTS IN 2013 ACC Art Department ACC College Store ACC Communications Department ACC Marketing Department ACC Welding Department Stacy & Michele Adams Dr. Rodney Allbright Alvin Convention & Visitors Bureau Alvin Family Community Center Alvin Sunrise Rotary Club Alvin Tuxedos AMOCO Federal Credit Union JoAn Anderson John & Charity Barron BASF BASF-Chris Witte BASF-Cindy Suggs Bayou West Co. BJ’s Restaurant & Brewhouse, Pearland Bradshaw’s Nursery Fred & Terri Brent Bud Light/Silver Eagle Distributors Larry Buehler Casa Olé, Alvin CenterPoint Energy Diana Cook Del Papa Distributing Company Denbury Resources Diana’s Grill Dow Terry & Jody Droege Joe Durso Karlis & Donna Ercums III Express Roofing and Home Services, Inc. Frost Bank Jacko & Nancy Garrett Teri Goodman Gringo’s Alfred & Rebecca Guevara Hall’s Bayou Ranch Jay & Adrianne Hawkins Hawkins Lease Service HEB – Alvin Tommy & Debra Herring Russell Hildebrandt Russell Hillenburg Holmes Road Recycling Company, Inc. HomeTown Bank of Alvin Michael & Susan Hoover It’s a Bling Thing Bill & Sandra Ivey Kevin & Janet James David Jircik Joe’s BBQ Katie’s Seafood Market Gregg & Cheryl Knape Ryan & McKenzie Knape Las Flores Restaurant, Alvin Dennis LaValley Bill Lewis Mike & Rhonda Graff- Air Liquide Monterey’s Little Mexico, Alvin Moody Gardens Hotel, Spa & Convention Center Moody National Bank Bobbie Briscoe Moore Larry & Elizabeth Nelson Jason Nichols Nolan Ryan Museum Nothing Bundt Cakes, Bay Area Olive Garden, Alvin Panera Bread Patrick Bulanek, Attorney Mark & Chris Patterson Port Freeport Premier Home Hardware & Lumber George Pugh Cheri Richey, Downtown Esthetics Matt & Libba Rickaway Rogers, Morris & Grover, L.L.P. Ron Carter Automotive Dealerships Joan Rossano Nolan & Ruth Ryan Claron Salter-Clark, State Farm Insurance DONATIONS NEW SCHOLARSHIPS IN 2013 The Foundation received memorials and tributes for the following people in 2013: Lori Glick Bryant Charles Colwell Ben Cross Dr. Daniel Glaze Don Sanders Matt Sebesta Shell Matching Gift Program Terry & Julie Siggers Jarrod D. Smith, Attorney Craig & Linda Spear Clay & Ginger Stagg Diana Tahtinen Taqueria La Tapita, Alvin Senator Larry Taylor TDEC, Inc.,- Electrical Contractor Texan Floor Service Texas Advantage Community Bank Texas First Bank Texas Roadhouse, Pearland Ed & Freddie Thompson Tomasso’s Italian Grill Buddy Tucker Robert & LouAnn Vasquez Victory Insurance Randy & Brenda Weber Wayne & Nancy Williams Ryan & Amanda Wollam Wollam & Rickaway Woven Metal Products, Inc. Jerry Jircik Ron McClendon Mr. McElveen Ron McGary A. Rodney Allbright Endowed Scholarship Culinary Arts Scholarship Randy Weber Endowed Scholarship Single Parent Scholarship Christopher Mosier Connie Mosier Kim Strube M.B.Ward Extensive effort has been made to ensure the accuracy of recording information on all donors. Nevertheless, errors and omissions may occur. If your name has been misspelled, omitted or listed incorrectly please bring it to our attention and accept our most sincere apologies. 6 Financial STATEMENT OF FINANCIAL POSITION Statement of Revenues, Expenses, and Changes in Net Assets For the year ending December 31, 2013(unaudited) December 31, 2013 Support and revenue: Contributions and grants Author's Luncheon income, net Randy Weber Roast, net Gala income, net Alvin Live, net Travel/Fundraisers Theatre chairs Interest& Dividend income Income from Sale of Property Other revenue Realized gains on investments, net Unrealized appreciation (depreciation) on investments Net assets released from restriction Total support and revenue December 31, 2012 December 31, 2011 43,500 9,670 52,566 6,855 18,94 5,58 37,503 46,693 18,16 3,630 6,466 32 52,938 22,500 66,976 69,871 55,31 108,787 5,933 9,275 1,19 294,865 53,574 (118,456.00) 600,333 220,786 73,270 94,46 35,113 42,065 24,649 22,770 71,435 250 20,500 38,35 2,49 35,30 1,213 18,963 745 7,549 3,729 16,817 1,425 16,243 18 14,74 32,857 29,77 88,232 85,381 142,710 120,85 512,101 135,405 (69,440.00) 36,659 42,151 38,215 3,970 248 Program and support services: Scholarships Other expenses Awards Donation Management and general Interest Management Fee Supplies K-219/Theater Chair Other expenses Total expenses Change in net assets December 31, 20 Market Commentary Period Ending December 31, 2013 A fourth-quarter surge capped off one of the strongest years for the U.S. stock market. Including dividends, the S&P 500 rallied 10.5% from October through December, which contributed to the 32.4% total return for the year. That’s the strongest annual performance since 1997 and is 35% above the 2007 pre-financial crisis peak. On a price-return basis, it was the 11th best year since 1926. The Dow Jones Industrial Average rallied 29.7% for the year with dividends. Among major markets, the U.S. finished second behind Japan. Stocks had the wind at their backs as the housing market recovered, the economy withstood fiscal tightening and tax hikes, and the Federal Reserve continued its unprecedented asset purchase program. Valuation expansion also contributed. The S&P 500 trailing 12-month price-to-earnings ratio jumped considerably to 17.4 from 14.3 in 2013. Investors were inclined to pay more for every dollar of earnings and overlook slower earnings growth because of reduced economic risks and central banks’ willingness to backstop the global financial system. All 10 S&P 500 sectors rose for the year. Consumer discretionary, health care, and industrials led, each rallying between 38%-41%, excluding dividends. Partisan rancor in the U.S. Congress assured a rather inauspicious start to the 4th Quarter as an attempt to repeal the Affordable Care Act - Obamacare - at the expense of passing a Continuing Resolution to fund the Government resulted in a sixteen-day shutdown. This created much uncertainty, but in the end, agreements on both a Continuing Resolution and the Debt Ceiling were eventually reached. Economic activity showed continued signs of improvement and markets reacted accordingly with the yield on the ten-year Treasury Note hitting a two-year high of 3.03% (up from 1.76% at the end of 2012). The improved economic outlook allowed the Federal Reserve to finally announce at the December FOMC meeting they would start tapering their monthly Large Scale Asset Purchases (QE3) with an initial reduction of $10B scheduled for January. This long-awaited and much discussed event did push long-term rates slightly higher, but overall the impact was limited, indicating investors had finally become comfortable with the Fed’s “tapering is not tightening” message. Also softening the tapering message was “forward guidance” from the Fed that its current zero interest rate policy (ZIRP) will likely remain in place well after their 6.50% threshold on the unemployment rate is reached. RBC Advisor 7 (5,05 (26,39 Highlights FOUNDATION EVENTS Alvin Live Concerts Designed to bring original and entertaining musical performances to ACC, the Foundation sponsors the Alvin Live Summer Concert Series. In our second year, the Foundation hosted Texas Country Music legend, Roger Creager, who gave a special acoustic performance. Alvin native, Mary Smith and Mystique, as well as Amber and the Old Rascals also performed. The studio was built in 2010 through generous donations from Alvin Rotary and the ACC Foundation.ACC Live series uses the studio setting for its productions on 89.7 FM and KACC-TV, Cable Access Channel 16. The intimate venue seats 65 guests. Funds raised from Alvin Live ticket sales will go toward $3,000 in scholarships for ACC Broadcast Communications students in 2014. Christmas Gala The 14th Annual Christmas Gala, Caribbean Christmas, raised more than $38,000, which the ACC Foundation puts directly towards student scholarships, staff development and college programs. The Foundation announced the creation of the $38,000 A. Rodney Allbright Endowed Scholarship to commemorate Dr. Allbright’s 38 years as college president. Randy Weber 60th Birthday Roast U.S. Congressman and ACC alumnus Randy Weber celebrated his 60th birthday by taking a few goodnatured jabs to benefit the college. Local politicians, family and friends roasted the congressman during the event which also included music and a chuckwagon dinner. All proceeds went to the Foundation student scholarships. More than $43,000 was raised at the event.The proceeds helped establish the Randy Weber Endowed Scholarship. 8 ACC Highlights ACC Chef Named Educator of the Year 100th Law Enforcement Academy Graduation Culinary Arts Instructor Leslie Bartosh was named Educator of the Year in June by the Texas Chefs Association, which represents approximately 20 culinary arts programs. It is the second time he has been awarded the honor. The Law Enforcement Academy graduated its 99th and 100th classes of law enforcement cadets in December. ACC was the first Texas community college to establish a Law Enforcement Academy and Criminal Justice program in 1970. Since its inception, approximately 4,000 students have graduated from the program. ACC Hires New Softball Coach ACC at Robert Turner High School Opens Alvin native Rudi Cantu was named the new Lady Dolphin Softball head coach in August. She graduated from the University of Texas in San Antonio in 2010. Cantu served as an assistant coach at ACC before taking the top job. Pearland ISD, ACC and other organizations opened the Robert Turner College and Career High School in August. More than 400 ACC Dual Credit students attend classes at the campus and 200 have signed up for the Dual Degree program. In addition to Dual Credit, the college also offers technical programs and evening courses at the campus. 100% Pass Rate for ACC Polysomnography Class ACC Receives $2 Million in Grant Funds For the first time the entire class of Polysomnography students passed National Polysomnography Registry Exam after graduating in May. Polysomnography graduates are trained to help treat and diagnose the causes of conditions like narcolepsy, sleep apnea and insomnia. ACC is the only school in Texas to offer a Polysomnography degree and is one of only 15 to offer it in the United States. The Texas Workforce Commission officially awarded approximately $2 million in grants to the college in October. The grants will help provide training to 1,300 workers employed by ShawCor Pipe Protection, INEOS Olefins & Polymers USA, Ascend Performance Materials and TEAM Industrial Services. The first grant was for $98,155 which supports ShawCor and another for $1.89 million was for the consortium of INEOS, Ascend and TEAM. ACC Continuing Education and Workforce Development department will manage the training. Student Snapshot for 2013 • 83% plan to earn Associate’s Degree or transfer to a university. • 65% of students are classified as freshmen. • 44% of students live in the district, 52% live out of the district and 4% are International students. ACC PTK Program Booming The ACC Phi Theta Kappa program grew by 22 percent in 2013 and raked in state and international honors. The Mu Upsilon chapter was recognized for its improvement during the honor society’s state conference in March, where the chapter won several honors. Mu Upsilon was then ranked number 10 among all PTK chapters for its 2012 service project, which raised more than $3,000 for the Alvin-Manvel Relay for Life. Mu Upsilon was recognized at the international conference in San Jose in April. • The average student age is approximately 23 years with the majority being between the ages of 19-21. • 17% of students are older than 30. • 38% of students are 18 and younger. • Women make up 58% percent of the ACC student population. Dr. Allbright Named President Emeritus • Ethnicity: 74% white, 30% Hispanic origin, 11% Black 5% Asian. The Board of Regents bestowed President Dr. Rodney Allbright with the “President Emeritus” title in October. Dr. Allbright has been with the college for 45 years, 38 of which he’s served as president. He plans to exit ACC at the end of the 2013-14 college year. • 42% of ACC students are current and former high school students attending ACC for the first time. 9 foundation A Member of the Texas Association of Community College Foundations 3110 Mustang Road, Alvin, Texas 77511 • 281.756.3600 [email protected] www.alvincollege.edu/foundation Alvin Community College does not discriminate against anyone on the basis of race, religion, color, sex, age, national origin or veteran status. The college reserves the right to alter or discontinue courses or programs.
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