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2017 Annual Report Missouri Western State University Foundation

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2017 Annual Report Missouri Western State University Foundation 2017 Annual Report Missouri Western State University Foundation Foundation Mission Foundation and Vision Staff Mission Jerry Pickman ’85 The Missouri Western State University Executive Director Foundation is a not-for-profit charitable Tara Adwell, until Sept. 1, 2017 organization that functions solely to Associate Executive support the mission of Missouri Western Director and Chief State University. The Foundation receives, Financial Officer invests, maintains and administers Tammy Durbin contributed resources; and otherwise acts to Accounting Clerk further the mission and goals of Missouri Susan Leslie ’93 Western State University by directing Database Specialist acquired resources to serve the University Jennifer Riley Dear Friends, and its students. On behalf of the Foundation, I want to thank you for your steadfast support Accountant of Missouri Western. This Annual Report is a testament to the outstanding support that Missouri Western receives from its generous donors. Vision I hope you take the time to read through this booklet, not only to see who The Missouri Western State University Development your fellow donors are, but also to see how your generosity benefits students and Foundation will support the continued faculty. As chair of the board, I witness that firsthand every day. development of Missouri Western State Staff I am proud to chair the Foundation Board of Directors and serve with such University by striving to be a foundation Kim Weddle ’00 an outstanding group of people. The list of directors is on the next page, and I can of excellence, promoting and facilitating a Director of Development say with certainty that every member of the board has the interests of students culture of philanthropy, service, volunteer Rachel Graves ’03 and donors as their top priority. We appreciate the time and energy members put leadership and exemplary fiduciary Development Officer forth for the Foundation. With decreasing allocations from the state every year, private support for responsibility. Missouri Western is more important than ever. A strong University means a stronger community, and we can’t do it without you. Thank you, Seth Wright Chair, Foundation Board of Directors The quotations throughout the 2017 Annual Report were taken directly from thank you notes sent to the Foundation from recipients of scholarships for 2016-17. Missouri Western State University Foundation Board of Directors University President Ashley Albers Jason Horn ’95 Tom Richmond Dr. Robert Vartabedian Nor-Am Cold Storage The Commerce Trust Altec Industries, Inc. Company Foundation Executive Director Mike Basch David Shinneman Jerry Pickman ’85 Hy-Vee Steve Johnston Shinneman Management Co. Community Alliance of Kit Bradley Bowlin St. Joseph Tom Tewell Chair NPG, Inc. Tewell & Associates Seth Wright Rodger Karn ’98 Polsinelli PC Jared Brooner Nodaway Valley Bank Greg VerMulm ’89 Polsinelli PC MarketSphere Consulting Jennifer Kneib-Dixon ’89 Eric Bruder ’93 Fairway Independent John Wilson Herzog Technologies, Inc. Mortgage Co. Retired Vice Chair Susan Campbell ’01 Chris Looney Julie Woods ’96 Dennis Rosonke SJC Marketing Physician American Family Meierhoffer Funeral Home Ali Carolus Michael Pankau ’84 Zack Workman ’74 Mosaic Life Care Retired Lawns Unlimited, Inc. Wayne Chatham ’90 Susan Pettigrew ’83 Card Compliant Boehringer Ingelheim Treasurer “I am so blessed that I Bill Grimwood Jason Grayson ’98 Brent Porlier ’82 was chosen to receive Hillyard Companies Tyson Foods, Inc. Porlier Outdoor Advertising this scholarship, and I work very hard at my Ed Haffey ’62 Al Purcell Retired Purcell Consulting studies to do the best I can in all my classes. Thank you so much. ” Secretary Diane Hook ’90 Boston Parker Hook McKinley, LLC Electronics Engineering Technology St. Joseph, Missouri 1 Foundation Year in Review 2016-2017 Centennial Capital Campaign Report The Foundation had an outstanding were improvements to the heating and important to maintain state-of-the-art • There have been 246 engraved bricks year in 2016-17, funding many cooling systems. facilities for the School of Fine Arts’ sold for the Victory Plaza, which is programs and scholarships for students, In December 2016, Patterhn outstanding programs.” located between the Griffon Indoor and continuing to advance the mission Ives LLC of St. Louis was selected Sports Complex and Spratt Memorial of the University. by the Missouri Western Board of Foundation Highlights Stadium. Bricks are still available for Governors for planning and design In addition to work on the purchase to support the Centennial Centennial Capital Campaign services for the Potter Hall renovations. Centennial Capital Campaign, here Capital Campaign. In January 2017, Missouri Western The Missouri General Assembly are more Foundation highlights from • The R. Dan Boulware Convocation entered the third year of its five-year appropriated $150,000 for architectural 2016-17: on Critical Issues, which is funded by Centennial Capital Campaign, and the services for the Potter Hall project, • Gifts to the Foundation totaled more the Foundation and sponsors, featured focus was on raising funds for Potter and that funding was matched by the than $24 million. political commentator Cokie Roberts Foundation with Centennial Capital Hall, home of the School of Fine Arts. • The Foundation awarded over in 2016. The 2017 speaker was Martin Campaign gifts. In the past two years, Potter Hall, $861,000 in scholarships to 480 Luther King III, civil rights activist Patterhn Ives has been working with which houses the three departments students. and global humanitarian. of Art, Music, and Theatre, Cinema a committee on designs and plans for • The Foundation upgraded its donor and Dance, has received several the building since December. • Student Excellence Fund grants and financial data software package, improvements, including an addition Jerry Pickman ’85, vice president for totaling $40,000 were distributed which included a savings in credit card of a percussion studio and restrooms. University Advancement and executive to 84 students in several disciplines. fees and improvement of the online Additionally, thanks to capital director of the Foundation, noted that Additionally, 20 students received giving experience. improvement funds from the state and work on Potter Hall will proceed as $10,000 from the Blake K. Scanlon the 2015-16 membership dues of the funds are raised. Applied Learning Grant fund. Both • The Foundation also received many Missouri Western Arts Society, several “The campaign hopes to address funds assist students invited to present undesignated gifts in 2016-17, which common areas were updated, and there as many of the facility needs in Potter research or participate at conferences help provide additional support for Hall as possible,” Pickman said. “It is at regional or national levels. students, such as special equipment 2 Cokie Roberts speaks at the 2016 R. Dan Boulware Convocation on Critical Issues and programs. Last year, undesignated alumni database, complete gift gifts to the Foundation funded or acknowledgement letters, conduct helped fund Visual Arts Day for high prospect research and prepare analytical schoolers, guest speakers, Potter Art reports. Gallery exhibitions and visiting artists, At its strategic planning session in amphibian habitat field recording the spring of 2017, the Foundation set equipment, and more. its goals for 2017-18: Goal 1. Increase the Foundation’s assets by providing support for the Victory Plaza The Foundation: University’s major and planned gift Past, Present and Future fundraising program. Almost 50 years ago, in the same As the Foundation looks to the To support the year Missouri Western became a Goal 2. Promote awareness of the future, there are challenges on the Centennial Capital Campaign four-year institution and moved to Foundation’s mission to internal and horizon, but there are also many and Missouri Western, its new campus (1969), the MWSU external stakeholders. strengths: a good financial position, please contact: Foundation was established to promote Goal 3. Increase board member a diversely experienced board, good private giving and support Missouri engagement and information relationships within the community and Jerry Pickman ’85 Western, and it has greatly succeeded in sharing. strong relationships with auditors and Vice President for fulfilling those roles ever since. Goal 4. Engage in Risk legal counsel. University Advancement Today, it has assets totaling Management oversight in order “It’s a great time to be a part of the (816) 271-5647 approximately $50 million, there are to identify, analyze, prioritize and Foundation and Missouri Western,” [email protected] 32 Foundation Board members, and mitigate risks. Pickman said. “We are a strong it coordinates 235 scholarships. In Kim Weddle ’00 university, and we are looking forward addition to its financial responsibilities, Goal 5. Maximize efficiency Director of Development to an exciting, successful future.” Foundation staff maintain the donor/ through the use of technology. (816) 271-5648 [email protected] 3 Statements of Financial Position June 30, 2017 and 2016 Assets 2017 2016 Liabilities & Net Assets 2017 2016 Current Assets Current Liabilities Cash 792,073 801,666 Accounts payable 412,574 629,818 Pledges receivable net - current portion 2,023,276 2,003,959 Agency funds 688 81,626 Pledges receivable net - gifts-in-kind 78,000 1,205,805 Deferred revenue 177,455 153,833 Notes receivable, net - current
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