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Annual Report 2018

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Annual Report 2018 Annual Report 2018 message from Message from the Chair ..............................1 Message from Board of Regents Chair ........2 In 2013, the total UA award for each GCF began focusing on how to eligible student was $2,400. This cover the costs of these non-tuition Vision, Mission, Goals ................................3 amount covered just over half of the educational expenses such as books, total cost of tuition and required fees at digital equipment, course required Message from the President.........................4 GC. Over the next five years, the GCF tools, as well as testing & licensure fees Brief History ...............................................5 Board renewed its fundraising efforts for students. n behalf of the Galveston to achieve the original mission of UA, Letter from UA Student ..............................6 College Foundation which was to pay the full tuition and Earlier this year, the GCF Board (GCF), this inaugural required fees for eligible Galveston high embarked on a $6,000,000 campaign Universal Access Community issue of the 2018 Annual school graduates to attend GC. to help defray costs associated with Endowment ............................................7 OReport is dedicated to our immediate non-tuition related needs. In August UA 2017-18 Scholars & Graduates .............8 past Chair, Jan Coggeshall. She gave In 2015, the GCF received a $3,000,000 of this year, The Moody Foundation in every way to the cause of education, grant from The Moody Foundation. In awarded another grant of $3,000,000 Gabriel Prusmack .....................................10 and in particular, higher education. 2016, the Permanent Endowment Fund for this purpose. This grant has helped Her extraordinary personal generosity (PEF) granted $500,000 to UA. leverage principal donations and UA Non-Tuition Endowment ....................12 as well as her ability to lead inspired pledges for non-tuition educational The Moody Foundation ............................13 people from every walk of life and These grants, along with other expenses totaling just over $3,400,000 political persuasion to be part of the significant local gifts, more than doubled spearheaded by the GCF Development Yessica Ramos-Barrios...............................15 solution. Jan’s passion was that the the assets of the UA endowment. Today Growth Committee. community guarantee an opportunity I am proud to say that UA students, GCF Financials .........................................16 to earn a college degree on the Island starting this Fall 2018, will receive a UA The Universal Access Community Jessica Raeke .............................................18 without incurring inordinate debt. award of $4,620, which finally meets the Endowment is a profound catalyst for goal of UA. personal, professional and community Denise Vargas Escobar ..............................19 For over 17 years, the Universal Access success. In this inaugural annual Community Endowment Scholarship With tuition and required fees report, we celebrate the successes of the Newly Established Scholarships ................20 (UA) has supported over 1700 students essentially secured, the GCF was students we serve, and those who make Managed & Invested Scholarships ............21 to attain a college degree, workforce inspired to find additional ways to it possible. certifications, or acquire transferable help remove barriers to retention, GCF Donor Report ...................................23 credits to a state college or university. graduation and employment for UA Thank you, to the Galveston More than 94% of our scholars are students. This effort further gained community, for all you do to make it Current & Former Directors .....................27 retained and eventually graduate momentum in 2016 when a separate a reality. Tribute to Jan Coggeshall .........................28 or transfer on within 2.6 years of seed gift from the PEF of $100,000 was initiating their college career. In 2017- awarded specifically to begin a second Garrik Addison 18, GCF was supporting 112 current community endowment for non-tuition students and graduated 55. educational expenses. message from Message from the Chair ..............................1 Message from Board of Regents Chair ........2 In 2013, the total UA award for each GCF began focusing on how to eligible student was $2,400. This cover the costs of these non-tuition Vision, Mission, Goals ................................3 amount covered just over half of the educational expenses such as books, total cost of tuition and required fees at digital equipment, course required Message from the President.........................4 GC. Over the next five years, the GCF tools, as well as testing & licensure fees Brief History ...............................................5 Board renewed its fundraising efforts for students. n behalf of the Galveston to achieve the original mission of UA, Letter from UA Student ..............................6 College Foundation which was to pay the full tuition and Earlier this year, the GCF Board (GCF), this inaugural required fees for eligible Galveston high embarked on a $6,000,000 campaign Universal Access Community issue of the 2018 Annual school graduates to attend GC. to help defray costs associated with Endowment ............................................7 OReport is dedicated to our immediate non-tuition related needs. In August UA 2017-18 Scholars & Graduates .............8 past Chair, Jan Coggeshall. She gave In 2015, the GCF received a $3,000,000 of this year, The Moody Foundation in every way to the cause of education, grant from The Moody Foundation. In awarded another grant of $3,000,000 Gabriel Prusmack .....................................10 and in particular, higher education. 2016, the Permanent Endowment Fund for this purpose. This grant has helped Her extraordinary personal generosity (PEF) granted $500,000 to UA. leverage principal donations and UA Non-Tuition Endowment ....................12 as well as her ability to lead inspired pledges for non-tuition educational The Moody Foundation ............................13 people from every walk of life and These grants, along with other expenses totaling just over $3,400,000 political persuasion to be part of the significant local gifts, more than doubled spearheaded by the GCF Development Yessica Ramos-Barrios...............................15 solution. Jan’s passion was that the the assets of the UA endowment. Today Growth Committee. community guarantee an opportunity I am proud to say that UA students, GCF Financials .........................................16 to earn a college degree on the Island starting this Fall 2018, will receive a UA The Universal Access Community Jessica Raeke .............................................18 without incurring inordinate debt. award of $4,620, which finally meets the Endowment is a profound catalyst for goal of UA. personal, professional and community Denise Vargas Escobar ..............................19 For over 17 years, the Universal Access success. In this inaugural annual Community Endowment Scholarship With tuition and required fees report, we celebrate the successes of the Newly Established Scholarships ................20 (UA) has supported over 1700 students essentially secured, the GCF was students we serve, and those who make Managed & Invested Scholarships ............21 to attain a college degree, workforce inspired to find additional ways to it possible. certifications, or acquire transferable help remove barriers to retention, GCF Donor Report ...................................23 credits to a state college or university. graduation and employment for UA Thank you, to the Galveston More than 94% of our scholars are students. This effort further gained community, for all you do to make it Current & Former Directors .....................27 retained and eventually graduate momentum in 2016 when a separate a reality. Tribute to Jan Coggeshall .........................28 or transfer on within 2.6 years of seed gift from the PEF of $100,000 was initiating their college career. In 2017- awarded specifically to begin a second Garrik Addison 18, GCF was supporting 112 current community endowment for non-tuition students and graduated 55. educational expenses. 1 message from VISION Goals The Galveston College Foundation is a premier fund raising Galveston College Foundation seeks to fulfill Karen Flowers, Chair organization that actively encourages the community to invest, its mission through ensuring the College’s through it, the funds and other assets and energies needed for success by: Board of Regents Galveston College and its students. With this effort the 1. Seeking the resources to offer all qualified Foundation will help perpetuate the College and assist it to students a scholarship to the College. nce upon a time, back in the day, and for a who live and work operate at a level far above that which can be achieved using only 2. Developing a partnership between the minute, I was an elementary school teacher in Galveston in state and federal funding. with aspirations of changing lives on the the careers for College and the community that places front lines of a classroom. As a young girl, my which Galveston Galveston College at the center of the Ofamily moved to the island. I attended Galveston schools College prepared community. and graduated O’Connell High School. And true to them. A fine artist, 3. Embracing diversified strategies for raising form, followed the path of most of my peers, I
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