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Women’s Education Foundation 2010 Annual Report

IN THIS REPORT: ★ From the Board From the CWEF Board . . . ★ Pay It Forward ★ Foundation Boards ★ New Trustees The Colorado Women’s Education Foundation Board of ★ 2009-2010 Recipients Trustees had a very exciting year packed full of changes and projects. ★ Contributions ★ Financial Reports We shortened our name to reflect the changes that have ★ Legacy of Learning occurred this past year to the BPW organizations on ★ Contact Us the national, state, and local levels. We’re excited that our new name is shorter and easier to recognize and ★ Scholarship Application Process remember. A new brochure was designed to help with ★ What You Can Do our marketing efforts. DONATE NOW ONLINE There were 14 scholarship recipients this year who were click here awarded a total of $13,125 in scholarships. As with every cannot carry out our honorable endeavor of helping strug- year, we have so many deserving applicants that we turn gling Colorado women complete their education. “Paying down and only wish we had more funds to award. Our It Forward” is what all of us can do to help these women new recipient liaison program is helping us stay in better and make our communities a better place. We believe touch with our scholarship recipients. that education is the key. The first annual “Legacy of Learning Fundraiser” was Please remember us in your charitable giving. No held this year with huge success. The fundraiser will be amount is too small. held each year featuring a distinguished speaker coupled with a social event. Our next event is scheduled for The CWEF Board of Trustees: April 11, 2011 with guest speaker , PhD. Rori Bishop, Stephanie Brady, Bar- Details will be on our website. bara Ford, Kristin Lentz, Nancy Litvak, Colleen Miller, Joyce Neville, Deborah Our heartfelt thanks go out to all our supporters and Orent, Carol Puchalski, Phoenix Sagen, contributors of this past year. Without your support we and Jenne Trembley.

1 FOUNDATION BOARDS THE CWEF The Honorary Board BOARD OF TRUSTEES Toni Butler Lee J. Carlin U.S. Rep. Diana DeGette Colleen Miller, President Wanda Fanning Jennifer Trembley, President Elect Kathryn Hach-Darrow Kristin Lentz, Secretary and Acting Treasurer Stephanie Brady Michele Obermeier Rori Bishop LaRai Orullian Barbara Ford Anne Steinbeck Nancy Litvak The Advisory Council Joyce Neville Susan Beck Deborah Orent Cynthia Blankenship Carol Benson Puchalski Elizabeth Dodds Phoenix Sagen Jeannie Hamilton Dorothy Rupert Theresa Szczurek Staff Annette Taylor Margaret Martinez, Office Manager Linda Weatherwax Audrey Sewald, Accounting Contractor Consultants to the Board Nancy Cebula The Board of Trustees regretfully bids fare- Pam McKinnie well to two trustees: Ganette Isaacson and Julie A. Thenell Jessica Neville. They will both be missed We thank them for their service. Special Advisor to the Trustees Eleanor Hubbard

After 3 years as President of the CWEF Board of Trustees, Joyce Neville has passed the Withtorch to ourSpecial new President, Thanks Colleen . . . Miller. Joyce has been a member of the board for over 5 years total and continues to serve as an active trustee. We thank you, Joyce, for all your leadership, for your perseverance, and for caring about our mission.

2 NEW TRUSTEES JOIN CWEF

The CWEF board welcomes two new trustees and the abun- dance of experience, talent, and energy that they bring.

Jenne Trembley is a financial advisor with Phoenix Sagen is a self employed busi- Spinnato, Kropatsch, Clinard, Schuelke & Asso- ness owner with ItWorks!! Global, a health and ciates, a financial advisory practice of Ameriprise wellness company with global reaches. Her Financial Services. Prior to moving to Colorado, community involvement has included being a she was Vice-Chairman for her local parks and volunteer at Judie’s House lending bereave- recreation commission and lent her support as ment support for grieving children and teens, both a volunteer and corporate sponsor for Wom- and helping with fundraising projects through the en’s Resource Center, Women’s Health Source, Longmont Moose Lodge for the local community and her local SPCA. In Colorado, she continues including education for children, medical sup- to leverage her relationships to aid non-profits plies and support for the elderly. She is also a that she cares about including Colorado Wom- supporter of the local as well as en’s Education Foundation and Assisted Cycling doctors without borders. Tours. Using her degrees in Business, Phoenix is dedi- Jenne sought a position on the CWEF Board of cated to helping women learn, practice and apply Trustees because throughout her life she has the necessary skills needed to be successful in recognized the struggle women face in their business. She is very excited to join the Board of pursuit for a valuable education and a success- Trustees to be able to help other women com- ful career. She is continually challenging herself plete their education faster and with less frustra- through education, and currently has a degree tion. Her own struggle to pay for her education from the University of Pennsylvania and four has fueled her desire to help others who face the financial service designations: Certified Finan- same challenges. cial Planner™ Practitioner, Chartered Financial Consultant®, Chartered Retirement Planning Counselor®, and Certified Divorce Financial Ana- lyst®. Jenne is excited about her role as CWEF President-Elect, and plans to use her leadership and management skills to support the Board of trustees in their mission of helping deserving Colorado women.

Be alert to give service. What counts a great deal in life is what we do for others. -- Anonymous

3 RECIPIENTS FOR FALL 2009 AND SPRING 2010

The Colorado Women’s Education Foundation awarded $13,125 in scholarships to 14 deserving Colorado women. Each round of scholarship reviews presents new, moving stories of women stuggling to complete their education. The diffi- cult economic times definately showed in the scholarship applications this year, and the empathy for these women made the award choices very difficult.

The following are the recipients who received awards for the scholarship dead- lines of May 31, 2009 and Oct 31, 2009. Privacy requests limit the information we can publish.

Erin, 32, of Colorado Springs is a single mother “I love doing my homework in front of my of one, working toward an Associate’s degree in three children because it shows them that it’s Elementary Education at Pikes Peak Community not okay to give up on what’s important to College. She maintains over a 3.0 GPA and ulti- mately plans to complete her BA at the University them ...” of Colorado. Her community volunteer work -- Sandy, recipient for Spring, 2010. includes The Head Start Policy Council, Women of Courage, and a Brides of Christ participant.

Deborah, 40, is working toward a Bachelor Sandy, 35, of Aurora, single with three chil- degree in Construction management at Colorado dren, is studying Business Administration at The State University. She intends to also receive cer- Women’s College of the University of tification in green building and LEED (Leadership where she maintains a 3.12 GPA. The reason in Energy and Environmental Design). While she has done volunteer work with Project Home- maintaining a 3.23 GPA, she supplements her less is to give back the same sort of help that studies by volunteering with the National Center she had previously received from “The Coalition for Craftmanship. for the Homeless”.

Jessica of Fort Collins, 31, is married with two Barbara, 33,of Greeley is a divorced mother children, and is earning a Associate of Arts at working on her Associate’s degree in Second- Front Range Community College. Social Work ary Education (Math). While caring for her six is her chosen career because, in her words, “my children, she incredibly maintains a GPA of 3.84. life has presented many obstacles that I have Upon completion of her AA degree she intends to had to overcome and I am sure that I can be of work on her Bachelor’s degree at the University some help to those who are in need.” of Northern Colorado. Pursuing a career in the education field is a natural for her since she does Jayne, 32, of Colorado Springs is a divorced volunteer work in that area and has also home- mother of two. Sociology and Political Sci- schooled her own children for a few years. ence are her areas of study at the University of Colorado in Colorado Springs. She intends to become an advocate for domestic violence victims. While maintaining a 3.0 GPA, she also Click Here for a Scholarship Application volunteers at TESSA, an organization that helps women and children of domestic violence and sexual assault.

4 RECIPIENTS for FALL 2009 and SPRING 2010 (cont.)

Meredith, 28, of Fort Collins, holds a 3.59 GPA and is pursuing a Bachelor of Arts with a double major of Sociology and International Studies at Colorado State University. She is heavily involved in community service including Victim’s Assistance Team, Key Service Commu- nity Partnership, and Food Not Bombs.

Mercy of Lakewood, 26, sustains a 4.0 GPA in her course of study at Emily Griffith Opportunity $13,125 School to become a Licensed Practical Nurse. In order to reach her goal of becoming a nurse IN SCHOLARSHIPS in a Neonatal Intensive Care Unit, the divorced mother of two plans to continue her education AWARDED IN and ultimately pursue her BS degree in Nursing. FISCAL 2010

Elizabeth of Fort Collins, 25, is earning a Bachelor of Science in Nursing at the University of Northern Colorado. The single mother of one Statistically Speaking ... is a native Coloradoan and has a 3.76 GPA. She intends to make a positive contribution to the The women who received awards this quality of health care that is offered in the com- year are: munities on the Front Range. Her volunteer con- tributions include Program Energy, Big Thomp- • Between 25 and 41 years of age son Watershed Forum, and Turtle Lake Refuge. • Have as many as 6 dependents • 12 are single or divorced • 1 is widowed Stephanie, is enrolled in an Associate of Sci- • 1 is married ence program at the Community College of Den- ver. She has aspirations to eventually become The home towns of the recipients this- a Physician’s Assistant. Her volunteer work of mentoring teenagers to graduate is very fulfilling year are: to her. • Aurora (1) • Colorado Springs (2) • Denver (1) Four scholarship recipients prefer to • Greeley (1) remain anonymous. Given their special • Fort Collins (4) circumstances, we respect their wishes • Lakewood (2) for declining all publicity. • Loveland (1) • Pueblo (1) • Westminster (1)

Click Here for a Scholarship Application

5 CONTRIBUTIONS JUNE 1, 2009 TO MAY 31, 2010

A sincere thank you to all our contributors and supporters for this year.

Gold Sponsors ($500) Platinum Sponsors ($1000+) Rhonda and Kevin Kelley* Medically-Based Fitness Ganette Isaacson and TCF Bank (Deb and Sander Orent)* Holland & Hart LLP Thomson Reuters Joyce and John Neville* (2009 Community Champion Award to Joyce Neville)

Silver Sponsors ($250) Amber and Mike Fries* Davis Graham & Stubbs LLP* Flatirons Bank* Active Pledging Scholars CBW/BPW Local Organizations Barbara Ford Aurora CPW Melissa W. Wilson Boulder BPW Colorado Business Women DTC/CBW Network In Honor of 90 years of BPW/CO and Lamar BPW Outging President Cheryl Ide Pikes Peak BPW Anne Steinbeck The 2008/2009 BPW/CO Leadership Team Gifts of Education Carol Puchalski* In Honor of Janet Canaan and 2009- Cheryl Pack* 2010 Executive Committee Gretchen Hammond* Anne Steinbeck Eleanor Hubbard Carolyn Romero Harold and Ingrid Becher Jenne Trembley & Savvy CO Women* In Honor of Eleanor Hubbard Jessica A. Neville Sandra L. Bish Josephine Heath Kathryn E. Roy* In Honor of Marion Dorothy Yost Kristin Lentz* Anonymous new pledging scholar Lauren B. and Stuart P. Kingsbery* Leslie A. Karnauskas In Recognition of Top Sales Leader, Margaret Martinez Erwin Buck Mary A. Robyn* SagePoint Financial, Inc Nancy Rinker Susan Hurwitz* In-Kind Contributions Theresa Gerung* Joyce Neville Kristin Lentz Veronica M. Thighe* Colleen Miller Audrey Sewald * Legacy of Learning sponsor/supporter We now accept contributions online. Click here to DONATE NOW. 6 MAJOR CONTRIBUTORS IN PRIOR YEARS

Our major supportors in prior Past Lifetime Sponsors years formed the bedrock of this ($1000 pledge completed) foundation. The 1996-1997 BPW State Executive Committee American Express/IDS Diamond Endowed Scholarship Ball Aerospace Sponsor ($100,000+) Boulder BPW Boulder Planet Carol Grever The Carr Family Nancy Cebula Colorado Federation of BPW DTC BPW Network Endowed Scholarship Sponsors Alice Deboer ($25,000+) The Estate of Cecilia G. Gillespie Cooley Godward The Anchor Point Fund of the Community Barbara Ihde Foundation Serving Boulder County Leslie Karnauskas Pam McKinnie, Concepts Unlimited Asset One/Financial Architects, Erwin Buck Judi S. & Robert C. Newman and Nancy Rinker Donna Rifley Carolyn Romero Barbara and John Rosenberg Anthem BlueCross BlueShield Foundation Anne Steinbeck Cynthia Vaida BPW State Presidents Melissa W. Wilson Judy A. Wolff Theresa M. Szczurek, Ph.D., Technology & Management Solutions Past Pledging Scholars ($1000 pledged) Cathi Almquist Ronda Bolich-Lampo Carolyn Butler Corrin Campbell Pam Dumonceau Named Scholarships ($10,000+) Dianne Green Anne F. Steinbeck Ida Halasz Aina Holland Arthur Andersen Nancy Jarrell, Enterprising Communications Boulder BPW Evelyn Jeffries Brett Family Foundation Eva Kosinski Coldwell Banker The Bernardi Group Stephanie Nestlerode, Omega Point International Dain Rauscher Kris O’Shea Kathey Pear Daniel Aaron Romero Memorial Julia and Jerry Rudy Eloise Witt Joder Memorial Janet L. Stull Helen Scott Calais Mary Tinkcom USWest Foundation Barbara Truan, Renaissance Management Women in International Business Joyce Waters-Smith Gaynelle Winograd Yampa Valley Women’s Pioneer Judy Wolff Wells Fargo Kathryn Zwack We now accept contributions online. Click here to DONATE NOW 7 FINANCIAL STATEMENTS 2009-2010

The Board continues being frugal with operating expenses. The use of free Google tools for non-profits is a huge savings for CWEF. Those tools include: a “Donate” button, check-out service for our fundraising events, use of the “Google docs” collaboration environment, and on-line advertising for scholarship applicants, volunteers, and dona- tions. THANK YOU, GOOGLE !!

Colorado Women's Education Foundation Colorado Women's Education Foundation STATEMENT OF REVENUES & EXPENSES - CASH BASIS STATEMENT OF ASSETS, LIABILITIES & NET ASSETS - CASH BASIS For the Year Ending May 31, 2010 For the Year Ending May 31, 2010

Revenues Pledge Income $200.00 ASSETS Donations - Locals 871.58 Dues BPW/CO 190.00 Cash and Cash Equivalents Donations - Members 1,145.00 Cash - FNB $5,481.13 Donations - Non-members 305.00 Endowment Fund 323,107.67 Donations - Corps & Foundation 2,550.00 Fundraising Events 5,674.01 Total Cash and Cash In-kind Donations 3,820.74 Equivalents $328,588.80 Dividends 9,730.94 Interest Income 0.67 Property and Equipment Unrealized Gain on Investments $75,272.36 Computer and Printer 4,370.01 Computer Software 379.95 Total Revenues $99,760.30 Accumulated Depreciation (3,477.55)

Expenses Total Property and Equipment $1,272.41 In-kind Expenses $3,820.74 Annual Report 445.00 Total Assets $329,861.21 Computer Expenses 318.12 Depreciation 762.85 Financial Management Fees 387.36 LIABILITIES AND CAPITAL Fundraising Expenses 1,174.71 Insurance 2,229.00 Liabilities Miscellaneous 120.00 Federal W/H & FICA Payable 908.85 Office Payroll 20,800.00 State W/H Payable 151.00 Payroll Taxes 1,591.20 PO Box, Postage, Copying and Printing 276.74 Total Liabilities $1,059.85 Professional Services (accounting) 712.50 Supplies 151.61 Telephone 306.26 Capital Website 177.32 Net Assets 275,339.47 Total Operating Expenses 33,173.41 Net Income 53,461.89 Scholarships 13,125.00 Total Expenses 46,298.41 Total Capital $328,801.36

Net Revenue $53,461.89 Total Liabilities & Capital $329,861.21

P Think before you print. We’ve gone green.

8 2010 LEGACY OF LEARNING FUNDRAISER

How can we possibly express our gratitude to all of the sponsors, committee members and individuals whose work and dedication went into making the First Annual Legacy of Learning Fundraiser such a tremendous success? We love and appreciate you all.

It was the perfect early summer evening at the home of John and Joyce Neville. A wooded yard with a gurgling stream bisecting the back perimeter provided the perfect backdrop. The enthusiasm was palpable among the near one hundred guests in attendance who were treated to the jubilant, rhythmic marimba music provided by Low Flying Knobs while cocktails and appetizers were served. Guests included prominent local entrepreneurs and business people as well as scholarship recipients Denise Hurtado (2006) and Jenelle Martin (2008).

Featured speaker Carlotta Walls LaNier spoke of the courage that it requires to change minds and the influence of the ordinary he- roes among us. She read several poignant quotes from her book, “A Mighty Long Way: My Journey to Justice at Little Rock Central High School,” that recounts her journey to becoming the first black girl to graduate from Little Rock Central High School. Hearing Ms. LaNier speak and experiencing her strength was inspiring to every- one in attendance. “Carlotta’s presence and presentation made the deepest impression ….Her dignity and grace…moved me to tears. “ Said Carol Grever, long time sponsor of CWEF. “Having a [speaker] of such stature definitely made the evening memorable.”

The presentation of $1350 by Boulder BPW President Nancy Chin-Wagner was another highlight of the evening. An additional $4500 was raised by the event; which will go toward future schol- arships. Thank you for your generosity. We also send a special thanks to hosts John and Joyce for their patience and support in the creation of a truly wonderful evening.

-- Trustee

Rori Bishop, LOOKING FORWARD TO 2011 Our next Legacy of Learning Fundraiser will be a dinner event the evening of April 11, 2011 and will feature Temple Grandin PhD, as guest speaker. Dr. Grandin is a CSU professor, bestselling author, and advocate whose life’s story was recently made into the Emmy Award winning HBO movie, “Temple Grandin”. Check our website in 2011 for more information, ticket purchases, and sponsorship opportu- nities.

9 2010 LEGACY OF LEARNING (cont.)

PLATINUM SPONSORS JOYCE and JOHN NEVILLE

GOLD SPONSORS MEDICALLY-BASED FITNESS (DEB and SANDER ORENT) RONDA and KEVIN KELLEY

SILVER SPONSORS AMBER and MIKE FRIES DAVIS, GRAHAM & STUBBS, LLP FLATIRONS BANK (Wendy Reynolds) JOY and CHRIS JORDAN

Thank you to all our sponsors for making our event a success !

GENEROUS INKIND DONATIONS Other Notable Cash Donations

BARBARA FORD Rori Bishop and Friends BIG BANG CATERING Jean Davis (John Holett & Lyle Davis) Theresa Gerung CAFÉ BLUE (Leslie & Kevin Middleton) Carol Grever COLTERRA FOOD & WINE Gretchen Hammond (David Roth and Wade Sawaya) Josie and Rollie Heath COLLEEN MILLER Susan Huritz COSTCO DAVIS, GRAHAM & STUBBS Lauren and Stuart Kingsbery DEB ORENT John Koonz JOYCE NEVILLE Dianne Ladd EVELYN GENTILE Kristin Lentz GRAND VIN DISTRIBUTORS Robert E. McClendon (Kurt Hoeckel) Cheryl Pack GUNBARREL GREEN LIQUORS Georgia Pappas & R. Eberhard HONEYJACK MEAD Carol Puchalski (Dan Bowron) Wendy Reynolds KING SOOPERS Mary Robyn LIQUOR MART Kathryn Roy LOEWS DENVER HOTEL PAY IT FORWARD FOUNDATION Dorothy Rupert REPUBLIC NATIONAL DIST CO Lynne Schmidt (William Snowden) Fredera L. Stiglmeier RORI BISHOP Gwen Swenson-Hale RC SPECIAL EVENTS RENTALS Veronica M. Thighe SAFEWAY Jenne Trembley & SAVVY WOMEN THE LOW FLYING KNOBS Marimba Band Jacqueline Wurn & Steve Grad

10 CONTACT US . . .

Colorado Women’s Education Foudation P.O. Box 1189 Boulder, CO 80306-1189

303-443-2573 EMAIL: [email protected]

SCHOLARSHIP APPLICATION DEADLINES

Application deadlines are May 31 for fall semester awards and Oc- tober 31 for spring semester awards. Scholarship funds awarded by CWEF will be applied to the recipient’s account at her school. Click here for an application form and more information.

What You Can Do:

Every organization benefits from the energy and skills of those who rally around it . . . from individuals completing the day-to-day tasks to supporters spreading the word on its behalf. The Colorado Women’s Education Foundation has grown because of the enthusiasm and hard work its supporters have displayed over the years. Our future growth is dependent on the continued support of individuals and orga- nizations that believe, as we do, that education is the key to transforming lives. Below are ways you can support the Colorado Women’s Education Foundation. Find one that works for you and begin writing a success story of tomorrow.

H Volunteer: Add your name to our volunteer list. We are always in need of individuals and organizations willing to help with tasks large or small. We will call on you to share your valued skills as the needs arise.

H Connect Trustees to Interested Corporations/Foundations: Does your business or place of employment offer a matching gift fund? Do you know of a business or foundation seeking a partnership with another with a similar mission? A single introduction can be the first step toward creating a valuable partnership and strengthening the work of several organizations.

H Become a Pledging or Lifetime Scholar: Pledge to give $100 or more per year for up to ten years to become a Pledging scholar. With an accumulated gift of $1,000 or more, you will become a Lifetime Scholar.

H Give the Gift of Education: We all know how hard it can be to find just the right gift for someone’s birthday, anniversary, graduation or wedding. A donation to the foundation is a great way to honor a friend, and it’s a gift that will last a lifetime. We also welcome gifts in memory of a loved one.

H Be a Foundation Liaison: CBW/BPW members, become that person “in the know.” Get regular updates about Foundation activi- ties. Share foundation news and information at your local meetings or by providing articles for your Local’s newsletter.

H Encourage Women You Know to Apply for a Scholarship: The Foundation’s scholarship program is as strong as its demand. We continue to receive a record number of applications each year. Our goal is to provide more and larger scholarships to women throughout Colorado. As the demand grows, so will our ability to increase our support.

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