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18 ANNUAL REPORT Student Success & Innovation

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18 ANNUAL REPORT Student Success & Innovation Renton Technical College Foundation 2017-18 ANNUAL REPORT Student Success & Innovation WWW.RTC.EDU PRESIDENT’S MESSAGE Dear Friends, When people ask me what I love most about being president of Renton Technical College, the answer is easy: watching our students succeed. I’m continually in awe of our students, many of whom have overcome great obstacles to achieve their goals. There are so many success stories at RTC, like that of Carl Harris, who survived homelessness and hopelessness before he found his place here. He was one of only 20 students in the country named to the All-USA Academic Team. The Foundation scholarships he earned helped him stay in school and achieve his dreams. While Carl’s time at RTC is complete, others are just getting started, like Kathryn Forman, whose difficult childhood in Russia and transition to the United States inspires her to excel in her nursing studies. Scholarships also have eased her path to her goal, and new scholarships funded by Swedish Medical Center will help men and students of color from underserved communities pursue nursing careers. We are so grateful to the companies, organizations and individuals who help make scholarships possible. From longtime benefactors including Bernadene and Denny Dochnahl and Rich Wagner and his late wife, Andee Jorgensen, to the hard-working RTC staff members who give $5 a paycheck, every donation makes a difference to our students. Thank you for your support. Dr. Kevin McCarthy, President, Renton Technical College Once again, your generosity helped parents, or veterans transitioning into the Foundation exceed our goals and civilian careers. Whether it is struggling to increase revenue to historic levels, pay tuition, books and tools, or even basic awarding over $163,000 in scholarships necessities like groceries and rent, financial and education grants. stress continues to be the biggest barrier for students to achieve their dreams. Because of your commitment to education excellence and access, our students enjoy Last year 60 percent of all qualified students the state’s highest job placement rates as received scholarship support. While this is companies tap the exceptional skills of an increase over the previous year, our goal our graduates in high demand and is that every qualified student receives the ever-changing industry sectors. support they need. Even with these accomplishments, we Together we can achieve the “every student” still are not able to meet the goal and continue to see lives changed needs of RTC students or through career and technical education. the businesses who are eager to hire skilled Stan Kawamoto, President, RTC Foundation graduates. Many of our students are first- 2 generation college, 2 | 2017-2018 Annual Report working or single PRESIDENT’S MESSAGE RTC FOUNDATION FOUNDATION BOARD OF DIRECTORS 2017-2018 FINANCIALS Stan Kawamoto, President Karen Hansen, Vice President of Finance Reba Haas, Vice President of Membership Beginning Balances - Audrey Godwin, Secretary Beginning Balances-July 1, 2017 Beginning Balances - Beginning Balances - July 1, 2017 July 1, 2017 Brent Camann Unrestricted $ 176,327.24 July 1, 2017 Brenda Collons Temp Restricted $ 595,784.43 11% Fernando Del Valle Endowments $ 837,103.03 11% 52% 37% Daniel Hammes 52% 52% 37% 37% Chae Kim Total $ 1,609,214.70 Bonnie Nichols Unrestricted Temp Restricted Endowments Susan Palmer Unrestricted Temp Restricted Endowments Carol Simpson Unrestricted Temp Restricted Endowments John Sothern June Stacey-Clemons Warren Takata Jay Townsend Total Revenues Total Revenues Charles Wilmot Unrestricted $ 220,197.59 Temp Restricted $ 340,993.35 25% 29% STUDENT REPRESENTATIVES Endowments $ 190,210.95 Total $ 751,401.89 46% Margarita (Maggy) Esquivias Carl Harris Unrestricted Temp Restricted Endowments EX OFFICIO Tyler Page, Board of Trustees Liaison Total Expenses Total Expenses Dr. Kevin McCarthy, RTC President Eduardo Rodriguez, RTC Vice President of Unrestricted $ 176,415.16 19% Administration & Finance Temp Restricted $ 188,163.64 39% Carrie Shaw, Foundation Executive Director Endowments $ 82,759.51 42% Total $ 447,338.51 EMERITUS BOARD MEMBERS Unrestricted Temp Restricted Endowments Norma Cugini Denny Dochnahl Pat Newbury Dr. Robert C. Roberts Ending Balances-June 30, 2018 Ending Balances - June 30, 2018 FOUNDATION STAFF Unrestricted $ 220,109.67 Temp Restricted $ 782,122.59 11% Carrie Shaw, Foundation Executive Director Endowments $ 911,045.82 48% (425) 235-2415 41% [email protected] Total $ 1,913,278.08 Teresa Woods, Foundation Associate Unrestricted Temp Restricted Endowments (425) 235-7867 [email protected] WWW.RTC.EDU 2017-2018 Annual Report | 3 FOUNDATION SCHOLARS RECEIVE TOP HONORS FOUNDATION SCHOLARS ARE MORE LIKELY TO COMPLETE THEIR STUDIES, AND MANY RECIPIENTS EXCEL . YOUR SUPPORT MAKES A DIFFERENCE! arl Harris, a 2018 honors graduate and Foundation Scholarship recipient, was one of only 20 students in the country named to the All-USA C Academic Team for his outstanding academic achievement. The program is the most prestigious academic honor for students attending associate degree‐granting institutions and this is the second year in a row that a RTC student and Foundation scholar has been named to the All-USA Academic Team. After struggles of homelessness and challenges of returning to civilian life after his military service, Carl enrolled at RTC, where he found a welcoming, diverse, and supportive community. Carl served in many leadership roles as a student representative to the RTC Foundation Board of Directors, the Student Leadership Executive Committee, Associated Student Government, and president of the Surgical Technologist club. “If you want to change your life, you can do it here,” Carl says. “At RTC, you can do anything.” athryn Forman is known for her determination, which is rooted in her difficult childhood in Russia, where food and medicine to control her diabetes K were in short supply. Though she was highly educated, when she moved to America, her credentials didn’t transfer, and she found herself in an abusive relationship and low-wage jobs before she came to RTC. “I knew I had to continue my education, but I had nobody to support me financially or emotionally.” She achieved a 4.0 grade-point average, was awarded Foundation scholarships and was named to the All-Washington Academic Team. Kathryn is now enrolled in the Registered Nurse Program and works as a certified nursing assistant at an Issaquah hospital. 4 4 | 2017-2018 Annual Report WITHOUT THIS TRANSPORTATION SUPPORT, IT WOULD HAVE BEEN IMPOSSIBLE FOR ME TO COMMUTE BACK AND FORTH TO ATTEND SCHOOL.” – STACEY HALSTEAD EMERGENCY GRANTS REDUCE BARRIERS TO EDUCATION Sometimes a small expense like gas money can be the difference between a student staying in school or dropping out. The RTC Foundation steps in to help with emergency grants. Last year, the foundation provided 185 emergency grants totaling more than $33,000. “WITHOUT THIS TRANSPORTATION SUPPORT, IT WOULD HAVE When health issues and unexpected loss of housing BEEN IMPOSSIBLE FOR ME TO forced her to move farther from school, automotive student Stacey Halstead turned to the Foundation COMMUTE BACK AND FORTH and received a gas card. TO ATTEND SCHOOL.” – Stacey Halstead Dental Assistant student Jianhua He was about to start his internship, but he couldn’t afford to have his own dental work done. As a full-time student, Jianhua’s budget was tight. The Foundation provided an emergency grant so Jianhua could get the long-overdue care he needed at the community dental clinic on campus and start his internship with a great smile. IN MEMORY OF JAMES MEDZEGIAN 1940 - 2018 Former RTC Trustee and Foundation Board member James “Jim” Medzegian passed away April 22, 2018. He was known as a gifted leader who inspired others to give back to the Renton community and provided enthusiasm, grace, and endless energy. “Jim was born on February 14th and his middle name was Valentine,” said Bishop Kirby Unti of the Northwest Washington Synod of the Evangelical Lutheran Church in America, who served as Jim’s pastor and is a current RTC Trustee. “He loved Renton and RTC and put his heart into making it a community of caring.” WWW.RTC.EDU 2017-2018 Annual Report | 5 DOCHNAHLS HONORED FOR A LIFETIME AND-MORE OF GIVING FEW PEOPLE KNEW “ Bernie and Denny Dochnahl, 2018 Lifetime of Giving Award recipients. ABOUT THE GREAT WORK THE COLLEGE WAS DOING. WE SET For Bernadene “Bernie” and Denny person’s ability to love unconditionally, Dochnahl, their most celebrated title is that overcome obstacles and to achieve great OUT TO CHANGE THAT of Community Investors. things. That belief is the driving force AND TO RECOGNIZE behind their longtime commitment to Their involvement with Renton Technical RTC and student success. THE VALUE OF THE College began in 1993 with Denny as a COLLEGE AND WHAT founding member of the RTC Foundation “If you spend time around Bernie and A COMMUNITY ASSET board (now emeritus) along with the late Denny, it doesn’t take long to see that Norma Cugini and Pat Newbury. For the one of their greatest joys is to help IT IS.” Dochnahls, education, career training and others succeed in life and to reach their especially lifelong learning are central to highest potential,” said RTC President – DENNY DOCHNAHL success. They are big believers in every Kevin McCarthy. 2018 STUDENT SUCCESS BREAKFAST $100,000 MOST SUCCESSFUL IN FOUNDATION HISTORY! in donations to expand scholarships and emergency grants 300 30 Attendees Sponsors PRESENTING SPONSOR Jim DuBois former Microsoft CIO and computer science student Romel Daneo talk about the future of STEM with emcee Meeghan Black. 6 | 2017-2018 Annual Report EARLY CHILDHOOD ENDOWMENT NAMED FOR BARBARA CULLER “ Bernie and Denny Dochnahl, 2018 Lifetime of Giving Award recipients. Barbara Culler and her scholars Ngoc Nguyen and Mariana Ramos Admiration and affection run deep for retired faculty member In 2002, Barbara organized annual ECE conferences that Barbara Culler, and her imprint on the College after 27 years brought educators from around the state to RTC.
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