Golden West College Foundation 2010 ANNUAL REPORT The Golden West College Foundation ...................................2 Message from Judy Elmore, Foundation Chair .................3 Message from Wes Bryan, GWC President ...........................4 Foundation’s 4th of July Float ......................................................5 GWC Foundation Board of Directors .................................. 6-7 Financial Statements .................................................................... 8-9 13th Annual GWC Gala ..........................................................10-11 STAR Book Program .........................................................................11 Foundation Auxiliaries ...................................................................12 Golden West College Patrons .............................................12 Hens and Chickens Quilt Auxiliary ...................................13 Non-cash donations - donor list .............................................13 Alumni Association..........................................................................13 McBeth Foundation ........................................................................14 Veterans Resource Center ...........................................................15 Gift giving opportunities ......................................................16-17 Courtyard of Honor donor wall ........................................18-21 Pillars of Support .......................................................................18 Alumni Pillars of Achievement .........................................19 Scholarships and Awards ......................................................22-24 Come say “Hi” to Foundation staff Laurie Camody, Margie Bunten and Susanne Orsini. The Foundation Office is located in the Administration Building on the east side of the President’s Courtyard. The Golden West College Foundation The Golden West College Foundation was organized in 1985 to solicit and manage gifts to benefit the college and its students. The Foundation is dedicated to supporting the College’s mission of providing comprehensive academic opportunities to the community for lifelong learning. A board of directors, who provides the leadership and direction for the organization’s operation, manages the Foundation. The Foundation has grown steadily since 1985 with assets over $4,600,000. This has been accomplished through donations of cash, bequests and grants from individuals and businesses. The Foundation has provided over $4,000,000 in scholarships to Golden West College students. In addition to cash assets, the Foundation annually receives donated equipment and supplies that represent thousands of dollars in non-monetary gifts. The primary focus of the Foundation Board of Directors is to work towards building support for college-wide needs. To nurture groups who have special interests in supporting Golden West College, the Foundation provides staff support and direction to two auxiliaries. Each auxiliary is managed by its own board and officers, requiring membership dues for operational expenses. 2 Report from the Foundation Chair Judy Elmore In May, the Golden West College Foundation awarded scholarships to over 200 students at the annual Scholarships and Awards Ceremony. Since 1986, the Foundation has awarded over $4,000,000 to deserving students. This has been extremely gratifying to the Foundation as the awarding of scholarships is a direct contributor to our primary goal of student success at Golden West College. On Saturday, March 13, 2010, the Foundation held its 13th annual Golden West College Gala. We are extremely pleased to have raised $86,000. This performance speaks volumes to the dedication and commitment of our Board Members and supporters. The proceeds have benefited Golden West College students and college programs. We particularly want to thank Elmore Toyota, Irvine Health Foundation, and Union Bank of California as major sponsors, as well as all of the underwriters who gave so generously to this event. I would like to extend my sincere thanks to the Gala Committee and the community at large for continuing to support this very important event. We look forward to continued success at our 14th Gala scheduled for March 19, 2011. In June, the Foundation initiated a new fund raising activity with the inaugural Texas Hold ‘Em Tournament. Congratulations to event chair Steve Olmsted for leading the Foundation to another successful event! Our 19th annual Courtyard of Honor Ceremony was celebrated last October. Three Golden West College Alumni were honored as “Alumni Pillar of Achievement” recipients. Since the inception of this awards program in 1991, 86 alumni have been honored. We had three Pillars of Support (+$25,000), including The Irvine Health Foundation Pillar, The Mike and Lois Miller Pillar, and The Southern California Edison Pillar. The donor wall was increased by 54 donor names, with eight in the Golden Society ($10,000+) category. As we look to 2011, we want to express our collective gratitude for the continued participation and leadership of the Foundation Board members whose commitment and participation is critical to the overall success of the Foundation’s mission. We also extend our sincere appreciation to the community at large, which continues to support the Foundation and the college with its generosity and esprit de corps. Without this dedication, our work would not be possible. The Foundation’s objectives for 2011 include increasing the Board’s role in fostering student success, expanding Board membership, and continuing a high level of participation from our members. We are also looking towards successful Texas Hold ‘Em and Gala fundraising events, while continuing to seek fresh ideas for new fund raising opportunities. This year continued to be a challenge from an investment perspective, but our asset allocation methodology has rewarded us with improvements in our overall financial position from 2009. In closing, I would like to personally thank the Foundation Board of Directors and those who have provided advice, counsel, professional guidance, financial support and personal time to the Board during this past year. It is not often that I have had the unique opportunity to work with such a dedicated group for such a worthy cause. I look forward to the upcoming year as we focus on our goal of enhancing student success at Golden West College. Judy Elmore, Chair Golden West College Foundation 3 Message from Golden West College President, Wes Bryan Closing out a decade and starting another provides us a chance to reflect a bit more deeply than merely turning the page on another year. When I reflect on the generosity of so many donors over these past 10 years, I am filled with gratitude for what you have done for our students – directly and indirectly. During the last ten years our college received some of the largest donations in our history. So, of course, we gave away more scholarships than we have ever given. Your giving helped students purchase textbooks, lab equipment and technology. Your donations helped our college fund the restoration of some summer classes when the state was cutting back. Your efforts helped some students transfer on time instead of waiting another year. You helped us put a diploma in their hands this year, on time. How I wish you could have shared with me the smiles and hugs your gifts made possible. As the headlines recap these past ten years, we are reminded of the many difficult challenges our young people face. College is no longer a given; too many well-qualified students are being crowded out. Those that do make it must balance difficult course work with the strain of multiple jobs, the weight of family troubles, transportation hassles and a future that can seem quite bleak. The other day while reviewing a routine state report, a shocking statistic jumped off the page at me – last year more than 7,747 GWC students were awarded state or federal aid because they needed financial assistance. Community Colleges have always been an important doorway out of poverty into employment and rehabilitation; however, this statistic underscores the level of our students’ needs, even in this affluent community. When I look through this annual report I am reminded once more that we are able to help these students succeed because of your generosity and concern for their welfare. I want to thank you for being an important partner in creating a more hopeful future. May this decade be one in which, together, we make the world a better place than we found it. Happy new decade. President, Golden West College 4 2010 4th of July Parade Golden West College and the Boys & Girls Clubs of Huntington Valley were partners again in the Huntington Beach 4th of July Parade. Riding in a horse drawn wagon from Golden West College were: Susan Wall, Classified Employee of the Year; David Salai, Associated Students President; Morgan Mymon, Homecoming Queen; Sumair Devani, Homecoming King; and Greg Wight, Design Instructor & Faculty Member of the Year. They were joined by outstanding club members from The Boys and Girls Clubs of Huntington Valley, who help staff make a difference to kids at the Club through their commitment “I was surprised by the to volunteerism and willingness to help. number of people at the parade and the great Following the wagon in the college’s 1971 outreach vehicle, the “G-DUB”, were Wes Bryan, GWC President, and Shirley Dettloff, Board President, Boys and Girls Clubs of Huntington Valley. response