The Valley College FOUNDATION 2010 ANNUAL REPORT Van Nuys Women’s Club to Donate $185K Note Revenue to be used to establish Nursing Endowment and Scholarships

The Van Nuys Women’s Club informed the Los Angeles Valley College Foundation that it intends to donate a property note with a value of $185,000 in July or August. The Van Nuys Women’s Club was established in 1912 and has been a charitable organization donating to various community programs. In fact, it has awarded many scholarships to Los Angeles Valley College Nursing students. Due to an aging and declining club membership, the Club officers elected to dissolve the organization and donate its remaining assets to a non-profit organization. One of its assets is a note on a property which was sold to a church. Many may remember the property as the former club house of the Van Nuys Women’s Club and it was formerly designated as a historic landmark. After some discussion amongst the officers, the Club selected the Los Angeles Valley College Founda- tion. “We have enjoyed our relationship with LAVC’s Nursing Department. The Foundation is a stable organization and we liked their proposal to take mortgage revenue and establish the Van Nuys VNWC President Ann Kruse with Women’s Club Endowment to award Nursing Scholarships,” said Club President Ann Kruse. Nursing Student Christine Bobitch

Valley Economic Alliance Honors LAVC Foundation at the biggest San Fernando Valley Event of the year!

On June 26, the Los Angeles Valley College Foundation was honored by the Valley Economic Alliance of the San Fernando Valley along with other foundations from Glendale Community College, Pierce College, L.A. Mission College, and Cal State Northridge. The foundations were recognized for their philanthropic work in the San Fernando Valley. Valley College President Sue Carleo and Foundation President Jason Schaff(with a star in the photo above) accepted the “Valley of the Star” award from the Economic Alliance. The Valley of the Stars Gala has long been one of the largest annual events in the San Fernando Valley. It has been hosted by the Economic Alliance of the San Fernando Valley and recognizes outstanding individuals and organizations who contribute to the well-being of the commu- nity.

A lso LAVC President Athletic Hall of Fame New Chancellor 2010 Commencement Inside: Annual Report Foundation President 2009/2010 Donors Foundation Board 2

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Pictures from this year’s graduation in June. 1) Keynote speaker and alumnus Dr. Paul Sabolic; 2) LAVC Chorale; 3) 88 year-old Alan Gold is this year’s oldest graduate; 4) LAVC President Dr. Sue Carleo; 5) LAVC Counselor Michael Gold Greetings from Dr. A. Susan Carleo, President of LAVC 3

Hardship builds character, or so they say. Valley College has endured another tough budget year but two bright lights shined through—our continuing bond-funded building program and our LAVC Founda- tion. As we revitalize the campus with new teaching and learning spaces, we are also creating oppor- tunities for naming facilities and outdoor spaces in honor of our donors. Our college Public Art Com- mittee is also in search of opportunities to combine bond funds with donations to enhance the garden- like environment that we are committed to maintaining as the signature look of Valley College. With our 60 th academic year behind us and with another year on a strict low-budget diet, we continue the struggle to serve more students with less. Now more than ever the LAVC Foundation makes a differ- ence to our students, our college, and our community. The 2010-11 year promises to be rewarding and productive thanks to our ongoing building projects and our renewed spirit of excellence, despite our lack of funds. Valley College, with the help and support of our Foundation, is here to make a lasting difference in our community.

A. Susan Carleo, Ph.D. President Dr. Daniel LaVista Named Chancellor of LACCD

Dr. Daniel LaVista, the Executive Director of the State Council of Higher Education for Virginia, has been selected to be the next Chancellor of the Los Angeles Community College District. The decision was made by the LACCD Board of Trustees after a nationwide search for a new leader for the nation’s largest community college district. He will assume his duties on August 1. “We are thrilled to have Dr. LaVista join us,” said Mona Field, President of the LACCD Board of Trus- tees. “He has superb qualifications, and will bring new energy and ideas to help us move forward in our goals for student success.” Dr. LaVista said he is “honored and privileged to have been selected.” Though the District faces sig- nificant challenges, he said he was drawn to the job by “the enthusiasm and interest in student suc- cess” that he witnessed among District officials during the rounds of interviews that led to his selec- tion. Dr. LaVista, 66, has served in his current role with the State Council of Higher Education for Virginia since August, 2004. In that position, he has provided day-to-day management of an agency that coor- dinates efforts among the 23 community colleges of the Virginia Community College System, along with the state’s 16 public and two-and four-year colleges and universities, as well as private and out- of-state institutions.

Athletic Hall of Fame’s Fourth Annual Induction On June 26, the Athletic Hall of Fame held its fourth annual in- duction banquet honoring eight individuals and two teams. 280 people were in attendance to pay homage to the inductees that contributed to the athletic program at LAVC. This years inductees included Olympic gymnast Larry Banner, Baseball standout Jim Benedict, Cross Country legend Jim Estes, Track & Field and Wrestling Coach Nick Giovinazzo, Basketball

great Jack Hirsch, Track leader Nikywa Prevost, Football standout Photo by Shari Kuchenbecker Paul Sabolic, the 1984 Men’s Gymnastics Team, and the 1988/89 Women’s Basketball Team. A number of celebrities were in attendance this year. Jack Hirsch brought some of his UCLA teammates that included , Ken Washington, and . The 1984 Men’s Gymnastics team included Mark Dacascos, who is an action movie actor, Dancing with the Stars participant, and the chairman of Iron Chef America! Proceeds from the induction banquet goes to the LAVC Athletic Endowment. Athletic Hall of Fame 2010 Induction Class 4 Looking Towards the Future

Dear Valley College Friends, Foundation has also taken advantage of social email. Our email data- base has expanded enabling us to communicate supporters instanta- I want to thank Elizabeth James, Alice neously! Lastly, each year the Athletic Hall of Fame grows, so does our Spilberg, and Karen Schneider. These reconnection with alumni. ladies have stepped down from our Board and we truly appreciate their time in sup- Shortly, we will initiate a donor bench program so that friends can sup- porting our students and college! At the port our Foundation endowment. We also look to invite you to the same time, I am very excited to have Paul grand opening of new buildings on campus including the Student Ser- Clay, Andrea Goldberg, Jessica Smith and vices Building and the Library Learning & Resource Center. David Tulanian join our Board of Directors. We also look forward to launching our new Legacy Society . There are a I welcome their enthusiasm and ideas! number of supporters who plan to leave part of their estate to our This year looks to be another promising one for the Foundation. Foundation. We feel this is an appropriate way to honor and recognize Your Foundation Board continues to work to build relationships those individuals now and it is very much deserved. with local businesses and companies to get them connected with Los Angeles Valley College. By doing so, some may join the Presi- As we begin a new year, I want to thank all of you who have continued dent’s Circle of Leadership Giving or establish scholarships to to support our Foundation. We continue to grow and serve Valley Col- support a student who may eventually come to work for that busi- lege and its students. We are grateful to all of you! ness or company. Other businesses may find out about LAVC’s Sincerely, Job Training Program and benefit from services it provides.

Last year, we had good activity with Valley College Alumni. Many have connected with LAVC through social network Facebook. Jason Schaff There are about 1,500 members and it continues to grow. The President of the Los Angeles Valley College Foundation

Foundation Annual Report Dear Friends, lapel pin. It seemed that our nation was turning that The Athletic Endowment campaign is a year and a half into its five- economic corner this past year, but not year $100,000 campaign. Under the direction of the Athletic Endow- quite. There remains a number of uncer- ment Advisory Board chaired by alumnus Phil Mundy, over $30,000 tain things. However, one thing that is cer- tain is the state of our Foundation. It con- has been raised and pledged so far to the endowment. tinues to be stable and balanced and I am The Athletic Hall of Fame, which is now in its sixth year, inducted the happy to report some of the highlights of 2010 class on June 26. Those inducted included Larry Banner, Jim the this past year as Los Angeles Valley Benedict, Jim Estes, Jack Hirsh, Nikywa Prevost, Paul Sabolic, the College celebrated its 60th Anniversary! 1984 Men’s Gymnastics Team, and the 1988/89 Women’s Basket- The Foundation’s investment portfolio, which includes its endow- ball team. ment, has increased five percent from its base at the beginning of In celebrating Valley College’s 60th Anniversary, the Foundation par- the fiscal year. Our Investment Finance Committee fine tuned our ticipated and hosted a number of events. In August, the Foundation portfolio late this year to make it more diversified. As a non-profit hosted Summer Movie Nights and welcomed back alumnus Sean organization, we continue to have a conservative portfolio. Our Astin. Valley College conducted the 60th Anniversary Banner cam- growth is due to steady revenue and the establishment of new paign with proceeds benefiting the Foundation. In December, the endowments. Foundation sponsored Authors & Artists Book Festival . Lastly, the Foundation hosted the opening night reception of Metal into Words , Prior to official audits and reports, Foundation assets reached $4 million for the first time! Revenue and support received this past an exhibit of vintage typewriters at the LAVC Historical Museum. fiscal year totaled $1.2 million. Notable large gifts received in- There are a number of people who play key roles in the Foundation’s cluded $500,000 from the Jewish Community Foundation to es- growth and success every year. Many thanks go to my Foundation tablish the Belle & Harry Krupnick Media Arts Endowment and Board of Directors for their continued commitment and service. $200,000 from Los Angeles Universal Preschool to support the Thanks also go out to the Athletic Hall of Fame Committee, the Ath- CAST program at Valley College. letic Endowment Advisory Board, the Arts Council, and the Scholar- ship Committees. Last but not least, thank you to the friends of the This past year, a total of $96,000 was awarded in scholarships to Valley College students. With significant donations from the Cali- Foundation. We appreciate your continued financial support! fornia Community Foundation and the Osher Endowed Trust, the Sincerely, Foundation is projecting approximately $145,000 in scholarships to be awarded for fiscal year 2011. The President’s Circle of Leadership Giving was launched this past year to raise unrestricted dollars. Twenty-six members joined Raul Castillo the President’s Circle in its inaugural year raising $50,000! Mem- Executive Director of the Los Angeles Valley College Foundation bers of the President’s Circle were treated to a luncheon in March Class of 1988 hosted by Valley College President Sue Carleo. Each member was recognized during the luncheon and received a commemorative 5 Contributing to the LAVC Foundation Foundation Assets

$ 4,500,000 Los Angeles Valley College friends contribute through the LAVC Foundation, a non-profit organization dedicated to supporting the students and campus of Los Angeles Valley College. It $ 4,000,000 welcomes outright gifts of cash, securities, and properties.

$ 3,500,000 The LAVC Foundation is a tax-exempt 501(c)3 organization, and all contributions are tax deductible to the extent allowed by law. $ 3,000,000

FOR MORE INFORMATION ABOUT $ 2,500,000 SUPPORTING THE LAVC FOUNDATION,

PLEASE CONTACT: $ 2,000,000

Raul Castillo, Executive Director

5800 Fulton Avenue $ 1,500,000 Valley Glen, CA 91401 Phone: (818) 947-2618 Fax: (818) 947-2621 $ 1,000,000 E-mail: [email protected]

Copies of the LAVC FOUNDATION financial statements are $ 500,000 available upon request.

$ - Visit the Foundation at www.lavcfoundation.org 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

* Data provided prior to official audit.

Endo wments Donations & Revenues

$ 2,000,000 $ 2,500,000

$ 1,800,000

$ 1,600,000 $ 2,000,000

$ 1,400,000

$ 1,200,000 $ 1,500,000

$ 1,000,000

$ 800,000 $ 1,000,000

$ 600,000

$ 400,000 $ 500,000

$ 200,000

$ - $ 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 6

$100,000 --- $500,000 John Conover Easy Education Services $100 --- $299 James Campbell Jewish Community Matthew Marsh Linda Feldman Katherine M. Feldman James E. Gillespie Foundation Munsell & Associates Eliseo Gauna Magi Metri James Taylor LA UP Mike's Roofing Synthia Saltoun Cheryl Reeves-Hayes Lee Hamer Metro Art Ginsburg Patty Melody Memorial Charities $50,000 --- $99,999 Karen Roy Colleen Ferguson Irene M Stone Mary Lyon California Community Joanne Waddell Farzeneh Kerendian Lisa Wendt Motion Picture Costumers Foundation P. Grossman A.P.L.C. Golden Star Tech Lawrence Jarmon Nancy Dubois A. Susan Carleo Irene Stone Diedra Stark Nickolas Crown $10,000 --- $49,999 Pratt & Whitney Julio Perez Sherri Rodriguez Teresa Sutcliffe Community Career Ella Fitzgerald Foundation Nancy Willett Allan Krescent Tom Jacobsmeyer Development Inc. Kaiser Permanente Randy Rosenbloom Anna Melikyan Claudette Belmonte L.A. Unified School District Michael Weinper Robert & Lynette Malone Beverly Nakamaejo Margaret Redmon Foundation for California Richard Berliner Architect San Fernando Betty Bjornsen Problem Solvers Community Colleges City National Bank Valley Business Journal Carmen Salazar Brian Hogan Joshua Miller Raul V. Castillo Sharon Udkoff Cynthia Jacobsmeyer Dorothy Scisorek United Way, Inc. Stan Archie Sheri Berger Deborah di Cesare Gloria R. Ryan Charleen Munro City of Burbank Shirley Kwak Eyvonne Kirk Kelly Marilee Morrison Phil Mundy Soo Tang Tan Ford Roosevelt Laura K. Guinn $5,000 --- $9,999 Laurie Nalepa Superior Super Warehouse Frank Epinger Leticia Carranza Pittenger Trust LA ATCN Van Nuys Women’s Club H. M. Berg Margaret Dixon Paul Sabolic Ed Sugar & Marion Heyn Jacqueline Cohn Nikywa Prevost 99¢ Only Stores Gary Honjio $300 --- $499 Jessica Mintz Shirley Smith Zella Eckels Richard Ferkel, MD Reinhard Aquino Jill Niles Life Touch Studios Marggraf Estate Rick & Sheila Brossman Johnston Washer, Inc John Breckell Huntington T. Block The Help Group Barbara Firestone Fernando Mancilla John Nazarian Ed G. Austin J.D. Diffenbaugh, Inc. CANNON Design Jeffery Beach Jon Nekovar Julie A. Saldivar Precision Dynamics David Tulanian Jim Fenwick Jonah Wilson Walnut Grove Corporation Ehrlich Architects La Vergne Rosow Julio E. Perez Delicatessen, Inc. URS Corporation George Weisenfeld Amadeo Quilici Karen Yelverton Magdalena Lopez Goosen Tutor Promotion Brett Nordyke Lacares D. Green Alex Loginov $3,000 --- $4,999 H. Fountaine David Cruz Lindsay M. Bashioum Joel Medina Los Angeles Joan Koplow Raul Gonzalez Louise Kroot Haukka Leslie Archie Conservation Corps Kenneth & Helen Worthen Valentino Scott Marlene Hirshfield Ron Mossler Crane Fund McCarthy Building Co. Valley Photo Service Mary Bauman Adrienne Zahler adcamp Inc. Michael Arshagouni Lawrence Nakamura Meredith J. Kurz Barbara Goldberg Los Angeles Jewish Rickey M. Gelb Annie Goldman-Reed Ralph Rosas Gary and Darlene Urwin Home for the Aging Robert & Anita Silverstein Christine Rumfola Robert A. Uhl Jasmin Castillo Warner Bros. Family Foundation Michael Giovinazzo Steve Sheldon Katherine Silver TTEE Industrial Metal Ronald & Sheila Troupe Cherine Trombley William Parente Lauren Okayama Supply Company Telesis Community Michael Vivian Yasmin Delahoussaye Myron Mann Associated Student Union Credit Union Northrop Grumman Campus Circle, Inc Richard Bratincevic Pearson Education Waxie Enterprises Robert Fielding Anne K. Battle Richard Raskoff Sandra Mayo Lynne Brower George Chernich Rose Haider Rafael Vega $500 --- $999 Smart Circle International Gregory B. Carpenter Roxana Zamora Robert Pritchard Don Gauthier Deborah Kaye James Fujii Sandra C. Tsingui Alloy Bernie Christian Ian Lewis Jim Benedict Steve Brener Bob & Betty Ballew Craig Ryan Richard Clement Karrie Tabilcy Terry Teplin Campus Media Group, Inc. Dwayne Melendez William Wallis Larry S. Banner Wendy DuFour Shirley Berg Roberto Gutierrez Robert Joseph Spina William Strickley $1,000 --- $2,999 Ned Rodriguez Art Brickman Richard Holdredge Ellie Rabani Elaine & Elgin Baylor Nora Ellis August P. Cirrito Sterling Medical Products Stephanie Linck AFT College Faculty Roselle M. Lewis Trust Haesun Pope Lorena Soriano Alice Martin Guild 1521 NBS World Wide, Inc. James Dilley Beverly Kirkpatrick David Valentino Beezley Management Jennifer Fong Jennifer Chakir Fresh Opportunities, Inc. Paul Cathers Stephen Mack McKay Cristina Leiva Phyllis Yasuda AFT College Staff Ted Calderone Yang Management David A. Snow Ross Lombard Guild 1521A Andrew Katz Elizabeth James El Proyecto Del Barrio Sara Bauer Carole Yee Ara Shabanian Bob Oberstein James Estes Desert Family Astute Apparel Inc. Roana Thornock Loretta Jacobsmeyer Medical Center Neal Teplin Dan Gunning Fred & Maggie Grimes Florentino Manzano 7

$100 --- $299 (con’t) FOUNDATION Andre Harrell Fashion Institute ENDOWMENTS Angelo Cimity of Design & Marketing Athletic Endowment Barbara A Nelson Georgia Mercer Lois Bergquist Memorial Brandy Alexander-Kern Georgie Erickson Marion Craig Memorial C. Kasemeier-Schneider Gladys Smith Carol Caldwell Memorial Carol Bentley Purser Helen & Sol Bialeck Stewart Marsh Memorial Carol J. Summers Jackson N. Henry Rose Engel Cathy Scoggins James Belden Founders’ Circle DISTRIBUTION OF FUNDS D. Schneider-Kasemeier James Mitchell Earleen DeVivo Memorial Douglas M. Michelson John Belden Herbert Hafif Memorial PROGRAMS & PROJECTS Gene Blumfield John S. Pattison George Hale Memorial English Department $513 George Anne Wright John W.L. Plumb Wm. Hawkinson Memorial Technology Fund $874 Gigi Galon-Eckels Jose Estrada LAVC Historical Museum Astronomy Department $1,757 Hugh Balise Joseph Nordmann Max L. Heyman Memorial Phi Theta Kappa $33,035 Mark Dacascos Katayoon Shafagh D.D.S Belle & Harry Choral Activities $16,000 Jack Hirsch Katherine Tejedo-May Krupnick Memorial CNSA $5,708 Joe Murton Kristy McNichol TTEE Library Endowment Valley Symphony $12,780 John Taylor Leon Fenwick Jamie Mintz Memorial Dance Program $12,490 Joseph Orozco Leslie Anne Hope Joseph B. Nordmann Speech Team $17,282 Kathleen Sullivan Librada Hernandez Richard K. Nystrom Commercial Music $1,413 M. R. Milnes Lumanario Ballet Memorial Keeping Pace (Journalism) $19,618 Maggie H. Hunt of Los Angeles Tom & Anna Co-Op Education Fund $3,661 Marilyn Wolfson Manson Design Pangonis Memorial Student Services $2,458 Marla O'Connell Maria Elizabeth Ortiz James Sargent Memorial Child Development $600 Michaellyn Rush Markus & Ilene Procida Ed Sugar & Marion Heyn Health Sciences Fund $541 Michelle Rocher Krul Mary Ann Fishburn Monte Toole Memorial Fitness & Wellness Fund $2,650 Milton Nelson Mildred Wissler W.P. Whitsett Foundation Women’s PE Fund $991 Moreen Caro Nancy Shiffrin National Notary PE Department Fund $1,154 Nancy Stuart Norma Sims Foundation VCAP Fund $5,346 Paul S. Power Paul Jacobsmeyer Title V ACCESSO Oceanography Fund $2,230 Rachel H. Block Presnida Sevilleja Oliver Waters Memorial Family Resource Center $3,825 Raul D. Vasquez R & S Lubow Tyree Wieder Continuing Ed $680 Robert Nelson Rhonda Eisner Radio & Broadcasting Fund $4,232 Sandra Lee Calleros Rick Leahy THE PRESIDENT’S Communications Fund $2,955 Wayne Quigley Robert Cathers CIRCLE MEMBERS TAP Program Fund $583 Brenda Feit Roger Baehne 99¢Only Stores Music Department Fund $1,623 Jamoceo Black Ronald King J.D. Diffenbaugh IDEAS Fund $10,488 Anthony International Samuel H. Mayo Precision Dynamics Job Training Fund $73,735 Michael A. Arata Skinology Skin Care The Help Group Professional Development $1,228 Neil Roberts Sophia Garcia URS Corp. FRC (CAST) $199,000 Elephant Bar Susan Pierce Beezley Management Other Restricted Projects/Funds $25,759 Adrianne Maltese Suzette Ervin Yang Management Arthur Cherdack Theodore A. Lynn Berliner Architects AUXILIARY ORGANIZATIONS Barbara J. Smith City National Bank The Arts Council $39,404 Barbara Schneider David Tulanian The Athletic Hall of Fame $24,446 Barbara's Book Club Ehrlich Architects The LAVC Historical Museum $11,106 Brenda Ingram-Cotton Elgin & Elaine Baylor Brick Durley Elizabeth James SCHOLARSHIPS & AWARDS Carl David Jacobs TTEE Restricted Scholarships $76,000 First Class Vending Christa L. Jacobsen Gelb Enterprises Foundation Scholarships $20,000 Cinderella Moore Kaiser Permanente Daniel R. Kiltinen Laurie Nalepa David Quinteros Michael Weinper David Sanchez Mike’s Roofing Deborah A. Lopez Bob Oberstein Dianne Wintrob Raul Castillo Dorothy Davenport Silverstein Family Fdn. E. Graham Cathers Ron & Sheila Troupe Earl B. Neal Sandra Mayo *Donations and Distribution results are Eli Sank from July 1, 2009 to June 30, 2010 Fiscal Year A. Susan Carleo Ellen Davis Waxie

Jason Schaff Robert Oberstein Sharon J. Udkoff President Vice President Treasurer Alumnus Alumna

Editor Senior Partner Certified Public San Fernando Valley Oberstein, Stock & Accountant Business Journal Friedenthal

Dr. Susan Carleo Art Ginsburg Raul V. Castillo Secretary President Executive Director Alumnus Los Angeles Alumnus Valley College Owner Ex-Officio Art’s Delicatessen Ex-Officio

Kathi Atkinson Elaine Baylor Paul Clay

Vice President Los Angeles President City National Bank Valley College Multimedia Sound Friend

Eliseo D.W. Gauna Andrea Goldberg, Colleen Ferguson Legal Counsel MD Alumna

Attorney at Law Manager of Internal Neuroscientist Communications Ex-Officio Kaiser Permanente Northrop Grumman

Mike Quiroga Jessica Smith David Tulanian Past President Alumnus

President Asst Vice President Los Angeles Mike’s Roofing Wells Fargo Bank City Library Services

Rafael Vega Michael I Weinper Kenneth Worthen Past President Past President President Alumnus Casa Vega Retired Restaurant President The Gas Company PTPN