with you Every Step of the Way 2016 ANNUAL REPORT $3.5M From the President TOTAL I am pleased to report that your Alumni Association is stronger and more focused than ever! As a result, we have had a greater impact on the Academy experience SUPPORT for our cadets, supporting their academic, athletic and leadership needs — every step of the way — throughout the entire Academy. TO CGA In the following pages, you will read the stories of five cadets whose lives have IN 2016 been touched by your generosity. Their stories are reflective of the impact of your support on all aspects of cadet life. From providing access to the best coaches, equipment and off-campus competitions that unite our cadets as teams and leaders, to investments in educational programs that build confidence and hone the necessary skills of command — it’s clear in the stories and smiles within, that your Alumni Association continues to define the Long Blue Line. This year, we chose to convey our financial success through the voices of these young men and women, but from the Alumni Association board and staff, let me be the voice of gratitude. Because of the generosity of donors to the Alumni Association, in 2016 we surpassed all previous support to the Academy — providing more than $3.5 million in fulfillment of our mission and goals. Nearly 5,000 donors helped us reach this total, 38% of which were alumni donors. Additionally, 35% of the donations received were given in support to the CGA Today! Fund, our area of greatest need. 55% Campus As you will read, in 2016 we eclipsed $3 million in total gifts to the Academy. This Enhancements is only the second time we have reached this milestone, the first was in 2011 during the L44 campaign. The cadet awareness of the impact of alumni support is stronger than ever before and evident by the Class of 2017 achieving 100% class participation in giving to their Class Admin Fund. They are the first, but not likely the last, class to achieve this goal. As proud as we all are regarding these totals, there’s more. The All Present campaign 5% — our first comprehensive campaign to address the needs of the Corps, the Academy Cadet Experience and the Coast Guard — topped $20 million in direct gifts and pledges this past year. We are at nearly 70% of our goal with 27 classes and the Parents Association stepping up to commit their support. To reinforce the impact of the campaign and “The margin of excellence the other areas of Alumni Association support, we have provided a campus map which indicates Alumni Association strives programs, facilities and resources that donor to achieve is far from marginal support made (and continues to make) possible anymore. In a very real and - every step of the way. impactful way, giving through In the simplest and most accurate summation, the Alumni Association can in 2016 we asked you to be All Present, help the Academy serve as a 18% and you were. change agent for the cadets Leadership AND the Coast Guard, in good Thank you. budget times or bad. Besides, it can be a lot of fun!” Andrea M. Marcille ’89, President Douglas H. Teeson ’65, Board Chair Captain, U. S. Coast Guard, Retired RADM, U.S. Coast Guard, Retired PAGE 1 $3.5M Financials: Statement of Final Position TOTAL December 31, 2016 (with comparative totals from December 2015) SUPPORT ASSETS 2016 TOTAL 2015 TOTAL TO CGA Current Assets Cash & cash equivalents $ 659,897 $ 1,713,908 IN 2016 Pledges receivable, current portion 849,730 526,838 Accounts receivable 2,414 - Prepaid expenses 3,427 3,427 Total current assets 1,515,468 2,244,173 Property & equipment Buildings & improvements 4,770,841 4,711,702 Furniture & equipment 378,068 370,653 Less accumulated depreciation (1,665,393) (1,533,738) Net property & Equipment 3,483,516 3,548,617 Other Assets Pledges receivable, net of current portion 1,340,522 1,476,916 Other assets 72,324 58,105 Due from (to) other funds - - Investment in Atlas, LCC 10,000 10,000 Investments (non-endowment) 2,730,283 1,327,865 Fiduciary funds 167,243 - Endowment Cash & cash equivalents 431,369 9,725 Marketable securities 24,688,608 25,035,064 Total other assets 29,440,349 27,917,675 2% Legacy Total assets $ 34,439,333 $ 33,710,465 LIABILITIES & NET ASSETS Current liabilities Accounts payable $ 37,358 $ 31,477 Accrued expenses 98,952 154,857 Margin loan 355,013 - 11% Total current liabilities 491,323 186,334 Academic Enrichment Long-term liabilities Deferred lifetime membership dues 146,619 74,168 Fiduciary liability 167,243 - Annuities payable 115,254 120,397 Total liabilities 920,439 380,899 Commitments & contingencies Net assets Unrestricted Unrestricted 3,654,639 3,976,449 Board designated 2,014,576 987,095 Temporarily restricted 11,197,208 11,975,353 Permanently restricted 16,652,471 16,390,669 Total net assets 33,518,894 33,329,566 Total liabilities & net assets $ 34,439,333 $ 33,710,465 9% Athletic Enrichment For the complete 2016 audited financials see WWW.CGAALUMNI.ORG/FINANCIALS PAGE 2 “Whether it is athletics, or whatever goes on in Chase Hall, we see that the Alumni Association touches each of our lives every day and they make our lives better...” TOTAL 42 SU ,7 PP 7 O 4 R 3 T $ 1/C DEREK VICTORY OF WESTON, FL Athletic Enrichment AREA IMPACTED FUNDING SOURCE Non-Billeted Coaches’ Salaries Bear Club & other funds Varsity Teams and Travel Bear Club Fund, Individual Team Funds, Friends of Crew Endowment, Higgins Endowment, Getman Endowment, & other funds Charter Club Sports Individual Team Funds, Goodwin Endowment, Meade Endowment & Class of ’66 Club Sports Endowment Bear Club National Competition Award Bear Club Fund Cadet-Athlete Nutrition Study CGA Today! Fund Cadet-Athlete Recruitment Nitchman Endowment Hall of Fame Awards Dinner Zittel Hall of Fame Endowment Lower Field Beautification Jeannette Shields Endowment PAGE 3 STEP ON THE FIELD WITH DEREK VICTORY... Derek Victory was devastated on “There was definitely a parallel between December 21, 2012, when he learned playing quarterback and being in he was waitlisted at the Coast Guard charge of a hundred people over the Academy. summer and having to know where they all were every second of the day,” From the age of 5, when a family friend he said, “I’d probably rank that as a top told him stories of helicopter pilots five of my experience here.” ferrying rescue swimmers to people in peril, he had dreamed of serving his He is grateful for the contributions that country. Six months later, when he got the Alumni Association has made to the the call that he was accepted as a athletic program at the Academy. member of the Academy’s Class of 2017, just six weeks before Reporting-In Day, “I’d say I’ve learned 90 percent of being he was ecstatic. a leader from football,” he said. As quarterback, “you need to know where “It was the most wonderful phone call I everyone is going to be at every second ever received,” said Victory, a government of every play and if someone comes to major from Weston, Florida, who is the you with a question about what their Academy’s all-time leading passer on play is, you sure better have an answer the football field, having thrown for for them. And I think that is what a more than 6,000 yards as the Bears’ leader is — looking after your people and quarterback for four years. at the same time understanding what they do on a day-to day-basis.” Just like his entry into the Academy, Victory’s ascension to starting Victory is proud that members of TOTAL 42 SU quarterback as a fourth-class cadet the Class of 2017 are already ,7 PP 7 O was unexpected. supporting the Alumni Association. 4 R 3 T $ He wasn’t sure what position he would “Whether it is athletics, or whatever goes play when he arrived at the Academy, on in Chase Hall, we see that the but at his first practice during Swab Alumni Association touches each of our Summer, when he realized there wasn’t lives every day and they make our lives another quarterback, “I just picked up better, so it makes sense that everyone the ball and took over,” he said. in the Class of 2017 has become a member of the Alumni Association and At the start of the academic year, hopefully started a trend for classes Victory assumed he’d be the team’s in the future to follow in our footsteps FUNDS fourth-string quarterback. $134,087 and have 100 percent enrollment in the $84,683 “But a couple things happened and five Alumni Association,” he said. $95,457 weeks later, I ended up being the starting quarterback and it was probably $4,724 the best moment I’ve had here, $16,000 because football has made this place $4,443 $4,568 so much better,” he said. $3,780 Not that Victory hasn’t had a full and satisfying Academy experience above and beyond the football field. He was a company commander for the Class To view Derek’s interview & of 2020 this past summer, honing his learn more of his story visit... leadership skills to help mold future Coast Guard officers. WWW.CGAALUMNI.ORG/DEREK PAGE 4 IN STEP WITH PANASHE MUTOMBO... When 2/c Panashe Mutombo was a kid “You are constantly in a leadership he started singing in the shower environment and even if you and he’s still singing today, for the Coast don’t think you are, subconsciously Guard Academy Glee Club and Idlers.