REPORT

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1 ANNUAL REPORT

2 President s Message During the year, it was my privilege to serve as the President of South Central College Faribault Campus Foundation Board of Directors. As I have served on the board, the generosity of the community continues to amaze me as they give of their time, talents, equipment and monetary donations. During this past year, we were able to raise over $173,000 for scholarships to directly support our students on campus. In , as a non-traditional student, I was a recipient of a scholarship from SCC as I pursued my AAS degree in Accounting. Obtaining my degree at SCC is one of those life moments that I hold dear. I can attest that my education was first rate, and upon completion it opened new career doors for me. I can tell you first hand that receiving a scholarship made me feel connected to my community. I took great pride in knowing that a business from the local area saw a benefit to investing in me, as a student, to help me reach my career goal and my degree. I was working full time at a local financial institution, a mother of 5 children, carrying a full load of credits to finish in two years. The scholarship lightened my financial burden, for which I am forever grateful. Because of the support I received when I needed it, I am now giving back, as a volunteer and board member of the Foundation. I want to thank each of you, for your contributions to the fundraising activities, allowing the Foundation to fund so many, much-appreciated scholarships. I also want to thank Shelly as the director, and the Foundation Board members for their commitment to keeping the foundation strong to support students in the future. By investing in today s students, the future continues to look brighter. The Foundation could not exist without your generosity. Thank you! Sincerely, Carla T. Brady SCC Foundation Board President

3 Points of Pride The Foundation committed $106,200 in scholarships to Faribault campus students for Presidential Scholar Hamdi Abdi from Owatonna High School graduated in May with an Associate of Arts degree and Hunter Gare from Faribault High School was selected as the Presidential Scholar. Hunter will receive free tuition for two years to pursue an Associate of Arts degree. In FY16 the South Central College Faribault Campus Foundation provided a $6.36 return on investment for every $1.00 of public funds invested by South Central College. MRG Tool & Die employee gifts were matched by the company during the fifth annual Corporate Alumni Campaign. Their gifts with match have raised nearly $29,000 for Computer Integrated Machining student scholarships. The John Tobin Endowment was finalized and a scholarship fund was started in memory of Gordy Adamek. Endowed Funds Endowments can be established to support scholarships or general initiatives of the college and provide annual support using the interest earned. A gift of $10,000 is the minimum to set up an endowment. Gifts can be made all at once or over a three year period. Ann (Splinter) Anderson Alumni Endowment Bruce Sellner Memorial Endowment C & S Vending Endowment Carlander Family Endowment Disabled Veterans Honor Fund DAV District One Hospital Endowment Dr. Dick & Glenda Huston Endowment Faribault Eagles #1460 Endowment Faribault Hy-Vee Endowment Faribault Foundation, Inc. Endowment Farm Business Management Endowment Glen Norgaard Endowment Harry Brown Family Endowment Jasinski Family Endowment Jean & Paul Gillis Endowment Jim Munson Endowment John & Lucille Hoban Endowment John Tobin Endowment Karen Lee Johnson Memorial Endowment Ken & Pam Betsinger Endowment MRG Tool & Die Endowment Marathon Multimedia Endowment Marvin & Sara Schrader Endowment Mary B. McGillen Memorial Endowment Met-Con Companies Endowment Philip J. DuLac Memorial Endowment Rae Ormsby Nursing Endowment Raymond J. Freund Endowment Richard Sunsdahl Endowment Richie Family Endowment Roger & May Golden Endowment Tony Korba Memorial Endowment 3

4 Our Donors LEGACY CIRCLE (DONORS WHO HAVE INCLUDED THE SCC FOUNDATION IN THEIR ESTATE PLANS) Anonymous Dr. Dick Huston Kathy Jasnoch PRESIDENT S CIRCLE $10,000-24,999 Carlander Family Gene Haas Foundation VICE PRESIDENT S CIRCLE $5,000-9,999 Gray Family Educational Foundation Rick Ormsby Viril C. Layton Larry Luedke Sandra Thomas Jean & Paul Gillis Lee Foundation Xcel Energy DEAN S CIRCLE $1,000-4,999 1st United Bank AAUW-Faribault Branch Rosanne Adamek Allina Health Anonymous Cable Connection & Supply Company, Inc. Cinch Connectivity Solutions Consulate of Mexico in St. Paul IME-Becas Grant Crane Creek Asphalt E.F. Johnson Foundation Faribault Foods, Inc. Faribault Rotary Club Faribault Transportation/Minnesota Coaches Great Lakes Higher Education Corporation Emergency Grant Hannah Lips Foundation DIRECTOR S CIRCLE $ American Legion Auxiliary Anonymous David Armstrong Marian Bahl Ken & Pam Betsinger Carla & Byron Brady John & Jackie Carlander Carpentry Contractors Cedar Lake Electric Central Farm Service Dick & Lynn Cook Domaille Engineering Dave Edwards Dr. Ted & Jamie Erickson Faribault Daily News 4 Dr. Dick & Nancie Huston The Meade Foundation, Inc. Minnesota Precision Manufacturing Association (MPMA) Education Foundation MRG Tool & Die Northwestern Mutual Foundation Dr. Annette Parker Stephen & Ann Pribyl Reliance Bank Marvin & Sara Schrader Southern Minnesota Woodcraft State Bank of Faribault Sandra J. Thomas Audrey Tobin B. Susan Troxler & C. Scott Clendenin Varley Construction George Wickstrom, Jr. Fraternal Order of Eagles Faribault Aerie 1460 Peter Freund Roger & May Golden Jerry & Louise Groskreutz Bill & Jeanne Hankerson Hormel Foods Corporation Charitable Trust Jo Anne Jasinski Lions Club of Faribault Lonna Lysne Mercury Minnesota, Inc. Tom & Danny Merrill Becky Miller Minnesota Elks Association Charitable Trust

5 Our Donors DIRECTOR S CIRCLE $ (CONTINUED) Patrick & Sara Morris Bob & Julie Olson Premier Bank Shelly Rockman & Brian Kuehn John Smith South Central Builders Association SCHOLAR S CIRCLE $ Mark A. Adelmann AgStar Financial Services Cheryl Anderson Advanced Coil Technology American Family Insurance/Barton Jackson Agency Anonymous Bigfork Builders, Inc. Boldt Funeral Home Al & Jean Bronnenberg Dan Burns Matt Carlander Dakota & Rice County Corn & Soybean Growers Association & their checkoffs The DeMars Family Arlene Eliason Gary Feichtinger Dr. Cheryl & Benet Freund Tom & Linda Gagnon Ala Garlinska Derrick Gregor Tom & Liz Hartman Catherine Hollinger CIRCLE OF FRIENDS $1-$249 Helen Aase Joseph & Lori Adamek Kevin Adamek Allina Doers Program Alliance Benefit Group Clarence & Vivian Anderson James & Kymn Anderson Julie Anderson Anonymous (2) Mark Baas Annette Benson Dr. Richard & Phyllis Berge Margaret Brewer Richard & LaVonne Brick Nicholas Brown Dianne Brown Brushwork Signs Pawel Buda Gene & Barb Buhr Janet & Harry Chromy 5 Susan Steck Stonebridge Capital Advisors, LLC Susan M. Tarnowski US Bank Chad & Courtney Wolff Home Town Credit Union Island Tool & Die Donna & Larry Kaspersen Gary & Terri Kindseth Eric Kinsley Troy Marquardt Rick Miller Jennifer Ongie-Jindra Minnesota Manufacturers Group Self- Insurance Association Parker Kohl Funeral Home Dawn Pearson Willis & Maxine Schoeb Pamela Schweim Sertoma of Faribault Darci Stanford Steele-Waseca Cooperative Electric Scott Taylor John & Jeanne Ullian Gabe Vieths Mark Wehe Doug & Barb Wertish City & Lakes Disposal Pat Clarke Comprehensive Wealth Solutions Melvin Cram Beth Danberry Mike & Ann DeGrood JoAnne DeGrood Thomas Dillon Jayne Dinse Lois Donahue Cleary Carmen Dorr Barbara J. Drentlaw Troy & Tara Dunn Randy & Shannon Edel Barb Embacher Fanah s Family Faribault Area Chamber of Commerce Faribault Area Retired Educators Faribo Air Conditioning & Heating Floors by Farmer

6 Our Donors CIRCLE OF FRIENDS $1-$249 (CONTINUED) Ron & Sara Fitch Floor to Ceiling Mary Freeburg Carol Freed Dorothy Gallagher Martin & Randy Gardner Theone Gilbertson Charles Goettlicher Dave & Myrna Green Steve Greene Gerald & Anita Grommesh Jean Guerber Patricia Gustafson Halo Branded Solutions/Scott Markman Dale & Mary Hamilton Nicole Hamilton Dave & Jill Hammitt Ron & Jeanette Hammond Laura Hardy Peter Heldt Ruth & Dwight Hildebrandt Gregory Hintz Mary & Alvin Ho Gus & Helen Hoffmann Lawrence & Miranda Hopkins Johnna Horton Humphrey Manlift Anne & Doug Johnson Richard & Trudy Johnson John & Kathy Kastner Dr. Mitzi Kennedy Sarah & Kyle Klawiter Al Kluever Farryl & Pat Kluis Brian Knutson Kristen Koch Francis Krenske Larry & Shirley Krohn Valerie Kruse Cory & DeAnn LaCanne Lisa Lamor Dick & Mary Ann Langeslag James & Marian Langeslag Pat & Telly Langevin Viril & Mary Layton Jason Leet Dave & Christi LeMieux Linda Lenz Donald Litzau Kris Lovstad Tim & Wendie Madigan Gloria Maldonado Todd & Lori Jo Markman Tracy McAdam Allen & Allyn McColley Nalani McCutcheon & Kathy Sandberg John & Pam McGillen Kate McGillen Shelly Megaw Patrick & Darlene Meillier Lisa Melchior Suzy Meneguzzo Terry & Anna Meschke Family Steve Mills Minnesota Mattress Factory Moose Lodge #2098 Candence Mortenson-Klimpel Jim & Sharon Munson Peter Neigebauer Chris Nelson Kelly Nelson Amber Ness Glen & Shirley Norgaard Odette Welding Resources Mark Paddock Jim & Patsy Pagel Hannah Palmquist Brent & Brianne Peroutka Gloria Pettipiece Gerald & Alathea Pineur 6

7 Our Donors CIRCLE OF FRIENDS $1-$249 (CONTINUED) Sarah Plath Norma Schultz Lavaun Postier Ken & Kathy Sevcik Elizabeth Prange Judith Shultz Scott Rahe Andrea Sietsema Garrett & Amanda Regan Laura & Harlan Smid John Reinhard Carroll Springmeyer Charles & Denise Reuvers Linda Stowe Pat Rice Elaine Sunsdahl Rice County Abstract Kenneth & Wendy Susen Lisa Rieke Audrey Swanson Jason Robinson Robert & Julie Teske LeRoy & Shirley Rockman Herbert & Janice Thielbar Steve Roell & Aleen Waters Timber Lodge Steakhouse Trisha Rosenfeld Bob & Kay Trench Royal Ross Kenneth & Arlene Tuma Rick & Shari Sanders Mike Tupa William & Cindy Sauber Chuck & Pat Umbreit Brad & LuAnn Schloesser Marilyn Weber Deann Schloesser Lucinda Wells Raymond Schmidt Kelcey Woods-Nord Jeanne Schoenbauer Doug & Nancy Zahn Shawn Schroeder Judy Zeiger Jeff & Kathryn Schultz Richard Ziskovsky Memorials & Other Gifts MEMORIALS In Memory of Gordy Adamek/ Given by: Joseph & Lori Adamek Kevin Adamek Rosanne Adamek Joyce Adams & Tonya Forbrook Alliance Benefit Group Allina Health James & Kymn Anderson Richard & LaVonne Brick Dianne Brown Nicholas Brown Brushwork Signs JoAnne DeGrood Mike & Ann DeGrood Randy & Shannon Edel Faribault Area Chamber of Commerce Dorothy Gallagher Martin & Randy Gardner Dave & Jill Hammitt Gregory Hintz Lawrence & Miranda Hopkins Richard & Trudy Johnson 7 John & Kathy Kastner Sarah & Kyle Klawiter Larry & Shirley Krohn Seth & Jo Elyn Krohn Valerie Kruse Cory & DeAnn LaCanne James & Marian Langeslag Dave & Christi LeMieux Allen & Allyn McColley The Meade Foundation, Inc. Patrick & Darlene Meillier Minnesota Manufacturers Group Self-Insurance Association Gerald & Alathea Pineur Stephen & Ann Pribyl Charles & Denise Reuvers Shelly Rockman Steve Roell & Aleen Waters William & Cindy Sauber Laura & Harlan Smid State Bank of Faribault Kenneth & Wendy Susen Audrey Swanson Robert & Julie Teske

8 Memorials & Other Gifts MEMORIALS (CONTINUED) In Memory of Gordy Adamek/ Given by (Cont.): Herbert & Janice Thielbar B. Susan Troxler & C. Scott Clendenin Kenneth & Arlene Tuma Mike Tupa In Memory of/given by: Lisa Budahl/Shelly Rockman Rae Ormsby/Lavaun Postier Len Painter/Shelly Rockman DuWayne Prange/Cheryl Anderson DuWayne Prange/Shelly Rockman Marilyn Walker/Shelly Rockman BEQUESTS BEQUESTS ARE GIFTS RECEIVED BY THE FOUNDATION FROM A WILL OR ESTATE PLAN. BEQUESTS HAVE BEEN RECEIVED FROM THE FOLLOWING: Gertrude A. Beaupre Mervin Pete Beaupre MATCHING GIFTS Carla & Byron P. Brady matched by US Bank Jerry & Louise Groskreutz matched by Hormel Foods Corporation Charitable Trust Glenda Taylor Huston Clarence R. & Mildred A. Skaar Trisha Rosenfeld matched by Xcel Energy George Wickstrom, Jr. matched by Northwestern Mutual Foundation SCHOLARSHIP CEREMONY SPONSORS 1st United Bank Allina Health/Allina Health Clinic- Faribault & District One Hospital Faribault Foods/LaCosteña/Arizona Canning Company MRG Tool & Die State Bank of Faribault Steele Waseca Cooperative Electric US Bank Financial Information Unaudited Assets Cash and cash equivalents $361,126 Pledges receivable $1,976 Investments $2,062,606 TOTAL ASSETS $2,425,708 Liabilities Future s $106,200 Net Assets Unrestricted $1,372,194 Temporarily restricted $321,292 Permanently restricted $626,022 $2,319,508 TOTAL LIABILITIES AND NET ASSETS $2,425,708 8

9 In-Kind Contributions TO THE FOUNDATION 1st United Bank Ahlman s Cheryl Anderson Arna Farmer Catering & Cakes Bates Biplanes Bernie s Grill Bluebird Cakery Carla & Byron Brady Brushwork Signs BSB Expressions Carla s Candies Chappuis Jewelry The Cheese Cave The Coffee Shop & Chocolate Haven Community Co-op Oil Community Coop/Mobil Crack of Dawn Bakery Creative Glass Concepts/The Scherfenbergs Cybex International DeCoux Automotive Inc. Jason & Maggie DeMars The Depot Bar & Grill El Tequila Family Restaurant Faribault El Tequila Family Restaurant Northfield Elliegail s Bakery & Deli F-Town Brewery Julie M. Fakler Family of Vi O Brien Fareway Stores, Inc. Faribault Daily News Faribault Tire & Auto Faribault Transportation Faribault Woolen Mill Co. Farmer Seed & Nursery Fashions on Central Finally A Gift Store Fit for Life by Sheila Rolling Fitness in Motion Gary L. Voegele, Attorney at Law Gran Plaza Mexican Grill Faribault Gran Plaza Mexican Grill Northfield GrandStay Residential Suites Hair Tech/Brenda Morris Hoffman, Hamer & Associates, PLLC Holmquist Pottery Dr. Dick & Nancie Huston Hutchinson House Bed & Breakfast IN-KIND CONTRIBUTIONS TO SOUTH CENTRAL COLLEGE Chadderdon Lumber Chart Industries Hennen Equipment Lamperts Lumber Hy-Vee Caribou Coffee Insty-Prints Joe s Sports Café John s Bait & Tackle Judd, Ostermann & Demro KOWZ FM Lacey s Catering Larson s Printing Main Street Project McDonald s Medford Senior Care/Whistle Stop Cafe Alejandro & Natalia Mendoza Jose & Merry Mendoza Met-Con Companies Mortenson Fire & Safety Paradise Center for the Arts Paul Swenson Photography Permanent Cosmetics by Annette The Picking Pair/Laurie Kodet & Tom Rent Plaza Morena Campestre Grill R.C. Bliss Ford, Inc. Richie Eye Clinic LeRoy & Shirley Rockman Renee Rockman Shelly Rockman & Brian Kuehn SCC Bookstore SCC Carpentry Students SCC Center for Business & Industry Signature Bar & Grill Southern Heights Dental Group Star Trophy & Apparel State Bank of Faribault Steven Schmidt Construction Studio 14 Salon & Spa Sunset Salon/Maria Gannon & Susan Rost Nicole Tacheny Town Square Media/KDHL & Power 96 Trystar Urban Finds & Bistro Linda Van Lear Wal-Mart The Warehouse A Chris Whillock/Whillock Woodcarving Ivan Whillock Woodland Art & Framing Studio Xcel Energy Lee Foundation Met-Con Lumber Mississippi Welders Supply Wenger Corporation 9

10 Named s 1st United Bank s AAUW s Allina Health s American Legion Auxiliary Ann (Splinter) Anderson Alumni Endowment Byron & Carla Brady/US Bank C & S Vending Endowment Carlander Family Endowment s Carpentry Contractors Company Cinch Connectivity Solutions s Clarence R. & Mildred A. Skaar Memorial s Crane Creek Asphalt s Determined Student Disabled Veterans Honor Fund DAV Endowment District One Hospital Endowment Dr. Dick & Glenda Huston Endowment s E.F. Johnson Foundation Faribault Eagles #1460 Endowment Faribault Foods, Inc. Faribault Hy-Vee Endowment Faribault Rotary Club Faribault Foundation, Inc. Endowment Faribault High School Alumni & Friends Faribault Transportation/Minnesota Coaches Gene Haas Foundation s Gertrude A. Beaupre Memorial s Glen Norgaard Endowment Gordy Adamek Memorial Gray Family Educational Foundation s Hannah Lips Foundation s Harry Brown Family Endowment IME-Becas s Jasinski Family Endowment Jean & Paul Gillis Endowment Jim Munson Endowment Joseph Thomas Markman Memorial Karen Lee Johnson Memorial Endowment Ken & Pam Betsinger Endowment Leona J. Pribyl Lions Club of Faribault s Marvin & Sara Schrader Endowment s Mary McGillen Memorial Endowment Met-Con Companies Endowment Minnesota Precision Manufacturing Association (MPMA) Educational Foundation s MRG Tool & Die Endowment Philip J. DuLac Memorial Endowment Raymond J. Freund Endowment Rae Ormsby Nursing Endowment s Reliance Bank Richard Sunsdahl Endowment Richie Family Endowment Roger & May Golden Endowment Sandra J. Thomas Nursing SCC Faculty & Staff SCC Faribault Campus Foundation Presidential SCC Nursing s South Central Builders Association Southern Minnesota Woodcraft State Bank of Faribault s Wesley Bahl Memorial Xcel Energy s 10

11 Mission Statement The South Central College Faribault Campus Foundation actively supports higher education and training programs of SCC by: Maintaining and growing a sound investment and endowment program Generating funds for scholarships and program support Promoting awareness of and advocating for SCC Faribault campus programs Vision Statement South Central College Faribault Campus Foundation will be a valued source of financial support for student aid and program enhancement by: Expanding the donor base and fund-raising strategies Increasing net assets and endowment funds Increasing the number and amount of student scholarships Establishing a sufficient staff to support Foundation goals Guiding Principles The South Central College Faribault Campus Foundation s actions will be guided by the following principles: Preserving and protecting funds committed to the Foundation Operating a fair and objective process for granting scholarships and program requests Respecting donor expectations and requirements Acknowledging donor contributions Aligning Foundation mission and vision with those of South Central College Adopted December 14,

12 South Central College Faribault Campus Foundation Board of Directors Carla Brady*, President Richard Cook, Vice President Douglas Zahn, Secretary/Treasurer Dr. Cheryl Freund, At-Large Officer Dr. Dick Huston, At-Large Officer Carmen Dorr Jamie Erickson John Fossum Mike Gramse* Jerry Groskreutz Barton Jackson Donna Kaspersen Rick Miller Jason Robinson* Trisha Rosenfeld Dr. Richard Berge (Honorary) *South Central College Alumni Shelly Rockman Executive Director (507) Third Street SW Faribault, MN 55021

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