GALVESTON COLLEGE FOUNDATION - GC

[Pages:28]GALVESTON COLLEGE FOUNDATION

2 019 A N N U A L R E P O R T

TABLE OF CONTENTS

MEMSSAeGssEaFgROe Mfrom

Message from GCF Chair................. 1

Jeri Kinnear, Chair

Galveston College Foundation

History, Vision, Goals........................ 2 Message from Regent Chair............. 3

To most, theMooLdaystFoMuanyd,atthioenF'soulenaddatgioifnts approSvtueddeantpReermsidaennecnet si.nMcreoansiees were cost of highertotalionfg$$560M0.0o0vpeer rthUeAlassttufoduernt forinevdeusctaetdio, nmaal neaxgpeendsaesn.dWreeleased education toyearsarsetimhauplaptyedtosusapypothrat tfroUmA-Plus fuwnidthinegawrnaisngesxtiennJduende t2o0U19A secure anindivsidtuudaelsn,tas repaubrsuusiinngessaes Bachelofrromof GACpFptloiedtheSCcioelnlecgee.inThe educated Americanand cHoerapltohrcaatereeMntaitnieasgteoment at GalvreessitdoennCcoelsl,eguendbeergcinonninstgruicntion,

Message from President.................... 3

workforce is prohibit-strengfatlhle2n01th9e. community's vow will be completed and occupied

TDRAFT tive without public andto make higher education a

in 2020.

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GCF Scholarships........................h.a..l.f.o11f its campaigntogtohaisl ochf a$6lleMn.ge by creating

Last May, the Foundation approved opportunities we offer, if it were

Galveston College Foundation's a permanOeunrtsiuncccreesassies omfe$a5su0r0e.d0b0y the sntoutdfeonrtysoseur,voeudr, dgroandourastaedn,d

Moody FoundationU'nsivleeardsagl iAftcscteostsaClinogm$m6uMnitoyver the plaesrtUA sttruadnesnfet rfroerde,dauncdateiomnpalloyed. Oursusptupdoertnetrss.wYoouuldmandote hhaigvheer

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Foundation

Donor

Report............Ts.co.h..do1ala8tres,,mgroardeutahtainnwtag1ixtf8hirn0iong0mGdloGiacsCtalrvliecwhtsi.itgtohhnsaCcnhooallsoeslgogceri'aasdteu'astedsegarreeMbeU,eaAganinangineIgmneintnhtfeaasletl 2Gp0aa1gl9vee.ss,toennjCoyolrleeagdeing

In these pages, enjoy reading the tshtuedsetnutdseunctcesussccsetossriesstothriaetsyou

program certificatIne,20o1r9t,rUanAsfbeer ctaomea fuflolyur year senThioerAbe tahnadt yAonunhieelSpeeidbebrl ing about. helped bring about.

unnoisvteurdsietyn.tOduerbtg.oaeElndisdutcooawhtieoedlnpaaalntEdtaxtiphneegnNrsaedosunFa-uTtuinoidtnio(wUniAth

littlFeotuondation awarded $2 million to the College in multi-year

Plus) reached more than half of installments beginning in July

its campaign goal of $6M.

2013 to build the Abe and Annie

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2019 Board of Directors

Jeri Kinnear, Chair Donna Lang, Ed.D., Vice Chair Keith McFatridge, J.D., Treasurer

Frank Benavidez Armin Cantini Terry Frank Paulie Gaido Carol Hodges

Hetta T. Kempner Robert L. K. Lynch

Betty Massey Lauren Suderman Millo

Victor Pierson Fred Raschke, J.D. Victor Sierpina, M.D.

Ex-Officio Members Karen Flowers, Chair Galveston College

Board of Regents

W. Myles Shelton, Ed.D., President

Van Patterson, Ed.D., Vice President

for Administration and Student Services

Maria S. Tripovich, Director Development and

Galveston College Foundation

BRIEF HISTORY

Founded in 1996, Galveston College Foundation is a 501(c) 3 non-profit organization that receives gifts, grants, donations, and scholarships for the benefit of Galveston College and its students. Since its founding, it has helped more than 1,800 students attain their dream of attending college.

Galveston College Foundation holds assets of over $15,300,000 largely restricted in areas of the performance-based Universal Access Community Endowment Scholarship (UA) and Non-Tuition Educational Expenses Fund (aka UA Plus) campaign.

The Foundation also manages other named scholarships, special project funds, and a Title V Endowment.

PURPOSE

The Galveston College Foundation is an independent 501 (c) 3 established to support Galveston College through fund-raising. Our mission is to support Galveston high school graduates through an earned scholarship program to obtain their first two years of college debt-free regardless of ability to pay.

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VISION

The Galveston College Foundation is an organization that actively encourages the community to invest, through it, the funds and other assets and energies needed for Galveston College and its students.

With this effort the Foundation helps the College to operate at a level far above that which can be achieved using only state and federal funding.

MISSION STATEMENT

The Galveston College Foundation exists to support and enhance the ability of Galveston College to accomplish its mission of improving people's lives through lifelong learning.

GOALS

Galveston College Foundation seeks: 1. All necessary resources for qualified

students to receive scholarship assistance at Galveston College. 2. Strong project partnerships with the College and the community for higher education opportunities. 3. Maintenance of integrated, and fiscally sound management systems. 4. Rigorous public accounting and accountability in management and fiduciary practices.

Message fromMESSAGE FROM Karen Flowers, Chair

Message from MESSAGE FROM W. Myles Shelton, E.D., President

Galveston College Board

Galveston College

of Regents

I It is myt isgrmeaytgrperaivtiplergiveiletgoe etoxteexntdendmmy y warmest warmestgragtritautditeudfoer yfoourr pyaorutrin opparetnining doors openingadnodocrshaanngdincghalinvgeisnagtltihveesCaotlltehgee through College tthherowuogrhk othf eGawloverkstoonf CGoalllveegsetoFnoundation

nneetthhiinnggII kknnoowwffoorr ssuurree iiss that giving back feels good.

College iFno2u0n1d8a-ti2o0n19in. 2D0u1r8in-2g0t1h9e. laDsut rtwineglvteheand a half last tweylveearasn,dI haahvaelfseyenarfsir,sIt-hhaavnedsheoewn ftihrisst-community supports and surrounds its College

tAhantdgIivwinogubladckvefenetulsregotooda. dd, it's good for you.

hand howwiththbisotchohmemarutnaitnydsiunpvepsotrmtsenatn. dIt msuarkroeusnGdas livtessCtoonllesugechwaitrhemboatrhkahbelaerpt laancde and is a investmbeingt.pIat rmt oafkweshGatablvreosutgonhtsmucehhaerree.markable place---and is a big part of what

OGiving backA,nwdhI ewtohuelrdovfeonntuer'es ttiomaed,dt,ailte'sngt,ooodr tfroeraysouure. , is a powerful, feel-good

experience. At Galveston College Foundation, the directors have seen it over and

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brought me here.

My goal as president is to reinforce what makes this college special while also looking

My goafloar snepwrecshidaennctesistotorersepionnfodrctoe thwehanteemdaskoefsthtehiGs uclof lCleogaestspreegciioaln.wThhailet mailgsoht involve looking efxopr annedwingchoanlcinees ctolasrseessp,oinntdegtorattihneg newedpsrofgrtahme sG, ualnfdCfoinadstinrgegnieown.wTahyast to reach might inpvootlevnetieaxlpsatunddeingts.oTnhleinveocilcaesseosf,oinutresgtarakteinhgolndeewrs,plirkoegryaomus,,aarendesfisnednitniagl ntoewthis process

Gboivlsintegrsbtahcekccoamtmapuunlittsytarat nlasrfgoer.mation. The 2019 GCF Annual Report shows how ways toanredaIcwh eplcootemnetiaylousrtupdaerntntse.rsThhipe. voices of our stakeholders, like you, are

yGoivuirnag cbtascokfckaitnadpnueltssstaranndsfgoremneatrioosni.tyThaere20th1e9 eGnCgFinAennoufatlhReeCpoorltlesgheo'ws ssuhcocwesysouarnd essentiaTlhtios athninsuparol rceepssoratnidncIluwdeelcsosmtuedeyontusrupcacretnssesrstohriipe.s made possible by your gifts. There thacattsooffokuinrdsntuedssenantsd--gferonmerosscihtyolaarreshthipe,etongpinreogorfatmhe, tCoofllaecgieli'tsiessueccxepsas nasniodnt.hWat eofare This annaurealserevepnorsttoinricelsuadebsousttustduednetntssuocncersusggsteodrieasndmiamdperepsosisvseibjloeurbnyeyyso.uArmgoifntsg. them is

mouorstsgturadetenftusl--tofreovmersycohonlearwshhiop,atdodpsrotogrtahme ,lifteo ofafcoiluitriecsoemxmpaunnsiitoync. oWlleegaere. most There araefusetuvreennsutrosirniegs pabroofuetsssitoundaeln, tas monaturureggsetuddaenndt aimchpierevsinsigvehejorugronaelytso. Abmecoonmge a civil

Wgrhateethfuelrtoyoeuvecroyonntreibwuhteo taoddasstcohtohlearlisfheipoftohuart cmoamkmesunititpyocsoslilbeglee.for students toWpheetrhsiesrt ayonud ecoanrntritbhuetier dteogaresecshoolrahrsehlipp GthaaltvemstaoknesCiot llpeogsesibplaertfnoer rswtuidthenthtes to

them isenagfinuetuerre, twnuorsyiongungpmroefneswsiiothnathl,eiar smigahttus roen s2t1usdtecnetntaucrhyieevnitnregphreenreguoriaall ctoareers, a becomeSTaEMcivsiclhoelnagrinperepr,artiwngo toyobuencgommeeanlowgisthticatlhceivril sdieghsitgsn oengi2n1eset r,caentdufriynally,a entreprennaetiuveriaGl caalvreestrosn, iaaSnTwEMhoslcohnoglasrtoprbeepaarilnicgentosebdecUonmitedaSlotagtiestsicCaol acisvtilGdueasirgdnPort Tug

Hpoerussistot na-nGd aelavrensttohenirFodoegdreBeasnokrshtoelpprGoavlivdeestaonnCuotrlilteioguesplyarsttnoecrkwedithfotohed Hpoaunsttroyno-r engineeCr,aapntdaifnin. aHllye,palannastitvoegGraldvueasttoenfriaonm-aGBCO,I-a(Btteonrnd oTnAMthUe -IGslaanlvde)swtohnoalondngtsratvoel the

oGfafelvretsotomneFnotoordstBuadneknststoabporouvtihdoewa tonuptritoioriutiszlye tshtoecirkestdudfoieosd--pyaonutrhyelopr tohfefmer dtoefy be a licwenosreldd. United States Coast Guard Port Tug Captain--from GC to TAMU-

thmeenotdodr staunddenstuscacbeoeudt.how to prioritize their studies--you help them defy the odds Galveston and around the world.

and succeed.

All of these students cite one common denominator that not only opened doors for them

In turn, Galveston College students learn that giving back and serving our

All of thbeuset csatumdeenwtisthciitmepolinceit econmcomuorangdeemneonmt:inthaetiorrFothuantdnaotitoonnslcyhooplaernsehdipd. oors for

cInomtmurunn,ityGaislveemstobnedCdoeldlegine itstDudNeAnt.s learn that giving back and serving our

community is embedded in its DNA. That's a legacy that's good for everyone, now

Tahnadt'aslwaaleysg.acy that's good for everyone.

them buEtaccahmoef wthiethseimjopulricnietyesn,caonudrahguenmderendt:stohfeoirthFeorusnodvaetirotnhescyheoalarsr,shwipe.re assisted by careful Ecaarcehfuolfmmshtahaonenwasaesggewejmomhueaerntnntget ooyosfef--stthhiaenentaoadssgssheeuuttisdns oidonrffgetthdthheseisFoFopfouruoonntddhdaueactrittosiiovnoenbvFbeyoyruthttnhehdeeBaBotyiooeaaanrdrrdaso-nwofdfeDDtrhierieerecalcitsvotseorisssrt.ste.ThdhTaihtsbiaysrreeptoorutched.

report shows what goes into guiding this productive Foundation and the lives that

are touched.

KKaarreenn FFlloowweerrss

W. Myles Shelton, E.D.

W.3Myles Shelton, E.D.

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