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LSC FOUNDATION:
CHANGING LIVES THROUGH EDUCATION
            LSC-CyFair ALL Presentation – March 29, 2012
WHAT IS THE LATEST LSCS NEWS…

• 76,000 credit students and 14,000 in corporate and
  continuing education
• $1.1 billion annually in economic impact
• Gates Grant for Completion by Design
• Single Parent Scholarships - $1.5 million
• Student Success Initiatives including Best Start
 Set a Goal
 Make a Plan
 Get Connected
 Get Involved
WHAT IS LSC FOUNDATION?

• Independent of the system but for the benefit of the
  students, faculty and programs
• Salaries and offices paid for by LSCS
• 501c3 Type 1 Organization
• Governed by an independent 25-member community
  board with three system representatives – Chairman of
  Board of Trustees, Chancellor, and Designated
  Administrative Officer – VC External Affairs
• All funds managed separately from LSCS funds
• Aldine Scholarship Foundation relationship
VISION STATEMENT
The Lone Star College Foundation is nationally recognized for its
  unique and innovative public and private partnerships which
         generate financial resources to change lives.
VALUE STATEMENTS
The following values describe the Lone Star College Foundation culture and our desire to
                 CREATE opportunity for students, faculty, and our donors:

•   Creativity. We are dynamic friend and fund raisers. We are innovative investors. We
    see differentiation as a positive.

•   Relationships. We value relationships and relationship building. We are committed to
    building a community amongst our donors, the Lone Star College System, and the 11
    independent school districts we serve collectively maximizing the opportunity to change
    lives.

•   Excellence. We are committed to the highest standards in fundraising, investing, and
    communicating with our stakeholders.

•   Accountability. We act in a way that exemplifies responsible stewardship and builds
    trust with our stakeholders.

•   Trust.   We act with integrity and do the right thing on behalf of our stakeholders.

•   Enthusiasm. We are committed to the foundation’s vision and have the
    energy, passion, and desire to accomplish our stated goals.
The Lone Star College Foundation’s mission is to
change lives through student scholarships and quality
   educational programs achieved by excellence in
  relationship building, fundraising, and investment
                     management.
Chancellor’s Breakfast   StarGala   Golf Tournament



                         EVENTS
OPPORTUNITY TO CONNECT
STUDENTS TO OUR DONORS
EXTRAORDINARY VOLUNTEER SUPPORT
Students, system, and college employees as well as community members
                      all serve as our volunteers.
WOULD YOU LIKE TO HELP?

• Golf – Fall
• Gala – Spring
                         Opportunities at Gala
•   Sales: solicit auction items or tables or sponsors or night
    of, sell raffle tickets
•   Creative: help assemble auction baskets
•   Sweat: help with set up for auction day of or
    organization of items that evening
•   Tech Geek: Register guests and check them out after
    purchases
TYPES OF FUNDS

• Endowments – Permanently Restricted

• Special Scholarships – Temporarily
  Restricted

• Program Funds – Temporarily Restricted

• Unrestricted
ENDOWMENT FUND BALANCES
7000000

6000000

5000000

4000000
                                                         Investments
3000000                                                  Foundation Fund
                                                         ASF
2000000

1000000

      0
          2003 2004 2005 2006 2007 2008 2009 2010 2011
NUMBER OF ENDOWED SCHOLARSHIPS
*INCLUDES THE $1 MILLION STEGALL ENDOWMENT WHICH SUPPORTS TWENTY $3,000 SCHOLARSHIPS



450
400
350
300
250
200
150
100
 50
  0
      2002 2003 2004 2005 2006 2007 2008 2009* 2010 2011 2012
SPECIAL SCHOLARSHIPS

•   $50,000 from Wiley Foundation
•   Heritage at TowneLake Scholarships
•   Memorial or honorary scholarships
•   Other scholarships
PROGRAM FUNDS

• Over $1.42 million in support of academic
  programs
• Can be scholarships but are usually
  equipment, supplies, faculty
  development, field trips…
• Directed by a campus “Program Manager”
• College President signs off on creation of
  account and all funding
MINI-GRANTS
• $20,000 from LSC Foundation + $20,000 from LSCS
• Individual projects will range from $500 to $2,500
• Applications will be due to your college Primary Contact
  in early November
   College/Campus        Primary Contact         Secondary Contact

   LSC-CyFair            Georges Detiveaux       Julie Hutchinson
   LSC-Kingwood          Peggy Whitley           Jennifer Martinez
   LSC-Montgomery        Ron Dewlen              Mary Rush
   LSC-North Harris      Katie Hurter            Dulcie Mohammed
   LSC-Tomball           Victoria Waters         Clay McGovern
   LSC-System Office     Darcy Mingoia           Alise Bailey
   LSC-University Park   Stephanie Gregg-March   Brian Griffin
FOUNDATION STAFF
Fiona Burnett, Administrative Assistant
 832.813.6637        fiona.burnett@lonestar.edu

       Judy Lux, Special Events Manager
     832.813.6640 judy.lux@lonestar.edu

        Maribel Maldonado, Bookkeeper
832.813.6638 maribel.maldonado@lonestar.edu

       Darcy Mingoia, Executive Director
  832.813.6636 darcy.mingoia@lonestar.edu

            Sarah Ray, Coordinator
   832.813.6637 sarah.m.ray@lonestar.edu

     Lone Star College Foundation
   www.LoneStarCollegeFoundation.org
      5000 Research Forest Drive
     The Woodlands, Texas 77381
Thank you!

Questions?

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Lone Star College Foundation

  • 1. LSC FOUNDATION: CHANGING LIVES THROUGH EDUCATION LSC-CyFair ALL Presentation – March 29, 2012
  • 2. WHAT IS THE LATEST LSCS NEWS… • 76,000 credit students and 14,000 in corporate and continuing education • $1.1 billion annually in economic impact • Gates Grant for Completion by Design • Single Parent Scholarships - $1.5 million • Student Success Initiatives including Best Start  Set a Goal  Make a Plan  Get Connected  Get Involved
  • 3. WHAT IS LSC FOUNDATION? • Independent of the system but for the benefit of the students, faculty and programs • Salaries and offices paid for by LSCS • 501c3 Type 1 Organization • Governed by an independent 25-member community board with three system representatives – Chairman of Board of Trustees, Chancellor, and Designated Administrative Officer – VC External Affairs • All funds managed separately from LSCS funds • Aldine Scholarship Foundation relationship
  • 4. VISION STATEMENT The Lone Star College Foundation is nationally recognized for its unique and innovative public and private partnerships which generate financial resources to change lives.
  • 5. VALUE STATEMENTS The following values describe the Lone Star College Foundation culture and our desire to CREATE opportunity for students, faculty, and our donors: • Creativity. We are dynamic friend and fund raisers. We are innovative investors. We see differentiation as a positive. • Relationships. We value relationships and relationship building. We are committed to building a community amongst our donors, the Lone Star College System, and the 11 independent school districts we serve collectively maximizing the opportunity to change lives. • Excellence. We are committed to the highest standards in fundraising, investing, and communicating with our stakeholders. • Accountability. We act in a way that exemplifies responsible stewardship and builds trust with our stakeholders. • Trust. We act with integrity and do the right thing on behalf of our stakeholders. • Enthusiasm. We are committed to the foundation’s vision and have the energy, passion, and desire to accomplish our stated goals.
  • 6. The Lone Star College Foundation’s mission is to change lives through student scholarships and quality educational programs achieved by excellence in relationship building, fundraising, and investment management.
  • 7.
  • 8. Chancellor’s Breakfast StarGala Golf Tournament EVENTS
  • 10. EXTRAORDINARY VOLUNTEER SUPPORT Students, system, and college employees as well as community members all serve as our volunteers.
  • 11. WOULD YOU LIKE TO HELP? • Golf – Fall • Gala – Spring Opportunities at Gala • Sales: solicit auction items or tables or sponsors or night of, sell raffle tickets • Creative: help assemble auction baskets • Sweat: help with set up for auction day of or organization of items that evening • Tech Geek: Register guests and check them out after purchases
  • 12. TYPES OF FUNDS • Endowments – Permanently Restricted • Special Scholarships – Temporarily Restricted • Program Funds – Temporarily Restricted • Unrestricted
  • 13. ENDOWMENT FUND BALANCES 7000000 6000000 5000000 4000000 Investments 3000000 Foundation Fund ASF 2000000 1000000 0 2003 2004 2005 2006 2007 2008 2009 2010 2011
  • 14. NUMBER OF ENDOWED SCHOLARSHIPS *INCLUDES THE $1 MILLION STEGALL ENDOWMENT WHICH SUPPORTS TWENTY $3,000 SCHOLARSHIPS 450 400 350 300 250 200 150 100 50 0 2002 2003 2004 2005 2006 2007 2008 2009* 2010 2011 2012
  • 15. SPECIAL SCHOLARSHIPS • $50,000 from Wiley Foundation • Heritage at TowneLake Scholarships • Memorial or honorary scholarships • Other scholarships
  • 16. PROGRAM FUNDS • Over $1.42 million in support of academic programs • Can be scholarships but are usually equipment, supplies, faculty development, field trips… • Directed by a campus “Program Manager” • College President signs off on creation of account and all funding
  • 17. MINI-GRANTS • $20,000 from LSC Foundation + $20,000 from LSCS • Individual projects will range from $500 to $2,500 • Applications will be due to your college Primary Contact in early November College/Campus Primary Contact Secondary Contact LSC-CyFair Georges Detiveaux Julie Hutchinson LSC-Kingwood Peggy Whitley Jennifer Martinez LSC-Montgomery Ron Dewlen Mary Rush LSC-North Harris Katie Hurter Dulcie Mohammed LSC-Tomball Victoria Waters Clay McGovern LSC-System Office Darcy Mingoia Alise Bailey LSC-University Park Stephanie Gregg-March Brian Griffin
  • 19. Fiona Burnett, Administrative Assistant 832.813.6637 fiona.burnett@lonestar.edu Judy Lux, Special Events Manager 832.813.6640 judy.lux@lonestar.edu Maribel Maldonado, Bookkeeper 832.813.6638 maribel.maldonado@lonestar.edu Darcy Mingoia, Executive Director 832.813.6636 darcy.mingoia@lonestar.edu Sarah Ray, Coordinator 832.813.6637 sarah.m.ray@lonestar.edu Lone Star College Foundation www.LoneStarCollegeFoundation.org 5000 Research Forest Drive The Woodlands, Texas 77381