Transcript Foundation

2003-2004
CFCC FOUNDATION
CAPE FEAR COMMUNITY COLLEGE
ANNUAL PLANNING RETREAT
JUNE 18, 2004
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Met the annual fund drive goal of
$350,000 in four months and
exceeded the goal by 25 percent
for a total of $465,348 in
contributions to date.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Conducted the largest campus
fund drive to date with a total of
$35,753 in contributions from 260
faculty and staff.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Increased the donor base by
50% over the previous year
including 186 first-time donors.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Increased total Foundation assets
to $1.8 million.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Reinvested $1.2 million in
Foundation endowed funds via
local investment manager Reid
Murchison of A. G. Edwards
Company through a competitive
interview process.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Adopted a new investment policy,
asset allocation model and
spending policy.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Created twelve new scholarships
and awarded $208,349 in
scholarships to 232 students in
the 2003-04 academic year.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Created seven new endowed
funds with a combined initial
investment of $110,000.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Developed a new logo,
informational brochure and
letterhead to enhance the image
and public knowledge about the
Foundation.
CFCC FOUNDATION
PRIMARY ACCOMPLISHMENTS
Brought two new directors to the
board, bringing the total to 7 new
directors over 2 years.