Transcript Foundation Cross Training 2.27.15

SPRING CROSS TRAINING
FOUNDATION MISSION
The DSC Foundation is a direct support organization
of Daytona State College founded in 1974.
Its purpose is to provide financial assistance to
students as well as funding for faculty, programs, and
capital support. It fills the critical needs that are
beyond the scope of the college’s regular budget.
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FOUNDATION HISTORY
•
The Daytona State College Foundation is a not-for-profit, Internal Revenue Code 501(c)(3)
corporation to serve as a direct support organization of the College.
•
It was formed in 1974 and remains exclusively to benefit the educational endeavors of the
College.
•
The Foundation embraces the concept of the College mission as adopted by the District
Board of Trustees and has provided financial assistance to students, as well as funding for
critical needs, that are beyond the scope of the College's budget, which directly or
indirectly benefits students.
•
Management of Foundation affairs is vested with a self-perpetuating Board of Directors
from the community that the College serves. Directors receive no compensation for their
services.
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Foundation
Board of Directors
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ROLE OF FBOD MEMBERS
• Committed to mission and goals
• Knowledge of college programs and alert to
possible partnership opportunities
• Ambassador and active advocate for DSC
• Participate in college and Foundation activities
• To contribute or seek contributors for
underwriting projects, scholarships and
endowments
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AGENDA
Scholarships
Annual Campaign
Alumni Relations
Special Events
Finance & Investment Strategy
Who’s Who?
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SCHOLARSHIPS
Three types of Scholarships
 Unrestricted
Very hard to raise
 Temporary Restricted
For a specific course of study, etc.
 Endowments
Never spend the principle
Spend the interest and dividends
2014 - over $850,000 to 1050 students
Web-based applications
Scholarship selection committees (volunteers) review student applications
Volunteers always needed
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SCHOLARSHIP PROCESS
Pre-Awarding:
Scholarships announced every semester
Online application
Student eligibility based on student information matching with donor criteria
Marketing includes:
 Text and voice messages D2S
 E-mails
 Posters/Flyers distributed at all campuses
Post Awarding:
Scholarship Application review by Faculty/Staff Volunteers
Scholarship Awarding
Student thank you notes
Acknowledgement to Donor of Funds allocated to students
Donor Appreciation Luncheon
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ANNUAL CAMPAIGN
Employee Giving Campaign
 Every April
 Payroll Deduction Opportunity
Annual Campaign
 Every November
Each year we conduct an Annual Fund Campaign directed to
board members, trustees, alumni, faculty, staff and the general
public using direct mail, social media, etc.
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ALUMNI RELATIONS
 Newly re-formed
 Board of Directors
 Suzette Cameron, President
 Activities
 Athletic
 Cultural
 Alumni Outreach
 Welcome Letter, with decal
 Brick Opportunity; Letter ‘To the parents of. . .’
 Database Clean-up
 Addresses (mailing and e-mail) updated
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SPECIAL EVENTS
Annual Gala
Largest fundraiser, annually
2015 Honoree: Bobby Thigpen
Board member, Former Chair
Kiwanis “Score One For Kids” Golf Tournament
Partnership Event; Every April
W.I.S.E. (Wisdom In Senior Education)
Every Tuesday
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EVENT SCHEDULE:
FUNDRAISING VS. FRIENDRAISING
DSCF Event Schedule - Working Draft
Jan
WISE
Feb
x
x
Mar
x
Donor Appreciation Reception
x
Luncheon - CWM
x
Employee TY Breakfast
x
Apr
May
x
Margaret Crumley Award / Convocation
x
Employee Campaign
x
Golf Tournament - Kiwanis
x
Aug
Sep
x
Graduate/Alumni Letter
x
Graduation Opportunities
x
Brick Campaign
x
Gala
Jul
x
Scholarship Selection Committee Breakfast
Alumni Event
Jun
Oct
Nov
x
Dec
x
x
x
x
Annual Appeal
x
Holiday Cards
x
Holiday Reception - WISE
x
Holiday Reception - Alumni
x
20th Anniversary Dental Program
x
x
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FINANCE & INVESTMENT
• Invest and manage the Foundation’s financial assets according
to established policy;
• Recommend investment and spending policy to the Board;
• Determine annual amounts available for scholarships and
program support.
• Review the investment policies every year or if needed when the
markets change radically
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DONATION PROCESS
• Simple, 3 page Agreement
• Endowment:
 Minimum donation of $10,000
• Named Scholarship:
 Minimum donation of $2,500
 In Memory; In Honor; EMT example
• Types:
• One-time donation
• Pledges
• Sponsorships
• In-Kind
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FUNDING
Donations
 Scholarships
 Program & Facility Support
 Endowments
 Matched Gifts
 Annuities
 Bequests / Planned Giving options
Special Events
Partnerships
 Kiwanis Golf Tournament
Annual / Employee Campaigns
Utilization of Marketing Opportunities
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New Marketing Initiative
DSC/Foundation Magazine
Touchpoint Alliance partnership
Three print magazines p/year
- All e-versions
- One mobile capable
Show Prototype
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THANK YOU!
QUESTIONS? COMMENTS?
Who’s Who
 Randy Amil, Student Worker
 Kay Burniston - 3658
 Judy Haydt
- 3110
 Kendra Payne - 4506
 Jackie Pappas - 3407
 Kent Ryan
- 4801
- 3195
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