September 22,2016 SCF Lakewood Ranch Campus - 3:30PM Call to Order - - PowerPoint PPT Presentation

September 22,2016 SCF Lakewood Ranch Campus - 3:30PM

 Call to Order  Public Comment

CONSENT:

• BOD Meeting Minutes 5-19-16
• Acceptance of Gifts
• Financials & Executive Summary as of 6-30-16
• Scholarship Report
• Development Report
• Committee Meeting Minutes
• Audit: 6-15
• Finance: 6-22 & 8-11
• Asset Management: 5-11; 8-24
• Avenues Committee Report
• Ad Hoc Committee Meeting

 Title

Title I III G Gra rant t

• What is it and Why is it Important to SCF Students?

 Student Success Measures

 Retention  Time to Completion  Securing Employment

 SCF F

Facu culty Vote Vote to to Unio ioniz ize

 5-Yea

ear St Strategi gic P c Plan R Ref eflec ections & & Progress

 60th th Anniv

ivers rsary ry K Kick-Off Off

• Year Long Celebration

Lo Lois Lu Lucek ek Sarasota Me Ment ntor r – Pa Pam S Swain Vic ictori ria St Stult ultz Venic nice Me Ment ntor r – Dor Dorot

• thy Korze

rzen

Erica Wuoiro, Alumni Coordinator

Wuorio joined the Foundation in June. She was previously with the Alumni Relations department at the University

• f New Hampshire, where she

graduated with a Bachelor of Arts in

• communication. She also has

experience with fundraising for High Point University in North Carolina.

June Phillips, Foundation Specialist

June Phillips, Foundation Specialist, “Director of First Impressions” You may have seen June at LWR where she worked for the last 6 years. June, a Maine native, relocated to Bradenton with her husband in 2009. She has a background in development and customer service and is happily making the Foundation her new home.

President/Chair: Cathy Kuhlman Vice President/Vice Chair: Mike Fuller Treasurer: Lisa Bristow Secretary: Cassandra Holmes

 SCF-Foundation.org

Please sign and leave with Brenda

 Chri

ris Pfahler, r, Presid ident

• Ceremonial “Passing of the Gavel” to Cathy Kuhlman
• Representing Venice Region

 Ed N

Nich ichola

• las, Governance & Ad Hoc

Committee

• Term Expires 9/30/2016
• Representing Bradenton Region

 Monday, October 24th M&J Auditors Begin  Thursday, November 3rd, Audit Draft Completed

by M&J

 Wednesday, November 9th, Audit Committee

with M&J Auditors to discuss 1st Draft

• Modifies, Implement Changes, & Start 990 Prep

 Monday, November 21st, Audit Committee to

review 990

 Wednesday,

y, N Nove vembe ber 3 30th

th, SCFF Boa

• ard of
• f

Direct ctors r rev eview both Au Audit an and 9 990 90

• Motion to approve audit/990, seek BOT approval, &

Publish

• BO

BOT M T Meetin ing D December 6th

th to A

to App pprove

BOD Meetings/Retreats: 11/30/16; 1/25/17; 3/30/17; 5/17/17; 9/14/17 Asset: 10/19/16; 1/18/17; 4/19/17; 6/21/17 Audit: 11/9/16; 11/21/16 Finance: 10/26/16; 1/5/17; 3/1/17;6/7/17 Major Events: 2017 Avenues Committee-2/25/2017 2017 Evening Committee-4/1/2017

 Recommending an Effective Rate of 4.15%

• Prior Year – 4.6%
• Mot
• tion to

to App pprove

 6-Year Portfolio Performance – Handout

Goa

Goal l - $2.0M $2.0M

 100% Participation  NEW Target $4,000 per BOD Member $48,000  Total BOD Members: 12

• Does NOT Include Trustee Hager & Dr. Probstfeld
• Have added two new board members Lois Lucek &

Victoria Stultz

• SCENE Magazine $8,600 –
• Corbus Additional Gifts
• Event Revenue Increases
• Sarasota Magazine & Biz 941$2,600
• 24-Hour Giving Challenge & Guide to Giving
• Observer Season, full page $1,995
• Event Revenue Increases
• INSPIRE Magazine, $13,285
• Individual Donor Gifts
• Miscellaneous Other, $10,000
• Alumni Give Aways Graduation/T-Shirts
• Scholarship Luncheon
• College Pieces, $0
• Strategic Plan Brochure
• Fact Book (Large & Small)
• SCF Music Brochure and Playbill

• Commun

unity A Aware reness:

• Sarasota Orchestra Program Ad ½ page

$2,819

• Orchestra Pops FREE

$0

• Orchestra Music Fest FREE

$0

• Asolo Theatre Program Ad ½ page $3,371
• WC Black Theatre Program Ad ½ page $665
• SWFL Guide to the Arts $627
• Sarasota Opera, ½ page winter $1,485
• Sarasota Ballet & DNG Program in-kind $0
• SCENE Magazine $8,600
• Sarasota Magazine & Biz 941$2,600
• Observer Season, full page $1,995
• INSPIRE Magazine, $13,285
• Miscellaneous Other, $5,000

 Advertising Media 31%: $18,000  Radio Advertising 38%: $22,800  Web/On-Line 17%: $10,200  Social Media 7%: $4,200  Internet 3%: $1,800  Other 5%: $3,000  Total:

$60 60,000 00

 Multi

ti-Channel el M Marke keting

 Collabor

• rati

ating with College/Foundation Media Purchases

• Getting Better Prices – Saving $$$$

 Wh

Why R Rad adio? $22, 2,800/ 0/38% 8%

• WSRZ 107.9 – Jones & Crane in the Morning Show

 146,200 Listeners  Great Negotiated Rate

• Plus Other Possibilities

2016-17 Budget 2015-16 Projected 2016-17 Budget vs 2015-16 Projected % 2016-17 Budget vs 2015-16 Projected Revenues Investment Income 1,750 2,061 (311)

• 15%

Net Realized and Unrealized Losses 1,750 1,790 (40)

• 2%

Special Events 440 440 0% Other Income 30 30 0% Total Revenue 3,970 4,321 (351)

• 8%

Support Individual, Corporations, Foundations, and Others 2,000 1,900 100 5% Total Support 2,000 1,900 100 5% Total Revenues & Support 5,970 6,221 (251)

• 4%

Expenses Program Services Scholarships 1,473 1,728 (255)

• 15%

Enhancements 542 642 (100)

• 16%

Personnel 264 248 16 6% Contract Services 55 55 0% Institutional Support (Lobbying) 52 50 2 4% Other 35 35

• 0%

Total Program Services 2,421 2,703 (282)

• 10%

General and Administrative

• Personnel

150 132 18 14% Marketing 60 28 32 114% Contract Services 25 66 (41)

• 62%

All other G&A 41 37 4 11% Total General and Administrative 276 263 13 5%

• Fund Raising
• Personnel

186 148 38 26% Contract Services 100 100

• 0%

Professional Fees for Events 19 20 (1)

• 5%

All Other 17 17

• 0%

Total Fundraising 322 285 37 13% Total Expenses 3,019 3,251 (232)

• 7%

Increase(Decrease) in Net Assets Before Change in Value 2,951 2,970 19

• 1%

in $000

DASHBOARD 2015-2016 As of 9/16/2016 - Unaudited

FY Targets FY Actuals FY Variance

• Var. Percentage

Individuals

$ 608,000.00 36% $ 612,492.00 33% $ 4,492.00 1%

Foundations

$ 513,000.00 30% $ 738,337.00 39% $ 225,337.00 44%

Corporations & Organizations

$ 779,000.00 46% $ 532,530.00 28% $ (246,470.00) (32%)

TOTALS

$ 1,900,000.00 $ 1,883,359.00 $ (16,641.00) (1%)

 100% Participation & Engagement

• Events/Board Meetings/Financial Goal/PLUS-PLUS

 SCFF

CFF GI GIVE O OR GO GO GE GET GO GOAL

• EXCEED

EEDED ED G Goal al by $1,000 per Board Member

 $4,200 vs. $3,200 per Board Member

 100% Participation on 24-Hour Giving

Challenge

• Board of Trustees
• Board of Directors

With y h your ur he help, we we SURP RPASSED O OUR R $18, $18,000 00 GOAL! the he S SCF F Found undation n raised $26,250 i in n unm unmatche hed f fund unds, and nd $31, $31,725 25 in ma matc tching mon g money

THAT' T'S A TOTA TAL O OF $57, 57,97 975! 5!

Inc ncluding ng p prizes, che hecks a and nd dona nations ns t thr hroug ugh t h the he Found undation we website, we we raised over $60, $60,000 00 in 24 H 24 HOURS RS!

The e SCF F Foundation w was honored ed t to participate i e in the e Giving C Challen enge, e, a and i if you missed t ed the e ex excitem emen ent l lea eading up the 24 hou

• urs, p

ple lease vis visit it a and "lik "like" ou

• ur Facebook p

pages (S (SCF A Alu lumni A Assoc

• ciation, S

Sta tate C Colle

• llege of
• f Flo

lorida Fou

• undation, I

Inc.) a and vie view t w the vid videos t that s t showc wcase t the many dif ifferent wa ways you

• u can g

giv ive b back t to

• th

the Sta tate C Coll

• llege
• f
• f F

Flor lorida. We ca can't t tha hank y you enough f for y your ur s sup upport of o

• ur s

students!

As of 5/10/2016 - Unaudited Item Description Campus Date Target Actuals Variance

• Var. Percentage

Avenues des Artistes SCF Bradenton 2/20/2016 93,000.00 $ 91,662.00 $ (1,338.00) $ (1%) Evening Under the Stars SCF Venice 4/9/2016 111,621.00 $ 112,500.00 $ 879.00 $ 1% Sundays @ Neel SCF Bradenton December 86,000.00 $ 91,961.00 $ 5,961.00 $ 7% UF Engineering Den/Advisor SCF Venice Fall 2017 200,000.00 $

• $

(200,000.00) $ (100%) Library Learning Center SCF Bradenton Fall 2017 1,000,000.00 $ 365,000.00 $ (635,000.00) $ (64%) Studio of Performing Arts SCF Bradenton Fall 2017 3,500,000.00 $ 10,000.00 $ (3,490,000.00) $ (100%) Health & Human Performance Center SCF Bradenton Fall 2017 6,000,000.00 $

• $

(6,000,000.00) $ (100%) Grand Total $10,990,621 $671,123 (10,319,498.00) $ (94%)

Bequests & Other $125,000

SCFF Board of Director Fundraising 2014-2015 $213,000

Ralph French Charitable Foundation $25,000

SCFF Boa

• ard of
• f Direc

ecto tor F Fund undraising 2015 2015-2016 2016 $347,000**

**

• Sub Total:

$710,000

Prospects:

• Selby Foundation Grant Applied:

$249,480

• Bradenton Kiwanis Club Fdn Applied: $135,000
• Other Potential Grants

$150,000

• Sub Total:

$534,480

 TOTAL:

$1,244,480,000

 $34

347, 7,00 000 U 0 Unrestricted F Fundraising

• Event Fundraising $$
• Unrestricted Gifts
• And Asset Profits

 Recommendation?

• MOTI

TION

 Wednesday, October 5, 2016, noon  Pres

esen enti ting S Spon

• nsor
• r:

: Suncoast Credit Union

 Addit

itio ional I Invit ites

 LOCAT

ATION: N: IMG Academy Go Golf Cl Club ub 4350 El Conquistador Pkwy Bradenton, FL 34210 (941) 758-1466

 SCFF Board Photos  Re

Responsibil ilit itie ies of

• f a “

a “Tab able C Cap aptain”? ”?

•  Donati

ation

• n G

Goal: : $5,000+ 0+

• Thank Presenting Sponsor: SUNCOAST

CREDIT UNION Representatives

• Cindy Helton
• Welcome ALL table guests
• Facilitate Intros & Encourage Conversation
• Distribution of SCFF Scholar Pins
• How to Handle Benefactor Absence
• SCF Student Needs to Leave Early
• Givin

ing g Card Solici icitatio ion & YELLOW LOW envel elop

• Questions

ns? Askin ing g for a contri ributio ion will l NEVER R be easie ier! r!

1. 1.

KEVIN VIN F. D DUFFY FY S

• SR. MEMOR

ORIAL AL SCHOL OLAR ARSHIP – STUDENTS W WIT ITH D H DIA IABETES

2. 2.

NEXT S STEP P SCHO CHOLARSHIP IP PR PROGRAM – FIR IRST GENE ENERATION I N IN N COLLEGE

3. 3.

NO NO-VEL L Po Post 1 159 Vet Veter eran S Scholarship – VETERAN ANS

4. 4.

• Dr. G

Geo eorge a e and S Sally S Spea ears S Scholarship – MERIT IT BAS BASED SCHOLARS RSHIP FOR FOR S STU TUDENTS TS W WITH TH NEED (THAN ANKS E ERIC W WUORIO ! O !)

Year 2016-2017 2015-2016

Total Num. Applications 2,286 2,703 Total Students Offered 828 874 Awards Offered $1,495,098 $1,216,238 Average Award $1,806 $1,392 FOUNDATION Students Offered 613 640 Awards Offered $983,252 $790,907 Average award $ 1,604 $ 1,236 PASS THRU Students Funded 259 234 Awards Funded $511,846 $425,331 Average award $ 1,976 $ 1,818

 Committee Members  SCF Faculty Participants

• Work-in-Progress

 Excellence Flyer  Corp. Sponsor Pkg.  Case to Support SCFF/SCF  Goal

al: 1 1 Tab able p per er Mbr

Pamela Swain Charlie Ann Syprett Cristina Najmy Dianne Anderson Edie Deane-Watson Jenna McCoy Jennifer Michell Kara Altice-Montes BJ Creighton Phill Baker Lois Lucek Penny Hill Bill Murphy Cassandra Holmes, Executive Director Mary Lou Bale, Director of Development Erica Wuorio, Alumni Coordinator Jamie Smith, Director of Communications & Marketing Alex Quarles Susan Palmer

 Commitments:

• Tom and Carol Beeler:

$10,250

• Maurie Richards & Jack Keslar:

$1,000

• Ed and Betty Campbell:

$10,000

• Wes and Annie Scheufler:

$5,000

• John Weichel:

$10,000 (Pending upon his return from NC & meeting with MCF Exec and children)

 Total as of 8/3/2016:

$36,250

 Remaining Balance:

$23,750

 Still looking at MCF, CFSC, GCCF

• Memorial Ceremony for Dr. Korcheck,

9/23/2016, NPAC, 2PM, SCF Bradenton

• Gro

roun undbr breaking ng f for N r New ew Libra Library & & Lea Learni rning C Cent enter: Oct ctober 3, 3, 2016 2016, 9 , 9AM

• Schola

lars rship L ip Lunche heon: n: Oct ctober 5, 2016 5, 2016

• Avenues to the Future: Februa

ebruary ry 2 25, 2017 2017

• Evening Under the Stars: April 1,

1, 2017 2017

 Please complete the board assessment sheet

and Thank You notes and leave with Brenda

Dear Ms. Nash & All the SCF Foundation Members and staff, I would like to take this opportunity to thank you for all your support and guidance. If it were not for your financial support it would have made it more difficult for me to achieve my next

• goal. I am so blessed with your generosity and all the

experiences I have enjoyed. This July of 2016, I will begin my career in dentistry at LECOM School of Dental Medicine in Lakewood Ranch, FL. When I complete my career and come back to start my practice in Sarasota, I would like to make an endowed scholarship under my name for students who are interested to pursue a career in dentistry and medical fields. I graduated from University of South Florida Sarasota-Manatee on May 9th, 2016, with a major in Biology and a minor Psychology. Thank you for your investment in me and all the future students like me. May God Bless you all and Love you all! I will keep you posted with my studies at LECOM :)

 A Healthcare Administration website has ranked State College of

Florida, Manatee-Sarasota’s (SCF) online bachelor’s degree in Health Administration among the top five in the country.

 Stepha

hani nie Morg rgan, a SCF graduate, received the Best in Session Student Poster award at the Small World Initiative Annual Symposium, part of the American Society for Microbiology.

 Outstanding SCF Biotech Graduate Megan

n Orla rlando do is a published author on a scientific paper done while she was a student intern with the Roskamp Institute.

 SCF graduate Eliz

lizabe beth A Anne M Mille iller recently capped off her SCF studies by bringing home three awards from the Phi Beta Lambda (PBL) National Leadership Conference.

 Alfons

nso

• Lope

pez, violinist, and Mic ichell lle T Tabo bor, pianist, will give a master class and concert at SCF’s Neel Performing Arts Center, which is free and open to the public, will be held at 1 p.m. Wednesday, Sept. 21.



Studio 84 Productions at SCF will present two one-act plays to open the fall theatre season at 8 p.m. Friday, Sept. 30, at SCF’s Howard Studio Theatre

 SCF is offering its dual enrolled students a

scholarship to Stay & Complete their AA degrees which is offered to 2016 graduates who have a 3.25 grade point average and 24 credits or fewer left toward their degree.

 SCF, Manatee-Sarasota SACS Accreditation has

been renewed for 10 Years

 SCF student Domin

inic ick C Chri hrist stou-Ader was one of 18 undergraduate students in the country to win a $1,500 Capstone Travel Award to present his research, part of SCF’s Small World Initiative partnership, to the American Society for Microbiology (ASM).

 SCF will add an Honors Program available to all

students with classes at SCF Venice.

 Labor A

Assum umptions ns:

• Benefits Percentage: 28%
• College Labor Percentage: 57%
• Foundation Labor Percentage: 43%
• Recurring: 1% Salary Increase
• Non-Recurring: $1,200 per FT Employee PENDING Fall

2016 position

• Top 1/3 Performance Enhancement - PENDING Criteria

 FLSA S

Salar ary T Thresh eshold I Increases t ases to $47, 7,476/ 476/Year

 Increase

ease M Market eting E Expen enses: ses:

• $33,000 vs. $60,000

 Increase

ease B Board E Educat ational al E Expen enses ses

• Board Retreat 2016-2017

 Dec

ecreas ase I INSPIRE M Mag agaz azine Ex e Expenses

• Was $

$50,000 n now $ $15,000

 Robyn Bell, the Director of Instrumental Studies at

SCF, will head the newly formed SCF Bradenton Symphony Orchestra (BSO), a classical music ensemble comprised of student musicians from the college and musicians from the Bradenton area.

 Essentially, the orchestra’s strings section will be

made up of SCF student musicians. The brass, woodwinds and percussion sections will mostly be filled with musicians from the community.

 The BSO is scheduled to perform its first concert on

• Oct. 7.

2016 2016-17 P 17 Pro rofit it: Avenues: $52,500 Sundays: $33,238 Evening: $75,659 Inspire: $ 5,000 TOTAL: $166,397 2015 2015-16 P 16 Pro rofit it: Avenues: $41,914 Sundays: $48,238 Evening: $71,934 Inspire: $0 TOTAL: $162,086

Var arian ance $4, $4,311 311 Incr creas ase

2017 P 2017 Pro roposed Budg udget

Rev Reven enue: $112, $112,659 659 Ex Expen enses: ( ($37, $37,000) 000) Profit: $75, $75,659* 659* *$3, *$3,725 725 incr crea ease o

• r 5.

5.2% 2%

2015 Revenue: $107,635 Expenses: ($34,471) Profit: $73,164 2016 Revenue: $107,658 Expenses: ($35,724) Profit: $71,934

2017 P 2017 Pro roposed Budg udget

Rev Reven enue: $78, $78,638 638 Expense ses: s: $45, $45,400 400 Profit: it: $33, $33,238 238 (decl ecline $15, $15,000 000) 2014 2014-2015 2015 Revenue: $81,655 Expense: ($39,536) Profit: $42,119 2015 2015-2016 2016 Revenue: $91,960 Expense: ($43,722) Profit: $48,238

2017 P 2017 Pro roposed

Rev Reven enue: $94, $94,500 500 Expense ses: s: $42, $42,000 000 Profit: $52, $52,500 500 20% 20% incr creas ase o

• r $10,

$10,586 586

201 2015 Revenue: $87,255 Expenses: (52,690) Profit: $34,565 201 2016 Revenue: $90,040 Expenses: ($48,125) Profit: $41,914* *This is an 18% increase

• ver first year of event

 December 11: SCF Jazz Ensemble Holiday

Music

 January 15: Karen Granger  January 29: The Kingston Trio  February 12: Guy Lombardo’s Royal

Canadians

 February 26: Paul Tanner  March 19: Mac Frampton

Chris Pfahler Cathy Kuhlman Chris Romine Ed Nicholas Mike Fuller Rick Hager Jodi Allen Lisa Bristow

• Dr. Probstfeld

Cassandra Holmes

 The committee met

and discussed the BOT actions and decided to highlight SCF educational results and SCFF fundraising goals & objectives.

Advis isor r - $60, $60,000 00 ($30,000 for 2-years) UF UF Gator r Eng ngineering ng D Den n - $140 $140,00 000

• Venice Facilities Remodel:

$50,000

• Furniture:

$35,000

• Computers/IT:

$10,000

• Life Size Remote Classroom: $45,000

Cassandra & Heather Shehorn gave Venice Campus Tour to Alan Carlson Speaking Engagements at Bradenton & Sarasota Gator Clubs in August





 Advisor - $60,000 ($30,000 for 2-years)  UF Gator Engineering Den - $140,000

• Facilities Remodel: $50,000
• Furniture:

$35,000

• Computers/IT:

$10,000

• Life Size Remote Classroom: $45,000

 Cassandra & Heather Sheehorn gave Venice

tour to Alan Carlson in July

 Cassandra & Alan Carlson spoke at the

Manatee Gator Club in August.