Page 10 - cocannualreport2013
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FOUNDATION




        e community continues to aŸrm and appreciate the work   Scholarship Endowment
        of College of the Canyons. at is particularly evident in the
                                                                Financial need is among the most signicant barriers keep-
        support given to the College of the Canyons Foundation
                                                                ing  students  from  realizing  their  educational  objectives.
        by private donors. e Foundation received $1.3 million in
                                                                With that in mind, the Foundation launched a Scholarship
        contributions, an 11 percent increase over the prior year. In
                                                                Endowment campaign in the 2011-12 academic year with a
        fact, year-over-year revenue has increased in each of the last
                                                                goal of raising $300,000 in three years. So far, the Founda-
        four years. e college also grew its number of donors, as
                                                                tion has raised $272,641, nearly reaching the campaign goal
        there was an 11 percent increase in those who gave. e val-
                                                                in less than two years.
        ue of donations also grew by 6 percent.
                                                                Scholarships have proven to be vital to those student pop-
        While the Foundation excelled on many fronts, it demon-
                                                                ulations that need extra assistance in achieving their edu-
        strated leadership through two particularly signicant ini-
                                                                cational  goals,  including  student-athletes,  veterans,  sin-
        tiatives – the College of the Canyons Institute for Culinary
                                                                gle-mothers  and  minority  students.  Nearly  150  students
        Education (iCuE) Capital Campaign, and the Scholarship
                                                                were  awarded  scholarships  in  the  2012-13  academic  year
        Endowment.                                              and will receive those awards as they continue their educa-
        Culinary Arts Capital Campaign                          tions in subsequent years.
        Led by co-chairs Diana Cusumano and Blair Salisbury, the   Many of those scholarships have been made in the name
        campaign has raised $924,000 toward the cost of building a   of local Santa Clarita benefactors and businesses that know
        culinary arts training facility at the Valencia Campus. at   the value of assisting in the ongoing educational develop-
                                                                ment of COC students. Samples of some of those locally
        includes a successful Family Campaign conducted with col-
                                                                initiated scholarships that are aiding students include:
        lege employees that garnered a 96 percent participation rate.
        With nearly 85 percent of the funding needed to complete   •  Michael “Mike” Sandnes Memorial Scholarship
        the project in hand, the college elected to start construction
        on the project and raise the remainder of the money while   •  Henry Mayo Newhall Memorial Hospital Scholarship
        building continues.
                                                                  •  Lockheed Martin Environmental Sustainability Scholarship
                                                                  •  NE Systems Single Parent Scholarship

                                                                  •  Betty Ferguson Foundation Scholarship
                                                                  •  Dr. Ram Manvi Memorial Scholarship
        Foundation accomplishments in 2012-13
        included:                                                 •  Richard and Connie Luechtefeld Business Scholarship
          •  Surpassing revenue and membership targets
            for the Chancellor’s Circle support group.
          •  Launching the College of the Canyons Alumni            COC Foundation Annual Revenue Growth
            Network to better connect Cougar alumni.
          •  Unveiling the permanent Athletic Hall of Fame   $1,500,000
            display.
          •  Honoring Barry and Pati Gump with the Silver   $1,200,000
            Spur Award for Community Services.
          •  Awarding $18,000 in grants to faculty to fund   $900,000
            innovation in the classroom.
          •  Receiving a clean audit, with no management   $600,000
            recommendations or findings, for the seventh
            year in a row.                                 $300,000
          •  Developing a plan to grow the Library
            Endowment by $150,000 over three years.              0
                                                                    2008-09   2009-10   2010-11   2011-12  2012-13





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