Lone Star College Foundation
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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.
MISSION STATEMENT
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.
EVENTS
Chancellor’s Breakfast StarGala Golf Tournament
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
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
InvestmentsFoundation FundASF
NUMBER OF ENDOWED SCHOLARSHIPS*INCLUDES THE $1 MILLION STEGALL ENDOWMENT WHICH SUPPORTS TWENTY $3,000 SCHOLARSHIPS
2002 2003 2004 2005 2006 2007 2008 2009*
2010 2011 20120
50
100
150
200
250
300
350
400
450
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 NovemberCollege/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 Assistant832.813.6637 fiona.burnett@lonestar.edu
Judy Lux, Special Events Manager832.813.6640 judy.lux@lonestar.edu
Maribel Maldonado, Bookkeeper832.813.6638 maribel.maldonado@lonestar.edu
Darcy Mingoia, Executive Director 832.813.6636 darcy.mingoia@lonestar.edu
Sarah Ray, Coordinator832.813.6637 sarah.m.ray@lonestar.edu
Lone Star College Foundationwww.LoneStarCollegeFoundation.org
5000 Research Forest DriveThe Woodlands, Texas 77381
Thank you!
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