Annual Meeting of the Board of Directors

Vision 2015 PlanFirst Year Celebration

M A Y 2 3 , 2 0 1 1

A message from the chair

Dear RCCC Foundation Supporters:

Thank you for your generous contributions this fiscal year. As you will see throughout this report, your generosity enabled us to meet our Vision 2015 goals and objectives.

We witnessed first-hand the impact of contributions to our students at the Changing Lives Scholarship Luncheon in February. Many of our recipients would not be able to attend college if not for the financial assistance provided by our private scholarship donations.

This year over 80 individuals volunteered for events and committees. With their help we were able to showcase our college and highlight our foundation. We continue to be amazed with the “service above self” personalities of our friends and neighbors.

This year we established the RCCC Alumni Association, the RCCC Ambassador Program, the Art on Campus Initiative, and the Student Impact Grants. We gave current and former students the opportunity to become leaders on campus and reconnect with their community college. The beginning of an artistic environment is in the air and the faculty and staff are appreciative of the grant funds for special projects impacting students.

As RCCC approaches its 50th Anniversary in 2013, the Foundation is gearing up to make a large impact within our communities. It is our goal to provide support to the college to further its mission of providing educational opportunities relevant to emerging needs in our region. We continue to be grateful for your support.

Thank you,

Dakeita Vanderburg-Johnson

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MissionTo raise and manage funds and enhance relationships that support the work of Rowan-Cabarrus Community College

Vision 2015 Statement The Rowan-Cabarrus Community College Foundation (RCCCF) sets the standard of philanthropic support for 21st Century learning.

GoalsBy 2015 the RCCCF will become the preeminent choice for philanthropic giving by achieving the following:

1. Building fund raising momentum for the 50th anniversary of the College in 2013

a. Focus on the annual campaigni. 2010-11 -- $150,000 goal

b. Focus on the annual and major gift campaignsi. 2011-12 -- $500,000 goalii. 2012-13 -- $2,000,000 goal

2. Satisfying 100% of unmet student financial needs (scholarships and emergency)

3. Providing continuous funding for updating of current programs, professional development, equipment, technology and selective enhancement of facilities

4. Becoming a source for inspirational stories with a focus on the effective communication of RCCC as an educational force and economic engine for the region, state, and beyond

5. Creating an active, engaged Alumni Association as an active part of the Foundation

6. Becoming fully staffed; engaged at the local, state and national level

7. Receiving 100% participation in giving from the Foundation Board, Board of Trustees, RCCC leadership team, faculty and staff

8. Becoming the board of choice for membership

Vision 2015

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Rowan-Cabarrus Community College FoundationBoard of Directors’ Meeting

NC Research CampusKannapolis, North Carolina

I. Welcome & Acknowledgements - Dakeita Vanderburg-Johnson

II. Highlights of 2010-11 – Celeste Gruner

III. Approval of the February 9, 2011 minutes Board of Directors’ Meeting

IV. Governance Report – Dakeita Vanderburg-Johnson a. Approval of Officers (Term July 1, 2011 – June 30, 2013) Tony Almeida – Chair Diane Honeycutt – Vice Chair Brian Miller – Treasurer Dr. Carol Spalding – Secretary

b. Approval of Board of Directors’ Nominations Raegan Brogdon Irvin Newberry Paul Woodson

V. Finance Committee Report – Tony Almeida Special Funding Request

VI. Goals 2011-12 – Tony Almeida

VII. Recognition of Service – Dr. Jerry Chandler Ray Paradowski Dakeita Vanderburg-Johnson

VIII. President’s Remarks – Dr. Carol Spalding

Agenda

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Assets

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July 08-June 09 July 09-June 10 July 10-Sept. 10 Oct. 10-Dec. 10 Jan. 11-Mar. 11 Unrestricted Assets Beginning Bal $5,356.89 $3,270.65 $9,598.32 $39,283.56 $36,413.84 New Gifts $4,900.00 $36,683.08 $38,338.74 $17,980.80 $2,128.74 Earnings (Loss) $179.47 $63.00 $16.60 $29.87 $4,943.74 Expenses ($7,165.71) ($30,418.41) ($8,670.10) ($20,880.39) ($11,174.37) Ending Balance $3,270.65 $9,598.32 $39,283.56 $36,413.84 $32,311.95 Temporarily Restricted Scholarships Beginning Balance $64,784.27 New Gifts $8,018.26 Interest Earned $147.59 Expenses ($10,437.30) Ending Balance $62,512.82 Instructional Beginning Balance $9,479.40 New Gifts $0.00 Interest Earned $13.11 Expenses ($20.59) Ending Balance $9,471.92 Grants Beginning Balance $837,200.01 New Gifts $25,020.00 Interest Earned $411.26 Expenses ($22,619.72) Ending Balance $840,011.55 Endowment (Quasi, Corpus & Earnings) Beginning Balance $638,250.09 $646,409.13 $659,402.01 $647,489.91 $1,018,671.34 New Gifts $1,559.75 $19,521.02 $6,325.85 $373,567.14 $11,280.00 Gain (Loss) $22,771.65 $10,071.37 $1,262.05 $2,327.45 $4,540.83 Scholarship Expenses ($16,172.36) ($16,599.51) ($19,500.00) ($4,713.16) ($29,432.94) Ending Balance $646,409.13 $659,402.01 $647,489.91 $1,018,671.34 $1,005,059.23 Rate 3.57% 1.56% 0.19% 0.36% 0.45%

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Goal #1To build fundraising momentum for the 50th anniversary of the college in 2013.

2010-11 Campaign # Donors Revenue $ Goal

Annual Fund 84 $35,712 $30,000Golf 2010 78 $41,709 $40,000Bond 2010 31 $30,400 $30,000NCRC Dedication 7 $ 7,500 $ 7,500Bldg. 400 Dedication 3 $ 1,550 $ 1,500Salisbury Comm. Foundation 1 $ 8,970 $ 9,970Woodson Foundation 1 $45,000 $45,000Proctor Foundation 1 $ 3,000 $ 3,000Robertson Foundation 1 $25,000 $50,000

TOTAL 207 $198,841 $216,970

To satisfy unmet student financial needs.700 students needed assistance with tuition, books, and fees according to the RCCC Financial Aid office in 2009-10

2010-11 Privately Donated Scholarships Awarded

Foundation Funding College Funding

33 Awards 75 AwardsTotal $35,375 Total $81,860

TOTAL AWARDS = 108 totaling $117,23515% of Total Unmet Need

Goal #2

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Goal #3To provide continuous funding for updating of current programs, professional development, equipment, technology and selective enhancement of facilities

$8,000 Student Impact Grants

• Certificate Voucher Project• Phi Beta Lambda Memberships• Radiology Club – 20 students attended the NC Society of Radiologic Technologists, Inc. Fall Conference• Men Inspiring Success through Success and Role Modeling (MISTER)• Learning Resource Center - African-American Collection Development• Phi Theta Kappa Honors in Action• Visual Arts Professional Lecture Series• Science Honors Program

$25,000 Bond 2010

$1,000 Ambassador Program Students with Photos

$1,500 Summer Open House

$8,970 Nursing Department IV Equipment

$15,000 Student Emergency Funds

$6,500 Development Dimensions International (DDI) Certification for 10 employees

$5,300 Art on Campus (Special Thanks to Ed Norvell and Mr. & Mrs. Paul Campbell for contributing a portion of this initiative)

Spring 2011 Student Art Exhibition

RCCC Visual Arts Professional Lecture Series

Holiday Card Contest (Robert Edwards)

Salisbury Sculpture Tour on Campus

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Goal #4To become a source for inspirational stories with a focus on the effective communication of RCCC as an educational force and economic engine for the region, state and beyond

Coffee with Carol --- 65 Guests AttendedAnnual fund brochureSpring newsletterScholarship LuncheonWebsiteNCRC Open HouseBuilding 400 Open HouseBond 2010 CampaignBoards tell the stories

To engage Alumni Association as an active part of the Foundation

Goals:Form advisory council (11 Members)Create presence (website, graduation)Generate alumni directory (81 members)Solicit community discounts

Advisory CouncilKeri AllmanKim BarnettBrenda ClementJan Corriher-Smith ‘91Robert Leslie ‘81Barbara Meidl ‘07Jeanie MooreAllison RobinsonJackie Short ‘00Sarah Surratt ‘71Debbie Waters ‘05

Goal #5

Community BenefitsAll RCCC Alumni will receive discounts from the following Cabarrus and Rowan county local businesses:

Sweet Pickle Bakery & Delicatessen Curbside Concierge El Patron Century 21 Greystone Salon & Spa Lone Star - Salisbury Solace Salon Woodleaf Bowling AlleyCartucci’s Gary’s Bar-b-que Sunshine Asian Curl Up & Dye A Step In Time Tastebuds Coffee and Tea Enoodles Oak Tree Coffee Co. Palermo’s

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Goal #6To become fully staffed and resourced and engaged at the local and national level

STAFF: Co-opstudent (LeeAnn Norman)Grants Management Coordinator for Advancement Team (Tanya Evans)Assistance for financial management from the Business Office (Michael Hodge)

ENGAGEMENT:Afton Village RotaryAssociation of Fundraising Professionals (AFP)Council for Resource Development (CRD)Leadership RowanNorth Carolina Council of Resource Development, Inc. (NCCORD)

RCCC ADVANCEMENT TEAM:

Dr. Carol SpaldingPresident

Dr. Jerry ChandlerVice PresidentAdvancement

Sarah SurrattSpecial Assistant

Celeste GrunerFoundation Director

Daphne LewisGrants Development

Director

Myra SauerbrunGraphic Artist

Allison RobinsonDirector,

Graphics Department

Paula DibleyDirector, College

Relations, Marketing and Communications

Tanya EvansGrants Management

Coordinator

LeeAnn NormanCo-op Student

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Goal #7To receive 100% participation in giving from the Foundation Board, Board of Trustees, RCCC leadership team, faculty and staff

Foundation Board 100% Board of Trustees 87%President’s Cabinet 100%Full-time faculty and staff 10%

Goal #8To become the board of choice for membership

22 active Board members!Cabarrus (11) and Rowan (11)12 active committees

2010-11 AccomplishmentsNew by-lawsInvestment policySeparation of fundsInvestment policy

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Board of Directors

Dr. Carol Spalding Dakeita Vanderburg-Johnson

E. William Wagoner

Kathy Waters

Tony Almeida

Ray E. Paradowski

Dennis Yates

Edward P. Norvell

Cynthia MynattBrian MillerStarling Johnson Katrina T. KingPat Horton

Diane HoneycuttClyde HiggsCarol M. HerndonDianne Greene

William Cannon, Jr.William R. BurginPaul A. BrownCordella Andrews

Kate Grew

Not Pictured

Melissa Meachem

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Mr. Russ AdamsAkzo NobelMr. Tony AlmeidaAmerican Diversity Business SolutionsGreg and Cordelia AndrewsAT&TMr. Derrick AtkinsBank of North CarolinaBarnes & NobleMs. Mary DeAnn BasdenBB&TBB&T ConcordMrs. Carol BeaverMr. and Mrs. Dan BooneMr. J. Thomas bostMr. Adam BourassaPepsi BoyerBrady ServicesMr. Paul A. BrownMr. Johnny BrownMr. Bill BurginCabarrus Country ClubCabarrus County CommissionersCabarrus Eye CenterMr. William C. Cannon Jr.Canteen Vending ServicesMr. Brad CardwellCarolina Beverage CorporationCarolina Farm Credit, ACACentralina Workforce Development BoardCentury 21 Town & CountryDr. Jerry ChandlerMs. Brenda F. ClementCoca-ColaCohen Roofing & Metal Co.Colonial Life InsuranceCommunity Bank of RowanMs. Cathy CookMr. David CoxMr. and Mrs. David A. Daugherty

The following individuals and organizations supported the many students and programs of RCCC. Thank you for helping us raise nearly $200,000 to further our mission of enhancing educational opportunities for our communities.

Mr. John DavidsonMr. Larry DavisDaystar Machining Technologies, Inc.Dell ComputersMs. Fannie DillardMs. Lou Dorton-ShueDuke Energy FoundationMr. Robert P. DryeMr. and Mrs. Harold EarnhardtMr. Mark EbersoleEl Patron Mexican GrillMs. Karen ElmoreF & M BankFine Frame GalleryFink & Barrier Construction Co., Inc.Mr. Danny FisherMr. and Mrs. Locke FloydMr. Tim FoleyFood Lion Stores, LLCForms & Supplies, Inc.Mr. Larry B. FritzMs. Patricia G. FulcherMrs. Carol FurrMs. Patricia A. GaudioGolden Rule Bible Class at FUMCMs. Dianne GreeneGreene Insurance AgencyMr. Richard GriggsMs. Charlotte GrossmanMr. Gerry GrotbergMs. Celeste A. GrunerMs. Maria HallMs. Barbara HallMr. Robert C. HayesMrs. Tina HaynesMs. Carolyn HelmsMs. Carol HerndonHewlett PackardMr. and Dr. Clyde HiggsHilbish Ford Lincoln Mercury

Thank You

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Ms. Diane HoneycuttMs. Pat HortonMs. Carla HowellMrs. June HundleyInstitutional Scholarship and Tuition Services, Inc.Johnson Group LLCMs. Linda KampMr. Robert KeeneyDr. and Mrs. Doug KellingMs. Roberta KernMr. Ralph W. KetnerMs. Katrina KingMs. Pearlie KlutzMr. George KnoxMs. Miriam KoonMs. Lisa LancasterLearning EnvironmentsMs. Daphne LewisMr. and Mrs. John LyndenMs. Frankie LyonsMrs. Cheryl MarshMBAJ ArchitectureMs. Gaye McConnellMrs. Betty McCraryMs. Barbara MeidlMr. Robert MeisenheimerMr. Brian MillerMiller’s Ferry Fire Dept. AuxiliaryMrs. Jeanie MooreMrs. Amy MoorheadMorgan StanleyMrs. Ann MorrisMoseley ArchitectsMr. Bruce MullisMs. Diana MyersMs. Cynthia MynattMr. Irvin T. NewberryMr. Edward P. NorvellMrs. Sandra NovickOiles Americal Corp.Orthocarolina FoundationMs. Louise PackMr. Ray ParadowskiMrs. Connie S. PaxtonMr. Larry PeelerPerformance Cabling TechnologiesPotter & Co, P.A.Proctor Foundation

Mrs. Rolane RamseyMs. Emma G. RandallRCCC Student Government AssociationThe Blanche & Julian Robertson FoundationRowan Regional Medical CenterMr. Joe RutledgeS & D CoffeeSalisbury Community FoundationSalisbury District United Methodist FoundationSalisbury Rotary ClubSalisbury-Rowan EDCMrs. Denise SchweizerMr. and Mrs. Carl Short, Jr.Mr. Zeb ShueSilver Eagle LLCMr. E. Hayes SmithMr. and Mrs. Keenan SmithMr. Miles J. Smith, IIISolace Natural Body Shop & SpaSouthgate Masonry & Lumber Co.Dr. Carol S. SpaldingMr. Fred J. StanbackMr. Ian StevensMrs. Sarah SurrattTechnologies EdgeTeksystemsDr. Rod TownleyTurner ConstructionUnion Street Bistro Catering & EventsUtica Insurance Co.Ms. Dakeita Vanderburg-JohnsonVougue CleanersCarol VuchnichMr. Bill WagonerThe Edith Walker EstateWalker MarketingMr. Dan. R. WilliamsMr. C. Marcelle WilliamsMs. Patricia B. WilliamsMs. Yolanda WilsonWindstream CommunicationsMr. Paul WoodsonThe Margaret C. Woodson FoundationWorld Elastic Corp.World Fibers, Inc.Mr. Dennis Yates

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2011-2012 GoalsBy 2015 the RCCCF will become the preeminent choice for philanthropic giving by achieving the following:

1. Building fund raising momentum for the 50th anniversary of the College in 2013 ($500,000 Goal)

PROJECT GOAL RECOMMENDED CHAIR

Scholarships (Cabarrus) Diane Honeycutt and Pat Horton Named Scholarships $30,000 (20 @ $1,500 each) Endowments $75,000 (5 @ $15,000 each)

Scholarships (Rowan) Dianne Greene and Paul Brown Named Scholarships $30,000 (20 @ $1,500 each) Endowments $75,000 (5 @ $15,000 each)

Internship Program $20,000 (10 @ $2,000 each) Starling Johnson

Annual Fund Unrestricted $20,000 Carol Herndon and Bill Cannon

Employee Campaign $10,000 Natasha Lipscomb

Art on Campus Initiative $20,000 Dakeita Vanderburg-Johnson and Ed Norvell

Alumni Endowed Scholarship $15,000 (gifts and pledges) Kathy Waters

Student Impact Grants $20,000 (10 @ $2,000 each) Bill Burgin

Golf Tournament $50,000 Revenue Cordelia Andrews and Raegan Brogdon

Special Programs Paul Woodson Student Emergency Fund $20,000 Continuing Education Schol. $20,000 Ambassador Program $12,000

Facilities/Equipment $83,000 Tony Almeida and Irvin Newberry

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2. Satisfying 100% of unmet student financial needs (scholarships and emergency) - increase support from 15% to 30% (210 students) in scholarships - increase Emergency Funding from $15,000 to $20,000

3. Providing continuous funding for updating of current programs, professional development, equipment, technology and selective enhancement of facilities - increase amount and number of Student Impact Grants - increase awareness and funding of Art on Campus - award Con. Ed. Scholarships ($20,000) - Facilities? Equipment? New Programs?

4. Becoming a source for inspirational stories with a focus on the effective communication of RCCC as an educational force and economic engine for the region, state and beyond - create quarterly newsletter - increase Facebook presence - annual scholarship Luncheon - foundation Brochures and professional Annual Report - video for website (testimonials)

5. Creating an active, engaged Alumni Association as part of the Foundation - increase membership from 81 to 200 - involved in Alumni event (20th Anniversary of South?) - redesign website

6. Fully staffed and resourced; engaged at the local, state and national level - add second co-op student - hire/contract part-time accounting and finance assistance - attend CRD annual Conference in November - continue local and state volunteer involvement

7. Receiving 100% participation in giving from the Foundation Board, Board of Trustees, RCCC leadership team, faculty and staff - increase level of contributions 10% from Boards and leadership staff - increase employee donors from 10% to 25%

8. Creating the board of choice for membership - engage Board members for specific and meaningful projects - celebrate success at annual meeting - increase diversity of Board membership

Post Office Box 1595Salisbury, North Carolina 28145

704-216-3459

www.rccc.edu/foundation