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15 Foundation Annual Report 2016

Foundation Annual Report 2016 - SUNY Erie Documents/2017_06_29 - June 2… · I hope in a small way, my involvement with the Foundation can assist ECC in moving forward. ” – Thomas

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Page 1: Foundation Annual Report 2016 - SUNY Erie Documents/2017_06_29 - June 2… · I hope in a small way, my involvement with the Foundation can assist ECC in moving forward. ” – Thomas

15

Foundation Annual Report 2016

Page 2: Foundation Annual Report 2016 - SUNY Erie Documents/2017_06_29 - June 2… · I hope in a small way, my involvement with the Foundation can assist ECC in moving forward. ” – Thomas

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Foundation Annual Report 2016From the Chairman

Dear Friends:

The Erie Community College Foundation impacts students’ lives daily. It can be

through providing a scholarship, investing in areas of academic excellence or

supporting the college’s strategic initiatives with philanthropic support and guidance.

We invest in our alumni and former students by providing professional development,

connections and social interaction.

The ECC Foundation has increased its assets more than 200 percent in the last fi ve

years. We are proud of our growth and in turn, the additional resources we are able to provide to students and

the college. But our job is not nearly complete. The outstanding staff and board of directors work tirelessly every

day to connect our alumni, donors and friends to the institution. We recognize our strength is greater in numbers

and greater when we all work toward the same outcome. We do not walk this path alone but rather in tandem

with you.

On behalf of the Board of Directors of the Erie Community College and the Foundation staff, I’d like to thank you

for support this year and encourage you to read our 2016 Annual Report on the following pages.

Rick Mason

Chairman

Board of Directors

ECC Foundation Board of DirectorsOffi cersRichard MasonChair

John Schiavone, CPAVice Chair

Robert E. PollockTreasurer

Cynthia SchwartzSecretary

Michael J. FlanaganVice President

Camille P. Wicher, Esq., PhDVice President

Mark L. MartinImmediate Past Chair

MembersJP Folsgaard Bak, Esq.Thomas Baker William R. BasileDennis W. Elsenbeck Lenora Foote '90Mark Gaulin '79Paul A. Lamanna Gregory P. Miller, Esq. Anthony J. Picone '65 Christopher Sansone '93 Thomas W. Schratz, Sr. '72 Susan Swarts Thurman Thomas

VP, Foundation & Alumni RelationsJeffrey Bagel, CFREEx Offi cio

President, Erie Community CollegeJack QuinnEx Offi cio

“I am involved with the Foundation because I am a graduate and appreciate the education I received and completely support the model of

education that ECC provides.” – Mark Gaulin'79

“The education provided by ECC is vital to our community. By being involved in the Foundation I feel that I am contributing to the betterment of the organization and the

betterment of our community.” – Robert Pollock

“As a graduate of ECC, I experienced fi rsthand the many benefi ts of an ECC education. I hope in a small way, my involvement with the

Foundation can assist ECC in moving forward.” – Thomas Schratz '72

Page 3: Foundation Annual Report 2016 - SUNY Erie Documents/2017_06_29 - June 2… · I hope in a small way, my involvement with the Foundation can assist ECC in moving forward. ” – Thomas

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Foundation Annual Report 2016Support and Revenue 2015 2016Contributions $ 424,046 $ 424,585

Program Service Revenue $ 67,808 $ 38,241

Special Events $ 146,002 $ 174,951

Support from Erie Community College $ 224,074 $ 266,467

Admin & Mgt. fees $ 23,784 $ 31,884

Interest & Dividends $ 170,345 $ 127,232

Expenses

2015 2016Programs $ 493,123 $ 450,597

Fundraising $ 44,770 $ 67,415

Administration $ 286,599 $ 317,629

Source: Audited Financial StatementsFiscal Year: September 1 - August 31

Page 4: Foundation Annual Report 2016 - SUNY Erie Documents/2017_06_29 - June 2… · I hope in a small way, my involvement with the Foundation can assist ECC in moving forward. ” – Thomas

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Foundation Annual Report 2016

Assets

2016 Cash & Cash Equivalents $ 731,304

Accounts Receivable $ 7,290

Unconditional Promises to Give $ 160,557

Investments $ 4,101,328

TOTAL $ 5,000,479

Liabilities

2016 Accounts Payable & Accured Liabilities $ 3,475

Obligations Under Remainder Trust $ 162,432

TOTAL $ 165,907

Net Assets

2016 Unrestricted $ 1,293,231

Temporarily Restricted $ 1,597,370

Permanently Restricted $ 1,943,971

TOTAL $ 4,834,572

Source: Audited Financial StatementsAs of August 31, 2016

Page 5: Foundation Annual Report 2016 - SUNY Erie Documents/2017_06_29 - June 2… · I hope in a small way, my involvement with the Foundation can assist ECC in moving forward. ” – Thomas

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Foundation Annual Report 2016

$50 to $99Ms. Margaret Alessi Ms. Lisa Aragona Mr. John Ballow Mr. Bruce Bauer Mr. Daniel Bieger Ms. Barbara Bohlen Mr. & Mrs. Michael Boling Ms. Diane Borowski Mrs. Mary Bubel Ms. Pamela Buehler Mr. Dean Castren Ms. Joan Castro Mr. Michael Catalano, OFS Ms. Kristen Chenelly Mr. George Collins Ms. Lynn Conway Mr. Charles Danzi Mr. Richard Delo Mr. Martin Denecke Ms. Lisa Dicioccio Ms. Ethel Dipaolo Ms. Colleen Doll Ms. Linda Drabik Ms. Barbara Eismann Ms. Nora Carroll Elliott Mr. Perry Figliotti Mr. Raymond Fisher Mr. & Mrs. Kathleen and Brian Freier Ms. Linda Gallagher Dr. Marcia Gellin Ms. Kathy Haney Mr. Jeremy Harrison Mr. Daniel Haymes Mr. & Mrs. David Hoch Ms. Kristine Hoffmeister Ms. Jean Izard Ms. Marguerite Kaczor Mr. Robert Keating Ms. Margaret Kennedy Mr. Michael Kennedy Ms. Michelle Kerr Mr. Dennis Kessler Ms. Sandra Knight Mr. Thomas Kreuder Mr. John Laluk Ms. Dulcy Lecour Mr. Michael Leone Ms. Regina Lettieri Mr. John Leuthe Ms. Barbara Lewandowski Ms. Amy Lill Mr. Stuart Ludwig Mr. Christopher Maugans Mr. Ross McIntyre Mr. Paul McKinnon Mr. James Miller Ms. Patricia Mulligan Ms. Amy Murphy Ms. Susan M Nardozzi Ms. Sylvia Nascimben Network For Good Ms. Jacqueline Paterniti

Ms. Jean Penny Mrs. Danis Piedad Mr. Bruno Pistrin Mr. Jeffrey Renzo Mrs. Winifred Richman Ms. Clarissa Ross Mr. Ward Ruoff Ms. Janet Rusinski Ms. Deborah Schmitt Ms. Marie Schmitz Mr. Bradley Schreiber Mr. Mark Schroeder Ms. Jo Schweitzer Mrs. Judy Silver Mr. John Slisz Mr. Donald Spasiano Ms. Barbara Springer Mr. Carl Stokes Mr. James Stranz Dr. Gary Swistak Mr. Mark Tartaro Mr. & Mrs. Bradley Tichenor Ms. Patricia Ulrich Mr. K William Velia Ms. Janet Vieau Mr. and Mrs. Henry Vitale Mr. Thomas Warren Mr. James Wasmund Mr. Dennis Webber Mr. & Mrs. Marty Weinberger Mr. Michael Weremblewski Mr. Robert Whithed Ms. Brenda Yamin Mr. Robert Zaffram Mr. Morris Ziehm

$100 to $499Ms. Janet Acara Ms. Betty Allen Ms. Joan Amico Mr. Lloyd Arakelian Mr. Neil Arnold Ms. Dorothy Askin Mr. Ronald Bagel Dr. Kenneth Barnes Mr. Derek Bateman Ms. Debra Battistella Mr. Ray Bednarski Dr. Howard Benatovich Dr. Gerald Berkowitz Ms. Robin Bobowicz Mr. Clifford Boncore Mr. John Brennan Dr. Peter Briechle Ms. Sally Bueno Ms. Janine Burton Ms. Carol Buscaglia Ms. Sabrina Caine Mr. Anthony Calandra Ms. Courtney Cameron Ms. Cam Carson Mr. Joseph Chojnacki Dr. Terence Clark Mr. Paul Creighton

Ms. Melissa Day Ms. Rowena DePerio Mr. & Mrs. Eugene Diakowsky Mr. Richard Dixon Mr. Kenneth Donaldson Mr. Frank Dulak Dr. John Eagan Eastcoast Group, LLC Mr. Mark Elevich Mr. Fabio Escobar Dr. Francis Evans Mr. John Foley The Honorable Lenora Foote Mr. Albert Frisina Ms. Mary Garlick Roll Ms. Lynn Gates Mr. James Geary Mr. Christopher Gengo Mr. John Godert Mr. Mark Goldman Mr. Joseph Gonter Mrs. Joy Goudie Ms Colleen Hannen Ms. Barbara Hapeman Mr. Gillard Harrity Mr. Edward Hempling Mr. Daniel Herbeck Ms. Joyce Hetzel Ms. Kathy Hoffman Mr. Paul Holdaway Ms. Marjorie Holland HSBC Philanthropic Programs Mr. Henry Humphreys Ms. Jane Hurley Dr. Marsha Jackson Mr. Peter Jerebko Mr. Carlton Jewitt Ms. Dorothy Johnston Ms. Annette Kajtoch Ms. Kathleen Kennedy Ms. Louise Kieffer Ms. Luanne Kingston Ms. Kristin Klein Wheaton Mr. Stanley Krasinski Mr. James Kraus Mr. Robert Kulczyk Ms. Patricia Lanz Mr. Mark Libassi Mr. & Mrs. Daniel Lill Ms. Jennifer Limer Mr. Charles Lipp Mr. Kevin LoVullo Mr. Adolph Lustenberger Ms. Phyllis MacCameron Mr. James Machtel Ms. Karen Maloney Mr. Richard March Mr. Mark Martin Mr. Richard Mason Mr. Anthony Mauro Mr. Matthew Meier Ms. Lynette Meslinsky Mr. Steve Mullen

Northtown Automotive Companies Mr. & Mrs. Dan Omahen Ms. Mary Beth Orrange Dr. Wayne O’Sullivan Ms. Judith Overs Mr. Benjamin Packer Pahl Associates Marketing/ Communications Mr. Brian Perry Mr. Robert Pollock Ms. Evelyn Post-Dunn Mr. William Prosser Ms. Elizabeth Pujolas Mrs. Anna Reid Mr. Leland Reid Ms. Hope Rektorik Mr. & Mrs. Norm & Diane Reynolds Ms. Josephine Riso Mr. Luis Rodriguez Ms. Cheryl Rogowski Mr. Daniel Rypysc Dr. & Mrs. Richard Schillinger Mr. Mark Sewhuk Mr. Gerard Sheldon Mr. John Sherman Skrobacz & Company, CPA Dr. Joseph Sowinski Mr. Franklin Spina LTD St. Lawrence Business Consultants Ms. Pamela Stachowski Ms. Lynda Stephens Ms. Suzanne Stucker Ms. Susan Swarts Mr. Robert Szynkowski Mr. William Tate Mr. & Mrs. Tim & Colleen Tevens Mr. Earl Timm Dr. William Tobin United Way of Buffalo & Erie County Ms. Audrey Vernon Ms. Mary Vrenna Ms. Sandra Wagner Dr. Richard Waterstrat Mr. Christopher Watson Mr. & Mrs. Lynn Weaver Weldrite Mr. & Mrs. Robert Yalowich Mr. Julius Zebehazy Dr. Kenneth Zieminski

$500 to $999Mr. John Alofs Mr. & Mrs. Jeff & Maryalice Bagel Dr. Timothy Callan CC Products, Inc Ms. Mary Clancy Mr. Kenneth Duke Mr. John Elmore Mr. Michael Flanagan

Mrs. Moira Goldfarb Luxottica Retail Mr. Frank Marracino Mr. Douglas McLeod Mr. Erikson Neilans Optician Society & Training of WNY, Inc PremCom Corporation Ms. Carol Reis Mr. John Schiavone Mr. Thomas Schratz Mr. Mark Stachowski Ms. Rebecca Stock Western Association of Sanitarians Dr. Camille Wicher-Herlovitch Ms. Darley Willis Winning Smiles Pediatric

Dentistry, PLLC

$1,000 to $4,999ASM Int’l Buffalo Chapter Confrerie De La Chaine Des Rotisseurs Foundation Mr. John Danna Ellicott Development Co. Fidelity Charitable Gift Fund KeyBank National Assoc. Trust Division Ms. Louise Kowalski Mr. & Mrs. Richard Penfold Picone Construction Corporation Mrs. Cynthia Schwartz Mr. Paul Stenzel SUNY Empire Div Honors Scholarship Try-It Distributing Co., Inc. Mr. John Wright, RDH/Wright

Smiles Pediatric Denistry

$5,000+ AnonymousMr. Scott Bieler Ms. Myra Conley M&T Charitable Foundation Patrick P. Lee Foundation Scott Electric Foundation, Inc. The Statler FoundationWest Herr Auto Group

In-Kind DonationsNorthtown Automotive CompaniesFord Motor CompanyMr. Robert Murdock/

Transitowne Used Cars of Clarence

Spectrum Dental LaboratoryTransitowne CJDR of

West SenecaWest Herr Automotive GroupWest Herr Dodge, LLC

Thank You to Our Donors

Our donors from 9/1/2015-8/31/2016. Every effort is made to be accurate. If you believe there is an error or omission, please contact Chris Gengo at 716.851.1992 or [email protected]