The National Society of Collegiate Scholars 1
2014 ANNUAL REPORTTHE NATIONAL SOCIETY OF COLLEGIATE SCHOLARS
2 2014 Annual Report
The National Society of Collegiate Scholars2000 M St. NW Suite 600, Washington, DC, 20036
© 2014 The National Society of Collegiate Scholars | All Rights Reserved
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2014 ANNUAL REPORT
CONTENTSLetter From the Founder & Chief Executive Officer
NSCS Mission
NSCS Values
NSCS Members Matter Most
Who We Are
Board of Directors
Community College Honorary & Advisory Board Members
NSCS Honorary Board of Regents
2013 National Leadership Council
2013 Alumni Board
NSCS Chapters
NSCS Growth and Statistics
Inaugural Chapters
Finances
What We Do
NSCS Chapters Make A Difference
NSCS Publications
NSCS Partners
The NSCS Community
The Society of Torch & Laurel
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I hope you are reading this following a summer filled with fun, relaxation, travel, or whatever helps you recharge and flour-ish. The coming of fall is always a great opportunity to pause, catch our breath af-ter busy summers, and find new inspiration to close out the year well.
This year alone, NSCS has reached three enormous milestones that I could only have dreamed about when I founded the organization in 1994. First, we welcomed in February our one millionth lifetime member! I was overjoyed and humbled to realize that a relatively young organi-zation could have impacted so many lives for good. Then, in April, we celebrated our 20th anniversary with a very special gala event that brought together so many of the friends who have been part of our journey – from leaders like the Honorable General Colin Powell, who drew from years of experience to remind us of the impor-tance of service and education, to current chapter officers and members who are using their NSCS experience to shape, chase, and realize their dreams. It was an incredibly significant opportunity to re-flect on the roots of everything we have accomplished, the present life and leader-ship of the organization, and the potential
that lies in the next twenty years. Finally, in July, another crazy idea became a reality when we held the first ever ScholarCon®! Hundreds of students came together for four days of daring to take risks, dreaming of their futures, and discovering the tools, resources, and inspirational relationships that will help them succeed.
I’m so thankful to be able to look back at these achievements – but I don’t intend to stop there! Milestones are also opportunities to look at the future with fresh eyes. When we gather to celebrate our fortieth anniver-sary, what new crazy ideas will we be able to say became reality? What tangible value will we have added to the lives of our next million members? How will we have maintained and developed the member experience so that high-achievers are recognized and elevated at every stage of their lives? These are the questions that will actively shape our efforts as we look ahead because, as we always say, members matter most.
Thank you for helping us reach this point; without each of our members, friends, and partners, this crazy idea could never have become such a thriving community (over one million strong!). I hope you’ll continue the journey with us!
Stephen E. LoflinFounder & Chief Executive OfficerThe National Society of Collegiate Scholars
FROM THE FOUNDER
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WHAT WE BELIEVENSCS Mission: We exist to recognize and elevate high achievers.
NSCS ValuesSCHOLARSHIP
NSCS offers over one million dollars in scholarships each year to help our members attain their goals and commend them for their outstanding aca-demic excellence as well their leadership and service achievements.Schol-arships are one of the most direct ways NSCS impacts our members and we are continually adding new and diverse scholarships to reach and assist as many members as possible.
LEADERSHIP NSCS members are high-achieving students and leaders on campuses nationwide – making leadership an important part of their college career and future goals. Members who are engaged with their campus chapter develop a variety of leadership skills through service, mentorship and net-working, which will help provide transferable skills and a professional edge over others after grad-uation.
SERVICENSCS is comprised of members who go the extra mile to make a difference within their communities. Through service, NSCS members are able to reach out to those with fewer opportunities, take action and initi-ate change in their communities.
Emily Schutzenhofer (left) NLC President 2014-2015, with Rylee Stenberg (right), NLC Member after attending a
2014 board meeting.
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QUOTES & TESTIMONIALSMEMBERS MATTER MOST
“I honestly believe our info session was so packed because we advertised with the promise of a representative from the National Office (I’m sure the free pizza helped too!). Having our Member Engagement Representative at the meeting truly demonstrated to our potential members that the National Office is supportive of the Chapter’s efforts and of the individual students’ academic accomplishments.”JILL MITCHELLChapter Advisor, Northern Virginia Community College
“I love NSCS. It really is a great society that I feel like all college students should strive to be a part of. The opportunities they provide will help you in the long run. I’m getting the experience now that will help me later on in life. Not to forget, they are keeping me on track encouraging me to keep my 3.4 and higher! It’s such a great society.”
RACHEL SOLOMON NSCS Member, Howard University
As a member of NSCS, or more specifically an officer, I’ve learned what it takes to make a successful event come to fruition. To someone who is considering the possibility of joining NSCS, I would say it’s an invaluable society that’s definitely worth becoming a part of because it’s all about the members. Everything we plan and do is to help the members do community service, network, or strengthen some other necessary skill.”
KAYLEE MATHEWSChapter Vice President, Community Service
Rochester Institute of Technology
“I started the Northern Kentucky University chapter and was inspired because I wanted to be able to help students at my school reach their full potential. It is often hard at my university to receive not only financial aid, but also the resources, encouragement, and opportunities that NSCS has to offer. By bringing NSCS to NKU, I was able to reach out to those who needed a little push in the right direction.”
HOLLY RITCHIE NSCS Founding Officer, Northern Kentucky University
Being a part of NSCS is like being a part of a giant nerdy family. NSCS has provided me with friendships with others outside of
my major as well as multiple opportunities for my voice to be heard. When I first joined and became an officer, I knew only one
other person on the officer board. Now, as the president, I feel comfortable voicing my opinions with my board and I love that we
are more than just ‘co-workers,’ we are real friends. My experience with NSCS at UVA have been one of the best parts of my college
experience.” CHI ZHANG
Chapter President, University of Virginia Engaging Race Award Recipient
NSCS provides [community college students] an opportunity to make connections with folks at the institution to which they’re aspiring to transfer so when they get there they already know people and don’t feel lost trying to navigate the maze of a new institution. Having a group that you’re already familiar with to make that transition easier is great. NSCS is student focused so it will give them a leg up if you will, to make that transfer.”
DR. BELLE WHEELAN President, Southern Association of Colleges
and Schools Commission on Colleges & Co-Chair, NSCS Community College Honorary Board
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The National Society of Collegiate Scholars (NSCS)
is an honors organization that recognizes and
elevates high achievers. NSCS provides career and
graduate school connections, leadership and service
opportunities and offers over one million dollars in
scholarships annually. NSCS members are deeply
committed to scholarship, leadership and service
and as a result, are impacting their campus and local
communities every day.
WHO WE ARE
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BOARD OF DIRECTORS Jeff Summer, Chair
FounderTalenginEducation:
B.A., Psychology, Seattle University
Anne BerkowitchCo-founder and CEO of SelectMindsEducation:MBA, Finance, MIT’s Sloan School of ManagementB.S., Applied Math and Biology, Brown University.
Susan HoffSenior Vice President, Community InvestmentUnited Way of Metropolitan Dallas, Inc.Education:B.A., Bilingual/Bicultural Education, Ft. Lewis College
Dr. Stacy L. JonesDirector of Student Involvement and LeadershipUniversity of AlabamaEducation:B.A. Communication (Advertising and Graphic Design), University of AlabamaM.A. Education (Higher Education Administration), University of AlabamaEd.D. Education, University of Alabama
Mira King President National Leadership Council 2013-2014Education:Majoring in Biochemistry and Molecular Biology The Pennsylvania State University
Jillian KinzieAssociate Director, Indiana University Center for Postsecondary Research and the NSSE Institute for Effective Educational PracticeEducation:Ph.D., Higher Education, Indiana University Bloomington
Stephen E. Loflin CEO & Founder The National Society of Collegiate ScholarsEducation:B.S., Marketing, University of South CarolinaM.S., Higher Education, Florida State University
Stephanie MorrillExecutive Vice President National Leadership Council 2013-2014Education:Majoring in Business Administration and MusicUniversity of Nebraska-Lincoln
Larry Solomon Accenture, PhiladelphiaNorth America Operating OfficerEducation:B.S. Business Administration, The State University of New York at Albany
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NSCS HONORARY BOARD OF REGENTS
Joan Ganz CooneyChairman, Sesame Workshop
Marian Wright EdelmanFounder and President, Children’s Defense Fund
Henry Louis Gates, Jr.Director, W.E.B. DuBois Institute for Afro-American Research
Daniel GoldinAdministrator, National Aeronautics and Space Administration (1992-2001)
Vartan GregorianPresident, Carnegie Corporation,New YorkPresident, Brown University (1989-1997)
Alexis M. HermanSecretary of Labor (1997-2001)
Peter R. KannChairman and CEO, Dow Jones & Company (1991-2006)
James V. KimseyFounding CEO and Chairman Emeritus, America Online, Inc.
Wendy KoppCEO and Founder, Teach For America
J.W. Marriott, Jr.Chairman & CEO, Marriott International, Inc.
Federico F. PeñaManaging Partner, Vestar Capital PartnersSecretary of Energy (1997-1998)Secretary of Transportation (1993-1997)
Richard W. RileySecretary of Education (1993-2001)Governor, South Carolina (1979-1987)
Harold T. ShapiroPresident, Princeton University (1988-2001)
William C. Steere, Jr.Chairman Emeritus, Pfizer (since 2001)
Harris WoffordChairman, America’s PromiseCEO, Corporation for National Service (1995-2002)
Bob Woodward Associate Editor, The Washington Post
COMMUNITY COLLEGE ADVISORY BOARD Dr. Paula Gastenveld, Chair
Provost, Southside Virginia Community College
Bruce BermanDirector, College Foundation and Community RelationsGolden West College
Casandra Balssingame PresidentWashington Career and Technical Education Center
Angela Cabellon Director, Department of Human ResourcesMD Department of Human Services
Dr. Charles A. DownsFormer PresidentVirginia Western Community College
Dr. Ramona EdelinExecutive Director DC Public Charter School Association
William Flynn Managing Director EmeritusNational Council for Continuing Education and Training
Dr. Pradeep Ganguly Exectutive Vice President, Prince George’s County Economic Development Corporation
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Dr. Charles A. Green Former ChancellorHouston Community College System
Erica Wheelan Heyse National DirectorThe Congressional Award
Michael Holmes Executive DirectorSLATE Missouri Career Center
Angela LagdameoSr. Analyst, Office of PolicyOffice of the Governor of Maryland
Steve Loflin CEO & FounderNSCS
Carol Belle-Thomas Moss Professor & Media SpecialistCity College of San Francisco
David Silk Camp ManagerPromise Camp Family Guidance, Inc.
Dr. Stanley Viltz Associate Provost for Student AffairsBennett College for Women
Dr. Ronald WilliamsVice PresidentCollege Board
COMMUNITY COLLEGE HONORARY BOARD MEMBERSDr. Belle Wheelan, Co-Chair
PresidentCommission on Colleges, Southern Association of Colleges and Schools
Dr. Charles Downs, Co-ChairFormer PresidentVirginia Western Community College
Dr. Ken AtwaterPresidentHillsborough Community College
Dr. Constance CarrollChancellorSan Diego Community College District
Dr. Jack Daniels, IIIPresident Los Angeles Southwest College
Dr. Charles DassancePresidentCentral Florida Community College
Dr. Roy FloresChancellorPima Community College
Dr. Gregory GrayChancellorRiverside Community College
Dr. Zelema HarrisChancellorSaint Louis Community College
Dr. Brenda HellyerChancellorSan Jacinto College
Dr. Byron McClenneyProject Director & Senior LecturerThe University of Texas at Austin
Dr. Henry ShannonSuperintendent/PresidentChaffey College
Dr. Mary SpanglerChancellorHouston Community College System
Dr. Robert Templin, Jr.PresidentNorthern Virginia Community College
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NATIONAL LEADERSHIP COUNCIL Mira King
NLC President (2013-2014)The Pennsylvania State University, University Park
Stephanie MorrillNLC Executive Vice PresidentUniversity of Nebraska - Lincoln
Marc MangurayUniversity of California, Santa Cruz
Carl PrinterSan Diego State University
Monique ParksUniversity of Colorado Boulder
Kendra MinozaHouston Community College
Daniel KillbackUniversity of Minnesota, Twin Cities
Members of the NSCS National Leadership Council at the 2013 National Leadership Summit in Houston, Texas.
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ALUMNI BOARD Nathaniel Simpson, Chair
NSCS Alumni BoardMorehouse College – 2006
Maryann GriffinNSCS Alumni Board MemberUniversity of Delaware – 2006
Tiffany EdwardsNSCS Alumni Board MemberUniversity of Houston – 2003
Ciara Ginyard, Co-ChairNSCS Alumni BoardSyracuse University – 2002
Jacqueline Gamboa VarelaNSCS Alumni Board MemberUniversity of Texas-El Paso – 2012
NSCS ALUMNI HIGHLIGHTS The NSCS Alumni Board had a successful second term as a full operating board. During the year, the Board implemented strategies to connect with and engage the alumni population. Known as the “sleeping giant” of the NSCS population, NSCS has reached a point where the alumni pop-ulation is larger than the undergraduate member population. The NSCS Alumni Board is proud of elevating and recognizing high achievers through fundraising, engagement, and scholarship.
The Alumni Board contributed to the Thanks a Million scholarship, an initiative to make sure that NSCS could double the scholarship amount available to members, from half a million dollars annually to one million dollars annually. In addi-tion, the Alumni Board raised over $600 for the First in the Family Scholarship Fund, which pro-vides awards to first-generation students, who have fewer financial resources and less financial support than their college-legacy peers.
Throughout the year, the Alumni Board has in-creased its Interaction with undergraduate and alumni NSCS members. Representatives from the Alumni Board attended 10 Induction Cere-monies, two Senior Send-offs, and the 20th An-niversary Gala. In the future, the Alumni Board plans to encourage alumni NSCS members to attend events and engage with undergraduate NSCS members.
To support NSCS’ commitment to alumni scholarship funding, the Alumni Board uses social media, including LinkedIn, Facebook,
and Twitter to promote the Debt Reduction Scholarship and the Geico Graduate Award. The Alumni Board is looking forward to work-ing with the NSCS National Office, as well as corporate sponsors and alumni donors, in the future to establish additional scholarship fund-ing that can be made available to alumni mem-bers
Ciara Ginyard, NSCS Alumni Board Co-Chair and Nathaniel Simpson, NSCS Alumni Board Chair.
NSCS CHAPTERS
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NSCS is a recognized student organization at over 300
campuses, in all 50 states, the District of Columbia and
Puerto Rico. With over one million lifetime members
and growing each year, NSCS offers members
exclusive access to scholarships, career resources,
leadership, networking opportunities and more.
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ALABAMAAuburn University
Jacksonville State University
Lawson State Community College
The University of Alabama
The University of Alabama at Birmingham
University of South Alabama
ALASKAUniversity of Alaska Anchorage
University of Alaska Fairbanks
ARIZONAArizona State University
Mesa Community College
Northern Arizona University
The University of Arizona
ARKANSASArkansas State University
Arkansas Tech University
University of Arkansas
University of Central Arkansas
CALIFORNIACalifornia Polytechnic State University, San Luis Obispo
California State University, Dominguez Hills
California State University, Fresno
California State University, Fullerton
California State University, Long Beach
California State University, Northridge
California State University, San Bernardino
California State University, San Marcus
California State University, Stanislaus
Chapman University
Los Angeles Mission College
Los Angeles Southwest College
Loyola Marymount University
Mills College
Pomona College
San Diego State University
Solano Community College
University of California, Berkeley
University of California, Davis
University of California, Irvine
University of California, Los Angeles
University of California, Merced
University of California, Riverside
University of California, San Diego
University of California, Santa Barbara
University of California, Santa Cruz
University of San Diego
University of San Francisco
University of Southern California
COLORADOColorado State University
Colorado Technical University
Metropolitan State University of Denver
Regis University
University of Colorado Boulder
University of Colorado Denver
University of Denver
University of Northern Colorado
CONNECTICUTFairfield University
University of Connecticut
Western Connecticut State University
DELAWAREDelaware State University
University of Delaware
D.C.American University
Georgetown University
Howard University
The George Washington University
FLORIDAEmbry-Riddle Aeronautical University
Florida A&M University
Florida Atlantic University
Florida International University
Florida Memorial University
Hillsborough Community College
Rollins College
The Florida State University
University of Central Florida
University of Florida
University of Miami
University of North Florida
University of South Florida
GEORGIAColumbus State University
Georgia College & State University
Georgia Institute of Technology
Georgia Perimeter College
Georgia State University
Kennesaw State University
Morehouse College
Paine College
Spelman College
The University of Georgia
University of West Georgia
HAWAIIUniversity of Hawaii at Manoa
IDAHOBoise State University
Idaho State University
Univeristy of Idaho
ILLINOISColumbia College Chicago
DePaul University
Eastern Illinois University
Illinois State University
Loyola University Chicago
Northern Illinois University
Roosevelt University
Saint Xavier University
Southern Illinois University at Edwardsville
University of Illinois at Chicago
University of Illinois at Urbana-Champaign
Western Illinois University
INDIANABall State University
Butler University
DePauw University
Indiana State University
Indiana University Bloomington
Indiana University-Purdue University Indianapolis
Purdue University
University of Evansville
University of Southern Indiana
IOWAIowa State University
The University of Iowa
University of Northern Iowa
KANSASBaker University
Barton Community College
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Fort Hays State University
Kansas State University
The University of Kansas
Wichita State University
KENTUCKYEastern Kentucky University
Morehead State University
Murray State University
Northern Kentucky University
University of Kentucky
University of Louisville
Western Kentucky University
LOUISIANALouisiana State University
Southeastern Louisiana University
The University of Louisiana at Monroe
Tulane University
MAINEThe University of Maine
MARYLANDBaltimore City Community College
Morgan State University
Prince George’s Community College
The Johns Hopkins University
Towson University
University of Maryland
University of Maryland Eastern Shore
University of Maryland, University College
University of Maryland, Baltimore County
MASSACH- USETTSBoston University
Brandeis University
Massachusetts Institute of Technology
University of Massachusetts, Amherst
MICHIGANCentral Michigan University
Eastern Michigan University
Ferris State University
Grand Valley State University
Madonna University
Michigan State University
Saginaw Valley State University
University of Michigan
Wayne State University
Western Michigan University
MINNESOTACrown College
Minnesota State University, Mankato
St. Cloud State University
University of Minnesota, Twin Cities
Winona State University
MISSISSIPPIMississippi State University
The University of Mississippi
The University of Southern Mississippi
MISSOURIMissouri State University
Northwest Missouri State University
Saint Louis University
Truman State University
University of Missouri-Columbia
MONTANAMontana State University
NEBRASKACreighton University
University of Nebraska-Lincoln
NEVADAUniversity of Nevada, Las Vegas
University of Nevada, Reno
NEW HAMPSHIREDartmouth College
Keene State College
Southern New Hampshire University
NEW JERSEYFairleigh Dickinson University
Montclair State University
New Jersey City University
New Jersey Institute of Technology
Princeton University
Ramapo College of New Jersey
Rutgers University, Newark
Rutgers, The State University of New Jersey
Seton Hall University
NEW MEXICONew Mexico State University
The University of New Mexico
NEW YORKBinghamton University
College of Staten Island
Cornell University
Dowling College
Mercy College
New York City College of Technology
Purchase College, SUNY
Queens College
Rochester Institute of Technology
Stony Brook University
Syracuse University
The College at Brockport
The Cooper Union
University at Albany
University at Buffalo
University of Rochester
NORTH CAROLINAAppalachian State University
East Carolina University
North Carolina State University
The University of North Carolina at Chapel Hill
The University of North Carolina at Charlotte
The University of North Carolina at Asheville
University of North Carolina at Greensboro
Wake Forest University
Western Carolina University
Winston-Salem State University
NORTH DAKOTANorth Dakota State University
University of North Dakota
OHIOBowling Green State University
Case Western Reserve University
Kent State University
Miami University
Ohio University
The Ohio State University
The University of Akron
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The University of Toledo
University of Cincinnati
University of Dayton
Wright State University
Youngstown State University
OKLAHOMAOklahoma State University
The University of Oklahoma
OREGONLane Community College
Oregon State University
Portland State University
Southern Oregon University
University of Oregon
Willamette University
PENNSYLVANIADrexel University
La Salle University
Lehigh University
Robert Morris University
Saint Joseph’s University
Temple University
The Pennsylvania State University
University of Pennsylvania
University of Pittsburgh
University of the Arts
Villanova University
PUERTO RICOUniversity of Puerto Rico
University of Puerto Rico-Bayamon
RHODE ISLANDProvidence College
Rhode Island College
University of Rhode Island
SOUTH CAROLINABenedict College
Clemson University
College of Charleston
University of South Carolina
University of South Carolina Upstate
Winthrop University
SOUTH DAKOTAThe University of South Dakota
TENNESSEEMiddle Tennessee State University
Tennessee State University
The University of Tennessee
The University of Tennessee at Chattanooga
TEXASAustin Community College
Baylor University
Eastfield College
Houston Community College
Lone Star CyFair
Midwestern State University
North Lake Community College
Prairie View A&M University
Rice University
San Jacinto College
Southern Methodist University
Stephen F. Austin State University
Texas A&M University
Texas Christian University
Texas Southern University
Texas State University
Texas Tech University
Texas Woman’s University
The University of Texas at Arlington
The University of Texas at Austin
The University of Texas at Dallas
The University of Texas at El Paso
The University of Texas at San Antonio
The University of Texas-Pan American
Trinity University
University of Houston
University of North Texas
University of the Incarnate Word
Wiley College
UTAHSalt Lake Community College
Southern Utah University
Utah State University
Weber State University
VIRGINIAGeorge Mason University
James Madison University
Northern Virginia Community College
Old Dominion University
Radford University
Southside Virginia Community College
The College of William & Mary
University of Mary Washington
University of Virginia
Virginia Commonwealth University
Virginia Polytechnic Institute and State University
VERMONTThe University of Vermont
WASHINGTONEastern Washington University
University of Washington
University of Washington Bothell
Washington State University
Western Washington University
WISCONSINUniversity of Wisconsin - Eau Claire
University of Wisconsin - Madison
University of Wisconsin - Milwaukee
WEST VIRGINIAMarshall University
West Virginia University
WYOMINGUniversity of Wyoming
ONLINEAmerican Military University/American Public University
Argosy University Online
Baker College Online
Capella University
Davenport University
Everest University Online
Franklin University
Jones International University
Kaplan University
NSCS National Chapter
South University
Southern New Hampshire University- Online
Stevens-Henager College
Strayer University
University of Maryland University College
University of Phoenix
Western Governors University
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GROWTH & STATISTICS
Top Ten NSCS Majors
NSCS enjoyed a year of steady growth during the 2013-2014 fiscal
year with the Chapter Development TEAM establishing 14 new
chapters across the country. These inaugural chapters allowed
NSCS to invite and welcome 5,475 new members at brand-new
chapters to the Society.
1) Business 2) Biology 3) Psychology 4) Nursing 5) Accounting 6) Engineering 7) Pre-Medicine 8) Education 9) Mechanical Engineering 10) Computer Science
CO
MPU
TER
SCIE
NC
E
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Inaugural Chapters
Austin Community College9/6/2013
Ohio University 9/12/2013
The University of Texas at Dallas10/17/2013
Colorado Technical University 10/18/2013
Purchase College, SUNY5/8/2013
Prince George’s Community College11/25/2013
Metropolitan State University of Denver1/1/2014
Paine College 2/1/2014
Madonna University 2/1/2014
Southern New Hampshire University2/1/2014
The University of Southern Mississippi 4/1/2014
University of Phoenix 4/1/2014
Jacksonville State University 5/1/2014
Southern New Hampshire University- Online
5/1/2014
Finances
Report of Independent Auditors
Board of DirectorsNational Society of Collegiate ScholarsWashington, DC
We have audited the accompanying financial statements of the National Society of Collegiate Scholars("the Society") which comprise the statements of financial position as of August 31, 2014 and 2013, andthe related statements of activities and cash flows for the years then ended, and the related notes to thefinancial statements.
Management’s Responsibility for the Financial StatementsManagement is responsible for the preparation and fair presentation of these financial statements inaccordance with accounting principles generally accepted in the United States of America; this includesthe design, implementation, and maintenance of internal control relevant to the preparation and fairpresentation of financial statements that are free from material misstatement, whether due to fraud orerror.
Auditor’s ResponsibilityOur responsibility is to express an opinion on these financial statements based on our audits. Weconducted our audits in accordance with auditing standards generally accepted in the United States ofAmerica. Those standards require that we plan and perform the audits to obtain reasonable assuranceabout whether the financial statements are free from material misstatement. An audit involves performingprocedures to obtain audit evidence about the amounts and disclosures in the financial statements. Theprocedures selected depend on the auditor’s judgment, including the assessment of the risks of materialmisstatement of the financial statements, whether due to fraud or error. In making those risk assessments,the auditor considers internal control relevant to the entity’s preparation and fair presentation of thefinancial statements in order to design audit procedures that are appropriate in the circumstances, but notfor the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly,we express no such opinion. An audit also includes evaluating the appropriateness of accounting policiesused and the reasonableness of significant accounting estimates made by management, as well asevaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis forour audit opinion.
OpinionIn our opinion, the financial statements referred to above present fairly, in all material respects, thefinancial position of the Society as of August 31, 2014 and 2013 and the changes in net assets and cashflows for the years then ended in accordance with accounting principles generally accepted in the UnitedStates of America.
Falls Church, VirginiaDecember 4, 2014
National Society of Collegiate Scholars
Statements of Activities
Years ended August 31,2014 2013
Change in unrestricted net assetsRevenueMembership dues $ 8,302,415 $ 7,337,098Conferences, seminars and workshops 304,374 98,317Merchandise sales 188,325 184,698Partnership income 313,267 376,229Other income 35,832 19,473
9,144,213 8,015,815Net assets released from restriction 56,300 214,500
Total revenue 9,200,513 8,230,315
ExpensesProgram services:
Membership 4,536,250 4,273,593Programs 3,343,375 2,237,937Total program services 7,879,625 6,511,530
Supporting services:General and administrative 1,117,614 916,251Total expenses 8,997,239 7,427,781
Change in unrestricted net assets 203,274 802,534
Change in temporarily restricted net assetsContributions 40,000 210,500Net assets released from restriction (56,300) (214,500)Change in temporarily restricted net assets (16,300) (4,000)
Change in net assets 186,974 798,534Net assets, beginning of year 3,006,543 2,208,009
Net assets, end of year $ 3,193,517 $ 3,006,543
See accompanying notes to the financial statements.3
National Society of Collegiate Scholars
Statements of Financial Position
August 31,2014 2013
AssetsCash and cash equivalents $ 2,526,920 $ 2,605,549Accounts receivable 29,582 12,511Deposits 35,871 26,717Prepaid expenses 186,978 234,968Inventory 45,524 48,427Fixed assets, net 632,237 553,176
Total assets $ 3,457,112 $ 3,481,348
Liabilities and net assetsAccounts payable and accrued expenses $ 139,141 $ 396,694Deferred revenue - 4,500Deferred rent 96,089 73,611Capital lease obligation 28,365 -
Total liabilities 263,595 474,805
Net assetsUnrestricted net assets 3,193,517 2,990,243Temporarily restricted net assets - 16,300Total net assets 3,193,517 3,006,543
Total liabilities and net assets $ 3,457,112 $ 3,481,348
See accompanying notes to the financial statements.2
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Scholarship is one of the three pillars of NSCS, and one
of our most important goals is to continuously increase
the financial support we are able to provide through
scholarships distributed to our members each year.
In 2014, NSCS administered, awarded, and made available
over one million dollars in scholarships. These scholarships
helped students reach their goals of studying abroad,
furthering their education with graduate school, creating a
service project or spending a semester learning at sea with
the Semester at Sea program.
WHAT WE DO
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SCHOLARSHIP HIGHLIGHTS Engaging Race Award Through the Engaging Race Award, NSCS members can compete for scholarships that will take their ser-vice initiatives to the next level. NSCS selects the five best applicants and helps fund $2000 towards
their service projects.
2014 RecipientsSARAH KIM University of Houston
“Service has always been a major part of my life. I believe it is one of the few things that
one can do to truly make an actual, positive difference in the community. Earning the sup-
port of NSCS through the Engaging Race Schol-arship inspires me to strive for greatness. I feel that it is a confirmation of my own ideas and abilities as a student, volunteer, and a leader.
This scholarship will enable me to carry out my dream of bringing music to the community. Other student volunteers and I will now be able to use music to help and comfort those in need. With this scholarship, I expect to bring music lessons to stu-dents in the community who may not be able to afford private lessons. I also hope to bring the gift of music to hospitals, senior care homes, and more. I would like to say thank you to the National Society of Collegiate Scholars for giving me the opportuni-ty to make my dream a reality. I would also like to thank the organization’s leaders in advance on be-half of the students, patients, and senior care home residents who will benefit from this scholarship.”
Also a recipient…CHI ZHANG NSCS Chapter President University of Virginia
Community College Transition AwardNSCS offers $2,500 to outstanding community col-lege students who are transferring to a four year institution. This is awarded to help NSCS members make a successful transition to a four-year institution.
2014 RecipientsKEVIN LODER Lane Community College (Transferring to University of Oregon)
“Receiving this award is not only financially helpful, but emotionally supportive as well. Starting at a community college was the right path for me, how-ever, transferring to a university presents the chal-lenges of learning a new campus. I value time on campus outside of classes as much as I do in them, for I believe learning outside of the classroom has been key to my college success. This award amount is equivalent to over three months of part time employment. Now instead of all that time working a cash register at the mall, I can dive deeper into both my studies and my extra-curricular activities, such as the NSCS chapter I’m transferring to at the University of Oregon..”
NICHOLAS BROUSSARD Northern Viriginia Community College (Transferring to Georgetown University)
“I am honored and deeply appreciative to be a recipient of the 2014 NSCS Community College Transition Award. To receive this reward is a re-minder to me that there has been no greater deci-sion in my life then to invest in my own education and I have been fortunate enough that through the pillars of the NSCS organization: Scholarship, Leadership, and Service, I belong to a community filled with individuals that has helped me in that endeavor. Thank you very much. ”
Also a recipient..
IZUCHUKWU ABEL,
University of the District of Columbia (Transferring to Bowie State University)TOTAL
$1,006,957Direct Awards: $676,796Non-Cash/Made Available or dispersed by partners: $330,361
SCHOLARSHIP BREAKDOWN
18 2014 Annual Report
NSCS CHAPTERS MAKE A DIFFERENCENSCS members are deeply committed to scholarship,
leadership and service and as a result, are making
a difference in their campus and local communities
every day.
The National Society of Collegiate Scholars 19
THE 2014 NSCS NATIONAL MARCH TO COLLEGETM DAY This March, middle and high school students in states across the country visited college campuses to be inspired to plan for college as part of their own futures. March to College DayTM is one component of NSCS’ signature service program, Planning to Achieve Collegiate Excellence (PACE). Through year-round men-toring and tutoring throughout the year, along with a college visit, PACE aims to improve high school graduation rates and college readiness. March to College DayTM events are held across the country by individual NSCS chapters that partner with local middle school or high school students from their area. Throughout the day, the visiting students have the opportunity to speak with current college students, learn about classes and life on campus, receive a full tour of the university, and begin to picture themselves living and studying at college one day.
This year, the chapter selected to host the offi-cial National March to College DayTM (NM2CD) was the University of Maryland. On March 6, 2014, the UMD chapter of NSCS welcomed forty excited students from Northwood High School. To start off the morning, members greeted the high school for registration and a high-energy kick-off.
The festivities continued on campus with a College Jeopardy Game, followed by a stu-dent panel and discussion with UMD students. From there, the high school students experi-enced typical college dining by having lunch on campus in the Adele H. Stamp Student Union. After lunch, the Northwood students attended a discussion about admissions and what they can already start doing to prepare for college. The day then concluded with a full campus tour hosted by the UMD Admis-sions Office.
When high school students don’t know anyone who attended college, planning to enroll them-
selves is an intangible goal. Through NM2CD, younger students experience for themselves what the future could look like after they finish high school and pursue higher education. In addition to fortifying the real attainability of col-lege acceptance, young students become aware of the financial support available if they continue to work hard, which provides one more incentive to encourage high school graduation, collegiate success, and a brighter future.
High school students participating in an activity for NSCS National March to CollegeTM Day.
High school students visiting the University of Maryland For National March to CollegeTM Day
20 2014 Annual Report
UNIVERSITY OF TEXAS AT ARLINGTON NAMED OUTSTANDING STUDENT ORGANIZATION Out of more than 300 student organizations at the University of Texas at Arlington, the UTA chapter of NSCS has been named Outstanding Student Organization for the 2013-2014 school year. Deemed the highest award available to all student clubs and organizations on campus, this NSCS chapter swept the competition and claimed this best-overall honor, which they attribute to the number and quality of activities they organized.
The NSCS chapter started the year off strong in September. Along with other UTA student
groups, they formed a volunteer team for River Legacy’s W.A.T.E.R. Festival to raise awareness of water-related conservation issues.
“It was a day to educate children through interac-tive stations about the importance of preserving our most precious resource,” says NSCS Chapter President Reesha Ahmed. “Children could pick out an invertebrate from a pond water sample and look at it through a microscope. The more invertebrates present in a sample, the cleaner the water. Children could test the pH of the water by doing a litmus test,” says Ahmed.
NSCS members at Ball State University participate in the NLC and USO Letter Writing Campaign
Syrian Refugee Clothes Drive; (From left to right) President Reesha Ahmed, VP of Public Relations Stephanie Gutierrez; VP of Community
Service Filza Khan, Historian Arlina Lara
The National Society of Collegiate Scholars 21
NSCS Members at the University of Louisville
NSCS Members at Michigan State UniversityUTA NSCS’ March to College Day 2014
UTA NSCS volunteering for Mission Arlington
UTA NSCS volunteering for Trinity Trash Bash
In addition, the chapter also held two successful, campus-wide donation drives. In November, they collected 20 boxes of much needed items Terrell State Hospital, a state-funded psychiatric center. Items intended to help restore a sense of normal-cy for patients included hygiene products, read-ing glasses, card or board games, sketchbooks, DVD’s, winter coats, and more. Another drive re-sulted in five cars being filled with clothing for Syrian refugees in Turkey. NSCS at UTA also conducts a PACE (Planning to Achieve Collegiate Excellence) program through-out the year, during which they visit local elementa-ry school students weekly to provide tutoring and mentorship. This March, the PACE program cul-
minated in March to College Day, which brought middle school students to UTA for a campus tour, scavenger hunt, and discussion about college life.
Social events throughout the year allowed mem-bers to get to know other high-achieving, ser-vice-minded peers. The chapter relaxed with mov-ie nights, pizza socials, and breakfast with their advisor.
Reesha Ahmed served as Chapter President throughout the award-winning year. She said, “We were honored to receive this award. NSCS has completely changed my college experience and I’m glad that we were able to make a mark on the campus and in the community.”
NSCS PUBLICATIONS
22 2014 Annual Report
NSCS produces several high quality publications each year
to connect with and update members and supporters.
The National Society of Collegiate Scholars 23
Members have a unique opportunity to have their creative work published in The Collegiate Scholar, NSCS’ literary magazine that is published once a year during the spring semester.
The official magazine of The National Society of Collegiate Scholars, Society magazine includes highlights from the national office and chapters, scholarship recipients’ stories and more.
NSCS PARTNERS
24 2014 Annual Report
NSCS collaborates with many great organizations who
share our values and commitment to ensuring our
members have access to resources and opportunities that
will help them succeed.
The National Society of Collegiate Scholars 25
CAREER PARTNERS Accenture
Dolly Wolf - One Day Immersion
Dream CareersLiberty MutualStudy Hall
Teach for AmericaTFAS (DC Internships)Universum
EDUCATION PARTNERS2U
Discover Student Loans
GradSchoolMatch.com
GRE
Hult International Business SchoolKaplanNovaDebt Pearson
Princeton ReviewSmarterbucks
Washington Media Scholars
EVERYDAY PARTNERSAffinity ConsultantsDiscover Credit CardsGEICOLenovo
MetlifeNSCS BookstoreNSCS Bookstore (widget)
Pijon
Red GiantRetail BenefitsRx Cut CardScholarPerks
SERVICE PARTNERSBetter World BooksCo-Founders Lab
The Fuller CenterThe Fuller Center for Housing
USO
SCHOLARCON® PARTNERSRed Bull
TRAVEL PARTNERSDollar Envision
Hertz
NSCS Car RentalNSCS Hotel FinderThrifty
THE NSCS COMMUNITYNSCS’s social media presence is not only growing, but evolving with our member and prospective member demographics. Social media has become a key communications channel for member benefits, scholarships, partners, celebratory news, chapter events and NSCS programs.
Our Facebook presence grew to well over 75,000 fans, our Twitter account is picking up with over 5,000 followers and our LinkedIn group hit 12,000 mem-bers. We launched both an Instagram and a Tumblr account, which we are looking to grow in 2014 in response to the new generation of NSCS scholars. Our Alumni Facebook and Twitter accounts were launched this year and are growing rapidly.
Our strategy has changed from en-gagement focused, to leveraging our social media networks for marketing communications. We can now see our social media community as a revenue source and a key communications channel for our NSCS initiatives.
26 2014 Annual Report
88,387 FANS
AVERAGE VIEWS PER POST
14%FAN GROWTH
YEAR OVER YEAR
FANS LIKED NSCS IN ONE YEAR
AVERAGE IMPRESSION PER POST:
The National Society of Collegiate Scholars 27
28 2014 Annual Report
THE SOCIETY OF TORCH AND LAUREL
About It’s been less than a year since The Society of Torch & Laurel began to recognize high school students, and about 7,000 have already be-come Torch & Laurel Scholars. Here’s how Torch & Laurel helps prepare them to be high-achiev-ing college freshmen.
EligabilityHigh school sophomores, juniors, or seniors who meet at least one of the following criteria are eligible to join The Society of Torch & Lau-rel: SAT score of 1900, PSAT score of 190, ACT score of 27, or GPA of 3.5 or above.
3.5+ G.P.A.
190 PSAT
1900 SAT
27 ACT
is an honors program developed by The National Society of Collegiate Scholars to support high school high achievers and their families in making a successful transition to college.
Access to more than $100,000 in col-lege scholarships
Opportunity to participate in The Torch & Laurel Mentorship Program
Opportunity for Torch & Laurel Seniors to participate in ScholarCon®, a conference for collegiate high-achievers
Advice on all things college for both scholars and their families
Discounts on services ranging from Princeton Review prep courses to Lenovo laptop and desktop discounts
Torch & Laurel Student Perks
How to Join: Participation in the program is free-- there are no dues or fees. If you received your invitation, visit torchandlaurel.org/join to enter your invitation code and complete the process. If you’re eligible and didn’t receive an invitation, please visit torchandlaurel.org/selfnominate for further instructions.
The National Society of Collegiate Scholars 29
Student participating in The Society of Torch & Laurel Mentorship Program
2014 College Bound Award Scholarship Recipients
ASA COOKWashington University
in St. Louis
CALLIE DENGJohns Hopkins
University
JULIANNE GOODMAN University of Pennsylvania
LIZZIE ROBERT Baylor
University
Partners and BenefitsTHE SOCIETY OF TORCH & LAUREL MENTORSHIP PROGRAMThis fall, Torch & Laurel Scholars were invited to complete an application to be matched with a member of The National Society of Collegiate Scholars who shares their intended major, interests, or attends one of their top choice colleges. The mentors will be provided a curricu-lum so that all important aspects of the college transition are discussed over the school year.
THE CONGRESS OF FUTURE MEDICAL LEADERSGreat studiers aren’t born, they’re made. We will teach you the secret sauce to studying. When you log into study, Study Sauce automati-cally detects good and bad study behaviors. You are already putting in the time, use it effectively! Become a great studier and improve your retention, performance, and your grades.
Logo coming from Marie
30 2014 Annual Report
2014 SCHOLARCON® DIARYBy Marc MangurayUniversity of California, Santa CruzNational Leadership Council Board Member
Day One: ScholarConverge
I trickled into the registration table along with some new faces. A couple of officer training sessions, led by the friendly staff and joined by one or two NLC members, were held in the convention rooms. Those sessions were generally informative, and the staff were eager to answer the questions that we threw at them.
I learned about the new techniques, programs, and solutions that might be able to help my home NSCS chapter evolve and grow! NLC also had their own panel where they answered questions about who they are and what they do for the society.
Then things started to get crazy! We had contests, more dancing, and chocolate desserts! Tom Deluca, an eccentric hypnotist by no exaggeration, seized the center stage and mesmerized us with the mystery of hypnosis and the power of suggestion. Tom even slipped a nice lesson into the show about how our subconscious is powerful, and how negative and positive outlooks can change the course of our actions. Volunteers had to openly step outside their bubbles to participate in the incredibly interactive soiree. By the end of the show, everyone had their fill of laughter and bonding.
Day Two: ScholarConvene
Breakfast began with a running start. The room was alive! Mr. Steve Loflin took the stage with inspiring words. With over a million members and two decades, NSCS’ founder explored where the society is headed next. Follow-ing him, Grace Bush and Jullien Gordon inspired us to pursue our passions and to reach beyond that 4.0 GPA. Though Grace and Jullien shared their amazing success sto-ries, it was eye opening and humbling to have them share almost the same struggles, anxieties, and pressures we were all facing. I realized my dreams were reachable if I strived enough for them; that “goal” would be incomplete without “go.”
30 2014 Annual Report
Marc Manguray with fellow NLC members at ScholarCon®!
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2014 SCHOLARCON® DIARY
The National Society of Collegiate Scholars 31
Afterward, NSCS members attended Leadership Summit. Everyone dressed in their best business ca-sual suits for the Honor Gala Luncheon. There, fancy food was enjoyed, photos taken, and conversa-tions exchanged as Bronze, Silver, Gold, Platinum, and Diamond STAR Statuses were awarded to their
respective chapters. Day Three: ScholarConnect
I was especially excited for day three, industry celebrities and entrepreneurs such as Eric Kuhn, Jerry Greenfield, Jenna Bush, and Russel Romanella from NASA! There were so many exciting panels to visit. There were countless of new insights, stories, and ice cream, courtesy of Jerry Greenfield, which each and every one of us at Scholarcon would take to heart during the presentations.
The musical genius of John Legend and his call for humanitarians inspired the rest of the evening. While talking about his life story, “The Opposite of Love is Fear”, and his struggles with his parent’s divorce, John amusingly sneaked his song lyrics into his speech. Legend swooned the audience with his soulful timbre and classic R&B hits like “Tonight” and “All of me”. After the concert, Scholarcon 2015 was an-nounced.
But the party wasn’t over! Scholarcon was coming to a close, but beach balls, bass drops, and conga lines dominated the dance floor as friends, who were previously strangers, shared sweat, dance moves, and tears of farewell. The music carried on until the last dancer was exhausted and final goodbyes were exchanged. It was an emotional rollercoaster ride that brought on new friendships, new ideas, and new stories.
Looking back at all the hours spent exploring, dancing, screaming, and networking, I realized that three days wasn’t enough for me to take in the overwhelmingly “unconventional” convention. My new friends were spread across the country and I probably won’t see many of them for a very long time, so it’s bit-tersweet. I’ve learned many life lessons and I’ve made many friends that I am surely going to contact when I have access to Facebook. Through it all, Scholarcon was a heck of an adventure.
Epic Celebrations!
nscs.org
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