Foundation

W.D. "Bill" Brooks is Foundation Dinner Theatre Honoree-April 17, 2010

Scholarships

What We Do	Directors	What You Can Do
Why We Need You	Foundation Grant	Categories
Where To Send Your Gift	How Students Benefit	Directors Ex-Officio
How The Community Benefits	How You Will Benefit	Donors
History of the Foundation	How Faculty and Staff Benefit

SCC Home

History of the Foundation
Founded in 1968, the Southeastern Community College (SCC) Foundation, Inc. is a nonprofit 501 (c)(3) organization that promotes and encourages support of Southeastern Community College. Directors of the SCC Foundation solicit funds through an annual drive and special events such as a dinner theatre and golf tournament. Gifts received are used for student financial aid and student activities, faculty and staff special projects and professional development, the visual and performing arts, investments, and other special needs of the college.

Donors make annual gifts of cash to help meet ongoing student needs; memorial and honor gifts as a tribute to someone special; planned gifts from capital assets; special gifts such as endowed scholarships; and non-cash gifts of real estate, stocks and equipment.

Donors are recognized in the following annual giving categories:

Friends of the College - $25-$99

Century Club - $100-$249

Lantern Society - $250-$499

Bell Society - $500-$999

President's Society - $1,000-$2,499

Summit Society - $2,500 or more

How You Will Benefit
Hundreds of generous and caring donors helped assure a promising future for Columbus County citizens last year. As you join them, you can feel pride in knowing that you are helping to change lives, put hope within reach, and make independence and security a possibility for SCC students.

All gifts are tax deductible as allowed by law.

To make a gift or to ask for more information, write or call:
Sue W. Hawks
Executive Dean of Institutional Advancement
Southeastern Community College Foundation, Inc.
P.O. Box 151
Whiteville, NC 28472
shawks@sccnc.edu
910/642-7141 ext. 320
The SCC Foundation accepts VISA and Mastercard!
Directors

Leon M. Fox Jr.
President
Lake Waccamaw

Patricia W. Ray
Vice-President
Whiteville

Robert F. Aldrich Lake Waccamaw	Sterling G. Koonce Tabor City
Theresa J. Blanks Lake Waccamaw	Robert B. Leder Whiteville
Spruell R. Britt Fair Bluff	J. Danny McNeill Whiteville
W.D. Brooks, Jr. Whiteville	John A. McNeill Jr. Whiteville
John M. Council, Jr. Lake Waccamaw	Carl W. Meares, Jr. Fair Bluff
Richard L. Crutchfield Lake Waccamaw	W. Paul Pope Whiteville
Richard G. Dameron Tabor City	LaDeen Powell Whiteville
Doris S. Dees Chadbourn	Joseph L. Ray Tabor City
Henry J. Edmund Lake Waccamaw	Pat W. Ray Whiteville
Monroe Enzor, Jr. Cerro Gordo	E. Rhone Sasser Whiteville
Jimmy W. Garrell Tabor City	Donna E. Scott Lake Waccamaw
W. Charles Gore Whiteville	Willard D. Small Fair Bluff
Jim Graham Whiteville	Stephen M. Smith Whiteville
James C. High Whiteville	Fredrica W. Stell Whiteville
John D. Hodgson Whiteville	Ivan D. Wilson Lake Waccamaw
E.W. "Butch" Hooks Chadbourn	O. Richard Wright Tabor City
Terry Mann Whiteville	Ray B. Wyche Hallsboro

DIRECTORS EX-OFFICIO

Treasurer
Betty Jo Ramsey
Lake Waccamaw

Recording Secretary
Sue W. Hawks
Whiteville

Secretary
Kathy S. Matlock
Whiteville

Why We Need You
We believe that adults in southeastern North Carolina should have every chance to develop their abilities to the fullest. They need educational, economic, social and cultural opportunities to help them accomplish their goals and achieve a bright future. Southeastern Community College is here to provide these programs and services, but tax dollars are not sufficient to pay for them. The SCC Foundation is looking for partners to help provide annual support and build an endowment for the future.

What We Do
Since 1968, directors of the Southeastern Community College (SCC) Foundation have asked for and accepted gifts from individuals and businesses on behalf of the college. The SCC Foundation uses the gifts for student financial aid and student activities, faculty and staff special projects and professional development, the visual and performing arts, investments, and other special needs of the college.

How Students Benefit

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In 2008-2009, aid from the SCC Foundation helped leverage more than $4,321247 in federal grants, loans, and work programs for SCC students. Students received $164,613 in financial assistance from the SCC Foundation.

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Educational, social and cultural activities helped enrich student lives. The Ambassador Program helps to develop valuable leadership skills.

How Faculty and Staff Benefit

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Interest free computer loans are offered allowing employees to maintain computer skills. Four hundred and ninety-one loans totaling $792,300 have been made since the beginning of the program in 1989.

- Professional development opportunities are offered to all faculty and staff through the Foundation's Professional Development grant.

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The C.R. Bailey Development Grant (award to be made to eligible faculty beginning 2009) The Clare R. Bailey Loan Fund was established at Southeastern Community College in 1969 by the late Clare R. Bailey as a memorial to his wife Elizabeth Smith Bailey and his parents, Elroy B. Bailey and Myrtle Clark Bailey. As a result of the increased availability of financial aid grants, the Loan Fund has been inactive during recent years. For that reason, Myrtle Edna Bailey Lasley and Virginia Bailey Harris, daughters of the late Clare R. Bailey in February 2008 proposed that the purpose of the loan fund be converted to one that will serve a greater need and enhance the quality of education at the college. With an additional contribution from Myrtle Edna and her husband Jim Lasley the Clare R. Bailey Family Endowment has been named. The purpose of the endowment shall be to encourage professional development among faculty members in the employ of SCC. The C.R. Bailey Development Grant award will be made annually in July. Details of this award and the application process will be provided through the Institutional Advancement Office to interested applicants.

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Mini-grants are awarded to fund innovative educational projects for students initiated by faculty and staff.

How The Community Benefits

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The Richard F. Burkhardt Fine & Performing Arts Series features internationally acclaimed artists at affordable prices.

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SCC's Upstairs Gallery offers free exhibits of artwork by area, national and international artists.

What You Can Do
We invite you to join us in supporting Southeastern Community College with

-an annual gift of cash to help meet ongoing student needs
-a gift to endow a chair
-a memorial or honor gift as a tribute to someone special
-a planned gift from your capital assets
-a special gift such as an endowed scholarship
-a non cash gift of real estate, stocks or equipment

The following information provides recommendations for categories and levels of giving to the SCC Foundation.

	Endowed Chair The donor contributes an amount necessary to generate earnings that would sustain an identified instructional position for a twelve-month period. The minimum amount to endow a chair is $675,000 based on the average faculty salary and fringe benefits for the 2008-2009 fiscal year and an investment rate of return of four percent.
	Endowed Scholarship The donor contributes an amount necessary to generate earnings that would pay tuition, fees and the cost of books for two semesters. The minimum amount to endow a scholarship for the 20010-20011 academic year is $30,000 based on a tuition rate of $50 per credit hour and an investment rate of return of four percent.
	Other Endowments The donor contributes an amount necessary to generate earnings that would sustain an identified program. The amount of the donation (principal) will depend upon the cost of the activity or program to be endowed, but the minimum recommended amount should be $10,000. Examples of events or programs that could be endowed include performing arts, visual arts, lectures, and campus building or improvement projects.
	Funds Held for Endowment The donor’s ultimate goal is to achieve endowment status by making annual contributions until the desired level of giving is reached. The recommended annual contribution would be 20 percent of the desired endowment so that the goal would be reached in five years. Annual contributions might have to be increased to adjust for increases in tuition or program costs.
	Annual Scholarship The donor chooses not to endow a scholarship but commits to funding a full scholarship (tuition, fees and books) for a minimum of three to five years. The current cost of an annual (two semesters) scholarship is approximately $1,700.
	Annual Contribution (General) The donor contributes to the Foundation during the annual fund drive with the implied intention of making an annual contribution. The gift is not designated for any specific purpose, and no minimum amount is required.
	SCC Employee Contributions SCC employees may make an annual gift or be enrolled in a payroll deduction plan.
	Special Contribution (General) The donor makes a memorial gift in memory of a loved one or in honor of an individual to commemorate a special event or occasion. There is no minimum amount required. The gift is outside of the annual fund drive and there is no expectation regarding future donations. The family of the deceased is notified when a memorial gift is given. the individual being honored will receive a recognition card from the Foundation office
	Designated Gifts The donor makes a gift that is restricted for use by a specific program or activity. No minimum amount is required if the gift is to a program or activity with an established account. If the gift would require establishment of a new account, a minimum gift of $500 is recommended. The gift is outside of the annual fund drive and there is no expectation regarding future donations.

You may designate a gift for a special purpose or let the Foundation use it where it is needed most.

The SCC Foundation is a non-profit 501 (c)(3) corporation.

THANK YOU FOR WHAT YOU MAKE POSSIBLE!