Endowment Growth Initiative

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MOTT COMMUNITY COLLEGE’S
Endowment Growth
Initiative
S U S TA I N I N G T H E F U T U R E
T H E F O U N D AT I O N F O R M O T T C O M M U N I T Y C O L L E G E
EDUCATION IN THE 21ST CENTURY
President’s Message
Mott Community College has been educating and training workers for more than 80 years. We have
supplied professionals, semi-professionals and skilled trade employees to a national economy always
in need of service personnel and state-of-the-art technicians. Our graduates have kept our local
economy moving forward as business leaders, nurses, dental assistants, accountants, hospitality
employees, automotive technicians, and child development providers. As President of MCC, I am
proud of the role our graduates and the institution have played in filling necessary jobs for improved
technologies across the country.
At the dawn of the 21st century, it is clear that education is changing as quickly as the technologies
we serve. To remain effective as a viable supplier and partner in economic development, we must
forge a more efficient financial stream to stem the reactive downturns occurring across the nation in
both education and business. To remain largely dependent upon the traditional means of support including government revenue sharing and state aid - appears shortsighted if not outright irresponsible to the economic health of our entire region.
As one of mid-Michigan's largest suppliers of fully-trained employees for literally thousands of jobs,
we are strengthening our service with stronger ties to the business community and commerce leaders
who depend upon us for their employees and the success of their enterprises. We are confident that
there are many people, including more than a quarter of a million alumni, who know of the new
challenges of providing a quality education in an economy that is demanding change at every level.
Over the next year, we are approaching the leaders of this community, as well as thousands of
beneficiaries of MCC's educational and training programs. We are asking not only their input on
MCC's continued educational service to students throughout the region, but also suggestions to
further improve MCC's provisions to respective corporations. At the same time, we are seeking
significant financial support, particularly from those beneficiaries who can work with us to create
even closer joint ventures to the benefit of students and employers alike.
This brochure represents the most effective ways to financially support MCC in the 21st century.
It describes how contributions will be used to support health sciences, technology initiatives, math
and science, as well as the fine arts. It details various ways to make a financial donation with
minimum disruption to the benefactor's financial portfolio. And it includes our financial support
goals over the next three years.
I encourage you to join us in creating a responsible, self-sustaining financial stream for Mott
Community College in the 21st century. As a beneficiary of our education and training now and in
years to come, I welcome you in forging this new course for MCC.
Sincerely,
M. Richard Shaink, Ph.D.
President, Mott Community College
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SUSTAINING THE FUTURE
The Past
Over 80 years ago, Mott Community College was founded
in a very different world. Known at the time as Flint Junior
College, it was housed in a few rooms within Central High
School and had a total enrollment of 114 students.
The Present
Today, Mott Community College enrollment stands at more
than 10,000 students in traditional academic programs in
addition to over 4,000 students in non-academic programs
such as business, commercial and industrial training. From
those few rooms in Central High School, MCC's main campus encompasses over 60 acres with active campuses in
Fenton, Lapeer, Howell and Clio.
In a very real sense, Mott Community College is the "common ground" for our community. MCC became what it is because enlightened, far-seeing individuals were willing to give of themselves. For over 80 years Mott Community College has endured and
thrived, changing hundreds of thousands of lives and strengthening the community. Throughout
those years, individuals stepped forward time and time again to make a difference through Mott
Community College.
The Future
The Foundation for Mott Community College has built a comprehensive partnership effort to create
endowments and further our private-sector resource development program.
Ultimately, the endowment effort will provide the necessary financial means to sustain the future of
MCC. Successful endowments will allow us to not only maintain our current facilities and programs, but will also allow Mott Community College to remain a strong anchor in the community
and maintain the high quality of education. This fund will use interest dollars to continue our outstanding operations while the endowed funds remain intact.
In recognition of donor support, we will create an historical legacy of those who had the vision to
sustain the future for us all. Benefactors who step up to the challenges of today and tomorrow may
be honored by having a facility, a classroom or even a roadway on the MCC campus named. This is
one way to recognize those individuals who make personal sacrifices to sustain the future for this
college and the community it serves.
The Path
Projects on which we are focusing our endowment efforts include the new Visual Arts and Design
Center, the Regional Technology Center, the Gorman Science Center, the Mott College Library and
the Marie Prahl College Center. Each facility offers numerous opportunities for recognition of those
far-sighted individuals able and willing to help build the college endowment for future generations.
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GIVING OPPORTUNITIES
The establishment of significant endowments will provide the
necessary financial means to sustain the future of MCC.
Successful endowments will allow us to not only maintain our
current facilities and programs, but they will also allow Mott
Community College to continue into the future. Such funds
will use interest dollars to continue our outstanding operations
while the endowed funds remain intact.
AREAS OF FOCUS
Following are programs on which we are focusing our
endowment efforts. Each area offers numerous opportunities
for recognition.
Alumni Initiatives
Business
Fine Arts
Health Sciences
Humanities
Math & Science Initiatives
Quest Center
Social Sciences
Student Scholarships
Technology Initiatives
Visual Arts & Design Center
The initiatives listed above each have their own recognition
opportunities based on the level of the contribution.
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MOTT COMMUNITY COLLEGE
ENDOWMENT GROWTH INITIATIVE
The three-year campaign goal is $3,000,000.
Please look at the following levels of giving to best suit your philanthropic needs.
LEVELS OF GIVING
500,000 to $1 million
$
250,000 to $499,999
$
100,000 to $249,999
$
Philanthropic Society
75,000 to $99,999
$
50,000 to $74,999
$
Millennium Society
25,000 to $49,999
$
10,000 to $24,999
$
Legacy Society
5,000 to $9,999
$
2,500 to $4,999
$
1,000 to $2,499
$
Ambassador Society
500 to $999
$
250 to $499
$
100 to $249
$
Benefactor Society
To discuss your giving wishes, please feel free to contact
The Foundation for Mott Community College at
810.762.0425 • www.foundation.mcc.edu
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WAYS YOU CAN MAKE A GIFT
Gifts can be given via cash, check, credit card or in the following ways:
Unrestricted Gift
Your gift will be used to meet the greatest needs of the college and our students.
Designated Gift
You may designate your gift for a specific program or department such as nursing, business or for other
areas of the college such as the Gorman Science Center or the Regional Technology Center.
Pledges
Substantial gifts from businesses and individuals can be pledged. Major gifts may be given in the form
of multi-year pledges.
Gifts In-Kind
Businesses can supply needed equipment, services or materials and are encouraged to consider in-kind
gifts as another way of showing project support.
Appreciated Property
Gifts of appreciated property, such as securities, provide an avenue for making a charitable contribution.
Gifts of this nature offer significant tax advantages.
Gifts - A Lasting Remembrance
• TRIBUTE GIFTS to the Foundation for MCC are excellent ways to remember someone
special. They may be made in memory or recognition of alumni, a special friend, or a family
member.
•
•
•
•
RECOGNITION GIFTS may honor birthdays, anniversaries or a friend's thoughtfulness.
MEMORIAL GIFTS are often made in lieu of sending flowers.
SCHOLARSHIPS may be made in memory of or in honor of someone.
PLANNED GIVING is more than a brilliant deduction! Planned giving refers to the
process of making a charitable gift of a portion of your estate assets to your favorite programs of
Mott Community College.
Some of the options include:
• Wills and Bequests
• Charitable Gift Annuities
• Charitable Remainder Trusts
• Insurance
• Properties
• Securities
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Endowments
• NAMED ENDOWMENT
With a commitment of $10,000 or more you may name an
endowment for yourself, your company or a person of your choice. This commitment can be
pledged over a period of time.
•
TRUE PERMANENT ENDOWMENT
•
RESTRICTED The donor specifies use for the endowment.
UNRESTRICTED Available income can be used at the institution's discretion.
•
The donor makes the gift, specifies it to
be invested in perpetuity, and the principal remains untouched.
Gifts to the Foundation are tax-deductible to the full extent of the law. All donors will receive
recognition for their generosity as discussed with the Foundation and the donor.
The Foundation for Mott Community College is a 501(C)3 non-profit organization established in
1986. The major purpose of the Foundation is to acquire and distribute resources to students,
faculty, staff, and the educational, literary, multicultural, and other activities of MCC, which build
worth and advance excellence by adding value to individuals and richness to the community.
For more information about these giving opportunities, please contact:
Lennetta B. Coney, President
The Foundation for Mott Community College, 1401 E. Court St., Flint, Michigan 48503
(810) 762-0425 Fax (810) 762-0561
lconey@mcc.edu • www.foundation.mcc.edu
FOUNDATION FOR MCC BOARD OF DIRECTORS
Douglas P. Bacon, Chair
Richard Shick, D.D.S., M.S., Vice Chair
Raymond Curtin, Treasurer
Fleming Barbour, M.D., Emeritus, Posthumous
Ruth Rawlings Mott, Emeritus, Posthumous
Joseph H. Black, R. Jean Butler, Lenore Croudy, Frank DeLorenzo, Hector Garcia, Ed.D., Fay Joseph,
Jimmy King, Debra L. Martin, Edward A. Mitchell, Laurie Moncrieff, Sixto Olivo, Diane Parker,
Reuben Pettiford, Jim Rice, Bob Roth, Wayne Schaeffer, Gloria J. Scruggs,
M. Richard Shaink, Ph.D., MCC President, Fred Shaltz, Julius Spears, Helene Streich,
Carolyn Stubbs, William Wolski, Ph.D., Lennetta Coney, Foundation President
ENDOWMENT GROWTH INITIATIVE COUNCIL
Olof Karlstrom, Chair, Douglas Bacon, William Blamer, Ph. D., Linda Barber, Ruben Burks,
Jack Carlsen, Jr., John Chinonis, William Churchill, Jr., William Churchill, Sr., Mary Coleman,
Lennetta Coney, Lenore Croudy, Juanita Crump, Raymond Curtin, Stephany Diana,
Loyst Fletcher, Esq., Hector Garcia, Ed.D., Honorable Paul Gadola, Ernest Hamady, Harriet Kenworthy,
Jimmy King, Billie Lewis, M.D., Diane Lindholm, Pamela Loving, Lauretta Montini,
Samuel Morello, Paul Rozycki, Wayne Schaeffer, M. Richard Shaink, Ph.D.,
Richard Shick, D.D.S., M.S., Dr. John Snell, Jr., Woodrow Stanley, Helene Streich, Carolyn Stubbs,
Dr. Roger VanBolt, Honorable Thomas Yeotis
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MOTT COMMUNITY COLLEGE
BOARD OF TRUSTEES
Lenore Croudy, Chair
Dr. John L. Snell, Jr., Vice Chair
Albert J. Koegel, Treasurer
Fr. James B. Bettendorf, D. Min., Secretary
Ehren J. Gonzales
Jimmy King
Celia M. Turner
M. Richard Shaink, Ph.D.
Mott Community College President
T H E F O U N D AT I O N F O R M O T T C O M M U N I T Y C O L L E G E
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