2011-201 2 ANNUAL REPORT Mission College Possible is a 501(c)(3) nonprofit making college admission and success possible for low-income students through an intensive curriculum of coaching and support. Services include: • Academic support through ACT/SAT test preparation • College application assistance • Financial aid consulting We envision a day when the future • Guidance in the college transition of America’s children is determined • Comprehensive support toward solely by their talent, motivation and college degree completion effort. Table of Contents Message from College Possible Leadership 4 Program Description 5 Growth Plan 6-7 Evaluation and Recognition 8 Innovative Model 9 High School Program Junior Year 10-11 High School Program Senior Year 12-13 College Program 14-15 College Planning Workshops 16-17 AmeriCorps Year of Service 18-19 Organizational Culture 20-21 2011-12 Donors 22-31 Statement of Activities 32 Statement of Financial Position 33 Statement of Functional Expenses 34 Independent Auditor’s Report Statement 35 A Message from College Possible Leadership College Possible students are earning college degrees at ten times the rate of their peers. According to a recent Harvard study, College Possible students are twice as likely to enroll in a four-year college or university as students with similar backgrounds. Once on campus, College Possible students are graduating at five times the rate of other low-income students. Over the past 12 years, College Possible’s proven model has served more than 50,000 students through our programs, but the socioeconomic achievement gap persists. Students from upper-income families are ten times more likely to earn a college degree by age 24 than their low-income peers, even though a college degree offers the likeliest path out of poverty. Having achieved unprecedented results, we feel an imperative to bring our services to the thousands of students who need them across the country each year. Levi Downs, MD College Possible Board Chair & University of Minnesota Medical School Associate Professor College Possible is progressing toward our goal of reaching 20,000 students in 10 cities annually by 2020, as outlined in our strategic plan. This fall, the Board of Directors approved Portland, Oregon, as College Possible’s fourth site. With school partnerships already in place, we will serve our first Portland students this spring. College Possible’s results continued to be top-of-field in 2011-12 while serving more students than ever before. In addition, College Possible earned national recognition by receiving the Community Partnership Award from Mutual of America, and Jim McCorkell was honored as the sole recipient of Harvard Kennedy School’s Alumni Achievement Award. College Possible was also recently selected from hundreds of nominations spanning 40 countries to receive the Citi/Financial Times Ingenuity Award for Education. Laura Gillund College Possible Board Vice-Chair & Human Resources Executive “When I joined College Possible someone was telling me for the first time that I could do this and that college really was possible,” said Rosa Sanchez, Saint Joan Antida High School Class of 2012. After being accepted to six colleges, this fall she is attending Marquette University loan-free. We believe in the power of a college degree and the doors it can open. Thank you for supporting Rosa and the nearly 12,000 students we will serve in 2012-13 as they live up to their potential and capture the future they deserve. 4 College possible annual report 2011-2012 Jim McCorkell College Possible CEO Systemic change Students from upper-income families are ten times more likely to earn a college degree than their low-income peers, yet the surest path out of poverty is a college degree. College Possible creates systemic change by closing the college access gap for low-income students, thereby putting an end to multi-generational poverty for low-income families. Program College Possible makes College Graduation Possible for low-income students. high school students in the program receive 320 hours of direct support 12,000 over two years through after-school programming led by americorps coaches. Students continue to receive coaching and support through the completion of Their college degree. students are being served by College Possible in the 2012-2013 academic year across four metro areas: Minnesota’s Twin Cities; Milwaukee, Wisconsin; Omaha, Nebraska; and Portland, Oregon. Open a world of opportunity 5 Expansion to Portland In 2012, College Possible was Recruited into Portland, Oregon, by local leaders committed to making ITs proven model part of The community’s solution for closing the achievement gap. Today, only 28% of Oregonians complete their college degree, Yet the state needs 123,000 new postsecondary educated workers by 2018. Portland’s partnership with College Possible is putting a College Degree within reach of more of its students. College Possible IS Looking for other visionary Leaders ready to champion its Program in Their Communities. Champions & Funders Stephanie Sampedro, Catherine Ryan Gregory And David Corby (Not Pictured), College Possible Portland Americorps vistas 2012-13 Fred W. Fields Fund of The Oregon Community Foundation Mark Langseth M.J. Murdock Charitable Trust The Renaissance Foundation Ken Thrasher Christine and David L. Vernier Fund of The Oregon Community Foundation R and D Warner Fund of The Oregon Community Foundation Partner SChool districts David Douglas School District Gresham-Barlow School District Reynolds School District 6 College possible annual report 2011-2012 “The programming this award-winning nonprofit offers is precisely the sort of partner-oriented model we see as critical to our efforts to increase the college matriculation rate of youth.” Sam Adams, Portland Mayor 2009-12 National growth plan After completing a strategic planning process with help from McKinsey & serving 12,000 students in Minnesota’s Twin Cities; Milwaukee, Wisconsin; Omaha, Nebraska; and Portland, Oregon, College Possible plans to grow to serve 20,000 students in 10 cities annually by 2020. Number of Sites Company, College Possible launched its national expansion in 2010. Currently 10 20,000 students 8 6 4 2 2011 2015 2020 National Investors College Possible is building a $10 million growth fund to support national replication and create widespread impact. New Profit, a venture philanthropy fund providing strategic planning support and $1 million in financing, will support College Possible over four years. “ College Possible continues to produce a growing body of evidence that it is both a wise and timely investment. Their cost-effective program model has achieved significant results and is well-positioned for replication and field leadership.” Tulaine Montgomery, Partner, New Profit Inc. Open a world of opportunity 7 evaluation A 2011 Harvard study shows that College Possible more than doubles the chance a low-income student will enroll in a four-year college or university. The evaluation, a historical comparison analysis spanning multiple years, was conducted by researcher Dr. Chris Avery by comparing College Possible students to their similar profile peers who did not participate in the program. Dr. Avery is also National Recognition Ingenuity Award for Education Citi/Financial Times Community Partnership Award Mutual of America Foundation College Access Organization Award of Excellence National College Access Network Human Relations Award National Association for College Admission Counseling conducting a randomized controlled trial of College Possible’s college access program with results expected in 2013. “Ninety-nine percent of the The following evaluations have also found the [College Possible] class of College Possible model to have exceptional results: 2008 got into college – 99 percent . . . [College Possible] • Social Return on Investment Analysis (2011) • ICF International (2010) now. So imagine if it was 10, or • Wilder Research Foundation (2005) 20 or 50.” operates in just two states President Barack Obama, Remarks on Innovative Nonprofits at a Bipartisan White House Event 8 College possible annual report 2011-2012 Innovative model College Possible was the first organization in the country to harness the power of national service to provide intensive college coaching to lowincome students. Over the past 13 years, College Possible has refined its program to be an efficient model providing top-of-field results. Highly replicable: College Possible has successfully delivered its services in 35 high schools including public, charter and private schools across three diverse metropolitan areas. cost effective: College Possible is one-seventh the cost of similar programs. An independent analysis found College Possible yields a more than 300% return on investment to society over the course of a student’s life. board of directors Levi Downs - Chair University of Minnesota Medical School Kweilin Ellingrud McKinsey & Company Jim McCorkell College Possible Barry Nordstrand Solutran Laura Gillund - Vice-Chair Human Resources Executive Todd Firebaugh Activ8 Inc. Tulaine Montgomery* New Profit Inc. Patrick O’Shaughnessy InZero Systems David MacLennan - Former Chair Cargill, Inc. Sara Gavin Weber Shandwick Julie Moore Ecolab Inc. Thomas Ranese Google Inc. Jody Cornish New Profit Inc. Libby Driscoll Hlavka Community Volunteer Margaret Murphy Anchor Bancorp Stephen Smith Hobsons Libby Carrier Doran LymanDoran David Larson University of Minnesota Board of Regents Michael Newman Travelers, Inc. Alexander Ware* Pohlad Companies *Member joined Board in 2012-13 fiscal year Open a world of opportunity 9 JunioR YEAR What would you do if you had a million dollars? For Benson High School student Donta Crittenden, the answer is simple: “Use that money to help others.” The second youngest of seven kids, Donta cares deeply about family and those around him. He dreams of becoming a therapist so he can help people. Before College Possible, those dreams seemed impossible because no one else in his family had graduated from high school or attended college. The odds against him seemed overwhelming. “I have learned so much from my coaches. I will never forget their effort. Plus, they’re awesome to spend time with.” But Donta is taking the steps necessary to ensure he reaches his dreams. Under the guidance of his College Possible coach, he achieved an impressive 42 percent increase on his ACT score. Thanks to College Possible, he says, he can see the way to a better life. “College Possible is setting me on the path to becoming the person I want to be,” Donta said. “Someday, I will know exactly how to talk to my kids about how to get into college.” Donta Crittenden, Benson High School CLASS OF 2013 10 College possible annual report 2011-2012 Student Requirements College Possible recruits high school sophomores from low-income backgrounds to participate in an intensive two-year program during their junior and senior years of high school. In exchange for services, students engage in eight hours of community service annually. Students typically have a GPA of 2.0 or higher and must complete the application process. JunIOR CURRICULUM – Orientation to the college application process – Academic support through ACT/SAT test prep – College campus visits – Summer enrichment opportunities “Junior year of College Possible was helpful. I wouldn’t have increased my ACT score without it.” Marcos Dominguez, South High Magnet School class of 2013 22% Is the average ACT score increase achieved by College Possible students since 2000. In the 2011-12 school year, juniors increased their ACT score by an average of 23 percent, well beyond the 12-14 percent increase advertised by leading for-profit test prep companies. Open a world of opportunity 11 FINANCIAL AID College Possible helps all of its program participants apply for and earn financial aid and scholarships in order to put college within their reach. In 2011-12, College Possible seniors were awarded more than $5 million in scholarships, helping to close the gap in making college financially feasible. In addition, 95% of students completed the Free Application for Federal Student Aid (FAFSA). 98% OF COLLEGE POSSIBLE STUDENTS HAVE EARNED ADMISSION TO COLLEGE SINCE ITS FOUNDING. Of the 827 College Possible high school seniors in 2012, 98 percent earned admission to college. SENIOR CURRICULUM – College essay and application assistance – Financial aid and scholarship application support – College selection and transition advising “Through my application and essays, College Possible helped me show my personality and stand out from other applicants.” Josh Sharkey, Milwaukee Riverside University High School Class of 2012, Currently attending University of Wisconsin-Milwaukee 12 College possible annual report 2011-2012 SENIOR YEAR The 10th of 12 siblings, Koyoua Vang WAS the first in her family to earn admission to a fouryear college. Her family always encouraged her to finish high school and pursue a college degree, but Koyoua needed guidance on how to get started. “I don’t know if I would’ve had the chance or the confidence to visit a college campus and talk with college students if it hadn’t been for College Possible,” Koyoua said. “I’m the first person in my family to go to a four-year college. There was no one to explain how to apply or what to fill out. My coach helped me with every Step.” College Possible supported Koyoua through five ACT tests her junior year and the challenging process of college applications during her senior year. She can still perfectly recall the moment when she found out she had been accepted to her top choice school – Marquette University. “My acceptance letter came in this really nice folder that said Marquette on the cover,” Koyoua said. “When I read that I was accepted, I was so happy I almost screamed! All the hard work was worth it!” Koyoua Vang, Milwaukee International Peace Academy CLASS OF 2012, currently attending Marquette University Open a world of opportunity 13 College From the Day her family arrived in the United States, Bibi Abdalla knew that she and her younger siblings needed to go to college. “At the same time, we didn’t know where to get support,” she recalls. “I thought I couldn’t afford to go to college. How could I?” “My college education helped Me improve my communication skills and understand how to problem solve. College built the framework of who I am and what I Am Capable OF.” Through College Possible, Bibi learned about the ACT, scholarships and financial aid. With this guidance and ongoing support from her college coach, Bibi earned a degree in political science from the College of St. Benedict with very little debt. “Without College Possible, my college years would have been focused on paying for college by working two or three jobs rather than focusing on learning,” Bibi said. Bibi Abdalla, st. Paul Central High School CLASS OF 2005, College of St. Benedict CLASS OF 2009 and Senior Business Analyst at Cargill 14 College possible annual report 2011-2012 A public affairs fellowship helped Bibi narrow her career search to companies improving access to health care, education and food. “I came to Cargill because I wanted to have a positive impact globally,” Bibi said. “It was the right choice.” Today, Bibi is pursuing her interest in food security in underserved countries as a senior business analyst. College Enrollment College Possible students have enrolled at more than 200 institutions nationwide, such as: Augsburg College • Carleton College • Century Community and Technical College • College of St. Benedict • Dartmouth College • Hamline University • Howard University • Kalamazoo College • Lawrence University • Luther College • Macalester College • Marquette University • Minnesota State University • Princeton University • St. Catherine University • St. John’s University • St. Norbert College • St. Olaf College • University of Illinois • University of Minnesota • University of Wisconsin College CURRICULUM – Connect students with existing campus resources – Build a network of support among former high school program participants – Provide financial aid and scholarship application assistance 5X More likely to graduate from college. College Possible’s six year graduation rate is 58%. Nationally, only 11% of low-income students who enroll in college graduate. Open a world of opportunity 15 On track early College planning workshops provide 9th and 10th grade students information critical to getting on the college track early. Under the guidance of AmeriCorps members, College Possible seniors deliver an interactive curriculum explaining the college admission process. Upperclassmen, who serve as compelling messengers to their younger peers, also gain leadership experience. 5,640 Underclassmen attended college planning workshops led by College possible seniors and AmeriCorps members in 2011-12. Workshop CURRICULUM – Benefits of attending college – College admission process – Financial aid and scholarship options – College planning resources “I enjoyed sharing my story. I told students to keep their grades up because it matters when applying to college.” Tser Cheng, Minneapolis Roosevelt High School Class of 2012, Currently attending Augsburg College 16 College possible annual report 2011-2012 College Planning Workshops Kyril Rand has been talking about college since the seventh grade when he decided he wanted to become a nurse. After a college planning workshop led by College Possible high school seniors, for the first time, he understood the steps he needed to take to reach that goal. “To go to College and be successful you have to be dedicated. It has to be something you want and you have to be desperate for it.” There were a lot of things about college he was not familiar with, but what really stood out for him was another message: the importance of getting on the right track in high school by having good attendance and choosing a challenging course load. Kyril took his peers’ advice and not only signed up for a full schedule of Advanced Placement and honors classes, but College Possible as well. These choices mean a lot more work, but he knows it will pay off when he applies to colleges next year. “I’m really excited to go to college,” Kyril said. “I want to accomplish my goals and meet the expectations I’ve set for myself.” Kyril Rand, Milwaukee Alexander Hamilton High SChool CLASS OF 2014 Open a world of opportunity 17 AmeriCorps AS a College Possible Alum, Maribel Andrade understands the impact of the program firsthand. But it took serving two terms as an AmeriCorps member to truly appreciate the support she received. “As a student, I thought College Possible was something everyone had access to because everyone should,” Maribel said. “College Possible served me and it was life-changing. I wanted to bring that change to others.” After graduating with a degree in criminal justice from Marquette University, Maribel weighed her options. She strongly considered accepting a position with the Milwaukee Police Department, but instead chose to return to her alma mater, Minneapolis Roosevelt High School, to become a College Possible coach. “Serving was my way to give back and do something for students who are in the same circumstances I was in high school,” Maribel said. After building a strong relationship with the principal and staff during her two terms of service, the administration at Roosevelt offered her a job. Now Maribel is using her experience as a coach to ensure more Roosevelt students graduate with the skills to succeed in college. Maribel Andrade, college POSSIBLE AmeriCorps member 2010-12, Currently Working at her Alma Mater, Minneapolis Roosevelt High SChool 18 College possible annual report 2011-2012 Future Careers AmeriCorps members go on to: • Complete master and doctorate programs in education, policy, law and social work at schools such as Dartmouth, Harvard and Princeton • Work on college campuses in financial aid, admissions and academic advising • Work at corporations such as Target, Travelers, General Mills and Wells Fargo • A year of Service – Coach high school students through the college application and selection process – Support college students in their transition to college and through completion – Build organizational capacity by improving communications, development and curriculum Work in policy, urban planning and government 83 recent college graduates collectively committed more than 140,000 hours of service to college possible through the AmeriCorps and vista programs in 2011-12. Open a world of opportunity 19 how to be an idealistic leader and create positive change Power of Idealism At College Possible, students and staff are encouraged to embody the traits of an idealistic leader. Exemplifying these traits when Strive to be Delightful Energize those in your presence faced with challenges helps build the type of leaders the world needs. Inspired by the words of Robert F. Kennedy, College Possible students and team members work to send forth “ripples of hope” in their communities. keep your eyes on the prize challenge cynicism moccasin the lives of others learn to be grateful have fun “It is from numberless diverse acts of courage and belief that human history is shaped. Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring those ripples build a current that can sweep down the mightiest walls of oppression and resistance.” Robert F. Kennedy, South Africa, 1966 20 College possible annual report 2011-2012 Ethic of Service College Possible puts service at the center of its work. • National service members commit to serving full-time for a year. • Students volunteer eight hours a year in their community in exchange for receiving College Possible programming for free. Service Highlights College Possible students collected donations for a local food bank, participated in a park restoration project, beautified their school grounds, planted gardens and removed invasive species from parks. Open a world of opportunity 21 2011-2012 Donors Multi-Year Leadership Gifts New Profit Inc. $1,000,000 over 4 years Anonymous $750,000 over 3 years Peter Kiewit Foundation $750,000 over 3 years The Kresge Foundation $750,000 over 3 years Anonymous $350,000 over 3 years The Cargill Foundation $300,000 over 2 years Corporations, Foundations & Community Organizations $250,000 and Above Anonymous Great Lakes Higher Education Guaranty Corporation Peter Kiewit Foundation The Kresge Foundation New Profit Inc. $150,000-$249,999 The Cargill Foundation $100,000-$149,999 Anonymous The Travelers Companies, Inc. $65,000-$99,999 3M Foundation General Mills Foundation Weitz Family Foundation $300,000 over 3 years $50,000-$64,999 Anonymous Otto Bremer Foundation Greater Twin Cities United Way The Richard & Ethel Herzfeld Foundation The Medtronic Foundation USA Funds The Morning Foundation $240,000 over 6 years $35,000-$49,999 The Donaldson Foundation The Holland Foundation $300,000 over 3 years Anonymous $230,000 over 2 years Greater Twin Cities United Way $150,000 over 3 years William and Ruth Scott $150,000 over 3 years Otto Bremer Foundation $125,000 over 2 years The George Family Foundation $30,000 over 2 years 22 The generous financial contributions of the individuals and organizations listed on the following pages have helped make the dream of college a reality for thousands of students this year. We sincerely thank these donors for their support. The gifts below were provided to support College Possible’s 2012 fiscal year, from September 1, 2011 to August 31, 2012. Every effort has been made to recognize all of College Possible’s supporters in this annual report. Please contact us if you identify any changes. $25,000-$34,999 Best Buy Children’s Foundation Ecolab Foundation The Elfenworks Foundation Mutual of America Foundation Northwestern Mutual Foundation Thrivent Financial for Lutherans Foundation $15,000-$24,999 Allianz Life Insurance Company of North America GE Capital Retail Finance Mahle Family Foundation RJF, a Marsh and MacLennan Agency LLC Company^ Solutran US Bancorp Foundation College possible annual report 2011-2012 $10,000-$14,999 Ameriprise Financial General Mills Corporate Recruiting Minnesota Private College Council Xcel Energy Foundation $5,000-$9,999 Ameriprise Financial via D. Peter Silbaugh Boston Scientific Foundation CarVal Deluxe Corporation Foundation Mary Martha & Emmett J. Doerr Charitable Trust Elm Grove Junior Guild Federated Insurance, Inc. Gardner Foundation GEN Financial Management, Inc. The Hanover Insurance Group^ Liberty Mutual Group Inc.^ McKinsey & Company, Inc. Pentair via Mike Meyer Piper Jaffray Robins, Kaplan, Miller & Ciresi LLP Securian Foundation Thomson Reuters Wisconsin Energy Foundation $1,000-$4,999 American Realty Capital Trust via Steve Reynolds Charles Schwab via Jay Robinson Connecticut General Life Insurance Company^ CorTrust Bank Faegre Baker Daniels LLP Fredrickson & Byron Green Bay Packers Foundation John Hancock via Kurt Winkler The Hartford Heraeus Medical Components, Inc. Dorothy Inbusch Foundation Invesco via John Radzinski Kwik Trip Minneapolis Rotary Community Service Foundation Nuveen Investments Holdings Plymouth Lions Gaming Gene and Ruth Posner Foundation The Rahr Foundation RBC Wealth Management Foundation SFM Mutual Insurance Company^ The Wal-Mart Foundation West Bend^ Western National Insurance Group^ Westfield Insurance Company^ Westwood Professional Services, Inc. Up to $1,000 Accredited Investors, Inc. Alliant Techsystems Operations LLC Ameriprise Financial via Randy Doroff Amigo Service Center, Inc. Bank of America Charitable Foundation Best Buy Co., Inc. Blue Cross and Blue Shield of Minnesota Foundation Breck School Carmax Foundation Coulter 2006 Management Trust Dell Employee Giving Program Draper Consulting Group Gallagher & Associates, Inc. GE Foundation GoodSearch Gradstaff, Inc. The Guardian Life Insurance Company of America^ Harleysville Insurance The Hartford Steam Boiler Inspection and Insurance Company^ Investors Financial Group via Rick Anderson The JPMorgan Chase Foundation Keystone Compensation Group LLC Larkin Hoffman Daly & Lindgren, Ltd. Foundation Mackall, Crounse & Moore MFS via Rory Cowling Michael Best & Friedrich LLP Minnesota Independent School Partnership Northwest Suburban Optimist Club Oracle Corporation The Paw Firm, LLC Polaris Industries Inc. Ryan Companies US, Inc. The Scoular Foundation Sit Investments TLT Research Services^ UnitedHealth Group Wisconsin Association of Independent Colleges & Universities idealist society This planned giving society at College Possible was formed for individuals interested in including specific provisions in their estate plans. Named for the organization’s core value of idealism, the Idealist Society envisions a day when the future of America’s children is determined solely by their talent, motivation and effort. Individuals & Family Foundations $50,000 and Above Curtis L. Carlson Family Foundation Frey Foundation Piper Family Fund of the Minneapolis Foundation The Holland Foundation William and Ruth Scott Weitz Family Foundation $30,000-$49,999 F.R. Bigelow Foundation Janis and David* Larson The Saint Paul Foundation $20,000-$29,999 Hardenbergh Foundation Kinney Family Foundation Kathleen* and David* MacLennan Carl and Eloise Pohlad Family Foundation Smikis Foundation $15,000-$19,999 The George Family Foundation Elizabeth Driscoll Hlavka* and Ed Hlavka Jerstad Family Foundation Carmen and Barry* Nordstrand Karen and Steve Sanger $10,000-$14,999 Anonymous Beim Foundation David Winton Bell Foundation Ann and Scott Dayton Levi Downs*● Daisy and Todd* Firebaugh Laura* and Robert Gillund The Rosemary and David Good Family Foundation Scott and Marjorie Johnson Fund of The Minneapolis Foundation Mardag Foundation Joyce and Dick McFarland $6,000-$9,999 Buuck Family Foundation Jane and Brian Lavin Mortenson Family Foundation $4,500-$5,999 Athwin Foundation Vanessa and David Dayton Joseph C. & Lillian A. Duke Foundation Kweilin* and David Ellingrud Martha and John Gabbert Carrie and Rich Higgins Marlene and Tom Kayser Julie* and Tom Moore Sherry Salmons and Seth Rierson Shelley Segal Stephen Smith* $3,000-$4,499 Helen and Bruce Ambuel Anonymous Mark Cater Paula and Greg Clark Cassie and Dan Cramer Michael Hood The Leonette M. and Fred T. Lanners Foundation R.C. Lilly Foundation Jim McCorkell*+ and Chris Greenhow Prospect Creek Foundation The Sweitzer Foundation Archie D. and Bertha H. Walker Foundation $1,500-$2,999 The Ankeny Foundation Kristin Beckmann and Robert Richman John and Ruth Bergerson Family Fund of The Minneapolis Foundation Katherine and Sebastian Cherian Jodi Chu Michael V. and Ann C. Ciresi Foundation Tara and Tim Clark Beverly and Ervin Colton Julia Dayton Libby Carrier Doran* and Tom Doran Sara+ and Mark Dziuk The Elmwood Foundation Kathy and James Ganley Margot and Paul Grangaard Cory* and Mark Gunderson * National or Local Board Member + Staff Member ~ Current or Former AmeriCorps Member ° Current or Former Student ^ 2011 RJF Challenge Donor • Is or includes a pledged commitment Open a world of opportunity 23 Pamela Hand and William Hueston Susan Hoo Lucy R. Jones and James E. Johnson Art & Martha Kaemmer Fund of the HRK Foundation Jane and Jim Kaufman Fund of The Minneapolis Foundation Dawn Keller Kathryn Klibanoff and Jeremy Pierotti Larsen Fund Chad M. and Rafina Larsen/Larsen Fund Peggy and Ilo Leppik Winifred Smith and David Lillehaug Mari and Tom Lowe Madeleine and David Lubar Charitable Fund Kera Messinger and Jason Storrs Susan* and Robert Mikulay Margaret* and Tim Murphy Patty and David Murphy Judy and Ted Nagel Oak Grove Foundation Rhonda and Rory O’Neill Fund Robert J. Owens Laura Pennycuff and Sander Glick Prince Family Fund of The Minneapolis Foundation Thomas Ranese* John and Sandra Roe Foundation Kate Menendez and Dan Rogan Melissa and Tim Rogan Saunders Family Foundation Mark and Ann Schulze Family Fund of the Minneapolis Foundation Kimberly and Robert Scott Chris and Hank Shea Rebecca and Mark Sorensen Meredith and Sam Tutterow Karen Viskochil Fund of The Minneapolis Foundation Lynn and Richard Voelbel Family Fund of The Minneapolis Foundation H.E. and Helen R. Warren Foundation Angela Wicka Carol and Daniel Wolfe $750-$1,499 Anonymous Julie M. & Douglas M. Baker, Jr. Fund of The Minneapolis Foundation Rebecca and Thomas Bergman Budd Family Fund Anne and Tom Carrier Mary Lee Dayton Wendy and Doug Dayton Eliot Street Fund Rondi Erickson and Guilford Lewis Jane and John Evans David E. Feinberg 24 Lauren and Brent Florine Ellen and Jerry Gallagher Sara Gavin* Denise and Dan Griep Kayte~ and Peter Haagenson Christine* and Barry Holloway Michelle and David Horan James and Ann Howard Family Fund of The Minneapolis Foundation Laura and Westcott Jones● Sharon and Bill Keech Traci+ and Brian Kirtley Chris Kopka Krause Family Foundation Bethany+ and Shaun Krueger David Kundert* Joanne and David Laird Kacia and Willy Lee Ann and Reid MacDonald/Faribault Foods Shelly Chyatte Malis and Ira Malis Andi and Michael Marston Trista and David McCorkell Zenaida and Matt McCoy Katherine and Michael McElroy Brigid McDonough and Reid McLean Karen and John Meslow George and Julie Mosher Family Foundation Morgan Neiman Lisa and Lance Novak Brian O’Malley Kris and Mark O’Meara Candy and Bruce Pindyck Abby and Doug Power Ben Pratt* Carole Lee and Ronald Randall Susan and Gary Rappaport Meg* and Tony Rodriguez Joyce and Brent Roesler Delinda and Marc Rood J.F. Rooney Family Charitable Foundation Robin Ryan Scott Savoy Shelly and Dick* Seesel Sarah and Kevin Shriver Peg and Lee Skold Bonny and John Skovbroten The Emil J. and Emily D. Slowinski Fund of The Saint Paul Foundation Melissa* and John Soderberg Nancy and Richard Solum Stafford Family Fund of The Minneapolis Foundation Robin Steans and Leonard Gail Tara Sullivan David A. and Kathleen Sweetman Rothenberger Noelle and Jeff Turner College possible annual report 2011-2012 Lowell & Mary Van De Riet Family Fund of The Minneapolis Foundation Sheila and John Walsh Amy and Alex* Ware Kristi and M. Conrad Wasmer Jenny Gassman-Pines and Ben Weeks~ Jennifer Woodland and Jim Leinfelder Julie Zimmerman and Steve Curry $500-$749 Anonymous (3) Rhonda Battleson and Chandra Torgerson Ann Bellows and Charles Wikelius Bohmann/Riehle Family Fund of The Minneapolis Foundation Steve and Becky Briggs Sue and Wolfie Browender Marilyn Bunge Natalie Rule Burns+ and Matt Burns Douglas and Sandy Coleman Fund of The Minneapolis Foundation Kitty and David Crosby Sherry Ann and Edward Dayton Amie DeHarpporte and Jason Zimmerman Catherine Draper John F. Eisberg and Susan Kline Charitable Fund of The Minneapolis Foundation Jane Emison Joanna and Michael Fanuele Heidi Gesell and John Edgerton Teddy and James Gesell Pat and Tom Grossman Sarah and Blake Hanlon Atwater Hannaford Fund Brooke Hanson+~ and William Tully*~ Ben Herman~ Laurel Holschuh and John Grimstad Paul C. and Mary R. Jessen Charitable Fund Kristin A. Johnson Troy Johnson Kelben Foundation Mayer Krupp Rita and Bill Lawson Janet and Steve Lerch Jennifer Corrou and A. D. Lerner Mary and John Liddicoat Stephen S. Lindley~ and Sarah A. Frank Lindley Mary Ann MacLennan Kay and Mike McCarthy Meghan McGrann and Chris Lawrence Amy and Bill McKinney Marilyn R. Meline Genevieve and Antone Melton-Meaux* Sharon and Thomas Merritt Lisa and Michael Moore Joseph Mosmiller Tom and Tracy Murphy Aaron J. Mysliwiec Carolyn and Robert Nelson Susan Nemetz Debra and Mike* Newman Sarah Newman Sarah~ and Andrew Odegaard Kristi and Scott Pearson Erica and John Peterson Charles Post Melissa Raphan and Thomas Rock Scott and Peggy Sampson Charitable Fund Amelia Santaniello Janet Scheevel Mary and David Schilli Bev Sellentine Diane Shelgren Beth St. John Linda Tapsak and David Pote Cheryl Wandmaker Nikki Weber Liz and Tim Welsh E.J. Wexler Gift Fund of The Minneapolis Foundation Elizabeth and Rufus Winton $250-$499 Tom Abood Wendy and Danal Abrams Mary Anne Anderson Anonymous (3) Tracy Babler Karen Zentner Bacig and Ed Bacig Mark Bengtson Alan Bergman Beth and Gordon Bird Roxie and Jay Bozicevich● Shamiere and Michael Bridgeford Amanda Cantú+~ Russell Cowles Carol and Ted Cushmore Deborah Damian Caroline Davis and Peter Dahling Mary Sue and William Davis Christina and Daniel Delianedis Susan and Peter DeMaris Mary and Bill Dolan Mary and Ernest Dorn Val and Jeff Dreier David S. and Barbara Eiger Fund of The Minneapolis Foundation Julie and Jon Elam Caroline and Francis Eustis Diane and Bruce Fenster The Mike and Linda Fiterman Family Foundation Barbara Fuldner Megan and Andrew Gaillard Susan Gillman and Linda Ireland Randy Goetz Kristen and Brian Graybill Sarah Grayson Supporters When Lori Rolfson sat down to read the Sunday paper two years ago, an article about College Possible caught her eye. She immediately called the executive director to learn more about the program and had the chance to visit a high school and see students and coaches in action. “When I saw how it works and what it does, I saw what a difference it makes,” Lori said. “College Possible provides great support, but in the end the students are the ones making it happen.” “I hope more people learn about the organization and see the value in it. Not only the value for the students, but the ultimate value for the community.” Rolfson gave personally to the program but wanted to do more. To spread the word about College Possible, she planned an After Admission event with her employer, We Energies. The event served as a way for College Possible students enrolled in college to network with employees, hear advice on résumé building and learn about the many opportunities a college degree can bring. “I hope students see a degree as a way to open doors,” Lori said. “You don’t have to know exactly what you want to do; you just need that ticket to get in the door.” Lori Rolfson (second from right), Director of Employee Relations, WE Energies, pictured with colleagues who helped plan an event for college Possible Open a world of opportunity 25 Supporters College Possible Omaha Board member and donor Leslie Garth was raised in Alabama by her maternal grandmother who worked long hours to support her after a stroke left her grandfather unable to work in the coal mines around Carbon Hill. “We may have been financially underprivileged but our family was well respected and academically gifted,” said Leslie, a University of Alabama graduate in industrial engineering and Director of Fleet Management with the Car Management division of Union Pacific Railroad. “There were Caring Adults in my town who were determined that no child’s potential would be wasted. I want to pass that gift along.” She understands the importance of having committed individuals walk alongside students, lifting them up to help them achieve their full potential. “When I learned of the work College Possible was starting in Omaha, I wanted to serve and help the program grow in our community. Not only am I willing to give my time, financial resources and expertise, but I also serve as an example of what can be achieved through education.” Leslie Garth, College Possible Omaha Board Member and Director of Fleet Management, Union Pacific Railroad 26 College possible annual report 2011-2012 Mary and Gerald Greenhow Fredrick Grimes Marv Grundhoefer Melissa Harris and Josh Wolff Jan Haugland and Bill Horne Pudy and William Howard Emily+ and Anthony Jacobs Pamela and Dwight Johnson Heather Johnston and Jason Koch Lindy and Jason Kearns Margaret Keenan Greater Milwaukee Foundation Judith A. Keyes Family Fund Sen. Amy Klobuchar and John Bessler Christy and Luke Kujawa Mary Lacy Colles and John Larkin Amy Larson and Matt Chaffee Libby and Morse Leavenworth Andy Lechtenberg and Lydia Cooley The Lidstad Family Marina and Michael Lyon Vicki and Mike Mann Jean Mayhew Dave McCorkell George McCorkell Judy and Mark McCorkell Bonnie and Lee McGrath Michele McGraw and Tony Dodge Kay and Bill McReavy Katie and Ned Moody Sara and Rich Moran Darran Moxon Berit Nelson and Blake Hoel Louis Oberhauser Jane and Robert Oberrender Tamrah and Steve O’Neil Stuart Pfaff Trust Ben Pierson+~ E. Rachel Ratner and Peter Shanedling Betty and James Regan Sharyl and Ralph Reinheimer The Carleen Rhodes Fund of The Saint Paul Foundation Marilyn and John Ringold Wendy and Stephen Robbins Marie and Rick Rodier Susan E. Roe Lori Rolfson Shelly and Steven Rucks Jennifer and Matt Samuel Avery and Dervis Scheib Doug Scott Ira Segal Sesler Family Foundation Beverly and Lin Shivers Susan Shogren Smith and Jeff Smith Annmarie and Donald Smithmier Carol Stack and David Cleveland L. William Staudenmaier Lee and William Strang Robert Striker and Patrice Tetta Family Fund of The Minneapolis Foundation Michael Studer Mary Sumpmann and John Hoshal Joan Sundquist and Jim Southwick Kim and Robert Sundy Karen Sweet and Robin Fondow Peggy and Caesar Sweitzer Andrea and Aaron Switz Amy and Brent Taber Larissa Tadavarthy Mary Thorpe-Mease and Bill Mease Edie+ and Andy Turnbull Emily Anne and Gedney Tuttle Zer Vang+○ Mr. and Mrs. Robert J. Venable Mary Sue and Pete Vorbrich Kim Walker Ann Webster Magdalena Wells+ West High School Class of 1951 Sarah West and Raymond Robertson Katherine Whittington $100-$249 Becky~ and Tim Adair Cindy and Brian Adam Cheryl Allendoerfer Susan Alpert Anonymous (6) Aida and Jack Aragones Danielle and Steven Arlowe Sonja Kuftinec and Andy Arsham Rodney Baakonen Thomas Bacig Lynn and Robert Baker Carol Barnett Abigail Barrett Margaret Bartz and Bruce Anderson Cathy Carlson and Mike Bausch Jeanne Beach Patricia and Bernie Beaver Robert A. Benson Megan Bentley~ Wendy and Robert Bergman Megan Bern* and Werner Loots William Biersach Shelly Bina-Kashani Kathy Bonnifield and Adam Oliansky Nancy and David Brady Patti Brase Barbara Brown Shelley and Terrance Brown John Bultena Heidi and Stephen Burch Georgia and Larry Button Kara and Michael Caccuitto Steven J. Carini Charles H. Carlin Mimi and Eric Carlson Brandon Carriere Thomas Cassidy Mary Beth and Norman Chapel Gail E. Chester Ann and Bruce Christensen Beth and Jonathan Commers William H. Conrad IV Cassandra Coopet Maria+ and Dan Cote Page and Jay Cowles Erika and Mark Crawford Molly Culligan Sally and John Cuningham Kristin and Clinton Cutler Erin Dady Julianna Ebert and Frank Daily Denise and James D’Aurora Joy Davis Lisa Dayton Paula and Cy DeCosse Isabelle and Charles Donnell Lara Dreier+ Robert and Mary Duchek Mekea Duffy Shawn Dusosky Ugur and Tulin Edev Beth and Kyle Edlund Jill Lansing Edsen+ Angela and Mark Eilers Susan Elliott Carmelita and William Ellis Jeanene and Richard Engebretson Olivia Esse Laura and Jordan Evans Charles Farrand Susan and Roger Feulner Jill and Lawrence Field Lisa and Guy Fielder Svetlana Simovic and Gregory Filice Catherine Finch Cathy Gnatek and Michael Florey Beth Fox Andrew and Mary Grace Foxwell Susan and Timothy Gallagher Regina Bonsignore and Rick Garber Fred Geilfuss and Anne Hamilton Julie Giacobassi and Zach Hall Jennifer and David Glick Debbie and Mark Glotter Gwenn and Joseph Graboyes Cheryl Gracey and Steven Carroll Ferris Greeney Family Foundation Elizabeth and Mike Grundhoefer Julie Grzywinski and John Sturman Maria and Chris Guertin Teresa and John Guthmann Scott Halberg Marianne and Beach Hall Elaine and Stan Hansen Karen and Craig Hansen Keith Harris Carol Harrison Alison Hartman and Dale Walker Rowena and Richard Hartman Leah Harvey○ Elizabeth and Van Zandt Hawn Tom Hendrickson~ Cara Herrick Michael Herrmann Beverly and Richard Heydinger Stephanie Hiatt Joan Higinbotham Mary Hill Stephanie~ and Dennis Hogenson Melva Holt Christine Homsey and Trent Waite Meredith and Richard Howell Alison and Andrew Humphrey Jay Hundley and Bradley Hundley Mary and Jay Jackley Suzanne Jebe Carla Johnson and L. Thomas Turgeant Chelen Johnson Jennifer and William Johnson Maureen and James Johnson Joann and Paul Jorgensen Kerry Juhl Phyllis and Don Kahn Ashley and Chad+ Karlsson Mildred E. Katzell Claire and Tom Kayser Thea Keamy Rowzat Shipchandler and Max Keller Chris Sullivan Kelley and Dan Kelley Mary Kenkel-O’Connor and Curt Kenkel Anne and Jack Kennefick Nadia and Samir Keric Anne and John Kersey Jessica Hilgart Kmetz and Ben Kmetz Brooke and Jeff Konopacki Don and April Kovacovich Liz Kramer and Jeff Bryan Alyssa Kunau Celann LaGreca and Tim Crowley Nancy and Arthur Laskin Joann and Don Leavenworth Douachee Lee~○ Jeri Lyn Reinhardt and Keith Lee Alli LeMay~ Sara and Josh Leslie Judy and Steve Lewis Sonia Feder-Lewis and Michael Lewis Stephanie Lilak* Tristen and Steve Lindemann Robert G. Lockwood Open a world of opportunity 27 Laurie and Paul Lokar Ann Longfellow and Austin Bryan Peggy and David Lucas Dan and Mary Luckwaldt Kris Luedke Erika Lund and Mark Andersen Beth and David Lyman Bessie and Joseph Lynch Anna and Chris Lyon Jane Korn and Robert Madoff Alex Makovetsky and Sally Spector Seymour and Susan Mansfield Family Fund of The Minneapolis Foundation Rita and Thomas Mayer Anne Joseph and Phil McGlave Kay McLean Susan Meger Nicole and Paul Melancon Bonnie Melville and Dan Terlouw Sara Meslow and Paul Vahle Brian Miller Floyd Miller and Jane Broendel Katie and Bill Miller Michael Mitchell Dr. John Moore and Cindy Moore Susan Moss Amy Murphy Maureen and Dennis Murphy Terry Murphy Shana and Tom Murray Lynn and Desaix Myers Abigail & David Nash Donor Advised Fund of the Jewish Community Foundation of Milwaukee Briana Nead Cecile and Lloyd Nelson Tom Nepper Sandra and Mark Niblick Ford Nicholson Anne and Christopher O’Brien Mary Rumsey and Karl Olmstead Claire Olson Vicki and Daniel Olson Catherine and Louis Paglia Amy and Rob Parish Ali Parsons+~ Joan Bennett Parsons and John Parsons Elise Eslinger and Don Perkins Wendy and Charlie Perusse Anne and Curtis Petersen Jody and Stephen Poling Harriet and Walter Pratt Marla and Glenn Primack Mariana Quiroga Margaret Dean Rapp and Todd Rapp Eric Rauh Kate Ray~ Theresa Reasbeck Jennifer and Chris Reedy Zoe Adler-Resnik and Josh Resnik 28 Katy Resop~ Janet Rice Michael Robins Anna Rockne+~ Terrie and Larry Rose Nina Sayer and Alexander Rothman Jay and Tracy Rothman Diane and Hugh Salmons Miriam and David Sanders Steven Sarafolean Barbara and James Sarazin Marketing that Matters, Lori Schaefer, Principal Melissa Rappaport and Jim Schifman Stuart Schlisserman Chris Schmelzer Alexander and Jessica Schneble Mary Schroth Susan Schultz and Weld Ransom Theresa and Dave Scocca Julie and Mark Scroggins Bryan Seck+ Marsha Sehler Nankya Senungi+~ Maulee Tolia and Sachin Shah Carol and Tom Shield Stephanie Shimp Marion Bachrach and Jonathan Siegfried John Siffert Douglas Silverstein Jessica Simmons Susan and Gary Singer The Singer Family Foundation Jenella and James Slade Schele and Phil Smith Amy Anderson and George Somero Margaret Sorensen Megan and Brian Sostek Julie and Patrick Spangler Mary Ellen Spiegelberg June and Alan Sroufe Julie and Bruce Steiner Kim and Larry Stephan Rebecca Skoler and Steven Stovitz Sharon Strate Judy Stuthman Eric D. Svobodny Taylor Swartz~ Angie and Steve Tan Jann and Lawrence “Red” Thomas Jean Thomson Susan J. Thornton Cindy Johnson and Vic Thorstenson Pamela and Rob Tichy Michelle Torgerson+~ Maria Dillon and Rush Tully Cheryl and Jim Ullyot Valerie Ulstad Nancy and Gary Van Cleve Donna and Robert Vanderhoof Donna Von Lehe College possible annual report 2011-2012 Elizabeth and Mark Vorsatz Jennifer and Deacon Warner Jennifer Wasmer and Urs Winzenried Libby and Bob Weil Cindy Weldon Joan and Paul Wernick Karla Wetherby+ Betsy and David Weyerhaeuser Bonnie Wheaton Betsey Whitbeck and Jim Nelson Barbra Wiener Welch Williams Pat Wilmeth Geoff Wilson+ Nicole J. Wilson Meredith and Jason Wolf Janel Carino and Richard Wolff Ann and Frank Wright Eleanor and John Yackel Meleshia and Amadou Yattassaye Carol Dines and Jack Zipes Matthew Zlatnik Mary Lou Zuege Up to $100 Vince Aimutis Sharon Benmaman and John Allen Anonymous (25) Jodi Anderson Philip H. Anderson Dawn Araya Tara and Michael Arndt Kathryn Audette Marilyn Auer Courtney Ball Allison Barmann Alexandra and William Bartolic, III Steven Bebel Ingrid and Harold Becher Debi Becker Debra+ and Ben Behrens Betty and Frederick Beier Sarah and Joseph Beier Rita Benak Ann Bergstad Alex Bethke Ruth and Michael Bettendorf Marylee Bible James Bixby Julia Blount Chrissie and John Bonnes Judy and John Bonnes Patricia Borchers Sally and Mike Bosanko Gigi Boswell Erik Brecheisen Margaret Nelson Brinkhaus Abra Brisbin Catherine and Henry Brooks Matt Broughton Andrew Brunk Susan Buckingham Patrick Butler Joy Ann Calmes Krystel Calubayan~ Elsi Campoverde and Juan Chipoco Brandy and Paul Carlson Sarah Carlson Cynthia Carpenter Joyce Lyons and Kevin Carpenter Heather and Todd Carroll Andréa Carroll-Franck~ Phil C. Carruthers Robyn and Mark Carter Catherine Cartmell Jane and Joe Cavanaugh Lorraine Cecil Delara Chaoui Jennifer Charpentier and Edward Goto Anthony J. Chavez Marcia and Mark Cherniack Blenda Chiu~ Nolita Christensen~ Martha and John Church Elizabeth Ciner and David Schodt Martha Webb and Bruce Clark Mary-Louise and Bradley Clary Julie and John Cohen Sheryl Cohen Kate and Dan Cole Megan Collins Suzie Considine~ Dave Cook Dennis Coonan Marion Corry Roberto Cortes Judith and Keith Covey Catharine Crane Karen and Gary Crangle Austin Cumblad Martha Cummings Mary Jane Curran Tracy Dahl Vernon L. Dahlheimer Mary Radford and Robert Dana Monica and Charles Davis Anne De Coster Joyce DeGroote Jessica DeSantis-Berg and Jonathan Berg Kristi Detweiler Brian Dever Clea Dezio and Jeffrey Mulfinger Casey Dickinson~ Mary Musielewicz and Richard Dietman Joanne Disch and Jane Barnsteiner Manja Dobraca Katherine Doerr Kathleen and Matthew Dolliff Anita and Merrick Domnitz Kathie and Bruce Dormanen Supporters Bill McKinney’s connection to college Possible precedes the organization’s founding. Inspired by the chance to help low-income students have the same opportunities he did, Bill laid the foundation for College Possible’s success by helping to create the organization’s first business plan. “I hope students find college to be as life-changing as it was for me,” he said. “It’s a place to explore, develop lifelong friendships and build critical skills.” “I believe that access to high quality education is one of the bedrock elements of America’s success as a nation socially, politically and economically.” Bill is buoyed by the dreams College Possible students have for their future. “They see college as the beginning of something great. The optimism they display reinforces my confidence in the future.” Today, Bill and his wife Amy continue to support the organization that delivered on its early promise. “College Possible has demonstrated an ability to close the achievement gap, and they do it at a low cost,” Bill said. “College Possible simply delivers outstanding value to society.” Bill McKinney, Vice President, Thrivent Financial for Lutherans And Former College Possible Board Member, with Wife, Amy, Adjunct Math Instructor, Anthem College, and Family Open a world of opportunity 29 In-kind supporters Breadsmith on Grand Bruegger’s Bagels on Grand CVS Pharmacy Century College Scholars Program Chilly Billy’s Chipotle Caroline Church Concordia University Creighton University David Martin Agency Domino’s Pizza Einstein Bros. Bagels Elizabeth Dehn Famous Dave’s Freestyle Yogurt Sara Gavin General Mills Therese Gibbons Mark Glotter Hamline University Hobsons Ashley Holderread Home Depot Hy-Vee Jimmy John’s Kaplan Lowe’s Kathleen and David MacLennan McKinsey & Company 30 Minnesota WILD MyTech Partners Mike Newman Noodles and Company NYPD Pizza Olive Garden Opera Omaha Papa John’s Pizza Pepsi Bottling Group Pick ‘n Save Pizza Luce Pizza Shuttle RJF, a Marsh and MacLennan Agency LLC Company RJF Employees Shapco Printing Sheri Shipman Rebecca Bell Sorensen Spaghetti Works Target Thompson Reuters Topper’s Pizza Transfer Pizza University of Minnesota University of Nebraska at Omaha University of St. Thomas Urban Planet Weber Shandwick College possible annual report 2011-2012 Marie and Keith Dotseth Kathy and Steve Dougherty Mike and Julie Dreyer Jenna Duesterhoeft Hildred and Alvin Dungan Maura Cleary Dunnigan Jeanne Durnford and Juanita Mast David Dybedahl AnnElise and Patrick Edeburn Mary Ann Egostino Deanna M. Ekholm+ Stephanie Bartling and Gary Engelhardt Timothy Erdmann Megan and Joe Eskola Ann Etter Nur Farah Anna Farrell~ and Josh Lambrecht~ Becky Fillinger Jackie Fink David Fiocco Tom Fisher Kayla Flynn~ Joseph Ford Mavis and Merle Fossum Rebecca Biderman and David Fraher Lynda Frayne Beth Friend and Ari Feldman Barbara Frohnert Brian Fulmer Sue Gaeta Karen and Bruce Garver Kristine Gebhardt Maureen Gecht-Silver Danni and Shel Gendelman Lois and Larry Gibson Cynthia and Bob Gilbertson Nate Giles~ Jodi and Michael Glaser Karen and Howard Gochberg Patti Goldberg Thomas D. Goldstein Jody Grack Nicole Graeve Jami Greve Audrey and Ronald Grzywinski Mary Guerra Rena and Daryl Guidry Erica Gumieny Bev and Alan Gustafson Linda Halcon and Scott Williams Laurie Halvorson Staci Hamilton+ Gail and Stuart Hanson Jan and James Harbaugh Kathleen Hardy and Robert Salter Erica Harwell~ Kate Jaycox and Mike Hatting Linda and John Haugen Lauren Hegg Katie and Tom Heinen Kong Her Paul Hittman Eric Hofer Julie Holmen Mary Jo Holmstrand Jason Holton Ann Houghtaling Sally Howard Monica Hritz Cresta Hubert+ Charles Iadaresta Nancy and Douglas Imholte Donald Irish Patrick Kallal Elizabeth Conway and Matt Kane Ruth Katz Tasya Kelen Jane Kerr Jane Keyes Joan and Frank Klein Kristin Klund Molly Kniefel Katheren M. Koehn Nancy and Paul Koepcke Luanne S. W. Koskinen RoxAnn and Jeffrey Kosmoski Debra Krajacic Judy K. Krause Patricia Kriha Susan Krivit Schmidt and Dan Krivit Rachel Kuehl Vanessa Laird Melanie and Andre LaMere Susan and Robert Laney Danny Langseth~ Kristie Lazenberry Eric Le Towt Dianne Lee Carolyn Lee Miche and Matt Leighton Rett LeMoult Joshua Leonard Dana Levinson Angela and Deron Lewis Brian Lindeman Nathaniel Lindley Nicole Liwienski Jacquelyn Lobitz-Baumann and Bryan Baumann Jill and Mark Lowder Ellen and Andrew Luger Brenda Lund John F. Mello Luthier Marit Lysne Elizabeth Mahler Helen and Robert Mairs Joanne Makarewicz Robert and Heidi Manak Marie Manthey Julie and Bela Maroti Judith Marshall Katie Mayer Julie McCoy Mary, Scott, and Kyle McFadden Courtney McKeown+ Sara McMullen L. L. McMurtry Lori Merrill Lorraine Mesken The Messina Family Georgette Micheletti Tammy Mickelson Kathryn and Terrence Miller Mary Ann Miller Ran Miner Lucky Mohamud+ Matt Mohs Bonnie Morris Lynda Moser Betsy Mosmiller Margaret Motzel Shoua Moua Laura and Mark Muhlstein Sarah Mullins Crystal Mulry Peggy Nadolski Shawn Neary Kathryn Nelson Anh Nguyen~ Susan Noah Nora and Doug O’Leary Michelle Geo Olmstead Kelly Jo and Chris Olsen Tracy Olson James Osterholt~ Abbey Otteson~ Mary and Jack Parcheta Mark Parriott Brian Pastarr Shelia Payton Katie Peacock Paul Pedtke Kirk Pelikan Mary K. Perushek Leah and Pete Petersen Maureen Petersen Kathleen Ann Quick and Arthur Peterson Pamela and Mark Peterson Laura Philippsen Cyd Phillips Marion Pierson Sally Polk Randle Pollard Charlene and Richard Portnoy Joanna Pratt Patricia Pratt-Cook Caitlin Patterson and Rich Price Bill and Natalie Raaths Libby Larsen and Jim Reece Emily Resseger David Roemer Linda A. Rogers Erika Rosenhagen Francie and Barry Ross Alberto Rovira Marta and Peter Rowcliffe Katharine and Matthew Ruby Nikole and Paul Rutzen Sarah Adams and Aaron Salasek~ Lawrence Salzman Adam Sapp Rachel Schaefer Esther Schak Michele Schermann Debra Hamilton and Fredrick Schilling Karen and Kim Schoknecht Leah and Nate Schultz Krista Schuurman Krista and Don Schwartz Christine and Jeffrey Scott Jane and Richard Scott Susan and George Selcke Jessica Sellers Pneena and Sheldon Sheps Janet Shockley Marsha Shotley Dianne and Leighton Siegel Mark Slaminski Pamela Snopl Betty and Herman Snyder Siri Sorenson Daryl Spilde Jennifer and Dan Spiller Calvin Spitzer Kay and Jon Strauss Anna and Patrick Sullivan Amy Sweeney Peter Swenson Barb Symalla Marika and Adam Taylor Amanda Tempel Craig Thompson Jay Thompson Nancy and Bruce Thomson Sylvia and Gerald Timian Roberta Tonkin Sheila Torney-Rockne and Thomas Rockne Elizabeth and Wellington Tully Elizabeth Tyler Cathleen Urbain Kathy and Larry VanderPoel Nicole VanEnglehoven-Toal and Patrick Toal Emily Vanosdol and Scott Tschimperle Kathleen and James Vellenga Margaret Verlautz Patricia Vidmar Barry and Jan Von Hoff Lee Her and Bee Vue○ Hannah Wallisch+ and Justin Weber Karen and Tom Walrath Carol and Sandy Weisberg Melinda and Steven Wellvang Bonnie West and Fredrik Hedling Jessica Wetmore~ Marguerite and Alex Wilson Harriet and Nat Wisser Sharon Wong and Craig Mitchell Jackie Woods Mariel Woods Amy and Jeff Wrobel Hannah Wrobel~ Clarice Wysocky Hannah Yaritz~ Sharon Yntema Andrea Larsen and William Youmans Lynn A. Zentner Margo and David Zentner Marie~ and Nathan Zimmerman Shirley Zimmerman Nicole Zuech Employee directed giving programs Air Products Foundation Alliant Techsystems Operations LLC Ameriprise Financial Bank of America Charitable Foundation Blue Cross and Blue Shield of Minnesota Carmax Foundation Community Shares of Minnesota Dell Employee Giving Program Draper Consulting Group GE United Way Campaign Gannett Foundation (KARE 11) The JPMorgan Chase Foundation Larkin Hoffman Daly & Lindgren, Ltd. Foundation McKinsey & Company, Inc. Nuveen Investments Holdings Oracle Corporation PG&E Corporation Piper Jaffray Ryan Companies US, Inc. The Saint Paul Foundation The Scoular Foundation Securian Foundation Solutran Thomson Reuters Thrivent Financial for Lutherans Foundation The Travelers Companies, Inc. UBS Employee Giving Programs * National or Local Board Member + Staff Member ~ Current or Former AmeriCorps Member ° Current or Former Student ^ 2011 RJF Challenge Donor • Is or includes a pledged commitment Open a world of opportunity 31 Statement of Activities For the Year Ended August 31, 2012 (with comparative totals for 2011) 2012 SUPPORT & REVENUE Unrestricted Fee Revenue Consortium fees Service fees Total fee revenue 2011 Total 50,000 157,029 207,029 - 50,000 157,029 207,029 50,000 72,157 122,157 1,411,350 1,117,000 36,130 2,564,480 2,536,225 2,536,225 3,947,575 1,117,000 36,130 5,100,705 4,325,702 1,057,414 120,840 5,503,956 75,854 - 75,854 76,689 Net assets released from restrictions 2,488,167 (2,488,167) - - TOTAL SUPPORT & REVENUE 5,335,530 48,058 5,383,588 5,702,802 EXPENSES Program services General & administrative Fundraising Total expenses 4,083,588 507,590 390,733 4,981,911 - 4,083,588 507,590 390,733 4,981,911 3,212,619 377,958 434,600 4,025,177 353,619 48,058 401,677 1,677,625 NET ASSETS, BEGINNING OF YEAR 4,556,385 3,051,744 7,608,129 5,930,504 NET ASSETS, END OF YEAR 4,910,004 3,099,802 8,009,806 7,608,129 Support Contributions & grants Government grants In-kind contributions Total support Investment income CHANGE IN NET ASSETS 32 Temporarily Restricted College possible annual report 2011-2012 Statement of Financial Position ASSETS CURRENT ASSETS Cash & cash equivalents Accounts receivable Grants receivable Prepaid expenses Total current assets $ OTHER ASSETS Investments Grants receivable EQUIPMENT AND LEASEHOLD IMPROVEMENTS Computer software & equipment Furniture & equipment Leasehold improvements Less accumulated depreciation $ LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accounts payable Accrued expenses Total current liabilities 2011 2012 $ LONG TERM LIABILITIES Accrued expenses - deferred compensation 5,307,138 67,296 1,030,000 141,117 6,545,551 $ 5,079,932 64,809 746,666 39,346 5,930,753 853,956 997,589 1,851,545 752,910 1,304,305 2,057,215 115,605 130,542 64,355 310,502 206,691 103,811 8,500,907 108,415 87,711 55,645 251,771 176,314 75,457 8,063,425 170,505 290,596 461,101 $ $ 79,251 361,045 440,296 15,000 455,296 30,000 491,101 *College Possible holds program designated continuation funds to NET ASSETS Unrestricted Undesignated Board designated program continuation funds* ensure its ability to fulfill program Temporarily restricted $ 1,893,074 3,016,930 4,910,004 3,099,802 8,009,806 8,500,907 $ 2,543,622 2,012,763 4,556,385 3,051,744 7,608,129 8,063,425 obligations to currently enrolled students. It is the organization’s goal to have on hand no fewer than six months of projected expenses and, when possible, up to 24 months. Open a world of opportunity 33 Statement of functional expenses 2012 Personnel costs Salaries and stipends Payroll taxes Employee benefits Total personnel costs Program Services $ Consulting Professional fees Service fees Occupancy Teaching materials and supplies Telecommunications expenses Insurance Staff acquisition, training and recognition Transportation and meetings Communications Maintenance Other expenses Depreciation expense Total expenses $ 2,486,963 191,147 239,751 2,917,861 $ General & Administrative $ 250,006 16,594 25,725 292,325 243,971 21,612 52,773 318,356 Total $ 2011 2,980,940 229,353 318,249 3,528,542 $ 2,430,498 184,166 258,637 2,873,301 164,040 3,648 53,588 179,977 7,524 52 18,806 10,879 53,899 69,198 8,100 8,762 225,463 72,898 80,494 199,618 197,613 48,620 138,832 153,692 237,606 3,558 2,852 244,016 138,801 48,613 3,685 4,668 409 2,776 2,693 56,057 6,787 39,848 10,630 178,372 6,380 19,760 204,512 162,550 160,619 62,846 46,716 26,017 11,238 22,758 12,136 - 4,532 746 11,426 129 4,361 176,389 86,350 70,278 129 30,378 105,258 34,192 64,831 1,378 55,631 4,083,588 82% 34 Fundraising College possible annual report 2011-2012 $ 390,733 8% $ 507,590 10% $ 4,981,911 100% $ 4,025,177 Printed in-kind courtesy of Thomson Reuters Printed courtesy of Thomson Reuters College Possible is supported by AmeriCorps State and National, AmeriCorps VISTA, ServeMinnesota, ServeNebraska, ServeWisconsin, Ashoka, Greater Twin Cities United Way and New Profit Inc. An Independent Auditor’s Report by Eide Bailly resulted in a clean audit, or “unqualified opinion with no adjustments,” on College Possible’s financial statements, most of which are on the three preceding pages of this Annual Report. The complete Independent Auditor’s Report is available at CollegePossible.org. Open a world of opportunity 35 COLLEGE POSSIBLE Making college admission and success possible for low-income students Jim McCorkell Founder and CEO 450 N. Syndicate Street, Suite 325 Saint Paul, MN 55104 Phone: 651.917.3525 Fax: 651.917.3522 Info@CollegePossible.org CollegePossible.org