September 22,2016SCF Lakewood Ranch Campus - 3:30PM

Call to Order

Public Comment

CONSENT: BOD Meeting Minutes 5-19-16 Acceptance of Gifts Financials & Executive Summary as of 6-30-16 Scholarship Report Development Report Committee Meeting Minutes Audit: 6-15 Finance: 6-22 & 8-11 Asset Management: 5-11; 8-24 Avenues Committee Report Ad Hoc Committee Meeting

Title III Grant ◦ What is it and Why is it Important to SCF Students? Student Success Measures Retention Time to Completion Securing Employment

SCF Faculty Vote to Unionize 5-Year Strategic Plan Reflections & Progress 60th Anniversary Kick-Off◦ Year Long Celebration

Lois LucekSarasota

Mentor – Pam Swain

Victoria StultzVeniceMentor – Dorothy Korzen

Erica Wuoiro, Alumni Coordinator

Wuorio joined the Foundation in June. She was previously with the Alumni Relations department at the University of New Hampshire, where she graduated with a Bachelor of Arts in communication. She also has experience with fundraising for High Point University in North Carolina.

June Phillips, Foundation Specialist

June Phillips, Foundation Specialist, “Director of First Impressions”You may have seen June at LWR where she worked for the last 6 years. June, a Maine native, relocated to Bradenton with her husband in 2009. She has a background in development and customer service and is happily making the Foundation her new home.

President/Chair: Cathy KuhlmanVice President/Vice Chair: Mike FullerTreasurer: Lisa BristowSecretary: Cassandra Holmes

SCF-Foundation.org

Please sign and leave with Brenda

Chris Pfahler, President◦ Ceremonial “Passing of the Gavel” to Cathy Kuhlman◦ Representing Venice Region

Ed Nicholas, Governance & Ad Hoc Committee◦ Term Expires 9/30/2016◦ Representing Bradenton Region

Monday, October 24th M&J Auditors Begin Thursday, November 3rd, Audit Draft Completed

by M&J Wednesday, November 9th, Audit Committee

with M&J Auditors to discuss 1st Draft◦ Modifies, Implement Changes, & Start 990 Prep

Monday, November 21st, Audit Committee to review 990

Wednesday, November 30th, SCFF Board of Directors review both Audit and 990◦ Motion to approve audit/990, seek BOT approval, &

Publish◦ BOT Meeting December 6th to Approve

BOD Meetings/Retreats: 11/30/16; 1/25/17; 3/30/17; 5/17/17; 9/14/17

Asset: 10/19/16; 1/18/17; 4/19/17; 6/21/17

Audit: 11/9/16; 11/21/16Finance: 10/26/16; 1/5/17; 3/1/17;6/7/17

Major Events:2017 Avenues Committee-2/25/20172017 Evening Committee-4/1/2017

Recommending an Effective Rate of 4.15%◦ Prior Year – 4.6%◦ Motion to Approve

6-Year Portfolio Performance – Handout

Goal - $2.0M

100% Participation NEW Target $4,000 per BOD Member $48,000 Total BOD Members: 12◦ Does NOT Include Trustee Hager & Dr. Probstfeld◦ Have added two new board members Lois Lucek &

Victoria Stultz

SCENE Magazine $8,600 – Corbus Additional Gifts Event Revenue Increases

Sarasota Magazine & Biz 941$2,600 24-Hour Giving Challenge & Guide to Giving

Observer Season, full page $1,995 Event Revenue Increases

INSPIRE Magazine, $13,285 Individual Donor Gifts

Miscellaneous Other, $10,000 Alumni Give Aways Graduation/T-Shirts Scholarship Luncheon

College Pieces, $0 Strategic Plan Brochure Fact Book (Large & Small) SCF Music Brochure and Playbill

Community Awareness: Sarasota Orchestra Program Ad ½ page $2,819 Orchestra Pops FREE $0 Orchestra Music Fest FREE $0 Asolo Theatre Program Ad ½ page $3,371 WC Black Theatre Program Ad ½ page $665 SWFL Guide to the Arts $627 Sarasota Opera, ½ page winter $1,485 Sarasota Ballet & DNG Program in-kind $0

SCENE Magazine $8,600 Sarasota Magazine & Biz 941$2,600 Observer Season, full page $1,995 INSPIRE Magazine, $13,285 Miscellaneous Other, $5,000

Advertising Media 31%: $18,000 Radio Advertising 38%: $22,800 Web/On-Line 17%: $10,200 Social Media 7%: $4,200 Internet 3%: $1,800 Other 5%: $3,000 Total: $60,000

Multi-Channel Marketing Collaborating with College/Foundation Media

Purchases◦ Getting Better Prices – Saving $$$$

Why Radio? $22,800/38%◦ WSRZ 107.9 – Jones & Crane in the Morning Show 146,200 Listeners Great Negotiated Rate◦ Plus Other Possibilities

2016-17 Budget

2015-16 Projected

2016-17 Budget vs

2015-16 Projected

% 2016-17 Budget vs

2015-16 Projected

RevenuesInvestment Income 1,750 2,061 (311) -15%Net Realized and Unrealized Losses 1,750 1,790 (40) -2%Special Events 440 440 0 0%Other Income 30 30 0 0%

Total Revenue 3,970 4,321 (351) -8%

SupportIndividual, Corporations, Foundations, and Others 2,000 1,900 100 5%

Total Support 2,000 1,900 100 5%

Total Revenues & Support 5,970 6,221 (251) -4%Expenses

Program Services Scholarships 1,473 1,728 (255) -15% Enhancements 542 642 (100) -16% Personnel 264 248 16 6% Contract Services 55 0 55 0% Institutional Support (Lobbying) 52 50 2 4% Other 35 35 - 0%

Total Program Services 2,421 2,703 (282) -10%

General and Administrative - Personnel 150 132 18 14% Marketing 60 28 32 114% Contract Services 25 66 (41) -62% All other G&A 41 37 4 11%

Total General and Administrative 276 263 13 5%-

Fund Raising - Personnel 186 148 38 26% Contract Services 100 100 - 0% Professional Fees for Events 19 20 (1) -5% All Other 17 17 - 0%

Total Fundraising 322 285 37 13%

Total Expenses 3,019 3,251 (232) -7%

Increase(Decrease) in Net Assets Before Change in Value 2,951 2,970 19 -1%

in $000

Budget vs 2015-16 Actuals

State College of Florida Foundation, Inc.

Statement of Activities

2016-17 Budget vs 2015-16 Projected

in $000

2016-17 Budget2015-16 Projected2016-17 Budget vs 2015-16 Projected% 2016-17 Budget vs 2015-16 Projected

Revenues

Investment Income1,7502,061(311)-15%

Net Realized and Unrealized Losses1,7501,790(40)-2%

Special Events44044000%

Other Income303000%

Total Revenue3,9704,321(351)-8%

Support

Individual, Corporations, Foundations, and Others2,0001,9001005%

Total Support2,0001,9001005%

Total Revenues & Support5,9706,221(251)-4%

Expenses

Program Services

Scholarships1,4731,728(255)-15%

Enhancements542642(100)-16%

Personnel264248166%

Contract Services550550%

Institutional Support (Lobbying)525024%

Other3535- 00%

Total Program Services2,4212,703(282)-10%

General and Administrative- 0

Personnel1501321814%

Marketing602832114%

Contract Services2566(41)-62%

All other G&A4137411%

Total General and Administrative276263135%

- 0

Fund Raising- 0

Personnel1861483826%

Contract Services100100- 00%

Professional Fees for Events1920(1)-5%

All Other1717- 00%

Total Fundraising3222853713%

Total Expenses3,0193,251(232)-7%

Increase(Decrease) in Net Assets Before Change in Value2,9512,97019-1%

of Annuity Liabilities and Value in beneficial interest in- 0

remainder and perpetual trusts

DASHBOARD 2015-2016

As of 9/16/2016 - Unaudited

FY Targets FY Actuals FY Variance Var. Percentage

Individuals $ 608,000.00 36% $ 612,492.00 33% $ 4,492.00 1%

Foundations $ 513,000.00 30% $ 738,337.00 39% $ 225,337.00 44%

Corporations & Organizations $ 779,000.00 46% $ 532,530.00 28% $ (246,470.00) (32%)

TOTALS $ 1,900,000.00 $ 1,883,359.00 $ (16,641.00) (1%)

100% Participation & Engagement◦ Events/Board Meetings/Financial Goal/PLUS-PLUS

SCFF GIVE OR GO GET GOAL ◦ EXCEEDED Goal by $1,000 per Board Member $4,200 vs. $3,200 per Board Member

100% Participation on 24-Hour Giving Challenge◦ Board of Trustees◦ Board of Directors

With your help, weSURPASSED OUR $18,000 GOAL!

the SCF Foundation raised$26,250 in unmatched funds, and

$31,725 in matching money

THAT'S A TOTAL OF$57,975!

Including prizes, checks and donations through the Foundation website, we raised over $60,000 in 24 HOURS!

The SCF Foundation was honored to participate in the Giving Challenge, and if you missed the excitement leading up the 24 hours, please visit and "like" our Facebook pages (SCF Alumni Association, State College of Florida

Foundation, Inc.) and view the videos that showcase the many different ways you can give back to the State College of Florida.

We can't thank you enough for your support of our students!

As of 5/10/2016 - UnauditedItem Description Campus Date Target Actuals Variance Var. Percentage

Avenues des Artistes SCF Bradenton 2/20/2016 93,000.00$ 91,662.00$ (1,338.00)$ (1%)

Evening Under the Stars SCF Venice 4/9/2016 111,621.00$ 112,500.00$ 879.00$ 1%

Sundays @ Neel SCF Bradenton December 86,000.00$ 91,961.00$ 5,961.00$ 7%

UF Engineering Den/Advisor SCF Venice Fall 2017 200,000.00$ -$ (200,000.00)$ (100%)

Library Learning Center SCF Bradenton Fall 2017 1,000,000.00$ 365,000.00$ (635,000.00)$ (64%)

Studio of Performing Arts SCF Bradenton Fall 2017 3,500,000.00$ 10,000.00$ (3,490,000.00)$ (100%)

Health & Human Performance Center SCF Bradenton Fall 2017 6,000,000.00$ -$ (6,000,000.00)$ (100%)

Grand Total $10,990,621 $671,123 (10,319,498.00)$ (94%)

Bequests & Other $125,000SCFF Board of Director Fundraising 2014-2015 $213,000Ralph French Charitable Foundation $25,000SCFF Board of Director Fundraising 2015-2016 $347,000**◦ Sub Total: $710,000

Prospects:◦ Selby Foundation Grant Applied: $249,480◦ Bradenton Kiwanis Club Fdn Applied: $135,000◦ Other Potential Grants $150,000◦ Sub Total: $534,480

TOTAL: $1,244,480,000

$347,000 Unrestricted Fundraising◦ Event Fundraising $$◦ Unrestricted Gifts◦ And Asset Profits

Recommendation?◦ MOTION

Wednesday, October 5, 2016, noon Presenting Sponsor: Suncoast Credit Union Additional Invites LOCATION: IMG Academy Golf Club

4350 El Conquistador PkwyBradenton, FL 34210 (941) 758-1466

SCFF Board Photos Responsibilities of a “Table Captain”?◦◦

Donation Goal: $5,000+

tel:+9417581466

Thank Presenting Sponsor: SUNCOAST CREDIT UNION RepresentativesCindy Helton

Welcome ALL table guestsFacilitate Intros & Encourage ConversationDistribution of SCFF Scholar PinsHow to Handle Benefactor AbsenceSCF Student Needs to Leave EarlyGiving Card Solicitation & YELLOW envelopQuestions?Asking for a contribution will NEVER be easier!

1. KEVIN F. DUFFY SR. MEMORIAL SCHOLARSHIP –STUDENTS WITH DIABETES

2. NEXT STEP SCHOLARSHIP PROGRAM – FIRST GENERATION IN COLLEGE

3. NO-VEL Post 159 Veteran Scholarship –VETERANS

4. Dr. George and Sally Spears Scholarship – MERIT BASED SCHOLARSHIP FOR STUDENTS WITH NEED(THANKS ERIC WUORIO !)

Year 2016-2017 2015-2016 Total Num. Applications 2,286 2,703 Total Students Offered 828 874 Awards Offered $1,495,098 $1,216,238 Average Award $1,806 $1,392 FOUNDATION Students Offered 613 640 Awards Offered $983,252 $790,907 Average award $ 1,604 $ 1,236 PASS THRU Students Funded 259 234 Awards Funded $511,846 $425,331 Average award $ 1,976 $ 1,818

Committee Members SCF Faculty Participants◦ Work-in-Progress

Excellence Flyer Corp. Sponsor Pkg. Case to Support SCFF/SCF Goal: 1 Table per Mbr

Pamela Swain

Charlie Ann Syprett

Cristina Najmy

Dianne Anderson

Edie Deane-Watson

Jenna McCoy

Jennifer Michell

Kara Altice-Montes

BJ Creighton

Phill Baker

Lois Lucek

Penny Hill

Bill Murphy

Cassandra Holmes, Executive Director

Mary Lou Bale, Director of Development

Erica Wuorio, Alumni Coordinator

Jamie Smith, Director of Communications & Marketing

Alex Quarles

Susan Palmer

Commitments:◦ Tom and Carol Beeler:

$10,250 ◦ Maurie Richards & Jack Keslar: $1,000 ◦ Ed and Betty Campbell: $10,000 ◦ Wes and Annie Scheufler: $5,000 ◦ John Weichel:

$10,000 (Pending upon his return from NC & meeting with MCF Exec and children)

Total as of 8/3/2016: $36,250 Remaining Balance: $23,750 Still looking at MCF, CFSC, GCCF

Memorial Ceremony for Dr. Korcheck, 9/23/2016, NPAC, 2PM, SCF Bradenton

Groundbreaking for New Library & Learning Center: October 3, 2016, 9AM

Scholarship Luncheon: October 5, 2016 Avenues to the Future: February 25,

2017 Evening Under the Stars: April 1, 2017

Please complete the board assessment sheet and Thank You notes and leave with Brenda

Dear Ms. Nash & All the SCF Foundation Members and staff,I would like to take this opportunity to thank you for all your support and guidance. If it were not for your financial support it would have made it more difficult for me to achieve my next goal. I am so blessed with your generosity and all the experiences I have enjoyed. This July of 2016, I will begin my career in dentistry at LECOM School of Dental Medicine in Lakewood Ranch, FL. When I complete my career and come back to start my practice in Sarasota, I would like to make an endowed scholarship under my name for students who are interested to pursue a career in dentistry and medical fields. I graduated from University of South Florida Sarasota-Manatee on May 9th, 2016, with a major in Biology and a minor Psychology.Thank you for your investment in me and all the future students like me. May God Bless you all and Love you all! I will keep you posted with my studies at LECOM :)

A Healthcare Administration website has ranked State College of Florida, Manatee-Sarasota’s (SCF) online bachelor’s degree in Health Administration among the top five in the country.

Stephanie Morgan, a SCF graduate, received the Best in Session Student Poster award at the Small World Initiative Annual Symposium, part of the American Society for Microbiology.

Outstanding SCF Biotech Graduate Megan Orlando is a published author on a scientific paper done while she was a student intern with the Roskamp Institute.

SCF graduate Elizabeth Anne Miller recently capped off her SCF studies by bringing home three awards from the Phi Beta Lambda (PBL) National Leadership Conference.

Alfonso Lopez, violinist, and Michelle Tabor, pianist, will give a master class and concert at SCF’s Neel Performing Arts Center, which is free and open to the public, will be held at 1 p.m. Wednesday, Sept. 21.

Studio 84 Productions at SCF will present two one-act plays to open the fall theatre season at 8 p.m. Friday, Sept. 30, at SCF’s Howard Studio Theatre

SCF is offering its dual enrolled students a scholarship to Stay & Complete their AA degrees which is offered to 2016 graduates who have a 3.25 grade point average and 24 credits or fewer left toward their degree.

SCF, Manatee-Sarasota SACS Accreditation has been renewed for 10 Years

SCF student Dominick Christou-Ader was one of 18 undergraduate students in the country to win a $1,500 Capstone Travel Award to present his research, part of SCF’s Small World Initiative partnership, to the American Society for Microbiology (ASM).

SCF will add an Honors Program available to all students with classes at SCF Venice.

Labor Assumptions:◦ Benefits Percentage: 28%◦ College Labor Percentage: 57%◦ Foundation Labor Percentage: 43%◦ Recurring: 1% Salary Increase◦ Non-Recurring: $1,200 per FT Employee PENDING Fall

2016 position◦ Top 1/3 Performance Enhancement - PENDING Criteria

FLSA Salary Threshold Increases to $47,476/Year Increase Marketing Expenses:◦ $33,000 vs. $60,000

Increase Board Educational Expenses◦ Board Retreat 2016-2017

Decrease INSPIRE Magazine Expenses◦ Was $50,000 now $15,000

Robyn Bell, the Director of Instrumental Studies at SCF, will head the newly formed SCF Bradenton Symphony Orchestra (BSO), a classical music ensemble comprised of student musicians from the college and musicians from the Bradenton area.

Essentially, the orchestra’s strings section will be made up of SCF student musicians. The brass, woodwinds and percussion sections will mostly be filled with musicians from the community.

The BSO is scheduled to perform its first concert on Oct. 7.

2016-17 Profit:

Avenues: $52,500

Sundays: $33,238

Evening: $75,659

Inspire: $ 5,000

TOTAL: $166,397

2015-16 Profit:Avenues: $41,914Sundays: $48,238Evening: $71,934Inspire: $0TOTAL: $162,086

Variance $4,311 Increase

2017 Proposed Budget

Revenue: $112,659Expenses: ($37,000)Profit: $75,659*

*$3,725 increase or 5.2%

2015

Revenue: $107,635Expenses: ($34,471)Profit: $73,164

2016

Revenue: $107,658Expenses: ($35,724)Profit: $71,934

2017 Proposed Budget

Revenue: $78,638Expenses: $45,400Profit: $33,238(decline $15,000)

2014-2015

Revenue: $81,655Expense: ($39,536)Profit: $42,119

2015-2016

Revenue: $91,960Expense: ($43,722)Profit: $48,238

2017 Proposed

Revenue: $94,500Expenses: $42,000Profit: $52,500

20% increase or $10,586

2015

Revenue: $87,255Expenses: (52,690)Profit: $34,565

2016

Revenue: $90,040Expenses: ($48,125)Profit: $41,914*

*This is an 18% increase over first year of event

December 11: SCF Jazz Ensemble Holiday Music

January 15: Karen Granger January 29: The Kingston Trio February 12: Guy Lombardo’s Royal

Canadians February 26: Paul Tanner March 19: Mac Frampton

Chris PfahlerCathy KuhlmanChris RomineEd NicholasMike FullerRick HagerJodi AllenLisa BristowDr. ProbstfeldCassandra Holmes

The committee met and discussed the BOT actions and decided to highlight SCF educational results and SCFF fundraising goals & objectives.

Advisor - $60,000 ($30,000 for 2-years)

UF Gator Engineering Den - $140,000◦ Venice Facilities Remodel: $50,000◦ Furniture: $35,000 ◦ Computers/IT: $10,000◦ Life Size Remote Classroom: $45,000

Cassandra & Heather Shehorn gave Venice Campus Tour to Alan Carlson

Speaking Engagements at Bradenton & Sarasota Gator Clubs in August

Advisor - $60,000 ($30,000 for 2-years) UF Gator Engineering Den - $140,000◦ Facilities Remodel: $50,000◦ Furniture: $35,000◦ Computers/IT: $10,000◦ Life Size Remote Classroom: $45,000

Cassandra & Heather Sheehorn gave Venice tour to Alan Carlson in July

Cassandra & Alan Carlson spoke at the Manatee Gator Club in August.

Board of Directors MeetingWelcome�Chris Pfahler, PresidentConsent Agenda Motion Reflections from Dr. Probstfeld & Trustee Rick Hager Welcome to our New Board MembersWelcome to our new Staff MembersWelcome to our new Staff Members2016-2017 Slate of OfficersNew Website Annual Conflict of Interest FormsHonoring YOUR ServiceChris Pfahler Ed NicholasNEW Compressed Audit Timeline�Chris Romine-Chair2016-2017 Strategic Calendar�MotionSpending Policy & Asset Performance�Mike Fuller-AMC ChairGive or Go Get…Goal 2016-2017�Lisa Bristow, TreasurerLeadership Giving �New Target/Goal 2016-2017Marketing 2015-20162015-2016 Marketing $28,000Proposed Marketing Plan $60,000�2016-2017 – Jamie Smith, Dir. Of CAMWhy Change What We are Doing?�Jamie Smith, Director of CAM2016-2017 Budget�Motion2015-2016 Dashboard � Leadership Giving & Goals�Outstanding��24- HOUR GIVING CHALLENGE�Results 9-21noon thru 9-22 noon� Score Card 2015-2016Fundraising Results $1M �Library & Learning Ctr EnhancementsCONGRATULATIONS 2015-2016Annual SCFF Scholarship Luncheon�Board Role & ResponsibilitiesTable Captain Duties�Handout & SCF Points of PrideList of New SCFF Scholarships ���SCF Foundation Scholarships�to date 9/15/16��Avenues to the Future-2/25/2017�Pam SwainMusic Excellence ResultsDATES TO KNOW�Sign Clip Board TODAY!Self Assessment & Adjournment�Cathy Kuhlman, President�Slide Number 39�Thank you Letter from student:�Priscilla Sosa� Points of PrideMore…Expense AssumptionsThe State College of Florida�Bradenton Symphony OrchestraEvent/Magazine Profit ComparisonEvening Under the StarsSundays at Neel SeriesAvenues Event – SCF Bradenton CampusSundays at Neel 2016-2017Ad Hoc Committee Results�Meeting August 22, 2016UF Gator Engineer Den Update�On SCF’s Venice Campus HEALTH & HUMAN PERFORMANCE CENTER—PRICE NOW $6.0 MILLION (FROM $5.5)STUDIO OF PERFORMING ARTSNew Library & Learning CenterUF Gator Engineer�Venice Campus