NonprofitsSouthwestern Community College Foundation Inc

Education

Southwestern Community College Foundation Inc

SYLVA, NC

Total revenue

$870K

Total expenses

$327K

Net assets

$8.9M

Grants received

$965K

33 grants

EIN

237322352

Tax year

2023

Mission

The Foundation, through its initiatives, supports Southwestern Community College in its mission to offer high quality, innovative instruction and support. See full mission statement on page 2

Programs

2 programs

-School based selection committees meet annually to select rising 7th graders with high potential from the applicant pool. -NCS provides guaranteed, last-dollar tuition assistance to pursue a degree at SCC. -Students, parents, public schools and SCC sign agreements committing to specfic standards/support. -Community businesses, individuals and groups generously provide funding to induct new cohorts of New Century Scholars. . The programs funding is generated by annual donations from residents of Jackson, Macon and Swain Counties. https://www.southwesterncc.edu/new-century-scholars

General Scholarship Support: Southwestern Community College Foundation was established in 1973. It exists solely to support the mission of SCC and is governed by a Board of Directors. The foundation receives unrestricted gifts through the Southwestern Community College Annual Fund, a yearly campaign to support students and the mission of the College. In addition, the foundation solicits contributions from individuals, foundations and companies to establish endowed Named Scholarships, as well as provide Annual Scholarships. For the year 2023-24, 224 Scholarships were awarded at a value of $259,000. . Financial gifts to the Foundation allow SCC to maintain a level of excellence beyond that provided by state and local financial support. These gifts help fund many of the essentials of education, and allow SCC to keep pace with the ever expanding needs of our community. It also enables us to support our faculty and staff in a number of ways resulting in teaching and student support excellence. Gala: The Boots, Blue Jeans & Bling annual SCC Gala has raised, since 2014, in excess of $750,000.00 for student scholarships. The Gala has become the preeminent fundraising event in our service region. In 2023, we changed the seating layout from 8 top tables to 10 top tables giving us the ability to accommodate more guests. Due to this change, 568 guests attended the Sold-Out event held in the Events Center, presented by generous benefactor, Harrahs Cherokee Casino Resorts. In 2023, over $159,000 was raised for student scholarships. We plan to return to the Events Center for our 2024 Gala which is already scheduled for September 28. https://www.southwesterncc.edu/news/once-again-annual-gala-breaks-records

Financials

FY 2023

Revenue

Contributions & grants$524K
Program service revenue
Investment income$296K
Other revenue$50K
Total revenue$870K

Expenses

Grants paid$256K
Salaries & benefits
Fundraising$893
Other expenses$71K
Total expenses$327K
Total assets$8.9M
Net assets$8.9M

People

21 listed

NameRoleCompensation

Brett L Woods

Foundation Director thru December 31, 2023

Board

40 hrs/wk

Evan Hatch

Foundation Director - April 22, 2024 thru June 30, 2024

Board

40 hrs/wk

Dr Don Tomas

College President

Board

2 hrs/wk

Lisa Kim Fisher

CFO, Treasurer

Board

2 hrs/wk

Jenny Holland

Chair

Board

2 hrs/wk

Diane Sherrill

Vice-Chair

Board

2 hrs/wk

Brad Hyder

Secretary

Board

2 hrs/wk

Kim Albritton

Board Member

Board

1 hrs/wk

Howard Allman

Board Member

Board

1 hrs/wk

Erica Bullock

Board Member

Board

1 hrs/wk

Gail Debnam

Board Member

Board

1 hrs/wk

Lynn Dillard

Board Member

Board

1 hrs/wk

Lexie Franklin

Board Member

Board

1 hrs/wk

Luke Hyde

Board Member

Board

1 hrs/wk

Lisa Leatherman

Board Member

Board

1 hrs/wk

Wendy LeMay

Board Member

Board

1 hrs/wk

Beth Lofquist

Board Member

Board

1 hrs/wk

Terri McElroy

Board Member

Board

1 hrs/wk

Brooks Robinson

Board Member

Board

1 hrs/wk

Carr Tyndall

Board Member

Board

1 hrs/wk

Charles Wolfe

Board Member

Board

1 hrs/wk

Grants received

Showing 33 of 33

FromAmountPurposeYear
$125K
DENTAL SIMULATION EQUIPMENT FOR NEW DENTAL HYGIENE PROGRAM
2024
$20K
CHARITABLE GIFT
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$500
General Support for the Organization.
2024
$117K
SCHOLARSHIPS AND GRANT DEVELOPMENT
2023
$13K
BENEFIT OF UNIVERSITY ACTIVITIESBENEFIT OF UNIVERSITY ACTIVITIES
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
IMPROVING EDUCATIONAL OPPORTUNITIES
2023
$5K
For grant recipient's exempt purposes
2023
$3K
GENERAL OPERATING PURPOSE
2023
$104K
SCHOLARSHIPS AND GRANT DEVELOPMENT
2022
$20K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
CHARITABLE GIFT
2022
$6K
VIBRANT ECONOMIES
2022
$6K
IMPROVING EDUCATIONAL OPPORTUNITIES
2022
$5K
BENEFIT OF UNIVERSITY ACTIVITIESBENEFIT OF UNIVERSITY ACTIVITIES
2022
$3K
GENERAL OPERATING PURPOSES
2022
$805
EMPLOYEE MATCHING GIFT DONATION
2022
$104K
SCHOLARSHIPS AND GRANT DEVELOPMENT
2021
$6K
IMPROVING EDUCATIONAL OPPORTUNITIES
2021
$200K
SPECIAL APPROPRIATIONS
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$1K
EMPLOYEE MATCHING GIFTS
2020
$100K
SURGICAL TECHNOLOGY EQUIPMENT AND SUPPLIES
2019
$51K
SCHOLARSHIPS AND GRANT DEVELOPMENT
2019
$10K
UNRESTRICTED GENERAL SUPPORT
2019

Funded by

$965K from 14 funders · 33 grants · 2019–2024

North Carolina Community Colleges

$374K · 4 grants · 2019–2023

The Cannon Foundation Inc

$225K · 2 grants · 2019–2024

Wnc Bridge Foundation

$200K · 1 grant · 2020

Morgan Stanley Global Impact Funding Trust Inc

$55K · 5 grants · 2019–2024

Foundation For The Carolinas

$30K · 2 grants · 2022–2024

The Community Foundation

$21K · 3 grants · 2021–2023

Florence Mauboules Charitable Trust

$18K · 2 grants · 2022–2023

North Carolina Community Foundation

$11K · 2 grants · 2019–2022

Details

EIN237322352
NTEE codeB30I
Subsection03
Ruling date1976-02
Formed1973
Employees0
Volunteers30
SOUTHWESTERN COMMUNITY COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo