Tallahassee Community College Foundation, Inc.
444 Appleyard Drive
Tallahassee FL 32304
Contact Information
Address 444 Appleyard Drive
Tallahassee, FL 32304
Telephone (850) 201-8580
Fax 850 201-8572
E-mail foundation@tcc.fl.edu
At A Glance
Organization DBA
TCC Foundation
Organization's type of tax exempt status Exempt-Other
Name of supporting organization Tallahassee Community College
EIN Number 59-2091480
Year of Incorporation 1981
Financial Summary
 
 
Projected Revenue $378,000.00
Projected Expenses $240,000.00
Mission Statement
The Tallahassee Community College Foundation is a not-for-profit corporation, which seeks private supplemental funds to add distinction to educational programs and facilities at TCC. The Foundation is guided by a board of community leaders who provide stewardship over all funds raised by the Foundation. Its mission is to support the College by strengthening connections to the community, promoting excellence in teaching, and expanding student success in a global economy.
Needs Statement
The TCC Foundation is instrumental in helping to support TCC's mission of providing a learning environment that prepares students for success in a global economy by offering higher education pathways, workforce opportunities, and civic engagement experiences.  
 
TCC’s most pressing needs are:
  • unrestricted dollars to be used for area of greatest need 
  • scholarships 
  • funding for Fostering Achievement Fellowship Program
  • funding for Pathways to Success (Adult Education)
  • student retention
  • scholarships for workforce training and development
Impact Statement
The Tallahassee Community College Foundation supports TCC by raising money for scholarships, programs, and facilities. TCC Foundation has:
  • funded the Amy Lynette Bailey Surgical Technology Program at the Ghazvini Center for Healthcare Education.
  • raised over $64,000 through our employee campaign with the most amount given to date. 
  • funded Starfish, an early alert system to help students be successful in their courses and connects students with important campus resources, which ensures student success and retention.
  • renovated the Dental Hygiene labs for $1 million.
  • renovated the STEM labs.
  • provided microloan funding for the Oyster Aquaculture Program for the Wakulla Environmental Institute.
  • awarded over $30,000 in College Innovation Fund grants to faculty, staff, and students who presents an innovative idea that improves the quality and/or quantity of programs and services at TCC.  

The TCC Foundation's goals are to raise money to support scholarships, programs, and facilities and to continue to support the mission and strategic plan of Tallahassee Community College.

Background Statement

In January 1981, Marm Harris, TCC’s second president, convinced the Board of Trustees to establish the TCC Foundation and an institutional advancement position. Prominent community leaders were recruited to serve on the Board, and on February 23, 1981, the Directors met for the first time. In September of 1981, Jeff Schembera became the first Director of Institutional Advancement.

In June 1983, the Board of Trustees appointed Dr. James H. Hinson, Jr. as the third president of Tallahassee Community College. Dr. Hinson was keenly aware of the need for community college foundations, and recognized their potential for success.

In January 1984, Judge W.T. Moore, representing the trustees of the Gates Trust Fund, authorized the transfer of $101,634 to the Tallahassee Community College Foundation. The fund, established in the wills of Ruby and Irvin Gates, provided educational loans for residents of Leon County.

President Hinson recommended that a full time administrative position be established in 1987, and the Board of Trustees agreed. A selection committee chose Stuart Abbey to be the new Coordinator of Institutional Advancement and the Administrator of the Foundation.

In the fall of 1989, Robert Browning of Browning Properties Inc. approached President Hinson with an innovative proposal- to buy property adjacent to TCC and develop a 168-unit student-housing complex. The construction and management of Eagleview, later The Orchards, was the primary occupation of the Foundation for the next six years.

When T. K. Wetherell assumed the Presidency of TCC in early 1995, he recognized the need to reinvigorate the Foundation, and shift its focus from The Orchards to raising private funds. He was also convinced that the Foundation needed a full time Director. In October 1995, the Foundation Board recommended, and President Wetherell appointed, Marjorie Turnbull as the full time Executive Director. The Board was enlarged and emphasis shifted to fundraising.

In 1996, the Board approved a Five Year Strategic Plan to give policy direction to the Foundation based on campus needs. The plan focused on fund raising initiatives and creating endowments. The Strategic Plan set a goal of $2 million in assets by the year 2000. That goal was attained a year ahead of schedule.

As the assets of the Foundation grew, the Board recognized the need to move from investing solely in certificates of deposit to developing a diversified investment policy. Under the leadership of the Finance and Investment Committee, the Board developed a sound investment policy and contracted with The Consultant Group Smith Barney to manage the growing portfolio.

In fall of 2001, the Foundation, working with the Clements Group, an outside consultant, undertook a feasibility study for a major gifts campaign. The study concluded that there existed sufficient support in the community to justify a major gifts campaign with a goal between $9 million and $10 million. The Major Gifts Campaign exceeded expectations and concluded, earlier than predicted, by March 31, 2006.

The Foundation was in a position of strength following the year in which it celebrated its 25thAnniversary in 2006 and the College celebrated its 40th Anniversary. The College is currently planning its 50th Anniversary celebration.

As of January 2015, the Foundation’s assets are approximately $14 million. In February 2015, the Foundation welcomed its new Vice President for Resource Development and Foundation Executive Director, Heather R. Mitchell.

The Foundation Board is composed of a committed group of citizen leaders, who are highly regarded and widely recognized throughout the community. TCC President Jim Murdaugh is strongly committed to the work of the Foundation, and devotes time and energy toward meeting goals. The District Board of Trustees is outwardly appreciative of the role the Foundation plays in helping to meet College needs. Through the combined leadership of the Foundation Board, the President, and the DBOT, the future of the Foundation is bright and the opportunities are endless.

 

Service Categories
Two-Year Colleges
Areas of Service
Areas Served
Areas
Gadsden
Leon
Wakulla
Description
TCC Foundation raises money for scholarships and programs at Tallahassee Community College. TCC Foundation awarded over 400 scholarships to TCC students, totaling over $350,000.
Category Education, General/Other Postsecondary Education
Population Served , ,
Program Success Monitored By
The success of the scholarship program at TCC Foundation is monitored by the number of students who receive scholarships and graduate from TCC.  The tools used are reports from Student Services on graduation rates.
Program Comments
CEO Statement/Executive Director/Board Comments
Board Chair
Board Chair Ms. Pam Butler
Company Affiliation Aegis Business Technologies
Term Apr 2015 to Mar 2016
Email butlerp@aegisbiztech.com
Board Members
NameAffiliation
Mrs. Pamela S. Aveling King Arthur's Tools and Magic Whiteboard Products, LLC
Monte C. Bradwell Bradwell Enterprises, Inc.
J. Breck Brannen Pennington, PA
Sherwood L. Brown First Commerce Credit Union
Ms. Pam Butler Aegis Business Technologies
Mrs. Donna G. Callaway Tallahassee Community College
Dr. Walter E. Colón Periodontal Associates of North Florida
Mr. L. Finley Cook Cook Brothers, Inc.
Dr. Patrick H. Dallet Community Volunteer
Mrs. Marcia Deeb Thornberry Creative Design Solutions, Inc.
Mr. Tom H. Deison Regional Investment Fund, Inc.
Mrs. Kimberly S. Dixon Allen, Mooney, and Barnes Investment Advisors
Mr. C. Wayne Edwards Murphy, Middleton, Hinkle & Parker
Mrs. Almena Hill Pettit Community Volunteer
Mr. Mike Illers Retired
Mrs. Pamela A. Johnson Sandata Technologies
Mrs. Kim Kelling Engstrom WFSU
Mr. Steven M. Leoni Student Housing Solutions Management, LLC
Mr. David Miller Retired
Dr. Jim Murdaugh Tallahassee Community College
Dr. Randy B. Nelson 21st Century Research and Evaluations, Inc.
Dr. Mary L. Pankowski Mary L. Pankowski Law Firm
Mr. Hemant Patel Holiday Inn Express & Suites
Mrs. Susan Payne Turner Prime Meridian Bank
Randy Pople Pople Financial Consulting, Inc.
Dr. Russell B. Rainey Russell B. Rainey, DMD
Representative Curtis B. Richardson Gadsden County School District
Mr. Brian Rowland Rowland Publishing
Mrs. Michele Shapley United Solutions Company of Tallahassee
Mrs. Allison Tant Richard Community Volunteer
Mrs. Beth A. Tedio Uptown Cafe and Catering/ Lee's Place
Mr. Greg Thomas Florida Department of Financial Services
Ms. D. Christine Thurman Thurman Law Firm, PLLC
Mrs. Sherry VanLandingham de la Valdene Family & de la Valdene Foundation
Mr. Kevin Vaughn Rogers, Gunter, Vaughn Insurance, Inc.
Board Demographics - Ethnicity
African American/Black 5
Asian American/Pacific Islander 0
Caucasian 28
Hispanic/Latino 1
Native American/American Indian 0
Other 0 1
Board Demographics - Gender
Male 20
Female 15
Governance
Board Term Lengths 3
Board Term Limits 0
Board Meeting Attendance % 50%
Written Board Selection Criteria? No
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 86%
Number of Full Board Meetings Annually 6
Standing Committees
Audit
Executive
Finance
Investment
Executive Director/CEO
Executive Director Mrs. Heather R. Mitchell
Term Start Feb 2015
Email mitchelh@tcc.fl.edu
Staff
Full Time Staff 3
Part Time Staff 1
Volunteers 0
Contractors 1
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation N/A
Senior Management Formal Evaluation Frequency N/A
NonManagement Formal Evaluation Yes
Non Management Formal Evaluation Frequency Annually
Plans & Policies
Organization has a Fundraising Plan? Under Development
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers 5
Date Strategic Plan Adopted Jan 2004
Management Succession Plan? No
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy No
Fiscal Year
Fiscal Year Start Apr 01 2015
Fiscal Year End Mar 31 2016
Projected Revenue $378,000.00
Projected Expenses $240,000.00
Endowment Value $8,300,000.00
Spending Policy Income plus capital appreciation
Percentage (if selected) 4%
Form 990s
Audit or In-House Financial Documents
Audit2014
Audit2013
Audit2012
IRS Letter of Dtermination
Detailed Financials
 
 
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201420132012
Foundation and
Corporation Contributions
------
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions$438,602$632,685$1,701,988
------
------
Investment Income, Net of Losses$1,263,514$648,465$262,503
Membership Dues------
Special Events----$2,869
Revenue In-Kind$497,372$437,729$445,933
Other$8,310$11,486$18,697
Expense Allocation
Fiscal Year201420132012
Program Expense$1,109,239$735,227$1,115,911
Administration Expense$442,330$409,336$301,279
Fundraising Expense$294,700$308,807$335,325
Payments to Affiliates------
Total Revenue/Total Expenses1.201.191.39
Program Expense/Total Expenses60%51%64%
Fundraising Expense/Contributed Revenue67%49%20%
Assets and Liabilities
Fiscal Year201420132012
Total Assets$15,985,398$15,910,216$15,258,383
Current Assets$4,825,241$6,034,589$5,485,498
Long-Term Liabilities$0$0$0
Current Liabilities$126,070$412,417$37,579
Total Net Assets$15,859,328$15,497,799$15,220,804
Short Term Solvency
Fiscal Year201420132012
Current Ratio: Current Assets/Current Liabilities38.2714.63145.97
Long Term Solvency
Fiscal Year201420132012
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? No
Foundation Comments
  • Financial figures were taken from the audits.
  • Contributions from foundations and corporations are included with total for individuals, as they are not separated in the audit or 990.
  • Top 3 funding sources are not reflected above as they are not indicated in the audit or 990.

 

Additional Documents
State Charitable Solicitations Permit
Nonprofit Tallahassee Community College Foundation, Inc.
Address 444 Appleyard Drive
Tallahassee, FL 32304
Primary Phone 850 201-8580
Contact Email foundation@tcc.fl.edu
CEO/Executive Director Mrs. Heather R. Mitchell
Board Chair Ms. Pam Butler
Board Chair Company Affiliation Aegis Business Technologies
Year of Incorporation 1981