History:
In 1971 a group of active alumni and community leaders saw a need for the college to have an outside funding source to help with student scholarships. Three local banks donated a total of $1,250.00 and the ACCC Endowment Association was born. The original board of directors included the following individuals: Robert Stadler, Robert Talkington, Lloyd Swanson, Dr. Bill Spencer, Mrs. Emerson Lynn Jr., Ivan Strickler, John Powell, Douglas Dawson, Lawrence Singer, Jim Strong, Fred Hiller, Jack Works, Floyd Smith, Dr. John Corpolongo, and Webb Dreiling.
Milestones:
In 1995 the Endowment Association was awarded a Challenge Grant from the federal government. This award meant that if the Endowment Association reached a goal of $250,000.00 the government would match that goal with $500,000.00—a two for one match! With the commitment of the ACCC Administration, the ACCC Endowment Board, and the work of many volunteers, that goal was met and exceeded! After an 18-month period the Endowment Association’s assets had reached 1.8 million dollars.
In October of 2004, the Endowment Association was fortunate to receive another Challenge Grant and the “Gateway to Education Million Dollar Challenge Grant Campaign” was born. If $350,000 was raised in a five year period, it would be matched with another $350,000, a one-for-one match, for a total of $700,000. The Endowment Association Board of Directors is always up to a challenge, so adding another $300,000 to the campaign made it a million dollar event! Fifty-five new scholarships were endowed between October 2004 and January 2007 and the matching funds were expended. The board expects to complete this campaign well before the five year period ends on September 30, 2009.
Today:
The Endowment Association has 176 named endowed scholarship and assets of $3.7 million. During the previous academic school year Allen and the Endowment Association awarded over $837,491 in scholarship dollars to Allen students. Our five-year goal is to have endowed funds in excess of $5 million. The Endowment Association sponsors several fundraising activities throughout the year. These include a telefund, silent auction, live auction and dinner; a golf tournament and a scholarship luncheon. .
Ways To Make A Gift:
Gifts may be made outright or deferred. There are many ways of giving to the Endowment Association besides cash. These include antiques, artwork and collectibles, business inventories, crop revenues, jewelry, land contracts, life insurance, livestock, mortgages, notes and leases, real estate, royalties, and stocks and bonds.
Alumni:
The Endowment office is also responsible for keeping a current alumni list. The Allen Advocate, a quarterly publication from the Endowment Office, is sent to ACC alumni and friends. If you are a graduate of Allen please register on our website. If you would like more information about the Endowment Association, would like to make a gift, or endow a scholarship, please contact Cindy Adams at 620-365-5116, extension 218.
2008-2009 Endowment Association Board of Directors
Officers:
President— Jon Dunbar, Colony
Vice President— Jason Kegler, Iola
Secretary—Teri Porter, Iola
Treasurer— Diane Bertone, Iola
Board of Directors:
Neal Barclay, ’84, Iola
Jim Bauer, ‘89, Iola
Ken Gilpin, Iola
Bret Heim, Iola
Bob Johnson Jr., Iola
Craig Neuenswander, Iola
Teri Porter, Iola
Larry Ross, ’71, Moran
Ken Shetlar, ’68, Iola
James Works, Humboldt
Bill Wolf, Iola
Endowment Office Staff:
Cindy Adams, ’74, Director of Development, Yates Center
Sara Ellis, Administrative Assistant, Iola
Ex-Officio Members:
John Masterson, Iola, ACC President, Ex-Officio
Jenny Spillman, Moran, ACC Board of Trustees President, Ex-Officio
Steve Troxel ‘70, Iola, ACC Director of Finance and Operations, Ex-Officio
(Last updated 9-24-08)
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