President's Report 2006 - Rose State College
President's Report 2006 - Rose State College President's Report 2006 - Rose State College
financial information Protecting the investment of donors is a primary goal of the Board of Trustees of the Rose State College Foundation. Investment decisions are made by the Finance and Investment Committee to provide the greatest yield and to provide immediate access to funds for scholarships and programs at Rose State College. 2006 foundation assets expenditures for 2006 $4,150,624.41 total assets as of June 30, 2006 Artwork Collection $7,000.00 Stocks $29,219.58 Land Held for Sale $31,325.00 Cash & CDs $136,086.14 CommonFund Investments $361,869.01 Atkinson Heritage Center $1,400,000.00 Public & Private Endowments $2,185,124.68 Category of Expense Expenditure Scholarships, Academic Awards and Programs $169,389.14 Audit $22,929.00 Honors and Academic Programs $2,300.00 Community Relations $3,205.04 Fundraising $12,193.57 Atkinson Heritage Center $53,000.00 Real Estate Property $10,442.00 Fundraising Software $12,000.00 Other (Office Supplies, Postage, Insurance, etc.) $8,779.00 $294,237.75 total expenditures for 2006 28 Rose State College Foundation: Annual Report | 2005-2006
news & events FNB Charity Golf Classic Nets $48,300.00 The 14th First National Bank Charity Golf Classic was held May 19, 2006, at John Conrad Golf Course. Over 30 metro-area businesses came together to have fun and support the Rose State College Foundation. Participants enjoyed lunch provided by Rose State faculty and staff organizations, a lively silent auction, and dinner catered by Spencer’s Smokehouse. The reverie started with a 12:30 p.m. shotgun start and 18 holes of “championship” style golf. At the culmination of the day, FNB President and Chairman of the Board Robert H. Croak presented Rose State President James Cook with a check, bringing the total raised by the 14 FNB Charity Golf Classics to well over $250,000.00. “FNB’s vision is to support our local communities by providing strong leadership Robert and Bill Croak present a check to President Jim Cook, Foundation Director Lisa Pitsiri and Foundation Board of Trustees Chairman Roger Ford following the May 19 golf classic. for community growth,” said Bill Croak, FNB senior vice president and tournament coordinator. “By helping students realize their dreams through higher education, we help our citizens, community and country enjoy a better quality of life and help our future leaders to grow.” Loveless Retires After 35 Years Rose State College Foundation Director Susan Loveless retired on January 1, 2006, after 35 years with the College. “It has been a wonderful career and I carry with me many wonderful memories,” Loveless said. “Rose State College and the Rose State Foundation have a great future. With your continued dedication of time, talent and treasure, excellence in higher education at Rose State College will be sustained.” In January 2006, Lisa Pitsiri was named Foundation executive director and associate vice president for Resource Development. She had served as Rose State’s News Bureau Coordinator since October 2000. 29
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news & events<br />
FNB Charity Golf Classic Nets<br />
$48,300.00<br />
The 14th First National Bank Charity Golf<br />
Classic was held May 19, <strong>2006</strong>, at John<br />
Conrad Golf Course. Over 30 metro-area<br />
businesses came together to have fun and<br />
support the <strong>Rose</strong> <strong>State</strong> <strong>College</strong> Foundation.<br />
Participants enjoyed lunch provided by<br />
<strong>Rose</strong> <strong>State</strong> faculty and staff organizations,<br />
a lively silent auction, and dinner<br />
catered by Spencer’s Smokehouse.<br />
The reverie started with a 12:30<br />
p.m. shotgun start and 18 holes of<br />
“championship” style golf. At the<br />
culmination of the day, FNB President<br />
and Chairman of the Board Robert H.<br />
Croak presented <strong>Rose</strong> <strong>State</strong> President<br />
James Cook with a check, bringing the<br />
total raised by the 14 FNB Charity Golf<br />
Classics to well over $250,000.00.<br />
“FNB’s vision is to support our local<br />
communities by providing strong leadership<br />
Robert and Bill Croak present a check to President Jim Cook,<br />
Foundation Director Lisa Pitsiri and Foundation Board of Trustees<br />
Chairman Roger Ford following the May 19 golf classic.<br />
for community growth,” said Bill Croak,<br />
FNB senior vice president and tournament<br />
coordinator. “By helping students realize<br />
their dreams through higher education,<br />
we help our citizens, community and<br />
country enjoy a better quality of life and<br />
help our future leaders to grow.”<br />
Loveless Retires After 35 Years<br />
<strong>Rose</strong> <strong>State</strong> <strong>College</strong> Foundation Director<br />
Susan Loveless retired on January 1, <strong>2006</strong>,<br />
after 35 years with the <strong>College</strong>.<br />
“It has been a wonderful career<br />
and I carry with me many<br />
wonderful memories,” Loveless<br />
said. “<strong>Rose</strong> <strong>State</strong> <strong>College</strong><br />
and the <strong>Rose</strong> <strong>State</strong> Foundation<br />
have a great future. With<br />
your continued dedication<br />
of time, talent and treasure,<br />
excellence in higher education<br />
at <strong>Rose</strong> <strong>State</strong> <strong>College</strong> will<br />
be sustained.”<br />
In January <strong>2006</strong>, Lisa Pitsiri was named<br />
Foundation executive director and<br />
associate vice president for Resource<br />
Development. She had served as <strong>Rose</strong><br />
<strong>State</strong>’s News Bureau Coordinator since<br />
October 2000.<br />
29