Wayne State College

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Mike Bousquet President of the Wayne State Foundation Board of Trustees During the past fiscal year, the Wayne State Foundation weathered the financial crisis and the economic challenges facing the nation with minimal damage to its investments and with increased revenue from contributions. Your support has kept the foundation strong and given it the ability to continue its mission to contribute to the growth and development of Wayne State College. And contribute it did! The foundation distributed during the fiscal year a record $1.8 million to Wayne State College for academic and institutional support; facilities and equipment; and scholarships and grants. Scholarships continue to be a priority for the foundation, and it awarded $1.08 million in scholarships for the fiscal year. However, the endowment distributions, for the 2009-2010 fiscal year, have been reduced substantially because of unrealized market losses on the endowment. The foundation received endowment contributions of $960,000, but because of unrealized market losses, the endowment values dropped by 14% to $9.7 million. The investments of the foundation dropped a total of 21%. Subsequent to the June 30 year end, the market has recovered some of those losses. In August 2008, the foundation launched the public phase of the Centennial Campaign Remembering the Past ~ Investing in the Future, a $20-million effort. The initiatives of the campaign include: the renovation of Carhart Science Building, developing a Commons in the heart of campus, growing scholarships, building endowments for each of the four schools, unrestricted gifts to the general fund and other restricted gifts. The funds for the campaign stand at $17.8 million. I feel optimistic about the future performance of the Wayne State Foundation and its ability to accomplish its mission because you have demonstrated your commitment to keep it strong… to keep it working for the college. The trustees listed on page 35, have made the same commitment. On behalf of all of the trustees of the Wayne State Foundation, thank you for your gifts to Wayne State. 4 It has been so exciting to see our Centennial Campaign advance to the public phase this year. It has taken time and dedication to get to this point, but your gifts have brought us here. Thank you. Discussions began in 2003 about serious facility deficiencies, campus grounds issues, student scholarship needs, and other important initiatives that only a capital campaign could help address. The Wayne State Foundation Board of Trustees at its October 2003 annual meeting unanimously voted to move forward with the campaign planning but recognized that it would need the support and active involvement of the president of Wayne State College. When Dr. Richard Collings accepted the position as president and arrived in June 2004, the planning for the campaign quickly moved into action by pulling together representatives from the college faculty, staff, athletics and administration along with foundation trustees to reach a consensus on funding priorities. Once in place, the silent phase of the Centennial Campaign Remembering the Past ~ Investing in the Future began. With 75 percent of the $20 million goal in place and confidence in our ability to succeed, the campaign moved into the public phase in August 2008. Now, with just a year to go, we have almost 90% in place. The campaign will close in September 2010 when Wayne State College will celebrate its 100 year anniversary as a state college. Although, the last lap is frequently the most challenging, you have made us confident by your continued support. Please visit www.wsc.edu under foundation to find out more about the Centennial Campaign. A campaign is a mechanism to communicate with prospective donors to let them know how they can have a targeted impact. Thank you for listening. And please know that all gifts make a significant difference. The unrestricted gifts contributed through the phonathon have allowed the foundation to multiply their impact through the campaign. Major campaign gifts have helped fund, for example, the renovation of Carhart Science Building, the creation of the Commons and other restricted gifts. Other major campaign gifts have created new endowed scholarship funds along with funding for annual scholarships. Your gifts allowed the Wayne State Foundation to distribute a record number of student scholarships during the fiscal year, an increase of 24 percent. In addition, the total distributions to Wayne State College increased by 52 percent, and included academic and institutional support, facilities, equipment and scholarships. This would not have been possible without everyone’s gift, both large and small…all gifts matter! Thank you for your contributions, your friendship and your loyalty to Wayne State College. We are proud and pleased to have you as a member of the Wayne State family. Phyllis Conner Vice President for Development and Executive Director of the Wayne State Foundation
Presidents Society The Presidents Society was formed to encourage the active participation of alumni, friends, and businesses in the affairs of the college and to establish an exemplary pattern of annual support. Members are recognized for their financial leadership and counsel, which help fulfill the college’s mission. We extend our sincere appreciation to members for the fiscal year ending June 30, 2009, who are recognized as follows: Lifetime Members – Foundation gifts totaling $100,000 or more or an irrevocable estate gift of $100,000 or more. Arnie’s Ford Mercury Wayne, Nebraska Tim and Leslie Bebee Wakefield, Nebraska Mary Benthack Wayne, Nebraska Mary Benthack Wayne, Nebraska Darold and L Maxine Bobier Arvada, Colorado Carhart Lumber Company Wayne, Nebraska Ted Dohrman San Diego, California EducationQuest Foundation, Inc. Lincoln, Nebraska Norman and Jan Ellis Santa Monica, California Florence Kindler Griffin Texarkana, Texas First National Bank of Omaha Omaha, Nebraska Jim Fletcher La Vista, Nebraska Dave Gardner Shorewood, Minnesota Gardner Foundation Wakefield, Nebraska Jeanne Gardner Wakefield, Nebraska Kirk Gardner Bellevue, Nebraska Gretchen and George Hirschbach Hartington, Nebraska Don and Dolores Lake Le Mars, Iowa Paul and Sally Latta West Des Moines, Iowa Lied Foundation Trust Las Vegas, Nevada Terry McClain Fremont, Nebraska George and Susan Menking Goodyear, Arizona Michael Foods Egg Products Co. Wakefield, Nebraska Milton and Miriam Waldbaum Family Fndt. Omaha, Nebraska Omaha World-Herald Foundation Omaha, Nebraska Peter Kiewit Foundation Omaha, Nebraska Ginny Seymour Naples, Florida Donald and Diane Soukup Henderson, Nevada Alex and Faye Spanos Stockton, California Patricia Ann Stander Omaha, Nebraska STAR Physical Therapy, LLC Franklin, Tennessee State National Bank & Trust Co Wayne, Nebraska Susan Thompson Buffett Foundation Omaha, Nebraska Regg Swanson Nolensville, Tennessee U S WEST Foundation Omaha, Nebraska Valmont Foundation Inc Omaha, Nebraska Connie Webber Wayne, Nebraska Dolores Wimmer West Point, Nebraska H. Nicholas Windeshausen Citrus Heights, California We extend our sincere appreciation to the following individuals who are recognized for their annual gifts during fiscal year 2009. Circle of Excellence Members $100,000 or more Florence Kindler Griffin Texarkana, Texas Gardner Foundation Wakefield, Nebraska *Sonna Holmes Susan Thompson Buffett Foundation Omaha, Nebraska *Dolores Troup Benefactor Members - $50,000 - $99,999 Beef Products Incorporated North Sioux City, South Dakota EducationQuest Foundation, Inc. Lincoln, Nebraska Exemplary Members - $25,000 - $49,999 *Leland Dannals First National Bank of Omaha Omaha, Nebraska Leadership Members - $10,000 - $24,999 Bob and Ginny Peterson Foundation Dakota Dunes, South Dakota Lucille Cunningham Colorado Springs, Colorado DeAnda Auto Sales South Sioux City, Nebraska Janis Dislevy Butte, North Dakota Great West Casualty Company South Sioux City, Nebraska Buford and Arlene Jones Lincoln, Nebraska Robert Miller Canoga Park, California Milton and Miriam Waldbaum Family Fndt. Omaha, Nebraska Norfolk Beverage Company Norfolk, Nebraska William and Leslie Palmer Omaha, Nebraska Pepsi-Cola of Siouxland Inc South Sioux City, Nebraska George L. Shuck Kansas City, Missouri Siouxland Ethanol, LLC Jackson, Nebraska South Sioux City Community Foundation South Sioux City, Nebraska Janet and Edwin Stevens Prairie Grove, Arkansas Regg Swanson Nolensville, Tennessee Terra Industries, Inc. Sioux City, Iowa Valmont Foundation Inc Omaha, Nebraska Distinguished Members - $5,000 - $9,999 Ameritas Life Insurance Corp. Lincoln, Nebraska Twila Anderson Hartington, Nebraska Aventure Staffing and Professional Ser. Sioux City, Iowa Verna Mae Baier Wayne, Nebraska Scott and Patricia Beermann Dakota City, Nebraska Don and Carol Bremer Big Bear Lake, California Mona Casady Springfield, Missouri Dakota County State Bank South Sioux City, Nebraska Earl Miller Construction Inc. Homer, Nebraska Norman and Jan Ellis Santa Monica, California Pat Engel South Sioux City, Nebraska Farmers Mutual of Nebraska Lincoln, Nebraska First National Bank of Beemer Beemer, Nebraska Foundation of the NE Society of CPAs Lincoln, Nebraska Garwood Enterprises South Sioux City, Nebraska Gill Hauling, Inc. Jackson, Nebraska Leonard Gill Jackson, Nebraska Great Dane Trailers Wayne, Nebraska *Gerald Gross Gretchen and George Hirschbach Hartington, Nebraska Ronald Hunter Bellevue, Nebraska Hy-Vee Food Stores, Inc West Des Moines, Iowa IBM Corporation Research Triangle, North Carolina Jeff and Terri Ingrum Colorado Springs, Colorado 5
Page 1 and 2: WSC Campus Commons 2008-2009 Honor
Page 3: The college opened the A. Jewell Sc
Page 7 and 8: Presidents Society continued... Iow
Page 9 and 10: Annual Scholarships Band Day Annual
Page 11 and 12: Continued...Scholarship and Program
Page 13 and 14: Builders Club Tracy Allgood Kevin a
Page 15 and 16: Continued...Black & Gold Club Ronal
Page 17 and 18: Loyalty Club Lonnie Abbott Bryan Ab
Page 19 and 20: Continued...Loyalty Club Mark and J
Page 21 and 22: Continued...Loyalty Club Randall Hu
Page 23 and 24: Continued...Loyalty Club Robert Mat
Page 25 and 26: Continued...Loyalty Club Dale Rolan
Page 27 and 28: Continued...Loyalty Club David Wigg
Page 29 and 30: Gifts in Memory A.D. Benson Memoria
Page 31 and 32: Continued...Gifts in Memory W.E.O.P
Page 33 and 34: Continued...Cornerstone Society Jud
Page 35 and 36: Wayne State Foundation Trustees Gre

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