Foothill-De Anza Community Colleges Foundation A Presentation to the Foothill-De Anza Board of Trustees Cheryl Hylton, Associate Director Joan Barram, Board Vice President Jim Jackson, Planned Giving Director November 3, 2003

Foothill-De Anza Community Colleges Foundation November 3, 2003 Agenda The Foundation is raising and investing funds well. The Foundation is operating efficiently. The Foundation is progressing towards being self-sustaining and planning for the future.

1. The Foundation is raising and investing funds well Contributions by Program - 2002-03 Description Amount Percent Misc Programs $1,339,800 34.81% Environmental Center 1,027,411 26.70% KCI Fund 637,333 16.56% Fund Raising Events 232,761 6.05% Reynen Scholarship 199,446 5.18% DA Language Lab 101,557 2.64% KFJC Fund 83,444 2.17% OTI 81,675 2.12% Flint Exec Suites 74,807 1.94% Peninsula Womens Chorus 70,317 1.83% Total: $3,848,551 100.00%

Contributions by Program Chart

Fund Balances Fiscal Designated Total Year Funds Endowments Fund Balance 98-99 2,623,300 3,156,095 5,779,395 99-00 3,523,315 3,414,982 6,938,297 00-01 6,552,207 3,524,015 10,076,222 01-02 6,945,672 7,728,007 14,673,679 02-03 7,491,445 9,223,137 16,714,582

Fund Balances Chart

Foothill-De Anza Community Colleges Foundation November 3, 2003 What the Foundation Finance Committee has accomplished? • They have reviewed and evaluated fund managers for performance and prudence. • They have reallocated our portfolio’s funds, resulting in better performance.

Foothill-De Anza Community Colleges Foundation November 3, 2003 The Foundation is operating efficiently Working with a 50% reduction in staff and operating budget Offering Fund Development 101 class for faculty and staff objective to help them become effective fundraisers and to coordinate efforts 48 participants to date Implementing a District-wide proposal coordination process that is creating valuable collaborations across departments

Foothill-De Anza Community Colleges Foundation November 3, 2003 3. The Foundation is working to become self-sustaining and planning for the future The goal is to generate funds to cover operating budget without District financial support Fee task force reviewed CCC foundations, confirming most either have a fee or are in the process of implementing one Administrative fee on Foundation accounts effective January 1, 2004 Administrative fee will range from 1 to 5%, based on average balance and type of fund A communication strategy is being prepared for donors and fund budgeteers

Foothill-De Anza Community Colleges Foundation November 3, 2003 eScrip Campaign Supporters register credit/debit cards Foundation receives a percentage of purchases at 180 participating merchants Participation has increased from 15 to 160 participants since May 2003 Average eScrip proceeds generated per person is approximately $60 per year

Foothill-De Anza Community Colleges Foundation November 3, 2003 Foundation Board Activities • Chancellor’s Circle Campaign progress - 58 Chancellor Circle member households - Raised $150,000 and distributed $112,000 in unrestricted funds since program inception 24 months ago, including $25,000 per college in 9/03 - Organized cultivation reception for Circle members and prospects with 140 in attendance • Major gift campaign is expanding, in coordination with chancellor and college presidents, including new cultivation and recognition strategies

Foothill-De Anza Community Colleges Foundation November 3, 2003 Types of Planned Giving • Bequests through will or trust • Charitable remainder trust • Charitable lead trust • Charitable gift annuity • Naming FHDA as life insurance beneficiary • Naming FHDA as IRA, 401(k), 403(b) beneficiary • Gift of remainder interest in a home or ranch

Foothill-De Anza Community Colleges Foundation November 3, 2003 Planned Giving Program Strategies • Identify and meet with donors and prospects • Conduct seminars/workshops – How to avoid probate, etc. • Produce newsletters and individual mailings • Work with our Foothill-De Anza Planned Giving Council members • Establish an honorary entity to recognize those who have made a planned gift

Ways You Can Help! Support the Chancellor’s Circle Attend Events A Night of Magic - Nov 15, 2003 Foothill Summer Gala - Mid-July 2004 Donate a vehicle Sign up for eScrip Call or email us with suggestions

Your participation is valuable Telephone: 650-949-6230 Email: foundation@fhda.edu