2011 Annual Report

2011 Financial Statements

The community’s enthusiastic support for John Tyler Community College was certainly welcome in 2011. Economic challenges in a slow recovery year didn’t stop JTCC donors from holding strong to their belief in the College, stepping up generously to ensure the College could fulfill its mission to provide quality educational opportunities that inspire student success and community vitality. The JTCC Foundation Board joins me in thanking you for valuing the strong role John Tyler plays in our community and for rewarding the College with continued investment.Supporters made it possible for John Tyler Community College to do what it does best – offer excellent, affordable, and good-sense educational opportunities to the entire community. Area layoffs inspired the College to increase retooling and retraining efforts – preparing folks for career changes by teaching new skill sets. Along with providing academic benefits to the citizens of its vast service area, the College continued to bring notable economic benefits to the region. Findings from a recent national study showed that for every dollar invested in community colleges, there is a $16 return to the community. That’s impressive. JTCC is a true economic engine.Let’s see just what successes your investment inspired in 2011:

• With tuition and fees about 1/3 of those at a public, four-year college or university in Virginia, JTCC’s affordability helped students realize their dreams of a college education. Speaking of affordability, you may not know that the College serves the largest number of dual enrollment students in the State’s 23-member community college system. By taking college-credit courses in high school, college tuition dollars are saved, and college graduation time is shortened.

• By listening to manufacturing and business friends, the College kept academic programming cutting-edge to satisfy advanced workforce needs. This strengthened ties to local businesses that look to the College for workforce training and educational advancement for employees. As the College reached out to help our business partners in a tough economic year, JTCC positioned itself to grow in an anticipated economic upturn in 2012. And don’t forget, John Tyler serves 20,000 non-credit students and over 1,000 companies though the Community College Workforce Alliance.

• Corporate and foundation support was significant in 2011. HCA, Capital One and Dominion Resources gave generously, as did Cameron, Morgan, John Randolph, Metropolitan Health and Richmond Memorial Health foundations. By investing in the many programs John Tyler offers, corporate and foundation friends kept the education wheels turning.

• The Foundation awarded 102 scholarships to deserving students – most of whom could not have attended college without financial help. Many of these students received their awards from endowed scholarships, such as the Margaret G. Lewis Endowed Scholarship and the Preston and Ann Leake Endowed Scholarship. All of our generous scholarship donors helped raise the number of dollars awarded from the previous year to $138,665.

• Through generous Annual Fund donations, the Foundation was able to provide cutting-edge equipment, up-to-date programming, and opportunities for faculty to further their education and bring new knowledge to the classroom.

• In its second year, the Foundation’s fundraising event – Full Moon Madness – grew beyond expectations and netted $53,277 for student scholarships. With Chesterfield County as our partner, the JTCC Foundation provided an evening fostering good community health and lots of “fun”- raising activities for all ages.

• Local governing boards also stepped up funding to ease the pain of anticipated state budget cuts. We thank our area government leaders for understanding that educating our future leaders is critical to the community’s continued good health.

Again, the Foundation Board joins me in thanking all of you for your loyalty and support to JTCC in 2011. We ask that you please continue your generous backing of John Tyler in 2012. A postage-paid envelope is enclosed so that you can conveniently invest in the College. If you prefer to give online, please visit www.jtcc.edu/giving. The best to JTCC’s community of donors in 2012.

E. Wilson Davis, Jr.Director of Economic Development, Chesterfield CountyPresident, JTCC Foundation Board

A Message from the President of the John Tyler Community College Foundation Board

John Tyler Community College Foundation StaffMs. Beverley M. DewExecutive Director

Ms. Anne L. GibsonAdministrative & Alumni Specialist

Ms. Karin M. Hansen Grants Specialist

Ms. Abbi N. Leinwand Director of Development

Ms. Kelly L. Raines-Sullivan Financial & Scholarship Specialist

Our Mission

The John Tyler Community College Foundation acquires vital resources which advance the College’s mission to provide superior, affordable, and accessible education. The Foundation seeks the time, talent, and financial support of alumni, individuals, businesses, civic groups, and elected officials in order to build relationships which ultimately help the College elevate the community’s quality of life.

Diversificationof Investments

40.9% Fixed

50.9% Equity

8.2% Cash

The information contained herein is based upon data obtained from sources believed to be reliable; however, such data is not guaranteed as to its accuracy or completeness and is for informational purposes only. Past performance is not indicative of future results.

Quarter Ending

Market Value Increases of Investments (in thousands)

$5,111

Q1 2011

1,200

2,400

3,600

4,800

6,000

Q2 2011 Q3 2011 Q4 2011

$5,156$4,794

$5,079

Quarter Ending*Endowment Fund-Core was established on June 4, 2006. **Endowment Fund-Value/Income was funded on August 24, 2007.

6,000

4,800

3,600

2,400

1,200

0

Investment Achievements (Market Value in Thousands)

Q1 2011 Q2 2011 Q3 2011 Q4 2011

Endowment Fund-Core*

Undesignated Fund

Grants #2

Grants #1

Endowment Fund-Value/Income**

Net assetsNet assets at end of year (2011) $5,431,547

Contributions are tax-deductible to the extent permitted by law. John Tyler Community College Foundation, Inc. is a not-for-profit 501(c)(3) organization.

Mr. Emad M. Abu-SalehMr. Jamie AlbrightAltria Group, Inc.American Machine Co.American Society of Highway Engineers - Old Dominion SectionAMSTED Industries FoundationMs. Lynette AnchondoThe Andrew and Mavis Farrar Revocable Living TrustMrs. Cathee P. AndrewsAnonymous (4)Anonymous FacultyMs. Allison J. AtkinsMs. Heather AtkinsonMs. Rose H. Baldwin, PLLCMs. Kathy C. BatchelorMr. Mark E. and Mrs. Cheryl J. Beam

Mr. Dwaine L. BelcherMr. Lester BellMs. Joressia BeyerMr. Donald and Mrs. Susan BirdsongMs. Sharon B. BishopMs. Susan Blankenship O’KellyMs. Paula Bonner-HopsonMs. Nova N. BradyMs. Sandra E. BranchDr. Gena C. BrittMs. Lois BrockelmanMr. Mark A. and Dr. Mikell W. BrownMr. Thomas J. W. BrownieMr. Nelson M. and Mrs. Anna E. BryantMr. William and Mrs. Sharon BurnhamMrs. Heather M. BuschMr. Ed P. Cahill, IIThe Cameron FoundationCapital One Services Inc.Dr. Steven J. CarlisleMs. Meredith T. CarringtonMs. Vicky L. CarwileMs. Penny ChaffinThe Charter Colony Foundation, Inc.Chesterfield CountyCJW Medical CenterMrs. Tracey H. ClarkeMr. Hugh A. and Mrs. Deborah ClineMs. Terri ClingerMs. Barbara A. ColcleaserCollege Book Stores of America, Inc.

Colonial Heights American Legion, Post No. 284Mrs. Jo Anne C. ColeMr. Darrell W. Coleman, Sr.Mr. and Mrs. Richard CommanderMr. John M. and Mrs. Pamela M. ComstockMr. Kevin T. CorbyMr. James L. CosbyCox Media GroupMs. Debra L. CurtisMr. Maurice D. Dacey, Esq.Mr. Brain DailMr. Edward L. and Mrs. Laura C. DailThe Honorable Rosalyn R. DanceMr. Tim and Mrs. Lisa M. DaveyMr. Alan W. DavisMr. E. Wilson and Mrs. Marice W. DavisMr. Allen and Mrs. Laura DavisMs. Sherri L. Deutsch-AtwellMr. Aldo De La CruzMs. Beverley M. DewMs. Donna DiversDM Concessions, Inc.Mr. Charles DoddsMr. Don DoerrDominion FoundationDominion Resources Services, Inc.Ms. Alicia DoppMr. Marvin O. DunnE. I. DuPont de Nemours and Company, Inc.Mr. Arthur A. EavesMs. Antoinette Edwards

Lewis MayesThrough the funeral services program at John Tyler, Lewis Mayes is embarking on a new, exciting and rewarding career. Mayes retired after 30 years as the chief fire protection officer and emergency coordinator for a local Fortune 100 company. During that time, he served as a volunteer paramedic, as a member of the Chesterfield Fire & EMS hazardous incident team, and as a John Tyler adjunct instructor in hazardous materials response. You could say that he’s come full circle at John Tyler.

For Mayes, funeral services just seems to be a natural step in his career. “I love meeting with families and playing a vital role in their bereavement process. In this profession, it’s definitely not about the money, but the deep-seated pride that I get with helping every family.”

Molly ToncrayLike a lot of people who work in the medical field, Molly Toncray traces what is happening now to what has happened in the past. Toncray recognizes that college classes that didn’t initially excite her, like reading in the content areas, helped her tremendously as she later waded through subjects like anatomy and physiology. She recognizes that time spent in college as a tutor and a work-study student in biology labs make her a better coworker now. She knows connections she made with supportive faculty members at Tyler helped her find her passion and get where she is today – working as a surgical technologist.

Toncray earned an Arts and Sciences degree and an Allied Health, Surgical Technology Preparatory, career studies certificate from Tyler. She then went on to earn a certificate in surgical technology from another community college in Virginia. Now, working in her field, Toncray sees another connection: the one between the support given to the John Tyler Community College Foundation and students like her. “There are so many reasons to support John Tyler, and one of them is that when you are supporting the College, you are putting money into students like me. I didn’t think I could make it in college, but I did. I found myself at Tyler.”

Preston H. and Ann Kelly Leake The Chancellor’s Award for Leadership in Philanthropy was created in 2006 to honor leading philanthropists from each of Virginia’s 23 community colleges as well as the system’s statewide foundation. The John Tyler Community College 2011 Chancellor’s Award recipients were Preston H. and Ann Kelly Leake (pictured above). The Leakes have given generously to John Tyler because they believe in education and the role of community colleges. “We do this because there are so many people who could pursue higher education if they had just a little help, an extra little push at the start.”

Scholarship Celebration Night

The 2011 Scholarship Celebration Night was held on August 17, 2011 at the Cultural Center of India. A total of $138,665 in scholarships was awarded to 102 students.

2011 DonorsMr. Stephen D. and Mrs. Jean H. EitelmanMr. Homer C. EliadesMr. Peter EliadesEliades and Eliades PCMr. Terrence L. ElrodMs. Sandra A. ErhartMr. Dennis J. and Mrs. Ann B. FalkDr. Germaine S. FauntleroyMr. Colin F. FergusonMr. Mark FioreMr. Michael J. FleckensteinMr. Selwyn L. Flournoy Jr.Food LionMs. Margaret L. FreemanFriends of Emily TudorFriends of Janay GreenMr. Thomas R. FulghumMs. Karen L. GammonGarland and Agnes Taylor Gray FoundationMrs. Anne L. GibsonMr. Michael GibsonMr. James and Mrs. Clara M. GriffinMr. John L. and Mrs. Joyce L. GrohuskyMs. Karey H. GroomeMr. Vernon GwaltneyMrs. C. Denise HaasMr. Bradford S. HammerMs. Karin HansenMr. Harry B. Hargis, Jr. and Mrs. Hookie HargisMs. Aretha HarrisMs. Donna R. HarrisMr. Bill and Mrs. Bettyanne HarrisonMs. Gloria G. HarvellDr. and Mrs. David M. HeadMs. Yutze Hendrix

Mr. David L. HickmanMr. Christopher and Mrs. Mara HilliarMr. Linwood S. and Mrs. Deborah HinesMr. Robert A. and Mrs. Cynthia C. HodgesMr. Andre’ L. Holcomb Sr.Ms. Tilda M. HollowayMs. Audrey D. HolmesMs. Elizabeth T. HolmesMr. Thomas W. HolmesHopewell High SchoolMs. Barbara J. HornsbyMs. Joanne HortonMrs. Tracey HowellMr. Onza E. HyattMrs. Belinda B. IsbellJ. T. Morriss & Son, Inc.Mr. Bryce D. Jewett, Jr.Jewett Automation, Inc.Jewett Machine Manufacturing CompanyMs. Nancy JimisonJohn Randolph FoundationJohn Randolph Medical Center Auxiliary, Inc.Mrs. Judy I. JohnsonMr. Walter M. JohnsonMs. Sandra JonesMr. Tyscene JonesMr. Vandy V. Jones, IIIMr. and Mrs. Joseph T. JordanDr. Roy I. and Mrs. Maggie M. KaplanMs. Leonda KenistonMrs. Theresa K. KennonMs. Yeshiareg T. KifleKleane Kare Team, Inc.Koralee’s Coffee HouseMrs. Donna Koski, M.Ed

Kroger Co.Ms. Crystal C. KvasnickaMs. Emily H. LaneMr. and Mrs. Ronald D. LauxMs. Kit-Chau LawDr. Preston H. and Mrs. Ann K. LeakeMs. Amy L. LeavyMr. David O. and Mrs. Judith F. LedbetterMs. Abbi LeinwandMs. Margaret G. LewisMr. Arthur L. and Mrs. Norea LoweryMr. William C. and Mrs. Linda L. LuebkeMs. Rena M. MalloryMarietta McNeil Morgan and Samuel Tate Morgan Jr. FoundationMr. Peter MarmersteinMs. Suzan MarshallMrs. Violet MartinMartin’s Food MarketsMs. Bobbie MassaquoiMrs. Jill Y. MathieuMs. Ethel N. McCabeMrs. Myriam G. McCrayMs. Robin H. McCulloughMs. Helen H. McKannMr. Frank MedagliaMedia General, Inc.Metropolitan Health Foundation, Inc.Mr. and Mrs. Gordon Meyer, Jr.Midlothian Ruritan ClubMs. Elsie J. MooreMr. John W. MooreDr. Melody L. MooreMorrissett Funeral HomeNational Student Clearinghouse

Karea BaileyThe 2012 Foundation Art Award winner is Nickel Bridge, a photograph taken by Karea Bailey (pictured right). The winning artwork was unveiled on December 11, 2011 at the Foundation’s holiday party. Karea Bailey is a talented artist skilled in painting, drawing, design and photography. She recently graduated from John Tyler with an associate of applied arts degree. The Foundation Art Award is an annual competition started in 1995 to showcase the artistic abilities of John Tyler students.

Full Moon MadnessOn October 8, 2011, the Midlothian Campus welcomed over 2,500 people for the second annual Full Moon Madness. The event featured a 5K race, 1-mile Moonwalk, Fright Night, Fun Zone of kids’ activities, health clinic, food and music. The event was great fun for the whole community, and in its second year, it netted over $53,000 for student scholarships.

Ms. Patti L. NunnallyMr. John C. OlsenMs. MaryGrace N. PadenMs. Jill A. PainterMr. Tom ParrottDr. Chris PfautzPioneer Hi-Bred International, Inc.Ms. Rhonda K. PleasantsMs. Mari R. PowersMr. Philip L. and Mrs. Brenda L. PritchettMs. Tracye ProffittProgressive EngineeringMr. Alan C. PurvisMrs. Marolyn R. QuarlesMs. Kelly L. Raines SullivanMr. Andrew A. RashidDr. Pascal D. and Mrs. Melanie RenaultMs. Catherine ReynoldsMr. Edmond B. Reynolds, Jr.Mrs. Teresa K. RichardThe Richmond Academy of Medicine Alliance Foundation, Inc.Richmond Tooling, Inc.Mrs. Ivarine RobertsonMs. Dionne R. RollinsRolls-Royce North AmericaMs. Lori R. Rowley-HurleyDr. and Mrs. James H. RyanDr. Sabah D. SaleemSam’s ClubDr. and Mrs. George E. SanbornMr. Edwin C. Savedge, Jr.Mr. Arthur J. Schuetze, IIIMs. Christine M. SchwabMr. Craig SchwartzMr. John and Mrs. Dolores S. Settle

Mr. John D. and Mrs. Karol G. SharpMs. Aimee C. ShearinSheltering Arms Rehabilitation CenterSherwood Forest PlantationMr. Richard R. SikonDr. Kristine SmetanaMr. Charles SmithDr. Marshall W. SmithMr. Michael SmithMs. Rebecca W. SmithDr. Yvonne D. Smith-JonesMs. Heather SorrellMs. Patsy SorrellMrs. Penny L. SpeidelMr. Curtis F. and Mrs. Darlene E. StevensMr. Richard A. StewartMr. David StoverMr. Marvin E. StuckMs. Kerrigan SullivanMs. Barbara L. SundaySunTrust FoundationMs. Rhonda SuttonMs. Carolyn S. Szwarc and Ms. Deanna SzwarcMr. William H. Talley, IIIMr. James D. TaylorMs. Judy E. TaylorMr. William F. TaylorMr. Paul F. ThompsonMr. Gary R. ThomsonMr. Leslie S. ThysellMs. Charlene T. TillerMr. Ricardo D. TorresMr. and Mrs. Harrison R. TylerUnited Way of Greater Richmond and PetersburgMr. Henry and Mrs. Chamie ValentineDr. Ruth Varney

Mr. William L. Vaughan, Jr.VFW Post 2239-Robert E. Lee PostMr. Edwin K. and Mrs. Sandra D. ViaVillage BankVirginia Asset ManagementVirginia Foundation for Community College EducationVirginia Funeral Directors Association Inc.Voiture 1530 40 & 8 - Colonial HeightsMrs. Holly W. WalkerWal-Mart StoresMs. Nancy O. WeltonMs. Mary B. WentworthMs. Ruth D. WestMr. Michael R. WhiteMrs. Melissa B. WilkinsMs. Gayle L. WilkinsonWilliam H. Talley & Son, Inc.Dr. James C. Williams, Jr.Mr. John R. WilliamsMr. Ken E. WilliamsMs. Nancy T. WilliamsMs. Jill A. WoithMrs. Hajnalka WoosleyMr. Cecil G. Yeatts, Jr.Ms. Constance C. Zeh

Scholarship NightWhile John Tyler Community College’s Foundation supports a number of worthwhile initiatives at the College, its most important work centers around supporting scholarships for students, both through endowment funds and through named scholarship funds. Many of our students academically qualify for scholarship assistance, but many of those students are unable to participate in federal or state financial aid programs. The Foundation scholarships thus represent a chance for deserving persons to change their lives for the better through higher education. Yet for each individual the Foundation is able to help, others are turned away because of the total amounts available. Thus, contributions to the Scholarship Fund or the establishment of named endowed scholarships leave a lasting legacy of solid and meaningful support for the institution and, most importantly, its deserving students. Please consider helping with this important task.

Sincerely,

Dr. Marshall W. SmithPresident, John Tyler Community College

Mr. E. Wilson Davis, Jr., PresidentDirector of Economic DevelopmentChesterfield County Economic Development

Mr. Peter Marmerstein, 1st Vice PresidentCEO, CJW Medical Center

Mr. Michael White, 2nd Vice President President & CEO, Virginia Asset Management, LLC

Mr. Edward Cahill, TreasurerSenior Vice President, Corporate Credit ReviewCapital One

Dr. Marshall W. Smith, Secretary President, John Tyler Community College

Ms. Cathee AndrewsHuman Resources Director, Amsted Rail

Mr. Lester BellInstructor, Precision Machining TechnologyJohn Tyler Community College

Ms. Jo Anne C. Cole, Member EmeritusPresident, J. A. Cole Associates, LLC

Ms. Pamela M. ComstockPresident, Gilbert C. Martin, Co., Inc.

Dr. Kevin T. CorbyTechnology DirectorDuPont Protection Technologies, E.I. DuPont Co.

Mr. Brian DailBusiness Analyst – CrosspointeRolls-Royce North America

The Honorable Rosalyn R. DanceVirginia House of Delegates-63rd District

Mr. Tim DaveyPrincipal, Timmons Group

Mr. Homer C. Eliades, Member EmeritusPartner, Eliades & Eliades Mr. Peter EliadesPartner, Eliades & Eliades Mr. Dennis J. FalkSenior Vice President, Treasurer & ControllerVillage Bank

Mrs. Karen GammonArtist & Author, John Tyler Alumna

Mr. Bryce D. Jewett, Jr.President, Jewett Machine Manufacturing Company, Inc.President, Jewett Automation

Mr. Vandy V. Jones, IIIDirector of Economic Development, City of Petersburg

Dr. Roy KaplanAssociate Professor of Chemistry, John Tyler Community College

Mr. Ron Laux Director of Outreach ServicesJohn Tyler Community College

Mr. David O. Ledbetter Partner, Hunton & Williams, Retired

Ms. Margaret G. Lewis, FACHE, Member EmeritusPresident, HCA-Capital Division

Mr. Dennis MurrayBusiness Development ManagerDraper Aden Associates

Ms. Catherine ReynoldsStudent Representative, John Tyler Community College

Ms. Christine SchwabVice President & Chief Risk Officer, Dominion

Mr. Craig SchwartzSenior Vice President Manufacturing, Philip Morris USA

Mr. John H. Settle, Jr. Senior Vice President, Wells Fargo Private Bank

Mr. William H. Talley, III Chairman, William H. Talley & Son, Inc.

Mr. Gary ThomsonSenior Partner, Goodman & Company, LLP

Mr. Ricardo TorresPresident and CEO, National Student Clearinghouse

Mr. Henry Valentine, IIISenior Vice President, Davenport and Company

2011 Foundation Board Roster

WWW.JTCC.EDU/GIVINGFor more information about making an investment in John Tyler, contact us at 804-594-1476 or foundation@jtcc.edu.

Contributions are tax-deductible to the extent permitted by law. John Tyler Community College Foundation Inc. is a not-for-profit 501(c)(3) organization.