Educational Institutions

Valencia College Foundation Inc.

  • Orlando, FL
  • www.VALENCIA.org

Mission Statement

Valencia Foundation's mission is to enhance learning, workforce training and economic development in Central Florida through the support of scholarships, teaching chairs, programs and buildings for Valencia College.

Main Programs

  1. Scholarships
  2. Endowed Chairs for Learning Leadership
  3. Take Stock in Children
Service Areas

Self-reported

Florida

Valencia's service area predominantly encompasses Orange and Osceola counties; however, students also come from Brevard, Lake, Polk, Seminole and Volusia counties. Additionally, Valencia serves out-of-state and international students.

ruling year

1976

Principal Officer since 2001

Self-reported

Geraldine Gallagher, CFRE

Keywords

Self-reported

take stock in children scholarship, endowed chair, education, financial aid, workforce development, A Taste for Learning, Taste,

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Also Known As

Valencia Foundation

EIN

23-7442785

 Number

4485335441

Contact

Cause Area (NTEE Code)

Single Organization Support (B11)

Scholarships, Student Financial Aid, Awards (B82)

Community/Junior College (B41)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

This past year found the foundation on very solid financial ground and poised to enhance and expand service to Valencia College, our students and our Central Florida community. Total revenue for the 2012-2013 fiscal year increased $2.5 million compared with the previous fiscal year. Contributions for the year added up to $2.02 million. The foundation raised approximately $270,000 in cash and in-kind donations for the sixth signature event, A Taste for Learning. The event marks the continuation of the foundation's joint philanthropy efforts as it was co-hosted with Orlando Health Foundation to benefit scholarships and medical education. This event would not be possible without the generous commitment of dozens of community partners who contribute food, wine, décor, marketing, auction items and other resources. Valencia Foundation and Orlando Health Foundation will again join together to host Taste on May 17, 2014. Disbursements in support of scholarships and academic programs totaled more than $2 million. In this year the foundations hopes to strengthen program support for DirectConnect to UCF through the Johnson Scholarship Foundation. This scholarship represents an unprecedented partnership with Johnson Scholarship Foundation, UCF and three other state colleges to make funding available to students who otherwise would not have the financial resources needed to reach their educational goals. The foundation also hopes to increase scholarship disbursements to Valencia students in this year. Additionally, the foundation's board of directors seeks to strengthen all foundation relationships by continuing to tell the Valencia story in the community.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Scholarships

Scholarships serve as the main program for Valencia Foundation. The foundation maintains more than 500 named scholarships. Thanks to the generosity of our Valencia Foundation donors, the college is able to award scholarships to students in need. Endowments provide Valencia with predictable and assured sources of financial assistance that guarantee access to higher education for those who are economically disadvantaged. Scholarship opportunities also exist for those in specific categories, including area of residence, program of study and personal interests. For more information about scholarships, please visit the Financial Aid Office at any of Valencia's campuses. Applications can be found through the foundation's Web site (www.valencia.org) under the Scholarships tab.

Category

Education, General/Other

Population(s) Served

Poor/Economically Disadvantaged, Indigent, General

General Public/Unspecified

Poor/Economically Disadvantaged, Indigent, General

Budget

$932,100.00

Program 2

Endowed Chairs for Learning Leadership

The Endowed Chairs for Learning Leadership program has been established to recognize and promote academic excellence at Valencia Community College. The program honors outstanding members of the Valencia teaching faculty and provides resources needed for advancement of instruction at Valencia. In contrast to endowed chair programs at four-year institutions, which aim to attract preeminent researchers, this program recognizes and supports the Valencia faculty. Learning Leadership Chairs have been established in two categories. Category I awards are awarded to faculty to fund a proposed learning experience that supports the college's mission, vision and values and has a connection to student learning. Category II awards provide funding for projects that enhance learning-centered activities and/or foster professional development departmentally, college wide, within a discipline or within the Central Florida community.

Category

Education, General/Other

Population(s) Served

Adults

Budget

$152,800.00

Program 3

Take Stock in Children

Take Stock in Children of Orange County is administered by Valencia Community College, in collaboration with Orange County Public Schools. It is part of a statewide program that provides underserved children with a college scholarship and a mentor in the effort to help them stay in school, earn a high school diploma, graduate from college and enter the workforce.Participating children begin the program in the eighth grade and continue on until they graduate high school. They must sign performance contracts agreeing to get good grades, exhibit positive behaviors and remain drug and crime free. In return, they will receive a 2 + 2 Florida Pre-Paid scholarship, which provides two years tuition at any community college followed by two years tuition at any state university.

Category

Education, General/Other

Population(s) Served

Poor/Economically Disadvantaged, Indigent, General

Poor/Economically Disadvantaged, Indigent, General

Children and Youth (infants - 19 years.)

Budget

$434,100.00

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    Valencia Foundation envisions a day where no one would be turned away from Valencia College for financial reasons. We hope to ultimately achieve that goal by increasing scholarships disbursements to our students. The foundation also supports Valencia's award-winning faculty and will continue to fund an endowed chair program that allows for advanced learning in our classrooms. Through the Take Stock in Children program, we hope to provide positive intervention early, in the middle school years. Providing mentor support and college scholarships guarantees a new generation of learners in our community.
  2. What are the organization's key strategies for making this happen?
    In 2004-05, Valencia's leaders embarked on planning for the organization's first-ever major gifts campaign. A professional feasibility study suggested a $7 million stretch goal. However, undaunted, the foundation directors and staff embraced a goal of $20 million, with a $25 million stretch. The result: More than $27 million in new gifts as of December 31, 2008, designated primarily for student scholarships. The strategy put in place then, and still followed to this day, was one that is familiar to fundraisers but one that was unique to community colleges, which have typically been later to the game than their university counterparts. Foundation board retreats served as the springboards to catapult the campaign, teaching leaders campaign and fundraising basics, as well as giving them the opportunity to imagine a bold new future for Valencia. Spouses were encouraged to attend retreats, maximizing family understanding of and support for the college's work. Ten board members volunteered to serve as campaign captains, making their own family donations first and nurturing the board in small cohorts. Additionally, they embarked on prospecting and telling the Valencia story widely in Central Florida. The board began to recruit new members who understood the college's value proposition to the community. Most of the campaign donations came from a very simple approach: Individuals invited colleagues, friends and family to join them in investing in the future of Orange and Osceola Counties. Through expanded cultivation opportunities, new giving circles and a board which doubled in size, the dollars began to pour in, even in spite of economic challenges. Videos, electronic media, print, direct mail and other marketing materials provided tools to expand the foundation's audience. Local organizations were recruited to donate the proceeds from their own special events to support scholarships. Key leaders from these outside organizations ultimately joined the foundation's leadership, bringing new corporate and family gifts as well. Board members hosted their own fundraisers to help build new relationships and funding streams. Internally, Valencia's alumni association and faculty/staff launched their own campaigns, dramatically increasing support - both in new donors and new dollars. Dozens of cultivation opportunities allowed board members and partners to bring colleagues and friends to campus to experience Valencia firsthand. Program tours, classroom experiences, faculty lectures and student testimonials showed the faces of the individuals served by the donors' generosity. Deep collaboration with community organizations, local businesses, leaders and municipal governments has long been a Valencia Community College hallmark. Our first campaign truly gave us the foundation to success as we envision a community in which no student is barred from higher education by family finances.
  3. What are the organization's capabilities for doing this?
    100 percent of every dollar given to Valencia goes directly to its intended purpose, with never even a single penny used for overhead or any other expenses. This is possible because revenue from foundation-owned property supports the operating budget, allowing donors full confidence that their investment is well stewarded.As mentioned above, partnership and collaboration are the basic building blocks for the foundation. The foundation has long-standing partnerships with American Institutes of Architects (AIA) Orlando and Commercial Real EstateWomen (CREW) Orlando wherein each organization donates proceeds from their annual golf tournaments to Valencia Foundation scholarships.Proposals are sent to various funders and grant-making organizations throughout the year to help support the foundation's scholarship efforts.Additionally, grant support helps sustain the Orange County Take Stock in Children program.And while the foundation does not rely on a number of special events to raise funds, we do host a signature event approximately every 18 months, Taste for Learning. This event is unique because 100 percent of all proceeds go directly to the intended purpose. The next Taste event is scheduled for May 2014. Held in partnership with Orlando Health Foundation, the 2014 event will go to support scholarships and medical education. In all, the last five Taste events have raised a total of $2.27 million for educational support.The foundation currently has a staff of 10. Our CEO and donor stewardship manager have received their CFRE certifications. Both the foundation CEO and the college president have a gift of friend-raising, creating a culture where giving is a natural extension of the relationship built with the college.
  4. How will they know if they are making progress?
    Each year, the foundation measures its success in disbursing scholarships and awarding endowed chairs against the previous fiscal year. In 2012-2013, disbursements in support of scholarships and academic programs totaled more than $2 million.There were 941 unduplicated scholarship recipients and a total of 29 endowed chairs awarded. Offering the Orange County Take Stock in Children program since 2007, the program has 159 middle and high school participants enrolled who are receiving mentoring services. The goal for this program is to grow to 1,000 students in the next ten years. Short term, the program hopes to increase capacity toprovide services to 30 more students in 2013-2014, bringing the total to 189 students and 189 mentors. Measurement tools for the program include grades,GPA, discipline record, attendance records and record of student meeting with mentor.The inaugural group of Take Stock students graduated this past year. 49 students were awarded full college scholarships, for a total of $1.47 millionin student support.
  5. What have and haven't they accomplished so far?
    The last few years have been a learning experience for the foundation in the area of scholarships. Once done manually, the college instituted a paperless scholarship application. All committee review work and selection are now done online. The foundation has 1 ½ positions dedicated to the work of awarding scholarships. In an effort to increase distribution numbers, our scholarship coordinators reach out to faculty to spread the word about scholarships to their students. The coordinators are also attending a number of outreach and college events to increase interest in our scholarship program.
Service Areas

Self-reported

Florida

Valencia's service area predominantly encompasses Orange and Osceola counties; however, students also come from Brevard, Lake, Polk, Seminole and Volusia counties. Additionally, Valencia serves out-of-state and international students.

Funding Needs

Although Valencia's tuition is very affordable, many of our students still face financial challenges that keep them out of college. Scholarships are needed to ensure access to those who need it most in our community and to keep current students on the path to a successful future. We are committed to the belief that no one should be denied access to an education due to financial obstacles - and that through scholarships, students have an opportunity to achieve their educational dreams.

Accreditations

Affiliations + Memberships

AFP (Association of Fundraising Professionals)

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

VALENCIA COLLEGE FOUNDATION INC
Fiscal year: Apr 01-Mar 31
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

Valencia College Foundation Inc.

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Principal Officer

Geraldine Gallagher, CFRE

BIO

Geraldine Gallagher, CFRE, has been president of Valencia Foundation since 2001. She comes to the foundation with more than 15 years of experience in communications, marketing and fund development. She worked for a decade at North Harris College, a 10,000-student community college in Houston, where she served as chief development and marketing officer. Her responsibilities included fundraising, communications, media relations, special events and partnerships. For two years, Geraldine served as chief marketing and communications officer for the Illinois Department on Aging's Chicago office, where she launched a statewide multimedia campaign to raise the issue of elder abuse among caregivers and professionals who serve older adults. As a journalist for six years, she published more than 1,500 articles in local, regional and national publications. Geraldine earned a bachelor's degree in journalism from Northwestern University's Medill School of Journalism, with a minor in the field of gerontology. She attained a master's degree in education from Northwestern University, earning half of her credit hours in Kellogg Graduate School of Management's MBA program. She has pursued post-graduate study at Rice University, Texas A&M University and Our Lady of the Lake University. She was granted CFRE certification upon assessment and examination by the Association of Fundraising Professionals (AFP).

STATEMENT FROM THE Principal Officer

"Valencia is a place of great hope. You see it in the faces of our students. You witness it in the nurturing hands of faculty and staff who guide students through their learning odysseys and help them overcome hurdles. On commencement day, hope is manifest as graduates - some proudly, some humbly and others doing a little jig - cross the stage to accept their hard-earned diplomas. What is even more heartening is to watch our students' hope evolve, little by little, into faith: faith that they can withstand challenges and not only survive but thrive; faith in their own abilities and intelligence; faith that allows them to accept help from others. Among the knowledge gained at Valencia, perhaps the most important lesson a student can learn is to keep faith. I cannot count the number of times a student has explained to me that her scholarship marked the first time that anyone believed in her - and, to her astonishment, believed so much that they were willing to invest in her future. The economic forces impacting our own investments, real estate, spending and businesses are rocking the worlds of students and those who wish to attend college. Monetary issues remain three of the top five reasons students must drop out of college. Many potential Valencians will never get to the college door because they simply cannot fathom how to juggle their living expenses with tuition and book costs. Among our enrolled students - and despite an aggressive, growing financial aid program - we still meet less than half the documented financial need. So these individuals struggle. Some will make it, thanks to scholarships funded by our benefactors. Others will fall by the wayside, unable to afford college. Yet I remain hopeful and filled with faith that there will come a day when no deserving Central Floridian is shut out of college because of finances. Every gift makes a difference. You make the difference. "

Governance

BOARD CHAIR

Ms. Jonni Kimberly

Rosen Hotels and Resorts

Term: July 2012 - June 2014

BOARD LEADERSHIP PRACTICES

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BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?