To cultivate, manage and distribute resources in support of the University of Central Missouri.
Dr. Jason S. Drummond
UCM, Central Missouri, UCM Foundation, Central Missouri State University, UCM Mules
Also Known As
University of Central Missouri Alumni Foundation
Smiser Alumni Center University of Central Missouri
Warrensburg, MO 64093 USA
Fund Raising and/or Fund Distribution (B12)
Raising & Fund Distribution (Pun)
IRS Filing Requirement
This organization is required to file an IRS Form 990 or 990-EZ.
How does this organization make a difference?
Self-reported by organization
Accomplishments: For the fifth consecutive year, the UCM Foundation increased the payout from endowments in support of students and academic programs.The Foundation Board authorized a payout of $1.3-million for fiscal year 2017, which is a 9.72-percent increase from FY16 and nearly triple the payout since FY12.Fourteen projects received funding in FY16 through the UCM Foundation's Opportunity Grants Program, totaling $37,000. Grants start at $100 to an individual maximum of $5,000. Projects range from aerial drone with equipped video camera and a set of West African drums to the creation of a transmedia storytelling lab and an eight-week structured exploration in understanding masculinityExceeded FY16 fundraising goal prior to the fiscal year close.Received 30,960 student applications for our scholarship program, MoCents, an online application system. Goals: Invigorate EngagementInspire ServiceElevate Performance
Self-reported by organization
What are the organization's current programs, how do they measure success, and who do the programs serve?
Opportunity Grant Program
The Foundation's Opportunity Grant Program supports faculty and staff who have ideas but insufficient resources for entrepreneurial projects that strengthen the university's learning environment and students' academic experience. The program provides one-time seed money for projects that result in significant outcomes and that advance the university's strategic positioning platform of engaged learning, worldly perspective, culture of service and future-focused academics. Forty-three projects have been funded to date, including the start of a campus food pantry, international service learning experiences, a new honor for veteran nursing graduates, new technology for several academic programs, faculty research, and more. Year three funding was increased to $37,000 in support of 14 projects, a 48 percent increase in funding since year one.
Various grants impacting college students' learning opportunities. Each grant has separate outcomes, such as providing ammunition for first place ranked criminal justice student organization, art exhibit addressing earth and animal preservation, campus event focused on addressing sexual assault, new camera technology advancements for incoming students. No specific quantifying information or goal is required for these grants.
Grant recipients are required to make mid-term and final fiscal year reports about how funds were used and outcomes achieved, including the number of students impacted. These vary by grant and are monitored by the UCM Foundation Executive Director.
In its first year of funding $25,000 impacted 28,347 people internationally; providing meals for communities in need, educating people on the history of the Holocaust, educating students on wireless tethering technology, empowering young minds during a Women in Leadership Conference, and many other ways.
This student leadership team educates current students and the university's alumni about the value of engagement and philanthropy. Students come from all backgrounds: advertising, publicity, recruitment, professional development, future planning, student engagement, philanthropy, social media, events and programs.
These student representatives are tasked with increasing internal awareness and engagement of alumni to strengthen philanthropic activities.
Our special projects coordinator who selects the students also makes assignments and monitors their success.
Red Lead is a new student group on campus, results for this year are pending.
As part of their academic program, these hand-selected marketing students develop and implement innovative strategies to raise awareness and philanthropic engagement among current students and young alumni through such actions as analysis of eCommunications, launch of Twitter and Instagram sites, and research into crowdfunding.
This student group is charged with raising awareness of philanthropy and alumni engagement among current students with the goal to increase alumni giving participation rates.
The Foundation's special projects coordinator supervises this group and evaluates their success in collaboration with a faculty member from the marketing department.
This student group is another example of direct academic impact by the UCM Foundation and donors' unrestricted gifts. It will generate greater awareness among current students and engage greater numbers of alumni, ultimately leading to higher alumni giving participation rates.
Philanthropy, Voluntarism & Grantmaking, General/Other
Red Investment Management
With a $500,000 portfolio allocated by the Foundation Board, these undergraduate and graduate finance students perform detailed analysis of potential investments, security selection and performance. They conduct monthly research to review every asset in the portfolio, analyzing performance and comparing overall portfolio performance to benchmarks. Next, students make recommendations to buy or sell assets or rebalance asset allocation. They are required to make presentations to an advisory board and the Foundation executive director who decides whether to act on their recommendations.
This student investment group is another example of the Foundation's direct impact on student learning and how unrestricted gifts provide opportunities otherwise not available. The success of this program is stronger graduates into the investment world and profits for the Foundation.
Program success is monitored by finance faculty members and the Foundation executive director.
The first class of student investments took the $500,000 investment, made client presentations, and to date have realized gains of some $56,000.
This online application system makes it easy and convenient for students to apply for Foundation scholarships and generates a spreadsheet of all qualifying applicants to the academic areas administering recipient selection, providing an efficient, effective method to make sure donor-funded scholarships help the most students.
Complete transition from students applying for scholarships on paper to applying for scholarships online through MoCents.
The foundation scholarship coordinator Vicki Voskovitch monitors MoCents. She sought out feedback before and after the launch of MoCents by test groups, faculty, staff and students.
2,107 student profiles were created for scholarships through the online database in its first year. In many instances they qualified for upwards of 50 or 60 scholarships, significantly broadening the pool of candidates departments could consider for awards. In its second year MoCents applications increased to 2,498 profiles.
Self-reported by organization
Five powerful questions that require reflection about what really matters - results.
Need-based scholarshipsRetention-incentive scholarships Missouri Innovation Center Performing Arts facilities (Campus Arts Gateway)
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The people, governance practices, and partners that make the organization tick.
Dr. Jason S. Drummond
Since joining UCM as vice president for Advancement and executive director of the Foundation in August 2011, Drummond has implemented a six-year strategic plan with specific goals for engagement and fundraising and expanded the board to include more industry experts. He is a graduate of MidAmerica Nazarene University, having earned Bachelor of Arts in Business Administration and Bachelor of Arts in Public Relations degrees. He also studied at the University of Kansas, Lawrence, where he completed his Master of Science in Education and Doctor of Education in Higher Education Administration degrees.
Term: July 2016 - June 2017
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization
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?
Has the board conducted a formal, written assessment of the chief executive within the past year?
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Has the board conducted a formal, written self-assessment of its performance within the past three years?