Annual AACC Gala Draws Near-Record Crowd - Anne Arundel ...

Annual AACC
Gala Draws
Near-Record
Crowd
David Dobbs, Northrop Grumman Corporation, 2010 Corporate
Philanthropist of the Year and an Odyssey 2010 sponsor;
Martha A. Smith, Ph.D., AACC president; Alan J. Hyatt, Esq.,
managing partner, Hyatt & Weber, P.A. and president, AACC
Foundation Inc. Board of Directors, and also an Odyssey 2010
sponsor; with Stacey Sickels Heckel, CFRE, executive director,
foundation
Thank You Gala Sponsors!
Explorer
Clausson Family Foundation
Voyager
Hyatt & Weber, P.A.
Severn Savings Bank
Trailblazer
Carol M. Jacobsohn Foundation
Anne Arundel County Association of Realtors Inc.
Belle Grove Corporation
The Brick Companies
Hero’s Lacrosse Inc.
Northrop Grumman
Zachary’s Jewelers
Observer
Anne Arundel Medical Center
BB&T
Comcast
Fort Meade Alliance
Friends Foundation
Hall Bowling Investments – Annapolis Bowl,
Greenway Bowl, Severna Park Lanes
University of Maryland University College
President's Circle
Anne Arundel Workforce Development Corp.
Arthur and Judy Ebersberger
BWI Business Partnership
Chaney Enterprises
CommerceFirst Bank
More than 275 friends and supporters gathered at the annual Anne Arundel Community College
Foundation Gala “Odyssey 2010,” a fund-raising event to benefit AACC student scholarships and
essential college programs.
The crowd that danced and dined at the Westin Annapolis was the largest attending the gala
since 2001. The foundation raised more than $140,000 at the event, moving significantly closer
to achieving its goal of securing more than $1.75 million in private philanthropic support this year.
Ellen Weber Libby and Henry N. Libby, Esq.; Martin J. Snider, Esq.,
and James H. Johnson Jr., Ph.D., chairman, AACC Board of Trustees
Preparing a special “surprise” Odyssey dessert is Chef James
Barrett, executive chef, Westin Annapolis and an AACC adjunct
faculty member.
Corporate Offices Properties Trust
Cullen & Alisa Murray/Merrill Lynch,
MMW and Associates
Dr. Daniel Townsend
Ellen G. Miller, StonebridgeCarras, principal
Johns Hopkins HealthCare, LLC
Karen L. Cook, Esq. / AACC Legal
Studies Institute
Maryland State Del. Pam Beidle
Professor and Mrs. Barrett McKown
Media Sponsor
Comcast
Live Auction Donors
The Westin Annapolis
Zachary’s Jewelers
Silent Auction Donors
AACC Administrative Staff Organization
AACC Astronomy faculty
AACC Bookstore
AACC Department of Public Safety
AACC Interior Design department
AACC Professional and Support Staff
Organization
AACC Small Business Management class
and Shad Ewart, assistant professor of
business management
AACC – The Faculty Organization
Baltimore Ravens
The Brick Companies
Maury Chaput, executive director of administrative services,
AACC; Ivan Harrell, dean of student services, AACC; and
Lynn Chaput
Wearing an AACC pin created for the college by Zachary’s
Jewelers and presented to her at the gala is (center) Pamela
G. Beidle, Maryland House of Delegates, Anne Arundel County
and an AACC alumna; with her are Len Beidle and (right)
Morgan O’Brien, student member, AACC Board of Trustees
Buxton Photography
Carpaccio Tuscan Kitchen & Wine Bar
Crofton Country Club
Dell Computers
The Fabulous Hubcaps
Jay and Sharyn Winer
Linda Schulte
Main Ingredient
Mark Todd Jewelers
Mary Ellen Mason, director, AACC Hotel,
Culinary Arts and Tourism Institute
Mercado Jewelers
Middleton Tavern
Mills Fine Wine & Spirits
The Narrows Restaurant
Richard Niewerth, AACC professor of art emeritus
Rob Hendry, AACC staff
Robert Andrew Salon and Spa
Tim Milligan, AACC adjunct faculty
Towne Park
The Westin Annapolis
William Leonard, AACC student
Zachary's Jewelers
In-Kind Donors
Buxton Photography
Homestead Gardens
Main Ingredient
Towne Park
Zachary's Jewelers
FOUNDATIONS WINTER 2010 • 1

“Outlook is Stable”
MOODY’S REAFFIRMS
AACC FOUNDATION’S A2 RATING!
While students on campus conclude their fall
term and eagerly await their grades, Moody’s
reaffirmed, “Anne Arundel Community College
Foundation’s A2 rating on the economic
development revenue bonds, series 2002; outlook
is stable.” More importantly, Arundel Mills continues to provide
a vibrant array of courses and full degrees through the Regional Higher
Education Center. At many times of the day, all seats are filled. The new
engineering labs are filled with students pursuing a full engineering degree
through a new partnership with Frostburg State University. The outlook
at AACC Arundel Mills: productive!
Overall, AACC enrollment is up by 5.5 percent this fall on top of an
11 percent increase last fall. In response, the foundation awarded nearly
$500,000 in scholarships to 450+ students. The outlook for student
scholarships: promising.
The foundation received a clean audit from our auditing firm, BDO
USA. Our Finance Committee worked throughout the year to reduce
expenditures and monitor fundraising. In addition, the foundation recommitted
to the Donor Bill of Rights and even “tested” itself to make sure we
were honoring both the letter and intent of the Bill. The outlook for AACC
donors: secure.
The foundation’s investments, guided by the Investment Committee
and our advisers, grew steadily over the last two quarters. This is great
news for students and programs awaiting word on the income from
those investments calculated on Dec. 31. The outlook for students and
programs: hopeful.
Fueled by your generosity, the foundation continues to serve the
college and its students. For us, the outlook: stable.
Please remember the foundation in your year-end giving plans.
We – along with the college and our students – are a productive,
promising, secure, hopeful and stable investment!
Best wishes for a happy and healthy holiday season.
Stacey Sickels Heckel, CFRE
Executive director, AACC Foundation Inc.
Upcoming
AACC Events
Unless otherwise noted, events take place
on the Arnold campus at 101 College Parkway.
• Friday, Feb. 4 – “The Mikado,” 7 p.m. pre-performance
reception, 8 p.m. curtain; Pascal Center for Performing Arts
• Thursday, April 7 – Annual Scholarship Reception for
donors and recipients, 6 p.m. pre-event reception, 7 p.m.
program; Pascal Center for Performing Arts; concludes
with dessert reception; Student Union dining hall
• Thursday, April 21 – “Big Love,” 7 p.m. pre-performance
reception, 8 p.m. curtain; Pascal Center for Performing Arts
• 6 p.m. Friday, May 6 – Cuisine on the Green, an AACC
Signature Event Showcase; Old South Country Club, Lothian
• 7:30 a.m. Monday, June 6 – Fifth Annual AACC
Foundation Golf Tournament to benefit student scholarships
and academic programs; Golf Club at South River
• 7:30 p.m. Thursday, June 30 – AACC Summer
Celebration Concert featuring AACC Symphony Orchestra,
pieces include “Symphonic Dances from West Side Story;”
Pascal Center for Performing Arts
• Coming in 2011!
AACC Celebrates 50 Years!
For information on these events,
contact the AACC Foundation Inc. at 410-777-2515
or e-mail foundation@aacc.edu.
Halls Open Home
to AACC Supporters
Tom and Molly Hall on Sept. 21 welcomed 45 guests into their home
for a cocktail reception to honor their support of AACC.
Invited guests included members of the Hotel, Culinary Arts and
Tourism Institute (HCAT) advisory board, AACC Foundation Inc.
Board of Directors, alumni and former donors. HCAT student chefs
and chef instructors prepared and served a menu consisting of a display
of Charcuterie and Cheese, student-served Miniature Crab Cakes,
Curried Chicken Salad on Baguettes, and Spanikopita; a dinner of
Carved Beef Tenderloin, Grilled Salmon with Chimichurri Sauce
and Chayote Slaw; Caesar Salad
served in martini glasses, and
individual gourmet desserts
including Triple Chocolate
Truffles, Sablee with Apricot,
Lemon Squares and
Pecan Pralines.
HCAT student chefs with performer
Gregory Freyman
Reception hosts Tom and Molly Hall
Zachary’s
AACC Odyssey 2010
Gala Cocktail Reception
Zachary’s Jewelers in Annapolis on Sept. 16 hosted an exclusive
preview event for friends and supporters of the AACC Odyssey 2010
Gala. (from left) Stacey Sickels Heckel, CFRE, AACC Foundation
Inc. executive director; Steve Samaras, owner, Zachary’s Jewelers;
Shauna A.S. Chabot, CFRE, foundation director of development;
and Evangeline Ross, manager, Zachary’s Jewelers.
2 • WINTER 2010 FOUNDATIONS

Recent Gifts Support AACC Students, Programs
GILL CREATES HCAT SCHOLARSHIP
Hotel, Culinary Arts and Tourism Institute students can vie for a new annual
scholarship, thanks to businessman Brian Gill, who was named the 2010 Maryland
Young Entrepreneur of the Year by the Small Business Administration.
The owner of Gill Grilling (www.gillgrilling.com) recently established through
the Anne Arundel Community College Foundation Inc. the Gill Grilling Company
Scholarship. Since launching the company in 2002 to serve meals to his
fraternity brothers, Gill has focused on providing quality, affordable meal plans
for University of Maryland College Park fraternity and sorority students. He now
provides meals for 15 UMCP Greek chapters.
Gill wants to help
AACC students achieve
the culinary expertise and
skills needed to succeed in
his field – and possibly his
company. When he hires
chefs, he seeks culinary
professionals with skills in
inventory management,
safety and hazard awareness,
human resources and
customer service. HCAT
students gain all of those
skills through the college’s
culinary degree and certificate
programs.
Scholarship donor Brian Gill, right, with Lisa Jacobs, assistant
director of development, institutional advancement.
The $2,000 scholarship awards will take place starting fall 2011. To be eligible,
AACC HCAT students must demonstrate financial need as established by the
college Financial Aid office, have a minimum grade point average of 2.0, are
registered for at least nine college credits, enrolled in a culinary degree or certificate
program and are Maryland residents.
FACULTY MEMBERS CREATE SCHOLARSHIP
Two AACC adjunct instructors have established an annual scholarship to benefit
students enrolled in Legal Studies Institute programs and the Physician’s Assistant
certificate program.
Craig Cook, M.D., teaches in the Physician Assistant program and Evelyn
Pisegna Cook, Esq., teaches in the Legal Studies Institute. In October, the couple
set up the Evelyn and Craig Cook Annual Scholarship as an open fund capable of
receiving additional contributions from any person, corporation or organization.
“The rewards, benefits, and choices that an education can provide to a person
cannot be overstated,” the couple said. “AACC performs a tremendous role by
Ways to Invest in AACC
When you invest in Anne Arundel Community
College with gifts of cash, appreciated securities,
real property or through an estate gift, you are
ensuring continuity of educational excellence at
AACC. We encourage you to consider a gift to
the AACC Foundation Inc., which exists solely
to provide financial resources to the college and
its priorities.
ANNUAL GIFTS
Annual gifts are the cornerstone of the foundation
fundraising effort. They provide needed
funds for special programs and projects that
support AACC.
2010 ROTH IRA CONVERSION
OPPORTUNITY (Please see the article on this page.)
STUDENT SCHOLARSHIPS
One of our greatest needs is for student scholarships.
While tuition remains reasonable, the
combined cost of educational and living expenses
means that many students require financial
aid. The foundation’s privately funded scholarship
program provides that aid for hundreds of
students each year.
LEADERSHIP GIFTS
AACC offers many opportunities to partner
with and support its faculty and to invest in
new or existing programs to enhance student
learning. We work with you to ensure your
leadership-level gift reaches the faculty or study
area of your interest and to maximize its impact
on student success.
MEMORIAL/TRIBUTE GIFTS
These gifts are provided in loving memory of a
friend or family member or given on a special
occasion. They are a special way to pay tribute
to those who are dear to you. Please give us the
names and contact information of friends and
loved ones as we will send a special card recognizing
your generosity.
PLANNED GIFTS
Remember AACC in your gift-planning process.
There are many ways to make a lasting
commitment to the college and its students.
Planned gifts provide tremendous benefit to
AACC while helping you save taxes, increase
your income and pass your estate to your heirs.
CORPORATE PARTNERS PROGRAM
AACC offers extraordinary business investment
opportunities that provide access to students in
your field of interest and brand visibility among
our students, donors and county residents.
For information about the foundation, its
activities and opportunities for investment in
AACC and its students, contact 410-777-2515
or foundation@aacc.edu. Visit www.aacc.edu/
foundation, where you may make a donation
online. When making a gift by check, please make
it payable to AACC Foundation Inc. Mail it to:
AACC FOUNDATION INC
ICOX HOUSE
101 COLLEGE PARKWAY
ARNOLD MD 21012-1895
Thank you for your support!
providing educational resources across all age groups in our state. We wanted to be
part of that process both by teaching and helping others financially to achieve their
goals of an education.”
Their scholarship will provide a $1,000 annual award to a Legal Studies student
and a $1,000 annual award to a Physician’s Assistant student. To be eligible,
students must demonstrate financial need as established by the college Financial
Aid office with preference going to a first-year student with renewal of the award
to help them complete their studies. The first scholarship awards will take place in
fall 2011.
PARKER DONATES FROM IRA
Edgar Parker, a Northrop Grumman retiree and U.S. Naval Academy graduate
(class of 1956), decided to wait no longer for Congress to act on legislation allowing
a charitable deduction from individual retirement accounts. He donated $500
to the AACC Foundation Inc. directly from his IRA as a gift to benefit the new
Engineering degree program. Parker has already created an endowment fund for
the program that will be funded with his estate.
Parker explained that while Congress had not yet passed the charitable deduction
from IRA legislation this year, he was advised by his broker to give directly
from the IRA and keep copies of the checks. A donation is a wise end-of-year
financial move.
If Congress passes the legislation, he can take a larger deduction. If Congress
does not pass the legislation, he will claim the gift directly on his return.
Talk to your broker or adviser about following Parker’s example and give an
end-of-year gift to the AACC Foundation to benefit scholarships, academic
programs or college initiatives today. Call 410-777-2515 or e-mail
foundation@aacc.edu for assistance.
SIBLINGS SET UP TWO SCHOLARSHIPS
Ioanna Morfessis, Ph.D., and her sister Chris Morfessis have established two scholarship
funds at AACC in honor of their late mother.
The Calliope Tsoulias Morfessis Braun Scholarship consists of an endowed
$25,000 scholarship fund that will be awarded for the first time in about six years
and an annual scholarship fund of $2,000 that will be awarded for the first time in
spring 2011.
To be eligible, students must be women who experienced a lapse in their education,
either between high school and college or while in college. They must enroll
in credit classes with the intent of pursuing a degree. The siblings are making
donations to the annual and endowed scholarships from a fund they had already
established at the Community Foundation of Anne Arundel County.
ROTH IRA CONVERSION
OPPORTUNITY FOR 2010
Charitable giving may help offset taxes incurred when
converting a traditional IRA to a Roth IRA. In 2010, there
is no longer a $100,000 adjusted gross income limit for
converting a traditional IRA to a Roth IRA. This means
that, regardless of income level, you may convert a traditional
IRA to a Roth IRA. If you choose to do so, however,
you could incur significant taxes. A charitable gift to the
AACC Foundation Inc. can help offset those taxes.
What are some of the benefits of converting a
traditional IRA to a Roth IRA?
• Distributions are income tax free to you and your heirs.
• There are no required withdrawals after age 70½.
• Contributions are allowed after age 70½ for those who
meet the income requirements.
Who might be a good candidate to convert to a
Roth IRA?
• Those who do not expect to be in a significantly lower
tax bracket following retirement.
• Persons not anticipating needing to use any funds from
the Roth IRA until several years in the future.
• Those who prefer to forgo distributions so the retirement
account can grow tax free for heirs’ benefit. Heirs may
be able to extend distributions over a long timeframe.
The amount converted from a traditional IRA is subject
to ordinary income taxes. Carefully consider whether
converting to a Roth IRA is right for you. Taxpayers will
have the option of spreading the federal taxes owed on the
conversion equally over 2011 and 2012. Contact your financial
adviser to see how a gift to the foundation can help
offset taxes.
Investigate Planned Giving
Check out the many benefits of planned giving through our Web
page at http://aacc.giftlegacy.com. Learn how to make gifts to
the college using your will, traditional IRA, life insurance, life estate
interests or charitable trusts as well as possible tax savings
connected with planned giving. To explore your options, contact
410-777-2515 or e-mail foundation@aacc.edu.
FOUNDATIONS WINTER 2010 • 3

101 College Parkway
Arnold, MD 21012-1895
Foundations is produced by the Anne Arundel Community
College departments of Institutional Advancement and Public
Relations and Marketing. Writer: Debbie McDaniel-Shaughney.
Reproduction in whole or in part without written permission
is prohibited. Postmaster and others, send change of address
information to: AACC, Institutional Advancement, 101 College
Parkway, Arnold MD 21012-1895.
Vol. 4 No. 2 Winter 2010
Anne Arundel Community College Foundation Inc.
410-777-2515, foundation@aacc.edu
www.aacc.edu/foundation
AACC Board of Trustees
James H. Johnson Jr., Ph.D., chair
Victoria K. Fretwell, vice chair
Kimberly McCoy Burns, Esq.
The Rev. Dr. Diane Dixon-Proctor
Arthur D. Ebersberger
Walter J. Hall
Jerome W. Klasmeier
Morgan O’Brien, student member
AACC Foundation Inc. Board of Directors
Alan J. Hyatt, Esq., president
Jay I. Winer, vice president
Sharrie K. Wade, C.P.A., second vice president
J. Mitchell Krebs, treasurer
Karen L. Cook, Esq., secretary
William A. Badger Jr.
H. Stafford Bullen III
John W. Cantrell
The Rev. Dr. Diane R. Dixon-Proctor,
Board of Trustees liaison
Arthur D. Ebersberger, Board of Trustees
Angela Ewell-Madison
Jenny C. Francis
Jason L. Groves, Esq.
Leslie L. Hunt
Henry N. Libby, Esq.
Cindy O’Neill
Andrew McAlexander
Morgan O’Brien, Board of Trustees student member
J. Jeremy Parks
Mark Powell
Robert G. Pozgar
Daljit S. Sawhney, M.D.
Samantha Solovieff, student member
Dominic J. Souza, Esq.
John N. Strange, Esq.
Lawrence W. Ulvila Jr.
Jeannine Wayson
Susan Zuhowski, Esq.
Stacey Sickels Heckel, CFRE
Executive director, AACC Foundation Inc.
Martha A. Smith, Ph.D.
President, AACC
Harold V. Nutt
Director emeritus
NONPROFIT ORG
US POSTAGE
PAID
PERMIT #5745
BALTIMORE MD
TOP TEN REASONS TO GIVE TO AACC BY DEC. 31!
10. It just feels good.
9. Have you ever given a silly gift to someone who didn’t really want it, and you felt like you wasted
your money? That won’t happen with us.
8. You can give anonymously, even for small gifts. In the Annual Report, you can see the word
“Anonymous” and think, “Hey, that’s me!” No one else will know. It will be our little secret.
7. More to AACC = less to Internal Revenue Service.
6. We are the only college with Bob the Bird as our logo.
5. Deep down inside, you knew that someday you would give to AACC. Make that day today!
4. Ever make a person’s dream come true? Your gift gives you that chance!
3. It's never too late to start being a philanthropist.
2. To enable current students to benefit from the same excellent education that you did.
And the number one reason to give to AACC before Dec. 31:
1. Because you were asked!
410-777-2515 • foundation@aacc.edu • www.aacc.edu/foundation
Notice of Nondiscrimination: AACC is an equal opportunity, affirmative
action, Title IX, ADA Title 504 compliant institution. Call Disability
Support Services, 410-777-2306 or Maryland Relay 711, 72 hours in
advance to request most accommodations. Requests for sign language
interpreters, alternative format books or assistive technology require
30-day notice. For information on AACC’s compliance and complaints
concerning discrimination or harassment, contact Karen L. Cook, Esq.,
federal compliance officer, at 410-777-7370 or Maryland Relay 711.
OUR MISSION
The Anne Arundel Community College Foundation Inc. is a 501 (c) 3 corporation whose mission is to secure and steward private funds
sought to enhance the educational endeavors of Anne Arundel Community College. The foundation works in partnership with
the college to achieve and enrich the vision of the institution by accomplishing goals not otherwise possible.
4 • WINTER 2010 FOUNDATIONS