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WNCC 2010 Self-Study Report - Western Nebraska Community ...

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The Foundation is also seeking to increase the number and size of its endowed funds, to expand<br />

its planned gifting program, to improve its stewardship program and to develop an alumni<br />

association (RR 48).<br />

Through endowments and other scholarship funds from private donors, the Foundation administers<br />

an average of 260 annual scholarships, and it distributed approximately $281,000 in scholarships<br />

in the 2008-2009 fiscal year. The Foundation also has assisted with numerous other projects. For<br />

example, it helped with renovation of the gym, provided funding for the music lab, provided<br />

computers and computer lab furniture, and was instrumental in raising funds for the Harms<br />

Advanced Technology Center construction and addition. On occasion, the Foundation is able to<br />

address critical needs such as emergency financial assistance for <strong>WNCC</strong> students, as well as<br />

helping with unanticipated expenses that arise at one of the three campus facilities and funding for<br />

faculty development and programming. In order to reach its goals, the Foundation constantly<br />

seeks to increase its assets. Currently, the Foundation relies upon the following financial base:<br />

Table 6-18 <strong>WNCC</strong> Foundation Funds<br />

Unrestricted $ 73,483<br />

Temporarily Restricted 1,104,728<br />

Permanently Restricted 1,481,834<br />

TOTAL 2,660,045<br />

The Foundation’s overall annual campaign target for the 2009-<strong>2010</strong> fiscal year is to raise<br />

$75,000.00 for the unrestricted fund, and the current goal calls for raising at least $10,000 of that<br />

amount from donations from within the College system. The internal support signals to potential<br />

donors that the Foundation is a valued entity closely aligned with the College ideal of open and<br />

affordable access and student service.<br />

Sidney Endowment Association<br />

An inquiry process for Cheyenne County (where the Sidney campus is located) was undertaken in<br />

May of 2008, results from which indicated that a number of the 511 individuals surveyed valued<br />

access to higher education within their community (RR 49). Recognizing that commitment,<br />

community leaders in Sidney support the Sidney Endowment Association, a private tax-exempt,<br />

non-profit organization. The Endowment Association, founded in 1976, has as its sole purpose of<br />

providing financial support to programs and students at the Sidney Campus. The Endowment<br />

Association was instrumental in providing student housing and securing the Aviation Maintenance<br />

Center for the Sidney Campus. Any Cheyenne County student can attend <strong>WNCC</strong> for free through<br />

a special scholarship supported by the Endowment, and consideration is being given to expanding<br />

that opportunity to students from neighboring counties.<br />

Tuition and Fees<br />

<strong>WNCC</strong> tries to keep the tuition and fees affordable, both because of the competitive advantage<br />

gained through low tuition costs and because many students still struggle to attend college (like<br />

those whose parents’ or guardians’ income level disallows the student’s eligibility for financial aid).<br />

Although <strong>WNCC</strong> is primarily a commuter campus, that does not mean that area students do not<br />

have living expenses, and even though a great many of them work at least part-time, the time<br />

Page 78<br />

<strong>Western</strong> <strong>Nebraska</strong> <strong>Community</strong> College

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