Greenville Tech Foundation 2008-2009 Annual Report 2009-2010 ...
Greenville Tech Foundation 2008-2009 Annual Report 2009-2010 ...
Greenville Tech Foundation 2008-2009 Annual Report 2009-2010 ...
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Private Support<br />
to the <strong>Foundation</strong><br />
A total of $1,352,705 and $1,603,974 in cash, pledges and gifts-in-kind was received in the 12<br />
months ending June 30, <strong>2009</strong> and <strong>2010</strong> respectfully. Donors and fundraising events contributed<br />
cash to the foundation totaling $825,157 in <strong>2009</strong> and $759,829 in <strong>2010</strong>. Gifts-in-kind, such as<br />
equipment and office furniture, were donated and valued at $472,813 in <strong>2009</strong> and $752,858<br />
in <strong>2010</strong>. Of the cash contributions, $747,534 (91%) in <strong>2009</strong> and $708,339 (93%) in <strong>2010</strong> was<br />
restricted by the donors for scholarships, endowments, specific departments, or other purposes.<br />
The remaining $77,623 (9%) in <strong>2009</strong> and $56,004 (7%) in <strong>2010</strong> was unrestricted.<br />
As of June 30, <strong>2009</strong>, the total net assets of the foundation, the GTF McAlister, LLC, the GTF<br />
Student Housing, LLC, and Brashier, LLC were $8,621,693 and the total endowment was<br />
$4,401,677. As of June 30, <strong>2010</strong>, the total net assets were $7,501,631 and the total<br />
endowment was $4,498,596.<br />
<strong>2009</strong>-<strong>2010</strong>: SOURCES OF GIFTS <strong>2009</strong>-<strong>2010</strong>: NUMBER OF DONORS<br />
Professional, Civic,<br />
Governmental,<br />
Non-Profit<br />
Organizations:<br />
28%<br />
<strong>Foundation</strong>s:<br />
37%<br />
Alumni: 2%<br />
Area Commission,<br />
<strong>Foundation</strong> Board,<br />
Entrepreneurs Forum,<br />
Advisory Committee<br />
Members: 4%<br />
Business & Industry: 18%<br />
<strong>2009</strong>-<strong>2010</strong>: $759,829 CASH CONTRIBUTIONS<br />
(Donors direct contributions to a category of their choosing)<br />
Faculty/Staff (Non-Alumni): 4% Faculty/Staff<br />
(Non-Alumni):<br />
Friends: 7%<br />
27%<br />
Permanently Restricted<br />
Endowment: $37,183 (5%)<br />
Unrestricted (Critical Needs):<br />
$56,004 (7%)<br />
Temporarily Restricted:<br />
$666,642 (88%)<br />
5<br />
Friends: 26%<br />
<strong>2008</strong>-<strong>2010</strong><br />
Major Donors<br />
BB&T Timken Company Charitable Trust<br />
The Graham <strong>Foundation</strong> United Way of <strong>Greenville</strong> County<br />
<strong>Greenville</strong> Works Wachovia <strong>Foundation</strong>, Inc.<br />
<strong>2008</strong>-<strong>2010</strong> Major<br />
Gifts-In-Kind Donors<br />
<strong>Foundation</strong>s: 5%<br />
Professional, Civic, Governmental,<br />
Non-Profit Organizations: 7%<br />
Alumni: 13%<br />
Area Commission, <strong>Foundation</strong><br />
Board, Entrepreneurs Forum,<br />
Advisory Committee Members: 5%<br />
Business & Industry: 17%<br />
Allscripts Professional Tool Products, LLC<br />
Benson Automotive Patricia A. Riggs<br />
eClinical Works T & S Brass and Bronze Works, Inc.
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