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TCC Magazine - Tacoma Community College

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<strong>TCC</strong> Foundation Annual Report<br />

The past – and future<br />

– look bright<br />

<strong>Tacoma</strong> <strong>Community</strong> <strong>College</strong>’s Foundation continues to play<br />

a key role in helping <strong>TCC</strong> push forward even in times when<br />

it is asked to do more with the same or less public funding<br />

than in the past. Because community support of the college<br />

has been and continues to be strong, <strong>TCC</strong> continues to be<br />

a leading college in terms of providing services such as child<br />

care to students, granting scholarships, and ensuring that staff<br />

and faculty have the latest knowledge and skills to support<br />

and prepare our students.<br />

“Looking back at the last year, we have a lot to be proud<br />

of,” says Mel Zanjani, Vice President for Institutional<br />

Advancement and Foundation Executive Director. “Looking<br />

ahead at the year to come, we have developed ambitious goals<br />

and initiatives to do even more.”<br />

Looking back at 2007-2008<br />

<strong>College</strong> scholarships: <strong>TCC</strong> Foundation once<br />

again provided more scholarship support to students of<br />

any community college foundation in our region. The<br />

Foundation provided more than $275,000 in scholarship<br />

funds, supporting more than 100 scholarship awards.<br />

<strong>College</strong> support: The Foundation provided more than<br />

$2 million support to <strong>TCC</strong>. In addition to scholarships,<br />

<strong>TCC</strong> Foundation helped fund construction and<br />

equipment for the recently opened Early Learning<br />

Center. The center more than doubles the capacity to<br />

provide safe, high-quality child care on the <strong>TCC</strong> campus.<br />

Foundation funds also supported student emergency<br />

grants, professional development for staff and faculty,<br />

and special programs such as the Center for Ethical<br />

Development.<br />

Fundraising n 29%<br />

Contributions n 60%<br />

Other n 1%<br />

Revenue<br />

A strong bottom line: The Foundation ended the year<br />

with more than $5 million in assets and plans to grow<br />

that base in the coming year.<br />

Looking forward to the year to come<br />

Alumni association: The Foundation will lay the<br />

groundwork to create the first active alumni association<br />

in the college’s history.<br />

Scholarship campaign: The Foundation will raise<br />

$350,000 for scholarships, further solidifying its place<br />

as a leader in student support among area community<br />

college foundations.<br />

Early Learning Center campaign: A $420,000 public<br />

fund-raising campaign to continue development and<br />

support of the new Annette B. Weyerhaeuser Early<br />

Learning Center will launch in the coming months.<br />

<strong>TCC</strong> FOUNDATION EXECUTIVE COMMITTEE:<br />

Mel Zanjani, CFRE, Executive Director<br />

Jennifer Durham, Secretary<br />

Tom Spilman, Treasurer<br />

Ed Brooks, Vice President<br />

Christopher Algeo, President<br />

Dr. Pamela Transue, <strong>College</strong> President<br />

Grants, Contracts<br />

& Awards n 26%<br />

Net Loss on<br />

Investments n -16%<br />

Fall 2008 <strong>TCC</strong> <strong>Magazine</strong> 9

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