AS WE MOVE FORWARD… - Chippewa Valley Technical College

More documents

Recommendations

Info

Learn more about ways you can help CVTC... CONTACT: Darcy Way Development Specialist phone: (715) 833-6277 email: dway@cvtc.edu Diane Pavelski College Advancement Administrator phone: (715) 833-6356 email: dpavelski@cvtc.edu Planned Giving After seeing all that Chippewa Valley Technical College does for the region, a Chippewa Falls couple has decided to do something lasting for the college. Jim and Kathy Pinter have included CVTC in their estate planning. For Jim, it’s a continuation of his decades of service to the college through the Foundation, including one term as president of the board. “I got to know the community benefits of CVTC through my involvement with United Way,” he said. He heard a single mother tell her life story as part of the appeal for United Way. She learned to read as an adult through Literacy Volunteers of America and earned a nursing degree from CVTC. Another year, a veteran related his efforts to learn to read and how he eventually earned a paralegal degree from the college. “I could see firsthand what CVTC does for the community,” Pinter said. In his professional career, he learned to appreciate the quality of education CVTC offers. “I’m impressed by CVTC’s specialized training,” he said. “I’m also impressed by the college’s partnerships with universities, so students can transfer credits and earn a degree from a four-year college.” Pinter learned about opportunities to help CVTC through his association with the Foundation. He encourages people to contact an accountant, financial planner or other professional if necessary to determine how best to use their assets to help the college. CodeBlue CVTC assists in economic development effort Jim Pinter CVTC is offering a new training program to help launch a new industry in the Chippewa Valley. The college is offering an accredited certificate that includes training in water mitigation and insurance adjusting to meet the needs of CodeBlue, a sister company to Harmon Solutions Group. CodeBlue works with insurance providers to provide a rapid response to reports of loss or damage. The company works with local contractors and monitors progress on claims. CodeBlue has guaranteed that qualifying graduates of the program will be offered jobs with full benefits and a starting salary of at least $12 an hour. Graduates may also find jobs with other similar companies. CodeBlue is donating a $150,000 facility to CVTC’s Simulated City. The model house will replicate what happens to a structure when water damage occurs.
Financing the future Fund drive underway for new endowment Businesses benefit from having internal funds available to help launch an expansion or new venture and draw investors’ interest in the project. Along the same lines, CVTC will benefit from the Innovation Fund, a new endowment that will allow the college to react quickly to meet the needs of employers and promote economic development of the region. Once fully endowed, interest from the $2 million fund will provide seed money for fundraising for initiatives that fall within the mission of the college. Discussion on the fund began in October 2006, and the first Presidential Roundtables to present the concept were held in February. “The fund will provide future presidents with access to money for projects that require immediate turnaround,” Dr. Bill Ihlenfeldt said. In his tenure, the college has responded to many such challenges, Dr. Ihlenfeldt said. The Foundation has been an invaluable fundraising vehicle, he said, helping to make possible the Health Education Center, NanoRite Center and other projects. The Innovation Fund will be administered by the Foundation. Once fully endowed, the fund will generate about $100,000 to $200,000 a year. For more information, contact Darcy Way, Development Specialist, at (715) 833-6277 or email dway@cvtc.edu; or Diane Pavelski, College Advancement Administrator, at (715) 833-6356 or email dpavelski@cvtc.edu. Innovation Fund 4 4 4 4 4 4 to qualify, projects must... Meet an emerging/developing industry sector or community opportunity Have an economic impact on the district CVTC serves Be a regional initiative that has the potential to advance the region Fit the mission of CVTC Be supported by a business plan that includes a sustainable future plan Have the ability to leverage other funding sources “ Dr. Ihlenfeldt comments… CVTC Foundation We’ve grown the Foundation. The Foundation was always at about $400,000 and the total assets are now about $4 million. That’s really not indicative of all the Foundation has done. The Foundation has secured funds for facility expansion. Through the Foundation, we raised a couple of million dollars to help build the Health Education Center, and another couple of million dollars to help advance NanoRite. We’ve also raised funds for special purchases, like the METI LiVE simulation software the health programs will be using. Those efforts are not included in that $4 million figure. That gives some idea of how important the Foundation is to CVTC. Through the Foundation, we’ve dramatically increased the number of scholarships we’re offering, and students in all programs benefit. And now the Foundation has another effort underway – the Innovation Fund. The Innovation Fund will provide funds that future presidents will be able to access for projects that require immediate turnaround. ” Chippewa Valley Technical College Foundation “What stands out for me is what CVTC does for the community in terms of education and the way the college remains at the forefront of technology – the continual updates in buildings and facilities. I’m impressed by CVTC’s willingness to work in economic development for the Chippewa Valley.” — Jim Pinter, past member of CVTC Foundation Board of Directors and friend of the college 2006-2007 Annual Report 16
Page 1 and 2: AS WE MOVE FORWARD… The Chippewa
Page 3 and 4: TABLE of contents The Chippewa Vall
Page 5 and 6: Working together RCU support benefi
Page 7 and 8: Liberal Arts New program results in
Page 9 and 10: W i s c o n s i n R e s i d e n t s
Page 11 and 12: River Falls Campus serves ever-incr
Page 13 and 14: Full-Time Equivalent Full-Time Equi
Page 15: Grand opening New facility welcomes
Page 19 and 20: Alumni Scholarship Jodie Huse recei
Page 21 and 22: Heidi Atkins presented her father
Page 23 and 24: Sue E. Fiore First Bank & Trust Fir
Page 25 and 26: Patrick J. Quinn RCU Julia E. Raehp
Page 27 and 28: CVTC Foundation Financials Foundati

AS WE MOVE FORWARD… - Chippewa Valley Technical College

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?