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CAPE FEAR COMMUNITY COLLEGE ANNUAL PLANNING RETREAT JUNE 18, 2004

The CFCC Foundation exceeded its annual fund drive goal, increased donor base by 50%, created scholarships, and enhanced the Foundation's image through new branding and investments.

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CAPE FEAR COMMUNITY COLLEGE ANNUAL PLANNING RETREAT JUNE 18, 2004

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  1. CAPE FEAR COMMUNITY COLLEGE ANNUAL PLANNING RETREATJUNE 18, 2004 2003-2004 CFCC FOUNDATION

  2. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Met the annual fund drive goal of $350,000 in four months and exceeded the goal by 25 percent for a total of $465,348 in contributions to date.

  3. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Conducted the largest campus fund drive to date with a total of $35,753 in contributions from 260 faculty and staff.

  4. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Increased the donor base by 50% over the previous year including 186 first-time donors.

  5. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Increased total Foundation assets to $1.8 million.

  6. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Reinvested $1.2 million in Foundation endowed funds via local investment manager Reid Murchison of A. G. Edwards Company through a competitive interview process.

  7. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Adopted a new investment policy, asset allocation model and spending policy.

  8. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Created twelve new scholarships and awarded $208,349 in scholarships to 232 students in the 2003-04 academic year.

  9. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Created sevennew endowed funds with a combined initial investment of $110,000.

  10. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Developed a newlogo, informational brochure and letterhead to enhance the image and public knowledge about the Foundation.

  11. CFCC FOUNDATIONPRIMARY ACCOMPLISHMENTS Brought two new directors to the board, bringing the total to 7 new directors over 2 years.

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