FUTURE FOUNDATION

FUTURE
FOUNDATION
2005 Annual Report
MESSAGE FROM
THE BOARD
MISSION
The Future Foundation, Inc. is a non-profit
501(c)(3) corporation founded in July 2004 to
advance the mission and vision of Wallace State
Community College. The Foundation promotes
equity, accessibility and excellence in education.
We believe that education should be attainable
by all, that it is vital to our community, and that
the College's employees and resources determine
the quality of service we provide to students and
the community.
The mission of the Future Foundation, Inc.
is to support the advancement of Wallace
State Community College’s vision and
mission by providing community members
opportunities for charitable giving and
service.
One of the Foundation's most important goals is
to provide scholarships to students whose
educational needs cannot be met by their current
resources. The Foundation raised more than
$29,000 at its first luncheon auction, entirely for
scholarships. To date, more than 18 scholarships
have been funded from this event alone.
Evelyn Burrow established the Foundation's first
$1 million endowed scholarship through her gift
of an irrevocable charitable remainder trust.
Scholarships have also been established to honor
certain individuals and to support students
engaged in specific areas of study.
Through philanthropic giving, no matter the size
or sum, you are making an investment in the
future of our students, the economic development
of the region and in Wallace State Community
College as we become a become a distinctively
world class, nationally-recognized, and
technologically-advanced learning College that
effectively serves the educational, cultural and
social needs of our community.
Because Wallace State is a state-assisted
institution, we rely increasingly on contributions
to reach our vision and better serve our students.
Become a partner in our success. Donations may
be made to The Future Foundation, Inc. at P.O.
Box 568, Hanceville, Alabama 35077. For more
information, call 256/352-8124.
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GOALS
•
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•
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To provide scholarships for deserving
WSCC students
To provide financial assistance to
educational programs
To provide for capital improvements
To provide opportunity for benefactors
To invest in WSCC through volunteer
activities, donations, planned giving,
and special events
To seek grants
To encourage the subsidation of WSCC
faculty in individual endeavors
WALLACE STATE FUTURE FOUNDATION AUCTION
RAISES $29,000 FOR SCHOLARSHIPS
The Wallace State Future Foundation raised more
than $29,000 for scholarships at its annual
luncheon auction on July 21. That amount
exceeded the organization’s goal of $25,000.
“I’m very, very pleased with the results,” Wallace
State President Vicki Hawsey said. “We exceeded
our goals. Anytime a private fundraising effort such
as this exceeds its goal, that’s something to be
extremely proud of. We are grateful to our board,
VIP committee and community members who
made this possible.”
Wallace State President Dr. Vicki Hawsey welcomes the crowd to
Thursday’s Future Foundation Luncheon Auction.
Proceeds from the event will go solely to provide
scholarships for Wallace State students.
A pound cake made by Gracie Grissom was the top
selling item auctioned, going for $1,050. A 1995
Chevy Cavalier donated by Harry Bivins Used
Cars sold for $1,900. Two seven-day vacations in
Gatlinburg, Tenn., from American Proteins went
for $800 apiece.
A full house at Wallace State Future Foundation’s first luncheon
auction raised more than $29,000 for scholarships.
Other items auctioned included dinner for two at
Frank Stitt’s newest restaurant Chez Fonfon, a
bracelet from Ed White Jewelers, Iroko spa
package, and decorative cross from Southern
Accents. A HealthFit fitness package, seven-day
vacation from Midnight Properties, 27-inch TV
from Wal-Mart Distribution Center, outdoor
furniture from Lowe’s, trips, art and home
furnishings were just a few of the items donated
from other community members and friends of the
College.
In all, 52 local businesses and individuals donated
items to the auction.
Members of the V.I.P. Committee - Front Row: Betty Hauk, Nell Creel,
and Elliott Free; Second Row: Jacqueline Schendel, Melanie Dellinger, Kim
Canaday, Elaine Fuller, Jo Burrow, and Mary Adams. Not Pictured: Julie Apel.
The Future Foundation’s V.I.P. Committee was
responsible for planning the event. Members
included Mary Adams, Julie Apel, Jo Burrow, Kim
Canaday, Nell Creel, Melanie Dellinger, Elliot
Free, Elaine Fuller, Betty Hauk, and Jacqueline
Schendel.
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WALLACE STATE BREAKS GROUND ON
Wallace State Community College broke ground on
its new Burrow Center for the Fine and Performing
Arts on August 29. The building, which will become
the 42nd building on Wallace State’s expansive 214acre campus, will be located on the front of campus
in the quadrant bordered by Highway 31 and College
Drive. The Center is expected to open in April
2007.
Chancellor of the Alabama College System Roy Johnson, Wallace
State President Vicki Hawsey, and Congressman Robert Aderholt.
The Burrow Center will house a $9.5 million
collection of fine art donated to the College by
Evelyn Burrow last year as well as a 300-seat theater,
200-seat recital hall, numerous classrooms and
practice areas, art studios and faculty offices.
This addition comes during the celebration of
Wallace State’s 40th anniversary year. In her
remarks at the groundbreaking Hawsey said,
“Wallace State celebrates 40 years of excellence, 40
years of progress, 40 years of change. Change occurs
today as we proactively pursue our vision to be a
world class institution that effectively serves the
educational and cultural needs of our students and
our community.”
Dean of Academic Affairs Jenny Folsom, Museum Benefactor
Evelyn Burrow, and Wallace State President Vicki Hawsey.
Wallace State music students perform under the direction of
choir director Michael Sparks.
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The Burrow Center for the Fine and Performing Arts
is named for Ottis and Evelyn Burrow. The late Ottis
Burrow was instrumental in the selection of
Hanceville as the site of the George C. Wallace
Trade School of Cullman County, now known as
Wallace State Community College. His wife Evelyn
Burrow donated their museum collection to the
College last year.
Congressman Robert Aderholt, Chancellor of the
Alabama College System Roy Johnson, Hanceville
Mayor Katie Whitley, former First Lady of Alabama
Jamelle Folsom and Commissioner George Wallace, Jr.
were among the dignitaries present at the groundbreaking ceremony. Members of the Cullman and
Blount County legislative delegations, including Sen.
Zeb Little, Rep. Neal Morrison, Rep. Ron Grantland,
Rep. Jeremy Oden, and Rep. Elwyn Thomas were also
present along with a host of community members,
faculty, students and friends of the College.
FINE AND PERFORMING ARTS CENTER
“The Burrow Center will provide opportunities for
students and the community to engage in culture in
new and exciting ways,” said Congressman Robert
Aderholt, emphasizing the importance of study of
the arts and literature in the development of a wellrounded individual.
“This first class facility will allow students to grow to
be everything they can be,” said Chancellor Roy
Johnson. “This college stands as a leader in the
Alabama College System. The Burrow Center will
help ensure that that leadership continues and that
Mrs. Burrow’s legacy lives for generations to come,”
he said.
Former First Lady of Alabama Jamelle Folsom.
Breaking ground on the newest addition to the campus
of Wallace State Community College in Hanceville—
The Burrow Center for the Fine and Performing Arts:
(L-R) : Stacey Scott, Cullman Area Chamber of Commerce;
Representative Elwyn Thomas; Peggy Smith, Cullman
Economic Development Agency; Representative Jeremy
Oden; Mack Freeman, McCauley Associates, Inc.; Senator
Zeb Little; Representative Neal Morrison; Evelyn Burrow,
Museum Benefactor; Congressman Robert Aderholt;
Wallace State President Dr. Vicki Hawsey; Roy Johnson,
Chancellor of the Alabama College System; Public Service
Commissioner George Wallace, Jr.; Hanceville Mayor
Katie Whitley; Tim Aho, McCauley Associates Inc.; Robert
Bean, Wallace State Music Department Chair; Rob
Metcalf, Wallace State Theater Department Instructor;
Dale Greer, Cullman Economic Development Agency.
Commissioner George Wallace, Jr.
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BURROW RECOGNIZED AS ALABAMA’S
BENEFACTOR OF THE YEAR
Evelyn Burrow was recognized as Alabama’s Benefactor
of the Year at the Council for Resource Development’s
2005 Region IV Benefactor’s Reception and Awards
Banquet held in Nashville, Tenn.
Burrow was honored for the generosity of her recent
$10.5 million gift to Wallace State Community
College. She donated the contents of her North
Alabama Museum of History and Fine Arts with an
appraised value of $9.5 million to WSCC last year,
and subsequently established a $1 million trust for
the Wallace State Future Foundation to advance
the College’s educational mission and support
cultural arts in Cullman County.
Pictured L-R: Lisa McWherter, CRD Region IV Director; Wallace
State President Dr. Vicki Hawsey; Benefactor Award winner
Evelyn Burrow; and Jim Chitwood, CRD President.
The Alabama Symphony Orchestra performed at Wallace State
during Cultural Arts Week 2005. (The Conductor does not
appear to be in this photo).
FOUNDATION HOSTS
MEET THE CONDUCTOR
RECEPTION FOR ASO
The Alabama Symphony Orchestra performed a
free concert for the finale of Wallace State’s
Cultural Arts Week on Sunday, April 10 in the
Student Center Theater. Prior to the concert, the
Wallace State Future Foundation hosted a Meet
the Conductor dessert reception to provide guests
with an opportunity to meet ASO Conductor
Christopher Confessore.
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Pictured L-R: Foundation Secretary-Treasurer Janice
Morgan, Vice-President Dr. Jenny Folsom, ASO Conductor
Confessore, and Foundation Director Betty Leeth Haynes.
OPPORTUNITIES
FOR GIVING
SCHOLARSHIP
A contribution may be made to the general scholarship
fund. Award is based on need.
ENDOWED SCHOLARSHIP
A minimum gift of $10,000 will endow a perpetual scholarship that will support WSCC students for years to come.
CAPITAL PROJECTS
Gifts may be made in any amount toward capital projects or
programs.
UNDESIGNATED
A donor may wish to provide support in any amount, allowing
the College and Foundation to utilize the gift where needed.
WILLS, TRUSTS, AND ESTATE GIVING
Establish a legacy by including the Future Foundation in
your will.
WALL OF HONOR
Donors are recognized on the Wall of Honor. Faculty, staff,
and administration of the College are encouraged to
become a part of the Wall of Honor.
PRESIDENT’S CIRCLE
Platinum......$10,000
Patrons................500
Gold ................5,000
Friends ................100
Silver ..............1,000
LEGACY SOCIETY
Gold Patron....................$500,000 or greater
Silver Patron ....................100,000
Bronze Patron ....................50,000
FINANCIAL
SUMMARY
BALANCE SHEET AS OF SEPTEMBER 30, 2005
ASSETS
Current Assets
Checking/Savings
SouthTrust Bank
Total Checking/Savings
$44,400.78
$44,400.78
Accounts Receivable
Pledge Receivable – Mrs. Burrow
Total Accounts Receivable
$1,000,000.00
$1,000,000.00
Total Current Assets
TOTAL ASSETS
$1,044,400.78
$1,044,400.78
LIABILITIES & EQUITY
Equity
3010 – Unrestricted (retained earnings)
$6,450.00
$1,037,950.78
Net Income
Total Equity
$1,044,400.78
TOTAL LIBABILITIES & EQUITY
$1,044,400.78
DONOR LIST
Sara F. Carden
Ann Caretti
Bonnie Caretti
Cleveland Pharmacy
Evelyn Burrow
Coca-Cola Bottling Company
United, Inc.
Mary Collins
PRESIDENT’S
Susan Copeland
CIRCLE
Becky Corley
Platinum
Rene Cornelius
Nancy Counts Corser
Weems Drywall, Inc.
Brenda F. Cowman
Gold
Martha Cox
Nell Creel
Cullman-Jefferson Counties
Croft Construction
Gas District
Cullman Economic
American Proteins, Inc.
Development Agency
Silver
Industrial Development
Board
Compass Bank
Cullman Lioness Club
Betty S. Bryan
Cullman Oil, Inc.
Joyce Deweetor
Cullman Times
R. Mack Freeman
Robin Cummings
Douglas Frye
Deals Nashville Warehouse
Ernest Godfrey
Tire Co.
Vicki Hawsey
Deason Foods, Inc.
Betty Leeth Haynes
Anthony J. Dipiazza
Barry McGriff
Doug Doggett Jewelers
Richard Newman
Melinda Edwards
C. Dowd Ritter
Eidson & Associates
Wachovia
Denise Elliott
Patrons
Eva Bank
Donna Farmer
ACCESS Group, LLC
First Baptist Church of
AmSouth Bank
Gardendale
Norris Atchley
A.D. Freeman
Donna Cheatham
Coca-Cola Bottling Company Chester Freeman
Ruby Freeman
Cullman Regional Medical
Elizabeth Fuller
Center
Fuller Music House
Doug Dahl
Melanie Glasscock
Estate of Amanda J. Wolf
Steven R. Glasscock
Jenny Folsom
Marcia Moulton Glover
Guardian Angel Gift Shop
Kimberly Goodwin
Harry Bivins Used Cars
Stabler Gray
Knight, Griffith, McKenzie,
Knight, McLeroy and Little Stephen K. Griffith
Gracie Grissom
McCauley Associates, Inc.
Donna Guthrie
Merchants Bank
Fred Halstead
People's Bank
Hanceville Drug Company
Allison Rice
Suzanne Harbin
Traditions Bank
Lynn H. Harris
Gloria Williams
Sharon Harris
Ed Hart
Friends
A & B Pump and Supply, Inc. Gaylyn Hawkins
Earnie H. Haynes
Alina Adams
Joe Hendrix
Tim Aho
Sue J. Hill
Connie Allen
Ozelle & Doris Hinkle
LaDonna N. Allen
Darlene Huff
Lori Allen
Independent Medical
Pat Allison
Services, Inc.
Matthew Andrews
Jimmy Watson Machine Co.,
John Apel
Inc. #2
Tavie Armstrong
Beth Johnson
Donna B. Attaway
Mell Johnson
Sid Borden
Mary Jones
Marsha Bradford
Shelia Keedy
Frank Brunner
James H. Kerby
Stacey Hooper Brunner
L & L Laundry
Staci Bryan
Floyd Lawson
Kathy Buckelew
Lee's Veterinary Hospital, Inc.
Martha Burchell
C F Thompson Management Robbin Leeth
Virginia Leigeber
Trust
Campbell Transportation, Inc. Bert Mackentepe
LEGACY
SOCIETY
Gold Patron
Angelo Mancini
Debbie Maner
Wayne Manord
Ron & Carolyn Mann
Marcy Manning
Carol Martin
Conny M. Martin
Ramonia Matthews
Bobbie Maury
Mary Mayo
Sheridan McGee
Larry Means
Mitch Smith Chevrolet, Inc.
Janet Money
Janice Apel Morgan
Martha Morgan
Neal Morrison
Sheila Mosley
Malcolm William Moss
David W. Naumann
Cindy Neal
Theresa Neason
Thomas Nielsen
North Alabama Museum of
History
Christine O'Leary
Dale Palmer
William Peinhardt
Lucille Powell
Dave Pylant
Quick, Renee
Shannon Quick
Wesley Rakestraw
Rehau Incorporated
Regions Bank
Reliance Bank
Joyce M. Rodgers
Shree Akshar, Inc.
Kathryn Sides
Jennifer Sims
Sandra W. Smaltz
Smith Family Tire, Inc.
Susan B. Smith
Tomesa Smith
Deborah Spann
Michael Sparks
Maria S. Stanford
Donna Stanley
Susan Stephens
Aurelia G. Taylor
Lavell Thrasher
Tim Thorton
Jane Tolbert
Randy Tucker
Sharon Turner
Martin Warren
Susan D. Wells, DMD
Linda Wesley
Westpack Banking
Brenda Wheeler
Adrian D. White
Wilma White
Tracy Whitt
Judy Williamson
Donnie Wilson
Judy D. Wood
WSCC Dental Hygiene
Department
WSCC Human Services Club
WSCC Wellness Department
Kenneth D. Yakopcic
Stephen Yoder
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BOARD OF
DIRECTORS
Dr. Vicki Hawsey
Foundation President
Betty Leeth Haynes
Foundation Director
Dr. Jenny Folsom
Foundation Vice-President
Evelyn Burrow
Foundation Director
Janice Morgan
Foundation Secretary-Treasurer
Vince Cheatham
Foundation Director
Don Hubbard
Foundation Director
WALLACE STATE
FUTURE
FOUNDATION
P.O. Box 568 • Hanceville, AL 35077
www.wallacestate.edu
256.352.8000