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JULY 2016

Annual Report

2014 Foundation Accomplishments

    During 2014, the Foundation provided services to South Georgia Technical College valued at approximately $685,000.
  1. Raised $262,068.17 in cash and gift in kind contributions in the TechForce 2014 annual drive to assist with scholarships for deserving and financially disadvantaged students, computer software to assist students in the college’s LIFE (Learning is for Everyone) Labs on both the Americus and Crisp County Center campuses, and equipment for the new John Deere TECH Agricultural Technology associate of applied science degree as well as equipment for the Emergency Medical Technician and Fire Science programs.
  2. Earned $149,026.51 in investment income as well as $357,807.50 in realized gains on the South Georgia Technical College Foundation funds invested with Synovus Trust Company. There was depreciation of $113,219.83 and management fees of $103,095.41, which resulted in $290,218.77 in income to the foundation on long term investments for 2014.
  3. Secured funding for the fourth year for two Federal U.S. Department of Education grants valued at approximately $2.3 million over four years. Included in the overall grant award was $53,000 in 2014 to add to the principal of two endowed Foundation scholarships established in 2011.
  4. Secured funding of $80,000 from the USDA for equipment to assist with the new John Deere TECH Agricultural Technology program.
  5. Awarded 144 foundation scholarships valued at over $58,452.41to assist students with tuition, books, dormitory expenses, cafeteria expenses, GED test expenses, supplies, and tools to help further the students’ education at SGTC.
  6. Established five new endowed scholarships in 2014. Bill and Sue Dupree endowed a scholarship for the Environmental Horticulture program, Lou Crouch established his second Law Enforcement Academy Scholarship, the Waitsman family endowed their seventh scholarship in honor of Marie Waitsman and in memory of Leonard Waitsman, Agrium Inc. endowed its fourth scholarship, and Citizens Bank of Americus endowed its third scholarship.
  7. Provided three scholarships to purchase tools for Diesel Equipment students through the Caterpillar Excellence Fund.
  8. Assisted 7 GED students with scholarships for the GED exams through the GED (Girls Educating with Donations) Scholarship fund.
  9. Continued the Two Great Choices – One Great Community partnership between South Georgia Technical College and Georgia Southwestern State University and their two foundations to promote Americus and Sumter County as a college town. Raised $9,825 locally in 2014 to support this effort.
  10. Purchased over $13,622.39 worth of equipment and tools for the Diesel Program from the Caterpillar Excellence funds.
  11. Received over $5,000 worth of support from the Americus Times Recorder for TechForce ads and the Two Great Choices – One Great Community partnership through placement of combined logo on the front page of the newspaper throughout the year.
  12. Joined the Technical College Foundation Association.
  13. Assisted with expenses for Adult Literacy staff development meetings.
  14. Provided Instructor of the Year recognition.
  15. Provided assistance for GED graduation ceremony.
  16. Assisted with expenses to send a GED student to the State Exceptional Adult Georgian in Literacy Education (EAGLE) Competition.
  17. Co-sponsored the GOAL banquet in Atlanta.
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