John Tyler Community College Foundation
800 Charter Colony Parkway
Midlothian VA 23114
Mission Statement
John Tyler Community College Foundation acquires vital resources that advance the College's mission to provide superior, affordable, and accessible education. The Foundation seeks the time, talent, and financial support of alumni, individuals, businesses, civic groups, and elected officials to build relationships that ultimately help John Tyler Community College elevate the community's quality of life.
Web and Social Media
Leadership
CEO/Executive Director Ms. Rachel Biundo
Board Chair Mr. Peter Eliades
Board Chair Company Affiliation Eliades & Eliades
Contact Information
Address 800 Charter Colony Parkway
Midlothian, VA 23114
Telephone 804 594-1450
Fax 804 594-1478
E-mail foundation@jtcc.edu
History and Background
Year of Incorporation 1985
Financial Summary
 
 
Projected Revenue $973,250.00
Projected Expenses $1,277,562.00
Statements
Mission
John Tyler Community College Foundation acquires vital resources that advance the College's mission to provide superior, affordable, and accessible education. The Foundation seeks the time, talent, and financial support of alumni, individuals, businesses, civic groups, and elected officials to build relationships that ultimately help John Tyler Community College elevate the community's quality of life.
Impact
In 2015-16, John Tyler Community College Foundation:
 
  • Provided more than $649,000 in support for John Tyler academic programs, faculty development, and capital projects.
  • Awarded approximately $291,000 in scholarships to more than 170 John Tyler students.
  • Secured more than $690,000 in gifts and pledges from community funding partners.

Goals for 2016-17 include, among others:
 
  • Increase overall support to John Tyler Community College by 10%.
  • To celebrate John Tyler's 50th Anniversary, partner with College faculty, staff, and students to raise $50,000 to support $2,500 scholarships for John Tyler students who are within two semesters of completing their credential.
  • Launch a strategic planning process with the Foundation's Board of Directors. 
Needs
John Tyler Community College Foundation works collaboratively with College faculty and staff to secure support for priority programs and projects, foster partnerships with area communities, businesses and organizations, and manage donor-initiated funds and contributions with fiscal integrity and transparency. Contributions to the Foundation help John Tyler sustain and expand key educational and workforce training offerings, nurture faculty and staff innovation, prevent emergencies from deterring student success, and strengthen initiatives that support student completion and workforce development. Top funding priorities include:
 
  • Student Scholarships
  • Academic Program Support
  • Strategic Capital Projects on John Tyler's Chester Campus
  • Planning Giving and Endowment 
 
 
Background
Founded in 1967, John Tyler Community College is the fifth largest of Virginia's 23 community colleges, and serves students with campuses in Chester and Midlothian; off-campus classrooms; and online courses. The College offers more than 60 majors; programs that lead to workforce credentials; guaranteed transfer agreements with more than 35 four-year colleges and universities; and state-of-the-art facilities that mirror real-world work environments. Over the years, John Tyler's programs have evolved to meet the educational, economic, and workforce needs of its diverse student population and service region. In 2017, the College celebrates its 50th Anniversary,
 
John Tyler Community College Foundation also formed in 1967 and initially functioned as a fundraising mechanism for student scholarships. In the 1980s, the Foundation acquired endowment funds that allowed it to invest for the future and begin supporting myriad activities, including faculty development, capital purchases, and general support for new programs and initiatives. Currently, the John Tyler Community College Foundation and its board of directors function as a higher education advancement entity, providing financial resources and advocacy for the College and its mission. The Foundation oversees and implements John Tyler's fundraising and grant activity, manages Foundation scholarships, and coordinates the College's alumni relations effort. 
Areas of Service
Areas Served
Area
Metro Richmond
Tri-cities Region
Chester
Chesterfield County
Colonial Heights, City
Dinwiddie County
Hopewell, City
Petersburg, City
Prince George County
Sussex County
John Tyler Community College is a two-year public institution of higher education established as part of a statewide system of community colleges. The College primarily serves the cities of Colonial Heights, Hopewell, and Petersburg, and the counties of Amelia, Charles City, Chesterfield, Dinwiddie, Prince George, Surry, and Sussex.
Board Chair
Board Chair Mr. Peter Eliades
Company Affiliation Eliades & Eliades
Term Jan 2015 to Dec 2017
Email petereliades@eliaded-eliades.com
Board of Directors
Board Members
NameAffiliation
Ms. Sandy Aderholt Johnston-Willis Hospital
Mr. William "Bill" A. Barnes Jr.College Board Representative
Mr. Rodney Braziel College Hunks Hauling Junk
Ms. Tammy Colatruglio John Tyler Community College
Mrs. Pamela M. Comstock Gilbert C. Martin, Co., Inc.
Mr. Brian Dail Rolls Royce
Honorable Rosalyn R. Dance Virginia House of Delegates
Mr. Tim Davey Timmons Group
Mr. Peter Eliades Eliades & Eliades
Mr. Frank Ernesto IVNDSE
Ms. Catherine Foca Capital One
Mr. Andrew Glowatsky Church & Dwight Co., Inc.
Mr. Chuck Hope Haverty's Furniture Companies, Inc.
Mr. Arthur M. Hungerford IIIAtlantic Constructors, Inc.
Mr. Bryce D. Jewett Jr.Jewett Machine Manufacturing Company, Inc.
Mr. Vandy V. Jones IIICity of Petersburg
Mr. David O. Ledbetter Hunton & Williams
Mr. James Myers Amsted Rail Company, Inc.
Dr. Edward Raspiller John Tyler Community College
Mr. Ricardo Torres National Student Clearninghouse
Mr. Michael R. White Virginia Asset Management, LLC
Mr. Ron White Office of Congressman J. Randy Forbes
Ms. Carolynn Zinsmaster John Tyler Community College (Student Representative)
Board Demographics - Ethnicity
African American/Black 4
Asian American/Pacific Islander 0
Caucasian 18
Hispanic/Latino 1
Native American/American Indian 0
Board Demographics - Gender
Male 17
Female 6
Governance
Board Term Lengths 3
Board Term Limits 0
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Number of Full Board Meetings Annually 4
Standing Committees
Audit
Board Governance
Executive
Finance
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Advisory Board Members
NameAffiliation
Dr. Kevin T. Corby E.I. DuPont
Mr. John H. Settle Jr.Wells Fargo Private Bank
Mr. William H. Talley IIIWilliam H. Talley & Son, Inc.
Executive Director
Executive Director Ms. Rachel Biundo
Experience
 
 
Senior Staff
NameTitle
Ms. Angela Hamilton Financial and Scholarship Administrator
Ms. Christin S. Jones Grants Specialist
Ms. Jennie Romero Director of Development
Staff
Full Time Staff 5
Plans
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Under Development
Organization Policy and Procedures Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Programs
Description
Fiscal Year
Projected Revenue $973,250.00
Projected Expenses $1,277,562.00
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
------
Government Contributions$0$0$30,000
Federal------
State------
Local------
Unspecified----$30,000
Individual Contributions$477,993$529,593$448,086
------
------
Investment Income, Net of Losses$8,751$522,837$975,218
Membership Dues------
Special Events------
Revenue In-Kind$221,518$340,869$408,897
Other$4,050$73,060--
Expense Allocation
Fiscal Year201520142013
Program Expense$941,124$712,793$1,063,045
Administration Expense$83,415$94,294$137,581
Fundraising Expense$48,133$46,340$44,756
Payments to Affiliates------
Total Revenue/Total Expenses0.661.721.50
Program Expense/Total Expenses88%84%85%
Fundraising Expense/Contributed Revenue10%9%9%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$6,851,460$7,219,227$6,598,888
Current Assets$698,184$842,718$433,124
Long-Term Liabilities$0----
Current Liabilities$0$7,407--
Total Net Assets$6,851,460$7,211,820$6,598,888
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities--113.77--
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? Yes
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit ExemptionView
Comments
Foundation Comments
  • Financial information provided from audited financial statements.
  • Audited financial statements for 2010 prepared by Cherry, Bekaert & Holland, LLP.