1. Working in partnership with the 23 colleges and their respective leadership to provide additional value to their efforts
Status: Since 2005, The Virginia Foundation for Community College Education (VFCCE) has undertaken a number of notable initiatives in support of this goal, foremost of which are the Legislative Reception, the Chancellor’s Award for Leadership in Philanthropy, the Commonwealth Legacy Scholarship Program, and the Great Expectations Education Program for Foster Youth. Each of these has an important purpose beyond fundraising – enhancing image and visibility, building awareness, recognizing the role of private philanthropy, and highlighting the critical mission of Virginia’s Community Colleges in addressing the unmet needs of the commonwealth.
In addition, donors have shared with the VFCCE that a statewide foundation serves them well as a central point of contact for philanthropic investment rather than having to choose between colleges.
2. Engaging statewide leaders with the vision and capacity to influence key stakeholders and promote investment at the state level for the benefit of all
Status: The VFCCE has made substantial strides in engaging statewide leaders in our efforts and building a strong Board of Directors committed to both advocacy and support. From an initial membership of 3 in 2005, the board is now composed of 26 prominent Virginians from the top echelons of business and industry, education, government, law, finance, healthcare, and civic affairs across the commonwealth. This caliber of leadership has been instrumental in identifying and cultivating major individual prospects and opening doors to corporate, foundation, and governmental resources beyond what is possible at the local college level.
Mitzi Reynolds has joined VFCCE as the new Executive Director in October 2013. The former executive director, Jennifer Gentry, will lead the foundation’s major gifts effort and continue to serve as vice chancellor of Institutional Advancement for Virginia’s Community Colleges.
Reynolds has more than 25 years of senior-level management, communications, finance and relationship management experience. Her career includes investor relations leadership for public companies, firm administration, and a variety of commercial banking roles. She also has broad experience in the nonprofit community including fund development, strategic planning, public relations and marketing.
Reynolds recently served as vice president for investor relations for Colfax Corporation where she established the investor relations function for a newly-public global manufacturer. She was the company spokesperson and primary contact with the investment community at Colfax and also at Tredegar, where she led investor relations and corporate communications. She previously served as firm administrator for Wells Coleman, a Richmond-based accounting firm, where she oversaw the day-to-day operations and served on the senior leadership team.
Reynolds earned her bachelor’s in business administration from the College of William and Mary and her master’s in finance from Virginia Commonwealth University. A board member of the William and Mary Richmond Business Alliance, Reynolds also assists with ChildSavers, LINC, Massey Cancer Center and Impact 100.
High school is no longer the finish line for an individual seeking an independent and fulfilling life in the 21st century. That evolutionary and bold statement was the heart of the first-ever report of the Governor’s P-16 Council in 2006. Since then, surveys and studies have only affirmed the sentiment’s validity.
Two out of every three jobs available in Virginia will require more than a high school education by the year 2018, according to a recently released national report.
Knowledge is the currency of our time, and a community’s ability to cultivate its talent will determine its overall success.
Community input served as the genesis for this strategic plan. Formal and informal conversations across Virginia with students, business and community leaders and elected officials guided the plan's creation. The ultimate success of the plan will be judged with Virginia's Community Colleges report back to those communities with the results of its five measurable goals: Access, Affordability, Student Success, Workforce and Resources.
As more people become aware of the value their community college delivers to their community, they are increasingly willing to partner with the colleges and bring resources to the table that will enhance the college's impact. That was the case over the past six years as Virginia's Community Colleges doubled the collective holdings of their foundations and awarded millions of dollars in scholarships and other opportunities. Unpredictable state budget fluctuations are forcing our colleges to expand their base of resources and create more relationships that deliver winning results for those who depend on the opportunities our colleges create.
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
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