Rappahannock Community College Educational Foundation, Inc.
P.O. Box 923
Warsaw VA 22572
Mission Statement
The Rappahannock Community College Educational Foundation, Inc. (RCC EFI) is a nonprofit charitable Virginia corporation dedicated to supporting the mission of Rappahannock Community College of success through quality learning. RCC EFI is dedicated to assisting residents of the college’s twelve-county service region gain access to affordable and effective higher education by gathering, managing, and distributing financial resources through its scholarships, endowments, and outreach programs.
 
 
 
 
Leadership
CEO/Executive Director Mrs. Sarah D. Pope
Board Chair Dr. Robert V. Gates
Board Chair Company Affiliation Dahlgren, Retired
Contact Information
Address P.O. Box 923
Warsaw, VA 22572
Telephone 804 333-6707
Fax 804 333-6822
E-mail efi@rappahannock.edu
History and Background
Year of Incorporation 1980
Financial Summary
 
 
Projected Revenue $915,000.00
Projected Expenses $906,416.00
Additional Documents
Sales Tax Exemption2014View
Statements
Mission
The Rappahannock Community College Educational Foundation, Inc. (RCC EFI) is a nonprofit charitable Virginia corporation dedicated to supporting the mission of Rappahannock Community College of success through quality learning. RCC EFI is dedicated to assisting residents of the college’s twelve-county service region gain access to affordable and effective higher education by gathering, managing, and distributing financial resources through its scholarships, endowments, and outreach programs.
 
 
 
 
Impact
ACCOMPLISHMENTS:
  • Surpassed $8 million in assets.
  • Netted over $62,000 from its 2016 Preakness Party Fundraiser.
  • Managed nearly 100 scholarships and awarded more than $1 Million to students from 2014-2016.
  • Provided summer tuition and fee funding in 2015 and 2016.
  • Streamlined the entire scholarship process, from the submission of online student applications through the award process, 
 
GOALS:
  • Update 5-year RCC  EFI Strategic Plan.
  • Increase fundraising levels.
  • Increase general endowed scholarship fund.
  • Broaden student access to scholarships.
  • Engage Alumni.
Needs
NEEDS:
  • Increase faculty staff professional development awards program, $25,000.
  • Increase available scholarship funding by $100,000 per year.
  • Provide summer tuition and fees funding - $25,000.
  • Grow general endowed scholarship by $200,000 for greater student reach.
Background
RCC EFI was founded in 1980 to raise funds for supporting the mission of Rappahannock Community College.  RCC EFI is dedicated to assisting residents of the college’s twelve-county service region to gain access to affordable and effective higher education by gathering, managing, and distributing financial resources through its scholarships, endowments, and outreach programs.  RCC EFI accepts cash donations by check or online, bequests, charitable annuities, and in-kind gifts.
CEO Statement

When it comes to the first two years of college, earning a career certificate, or getting valuable training for a better job or going back into workforce, the best opportunity is at RCC. With your help RCC will continue to be the best opportunity for students in our region to get educated for a better life. Your support creates opportunities for students of all ages and puts more skilled professionals/workers into our community. Your gift can also benefit you by lowering your taxes.  A gift of stock shares (owned for more than a year) qualifies for the same deduction as a cash gift, while avoiding tax on the capital gain and preserving your cash for other uses. So, however you give and whatever you give to RCC, our entire community benefits.

Board Chair Statement

When considering where you will invest, please consider Rappahannock Community Educational Foundation.  RCC EFI administers scholarships to benefit RCC students.  The college has many programs and partnerships with varied constituents throughout our community and service region.  Rappahannock Community College offers students more than the opportunity to earn a degree or certificate. It provides a gateway to the Commonwealth’s best four-year colleges and universities if that is our student's goal. Our curriculum and faculty serve our students to create a successful educational experience.  The Associate Degree in Nursing Program at RCC is accredited by the Accreditation Commission for Education in Nursing, Inc. (ACEN).  Workforce Services serves businesses throughout our service region with customized classes. We have fully renovated campuses on Glenns and Warsaw with additional sites in Kilmarnock, King George, and New Kent. 

Areas of Service
Areas Served
Area
Essex County
Richmond County
Gloucester County
King and Queen County
Lancaster County
Mathews County
Middlesex County
New Kent County
Northumberland County
Northern Neck
Westmoreland County
Other
Rappahannock Community College and its educational foundation, RCC/EFI, serve a 3,000 square mile area comprised of twelve counties in Eastern Virginia: Essex, Gloucester, King George, King and Queen, King William, Lancaster, Mathews, Middlesex, New Kent, Northumberland, Richmond, and Westmoreland.  RCC has two campuses located in Glenns and Warsaw.
Board Chair
Board Chair Dr. Robert V. Gates
Company Affiliation Dahlgren, Retired
Term July 2013 to June 2017
Email robgates@va.metrocast.net
Board of Directors
Board Members
NameAffiliation
Mr. John F. Bott Retired
Ms. Anita H. Cook American Standard Insurance Agency
Mrs. Catherine M. Courtney Retired
Dr. Elizabeth H. Crowther RCC
Mr. Charles W. Donato Dominion Resources Services, Inc.
Mrs. Chalie Fleet Community Volunteer
Mr. Richard M. Foard Esq.Foard & DiaS, PC
Ms. Patricia H. Gallagher Eastern Virginia Bankshares
Dr. Robert V. Gates Retired
Mr. George R. Hayes Retired
Mrs. Carolyn A. Lemon Retired
Dr. Elliott D. Minor IIIVirginia Commonwealth University
Mrs. Audrey P. Mitchell King William Public Schools
Mr. William H. Pennell Jr.retired
Dr. Elizabeth Lee Robertson Virginia Polytechnic Institute and State University
Mr. Watler S. Rowland Esq.Attorney
Mr. Z. Curtis Smith Retired
Ms. Martha M. Tallent Retired
Ms. Elizabeth K. Wolf Independent Personal Property Appraiser
Board Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 0
Caucasian 19
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 9
Female 10
Governance
Board Term Lengths 3
Board Meeting Attendance % 85
Written Board Selection Criteria? Under Development
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Percentage Making In-Kind Contributions 75
Number of Full Board Meetings Annually 4
Standing Committees
Audit
Audit, Compliance and Controls
Executive
Scholarship
Board Governance
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Comments
comments to come
Executive Director
Executive Director Mrs. Sarah D. Pope
Senior Staff
NameTitle
Ms. Sharon Drotleff Administrative Specialist for College Advancement
Staff
Full Time Staff 3
Part Time Staff 1
Volunteers 25
Contractors 0
Retention Rate 100
Plans
Organization has a Fundraising Plan? Under Development
Organization has a Strategic Plan? Under Development
Management Succession Plan? No
Nondiscrimination Policy Under Development
Whistleblower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
Programs
Description
Population Served General/Unspecified
Budget $350,000.00
Long Term Success
RCC/EFI raised over $2 million in new scholarship funding during its "Soaring Together" major gifts campaign from 2009-2010
Description
Description
Budget $75,000.00
Description
Budget $100,000.00
Description
Budget $12,000.00
CEO/ED/Board Comments

RCC's strategic plan includes the following goals:  Student Success: improve student access,persistence to graduation, transfer rates and success, and preparation for careers.    Curriculum:  Cultivate dynamic, high quality academic and workforce programs.  Faculty and Staff: Utilize high quality recruitment, and retention practices, emphasizing professional development, leadership development, retraining, and retooling for RCC employees. Facilities and Student Activities:  Expand and effectively support student activities and commons facilities. College and Student Resources:  Properly staff operations and student support functions. Continue to expand Educational Foundation and grant funds to support college needs. Community: Expand partnerships with, presence throughout, and services to the community.   

In order to meet these goals, the educational foundation seeks funding for student scholarships, faculty/staff professional development, programming and create the ability to respond to the financial needs the college faces due to minimal state funding in support of higher education.
 
 
 
Fiscal Year
Projected Revenue $915,000.00
Projected Expenses $906,416.00
Endowment Value $2,991,165.00
Spending Policy Income Only
Percentage (if selected) 5
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
$497,506----
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions$336,993$358,738$113,830
----$489,196
$23,280--$24,460
Investment Income, Net of Losses$224,080$845,120$659,450
Membership Dues------
Special Events$149,465$157,002$12,300
Revenue In-Kind----$16,259
Other$1,159$8,109--
Expense Allocation
Fiscal Year201520142013
Program Expense$461,627$405,471$434,532
Administration Expense$68,201$110,811$43,573
Fundraising Expense$60,279$61,744$67,426
Payments to Affiliates------
Total Revenue/Total Expenses2.092.372.41
Program Expense/Total Expenses78%70%80%
Fundraising Expense/Contributed Revenue6%12%11%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$8,013,727$7,378,089$6,600,118
Current Assets$440,294$387,587$492,093
Long-Term Liabilities$122,468$130,913$130,913
Current Liabilities$14,238$25,503$25,503
Total Net Assets$7,877,021$6,443,702$6,443,702
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities30.9215.2019.30
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets2%2%2%
Capital Campaign
Currently in a Capital Campaign? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit ExemptionView
Comments
Foundation Comments
  • Financial information provided from IRS 990s.
  • IRS 990s and audited financial statements prepared by Barcalow & Hart, PLLC.
  • Revenue from "Individuals" includes in-kind contributions and support from corporations and foundations.