MOCollegesFund-Annual-Report-2018

A Greater Proportion of Missouri’s Degrees: The 5-45-65 Equation Missouri Colleges Fund 45% 18 Member Missouri Colleges Fund Economic Impact 2018: Colleges & Universities 9,066 employee

Creating Opportunities for Today’s Students Tomorrow’s Leaders.

2018 Annual Report

Share of State

Tuition

Expenditures

Share of Full-Time Undergraduate Enrollment Share of Bachelor’s Degrees Awarded

Students with financial need

at MCF campuses receive less

than 5 percent of the state’s

tuition expenditures.

MCF campuses produces

65 percent of all bachelor’s degrees awarded in the state.

Overall, MCF campuses enroll 45 percent of all undergraduates in Missouri.

A Greater Proportion of Missouri’s Degrees: The 5-45-65 Equation

Missouri Colleges Fund 45%

18 Member Missouri Colleges Fund Economic Impact 2018:

Colleges & Universities

9,066 employees Generates Economic Activity $4.6 Billion Undergraduate Enrollment 81,933 students

Sources: Missouri Department of Higher Education and Missouri Colleges Fund, Inc.

State of Missouri 55%

State of Missouri 35% Missouri

Colleges Fund 65%

State of Missouri

95%

Missouri Colleges Fund 5%

Message from the Chairman

Dear Friends:

In February of 2019, Federal Reserve

Chairman Jerome H Powell stated that

the U.S economy is in a good place but

warned that income inequality is the

nation’s biggest economic challenge in

the coming decade

So what is the solution?

A recent study from Georgetown

University found that, on average,

college graduates earn $1 million more

over their lifetime In addition, the Pew

Research Center found that the median

yearly income gap between high school

and college graduates is around $17,500

Based on Chairman Powell’s comments

and the studies cited above, it is clear

that the mission of the Missouri Colleges

Fund is crucial to the success and welfare

of our young people

The Missouri Colleges Fund offers donors

a unique way to make one annual gift in support of our 18 member institutions

These institutions do an amazing job of educating and preparing our students for lives of distinction The impact of our educated citizens will be significant across our state and country You can read about some of the success stories in this annual report

Our students receive less than 5 percent

of the state’s tuition dollars, and yet comprise 45 percent of the state’s full-time undergraduate enrollment and a

65 percent share of bachelor’s degrees awarded To accomplish so much with

so little requires help from our friends

Many of you have donated to the fund for decades, and for that we are eternally grateful If you have not yet donated, please consider making a gift this year

The donors listed in this report will tell you that it has been a worthwhile investment

Thank you for supporting Missouri Colleges Fund, and we hope to hear from you or see you on the campus of one of our member institutions

Sincerely,

Ken Theroff

Ken Theroff, Board Chair

2018 Annual Report • 3

Private Colleges Work Hard

To Help Students Succeed.

FIRST GENERATIONS STUDENTS

ARE MORE LIKELY TO

GRADUATE FROM PRIVATE COLLEGES

70% graduated from private

colleges within 6 years 57% graduated from public

universities within 6 years

EMPLOYERS WANT LIBERAL ARTS KNOWLEDGE

80% of employers think every student should

acquire broad knowledge in the liberal arts

PRIVATE COLLEGE GRADUATES FINISH ON TIME

59% of graduates of smaller

private colleges finish

within 4 years 38% of graduates of regional

public universities finish within 4 years

$14,826

awarded on average per student

at private colleges

PRIVATE COLLEGES AWARD 3X LARGER GRANTS

$4,765

awarded on average per student

at public universities

LIBERAL ARTS STUDENTS ARE ENGAGED CITIZENS

77% of 18-24 year-old private

college students are

registered to vote 53% of 18-24 year-olds who do

not attend private colleges are registered to vote

PRIVATE COLLEGES AWARD 2X MORE GRANTS

80% of students at private

colleges receive grants 40% of students at public

universities receive grants

Megan Anthony is a sophomore

Finance & Management major

at Avila University She is a first-generation student from Miami, Florida In high school, Megan was

on the honor roll, and received

a Certificate of Appreciation At Avila, she is a member of the Women’s Track & Field Team, DECA, Multicultural Club, BSU, and is named on the Dean’s List “Eventually, I will hope to further my education and earn

my master’s degree in Finance and work my way up to being in a finance department for a big-time company.”

Elizabeth Gregg is a junior at

Rockhurst University majoring

in Elementary Education At Rockhurst, she is an Orientation Leader, PEERS President, and

a member of the Women’s Lacrosse Team and Theta

Pi Alpha “I plan to teach in

an elementary school when

I graduate I look forward to molding young lives.”

Grace McIntosh is a freshman majoring

in Marine Biology at Central Methodist University In high school, she was in the top 10% of her graduating class At Central Methodist, Grace is on the Eagle Envy Dance Team and Women’s Reserve Soccer Team She

is also a member of the Marine Biology Club and Beta Beta Beta “After graduating from CMU I plan to take any and every opportunity opened up to me.”

Profile of the Missouri Colleges Fund, Inc.

Mission

The Mission of the Missouri Colleges Fund is to acquire

resources to help educate students in member

independent/private, four year, liberal-arts colleges and

universities

History and Purpose

The Missouri Colleges Fund (MCF) was incorporated in

1952 as a partnership of private enterprise, entrepreneurs

and the member independent colleges and universities

in the Show-Me State For 66 years, MCF has been

a leader in building communications among its

member institutions and partners with businesses and

foundations that mobilize collaboration and financial

support It enables these institutions to accomplish

more through this joint effort than they might acting

individually

Gifts Go Directly to Support Students

All unrestricted support the member institutions receive

from the MCF is used for need-based financial aid for

qualified students unless otherwise directed by the

donor Recipients of these scholarships are selected by

the member colleges, not by the Fund

Membership

The member schools are independent baccalaureate

degree-granting liberal arts and comprehensive colleges

and universities in the State of Missouri, accredited by

the Higher Learning Commission of the North Central

Association of Colleges and Schools

Distribution of Funds

Undesignated funds are distributed equally to member

institutions The MCF accepts contributions designated

for one or more institutions and distributes gifts in

accordance with the donor’s wishes

Legal and Tax Status

The MCF was formed in 1952 as a non-profit corporation

The fund is classified as a public charity under section

509(a) (2) of the Internal Revenue Code and is a 501(c) (3)

tax-exempt organization All contributions to the fund

are tax-deductible up to the limits prescribed by the law

Our Federal ID Number is 43-0680952

Solicitors

Business members of the Board, college presidents and

chief development officers make solicitation calls on

behalf of the MCF without compensation from the Fund

Diversity Statement

The MCF is committed to a policy of non-discrimination and equal opportunity in hiring and in administration

of all its programs The fund does not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, disability or on any other basis that would be in violation of any applicable federal or state law

Operating Budget

The Board of Directors approves a budget which is underwritten by equal assessments paid by each

member institutions Gifts to the fund are not used for

the administration of the fund

Annual Audit

Our fiscal year is January 1 through December 31 The financial records are audited annually by Graves and Associates, CPA’s, of Jefferson City

National Affiliation

The MCF is affiliated with the Council of Independent

Colleges which is a national partner in a network of

member state and regional associations that represent more than 650 private colleges and universities

Chelsea Canania

attends Missouri Baptist University and

is a senior Elementary Education major from Imperial, Missouri She

is a member of the Women’s Basketball team, Kappa Delta Pi Honor Society, and a participant in MBU’s Year-long Experience for Spartan Students (an education internship offering intensive field-based experience) Chelsea has received the President’s Citation for maintaining at or above a 4.0 GPA for freshman, sophomore, and junior years of college, and is a Scholar All-American for basketball

“After graduation, I plan to get a job at a local elementary school teaching younger students I also plan to go back

to school for my Masters in Education I am very excited for what my future holds.”

2015 Annual Report • 5

GIVING OPPORTUNITIES

Unrestricted Gifts

Unrestricted gifts have played an essential role for our

colleges and universities since the founding of the

Missouri Colleges Fund in 1952 These important gifts

have a profound impact on the ability of our institutions

to meet their changing needs

All undesignated funds are used by member colleges

and universities to provide need-based financial aid for

students

Teachers First Scholars Program

For the past nineteen years, many school districts in

Missouri have been faced with a critical teacher shortage

due primarily to record retirements of experienced

teachers The independent member colleges of the

Missouri Colleges Fund are excelling in their efforts to

respond by graduating properly certified teachers ready

to take their place in the elementary and secondary

schools in Missouri

Since 1998, the TEACHERS FIRST Scholars Program has

raised more than $5.8 million for need-based financial

aid to outstanding students who are returning to the

classroom to teach in areas of child and family education,

special education, elementary, middle school and

secondary education

STEM Scholars Program

Studies reveal that most eighth and tenth-grade students

in Missouri score lower than proficient in math and science

The goal of the Missouri Math and Science Scholars Coalition is to make Missouri a national leader in math, engineering, technology and science education Since World War II, math, science and technology have been responsible for more than half of America’s economic growth

The STEM Scholars Program raises financial aid to underwrite math, technology, engineering and science scholarships at our member institutions

First Opportunity Scholars Program

During the next several decades, the United States will experience a major demographic shift affecting college enrollments and corporate employment By 2050, the population will reach nearly 400 million people, with new immigrants and their children accounting for approximately 80 percent of that growth

As the nation’s demographics change, there will be

a significant and increasing number of low-income, first generation, minority and new American students enrolling in college and preparing for the work force The First Opportunity Scholars Program aims to foster increased college access and financial aid for these students

2018 Annual Report • 5

Breanna Dworak is a

sophomore at Park University majoring in Psychology and Spanish She is a first generation student Breanna hopes to be the first doctor in her family “My dream is to become a Child Psychologist

I chose to major in both Psychology and Spanish

in order to reach as many children as I can, without a language barrier holding me back.”

Edward Salazar is

a senior Biomedical Science major at Maryville University

He is a recipient of the Transfer Mouton Scholarship, selected

as a research assistant and is named on the Dean’s List Edward is active on campus as a biology lab assistant and student lab manager “After graduation I hope to

secure a one year internship with Mercy Hospital in Clinical

Lab Science and then work in a clinical unit for Oncology

and Hemotology.”

2018 Corporate Partners

63 Years

36 Years

29 Years

53 Years

7 Years

MASSMAN

CONSTRUCTION CO.

60 Years

S TIFEL FIRM OF CHOICE.

ADVISOR OF CHOICE.

INVESTMENT OF CHOICE

22 Years

46 Years

26 Years

13 Years

44 Years

Foundation

44 Years

sophomore attending Cottey College majoring

in Biology Sara is named

on the President’s List She

is a member of Phi Theta Kappa, and Alpha Mu Gamma “While attending Cottey, I have had the opportunity to connect two

of my passions: Women’s Health and Biology These experiences are helping me to get closer to my goal of becoming an OB/GYN.”

1 Year

2018 Annual Report • 7

11 Years

THE BICKNELL FAMILY

11 Years

61 Years

64 Years

45 Years

30 Years

52 Years

23 Years

52 Years

54 Years

formerly The Laclede Group

44 Years

15 Years

53 Years

Michael Medina is a student

at Fontbonne University

in St Louis, Missouri, majoring in Biology During his time at Fontbonne, Michael has participated

in research projects and interned at the Institute for Conservation Medicine

at the St Louis Zoo He

is a member of Tri Beta (Biology Honors Society) and has been named several times to the Dean’s List for

academic achievement “After graduating, I plan to pursue a

Master’s Degree in Environmental Science toward a career in

protecting and preserving the environment.”

Mike Backer presents 30 year donor plaque to Ken Theroff, President, Jefferson Bank of Missouri Ken is an alumnus of Westminster College and serves as Missouri Colleges Fund board chair

Darren Hayes is a junior from Quincy, Illinois

attending Columbia College studying Computer Science Darren is an active member of Phi Theta Kappa Honor Society, and was on the MACC President’s List (four consecutive semester), Columbia College Dean’s List, and received the Academic Excellence Award in Computer Science and Mathematics He currently owns his own tech company, The Turning Gear, based out

of Columbia, Missouri “After completing my undergraduate program I will be looking for opportunities that will allow me to continue to grow The Turning Gear while completing graduate school.”

Kaelyn Denham attends Hannibal

LaGrange University majoring in

Middle School Math Education Her

hometown is Mexico, Missouri Kaelyn

was Valedictorian of her graduating

high school class, and was awarded

the Hannibal-LaGrange Trustee’s

Scholarship At Hannibal-LaGrange, she

is active on the Women’s Soccer Team,

a member of the Sensus Plenior Honors

Program and Student Missouri State

Teachers Association “I plan to teach at

a middle school in Mid-Missouri during

the normal school year, and use my

degree overseas during the summer I am

excited to teach students from diverse

backgrounds.”

Hannah Macon is a senior Sociology

major minoring in English at Westminster

College In high school she was the Senior

Homecoming Queen, Basketball Captain,

and Pride Award recipient Hannah is very

active on campus at Westminster She

is a member of the Women’s Basketball

team, Student Foundations, BSU, and a

WSM Mentor, and was also the Senior

Homecoming Queen “I plan and will

attain a Master’s in Social Work to

become a Social Worker with a minority

school district I also plan to publish a

motivational read/poetic book.”

Micah Williams attends William Jewell College

She is a junior Biology major from St Louis, Missouri She was a member of the National Honors Society, National Society of High School Scholars, and Young Scientist Mentor Program while in high school She received the Outstanding Sophomore Biology Award, and

is a member of the Black Student Association and Operation Breakthrough at William Jewell

“After graduation, I plan to pursue my doctorate degree in either Cellular and Molecular Biology Research or in Cancer Research ”

American Pulverizer Company 54

Black and Veatch _ 54

Blue Ridge Bank and Trust Company _ 51

Central Bank 60

Central Bank of Sedalia 54

Charles H Taylor Memorial Trust 62

Commerce Bank _ 63

Commercial Trust Company 51

Country Club Bank _ 50

Echo Valley Foundation _ 58

Edison Family Foundation _ 62

Elliot Management Services 51

Emerson _ 61

First Federal Bank, F.S B _ 58

Fischer-Bauer-Knirps Foundation 66

Ford Motor Company Fund 52

Gallagher Consultants, LLC 51

George K Baum Foundation _ 54

George Von Hoffman Foundation _ 62

GlaxoSmithKline _ 59

Harry Cooper Supply Company _ 53

Hawthorn Bank _ 55

Henry Wurst Inc _ 56

Hermann Oak Leather Company 51

Hillyard, Inc _ 61

J C Nichols Company Charitable Trust _ 60 Kansas City Life Insurance Company _ 58 Kansas City Star 62 Loy-Lange Box Company 54 Maritz, Inc _ 53 Massman Foundation _ 60 Medart, Inc _ 55 Norfolk Southern Foundation 61 Orscheln Industries Foundation Inc _ 56 P-1 Group, Inc _ 55 Park Foundation _ 57 Parmelee Foundation _ 57 Peterson Manufacturing Company 58 Reliable Life Insurance 50 Schnuck Markets, Inc _ 50 Skyline Investments Co LLC 52

St Louis Post Dispatch Charitable Giving _ 53 Stupp Bros Bridge & Iron Co Foundation 63 Tension Envelope Foundation 61 The Pott Foundation 61 Tnemec Company Inc 54 Paul Uhlmann, Jr Fund &

Elizabeth and Paul Uhlmann III _ 54 UMB Financial Corporation _ 52

50 Years And Counting

This past year several companies joined a growing list of donors who have

supported independent higher education in Missouri for more than 50 years:

“An educated population makes a better state, nation and world Missouri Colleges Fund contributes to that end.”

• Mr R Philip Bixby, President, CEO and Chairman of the Board, Kansas City Life Insurance Company

2018 Annual Report • 9

Avante Ford is a sophomore

from St Louis, Missouri attending Lindenwood University He is Biology major While in high school, Avante achieved 100 hours

of community service with a summer camp called ASAP He assisted students with classwork, lead small groups, and helped supervise children on outing events “My goal after graduation

is to use the connections I’ve made in school to open doors for

different opportunities in my future that involve leadership.”

Michelle Chen attends Southwest

Baptist University She is a sophomore majoring in Computer Science and Mathematics Michele was a valedictorian candidate of her high school class, a member of the District/State Ensemble, was on the Chancellor’s List, and received the Perfect Attendance Award At SBU, she is an active member of Phi Beta Lamda, Delta Mu Delta, and Enactus “I plan to attend graduate school and then enter the industry and hopefully work on important, large-scale projects.”

LEADERSHIP GIFTS

DONOR OF THE YEAR-

$54,000

United Parcel Service Foundation

FOUNDER’S CLUB

$25,000 TO $49,999

Edward Jones

Monsanto Fund

CHAIRMAN’S CLUB

$10,000 TO $24,999

Burlington Northern Santa Fe

Foundation

Commerce Bank

EMERSON

Express Scripts Foundation

George H Riedel Private

Foundation

Harry Cooper Supply Company

MFA Foundation

Mr and Mrs Jim and Helen Adams

Reinsurance Group of America, Inc

The Pott Foundation Wells Fargo Advisors, LLC

PRESIDENT’S CLUB

$5,000 TO $9,999

Ash Grove Charitable Foundation*

Black & Veatch Fresh Ideas Food Service Management, LLC

Ford Motor Company Fund HBE Corporation

Massman Foundation Novus International, Inc

St Louis Post Dispatch Charitable Giving

Stifel, Nicolaus & Company, Inc

Stupp Bros Bridge & Iron Co

Foundation The Bicknell Family Foundation United Fire Group

US Bank Foundation Waddell & Reed Financial Inc.

PARTNER’S CLUB

$2,500 TO $4,999

E Reuben & Gladys Flora Grant Trust

Energy Solutions Professionals, LLC Great Southern Bank, FSB J.B Reynolds Foundation Kansas City Life Insurance Company

Martiz Inc

Medart, Inc.

Mr & Mrs Mike Backer Olin Corporation Charitable Trust Parmelee Foundation, Inc

Peterson Manufacturing Company

Salvajor Company Sherwood Community Bank

TD Ameritrade Tnemec Company, Inc.

UMB Financial Corporation

Statement of Participating Fund Support

Revenue and Distribution for January 1 to December 31, 2018

Support – Contributions $441,765 Revenue – Interest and Dividends $2,251 Total Support and Revenues $444,016 Distribution to Colleges and Universities $444,016

Includes: • Avila University, Kansas City • Central Methodist University, Fayette • Columbia College, Columbia

• Cottey College, Nevada • Culver-Stockton College, Canton • Drury University, Springfield

• Evangel University, Springfield • Fontbonne University, St Louis • Hannibal-LaGrange University, Hannibal

• Lindenwood University, St Charles • Maryville University, St Louis • Missouri Baptist University, St Louis

• Park University, Parkville • Rockhurst University, Kansas City • Southwest Baptist University, Bolivar

• Westminster College, Fulton • William Jewell College, Liberty • William Woods University, Fulton.

Total Gifts Prior to 2018 $31,690,249

2018 Distribution to Colleges and Universities $444,016

2018 Gifts-in-kind of Goods & Services .$1,000 Total Gifts to Date .$32,134,265 Endowment and Securities Values as of December 31, 2018 $87,195

Honor Roll of Contributors