Kansas City Kansas Community College Endowment Fund
7250 State Avenue
Kansas City KS 66112
Web and Phone Contact
Telephone (913) 288-7675
Mission Statement

The mission of the Kansas City Kansas Community College Foundation is to solicit, receive, invest, manage and award monies toward achieving the goals of the students and Kansas City Kansas Community College and developing alumni support.

 

Leadership
CEO/Executive Director Mr. Lacy Ward Jr.
Board Chair Mr. Robert Davis
Board Chair Company Affiliation Thatcher Funeral Home
History and Background
Year of Incorporation 1984
Former Names
Kansas City Kansas Community College Endowment Association
Financial Summary
Revenue Expense Area Graph

Comparing revenue to expenses shows how the organizations finances fluctuate over time.

Source: IRS Form 990

 Breakdown
Net Gain/Loss:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.
Statements
Mission Statement

The mission of the Kansas City Kansas Community College Foundation is to solicit, receive, invest, manage and award monies toward achieving the goals of the students and Kansas City Kansas Community College and developing alumni support.

 

Background Statement


Impact Statement

Accomplishments (2015-2016):

  • Scholarships: the Foundation awarded $250,000 in scholarship aid to 123 students during the 2015-2016 academic year.
  • 4.0 Gala: in October 2015, the Foundation hosted the 4.0 Gala, a scholarship fundraising event which netted $60,000.
  • Foundation Director Hired: in April 2016, the Foundation hired Lacy Ward, Jr. as executive director. Ward comes to the position with a background that includes development experience in higher education, the arts and humanities, and social services.
  • Mid-America Education Hall of Fame Induction: in April 2016, the Foundation hosted its Twenty-First Annual Mid-America Education Hall of Fame Induction. Begun in 1996, the Hall of Fame recognizes the accomplishments of Mid-America’s leaders in education.

 

Goals (2016-2017):
 

  • Board Growth: the Foundation seeks to expand its board ranks by recruiting four (4) to seven (7) Members at Large (i.e. community) to the Board of Directors.
  • Development Assessment: the expanded Board will form the Foundation’s case for support by assessing the Foundation’s preparedness for development activities in support of Kansas City Kansas Community College in the areas of student scholarships, capital improvements, and program support.
  • Capacity Building: informed by the development assessment, the Foundation will form a strategy for building donor relations capacity in the areas of stewardship, acknowledgement, recognition, and engagement.
  • Scholarships: the Foundation will increase endowed and direct scholarship support.

Needs Statement

  • Board Growth: nominations are desired for potential board members.
  • Development Assessment: $25,000. To engage a consulting firm to complete a development assessment of the Foundation’s development history, current condition, and desired course for improvement.
  • Capacity Building: $25,000. To support acquisition of software systems and hardware to support development activities, as well as, to support ongoing development consulting during the process of capacity building.
  • Scholarships: $10,000 minimum for endowed scholarships. No minimum for direct scholarships or contributions to the general scholarship endowed fund.

Service Categories
Two-Year Colleges
Areas of Service
KS - Wyandotte County
KS - Johnson County
KS - Wyandotte County Urban Core
MO - Jackson County
MO - Jackson County Urban Core
KS - Leavenworth County
CEO/Executive Director/Board Chair Statement

The Kansas City Kansas Community College Foundation is a 501 (c) (3) non-profit organization established in 1984. The Foundation is affiliated with Kansas City Kansas Community College. This is a rebuilding year for the Foundation as it seeks to expand its Member at Large (i.e. community) board of directors’ contingent from its current two (2); to six (6) to nine (9) members.

Programs
Description

Endowed scholarships are placed in trust by the Foundation or the donor and provide a perpetual stream of financial support from the return on dollars invested. The donor may designate criteria for scholarship awards. Direct scholarships are expended normally in zero to three years. The donor may designate criteria for scholarship awards.



 
Category Education, General/Other Postsecondary Education
Population Served General/Unspecified, ,
Short-Term Success The Foundation awarded $250,000 in scholarship aid in 2015-2016.
Long-Term Success Students will be financially supported in their pursuit of higher education.
Program Success Monitored By Success is monitored by total dollars awarded and total students assisted.
Examples of Program Success The average student award in 2015-2016 was slightly more than $2,000.
Executive Director/CEO
Executive Director Mr. Lacy Ward Jr.
Term Start Apr 2016
Experience

  • Lacy Ward Jr. brings 30 years of non-profit, higher education, government, and military leadership experience to the position of Foundation Director. He is adept at forming/reforming institutions and taking them to the next level.
  • At the Kansas City Kansas Community College Foundation, he is working with campus and community leaders to more fully integrate the Foundation into the College’s day-to-day operations and strategic planning. This integration will yield greater strategic investment in the College’s future.
  • Ward’s experience in higher education extends from the classroom to the boardroom having served as an adjunct professor, senior administrator, and trustee.
  • A lover of history, Ward was appointed by President George W. Bush to serve on the National Brown v. Board of Education 50th Anniversary Commission. He was also invited by President Barack Obama to join him in a White House signing ceremony for the establishment of the Fort Monroe National Monument.
  • Ward earned his Bachelor of Science Degree in Geology with a minor in Physics from Virginia State University, and his Master of Public Administration from Virginia Tech.

Co-CEO/Executive Director
Term Start
Compensation Last Year
Staff
Paid Full-Time Staff 2
Paid Part-Time Staff 0
Volunteers 3
Paid Contractors 1
Retention Rate 0%
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation N/A
Senior Management Formal Evaluation Frequency N/A
Non-Management Formal Evaluation Yes
Non-Management Formal Evaluation Frequency Annually
Plans & Policies
Organization Has a Fundraising Plan Under Development
Organization Has a Strategic Plan Under Development
Management Succession Plan No
Organization Policy and Procedures Under Development
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Government Licenses
Is your organization licensed by the government? No
Board Chair
Board Chair Mr. Robert Davis
Company Affiliation Thatcher Funeral Home
Term May 2016 to June 2017
Email rdavis@thatcherfuneralhome.com
Board Members
NameAffiliation
Mr. Robert Davis Thatcher Funeral Home
Dr. Doris Givens Kansas City Kansas Community College
Mr. John Rios KCKCC Board of Trustees
Mr. Charles Vogt Country Club Bank
Mr. Lacy Ward Jr.KCKCC Foundation
Board Demographics - Ethnicity
African American/Black 3
Asian American/Pacific Islander 0
Caucasian 1
Hispanic/Latino 1
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 4
Female 1
Unspecified 0
Governance
Board Term Lengths 4
Board Term Limits 2
Board Meeting Attendance % 100%
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100%
Percentage Making In-Kind Contributions 100%
Constituency Includes Client Representation No
Number of Full Board Meetings Annually 4
Financials
Fiscal Year Start July 01, 2016
Fiscal Year End June 30, 2017
Projected Revenue $400,000
Projected Expenses $350,000
Endowment Value $4,370,000
Spending Policy Income plus capital appreciation
Audit Documents
2015 Audit
2014 Audit
2013 Audit
2012 Audit
2011 Audit
2010 Audit
2009 Audit
IRS Letter of Exemption
Foundation Comments
  • FYE 6/30/2015, 2014: Financial data reported using the IRS Form 990.
  • FYE 6/30/2013: Financial data reported using the organization's audited financial statements. 
  • Foundation/corporate revenue line items may include contributions from individuals.
Detailed Financials
 
Expense Allocation
Fiscal Year201520142013
Program Expense$507,176$487,047$269,640
Administration Expense$35,420$44,970$86,629
Fundraising Expense$0$5,771$25,887
Payments to Affiliates------
Total Revenue/Total Expenses0.980.620.72
Program Expense/Total Expenses93%91%71%
Fundraising Expense/Contributed Revenue0%2%9%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$707,794$703,945$970,862
Current Assets$294,111$328,501$628,467
Long-Term Liabilities$49,905$29,987$112,127
Current Liabilities$6,711$1,658$1,817
Total Net Assets$651,178$672,300$856,918
Short-Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities43.83198.13345.88
Long-Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets7%4%12%
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountAnonymous $40,000 -- --
Second Highest Funding Source & Dollar AmountAnonymous $30,000 -- --
Third Highest Funding Source & Dollar AmountAnonymous $26,300 -- --
Capital Campaign
Currently in a Capital Campaign? Anticipated In 3 Years
Capital Campaign Anticipated in Next 5 Years Yes
Organization Name Kansas City Kansas Community College Endowment Fund
Address 7250 State Avenue
Kansas City, KS 66112
Primary Phone (913) 288-7675
Contact Email foundation@kckcc.edu
CEO/Executive Director Mr. Lacy Ward Jr.
Board Chair Mr. Robert Davis
Board Chair Company Affiliation Thatcher Funeral Home
Year of Incorporation 1984
Former Names
Kansas City Kansas Community College Endowment Association