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Untitled - AKA EAF PDF

28 Pages·2017·4.5 MB·English
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Our Mission The mission of the Alpha Kappa Alpha Educational Advancement Foundation, Inc®. is to promote lifelong learning. This is accomplished by securing charitable contributions, gifts and endowed funds to award scholarships, fellowships and grants. Dear Educational Advancement Foundations Members and Supporters, As a Foundation committed to promote lifelong learning, we have much to celebrate as we close our 4th year of Launching New Dimensions of Educational Excellence®! I am personally very proud of the strong support of our dedicated members, community advocates and sponsors in advancing the mission of the Educational Advancement Foundation®. I am delighted to report that 2017 concluded a year of continued growth as EAF® achieved targeted goals established over the past 4 years. Each year we have challenged ourselves to 1) Grow the assets of the Foundation, 2) Increase the number of Corporate and Private Donors to the Foundation, 3) Grow the Capitalized Endowment portfolio and 4) Increase the number and amount of Scholarships Awarded. Thanks to each of you – the Educational Advancement Foundation has experienced a 47% increase in net assets and a 55% growth in revenues. During this time we have been able to strengthen our platform and widen our impact. Over $600,000 in scholarship and community assistance grants were awarded during 2017 to 320 students and 7 community organizations. This brings our historical total to over $5 million awarded since our founding in 1980. EAF’s impact is also measured by the number of fully capitalized endowments managed by the Foundation. The endowment program encourages and supports leaving a lasting legacy with which to award scholarships in perpetuity. These legacy endowments are the roots which will fuel the EAF mission well into the future. Our total number of managed endowments were 342 with the number of endowments which consistently provide financial assistance to college students reaching 222, which was a 9% increase over the 203 in 2016. Over the past four years, the number of capitalized endowments increased from 160 to 222. Our foundation also saw a significant increase in membership engagement. We ended 2017 with a membership base of over 72,500 members which was an 8.3% increase over 2016. Chapters within Alpha Kappa Alpha Sorority, Inc.® continued to strongly support EAF contributing over $367,000 during 2017, compared to $300,000 the prior year. We have been driven to diligent stewardship of Foundation resources, enhancing member and donor engagement through new endowment initiatives, and sustaining impactful philanthropy to those pursuing higher educational goals. On behalf of the Board of Directors and staff of the Educational Advancement Foundation®, we offer our deepest gratitude for your continued outstanding support as we continue Launching New Dimensions of Educational Excellence. Dorothy Buckhanan Wilson, President Alpha Kappa Alpha Educational Advancement Foundation, Inc. Endowment Programs The EAF® offers members, organizations and corporations an excellent opportunity to leave a lasting legacy through our Endowment Program. Endowments are contributions of $20,000 or more placed into a restricted fund, administered by EAF, and used solely for scholarship awards. Only the interest and dividends are used for awards — the principal is never touched — to provide a continuous source of scholarship funds over the years. Endowment funds may be established to honor the memory a loved one or friend … to support a personal commitment … to support a specific profession … and other criteria the donor chooses. Through the specific guidelines established for awarding scholarship funds, donors can reaffirm their own personal commitments to lifelong learning. 2017 Capitalized Endowments Doris S. Parker Endowment Fund Dorothy Buckhanan Wilson Endowment for Careers in Business Adrienne Pope-Kelly Washington Endowment Fund Dorothy M. Hackney Endowed Fund Alabama HBCU Scholarship Fund Dorothy Reid Arnold Scholarship Fund Alberta G. Jones Endowment Fund Dorothy S. Johnson Endowment Fund Alice Boyd Burton Alpha Rho Omega Merit Scholarship Fund Dr. Mabel Bentley Perry & Dr. Claude Albert Perry Sr. Endowed Alice S. Marriott Scholarship Fund Education Scholarship Alice Thomas Motts Trust Scholarship Fund Dr. Rodelia A. Glasco Endowed Fund Alpha Kappa Alpha Founders Fund Dr. Shirley A. Jackson Scholarship Fund Alpha Kappa Alpha Incorporators Fund E. Alma Flagg-Caroline Williams Endowed Fund Alpha Lambda Omega Endowment Fund Edna Smoot Griffin Scholarship Alpha Pi Wolfe Sisters: Nellie Gaylord, Ida Ross, Marjorie L. Ushery Ella Springs Jones EAF Scholarship Fund Ann Colbert Battles Endowment Fund The ELO Foundation Scholarship Fund Ann Elizabeth Laury Jones Scholarship Fund Elsie Lavonne Lewis Scholarship Fund Anne Mitchem Davis Endowment Fund Epsilon Nu Omega Endowment Fund The Barbara Denson Trotter Endowment Erma W. Barron Endowment Fund Barbara K. Phillips Endowment Fund Ernestine B. Bivens and Dr. Mabel B. Perry Endowed Fund Barbara W. Davis Endowed Fund Ethel Hedgemon Lyle Leadership Fund Barbara A. McKinzie/Naomi Moses Scholarship Fund Ethel Jones Mowbray Endowed Fund Bernice Gordon Greene Educational Leadership Endowment Fund Eta Upsilon Omega Endowed Scholarship Fund Bernice I. Sumlin EAF Scholarship Fund Evelyn Sample-Oates H.O.P.E Scholarship Fund Beta Epsilon Omega Scholarship Fund Faye B. Bryant Excellence Scholarship Fund Beta Kappa Omega Endowment Fund Felicia Marianne Wright Endowed Scholarship Fund C. Connor and O. Brown Endowment Fund Flossie M. Dedmond Educational Fund Dr. C. Edith Booker Endowed Scholarship Fund Frankie E. Ledbetter Scholarship Fund Capturing The Promise Dr. Franzella W. Buchanan Scholarship Fund Capture the Promise Fellowship Freddie Groomes-McLendon Scholarship Carmelita Caruth Smith Post Graduate Endowment For Women Frederica Wilson Endowed Fund Carmen E. Fowler Fair Scholarship Fund Gamma Omega/Alberta Gantt/Mattie Harvey Scholarship Carol R. and Otwa L. Dixon Scholarship Fund Gamma Rho Omega Chapter Scholarship Carolyn House Stewart Endowment Fund Sorors of Gamma Theta Omega Chapter Scholarship Fund Caroline L. Lattimore Endowment Fund Georgia Gross Kirby Memorial Scholarship Fund Central Beard Haley King Endowment Fund Giselé M. Casanova Endowment Fund Charlene Truitt Nelson Endowed Scholarship Fund Dr. Glenda Baskin Glover Endowment Fund Chelle Luper Wilson Endowment Fund Gloria Harper Dickinson International Travel Endowment Chi Alpha Omega Endowment Fund Grace Strauther Endowment Fund Clara McCrae Hines Scholarship Fund Green-Alpha Beta-Communications Fund Claronelle Smith Griffin Endowment Fund Gwendolyn & Schylbea J. Hopkins Endowment Fund Claudia Silas Scholarship Fund Gwendolyn Gaston Brinkley Scholarship Fund Constance K. Holland Endowment Fund Gwendolyn Gilbert Shorter EAF Scholarship Cynthia Duke Cox Hudley Endowment Fund Gwendolyn J. Brinkley Endowment Fund Cynthia J. Thomas Finch Endowment Fund Harriet Josephine Terry Scholarship Dansby Family Scholarship Fund Hattie B. Wills Endowed Scholarship Fund Dr. Christina R. Brown/Dr. Marva Mizell Price/Dr. LeShawndra N. Price Helen Cromer Cooper Endowment Fund Endowed Legacy Scholarship Hilda Wilder Scholarship Fund Anonymous Scholarship Fund Ida L. Jackson Scholarship Fund Deborah C. and Lindsey E. Brittain Endowment Fund Ida K. Martin Endowed Scholarship Fund Delta Epsilon Omega Chapter Endowed Fund Idell S. Pugh Endowment Fund Delta Phi Omega Bea Bailey Scholarship Fund Imani Pearls Community Development Foundation Scholarship Delta Tau Omega-Dorothy Kennedy and L. Margaret Groves Keepers Irene Westbrooks McCollom Endowment Fund of the Dream Scholarship Fund Iota Zeta Omega Scholarship Denise Foster-Williams Fund J. Marjory Jackson Performing Arts Scholarship Deralyn Riles Davis Endowment Fund Jacqueline O. Dansby Endowment Fund Diana G. Shipley Endowment Fund Jacqueline & Philip Kane Endowed Fund Doris (Dee) Kemp Endowed Scholarship Fund Jameseva Marshall Webb Endowment Fund Doris R. Asbury Endowment Fund Janet Jones Ballard Endowed Fund Jenell Ross Entrepreneurial Fund Pearl L. Harrison Fine Arts Endowed Funds Jessie Reasor Zander Endowment Fund Peggy Lewis LeCompte Endowment Fund Jo Celeste Pettway Endowment Fund Phi Kappa Omega Chapter EAF Scholarship Fund John and Bella Russell Honorarium Endowment Phi Phi Omega Scholarship Johnella H. Martin Educational Endowment Fund Pi Alpha Omega Chapter EAF Endowed Scholarship Fund Jones/Holloway/Rigsby Endowment Fund Dr. Polly Sparks Turner Health Professions Endowment Fund Joy Elaine Daley Endowment Fund Rachel Ashburn Mallory Undergraduate Leadership Development Joyce Henderson Endowment Fund Scholarship Fund Joyce V. Austin Scholarship Fund Rho Pi Omega Sisterhood of Service Endowment Fund Juanita Sims Doty Endowed Fund Rho Zeta Omega Chapter Endowed Fund Kathleen Hill Dyer Fellowship Fund Rita White Roberts Scholarship Fund Kappa Omega Endowment Fund Rose Butler Brown Endowed Fund Katina Semien Political Science & Pre-Law Scholarship Ruby Batts Archie Endowment Fund Kathy Walker Steele Endowment Fund Ruth Coleman Endowed Scholarship Lambda Alpha Omega Endowed Fund Ruth C. Easley Gerontology Scholarship Fund Larry & Carolyn Suarez Fund for Business and Entrepreneurship Sadie Sermon Mickle Larzette G. Hale Wilson/Eva L. Evans Endowment Fund Hortense Caldwell-Harvey Endowment Scholarship Fund LaVern S. Tarkington Endowment Fund Sarah R. Simmons EAF Endowment in Memory of Jayne Doctor Laverna Williams Johnson Endowed Scholarship Fund Dr. Savanah C. Jones Scholarship Endowment Fund Legacy of Pearls Endowment Fund Sharon Brown Harriott Community College Access & Equity Lehia Anderson Bradby Memorial Endowment Fund Endowment Linda Henry Gilliam Endowment Fund Shirley R. Fisher Endowment Fund Linda Marie White Endowed Scholarship Fund Sigma Lambda Omega Endowed Scholarship Fund Lorraine R. Green Endowed Fund Solomon White Beta Alpha Leadership Fund Lucille Ellis Floyd and Zeta Xi Omega Chapter Endowed Scholarship Sorors of South Carolina Endowment Fund Fund South Atlantic Regional Conference Endowed Fund Lucille Johnson Piggott Endowed Scholarship Sonja W. Garcia / Stella J. Lett Undergraduate Leadership Lucille M. Brown Endowment Fund Endowment Lucretia Payton Stewart Endowment Fund Taahsela K. Holton Memorial Scholarship Dr. Mae C. Jemison Science & Technology Award Tari T. Bradford Endowment Fund Maggieann Whatley Green Scholarship Fund Tau Beta Omega Endowed Scholarship Fund Mamie McKnight / Ginger McKnight Chavers Graduate Scholarship The Cultured Pearls of Tau Pi Omega Marilyn Glenn Blackmon Endowment Fund Theta Mu Omega Eugenia Dean Scott Memorial Fund Marjorie H. Parker Endowment for Careers in Archives Tondalaire Deon Ray Ashford Scholarship Marjorie H. & Franka H. Young Scholarship Fund Toni S. Kendrick Educational Endowment Fund Marsha Lewis Brown Endowment Fund Undergraduate Centennial Endowment Marva J. Lee Endowment Fund Undergraduate Global Leadership Endowment Fund Mary B. Conner Educational Endowment Undergraduates Launching New Dimensions Endowment Fund Mary Shy Scott Arts Endowment Fund Upsilon Alpha Omega Chapter/Beauty P. Baldwin Endowed Mary F.Williams Teacher Education Scholarship Fund Scholarship Fund Marye Jeffries Endowment Fund Upsilon Tau Omega Scholarship Fund Mary Louise Williams Scholarship Endowment Fund Vanessa Rogers Long Endowment Fund Mattelia Grays-Julia Purnell Endowment Fund Velma Lois Jones EAF Endowment Fund M. L. Matthew Legacy Fund For Excellent Scholarly Performance Vera Forte McCain Endowed Funds Maxine L. Black Endowed Scholarship Fund Vertelle and James Middleton / Delores Ham Oliver Human Service Melanie C. Jones South Eastern Region Undergraduate Endowment Scholarship Meredith L. Henderson Endowment Fund Vicki Miles LaGrange Endowment Fund Mid-Atlantic Region Scholarship Fund Virginia F. Hightower Endowment Fund Mikayla C. Fishburne Scholarship Endowment Fund Wendye D. Mingo Information Technology Endowed Scholarship Mildred Logan Taylor Endowed Scholarship Fund Fund Monarch Awards Foundation Wilhelmina R. Delco Endowment Scholarship of Xi Nu Omega Chapter Wilma Allison Moore Endowed Scholarship Fund Mu Kappa Omega / Julia F. Thompson, Inc. Scholarship Fund William Lewis Dawson Memorial Scholarship Fund for Theta Mu Lambda Omega Endowment Fund Omicron Omega Nadine C. Bonds Endowment Fund Wilma H. Tootle Scholarship Fund Nancy Gardner Sewell Endowed Fund Women in Science, Technology, Engineering & Math (STEM) Norma S. White Music Endowment Fund Scholarship Norman Jack Hayes Scholarship Fund Xi Alpha Omega - ILECF Lasting Legacy Fund Norma Jean Tucker Endowment Fund Yvonne Perkins Endowment Fund Nu Lambda Omega Scholarship Fund Octavia Florence Michelle Legacy Fund Ootsie, Lillian Dunn Thomas Endowment Fund Pamela Bates Porch Endowed Scholarship Fund Pamela Lynne Redden, MD, Great Lakes Wellness Fund Patricia and Theresa Massey Endowment Fund Patricia Ann Dawson Lee Scholarship Fund Patricia Petty Wilson Scholarship Fund Please Consider A Legacy Gift To EAF To make a gift in your Will or Living Trust that will benefit our mission for years to come, please contact our Executive Director Erika V. Everett at 773-947-0026. Youth P.A.C. Program The “Youth Partners Accessing Capital” program, known as Youth P.A.C., involves young people in the philanthropic process. Since 1997, it has provided awards and scholarships that support the healing, nurturing, learning and uplifting of youth through development of lifelong learning skills. The program pays large dividends by DeMariah Koger Ashantia Collins Jade Clark developing trained, capable future leaders. Alabama A&M University Miami University The University of Alabama Youth P.A.C. is structured for undergraduate members of Alpha Kappa Alpha Sorority and chaired by the Foundation’s Second Vice President. Jazmine Adams Khadejah Kelly Staci Shelby Austin Peay State University Edward Waters College Louisiana State University Community Assistance Awards These awards assist individuals and organizations for specific civic, educational or human service projects. The Pink Tea Rose Foundation Los Angeles, California The Pink Tea Rose Foundation is a program that provides an annual fiscal health seminar and resource fair. This program includes a wellness component which promotes healthy living habits among youth and women of color. The objective is to equip seminar attendees with tools and resources to improve their health both mentally and physically. Original Creativity Detroit, Michigan Original Creativity brings economic and artistic investments into the community. Creating an enjoyable space for neighborhoods to experience peace and tranquility. The park will include walk paths, plants, seating areas and three art murals. This corner lot will be a place of solace for residents to retreat while promoting a sense of pride. Rewhudijm Enterprises Machakos, Kenya Rewhudijm Enterprises is a five person organization that partners within local regions. The main goal of this organization is to fight poverty by providing knowledge to people through research, field experience and community development. Projects such as chicken keeping assist hundreds of households to improve health through use of eggs. Small dams are dug as reliable sources of water for farming, their major revenue. Most residents in the region are impoverished and live on less than a dollar in a day. Rewhudijm Enterprises encourages residents to use these skills and others to free themselves from poverty. Community Assistance Awards These awards assist individuals and organizations for specific civic, educational or human service projects. I Will Listen Baltimore, Maryland I Will Listen is a week-long campus-based mental health education program. Meetings are held at 6 campuses during Mental Illness Awareness Week (October 1st-7th). Students and faculty participants are encouraged to show empathy and support individuals experiencing mental health conditions. The program’s goal is to increase mental health awareness in the African American community while providin8g/16/2017 much needdocumeent.docd (3024× 302r4)esources. Loving Hands LaGrange, Ghttpse://donatoe.akaeafr.org/gdocumenit.doac?id=32 638 1/1 Loving Hands provides alternative care for mentally and physically challenged adults. Participates receive socialization, interaction, Leadership Houston-Class XXXVI and recreation activities. Family members and Houston, Texas caregivers are allowed to handle personal The mission of 8/1L6/2e017adership Houston doicusme nt.dtoco (518 4×3e456n) lighten, concerns for a few hours, knowing their loved empower, and engage leaders in the Houston community. ones are in a safe caring environment. Loving This year Leadership Houston will send a representative Hands goal is to give individuals independence to participate in an intensive leadership development without being placed in a nursing home. experience. The ten-month journey will chronical Houston’s economy, history, and growth. Through two overnights and a monthly class, the program provides exposure to Houston’s key industries (energy, healthcare, education, and government). Leadership Houston employs a highly competitive application and nontraditional interview process each year to create classes of leaders that truly reflect the diversity of the city of Houston. Evolution Academy Education Step Forward Project Richardson, Texas Evolution Academy Education Step Forward Project provides an alternative model of education, for https://donate.akaeaf.org/document.doc?id=32811 1/1 students who do not succeed in a traditional classroom environment. Students who have dropped out of high school and need to make up credits are the target audience. Evolution Academy Education Step Forward Project assist students by preparing them for graduation, using individualized learning credit recovery and non-traditional instructional methods. Matching Gift Companies EAF is grateful to those companies and organizations with matching gift programs that help to maximize our impact. Listed below are the companies currently providing matching gifts to employee donations. Company Matching Gifts Can Double Your EAF Donation Please check with your company’s Human Resources Department to determine if this option is available, and for the required documentation. AARP Medimmune, LLC Allstate Giving Campaign Microsoft Giving Campaign American International Group, Inc. (AIG) Mondelez International Amgen Norfolk Southern Amica Mutual Insurance Co Obligo Investment Management Assurant Matching Gifts Philip Morris Companies, Inc. AstraZeneca PJM Interconnection, LLC AT&T Higher Education/Cultural Matching Gift Silicon Valley Community Foundation Program (Chevron Your Cause) Atlassian Starr Companies Boeing Company State Farm Companies Foundation BP Foundation, Inc. State Street Cengage Learning SunTrust Bank Cisco Systems The Boeing Company Clorox Company Foundation The GE Foundation CSAA Insurance Group The P & G Fund of The Greater Cincinnati Foundation Cummins Inc The Washington Post Company DaVinci Mode Designs Thomson Reuters My Community Program Discover Financial Services Truist Eli Lilly and Company Turner Broadcsting Express Scripts (Acredo) U.S. Bancorp Foundation ExxonMobil Foundation United Student Aid Funds, Inc. Gallagher Bassett Services Inc. Verizon Foundation GE Foundation Wachovia Foundation,Inc. General Electric Wells Fargo Bank GlaxoSmithKline Wrigley Company Foundation Graham Holdings Matching Gifts Program Horizon Blue Cross and Blue Shield of NJ Hubbell Incorporated IBM Corporation JP Morgan Chase Lockheed Martin Markel Corporation McDonald’s Corporation McKesson 2017 ANNUAL EAF SCHOLARSHIP AND AWARDS EVENT

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The endowment program encourages and supports leaving a lasting legacy Delta Tau Omega-Dorothy Kennedy and L. Margaret Groves Keepers . Meetings are held at 6 campuses during The ten-month journey will chronical I am pleased to present the Treasurer's Report for the Alpha Kappa.
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