About the Foundation - Southwestern Illinois College

Our Mission

The Southwestern Illinois College Foundation exists to maintain and enhance the quality of life by developing friends and funds for support of the educational cultural and service goals of Southwestern Illinois College.

The SWIC Foundation promotes excellence by securing gifts for special educational and cultural activities that are not part of the college budget.

Contact the Foundation

Southwestern Illinois College Foundation
2500 Carlyle Avenue
Belleville, Illinois 62221
Main Complex, Room 2240

Phone: 618-235-2700, ext. 5215
Toll Free: 866-942-SWIC (7942), ext. 5215

Monday – Thursday: 8 a.m. to 4:30 p.m.
Friday: 8 a.m. to 4 p.m.

Staff

Rena Thoele
Executive Director
ext. 5647
rena.thoele@swic.edu

Liz Jennings
Associate Director
ext. 5493
elizabeth.jennings@swic.edu

Angie McVey
Foundation Support Specialist
ext. 5663
angela.mcvey@swic.edu

Sandy Joyce
Scholarship Assistant
ext. 5518
sandy.joyce@swic.edu

Kim Myatt
Accountant
ext. 5731
kimberly.myatt@swic.edu

Board of Directors

Board Members

Norma Bellcoff

Mary Buettner – Board Chair

Barbara Cempura

Jeanne M. Dalman

Matthew Gomric – Finance Committee Chair

Sam Hanger – Finance Committee Vice Chair

Stan Hatfield

Sue Hoffmann – Board Vice Chair

Dr. Beth Johns

Bob Novack

Thomas Mulherin

Ex-Officio Members

Nick Mance
College President

Nick Raftopoulos
Chair – Board of Trustees

Bernie Ysursa
Chief Administrative Services Officer

Margot Middleton-Holt
Foundation Treasurer

Click HERE to view our profile on GuideStar.

Our official corporate name is Southwestern Illinois College Foundation.

This name should be used in all legal documents. Gifts to the Southwestern Illinois College Foundation qualify as charitable contributions to an IRS Section 501(C)(3) organization for federal estate and gift tax purposes.

2021 Financial Summary

 
Support and Revenues  
Gifts & Grants $           309,940.14
SAC Art Class Registrations $                      0.00
SAC Membership Income $                      0.00     
Event Sponsorships $                      0.00
   Misc. Income-Sale of Artwork $                  149.00
 Revenue from Fundraising Events $                  290.00
    Less Fundraising Expenses $              (1,555.30)
    Net Fundraising Income  $                (865.30)
   
 Investment Dividends and Interest $            201,887.81
 Net Realized Gain/(Loss) on Investments $            278,970.29
 Net Unrealized Gain/(Loss) on Investments $            720,793.33
 Rental Income $                   200.00
 Total Support & Revenues of:  $          1,511,075.27
   
 Expenses  
 Program Costs  
              Academic Program Costs  $             30,552.02
              Enhancement Grant Payments $                4,729.76
              Capital Improvements  $                      0.00
 Student Grants and Scholarships $            300,055.09
 Administrative Expenses $                3,032.13
 Investment Fiduciary Fees $              31,977.59
 Write off uncollectible gifts  $                      0.00
 Total Expenses  $          370,346.59
 Net Income/Loss  $        1,140,728.68
   
 The 12/31/20Fund Balance is represented by:  
 Cash  $            149,921.10
 Investments at Fair Market Value  $         9,160,136.63
 Art Collection $            448,848.09
 SAC Assets & Piano Net of Depreciation $                5,313.00
 Beneficial Interest in Perpetual Trust $              74,139.47
 Pledge Receivable  $                  100.00
 Prepaid Expenses  $                      0.00
 Accounts Payable $                  (150.00)
 Resulting in Total Assets on 12/31/21  $       10,953,503.02