About the Foundation
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 – Friday: 8 a.m. to 4 p.m.
Staff
Rena Thoele
Executive Director
ext. 5647
rena.thoele@swic.edu
Angie McVey
Foundation Support Specialist
ext. 5663
angela.mcvey@swic.edu
Sandy Joyce
Scholarship Assistant
ext. 5518
sandy.joyce@swic.edu
Board of Directors
Board Members
Norma Bellcoff
Barbara Cempura
Jeanne Dalman
Matthew Gomric – Finance Committee Chair
Sam Hanger – Finance Committee Vice Chair
Stan Hatfield
Sue Hoffmann – Board Vice Chair
Dr. Elizabeth Johns
Thomas Mulherin
Bob Novack
Ex-Officio Members
Nick Mance
College President
Nick Raftopoulos
Chair – Board of Trustees
Bernie Ysursa
Chief Administrative Services Officer
Margot Middleton-Holt
Foundation Treasurer
Legal and Tax Information
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 |