FOUNDATION The Los Angeles Val ley Col lege

2013 ANNUAL REPORT

Construction Begins for Community Services Center

Construction began in May 2013 for the 18,000-square-foot Community Services Center (CSC). It will be the new home of the LAVC Community Services, Gymnastics Center and the Monarch Summer Camp. The building will be located on the southeastern corner of Ethel and Hatteras and adjacent to Monarch Stadium and the to-be-constructed Athletic Training Facility.

Funded by Bond measures, the CSC will be a multipurpose facility with a unique combination of instructional, activity and administrative spaces. The instructional zone will feature a dividable lecture hall, designed to accommodate a variety of Community Services programs, and a computer lab that will

be used as an Athletics Study Hall during the day and an instructional classroom at night. The activity zone includes the Gymnastics Center and two large multi-purpose rooms for various dance, martial arts, community wellness and student activities. In addition, it will feature an indoor 30-foot climbing wall. The administrative zone houses the Community Services Program office suite.

Green features include a bio-retention garden for collecting storm water run-off, natural ventilation throughout the CSC building for efficient air conditioning consumption, and natu-ral lighting for efficient energy consumption. Anticipated completion of the CSC will be Fall 2015.

Eric Bubbers & Sandra Welgreen Establish Endowment

Eric Bubbers & Sandra Welgreen have pledged to donate $10,000 to the LAVC Foundation and establish an Arts Department Endowment. Revenue from the endowment will be used to provide assis-tance for Art Department needs that include supplies, equipment and/or services. Bubbers & Welgreen have been wonderful Valley College supporters in recent years.

Bubbers has taken and enjoyed Art classes at the college. He also a member of the Foundation Board.

Martin M. Cooper Establishes Boys & Girls Club Scholarship at LAVC

Long time Valley College supporter Martin M. Cooper pledged to donate $2,000 to establish a scholarship to benefit Boys & Girls Club members of the West Valley who will be at-tending LAVC.

Cooper also recently showcased his antique typewriter collection at the LAVC Historical Museum last April and May. The opening night recep-tion drew a crowd of fifty people to listen to Cooper talk about his vin-

tage collection. In addition to his scholarship donation, Cooper also became a member of the Legacy Society.

2 G

RAD

DAY

Thank You Michael Weinper Long time member Michael Weinper (right of photo) has stepped down from the Los Angeles Valley College Foundation Board. Weinper, a proud Valley College alumnus, began with the Foundation Board in 1998. He served two terms as President from 2003 to 2006. During his tenure, he saw the Foundation’s assets go from just below $300,000 to $1 million. He also instituted the much needed investment policy to allow the Foundation to incorporate a sound endowment vehicle. In the four years he was president, the Foundation went from having two endowments to eleven. After his tenure as president, Weinper chaired the Investment Committee to monitor the Foundation’s portfolio performance. “While I depart from the Board, I will always continue to stay true to Valley College and this Foundation, and support it .”

The Very First Student Returns Lloyd S. Jones (pictured in the center) was the very first Valley College student to register and enroll in 1949 when the college opened its doors. He returned to Valley College in April of 2013 after 64 years to address the students at the Deans’ Reception.

Mr. Jones still has his Associated Student Organization card and it was in his wallet when he came to visit. He informed the students that he majored in Advertising Art and mi-nored in Spanish. He started the first Spanish Club on campus and was the photographer for the football team.

After Valley College, Mr. Jones eventually went on to become a highly respected aviation artist, well known in the airplane model industry as a researcher, author, artist and avid modeler. While working for Revell, a well-known plastic model company; he designed and developed model kits and wrote the historical accounts for instruction sheets. Mr. Jones has and continues to illustrate aviation books and magazines.

Pho

to b

y R

icar

do D

eAra

tanh

a

Saying Goodbye to Art Ginsburg Los Angeles Valley College and its Foundation lost a dear friend in alumnus Art Ginsburg, who passed away in late July. Ginsburg was a major supporter of Valley College. He sat on the Foun-dation’s Board for ten years. He was involved with student scholarships and the Ginsburg family has awarded scholarships to twenty-two LAVC students. As the owner of Art’s Deli in Studio City, he hosted a number of luncheons and meetings for the Foundation at the Deli. He often mused, “the Deli is a great place to make business deals so why not fundraising deals for the college Foundation?” Art was proud to have attended Valley College. After finishing a Business exam in 1957, he and his wife Sandy bought the Deli the following day. Even in passing, Art continues to support Valley College. His family asked that in lieu of flowers and gifts, that donations be made in his memory to the LAVC Foundation. We will miss you Art!

June 5, 2013

Legacy Society Off to Good Start!

3 Greetings from Dr. A. Susan Carleo, President of LAVC It’s time to go back to school. For educators and students alike that thought evokes a sense of anticipation and excitement. We are beginning a new teaching/learning cycle. We are full of hope about what the year will bring. For Valley College the new academic year promises another round of budget reductions and the prospect of turning away more students. Without the LAVC Founda-tion the struggle for many of our students would be even greater. The scholarships awarded on behalf of our generous donors really do make a difference. Despite our continuing hardships, 2013-2014 promises to be rewarding and productive thanks to our continuing spirit of excellence. Valley College, with the help and support of our Foundation, is here to make a lasting difference in our community.

A. Susan Carleo, Ph.D. President

This past year, the LAVC Foundation Legacy Society was established and welcomed its founding members which included Rosalyn Shostak Heyman, Joseph B. Nordmann, Sharon J. Udkoff, Martin M. Cooper, and Cindy Sardo. These members have named the LAVC Foundation in their estate plans, notified the Foundation, and filled out the Legacy Society membership form.

The Legacy Society not only enables members to leave a lasting legacy at Valley College, they are forward thinking individuals who want to make sure that LAVC and its students are supported long after they are gone.

By becoming a member of the Legacy Society, you allow the Founda-tion to thank you now and not your executor.

If you have already named or plan to name the LAVC Foundation in your will or estate plans, please contact the LAVC Foundation at (818) 947-2618. A Legacy Society Membership Form will be sent to you so you may become a member immediately!

L-R: Exec Dir. Raul Castillo, President Sue Carleo, Legacy Society Founding member Rosalyn Shostak Heyman, and Foundation President Bob Oberstein

Thrilling Book & Signing!

Dr. Laurie Nalepa and Dr. Richard Pfefferman, authors of “The Murder Mystique,” had a book signing party at the LAVC Historical Museum in April. Approximately fifty peo-ple attended the party and proceeds from book sales ben-efited the LAVC Foundation.

$157K Awarded in Scholarships The LAVC Foundation distributed $157,000 in scholarships and awards to its students in fiscal year 2013.

In the past 10 years the LAVC Foundation has awarded a total of $1.2 million in scholarships. The success of the LAVC Foun-dation Scholarship program has been due in large measure to the support received from do-nors that include alumni, corporations, and faculty and staff. A number of endowed scholarships have also been estab-lished ensuring perpetual scholarship funding.

If you wish to establish a scholarship, please call the LAVC Foundation Office at (818) 947-2618.

Your Los Angeles Valley College Foundation was active in fiscal year 2013! It received a number of major gifts from gener-ous donors. It followed through to initiate programs and work towards playing a more significant role in the life of Los Angeles Valley College.

This past year, we received a very generous donation of $150,000 from Felix and Beverly Grossman. $115,000 was used to establish the Bruce Grossman Memorial Endowment in Music to benefit the Music Department. $35,000 was used to purchase equipment and supplies for the Commercial Music Program at Valley College. The Eli & Edythe Broad Foundation donated $50,000 to the Library Endowment this past year. To date, thanks to donations and investment revenue, the Library Endowment totals $197,000. Revenue from this endowment may be use for Library needs that include equipment, supplies, or services. Last-ly, Foundation Board member Eric Bubbers and his wife Sandra Welgreen pledged to donate $10,000 over the course of three years to the Art Department Endowment; part of this will be called the Bubbers & Welgreen Endowment.

Los Angeles Universal Preschool extended its grant to the LAVC Family Resource Center’s CAST Program through 2016. The pro-gram assists Child Development majors with academic and career advisement, mentoring, professional development, networking and host of other resources.

Various Foundation endowments have been hard at work. Reve-nue from endowments have allowed the Foundation to donate $40,000 directly to LAVC towards Media Arts, Engineering, Library, and the Museum.

Lastly, the Foundation distributed $157,000 in scholarships, awards and stipends to 277 students and distributed $635,000 to various campus programs and projects.

We thank you for continuing to support our Foundation. Your gen-erosity truly plays a hand assisting Valley College and our students!

Sincerely,

Raul Castillo Executive Director Los Angeles Valley College Foundation Class of 1988

A Message from the Foundation President

4

Foundation Annual Report

I would like to thank all of you who have been so supportive of Los Angeles Valley College and our Foundation. When times were fiscally difficult, as they were last year, a number of you stepped up to the plate and offered your assistance in terms of finances and time. While the Governor’s Proposition 39 passed, I’m sure you will agree that our community colleges are not quite out of the woods.

Valley College and other community colleges continue to receive far less in state funding than the California State Universities and the Universities of California. Yet, it seems to me that community colleges like Valley have just as much impact in education and our community, if not more, than our “big brother institutions”. You have been important in addressing the needs of Valley College and our students. We are very grateful to you.

Our Foundation is going through some very positive changes. In the coming year I, along with Andrea Goldberg Kaufman and Pat Ballew, will retain our respective Foundation board positions as President, Vice President, and Secretary. Eric Bubbers becomes our new Treasurer and replaces Sharon Udkoff. Sharon, the Foundation’s Treasurer the past ten years, will continue as a board member. Thank you Sharon for your service as Treasurer! I also want to thank Michael Weinper, who has stepped down as a member of the Board after fifteen years. He was a past president during a very important transitional time for the Foundation. Michael will continue to support the Foundation because he says, “it’s a part of who I am.” Lastly, I want to convey my condolences to the Ginsburg family on the recent passing of Art Ginsburg. In some ways our board was a “work of Art” and we thank him for his astute counsel for the many years that he was a board member. Art supported Valley College in a tremendous way. He directly contributed to financially support students through scholarships. He also hosted countless numbers of luncheons and meetings at Art’s Deli – a restaurant he founded with his wife Sandy back in 1957. We will miss his humor, friendship and guidance.

As we embark on a new fiscal year, we ask you to continue to support the Foundation by donating to our annual fund or endowment. Establish a scholarship if you haven’t done so already. If you have established a scholarship, consider establishing another one! Please also consider Valley College in your estate plans. By doing so, you can become a member of our LAVC Legacy Society.

Thank you once again and “Go Monarchs!”

Sincerely,

Bob Oberstein President Los Angeles Valley College Foundation Class of 1968

Contributing to the LAVC Foundation Los Angeles Valley College friends contribute through the LAVC Foun-dation, a non-profit organization dedicated to supporting the students and campus of Los Angeles Valley College. It welcomes outright gifts of cash, securities, and properties. The LAVC Foundation is a tax-exempt 501(c)3 organization, and all contributions are tax deductible to the extent allowed by law.

FOR MORE INFORMATION ABOUT SUPPORTING THE LAVC FOUNDATION, PLEASE CONTACT: Raul Castillo, Executive Director 5800 Fulton Avenue Valley Glen, CA 91401 Phone: (818) 947-2618 Fax: (818) 947-2621 E-mail: castilrv@lavc.edu Copies of the LAVC FOUNDATION financial statements are available upon request. Visit the Foundation at www.lavcfoundation.org

5

* Data provided prior to official audit.

 $‐

 $500

 $1,000

 $1,500

 $2,000

 $2,500

 $3,000

02 03 04 05 06 07 08 09 10 11 12 13

Endowments(in Millions  000.00)

$0

$500

$1,000

$1,500

$2,000

$2,500

02 03 04 05 06 07 08 09 10 11 12 13

Revenue & Operations(in Millions  000.00)

Revenues Operations

 $‐

 $500

 $1,000

 $1,500

 $2,000

 $2,500

 $3,000

 $3,500

 $4,000

 $4,500

02 03 04 05 06 07 08 09 10 11 12 13

Assets/Liabilities(in Millions  000.00)

$100,000 + LA UP Felix & Beverly Grossman Foundation

$20,000 to $99,000 Eli & Edythe Broad Fdn. Joseph Nordmann

$10,000 to $19,999 Foundation for California Community Colleges Yosemite Community College District El Proyecto Del Barrio, Inc. Jason Beaton Community Career Development, Inc. $5,000 to $9,999 Hospitality Industry Training Pittenger Scholarship Trust L.A. Family Housing Corp Arbor Day Foundation Helen Fountaine 99¢ Only Stores Woodland Hills Camera, Inc. Contract Services Administration Trust LAVC Associated Student Union McCarthy Building Companies Neda Nobari Foundation Pankow $3,000 to $4,999 Audiences Unlimited, Inc. Eric Bubbers & Sandra Welgreen Robert Pritchard R. Brent Mead City of Burbank Joshua Miller $1,000 to $2,999 Beezley Management Adcamp Inc. Steve Lacher Weingart Foundation William J. Yang Memorial Foundation Paul Sabolic Dan Watanabe John Conover Kaiser Permanente Karen Richardson Goodwill Industries Mike's Roofing Services George Anne Wright A. Susan Carleo John Wiley & Sons Inc. James Powder David Martinyan Lila Mazo Michael Weinper

Tom Soule Western Bagel Baking Corp. William Parente $300 to $499 Music Teachers Association of California Bobbi R. McDaniel Teresa Sutcliffe Jim Fenwick Easy Education Services Betty Ballew Joanne Waddell Community College League of CA Daniel Jansenson Patty Melody Robert Fielding Lauren Okayama Global Airtech Jeanette Lopez Arthur Bekkeman Cynthia Jacobsmeyer John Breckell Yihmei Hu Lynne Brower Deanna Heikkinen Doug Marriott Deborah di Cesare Lawrence Nakamura DPS Librada Hernandez Carole Weston Roberts Tool Company, Inc. Ross Lombard Sara Bauer $100 to $299 Lorena Soriano William Wallis Marla O'Connell Jennifer Fong Sherri Rodriguez Straight A's Inc AFT College Staff Guild 1521A Cindy Sardo Gayle Arst H M Berg Leanore Motley Robert Martin Ron Rapoport SGI USA Sonia Feldman Steve Sheldon Susan Pierce Dominique L. Merrill Eloy Retamal Gary Honjio Jim Arellanes Long Beach Community College Marion Heyn

Richard Heredia SCO LLC Annie Goldman Reed La Vergne Rosow Luz Shin Joseph A. Daccurso Ellie Rabani Karen Daar Catalyst Prep Elite of Northridge Florentino Manzano Jacob Kantor James Campbell John Zounes Joshua Levenson Kristy McNichol Magna Sundstrom Philip & Hethie Parmesano Revolution Prep, LLC St. Leon Armenian Church Wendie Wilson Cheryl Glasband Frances Garcia Roxana Zamora Frances Farhood Rick Murray Ted Calderone Magdalena Lopez Rebecca Stein Joyce Romero Richard Holdredge Jose Hernandez Nathan Placencia Ruby Brougham Alberto Santillan Alex Katz Alex Kuo Andreas Mezhlumyan Anette Smith Ann Zieper Anthony J. Miller Artemio Garcia Becky Green-Marroquin Benjamin O. Pichardo Brenda Hurley Build Rehabilitation Industries Carolyn J. Rapaport Charles K. Gibson Jr Childcare Careers, LLC Chirosthesia a Way of Life Christine Barrera Christine Mardikian Christopher Russel Rouse Cindy Kae Cooper Clarity Management, Inc. Cornise Seawood Darcy Horton Debra Olcese Donna Higashida Dorothy S. Purcell Douglas Stetson Dynamic Nursing, Inc. Edward Khoury Eugene Beck

6

Gregory Karapetian Hannah Brown James Hyek Jan Bauer Pavlis Jay Nolan Community Services Johanna Whittlesey John W. Griffisths Jonathan Hooker Jonathan S. Jayne Jose L. Macias Juan Flores Judy Ware Justin Fisher Karen Kutzin Karina Smith Karla Ross Kimberly K. Perez L.A. City Treasury Lacey Kent Larisa Feldman Lauren Pelissier Leah Collery Lilia Koshiro Lilit Aghababyan Lilit Sargsyan Lisa Meredith Bates Los Angleles ORT College Lou Spinelli Lourdes Suyapa Varela Luisa A. Pante M. W. Armstrong Marcus A. Doswell Margarita Rodriguez Maria Kamenova Maria Valenzuela Martha Hernandez Martha Vasquez Martin Baraco Marvin Peters Mary Christine Dvorsky Mary Jo Hernandez Melissa Padilla Methuselah C. Arnold Michael M. Pena Michele Burles Moore Industries- Internations, Inc. Nancy Martinez Nancy Ramsey Naomi Nakamura Nayeli M. Soto Nina Gaay Patrick B. Hunter Playa Vista Job Opportunities Rachel Rae Rebel Raian Mendoza Real Mex Restaurants Rebecca Herron Richard Clement Roberta McKibben Roger Anthony Gray Ruby Aguilar Sarah Ross

New Directions Roana Thornock Laurie Nalepa Tarzana B'Nai B'Rith Rick & Sheila Brossman Cengage Learning Raul V. Castillo Ian Lewis Rebecca Frank Joan Koplow Southern California Gas Company David Tulanian Economic Alliance Ehrlich Architects Elaine & Elgin Baylor Goosen Tutor Promotion Ken & Helen Worthen Kevin Peterson Matthew Marsh Pasadena Group Phil Mundy Richard Ferkel, MD Rickey M. Gelb Bob & Jo-Carole Oberstein Southland Industries Steinberg Group Stephen Mack McKay The Help Group Valley Presbyterian Hospital $500 to $999 County of Los Angeles Jacquelyn E. Hams Joseph Steinberg Sheri Berger Lockheed Martin AFT College Faculty Guild 1521 Jim Marteney Meredith Leonard Carmen Salazar Marilyn Mikos Sharon Udkoff Duane Smith Ron Mossler Barbara Goldberg Meredith J. Kurz Cars 4 Causes Don Gauthier Andrea Goldberg City National Bank Eli Gauna Karen & Chi Kin Lam Louise Kroot Haukka Martin M. Cooper Nancy Willett Norm Siever Pat Ballew Robert Groswirth Rochelle Silsby Sheila Kar Health Foundation Susan Jones O'Carroll

Seiu Local 721, CTW, CLC Silva Kokikian Susan Rosen Susanne Mokslaveskas- Lambert Suzanne Marteney Tamara Shapiro Tanya S. Carden Thomas Andrew Kasprowicz Vincent Skewes Wendy DuFour Zsofia Arato Jim Malkin Adam Littig Francisco Urias Mostapha Barakat Phyllis Yasuda Deborah Kaye Lila Mayer Asha Omar Frances Hurwit Jaklin Yermian Michael Harmon Michael Rhett Patricia Huffman Stacey Shaffer Terry Teplin Al Amarawansa Edwin V Tiongson Gary A Rybold Alma Olivares-Luera Argelia E. Andrade Catherine Peterson David Falk Michael A. Avila Thomas Brown Tom Jacobsmeyer Alison Burger Ann Marie Aubochon Dean Goings Ese Akpovi Joshua Beck Michael Fradkin Monica Hang Richard Ye Tara Varilek Liliana Depasquale Anwar S El-Issa Amy L. Horning Fay Dea Georgianna Sampler June Miyasaki Michael Arshagouni Rhonda Eisner Adrianne Maltese Adrienne Zahler Amit Agnihotri Angelo Vaca Anne Epstein Beth Sussman Beth Winningham Bret Carthew Chatsworth HS PTSA Daniel Means Debra Pourroy Desiree M. Deasy Douglas M. Michelson

7 Rudolph Besikof Fashion Square Car Wash Francine Oschin Frederick Macaluso Frederick Machetanz Gerald Minter Helen & Sol Bialeck Hermel Nuyda Jamison Carter Joe Tuggle Karen Newcomb Kathleen P. Pratt Kay Havenhill Lee Farrar Leslie Anne Hope Margaret Wolk Maurice Wiley Nita Corinblit Noelle Andressen-Kale Pamela M. Allport Rochelle Kronstadt Roger and Elizabeth Ruhle Sandra Mayo Sharon Drell Shui T. Kawai Shui T. Liang SOCES Booster Club Steve Brener Steven Castillo

*Donations and Distribution results are from Fiscal Year July 1, 2012 to June 30, 2013

FOUNDATION SUPPORT PROVIDED TO L.A. VALLEY COLLEGE

Donated Assets – Monies donated directly to LAVC $40,000 Instructional Programs, Student Programs, $635,000 Departments, Clubs, & Auxiliaries Capital Projects & Construction $15,485 (Family Resource Center) Scholarships Awarded to LAVC Students $157,000 TOTAL FOUNDATION SUPPORT PROVIDED TO LAVC $847,485

FOUNDATION ENDOWMENTS Athletic Endowment Lois Bergquist Memorial Eric Bubbers & Sandra Welgreen Jackie Harless-Chang Memorial Marion Craig Memorial Carol Caldwell Memorial Rose Engel Founders’ Circle Earleen DeVivo Memorial Bruce Grossman Memorial Herbert Hafif Memorial George Hale Memorial Wm. Hawkinson Memorial LAVC Historical Museum Max L. Heyman Memorial Belle & Harry Krupnick Memorial Library Endowment Stewart Marsh Memorial Jamie Mintz Memorial Joseph B. Nordmann Richard K. Nystrom Memorial Tom & Anna Pangonis Memorial James Sargent Memorial Ed Sugar & Marion Heyn Monte Toole Memorial W.P. Whitsett Foundation National Notary Foundation Van Nuys Women’s Club Oliver Waters Memorial Tyree Wieder

THE PRESIDENT’S CIRCLE 99¢Only Stores McCarthy Building Companies Pankow Beezley Management Southland Industries Steve Lacher Yang Management All e-Waste A. Susan Carleo Raul V. Castillo Ehrlich Architects First Class Vending Helen Fountaine Gelb Enterprises The Help Group Kaiser Permanente Ian Lewis Laurie Nalepa Mike’s Roofing Services Pasadena Group PS2 Engineering Southern California Gas Co. David Tulanian Steinberg Group Valley Presbyterian Hospital Michael Weinper

The Legacy Society Rosalyn Shostak Heyman Joseph B. Nordmann Sharon J. Udkoff Martin M. Cooper Cynthia Sardo

Thank You!

Raul V. Castillo** Executive Director

Ex-Officio

Kathi Atkinson Vice President

City National Bank

Elaine Baylor** Los Angeles

Valley College Friend

Kenneth Worthen* Retired

Southern California Gas Company

Eliseo D.W. Gauna Legal Counsel

Ex-Officio

Rochelle Silsbee Public Affairs Manager

Southern California Gas Company

David Tulanian**

L.A. City Library

Andrea Goldberg, MD Vice President

Neurologist Kaiser Permanente

Dr. Susan Carleo President

L.A. Valley College

Ex-Officio

Robert Oberstein ** President

President RSO Advisors

Sharon J. Udkoff**

Certified Public Accountant

Pat Ballew Secretary

Retired Teacher

Eric Bubbers, PhD** Treasurer Director of

Regulatory Affairs Children’s Hospital

Thomas Soule Certified Public

Accountant

Mike Quiroga * President

Mike’s Roofing Services

5800 Fulton Avenue Valley Glen, CA 91401

(818) 947-2618

David Martinyan** President

All e-Waste

Lila Mazo Retired

Dept. of Social Welfare

* Denotes Former President ** Denotes Alumni, Former, or Current Student

Joseph Steinberg Vice President, Investments

Crowell, Weedon & Co.