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The mission of the Western State College Foundation is to be an enthusiastic advocate and funding partner of Western State College. By encouraging philanthropy and ensuring wise stewardship of gifts and endowments, the Foundation aspires to enhance the educational environment at the College for the benefit of its students, faculty and community.


Dear Western Alumni and Friends: Thank you for being a part of the solution to a daunting challenge. You have given generously to strengthen Western and advance our mission at a critical time. You give me great hope for the future of Western. For some time I have been following trends in public higher education throughout the Country. We are at a significant transitional moment in American history for public higher education and we must find creative and innovative ways to manage our way through these difficult economic times. Something is fundamentally wrong with our longstanding method of public funding higher education. The public higher education “social compact” created by the 1862 Morrill Land Grant Act was that state governments would subsidize public institutions at a level sufficient to provide quality education and opportunities while holding down tuition costs at levels affordable across socio-economic classes. This was a landmark time for American education, making “higher learning” accessible to many who could not otherwise afford tuition at the private colleges and universities where higher education originated in the United States. Of course, in the mid-nineteenth century state governments did not have vast transportation infrastructures to fund, correctional systems or Medicaid caseloads, and only minimal obligations to K-12 education. The 21st century has presented a much different set of challenges for our state governments and it may just be that our states can no longer fund public higher education as they once did. The evidence of this difficulty can be seen well beyond the challenges we face in Colorado. Substantial reductions to state support for higher education has occurred in California, Ohio, Pennsylvania, North Carolina, Illinois, Florida, Michigan, and Virginia, to name a few. As Western works diligently at developing new and creative approaches to our partnership with the state of Colorado, our family of loyal donors gives us strength and momentum that few peer institutions have. While the “new normal” of public higher education funding presents unprecedented challenges, our collective commitment to higher education provides all of us confidence in a bright future for Western. You have provided investment when resources were scarce. You have provided momentum when momentum was rare. And you have moved Western forward while many others have been forced to turn to temporary solutions and hopes to weather the storm. Philanthropy will play an increasing role in reimagining the future of public higher education. Thanks to you, Western is well positioned to thrive in this respect. The new College Center stands as a monument to your commitment and to Western’s ever-advancing mission to serve students in rare and transforming ways. Thanks to you and to the scores of generous alumni and friends who believe in Western, the best is yet to come. Again, thank you. Sincerely, Jay Helman, President

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Dear Friends – It is often said that a gift reflects the character of the giver. I believe there is much wisdom in that. Consider the gifts Western has received in the past year: • Gifts to create a stunning new College Center that will serve the Western family and Gunnison community in remarkable ways

• Gifts to provide more than $500,000 in scholarships to Western’s best and brightest students and those with great financial need

• Gifts to enhance and elevate academic and athletic programs to new levels of excellence

What your gifts tell us about you, the giver, is that: • You live a life beyond yourself, considering how to use your blessings to bless the lives of others

• You believe that college students have the potential to change our world for the better, and represent a vibrant hope for the future

• You believe higher education unleashes latent potential in students which transforms their lives and destinies

• You believe Western is the place where those life-transforming, future-changing breakthroughs take place in a mentor-rich, relationship-based, experiential, extraordinary way

• You sacrifice for the things and for the people you believe in, whom you may never meet, so that they may have a better life, and create a better world

You are remarkable. You are cherished. Your gifts are treasured. Their impact is maximized. You transform Western and change lives. The future is brighter. You are a hero. Our gratitude is unbounded. Thank you for choosing to change the world through Western. We are so grateful. Warmly,

Thomas F. Burggraf, Jr. Vice President of Institutional Advancement Executive Director of the WSC Foundation

“I am so thrilled with the addition of the new College Center, and the progression of Western. Alumni and friends are making an impact on Western’s students of today and tomorrow, and I am excited to be a part of it.” Don Prosser (’73, ’75) President, WSC Foundation Board of Directors 2


“When the WSC Foundation agreed to back this initiative, no one could have foreseen that we would be running smack into the teeth of the worst economic downturn since the Great Depression. Nevertheless, we’ve made it to the finish line; and I’m confident that, in time, we will successfully complete the fund raising effort in support of the beautiful new and exciting College Center.” Malte and Pam vonMatthiessen Chairman and former CEO, YSI, Inc. Director, WSC Foundation Board

Naming Opportunities College Center Benefactor Gifts ($200,000 - $1,500,000)

Space Floor Ballroom 2 Lobby 1 Bookstore 1 Concourse/Retail Dining Area 1 North/South Concourse 1 Engagement Mall East/West Concourse 2 Recreation Area 1 Career Services/Learning Assistance Suite 1 Residence Life Suite 1 Multi-Cultural Center Suite 1 North Entrance 1 Meeting Room 2

Gift Level $1,000,000 $850,000 $750,000 $500,000 $500,000 $500,000 $400,000 $300,000 $250,000 $250,000 $250,000 $200,000 $200,000

“One of the best things my late husband, Jim (’67) and I did a number of years ago was to make an estate gift to the WSC Foundation. Recently, I found there was an ability to reposition assets and redirect our Planned Gift so that a portion will now go the College Center. You may find that a Planned Gift with the WSC Foundation is a way to participate now.”

 arol Greenlee C Community Leader 3

“I am happy to contribute to another project that will benefit the students at Western.  The Borick Business Building was the first.  The College Center will provide a place for students to ‘hang out’ and meet new friends.  Many of these friendships will continue throughout their lives after they have finished their college careers.  Under the leadership of President Helman and Tom Burggraf, I am anticipating another opportunity to support the funding of a project for the College and Gunnison communities.” Bob Little (’50) Community Leader


“The crowning achievement of the WSC Foundation is the opening of the new College Center. You simply won’t believe it when you see it! I’m proud and amazed to be part of it all. Please generously invest in the new college center. All the best in 2010.” Chip Creager (’85) President, Creager Mercantile Immediate Past-President, WSC Foundation Board

“The new College Center promises to further strengthen the bonds that make us all proud to be associated with Western. High quality campus life is crucial to learning and development for our students and faculty members. The facility that we construct will create a nucleus that every member of the Western family will want to enjoy for years to come – that’s why I’ve personally pledged my support and am asking others to join me in this campaign.” Ty Petway (’96) CEO, Zurich Insurance Services, Inc. Director, WSC Foundation Board

Leadership Gifts ($75,000 - $199,000)

Space Campus Reception Lounge Campus Life Conference Room South Plaza East South Plaza West Amphitheater

Floor 1 1 Patio Patio 1

“Our family has been blessed by our connections to Western State College for more than 35 years. We realized the importance of a new College Center in enhancing the quality of the student and faculty experience. The scale, design, and progressive features of the project inspired us to be a part of this new cornerstone facility.” Jyl Voss (’76) Secretary, WSC Foundation Board of Directors OB/GYN pictured left to right: Jyl, Paula & Mark, and Milt Voss

Gift Level $150,000 $100,000 $100,000 $100,000 $75,000


“The new College Center will become the centerpiece of our spectacular campus providing a tremendous asset to the entire Gunnison Valley. The College Center helps position WSC for the 21st century by providing a vibrant and valuable forum for students, teachers, parents, the community and guests to gather, converse and share new ideas on a variety of topics to enhance the economy, stewardship and future of the West and beyond.” Peter (’76) and Cathy Dea President and CEO, Cirque Resources LP “When I first heard about the new Trustee, Western State College College Center I knew I wanted to support it. I realized how many fond memories I had that centered around the student union. This was the heart of student life on campus. With the upgrades and additions the new College Center will offer Western students I’m glad I can be a small part in making it happen.” Major Gifts ($20,000 - $74,999) Maxine Pierce (‘74) Space Floor Gift Level Community Leader

Elevator Dining Staircase Student Life Offices Wilderness Pursuits Office South Exterior Plaza Themed Dining Areas (two available) Lounge groupings Lobby East (2 areas) Food Service Pavilions (five available) Theater Ballroom Rest Area Lounge groupings off concourse (2 areas) Lounge groupings off concourse (2 areas) Overlook lounge atop dining stairs Curved Bench Window – Dining Wall Entry Dining Reception

1 1 1 2 1 2 2 1 2 2 2 2

$50,000 $50,000 $50,000 ea. $50,000 $40,000 $40,000 ea. $35,000 ea. $30,000 ea. $30,000 $25,000 ea. $25,000 ea. $25,000 $20,000 $20,000

“As residents of Western Colorado, and a member of the business community, we recognize the value Western brings to all of Western Colorado...We’re honored to be associated with Western State College.” Glen Jammaron (’84) President and Vice Chairman, Alpine Banks of Colorado

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“I deeply believe the new College Center will play a vital role in the future of Western State College, tremendously enhancing the quality of campus life and additionally providing a wonderful resource for the Gunnison Valley. I am so impressed that WSC has continued with its commitment to this amazing project in this difficult economic time and I am proud to be a small part of this accomplishment.” Donna Faulkner (’68) Owner and CFO, Faulkner Exploration Director, WSC Foundation Board


“I provided financial support for the new College Center because I viewed it essential for our students to have a high quality site to enjoy and where they can benefit from multiple services.” Roy Hood (’66) Treasurer, WSC Foundation Board of Directors Chairman and CEO, RIMCO Royalty Management Company, L.L.P. “The importance of the new College Center can be measured by the position it will hold on the campus: that is, the center. This is the place where the college community, made up of people from all over the world, will interact with one another. We chose to invest in the new Western State College Center because the Center will provide this very special and unique educational opportunity for our students.” Stu Kaplan (’70) President, Makuta Technics, Inc. Director, WSC Foundation Board “The old Student Union had always been the main social gathering point at WSC. Paula and I have been supporters of the new College Center project since its inception and are now overwhelmed by what it has become. That the College Center will also act as a conference center and will be an asset to all of Gunnison County has given us great delight to be a part of its construction.” Steve Reynolds (’78) Co-Owner and Vice President, Infinity Oil & Gas, Inc. Director, WSC Foundation Board

Supporting Gifts ($5,000 - $19,999)

Space Floor Loading Dock (Outdoor) 1 Fireplace (two available) 1 and 2 Beverage Stations (two available) 2 Wilderness Pursuits East Plaza (Outdoor) 1 Art Gallery Walls (two available): Stair/Board Room Area 2 Dining Area 1 Landscape Gardens (three available, Outdoor) 1 Computer Station Kiosk 1 Entry Canopies (three available, Outdoor) 1 Mailbox Coves 1 Movie Theater Ticket Kiosk 2 Large Screen Plasma TV’s (three available)

Gift Level $15,000 $15,000 ea. $15,000 ea. $15,000 $15,000 $10,000 $10,000 ea. $10,000 $10,000 ea. $10,000 ea. $10,000 $5,000 ea

“As students at WSC in the 70’s the MoHab’s often gathered around a fire for warmth and camaraderie. Many lasting relationships grew from those times. In our decision to support the College Center we are continuing a tradition of bringing people together, building friendships, and strengthening our bonds to Western State College. A gift from the members of the MoHab to name the outdoor firepit means that students will be able to enjoy it for years to come.” Jim Peay (’78) MakJEnergy Trustee, MOHAB Foundation 6


Jim Garrison photo

Front Row, left to right: Jim Musgrave, Ty Petway, Jyl Voss, Don Prosser, Roy Hood, Valerie Hastings, Donna Faulkner, Kathy Lutito. Back Row, left to right: Art Harter, David McEntire, Kip Tindell, Steve Reynolds, Hank Windmoeller, Chip Creager.

Don Prosser (’73, ’75) President, WSC Foundation Owner, Donald W. Prosser PC Roy Hood (’66) Vice President, WSC Foundation Chairman and CEO, RIMCO Royalty Management Company, L.L.P. Jyl Voss (’76) Secretary, WSC Foundation OB/GYN

Jim Musgrave (’64) Treasurer, WSC Foundation Community Leader

Craig Haase

Malte vonMatthiessen

Retired Senior Executive and Director, Newmont Mining Corporation

Chairman and former CEO, YSI, Inc.

Art Harter (’78) Senior Vice President, Investments, Smith Barney

Steve Reynolds (’78) Co-Owner and Vice President, Infinity Oil & Gas, Inc.

Valerie Hastings (’83) Owner, Specialty Plating, Inc. Owner, Valerie J. Hastings, P.C.

Kip Tindell

Stu Kaplan (’70)

Chief Operating Officer, Connolly Bove Lodge & Hutz, LLP

President, Makuta Technics, Inc.

Kathy Lutito (’85) President and CIO, Qwest Asset Management Company

David McEntire (’80) President, AmStar Homes, Inc.

Ken Moffitt Chip Creager (’85) Immediate Past-President, WSC Foundation President, Creager Mercantile

Retired Vice President and General Manager, Rotary Drill Division of Ingersoll-Rand Company

Steve Trippe (’77) Vice President, Cima Energy

Ty Petway (’96) Owner and CFO, Faulkner Exploration CEO, Zurich Insurance Services, Inc.

Donna Faulkner (’68)

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Owner, The Container Store

Hank Windmoeller (’73)


The Western State College Foundation $3,767,838

Charitable Gift Revenue Western alumni, parents and friends gave $3,767,838 during the 2008-2009 Fiscal Year. Gift receipts are a tabulation of annual fund gifts, endowment gifts, realized planned gifts, and gifts made in support of the Mountaineer Athletic Association and other Collegerelated programs. The importance of continued annual support cannot be over-emphasized. Gifts to the Foundation provide funds for both the immediate and future needs of Western State College.

$2,412,471

Distribution to WSC The Foundation provided $2,412,471 to Western State College during the Fiscal Year 08-09. Every department on campus benefited from Foundation support in forms such as academic and athletic programs and special projects.

$578,848 From the distribution total of $2.4 million, $578,848 was distributed to the College for exceptional or financially needy students in the form of scholarships.

$24,147,169

Total Assets In 2008-2009, the assets of the Foundation reached $24,147,169. Total assets include endowments, non-endowed funds, and Foundation-owned property.

2,386 Number of gifts received in 2008-2009 Fiscal Year.

34 Years the Foundation has been Incorporated.

360 Number of funds the Foundation manages.

153 Number of endowed funds at the Foundation.

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The Heritage Society formally recognizes all planned gift donors who have committed their support to ensure Western’s future: Leona E. Antholz* Robert Barr* Roberta Barr Robert L. Beitler Elsie A. Bennett* Ruth Berg* Edmund L. Bevens* J. Howard Blackburn* John Brach Nancy Spann Braswell* James A. Brewer* Joe Brimus Martha A. Carr* Hugh R. Christenson* Janet S. Christenson James H. Cox Jeanette M. Dalton* George Davidson* Marguerite Davidson A. Joseph DeGrazio Tony Delmas* Donald S. Eastman* Harry W. Endner* Mary E. Erickson* Jeane D. Fair* Robert D. Foster Agnes D. Giles* Cecil Giles* Paul Gillis William H. Gould* Carol Greenlee Jim Greenlee* William Greer Robert C. Haas*

Evelyn Haley Larry Heesch Linda Heesch Kenneth E. Heuer Clarence T. Hurst* Jean Race Johnson May Dye Kearney* Bruce A. Kolisek Robert W. Lowe, Jr. Jim Mahaffey Mary E. McDaniel Marquardt Richard E. Marquardt Mitchell W. Mateik* Wayne Milheim Christopher M. Minard Barbara J. Minard* Marvin Newby* Reva Sapp O’Connor* Ralph E. Porter* Marjorie Porter* Fletcher Y. Rainer, III* Sandy Read Edwyl Redding* Lois T. Reed Fred A. Reichle* Olivia L. Reichle* Ethel M. Rice Rachel W. Rice* James R. Richards* Freda T. Roof* Joseph A. Ruggerio* Mary A. Scherer* Stephen T. Semegen Alma L. Sheff

George R. Sheff Anne Shrake Tom Shrake Deborah Shoop Kirkton Shoop Burton Smith* Elnora Smith* Bill Smith Janet Smith William H. Stobaugh* Ida LaDean Stobaugh Marion A. Stoerker Mollie G. Stoerker David Stremme Jan Stremme Dan Thornton* Jesse Thornton* James T. Tully Eric Vanden Brink C. E. Veirs* Francis T. Visconti John P. Vloyantes* Malte vonMatthiessen Pam vonMatthiessen Mary F. Wright* Paul W. Wright* Hazel Wright* Mickey Zahradka* Nona Zahradka George Zavislan* Selma Zavislan Ann Zugelder* Anonymous (8 individuals) *Deceased

William T. Hamilton, who served as President of Western State College from 1987 to 1990, passed away on July 6th, 2009 from a heart attack.

Callaway the wife of Laura Elizabeth “Beth” Callaway,

Dr. Hamilton joined Western in 1986 as the Vice President of Academic Affairs. At the time of his death, he was a Professor Emeritus of English at Metropolitan State College in Denver, where he had served as the Chair of the English Department. He retired from Metro State in 2005 after 14 years with the college.

Howard “Bo” Callaway and sister of Ralph Walton – the former co-owners of Crested Butte Mountain Resort – died in her native state of Georgia December 8th, 2009. She was 83. The Callaways owned CBMR from 1970 to 2004 and lived in Colorado from 1976 until 1997, based primarily in Denver for many of those years. For generations the family has owned, and continues to operate, a vacation resort called Callaway Gardens in Pine Mountain, Georgia.

Robb Pennie photo 9


Dreams Kept Alive Through Foundation The Chris Mikesell Foundation awarded two grants to the Western State College Foundation. This first grant, $4,000, was directed to the Wilderness Orientation Program to establish needs-based scholarships for the 2009-2010 academic year. The additional $2,000 grant was for the Wilderness Pursuits Program to be used at the program director’s discretion.

“We are pleased to award these grants to Western’s programs that strive to connect students with the natural environment of the Gunnison Valley,” said Laura Mikesell, Chris’ sister. “We believe Chris, too, would be pleased.” Kendall and Sherry Mikesell, along with their daughters Laura and Julie, established The Chris Mikesell Foundation in December 2007 to honor the memory of their son and brother. Christopher Keith Mikesell grew up in Clearwater, Kansas, where his parents still reside. He developed a sense of wonder that led him around the world, forming lasting friendships wherever he went. He moved to Gunnison in 2001 to attend WSC, graduating in 2005, and then chose to make Crested Butte his home. Chris was tragically killed on January 21, 2007, at the age of 23, in a Sno-Cat accident on the mountain he loved. In keeping with the kind of person Chris was, the vision of The Chris Mikesell Foundation is to help people enjoy the journey in life, to climb the mountain, and see the view. To honor his adventurous spirit, passion for travel and love of people, The Chris Mikesell Foundation aims to provide opportunities for young people to experience nature; assistance to organizations dedicated to preserving and protecting the natural environment; scholarships at Western State College; and assistance to people in need around the world. “We are very excited and honored to be receiving such generous gifts from The Chris Mikesell Foundation. These grants will provide opportunities for students that would otherwise not have the means to participate in programming such as this,” said Janna Hansen, Director of Wilderness Pursuits. “The Mikesells’ generosity will positively impact the lives of many WSC students.” Kendall and Sherry gave Chris an old sign at Christmas of 2006 that sums up Chris in one sentence. It says,

If You don’t Climb the Mountain You can’t See the View.

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Mountaineer Athletic Association In the midst of a challenging economic climate, the need for private funds to supplement the Western State College athletic programs is more important than ever. But thanks to the contributions and dedication of individuals and businesses throughout the Gunnison Valley, the Mountaineer Athletic Association set an all-time record with $285,169 in revenue for the 2008-09 academic year. “I think this record and continued growth in our fund-raising success happens due to a lot of reasons and a lot of good people,” said Athletic Director Greg Waggoner. “It is an endorsement of the belief in what we do and we are very pleased to know so many feel so strongly and continue to demonstrate that belief so tangibly.” The new record includes only the corporate partnership program and the regular memberships for the MAA. For the fifth straight year, Western State College raised more than $1 million in revenue last year through special events, capital campaigns, donations, grants, gate receipts, advertising, program sales, concessions, athletic camps, sport specific fund-raising and the MAA. Western State athletics generate 48 percent of its budget from private funds, double the average of NCAA Division II institutions with a football team. Yet the Mountaineers are one of only two Division II programs to place within the Top 25 of the Learfield Sports Director’s Cup every year since the competition began 14 years ago. The needs for the athletic program continue to be compelling in an effort to gain on competitive peers, especially in the area of scholarships.

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Jacob P. Accola Shannon Armstrong Mary Elaine Barbour Bill Boris L. Richard Bratton Clay Campbell Louie Carleo Jay Carlile Claudia M. Carpenter Chuck Cliggett Rob Costello

Thom Cox Peter Dea Bob Decker Dan Dennison Ann Duckett Jerry Dusa Gary Garland Roy Johnson Nancy Houston Anne Law Jim MacAllister

Sandy Mark Mike Matthews Les Mergelman Howard Morrison Owen P. O’Fallon Jack Porter Paul Rady Tom Rais Sandy Read Ethel Rice John Roberts

Jim Garrison photo

Front row: Pam Johnston, Financial Manager/Annual Fund Officer; Tom Burggraf, Vice President of Institutional Advancement of Western and Executive Director of the WSC Foundation; Deborah Hoskins, Director of Development/Associate Director of the WSC Foundation. Back row: Jesse Howe, Student Assistant; Debbie Johnson, Staff Assistant/Assistant to the Executive Director. 12

Curtis Robinson Bud Smock Ginger Soderlund Lee Spann Linda Helken-Squirrell Richard (Dick) Stephenson Wesley E. Strain James Sullivan Tom Swineford Lawrence J. Tacker Jerry Uhrlaub Edwin Vitt Pat White Sven Wiik


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WESTERN STATE COLLEGE FOUNDATION STATEMENTS OF FINANCIAL POSITION June 30, 2009 and 2008

2009 Assets Cash and cash equivalents ..................................................................................... Certificates of deposit............................................................................................ Investments............................................................................................................ Contributions receivable, net................................................................................. Due from Western State College........................................................................... Other assets............................................................................................................ Debt issuance costs................................................................................................ Property and equipment, net of depreciation......................................................... Total Assets Liabilities Accounts payable .................................................................................................. Due to Western State College ............................................................................... Bonds payable ....................................................................................................... Accrued interest.....................................................................................................

$

220,843 $ 359,238 34,635 74,818 14,242,182 20,518,553 2,005,796 181,961 -2,639 85,488 73,368 67,343 83,505 7,697,700 7,490,882

$ 24,147,169 $ 28,991,782

$

28,596 $ 30,687 -439,449 4,060,671 4,857,835 81,975 68,524 4,157,791

5,409,946

(3,443,582) 9,372,696 14,060,264

701,236 8,917,655 13,962,945

19,989,378

23,581,836

Total Liabilities Net Assets Unrestricted ........................................................................................................... Temporarily restricted ........................................................................................... Permanently restricted ........................................................................................... Total Net Assets Total Liabilities and Net Assets

2008

$ 24,147,169 $ 28,991,782

The accompanying notes are an integral part of these statements. -314


WESTERN STATE COLLEGE FOUNDATION STATEMENTS OF ACTIVITIES Years Ended June 30, 2009 and 2008

2008

2009 Changes in Unrestricted Net Assets Revenues, gains and other support: Contributions...................................................................................................... Investment income (loss) ................................................................................... Rental income ....................................................................................................

$

194,227 $ (3,931,422) 14,484 (3,722,711)

Net assets released from restrictions: Satisfaction of program restrictions ...................................................................

164,599 (206,507) 14,482 (27,426)

2,642,932

3,016,674

(1,079,779)

2,989,248

2,164,244 652,568 248,227

2,422,288 596,771 281,464

3,065,039

3,300,523

--

32,812

Expenses: Programs ............................................................................................................ Management and general ................................................................................... Fund-raising .......................................................................................................

Transfers................................................................................................................ Decrease in Unrestricted Net Assets

(4,144,818)

(278,463)

Changes in Temporarily Restricted Net Assets Revenues and gains: Contributions...................................................................................................... Investment income (loss) ................................................................................... Royalties.............................................................................................................

3,324,207 (477,106) 98,787

2,413,727 (497,520) 118,828

2,945,888

2,035,035

(2,642,932)

(3,016,674)

Net assets released from restrictions: Satisfaction of program restrictions ................................................................... Transfers................................................................................................................

152,085

409,681

Increase (Decrease) in Temporarily Restricted Net Assets

455,041

(571,958)

249,404 (152,085)

3,726,688 (442,493)

97,319

3,284,195

Changes in Permanently Restricted Net Assets Revenues and gains: Contributions...................................................................................................... Transfers............................................................................................................. Increase in Permanently Restricted Net Assets Increase (Decrease) in Net Assets Net Assets - July 1.................................................................................................... Net Assets - June 30 .................................................................................................

(3,592,458)

2,433,774

23,581,836

21,148,062

$ 19,989,378 $ 23,581,836

The accompanying notes are an integral part of these statements. -415


WESTERN STATE COLLEGE FOUNDATION STATEMENTS OF CASH FLOWS Years Ended June 30, 2009 and 2008

2009 Cash Flows from Operating Activities Cash received from: Contributions...................................................................................................... Investment income (loss) ................................................................................... Royalties............................................................................................................. Rent ....................................................................................................................

2008

$ 1,531,588 $ 2,674,795 (3,550,090) 498,691 98,787 118,828 14,482 14,484 (1,905,231)

3,306,796

2,454,893 438,048 248,227

2,023,379 419,505 281,464

3,141,168

2,724,348

Cash paid for: Programs ............................................................................................................ Management and general ................................................................................... Fund-raising .......................................................................................................

Net Cash Provided by (Used in) Operating Activities

(5,046,399)

582,448

249,404 (797,164)

3,726,688 (762,466)

(547,760)

2,964,222

(5,082,097) 10,540,213 (4,991) 2,639

(6,577,209) 4,179,098 (982,874)

5,455,764

(3,380,985)

Cash Flows from Financing Activities

Contributions to permanently restricted net assets Bond principal payments Net Cash Provided by (Used in) Financing Activities Cash Flows from Investing Activities Payment for purchase of investments.................................................................... Proceeds from sale of investments ........................................................................ Payment for purchase of property and equipment ................................................ Decrease in deposits with Western State College ................................................. Net Cash Provided by (Used in) Investing Activities Net Increase (Decrease) in Cash............................................................................

(138,395)

165,685

Cash - July 1.............................................................................................................

359,238

193,553

220,843 $

359,238

Cash - June 30 .......................................................................................................... Reconciliation of Change in Net Assets to Net Cash Provided by (Used in) Operating Activities Increase (decreased) in net assets....................................................................... Adjustments: Unrealized (gain) loss on investments ............................................................ Contributions to permanently restricted net assets ......................................... Depreciation.................................................................................................... Decrease (Increase) in contributions receivable and other assets................... Increase (Decrease) in due to Western State College ..................................... (Decrease) Increase in accounts payable and accrued liabilities .................... Net Cash Provided by (Used in) Operating Activities

$

$ (3,592,458) $ 2,433,774 858,438 (249,404) 211,809 (1,819,793) (439,449) (15,542) $ (5,046,399) $

The accompanying notes are an integral part of these statements.

-5-16

1,196,130 (3,726,688) 180,560 259,212 439,449 (199,989) 582,448


WESTERN STATE COLLEGE FOUNDATION NOTES TO FINANCIAL STATEMENTS June 30, 2009 and 2008

Note 1 - Summary of Significant Accounting Policies A. Organization and Nature of Activities Western State College Foundation (the Foundation) was incorporated on August 22, 1975 under the laws of the State of Colorado. The purpose of the Foundation is to aid, directly or indirectly, Western State College (the College) in fulfilling its education purposes. The Foundation is supported primarily through donor contributions. B. Financial Statement Presentation The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with generally accepted accounting principles. Net assets and revenues, expenses, gains, and losses are classified based on the existence or absence of donor-imposed restrictions. Accordingly, net assets of the Foundation and changes therein are classified and reported as follows: •

Unrestricted net assets - Net assets that are not subject to donor-imposed stipulations.

Temporarily restricted net assets - Net assets subject to donor-imposed stipulations that may or will be met, either by actions of the Foundation and/or the passage of time. When a restriction expires, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activities as net assets released from restrictions.

Permanently restricted net assets - Net assets subject to donor-imposed stipulations that they be maintained permanently by the Foundation. Generally, the donors of these assets permit the Foundation to use all or part of the income earned on any related investments for general or specific purposes.

C. Contributions Contributions including unconditional promises to give are recorded as made. All contributions are available for unrestricted use unless specifically restricted by the donor. Conditional promises to give are recognized when the conditions on which they depend are substantially met. Unconditional promises to give due in the next year are recorded at their net realizable value and at fair value if expected to be collected in more than one year. The Foundation uses the allowance method to determine uncollectible unconditional promises to give. All unconditional promises to give are deemed collectible by management and accordingly, no allowance has been provided. The allowance is based on prior years’ experience and management’s analysis of specific promises made.

-7-17


Note 1 - Summary of Significant Accounting Policies (Continued) D. Cash Equivalents For purposes of the statements of cash flows, the Foundation considers all highly liquid investments available for current use with an initial maturity of three months or less to be cash equivalents. E. Investment Securities Under SFAS No. 124, Accounting for Certain Investments Held by Not-for-Profit Organizations, investments in marketable securities with readily determinable fair values and all investments in debt securities are valued at their fair values in the statement of financial position. Fair values are determined by quoted markets. Unrealized gains and losses are included in the change in net assets. F. Property and Equipment The Foundation’s capitalization policy requires individual assets to be capitalized if the original cost or fair value at date of donation exceeds $1,000 and has a useful life greater than one year. Donations of property and equipment are recorded as support at their estimated fair value. Such donations are reported as unrestricted support unless the donor has restricted the donated asset to a specific purpose. Assets donated with explicit restrictions regarding their use and contributions of cash that must be used to acquire property and equipment are reported as restricted support. Absent donor stipulations regarding how long those donated assets must be maintained, the Foundation reports expirations of donor restrictions when the donated or acquired assets are placed in service as instructed by the donor. The Foundation reclassifies temporarily restricted net assets to unrestricted net assets at that time. Property and equipment are depreciated using the straightline method over their estimated useful lives. Depreciation is calculated using the straight-line method as follows: Useful life Asset Buildings ..................................... 40-45 years Furniture & equipment................ 5-10 years G. Income Taxes The Foundation is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and classified by the Internal Revenue Service as other than a private foundation. H. Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

-8-

18


Note 2 - Concentration of Credit Risk Financial instruments that potentially subject the Foundation to concentrations of credit risk consist principally of cash balances at financial institutions in excess of federally insured limits. The Foundation maintains cash balances at a financial institution located in Western Colorado. Accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to $100,000 in 2008 and up to $250,000 in 2009. At June 30, 2009 and 2008, the Foundation had uninsured deposits of approximately $0 and $105,950, respectively. The Foundation periodically assesses the financial condition of the institutions and believes that the risk of any loss is minimal. Note 3 - Contributions Receivable The Foundation has unconditional promises to give (contributions receivable) of $2,005,796 and $118,961 as of June 30, 2009 and 2008, respectively. Of these amounts, $1,200 and $116,800 relate to the Borick Business Building as of June 30, 2009 and 2008, respectively. As of June 30, 2009 the undiscounted unconditional promises of $2,089,667 relate to the College Center project. Estimated annual collections on contributions receivable are as follows: Less than one year One to five years More than five years

$

37,750 1,968,046 --

$

2,005,796

Contributions receivable are net of unamortized discount of $203,345 and $0 at June 30, 2009 and 2008, respectively. This discount is calculated using a risk-free interest rate of 4%. Note 4 - Investments Short-term investments are recorded at fair market value and are comprised of the following: June 30, 2009

Investment securities...................................................

Cost

Market

$ 14,966,282

$ 14,242,182

Unrealized (Losses) $

(724,100)

June 30, 2008

Investment securities...................................................

Cost

Market

$ 20,384,215

$ 20,518,553

Unrealized Gains $

134,338

Investment securities of the individual net asset classes, consisting of money market funds, equity securities, bonds and investments in limited partnerships, are combined to form a pool of investments. Income earned on investments is allocated, based on cost, to the individual net asset classes with earnings of the endowment investments being included as an increase of temporarily restricted net assets or unrestricted net assets. Investment fees are offset against investment income. -9-

19


Note 4 - Investments (Continued) Investments are as follows for the years ended June 30: 2009

2008

Cash and cash equivalents .................................................................... Fixed income......................................................................................... Equities .................................................................................................

$

1,397,492 2,607,180 10,237,510

$

5,092,791 1,888,554 13,537,208

Investments ...........................................................................................

$

14,242,182

$ 20,518,553

Investment returns are as follows for the years ended June 30: 2009

2008

Interest income...................................................................................... Net realized gains (losses) .................................................................... Net unrealized gains (losses) ................................................................ Fees .......................................................................................................

$

390,082 (3,770,618) (858,438) (169,554)

$

648,865 15,793 (1,199,680) (169,005)

Investment earnings (loss) ....................................................................

$

(4,408,528)

$

(704,027)

$

(3,931,422) (477,106)

$

(206,507) (497,520)

$

(4,408,528)

$

(704,027)

Investment earnings (loss) are reported as follows in the Statements of Activities: Unrestricted .................................................................................... Temporarily restricted ....................................................................

Note 5 - Property and Equipment Property and equipment consist of the following as of June 30: 2009 Land ......................................................................................................... Buildings and improvements ................................................................... Furniture and equipment ..........................................................................

2008

$

38,225 8,379,170 100,848 8,518,243 (1,027,361)

$

38,225 8,379,170 94,223 8,511,618 (813,918)

$

7,490,882

$

7,697,700

Less accumulated depreciation....................................................................

The total depreciation expense for the years ended June 30, 2009 and 2008 was $211,809 and $180,560, respectively.

-10-

20


Note 6 - Other Assets Other assets consist of the following as of June 30: 2009 Art ......................................................................................................... Lithographs ........................................................................................... Life insurance policy ............................................................................ Property.................................................................................................

2008

$

5,620 3,000 70,868 6,000

$

5,680 3,000 58,688 6,000

$

85,488

$

73,368

Other assets are recorded at their estimated value on the date of contribution where market value is not available. Note 7 - Restrictions on Net Assets Temporarily restricted net assets are to be used for various programs and departments of the College. Permanently restricted net assets are endowment funds restricted in perpetuity to continue the tradition of the Foundation. Income generated by these assets is generally used for scholarships and awards. Note 8 - Western State College The Foundation rents part of its facilities to the College. The lease was extended and now expires June 30, 2010 with annual rentals of $14,482. The rental income for the years ended June 30, 2009 and 2008 was $14,482 and $14,482, respectively. Effective August 1, 2007, the Foundation is renting the Borick Business Building to the College for 10 years for $10. The building was built on College property which is subject to a 50 year ground lease to the Foundation. The Foundation’s Executive Director and the Director of Annual and Special Gifts are employed by the College. A portion of their compensation is paid by the Foundation. Note 9 - Conditional Promises to Give Conditional promises to give consist of the following at June 30: 2009 Will designation (estimated amounts), restricted for Western State College Savage Library ................................................. Art Chair ............................................................................................... History .................................................................................................. Other ........................................................................................................

-11-

21

$

$

1,000,000 1,000,000 1,000,000 2,033,198

2008 $

$

1,000,000 1,000,000 1,000,000 2,062,465


Note 10 - Pension Plan The Foundation has a 401(k) plan (the Plan) covering all employees working at least 20 hours per week. Covered employees are fully vested after two years of service. The Foundation contributes 3% of each participant’s compensation to the Plan each year. Total expense for the years ended June 30, 2009 and 2008 was $9,154 and $2,670, respectively. Note 11 - In-Kind Donations The Foundation received non-cash contributions of services and materials totaling $150,891 and $146,581 for the years ended June 30, 2009 and 2008, respectively. The non-cash contributions are included in total contributions and program expenses in the Statements of Activities. Note 12 – Bonds Payable On August 30, 2006, the City of Gunnison issued its Revenue Bond (Western State College Foundation Project) Series 2006 to finance the construction of the Borick Business Building to be owned and operated by the Foundation and utilized by Western State College. The proceeds of the bond will be loaned by the city to the Foundation. Under the terms of the agreement with the city, the Foundation is obligated to repay the loan by paying to the registered owner of the bond, on behalf of the city, moneys sufficient to pay the principal of and interest on the bond. The bond was issued in the aggregate principal amount of $6,000,000 at a 4.50% annual interest rate. The future maturities of the bonds are as follows: June 30, 2010 2011 2012 2013 2014

$ 833,439 871,366 911,019 952,476 492,371

Note 14 – Fair Value Measurements Financial Accounting Standards Board Statement No. 157, Fair Value Measurements (FASB Statement No. 157), establishes a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy under FASB Statement No. 157 are described below: Level 1:

Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Foundation has the ability to access.

Level 2:

Inputs to the valuation methodology include: •

Quoted prices for similar assets or liabilities in active markets; -12-

22


• • •

Quoted prices for identical or similar assets or liabilities in inactive markets; Inputs other than quoted prices that are observable for the asset or liability; Inputs that are derived principally from or corroborated by observable market data by correlation or other means.

If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability. Level 3:

Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

The asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at June 30, 2009 and 2008. Investments in registered investment companies (mutual funds): Valued at quoted market prices which represent the net asset value (‘NAV”) of shares held by the Plan at year end. Common stocks, corporate bonds and U.S. government securities: Valued at the closing price reported on the active market on which the individual securities are traded. The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Foundation believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. The following table sets forth by level, within the fair value hierarchy, the Foundation’s assets at fair value as of June 30, 2009:

Cash & Cash Equivalents Mutual Funds Foreign Debt Common Stocks Preferred Stocks Private Debt Funds Bonds U.S. Treasuries Total

Assets at fair value as of June 30, 2009 Level 1 Level 2 Level 3 $ 1,397,492 $ -$ -1,436,701 --113,794 --8,587,681 --240,483 ----626,325 976,839 --862,867 --$

13,615,857

$

-1323

--

$

626,325

$

$

Total 1,397,492 1,436,701 113,794 8,587,681 240,483 626,325 976,839 862,867 14,242,182


The table below sets forth a summary of changes in the fair value of the Foundation’s level 3 assets for the year ended June 30, 2009: Level 3 Private Debt Funds $ 891,145

Balance, June 30, 2008 Unrealized losses related to instruments still held at June 30, 2009 Purchases, sales, issuances, and settlements (net) Balances, June 30, 2009

(173,924) (90,897) $

626,324

Note 15 – Endowments The Foundation’s endowment consists of approximately 155 individual funds established for a variety of purposes for donor-restricted endowment funds. Net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. Interpretation of Relevant Law: The Board of Trustees of the Foundation has interpreted the Colorado Uniform Prudent Management of Institutional Funds Act (UPMIFA) of 2008 as requiring the assets of an endowment fund be donor restricted until allocated for spending, unless otherwise specifically stated in the gift instrument. The Board believes this interpretation is consistent with long established Board approved investment and spending policy which is specifically referenced in the Foundation’s endowed gift instrument. In accordance with the investment policy and UPMIFA, with the exception of certain restricted assets that are separately invested, all restricted endowment assets are invested in the investment pool on a pooled basis until allocated for spending. As a result of this interpretation, the Foundation classifies permanently restricted net assets as assets that, under the terms of the gift instrument, are permanent endowments not wholly expendable by the Foundation on a current basis until a portion is allocated for spending. Permanently restricted assets are invested in perpetuity in the investment pool subject to periodic spending allocations where a portion of the donor-restricted endowment fund in permanently restricted nets assets is allocated and classified as temporarily restricted net assets available for spending. The investment pool also includes donor-restricted funds and board designated funds classified as temporarily restricted net assets, not specifically designated as permanently restricted endowment funds but they are restricted and designated for a particular purpose of Western State College. The Foundation classifies these funds as temporarily restricted net assets and the related investment return as unrestricted assets. There are certain unrestricted net assets invested in the investment pool also. Based on the interpretation of the investment policy and UPMIFA, the total return of the endowment investment pool including appreciation, depreciation, income, expenses and fees shall be included as part of the temporarily restricted net asset classification.

-1424


Endowment Spending Policy: In accordance with UPMIFA the Foundation considers the following factors in making a determination to appropriate and allocate assets for spending or accumulate assets of an endowment funds: 1. 2. 3. 4. 5. 6. 7.

The duration and preservation of the fund The purposes of the Foundation and the endowment fund General economic conditions The possible effect of inflation and deflation The expected total return from income and the appreciation of investments Other resources of the Foundation The investment policies of the Foundation

According to the spending policy, the Foundation is not obliged to allocate for spending a stated percentage of its endowment assets in any given year. However, in order to achieve both reasonable stability in budgeting and a reasonable balance between near-term and distance programmatic priorities, the board has adopted the following spending policy: The allocation for spending in any given fiscal year shall equal: • 70% of the inflation rate (three year trailing average), plus, • 30% of the endowment’s investment returns (three year trailing average). This rate shall be applied to the market value of the endowed account (three year trailing average) not including gifts made in the current fiscal year (to allow those new gifts to accrue interest). The corridor (or parameters) of the distribution from year to year will be between 3.5% and 6.5%, with the caveat that the Foundation Board’s distribution committee may, with all available information, have the discretion to adjust slightly the distribution rate for a given year depending on short/long term needs of the College and the anticipated near-term trends in anticipated inflation and investment returns, consistent with the Foundation’s Investment/Distribution Goal Statement. The only exception to this policy shall be for endowment distributions tied directly to a faculty member’s salary, such as an endowed chair. In this case, every effort will be made to hold these distributions already at 5% annually. The spending allocation rate was 3.67% for the year ended June 30, 2009. The total endowment spending allocation distributed for the years ended June 30, 2009 and 2008 was $506,283 and $398,287 respectively. Return Objectives and Risk Parameters: The Foundation’s return objective is to preserve and if possible enhance the purchasing power of its endowment, net of cost and board-approved withdrawal, over the long-term. The goal is the pursuit of a time-weighted net return on endowment assets that equals, and if possible exceeds, 6% over the long-term. The Foundation stands prepared to incur risks consistent with its pursuit of the return objective set forth above. Its endowment investment pool should be deployed monthly in common stocks, exchange traded funds that invest in common stocks, and bonds. Investments in a single issuer, with the exception of the U.S. Government and its agencies (including GNMA, ENMA, and FHLMC), may not exceed 5% of the total market value of the endowment funds. No more than 5% of the total endowment assets may be rated below investment grade. Venture capital, private equity partnerships or other illiquid investments are limited to 5% total endowment fund assets.

-1525


The following table is the changes in endowed net assets for the fiscal year ended June 30, 2009: Unrestricted Endowment net assets, June 30, 2008 Investment return Contributions Transfers Appropriation of endowment assets for expenditure Endowment net assets, June 30, 2009

$

$

-(2,647,633) ---(2,647,633)

$

$

Temporarily Restricted (303,517) --(2,737) (725,057) (1,031,311)

Permanently Restricted $ 13,962,945 -249,404 (152,085)

$

-14,060,264

The following table is the changes in endowed net assets for the fiscal year ended June 30, 2008:

Unrestricted Endowment net assets, June 30, 2007 Investment return Contributions Transfers Appropriation of endowment assets for expenditure Endowment net assets, June 30, 2008

$

--

----

Temporarily Restricted $ 873,517 (731,823) -231,132

Permanently Restricted $ 10,678,750 -3,726,688 (422,493)

(676,343) (303,517)

-13,962,945

-$

--

$

$

Funds with Deficiencies From time to time, the fair value of assets associated with individual donor-restricted endowment funds may fall below the level that the donor or UPMIFA requires the Foundation to retain as a fund of perpetual duration. In accordance with GAAP, deficiencies of this nature that are reported in unrestricted net assets were $2,647,633 as of June 30, 2009. These deficiencies resulted from unfavorable market fluctuations that occurred after the investment of permanently restricted contributions. There were no such deficiencies as of June 30, 2009. The continued appropriations for certain programs that were deemed prudent by the Board of Trustees and in accordance with UPMIFA, caused deficiencies in temporarily restricted assets of $1,031,311 and $303,517 as of June 30, 2009 and 2008, respectively. Note 16 – Subsequent Events College Center Project In September 2008 the Board of Directors of the Foundation voted to participate in the funding of a new dining hall, student union and theater for the campus. The Foundation’s share of the project is a commitment of $6,000,000 and a future potential commitment up to additional $13,900,000. The entire project is funded by a $19,535,000 bond issue and the balance of the $28,034,130 project will be funded by the College. The Foundation closed on a $6,000,000 bond issue on October 15, 2009 (relating to its share of the project) which is due October 15, 2014. Construction has begun and the project is expected to be completed in November 2010. The Foundation entered into a Memorandum of Agreement that allows the Foundation to purchase approximately 18,000 sq feet of the center under the terms of a condo -16-

26


agreement that was executed on October 15, 2009. The Foundation under the terms of the Memorandum of Agreement has the right to purchase additional condo space up to the $13,900,000 or approximately 40,000 sq feet. The foundation has to October 15, 2014 to complete its additional commitment. If the Foundation fails to pay its debt service on the bonds the condo units will not be deeded to the foundation in relation to the amount not paid. Subsequent events have been evaluated to the date the financial statements were available for issuance.

27


The following individuals, corporations and foundations made gifts in Fiscal Year 2009 (July 1, 2008 to June 30, 2009). Every attempt was made to accurately cite each donor. Please notify the Foundation of any corrections. Your most recent gift may not be reflected here if made on or after July 1, 2009 (we look forward to recognizing your gift in our next issue).

The Benefactor’s Club ($100,000 to $999,000) *Robert Little Phoenix, AZ *Luftseben Gunnison, CO

The Platinum Club ($50,000 to $99,000) Anonymous - 1 Daniels Fund Denver, CO Craig and Charlotte Haase Gunnison, CO

The Summit Society – Gold ($25,000 to $49,999) Louie and Dorsey Carleo Pueblo, CO Gunnison County Colorado Gunnison, CO The MacAllister Foundation Crested Butte, CO Martin Maslonka Stateline, NV Ty Petway Jacksonville, FL St. Mary Land & Exploration Company Denver, CO Stephen and Sarah Trippe Traverse City, MI *Malte and Pam vonMatthiessen Almont, CO

The Summit Society - Silver ($10,000 to $24,999) Boettcher Foundation Denver, CO Steven Borick Van Nuys, CA City of Gunnison Gunnison, CO *Chip and Robin Creager Aurora, CO Denver Foundation Denver, CO The Energy Cup Greenwood Village, CO *Donna Faulkner Crawford, CO Evelyn Haley Grand Junction, CO *Roy and Doris Hood Seabrook, TX J & W Catering Gunnison, CO KEJJ FM 98.3 Gunnison, CO KUBC-AM/KKXK-FM Radio Montrose, CO LIATIS Foundation Houston, TX MDU Resources Foundation Bismarck, ND Greg and Monica Mikesell Wichita, KS Mabel Musgrave Centennial, CO Pepsi-Cola Company Montrose, CO *David and Maxine Pierce Farmington, NM Questar Corporation Salt Lake City, UT John and Lois Roberts Grand Junction, CO Ed and Marguerite Rule Walnut Creek, CA

Walter and MaryJane Scherr Kingwood, TX Thompson Creek Metals Gunnison, CO Whiting Oil & Gas Corporation Denver, CO *Pat and Janet Wiesner Castle Rock, CO Yellow Book Cedar Rapids, IA

The Summit Society ($5,000 to $9,999) A & E Kaplan Foundation Shelbyville, IN David and Patricia Balkenbush Fruita, CO Nathan Bilow Photography Crested Butte, CO *Chicago Vessel Fueling Company Clare, MI Crested Butte Printing Crested Butte, CO Craig Dolinsky Tulsa, OK Glenn and Eva Dubin New York, NY El Pomar Foundation Colorado Springs, CO Elk River Construction Pagosa Springs, CO *Stanley Elmaleh White Plains, NY Valerie Hastings and Stephanie Day Golden, CO *Jay and Dawn Helman Gunnison, CO *Jeffrey and Karen Holway Deerfield, IL Jeane D. Fair Charitable Trust Denver, CO John Roberts Motor Works Gunnison, CO Main Street Gym Gunnison, CO Marius Corp Vail, CO Richard and Mary Marquardt Cedar City, UT Bill and Monica McKenny Marquette, MI The Chris Mikesell Foundation Clearwater, KS Ken and Barbara Moffitt Crested Butte, CO James Nauman San Diego, CA *New York Community Trust New York, NY Nunn Construction, Inc. Colorado Springs, CO *Jim and Sue Oates Gunnison, CO Petro-Canada Resources (USA), Inc. Denver, CO Quality Inn Gunnison, CO Steve and Paula Reynolds Broomfield, CO Bob and Margo Riggan Wenatchee, WA Sun West Sports Stockton, CA Ted and Martha Violett Gunnison, CO Dan Warner Centennial, CO Water Wheel Inn Gunnison, CO 28 30

Wells Fargo Bank, N. A. Minneapolis, MN Western State Dining Services by Sodexo Gunnison, CO

The “W” Mountain Society ($2,500 to $4,999) The 1% Club* (These donors gave 1% of the Annual Fund goal of $400,000) Jake and Mary Accola Colorado Springs, CO Alpine Lumber Company Crested Butte, CO Alpine Orthopaedics & Sports Medicine Gunnison, CO Bank of the West Gunnison, CO Rick Bettger Steamboat Springs, CO The Bilby Foundation Ardmore, OK Thomas and Rosalind Buffaloe Escodido, CA Comfort Inn Gunnison, CO DAPL Scholarship Fund, Inc. Denver, CO Bob and Media Dawson Horseshoe Bay, TX Peter and Cathy Dea Golden, CO Delta Implement Montrose, CO Denver Association of Petroleum Landmen Denver, CO FCI Constructors, Inc. Grand Junction, CO Gunnison Arts Center Gunnison, CO Gunnison Country Guide Service Gunnison, CO Gunnison Country Times Gunnison, CO Hansen Weather Port Delta, CO Holiday Inn Express Gunnison, CO The Insurance Center Montrose, CO IR Charitable Foundation Montvale, NJ KPKE Radio Gunnison, CO Andy and Heidi Keck Gunnison, CO Peter and Julie Kirchhof Aurora, CO Patti Burritt Locke Englewood, CO Bob Lowe and Cynthia McNeill Crested Butte, CO *Michael and Kathy Lutito Lakewood, CO Kirk Martinez Bismarck, ND McDonald’s of Gunnison Montrose, CO Mountain Fireplace Specialists, Inc. Gunnison, CO Richard and Belva Moyle Ogden, UT Ol Miner Steakhouse Gunnison, CO Palisades Restaurant & Saloon Gunnison, CO The Paper Clip Gunnison, CO *Don and Donna Prosser Denver, CO


Ethel Rice Gunnison, CO Royal Gold, Inc. Denver, CO Fred and Valerie Schmalz Gunnison, CO George and Alma Sheff Colorado Springs, CO The Sign Guys & Gal!, Inc. Gunnison, CO John and Nancy Sowell Gunnison, CO Jim and Leigh Terbush Manitou Springs, CO Three Rivers Resort Almont, CO Treads ‘N’ Threads Gunnison, CO Frank and Jo Visconti Trinidad, CO *Jyl Voss Lone Tree, CO

The President’s Club ($1,000 to $2,499) Anonymous - 3 AAUW Gunnison, CO Gary and Dora Alstatt Grand Junction, CO Bob Arnold Gunnison, CO Charles and Tammy Bailey Longmont, CO Guy and Connie Barr Carlisle, PA BB Services Colorado Springs, CO B & B Printers Gunnison, CO B & H Sports Grand Junction, CO Reid and Susan Bicknell Broomfield, CO Blue Mesa Lumber Company Gunnison, CO Dick and Donna Bratton Gunnison, CO Bratton Hill, LLC Gunnison, CO Tom and Cherie Burggraf Gunnison, CO Cliggett & Associates, PC Gunnison, CO Tom and Carolyn Corbett Ladera Ranch, CA Donald Covey Peoria, AZ Crested Butte Musical Festival Crested Butte, CO Joseph Curtis Del Mar, CA Dalby, Wendland & Company, PC Grand Junction, CO Jason and Christy Davis Flushing, MI Glen DeBroder Winston-Salem, NC Desert Schools Federal Credit Union Phoenix, AZ Patrick Dougherty Arvada, CO Dove Graphics Gunnison, CO Drake Woods of Gunnison Gunnison, CO Bob and Cindy Drexel Gunnison, CO Embroidered Sportswear Company Crested Butte, CO

Encana Oil & Gas (USA), Inc. Denver, CO Doug Faulkner Enid, OK Robert Fox Highlands Ranch, CO Jeff and Laurie Garren Gunnison, CO Gene Taylors Sporting Goods Gunnison, CO Gentle Dental Care Gunnison, CO Donald and Janet Gerardi Midlothian, VA Global Shelters Weatherport Gunnison, CO GreatLand Log Homes Gunnison, CO Carol Greenlee Gunnison, CO Lewis and Susan Grover Boulder, CO Darrel Hafling Arvada, CO Christine Cummings Hall Richmond, VA Halliburton Foundation, Inc. Houston, TX George and Rosemarie Hamblin Golden, CO John Hansen Hendersonville, NC Virginia Harris Gunnison, CO Fred and Leta Haverly Gunnison, CO Larry and Patty Hayes Thousand Oaks, CA Larry Heesch Littleton, CO Ken Heuer Denver, CO High Mountain Liquor Gunnison, CO James and Karen Hill Castle Rock, CO William and Mary Hodges Pueblo, CO Jan and Katherine Horak Tofte, MN Jacob Howes Denver, CO John and Helen Hudson Pueblo, CO Independence Tube Corporation Chicago, IL Island Acres Motel, Inc. Gunnison, CO Don Jackson Houston, TX Merl and Barbara Jacobsen Littleton, CO Glen Jammaron Glenwood Springs, CO Michael and Cheryl Johnson Burleson, TX Michael and Mari Johnson Malibu, CA Robert and June Just Englewood, CO Kellogg’s Battle Creek, MI Gerald and Lois Kiefer Aurora, CO John and Georgie Kincaid Gunnison, CO King Soopers/City Market Cincinnati, OH David Kirvin Las Vegas, NV Phil and JoAnn Klingsmith Gunnison, CO Kathy Kregel Fort Collins, CO Liquid Investments, Inc. San Diego, CA Lloyd Appraisal Services Gunnison, CO Arthur Malovich Tampa, FL

Evelyn Manierre Worcester, MA Mario’s Pizza and Restaurante Gunnison, CO Sandra Mark Gunnison, CO Dennis McCurry Louisville, TN David McEntire Las Vegas, NV John McGovern Denver, CO Michael and Linda McGrath Cincinnati, OH Richard Meyers Armonk, NY Marshall and Lyria Miller Bremerton, WA Misty Mountain Floral Company Gunnison, CO Mountain Surfaces Gunnison, CO Scott and Monica Newman Gunnison, CO Robert and Mary Jane Nixon Houston, TX Thomas and Nancy O’Hara Malvern, PA Ben Oneal Leesville, LA Daniel and Jeanne O’Shaughnessy Englewood, CO Bruce Otten Littleton, CO Pat’s Screen Printing Gunnison, CO Boyd and Sharalee Pederson Gunnison, CO Phillip and Joan Perkins Pitkin, CO Charles and Sherryl Peterson Gunnison, CO Piezan’s New York Pizzaria Gunnison, CO Pete and Janet Pisciotta Glendale, AZ Rex Industries Golden, CO Gregg Rippy Glenwood Springs, CO Matt and Denai Robbins Gunnison, CO

“The language of a loving deed is understood by every heart.” 29

– Josephine Robinson


Rocky Mountain Frames & Trophies, Inc. Gunnison, CO RSC Equipment Rental Gunnison, CO Bill and Eleanor Rusler Pueblo, CO TJ Sardy Anchorage, AK George and Pam Shaeffer Eagle, CO Shell Matching Gifts Princeton, NJ Spallone Construction Gunnison, CO Sports World La Junta, CO Jim and Linda Squirrell Cimarron, CO Christopher and Maureen Stenger Crested Butte, CO Robert Swain Colorado Springs, CO Terry and Judy Sweet Grand Junction, CO Timbers Sports Bar Gunnison, CO Richard and Joanie Todd Centennial, CO Robert and Betty Jo Todd Dickinson, ND David and Melinda Tredway Palisade, CO The Trough Gunnison, CO True Value Gunnison, CO UNISA Englewood, CO United Companies Grand Junction, CO Ted and Martha Violett Gunnison, CO Mark Voss Wausau, WI Jim and Rachel Wallace La Junta, CO Wal-Mart Foundation Bentonville, AK Jonathan Wente Denver, CO Western Lumber, Inc. Gunnison, CO Wet Grocer Gunnison, CO Cary and Debbie Wheeland La Mirada, CA Todd and Laura Wheeler Castle Rock, CO Jeff and Danna Wiepking Englewood, CO Williams Engineering Gunnison, CO James Wilson Lakewood, CO Leland and Mary Wines Benicia, CA Peter Winograd Albuquerque, NM WSC Bookstore Gunnison, CO David Yost La Canada-Flintridge, CA Nona Zahradka Gunnison, CO

The Partners’ Club ($750 to $999) Cabot Oil & Gas Corporation Houston, TX Clay and Keely Campbell Lakewood, CO Janie Chermak Albuquerque, NM Denver Mineral Royalty Company, LLC Greenwood Village, CO Sam Downing Salida, CO E & E Enterprises, Inc. Gunnison, CO El Paso Floor, Inc. Colorado Springs, CO Gunnison Bank and Trust Company Gunnison, CO Gunnison Vitamin & Health Food Store Gunnison, CO High Country Garage Doors Gunnison, CO Monty’s Auto Parts Gunnison, CO Mountaineer Electric Gunnison, CO Frank Nails Las Vegas, NV Parish Oil Company, Inc. Montrose, CO Shondeck Financial Services Gunnison, CO

Wilderson, O’Hayre, Dawson & Frazier Wilson Associates Realty

Gunnison, CO Gunnison, CO

The Collegian’s Club ($500 to $749) Mary Kay Arbuthnot Palm Desert, CA Robert and Susan Beeken Stevens Point, WI David Beezley Cedaredge, CO Jeffrey and Lesa Bennett Casper, WY Gene Bower Tucson, AZ Lois Brinton Aurora, CO

Nancy Menan Golden, CO James and Teresa Peay Denver, CO Gaar Potter Denver, CO Joe and Kim Puchek Gunnison, CO Samples Carpentry Service Brush, CO Ray and Dee Schumacher Naperville, IL Daniel Schuster Gunnison, CO Scitor Corporation Herndon, VA Bret Shaw Greeley, CO Anne Steinbeck Gunnison, CO Mark Stewart Highlands Ranch, CO Tomichi Tire – Towing Service Gunnison, CO

“Never measure your generosity by what you give, but rather by what you have left.”

– Fulton J. Sheen

Al Caniff Gunnison, CO Julie Ann Coleman Durango, CO Carol Coon El Cerrito, CA Linda Crouse Durango, CO O. Kay Dalton Greeley, CO Gene and Therese Dayton Breckenridge, CO George and Peggy Delaney Castle Rock, CO Brian and Janice DeMoss Hernando, FL Timothy and Kathleen Dills Potomac Falls, VA Fidelty Charitable Gift Fund Cincinnati, OH Thomas and Mary Ann Fremgen Golden, CO Fullmer’s Ace Hardware Gunnison, CO Ronald Lee Goodrich Pueblo, CO James Grieve Pueblo, CO Gunnison Excavation and Septic Service Gunnison, CO James Hahn Gunnison, CO B. E. and Kaye Haldorson Colorado Springs, CO Ann Hunt Hieronymus Colorado Springs, CO Bruce and Jane Humphries Greenville, DE The Insurance Center Gunnison, CO Jenkins & Jenkins Rentals Montrose, CO Jim and Dee Mahaffey Anchorage, AK Margaret Masias Pueblo, CO Leland McGill Denver, CO Michael and Mary McVay Hobbs, NM 30

Phillip Virden Greg and Gloria Waggoner John and Barbara Walker Chris Wilde Blair Woodall

Lake City, CO Gunnison, CO Tucson, AZ Grasonville, MD Dallas, TX

The Crimson & Slate Club ($250 to $499) Mark Acker Bellevue, ID Jon Ake Lakewood, CO Kristi Akers North Zulch, TX Tim and Wendy Albers Gunnison, CO Gerald Ballard Jackson, CA Leslie Barnett Broomfield, CO Samuel Barney Aspen, CO William Bennett Denver, CO Berfield’s Stage Stop Gunnison, CO Borah-Borah Petroleum, Inc. Casper, WY Vicky Brooks Littleton, CO Donald and Sharlene Bruns Marion, IN Barbara J. Busey Las Animas, CO Steven Bussey Littleton, CO Glenn, Leila and Shane Calkins Gunnison, CO Shane Carwin Greeley, CO Lucille Caughron Sequim, WA Art Chalmers Louisville, KY Hap and Narcissa Channell Gunnison, CO Carl Clay Montrose, CO


Ken, Tracey and Connor Coleman Gunnison, CO Paul and Sharon Crook Mancos, CO Joseph and Gwen Danni Gunnison, CO Jean Decker Gunnison, CO John Donohue South Strafford, VT Frank and Carol Edlin Wheat Ridge, CO Liz Fuller Gunnison, CO Bernard Gardner Honeoye Falls, NY Peter and Nancy Gauss Gunnison, CO Jim Giesler Glen Ellyn, IL Ben and Kathy Gill Littleton, CO Richard Gleason Visalia, CA

Zeta Graham Gunnison, CO Bradley Groselak Lemont, IL Gunnison Family Medical Center Gunnison, CO Gunnison Savings & Loan Gunnison, CO Gunsmoke Truck Stop Buena Vista, CO Mervin Guy Colorado Springs, CO Hair Repair II Gunnison, CO Owen Halton Denver, CO Henry R. Hansen Pen Valley, CA Dennis Hetland Fargo, ND Kevin and Caryn Hettler Newcastle, CO High Mark Electric Gunnison, CO Terry Holtzinger Denver, CO Gina Keenan-Heepke Fort Morgan, CO Keith Kicklighter Insurance Company Brunswick, GA David and Gloria Kittelson South Barrington, IL Jeffrey and Linda Krebs Montrose, CO Joan Kritzberg San Bernardino, CA Edward Kutzleb Durango, CO Zach Leigh Englewood, CO Robert Long Louisville, KY Keith Longpre Scottsdale, AZ Glenn Mallory Aurora, CO David and Bobbie Marfitano Cherry Hills Village, CO Sarah Mattern Centennial, CO

Debby McGlathery Arvada, CO Bob and Marjorie McGraw Westminster, CO Jay McMurren Gunnison, CO W. Roger Miller Casper, WY Miller Furniture Gunnison, CO Don and Tia Mills Arvada, CO Robert Mitton Ridgway, CO MMC Matching Gifts Program Princeton, NJ Cole Moulton Silt, CO Mountain Windows, Inc. Gunnison, CO Dale Myers Livermore, CA Jack Myers Troy, MI John Newman Denver, CO Bill and Stephanie Niemi Crested Butte, CO Gilbert Noice Covington, GA Nathan and Kristin Olson Colorado Springs, CO William Pero Hayden, CO Colette Perusek Gunnison, CO John and Colette Perusek Gunnison, CO John Peterson Castle Rock, CO Physiotherapy Corporation Exton, PA Bonita Ann Pilon Nashville, TN Jerry Piquette Gunnison, CO Paul and Patricia Rachlin Tarrytown, NY Recreational Equipment, Inc. Sumner, WA Edward and Dorothy Reichle Gunnison, CO Norman Reinecker Laramie, WY Walter Reinhardt Greenfield, WI Jean Reitze Walnut Creek, CA Jarral and Anne Ryter Gunnison, CO Steve and Karla Schaefer Craig, CO Henry Schoellhorn Denver, CO Bruce and Lesley Schwenger Burr Ridge, IL Leonard Silence Gunnison, CO Jim and Debra Smith Golden, CO Dennis and Joanne Snyder Pueblo, CO Alec Solimeo Gunnison, CO Trenton Staley Parker, CO Station Resource Group Takoma Park, MD Maxine Stegall Leadville, CO Patrick Stewart Gunnison, CO Ward Stone Greenville, SC William and Susan Stuller Newcastle, CO Kenner and Kaarina Swedburg Omaha, NE Anthony and Patricia Tovatt Muncie, IN Rodney Troester Erie, PA Rebecca Turner San Diego, CA James Violett Denver, CO Milton Voss Almont, CO Michael Wade Highlands Ranch, CO Barbara Wheeler Grand Junction, CO William Wilcox Belleville, WI Marilyn Wilgocki Downers Grove, IL Wendall and Sharon Williams Littleton, CO Mike and Barbara Winant Golden, CO Gerald Wing Parker, CO Frank Zanetell Gunnison, CO 31

The Cornerstone Club ($100 to $249) Anonymous - 4 Richard J. Abato Great River, NY Joan Adair Cotopaxi, CO Seth Adams Gunnison, CO Roger and Kathryn Alexander Cheyenne, WY Mary Allen Gunnison, CO Eugene and Frances Anderson Golden, CO Sydney and Wilma Andrews Independence, KS Gary and Linda Appleton Gunnison, CO JoAnn Arai Brown Gunnison, CO Victor and Laura Ast Monte Vista, CO Jerry and Sally Babbitt Lawton, OK Richard Badoian Kingwood, TX A. Wesley Bailey Gunnison, CO John Bailey Fort Collins, CO Rebecca Bails Anchorage, AK A. Robert Baker Columbia, NH James and Bonnie Baril Gunnison, CO Luke Barron Littleton, CO David Baumgarten Gunnison, CO Wayne and Charmain Bearup Colorado Springs, CO Paul Becker Sonora, CA Craig Beebe New Orleans, LA Jeremy Behling Steamboat Springs, CO Skip Bennett and Draxy Buckley Gunnison, CO Craig Bere Van Nuys, CA Jack Bergey Littleton, CO Camille Besse Gunnison, CO George and Joy Besse Gunnison, CO Douglas Best Vineyard Haven, MA Brian Bicknell Cottonwood Heights, UT Black Canyon Realty Gunnison, CO Ken and Shirley Blair Gunnison, CO Blatt Construction, Inc. Gunnison, CO Robert and Nancy Blose Wappingers Falls, NY Blue Iguana Gunnison, CO Howard Blunk The Woodlands, TX Jacqueline Haines-Bobbitt Colorado Springs, CO Steven and Cynthia Bogar Parker, CO Bryan and Karen Bomberg Steamboat Springs, CO Lorenzo Bonvicini Denver, CO Candi Borah Gunnison, CO Walter Borneman Estes Park, CO Cloyce and Deborah Bradley Nashville, TN Brass Key United Country Realty Almont, CO Erlon Broomhall Shaftsbury, VT Troy and Cheryl Brost Eugene, OR Walter Brost Colfax, WA BRRR Refrigeration & Design, Inc. Denver, CO Todd Brubaker Gunnison, CO Michael Brubeck Centennial, CO


John Brunel Golden, CO John and Emily Bruno Nashville, TN John and Barbara Burritt Hotchkiss, CO Robert and Janice Bush Centennial, CO Carrie Butchert Fresno, CA Kirk and Cathy Buttermore Newport Beach, CA Jan and Nancy Bybee Lakewood, CO Ben and Kristen Bye Craig, CO Bruce Byrd Fraser, CO Mike and Becky Cafasso Pueblo, CO Patricia Card-Van Beck Fort Collins, CO Todd and Erin Carey Omaha, NE Shaun and Suzanne Carmody Colorado Springs, CO Otto Carricato Gunnison, CO William and Nancy Cathey Katy, TX William and Janet Catlin Meridian, ID Centron Realty, Inc. Englewood, CO Tracy Cerise Lexington, KY William and Linda Chambliss Gunnison, CO Arthur Chaput Denver, CO Reuben and Julie Chavez Lake Almanor, CA Clair and Mary Jo Chermak Hotchkiss, CO Chevron Products Company Princeton, NJ Cimmaron Enterprises Grand Junction, CO Ritchie Clendenin Boulder, CO David Clifford Centennial, CO Judson and Betty Clifton Beaverton, OR Alvin and Sally Colblentz Gunnison, CO Randall Cole Denver, CO Stephanie Coleman Grand Junction, CO Marguerite Collard Grand Junction, CO Colorado Mining Association Denver, CO Colorado Specialties Gunnison, CO Patricia Coolidge West Dover, VT Costanzo Plumbing Gunnison, CO Kay Cotton Gunnison, CO Scott and Barbara Courkamp Littleton, CO Linda Cox Colorado Springs, CO Tammie Knutson Craven Los Alamos, NM Roy Crill Gunnison, CO Critter Sitters Gunnison, CO Phil and Janet Crossley Gunnison, CO Joseph Cunningham Boulder, CO Danny and Sharon Custer Hoisington, KS Richard Daerr and Karin Holmen Mt. Crested Butte, CO Barry and Patti Daniel Oak Harbor, WA Kathryn Danskin Longmont, CO Steven Daub, C.A.S.A.C. Galway, NY Donna Dayton Carpinteria, CA H. L. Deschene Aurora, CO C. E. Deyhle, Jr. Canyon, TX Franklin and Hazel Dickey Searcy, AR Sid and Audrey Dickinson Gunnison, CO Sam and Lucille Diele Merced, CA Russell Dobson Cambridge, NE James and Robyn Donahue Denver, CO Scot Donato Denver, CO

Russell and Elva Dryer Gunnison, CO Sally Duck Gunnison, CO Ann Duckett Grand Junction, CO Cynthia Dudden Arvada, CO Dale Dunbar Meeker, CO Marc Duncan Gunnison, CO Matthew Dusa Sacramento, CA Bill Dwyer Minneapolis, KS Kevin and Jessica Early Colorado Springs, CO Eddie’s Barber Shop Gunnison, CO William Edelman Sarasota, FL Mark and Lisa Ellis Centennial, CO Joe and Amy Engleman Gunnison, CO Donna Erk Louisville, CO Carrie Esquibel Gunnison, CO Derek Everett Fayetteville, AR Sandra Everett Arvada, CO Jason and Dawn Eves Sterling, CO Martha Faulkner Woodinville, WA Nick and Gwen Fears Salt Lake City, UT Spencer and Arlene Fickle Gunnison, CO Mary Esther Field Gunnison, CO Mike and Stacy Fischer Woodland Park, CO Dean and Janet Fisher Duxbury, MA Larry Fitzsimons Morrison, CO Flatiron Sports Crested Butte, CO Doug and Eleanor Flynn Gunnison, CO Patty Foose Duncanville, TX Nicholas A. Forest Centennial, CO Chad and Megan Fowler Lakewood, CO Edward Francese Paradise Valley, AZ Theresa Frank Seattle, WA Jeremy Franz Chico, CA John Franzman Centennial, CO Pamela French Gunnison, CO Jean Friedlund Grand Junction, CO Alice Fulton Gunnison, CO Rafael Galindo Coralville, IA Barbara Galvin Greeley, CO Garlic Mike’s Gunnison, CO James Gazzoli Kenvil, NJ Richard and Goldie Gilbert Buena Vista, CO Linda Glaxner Hotchkiss, CO Dan and Doris Gonzales Denver, CO William and Melynie Greaser Amarillo, TX Clea Greenawalt Gunnison, CO Scott and Pam Greenly Kersey, CO Susan Gressett Burleson, TX Buzz and Sharon Groom Cornell, IL Scott Groom Gunnison, CO Gerald Groswold Winter Park, CO Neil Grudzen Denver, CO The Guardian Rainbow Sacramento, CA Bob Guidry Rockvale, CO Gunnison Country Shopper Gunnison, CO Gunnison Muffler Gunnison, CO Gunnison Trucking, Inc. Gunnison, CO Gunnison Valley Aviation Gunnison, CO Gunnison Veterinary Clinic Gunnison, CO 32

H & H Towing and Auto Repair Gunnison, CO Lucile Hadley Cortez, CO Mary Alice Hansen Montrose, CO DeAnn Hanson Ohio City, CO Jack Hanson Gunnison, CO John Happs Broomfield, CO Bill and Mary Ann Hardy Alexander City, AL Steve and Barbara Harn Woodstock, GA Roberta Harper Gunnison, CO James and Theresa Hart Grapevine, TX Paul and Betty Hart Gunnison, CO Terry Hartnett Tulsa, OK Ginny Hayes Gunnison, CO Rene Hays Littleton, CO Healing Hands Physical Therapy, PLLC Oklahoma City, OK Ted H. Heath Ottumwa, IA James Hensen, Jr. Highlands Ranch, CO Carol Herfort Summerland Key, FL Gary and Julie Herr Eagle, CO Donald Hickman Merrifield, MN Hi-Country Laundry West Gunnison, CO High Country Cowboy Company Gunnison, CO Douglas Hill Clayton, CA Gene Hill Gunnison, CO Jeffrey Hill Temecula, CA Gary Hirsch Fort Collins, CO Vallory Hitchcock Canon City, CO Bari Hite Fairbanks, AK Henry and Carol Hoffman Lawrenceville, NJ Thomas Hogan Matthews, NC Joe and Carol Holeman Broomfield, CO Holloway Welding Gunnison, CO Karin Holmen Mt. Crested Butte, CO Glenn Hovemann and Muffy Weaver North San Juan, CA Timothy Howell Edwards, CO P.S. and Judy Hudnall Pahrump, NV Jeanne Hull Gunnison, CO Kay Hunsaker Chino, CA Skip and Virginia Hunter Montrose, CO Jeff and Wendy Huson Parker, CO Kent and Linda Ingram Littleton, CO Fred Iozzo Wayne, IL


Duke Iverson Monmouth, OR Jan’s Place Gunnison, CO Clay Jefferson Fort Lauderdale, FL John and Laurie Jensch Orlando, FL Wayne and Ann Johnson Montgomery, TX Jean Johnson Buena Vista, CO Joaquin Johnson Las Vegas, NV Ralph and Marilyn Johnson Gunnison, CO Beatrice Jones Pueblo, CO Charles and Ruby Jones Las Animas, CO Asa and Barbara Jones Glenwood Springs, CO Virginia Jones Gunnison, CO Bob and Barbara Kauffman Houston, TX Robert Kautz Sheridan, WY Lissa Kelchner Phoenix, AZ Kevin and Marcia Kelly Hockessin, DE Mary Kelly Waterbury, CT Curtis Kennedy Salt Lake City, UT Glenn Kent Alexandria, VA Brian and Mary Ketel Blaine, MN Richard and Linda Kieffer Littleton, CO John Kiesel Arvada, CO Ali and Victoria Kirtay San Diego, CA Kiwanis Club of Gunnison Gunnison, CO Ed and Cecille Klaus Madison, CT Pamela Klessing Reno, NV Robert Konrad Denver, CO Connie Knight Golden, CO Doug and Marilyn Knuth Salt Lake City, UT Erin Boydstun-Kohler Colorado Springs, CO Stephanie Kopp Steamboat Springs,CO Ronald Kovanic Randolph,VT Kroger Cincinnati,OH The Kroger Company Foundation Cincinnati,OH Steve and Connie Kruck Boone, IA John Lake Carbondale, PA Wanda Laurence Ventura, CA Frances Lenox Loveland, CO Richard Lent Concord, NH Robert Leonhardt Pine Bush, NY Terri L. Livermore Arvada, CO Kent and Pamela Long Aurora, CO Roger and Pat Long Parker, CO Kirk and Carolyn Lorimer Gunnison, CO

Mark and Rita Macomber Issaquah, WA Maine Septic & Plumbing Lewiston, ME John Malensek Gunnison, CO Curtiss and Naomi Mallory Las Vegas, NV Richard Malmgren Boulder, CO Jeanette Mann Dahlonega, GA Helen Marshall Gunnison, CO Steven and Annette Marusich Visalia, CA Alex and Nancy Mathisen Anaheim, CA Patti Matthews Woodbury, MN Berger Mayne Yellow Springs, OH John McCarthy and Melanie Torpey Gunnison, CO Bruce McClintock Englewood, CO Todd and Shelly McCoy Ignacio, CO Nancy McDaniel Denver, CO Thomas and Margaret McElroy Shreveport, LA Tom and Michelle McGannon Oklahoma City, OK Roberta Meader San Antonio, TX Bob and Shawn Meldrum Gunnison, CO Western Wildflowers Gunnison, CO Merrill Lynch & Company Foundation New York, NY Richard and Dorothy Mikkelsen Gunnison, CO Mile High United Way Denver, CO J. Bart Miller Atlanta, GA Mindy Corporation Gunnison, CO Robert and Loretta Miner Bennington, KS Mochas Drive Thru Gunnison, CO James Montgomery Gunnison, CO Allen and Trudy Moores Gunnison, CO Ellen Morgan Vancouver, WA Paul Morgan Gunnison, CO Wilson Morris Georgetown, TX Bruce Morrison and Joyce Richardson Arvada, CO Mountain Valley Distributors, Inc. Gunnison, CO Mountaineer Maintenance Almont, CO Don and Sue Mundell Gunnison, CO Mary Munoz Colorado Springs, CO Jan Munson and Kelly Trammell Kingston, OK John Murphy Erie, CO

“How long we live is important to us; how well we live is important to others; how generously we live is important to all eternity.”

– William Arthur Ward 33

Thomas and Courtenay Murphy Gunnison, CO Samuel and Karen Nelson Colorado Springs, CO Philip Newberry Grand Junction, CO Craig Nichols Colorado Springs, CO Dale and Donna Nielsen Gunnison, CO Roy Nolan Gypsum, CO Pat and Jackie Noonan Middletown, OH Bill and Carolyn Noxon Grand Junction, CO Gary Nuss Galion, OH Ronald Oakes Aurora, CO John and Mikel Obourn Edwards, CO Gary and Shyrl Ann Olinger Nelsonville, OH Nickalaus O’Neill Gunnison, CO Heather Orr Gunnison, CO Chris and Mary Osmundson Crested Butte, CO Mae Overton Gunnison, CO William and Gail Palmer Rangely, CO Dan and Kimberly Pappas Evergreen, CO Dan and Linda Pavey Anchorage, AK James and Barbara Peak Endicott, NY Dennis Pearson Canon City, CO Pekin Animal Hospital Pekin, IL Tim and Keri Perrigot Rupert, ID William and Norene Piquette La Junta, CO Emile J. Pleau Richmond, CA James and Toni Pleau Lake Almanor, CA John Pounder Monument, CO William and Kathie Powell Gunnison, CO Steven Powers Portland, OR Thomas and Shaunalee Prather Gunnison, CO Stanley and Patricia Pursley Lakewood, CO Louis Putsche Seattle, WA Thomas and Kathy Rais Gunnison, CO Red Oak Properties, LLC Gunnison, CO Mary Ann Redd Powderhorn, CO Betty Reed Englewood, CO Michael and Melanie Reid Denver, CO Paul and Dorothy Reid Gunnison, CO Alexander Rende Pelham, NY Kathryn Richardson Council Bluffs, IA Marvin and Patty Richardson Montrose, CO Mark and Colleen Richmond Frisco, CO


Carolyn Rimes Columbia, MD Michael Roark Golden, CO Rocky Mountain Chocolate Factory Gunnison, CO Roger Williams Univeristy Bristol, RI Leroy and Sally Romero Gunnison, CO Jeffrey Ryan Centennial, CO Carolyn Sanders Fort Collins, CO Steven and Lynne Santala Satanta, KS Matt and Carleen Savoren Salida, CO Jody Sawdo Gunnison, CO Samuel Schein Fort Worth, TX Thomas Schirmer Fort Collins, CO James and Karen Schlaich Bend, OR Gregory Schlepp Fresno, CA Terry Schliesman Gunnison, CO Raymond and Nancy C. Scholes Seven Hills, OH Kristie Schorr Verona, WI William and Janey Scott Gunnison, CO Michael Senter Buena Vista, CO Shamrock Farm Brush, CO Steven Shaver Golden, CO Burton Shepherd St. Augustine, FL David Sheppard Fernandina Beach, FL Gary and Diana Sherman Gunnison, CO George Sibley and Maryo Ewell Gunnison, CO Rebecca Mathis Sickles Highlands Ranch, CO Pat Smart Arvada, CO Timothy Smiley Arvada, CO Brian Smith Arlington, TX Eric Smith Manzanola, CO Kenneth Smith Ephrata, PA Lee Smith Ormond Beach, FL Melanie Smith Denver, CO Robert and Lucille Snyder Wheat Ridge, CO Kelly Soder-Blackman Longmont, CO Marty Somero Gunnison, CO Todd Southall, D.D.S. Gunnison, CO Kay Spencer Buena Vista, CO Donna Spier Brighton, CO Travis Spore Tucson, AZ David Spritzer, M.D. Twin Falls, ID Dennis and Cheelone Spritzer Gunnison, CO Donald Spritzer Missoula, MT Todd Sprong Kennewick, WA Starr & Associates, P.C. Crested Butte, CO State Farm Insurance Agent Gunnison, CO Corey Sterner Denver, CO David and Barbara Stewart Colorado Springs, CO Gail Stewart Greeley, CO Jeffrey Stewart Littleton, CO Ronald Stoneburner Grand Junction, CO Allen Stork Gunnison, CO George and Caroline Stowell Gunnison, CO Thomas and Lynn Strickland Englewood, CO Gary and Maureen Stull Torrington, WY Richard Sullivan San Rafael, CA

Sunshine Apartments Gunnison, CO Gary and Muriel Swallow Rifle, CO Tina Swift Gunnison, CO William and Carolyn Swift Amherst, NH Tom Swineford Gunnison, CO Sandra Szadaj Glen Allen, VA Ray and Loretta Szallar Gunnison, CO John Talbert Gunnison, CO Talk of the Town Crested Butte, CO F. Doug Taylor Winnemucca, NV Carl and Jenny Teply Gunnison, CO Beverly Tezak Pueblo West, CO James and Erin Thielke Aurora, CO

“Philanthropy is the utilization of community resources for win-win situations.”

– Unknown

Duane Weisshaar Sioux Falls, SD Welborn and Associates Gunnison, CO Todd Wendell Sioux Falls, SD Gene West Foxfield, CO Western Slope Fire and Safety Gunnison, CO Donald and Gwendolyn Wheatlake Thornton, CO David White Aurora, CO Vern and Nell Whiting Gunnison, CO Robert Wilcze Grand Junction, CO Karan Wilkinson Monte Vista, CO William J. Nesbitt Enterprises Gunnison, CO Cohen and Leah Williams Crested Butte, CO Joe and Sheila Winegardner Northfield, MN Winston Law Firm, PC Colorado Springs, CO Richard Wojdakowski Gunnison, CO Lenard Wojnowski Longmont, CO John Wolkowski Jewett City, CT Oliver Woods Denver, CO Ted Worth Erie, CO Ed and Ruth Woytek Denver, CO Peter Wycoff Denver, CO Y3K-TRI-MILLENNIUM, INC. Los Angeles, CA Yale Commercial Rental Account Gunnison, CO

The Commencement Club Lowell and Sonja Thill Bourbonnais, IL W. D. and Paula Thompson Charlottesville, VA William and Doris Thorsen Petaluma, CA Timothy and Katherine Throckmorton Kintnersville, PA John and Julie Tobin Highlands Ranch, CO Richard Tomsick Arvada, CO Adam Tormey Edwards, CO Bob and Edna Trammell Gunnison, CO Latricia Trammell Gunnison, CO Harry Truitt Franktown, CO Ernest and Judy Trujillo Hutchinson, KS James Tully Littleton, CO Sharon Turner Salida, CO Julius Uhrlaub Littleton, CO Jon Untiedt Denver, CO Miles and Tonya Van Hee Gunnison, CO Ralph Vavak Cortez, CO Dana Veitch Morrison, CO Wendy Verdun Lakewood, CO Stephen Vickstrom Castle Rock, CO Shirley Vidmar Kingsport, TN Jan Visintainer Reston, VA Gregory Warneke Denver, CO Robert and Joann Watson Littleton, CO James and Carol Weaver Chula Vista, CA Richard Weiss and Sally Altman St. Louis, MO William Weisemann Spring, TX 34

($1 to $99) Anonymous - 2 5 B’s BBQ Gunnison, CO Duane Ahrens West Des Moines, IA Mark and Kay Alden Bryn Athyn, PA Edward Ali Los Alamos, NM Michael Allen Davis, CA Thomas Allen Meeker, CO Sheri Archer Upland, CA Mark and Tina Aschemeyer Rocklin, CA Anna Ash North Bend, WA Piper Aune Fort Collins, CO Gregory Austin Gunnison, CO Daniel Anthony Bacon Valencia, CA Ryan Baily Chadron, NE Karen Baird Greeley, CO Harold Baker Aurora, CO Mike Baldino Salida, CO Josh and Jennifer Barcher Keystone, CO Christopher and Catherine Barnes Denver, CO John Barolak St. Louis, MO Richard and Christina Barusic East Aurora, NY James and Sharon Beiriger Hooper, CO Robert Belknap Winchester, WI Jerry Beren Highlands Ranch, CO Gimo Berry Fort Smith, AR Theodore Billings Aurora, CO Ted Anderson and Robin Bingham Gunnison, CO Phil Bissell Denver, CO


Christopher Blakeslee Centennial, CO Mark and Sandra Bodley Los Banos, CA Mary and Lynn Bopp Estes Park, CO Susan Boyd Centennial, CO Donald Bradshaw Mesa, AZ Edmond Bridewell Grand Chain, IL Rita Bright Hesperus, CO Joseph and Betty Brooks Peoria, AZ Kenneth and Wanda Brown Morgan Hill, CA Robert Brown Dumfries, VA John and Kathy Burns Colorado Springs, CO Karen Burns Boulder, CO Michael and Maggie Burns Somis, CA Jack Burrow Nipomo, CA Richard Burtis Westminster, CO David Butler Boulder, CO Carolyn Buxton Erie, CO Don and Reta Calkins Gunnison, CO Melba Card Palo Alto, CA Fredi Cary Tampa, FL Michael and Jamee Case Gunnison, CO Frank and Jamie Cavalier Goodyear, AZ Melvin and Sharon Cave Gunnison, CO Paul Chandler Athens, GA Charles Rowan Company, LLC Denver, CO Bruce Chavka Eugene, OR Ruth Cheskaty Grand Junction, CO Kevin Chiaravalle Monte Vista, CO Mary Clark Cottage Grove, OR Clarke Agency, Inc. Gunnison, CO Lloyd and Karen Claycomb Broomfield, CO Colorado Gym/Colorado Fitness Gunnison, CO Ronda Connaway and Martha Gentry Gunnison, CO Kevin and Christina Contreras Eaton, CO Scott Cooper Erie, CO Lawrence and Colleen Cope Fort Collins, CO Lois Cotton Hotchkiss, CO Shirley Cotton Crawford, CO Augustus and Deborah Craigo Centennial, CO Helen Creglow Rhinelander, WI Scott Cromwell Arvada, CO Natalie Davenport Olympic Valley, CA Joseph Davis Colorado Springs, CO Karol Dennis Cottonwood, CA Kitty DePetris Dallas, TX Don Dillehay Brush, CO Jennifer Drew West Falls, NY Bob and Cindy Drexel Gunnison, CO Jim Dryden Fort Collins, CO Mary Eaton Dubuque, IA John Eddy Colorado Springs, CO George Eidinger Las Animas, CO Barry Erb Ephrata, PA Patricia Eskoz Castle Rock, CO Jerry Fahey Williamsville, NY Fred and Harriette Ferguson East Setauket, NY

Jason Fincham Colorado Springs, CO Dianne Ford Centennial, CO Gail Ford Saratoga, WY John Fridrich Estes Park, CO Teresa Funke Watauga, TX Samuel Gallinger Walnut Creek, CA David and Pia Gardner Tacoma, WA Max and Nancy Garner Guernsey, WY Martha Gentry Gunnison, CO George George Sunrise, FL Robert and Anne Gerhardt Cincinnati, OH Paul H. Gery Gunnison, CO Abigail Gibney Bradford, RI George Gibson Lincoln, NE Charlene Reed Eads, CO Elsa Gipson Colorado Springs, CO Peggy Gist Denton, TX David Goetzman Alamosa, CO James and Rebecca Gomez Havre, MT Michael and Dianne Gonzer Englewood, CO Donald Graham Gunnison, CO Ruth Granat Palisade, CO William Grasmick Lamar, CO Matthew and Roxann Greenlee Cheyenne, WY R. A. and Frances Greenlee Cheyenne, WY Stephen and Beatrice Gregg Southlake, TX William Griffith Denver, CO Jan Grudzen Royal Oak, MI Juanita Guilmette Canon City, CO Rollo and Cynthia Gurss Lubbock, TX Delia Haefeli Greeley, CO Charles and Stephanie Haitz Colorado Springs, CO Donna Hall Longmont, CO John H. Hansen, Jr. Oklahoma City, OK Glena Haskin Center, CO William and D. Lynn Hatch Windsor, CO Jay and Kimberly Hawks Parsons, KS Chester Heaney, Jr. Federal Heights, CO James Heil Fairplay, CO Scott Helker Golden, CO Celeste Helminski Gunnison, CO Arleen Hernesmaa Milwaukie, OR Bruce Herr Montrose, CO Peter Herzberg Corning, NY

35

Stephen Hill Ridgway, CO Richard Hime Pueblo, CO Sister Mary Himens Champaign, IL Donald and Swanda Hinson Paonia, CO Colleen Hogan Decatur, GA Carol Hogsett Santa Fe, NM Glenn Honda Honolulu, HI Ronald Hood Tempe, AZ Adam and Holly Howard Cambridge, VT James and Patricia Hunt Wadsworth, OH R. Lavone Hurt Palisade, CO Interlink Biotechnologies Princeton, NJ Beth Isaacs Superior, CO John Jaakkla John Jackson Skagway, AK Janis Jacobs Creede, CO Donald and Elizabeth Janney Mt. Crested Butte, CO Harvey and Bobbie Jensen Cedar City, UT Christopher Joas Pensacola, FL Dennis Johanningmeier and Monica Ames Highlands Ranch, CO


Bonnie Johnson Colorado Springs, CO Janet Johnson Grand Junction, CO Roger Johnson Leadville, CO Scott and Melenna Johnson Colorado Springs, CO Clyde and Carol Jones Denver, CO Margaret Keenan Denver, CO Susan Kern Boulder Junction, WI Dan Keyes Kettering, OH Kathleen Kinkema Gunnison, CO Theodore Klinka Winnetka, IL Kenneth and Diane Knapp Las Cruces, NM Jerry Knox Lakewood, CO Deborah Krabacher Grand Junction, CO Scott and Nancie Krankkala Hailey, ID Joseph Kropf Centennial, CO Suzanne Larkowski Grand Junction, CO Gordon and Sylvia Lell Moorhead, MN Barbara Liddy Mission Viejo, CA Stuart and Debra Lienemann Parker, CO Roberta Lilly Washington, DC Betty Lowe San Rafael, CA Gregory and Kerry Lucero Littleton, CO Emily Luchetta Denver, CO Vivian Lutschg Lancaster, CA Lloyd and Carolyn Lutz Canon City, CO Betty Lynch Pueblo, CO Macy’s West G.I.F.T. Princeton, NJ Patrick Magee Gunnison, CO William Mallory Hugo, CO Don and Pat Marcouiller Wakefield, MI George Maruyama Dubuque, IA Robert Massard Wellesley Hills, MA Robert Matarese Vail, CO Mike McCarthy Gunnison, CO Michael and Sheryl McConnell Berthoud, CO Keith and Donna McCoy Tyler, TX Robert and Sue McCulloch Montrose, CO Larry McDonald Rocklin, CA Robert and Arlene McGarvin Austin, CO Margie McGrane Fort Collins, CO Don and Marian McLaurin Hot Springs Village, AR Dolores McLean Ames, IA Mark and Anne McMullen Littleton, CO Vicki McNamara Portland, OR

David Meissner Fort Benton, MT Janette Metroz Parlin, CO Duane Mikow Colorado Springs, CO Leland and Peggy Miles Klamath Falls, OR Alexis Miller Palmer Lake, CO Dale Miller Colorado Springs, CO Edna Hall Miller Grand Junction, CO Ralph and Marsha Miller Montrose, CO Gene Minnich Houston, TX Romona Mitchell and Sharon Crook Mancos, CO John Molello Pueblo West, CO Lester and Martha Moore Denver, CO Patricia Moore Broken Arrow, OK Kenneth Mulmat Poulsbo, WA Patricia Mytton Wausau, WI Robert Nelson Morton Grove, IL Nelson’s Cattle Company La Junta, CO Donna Nicholas-Griesel Coaldale, CO Robert and Nancy Nuttelman Colorado Springs, CO The Ohio Valley British Brass Band Springfield, OH Brian O’Neill Littleton, CO Kenneth and Phyllis Opfer Gunnison, CO Gerald O’Rourke Grand Junction, CO Richard O’Rourke Pueblo West, CO Donald Oshel Rancho Cucamonga, CA Steven Otopalik Avon, CO Jack and Mary Ann Ott Mancos, CO Frank Oyster Gunnison, CO Lynn Padgett Montrose, CO V. Hope Painter Grand Junction, CO Bruce Parham Anchorage, AK Kathleen Parker La Junta, CO Sharon Patterson Syracuse, UT John Pearson Kimberly, WI William and Jeanne Perry Greeley, CO Steven and Margaret Petersen Ashburn, VA John and Jan Peterson Mesa, AZ Peggy Petty Sacramento, CA Vicky Piccola Dallas, TX C. Dan Pierce Colorado Springs, CO Gary and Shelly Pierson Gunnison, CO Yvonne Piquette Grand Junction, CO Steven and Ann Pollard Oklahoma City, OK

Megann Powell Gunnison, CO Lynette Proffitt Las Vegas, NV Robert Pugel Pueblo, CO James Quesenbery Boulder, CO L. Willadell Radcliffe Gunnison, CO Clyde Rader Jacksonville Beach, FL Bonnie Ragan Colorado Springs, CO Keith Raley Oakland, CA Virginia Rankin Florence, CO Kathleen Ranney Cypress, TX Kathleen and Darrell Ray Sedalia, MO Raymond James Financial Services, Inc. Gunnison, CO Barbara Reaves Franktown, CO Robert Rebro Lafayette, CO David Reddish Montrose, CO Parker and Vicky Reed East Aurora, NY Ramon G. Regal Alexandria, VA Clarence and Vera Reynolds Lamar, CO Frank Reynolds Chicago, IL George Riebe Mt. Pleasant, TX Connie Ring Springfield, CO Steven Ristorcelli Gardnerville, NV Audrey Robeson Bend, OR Edward and Laurie Robinson Fresno, CA David Roembach Santa Fe, NM Mark Rollert Colorado Springs, CO James and Elizabeth Roome Littleton, CO Jane Ross Gunnison, CO Bill Rumbach and Beth Finholm Rumbach Louisville, CO Hilarie Ryals Denver, CO Daniel Sager Goodyear, AZ Dan and Kay Salyer Thompsonville, MI Coletta Sanchez Buena Vista, CO Marjorie Sandoval Colorado Springs, CO Robert Saya Sedgwick, CO Ashley Schaub Longmont, CO Greg Schick Pagosa Springs, CO Donald and Nancy Schmidli Sun City, AZ Steven and Helene Schmitz Brainbridge Island, WA Ray Schoch Lakewood, CO Kevin and Debbie Schreiner Johnstown, CO Vince Schreivogel Burlington, CO Lee Seater Ashland, OR

“The act of philanthropy is a spiritual act, an expression of caring for one’s fellow human beings. It is a belief in the future – that the future can be good. It is investing in that future. It is helping to make the dream come true.” 36

– Arthur C. Frantzreb


Daniel and Susan Semegen Scottsdale, AR Donald and Betty Shearer Glendive, MT Larry and Charlotte Sheldon Raleigh, NC Patrick and Kathleen Shelton Marengo, IL Jeff and Mary Sheppard Denver, CO Clark Shivley Avon, CO Adolph Silberman Tempe, AZ Jeffrey Smith Bethesda, MD Marta Smith Gunnison, CO Norman and Susan Smith Paonia, CO Rodney Smith Monterey, TN Maxinne Soderquist Montrose, CO John Solanik Gunnison, CO Billye Spaar Lamar, CO Mike and Janet Staples Fort Collins, CO Rebecca Starr Lakewood, CO Gary and Cynthia Stefanatz Denver, CO Thomas Stepleton Louviers, CO Homer Stewart Colorado Springs, CO Stanley Stewart Beaufort, SC Marion Stoerker Lake Placid, FL Robin J. Stolp Boulder, CO Luanna Strait Aurora, CO David Swerdfeger Phoenix, AZ

Charles and Marlene Tate Montrose, CO Larry Tate Colorado Springs, CO Marlene Tate Meeker, CO Vernon Tate Huron, SD James and Sonya Thieme Elbert, CO N. C. and M.M. Thomas Cincinnati, OH Sally Thomas Broomfield, CO Tara Thomas Moorpark, CA James Thompson Grand Junction, CO Diana Thurmond Westminster, CO Rose Tocke Helena, MT Richard Todd Montrose, CO Bruno and Annette Tomaino Chatham, NJ Joseph and Marilee Torpey Pueblo, CO Trask Construction, Inc. Hailey, ID Darryl and Susan Traywick Denver, CO Valerie Trujillo Littleton, CO Edith Tuttle-Gutowski Pontiac, MI Dale Underwood Gallup, NM Patti Van Beek Fort Collins, CO Nancy Van Diepen Albuquerque, NM Garth Vaughan Pueblo, CO

Janet Vella Arvada, CO Janet Vincent Barkhamsted, CT James Vosberg Leadville, CO Mark Walker Scottsdale, AZ Mike and Joey Wallace Seneca, SC Priscilla Walsh Fripp Island, SC Gary Waneka Steamboat Springs, CO Charles Watkins Colorado Springs, CO Brett and Pam Welker Centennial, CO Dorene Wendland Colorado Spring, CO Oliver and Mary Wesley Castle Rock, CO James Whitney Albuquerque, NM Taylor Wieczorek Jones, OK James Wieger Evergreen, CO Carl Winsor Lamar, CO James and Marietta Witt Littlestown, PA Michelle Wood Littleton, CO Howard Wunker Loveland, OH Iva Jean Young Bryan, OH Carol Zadrozny-Skaer Grand Junction, CO Adam Zeidler Colorado Springs, CO Robert Zenzic Santa Monica, CA Jerry and Diane Zummach Sheboygan, WI

Western State College Foundation

Post Office Box 1264 • Gunnison, CO 81230 (970) 641-2237 • (970) 641-2239 fax tburggraf@western.edu dhoskins@western.edu Also, see our web site: http://www.western.edu/found The Foundation is the primary depository of private gifts in support of Western State College. It isresponsible for the management, investment and disbursement of charitable gifts according to donor stipulations. The Western State College Foundation, Inc. is tax-exempt under Sec. 501 (c) (3) of the Internal Revenue Code and gifts to it are deductible under Sec. 170 (b)(1)(A)(iv). Project Coordinator, Deborah Hoskins, design by Terri Lennon Murphy, WSC Professor of Art


Western State College Foundation, Inc. 909 East Escalante Drive P.O. Box 1264 Gunnison, Colorado 81230

FOUNDATION


Report of Appreciation 2008-09