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Foundation

    Overview

    Established in 1983, the Jamestown Community College Foundation, Inc., exists for the exclusive purpose of benefiting Jamestown Community College. The foundation is committed to the pursuit of excellence in education through the enhancement of academic, cultural, and social experiences for the students, faculty, and community served by the college.

    The foundation is an independent, not-for-profit organization which develops, maintains, and manages an endowment to support projects and activities deemed to be compatible, complementary, and consistent with the mission of the college.

    Funding for projects which enhance the institution mission and affect the future direction of the college in a positive, constructive way may include, but are not limited to, scholarship programs, faculty development activities, cultural events, facility improvement, community outreach services, and academic enrichment.

    By virtue of its charter, the foundation board of directors disburses funds within the parameters of the laws governing not-for-profit educational foundations and, where defined, restrictions imposed by contributors. The board of directors reserves the right to refuse a contribution which carries a proviso it deems inappropriate or inconsistent with the mission of the college or the purpose of the foundation. The finances of the foundation are subject to public audit.

    Governance

    The Jamestown Community College Foundation is a 501 (c)(3), not-for-profit corporation, with its board of directors consisting of approximately 20 distinguished community and business leaders. This volunteer board directs the activities of the foundation and ensures its funds are being used for the purposes specified by donors, or, in the case of unrestricted funds, being used in a way consistent with the mission of the college. Funds are professionally managed by an investment firm which reports directly to the JCC Foundation Board of Directors.

    Jamestown Community College

    Jamestown Community College is a multi-campus institution under the supervision of the State University of New York. The main campus is located on a 107-acre site in Jamestown, New York, in the southwestern corner of New York state. The Cattaraugus County Campus is located fifty miles east of Jamestown in downtown Olean, New York. Off-campus sites in Dunkirk, New York and Warren, Pennsylvania serve the needs of students in outlying areas.

    Founded in 1950, JCC has expanded to meet the social imperatives of transfer and career education and community service. The diversity of student life on all campuses reflects the individuality of the students who attend. The student body includes both traditional and adult learners and is divided approximately equally between full-and part-time students.

    The college maintains an open admissions policy and offers Associate in Arts, Associate in Science, and Associate in Applied Science degrees in twenty-two programs and four certificates. More than half the graduates transfer to four-year colleges and universities throughout the nation. The college has a major community outreach program which focuses on economic development and personal enrichment. Thousands of area residents are registered each year in contract and credit-free courses, seminars, and workshops.

    John D. Hamilton Society

    The John D. Hamilton Society was created in 1995 and named after long-time friend and trustee of the college John D. Hamilton. Mr. Hamilton was among the devoted community leaders who worked diligently to see Jamestown Community College chartered in 1950 as the first community college in the State University of New York. In 1954 he was appointed to the JCC Board of Trustees by Governor Thomas E. Dewey. He served in various leadership roles on the board of trustees and in 1969 served as acting president for the academic year. During the next several years, he played a significant role in the growth and development of the college. In recognition of his many years of support and dedication to the college, the JCC Collegiate Center was renamed the John D. Hamilton Collegiate Center in 1983. In September 1991, Mr. Hamilton resigned from the board of trustees, and later that fall, JCC honored him by naming John D. Hamilton the first trustee emeritus. In that capacity, he continues to serve and guide JCC today.

    Individuals may become members of the John D. Hamilton Society by donating a total of $250 or more each year to the annual fund campaign, capital campaign, memorials, or other restricted funds. Members of the JDH Society will receive special recognition in college and foundation publications, a commemorative gift, President's newsletters, invitations to special events, and an invitation to the John D. Hamilton Society annual dinner.

    Ways of Giving

    Gifts
    Gifts to the JCC Foundation may take a variety of forms according to the needs and resources of our many donors. Gifts can be made in cash or through pledges, in real or personal property, in stocks or bonds, and through bequests or other planned gifts. The JCC Foundation is registered with New York State as a charitable foundation and recognized as a 501(c)(3) organization by the Internal Revenue Service.


    Endowed Funds
    Gifts may be given on an unrestricted or restricted basis whereby only the earnings are used. The principal of these endowed funds continues in perpetuity.


    Annual Fund
    Your unrestricted gift to the annual fund provides the college with the flexibility to respond to college priorities and apply funds to the area of greatest need, whether it be new computers, the update of the library or a physics lab, or a special lecture program. The gift closes the gap between tuition and the real cost of a JCC education.


    Pledges
    Your gift may be made over a period of time designated by you in accordance with college schedules and commitments. Pledges may also be made on an annual and continuing basis. Many college employees take advantage of payroll deduction for giving to the JCC Foundation.


    Planned Giving
    You may elect to support the college through a bequest, life insurance policy, pooled life income fund, a charitable remainder trust or any other type of deferred gift. Such plans may offer you significant and multiple tax benefits in addition to assuring the college of future resources for development. Trust agreements and gifts of real estate which may provide financial advantages to you, to the college, and to your heirs can also be established. The foundation staff can provide you with information on these opportunities.


    Capital Campaigns and Major Gifts
    Capital campaigns are conducted periodically to raise substantial funds for building projects or for enhancements of programs and services. Naming opportunities are extended to those providing major gifts.


    Memorials
    Gifts may be directed to the college or the JCC Foundation by family recommendation at the time of death. Such gifts are acknowledged and are fitting ways to memorialize family members or friends.

    Opportunities for Investing

    Unrestricted Gifts
    Gifts to the general fund give the college the flexibility to respond to emerging college needs and priorities.


    Restricted Gifts
    Special programs will benefit from a gift directed to an existing fund or one which you can create. Some of the areas which can benefit from your generosity include:


    Scholarship and Awards
    You can open the door of opportunity and assist a deserving area student with a gift to the JCC Foundation. Scholarships and awards are based on academic merit and/or demonstrated financial need.


    Instructional Facilities
    Rapidly expanding technologies impact our classrooms and the workplaces which hire our graduates. Your gift can assure that our students will receive the calibre of educational preparation necessary to be competitive in a global market and assist the college in meeting the needs of area employers. Maintaining current laboratories, replacing obsolete equipment, and providing the opportunity to acquire state-of-the-art instructional materials are essential to sustaining academic excellence.


    Faculty Enrichment
    JCC's investment in buildings and equipment must be matched with investments in the development and enrichment of our human resources. It is our faculty and staff who educate and train our students. Opportunities to help recruit and retain outstanding faculty exist through faculty fellowships, endowed chairs, distinguished professorships, and faculty development funds.


    Cultural Programs
    JCC has a central role in providing cultural programs to enrich the education of its students and the lives of those who live in our surrounding communities. Your gift to a cultural program can support gallery exhibits, lectures, concerts, theatre, and artists-in-residence.


    Special Programs
    The foundation sponsors events and activities to expand existing resources and create new programs. Sponsorship to offset the expenses of events such as golf tournaments, festivals, president's roundtables, and special concerts offer another way to support the college.
    rev. 4/22/03 pjf