Board of Trustees
Officers
- President: Hedie Schulte, Albany
- Vice President: Jo Ann McQueary, Sweet Home
- Treasurer: Lauri Lehman, Philomath
- Secretary: Betty Malone, Philomath
- Past President: Penny York, Corvallis
Members
- Marty Cahill, Lebanon
- Jeannie Davis, Lebanon
- Jeff Davis, Corvallis
- Charlie Eads, Albany
- Carolyn Gardner, Corvallis
- Diane Merten, Corvallis
- Rose Peda, Sweet Home
- Dick Running, Albany
- Dan Segel, Portland
Ex-Officio
- Lisa Avery, LBCC President
- Sheldon Flom, LBCC VP of Finance & Operations
- Edene Ehlers, Classified Representative
- Joshua Hewitt, Student Representative
- Abby Workman, Student Representative
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LBCC’s website is the best source for scholarship information. You can find scholarship information here. The Foundation annually provide more than 200 scholarships awards that total about
$400,000. |
Although the Foundation’s mission is focused on providing support to LBCC students,
the Foundation is an independent 501(c)(3) with its own Board of Trustees and is a
legally separate entity from the college. |
The Foundation supports a wide range of areas to help LBCC students – or those who
need help in becoming an LBCC student. Through the passionate giving of its donors,
the Foundation raises money to support academic and job training programs, provides
scholarships to deserving students, supports improved and expanded facilities, and
funds student support services to increase their success, among many other things. |
Foundation operations are funded through a combination of revenue from earnings from
investments, unrestricted gifts, administrative fees and direct support from LBCC. |
The Foundation charges a one-time fee of 5% on all gifts and up to a 1.2% annual fee
on restricted endowment funds. |
The administrative fee allows the Foundation to reduce the direct funding support
it receives from LBCC, thus freeing college funds for education. Administrative fee
revenue is directly related to the Foundation's cost of doing business, which includes
the cost of managing funds, fund-raising, administering the scholarship application,
selection and disbursement process, and costs associated with record keeping, receipting
accounting, investment and fund disbursement. |
Our administrative fee (sometimes referred to as a gift fee) is smaller than most
administrative fees at college and university foundations throughout Oregon and the
US, including the University of Oregon and Oregon State University Foundations. Many
fund-raising non-profits also have administrative fees. Fees for county-based United
Ways, for example, have fees ranging from 8% to 15%. |
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Learn how we change students' lives.
The Foundation's annual report includes yearly messages from our college leaders,
student stories, and additional relevant financial information.
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Linnea Everts (she/her)
Manager, Government Relations & Development and Stewardship evertsl@linnbenton.edu 541-917-4203
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