Presentation on theme: "Prairie View A&M Foundation Growing Greatness Through Giving."— Presentation transcript:
Prairie View A&M Foundation Growing Greatness Through Giving
The Corporation Incorporation - State of Texas, June 2009 Tax Exemption (c)3, Public Foundation, Charity, June State Tax Exemption, February Federal EIN – All gifts are Tax deductible Affiliation - PVAMU April 2009 Financial Audit - McConnell Jones, November 2010 – Passed - McConnell Jones, 2011 and Passed - Texas A&M University System – Underway - McConnell Jones, 2012 and Underway
Mission and Vision The mission of the Prairie View A&M Foundation is to maximize the effectiveness of contributions to support continued excellence in education, research, service, and athletics at Prairie View A&M University. The vision of the Prairie View A&M Foundation is to develop a culture of philanthropy to meet resource needs of Prairie View A&M University in its pursuit of excellence in education, research, athletics, and outreach.
Roy G. Perry – Chairman of the Board Terrence Gee– Treasurer John Osby– Vice Chairman Terrence Gee – Vice Chairman Phyllis Darden-Caldwell – Secretary Attorney Ricky Anderson - PVAMU Marvin D. Brailsford - PVAMU Don Clark – PVAMU Ernest Collins – PVAMU Terrence Gee – Rice Janis Hadnott – PVAMU Kenneth Houston – PVAMU Carl Jackson – PVAMU Nathelyne Kennedy - PVAMU Fred Newhouse - PVAMU Lawrence Sampleton – UT Rathel Whittaker – PVAMU Benny Lockett – PVAMU NAA Rep Dr. George C. Wright – President PVAMU Dr. Corey Bradford – Proxy PVAMU Trustees
Roy Perry – Chairman / President Terrence Gee – Vice Chairman / Vice President Strategy and Finance John Osby – Vice Chairman / Vice President External Operations Phyllis Darden-Caldwell – Secretary Nathelyne Archie Kennedy Marvin Brailsford Executive Committee
Staff Rita Houston Jean Urynowicz The Team
Three phases of excellence Sports Complex
Phase I Sports Complex – Phase I Phase I
Phase II Sports Complex – Phase II
Phase III Sports Complex – Phase III
Phase III 12 – Court Tennis- $1.4M Complex Football Stadium- $17M Expansion to 30,000 Seats Total- $18.4M Phase II Football Practice Fields- $1.4M Soccer/Track Field- $2.8M Baseball/Softball Complex- $10.6M Intramural Co-Ed - $0.7M Softball Field Intramural Rec Soccer/- $1.4M Flag Football Field Nicks Arena Upgrades- $9.0M Soccer Practice Field- $0.8M Total- $23M Phase I 15,000 Seat Stadium- $30.5M Football Field house- $17.5M Basketball/Volleyball Practice Facility- $10.6M Nicks Arena Upgrades- $8.2 Total- $66.8M Total - $108M Three Phases of Development Dollars
A few changes!
Fundraising Update …
$ 1,878, * received by PVAMF to date... thru March 31, 2014 * All Funds
Foundation Unrestricted Gifts $ 540, Goals Alumni Donors Base Recurring Donors Operational Endowment Asset Base to Support PVAMU... thru March 31, 2014
Sports Complex *3802 PVAMF - all3470 PVAMF – Recurring 107 Donors... thru March 31, 2014 * Includes University
PVAMF Donors Cumulative Number Of Donors thru March 31,2014
Giving Comparison Percentage Giving Back % Assume 50,000 Alums 5,0003, * 11, thru March 31, 2014 * Includes all donors to PVAMF & PVAMU Sports Complex
PVAMF Recurring Donors Cumulative Number Of Recurring Donors thru March 31, 2014
Sports Complex – Phase I (Stadium) Gifts - $282,895 University thru March 31, 2014 Gifts - $1,039,340 Foundation Phase I 15,000 Seat Stadium- $30.5M Football Field house- $17.5M Basketball/Volleyball Practice Facility- $10.6M Nicks Arena Upgrades- $8.2 Total- $66.8M
Sports Complex – Phase I (Stadium) Pledges - $ 100,000 University thru March 31, 2014 Pledges - $ 214,730 Foundation Phase I 15,000 Seat Stadium- $30.5M Football Field house- $17.5M Basketball/Volleyball Practice Facility- $10.6M Nicks Arena Upgrades- $8.2 Total- $66.8M
How can you give?
Naming Opportunities Athletic Sports Complex1$20 Million Stadium1$10 Million Field House1$5.0 Million Blackshear Track1$2.5 Million Scoreboard (Prime) 1$2.0 Million Stadium Entrances(s)4$500,000 Football Field1$5.0 Million Parking Lots4$100,000 Parking Lot (Preferred) 1$200,000
Student Requested Fee increase … THE VOTE - 90% Passed ( 900 of 1,000 voters) THE USAGE - To create or enhance athletic sports facilities only - Not for athletic programs THE FEE - $15 per hour Sports Complex Fee - $180 cap per full-time student per semester - $2.8 million estimated annual revenue
Preliminary Stadium Timeline … BOR Project Approval Complete Hire A/E FirmComplete Complete Design Work June 2014 BOR Approval of ConstructionAug 2014 Construction Start Oct months of construction Construction Ends Aug 2016 Opening Game Sept 2016
Does your Company match gifts? Mail your completed Matching Gifts Form to: PVAMF 6436 Fannin Street, Room 112 Houston, Texas 77030
… a good 1 st lap, now lets close the gap!
Will you GIVE TODAY
Contact us about the future … PVAMF 6436 Fannin Street Room 112 Houston, Texas Phone – Fax – Roy G. Perry Chairman / President ext
The FACTS … -Trustees are not paid for their time or personal expenses - Texas A&M University is not responsible to build our stadium - TAMU System is not responsible to build our stadium - The State of Texas does not fund athletic only facilities - Alumni, Friends and Private donations will build PVUs Sports Complex