About the Foundation
Contact the Foundation
Southwestern Illinois College Foundation
2500 Carlyle Avenue
Belleville, Illinois 62221
Main Complex, Room 2240
Phone: 618-235-2700, ext. 5215
Toll Free: 866-942-SWIC (7942), ext. 5215
Monday – Thursday: 8 a.m. to 4:30 p.m.
Friday: 8 a.m. to 4 p.m.
Special Events Administrative Assistant
Foundation Accounting Specialist
Board of Directors
Carol A. Bartle
Norma L. Bellcoff
Karen G. Bergman
Constance A. Kurowski
Mark A. Lee
Michael W. Leopold
Christopher C. Schroeder
Michael S. Sutton
Chair – Board of Trustees
Georgia Costello, Ph.D.
Foundation Board Secretary
The Southwestern Illinois College Foundation exists to maintain and enhance the quality of life by developing friends and funds for support of the educational cultural and service goals of Southwestern Illinois College.
The SWIC Foundation promotes excellence by securing gifts for special educational and cultural activities that are not part of the college budget.
Legal and Tax Information
Our official corporate name is Southwestern Illinois College Foundation.
This name should be used in all legal documents. Gifts to the Southwestern Illinois College Foundation qualify as charitable contributions to an IRS Section 501 (C)(3) organization for federal estate and gift tax purposes.
2015 Financial Summary
|Support and Revenues|
|Gifts & Grants||$1,532,933.09|
|Misc. Income-Sale of Artwork||$647.20|
|Revenue from Fundraising Events||$54,765.50|
|Less Fundraising Expenses||$(89,454.17)|
|Net Fundraising Income||$135,818.83|
|Investment Dividends and Interest||$177,754.36|
|Net Realized Gain/(Loss) on Investments||$14,968.92|
|Net Unrealized Gain/(Loss) on Investments||$(362,498.94)|
|Total Support & Revenues of:||$1,500,740.75|
|Academic Program Costs||$69,361.04|
|Enhancement Grant Payments||$17,346.02|
|Student Grants and Scholarships||$228,949.37|
|Investment Fiduciary Fees||$23,066.93|
|Write off uncollectible gifts||$-|
|The 12/31/15 Fund Balance is represented by:|
|Investments at Fair Market Value of:||$6,499,797.92|
|SAC Assets & Piano Net of Depreciation||$10,477.30|
|Beneficial Interest in Perpetual Trust||$64,220.82|
|Resulting in Total Assets on 12/31/15||$8,136,123.57|