About the Foundation | Southwestern Illinois College

Our Mission

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.

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
Fax: 618-235-1134

Monday – Thursday: 8 a.m. to 4:30 p.m.
Friday: 8 a.m. to 4 p.m.


Rena Thoele
Executive Director
ext. 5647

Liz Jennings
Associate Director
ext. 5493

Sandy Billhartz
Scholarship Assistant
ext. 5518

Jamie Wheeler
Accounting Specialist
ext. 5356

Aleisha Brown
Events Coordinator
ext. 5663

Board of Directors

Board Members

Kevin Baltz

Carol A. Bartle

Norma L. Bellcoff

Karen G. Bergman

Mary Buettner

Barbara Cempura

Matthew Gomric

Gary B. Harbison

Stan Hatfield

Sue Hoffmann

Mark A. Lee

Michael W. Leopold

Bob Novack

Christopher C. Schroeder

Michael S. Sutton

Craig A. Toberman

Ex-Officio Members

Robert Morton
Chair – Board of Trustees

Nick Mance
College President

Bernie Ysursa
Chief Administrative Service Officer

Margot Middleton-Holt
Foundation Treasurer

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.

2017 Financial Summary
Support and Revenues  
Gifts & Grants  $  321,891.34
SAC Art Class Registrations  $      6,875.00
Event Sponsorships  $    18,781.00
   Misc. Income-Sale of Artwork  $           15.00
 Revenue from Fundraising Events  $    36,710.40
    Less Fundraising Expenses  $   (35,961.06)
    Net Fundraising Income  $         749.34
 Investment Dividends and Interest  $  203,689.70
 Net Realized Gain/(Loss) on Investments  $  174,622.23
 Net Unrealized Gain/(Loss) on Investments  $  630,487.66
 Rental Income  $         500.00
 Total Support & Revenues of:  $1,357,611.27
 Program Costs  
              Academic Program Costs  $  350,611.79
              Enhancement Grant Payments  $    19,441.26
              Capital Improvements  $      1,430.00
 Student Grants and Scholarships  $  279,301.07
 Administrative Expenses  $      3,454.78
 Investment Fiduciary Fees  $    25,474.21
 Write off uncollectible gifts  $ —
 Total Expenses  $  679,713.11
 Net Income/Loss  $  677,898.16
 The 12/31/17 Fund Balance is represented by:  
 Cash of:  $   144,165.25
 Investments at Fair Market Value of:  $8,511,162.83
 Art Collections,  $   429,628.09
 SAC Assets & Piano Net of Depreciation  $     10,603.08
 Beneficial Interest in Perpetual Trust  $     72,008.34
 Pledge Receivable  $ —
 Prepaid Expenses  $ —
 Accounts Payable  $        (354.80)
 Resulting in Total Assets on 12/31/17  $9,167,212.79

SWIC Foundaton 2017 990