About

About Greenville Tech Foundation

Established in 1973, The Greenville Tech Foundation, Inc. is a non-profit corporation totally separate from Greenville Technical College but operating for the benefit of the college.


The Foundation is an exempt organization under the Internal Revenue Code's section 501(c)(3) and is further classified as a public charity under section 509(a)(1) of the Code.

It is governed by a board of directors comprised of recognized Greenville County leaders in business, industry, and the professions.

The Foundation was established to ensure that the college is able to provide a quality college education at modest costs and to reduce financial barriers to higher education.

The Foundation provides financial support to the college and students beyond that which can be obtained from state and local funding sources.

The Foundation acquires its funding through charitable contributions from businesses, industries, foundations, organizations, and individuals.

These tax-deductible contributions are made by cash, real or personal property, securities, bequests, or by naming the Foundation as beneficiary of insurance policies, trusts, or retirement plans.

Gifts are designated or unrestricted and are made on a one-time basis or spread over several years.

History

The Foundation was incorporated in 1973 and began operations in 1982. The Foundation raises funds, accepts in-kind gifts, manages the endowment and acts on behalf of Greenville Technical College.

In 1986, the Foundation embarked on its first capital campaign, known as the Silver Anniversary Campaign. This three-year campaign raised $2,290,690 (115% of the goal) including a lead gift of $500,000 to the College for the Michelin Center.
 The objectives of the campaign were faculty/staff development, student scholarships, equipment, the Technical Resource Center, and the Michelin Center. The Campaign was chaired by Robert C. Crawford, Buck Mickel, and Les McCraw.

James D. Cockman chaired the second capital campaign, known as the Major Gifts Campaign, from 1994 to 1997. This campaign raised $10,185,036 (203% of goal) with $467,899 in deferred gifts. The objectives of the campaign were to establish an unrestricted endowment and purchase equipment for the college.

The Partners Working for Success major gifts campaign began in 1997 and was co-chaired by Robert E. Coleman* and Douglass E. Kondra. The Honorary Chair was Walt Brashier. The comprehensive goal was $9.3 million and the challenge goal was $15 million. The objectives of the campaign were: unrestricted endowment, student scholarships, faculty/staff development, and equipment. A total of $17,408,333 of all gifts to the college and Foundation was raised during this six-year campaign (177% of the goal.)

In 1999, the Foundation purchased the interior common area and shops of McAlister Square and the College purchased the three anchor stores. The University Center is located in one of the anchors and the college's student Admissions and Registration Center is in another anchor. The Foundation leases the interior of the mall to non-profit organizations, restaurants, and businesses.

In the fall of 2006, the Foundation developed a student housing complex on the Barton Campus. The 121 garden style apartments house 428 students. In the fall of 2009, the Foundation completed the building in which the Brashier Middle College Charter High School is located. The Foundation owns the building and the college and BMCHS lease the facility.