Investing in the Future
Founded in 1916 by alumnus A. Ray Smith, the NOC Foundation, Inc. was first incorporated in 1961 under the direction of attorney Bob Colombe. In June of 1963, the organization began its first year of operation with NOJC Foundation President Lin Trueblood. Other committee leaders that year included Harold Weigle, Glen Strange, Mac Bradley, and Lowell Doggett. Editor of the Crimson Rambler was Mac Bradley.
The late sixties marked the beginning of the Greater Gifts Campaign by the Foundation. During Spring 1966, the first eight $200 foundation scholarships were awarded to area high school seniors. In 1975, the Foundation set a goal of raising $10,000 for the Greater Gifts scholarship drive and exceeded that goal by $1500. The first Greater Gifts Donor Recognition banquet was held March 3, 1980 in the Maverick Cafeteria.
Thirty years later, the Foundation had amassed total net assets of $428,928. At the time the NOCF set a goal to raise $1 million by the year 2000. Thanks to the contributions of alumni and friends of the college, that goal was surpassed in 1999.
Total net assets by the fiscal year end of 2004 reached $1,834,033, and the Foundation initiated a campaign goal to raise $3 million in total net assets by 2013. As a result of a Board strategic planning retreat in 2010, the Foundation increased the goal to $5 million by 2015. Total net assets by fiscal year end of 2012 were over $6.1 million. Marking its 50th Anniversary in 2013, the Foundation Board made plans for another strategic planning workshop to establish new goals as a high-performance fundraising team. The Foundation seeks to raise funds from private sources bringing total net assets to $12 million by 2018.
Private scholarships, loan funds, and a growing endowment fund are available to aid students of today as well as students of tomorrow, but possibilities for private dollars to keep Northern Oklahoma College on the “edge of excellence” are endless.
The benefits of having a two-year college in north central Oklahoma have not diminished over Northern’s 113 year history; neither have the needs of students or the communities it serves. Benefits of private funding will continue to grow as well.
Purpose of the Foundation
The purpose of the Northern Oklahoma College Foundation shall be to enhance the educational opportunities and the environment of Northern Oklahoma College. The Foundation is organized exclusively for the benefit of the educational, literacy and scientific activities of the college, chartered under the constitution and laws of the State of Oklahoma. The principal function of Northern Oklahoma College Foundation, Inc. is to promote Northern Oklahoma College and the welfare of its programs and students by providing scholarships, loans and other awards as deemed appropriate.
During the year ending June 30, 2014, the Foundation awarded $143,574 in scholarships to 189 recipients on the Tonkawa, Enid and Stillwater campuses in addition to $3225 in loans to 14 students on the Tonkawa campus. Several new scholarships established this past year will benefit even more students in achieving their educational goals.