2020-Introduction-of-Foundation-and-Board

ASBC Foundation Co-hosting the 2020 HBCU Fair with the Alfred Street Baptist Church We Believe In Education ASBC has held education in high esteem since its beginning in 1803 As early as 1825, the church opened its first school on-site to educate local youth In 2002, ASBC saw the need for an even greater involvement in its support of the area’s youth That year, the church voted to form a separate Foundation dedicated to supporting the church’s educational outreach efforts The Foundation was to be a non-profit, charitable organization that was organized as a Virginia non-stock corporation The organization formally received its 501(c)(3) non-profit status in 2005 and was eligible to begin accepting tax deductible donations and be-OUR MISSION- In 2006, the ASBC Foundation Board voted to have as its primary focus area, the awarding of multiple-year college scholarships for financially challenged high school graduating seniors And that has been our primary focus since then All students must meet select academic and financial need criteria Our ideal candidate is a high achiever whose family is unable to meet the cost of higher education That describes the ideal student, though actual grades and the needs of scholarship recipients vary The Foundation awards two types of scholarships, Millennium and Legacy The Millennium Scholarships are funded by the ASBC Foundation and ASBC itself The amount of these scholarships is $20,000 disbursed over four years ($5,000 per year for four years) Two Millennium Scholarships are awarded annually The Legacy Scholarships are funded by individuals and groups who add their own criteria to Foundation requirements and determine the amounts awarded Thus, someone may add a criterion that they desire a female student in STEM attending an HBCU Another donor may desire to support a student whose parents are incarcerated Legacy Scholarships vary from $1000 up to $20,000 -OUR PRODUCT- In 2007, the ASBC Foundation awarded its first scholarships to eleven graduating seniors from the Washington, DC Metropolitan area who planned on attending a four-year college or university Those scholarships totaled $75,000 For the 2019-20 school year, the Foundation awarded $159,500 in new scholarships to 46 high school students and divinity school students, and $29,500 in scholarship renewals to 15 prior winners for a total of $189,000, for 72 scholarship awards The 2019-20 scholarship recipients attended 30 of our nation’s top universities, including 10 HBCUs Since 2007 the Alfred Street Baptist Church Foundation (Foundation) has awarded nearly $1.5 million dollars for 332 scholarship awards to students in the Washington Metropolitan area Nearly 27% of those students were not able to receive any support from their families Fifteen of the twenty-one Millennium Scholars fit that category Some of our students had filed for independent status, some were living in cars and many were from single-parent home The Foundation makes a concerted effort to reach students who are economically challenged, yet still excel academically despite the odds If requested we provide some students with additional financial assistance, counseling and other support As a result, we have a 97% success rate based on first semester college GPA’s of 2.0 or above Since 2007, our students have attended 102 of our nation’s top universities A FEW OF THE SCHOLARSHIP RECIPIENTS 2019 Millennium Scholar O V E R T H E Y E A R S Adelina Decius (W.T Woodson High School) American University - Law/ Foreign Policy 2019 Millennium Scholar $20,000 ($5,000/yr for years) While in high school, Adelina had been challenged by frequent moves and attended four different high schools Her faith in God enabled her to become stable and spiritually grounded after moving in with an aunt She says, “The transition from high school to college can be quite an adjustment I vividly remember move-in day and the rush of excitement I felt about moving to D.C Walking on campus and swiping my American University (AU) card felt surreal Decorating my room with my family seems like a nostalgic memory Everything I ever wanted and dreamed of was happening so fast For the first time, I had a new slate where I could create whatever life I wanted for myself and I could be whomever I wanted to be I explored AU’s campus and found my secret places of joy I attended events on campus and began to create a community of friends I visited different bookstores, art museums, and restaurants in D.C just to get a feel for the city I thoroughly enjoyed the process of curating the life I have always wanted Thank you Alfred Street Baptist Church Foundation for this opportunity! 2019 Millennium Scholar Jamal Thomas (McKinley Tech High School) Morehouse College Jamal wants to open a school for boys in southeast D.C He states, “There is no institution that currently provides the support needed by this group.” Jamal successfully avoided gangs and has managed to succeed despite poverty His dream of playing in the National Football League was quashed by a severe rotator cuff tear He worked part-time during all four years of high school and held two jobs in the summer Jamal wrote, “My first semester at Morehouse College was everything I could have hoped it to be and better I ended up finishing the semester with a 3.56 GPA I’ve made several friends, and I had tremendous amounts of fun I major in kinesiology and sports management and I also study Mandarin Overall, I feel like I have chosen the right school for me and I look forward to prospering and growing as a person and within my academics even more second semester I would like to thank the Alfred Street Baptist Church Foundation for investing into my future It means so much to me and the implications that this has for my future are astounding AND SOME OF THEIR TESTIMONIES Alyse Johnson (Herndon High School) Virginia Tech - Multimedia Journalism 2018 Stafford Family Legacy Scholar Since my scholarship being awarded in 2018, I have maintained a 3.79 cumulative GPA I have also been actively involved in some community service initiatives in the Blacksburg community I am so grateful each day for the opportunity to learn in an environment where I enjoy and thrive I am thankful to have been a scholarship recipient Your program has done SO much for my college career and I am extremely grateful Thanks for recommending me for Our Daily Bread’s 2020 Book Award also Kameron Nelson (Hayfield Secondary School) Howard University - Computer Science 2019 Men’s Ministry Scholar & 2019 Milton Turner Legacy Scholar Thank you so much for the scholarships I am reaping the benefits of this opportunity, and am greatly enjoying my college experience I just recently received the 2020 National Society of Black Engineers Pre-Collegiate Male of the Year Award I will my best to make the organization proud Mikayla Sharrieff (Benjamin Banneker High School) Spelman College - Bio-medical Engineering 2019 Helen McCoy Scholar Hello, my name is Mikayla Sharrieff and I am a 2019 recipient of the Helen McCoy Legacy Scholarship I am currently a freshman dual-degree engineering major at Spelman College This past semester, I ended with a 3.45 GPA I would like to note that I am truly grateful for receiving the Helen McCoy Legacy Scholarship This scholarship made me realize that others believe in my STEM pursuits and want to see me succeed within throughout my academic journey Kyra Parker (TC Williams High School) - ASBC Member Virginia Tech - Cognitive & Behavioral Neuroscience 2016, 2017, 2018, 2019 Joyce K Peterson Legacy Scholar As I look back on the past three and a half years I am thankful and blessed for the amount of growth I have experienced The opportunities that I have been able to take part in throughout my college career is in part due to the many blessings, prayers, and encouragement from Alfred Street Baptist Church and the Alfred Street Baptist Church Foundation My ultimate career goal is to become a licensed clinical psychologist and work with African-American youth suffering from trauma and race-related stress After I graduate in May, I will be taking a gap year in order to become an even more competitive applicant for graduate school I trust that God will lead me on a path that is meant for me as everything happens within His plan Mario Menendez (Montgomery Blair High School) University of Maryland – College Park - Marketing 2016, 2017, 2018, 2019 SunTrust Foundation Scholar Freshman year 2016: Knowing that I have the support of scholarship donors, institutions, and organizations has grounded my collegiate journey around community and a sense of "it takes a village." Personally, it took a village to get me to where I am today and where I will go in the future Each day, with the help of the Alfred Street Baptist Church Foundation Scholarship, I am one step closer to being the first in my family to pursue their higher education in the United States and leaving an impactful legacy at the University of Maryland Senior year 2020: Four years, two degrees, five study abroad countries, and countless hours of community service later, I will walk the stage as one of the top students in my graduating class Post-graduation, I will be a Creative Technology Fellow at You & Mr Jones (an advertising/technology firm) in New York, NY, followed by a two-year rotational program at Capital One in Plano, TX In the near future, I hope to pursue an MBA at Harvard Business School and continue my legacy toward changing the world Scholarship Winners Graduated from Both Public and Private High Schools in D.C., Maryland and Virginia In DC: Basis DC, Benjamin Banneker, Calvin Coolidge, Cardozo, Cesar Chavez Charter, Duke Ellington, Dunbar, Dunbar Prep English, Eastern, Georgetown Visitation Prep, Home School, Hospitality High School, Maret School, McKinley Tech, National Cathedral, National Collegiate, St Albans School, St John’s, School Without Walls, SEED Public Charter, Thurgood Marshall, Washington Math -Science and Woodrow Wilson In MD: Academy of Health Science, Academy of the Holy Cross, Archbishop Carroll, Bethesda Chevy Chase, Bishop McNamara, Bladensburg, Bowie, Bullis, Central, Charles H Flowers, Clarksburg, Clinton Christian, Crossland, Damascus, DeMatha, Eleanor Roosevelt, Elizabeth Seton, Frederick Douglass, From the Heart Christian, Grace Brethren Christian, Gwynn Park, Henry Lackey, Henry Wise, High Point, Holton Arms, James Hubert Blake, J.F Kennedy, Largo, Montgomery Blair, Montrose Christian, North Point, Northwestern, Oxon Hill, Parkdale, Quince Orchard, Richard Montgomery, Rockville, St Andrews, St Vincent Pallotti, Suitland, Watkins Mill and Wheaton In VA: Annandale, Bishop Ireton, Chantilly, Colgan, Dominion, Episcopal, Fairfax, Falls Church, Flint Hill, Forest Park, George Mason, H.B Woodlawn, Hayfield Secondary, Herndon, James Robinson, JEB Stuart, Lake Braddock Secondary, Loudon County, Mount Vernon, Robert E Lee, Robinson Secondary, South County, South Lakes, St Paul the Great, St Stephen’s & St Agnes, TC Williams, The Potomac School, Thomas Edison, Thomas Jefferson, Wakefield, Washington & Lee, West Potomac, Westfield, West Springfield, Woodbridge and W.T Woodson Scholarship Recipients Have Attended The Following Colleges and Universities American University Amherst College Bennett College Berklee College of Music Biola College Boston University Bowie State University Bridgewater State University Brown University Carnegie Mellon University Case Western Reserve Christopher Newport University Cornell University Clark Atlanta University College of William & Mary Dickinson College Dillard University Duke University Elizabeth City State University Elon College Emory University Florida A&M University Frostburg University Full Sail University Geneva College George Mason University Georgetown University Georgia State University Georgia Tech University Gustavus Adolphus College Hampton University Harvard University Hollins University Howard University James Madison University Johns Hopkins University Kalamazoo College Kent State University Leland Theological Seminary Loyola University-MD Loyola University-LA Marymount University McDaniel College Michigan State University Morgan State University Morehouse College Mount St Mary’s University New York University Norfolk State University North Carolina A&T State University N Carolina Central University North Carolina State University Northwestern University Old Dominion University Oglethorpe University Pennsylvania State University Pepperdine University Purdue University Princeton Theological Seminary Radford University Randolph College Regent University Rutgers University South Carolina State University Southern University of NY Spelman College Stanford University Stevenson University St John’s University Syracuse University Towson University Temple University Tufts University Tuskegee University Union College University of Central Florida University of California University of Delaware University of Kansas University of Maryland, Baltimore County University of Maryland, College Park University of Miami University of Oklahoma University of Pennsylvania University of Pittsburgh University of Rochester University of Southern California University of South Carolina University of Wisconsin Towson University Vanderbilt University Virginia Commonwealth University Virginia State University Virginia Polytechnic Institute & State University Virginia Union University Virginia Wesleyan University Wake Forest University Wellesley College Wesley Theological Seminary West Virginia University Xavier University of Louisiana Yale University -OUR SPONSORSThe Foundation receives funding from multiple sources including Combined Federal Campaign, ASBC, rental property, general donations, and investments The pie chart below depicts the distribution of annual sources of revenue Our largest source of funding is Legacy Scholarships The Legacy Scholarships are funded by individuals, families, sororities, church ministries and other organizations who provide their own criteria (e.g., specific college, specific gender, HBCU, PWI, STEM, specific majors) in addition to the Foundation’s general criteria Some Legacy scholarships are funded for one year, others for all four years The 69 Legacy Scholarships (new and renewals) awarded in 2019 vary from $1,000 to $20,000 and were funded by various individuals and organizations as indicated below Listed at the top is a scholarship funded by the annual income from our first major donation, Mrs Jacqueline Henry-Greene (the former director of the Senior Choir, now named Trinity), who donated her entire estate (house, investments, miscellaneous) to the Foundation The table below summarizes the categories of Legacy Scholarships, the number of scholarships given in that category and the range of the dollar amount for those scholarships LEGACY CATEGORY NUMBER AMOUNT of SCHOLARSHIP ESTATES (1) $2,000 FRATERNITIES/SORORITIES (3) $1,000 - $3,000 FAMILY FOUNDATIONS (3) $3,000 - $5,000 BANK FOUNDATIONS (1) $ 2,500 ASBC CHURCH (1) $5,000 - $20,000 ASBC DIACONATE (1) $5,000 ASBC MEN’S MINISTRY (1) 10 $1,000 ASBC DISCIPLE GROUP (1) $1000 ASBC ASSOCIATE MINISTERS (1) $1000 INDIVIDUALS (24) 36 $1,000 – $5,000 The Legacy Scholarships have become the ‘bread and butter’ of the Foundation’s scholarship program Fully 60% of all donations come via this instrument Members and organizations who desire to honor a deceased family member or organizations who wish to honor a special leader find the Legacy Scholarships a convenient vehicle for meeting these goals Current Legacy scholarships include awards directed to students who major in business, computer science, engineering, music, etc.; or students attending HBCUs; or students who have been in foster care or whose parents are incarcerated Legacy Scholarships can be initiated for as little as $1,000, though some families choose to donate as much as $20,000 to honor their selected individual or cause To initiate a Legacy Scholarship, one need only contact Deacon Pat Wallace, President of the ASBC Foundation at (301) 292-9412 or at our e-mail address: Foundation@alfredstreet.org THE ASBC 2020 FOUNDATION BOARD OF DIRECTORS Our Board of Directors consists of 13 persons who are appointed by the Pastor, the Deacons, or nominated and elected as At-Large Members by the Board itself The current Board of Directors consist of: PRESIDENT: Deacon Patricia M Wallace was elected President of the Foundation Board in 2019 She previously served as Vice-President of the Foundation for 2009-2015 before being elected Chair of the Board of Deacons for 2016-2018 She has served as a deacon at ASBC for 20 years and served as Vice Chair of the Pulpit Committee that called Pastor Howard-John Wesley as ASBC’s 8th pastor in 2008 Professionally, Deacon Wallace retired as an Engineering Center manager for Northrop Grumman Corporation following a long career in software development and project management She has a B.S degree from NC A&T State University in Engineering Mathematics She has been a member of ASBC since 1983 VICE PRESIDENT (SCHOLARSHIPS): The Honorable Julia D Gibbs is Vice President for Scholarships She has led the Foundation’s scholarship efforts since the beginning of the scholarship program in 2007 Professionally, she served as a Federal Administrative Law Judge and Appeals Judge with the Social Security Administration for 25 years after working as a senior attorney in the White House, the Department of Labor, Department of Education, and a Corporate law firm She has a bachelor’s degree in Mathematics from Wellesley College and a law degree from Harvard Law School She has been a member of ASBC since 1987 VICE PRESIDENT (FUND RAISING): Dr Alton S Wallace is the former President of the Foundation, having served during 2006-2009 He was the visionary in developing the current scholarship program and introducing the Millennium and Legacy Scholarship constructs He served on the ASBC Board of Deacon, 19882019 and served on all five ASBC’s Constitution & Bylaws Committees He recently retired as Historian of ASBC, having served from 2000-2018, during which time he authored its history book, I ONCE WAS YOUNG Professionally, he served as a mathematician/director at one of the nation’s premier defense thinktanks Dr Wallace holds B.S degree in Engineering Mathematics from NC A&T State University, a M.S degree in Mathematics from Penn State University and a Ph.D degree in Mathematics from the University of Maryland, College Park He has been a member of ASBC since 1983 SECRETARY: Deacon Patricia M Johnson has been a member of the Foundation since 2010 She is a former Chair of the Deacons at ASBC, having served from 2009-2015 She holds the distinction of being the first female Chair of the Board of Deacons Professionally Deacon Johnson was an educator having taught in Prince George’s County School system for 36 years She received her undergraduate degree in Physical Education from NC Central University, Durham, NC, and her masters in Supervision and Administration from Trinity College in Washington, DC She has been a member of ASBC since 1975 TREASURER: Deacon Terrill L Garrison has been treasurer of the Foundation since 2010 He is responsible for all financial/fiduciary matters for the Foundation, to include tax reporting and compliance Deacon Garrison holds an undergraduate degree in Economics from the University of Pittsburgh and an MBA from Howard University He spent his professional career with the Federal Reserve Board specializing in Finance, Accounting and Auditing where he published current audit policies for large Domestic and International Banking Organizations He is a Certified Public Accountant, with expertise in individual, corporate, partnership and nonprofit taxes Deacon Garrison has served as an ASBC deacon since 2009 and was President of the Men’s Ministry He joined ASBC in 1990 THE ASBC 2020 FOUNDATION BOARD OF DIRECTORS SCHOLARSHIP COMMITTEE: Dr Georgia Arrington Booker‘s illustrious career in education encompasses a broad range of positions including teacher, school counselor, principal, educational consultant, college Professor and Director of Counseling Services She has served as scholarship judge for national organizations, corporations, foundations and other scholarship providers including the Gates Millennium Scholars Program, Coca Cola Scholars, National Association of Letter Carriers, Links, Girl Friends Inc., and the Abramson Foundation She holds degrees from Howard University and the University of Virginia She has served on the ASBC Foundation Scholarship Committee since its inception and was appointed as a Director on the Board in 2019 She has been a member of ASBC since 1992 FUND-RAISING COMMITTEE: Muriel D Garr has been a member of the Fund-Raising Committee for years Muriel is an innovative and passionate Executive with hands-on experience in urban and rural markets, supported with profound knowledge of social disparities, economic development, Community Reinvestment Act (CRA) and small business lending, and supplier diversity Deep understanding of local, state and federal grant regulations, ordinances and compliance requirements Well - equipped in developing realistic plans and recommendations Extremely competent in building meaningful relationships with stakeholders to forge long lasting bonds and business success Remarkable ability to coordinate and to collaborate with diverse groups to meet community needs Always, leading by example demonstrating a high degree of honesty, integrity and professionalism and commitment to excellent service.” She has been a member of ASBC since 2012 FINANCE COMMITTEE: Jhon L McKnight appointed to the ASBC Foundation Board in 2019 to assist the treasurer in the execution of the numerous tasks involving financial and fiduciary matters of the Foundation Mr McKnight has over 30 years of experience in financial services, investment management, estate planning and tax consulting He is a Chartered Financial Consultant (ChFC) and holds securities licenses and various insurance licenses with the State of Virginia, and contiguous states in life, health, disability and Long-Term Care He is also a practicing Enrolled Agent (EA) representing profit and nonprofit businesses and taxpayers before all administrative levels of the Internal Revenue Service and the U.S Tax Court Mr McKnight studied accounting and taxation at Brooklyn College and business finance at New York University School of Business He has been a member of ASBC since 2011 SCHOLARSHIP COMMITTEE: Pamela V McNeil is an alumna of Wellesley College and Harvard Business School and has been recognized by Wellesley College for her thirty years of innovative contributions and trailblazing leadership in volunteer service that embodies the college motto, "Non Ministrari Sed Ministrare." She currently serves as Assistant Director for a local legal professional association She has served as an entrepreneurial administrator for both for-profit and non-profit organizations and is a provocative speaker and writer She has a passion for the success of African American youth in the areas of scholarship, citizenship, leadership, stewardship, and entrepreneurship She has been a member of ASBC since 2008 FUND-RAISING COMMITTEE: Calvin C Minor, is an alumna of Virginia Union University and Richmond Polytechnic Institute, Richmond, VA He began his career as a Math Teacher in the Richmond Public Schools and the Fairfax County Schools He is a retired Sales Executive with the Xerox Corporation and Ricoh Corporation and Federal Services Sales Executive He has worked in a variety of disciplines to include consultant, Cyber Security and Vulnerable Assessment, and Human Resources Calvin is a US Army Veteran who served In the Corp of Engineers, Military District of Washington Initially a pastoral appointee but now a Board appointee, he has served in several offices on the Board as Secretary, President and Vice President-Fundraising for the Foundation He has been a member of ASBC since 2012 THE ASBC 2020 FOUNDATION BOARD OF DIRECTORS (cont.) COMMUNICATIONS COMMITTEE: Shelvee H Osborne works with the Foundation secretary with communications She has been a member of the Foundation Board since 2014, when she was first appointed as a Church Trustee designee; she is now a Board appointee She also works with the Scholarship Committee Shelvee is an usher and was elected to the Church Council Board of Directors Shelvee is the past national president of the Norfolk State University Alumni Association, as a proud alumnus of Norfolk State Professionally, is a retired Software Manager with the IRS She joined ASBC in 2004 FUND RAISING COMMITTEE: Syrinda E Page has been a member the Foundation since 2019 and oversees our ‘planned giving’ efforts as part of the Foundation’s fund-raising efforts Professionally, she was recently promoted to Vice President for one of the nation’s premier financial planning corporation, Morgan Stanley She has been a wealth manager financial adviser for over 22 years, and has held an industry securities registration for over 20 years Syrinda graduated from the University of Virginia and has been a member of ASBC since 1996 SCHOLARSHIP COMMITTEE: David L Temple, Jr has been a member of the Scholarship Committee since 2009 as a pastoral appointee A native of Richmond VA, he was among the first cohort of African Americans admitted to UVA He is a former Fairfax County Public Schools disabilities teacher and principal He was the Former Vice-Chair, Fairfax County Human Rights Commission, former VA Deputy Secretary of Education and Former National Science Foundation Education (post-secondary STEM diversity grants) Program Director He is also the former Executive Director, DC Mayor's Office of Grants Management David is an ASBC Trinity Choir section leader and has been a member of ASBC since 2001 ~~~ This introduction of the Foundation and its 2020 Board is being sent to students, high school guidance counselors, college recruiters, admission officers, and potential donors in the church and community at large If you are a high school student, we hope you will begin thinking of us as you begin applying to college If you are a guidance counselor, please put us on your list of resources to recommend to your students who may need financial assistance If you are a college recruiter, please spread the word on your campus of our plans that we might establish a relationship with you If you are a potential donor—at ASBC or within the community at large—please put us on the list of causes and organizations to which you will contribute each year Some details on our Legacy Scholarships has been provided above If you have any questions on our Legacies or other donor option, please contact: Deacon Patricia Wallace, President, ASBC Foundation, (301) 292-9412 or at Foundation@alfredstreet.org You may also make a donation to any of our Legacy scholarships or to the general fund at our website at: https://www.alfredstreet.org/stewardship/foundation Or through Payroll deduction via Combined Federal Campaign (CFC) No 47662 or United Way No 9609 THE 2020 ASBC FOUNDATION: WE’RE OPEN FOR BUSINESS!! To establish your own Legacy Scholarship, simply complete a Legacy Application (see below), which can be found our website or simply e-mail us at Foundation@alfredstreet.org and we will send one to you The minimum Legacy Scholarship is $1000 The 2019 Foundation Scholarship Committee The Honorable Julia D Gibbs, Chairman Mrs Melodye W Berry Mrs Opal Snelling Moore Dr Georgia Arrington Booker Mr Earle D Mundell Dr Chantal Fuqua Ms Beverly H Nance Ms Muriel D Garr Deacon Curtis Nash Deacon Lisa P Grant Ms Shelvee H Osborne Deacon Patricia M Johnson Deacon John A Rosenthal Ms Diane R Jones Ms Tammi R Simpson Ms Sherri D Jordan Ms Ronda L Stewart Dr Yottie M Kenan-Smalls Mr David L Temple, Jr Dr Felicia A McClary Mr Henry M Thompson, Sr Mr Jhon L McKnight Ms Tandra T Turner Ms Pamela V McNeil Deacon Patricia M Wallace Mr Calvin C Minor Dr Alton S Wallace Mrs Veronica S Minor Ms Lisa A Wilson The Alfred Street Baptist Church Foundation 325 S Patrick Street Alexandria, VA 22314