2011 Annual Report. Fueling the future of the collision industry by enriching opportunities for students in collision education.

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1 2011 Annual Report Fueling the future of the collision industry by enriching opportunities for students in collision education.

2 2011 BOARD OF TRUSTEES Chairman Doug Webb CSi Complete Vice Chairman Chris Northup GD and C Secretary Tim O Day Gerber Collision and Glass Treasurer Terry Fortner LKQ Corporation Trustees-at-Large Joseph Allen CCC Information Services Inc. Bill Daly Allstate Insurance Company Geralynn Kottschade Jerry s Body Shop, Inc. Immediate Past Chairman Chris Evans State Farm Insurance Companies Trustees Tim Adelmann ABRA Autobody & Glass Terry Angell Warren Tech Guy Bargnes Painters Supply and Equipment Stacy Bartnik CARSTAR Domenic Brusco PPG Industries Mary Knapp Dennis Technical Education Center Scott Kohl SAFECO Insurance Nick Notte Sterling Autobody Centers Rick Tuuri Audatex, a Solera Company John Saia Toyota Motor Sales USA, Inc. Randy Starnes State Farm Insurance Companies Letter from the Chairman I am pleased to report that the Collision Repair Education Foundation had a record year in 2011 thanks to the generosity of our constituents in the collision industry and was able to provide $4.1 million in support to secondary and post-secondary collision school programs and their collision students. This high level of support is made possible through our generous industry supporters who are making an impact on the technical education of collision students nationwide. In total, the Collision Repair Education Foundation has now provided over $7 million in student scholarships and tool/equipment grants since 2008 when the organization began its philanthropic endeavors. We are truly fueling the future of the collision industry! Among the highlights for 2011 was the record-breaking golf fundraiser that took place in Salt Lake City in July. The event raised $60,000 towards helping collision students, which doubled the amount raised during the 2010 event in Chicago. Staff did such a remarkable job of organization and execution during the annual fundraiser that it has become the gold standard for our industry. The fact that the 2012 fundraiser sold out six months in advance is evidence of that and we look forward to another great event. The organization s Ultimate Collision Education Makeover school grant, where a school s collision program had their $50,000 wish list fulfilled, was a definite part of We held the ribbon cutting ceremony for our 2010 Makeover winning school, Bridgerland Applied Technology College (Logan, UT) in September and were proud to announce that the school s collision program ended up receiving $125,000 in tools, equipment and supplies. During SEMA 2011, Applied Technology Center (Rock Hill, SC) was announced as our newest Makeover winning school and they were selected from over 70 applicants nationwide. The Makeover grant has come a long way since 2009 and we are proud to see its popularity with the schools and the industry members that make the grant possible. Finally, as I complete my term as Chairman and take the position of Immediate Past Chairman, I want to thank the staff for all their efforts to make the last two years so successful. In addition, none of what has been accomplished would have been possible without the support of the Board of Trustees and an outstanding Executive Committee. It has been an honor to serve as your Chairman, and I look forward to my new role as Immediate Past Chairman. Doug Webb Doug Webb Chairman, Collision Repair Education Foundation John Ward Enterprise Holdings Chairman Emeriti Clark Plucinski True2Form Collision Repair Centers 2

3 Scholarships and Tool Grants Collision Repair Education Foundation Scholarship In its fourth year, the Collision Repair Education Foundation Scholarship offers students financial assistance with tuition and other costs associated with their collision education. The funds for this scholarship come from industry donations, through the Education Foundation s Collision Repair Education Campaign. Top Award Recipient (Secondary) Eric Rhom (Dennis Technical Education Center Boise, ID) Top Award Recipient (Post-Secondary) Johnathan Freeders (Ohio Technical College Cleveland, OH) Additional Secondary Recipients Chance Brickner (Sentinel Career Center Tiffin, OH) Joseph Burke (Technical Education Center Bedford, TX) Jesse Lapinski (Smith Vocational and Agricultural High School Northampton, MA) Colton Tomisek (Kishwaukee College Malta, IL) Additional Post-Secondary Recipients Wayne Ashley (Green River Community College Auburn, WA) Daryl Edwin Barrell (Hennepin Technical College Eden Prairie, MN) Nicole Moore (Manhattan Area Technical College Manhattan, KS) Donald Nunn (Longview Community College Lee s Summit, MO) Chance Brickner (Sentinel Career Center Tiffin, OH) 2011 Collision Repair Education Foundation Scholarship Recipient Education Foundation Board of TrusteeS Scholarship Recipient Tony Carr (Texas State Technical College Harlingen, TX) The Lon Baudoux Legacy Scholarship The Lon Baudoux Legacy Scholarship was created in memory of I-CAR Development Manager, Lon Baudoux, who passed away on November 11, He highly valued education, especially for secondary and post-secondary students studying collision repair. Award Recipient Justin Furman (Tuscola Technology Center Caro, MI) Justin Furman (Tuscola Technology Center Caro, MI) 2011 The Lon Baudoux Legacy Scholarship Recipient 3

4 Scholarships and Tool Grants AkzoNobel s The Most Influential Women in the Collision Repair Industry Scholarship In its 12th year, AkzoNobel s The Most Influential Women in the Collision Repair Industry Scholarship provides young women with the funding needed to continue and enhance their education in collision repair. Michele Marie Geis (Lewis-Clark State College Lewiston, ID) 2011 AkzoNobel s The Most Influential Women In The Collision Repair Industry Scholarship Recipient Top Award Recipient (Secondary) Rosalva Andrade (Dennis Technical Education Center Boise, ID) Top Award Recipient (Post-Secondary) Jessica Gauthier (Green River Community College Auburn, WA) Additional Secondary RecipientS Carol Davis (Sevier County High School Sevierville, TN) Aleah Mims (Scarlet Oaks Career Development Center Cincinnati, OH) Nicolette Cole (Muscle Shoals Center for Technology Muscle Shoals, AL) Sustainability is a strategic drive for AkzoNobel, noted Laura Costello, Director of Marketing for AkzoNobel Automotive & Aerospace Coatings America. People are a key component of sustainability. Our efforts to support the advancement of women in collision repair have now moved into a second decade. We are pleased that we have been able to sustain this activity and are gratified to have touched the lives of so many and in such a personal way. Additional Post-Secondary Recipients Jessica Crowley (College of Western Idaho Nampa, ID) Michele Marie Geis (Lewis-Clark State College Lewiston, ID) Ashley Paegel (South Central College North Mankato, MN) Established in 1999, The Most Influential Women in the Collision Repair Industry program annually recognizes the leadership contributions that are made by a unique group of individuals that have dedicated themselves to the betterment of this industry and their communities. CCC Michael Salvatore Memorial Student Repair Technician Scholarship This year s recipients are more than an outstanding group of students that have reached academic success, said CCC Automotive Services Group Vice President, Joseph Allen. They are unique individuals that all share a passion for the collision repair industry. We re fortunate to have technicians like them coming into the industry and are proud to support their efforts. In its fifth year, CCC Information Services has supported the CCC Michael Salvatore Memorial Student Repair Technician Scholarship, honoring longtime CCC team member Michael Salvatore. This scholarship rewards students that complete their education and find employment in the collision industry. Scholarship Recipients Manuel Aguilar (UTI Sacramento, CA) Nabil Assad (Pennsylvania College of Technology Williamsport, PA) Isaac Hostetter (Pennsylvania College of Technology Williamsport, PA) Ian Hilner (Pennsylvania College of Technology Williamsport, PA) Michael Releford (Sowela Technical Community College Lake Charles, LA) 4

5 Scholarships and Tool Grants GEICO Scholarship and Tool Grant In its second year, the GEICO Scholarship and Tool Grant Program offered each selected student a $1,000 scholarship and $500 in tools from schools in New York; Washington, DC; Florida; and California. Scholarship Recipients Nicholas Bigelow (Wayne Finger Lakes BOCES Williamson, NY) Kurt Bundscho (Sarasota County Technical Institute Sarasota, FL) Zachary Holler (Eastern Center for Arts and Technology Willow Grove, PA) Simon Rowe (Cuesta Community College San Luis Obispo, CA) GEICO We are honored to support such a worthy cause, said Don Lyons, senior vice president of GEICO. We know how important it is to develop the appropriate skills and to receive a technical degree in auto body repair. The students at these schools show great potential and we re happy to support them. ABRA Auto Body & Glass Tool Grant In its second year, the ABRA Auto Body & Glass Tool Grant awarded 16 collision students each with $1,000 in tools. The tool grant was made available to select high school seniors and post-secondary students within collision repair programs that planned on graduating in 2011 and entering the workforce immediately following graduation. The winning students were able to select $1,000 (retail value) in tools and equipment from the NATEF tool list. Tool Grant Recipients Manuel Aguilar (UTI Sacramento, CA) Justen Anderson (Hennepin Technical College Brooklyn Park, MN) Tyler Brick (Aims Automotive & Technology Center Windsor, CO) Nathaniel Brown (UTI Houston, TX) Ryan Carroll (Salt Lake Community College Sandy, UT) Rebekkah Doyle (Nashville Auto Diesel College Nashville, TN) William Everhart (Nashville Auto Diesel College Nashville, TN) Y Lee (Dunwoody College of Tech Minneapolis, MN) Alfredo Mendez (UTI Houston, TX) Kade Oeltjenbruns (Dunwoody College of Tech Minneapolis, MN) Emily Ann Severson (Wyo Tech Laramie, WY) Brittney Sieger (Wyo Tech Sacramento, CA) Terrance Scott Simpson (Nashville Auto Diesel College Nashville, TN) Thong Thao (Fox Valley Technical College Appleton, WI) Joshua A. Van Dinter (Madison Area Technical College Madison, WI) Steve Watt (Wyo Tech Laramie, WY) ABRA Auto Body & Glass is happy to support the Collision Repair Education Foundation and these fine students; it s our goal to continue to support and encourage students entering our industry, said Tim Adelmann, Executive Vice President. 5

6 Scholarships and Tool Grants Craftsman Tool Grant In its second year, Craftsman joined with the Collision Repair Education Foundation to offer hand tools and tool boxes to deserving collision repair students. Each winning student received a set of Craftsman tools valued at $700 each. Seventeen students were selected from nearly 250 applications and each winning student received a 268 piece Mechanic Tool Set with Lift-Top Lid Case and 10-Drawer Ball-Bearing Tool Chest. Brittany Sieger (Wyo Tech Sacramento, CA) 2011 Craftsman Tool Grant Recipient We are thrilled to partner with the Collision Repair Education Foundation to arm these students with Craftsman tools, and in turn help them on their journey to becoming professionals in their trade, said Kris Malkoski, VP/GM Craftsman Brand. Craftsman is America s most trusted tool brand and these tools can be used for years to come. No matter what path the students choose, they will have the tools necessary to tackle any project. Award Recipients Claudia Linda Carr (Texas State Technical College Harlingen, TX) Candice Mae Churchill (Walla Walla Community College Walla Walla, WA) Justin Furman (Tuscola Technology Center Caro, MI) Blake Grover (College of Western Idaho Boise, ID) Jeff Hines (Cypress College Cypress, CA) Nina Hunter (Weber State University Ogden, UT) Justin Jaszewski (Wyo Tech Laramie, WY) Matthew Jozwiak (Tuscola Technology Center Caro, MI) Melissa Mayberry (Guilford Technical Community College Jamestown, NC) Joshua Ortiz (Cypress College Cypress, CA) Ulises Pina (Dennis Technical Education Center Boise, ID) Brianda Flores Ruiz (Southeast Career Technical Academy Las Vegas, NV) Christina Sepulveda (Middleburg High School Middleburg, FL) Franky Skiles (Area 30 Career Center Greencastle, IN) Matthew Dylan Smith (Lecroy Career Technical Center Clanton, AL) Patrick Nolan Smith (Lecroy Career Technical Center Clanton, AL) David Stotts (Portland Community College Portland, OR) 6

7 Talk of the Future Without the help of the Collision Repair Education Foundation, we would not have the badly needed tools and equipment we need to stay on the leading edge of technology. Having good up-to-date tools and equipment is key to producing good body techs. Thank you again for this valuable tool. Daryl Hoss (Northwest Tech Goodland, KS) It is great how so many companies in the collision repair industry are helping schools through the Collision Repair Education Foundation. The donations that we received will be used in our estimating class and our refinishing classes. Thank you so much. Our students and the industry will truly benefit from this donation. Greg Brink (Kishwaukee College Malta, IL) I recently received the Collision Repair Education Foundation $5,000 scholarship and simply wanted to say thank you for all your time and effort. I will be attending the College of Western Idaho this fall, seeking a Bachelors of Applied Technology in Collision Repair and using the funds awarded to me. The scholarship will go a long way in helping me pay for the necessities of my college education, including tuition and tools. I deeply appreciate the opportunity you and the Foundation have provided for me this year and will be sure to make the absolute most of it. Again, thank you very much! Eric Rhom (Dennis Technical Education Center Boise, ID) Kishwaukee College Malta, IL 7

8 Donors 2011 Industry Leadership Circle Million Dollar+ Lifetime Donors Industry Leadership Circle Donors GEICO Individual Leadership Donors 8 Donors listed above have met a significant and specific donation requirement.

9 Donors 2011 Collision Repair Education Foundation Donors Airgas Amerex Corporation A.N. Designs, Inc. Anest Iwata Apex Tool Group ArcOne Assued Performance Network Auto Body Toolmart Auto Data Vin Labels Bar s Products, Inc. Barrington, Lori Bartanen, Jason Black & White Auto Bob Hastings Collision, Inc. BodyShopBids, Inc. Body Craft, Inc. Burda, Joseph Calvo, Alberto Carey, Phillip Cars Collision Centers CARSTAR Berlin CARSTAR Yorkville Chicago Pneumatic Collex Collision Experts Collision Quest Collision Services CollisionWeek Cook, Kirk Costin, J. Laurence CTA Manufacturing Dickerson, John Eckenrode, Brandon Elektron Inc. EMC Insurance Companies Emerson Collision Service Inc. Equalizer Industries Inc. Erie Insurance E-Z Red Finch, Thomas Fix Auto Ford Motor Company Fortner, Terry G. Walter Kaye Goss Auto Body, Inc. Goyke, Kevin Hobart Welding Products Holman, Paul Honeywell/Sperian Protection Innovative Tools & Technologies International Epoxies & Sealers Jansen, Robert Kempfer, Kenneth Ken s Auto Body, Inc. KerenOr Consultants Knell, Margaret Kottschade, Geralynn Larry H. Miller Charities Loy, Michael Marks, Steven Marscin, Melissa Matco Tools MCR Safety Mechanix Wear Meyers, James Miller Electric Minnesota I-CAR Volunteer Committee Monroe Morgan Manufacturing Motor Guard Corporation Nelson, Randy Northup, Chris Novak, Robert Nyiradi, Joseph O Day, Timothy Ottum, Jolinda Panasonic Solutions Company Passwater, Tony Pincus, Shirley Power Probe, Inc. QCSA Direct Rheubert, Ronald Rocky Mountain Body & Paint, Inc. The Romans Group Saal, Scott Schmidt, Steven Shaw, Ernest Showalter, Sharlene and Eric Silver, Jeanne Smith, Doug Society of Collision Repair Specialists Solmes, David Stage, Bill Steck Manufacturing Stilwell, Joseph Sunex Tools Symphony Advisors Tapia, Eduardo Time Shaver Tools Torres, Mark Tuuri, Rick Tyson, Mickey ULINE Valeo Weaver, David Webb, Doug Wilson, Dale Zelano, Robert American Tape Donation (Tennessee Tech Center Shelbyville, TN) 9

10 Collision School Program Map Alaska Hawaii 10

11 Collision School Program Map Local Collision School Programs Need Your Help There are around 1,100 secondary and post-secondary collision school programs nationwide. As these collision students will be the industry s future professionals, the Collision Repair Education Foundation invites you to join in our efforts to assist in their technical education. Contact us today and get involved in a school s collision program near you. Together we can Fuel the Future of the industry! United States 11

12 2011 Fundraiser Sponsors 3M 911 Collision Centers & Auto Glass ABRA Auto Body & Glass ABRN Magazine ALLDATA Audatex, a Solera company AutoZone Auto Data Labels Avis Budget Group Barrett-Jackson Auction Company BASF Corporation Bear River Mutual Insurance BodyShop Business CARSTAR The Cars Collision Group CCAR CCC Information Services Certified Automotive Parts Association (CAPA) ChemSpec USA Collision Solutions CollisionWeek CSi Complete CynCast D Angelo Business Group Dick s Sporting Goods DuPont Performance Coatings Enterprise Rent-A-Car FenderBender Fibre Glass Evercoat FixAuto Ford Motor Company GEICO General Motors The Hertz Corporation Hunter Engineering Company Insurance Auto Auctions International Autobody Congress & Exposition (NACE) Jaguar Cars North America Jerry s Body Shop, Inc. Larry H. Miller Collision Centers LKQ Corporation Motor Guard Corporation OEM Collision Repair Roundtable Panasonic Porsche Cars North America PPG Automotive Refinish Safelite Seidner s Collision Centers Sherwin Williams Automotive Finishes Corporation Sterling Autobody Centers TENTH ANNUAL Golf FUNDRAISER The tenth annual Collision Repair Education Foundation golf fundraiser, cohosted by PPG Automotive Refinish, raised $60,000 through the support of the attendees and sponsors, doubling the amount raised during the 2010 event in Chicago. Sponsors and participants enjoyed a day of golf at Stonebridge Golf Club in Salt Lake City, UT on July 21, 2011 and the funds raised from this event will go towards supporting upcoming scholarships and grants for collision schools and students. Also in attendance at the fundraiser event was Kevin Cornia, collision repair instructor from Bridgerland Applied Technology College (Logan, UT) which was the Foundation s 2010 $50,000 Ultimate Collision Education Makeover winning school, and several of his students. In addition to sitting at several of the holes to meet industry professionals, the students also hand crafted the 1st place team trophies for the event. The Foundation s annual industry fundraiser has grown leaps and bounds the past three years and each year we raise more and more funds for student scholarships and school grants. Not only did the event sell out four months early, but it also doubled the amount raised in 2010 and tripled the amount raised from 2009, said Scott Kruger, Collision Repair Education Foundation Executive Director. This success is due to our attendees, event sponsors and our co-host PPG Automotive Refinish. We plan on 2012 s fundraiser in San Antonio next July to be even better. 12

13 Fundraiser PPG is privileged to support the industry s future through events of this kind, said Domenic Brusco, PPG Automotive Refinish, senior manager, industry relations. This is the third consecutive year we ve co-hosted the Collision Repair Education Foundation s industry fundraiser, and it s rewarding to see more funds raised each year to assist collision students with their educational opportunities. This is a great display of how the industry can come together to support its upcoming workforce. 13

14 Makeover Grant Ultimate Collision Education Makeover 2010 Ultimate Collision Education Makeover grant Donors Airgas Alldata, LLC Amerex Corporation A.N. Designs (UltraWiz) Anest Iwata ArcOne Audatex, a Solera company Auto Body Tool Mart Automotive Recycler Association AutoZone ChemSpec USA Chicago Pneumatic Chief Automotive Technologies Cintas Craftsman Dan-Am Company, SATA Spray Equipment Elektron Equalizer Industries Ergodyne E-Z Red Fibre-Glass Evercoat GEICO Hobart Welding Products Honeywell/Sperian Safety Products I-CAR LKQ Corporation Mac Tools Mechanix Miller Electric Mfg. Co. Milwaukee Mitchell Motor Guard Corporation Panasonic PPG Rubber Seal Rust Oleum SAS Safety Corporation Sherwin-Williams Automotive Refinishes Steinel America Sterling Auto Body Centers Valeo 2010 Winner Ribbon Cutting Ceremony Bridgerland Applied Technology College Industry professionals joined Bridgerland Applied Technology College in Logan, UT and the Collision Repair Education Foundation the morning of Friday, September 23rd, 2011 for a ribbon cutting ceremony in celebration of the school winning the second annual Ultimate Collision Education Makeover $50,000 school grant in In the end, through the additional generosity of the collision industry, Bridgerland Applied Technology College ended up receiving over $125,000 in products; more than doubling the original budget of the grant. On display during the event were the tools, equipment, supplies, and other items that the school obtained through the grant. The event included presentations from school administration and Collision Repair Education Foundation staff, meet and greet with students, tours of the facility, and a breakfast prepared by the school s culinary department. Collision Repair Education Foundation Executive Director Scott Kruger said, We are proud that in the Makeover grant program s first two years, we have awarded over $550,000 to 73 collision school programs through the generosity of our industry supporters. On behalf of the Foundation s employees, volunteers, and Board of Trustees, we thank the participating companies for making this possible for both Bridgerland and the other Makeover applicant schools. 14

15 Makeover Grant 2011 Recipients Applied Technology Center Rock Hill, SC Applied Technology Center of Rock Hill, SC was selected from over seventy school applications and is the recipient of the 2011 Collision Repair Education Foundation s Ultimate Collision Education Makeover $50,000 school grant. In the school s Makeover application, Collision Instructor Mark Dellinger displayed a strong passion for his program s success and need for new tools, equipment, and supplies for his students. Dellinger describes, My goal is to have this shop stay ahead of the curve, in order to provide my students the best opportunity possible to enter this industry and successfully remain in it. A career in this industry is not shameful or some sort of punishment. We are very much educated, hardworking, and prideful, as are employees in other industries. I am seeking creative ways to supplement the school funding for my program, enriching the opportunities for my students. The Education Foundation will work together with industry supporters to help fulfill the school s $50,000 wish list for their collision program, which will benefit not only current but also future collision student professionals. In the Makeover grant program s first two years, the Collision Repair Education Foundation has awarded over $550,000 to 70+ school programs through the generosity of industry supporters. 15

16 Makeover Grant Matching Makeover Award Cypress College Cypress, CA Cypress College has been awarded Solera s Matching Makeover grant through the Collision Repair Education Foundation. The Solera grant was made available exclusively to California secondary and/or post-secondary schools, and Cypress College will have its $50,000 wish list of needed tools, equipment, and supplies fulfilled to benefit its collision program. This $25,000 grant is a portion of the $100,000 donation made to the Collision Repair Education Foundation in 2010 by Solera Holdings, Inc. and its CEO, Tony Aquila; the largest cash donation ever received by the not-forprofit organization. Current industry supporters of the California Matching Makeover grant program for Cypress College that will fulfill the second $25,000 of the grant include: Radiator & A/C, ALLDATA, Assured Performance Network, Chilton Auto Body, Collision Services, Crockett s Premier Autobody, FIX Auto, Hobart, Matco Tools and Oakland Autobody. The goal of the Ultimate Collision Education Makeover program is to honor a highperforming school that has been doing an outstanding job in educating students in collision repair, but is in need of financial assistance to improve their program s teaching materials and equipment. The winning school selects $50,000 in supplies, tools, and equipment needed specifically for their collision program. Solera is truly pleased to provide and sponsor the Matching Makeover grant program for Cypress College through the Collision Repair Education Foundation, said Rick Tuuri, VP of Industry Relations for Audatex, a Solera Company. It is important to Tony Aquila that we make a lasting difference for collision repair students, and transforming Cypress College helps to achieve that goal. At Solera, we believe that Life Is Full of Transformation. As a result, we have developed our L.I.F.T. program, to help others succeed through their life changes. We would also like to thank the additional industry partners that have come on board to participate in this Matching Makeover grant program for Cypress College. Only through industry members coming together to support its future professionals will we have the greatest impact. Cypress College Auto Collision Instructor Dan Snook said, As the recipients of the 2011 California Matching Makeover grant sponsored by Solera and Tony Aquila, the Cypress College Collision Repair Technology Department staff and students express their appreciation. Collision technical schools, ours included, are dependent upon industry partnerships such as this. It is the support of partnerships and educational grants that make it possible to train students at the highest level. Future technicians receive hands-on training using the latest equipment and products provided by our industry partners, ensuring students will be trained to the highest level before entering the automotive collision repair industry. 16

17 Talk of the Future I along with the freshman class of collision repair from Thaddeus Stevens College of Technology would like to thank 3M and the Collision Repair Education Foundation for their continued generosity. With budgets being as they are any donation is welcomed and greatly appreciated by our College and our students. Dennis Antosy (Thaddeus Stevens College of Technology Lancaster, PA) Thank you very much for the donation of your products. The students were overwhelmed that someone such as your company cares enough to give them material that will give them experience. Rest assured that material will be used to its fullest. Thaddeus Stevens College of Technology Lancaster, PA Richard Segura (Skyline High School Dallas, TX) Please extend my class gratitude for the donations as it helps the students to reach higher goals when they have materials that are used within the industry. As we all know, the budget cuts have hurt schools in that we are under funded and have to skip purchasing certain materials that aren t deemed of high importance to teach with. All of the donations from the fine companies that support the Collision Repair Education Foundation and the trade schools help us to make the learning experience that much better for our students. Gary Barger (Central PA Institute of Science and Technology Pleasant Gap, PA) Thank you so much for the very generous donations. These kinds of donations really help our program by being able to expose our students to products and techniques that we could not afford to provide out of our limited budget. The students are already excited about being able to get to use them and are now looking forward to next semester where I am sure we will put them to good use. Northern Virginia Community College Alexandria, VA Geoffrey Brown (Northern Virginia Community College Alexandria, VA) The Collision Repair Education Foundation has contributed to our collision and refinishing program repeatedly. It is always greatly appreciated. In these times of shrinking budgets, this generosity greatly enriches our students education. Your support helps more than you know, thank you. Eric Christensen (Spokane Community College Spokane, WA) 17

18 2011 Financials CURRENT ASSETS Cash $131,932 Investments $1,509,194 Accounts Receivable (net) $211,925 Prepaid Expenses $4,306 Inventory $0 Total Current Assets $675,492 PROPERTY AND EQUIPMENT Furniture and Fixtures $4,903 Data Processing Equipment and Website $99,448 Less: Accumulated Depreciation $91,434 Net Property and Equipment $12,917 Total Assets $1,870,274 LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accounts Payable and Accrued Expenses $29,581 Deferred Revenue $19,620 Total Liabilities $49,201 NET ASSETS Unrestricted $1,508,035 Temporarily Restricted $313,038 Total Net Assets $1,821,073 Total Liabilities and Net Assets $1,870,274 STATEMENT OF ACTIVITIES REVENUE AND OTHER SUPPORT Donations Unrestricted $305,998 Restricted Project $397,816 In-Kind Donations $3,437,352 Investment Income $50,177 Other Income $10,697 Net Assets Released from Restrictions $365,526 TOTAL REVENUE AND OTHER SUPPORT $4,567,566 EXPENSES GRANT PROGRAM EXPENSES Scholarships and Grants Unrestricted Grants $69,581 Restricted Grants $84,967 In-Kind Grants $3,431,049 Other Expenses $128,331 TOTAL GRANT PROGRAM EXPENSES $3,713,928 OPERATING EXPENSES Payroll $219,980 Payroll Taxes and Benefits $41,566 Rent and Building Expenses $23,664 Travel $43,629 Professional Services $13,400 Marketing and Promotion $9,410 Meetings $9,359 Office Operations $44,104 I-CAR Service Expense $14,970 TOTAL OPERATING EXPENSES $420,082 CHANGE IN UNRESTRICTED NET ASSETS $433,556 CHANGES IN TEMPORARILY RESTRICTED NET ASSETS Net Assets Released From Restrictions $365, INCREASE (DECREASE) IN NET ASSETS $68,030

19 Mission Recent 3M Donations Mission Statement To secure and distribute charitable donations to support endeavors that promote, qualify, and properly train employees entering the collision industry. The future success of any endeavor always depends on the ability of future generations to continue to build upon present achievements and adapt to ever-changing situations and environments. Within the collision industry, future business success will depend upon the next generation of productive, capable, and talented collision repair technicians to continue in the trade. The Collision Repair Education Foundation was formed to promote and support this next generation of well-trained collision industry employees. Our goal is to foster the best possible collision repair education environment by offering better opportunities for collision repair students, promoting well-trained instructors, and helping career and technical schools and colleges receive the equipment and supplies that meet the needs of the collision industry. Wallace Community College Eufaula, AL Cuesta College San Luis Obispo, CA Tuscola Technology Center Caro, MI 19

20 5125 Trillium Blvd. l Hoffman Estates, IL l P: l F: l CollisionEducationFoundation.org l info@ed-foundation.org