Lorain Community College
In 2007, Lorain County Community College experienced tremendous success through its university partnership with higher ed institutions in the region and campus expansions. However, it was unclear what the direction was for its next phase of growth. One of the key elements was the development of the Innovation Fund that would later stimulate new business and promote emerging industries. The Cramer & Associates feasibility study tested up to $10 million.
- Feasibility Study
- Campaign Counsel
The feasibility study presented a $10 million outline of initiatives that showcased workforce development, degree attainment, community partnerships, and arts and culture. A campaign goal of $8 million was recommended in order to focus on workforce development, stimulate new business opportunities and to promote emerging industries.
The staff structure at the time was challenged with a shared management and through the recommendation of Cramer & Associates, a unique leadership structure was developed. The structure included 18 honorary chairs, 12 co-chairs and a director of advancement for the foundation and development teams.
The campaign was launched in the summer of 2008 when the recession began to impact the national economy. Cramer & Associates reinforced the importance of workforce development and the Innovation Fund and how it would help stimulate the local economy. The campaign utilized a variety of funding sources including planned giving, corporate support, family gifts, and national foundations.
» Campaign exceeded the $8 million goal, first at the $10 million, then $12 million and ultimately surpassing the $20 million benchmark.
» Worked with them from 2006 to 2009.
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