The SRC Foundation was officially incorporated as a not-for-profit corporation in the spring of 1979 with nine Board of Directors: John B. Windsor, Al Cooper, Jack Stites, Otto Stephenitch, Edward Walker, Walter Karrick, James Montague, Paul C. Gianini, and Lowell B. Fisher. Its original purpose was “to support the general welfare of Spoon River College by the solicitation and receipt of grants, endowments, and other funds and the allocation of these funds to the college for educational, service, capital, and other institutional needs.” It received its 501(c)3 designation from the Internal Revenue Service later that fall.
While times have changed and the college has grown to support an additional campus in Macomb, centers in Rushville and Havana, and Community Outreach Centers in Macomb and downtown Canton, the intent of the Foundation remains the same. Today, the Foundation Board of Directors represents the entire 1,566 square miles of Illinois Community College District 534 which includes portions of Fulton, Schuyler, McDonough, Knox, and Mason counties.
A copy of the Foundation’s current By-Laws may be found in the Foundation Reports section of the website.