500 Newtown Pike
Lexington KY 40508
Contact Information
Address 500 Newtown Pike
Lexington, KY 40508
Phone (859) 246-6584
Fax 859 246-4699
Contact Name Laurel Martin
At A Glance
IRS Ruling Year 2007
Former Names
Lexington Community College
Central Kentucky Technical College
Financial Summary
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Mission Statement


Bluegrass Community and Technical College Foundation Inc. (BCTC Foundation) is a non-profit 501(c)3 organization with a mission to advance the purposes of fundraising, advocacy, public relations, and the educational and community service goals of Bluegrass Community and Technical College (BCTC).  The BCTC Foundation secures private funding for BCTC so the college can focus on its mission of contributing to the vitality of our communities by providing quality education in academic transfer, professional-technical and life-long learning.  


Background Statement Bluegrass Community and Technical College was established in 2005 through the consolidation of Lexington Community College and Central Kentucky Technical College. These two colleges represent a rich history of providing education in this community for more than 75 years. The BCTC Foundation was formed in the same year to support the college as it constantly strives to fulfill its mission to transform the Bluegrass – one student at a time, one employer at a time, and one community at a time. BCTC is a fully accredited, comprehensive community college, offering transfer, career, and technical programs. The College also provides classes in adult literacy, customized workforce training, continuing education, and community outreach. Over 3,300 students graduate each year with associate degrees, diplomas, and/or certificates from 44 programs of study. Many of these graduates continue their education at other colleges and universities. Approximately 2,000 students transfer from BCTC to a four-year public institution each year, making BCTC the top transfer college in Kentucky. BCTC has dual-admission agreements with the University of Kentucky, Eastern Kentucky University, and Kentucky State University. BCTC is known for the quality of its instructors, with award-winning professors recognized in 2007, 2009, and 2015 as the Carnegie Foundation’s Kentucky Professor of the Year by the Council for Advancement and Support of Education. Excellence in teaching has expanded to online offerings, allowing students to pursue higher education from anywhere at their own pace. BCTC is currently one of the largest providers of distance learning in Kentucky. BCTC also brings its excellence in teaching to the workplace. The college serves over 325 businesses and trains more than 1,200 workers each year. Through Workforce Solutions, BCTC offers customized employee training that transforms business by providing the more advanced and productive workforce needed in today’s global economy.
Impact Statement Every year, Bluegrass Community and Technical College (BCTC) makes higher education accessible and affordable for more than 14,000 students, including recent high school graduates, working professionals, and returning learners. With a focus on associate degrees and certificate programs, as well as workforce development and continuing education, BCTC attracts students who plan to enter professions that are essential to Central Kentucky and beyond. Signature BCTC programs include nursing, dental hygiene, graphic design, film studies, and the North American Racing Academy that prepares equine professionals to serve as jockeys and racing officials. BCTC is funded through a combination of state appropriations, federal and state grants, tuition and fees, and philanthropy. As public funds have decreased, private support for scholarships, programs, faculty development, and capital improvements is more important than ever. Established in 2005, the Foundation manages assets totaling $3 million, awards nearly $70,000 in scholarships during the 2016-2017 academic year, and raises funds for program support, capital improvements, and faculty development. The generosity of our donors has helped create a learning environment that rivals that of any four-year institution.
Needs Statement Bluegrass Community & Technical College Foundation (Foundation) is a 501(c) 3 nonprofit organization that supports the mission and goals of Bluegrass Community and Technical College (BCTC). The Foundation plays an essential role in the growth of BCTC and its service to the community by promoting awareness and philanthropic support of the college. Our current funding priorities include completing our campaign to raise $6 million toward the expansion of our Newtown campus by constructing the Science Education Center that is expected to open for the Spring 2018 semester.We are working to raise $1.4 million to support the construction of the Advanced Manufacturing Center on our Danville campus.Each year, program support and scholarships allow us to help individuals pursue their education.
CEO/Executive Director Statement Bluegrass Community and Technical College and the BCTC Foundation benefit from the generosity of individuals, corporations, and foundations who invest in our students, programs, and facilities. The 2015-2016 fiscal year was our most successful one to date with $1.4 million dollars in gifts and pledges.We are currently making tremendous investments in facility construction and renovations.Each year, private support provides critical funding for the many initiatives and programs at BCTC.These investments have become truly essential to our success and we are sincerely grateful as they make our success possible. Laurel Raimondo Martin, Associate Vice President for Advancement and BCTC Foundation Executive Director
Board Chair Statement
It is my pleasure to serve as the chair of the Bluegrass Community and Technical College Foundation Board of Directors. As a board, we are dedicated to increasing private support for BCTC and its mission of providing quality education throughout our region.In addition to our three campuses in Lexington, we have campuses in Danville, Georgetown, Lawrenceburg, and Winchester. Our board members represent each of our seven campuses.They are community leaders who donate their professional expertise and time to make higher education possible for BCTC students. The BCTC Foundation has launched the largest funding campaign in the college’s history.We ask, and we need, your generous financial support in order to achieve our ambitious goal.The impact of your investment will be far-reaching and will be essential to the future of BCTC. We hope you will consider contributing to the success of the campaign, the college, and the students we serve.
Kim Marshall, BCTC Foundation Board Chair, 2017-2018
Service Categories
Secondary Organization Category Community Improvement, Capacity Building / Economic Development
Tertiary Organization Category Public & Societal Benefit / Leadership Development
Geographic Areas Served
Anderson County
Boyle County
Clark County
Fayette County
Franklin County
Garrard County
Jessamine County
Madison County
Mercer County
Scott County
Woodford County

Bluegrass Community & Technical College Foundation serves the Central Kentucky region, with particular emphasis on Lexington, Winchester, Lawrenceburg, Danville, and Georgetown, where current and future campuses are located. Additionally, BCTC’s diverse student population also represents each of Kentucky’s 120 counties, 34 US states, and 18 foreign countries in the past school year alone.

Board Chair
Board Chair Ms. Kim Marshall
Company Affiliation Central Bank & Trust Company
Term July 2016 to June 2018
Board Members
Mr. Alonzo Allen Toyota Motor Manufacturing, RetiredVoting
Ms. Linda Breathitt Community Volunteer Voting
Mrs. Connie Harvey Conduent, RetiredVoting
Mrs. Carlean Hefner Ludwig, Blair & Bush PLLCVoting
Mr. Jim Jacobus Inter-County Energy CooperativeVoting
Dr. Augusta Julian Bluegrass Community & Technical CollegeVoting
Ms. Kim Marshall Central Bank & Trust CompanyVoting
Mr. Mark Mayer Stock Farm, Inc.Voting
Ms. Suniti Mujumdar Alltech, Inc.Voting
Ms. Katy Neyhouse WealthSouthVoting
Ms. Gayle Smith Legislative Research CommissionVoting
Mr. Ron L. Walker, Jr.US Dept. of JusticeVoting
Mr. Richard Webb Harrodsburg/Mercer Co. Industrial Development AuthorityVoting
Mr. Richard Wehrle Bowles Rice McDavid Graff and Love, LLPVoting
Mr. Mark Willis StantecVoting
Board Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 0
Caucasian 13
Hispanic/Latino 0
Native American/American Indian 1
Other 0 0
Board Demographics - Gender
Male 7
Female 9
Unspecified 0
Board Term Lengths 3
Board Term Limits 3
Board Meeting Attendance % 74%
Written Board Selection Criteria? No
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 90%
Constituency Includes Client Representation No
Number of Full Board Meetings Annually 5
Board Co-Chair
Board CoChair Mr. Jim Jacobus
Company Affiliation Inter-County Energy Cooperative
Term July 2016 to June 2017
Standing Committees
Board Governance
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
CEO/Executive Director
Executive Director Mrs. Laurel Raimondo Martin PhD
Term Start Jan 2014
Full Time Staff 1
Part Time Staff 1
Volunteers 16
Contractors 0
Retention Rate 0%
Management Reports to Board? Yes
Staff Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 2
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Staff Demographics - Gender
Male 0
Female 2
Unspecified 0
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation Yes
Senior Management Formal Evaluation Frequency Annually
NonManagement Formal Evaluation Yes
Non Management Formal Evaluation Frequency Annually
CEO Comments
The Bluegrass Community and Technical College Foundation has a memorandum of understanding with the Bluegrass Community & Technical College, in which the staff of the college's Resource Development Office provides support for the Foundation. This support includes, but is not limited to, grant-writing, fundraising planning, solicitations, and administrative organization.The Resource Development staff includes an Associate Vice President for Advancement (who serves as the Foundation Executive Director), Administrative Assistant, and Gift Account Specialist.
Therefore, because the Foundation does not have employees, the Foundation also does not have a Policy and Procedures Plan. The College does have a Human Resources manual that can be found at

Similarly, while the Foundation continues to work on developing its own policies and procedures regarding non-discrimination, whistle-blowing, and the like, the members of the Foundation agree to adhere to the personnel standards set by Bluegrass Community & Technical College.

The Foundation’s strives to support BCTC students directly through scholarships. The College is experiencing the highest enrollment numbers in its history, which translates to an increased number of students needing assistance to further their education. Since financial difficulty is the leading reason that students do not complete a college education, the increased availability of scholarships is the most effective way to impact student retention and completion rates at BCTC.Scholarships will provide more students with the opportunity to pursue postsecondary education while still meeting their living expenses. In addition, scholarships can reduce the number of hours that a student must work to pay for their higher education and living expenses. 

Budget 24,000
Category Education, General/Other Student Financial Aid
Population Served Adults, Unemployed, Underemployed, Dislocated,
Program Short Term Success

By providing financial support, BCTC Foundation is enabling more students to successfully complete programs and graduate. As the Foundation increase its funding for scholarships, it will in turn increase its ability to impact more students.

Program Long term Success

The Foundation strives to remove financial barriers that prevent students from continuing their education by providing financial support through scholarships. Everyone should have the opportunity to achieve the highest level of education that they desire and as a result, the highest quality of life possible. As the Foundation continues to communicate the significant need for increased scholarship money, more barriers will be removed and more students can transform their lives through education.

Program Success Monitored By

The Foundation monitors the scholarship recipients in regards to their progress towards achieving their educational goals at BCTC.

Examples of Program Success
Adam Houghton, recipient of the Hobart Opportunity Scholarship for the  2016-2017 academic year,  is a welding student at the Danville campus with plans to graduate this year. With the assistance of his welding instructor, he received a paid internship and has been offered full-time employment at Hobart in Danville upon graduation.
“I will be the first person in my family to graduate from college.” -Adam Houghton

Community and technical colleges are traditionally known for their ability to respond quickly to changes in the marketplace; however, this responsiveness takes resources. As markets become more and more competitive, and as businesses throughout the Bluegrass Region compete across the globe, it is imperative that their workers continue to hone their skills. Given adequate resources, BCTC’s credential-focused and customized training programs can meet this challenge by providing up-to-date training with equipment, technology, program supplies, services and trained instructors. The BCTC Foundation works to ensure that knowledge and skills needed by current and future workers will be readily available at the college as new technology and processes are developed.

Budget 166,350
Category Education, General/Other Educational Programs
Population Served General/Unspecified, ,
Program Short Term Success

In the short-term, the financial support provided by the Foundation enables the programs and campuses at BCTC to stay up-to-date with the knowledge and technology currently being utilized by the workplace.  Employers will find the graduates of BCTC to be trained and able to quickly become productive workers.

Program Long term Success

Graduates from BCTC are helping to strengthen Kentucky’s ability to compete in the global marketplace. The availability of a well-trained workforce can attract new businesses to Central Kentucky and help make the current ones more successful.

Program Success Monitored By

Success will be measured by the Foundation’s ability to help fund and provide an avenue for donors to support program initiatives and campus developments.   

Examples of Program Success


In May 2010, BCTC unveiled a 20-year plan for a new campus. The Newtown Campus is located on the 48-acre former site of the historic Eastern State Hospital. Upon completion, the campus will consist of 14 to 17 buildings and will include historically significant buildings renovated for adaptive use.

Construction has begun on the first building. A 92,240-square-foot, four-story classroom building will include classrooms, student services, a learning commons, a science lab, a career center and a film production studio. Some of the programs in the new building include computer science and information systems, information material design, computer graphic design, film production, business, and general education classes. The building will accommodate about 1,000 students and will be LEED Certified, meeting the highest green building and performance measures. This building is expected to be ready in 2013, and the Commonwealth of Kentucky has funded its construction of the first building.

Budget 35,741,000
Category Education, General/Other Education, General/Other
Population Served Adults, At-Risk Populations, General/Unspecified
Program Short Term Success

The total budget for Phase I is $35,741,000. Additional funds will be needed to further develop the campus.

BCTC will undertake activities to engage the neighborhood to encourage them to see the college as a community partner. Newtown Campus will also mark the construction of BCTC’s first LEED-certified facility, cementing the College’s commitment to the environment as well as the communities it serves. 


Program Long term Success

The Newtown Campus opened in 2013. We are currently under construction for our Science and Technology Center.  It is the Foundation’s hope that BCTC will become a key part of the North Lexington community throughout its development, ensuring a strong partnership with the community long into the future. 

Program Success Monitored By

Success will be measured in terms of BCTC’s increased enrollment capacity and upgraded capability to provide high-quality training, ensuring a highly-qualified workforce.

Examples of Program Success Cherie Sibley, CEO with Clark Regional Medical Center states, "We have supported the BuildSmart Campaign on behalf of students so that they can realize their aspirations. BCTC plays a significant role in education and workforce development for healthcare professionals, and we are the beneficiary of that effort."
Plans & Policies
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers 3
Date Strategic Plan Adopted June 2016
Management Succession Plan? No
Organization Policy and Procedures Yes
Nondiscrimination Policy No
Whistleblower Policy Yes
Document Destruction Policy Yes
Government Licenses
Is your organization licensed by the Government? No
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Fiscal Year
Fiscal Year Start July 01, 2017
Fiscal Year End June 30, 2018
Projected Revenue $473,200.00
Projected Expenses $317,565.00
Endowment Value $101,432.00
Spending Policy N/A
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available). Revenue from foundations and corporations may be included in individual contributions when not itemized separately.
Fiscal Year201720162015
Foundation and
Corporation Contributions
Government Contributions$2,500$2,000$9,000
Individual Contributions$493,209$481,075$298,155
Investment Income, Net of Losses$10,256$9,224$7,525
Membership Dues------
Special Events----$174
Revenue In-Kind------
Expense Allocation
Fiscal Year201720162015
Program Expense$423,013$437,835$228,167
Administration Expense$14,551$14,277$14,368
Fundraising Expense$752$5,617$2,876
Payments to Affiliates------
Total Revenue/Total Expenses1.151.081.39
Program Expense/Total Expenses97%96%93%
Fundraising Expense/Contributed Revenue0%1%1%
Assets and Liabilities
Fiscal Year201720162015
Total Assets$1,241,486$914,716$878,975
Current Assets$843,802$557,652$515,010
Long-Term Liabilities------
Current Liabilities$268,326$37,855$36,579
Total Net Assets$973,160$876,861$842,396
Capital Campaign
Currently in a Capital Campaign? Yes
Campaign Purpose Newton Campus expansion for construction of Science Education Center
Goal $6,000,000.00
Capital Campaign Anticipated in Next 5 Years? Yes
State Registration Yes
Address 500 Newtown Pike
Lexington, KY 40508
Primary Phone 859 246-6584
Contact Email
CEO/Executive Director Mrs. Laurel Raimondo Martin PhD
Board Chair Ms. Kim Marshall
Board Chair Company Affiliation Central Bank & Trust Company