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HACC Foundation
The HACC Foundation was established in 1985 as the philanthropic arm of HACC, Central Pennsylvania's Community College. Donald Sites leads the board, with...
HACC Foundation
The HACC Foundation was established in 1985 as the philanthropic arm of HACC, Central Pennsylvania's Community College. Donald Sites leads the board, with Linnie S. Carter running day-to-day operations as executive director and John J. 'Ski' Sygielski serving as secretary in his capacity as college president. The foundation operates as a blended component unit of the college, meaning its assets and liabilities are reported within HACC's financial statements but it retains separate governance. The foundation's investment posture is unusually tangible for an educational endowment. Beyond a traditional investment portfolio, it directly owns an ambulance for the EMS training program and three commercial properties on and around the Harrisburg and Lebanon campuses — the Hall Technology Center, the Lebanon Campus Building, and the C. Ted Lick Wildwood Conference Center. This real estate portfolio, combined with donor-advised funds and scholarships underwritten by the High Foundation and the Justamere Foundation, generates both revenue and in-kind support. Deployment focuses on scholarships, program-specific equipment, and facility modernization across the college's five campuses. Total assets under management are undisclosed, though the foundation's physical holdings and donor network suggest a balance sheet weighted toward Pennsylvania real estate. The foundation maintains ties to professional networks including NACUBO, where board members participate as subject matter experts, and the American Bar Association, which accredits the Paralegal Studies program the foundation supports. In recent years, grantmaking has funded the Senator John J. Shumaker Public Safety Center and the Peggy Washburn Artist Lecture Series at the Rose Lehrman Arts Center. The HACC Foundation differs from most educational endowments in that it owns and operates commercial properties directly rather than outsourcing real asset exposure to external managers. This blended model — where a community college foundation functions as both grantmaker and commercial landlord — creates a revenue stream less correlated to traditional endowment returns, insulating the college's support from market cycles.
General information
Firm type
Single Family Office
Year founded
1985
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Harrisburg
Corporate office
Harrisburg, PA, United States
Additional offices
Lebanon, PA, United States
Principals
Donald Sites
Chair of the Board
Linnie S. Carter
Executive Director and Vice President of College Advancement
John J. 'Ski' Sygielski
Secretary and President of HACC
Sector focus
Frequently asked questions
How is the HACC Foundation legally structured relative to the college?
The foundation is a 501(c)(3) nonprofit and a blended component unit of HACC, Central Pennsylvania's Community College. This means it has its own board and governance but its financial position is consolidated into the college's annual statements. The structure allows the foundation to hold assets, accept donations, and manage investments separately while remaining legally and operationally tethered to the college's mission.
What physical assets does the foundation own beyond its investment portfolio?
The HACC Foundation directly owns at least three commercial properties: the Hall Technology Center in Harrisburg, the Lebanon Campus Building, and the C. Ted Lick Wildwood Conference Center, also in Harrisburg. It also owns an ambulance used for the college's EMS training program. These holdings generate revenue and provide operational space for college programs.
Who runs investment decisions at the foundation?
The foundation does not publicly name an internal chief investment officer or disclose an investment committee roster. Donald Sites chairs the board, and Linnie S. Carter serves as executive director; investment oversight likely falls under board-level governance, though the specific allocation model and any external manager relationships are not publicly available.
What does the foundation fund at HACC?
The foundation directs capital to student scholarships, new academic program development, training equipment purchases, and facility upgrades across HACC's five campuses. Named programs include the Senator John J. Shumaker Public Safety Center, the Peggy Washburn Artist Lecture Series, and the EMS program. Donor-advised contributions from partner foundations like the High Foundation also flow through the foundation's accounts.
Does the foundation disclose its total assets under management?
No. The HACC Foundation does not publicly report a consolidated AUM figure. Its IRS Form 990 filings would contain balance sheet data, but the foundation's leadership does not promote an aggregated number. Physical real estate holdings complicate any simple AUM calculation.
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