Letter from the Chair:

This has been a year of transition for many of us including the Missouri Colleges Fund. As a society, we are learning what the world looks like after a pandemic that impacted us so much. Higher education is changing and adapting to students’ needs and desires. And most of us are working with tighter budgets, fewer team members, and higher expectations.

Our new President, Susan Stegeman, understands the challenges that face higher education. She has brought new ideas and energy to the organization resulting in an increase in donations this past year to support our member institutions. Missouri Colleges Fund has worked with the Council of Independent Colleges (CIC) on grants to support the Fund including a STEM matching grant of $16,000 and a $10,000 capacity grant that allowed us to update marketing materials and our website.

We’ve implemented a Show-Me Scholarship Challenge Match to celebrate our 70th year with support from a CIC challenge grant and as of December, 72% has been raised for the match. Other highlights from this past year include holding our first Advancement Roundtable with our member institutions, adding scholarship recipient thank you videos for our donors, providing a way for donors to give online on our website, reducing operational expenses, and having several members attend the Midwest Roundtable on Talent to discuss ideas to better support our institutions and students.

Thank you to the Board for their support and guidance over the past year as we work to raise more funds for our Missouri private higher education institutions. We look forward to continuing our mission to acquire resources to help educate students and offer even more scholarships for our future leaders. Your gift matters and strengthens the ability of our member institutions to educate talented students regardless of their financial circumstances. We appreciate your support of the Missouri Colleges Fund.

Sincerely, Kris Lensmeyer
Board Chair

Kris Lensmeyer Pictured

Board of Directors Executive Committee:

Board Chair
Ms. Kris Lensmeyer
Fresh Ideas Food Management 

Chair Elect 
Mr. Steve Sowers 
President, Commerce Bank

Dr. Keith Ross
President, Missouri Baptist University

Past Chair
Mr. Ken Theroff
President, Central Bank 

Mr. David Disney
Retired, J. E. Dunn Construction

Dr. Roger Drake
President, Central Methodist University 

Ms. Louise Hune
Retired, Jefferson City Medical Group

Ms. Susan Stegeman, 
CEO, Missouri Colleges Fund 


Mr. Stephen S. Adams, III 
Iron Steed Harley Davidson 

Mr. John Beuerlein
Interim President, Drury University

Ms. Stacey Button
President, REDI & Director of Economic Development, City of Columbia

Dr. James Burkee 
President, Avila University 

Dr. Sandra Cassady
President, Rockhurst University 

Mr. David Cliburn
Broker, Wallstreet Group

Mr. Joseph Davies
Vice President, Central Bank of Boone County 

Mr. Don Fox
Senior Vice President, Wells Fargo Advisors 

Mr. Donald Lofe, Jr. 
President, Westminster College 

Dr. Mark Lombardi
President, Maryville University 

Dr. Robert Matz
President, Hannibal-LaGrange University 

Dr. Richard Melson 
President, Southwest Baptist University 

Dr. Jeremy Moreland 
President, William Woods University 

Ms. Sarah Mullen
Lewis & Rice, LLC

Dr. Stephanie Niles
President, Cottey College 

Dr. John Porter
President, Lindenwood University 

Dr. David Russell
President, Columbia College 

Dr. Lauren Schellenberger 
President, Culver-Stockton College 

Mr. Shane Smeed 
President, Park University 

Mr. Steve Sowers
President, Commerce Bank 

Dr. Elizabeth MacLeod Walls
President, William-Jewell College

Ms. Marcia Youker 
Director of Business Development, J. E. Dunn Construction

Missouri Colleges Fund has established itself as a prominent organization in the state of Missouri due to its unwavering commitment to supporting higher education and creating opportunities for deserving students. The organization works closely with member colleges and universities to support students who may not have the financial means to pursue a college education and provides them with scholarships that help to remove financial barriers and enable them to achieve their academic and career goals.

Through its efforts, Missouri Colleges Fund has become a trusted partner in the community and a leader in providing access to higher education for all. The organization’s strong network of donors and supporters is dedicated to investing in the future of Missouri’s workforce and economy, making it an invaluable asset to the state.

It is evident that Missouri Colleges Fund’s mission is centered around ensuring that every student has the opportunity to pursue higher education, regardless of their financial situation. By providing scholarships, the organization is helping to bridge the gap between those who have the means to attend college and those who do not. This is a crucial step towards creating a more equitable society, where every individual has an equal chance to succeed.

How MCF is a Leader in Education

In conclusion, Missouri Colleges Fund’s commitment to supporting higher education and creating opportunities for students is commendable. The organization’s efforts are not only helping to remove financial barriers but also enabling students to achieve their academic and career goals. With its strong network of donors and supporters, Missouri Colleges Fund is poised to continue its leadership in providing access to higher education for all.