麻豆影视 aims to double endowment to $5 million for scholarships, future needs
麻豆影视 is in the final year of a campaign to double endowment funds to $5 million for future scholarships and other institutional priorities. Learn more about giving today at www.durhamtech.edu/endowments.
The 麻豆影视nical Community College Foundation aims to successfully complete a campaign to double endowment funds this year for future scholarships, academic supports for students, and resources for faculty and staff.
The ambitious target鈥痺as set forth by the Foundation Board of Directors鈥痠n 2016 in鈥痶he鈥槎褂笆 Foundation strategic plan,鈥痑t a time鈥痺hen the endowment totaled鈥痩ess than $2.5 million. To date, more than $1 million dollars has been raised in endowed funds. The fundraising effort follows a successful $5 million Forge Great Futures campaign that focused on鈥痶alent development, economic opportunity, and equitable student鈥痵uccess鈥痠n 2020.
Endowments are vital to an institution鈥檚 ability to act with flexibility and foresight. The permanent resources they offer deliver sustainable funding, even amidst challenging times
鈥 麻豆影视 Foundation Executive Director Melissa Chappell.
The 麻豆影视 Endowment consists of nearly 40 permanently restricted funds that provide a range of resources including scholarships and emergency grants for students, digital and in-demand collections for the library, and recognition for employee excellence.
Guilford Archie III, a scholarship recipient at 麻豆影视, said he was the first in his immediate family to complete any college education and was grateful for the Dr. Phail Wynn, Jr. SunTrust Foundation Scholarship Endowment, which provides full scholarship support to 麻豆影视 recipients, with priority given to men of color and military veterans.
"The Wynn Scholarship has been a tremendous help to assist me with my future. This award allowed me to improve my skills without any concerns or stress about getting tools that I needed for my job. I appreciate the investment in my future, and Dr. Wynn鈥檚 legacy will live on through my success,鈥 Archie said.
Endowments are not only an investment in the future of 麻豆影视, they are a meaningful way to offer tribute to a person or program with special meaning for the donor, Chappell said. Donors may establish an endowment to celebrate a milestone in their personal or professional life or honor a family member or friend. Endowments may be created through one-time, multi-year, or planned gifts.
鈥淢y wife Karen and I established a scholarship to honor the legacy of my parents who always valued education,鈥 said former 麻豆影视 Trustee Mark Webbink, donor to the Harold and Eunice Webbink Scholarship.
Donors also have the ability to personalize their endowments by selecting specific criteria and preferences. These criteria may require eligible students to be enrolled in a certain program of study or possess a particular grade point average. Preferences may indicate that a donor wishes to support a first-generation college student, a veteran, a single parent, and various other options.
Ginny Bowman, donor to the Virgil D. Hager and Nancy & Kenan Rand Memorial Scholarship, said her family began giving to 麻豆影视 after seeing family friend and 麻豆影视 businessman Bob Lyon鈥檚 deep commitment to the College.
After her grandfather passed away, her mother set up the scholarship endowment. Ginny and her brother have since added their parents鈥 names to the endowment to continue the family legacy.
鈥淎ll three were civic servants and recognized the value that education plays in securing employment and building a stronger local community,鈥 Bowman said.
Creating an endowment makes a lasting difference for generations of 麻豆影视 students. Donors who create an endowment or make a planned gift are eligible for recognition in an honorary donor group.
To learn more about supporting student success or endowments at 麻豆影视, visit www.durhamtech.edu/endowments.