$440,567 in SVC Scholarships
Posted April 24, 2014 at 5:24 am by Tim Dustrude
Skagit Valley College Foundation will fund more than $440,567 in scholarships
The Skagit Valley College (SVC) Foundation Board of Governors recently approved more than $440,567 in endowed scholarship funds to be awarded to SVC students during the 2014-15 academic year. This endowed scholarship allocation is the largest scholarship distribution SVC Foundation has ever provided in its 35-year history.
“On behalf of the Board of Governors, we are pleased to continue our tradition of supporting access to higher education at Skagit Valley College,” said SVC Foundation Board of Governors President Jeff Pleet. “The increased support by individuals, businesses, foundations and other organizations, combined with investment earnings from endowments, enables SVC Foundation to extend life-changing opportunities to students throughout Skagit, Island, and San Juan counties.”
Endowments are established by donors to honor family members or to serve specific program interests for many years into the future. Endowment scholarships are paid from earnings, while the principal continues to grow in diversified investments.
Since 1978, SVC Foundation has been making student dreams a reality and supporting exceptional educational programs, thanks to the generosity of thousands of donors. Through community, opportunity, education, and stewardship, SVC Foundation works to identify, promote, receive, and manage gifts to SVC from individuals, corporations, foundations, and other organizations. All gifts to SVC Foundation are managed in accordance with donor wishes.
For information about SVC Foundation, visit www.skagit.edu/foundation or call (360) 416-7870.
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