Page 15 - 2014 DGB Annual Report

Number of Endowed Student Scholarships
104
77
69
62
2006 2008 2010 2012 2014
113
$12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000
$10,021,611
Growth of Endowment
$6,302,755 $5,486,121
$7,969,279
2008 2010
2012 2014
YAVAPAI COLLEGE FOUNDATION
Strength and stability for the long haul
To ensure the long-term strength and stability of the college, four years ago YCF announced that it had set a 10-year goal to
grow the YCF endowment from $6,000,000 to $16,000,000 by the year 2020. Since that announcement, YCF has made impressive progress. As of June 30, 2014, the YCF endowment campaign total was $10,021,611. At the current rate of growth, YCF believes that it will meet, and possibly exceed, the campaign goal ahead of schedule. However, this won’t happen without continued involvement from college and community leadership. Almost anything the college does can be endowed – scholarships, dean’s positions, department chairs, coaching positions, academic programs, facilities upkeep and more. In making such endowments, donors can ensure in perpetuity the continuation of a mission that matters to them.
Much of this endowment growth is attributable to generous donors who chose to make a positive difference in the lives of deserving YC students by making a gift to the YCF student scholarship endowment. Some chose to add to an existing scholarship fund, while others decided to establish a new endowed scholarship fund, named in honor of a loved one. Many donors prefer the second option because it provides a scholarship to one or more students each year in perpetuity. In all, YCF now has 113 named endowed scholarships. Last year alone, YCF raised $566,767 in scholarship gifts that have made a significant impact on student success.
The Yavapai College Foundation’s 2014 “Wine and Dine in the Vines” event on the Verde Valley Campus raised $63,000 in support of the Southwest Wine Center at Yavapai College.
Fifteen Yavapai College students from across Yavapai County were awarded full tuition and fee scholarships for the College’s nursing
or radiologic technology degree programs in 2014. The Jewish Community Foundation of Prescott funded 13 of the scholarships and the Margaret T. Morris Foundation funded two.
15