Why give to the endowment?

Donors give to various causes for many reasons. For this campaign, an number of key points have been particularly meaningful to supporters:

• For every $1 donated, 50 cents will be matched and held in the Endowment.
• 100 percent of every dollar donated goes directly to funding $1,000 student scholarships every year, forever.
• Donors can designate scholarships to students in specific areas of study and for a college, district or region of choice, and can name the scholarship as they wish.
• A gift of $13,334, matched by $6,667 from the Osher Foundation, results in a total gift of $20,000 held in the Endowment to fund one, $1,000 scholarship every year, forever.

For more background about the Endowment, visit www.SupportTheEndowment.org.
For more information

For more information on the California Community Colleges Scholarship Endowment and how you can get involved, visit SupporttheEndowment.org.
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The California Community Colleges Scholarship Endowment


   
 
 
Dr. Mary Bitterman, Bernard Osher, and Governor Arnold Schwarzenegger on May 6, 2008
Image courtesy Sharpe Photography
On May 6, 2008, Governor Arnold Schwarzenegger, then-Chancellor Diane Woodruff, and Foundation for California Community Colleges President Paul Lanning joined dozens of other California Community College system representatives and students for a historic announcement: the launch of the Osher Initiative for California Community College Students, and the creation of the California Community Colleges Scholarship Endowment.

The Bernard Osher Foundation committed $70 million to benefit California's community college students through both a statewide scholarship endowment and a $20 million commitment for transfer students entering 19 UC and CSU campuses. Of the $50 million earmarked for the California Community Colleges, $25 million was gifted at the outset, creating the statewide endowment, and an additional $25 million was pledged, predicated on the system's ability to raise an additional $50 million to ultimately create a $100 million fund.

Since that time, the Foundation has worked with local college foundations and administrators throughout California to raise funds, creating an ever-increasing scholarship endowment that will provide meaningful aid to community college students statewide every year in perpetuity.

Encapsulated here are the stories of the campaign for the California Commmunity Colleges Scholarship Endowment, a campaign that continues until June 30, 2011. The clock is ticking as our system works to meet the Osher challenge to create this historic endowment for students in need.

 

Osher ScholarsCreating A Legacy
How the Osher Initiative for California Community College Students is delivering on its promise.

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Endowment NewsEndowment News: One Year Later
With its commitment of $50 million to the California Community Colleges, The Bernard Osher Foundation has inspired a new trend in community college philanthropy and has helped raise awareness of the need to increase scholarship support to California’s community college students.

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The Largest GiftLooking inside The Largest Gift in Community College History
California Community Colleges Chancellor Diane Woodruff announced during a live press conference in the Governor’s Office the single largest gift ever made to a community college system: a $70 million commitment from The Bernard Osher Foundation to support California Community College students.

Full story >

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