SCC Receives $45K Anonymous Scholarship Gift
West Burlington – On December 7, SCC’s Advancement Office received a visitor bearing an early Christmas gift. The donor, who wished to remain anonymous, gave $45,000 to establish a new scholarship for Des Moines County residents.
SCC Foundation Executive Director Becky Rump says it was just a regular Monday in the office when the donor stopped in unannounced.
“The gift was completely unsolicited. The donor simply stated that while they have no direct relationship with SCC, they believe us and support in the opportunities we provide individuals across the region for a better life,” explained Rump.
The donor attended then-Burlington Junior College in the ‘50s and had a successful career working in a few area industries.
The gift will fund a new scholarship designated for first-time SCC students from Des Moines County.
Rump adds that gifts like this are often born out of people’s desire to create a lasting memorial to a loved one or to further a cause close to their heart.
“People understand how much an education can make a difference in someone’s lot in life. For students who struggle to make ends meet or don’t have the means to get an education, a scholarship can be a life-changer.”
The SCC Foundation currently awards more than 200 scholarships totaling nearly $300,000 annually to students, yet only about half of those who apply for a scholarship will ultimately get one.
Establishing a scholarship is not a complicated process and doesn’t require a significant donation. Some scholarships can be based on one-time gifts, others can be built with donations over time. Donors always get to decide the criteria for how it is awarded and can have as much or as little involvement in the process as they like.
“Some people have started scholarships with as little as $500 each year for a period of five years. Some gifts, like memorials, may last for just one year and benefit a single student. Others can last in perpetuity and be awarded to dozens of students every year. It all depends on the donor.”
Gifts to the non-profit SCC Foundation can also provide considerable tax benefits to donors.
Rump says that given the time of year and the way it arrived, until she finalizes the scholarship details with the anonymous donor, she will refer to it as the “Santa Scholarship.”
For more information about the SCC Foundation or how to establish a scholarship, visit http://www.scciowa.edu/foundation/index.aspx
For more news or to learn about Southeastern Community College, visit: http://www.scciowa.edu/rss/news/index.html