Wyoming Community College Endowment Challenge
In 2004 the State Legislature and Governor passed and signed a special one time program for creation and enhancement of endowments at the colleges. The Wyoming Community College Endowment Challenge provided each college with an opportunity to match state funds up to $4.5 million on a dollar for dollar basis --specifically to create new or expand existing endowments. As Eastern Wyoming College celebrates its 60th anniversary of service to the citizens of the State, this is a wonderful opportunity for people to be reminded of the impact the College has had on thousands of students, and to join with the College in this unique and important program.
As of October of 2008, the College has received slightly over $1,000,000 in private support for endowment, which is matched by State funds for a total of more than $2,000,000. The State program allows $4.5 million in private contributions for endowment, and $4.5 million in State matching funds.
The Endowment Challenge requires Eastern Wyoming College to have gifts for the program committed by June 30 of 2009, and in place by December 31 of 2009. With that in mind, the College and Foundation have determined that a strong effort can and should be made in late 2008 and into 2009 to address important needs directly related to success of students from eastern Wyoming. The target for private support before June 30, 2009, is $650,000. With matching funding from the state, this will create $1.3 million in expanded and new endowment in support of student opportunity and success.
The priorities of the College's endowment effort are taken directly from the College planning process which identified these priorities, and have been affirmed by the completion of the College's strategic planning process in the Spring of 2008. These priorities include endowments for scholarship and instructional materials, technology acquisition related to academic and occupational programs, creation and promotion of college and community cultural and speakers programs, and for faculty and staff development and innovative program needs. All of the areas listed below for endowment support focus on raising and maintaining the level of quality in instruction, on student success, and on providing the highest possible level of service to the College's communities, its businesses and its citizens.
Contact the Eastern Wyoming College Office of Development for additional details on this program.
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