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Foundation Endowments

The Virginia Foundation for Community College Education works with donors to establish dedicated funds in support of community college programs that align with individual philanthropic priorities.

 

Named gift opportunities or endowment funds are established on behalf of the Foundation, which then uses the earnings to fund its operations in perpetuity. This is truly a gift that keeps giving.

 

Foundation endowments:

 

  • Provide stability
  • Help to leverage other sources of revenue
  • Enable innovation and flexibility
  • Allow for long-term strategic planning

 

Meet some of the donors who have established endowments with the VFCCE and see how those funds are helping to improve educational opportunities throughout Virginia:

Understanding the workforce impact of VFCCE initiatives on Virginia industry, Huntington Ingalls Industries established a challenge grant to the Virginia Foundation for Community College Education, matching dollar-for-dollar the investments of other leading businesses.

C. Michael Petters

President and CEO of Huntington Ingalls Industries

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Dana B. Hamel Commonwealth Legacy Scholarship

The Dana B. Hamel Commonwealth Legacy Scholarship was established in 2016 to honor Dr. Hamel for his brilliant leadership as the founding Chancellor of the Virginia Community College System and to provide financial assistance to students enrolled or planning to enroll at Virginia’s Community Colleges. This non-renewable scholarship is applicable for tuition and fees and is intended to support students with academic promise and financial need.

 

 Criteria:

Must be enrolled or planning to enroll as a full-time student.

Minimum cumulative grade point average of 3.0.

Must demonstrate interest in pursuing a career in education and/or public service or leadership.

Must be a resident of Virginia.

 

Appointed Chancellor in 1966 by Governor Mills E. Godwin, Dr. Hamel was charged with creating an education system that evolved into Virginia’s 23 community colleges. A true visionary, Hamel worked tirelessly to develop a statewide system of higher education to support students, businesses, communities, and the Commonwealth. To date, 8 scholars have received the award.

 

In honor of Dr. Hamel’s 98th birthday on August 9th, consider donating $98 to support the scholarship.

 

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