Log in

EDUCATION

Colleges Foundation earns scholarship grant

Estrella Mountain among schools initiating $1.2 million effort

Posted 10/15/20

The Helios Education Foundation has awarded a grant to the Maricopa Community Colleges Foundation to fulfill a dollar-for-dollar U.S. Department of Education Title V Endowment Match Challenge, resulting in $1.2 million in newly endowed scholarships funds.

You must be a member to read this story.

Join our family of readers for as little as $5 per month and support local, unbiased journalism.


Already have an account? Log in to continue.

Current print subscribers can create a free account by clicking here

Otherwise, follow the link below to join.

To Our Valued Readers –

Visitors to our website will be limited to five stories per month unless they opt to subscribe. The five stories do not include our exclusive content written by our journalists.

For $6.99, less than 20 cents a day, digital subscribers will receive unlimited access to YourValley.net, including exclusive content from our newsroom and access to our Daily Independent e-edition.

Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.

Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.

Sincerely,
Charlene Bisson, Publisher, Independent Newsmedia

Please log in to continue

Log in
I am anchor
EDUCATION

Colleges Foundation earns scholarship grant

Estrella Mountain among schools initiating $1.2 million effort

Posted

The Helios Education Foundation has awarded a grant to the Maricopa Community Colleges Foundation to fulfill a dollar-for-dollar U.S. Department of Education Title V Endowment Match Challenge, resulting in $1.2 million in newly endowed scholarships funds.

The effort began with three Maricopa Community Colleges — Estrella Mountain Community College, 3000 N. Dysart Road in Avondale, Glendale Community College, 6000 W. Olive Ave. in Glendale and GateWay Community College in Phoenix.

The three participated in an endowment challenge in their DOE Title V grants with the goal of raising the maximum match before the five-year Title V grant programs ended.

READ: Colleges, Microsoft partner on IT programs

The Helios Foundation stepped in with a matching grant to help achieve the DOE match.

“Helios Education Foundation is excited to partner with the Maricopa Community Colleges Foundation to establish the Hispanic Serving Institutions Scholarship Fund,” President and CEO Paul J. Luna stated in a news release. “These scholarships will help ensure more students in Arizona have the opportunity to pursue and complete a postsecondary degree, including Latino and first-generation students.”

Between the Helios grant and local fundraising, the Title V Endowment Challenge successfully achieved a match of $640,000, resulting in endowed funds totaling more than $1.2 million.

Revenue generated by the endowments will provide annual support for scholarships and programs targeting low-income and underserved students.

“More than 115 students will benefit each year directly as a result of these endowed funds,” Maricopa Community Colleges Foundation interim president and CEO Brian Spicker stated. “It’s exciting to see how our longstanding partnership with Helios has grown over the years from a $15,000 Heroes of Education sponsorship in 2007 to an investment of nearly $5.8 million throughout multiple scholarships and programs. Their generous dollar-for-dollar match marks a new chapter in their relationship with both the Foundation and the Maricopa County Community College District, and builds a lasting legacy creating opportunities for success in postsecondary education.”

For more information, email judy.sanchez@domail.maricopa.edu or call 480-731-8739.