Private Funding
The Virginia Community College System (VCCS) will become more proactive in securing private support to ensure its capacity to respond to the needs of the Commonwealth. Collectively, the VCCS foundations will double their holdings, moving from $75 to $150 million.
“I inspire the power of potential in my students by…”
“…mirroring their gifts and strengths back to them. If I’m allowed even a glimpse of their gifts and their strengths, and I can be that clear mirror for them, then they can re-connect to that sometimes forgotten and oftentimes under-utilized part of themselves. Once they’ve experienced that reconnection to that part of themselves, and they sense the empowerment that reconnection brings, then the power of potential has been sparked and the process of self-actualization (which is the desire to develop our potential) begins. After all, we are all students, and we remember well how it feels to be in tune with our own gifts and strengths and how empowered we feel when we experience that reconnection, don’t we?”
Loretta Duncan
associate professor of psychology
Middletown Campus
associate professor of psychology
Middletown Campus
- On Dec. 31, 2005, the Lord Fairfax Community College Educational Foundation Inc. had holdings of $7,658,368. On Dec. 31, 2006, the Foundation’s holdings were $8,924,257, representing an increase of approximately 17 percent.
- The Foundation held its Appreciation Dinner in March at the William H. McCoy Special Events Center at the Middletown Campus to celebrate its relationships with individuals, businesses, civic organizations and governmental and educational institutions. Approximately 185 people attended the event.
- The Foundation raised $937,006.03 between July 1, 2006 and June 30, 2007. During this timeframe, it also established 32 new scholarship funds. A total of 141 scholarships were awarded to help students realize the power of their potential. The awards totaled $124,791.75. This represents a 30.5-percent increase in the number of scholarships awarded over 2005-06 and a dollar value increase of approximately 6.75 percent.
- The Foundation recruited nine new board members during the year, reorganized its structure and reviewed and strengthened its policies and procedures.