NMC Foundation a leader among peers
TRAVERSE CITY — The NMC Foundation's fundraising efforts in 2010 place it among the top 20 percent of community colleges nationwide who reported their data.
The Foundation placed highly in multiple categories surveyed by the New York-based Council for Aid to Education in its recently-released annual Voluntary Support of Education survey. Specifically, among the 157 two-year colleges who reported data, the Foundation ranked:
- First in terms of endowment market value per student head count
- 12th for dollars raised per student
- 32nd in terms of total dollars raised
Since the Foundation began reporting its data in 1996, it has consistently ranked among the top 50 reporting community colleges in terms of total dollars raised and in the top 20 for dollars raised per student.
"While we're pleased to know we benchmark well among our peers, we also know the needs of our students continues to outpace available resources," said Rebecca Teahen, NMC Interim Executive Director for Resource Development.
Due to financial need, Teahen noted the NMC Foundation has set progressively higher goals for its Annual Campaign for Scholarships and Programs for the last four years in a row, and exceeded those goals each year, including more than $414,000 for 2010-11. Thanks to the generosity of local donors, the NMC Foundation is proud to award more scholarships to more students than any other community college in Michigan.
"We are deeply grateful to our donors who continue to rise to the challenges we set for them," Teahen said.
Celebrating its 30th anniversary this year, the NMC Foundation is governed by a 40-member volunteer board and assists Northwestern Michigan College in realizing its mission and vision by:
- Securing new resources
- Maximizing return on existing resources
- Acting as ambassadors to the community
- Complementing and resourcing the work of the college's trustees in shaping NMC's future
Release date: May 12, 2011
For more information
Interim Director of Communications and Public Relations