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2015-2016 Community Report-PROOF3

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SIC Foundation<br />

The Southeastern Illinois College Foundation was formed<br />

by the College’s Board of Trustees in November 1983 to<br />

provide a means of raising and administering private funds<br />

to support activities and programs at the College. The<br />

Foundation promises strong stewardship of gifts and will<br />

be prudent in the use of donations.<br />

In <strong>2015</strong>, the Foundation Audit reported more than $3<br />

million in long-term investments alone that help many<br />

students achieve their dreams.<br />

Endowment Fund<br />

The purpose of the<br />

Endowment Fund is to<br />

establish a guaranteed financial base from which interest<br />

income can be drawn annually to help meet the evergrowing<br />

educational needs of students, needs that cannot<br />

be met with the traditional and limited financial resources<br />

available to community colleges.<br />

Foundation Increases Funding<br />

for High Achiever Scholarship<br />

The SIC Foundation has come together with Southeastern<br />

to increase funding to the High Achiever scholarship and<br />

help ease the financial burden students face to receive higher<br />

education.<br />

The High Achiever Scholarship is an award for the top<br />

academic performer at each of SIC’s in-district high schools.<br />

Before, the High Achiever Scholarship was valued at $3,100<br />

per year, divided equally between fall and spring semester.<br />

Beginning with new recipients in the fall semester of <strong>2016</strong>,<br />

the scholarship will be increased to $3,600 per year, equaling<br />

$1,800 per semester for tuition and fees.<br />

This scholarship requires a 3.0 grade point average or higher<br />

and is awarded by the high school guidance counselor. All<br />

scholarship recipients must be continuously enrolled at SIC,<br />

complete a minimum of 12 semester hours and maintain<br />

excellent academic standing. The students also get to participate<br />

in a service learning opportunity where they will work<br />

to help others achieve their educational dreams.<br />

Giving<br />

Every gift makes a difference and enables us<br />

to seize opportunities as they arise. There are<br />

numerous types of gifts that can be made to the Southeastern<br />

Illinois College Foundation and Alumni and Friends. Gifts<br />

that are not restricted in use give SIC the flexibility to meet<br />

current challenges and opportunities. Unrestricted gifts<br />

can be the most valuable to the campus.<br />

Possible gifts include:<br />

• Cash<br />

• Securities (stocks, bonds, and mutual fund shares)<br />

• Personal Property or Equipment<br />

• Real Property<br />

• Insurance<br />

If you would like to discuss a gift or donate using<br />

another option, please contact us.<br />

Southeastern Illinois College<br />

Advancement Office<br />

3575 College Road<br />

Harrisburg, Illinois 62946<br />

Phone: (618) 252-5400 Ext. 2482<br />

Fax: (618) 252-0037<br />

Email: sky.fowler@sic.edu<br />

“The Foundation continues to<br />

look for new ways to support<br />

students in attaining their<br />

higher education goals. By<br />

easing that financial burden<br />

on our young people, we give<br />

them that extra boost toward<br />

finishing their degrees and becoming productive employees<br />

and leaders of the community. We appreciate all those who<br />

aid us in this endeavor.”<br />

David Port - SIC Foundation Chair<br />

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