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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