SBVC Foundation On Track To Exceed Fundraising Goals
Over $582K raised so far in 2022-2023
The SBVC Foundation is making significant progress in its goal of supporting the educational aspirations of deserving students through increasing the amount of scholarships to individual students.
The Foundation awarded over $560,000 in student scholarships during the 2021-2022 academic year, which is a substantial increase from previous years. The Foundation expects to award at least $450,000 in scholarships for the 2022-2023 academic year.
The Foundation has also been successful in securing important grant revenue for SBVC programs, with more than $582,000 in grants obtained for the 2022-2023 academic year. This puts the Foundation on track to meet, or even exceed, its goal of $750K in grant revenue by the end of June 2023.
The Finish Line Scholars Program, which is an initiative that provides scholarships and assistance to students close to finishing their degree, certificate, or transfer studies within two years, has awarded $150K for scholarships during its fourth cycle of funding for SBVC.
Additionally, the Foundation has secured a new $1.5 million grant from California Congressman Pete Aguilar through Community Project Funding (CPF). This grant is expected to be awarded in late 2023 or early 2024 and is a significant step towards the Foundation’s $500,000 annual scholarship goal.
"We are thrilled with the progress that we have made so far in our fundraising efforts," said Mike Layne, Director of the SBVC Foundation. "Thanks to the generosity of our donors, we are able to make a significant impact in the lives of our students."