Montgomery Community College sets fundraising goals.
By Todd Cohen
TROY, N.C. [02.16.04] — Montgomery Community College in Troy is gearing up for its annual drive and fundraising events, and preparing to launch a planned giving program.
After raising more than $123,000 last year through its annual drive and golf tournament, and a first-time blue-grass festival, the 37-year-old school aims this year to raise $142,000.
That will include an annual drive that will total roughly $100,000, up from more than $86,000 last year, says Karen Ritter, dean of institutional advancement.
The drive will fund the year-old Montgomery Scholars Program, which aims to provide full scholarships to all graduates of the county’s two high schools who attend the 1,000-student community college.
Funds raised last year are supporting 11 students this year who graduated from East Montgomery High School and West Montgomery High School.
Lenue James, retired owner and editor of the Montgomery Herald and chairman of the board of directors of the MCC Foundation, chairs this year’s annual drive, which will raise money from faculty and staff, and from local businesses and citizens.
The school also will hold its 7th annual golf tournament April 30 at Montgomery Country Club and, this fall, plans to hold its second annual blue-grass festival.
Goals are to raise $20,000 at the golf tournament, up from $15,000 last year, and $22,000 at the concert, the same as last year.
The MCC Foundation also will begin working with Wachovia Charitable Services, which manages its $1 million endowment, to begin a planned giving program to generate deferred gifts through wills and estate plans.
Last year, the school received $250,000 from the Golden Leaf Foundation in Rocky Mount to begin a program to train students in the use of industrial equipment.
It also received three new endowments of $15,000 each created by First Bancorp and Quik Chek, both in Troy, and Anna Hollers, executive vice president for First Bancorp.