Stockton College Foundation: Empowering Student Success Through Philanthropy Additional Sections
Stockton College Foundation is a non-profit organization committed to supporting the mission of Stockton University by providing financial assistance and resources to students. Through the generosity of donors, the Foundation plays a vital role in enhancing the educational experience for generations of students.
Mission and Vision
The mission of Stockton College Foundation is to solicit, manage, and invest private donations to support educational initiatives, student scholarships, and campus enhancements. The Foundation’s vision is to empower student success by providing the resources they need to reach their full potential.
Impact on Students
The Foundation’s impact on students is evident through its scholarship programs, which provide financial support to students who demonstrate academic excellence, financial need, or outstanding community service. Scholarships awarded by the Foundation range from $500 to $10,000 per year, making a significant difference in students’ ability to pursue their education.
In 2022, the Foundation awarded over $2.5 million in scholarships to nearly 1,000 students. These scholarships not only alleviate financial burdens but also empower students to focus on their studies, participate in extracurricular activities, and pursue their passions.
Funding Opportunities
The Foundation’s funding opportunities are diverse and include:
- Endowment Funds: These funds are permanently invested, providing a perpetual source of support for student scholarships, faculty research, and special campus initiatives.
- Current-Use Funds: These funds are invested for the immediate needs of students, providing support for scholarships, emergency assistance, and academic programs.
- Planned Gifts: These gifts include bequests, life insurance policies, and charitable trusts, ensuring a future legacy of support for Stockton University.
Collaborations and Partnerships
Stockton College Foundation values its collaborations and partnerships with individuals, corporations, and organizations that share its commitment to student success. These partnerships include:
- Corporations: Local and national corporations provide support through employee matching programs, grants, and scholarships, investing in the future workforce.
- Non-Profit Organizations: The Foundation collaborates with non-profits that provide services to students, such as mentoring, tutoring, and financial assistance.
- Alumni: Alumni play a vital role in supporting the Foundation through donations, volunteering, and engagement in student events.
Future Innovations
The Foundation is continuously exploring innovative ways to generate ideas for new applications and support student success. These efforts include:
- Digital Fundraising: The Foundation is leveraging online platforms to engage donors and raise funds for student scholarships.
- Crowdfunding Campaigns: Crowdfunding allows the Foundation to mobilize support from a wider audience for specific student projects or initiatives.
- Impact Measurement: The Foundation is tracking and analyzing the impact of its scholarship programs to ensure that they are meeting the needs of students and making a significant difference in their lives.
Conclusion
Stockton College Foundation is an essential pillar of support for Stockton University, providing financial assistance and resources that empower student success. Through the generosity of donors, the Foundation invests in the future of education, creating opportunities for students to reach their full potential and make a meaningful contribution to their communities and the world.
Scholarship Programs
Need-Based Scholarships
- Stockton Opportunity Fund: Provides financial assistance to students with significant financial need.
- President’s Scholarship: Supports students with exceptional academic records and financial need.
Merit-Based Scholarships
- Faculty Scholars: Recognizes students with outstanding academic achievement and service to the university.
- Honors Program Scholarship: Supports students participating in the Honors Program.
Specialized Scholarships
- Nursing Scholarships: Supports students pursuing a degree in nursing.
- STEM Scholarships: Supports students majoring in science, technology, engineering, or mathematics.
Investment Strategy
The Foundation’s investment strategy is designed to maximize long-term returns while preserving capital. The Foundation invests in a diversified portfolio that includes stocks, bonds, real estate, and private equity.
Financial Data
Annual Report
The Foundation publishes an annual report that provides a comprehensive overview of its financial performance, funding opportunities, and impact on students.
Key Financial Data
- Assets: $35 million (as of June 30, 2023)
- Endowment: $20 million (as of June 30, 2023)
- Annual Scholarship Awards: Over $2.5 million (2022)
Donor Impact
Table 1: Top Donor Categories
| Donor Category | Number of Donors | Percentage |
|---|---|---|
| Individuals | 80% | 75% |
| Corporations | 15% | 20% |
| Foundations | 5% | 5% |
Table 2: Donor Contributions by Purpose
| Purpose | Percentage |
|---|---|
| Student Scholarships | 60% |
| Faculty Research | 20% |
| Campus Enhancements | 20% |
Table 3: Impact of Scholarships on Student Success
| Metric | Before Scholarship | After Scholarship |
|---|---|---|
| Grade Point Average (GPA) | 3.2 | 3.5 |
| Retention Rate | 80% | 90% |
| Graduation Rate | 60% | 75% |
Table 4: Donor Engagement Activities
| Activity | Percentage of Donors Participated |
|---|---|
| Annual Dinner | 70% |
| Scholarship Brunch | 60% |
| Volunteer Opportunities | 50% |
