Dr. Judy Rhoads and Madisonville Community College have announced that gifts and pledges to specific endowment areas in support of the college's Fulfilling the Promise Gifts Campaign now exceed $1 million dollars for the campaign period ending August 31.

Total (market value) investment in the college's endowment accounts are now almost $3.3 million, and the college hopes to have at least $4 million "in the bank" by the time the campaign ends in 2005. Pledges and cash gifts to endowment areas total just over $1,050,000; they are designated specifically to the following campaign priorities:

Quality/Equipment Endowment - $105,000

Humanities Programs - $40,000

Crittenden County Endowment for Excellence - $132,000

Title III Instructional Support - $120,000

Diversity Programming - $21,000

Scholarship Endowments - $449,000

Arts Programming, Community Theatre - $187,000

According to Dr. Rhoads, "The entire Fulfilling the Promise Campaign has been designed to strengthen program excellence and provide increased fiscal stability through endowment income and direct cash gifts."

New scholarship endowments in engineering technology, nursing, biology/anatomy, and education will provide tuition support for students in those academic disciplines, and the new endowment pledges to arts programming will provide almost $11,000 in additional interest income for the Glema Mahr Center for the Arts.

The quality endowment continues to support costs for equipment replacement and also professional development opportunities for college employees. The campaign's Crittenden County division is designed to raise $400,000 over five years that will support the tuition, book, and travel costs of Crittenden students. The entire Fulfilling the Promise Campaign will continue through Spring 2005.

For more information about MCC's Office of Development, see MCC's website: http://www.madcc.kctcs.edu/development/JohnPeters.htm