Madisonville CC Campaign reaches $4.2 million mark
Madisonville Community College's
Development Office has announced that the
"Fulfilling the Promise" Gifts Campaign,
initiated in early 2002, has surpassed the
$4.2 million dollar mark in cash gifts and
multi-year pledges.
This milestone represents 84% of the
campaign's announced goal of $5 million,
and keeps the college on track to complete
the campaign's main community divisions
by late summer of this year. The $4.2 million
total also represents the largest campaign-related
total in the entire Kentucky
Community & Technical College System
(KCTCS).
According to Campaign Manager John
Peters, recent campaign successes involve
gifts to three main areas; pledges to the
Glema Mahr Center's endowment base,
support of the School Counts workforce
initiative and college Foundation support
of the college's Title III "Strengthening
Institutions" grant.
"We had seen some
really wonderful gifts come our way as a
result of support of both the Glema Center
and School Counts" says Peters. "I think
that our communities agree with our intent
of making this campaign one of permanence,
one where each gift will make a continuing impact. Likewise, the Foundation has
stepped up to make sure our Title III program
is successful. That grant is extremely
important to help the college increase
graduation rates."
The campaign's general chairman, Steve Cox, President & CEO of First
United Bank, sees the campaign's
success as an extension of the
generosity shown over and over by
people in Hopkins, Muhlenberg,
Crittenden, and Webster Counties.
"All
of the communities in our 6-7 county
service region have a history of being
supportive of MCC," Cox states. "We
have scholarship endowments active in
four counties, and over 160 students are
served each year with private support.
"Fulfilling the Promise" will only
strengthen established college
relationships."
MCC President Dr. Judy Rhoads is
also optimistic about increased
opportunities. "Our campaign
objectives were supported by the
community long before we announced
any goal. These objectives have a direct
benefit for our students, our
manufacturers, and our families. Also,
we completed a very successful
employee campaign prior to any major
community solicitations, so our donors
and friends know that we put our money
where our mouth is. Over the past 15
months, our endowment base has
already increased by over $1 million."
The campaign will likely conclude
by October 2005. The main objectives
yet to complete include additions to the
School Counts Endowment, funding for
the Loman C. Trover Library
Endowment, and additional support for
the Crittenden County Endowment for
Excellence.