Your investment in Somerset Community College will make
a significant impact on the lives of our students and the businesses
and communities we serve.
Private sector investments provide a
critical margin of support that enables SCC
to pursue excellence in classroom
instruction, training for business and
industry, continuing education, cultural
enrichment, community service, and
economic development.
We consider it an honor to recognize the
benefactors who have invested
significantly in our mission and vision.
Your name, or the name of someone you
wish to honor, will be recognized in a
special way for your support of the
Fulfilling the Promise Campaign for SCC as
outlined in this brochure. Additional
naming opportunities may be developed at
your request. Named giving opportunities
are offered for outright gifts, cash pledges
over a five-year period, and irrevocable
planned gifts such as charitable trusts.
NAMED GIVING
OPPORTUNITIES
Endowments
SCC has a number of endowed funds
consisting of gifts of principal funds that
have been invested in perpetuity to
generate earnings now and in future years
to support the donor's intended purpose.
Annual income generated by endowments
can be used to support faculty and
students, programs, and/or operational
needs of SCC. Endowments greatly
enhance SCC's capacity to meet the needs
of the region.
Named Academic Positions
Endowed Chair -
Minimum gift of $500,000
Endowed Professorship -
Minimum gift of $100,000
An endowed chair is a distinction awarded
by the KCTCS Board of Regents to a
faculty member in recgognition of
significant contributions to the individual's
academic discipline. An endowed chair
may also be held by the current chair or
director of an academic division. In
addition to the academic honor given to
the individual, an endowed chair or
professorship provides funding for support
of his or her teaching, research, and
service responsibilities, and is supported
by annual income from a permanently
invested endowment fund.
Income may also be used to support the
base salary of the endowed chair or
professorship, unless expressly prohibited
by the donor or gift agreement.
Endowed Lectureship
Minimum gift between $10,000 - $100,000
An endowed lectureship is a temporary
appointment and may be given to a
visiting scholar in temporary residence or
may be used to support a lecture series on
the topic for which the lectureship was
created.
Named Scholarships
Somerset Community College will name
endowed scholarships to support students
attending SCC. Donors may designate the
name, purpose and criteria for awarding
scholarships from the income generated
by the endowment. A $50,000 endowment
gift would support one student scholarship
per year.
Capital Projects
Building naming opportunities are
available on several of SCC's campuses:
Somerset South Campus Five Buildings
Laurel North Campus Two Buildings
McCreary Center One Building
Clinton Center One Building
Exterior
Building Name - The donor's
contribution represents approximately
25% of the building's current value, or
the donor's contribution represents 25%
of the total campaign fund-raising goal.
Interior
Distance Learning Rooms $100,000 each
Laboratories $50,000 each
Conference Rooms $25,000-$50,000 each
Classrooms $25,000 each
