Peninsula College Foundation is a nonprofit organization that expands access to education and supports exceptional programming at Peninsula College. Every year, because of your financial support, the Foundation helps Peninsula College serve thousands of students who become our community’s nurses, welders, medical assistants, web developers, university graduates and business leaders. We encourage individuals and community partners to be part of the life-changing events resulting from Foundation giving.
PC Fact: Currently 67 percent of Peninsula College students receive need-based aid.
We cannot foresee the future needs of the College, but we can plan for them today. An unrestricted endowment is the most responsible way to do this. 100% of contributions to the “For PC, Forward” endowment will be protected forever, and earnings from the endowment will be used to support students and programs at Peninsula College. Our campaign goal is $1 million.
Click here to download the Endowment Campaign Flyer.
FOUNDATION NEWS
Peninsula College Foundation Has Record Year of Giving to Students, Faculty and Programs
In the 2016-17 academic year, Peninsula College Foundation contributed more than a million dollars to students, programs and Peninsula College. Nearly $600,000 of this was direct aid to students, with more than 500 individual awards made. This included awards from the “Finish Line Fund,” which serves to aid students who are near degree or certificate completion but encounter unexpected financial problems that threaten to derail their education. For example, aid was provided to students to keep their power on, and to escape or prevent homelessness.
Program support, including faculty grant awards, totaled $226,599, and included funding for research, professional development an international cultural exchange trip, visiting artists, and more.
Through its participation in a complex and lengthy Historic Tax Credit process, the Foundation was able to provide $250,000 in capital reimbursement to the College for FF&E expenses that the College paid during the renovation of Building 202, its campus located at Fort Worden in Port Townsend.
Foundation Total Funds at Fiscal Year End (6/30/17): $2,748,304*
- Endowments (76%) - $2,094,775
- Donor Designated Funds (19%) - $531,462
- Operating Reserve (5%) - $122,067
*Excluding Port Angeles Water Center Funds
Sources of Foundation Revenue:
- 83% Individuals / Businesses
- 14% Other Foundations