MCCC Foundation

Mission
The MCCC Foundation is an independent 501C3 Corporation whose purpose is to establish and carry out enrichment activities that support the mission of MCCC and the community it serves.

Directors
The Foundation's directors serve the college in many important ways and are encouraged to bring to the Foundation their interests, expertise, connections, availability and capability. They are expected to fulfill their role in accordance with the MCCC mission statement.

The Foundation and its members establish goals and objectives annually and long-range to meet the mission of the Foundation in the context of the college's established priorities.

Foundation board members are college ambassadors who seek to develop community understanding and support of the college and its programs and services. They help to identify, screen, cultivate and solicit potential contributors to the college.

Events and Activities
The Foundation holds two major fundraisers yearly for student scholarships: a Dinner Dance and a Golf Outing.

Scholarships
The Foundation manages 50 different scholarship funds and continually welcomes new donations to enhance student achievement. Students interested in any particular scholarship opportunities are requested to submit a Scholarship Interest Form by the May 1 deadline.

More Information
Contact Elaine Stout, Foundation Coordinator, at (609) 570-3607 or e-mail stout@mccc.edu.
MCCC Foundation; PO Box B; Trenton, NJ 08690

Ways of Giving

All contributions should be made payable to or deliverable to: MCCC Foundation P.O. Box B 1200 Old Trenton Road Trenton, NJ 08690

You have a variety of opportunities to support your "first" alma mater. Please contact the College Advancement office at (609) 570-3250 to discuss your interests.

Endowed Giving
Contributions of $10,000 or more can be used to establish an endowed fund, which will utilize the interest only from the principle for projects, programs or scholarships in any given year, thereby preserving the ability to make future awards from the fund. The interest derives from the investment of the principle amount and is based on the current market yield. Investments are managed by the Finance Committee of the MCCC Foundation.

Designated Giving
Contributions made for a specific purpose are placed in restricted fund accounts and used only for that purpose. Minimum amounts of $100 are required to establish and award a designated scholarship in any academic year. In the case where funds are donated and the amount exceeds the desired purpose for any given year, the remaining funds earn interest. Designated scholarships are many times created to honor someone, memorialize a special person, or provide support for students preparing for a certain career.

Unrestricted Giving
Contributions made to the MCCC Foundation for general, unspecified purposes are classified as unrestricted giving. These gifts are used to address important needs of the college, its programs and its students. Unrestricted donations for scholarships become part of the General Scholarship Fund which provides awards to students based on financial need. Priority areas for awarding General Scholarships are identified each year by the MCCC Financial Aid Office, and are adopted each year through voting action the MCCC Foundation. All General Fund Scholarships are awarded in the academic year the donation is received.