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The Bedford County Regional Education
Foundation
Gifts
to the Bedford County Regional Education Foundation
A gift to the Bedford
County Regional
Education Foundation
supports your belief in the importance of providing local, high quality
postsecondary education at an affordable cost, but also shows your commitment
in making a real difference in the lives of students. Gifts given to
the Bedford
County Regional
Education Foundation
are used to support the students attending the Bedford County Campus
of Allegany College of Maryland.
Recognizing that
more than 80% of students are first in their families to attend college
and over 60% of students come from low-income households, the Bedford
County Regional Education Foundation determined that providing scholarships
to students would be their primary goal. The Foundation has provided
more than $190,000 to more than 700 students over the past 11 years.
The Foundation is
committed to continuing the tradition of providing scholarships, tuition
assistance, and emergency book funding to financially deserving students
so they may reach their goals of obtaining a college education. In order
to continue this in future years, the Foundation launched a $1 million
Scholarship Endowment Campaign.
Since
the “Give Our Students a Future…Today!” campaign was
launched in April 2003, the Foundation has received more than $600,000
in commitments from businesses, individuals, and organizations who realize
that higher education benefits students and the county as a whole. Even
though 60% of the campaign goal has been committed, consistent increases
in student enrollment necessitate the importance of reaching the $1,000,000
goal.
When the Bedford
County Campus was founded in 1990, Bedford County ranked 64th out of
67 counties in the percentage of high school graduates pursuing postsecondary
education. Today, Bedford County is ranked 34th. The presence of a local
campus has encouraged many students to begin or continue their educational
journeys. Since 1990, more than 6,500 people have taken classes through
the Bedford County Campus.
The Foundation invites
you to have an impact on the lives of students by making a contribution
to the Bedford County Regional Education Foundation. If you are would
like to make a gift to the Foundation, here are some options that you
may wish to consider:
1. Scholarship
Endowment Campaign
Gifts to the
scholarship endowment campaign may be earmarked as endowment funds
where the interest will be used to fund future tuition assistance
awards or may be designated for current tuition assistance scholarships.
The Foundation provides a total of $5,000 per semester to college
students under the tuition assistance program. Through this program,
students eligible for tuition assistance receive one-third of their
tuition costs after state and federal grants have been subtracted.
2. Early
College Tuition Assistance
High
school juniors and seniors have the opportunity to participate in
college classes either on-site at their high schools or at the college
campus in Everett. Upon high school graduation the college credits
transfer to many institutions of higher learning. Gifts given for
this purpose assist the Foundation in providing the Early College
courses to all interested high school students either tuition free
or at a reduced cost. Businesses may select to give donations to
the Bedford County Regional Education Foundation, an approved Educational
Improvement Organization, through the PA Educational Improvement
Tax Credit Program.
3.
Establish Your Own Scholarship
You may elect
to establish your own scholarship which may be made in a particular
name and with specifically designated criteria. Scholarships in
this manner may be set up to be annually funded by the donor or
may be endowed by the donor. Typical scholarships range from $500
to $1000 per academic year.
New scholarships
established through the Bedford County Campus include:
- John H. Jordan
Memorial Scholarship
- Dr. Earl
Shope Memorial Scholarship
- Everett Cash
Mutual Insurance Group Scholarship
- Memorial
Hospital of Bedford County Foundation Scholarship
- Clair V.
Chaney Scholarship
4.
Contribute to an Existing Fund
There is also
an opportunity to direct your gift toward an existing endowed fund
to help that fund grow. Our present list of endowed funds and the
curricula they support are available in the Foundation Office.
5. Gifts
to Support Campus Development
Individuals
wishing to support the development of the academic facility, technology
upgrades, or student resource areas may designate gifts for this
purpose.
6. Planned
Giving
There are a
number of ways to make this type of gift. The following are but
a few examples and do not comprise an all-inclusive listing:
- Gifts of
securities
- Gifts of real estate
- Gifts of personal property
- Gifts of life insurance
- Life income gifts (charitable gift annuities, etc.)
- Bequests
If you would like
more information about any of these gift-giving opportunities, then
please call the Bedford County Regional Education Foundation at (814)
652-9528 extension 6223.
Checks should
be made payable to: Bedford County Regional Education Foundation.
Your gifts are tax deductible to the extent allowed by law.
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