NSCC Foundation, Inc.
The NSCC Foundation, Inc., is a non-profit corporation, fiscally separate from the College, and organized under the laws of Massachusetts. Its independent Board of Directors works to raise funds and provide support for programs that enhance and expand educational opportunity at North Shore Community College.
The purpose of the NSCC Foundation is to receive private gifts, bequests, and donations, and to account for and manage monies contributed. Presently, the Foundation administers a $4 million general endowment fund, named scholarship accounts, and general-purpose grants.
As a qualified 501(c)(3) corporation, all gifts to The NSCC Foundation, Inc. are tax-deductible to the extent allowed by current law.
NSCC Foundation, Inc. History
As educational costs began to rise, so did the need for additional financial assistance for North Shore students. In 1983, The NSCC Foundation, Inc. was established by a small group of business and community leaders to build necessary endowment through private fund-raising to ensure quality and accessible education to deserving students.
The mission of the Foundation is to raise funds for technical assistance, facilities, cultural arts programs and to aid financially burdened, but academically distinguished, North Shore Community College students. This fund-raising becomes more imperative as government continues to cut funds to education.
Since 1985, the Foundation has raised and directly distributed $935,000 to more than 1300 NSCC students. In 2002, with contributions of corporations and private individuals and service organizations, The NSCC Foundation, Inc. awarded more than $100,000 in scholarships to over 90 students. For many students, this aid tipped the scale in allowing them to continue their education.
2006 Scholarship Breakfast
NORTH SHORE COMMUNITY COLLEGE FOUNDATION AWARDS OVER $180,000 IN SCHOLARSHIPS TO STUDENTS FOR THE COMING YEAR
The North Shore Community College Foundation awarded $181,179 in scholarship aid for more than 200 NSCC students for fall 2006 and spring 2007. The students were officially recognized for their achievements during the 2006 Scholarship Breakfast held May 18, 2006 at the Danversport Yacht Club. Since the awards were given in 1987, over 1900 students have received $1,399,895 since the first awards were given in 1987.
The NSCC Foundation currently administers more than 90 named scholarship funds and additional grants. Some of the awards recognize individuals in the North Shore area or at the College, while others are supported by businesses who share the philosophy of North Shore Community College. The NSCC Foundation is thankful for the support from companies including Axcelis Technologies, Inc., Bay State Gas, Beverly National Bank, Brooksby Village, Cummings Properties Foundation, East Boston Savings Bank, North Shore Bank, Eastern Bank, Salem Five Bank, Gorton's of Gloucester, and The T.J.X. Companies who currently provide major corporate scholarship funds. Financial awards range from $300 to $1,500.
Fourteen new scholarships were awarded this year. The first Challenges, Choices and Change Scholarship was established by the NSCC program’s staff and students. The mayors of the cities of Beverly, Lynn, Peabody and Salem gathered to initiate the first Community Challenge Scholarship. The Danversbank Scholarship was newly established with additional scholarship aid for One Family Scholars attending the college, thanks to President Kevin Bottomley and NSCC Foundation Board Director, James McCarthy.
NSCC Trustee and Foundation board member, Barry Ginsberg, established the first Debits Payroll Scholarship. In memory of a family member, the initial Malvina Decotis Scholarship was established by Claire Decotis. The new East Boston Savings Bank Scholarship was established thanks to Trustee, Phil Freehan. The Gerontology Club Scholarship was inaugurated by NSCC staff and members of this student organization. The first Jason Hardy Memorial Scholarship was established by family members to remember this beloved NSCC student.
Foundation Board Director, James McCarthy and his wife, Mary Jo also created the new McCarthy Family Scholarship. A corporate neighbor commenced the New England Travel Business Association Scholarship. An anonymous donor initiated the New Opportunity Scholarship. To honor a beloved faculty member, the first Judy Putnam Scholarship was established by the NSCC college community.
In memory of a family member, the first Julia Quaglia Memorial Scholarship was initiated by Richard Quaglia. NSCC is grateful to their Information Technology partner for establishing the first Sunguard Collegis Scholarship.
The majority of the student population at North Shore Community College is comprised of individuals of traditional college age and adult learners updating occupational skills. More than 8,000 residents of Southern Essex County attend campus sites in Lynn and Danvers and the Institute for Corporate Training and Technology in Beverly to earn Associates degrees, Certificates and CEUs and pursue cultural interests in over 90 academic and continuing education programs.
For more information, please contact us at (978) 762-4000 x5502 or development@northshore.edu. |
