Irvine Valley College Receives
$21,000 Gift from Charter 100
October 6, 2008

Charter 100 members: Cecilia Goodman, Dee Sampson and Julie Davis.

The Irvine Valley College Foundation today announced that it has received a $21,000 gift from Charter 100, a philanthropic women’s community organization. This generous gift will be used to establish a new scholarship endowment, which will receive a 50 percent match from The Bernard Osher Foundation.

In doing so, Charter 100’s gift will become a $31,500 endowment that will provide annual scholarships, in perpetuity, to assist low-income students.

“We are thrilled that Irvine Valley College is the first community college in California to take advantage of the $25 million in matching funds provided by the Osher Foundation,” said Irvine Valley College President Glenn Roquemore. “This new endowment creates a permanent legacy.”

Ardent supporters of the college for many years, Charter 100 members have donated over $200,000 in scholarships to low-income, single-parent students at Irvine Valley College.

“We recognize the importance of a college education in our society, and we feel a strong moral obligation to help students who might not otherwise complete their studies without financial assistance,” said Charter 100 President Dee Sampson.

Earlier this year, the Osher Foundation announced that $25 million would be made available through a 50 percent matching program as a way of encouraging people to donate to community college scholarships. This was done as part of a larger commitment of $50 million which represents the single largest gift to a community college system in the nation and one of the largest gifts ever made to higher education.

For information on how your scholarship donation can qualify for a 50 percent match, please contact Al Tello at (949) 451-5290. Donations received by June 30, 2011, will be eligible for the match. The Irvine Valley College Foundation is a non-profit 501(c)(3) charitable organization (Tax ID # 77-0239916).