St Petersburg College Foundation Inc

Programs: The foundation has over 270 named scholarship funds that provide financial assistance to spc students. Through the generosity of our donors we have specific scholarships available for every area of study including (but not limited to), nursing, education, study abroad programs and financial assistance for our returning veterans. Each scholarship has unique awarding criteria which may include financial need and/or academic achievement. College expenses have risen nearly 40% over the last decade, making this the most difficult time in history for young people to pay for a college education, according to the us department of education. Without the help of financial assistance many of our students would not otherwise have the opportunity to attend college. (continued on schedule o) (continued from part iii, line 4a) in 2018 the foundation provided financial assistance to more than 2,309 students. The average scholarship award was approximately 800. Total amount of scholarships awarded was over 1. 9 million.

the foundation provided funding to st. Petersburg college for capital facility projects. The foundation provided financial support for the arts by raising funds for the palladium theatre at st. Petersburg college and the leepa-rattner museum of art. The foundation also provided funding for the strategic institute of policy solutions, a direct support organization of the college, founded in 2011 to promote educational and civic engagement by providing a forum for public discourse on civic matters. In addition the foundation provided financial support for numerous college departments, such as nursing, education, athletics, collegiate high school and fine arts. (continued on schedule o) (continued from part iii, line 4b) additionally the foundation provided grants to faculty and staff to implement programs that broaden the scope of the curriculum and improve student success. St. Petersburg college is experiencing declines in support from the state of florida. Accordingly, private support is an increasingly important component of revenue to the various campuses/departments. The foundation anticipates a higher rate of use of foundation held funds in the future as a result of decreased resources provided by the state.

provide management of investment assets of the foundation

to provide grants to the leepa-rattner museum of art for program support.