Valencia College Foundation

Programs: The foundation supports the activities of valencia college by making direct contributions and providing a building to the college. The foundation's guiding principles include the following: (1) to steward the resources entrusted to our care (2) to make enhancement of student learning the center of our work (3) to provide opportunities to individuals who might not otherwise be able to attend college (4) to invest wisely and conservatively (5) to partner with the college to meet its mission in the community (6) to communicate openly, frequently and honestly with our constituents (7) to honor the privacy of our donors and friends (8) to value diversity in all its forms and respect the dignity of the individual (9) to ensure we meet both the letter and spirit of the laws that govern our work.

during the year, the foundation purchased 25 prepaid scholarships from the florida prepaid college foundation for valencia college's take stock in children program, at a cost of $102,865. Donor contributions allow the foundation to buy prepaid tuition scholarships at a discounted rate. The take stock in children program pairs community leader mentors with students starting in the 8th grade. The program helps underserved children succeed, starting at age 12, by providing college scholarships, volunteer mentors, early intervention and long-term support. High standards, parental involvement and community support are crucial to the programs success. Local teenagers who successfully complete the program earn a 2-year scholarship upon high school graduation. As of march 31, 2018, the foundation has 376 prepaid scholarships valued at $3. 8 million and an additional $1. 4 million on account with florida prepaid foundation. These funds are held for reinvestment toward the purchase of future prepaid scholarships.