Program Funds for Excellence help PCC departments and programs raise donations for targeted needs such as equipment, materials, and professional development. Department Scholarship Funds are set up to provide tuition support to students enrolled in one PCC department.
How to Set Up a Program Fund
- A PCC Foundation fund is established with a minimum $1,000 commitment by the donors.
- The Foundation and the donors draft an agreement describing how money donated to the fund can be used.
- The agreement also establishes who will be authorized to request expenditures from the fund.
- The agreement is approved by the Foundation Board and signed by the donor/creator of the fund and the Foundation Executive Director. (Fund agreements can be amended by mutual consent of the donors/creators of the fund and the PCC Foundation.)
PCC Foundation funds are administered by the Foundation in the manner that best serves the intent of the agreement. The Foundation has the power to modify restrictions or conditions on the distribution of funds if they become unnecessary or inconsistent with the educational needs of the college. Gifts to the Foundation are tax deductible to the amount allowed by law.