Program areas at SBCC Foundation
The SBCC Foundation provided $2 million in support to College departments and programs during The 2022-2023 academic year. These resources allow College faculty, staff, and administrators to improve existing programs, experiment with new and innovative approaches, and achieve outstanding academic outcomes.during The fiscal year ending june 30, 2023 and in collaboration with SBCC's scheinfeld center for entrepreneurship & innovation, The Foundation transferred funds to an employee ownership trust, The mem employee ownership trust, u/d/t for which The Foundation is trustor.
The SBCC Foundation provided over $900k in direct student support in The form of scholarships and book grants to more than 800 students in The 2022-2023 academic year. for many students, this support can mean The difference between dropping out of College and successfully completing a degree, certificate, or transfer program. The SBCC Foundation also continued to fund important student support programs that serve single-parent students, underprepared high school graduates, and those recently released from The criminal justice system who are starting College. According to The College futures Foundation, scholarships also have a positive impact on student matriculation rates.
The SBCC Foundation created The SBCC promise in 2016 to make our community's College accessible and affordable to all recent local high school graduates. The SBCC promise offers two years of comprehensive support (covering all required fees, books, and supplies) to any local student who enrolls full time at SBCC in The fall or spring semester following The completion of their secondary education within The SBCC district. In The 2022-2023 academic year, more than 1,600 SBCC promise students were enrolled. Research on College achievement correlates a student's chance of success with early enrollment, full-time student status, and access to academic counseling and support. The SBCC promise includes all of these elements, providing $1.8 million in support to SBCC promise students in The 2022-2023 academic year.