The $930,000 grant supports our innovative program to improve college completion
Sacramento, Calif. (6/7/2016) — The Sacramento Region Community Foundation (the Foundation) has received a three-year $930,000 grant from San Francisco-based College Futures Foundation to support the scholarships and services it will award through its newly announced Capital Area Promise (CAP) Scholars program - a pilot project designed to increase college completion rates among low income, local students who are traditionally underrepresented in higher education.
When launched, the program will accomplish this goal by pairing scholarship awards with comprehensive wraparound services designed to help students enroll in college and complete their degrees. Such services will engage students and their parents in financial literacy support and offer academic advising for college-readiness, which can lower the barriers to college success that disproportionately affect low-income, first generation, and students of color in Sacramento County.
“Research shows that students in our county—especially boys and young men of color—experience lower levels of college opportunity and success than those in neighboring counties and the state of California as a whole, so the CAP Scholars program will address the crisis in our region in a new way,” said Priscilla Enriquez, the Foundation’s Chief Giving Officer.
When the CAP Scholars program launches later this year, the Foundation will partner with five local nonprofits to work closely with students and their families at 12 Sacramento high schools, helping guide their progress toward four-year college degrees. The program will prepare students for college completion by ensuring full access to state and federal aid available and offering scholarship awards to bridge the gap in their college expenses. While addressing CAP Scholars’ financial needs, the program also instills the skills needed to successfully navigate the college experience.
“With this grant, we will be investing significant resources to address the challenges underrepresented students encounter locally. We want the program to have lasting impact, both on our CAP Scholars and the economic health of our region, which relies on their success,” said Linda Beech Cutler, the Foundation’s Chief Executive Officer.
Augmenting the College Futures Foundation’s grant, the Foundation has recently received a $250,000 donation from the Frank H. and Eva B. Buck Foundation and a $20,000 grant from the Central Valley Foundation to support its larger education initiative, Preparing Students to Succeed in the New Economy. Additionally, proceeds from last month’s Sacramento Economic Forum, hosted by Genovese Burford & Brothers and The Greater Sacramento Area Economic Council, will support the Foundation’s work to create long-term regional prosperity by increasing equitable education opportunities locally.
Sacramento Region Community Foundation has been the trusted steward of charitable assets, a community catalyst for meaningful change and the advocate for shaping vital impact through philanthropy since 1983. As the center of philanthropy in the Sacramento Region, the Foundation's mission is to transform our community through focused leadership and advocacy that inspire partnerships and expand giving. Learn more at www.sacregcf.org.
College Futures Foundation believes that a vibrant future for California’s economy and communities requires more bachelor’s degrees, and that every student should have the chance to succeed in college. College Futures is partnering with seven community foundations to grow the number of need-based scholarships and related student services across California for students who are low-income and have historically low rates of college success.