Most of the Foundation's scholarship funds come from endowments that enable the Foundation to award scholarships each year. The principal in these scholarship funds is invested and a portion of the earnings is used to award scholarships. Currently, an investment of $10,000 will fully endow a scholarship to assist RCC students in perpetuity.
The Foundation also accepts designated scholarships in which contributions to the fund are paid out to students. Designated scholarships may be established in any amount.
According to Joyce Wolford, executive director of the RCC Foundation, "Money is an obstacle that prohibits many people for beginning or finishing their college education. With the help of generous donors from our community, the Foundation is able to assist students as they fulfill their dreams."
In addition to Curriculum scholarships, the RCC Foundation also provides assistance to Continuing Education students pursuing occupational training and to the College to help start new programs, fund equipment, provide unique opportunities to students, and to fund other endeavors that provide a margin of excellence for RCC's students.
For information on contributing to the RCC Foundation, contact Joyce Wolford at (336) 633-0295 or jbwolford@randolph.edu.
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