Scioto Foundation Makes Impact On Community
by By Wayne Allen Wallen@ communitycommon.com
The Scioto Foundation located at 303 Chillicothe Street in Portsmouth has helped to provide funds for many projects in the community. Since its inception the foundation has awarded more than 11 million dollars in scholarships and grants. On Friday, April 8th the foundation hosted its first charity chat, with the topic of the conversation being, "Scioto Foundation's Impact in the Community."
According to information released by the foundation, "Scioto Foundation was established in 1974 with a gift of $200,000 from Bertha T. Johnson and currently is a collection of approximately 200 separate funds ranging in size from $1,000 to $2.1 million dollars. Since 1974 the Scioto Foundation has received $20.2 million in contributions and granted $11.2 million to local nonprofit organizations and scholarships for local youth. It reported a total market value of $23,223,543 as of December 31, 2010."
One of the programs the foundation has undertaken is the University College Access Network (UCAN) program that according to foundation information is, "dedicated to providing financial assistance for local youth to attend college. Under its Challenge/Matching Grants Program, the Scioto Foundation has pledged $600,000 for the projects first five years to offer a 1:1 match for donations to Scioto County Schools endowment funds, up to a limit of $10,000 per year for each system."
A total of $95,118 was contributed to area schools UCAN endowment funds. With the foundations match the total contribution was over $190,000. In 2010 contributions totaled $209,074.
"A lot of good people had went before us (at the Scioto Foundation) and set down a very good example and a very good legacy for us to follow. the over all mission of the foundation is to effect a change, for those that follow us," Mike Gampp, Chairman of the Scioto Foundation board said. "UCAN is one that achieves that more than anything we can do. We have a vision at the foundation through UCAN program to provide the opportunity for every student in Scioto County that wants to go to college; will not be precluded from doing so for financial reasons. This program is getting more people involved and getting more people asking questions."
This is the third year of the UCAN program. All twelve schools within Scioto County have signed on to be apart of the UCAN program.
As a part of the UCAN program a scholarship locator has been established with the help of Miami University's Center for Public Management and Regional Affairs. For more information about the locator visit www.ucanfindascholarship.org.
In 2011 the foundation allotted nearly one million dollars for grants. With $244,000 set aside for scholarships.
For more information about the Scioto Foundation and it's many services and opportunities visit, www.sciotofoundation.org.
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