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First Annual Report on Philanthropy Details $10 Million Commitment to Improve College Access, Readiness, and Success for Traditionally Underserved Students
Submitted by: Great Lakes Higher Education Corporation & Affiliates
Posted: Apr 04, 2013 – 08:43 AM EST
MADISON, Wis., Apr. 04 /CSRwire/ - (Marketwired) - Great Lakes Higher Education Corporation & Affiliates has detailed its 2012 corporate giving in its first annual report on philanthropy. The report highlights nearly $10 million in funding for initiatives and programs designed to increase college access, readiness, and success among traditionally underserved students. More than 50,000 students – including students of color, those from low-income households, and those who are the first in their families to attend college – benefitted from Great Lakes-funded efforts in 2012.
"2012 was a pivotal year in Great Lakes' longstanding tradition of philanthropy," said Richard D. George, Great Lakes' President and Chief Executive Officer. "We are pleased to share the ways in which we've refined our approach in support of our core mission, to help put more people on the path to, and through, college."
The Great Lakes Philanthropy 2012 report spotlights a wide range of giving to support college-focused programming designed for traditionally underserved students of all ages, from sixth through twelfth-graders to current college students and adult learners.
Through its new competitive grantmaking process, Great Lakes built relationships with more than 50 organizations helping students prepare academically for, and strengthen campus connections to succeed in, college. Grant recipients, six of which are featured in the report, specialize in services such as after-school tutoring, ACT preparation, mentoring, and learning community development.
Also featured in the report is Great Lakes' extensive, ongoing support of college access initiatives.
Through the federal College Access Challenge Grant, Great Lakes both funds and operates a Wisconsin-wide program designed to help students and families plan, prepare, and pay for college, regardless of family finances. Similarly, Great Lakes funds and operates – in partnership with Milwaukee Public Schools – The Degree Project®, which makes scholarships of up to $12,000 available to participating high school students.
"We've always been committed to doing what's right to make the pursuit of higher education possible for all," said George. "By forging the right relationships, we can make a bigger impact with each dollar that we commit – and we can begin moving the needle on increasing college access and success."
To read more about Great Lakes' philanthropy and the impacts of the programs that received grants in 2012, visit mygreatlakes.org/2012philanthropy.
About Great Lakes and Community Investments
Knowing that education has the power to change lives for the better, Great Lakes Higher Education Corporation & Affiliates helps millions of students pay for college and manage their student loans. Through Community Investments, Great Lakes funds programs that foster workforce development by increasing the number of disadvantaged students who start and complete a postsecondary degree or certificate. Since 2006, Great Lakes has committed more than $78 million in funding to programs that share these goals. For additional information, visit mygreatlakes.org/community.
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