Grants & Gifts
Reza Kargarzadeh, president and founder of Engineered Plastic Components, Inc. based in Grinnell, Iowa, is donating the former Maytag facilities to become part of the Des Moines Area Community College Newton Campus. The $8 million gift includes seven buildings, incorporating 472,000 square feet of office and meeting space. It represents the largest donation to DMACC since the college was founded in 1966. It will triple the size of the DMACC Newton Campus. “My family and I wanted to make an important contribution to the college, Newton community and state of Iowa,” said Kargarzadeh. “The Maytag campus is in excellent shape as we’ve made a number of improvements over the past few years. My hope is that we see more academic programs for DMACC students and new businesses locating in Newton. It’s a win – win for all involved.” Kargarzadeh approached DMACC earlier this year with this exciting proposal,” said Rob Denson, DMACC president. “We will be working closely with the city and the Newton Development Corporation to grow this business park. It offers a unique opportunity for all of us to work together to create new opportunities and jobs in Newton.”
The Colorado Department of Higher Education visited the Red Rocks Community College Arvada campus to present a check on behalf of the Colorado Opportunity Scholarship Initiative. An award of more than $79,000 was presented to the RRCC Foundation on behalf of Clear Creek, Gilpin, and Park counties and Red Rocks Community College. Accepting the check were Red Rocks Community College President Michele Haney, President, and Ron Slinger, executive director, RRCC Foundation. The college and foundation partners with local counties to provide student support services on campus coupled with matching scholarship dollars. The money is matched 1:1, providing more than $1.1 million in new scholarship dollars for students in this local area. The Colorado Opportunity Scholarship Initiative was created to increase the attainment of postsecondary credentials and degrees for underserved students in Colorado. To increase accessibility, the Scholarship Initiative funds programs that will help prepare students for postsecondary education, as well as support them through completion.
Long Beach City College has received a $300,000 grant from the MUFG Union Bank Foundation that will help expand small business and entrepreneurship initiatives. The grant will support the Los Angeles Region Small Business Development Center Technical Assistance & International Business Accelerator programs, and The Portal, a new LBCC initiative designed to encourage and facilitate LBCC student entrepreneurship. “Economic development is a core part of Long Beach City College’s mission,” said LBCC Superintendent-President Eloy Ortiz Oakley. “We thank MUFG Union Bank for this generous grant, which will allow us to develop a stronger entrepreneur ecosystem in our region. It will help small businesses grow and add jobs, and create a more robust local economy.” The grant was awarded through the MUFG Union Bank Foundation’s Advancing Communities Forward: Small Business Technical Assistance program which awards multi-year grants to organizations to enhance the technical assistance programs they provide that will help drive economic growth in low- to moderate-income communities.
Community College Week welcomes e-mailed listings for the “Grants and Gifts” section. Submissions should be brief and include:
• Dollar amount (or itemization of in-kind contributions) of the grant or gift
• Who/what is giving or granting
• What the gift or grant will be used for
Please send information to firstname.lastname@example.org with “Grants and Gifts” as the subject line.