EFSC Foundation 2017-18 Foundation Annual Report | Page 6

THANK YOU TO OUR GRANTORS
• Wells Fargo • IME BECAS
• Boeing
• First Generation Matching Grant
• Helios
• Florida Blue
“Receiving a scholarship gives me more
incentive to keep working hard to pursue
my dreams. I am proving to myself that
anything is possible even under difficult
circumstances. I am very thankful.”
Sophia
Find out more at easternflorida.edu/foundation
Gifts and Growth
TITAN FUND
In an effort to create more scholarship opportunities available to our student population,
the Titan Annual Fund was created to help us grow our ability to award more
scholarships and support college initiatives.
Titan Fund average gift is $272 with 1,876 total gifts thus far, totaling $132,899
Fund grew by 65%
10 NEW SCHOLARSHIPS THIS YEAR
• C
 ape Design Health Sciences Endowed
Scholarship
• CNA Scholarship City of Titusville
• Charles Provost Scholarship
• EFSC Military and Veteran Services
• Earle L. Petty Memorial Scholarship
• Homeless High Foundation
• Indialantic Rotary Club Scholarship
• Residence Council of Brennity Scholarship
• Roger K. Henry Memorial Scholarship
• Space Coast Health Foundation Endowed
Nursing Scholarship
776 students received scholarships for a 40% increase, with $694,000 in total giving
for a 28% increase
Total Fiscal Year Giving to the Foundation:
535 donors with 2,250 gifts for Fiscal Year 2018, totaling $464,678
GIFTS TO THE FOUNDATION
Corporations
$204,919
Grants
13%
Foundations
16%
Individuals/Clubs/Organizations
$126,774
Corporations
44%
88%
7%
5%
Foundations
$72,989
Individuals/Clubs/
Organizations
Grants
$59,996
Grand Total: $464,678
27%
TOTAL RESTRICTED ENDOWED FUNDS
College Program
Support
Endowed Scholarships total restricted funds
$10,016,000
7%
Endowed
Faculty Chairs
5%
College Program Support (Simpkins Series/Art)
$795,733
Endowed Faculty Chairs
$547,325
Grand Total: $11,359,058
Endowed
Scholarships total
restricted funds
88%
WHAT IS AN ENDOWED SCHOLARSHIP?
An endowed scholarship is the donation of money to a foundation for the ongoing support
of a scholarship. The EFSC Foundation invests the endowed capital, and only the interest
generated is used to issue scholarships (per the donor’s instructions). Therefore, the
capital or corpus is never touched, ensuring that the donor’s gift is a permanent source of
funding for ongoing scholarship support. It’s a gift that keeps on giving.
EMPLOYEE GIVING
Employees gave 1,423 gifts totaling $10,092
Our Employees Care!
LARGEST CORPORATE GIFT: $50,000 from Boniface Hiers
Niccole
“I am honored, humbled, and blessed to
be chosen for a scholarship. Thank you for
your generosity. I will now have the tools
to be more successful in my career and be
a positive role model for my children.”
Find out more at easternflorida.edu/foundation