Established in 1968, the Hagerstown Community College Foundation,Inc. is a 501(c)(3) not-for-profit corporation. The Foundation assists the college in its mission of being a comprehensive open door educational institution. It seeks private financial contributions for the progress of HCC and works to support the college in meeting its new challenges. In doing so, the Foundation provides a means for individuals and businesses to invest in the future of our citizens. Its funds are endowed, and only the interest income is used; the original capital remains preserved.
The Foundation represents an ongoing and vibrant partnership between the college and the community. This partnership provides the community a high return on investment as the college efficiently manages and effectively develops a comprehensive educational process to provide a well-trained and skilled workforce in Washington County.
The college, like all individuals and businesses, is confronted with rising costs which create financial pressures on its operating budget. The college does receive public funding but that financial resource has been declining. It is becoming more difficult to cover the basics and to support many worthwhile instructional and enrichment activities as well as equipment purchases. HCC looks beyond government resources to fund significant student aid, academic and cultural programs, and capital project needs. This support is vital to the academic excellence of the college.
A critical need exists to provide scholarships for both academically outstanding and financially needy students. Scholarships are available to students just beginning their college years or returning to school to acquire new skills for tomorrow’s jobs. Interest from Foundation funds are used primarily for academic scholarships. Thus, the Foundation strives to help HCC in its commitment to student success and regional development through educational excellence and community involvement. HCC Foundation scholarships provide possibility and encouragement for worthy students who could not otherwise afford to attend college. Foundation activities strengthen the college’s ability to remain vital and to grow and flourish far into the 21st century. Increased funds for its endowment provide a stable base for student financial assistance and help the college provide the economic edge for our state and nearby areas.