Lake Land College Foundation Funds Adult Ed Programs
•November 11, 2015•
The Lake Land College Foundation Board of Directors recently held its annual meeting and celebrated raising $371,544 in annual funds and awarding nearly $287,678 in total scholarships to Lake Land College students for the 2014-2015 academic year. The addition of last year’s funding effort puts the Lake Land College Foundation’s total assets at $10.8 million. The board has set a fundraising goal of $430,000 in annual funds for the current fiscal year.
In addition to the regular business items, the Lake Land College Foundation Board approved unanimously to fund some of the college’s adult education programs, including GED and English as a Second Language (ESL) classes. Earlier this month, the Lake Land College Board of Trustees voted to suspend adult education programming, effective Dec. 31, due to compounding cash flow constraints, given the state of Illinois budget impasse.
“It is the generosity of our donors who support the mission of organizations like the college and the foundation that will allow us to continue to offer educational opportunities for the most vulnerable students, even in the face of a very serious state financial crisis,” said Lake Land College president Josh Bullock. “Simply put, we could not offer our Adult Basic Education classes next semester without the support of the Lake Land College Foundation.”
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