The Southwestern Oregon Community College Foundation is a tax-exempt 501(c)(3) public foundation organized exclusively for the purpose of supporting higher education in connection with Southwestern Oregon Community College.
The Foundation was incorporated in 1962 and currently has assets of approximately $3 million including endowments, temporarily restricted funds and unrestricted funds.
The Foundation is managed by a team of salaried professionals and is controlled by a volunteer board. It accepts gifts of cash, stocks, bonds, real estate, personal property, life insurance and equipment. It accepts and manages charitable remainder trusts and lead trusts and is licensed to issue gift annuities in the State of Oregon. The Foundation accepts lifetime gifts and gifts by bequest.
The Foundation is actively involved in funding current projects and activities, and in building endowments that will persist in perpetuity. Activities that have been or are currently funded by the Foundation include the Hales Center for the Performing Arts, Expressions West and Visions art competitions, faculty grants, and scholarships.
The Foundation's invested assets are managed by professional money managers. The Foundation's investment policy allows up to 70% of invested assets to be in equities with a maximum of 30% in fixed income instruments.
As an institution of higher education, Southwestern Oregon Community College is uniquely positioned to facilitate the philanthropic interests of its supporters. Gifts to the Southwestern Foundation can be used to support specific academic areas, the arts, a lecture series, scholarships, campus beautification, social programs, construction projects, research, business and economic development, or nearly any other area of interest.