BizTucson Magazine - Winter 2022

Page 120

PHOTO BY ZULMA TAPIA

BizPHILANTHROPY

Larry Adamson, Director, Connie Hillman Foundation and Marcy Euler, President Pima Foundation

Pima Foundation Nets $5 Million Challenge Grant Largest Gift in Its History Pima Foundation received a $5 million challenge grant from The Connie J. Hillman Family Foundation to fund new programs and workforce development initiatives across the region. It’s the largest gift in the history of Pima Community College and its foundation, which acts as its fundraising arm. The gift is a two-to-one matching grant over the next three years. For every two dollars Pima Foundation raises, the Hillman Foundation will match one dollar up to $5 million. To receive the full $5 million, Pima Foundation must raise a total of $10 million over the next three years. “What we’ve learned from doing these challenge grants is that it’s helped charitable organizations much more than just an outright grant,” said Larry Adamson, director of the Hillman Foundation, “It permits those funds to be an incentive to make it easier for an organization to go out and ask people to step up and meet the challenge.” PCC, like many community col120 BizTucson

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Winter 2022

leges that serve predominately minority populations, has been hit hard by the pandemic. Overall enrollment dropped 20% over the past two years, as prospective students opt for jobs to support their families or take care of sick relatives instead of school. “The pandemic worsened financial barriers already faced by prospective minority and first-generation college students,” said Pima Community College Chancellor Lee Lambert. “Our challenge is to fund new targeted workforce initiatives that will help those in our underserved communities get back to school and on a path to a family-sustaining career.” Though raising $10 million to take full advantage of the $5 million challenge grant will be a formidable task, Foundation President Marcy Euler said the college is up to the challenge. The foundation has an endowment of $8 million. “We know there is a tremendous need in our underserved communities to ease

the financial challenges of going back to school,” said Euler. “Without additional aid, we are losing a generation of students and potentially widening the poverty gap in our region. There is a real urgency to reversing the damage to our minority students caused by the pandemic.” Pima Foundation plans to appeal to large and small individual donors, local businesses and industries and other foundations. Founded in 2011, The Connie J. Hillman Family Foundation has awarded more than $14 million to local nonprofit organizations. Its pledge of $5 million in matching funds to Pima Foundation is its largest commitment in the region. Pima Foundation, established over 44 years ago, champions Pima Community College by cultivating relationships for lasting positive impact. The foundation oversees more than 200 funds, including endowments, monies for PCC programs and student scholarships.

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Articles inside

Rick Rendon

3min
pages 186-188

Richard Underwood

4min
pages 184-185

Applied Energetics

6min
pages 176-181

UArizona Honors College

2min
pages 162-163

Copper Cactus Awards

4min
pages 182-183

UArizona College of Pharmacy

2min
pages 164-165

I-Squared Awards

3min
page 161

Mark Mistler of PNC Bank

4min
pages 158-160

Cornerstone Building Foundation Honors Industry Excellence

3min
pages 124-125

Pima JTED Building Opens

6min
pages 118-119

Pima Community College’s New Advanced Manufacturing Building

3min
pages 122-123

Pima Foundation Receives Record

2min
pages 120-121

New To Market: Projects and Developments

1min
pages 114-115

UArizona Constructs Grand Challenges Research Building

3min
pages 116-117

El Rio Foundation Marks Two Decades in Healthcare

5min
pages 104-107

The Refinery Opens at UArizona Tech Park at The Bridges

8min
pages 108-113

BizHR Innovation in the Workplace Awards

6min
pages 62-67

PGA Champions Tour Cologuard Classic Preview

3min
pages 58-61

Tucson Conquistadores Thrive After 60 Years

6min
pages 56-57

Tucson Desert Song Festival

4min
pages 32-33

Pima County Historic Courthouse Renovated & Reborn

7min
pages 48-55

New Alfie Norville Gem & Mineral Museum

4min
pages 42-44

New Flights out of Tucson

3min
pages 34-37

From the Publisher

3min
page 4

Minerals Power the World

3min
pages 45-47

World’s Largest Gem Show Returns

8min
pages 38-41

U.S. Army Veteran Gets Mortgage-Free Home

2min
pages 28-31
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