Transformative Gift by MacKenzie Scott to 10,000 Degrees
MacKenzie Scott's Generous $42 Million Donation
This remarkable gift is the largest contribution to 10,000 Degrees in its 45-year journey. MacKenzie Scott, a philanthropist renowned for making significant donations to various causes, has chosen to invest in the future of 10,000 Degrees. Her transformative $42 million gift aims to foster educational and career opportunities for students hailing from low-income backgrounds.
Impact on Education and Communities
Kim Mazzuca, the President and CEO of 10,000 Degrees, expressed deep gratitude for Scott's trust and generosity. Mazzuca emphasized that this contribution serves as a powerful testament to the importance of education. Moreover, it provides vital support to communities during times of critical need.
The generous grant will be strategically utilized to address the widening educational opportunity gap. It allows 10,000 Degrees to extend its services, offering college and financial aid advising and crucial mentorship from recent college graduates. This guidance assists students in navigating their way to and through college, thus improving their chances of success and upward mobility.
Commitment to Every Student's Potential
Mazzuca further explained that the core mission of 10,000 Degrees has always revolved around providing a fair chance for every student. Regardless of their background, students should have access to education that enables them to achieve their aspirations and lead fulfilling lives that positively influence their surroundings. Unfortunately, students from low-income families frequently face barriers that impede their educational journey.
Community Response to the Gift
Kim Cook, the CEO of the National College Attainment Network, applauded Scott's donation, highlighting that it acknowledges and invests in the efforts of organizations like 10,000 Degrees. Cook noted that the gift would significantly enhance access to postsecondary education, leading to greater economic mobility.
Lasting Influence on Students
Guy Lampard, the chair of the board of directors at 10,000 Degrees, recognized the lasting impact of Scott's generous donation. He emphasized that the funding would bolster support for students, not only throughout their initial steps toward college but all the way to graduation and meaningful careers. This assistance is crucial for students seeking to establish generational stability for themselves, their families, and their communities.
A Legacy of Support for Education
Since its inception in 1981, 10,000 Degrees has emerged as a leading college success organization in the nation. Each year, it supports over 16,000 students and alumni by providing scholarships paired with comprehensive guidance extending to post-graduation. This holistic approach has resulted in an impressive 80 percent graduation rate among its four-year college students, which is double the national average.
Join the Mission for Change
10,000 Degrees strives to equip students with the necessary skills and knowledge for a brighter future. They have awarded over $113 million in scholarships to more than 80,000 students over the last 45 years, directly contributing to breaking the cycle of generational poverty. The organization is focused on creating a positive ripple effect in the lives of its students and the communities they are part of, demonstrating the power of quality education.
The organization encourages individuals interested in making a difference to stay informed and involved. Educational success for all students, particularly from lower-income backgrounds, remains a critical goal as society navigates an ever-evolving landscape.
Frequently Asked Questions
What is the main purpose of MacKenzie Scott's donation?
The donation aims to support educational and career opportunities for low-income students, enhancing their access to college and professional pathways.
How has 10,000 Degrees impacted students in the past?
10,000 Degrees has provided scholarships and holistic support to over 16,000 students annually, achieving a graduation rate significantly higher than the national average.
What specific programs will benefit from the donation?
Programs focusing on college and financial aid advising, scholarships, and mentorship for students will greatly benefit, allowing for an expanded reach and enhanced support.
How can individuals get involved with 10,000 Degrees?
Individuals can learn about volunteering, donations, and advocacy efforts to help promote education for low-income students.
How does this donation help address educational inequality?
By providing financial resources and support, the donation directly helps bridge the educational opportunity gap for low-income students, facilitating their success in higher education.
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