The Wilmington Cape Fear Rotary Club recently provided a gift of $10,000 to Cape Fear Community College (CFCC) Foundation to establish an endowment scholarship.Â This scholarship will be awarded to a recipient from a New Hanover county high school with a minimum 2.5 GPA. The Wilmington Cape Fear Rotary Club scholarship committee will also strive to select students who have excelled in the face of obstacles.Â Endowed scholarships are permanent, named funds. These funds are invested and a portion of the income generated is used to fund annual scholarships.
Wilmington Cape Fear Rotary Club provides a way for local business leaders to give back to their community through fundraising and community service. Over the last twelve years the rotary club has contributed annual gifts to the CFCC Foundation for both endowed and non-endowed scholarships.Â Â
Charles Walker, the club’s community service director, announced that since June 2005, the club has given $179,540 back to local and international organizations, including $36,249 to twenty-three separate organizations in the Wilmington community in 2008-09.
CFCC is proud to partner with the Wilmington Cape Fear Rotary Club. The CFCC Foundation supports the people, programs, and mission of the college by securing and managing gifts that include cash contributions used for endowments and scholarships and other contributions aimed at helping the college meet its goals.
Wilmington Cape Fear Rotary meets every Friday morning at 7:30 am at Jungle Rapids.
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