Former Wilmington Mayor Provides $15,000 for CFCC Endowed Scholarship

WILMINGTON - Spence Broadhurst, former Mayor of Wilmington, gave $15,000 to the Cape Fear Community College (CFCC) Foundation to establish an endowed scholarship in honor of Louise F. McColl, outgoing Chairperson of the Board of Directors.

Spence Broadhurst, Wilmington’s mayor from 2004 to 2006, earlier made a commitment to donate his surplus campaign funds to non-profit organizations in the region. McColl’s dedication and support as Broadhurst’s campaign manager and her great dedication to the college and its students inspired his decision to name the scholarship on her behalf.

In addition to her service at CFCC, McColl is a former board member of the North Carolina Citizens for Business and Industry (NCCBI). A resident of Wilmington for most of her life, she operates the event planning and public relations company, McColl & Associates. She has served on the CFCC Foundation Board since 1998.
“We applaud Spence Broadhurst for his commitment to the community and for his decision to assist our students with this scholarship and to honor such an important member of our community,” says Margaret Robison, executive director of the College Foundation. The scholarship is aimed at offsetting education costs for city employees and their employees.

Endowed Scholarships can be started with a gift of $10,000, although subsequent gifts increase the scholarship’s principal. Endowed scholarships provide interest on the invested principal to students for support each year.
Cape Fear Community College (CFCC) is one of the oldest and largest in the North Carolina community college system. Approximately 27,000 students take courses at the college each year. Studies show that for each dollar spent educating CFCC students, more than $2.36 is returned to the local community. Additionally, the college boosts the economy of New Hanover and Pender counties by generating more than $435 million annually in business sales and $192 million in labor income.

For more information about the College, Foundation, endowments, or scholarship opportunities, please contact the Cape Fear Community College Foundation at (910) 362-7331.

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