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Although the quality higher education available at Virginia’s community colleges is a terrific value, it is scholarship money that makes a degree possible for many families.
Working with Fauquier and Rappahannock county community leaders, LFCC officials organized a Citizens Steering Committee with the specific task of creating a scholarship endowment.
The committee’s task was to raise a $100,000 endowment, which would yield 10 percent each year for scholarships.
While the money would be comingled with the fund at the main campus for investment purposes, the money raised locally would be paid out locally.
Accepting the challenge as co-chairmen were Midland builder Wendell “Del” Ennis, and William A. Hazel, of Broad Run, owner of a large Northern Virginia contracting firm.
“Business leaders here recognize the importance of a robust system of higher education to the economic vitality of the community,” said Ennis.
“We also realized that if you include the community, the community will include you, and that has worked from the beginning.”
According to Dr. Marilyn C. Beck, president of LFCC, “The endowment
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