College of the Future
JOIN A DYNAMIC COMMUNITY & ACCELERATE YOUR COLLEGE'S SUCCESS! APPLY TODAY TO JOIN OUR INAUGURAL COHORT!
Are you a college president who is thinking about ways to secure funding for projects post-CARES Act? Are you a foundation director or staff member who wants to advance and break new ground? Are you a college foundation board member who wants to move beyond scholarships to support for new programs and capital projects? Are you a former Council for Resource Development (CRD) member who found value in an association focused on community college professional development?
If you answered yes to any of the above, then we think you'll find that this is project is worth exploring! The Entrepreneurial College of the Future offers the opportunity for a college to form an executive team including a president/chancellor, foundation executive director/staff leader, and volunteer foundation board member to work with NACCE to create new opportunities for your college and your community. NACCE has secured over $200,000 to launch the project and fund our inaugural community, and is elated to announce that the Philip E. & Carole R. Ratcliffe Foundation will generously fund NACCE's inaugural Pitch for the Foundation. Competition winners will develop and implement new approaches to turn $150,000 in prize funding into $1 million in impact by early 2023.
The Community Pilot will culminate in the launch of a Foundation of the Future Toolkit that includes reflective learning opportunities, presents best practices and learnings from the pilot phase.
During the NACCE 2022 Annual conference, before and after results will be presented during the Community College College of the Future Summit.
Following NACCE’s 2022 Annual Conference, College of the Future will continue via NACCE Institute with an interest in reaching a broader national audience as based on 2021-2022 learnings. Working in tandem with the newly released toolkit.
These resources will support the creation of forward-thinking, action-oriented, entrepreneurial college foundations designed to build capacity by cultivating and leveraging partnerships between colleges, college foundations, alumni and the community that will transform future workforce capacity and increase student success. This new initiative will:
- Help college presidents, foundation executive directors, and foundation board members to increase capacity to raise funds well beyond scholarships.
- Assist college presidents to plan for the end of CARES Act funding and the likely continuing revenue declines due to enrollment decreases.
- Fill the gap of professional development and conferencing that exists with the demise of the Council for Resource Development (CRD) several years ago.
- Equip colleges and foundations to plan for new streams of income, requiring new skills and expertise.
- Support NACCE’s expansion of members through programming and support of foundation staff who can benefit from development applications of entrepreneurial mindset.
College of the Future programming will embed entrepreneurial mindset practice into the following action items/meeting modules:
- How to develop and deepen relationships amongst key stakeholders, formed around common transformational goals;
- The importance of strategic alliances between colleges, college foundations, and communities;
- Practical solutions that build college capacity via nontraditional funding sources, transitioning funders out of transactional and into transformational giving; and
- Best practices/examples of community college foundations facilitating community solutions through sustainable college programming.
During the Community Pilot the working group will develop a focus group / cohort of community college foundations that include NACCE member colleges / college representatives meeting one or more of the following characteristics:
- College President with less than 18 months of service
- Community Colleges or HBCUs serving diverse student populations
- Formerly engaged members of CRD
- Reputation for or experience in Workforce readiness programming, with established community partnerships or relationships
NACCE will ensure that urban, rural, and suburban communities are equally represented. Preference may be given to colleges with foundations currently engaging in strategic transformation. Key stakeholders include college leadership and foundation heads and/or trustees that interface with local community foundations and/or local, state and regional special interest groups.
NACCE members in good standing and/or colleges interested in joining NACCE are eligible to apply. Nonmembers are welcome to apply, but must commit to joining NACCE before March 31, 2022.
FUNDING AWARDED TO SUCCESSFUL APPLICANTS
The 2022 College of the Future Community/Cohort will serve the pilot phase of this program. Pilot programs typically follow an annual calendar and consider a comprehensive suite of opportunity. It is in this stage that we embrace all angles and determine the most impactful path forward. In addition to pro bono strategic guidance to help you identify and maximize assets in your community, the opportunity to innovate, co-create, and network with our national community, and visibility as a national thought leader in this space, NACCE will offer the following funding to successful applicants:
- $3,000 in Stipend Funding in towards program Resource Creation
- $5,700 in Scholarship Funds to Attend #NACCE2022, October 2-5 in Boston, Massachusetts
- An opportunity to participate in NACCE's Everyday Entrepreneur Venture Fund Program
Community/Cohort members are also eligible to pitch in the inaugural Pitch for the Foundation, sponsored by the Philip E. & Carole R. Ratcliffe Foundation, for their share of a $150,000 prize fund. NACCE Membership Scholarships may also be made available.
Questions? Email firstname.lastname@example.org.
The applications window will close February 28, 2022. College applicants must either be a NACCE member in good standing or willing to join NACCE before March 31, 2022. Selected colleges will be invited to join the Growth Engine
Company's Bryan Mattimore for a customized ideation session in early spring 2022.