Arapahoe Community College Receives Historic Gift Of Up To $10 Million from Sturm Family Foundation

Date : 03/15/2019 @ 8:38PM
Source : PR Newswire (US)

Arapahoe Community College Receives Historic Gift Of Up To $10 Million from Sturm Family Foundation

CASTLE ROCK, Colo., March 15, 2019 /PRNewswire/ -- Arapahoe Community College (ACC) has received a gift of up to $10 million from the Sturm Family Foundation, the largest in the history of the 13-institution Colorado Community College System.

A HISTORIC OPPORTUNITY
With an over $5 million match opportunity, bringing the full potential of the gift in excess of $15 million, the funding will be used in its entirety for ACC's new Sturm Collaboration Campus at Castle Rock. The Campus will bring together education, industry and the community to create a unique resource for delivering seamless education and work-based learning to Castle Rock and greater Douglas County.

The alliance among ACC, Colorado State University (CSU), the Douglas County School District (DCSD) and the Town of Castle Rock to create the Sturm Collaboration Campus will provide diverse and unique programming that creates a critical link between K-12 education, college and the workforce.

"Our participation with Arapahoe Community College was created intentionally to support a new model of industry-aligned higher education that provides students clear on and off ramps while embarking on a path of lifelong learning and workforce success," shares Donald Sturm, chairman and founder of the Sturm Family Foundation, owner of ANB Bank and developer of The Meadows in Castle Rock, where the campus is located. "Through the matching gift opportunity, we wanted to provide a vehicle to enhance the coalition of partners who will leverage our investment to its full potential for the Sturm Collaboration Campus."

AN INNOVATIVE NEW MODEL
The campus creates a one of a kind model that will align applied learning and workforce training with educational offerings in areas such as Cyber Security, Secure Software Development, Business, Accounting, Entrepreneurship and Health Care. The unique model will pair educational and industry partners to provide students the opportunity to learn in a tech-forward environment with a flexible pathway-based schedule designed to make it easier to work while they attend college.

"We are sincerely grateful for the investment and confidence the Sturm Family Foundation is placing in ACC and the innovative model of the Sturm Collaboration Campus," said ACC President Dr. Diana Doyle. "This partnership will help us achieve our bold campus vision to serve students, industry, and community members in a more seamless manner. We hope future donors will follow the Sturm Family Foundation's lead and invest in the matching opportunities to maximize the full potential of this generous gift."

Approximately half of the Sturm's gift of up to $10 million will be immediately invested in several areas, including program and staffing start-up and state-of-the-art equipment and technology. Matching dollars raised by the ACC Foundation will augment a unique program innovation fund, an endowed scholarship fund, and an investment in the future Phase II of the campus.

To view the full ACC Sturm Collaboration Campus news release and design renderings click here.

Media Contacts:
Courtney Loehfelm
303-797-5914
courtney.loehfelm@arapahoe.edu

Sheryl Machado
303-598-2422
sherylmachado@gbsm.com

 

Cision View original content:http://www.prnewswire.com/news-releases/arapahoe-community-college-receives-historic-gift-of-up-to-10-million-from--sturm-family-foundation-300812832.html

SOURCE Arapahoe Community College

Copyright 2019 PR Newswire

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