Paxton Bequest – Frequently Asked Questions
Last Updated: March 8, 2019
Number | Question | Response |
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1. | Is this the largest contribution ever received by HACC and/or the HACC Foundation? | Yes, this is the largest in the history of the College and Foundation. We received nearly $1.3 million from Mrs. Paxton. The second largest gift was $1.2 million, and it was contributed by Select Medical Corporation. |
2. | Had the Paxtons contributed to HACC before the bequest? | No. The bequest was their first-ever contribution to HACC. |
3. | How will students benefit from this bequest? | Students will use any equipment purchased. Students will benefit from improvements to our academic programs, resulting in smoother transfers to four-year schools and better job offers. Initiatives that are implemented will help students to learn more about STEAM. |
4. | How will the funds be administered? | The funds will be administered by the HACC Foundation. HACC employees can apply for the funding on a quarterly basis. They have to complete applications proving that their projects will support STEAM at HACC and benefit at least two campuses. The employees are then interviewed by a HACC Foundation committee. Approved projects receive funding, and colleagues are allowed up to 12 months to complete the projects. |
5. | What is the amount of the HACC Foundation’s endowment? | The amount is approximately $40 million. |
6. | Why aren’t you using these funds to provide scholarships or lower tuition? | Mrs. Paxton’s expectations were clearly explained in her last will and testament. The funds for excellence and focus on STEAM fit these expectations perfectly. |
7. | How can we find out how this money is spent in the future? | Each quarter, we issue news releases about HACC Foundation spending. Please visit http://newsroom.hacc.edu for updates. |
8. | How many STEAM-related academic programs do you have at HACC? |
We have 89 STEAM-related academic programs. The list of programs can be found here. |
9. | How many students are enrolled in STEAM-related programs at HACC? |
As of Feb. 8, 2019, out of HACC’s approximately 18,000 students, there are more than 3,400 students enrolled in STEAM-related programs at HACC. There are 89 STEAM-related programs at HACC. |
10. | What are some of the STEAM-related student organizations at HACC? | A list of STEAM-related student organizations at HACC can be found here. |
11. | What are three to five STEAM-related successes at HACC? |
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