Welcome!

News Feed Item

John M. Belk Endowment Gives $10M to College Advising Corps to Improve Access to College for Rural N.C. High School Students

Endowment's First Major Grant to Boost Workforce and N.C. Communities

CHARLOTTE, N.C., Jan. 16, 2014 /PRNewswire/ -- The White House today is set to announce that the John M. Belk Endowment will provide $10 million to the College Advising Corps to increase access to higher education for low-income students in rural North Carolina high schools, a three-year initiative that supports Michelle Obama's second-term focus and the President's efforts to boost the nation's college graduation rates.

(Logo: http://photos.prnewswire.com/prnh/20140116/CL47390LOGO )

The John M. Belk Endowment's grant aims to send more students from rural high schools to college and other training programs that will improve their futures and strengthen the workforce in their communities.

The gift also highlights dramatic growth in the size and reach of the College Advising Corps, which places recent college graduates as college advisers in underserved high schools across the country. The funding will allow the Corps to partner with the University of North Carolina at Chapel Hill, Davidson College and North Carolina State University to place advisers in 60 rural high schools to increase student access to four-year colleges, community colleges and other credentialing programs that will lead to family-sustaining jobs aligned with workforce needs.

By 2018, experts estimate 63 percent of jobs will require some sort of higher education. Yet rural students nationally lag behind their urban peers in college enrollment and persistence, leaving the workforce in these communities less competitive for new jobs and investment. In North Carolina, about 27 percent of adults in rural counties hold two- or four-year degrees, compared to 42 percent in urban areas.

"We are finding that too many talented young people who are college ready do not apply to college because they lack the financial resources and understanding of how to access higher education – which can positively change the trajectory of their lives," said Kristy Teskey, the inaugural executive director of the John M. Belk Endowment.

"Our funding support will help break through those barriers to match rural students with opportunities that fit them best, and in turn create a more educated North Carolina workforce," she said. "And a stronger workforce will attract new economic investments to our rural communities and our state."

The $10 million gift is the first to reflect the John M. Belk Endowment's newly defined mission to empower the 21st century workforce by creating pathways to prosperity for low-income and other underrepresented students by increasing their access to higher education.

The John M. Belk Endowment will award more than $13 million annually in grants to organizations aligned with its new mission, which is based on the vision of its founder, the late John M. Belk, who served as Charlotte mayor and CEO of Belk Inc., the nation's largest family-owned and-operated department store company. Mr. Belk initially created the John M. Belk Endowment in 1995 to fund a national merit scholarship program at his beloved alma mater, Davidson College.

"My dad valued education and collaboration as a means to community vitality," said M.C. Pilon, chair of the John M. Belk Endowment. "We're building on his vision as a businessman and a civic and community leader to strengthen North Carolina's workforce by giving all students access to the education they need to succeed."

The John M. Belk Endowment has partnered with the College Advising Corps because of its demonstrated results and ability to scale up the program ideally to all high schools across the state. High schools with Corps advisers see an 8 to 10 percent increase in college-going rates compared to schools without advisers, according to a study by Stanford University.

The Corps will grow 34 percent this year with advisers in 552 high schools in 14 states. The advisers work in conjunction with high school guidance counselors, and are expertly trained to navigate complex admissions, financial aid, and evaluation processes – and to guide students toward higher education and credentialing opportunities that best fit their skills and interests.

Advisers also work closely with colleges and programs that are aligned with workforce needs and have demonstrated commitment to helping students complete their programs.

"We are excited to expand aggressively into rural North Carolina," said Nicole Hurd, founder and CEO of the College Advising Corps. "A successful future for low-income students is often made possible with a college degree, and a successful North Carolina is made possible by a dynamic, educated population. It is an honor to serve the state's students with our partner universities as we work to strengthen North Carolina's human capital, economic capacity and rural communities." 

About the John M. Belk Endowment
Based in Charlotte, N.C., the John M. Belk Endowment is a private family foundation whose newly defined mission is to empower the 21st century workforce by creating pathways to prosperity for underrepresented students by increasing their access to and completion of higher educational opportunities in North Carolina. Beginning in 2014, the John M. Belk Endowment will award more than $13 million annually in grants to programs and institutions aligned with this mission, which is based on the vision of its founder, the late John M. Belk. Mr. Belk served as the mayor of Charlotte and CEO of Belk Inc., the nation's largest family-owned and-operated department store company. He created the John M. Belk Endowment in 1995 to fund a national merit scholarship program for his beloved alma mater, Davidson College. For more information, please visit www.jmbendowment.org.

About the College Advising Corps
The College Advising Corps, based in Chapel Hill, N.C., works to increase the number of low-income, first-generation college and underserved high school students who enter and complete higher education. To deliver on this mission, the College Advising Corps places well-trained, recent college graduates from 23 partner institutions of higher education as full-time college advisers in the nation's underserved schools. The College Advising Corps provides the support that high school students need to navigate the complex processes of college admissions, securing financial aid and enrolling in schools that serve them well. For the 2013-2014 school year, the Corps had 375 advisers in 423 high schools in 14 states serving 128,000 students. The Corps will add three university partners in 2014: Davidson College, N.C. State University and Washington University. For more information, go to www.advisingcorps.org.

SOURCE John M. Belk Endowment

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
As companies gain momentum, the need to maintain high quality products can outstrip their development team’s bandwidth for QA. Building out a large QA team (whether in-house or outsourced) can slow down development and significantly increases costs. This eBook takes QA profiles from 5 companies who successfully scaled up production without building a large QA team and includes: What to consider when choosing CI/CD tools How culture and communication can make or break implementation
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
"We view the cloud not really as a specific technology but as a way of doing business and that way of doing business is transforming the way software, infrastructure and services are being delivered to business," explained Matthew Rosen, CEO and Director at Fusion, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.