*NEWS*XEROX FOUNDATION DONATES $1.75M …

  • 05 02 2016 429716a-cig-clearchoice-banner-902x177
  • 536716a_green_sweep_web_banner_902x17712
  • cartridgewebsite-com-big-banner-02-09-07-2016
  • Print
  • banner-01-26-17b
  • 2toner1-2
  • 4toner4
  • mse-big-banner-new-03-17-2016-416716a-tonernews-web-banner-mse-212
  • futor_902x177v7-tonernew
  • 161213_banner_futorag_902x177px
  • ink-direct-banner-902-x-177-v-1-2-big-banner-03-23-2017
Share

*NEWS*XEROX FOUNDATION DONATES $1.75M …

 user 2006-12-18 at 2:44:00 pm Views: 60
  • #17296

    Xerox foundation invests $1.75 million in MCC
    (December
    2006) — The charitable arm of Xerox Corp. is giving $1.75 million to
    Monroe Community College to go toward scholarships, equipment, faculty
    enrichment and seed money for new programs.Xerox CEO Anne Mulcahy
    announced the Xerox Foundation donation Wednesday while accepting the
    MCC Foundation’s 2006 Salute to Excellence Award at Riverside
    Convention Center.The donation came as a surprise to MCC’s foundation,
    said Director Diane L. Shoger. The two foundations will talk further to
    see if Xerox Foundation has any preferences on how the money is
    used.”We are beside ourselves with admiration for a corporation that
    really values public education,” she said.”We are fortunate that MCC is
    a great community college that continues to transform itself,” Mulcahy
    said in her acceptance speech, according to MCC. “We consider this
    grant not a gift, not a donation, but an investment in our collective
    future.”The money will be paid out over five years, which is typical
    for major gifts, Shoger said.Xerox and MCC have ties that go back to
    the community college’s start. E. Kent Damon, a founding executive of
    Xerox, also was one of the founding trustees of MCC.