Bethune-Cookman University Receives $20,000 Walmart Foundation Grant to Support Accreditation Efforts
Bethune Cookman University is pleased to announce it has been awarded a 2017 Walmart Foundation mini grant of $20,000. Administered through UNCF’s Institute for Capacity Building (ICB),Bethune Cookman University is among 12 grant recipients this year to receive funds to assist with reaccreditation efforts.
Of the 12 institutions, Bethune Cookman University is among six selected by UNCF to use its $20,000 grant toward preparation for its reaffirmation of accreditation, a customary ten-year process required by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), Bethune Cookman University’s regional accrediting body. The remaining seven selected institutions will use a $10,000 grant for their five-year interim readiness reviews. The mini grants will provide technical assistance from content-area experts, which will better prepare Bethune Cookman University to document its success in educating students, maintain full accreditation upon completion of its review.
“Thanks to the Walmart Foundation for consistently supporting UNCF and its member institutions, including Bethune Cookman University. Offering this critical capacity-building grant will further strengthen our university, preserve its historic legacy, and will ultimately benefit the deserving students we serve,” said Clifford Porter, Vice President, Institutional Advancement.
Bethune-Cookman University is a valuable economic engine in its community, generating substantial economic and workforce development in the Central Florida region year after year. According to a University of Georgia Terry College of Business study commissioned by UNCF, HBCUs Make America Strong: The Positive Economic Impact of Historically Black Colleges and Universities, the University generates $136M in total economic impact for its local and regional economies. This estimate includes direct spending by Bethune-Cookman University on faculty, employees, academic programs and operations and by students attending the institution, as well as the follow-on effects of that spending. The institution prepares 500 graduates who enter the global workforce as highly-qualified contributors.
Over the last decade, the Walmart Foundation has granted more than $4 million to UNCF, which includes the recent announcement of $500,000 to support UNCF’s ICB, a network-wide initiative that helps strengthen member historically black colleges and universities (HBCUs). Through the Walmart Foundation’s support of ICB, funds and technical assistance can help institutions with its accreditation reaffirmation.
“Once again, the Walmart Foundation has made a significant investment in UNCF’s HBCUs, which in turn results in an investment in America’s future workforce and economic development,” said Dr. Michael L. Lomax, UNCF president and CEO. “Through the continued investment in UNCF’s Institute for Capacity Building, which supports our member HBCUs including Bethune Cookman University, Walmart is ensuring that our institutions are given the proper tools to function, to train and equip faculty and staff, and to best serve students who will become leaders of tomorrow.”
As a result of targeted implementation activities, anticipated outcomes include improved fiscal operations and processes, improved staff competencies and capacities, timely report submission and full compliance with the accrediting body. Taken together, these help to ensure that an institution is providing a quality education and has
sufficient facilities, faculty, staff and other resources to accomplish its mission. Since the beginning of the Walmart Foundation’s support of ICB, the entire network of UNCF’s 37-member HBCUs have received grants to assist in various areas of the accreditation process.
About Philanthropy at Walmart
By using our strengths to help others, Walmart and the Walmart Foundation create opportunities for people to live better every day. We have stores in 27 countries, employing more than 2.2 million associates and doing business with thousands of suppliers who, in turn, employ millions of people. We are helping people live better by accelerating upward job mobility and economic development for the retail workforce; addressing hunger and making healthier, more sustainably-grown food a reality; and building strong communities where we operate and inspiring our associates to give back. Whether it is helping to lead the fight against hunger in the United States with $2 billion in cash and in-kind donations or supporting Women’s Economic Empowerment through a series of grants totaling $10 million to the Women in Factories training program in Bangladesh, China, India and Central America, Walmart and the Walmart Foundation are not only working to tackle key social issues, we are also collaborating with others to inspire solutions for long-lasting systemic change. To learn more about Walmart’s giving, visit www.foundation.walmart.com.
UNCF (United Negro College Fund) is the nation’s largest and most effective minority education organization. To serve youth, the community and the nation, UNCF supports students’ education and development through scholarships and other programs, strengthens its 37 member colleges and universities, and advocates for the importance of minority education and college readiness. UNCF institutions and other historically black colleges and universities are highly effective, awarding nearly 20 percent of African American baccalaureate degrees. UNCF awards more than $100 million in scholarships annually and administers more than 400 programs, including scholarship, internship and fellowship, mentoring, summer enrichment, and curriculum and faculty development programs. Today, UNCF supports more than 60,000 students at more than 1,100 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized motto, “A mind is a terrible thing to waste.” Learn more at UNCF.org, or for continuous news and updates, follow UNCF on Twitter, @UNCF.
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About Bethune Cookman University:
Founded in 1904 by Dr. Mary McLeod Bethune, Bethune-Cookman University (B-CU) today sustains her legacy of faith, scholarship and service through its relationship with the United Methodist Church and its commitment to academic excellence and civic engagement. B-CU offers 38 degrees on its main campus and online college. Located in Daytona Beach, B-CU is one of three private, historically black colleges in the state of Florida. The institution boasts a diverse and international faculty and student body of nearly 4,000. For more information, visit www.cookman.edu.