$50,000 Gift to Gateway's Urban Campus Plans Will Be Turned Into $200,000
A nice gift will help propel Gateway Community & Technical College's urban metro campus plans in Downtown Covington.
The college announced on Tuesday that it has received a $50,000 grant from the John A. Schroth Family Charitable Trust, PNC Bank, Trustee. Matching funds from the BuildSmart Kentucky program turn the value of the gift to the college into $200,000.
“The Trustees saw this project as an excellent match for the John A. Schroth Family Charitable Trust,” said Mary Alice Koch, foundation administrator for PNC charitable trusts.
The BuildSmart Kentucky program enacted into law last year is a public-private partnership that provides funding for the top capital project at each college in the Kentucky Community and Technical College System. At Gateway, that project is the Urban Metro Campus. The BuildSmart initiative will raise a total of $15 million for Gateway, based on a 25-percent match raised from private funds.
“We deeply appreciate this investment by the John A. Schroth Family Charitable Trust and the confidence the PNC charitable trust grant review committee has shown in our project,” said Bob Zapp, chair of the Gateway Major Gifts Campaign. “The grant is really an investment in the future of all the students who will benefit from greater access to high-quality higher education right in their backyards. The positive impact of the Urban Metro Campus on their lives represents an economic multiplier of immeasurable value.”
The Urban Metro Campus will create a comprehensive college presence embedded in the Covington community. Two facilities – the Two Rivers Building at 525 Scott Blvd. and the Center for Technology, Innovative and Enterprise at 622 Madison Avenue – currently house programs in business administration, criminal justice, early childhood education, teacher education, information technology, instructional technology, and visual communication, as well as broad-based student success services.
This spring, the college’s Massage Therapy and Cosmetology programs will move into the Center for Professional Services now under renovation at 440 Scott Boulevard. According to the Catalytic Fund, the campus has already attracted an excess of $400 million in economic development projects underway or identified.
Photo from RCN archives