Kansas Independent College Fund announces renaming to Foundation

27-Jun-2018

PRESS RELEASE

FOR IMMEDIATE RELEASE | Topeka, KS - The Kansas Independent College Fund, (KICF), on behalf of its 19-member institutions, is proud to announce that it is adopting a new name. Effectively immediately, the Kansas Independent College Fund is officially the Kansas Independent College Foundation.

 

The purpose of the Kansas Independent College Foundation is to “develop, promote, and direct unified approaches to selected corporations, foundations, and individuals for financial support of Kansas’ independent colleges and universities, to strengthen the ability of those institutions to attract charitable support for their missions and programs, and to develop and implement approaches to leverage the collective assets and purchase power of Kansas’ independent colleges and universities to achieve operational cost savings for the individual institutions.”

 

This change maintains the organization’s 501(c)3 tax-exempt status, which bolsters our ability to direct our efforts to support our colleges and their students. A requirement of KICF membership is that the accredited institution likewise be a non-profit institution, and this rebranding to Foundation will allow us to better promote awareness of our program development. However, and most importantly, this evolution is about more than just funding. Our name change reflects a broader mission to seek out ways to help colleges reduce costs, so scholarship funds go farther and support more students.

 

The transition from Fund to Foundation is an impact of the recent merger between the Fund and ACCK, the Associated Central Colleges of Kansas. KICF Board President and Kansas Wesleyan University President Matt Thompson looks to the future in saying, “I deeply value the important role of private higher education in Kansas and the nation. The work of the Kansas Independent College Foundation will strengthen the efforts of the member institutions to serve the needs of the state and region.”

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Located in Topeka, the Kansas Independent College Foundation develops and enhances the competitive standing of its 19-member independent, non-profit, regionally accredited, degree-granting colleges and universities and strives to assure opportunity and choice in higher education for all students. KICF is a 501 (c) 3 not-for-profit Kansas corporation. For more information on the Foundation, please contact Jesyca Hope at 785-235-9877 or jesyca@kscolleges.org.