RCC Educational Foundation reaches $11.2 million in assets

The 2017-18 Rappahannock Community College (RCC) Impact Report, available in December, indicates assets of the RCC Educational Foundation Inc. have reached over $11.2 million.

“The Foundation assets have grown significantly over the last 15 years, which is extraordinary considering that much of that time we experienced an economic recession,” said RCC president Dr. Elizabeth H. Crowther. “The philanthropic support of our area residents and businesses continues to amaze me.”

In 2003, the RCC Educational Foundation had $1.7 million in assets and grew to $11.2 million in 2018—an increase that results in a…