ACC Foundation receives $100K endowment

Staff report
Posted 7/2/18

The Arapahoe Community College Foundation has received a $100,000 endowment from the Nathan B. and Florence R. Burt Foundation to fund scholarships for students enrolled in the college’s business …

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ACC Foundation receives $100K endowment

Posted

The Arapahoe Community College Foundation has received a $100,000 endowment from the Nathan B. and Florence R. Burt Foundation to fund scholarships for students enrolled in the college’s business entrepreneurship program.

“We are most grateful to The Burt Foundation,” Courtney Loehfelm, executive director of the ACC Foundation, said in a news release. “Current and future students will benefit tremendously from this generous gift. Our most sincere thanks to the Board of Directors at The Burt Foundation.”

The ACC Foundation provides instrumental support for the college’s students and the business entrepreneurship program, making a direct impact on the economic growth of our community through the development of those in our educated workforce seeking to establish their own businesses, the release said.

The nonprofit Burt Foundation was established in 1984 by the late Nathan B. and Florence R. Burt, founders of the formerly-known Burt Chevrolet, and other auto-retailing businesses in Arapahoe County.

The Burt Foundation provides grants to organizations dealing with and affecting the needs of children and indigent senior citizens, primarily in, but not limited to, the Denver metropolitan area.

“This Entrepreneurial Scholarship is dedicated to the memory of Mr. Burt and to promoting entrepreneurial studies at Arapahoe Community College,” Harry L. Arkin, president and chairman of the board of The Burt Foundation Inc., said in the release.

For information about the ACC Foundation, contact foundation@arapahoe.edu or 303-797-5914. For information about The Burt Foundation, contact bf@burtfoundation.org or 303-863-8400.

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