Golden West Helps Build OLC’s Johnson EndowmentAug 15th, 2008 | By tcj | Category: 20-1: Native Voices, Modern Media, Tribal College News
Oglala Lakota College (OLC, Kyle, SD) received $10,000 from Golden West Telecommunications as the second payment of a 3-year pledge of $30,000. This grant will assist the college in meeting the match agreed upon by the Johnson Scholarship Foundation and OLC.
“The pledge by Golden West is a natural expansion of the scholarship program that we already have in place for graduating high school seniors,” says Golden West General Manager/CEO George Strandell. The company annually gives $1,000 scholarships at 44 high schools throughout its service area. “We recognize the importance that education plays and hope that the additional scholarships will help the college expand the role it plays in providing a skilled workforce for the Pine Ridge Reservation,” concludes Strandell.
Since 2005, OLC has received $200,000 annually from the Johnson Scholarship Foundation by matching this amount with $300,000. This will result in $800,000 from Johnson over a period of four years. The endowment set up as the Johnson Scholarship Foundation Endowment will provide scholarship assistance to OLC business and/or entrepreneurship students with financial need.
“We are extremely pleased that Golden West recognizes the importance of scholarships to our students,” states OLC President Thomas Shortbull (Oglala Lakota).
In 2005, OLC embarked on Phase IV of the Rebuilding the Lakota Nation through Education campaign by announcing goals to raise $6 million for Faculty Endowments and $5 million for student scholarships. OLC’s goal is to raise these funds by 2011. The Johnson Scholarship Foundation’s matching grant gives OLC a big boost in reaching the goal of $5 million in student scholarships by 2011.
For more information, contact Oglala Lakota College President Thomas Shortbull at (605) 455-6000.