The CAU Foundation supports the institutional advancement and the educational
and community service programs of CAU Miami by providing vision, ideas, leadership,
and resources through organized fund raising activities and funds management
of charitable gifts.
ADDRESSING THE ISSUES
The Florida Department of Labor projects that 8 out of 10 newly created jobs
in the state will require some sort of post-secondary education. The future for
all Americans is in higher education. Nothing promotes the public good
more than education.
In the United States today, thirty percent of the national population is comprised
of minorities. Hispanics currently account for 14% of the population and are
the largest minority group in the US. Yet, 43% of Hispanics over the age of 25
do not possess a high school diploma. This number compares with 26% of African
Americans and 15% of White-non-Hispanics. For second generation Hispanics, the
number of high school graduates rises to 70 percent. According to a study of
US Census Bureau data by the Pew Hispanic Center in Washington, DC, second generation
Hispanics are about as likely as their mainstream counterparts to attend college.
However, the college completion rate for White-non-Hispanics (37%) is over twice
that of second generation Hispanics (16%).
note that this inability to complete college is directly correlated
to social and economic reasons. Hispanics are more likely to be part-time
students. A significantly larger number of Hispanics attend two-year
community colleges rather than four-year colleges and universities.
These adverse scholastic figures translate to less pay, less employment
possibilities, and a reduced lifetime earning potential for Hispanics.
The unemployment rate for Hispanics is over twice that for White-non-Hispanics.
By the year 2050, fifty percent of the US population will be of minority
status, and one in four citizens will be of Hispanic heritage.
is making strong strides to improve the ability of minorities to
pay for college through the creation of scholarship opportunities.
Social scientists have long concluded that culture is a major factor
in the upward mobility of a person in society. CAU makes cultural
sensitivity a special priority. CAU believes that being
educated in facts and procedures is not enough; rather
embracing cultural diversity will be a key competency
of the 21st century. CAU teaches its students that
the basic principle of upward mobility is tied to cultural
dexterity. It is in the best interest of the Florida
community that we reach out to educate everyone.
board members, staff and alumni, and South Florida’s
concerned businesses, private foundations, organizations
and generous individuals are supporting the CAU foundation
with their donations and support. South Florida funding
of the CAU Scholarship Program will remain in South
Florida and serve only students attending the Miami
For many of South Florida’s best and brightest,
the most daunting barrier to higher education is financial
limitation. To them, the hope of climbing higher on
the ladder of success appears to be blocked by their
inability to meet basic tuition requirements. In consequence,
we have established a scholarship campaign to assist
deserving, needy students.
MOST STUDENTS REQUIRE FINANCIAL
A majority of CAU’s students require financial
assistance at varying levels and the current downturn
in our economy has only made circumstances more difficult.
For example, in the 2002-2003 school year, approximately
91% of all undergraduates and 85% of all graduate students
received some form of financial aid.
To meet these needs,
the Board of Directors of the CAU Foundation is reaching out to businesses, private
foundations and individuals who share our concern for
providing opportunity to deserving, underserved students.
Our scholarship campaign has two distinct components:
Full and partial
Financial Aid packages
The Foundation’s first component is a
direct scholarship program which must raise at least $1 million
during the 2003-2004 academic year. These funds will
provide full and partial financial aid packages for
undergraduate and graduate students, all of whom have
demonstrated the necessary academic qualifications
and real financial need.
The CAU Title V program is the second component of
the scholarship campaign. It consists of an endowed
scholarship fund that combines gifts from private donors
with additional support from the US Department of Education.
Now entering its fourth year, our Title V program is
targeted to build a $1 million endowment at the end
of five years. While we remain on track toward our
ultimate goal, we must continue to raise private funds
for the endowed scholarship.
RECOGNITION FOR DONORS AND VOLUNTEERS
The CAU Student Scholarship Campaign offers a variety
of recognition opportunities for supporters who can
make substantial annual gifts. Our most generous benefactors
are associated with specific single-year or multi-year
scholarship funds that bear their names.
In further recognition of their altruism, we invite our most significant benefactors
and campaign volunteers to a variety of VIP receptions and special events.
Additionally, their names and/or those of their businesses are prominently
featured in CAU’s annual report, newsletters, and event guides.
We offer these recognition opportunities as expressions of our appreciation,
but one of the most important benefits of all is the difference that our scholarship
benefactors make in the lives of our students.
If you share our vision of providing higher education to those who are truly
deserving, then we invite you to participate in the CAU Scholarship Campaign.
With your support, we can fulfill the aspirations of hundreds of promising
South Florida residents in the coming year alone. Together, we can help them
achieve their hopes for a better quality of life and teach them to serve others
in need throughout our diverse community.