Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

The Promise Program

Funder: Parke County Community Foundation Inc (in partnership with Promise Indiana, Indiana Education Savings Authority, and Lilly Endowment)

Geographic Scope: Parke County, Indiana

Focus Areas: Post-secondary education access, college and career readiness, educational savings for youth

Program Description: The Promise is a community-driven initiative that promotes saving for post-secondary education. The program:

  • Helps families start a CollegeChoice 529 Direct Savings account through schools

  • Seeds accounts with initial investments from local/regional sponsors

  • Rallies the community to match family and champion deposits

  • Integrates college and career discovery activities in K-5 classrooms

  • Provides campus visits and interactive learning experiences through "Walk Into My Future" events
  • Eligibility: Elementary-aged students in Parke County schools selected to participate in the pilot program

    Program Launch: Parke County joined The Promise program in 2019, becoming one of the newest communities to launch with support from Promise Indiana

    Impact:

  • Over 13,000 youth statewide have started CollegeChoice 529 direct savings accounts through The Promise program

  • Research shows youth with college savings accounts are 3-4.5 times more likely to attend college

  • CollegeChoice 529 accounts can be used at 2-year community colleges, 4-year universities, or trade/technical schools
  • Funding: Parke County donors raised more than $60,000 to launch the local Promise program

    Contact Information:

  • Colleen Engle, Parke County Community Foundation

  • Email: cengle@parkeccf.org

  • Phone: (765) 569-7223

  • Website: www.PromiseIndiana.org

  • Parke County Community Foundation

  • 115 N. Market Street

  • PO Box 276

  • Rockville, IN 47872
  • Focus Areas & Funding Uses

    Fields of Work

    educationcollege-prep

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