Say Yes to Education Syracuse Receives Millions in Support

     Published on 3/2/16   Tagged under:    District News   

Thanks to support from County Executive Joanie Mahoney and Mayor Stephanie A. Miner, Say Yes to Education Syracuse will receive a financial boost that will allow it to permanently endow its scholarship fund.
 
Mayor Miner announced that as the result of an expansion project at Crouse Hospital, the Syracuse Local Development Corporation (SLDC) will donate proceeds from a bond fee, expected to total $400,000, to the Say Yes to Education Foundation Endowment. This contribution from the SLDC helps meet the threshold required to receive a $5 million contribution from SRC, Inc.
 
County Executive Mahoney also announced a funding lift to benefit Say Yes to Education, noting that a $20 million contribution to the Syracuse College Promise will be distributed to the Say Yes Scholarship Endowment Fund.
 
Together, these contributions ensure that the Say Yes tuition guarantee, which has helped make it possible for more than 2,000 SCSD students to attend college, will remain sustainable in the years to come.
 
“These funding commitments from the Syracuse Local Development Corporation, the City of Syracuse and the County are an investment in the children of this community,” Superintendent Sharon L. Contreras said.  “The endowment provides the financial support to so many of our families that otherwise would not be able to send their children to college.  We are grateful to County Executive Joanie Mahoney, Mayor Stephanie Miner and to the SLDC for their generous contributions; they will change the lives of thousands of young people across the City of Syracuse.”
 
In addition to the full tuition college scholarship program, Say Yes to Education also provides social programming in schools, including access to legal services and family counseling.