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Colonial Heights Education Foundation reports scholarships, grants and more than $14,000 returned to schools
Summary
Mike Cobb, president of the Colonial Heights Education Foundation, told the board the foundation supported more than 1,400 students this year through scholarships, endowed awards, innovation grants (board policy: up to $300 per grant) and discretionary funding totaling over $14,000; a few amounts in the transcript were ambiguous and are noted as such.
Mike Cobb, president of the Colonial Heights Education Foundation (CHEF), presented the foundation's annual report to the school board on May 26, saying CHEF impacted over 1,400 students across all schools and that its programs include scholarships, innovation grants and discretionary funding.
Cobb listed scholarships that CHEF funds: a "senior of the month" program that awards 10 scholarships a year of $500 each, two permanent endowed scholarships (named in transcript as the Gita Agarwal and Cindy Bruce scholarships at $500 each), and an additional educator scholarship. Cobb also described a BMU auto company trade scholarship that awards $1,000 each year. He said CHEF provided more than $14,000 back to schools this past year through discretionary and grant funding.
On innovation grants, Cobb said the foundation awards grants twice a year of up to $300 apiece and described examples: funding for a running club, electronics for drama, equipment for the flag football team and a light table for a pre-K classroom. The transcript contains a numeric phrase relating to the total value of the 11 grants that is unclear in the recording (rendered in the transcript as "11 grants this past year at $3,50"); that amount is ambiguous and is noted as not specified here pending verification from CHEF documentation.
Cobb thanked business and community partners (including a representative named Jeff Bracewell of Premise Bank and Stacy Anderson, owner of a local Chick-fil-A) and credited payroll-deduction contributions from division staff in sustaining the foundation's work.
Board members expressed appreciation for CHEF's work and for Cobb's leadership.
