Monday, July 23, 2012

Sierra College program gets $1M endowment - Denver Business Journal:

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The college’s program, also known as OLLI, received the $1 milliom endowment from the Bernard Osher which is the organization that has provide d initial funding to OLLI programs at 122 college anduniversities nationwide. Sierra College is the only communityh college in California and one of only three community colleges in the nation to receive the $1 million endowment. The Rocklin college received the endowmenft because it has been so successful with growing enrollment sinc e launching the program in springhof 2001. Sierra College has growjn the programto 5,580 enrollees last year, from 1,038 in 2001. Sierrwa College is scheduled to formallyy announce the endowmentJune 18.
This $1 millioh endowment will provide an ongoing budget that will enablde the college to offer lifelong learning programs in The foundation created by San Francisco philanthropist Bernard Osher gives OLLIprogramss $100,000 a year for up to four and then a $1 million endowment once they demonstrater potential for success and sustainability. OLLI programse provide classes, lectures and events to older adultsa who have a thirst for knowledge and The classes are designed for adults age 55 and but the Sierra program accepts anyadultg student.
Courses are offered at each of the Sierrs College campuses and at various communituy sites throughout Placer and Nevada Sierra College’s OLLI noncredit offerings are Additional topics are offered througg Club OLLI, where annual membership fees are $35. As the Businessz Journal reported in a featurse on local OLLI programsin 2007, other OLLI programsx can be found at California Stat e University Sacramento and at the UC Davis Extension. Much of the increasecd demand for OLLIs and similar lifelongg learning programs can be attributed to the growingf ranks ofolder Americans.

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