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HomeMy WebLinkAboutC36070 - Establish Scholarship - John J. Benoit CONTRACT NO. C36070 CITY OF PALM DESERT SPECIAL PROGRAMS DEPARTMENT STAFF REPORT REQUEST: APPROVE ESTABLISHMENT OF A SCHOLARSHIP IN THE NAME OF FORMER SUPERVISOR JOHN BENOIT SUBMITTED BY: Frankie Riddle, Director of Special Programs APPLICANT: N/A DATE: April 27, 2017 CONTENTS: None Recommendation By Minute Motion: 1. Authorize the City Manager to work with Coachella Valley Workforce Excellence, Inc. to establish the John Benoit Scholarship Fund and Program Development; 2. Approve establishment of a scholarship in the name of former Supervisor John Benoit in the amount of$2,500 through Coachella Valley Workforce Excellence; 3. Approve the 10 percent ($250) operating fee to Coachella Valley Workforce Excellence, Inc.; 4. Authorize the City Manager to execute agreement(s) and expenditure of funds relative to scholarship; and 5. Authorize expenditure in the total amount of $2,750 from Account No. 1104110- 4388000. Strategic Plan Objective Approval of John Benoit Scholarship does not tie into identified goals within the Strategic Plan. Discussion The City Council requested that staff research opportunities to honor Supervisor Benoit's memory through an ongoing scholarship fund that would carry his name. Staff made contact with the Coachella Valley Economic Partnership to determine if there were scholarship opportunities and, if so, what the process would be to implement. Staff discussed opportunities with Sheila Thornton, President/CEO of Coachella Valley Workforce Excellence, Inc. (the new entity that separated from CVEP as of March 2017 to specifically work with scholarships and fundraising for the College and Career Success Program) and Ernie Rios, Vice President of College Success. Coachella STAFF REPORT BENOIT SCHOLARSHIP APRIL 27, 2017 PAGE 2 Valley Workforce Excellence (CVWE) collaborates with major education agencies, colleges, and other agencies as partners to generate funding for scholarships to promote the College and Career Success Program. Based on the information obtained, the suggested scholarship opportunity is outlined below: One Future Coachella Valley— Pathways to Success 50/50 Match Program: a. Academic and Scholarship Committee reviews applications and works with students. To date 1,575 — 1,600 students have been awarded scholarships b. Approximately 1,100 applications are received yearly c. There is a 50/50 match with partner agencies d. Lowest scholarship is $2,500 with 50/50 match of$1,250 (lowest contribution match); however, students attending a university may receive a $5,000 scholarship e. Maximum scholarship award in the amount of$10,000; however, distribution is $5,000 per year for two years f. Students must attend an accredited college or university g. Program benefits low income students, as well as those with a financial need h. Student need based on Free Application for Federal Student Aid (FAFSA) assessment i. Student participation is required through the following: i. Scholarship only available to full time freshman and sophomore students with GPA of 2.0 or greater, and junior and senior students with GPA of 2.5 or greater ii. Students must be able to show that financial need iii. Expected family contribution of$10,000 or less to be eligible - based on FAFSA Expected Family Contribution iv. Student has to attend Leadership Conference v. Student must create a Plan for finance, academic, and professional goals vi. Student must check in with CVEP j. City can assist in selecting student to receive scholarship k. CVEP works with schools to confirm that student has met the scholarship requirement, disperses funds, and provides on-going monitoring I. CVEP tracks, monitors, distributes, and is accountable for funds and program oversight m. CVWE assesses a 10% operation fee for management of contribution STAFF REPORT BENOIT SCHOLARSHIP APRIL 27, 2017 PAGE 3 Fiscal Analysis During the FY 2016/2017 mid-year budget process, an adjustment was made to provide funding for the eventual John Benoit Scholarship Fund. Therefore, funds are available in the current budget, Account No. 1 1 041 1 0-4388000. Submitted By: Approved: Frankie ' dle Lauri Aylaian Director of Special Programs City Manager Approval: J Moore Director of Finance