The Ohio Foundation of Independent Colleges                      
250 E. Broad St., Suite 1700
Columbus, Ohio 43215-3722

For more information, please contact Cheryl Kight,
614-649-1950 ext. 111 or kight@ofic.org

June 21, 2010 - For immediate release

JPMORGAN CHASE & CO. MAKES $50,000 SCHOLARSHIP GIFT TO THE OHIO FOUNDATION OF INDEPENDENT COLLEGES

JPMorgan Chase & Co. has provided $50,000 to The Ohio Foundation of Independent Colleges (OFIC) Ohio Scholars Program in support of OFIC’s 2009-2010 campaign.

With a cumulative giving total of nearly $1.5 million, which includes several years of funding to support OFIC minority recruitment and retention programs, JPMorgan Chase & Co. has supported the mission of OFIC to provide access to independent higher education to Ohio’s students for 56 years.

OFIC operates The Ohio Scholars Program, one of the largest, most comprehensive and diverse scholarship management services in Ohio to assist corporations, foundations, organizations and individuals to provide scholarships for academically qualified but economically disadvantaged students.  OFIC identifies and selects students according to criteria established by the donor, then monitors student' progress to ensure that academic and financial aid eligibility is maintained.  Donors may request selection of their scholars based on criteria such as geographic region or home town, specific high school attended, academic major, ethnicity, grade point average or a combination of criteria.

OFIC, a non-profit 501 (c) (3) organization, is the primary corporate and foundation solicitation organization for 34 Ohio independent colleges and universities. OFIC member colleges collectively enroll 99,000 students.  For 60 years the Foundation has worked to highlight the leadership, value and excellence of independent higher education.  Through contributions raised in annual solicitations of businesses and foundations OFIC has provided unrestricted operating funds and scholarship assistance, thereby assuring continuation of excellence in independent higher education.  OFIC is governed by a Board of Trustees comprised of Ohio’s corporate leaders, as well as presidents of the 34 member colleges.

The member colleges are:  Ashland University, Baldwin-Wallace College, Bluffton University, Capital University, Cedarville University, University of Dayton, Defiance College, Denison University, The University of Findlay, Franciscan University of Steubenville, Franklin University, Heidelberg University, Hiram College, John Carroll University, Kenyon College, Lake Erie College, Lourdes College, Malone University, Marietta College, Mount Union College, Mount Vernon Nazarene University, Muskingum University, Notre Dame College, Oberlin College, Ohio Dominican University, Ohio Northern University, Ohio Wesleyan University, Otterbein University, Urbana University, Ursuline College, Walsh University, Wilmington College, Wittenberg University and The College of Wooster. 

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