Mr. William C. Cramer, Jr. Establishes $300,000
Scholarship Preservation Fund at Gulf Coast State College
Panama City, FL – Gulf Coast State College (GCSC) announces a $300,000 gift from Mr. William C. Cramer, Jr. to establish the William C. Cramer, Jr. Scholarship Preservation Fund, ensuring continued support for hundreds of GCSC students.
The contribution was made following a recent review of scholarship award allocations for the upcoming academic year, during which the recommended scholarship payout exceeded the Foundation’s endowment distribution policy. While the increased awards reflected the College’s commitment to expanding student access and opportunity, the overage required additional funding to maintain long-term endowment sustainability.
“Mr. Cramer’s generosity ensures that our scholarship program remains strong and sustainable,” said Ashlin Glatthar, Executive Director of the Gulf Coast State College Foundation. “His commitment allows us to uphold our stewardship policies while continuing to make meaningful investments in the lives of our students.”
Mr. Cramer’s $300,000 gift fully offsets the projected overage and preserves funding for 784 scholarship opportunities.
“A scholarship forever changed my father’s life. I’ve had the privilege of serving nearly forty years as a member of the Gulf Coast State College Foundation, watching it do the same for thousands of students,” Shared Mr. Cramer. “This gift supports general scholarship funding for the coming year so that every eligible student continues to receive the support they need.”
Gulf Coast State College extends its sincere appreciation to Mr. Cramer for his leadership and dedication to student success.
About the Gulf Coast State College Foundation
The Gulf Coast State College Foundation is dedicated to transforming lives through education by providing scholarships, program enhancements, and direct student support. Through the generosity of community partners and donors, the Foundation helps remove financial barriers and empower students to achieve their academic and professional dreams. To learn more, apply for scholarships, or make a gift, visit www.gcscfoundation.org.
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For more information, please contact Dayna Headrick, Communications Manager:
[email protected] or (850) 872-3815