August 2007

Imagine America Foundation Announces $500,000 Gift from Hank & Suzanne Herzing

Washington, D.C. (August 29, 2007) – Career education changes lives. These are words heard by many people involved in the career college sector of education. For Hank and Suzanne Herzing, they’ve been words to live by. Their donation of $500,000 to the Imagine America Foundation is a show of commitment that will not only resonate throughout the sector; it will continue to resonate throughout the lives of career college students.

The donation will go toward supporting the 21st Century Workforce Fund. The goal of this nationwide initiative is to conduct research and establish programs to elevate the public’s understanding of the vital role of career colleges and their students.

“I am personally and professionally indebted to the Herzings for their unprecedented generosity,” said Robert L. Martin, president of the Imagine America Foundation. “This gift not only insures that our new program – 21st Century Workforce Fund – is off to a successful start, but also that the Imagine America Foundation’s long-term finances are solid. Thank you, Hank and Suzanne.”

Imagine America Foundation hopes to raise $3 million in pledges to underwrite important new research studies, and scholarship and training programs. The Herzings’ gift will help enable the Foundation to carry out a mission that is crucial to the future of the career college sector.

“Hopefully, this will serve as a catalyst for a really significant fund-raising activity based on a longer-range goal,” Hank Herzing said. “I want to build an endowment and not just operative funds. I’d like to see IAF given $400,000-$500,000 on a recurring basis to support its research initiative, which ultimately will help secure the career college sector’s respected placement within the larger realm of higher education.”

Imagine America Foundation Announces 2007 Imagine America Promise Recipients

Washington, D.C. (August 23, 2007) – A good education is one of the first steps to securing a dream. With the help of the Imagine America Foundation, students all over the country are starting to see their futures get a little brighter.

In August, 59 exceptional students received Imagine America Promise scholarships in the amounts of $1,000 each. The recipients are from 21 career colleges at 28 campus locations throughout the United States.

The Imagine America Promise Scholarship program works with corporate and private funding sources to secure additional aid for adult students attending career colleges throughout the United States and in Puerto Rico. To date, the Foundation has secured more than $300,000 in grants, which have supported more than 350 career college students. Imagine America Promise supporters include The Sallie Mae Fund, EMB Medical Services and the Bridgestone Firestone Trust Fund.

“Scholarships are a very important part of the Foundation,” said Robert L. Martin, president of the Imagine America Foundation. “It’s rewarding to be able to assist in molding tomorrow’s leaders by helping them finance their education today.”

Students receiving the scholarships are previous recipients of the Foundation’s Imagine America high school scholarship, who have maintained a minimum 3.5 grade point average and at least 95 percent attendance record. Recipients were nominated by a faculty member or representative of his or her college.

Contact: Bob Martin, Imagine America Foundation President
Phone: (202) 336-6758

Imagine America Foundation announces newly elected board members

Experience. Dedication. Leadership. These are qualities each of the newly elected members will bring to the Imagine America Foundation's board. These board members will be responsible for guiding the research-and scholarship-providing arm for the career college sector throughout the 2007-2008 year as it continues to make vital contributions to postsecondary education and its students.

Joseph Davis, president and CEO of MedTech College, LLC, will serve as the chairman of the board.

Michael Platt, founder and CEO of PlattForm, will serve as the vice chairman of the board.

Jim Gessner, president of Duluth Business University, will serve his second term as treasurer.

The following individuals will also be serving as board members:

Kathleen deLaski, president of The Sallie Mae Fund.

Dr. Ellis C. Gedney, vice chairman of the board of Ex'pression College for Digital Arts.

Robert L. Martin, president of Imagine America Foundation.

Harris N. Miller, president and CEO of Career College Association.

Craig Quigley, vice president of Communications & Public Affairs for Lockheed Martin Maritime Systems & Sensors (MS2).

Dennis Spisak, vice president of sales, national sales manager for the Career College division of McGraw-Hill Higher Education.

Martin said he is looking forward to the next year and the enthusiasm the board members will bring.

"The board members were selected because they are truly dedicated to the Imagine America Foundation’s mission," Martin said. "They are committed to the organization and deeply care about the students."

Contact: Bob Martin, Imagine America Foundation President
Phone: (202) 336-6758