The cost of a college education has increased dramatically. Since 1990, the tuition at Cal Berkeley has increased from $1,820 to $12,000, almost 3.5 times the rate of inflation and over 2.5 times the income in median California family incomes. The total cost of in state tuition, room and board is now $30,000. Nationally, the average student leaves school $26,000 in debt.

The Coliseum Foundation’s goal is to continue to seek high quality students who have already made an impact in their schools and communities and are most likely to be positive impact players in society for the rest of their lives.

Each year, $220,000 is needed to pay the scholarships for forty-four students. All current scholarships are for $5,000 per year for four years.

Donations of any amount are welcomed. The benefits are several. They range from the satisfaction that one has enabled some bright mind to fulfill its destiny through higher education which may not otherwise have been available, to the tax advantages that may be available to the contributor. The tax aspects of a gift to a 501 (c)(3) non-profit tax-exempt organization such as the Coliseum Foundation cannot be overlooked.

There are currently three areas to which to donate: 1) General scholarship donations, (2) become a Coliseum Colleague, and (3), endow a named scholarship. All three programs are administered by the Coliseum Foundation. Approximately ninety percent of income from general scholarship donations and investments has been applied for scholarships paid to the students.