CMC Foundation receives $1.5 million challenge gift
Carbondale resident Paul Bushong has pledged $1.5 million as a challenge match and is inviting other donors to join him in supporting academic improvements at Colorado Mountain College’s Spring Valley campus.
“The Promise of Spring Valley” is a $5 million capital campaign launched in 2018. The plan includes the eventual addition of a new 4,000-square-foot nursing education facility and renovation of the student center.
In August 2019, the campus opened the new J. Robert Young Alpine Ascent Center, a 16,000-square-foot student services hub, named after Alpine Bank founder Bob Young for his generous support of CMC.
Later that year, the Spring Valley campus also opened the Outdoor Leadership Center and Field House, another addition made possible by the campaign.
‘Local support is important’
A resident of the Roaring Fork Valley since 1999, Bushong’s interest in education and CMC began in 2018 with the establishment of the Fast Forward Scholarship through the CMC Foundation, the nonprofit arm of CMC.
The Fast Forward Scholarship supports “those students who’ve fallen through the cracks,” Bushong explained in the release.
Award criteria for the scholarship is based on need, rather than academic performance, and targets local high school graduates as well as nontraditional students pursuing technical certificates and direct-to-work degrees such as nursing, veterinary technician and paralegal. To date, the Fast Forward Scholarship at CMC has awarded 29 students with over $100,000, according to the release.
“Local support is important to me,” Bushong said. “I want to support students so they can earn a degree or certificate and stay in the community and participate in their local economy.”
When Bushong learned about the need to help fund a new nursing simulation lab and finish the renovations for Spring Valley’s student center, he was eager to jump-start the campaign.
“Everybody has places to put their money, but CMC is a special place,” he said. “Their cost of tuition is a real bargain, and I continue to be surprised and impressed with the job they do.”
Lab for nursing students
The nursing simulation lab proposed for the Spring Valley campus involves a planned six-bed training and education facility with four high-fidelity simulation rooms and two practice simulation rooms. A 3,000-square-foot nursing simulation lab at the college’s Steamboat Springs campus is nearing completion, and an additional lab is planned for CMC Breckenridge by 2023.
The investment in simulation laboratories allows students to complete 50% of clinical hours via simulation at CMC campuses, according to the release. This will enable the nursing program to offer the highest quality educational experience in the most efficient manner, it states.
“We are tremendously honored to have Mr. Bushong offer to match gifts up to $1.5 million with his generous pledge in support of the Spring Valley campaign,” said Kristin Heath Colon, CMC Foundation CEO. “He continues to champion the value and quality of CMC and with his gift, hopes others will join him in supporting our local gem of a college and the future workforce for our communities.”
CMC’s nursing simulation lab campaign is also a state-approved Enterprise Zone Program project, qualifying eligible donors with a potential additional income tax credit of up to 25%.
For more information about donating, contact the CMC Foundation at 970-947-8378 or visit ColoradoMtn.edu/promise.
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Prospective candidates are being sought for two open Carbondale/Basalt-area Roaring Fork Schools Board of Education seats that will be up for election Nov. 2 for four-year terms.