Dr. Prem Reddy and Dr. Venkamma Reddy Recognized as 2017 Bernard Osher Philanthropists of the Year
Posted on Nov 21, 2017
The Network of California Community College Foundations recognizes the
Reddys’ long-standing philanthropic support at annual community
college convention
San Jose, CA -November 17, 2017- Dr. Prem Reddy and his wife Dr. Venkamma
Reddy have been named the 2017 Bernard Osher Philanthropists of the Year,
recognizing their support of Victor Valley College (VVC) and other Southern
California Community Colleges. The pair were honored in a ceremony during
the Community College League of California’s Annual Conference,
held November 17 at the San Jose Fairmont.
The Bernard Osher Philanthropist of the Year award recognizes distinguished
contributions to California Community Colleges and is selected by the
Network of California Community College Foundations (Network), an association
of professionals dedicated to philanthropy. The Reddy’s most recent
gift of $2.4 million created the ‘Sixteen for Success’ program,
which supports 64 students in the VVC Nursing program, covering tuition,
textbooks, uniforms, and testing fees for the duration of their studies.
Upon successful completion of the VVC Nursing program, these students
are guaranteed employment for three years at Desert Valley Hospital, located
nearby in Victorville.
Additionally, the Reddy’s have gifted $2 million to build a new Health
& Science building at VVC, gave the inaugural $1 million to establish
the Dr. Prem Reddy School of Health Sciences which also addressed nursing
program waitlists, and give nearly $100,000 annually for academic scholarships.
“Drs. Prem and Venkamma Reddy understand the value and importance
of an education,” said Dr. Roger Wagner, superintendent/president
at Victor Valley College. “Their kindness and generosity over the
years has allowed our college to better serve and support our students
as well as help them achieve their academic and career dreams. We are
humbly grateful for their gifts to our institution.”
The Reddy’s have generously donated millions of dollars to California
Community Colleges to train the next generation of healthcare professionals.
Since 1998, the Dr. Prem Reddy Family Foundation and Prime Healthcare
Foundation (the nonprofit arm of the hospital system founded by Dr. Prem
Reddy) have donated approximately $85 million, including $50 million towards
the founding of a new medical school in San Bernardino County. Other organizations
and gifts include high school and college student scholarships, numerous
university and community college programs and foundations, community
healthcare organizations, and other vital health and education associations
and centers. Thousands of lives have been transformed because of the Reddy legacy.
“Students at community college often face challenges unseen in other
education systems. Philanthropy is vital to filling the gaps in student
need and program development,” stated Robert Schwartz, president
of the Network. “The Reddy’s have set a very generous example
and the Network is pleased to recognize them for the value they place
on education and healthcare.”
The Bernard Osher Philanthropist of the Year Award is awarded by the Network
of California Community College Foundations and is named after Mr. Bernard
Osher for his history-making commitment to Community College students
in 2008. The Bernard Osher Foundation pledged an unprecedented lead gift
of $25 million and committed additional match dollars which ultimately
resulted in the establishment a $76 million statewide scholarship endowment.
The award is presented to an individual, corporation, or nonprofit organization
that demonstrates a commitment to philanthropy and serves as a role model
to encourage philanthropy for California Community Colleges.
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The Network of California Community College Foundations is a professional association of executive directors and advancement professionals
working to advance the missions of the California Community Colleges.
For over three decades, the Network has provided networking and educational
opportunities to its members. The Network led by a voluntary board of
directors and housed at the Foundation for California Community Colleges.
To learn more, please visit
www.ncccfweb.org.
The Foundation for California Community Colleges is the official non-profit supporting the California Community Colleges’
Board of Governors and Chancellor’s Office. The Foundation’s
mission is to benefit, support, and enhance the missions of the California
Community College system, the largest higher education system in the nation.
Incorporated in 1998, the Foundation works with Community Colleges and
partner organizations to manage donations, grants, programs, and services
that drive excellence in education while saving millions of dollars for
colleges each year. The Foundation is a 501(c)(3) tax-exempt non-profit
corporation and receives no direct state or public support. For more information, visit
www.foundationccc.org.
The Victor Valley College Foundation is a charitable organization that makes friends and raises funds providing
resources to help Victor Valley College better serve its students and
community. Visit
www.vvcfoundation.com or find us on Facebook to join the growing number of people and organizations
who contribute to support our mission.