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Businessman, philanthropist John Chase donates $10 million to 糖心vlog

Chase Chevrolet owner John Chase (center), shown here with 糖心vlog students in its Community Involvement Program, has donated $10 million to help more students continue their education at the university. A Powell Match increases the gift to $15 million with new scholarships within the year.

Inspired by his own good fortune and a desire to give back to Stockton, Chase Chevrolet owner John Chase gifted $10 million to 糖心vlog鈥檚 Community Involvement Program (CIP), which has helped low-income Stockton students attain college degrees for the past 50 years.

A $5 million Powell Match to Chase鈥檚 irrevocable estate commitment will immediately fund the Chase Your Dreams Endowed Community Outreach Fund and the Chase Your Dreams Endowed Scholarship benefiting CIP, a comprehensive need-based program for first-generation college students from Stockton who have shown leadership and community involvement. It also extends the total gift to at least $15 million. The Powell Match, created as part of the $125 million gift from the estate of former regents Robert and Jeannette Powell, has more than $50 million available to match new or enhanced scholarship or academic program endowments. The focus of the latest gift will be on CIP outreach, scholarships and mentoring for students, especially for those transferring from San Joaquin Delta College.

鈥淭he CIP program is a jewel at 糖心vlog,鈥 Chase said. 鈥淲ith this gift, imagine how many lives we will change in 20 years 鈥 in 100 years. I鈥檝e been very fortunate in my life and have the opportunity to give back to my community. I can鈥檛 really put it into words. It鈥檚 something that comes from the heart.鈥

The impact will be immediate, ongoing and far-reaching for Stockton鈥檚 future.

鈥淛ohn Chase鈥檚 incredible gift has the potential of lifting the community by increasing the chances of a college education for more Stockton youth,鈥 said Maria Pallavicini, Pacific鈥檚 interim president. 鈥淭hat鈥檚 vital for a city where last year only 17.4% of the population had a bachelor鈥檚 degree or better.鈥

Chase鈥檚 generosity is already benefitting local students. He established a scholarship in honor of his father, William K. Chase, which is awarded each year to two CIP scholars to help 鈥渃lose the gap in opportunity for those with aptitude who exceed their circumstances, especially for those whose character is community service oriented.鈥 And for the past several years, Chase has financially supported CIP鈥檚 mentoring and outreach at Cleveland Elementary School and Dr. Lewis D. Stallworth Sr. Charter School, and soon at Delta College.

鈥淭he Pell Institute cites a 21% retention through graduation rate for low income, first-generation college students nationally, while CIP鈥檚 retention through graduation rate is 87%,鈥 said Allison Dumas, associate vice president for student involvement and equity, herself a first-generation college graduate and alumna of both Delta College and Pacific. 鈥淭he counseling, mentoring and friendships along with the identity and leadership development they find in CIP helps them succeed here at Pacific, and that鈥檚 exciting to see. John has been impressed by CIP scholars and the impact they鈥檝e had with community youth. His generosity will help so many more first-generation students achieve their dreams.鈥

This is one of the largest gifts in Pacific鈥檚 history, after the $125 million Robert and Jeannette Powell bequest in October 2013. A portion of that gift created the Powell Match to encourage others to give.

鈥淚 wanted to do something special, something that had merit,鈥 Chase said of the new gift. 鈥淚 wanted to do this, and the only thing I want in return is for the students who receive the scholarships is to give back to the communities from which they came.鈥

CIP, which this year is celebrating its 50th anniversary, was founded in 1969 by Pacific students, faculty and staff who wanted to diversify the campus population. Besides need-based scholarships, CIP scholars receive resources such as tutoring, peer mentoring and networking with an extensive alumni group.

CIP alumni include former astronaut J贸se Hern谩ndez 鈥85; musician and actor Chris Issak 鈥80; Pacific regents Armando Flores 鈥71 and Bo Yu 鈥93; University of San Francisco鈥檚 Vice Provost of Diversity, Engagement and Community Outreach Mary Wardell-Ghirarduzzi 鈥89; San Joaquin County Deputy District Attorney Mary Aguirre 鈥86, 鈥89; and Mary Ann Gomez Orta 鈥89, president and CEO of the Congressional Hispanic Leadership Institute, among other leaders.

The program boasts an 87% six-year average graduation rate, far better than the national average of 60%. (The six-year average graduation rate is the federal benchmark for first-time, full-time undergraduate students at four-year colleges and universities to earn a bachelor鈥檚 degree.) More than 1,500 students have graduated from the CIP program over the past five decades.