John and Marcia Watt with On Point for College

The Watts

John and Marcia Watt believe that a path to higher education should be accessible to anyone who has the desire and the will to continue their education. That is why they support On Point for College, a valuable resource for college-eligible young adults in the community.

John and Marcia Watt believe that a path to higher education should be accessible to anyone who has the desire and the will to continue their education. They believe that individuals who obtain a college degree are much less likely to live in poverty than those who have not, and wanted to make sure all have a chance at a better life.

That is why they support On Point for College, a valuable resource for college-eligible young adults in the community. The couple explained that many low-income youth in Syracuse and Utica feel college is out of reach due to economic, academic or other barriers. On Point makes their dreams seem possible by providing career and guidance counseling, mentorship, transportation, school supplies and financial aid consultation. This array of supports that are offered before, during and after college helps students get into college, stay there, and succeed afterwards.

When John completed his term as president of On Point’s board of directors, he and Marcia decided to seed an endowment fund with us that is designated to support On Point into perpetuity. They encouraged their friends and colleagues to also make contributions to the On Point for College Endowment Fund. The pair expressed that they are grateful to those who have contributed so far. Because the fund is flexible, they expect that the endowment will continue to grow thanks to future gifts from community members who want to support the organization through the generations.

John and Marcia say that making the choice to establish their fund with us was an easy one. They believed that a small organization such as On Point was likely to be most successful when it focuses on delivering the best programs and services possible.

“Generally speaking, administering a large endowment is not a core competency for an organization like On Point,” said John. “We wanted to ensure that there was continuity in the management of these financial assets and the Community Foundation was the ideal resource to provide that. Combining our fund with the Community Foundation’s endowment gives On Point the benefit of economies of scale and access to a deep asset management skill set.”

John and Marcia explained that they feel we excel at acting as a good and prudent steward of the charitable dollars of our donors.

“We want every donor who contributes to this fund to feel comfortable that many years from now their gift will still be helping students just as it was originally intended,” said John.

Related Stories

Pamela Monaco sitting with her dog
Stories November 21, 2022

Giving With Energy & Heart: Pamela Kip Reisman Monaco

It was an “a-ha” moment for Pamela Kip Reisman Monaco when she read another woman’s ...

Peter A. Dunn
Publications November 21, 2022

Point of View

Giving Voice Fall 2022: Point of View

Angela Winfield & Lance Lyons standing outside
Publications November 21, 2022

Forging Pathways for the Future: Angela Winfield & Lance Lyons

Giving Voice Fall 2022: Donor Story

Group of teens sitting at a table
Publications November 21, 2022

Adding New Flavor to Grantmaking with Participatory Budgeting

Giving Voice Fall 2022: Granting Matters

Blogs October 29, 2022

Reflections: Creating a Legacy of Equity

Jan Lane, senior philanthropic advisor, explains the ways that leaving a legacy can help you ...

new hires CNYCF
News Releases October 27, 2022

Community Foundation Announces New Hires

Over the past several months, the Community Foundation has added three new members to its ...

Stories October 11, 2022

Women’s Fund Founders Built Legacy for Community’s Daughters and Granddaughters

The Women’s Fund now has more than $1.2 million in total assets and has awarded ...

Pamela Monaco sitting with her dog
Stories November 21, 2022

Giving With Energy & Heart: Pamela Kip Reisman Monaco

It was an “a-ha” moment for Pamela Kip Reisman Monaco when she read another woman’s ...

Peter A. Dunn
Publications November 21, 2022

Point of View

Giving Voice Fall 2022: Point of View

Angela Winfield & Lance Lyons standing outside
Publications November 21, 2022

Forging Pathways for the Future: Angela Winfield & Lance Lyons

Giving Voice Fall 2022: Donor Story

Group of teens sitting at a table
Publications November 21, 2022

Adding New Flavor to Grantmaking with Participatory Budgeting

Giving Voice Fall 2022: Granting Matters

Blogs October 29, 2022

Reflections: Creating a Legacy of Equity

Jan Lane, senior philanthropic advisor, explains the ways that leaving a legacy can help you ...

new hires CNYCF
News Releases October 27, 2022

Community Foundation Announces New Hires

Over the past several months, the Community Foundation has added three new members to its ...

Stories October 11, 2022

Women’s Fund Founders Built Legacy for Community’s Daughters and Granddaughters

The Women’s Fund now has more than $1.2 million in total assets and has awarded ...

View More