Alfred Harcourt Foundation Becomes Harcourt Jovanovich FoundationHarcourt Jovanovich Foundation. This change recognizes the significant contributions of William and Peter Jovanovich. Back in 1962 William Jovanovich, a publishing legend, helped Ellen Knowles Harcourt, widow and philanthropist, conceptualize and create a foundation that would help first-generation college students graduate in four years and expand their horizons along the way. Peter Jovanovich, who over his long career as an educational and academic publisher, ran the three largest educational publishing companies in the world, was the foundation's longest serving board member. He died in 2024. For more than 60 years the foundation has quietly advanced the lives of thousands of students. At its core, the foundation seeks to remove financial barriers for students with clear financial need, ambition, and what Ellen Harcourt called "a spark." "Financial circumstances should not limit a young person's ability to earn an undergraduate degree," said Robin Jovanovich, who has been president of the foundation since 2017. "We work closely with our partner institutions to ensure that our scholars receive all of the non-financial resources they need to stay in school, and on track to graduate in four years." Jovanovich added, "We look at our scholars as individuals; continue to increase, the foundation increases its support, whether in the form of summer classes to bring up GPAs or study-abroad programs to enrich their cultural understanding." The Harcourt Foundation's graduation rate in four years continues to be above 90 percent; the national average, according to the U.S. Department of Education's National Center for Education Statistics, is 49 percent. "We aren't just choosing smart kids," said Daryl Fox, chairman of the foundation board. "We intentionally ask our partner schools to select students with financial need, average grades, and test scores, but with oversized potential. There is no shortcut to getting a college degree for our scholars. It requires commitment and hard work on their part, and a lot of monitoring and oversight on ours." Fox added, "Learning has always been hard; we believe it should also be stimulating and life- changing. We're here to make sure these goals are reached." The foundation's current partner schools are The City College of New York, The College of New Jersey, Baruch College, and College of Staten Island, Teacher Honors Academy. This fall, in addition to supporting 80 undergraduate students, the foundation will begin offering graduate school assistance to seniors who have demonstrated scholarship, leadership, and drive. https://www.harcourt- End
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