The Austin Community College Foundation is a 501(c)(3) non-profit corporation established in 1991 to support ACC. It is led by a volunteer board of business and community leaders who raise private funds in the community to allow for the growth of college initiatives. Over $18 million has been raised by the Foundation providing student scholarships, emergency funds, and program support to ACC. The Foundation’s permanent endowment stands at $7.57 million. In the last two years, the Foundation has awarded $1.8 million in scholarships to ACC students.