Friday, May 21, 2004

The Hispanic Scholarship Fund

Learn more about this great non-profit organization:

Established in 1975, the agency has awarded more than 61,000 scholarships totaling more than $115 million. During the 2002-2003 academic year, the organization awarded more than $26 million in scholarships to more than 7,500 Hispanic students in the United States, Puerto Rico and the U.S. Virgin Islands. Last year, the fund had expenditures of $36.5 million, ranking it fifth on the Hispanic Business annual listing of top nonprofits.

Since the late 1990s, the agency's annual scholarship amount has increased every year, thanks largely to a $50 million grant from Lilly Endowment Inc., and to the agency's participation in the $1 billion Gates Millennium Scholarship Program. With a goal of doubling the percentage of Hispanics completing at least four years of college - from 9.3 percent in 1996 to 18 percent by 2010 – the Hispanic Scholarship Fund has mounted a multi-pronged campaign funded almost entirely by foundation grants.


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10/12/2005 1:17 AM  

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