AT&T Donates $100,000 to Scholarship Fund
March 4, 2008
by Paulina Mis
The Prosperity Scholarship Fund, a foundation providing Florida scholarships for low-income students residing in the Jacksonville area, received its biggest donation when AT&T announced its $100,000 contribution. According to an AT&T press release, the company was responsible for granting a total of $4 million to Florida philanthropy organizations in 2007 alone, and it was ranked among the top corporate philanthropy foundations by Forbes.
AT&T's contribution to the Prosperity Scholarships Fund matches that collected by all other contributors combined during the foundation’s inception in 2006. The new scholarship money will go towards an endowment to be supplemented by the state, individuals and additional corporations. During the 2008-2009 school year, more than 200 students who attend Florida Community College at Jacksonville, the University of North Florida, Jacksonville University and Edward Waters College will be able to use the endowment money to afford a college education. Students who win can receive up to $1,000 per year, to be renewed annually.
Those who graduate from Duval County high school and those who are customers of JEA--the Jacksonville energy, water and sewer system company responsible for administering the fund--may begin applying in May. For additional information about financial aid, scholarship funds and corporate scholarships, students may conduct a free college scholarship search.