Scholarship Helps Families in the Battered Financial Services Industry
Gordon A. Rich Memorial Foundation Expands Scholarship Criteria
NEW YORK (Business Wire EON/PRWEB ) December 17, 2008 --
Each year, the Gordon A. Rich Memorial Foundation (www.gordonrich.org)
awards college scholarships worth $50,000 over four years to five
students whose parents or guardians work in the financial services
industry. Because of the magnitude of lost financial jobs, the
Foundation has recently expanded its criteria to encompass students
whose parents or guardians have, or had, a career in finance.
“Many families in the financial services industry have fallen into
economic hardship because a parent is now unemployed,” said MaryAnn
Rich, the widow of Gordon A. Rich, in whose memory the scholarship was
created and a director of the Foundation. “We wanted to make sure those
families weren’t excluded from the scholarship so we broadened our
criteria to include families who had worked in the industry, as well.”
The Gordon A. Rich Memorial Foundation is now accepting applications
from high school seniors for grants beginning in the 2009-2010 academic
year. The need-based scholarship supports the higher education goals of
five students each year who are awarded $12,500/year for four years.
Scholars must demonstrate high academic achievement, integrity of
character, potential leadership and financial need. The application
deadline is Saturday, February 28, 2009.
About The Gordon A. Rich Memorial Foundation
The Gordon A. Rich Memorial Foundation was created to honor the memory
of Gordon A. Rich, a man of extraordinary talent, energy and persistence
with a passion for life. Gordon was extremely bright, hard working, a
superb athlete, an accomplished pianist, a master chef and wine
connoisseur, an advisor to corporations and their leaders and a loving
father and husband. His effusive personality combined with a genuine
interest in the well being of others yielded him a plethora of friends
from all walks of life. For more information, please visit www.gordonrich.org.
See the original story at: http://eon.businesswire.com/releases/rich_memorial/memorial_foundation/prweb1766054.htm
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