The Michaels Organization Educational Foundation Announces Resident Scholarship Opportunities for the 2019/2020 Academic Year
MARLTON, N.J., February 5, 2019 (Newswire.com) - The Michaels Organization is pleased to announce that its educational foundation is now accepting applications for college scholarships from residents of its affordable and military housing communities.
The Michaels Organization Educational Foundation has committed to awarding at least $500,000 in college scholarship funds for the 2019/2020 academic year.
“Our mission is to go beyond the sticks and bricks of housing,” said Michaels’ Chief Executive Officer John J. O’Donnell. “We believe in investing in people, and there is no better investment we can make than in someone’s education.”
The Michaels Organization is a national leader in residential real estate and the largest privately held owner of affordable housing in the country. Since 1991, Michaels’ non-profit affiliate, The Michaels Organization Educational Foundation, has awarded $7 million in scholarships to residents of the housing communities that Michaels owns and manages.
The scholarship funds, which range from $1,000 to $10,000 per student, are paid directly to the educational institution and can be used toward higher education at any accredited college, university, or vocational training program in the country. Last year, The Michaels Organization Educational Foundation received a record number of applications and awarded $750,000 in scholarships grants to students across the country.
All foundation funds are raised through voluntary contributions by companies and private individuals throughout The Michaels Organization’s business network. All donations are then matched $2 for every $1 dollar by The Michaels Organization’s Founder and Chairman, Michael J. Levitt, and his wife Pat Levitt.
All applications from residents of Michaels military and affordable housing communities must be received by the educational foundation no later than April 12th, 2019. Awards will be announced in May 2019. Scholarship applications for residents of Michaels’ student living communities, which are administered separately, will be available in October.
The application is available from The Michaels Organization Educational Foundation website at www.MichaelsScholars.com. Completed applications should be mailed to: Dr. Bruce W. Johnson, The Michaels Organization Educational Foundation, 3 East Stow Road, Suite 100, P.O. Box 994, Marlton, New Jersey 08053-0994.
About The Michaels Organization Educational Foundation: A non-profit affiliate of The Michaels Organization, The Michaels Organization Educational Foundation administers educational scholarship programs open to residents of housing communities owned or managed by companies of The Michaels Organization. Now in its 29th year of awarding scholarships, The Michaels Organization Educational Foundation was the first of its kind in the affordable housing industry when it was established by Michael and Patricia Levitt in 1991. Since then, the scholarship program has expanded to include residents of Michaels' military and student living communities.
Source: The Michaels Organization
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