February 2, 2011
Hispanic Scholarship Fund and UNCF Will Benefit from $125,000 Donation
DALLAS (Feb. 2, 2011) – As part of a special initiative to benefit area college students while celebrating the biggest football weekend of the year, the Anheuser-Busch Foundation is donating $125,000 to help fund 46 college scholarships throughout Texas and an educational training program for parents.
Anheuser-Busch and its foundation continue their longtime support of education in the Latino and African-American communities by presenting $75,000 to the Hispanic Scholarship Fund (with $25,000 of this allocated to Parents Step Ahead) and $50,000 to UNCF (United Negro College Fund).
Representatives of the organizations, joined by prior scholarship winners from UNCF and HSF, received the donation on the opening night (Wednesday, Feb. 2) of what will be five days of activities at the Bud Light Hotel, 1033 Young Street in downtown Dallas.
This is the latest in Anheuser-Busch’s longtime support of the HSF and UNCF. The company has supported both organizations for more than 25 years.
“The HSF and UNCF deliver support to students who need it the most – students who otherwise could not realize their dream of a college education,” said Margarita Flores, vice president of community affairs at Anheuser-Busch and a member of the board of directors for HSF. “During the past three decades, tens of thousands of students have received an education because of Anheuser-Busch’s support of these great organizations.”
Parents Step Ahead is a Dallas non-profit with the mission of increasing parental involvement in the education of their children. The group will partner with the HSF to create a program in the Dallas area to help guide parents through the college preparation and financial aid process.
“Anheuser-Busch has partnered with the Hispanic Scholarship Fund for the last three decades, and their great support has helped more than 20,000 students earn a college degree,” said Frank Alvarez, president and CEO of the HSF. “We look forward to partnering with Parents Step Ahead to help parents in the Dallas area with college planning for their children.”
Anheuser-Busch has been the largest corporate contributor in fundraising efforts for HSF, with the company and its 600 wholesalers nationwide contributing more than $24 million since 1982.
Investing in education has been at the core of Anheuser-Busch’s giving philosophy for many years and the company was a founding sponsor of UNCF’s Lou Rawls Parade of Stars® telethon, now known as UNCF An Evening of Stars®, an annual two-hour entertainment special seen by millions of people. The program first aired in 1979 when Lou Rawls was a spokesperson for Anheuser-Busch and a champion for UNCF. During its first two decades, the annual star-studded showcase is credited with helping raise nearly $200 million to support UNCF students at historically black colleges and universities (HBCUs).
“For many years Anheuser-Busch has supported UNCF’s mission to help students of color get the college education they need and the nation needs them to have, and to nurture a whole new generation of good neighbors and civic leaders,” said UNCF president and CEO Michael L. Lomax, Ph.D. “Anheuser-Busch’s commitment to education has helped all of us live up to the ideal expressed in UNCF’s motto, ‘A mind is a terrible thing to waste®’.”
The Anheuser-Busch Foundation contributed $250,000 to UNCF for educational scholarships in 2010.
Based in St. Louis, Anheuser-Busch is the leading American brewer, holding a 48.9 percent share of U.S. beer sales to retailers. The company brews the world’s largest-selling beers, Budweiser and Bud Light. Anheuser-Busch also owns a 50 percent share in Grupo Modelo, Mexico’s leading brewer. Anheuser-Busch is a major manufacturer of aluminum cans and has been a leading aluminum recycler for more than 30 years. The company is a wholly-owned subsidiary of Anheuser-Busch InBev, the leading global brewer, and continues to operate under the Anheuser-Busch name and logo. For more information, visit www.anheuser-busch.com.
UNCF – the United Negro College Fund – is the nation’s largest and most effective minority education organization. To serve youth, the community and the nation, UNCF supports students’ education and development through scholarships and other programs, strengthens its 39 member colleges and universities, and advocates for the importance of minority education. UNCF institutions and other historically black colleges and universities are highly effective, awarding 21 percent of African American baccalaureate degrees. UNCF administers more than 400 programs, including scholarship, internship and fellowship, mentoring, summer enrichment, and curriculum and faculty development programs. Today, UNCF supports more than 60,000 students at over 900 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized motto, “A mind is a terrible thing to waste®.”
Founded in 1975, the Hispanic Scholarship Fund believes that the country prospers when all Americans have access to the opportunities a college education can afford. As the nation’s leading Hispanic higher education fund, HSF works to address the barriers that keep many Latinos from earning a college degree. HSF has awarded over $300 million in scholarships over the past 35 years and has supported a broad range of outreach and education programs to help students and their families navigate collegiate life, from gaining admission and securing financial aid to finding employment after graduation. HSF envisions a future where every Latino household will have at least one college graduate, creating an enduring impact on the college outlook of Latino families nationwide, and strengthening the American economy for generations to come. For more information about the Hispanic Scholarship Fund please visit www.HSF.net.
About Parents Step Ahead
Parents Step Ahead was created to “recognize, educate, enable, and empower parents to take a proactive role in the educational and personal development of their children.” Parents Step Ahead works in partnership with Dallas/Ft. Worth area school districts, corporations and community organizations to offer series of school-based events for disadvantaged and minority parents throughout the calendar year. For more information, visit www.parentsstepahead.org.
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