He's not heavy, he's my Brother

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Rapper Papoose and Black business owners have their 4th Annual gift/clothing drive for the children of Bed-Stuy Brooklyn.

 

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ATLANTA (Dec 2020) --
Spelman College, with the help of the Coca-Cola Foundation, recently established a new scholarship in the name of one of the institution’s trustees, Helen Smith Price.


The Helen Smith Price, C’79, Endowed Finish Line Scholarship will provide financial assistance to help high achieving students successfully complete their experience at Spelman. Sophomores, juniors and seniors in good academic standing are eligible for the annual need-based scholarship.

Price recently retired after serving as the president of The Coca Cola Foundation. After earning her bachelor’s degree in chemistry from Spelman, she obtained a master’s degree in business administration from Clark Atlanta University.

 

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Walker’s Legacy, Howard University Launch Scholarship Fund For Women Entrepreneurs

From the lack of access to capital to the biases that exist in the realm of business, when stepping into entrepreneurship women of color are often faced with barriers. Walker’s Legacy—a company centered on leveling the playing field when it comes to business ownership—is on a mission to change the narrative by investing in the futures of HBCU students. The company recently teamed up with Howard University for the creation of a scholarship fund for aspiring women entrepreneurs.


The $25,000 fund—dubbed the Walker’s Legacy Scholarship for Enterprising Women—is a collaborative initiative being led by Walker’s Legacy and the Howard University School of Business. Over the span of five years, young women who are a part of the institution’s business program and are facing financial hardships will receive an award of $2,500, a mentorship opportunity with Howard University alumna and Walker’s Legacy creator Natalie Cofield and access to the company’s global network of multicultural women entrepreneurs. Yuvay Meyers Ferguson, Ph.D., who serves as assistant dean of impact and engagement at Howard University School of Business, believes the initiative will be instrumental in empowering the next generation of women leaders. “Championed by our very own graduate, CEO Natalie Cofield, this gift continues the legacy of empowerment that is proven to skyrocket the trajectory of Howard University’s School of Business students,” she said in a statement. “We are proud that our students will be able to further their entrepreneurial aspirations with the support of these grants as they become the business leaders of the future.”


Cofield says the sense of community that she experienced while attending Howard inspired her to pay it forward. “My time at the Howard University School of Business molded me into the woman that I am today. We look forward to supporting women from the nation’s most prestigious HBCU this school year and beyond,” she said in a statement.

 

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Scholarship Honors Long-Time Leader of Walton College Office of Diversity and Inclusion
Jan. 18, 2021



Barbara Lofton on the surprise Zoom call announcement of a scholarship established in her honor.

The Sam M. Walton College of Business at the University of Arkansas has established the Dr. Barbara A. Lofton Endowed Scholarship for Diversity, Equity, and Inclusion to honor the long-time leader of the college's effort to make sure all are welcome.

The endowed scholarship, announced Thursday, Jan. 14, by Matt Waller, dean of the Walton College and the Sam Walton Leadership Chair, honors Barbara A. Lofton, assistant dean for diversity and inclusion, whose 26 years of service to the college has made a lasting impact in the lives of innumerable students.


The scholarship is being endowed by a fund-raising push spearheaded by members of the Diversity and Inclusion Corporate Advisory Board, who set a target of $50,000 to honor Lofton's legacy.

Those gifts are being matched dollar for dollar by a generous donation by the Gerald Alley family up to $50,000.

"Dr. Lofton has been the mother on campus to two of my children as they studied and graduated from the U of A," said Gerald Alley, who graduated from the business college and the U of A in 1973. "She has helped students from all different backgrounds and underserved students in too many ways to name. She has proven that the value of one's life should be measured by how you impact others."

Gerald and Candace Alley, along with two of their children, Gina and Byron, were on the call. Gerald, Gina and Byron are all graduates of the Walton College.

"When I was in school, you were literally the biggest champion for black students on campus - no matter what college they were in," Gina Alley said. "You not only wanted us to excel. You cared"

 

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Phi Beta Sigma Fraternity, Inc., Alpha Lambda Chapter Alums Announce $112,500 Scholarship Endowment to Xavier University of Louisiana

New Orleans, LA – Today, eight Phi Beta Sigma Fraternity, Inc., Alpha Lambda Chapter Alumni Members signed an agreement with Xavier University of Louisiana to donate $112,500 to the university, establishing the Phi Beta Sigma Fraternity, Inc., Alpha Lambda Chapter Alumni Scholarship Endowment. This agreement comes after an initial donation of $25,000 towards the launch.

The inaugural endowment donors include Dr. Otis Gowdy, Jr. (XU ’95; PBS F’94)(Meridian, MS), Dr. Trevonne Thompson (XU ’97; PBS F’94)(Chicago, IL), Dr. Vincent Ekenga (XU ’12; PBS F’08)(New Orleans, LA), Mr. Ian Heisser (XU ‘95; PBS Spr ’91)(Seattle, WA), Dr. Elton J. Smith (XU ’97; PBS F’95)(Wilmington, Delaware), Dr. Anthony Montegut (XU ’97; PBS F’94)(Omaha, NE), Dr. Antwar Harrell (XU ’96; PBS F’94)(Houston, TX), and Donald R. Naylor, Jr., Esq. (XU ’97; PBS F’94)(Houston, TX).

The alumni members pledged the endowment in honor of the 80th Charter Anniversary of the Alpha Lambda Chapter, which was chartered on July 24, 1940.
The endowment was announced on Friday, January 8, 2021, in honor of the 107th Founding Anniversary of Phi Beta Sigma Fraternity, Inc. as part of their re-dedication to the high ideals of Brotherhood, Scholarship, and Service the fraternity has espoused since its founding on January 9, 1914.

This gift is the latest partnership initiative that will empower current and future Xavier students with access to the institution’s exceptional education. Xavier has a long history of producing more African American physicians than any other institution in the United States. The institution has also produced some of the nation’s top attorneys, military officers, artists and musicians, pharmacists, engineers, educators, and business leaders - many of whom are Phi Beta Sigma, Alpha Lambda Chapter Alums. The Inaugural Donors hope to prolong this history of excellence with this Endowment.

 

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Top-Ranked Minority-Owned Finance Firm Invests in Future of Historically Black Colleges and Universities

February 01, 2021

NEW YORK -- Siebert Williams Shank & Co LLC (SWS), the nation’s top-ranked minority- and woman-owned investment banking firm, is helping to establish the next generation of African American business leaders by donating $200,000 to support educational programs at Howard University and Spelman College, two of America’s preeminent Historically Black Colleges and Universities

President and CEO Suzanne Shank has been a board trustee of Spelman College for seven years and firm Chairman Christopher Williams and equity partner Gary Hall are both alumni of Howard, along with several employees at the firm. Mr. Hall is also the parent of a Howard sophomore.

The firm hopes to motivate other financial institutions who have not yet supported these institutions to do so.

Ranked among the top corporate and municipal finance firms, its founders included Muriel Siebert, the first women to own a seat on the New York Stock Exchange.

The donation also comes approximately one year following the merger of Siebert Cisneros Shank & Co. and The Williams Capital Group, creating the top minority- and women-owned investment bank in the U.S.

The gift to Spelman will establish an Innovation Lab fellowship program which will support students to learn and put into practice key elements of business strategy and entrepreneurship over a year-long program. The Innovation Lab will allow students to develop and sustain business models, participate in mentorship and internship programs, and develop a variety of business skills.

The gift to the Howard University School of Business will support its 50th anniversary strategic initiatives, a comprehensive plan that includes student retention programming, career placement opportunities, technology enhancement, curriculum development, and undergraduate scholarships.



“We are grateful for this generous gift from Trustee Shank’s firm to Spelman’s Innovation Lab, a space on campus that enables students to experiment with technology to realize their entrepreneurial and creative efforts,” said Mary Schmidt Campbell, Ph.D., president of Spelman.

“On behalf of the School of Business, I want to thank the Siebert Williams Shank Foundation for their support and partnership,” said Anthony Wilbon, Ph.D., dean of the Howard University School of Business. “The fact that there are two Howard University alumni at the helm of America's top-ranked woman and minority-owned investment bank speaks volumes about the value of a Howard University education. We are very grateful that both Mr. Gary Hall and Mr. Chris Williams have continued to support their alma mater, and there is no doubt in my mind that this contribution is a true testament to the Howard University tenets of truth and service. We could not be more grateful.

 

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[Sauce Dab]

 

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‘We Have A Powerful Community’: North Mpls. Barbershop Owner Starts Scholarship Program
January 20, 2021

MINNEAPOLIS (WCCO) — A Minneapolis father and business owner is making a difference, one scholarship at a time. Three years after launching the Wilson Image College Scholarship program, Teto Wilson is still making an impact on the city’s north side.

“My daughter is the reason why I decided to start this scholarship program,” Wilson said. “Watching how she applied for different scholarships – some that she received and some she did not – I just decided ‘What can I do to help make sure our scholars, inner city scholars, are able to get scholarships?”

The barber and owner of Wilson’s Image Barbers and Stylists decided to start his own scholarship program. Wilson paid out the first scholarships himself and the idea quickly gained interest from the community. Business owners, customers and north side residents wanted to get involved.

“Initially I planned on not doing any fundraising. I was just going to let it be just right out of my pocket, “ Wilson said. “Then it just started to grow organically.”

So far, the program has delivered 10 scholarships valued at $1,000 each. Recent recipients include Ayo Olagbaju, a 2020 graduate of Patrick Henry High School.

“Youth today, we’re the future of what the community will become,” Olagbaju said. “To have someone who sees who you are already and is willing to invest in that … that’s a great experience.”

Olagbaju is a freshman at Howard University in Washington, D.C. She is studying remotely because of the COVID-19 pandemic. Her mother, Shana Moses, is a longtime resident of the city’s north side and called the scholarship program meaningful.

“In the same streets that I walked, the same schools I attended, to see right within that same community, people are still pouring in … it just creates a warmth inside,” Moses said. “I hope that she holds it close, you know when things get tough – as life may do – that she still knows that there’s a village, that there’s a support network that is here and it extends beyond blood relations.”

The community support has also made a difference for Alaja Miller, a freshman at University of Minnesota – Mankato and Wilson Image College Scholarship recipient. The COVID-19 pandemic halted her plans to work and save money for college expenses.

“It’s made a huge difference because I actually had to pay most of my tuition out of my own pocket,” Miller said. “With contributions from my family and Teto I was actually able to pay in full my tuition without any financial aid or loans or anything like that.”

Wilson’s ultimate goal is to provide full-ride scholarships for participating scholars in future.

“I believe in the people and I believe they believe in me,” said Wilson. “I’ve been in business here in North Minneapolis for 13 years. We have a powerful community

 

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