Scarsdale Foundation Awards Scholarships and Calls for Community Support

The Scarsdale Foundation is pleased to announce that it has awarded $118,000 in scholarship monies for the 2016-2017 academic year. These need-based financial stipends, awarded annually to college students who have graduated from Scarsdale High School or were Scarsdale residents during their high school years, are intended to offset some of the college expenses of students who are going into their sophomore, junior and senior years.

In the face of spiraling tuition costs (more than $60,000 a year at many private schools, and often $40,000 a year at state schools), the Foundation expects no letup in the number of applications for assistance. "Scarsdale families are not immune to devastating setbacks in life," said Scarsdale Foundation President Emily Sherwood, "Many of our scholarship families have experienced job loss, economic downturns, divorce, crippling health issues, and death. These families need our help to send their children to college."

The Scarsdale High School PTA Scholarship Fund for College provides scholarships for its graduates who are entering their freshman year of college. But these same students – and others – require help for their remaining years of college. The Scarsdale Foundation steps in to provide that support.

The Foundation applauds the generosity of the local business community as well as grantors who stepped forward to offer financial assistance to the Foundation's general fund: Houlihan Lawrence; Scarsdale Concours d'Elegance; Scarsdale Rotary Club; United Way of Westchester and Putnam; Christie-Spencer Corp, and Scarsdale Improvement Corp.

In addition, many individuals and families provided earmarked support for the Foundation's scholarship fund, allowing the Foundation to offer $118,000 in scholarships to Scarsdale students entering their sophomore, junior, and senior years of college.

President Emily Sherwood stated, "The Scarsdale Foundation - dedicated to the betterment of the community in its broadest sense - is grateful for the opportunity to assist our needy families in town, thanks to the generosity of our local businesses, grantors, and individual donors."

The Foundation is embarking on its 2016-2017 fundraising campaign for this critically important scholarship initiative. Foundation trustees encourage Scarsdale families to make a tax-deductible donation for student scholarships or even a bequest directly to the Foundation, a 501(c)(3) organization. Checks may be sent to the Scarsdale Foundation, PO Box 542, Scarsdale, NY 10583, or credit card donations may be made via PayPal on the Foundation's website, www.scarsdalefoundation.org. Please address all questions to President Sherwood at sherwood06@gmail.com.

"Please join the Scarsdale Foundation in sending the message that Scarsdale cares about the education of all of our children!" said President Sherwood.