The Karsh Family Foundation Supports New Scholarships to Help KIPP Students Succeed at Spelman College
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Posted By: Kennedy Williams on August 03, 2021 With the support of the Karsh Family Foundation, students from KIPP, a nationwide network of open enrollment, college-preparatory public charter schools, will have a direct pipeline to Spelman College. Developed to increase the number of first-generation college students who graduate from Spelman with minimal loan debt, The Karsh KIPP II Scholarship Endowed Fund, will provide $4 million to support endowed and current scholarship initiatives. “As a partner institution and collaborators with the KIPP College Partnership Program, Spelman is committed to identifying strategies that help close the access gap for high performing, high need students,” said Mary Schmidt Campbell, Ph.D., president of Spelman, the No.1 HBCU in the nation. “We are grateful to the Karsh family for their continued support, which has been critical to delivering the Spelman promise of preparing students for life and career by ensuring that deserving students are supported in college and graduate with a competitive edge.” The Karsh Family Foundation gave its first gift to Spelman in 2012. In 2018, Spelman received a $2 million gift from the Foundation to fund annual and endowed scholarships to support KIPP graduates. Through generous gifts from Martha and Bruce Karsh, co-founders of the Foundation, Spelman has been able to make education more affordable and expand the number of high-achieving scholars the College is able to support. "Spelman is a powerhouse and storied institution with many distinguished alumni and led by visionary President Mary Schmidt Campbell," said Martha Karsh. "It offers everything that our top KIPPster women could want: unparalleled academics, an intimate campus, a long line of talented, inspiring and successful alums and a joyful, uplifting approach to higher education. It is truly our honor to partner with Spelman." The KIPP (Knowledge Is Power Program) began in 1994 with 47 fifth graders within a public middle school in Houston, Texas. The following year, two new public charter middle schools began in Houston and New York City. By 1999, these original KIPP schools were among the highest-performing schools in their respective communities. The first new KIPP middle schools opened as public charter schools in 2001. In 2004, KIPP opened its first elementary and high schools, which paved the way for KIPP to become a full Pre-K-12 school system. In 2005, Richard Barth became the CEO of the KIPP Foundation and helped develop the regional growth model for KIPP’s expansion. All KIPP schools are locally-run, non-profit organizations and are governed by a board of directors. To qualify, students must have completed eighth grade at a KIPP middle school or be a KIPP student who is expected to graduate from a KIPP high school. SOURCE: Spelman College If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Kennedy Williams
From Loganville, GA Spelman College class of 2020 Member Since July 2016 |
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