SBCO Scholarship Endowment Program
The SaddleBrooke Community Outreach (SBCO) scholarship program selects students who live in the “Copper Corridor” based on their grades, community service and financial need.
Education is a game changer for the young people living in the Copper Corridor. Research has shown that a child raised in poverty is 70% more likely to raise his or her own children in poverty, so a scholarship for one student can truly make a difference for generations of future students.
In 2019, SBCO expanded the scope of the scholarship program by setting up a “Scholarship Endowment Fund”. This endowment fund is financed by generous benefactors through estate plans and one-time donations.
Benefactor generosity is preserved across generations because the fund keeps the original contribution untouched and uses only the earned interest to provide scholarships. This endowment creates an enduring legacy that makes a real difference to low income students long after the benefactor is gone.
“If you think education is expensive, wait until you see how much ignorance costs in the 21st century.”
As a benefactor, your generous contribution will help to break the cycle of generational poverty and is the ticket to better lives for these hard working students and their future children and grandchildren.
After a rigorous selection process, SBCO provides scholarships of $3,000 per year to selected four year students and $1,500 per year to selected community college and trade school students.
The “Copper Corridor,” north of SaddleBrooke is a 100 mile long regional corridor that is a series of small, rural communities that have been devastated by the closing of most of the copper mines in the area. Over 25% of the families living in this area meet the federal definition of poverty.
Where can I get more Information
SBCO will gladly provide knowledgeable experts to answer all your questions and to speak to your company or organization about the endowment program.
Providing Opportunities for Kids to Succeed