Coca-Cola Foundation Gives $1 Million to Start Last Mile Scholarships for Juniors and Seniors
16 Oct 2013
Posted by Add Seymour Jr.
By ADD SEYMOUR JR. —Accomplished Morehouse juniors and seniors who fall short financially in completing their degrees are getting help from The Coca-Cola Foundation.
The Foundation gave $1 million to start the Coca-Cola Last Mile Scholarship for students with a 3.2 grade point average and demonstrated academic achievement, but who aren’t able to make it to graduation without financial help.
“We are honored to support deserving students and help them to continue to matriculate at Morehouse and graduate,” said Helen Smith Price, executive director of The Coca-Cola Foundation.
President John Silvanus Wilson Jr. ’79 said the new scholarship enables promising young men to graduate and become assets to their professions, their communities and to broader society.
“We are truly grateful for this latest gift which is reflective of Coca-Cola’s longstanding support for Morehouse College,” he said. “This targeted contribution will reinforce our efforts to retain academically worthy but financially needy students who aspire to be Morehouse Men.”
The Foundation also gave $250,000 to help strengthen and expand the capabilities of the Office of Institutional Advancement.
“By supporting the development function, we hope to help advance [Morehouse’s] fundraising efforts and better position Morehouse for the future,” Smith Price said.