from their website.......
Through the generosity of thousands of Americans, the Freedom Alliance Scholarship Fund has awarded more than $3 million in scholarships to the sons and daughters of American heroes in the last several years, including:
$25,000 to the USS Cole Memorial Fund for the children of the 17 sailors who were killed in the terrorist attack against the USS Cole in October 2000.
$40,000 to the dependent children of the 21 soldiers and 33 sailors killed at the Pentagon on September 11, 2001.
55 individual student scholarships for the 2002 academic year.
73 individual student scholarships for the 2003 academic year.
80 individual student scholarships for the 2004 academic year.
95 individual student scholarships for the 2005 academic year.
105 individual student scholarships for the 2006 academic year.
113 individual student scholarships for the 2007 academic year.
167 individual student scholarships for the 2008 academic year.
201 individual student scholarships for the 2009 academic year.
It makes sense that they haven’t spent all that much on scholarships yet, the numbers are steadily rising as the kids get older and closer to college age.
OK, but they don't disclose the amount of the "scholarships". What if the 55 in 2002 are for $1,000 each, and the 201 in 2009 are for $10 each?
i don’t know enough to expound on non-profits and how they are funded and capitalized. but i would think that to build a charitable organization that you wanted to last any length of time, you do NOT give away every dime you take in on a yearly basis. this charity hasn’t been in existence that long and i would think that they need to invest the proceeds to build a fund that can sustain the organization so they can KEEP giving the scholarships out as they become needed.
“from their website.......
Through the generosity of thousands of Americans, the Freedom Alliance Scholarship Fund has awarded more than $3 million in scholarships to the sons and daughters of American heroes in the last several years, including:
$25,000 to the USS Cole Memorial Fund for the children of the 17 sailors who were killed in the terrorist attack against the USS Cole in October 2000.
$40,000 to the dependent children of the 21 soldiers and 33 sailors killed at the Pentagon on September 11, 2001.
55 individual student scholarships for the 2002 academic year.
73 individual student scholarships for the 2003 academic year.
80 individual student scholarships for the 2004 academic year.
95 individual student scholarships for the 2005 academic year.
105 individual student scholarships for the 2006 academic year.
113 individual student scholarships for the 2007 academic year.
167 individual student scholarships for the 2008 academic year.
201 individual student scholarships for the 2009 academic year.
It makes sense that they haven’t spent all that much on scholarships yet, the numbers are steadily rising as the kids get older and closer to college age.”
Well Done!!!