Changing the Trajectory of Students’ Lives – One Scholarship at a Time
I am grateful for the work of my colleagues on the Board of Directors at the McMahon Parater Scholarship Foundation(MPSF) and to all of our generous donors.
MPSF provides financial assistance towards a quality Catholic education to students with limited financial resources. Significantly, some of the 1,102 children who received renewable scholarships in 2017-18 to our schools would be in non-accredited or partially accredited public schools, especially if they reside in the Cities of Richmond, Petersburg, and Norfolk, were it not for the financial assistance that MPSF provides that enables them to attend Catholic schools. While the number of students, Catholic and non-Catholic, who have been assisted through EISTC has grown, we are only meeting 60% of the need, so there is more work to be done.
Regarding need… I am happy to report that MPSF will be assisting students with scholarships at a new school beginning in the fall of 2019. Cristo Rey High School in Richmond will be a Catholic learning community that exclusively serves low-income inner city youth, equipping them with the knowledge, character, and skills to transform their lives. The Cristo Rey Network comprises 32 schools nationwide and includes a four-year Corporate Work Study Program.
Some other good news worth sharing:
For those not yet a part of this life changing cause, consider, importantly, giving the gift of an unparalleled Catholic Education, while gaining a tax credit, a win-win. Your gifts of prayers or financial resources will enable us to continue to expand our vision and the number of students we help. The 966 students we have helped in the past year, as well as the future scholarships recipients and their families, thank you for making an impact on their lives.
May the good Lord bless you,
Bruce C. Holbrook
The McMahon Parater Scholarship Foundation