2022 Annual Report

CELEBRATING MORE THAN $1 MILLION IN SCHOLARSHIPS AWARDED SINCE 2002

High School (16) and Blacksburg High School (11). Additionally, 51 college students from 13 colleges and universities received scholarships, including Virginia Tech (32) and Radford University (6). “Scholarship opportunities provide everyone, especially people from marginalized communities, with the opportunity to pursue a higher education,” said scholarship recipient Megan Phan. “I want to thank the foundation for providing me with this opportunity, as well as my parents who have always encouraged me to reach for my goals.” This year, Megan was one of 18 scholarship recipients from the Virginia Tech Women’s Club. Generosity from across the community from individuals, families, and businesses keeps the program growing each year, with 50 funds dedicated solely to giving out scholarships ranging from $500 - $4,000. Scholarships are typically available to students attending 2- or 4- year colleges or universities, but many funds also support students interested in trade or technical schools. Students are eligible to reapply for scholarships each year, which provides consistent support throughout their academic experience. For more information about establishing a scholarship fund or applying for a scholarship, visit cfrnrv.org/scholarships.

The CFNRV’s scholarship program began in 2002 with a gift from Peggy and John Eaton that created the T. Scott Eaton Scholarship Fund. In the years since this initial gift, the foundation has awarded $1,190,000 to 939 students. “It was our privilege to establish the first scholarship fund in our son Scott’s name,” said Peggy Eaton, who is also a former CFNRV board member. “Now what the program is giving out is phenomenal! I am so glad to have been part of the Community Foundation since the beginning.” This spring, the foundation awarded $142,596 to 99 students, including 15 first-generation students who are the first in their families to attend college. The 48 high school seniors represented eight schools, with the most coming from Floyd County At the 2022 Scholarship Picnic, John and Peggy Eaton meet scholarship recipient Karen Villanueva.

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THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY

Photo by Wilsie Photography