The Community Foundation of the NRV 2022 2023 Annual Report

SCHOLARSHIP PROGRAM SURPASSES 1,100 RECIPIENTS

In May, the CFNRV celebrated our 2023 scholarship winners with a luncheon at Omni Place Event Center in Fairlawn.

Scholarship funds are the fastest growing area at the CFNRV. Currently, the Foundation has more than 50 scholarship funds. In the last year, the CFNRV surpassed 1,100 scholarship recipients since we began awarding scholarships in 2002. In the spring and summer of 2023, the Foundation gave out $155,641 in scholarships to 92 students living or studying in the New River Valley, including 20 who are first in their family to attend college. Since 2002, the CFNRV has awarded a total of $1,334,454.70 to students pursuing a wide variety of majors and certifications. Many of these students are funded for multiple years throughout their higher education experiences. Funding for these scholarships comes from generous donors, including individuals, families, and businesses, all with a desire to support the continuing

education of high school seniors, college students, and students attending trade or technical schools. Many of our funds have been awarding scholarships for years, including 14 funds that have awarded 20 or more scholarships. Donors work with the CFNRV to set up a scholarship fund based on specific criteria such as where the student is attending school, their financial needs, or their career goals. When the

2022

2023

$142,596

$155,641

9

THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY

Photo by Wilsie Photography