Marlton, NJ (PRWEB) February 03, 2014
The Michaels Organization Educational Foundation, a non-profit affiliate of The Michaels Organization announced today it is now accepting scholarship applications for the 2014-2015 school year. All residents who live in affordable, mixed-income or military housing communities owned or managed by companies of The Michaels Organization, including Michaels Military Housing and Interstate Realty Management, are invited and encouraged to apply for a scholarship.
The scholarship funds, which are paid directly to the educational institution, can be used toward higher education at any accredited college, university, or vocational training program in the country.
The Michaels Organization Educational Foundation has committed at least $225,000 in scholarship funds for the 2014-2015 year.
Last year, the foundation received a record number of applications and awarded a record $450,000 in tuition grants.
Foundation funds are raised through the financial support of corporations, companies, families, private trusts and individuals known throughout The Michaels Organization business network. In addition, Michaels’ Chairman and CEO, Michael Levitt and his wife Pat Levitt contribute $2 for every $1 dollar raised by the Foundation. To date, more than $3.5 million in grants have been awarded, benefiting more than 1,600 students.
Applications must be received by the Foundation no later than May 16, 2014. Awards will be announced in June 2014.
Applications should be mailed to: The Michaels Organization Educational Foundation Attn: Dr. Bruce W. Johnson, 3 East Stow Road, Suite 100, P.O. Box 994, Marlton, New Jersey 08053-0994.
About The Michaels Organization
The Michaels Organization is a family of eight integrated but independent companies dedicated to excellence in affordable, mixed-income, military, and student housing. Serving more than 100,000 residents in 360 communities across 34 states, the District of Columbia, and the U.S. Virgin Islands and with a development portfolio valued in excess of $3.5 billion, The Michaels Organization is a national leader in the residential real estate industry, with full service capabilities in development, property and asset management, construction, mortgage finance, and tax credit syndication.
About The Michaels Organization Educational Foundation
A non-profit affiliate of The Michaels Organization, The Michaels Organization Educational Foundation administers educational scholarship programs open to residents of all affordable and military housing communities owned or managed by companies of The Michaels Organization. Now in its 23nd year, The Michaels Organization Educational Foundation was the first of its kind in the affordable housing industry when it was established by Michael and Patricia Levitt in 1991.