Atlanta, GA (PRWEB) September 18, 2014
The Asian American Hotel Owners Association (AAHOA), the voice of owners in the hospitality industry, and a supporter of education, announced today that it will donate $5000 to Scholarship America to make postsecondary education possible for all students.
“AAHOA members know and understand what it means to sacrifice for a greater future,” said AAHOA Board Chairman Pratik Patel. “We are happy to support a worthy cause that makes the dreams and the future of American youth come to fruition.”
In 1958, an optometrist in Fall River, Mass. had a simple but profound idea: if everyone in his community gave just a dollar to an educational fund, it would be enough to help nearly every student in the community attend college. Dr. Irving Fradkin called his plan "Dollars for Scholars," and it has expanded into what today is the nation's largest non-profit, private-sector scholarship and educational support organization—Scholarship America.
“The Asian American Hotel Owners Association’s generosity allows us to continue our important mission as the nation’s largest provider of private scholarships,” said Timothy Christensen, secretary of Scholarship America’s board of trustees. “We help deserving students attend and complete their education beyond high school and we have done so for more than 2 million students since 1958.”
Since its founding, Scholarship America has distributed more than $3 billion to 2 million students across the country through various programs like Dollars for Scholars, Dreamkeepers, and Scholarship Management Services.
Founded in 1989, AAHOA is the largest hotel owners association in the world, with more than 12,500 small business owner-members. AAHOA members own more than 20,000 properties amounting to more than 40 percent of all hotels in the United States and employ nearly 600,000 workers, accounting for over $9.4 billion in payroll annually.