The Michaels Organization Educational Foundation Announces Scholarship Opportunities for 2015/16 Academic Year

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Non-profit foundation to mark its 25th anniversary year by awarding at least $225,000 in educational grants to residents of housing communities professionally managed by companies of The Michaels Organization.

scholarships, The Michaels Organization, Philantrophy, awards

The educational foundation established by Michael and Patricia Levitt in 1991 has awarded over $4 million in college scholarships

We hope all our eligible residents will take advantage of this opportunity

The Michaels Organization Educational Foundation, a non-profit affiliate of The Michaels Organization, announced today it is now accepting applications for scholarships for the 2015-2016 school year. All residents who live in affordable, mixed-income or military housing communities professionally managed by the 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, which is celebrating 25 years of supporting the educational dreams of residents of The Michaels Organization has committed at least $225,000 in scholarship grants for the 2015-2016 school year.

In 2014, The Michaels Organization Educational Foundation received a record number of applications and for the first time in its history bestowed more than $500,000 in scholarships grants in a single year.

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 dollar raised by the Foundation.

To date, more than $4 million in grants have been awarded, benefitting more than 1,900 students.

Applications are available on The Michaels Organization's website and must be postmarked and returned to the Foundation no later than April 17, 2015. Awards will be announced in May 2015.

Applications should be mailed to: Dr. Bruce W. Johnson, The Michaels Organization Educational Foundation, 3 East Stow Road, Suite 100, P.O. Box 994, Marlton, ,New Jersey 08053-0994.

About The Michaels Organization Educational Foundation: The Michaels Organization Educational Foundation is a non-profit affiliate of The Michaels Organization, which administers educational scholarship programs open to residents of all affordable and military housing communities professionally managed by companies of The Michaels Organization. Now in its 25th year of awarding scholarships, 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. In 2006, the program was expanded to include residents of the military housing communities where Michaels owns or manages the family housing.

About The Michaels Organization: Headquartered in Marlton, NJ, The Michaels Organization is a privately-held family of 8 integrated but independent companies dedicated to excellence in affordable, mixed-financed, military, and student housing. Our capabilities include finance, development, construction, property management, and tax credit syndication.

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Laura Zaner
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