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FUNDING THE FUTURE - The Clorox Company

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<strong>FUNDING</strong><br />

<strong>THE</strong><br />

<strong>FUTURE</strong><br />

BY AMY HARMON<br />

It’s graduation day — a day filled with mixed emotions. Smiling<br />

high-school students eagerly receive their diplomas, thinking,<br />

“I can’t wait for college!” Meanwhile, their proud parents wonder,<br />

“How am I going to pay for this”<br />

For nearly 20 years, <strong>Clorox</strong> has come to the rescue of kids (and<br />

their parents) with four scholarship programs:<br />

• <strong>The</strong> <strong>Clorox</strong> <strong>Company</strong> Foundation scholarship program<br />

awards $2,500 scholarships — renewable to $10,000 over a fouryear<br />

period — to 10 children of <strong>Clorox</strong> employees annually.<br />

• Knauss Scholars — a program funded personally by Don<br />

and Ellie Knauss — annually awards 15 children of <strong>Clorox</strong><br />

employees with $2,500 scholarships for college and vocational<br />

programs, renewable up to $10,000.<br />

• <strong>Clorox</strong> Partners Scholarships are funded by <strong>Clorox</strong> employee<br />

contributions through Marcus A. Foster Educational Institute<br />

fundraising events and <strong>The</strong> <strong>Clorox</strong> <strong>Company</strong> Foundation grants.<br />

<strong>The</strong> program awards nearly 30 scholarships per year worth<br />

$3,500 each to Oakland-based high school graduates.<br />

• <strong>The</strong> <strong>Clorox</strong> <strong>Company</strong> / Craig Sullivan Scholarship program<br />

(established following the retirement of former CEO Craig<br />

Sullivan) annually awards one $5,000 scholarship to a collegebound<br />

Oakland public high school graduate.<br />

Combined, these four programs have provided more than $2.5<br />

million in scholarships to nearly 600 students worldwide. While<br />

some are just entering their first year of study, others have gone<br />

on to build successful lives, families and careers.<br />

4

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