COLORADO SPRINGS, Colo., May 19, 2022 — The Sachs Foundation, an organization that has provided college scholarships to Black Coloradans since 1931, announced today that it has awarded more than $2 million in scholarships to talented Black students in the Centennial State over the past year. Sachs Foundation scholars are pursuing undergraduate and graduate degrees from universities and colleges in Colorado as well as top institutions from coast to coast, including Yale, Stanford, MIT, Harvard and Cornell and historically prestigious Black colleges and universities (HBCUs) like Howard University.
The foundation awarded 52 scholarships over the past year to exceptional Black students from all around Colorado, including Aurora, Castle Rock, Colorado Springs, Commerce City, Denver, Fountain, Gypsum, Lafayette, Lakewood, Lamar and Woodland Park. The students who received Sachs Foundation support this year are not only accomplished in academics but have already made a positive impact in their communities through their achievements in the arts, athletics and volunteer activities. More than half of the students are the first generation in their family to attend college.
To celebrate the students’ excellence this year, the foundation sponsored a brunch for the 2022 Sachs Foundation Scholarship Program students and guests at the Penrose House in Colorado Springs. The guest speaker was Clint Smith, a journalist, educator, New York Times best-selling author, popular YouTube host, award-winning poet and staff writer at The Atlantic.
Pikes Peak resident Henry Sachs created the foundation during the Great Depression, awarding the first Sachs Foundation scholarship to Dolphus Stroud, whose family’s friendship with Sachs gave him vivid insight into the toll discrimination takes on Black Coloradans’ educational and economic prospects. Since that time, the Sachs Foundation has provided financial and/or mentoring support to more than 3,000 talented Black students from Colorado. Over the years, Sachs Foundation scholarship recipients have achieved personal success and enriched their communities through distinguished careers in many professions, including the arts, medicine, science, engineering and public service.
“Society has changed since Henry Sachs’ time, but as statistics confirm year after year, Black Coloradans still face significant obstacles to academic and professional achievement, so our mission remains as relevant as ever,” said Ben Ralston, President, Sachs Foundation. “This year’s scholarship recipients are incredibly brilliant in the academic sense but also committed to their communities and eager to help others. We’re honored to provide them with the support they need to pursue their dreams.”
Last year, the Sachs Foundation celebrated 90 years of providing opportunities to Black students. The foundation makes applications available annually between January 1 and March 15 to Black residents of Colorado. Eligible students and their families are encouraged to apply. Scholarships are based on academic merit, financial need and character. Learn more at www.sachsfoundation.org.
About the Sachs Foundation
Founded by Pikes Peak resident Henry Sachs in 1931, the Sachs Foundation provides scholarship programs designed to help Black Coloradans overcome discrimination and reach their full academic potential. Over the decades, the Foundation has helped thousands of talented Black students pursue undergraduate and graduate degrees at universities throughout the United States, dispersing millions in funding through its unique education equity approach. Learn more about the Sachs Foundation, student success stories and how to apply for scholarship grants at www.sachsfoundation.org.