![]() |
Theodore R. & Vivian M. Johnson Scholarship Foundation, Inc.
|
|
| Purpose of the Foundation | ||
| Education is essential to the individual and to
the strength of the free enterprise system. The Foundation provides scholarship grants for
deserving persons who wish to pursue their academic goals through higher education but
cannot otherwise afford to do so; and for programs which support individual efforts to attain a college degree and successfully participate in the free enterprise system. By supporting education, the Foundation seeks to promote free enterprise and foster the values of leadership, high ideals and social responsibility that develop as a result of the student's hard work and personal effort.
Mission of the Foundation Core ValuesMandate Our
Foundation
was created from the fruits of the free enterprise system, operating
in a free and democratic society.
We believe that the free market system is the best in the
world, but we recognize that some people fail to benefit fully from
the system through no fault of their own.
It is these people that the Foundation seeks to assist.
Particularly, our mandate is to serve the disabled and those
people who are disadvantaged because of their social or economic
circumstances. Education We
have chosen education because we believe that it is the best means to
empower people to become more independent and to participate more
fully in the benefits of our society. Strategy
Our
responsibility is to execute the Foundation’s core education
programs effectively and to develop new ones.
We realize that our resources are limited and, in order to be
most effective, we must concentrate our efforts.
We must also constantly re-evaluate and improve our
programming, and change or replace non-core programs when we find
alternatives offering a better combination of value and effectiveness. Programs To
maximize the impact of our new programs, we feel an obligation to do
more than provide scholarship aid to needy individuals.
We also seek to identify niche areas which may have been
overlooked or under funded by other educational foundations.
We seek ways to amplify the impact of our programs through
cooperation with other organizations. Partnership We
realize that our programs are, at best, a catalyst.
The people we seek to assist and the organizations that serve
them do the real work of change and are usually the best source of
ideas for new program initiatives.
We look to them to help us understand how to make our work more
effective and, whenever we can usefully do so, we engage them as
partners. Risk Taking Just
as the free market system fosters progress through innovation, the
Foundation hopes to employ innovative programs to achieve its goals.
Cognizant of the fact that innovation always carries with it
the risk of failure, we will proceed only after careful evaluation and
will monitor our programs closely as they progress. Stewardship The
Foundation is intended to be a perpetual body and it is our
responsibility to improve it with each succeeding generation.
We attempt to do this by creative programming, vigilant
oversight of existing programs, and careful nurturing of our
organization and its financial assets.
The Foundation seeks to grow its assets over the long term by
achieving at least an annual rate of return of 5% plus the annual
inflation rate. |
||
|
|
||