Citizens' Scholarship Foundation of America Presents Community Volunteer Service Awards to 855 students; Best Buy Co., Inc. Continues as Largest Sponsor.Business Editors & Education Writers
MINNEAPOLIS--(BUSINESS WIRE)--June 28, 2001
Citizens' Scholarship Foundation of America (CSFA CSFA Citizens' Scholarship Foundation of America
CSFA Center for the Study of the First Americans (College Station, TX)
CSFA California School Finance Authority
CSFA California State Floral Association ) has awarded a record 855 Community Volunteer Service Awards to the Class of 2001. The $500 scholarships recognize outstanding volunteer and community service efforts of high school students from across the country.
Recipients from 23 states were evaluated on their record of volunteerism vol·un·teer·ism
Use of or reliance on volunteers, especially to perform social or educational work in communities.
volunteerism , community service and academic achievement. The scholarships are sponsored each year by companies, foundations, and individuals. Minneapolis-based Best Buy Co., Inc. was the leading sponsor of the awards in 2001, funding 826 scholarships for total commitment of $413,000. More than 2,500 students have received awards since the program began in 1990.
"Best Buy is proud to be the largest sponsor of these scholarships for the third consecutive year," said Michael London, Senior Vice-President-Merchandise Manager for Best Buy Co., Inc. and Member of CSFA's National Governing Board Noun 1. governing board - a board that manages the affairs of an institution
board - a committee having supervisory powers; "the board has seven members" of Trustees. "Our company places a premium on opportunities that allow young people to grow while helping others. That is why these awards are so important. Great kids plus great leadership are the building blocks to great communities."
"Recognizing and rewarding young people who have made a commitment in their community through volunteerism is a tangible result of the Community Volunteer Service Awards program," said Dr. William C. Nelsen, President of CSFA. "These young people are already involved in community service and the vast majority will continue to give back for the rest of their lives."
CSFA is the nation's largest private sector scholarship and educational support organization. Headquartered in St. Peter, MN, CSFA has distributed nearly $662 million to more than 657,000 students since its founding in 1958. CSFA carries out its mission of expanding access to educational opportunities and encouraging academic achievement through its Dollars for Scholars, Scholarship Management Services, and ScholarShop.
Minneapolis-based Best Buy Co., Inc. (NYSE NYSE
See: New York Stock Exchange :BBY BBY Best Buy (stock symbol)
BBY Before Battle of Yavin (Star Wars)
BBY BeBeyond (Chinese online community) ) is the nation's number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Company operates retail stores and commercial web sites under the names: Best Buy (BestBuy.com), Magnolia Magnolia, city, United States
Magnolia (măgnō`lyə), city (1990 pop. 11,151), seat of Columbia co., SW Ark.; inc. 1855. Its oil industry has been important since 1938. Hi-Fi (MagnoliaHiFi.com), Media Play (MediaPlay.com), On Cue (OnCue.com), Sam Goody Sam Goody is a music and entertainment retailer in the United States and formerly in the United Kingdom. It is owned and operated by Musicland, which itself is owned by former rival Trans World Entertainment which also runs Suncoast Motion Picture Company and, until January 2006, (SamGoody.com), and Suncoast (Suncoast.com). The Company reaches consumers through more than 1,800 retail stores nationwide, in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and in the U.S. Virgin Islands.
For more information about the Community Volunteer Service Awards program call 1-800-248-8080 or visit www.csfa.org.