WASHINGTON, April 13, 2015 /PRNewswire/ -- Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, hosted its 68th Horatio Alger Awards Induction Ceremonies in Washington, D.C. this past weekend, April 9th – 11th.
As part of the annual Awards weekend, the Association inducted the new Member Class of 2015, comprised of 12 elite business, civic and philanthropic leaders, all of whom have demonstrated a strong work ethic, honesty and determination on their road to personal and professional success. Events included a formal induction ceremony and numerous activities focused on celebrating the Association's 12 esteemed new Members as well as the 106 National Scholars selected from across the United States.
Funding more than $110 million in scholarships since the establishment of its scholarship program in 1984, Horatio Alger Association has afforded more than 22,000 students the opportunity to pursue a college education. In 2015 alone, the Association awarded more than $10 million in need-based scholarships to 1,200 deserving, at-risk youth. Of these remarkable young people, 106 received the Horatio Alger National Scholarship, valued at $22,000, and were celebrated at this year's Awards events. These exceptional Scholars – who are recognized for their unwavering commitment to continuing their education and serving their communities despite facing incredible hardships – interacted with Horatio Alger Members, many of whom will serve as mentors, providing guidance in advance of the Scholars' first year of college.
"Each year, I am inspired by the extraordinary character and perseverance of the new Members and Scholars the Association selects and 2015 is certainly no exception," said David Sokol, chairman of Horatio Alger Association. "The Awards weekend provides a powerful opportunity for Members and Scholars to come together and share their inspiring stories of success despite facing tremendous adversity. I'm humbled to be part of an organization that recognizes these well-deserving young men and women and I'm gratified by our work in helping to preserve the American Dream for generations to come."
Members – like Scholars – have also faced adversities as well as displayed unmatched resilience in overcoming these challenges to achieve success. As part of the Association, each Member is committed to giving back and offering support and encouragement to today's youth to help build the next generation of leaders. Moreover, these Members, along with Life Partners and Friends of the Association, are responsible for wholly supporting the scholarship program.
"Horatio Alger Association is founded on the notion that one can turn hardship into success through perseverance and hard work," said Tony Novelly, president and CEO of Horatio Alger Association. "The Awards festivities are a wonderful opportunity to recognize men and women who embody personal and professional success, inspire those around them every day and truly exemplify the best of what our country has to offer. Each year, I am reaffirmed in our ongoing commitment to sustaining the American Dream and inspired to help our Scholars achieve in every way that they desire."
To view the complete list of Horatio Alger Members selected for the Class of 2015, please visit here.
To view the complete list of 2015 Horatio Alger National Scholarship recipients, please visit here.
About Horatio Alger Association of Distinguished Americans:
Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. fulfills its mission of honoring the achievements of outstanding individuals who have succeeded in spite of adversity and of encouraging young people to pursue their dreams through higher education. Horatio Alger Association supports students through annual undergraduate and graduate need-based scholarships and mentoring programs across the United States and Canada. Since 1984, the Association has awarded more than $100 million in college scholarships to deserving young people. For more information, please visit www.horatioalger.org.
SOURCE Horatio Alger Association of Distinguished Americans