Press Release

THE KLM SCHOLARSHIP FOUNDATION RECEIVES $5,000.00 GRANT FROM THE UPS FOUNDATION

RICHMOND, VA December 4, 2011 - The KLM Scholarship Foundation received a $5,000.00 grant from The UPS Foundation, the charitable arm of UPS (NYSE:UPS).  The grant will be used to fund the organization’s Book Scholarship Program.            

The KLM Scholarship Foundation is a 501(c)(3) non-profit organization established in Richmond, Virginia during 2002.  The primary purpose of the organization is to raise funds and distribute book scholarship awards to students that attend college in the Commonwealth of Virginia.  The scholarships are academic-based and target full-time students faced with financial obstacles.

Established in 1951 and based in Atlanta, GA, The UPS Foundation identifies specific areas where its backing clearly impacts social issues.  In support of this strategic approach, The UPS Foundation has identified the following focus areas for giving: non-profit effectiveness, economic & global literacy, encouraging diversity, community safety and environmental sustainability.

In 2010, The UPS Foundation distributed more than $44.6 million worldwide through grants that benefit organizations or programs such as the KLM Scholarship Foundation and provide support for building stronger communities.

“The UPS Foundation is committed to funding impactful programs that make a meaningful difference in our communities – so we are proud to support the KLM Scholarship Foundation’s efforts to make education affordable,” said Ken Sternad, president of The UPS Foundation.

About the KLM Scholarship Foundation

The KLM Scholarship Foundation is a non-profit organization established in 2002. The foundation was granted its 501(c)(3) tax exempt status by the Internal Revenue Service March 2003. The primary purpose of the organization is to distribute book scholarship awards. The scholarships are academic based and target college students faced with financial obstacles.