By Nikki Bethel, President & CEO, The Emma Bowen Foundation
I have an exciting announcement: Hearst has established a new endowment at the Emma Bowen Foundation that will support our need-based scholarship fund. Specifically, the endowment will help us support students of color who are pursuing careers in finance and accounting.
Read the full press release here.
This truly could not have come at a more urgent time. I just looked up the total amount of student debt owed in the U.S. It’s $1.7 trillion. Providing financial assistance will lift the heavy burden off of our young talent, allowing them the chance to really focus on their academics and careers.
Not only that, this endowment supports our commitment to socio-economic diversity, which is essential to making progress on diversity, equity and inclusion in the media and technology fields.
The Jeana Stanley Endowment was established by Hearst to honor Jeana Stanley, Hearst’s Vice President of Finance, who passed away in June 2020. Jeana was an ardent supporter of EBF, participating in many of our events over the years.
I am honored and humbled that Hearst, an EBF partner for over 10 years, chose us as a partner to celebrate Jeana’s legacy. In that time, we have seen more than 30 EBF alumni begin their careers at Hearst.
The Endowment will reflect Jeana’s legacy and her passion for helping professionals advance in their careers by raising awareness and increasing access to finance and accounting careers in media for students of color.
I’m so inspired by Hearst’s mission to expose the young talent of color to finance and accounting roles within the media and technology industries.
Hearst gets the importance of broadening the pipeline of talent. I’m invigorated by this new opportunity for students of color to access the industry.
And just so you know, our need-based scholarship fund is open to all EBF students who apply and qualify based on basic financial aid data. Since 2015, we have awarded over $5 million in scholarships.
Our application for 2021 summer fellowships is still open, so if you want to solidify the start of your career and join the EBF family, you’re going to want to start here.
Learn more and apply today here.
As always, keep your head up high.
Nikki Bethel, President & CEO, The Emma Bowen Foundation. Nikki Bethel is a dynamic, results-driven senior leader with over 20 years of experience in strategic planning, diversity, equity & inclusion, talent management, leadership development, and public speaking.
Photo credit: Jeana Stanley.