article via jbhe.com
The Fund II Foundation of Austin, Texas, has the stated mission “to preserve the African-American experience; safeguard human rights; provide music education; preserve the environment while promoting the benefits of the outdoors; and sustain critical American values such as entrepreneurialism.”
To fulfill its first stated mission the philanthropic organization vows “to share the diverse and stirring stories of people of African descent, we support organizations that illuminate the richness of Black history and culture.”
Now the Fund II Foundation has teamed up with the United Negro College Fund to establish a new scholarship program to help African American students seeking careers in STEM fields. Over the next five years, The Fund II Foundation UNCF STEM Scholars Program will identify 500 African American high school students who are determined to pursue careers in STEM fields. These students will receive scholarships, internships, mentoring, and other tools to help them reach their goals. The Fund II Foundation is contributing $48 million for the STEM Scholars Program.