Kimberley L Martin Foundation Inc

Introduction

The Kimberley L Martin Foundation Inc. is a nonprofit organization dedicated to making education more affordable and accessible. It was founded by Kimberley L. Martin in 2002, with the primary goal of supporting college students financially by providing book scholarships.

Mission

The foundation's mission is to assist students in achieving their educational and career goals by alleviating financial barriers, particularly those related to the purchase of textbooks. It emphasizes the importance of higher education and its benefits to individuals and society.

Activities

• Scholarship Program: The organization awards academic-based book scholarships to students attending colleges and universities in Virginia. Recipients must be full-time students with a GPA of 3.0 or higher.
• Fundraising Events: The foundation organizes annual fundraising events, including the Black & White Affair, to support its scholarship program.
• Community Engagement: The foundation works closely with volunteers and the community to raise awareness about the financial challenges faced by students and to secure funding for scholarships.

Financial Overview

As a nonprofit, the Kimberley L Martin Foundation relies on contributions from grants, fundraisers, public donations, and corporate sponsorships. In recent years, it has awarded a significant amount in book scholarships, making a positive impact on many students' educational journeys.

Impact

By providing financial assistance to students, the foundation helps address the "costly textbook syndrome," offering crucial support to those facing financial obstacles in pursuing higher education. Its efforts have resulted in significant scholarship awards to students across various Virginia institutions.

Leadership and Vision

Kimberley L. Martin, the founder, is driven by a personal understanding of the financial challenges in education, having experienced similar difficulties during her college years. She is committed to making education more accessible and believes in the intrinsic rewards of higher education.

Achievements

One of the foundation's notable achievements was reaching the milestone of awarding over $115,650 in scholarships to 147 students. This success demonstrates the organization's dedication to its mission and its ability to make a tangible difference in the lives of students.

[1] https://projects.propublica.org/nonprofits/organizations/470898719 [2] https://klmfoundation.org/history/ [3] https://richmondfreepress.com/news/2015/apr/03/personality-kimberley-l-martin/ [4] https://www.guidestar.org/profile/47-0898719 [5] https://www.instrumentl.com/990-report/kimberley-l-martin-foundation-inc