Hennessy’s new partnership with the Thurgood Marshall College Fund (TMCF) is being called a major game-changer. The two have joined forces to create a fellowship for HBCU graduate students.
What is being called the Hennessy Fellows Program is an initiative that will award scholarships and professional development resources to ten deserving graduate students. The premium cognac brand has made a commitment to support future African American leaders by donating $10 million over the next 10 years to the Thurgood Marshall College Fund. Recipients will be awarded financial assistance towards collegiate graduate level education programs, as well as curated corporate development experiences, including training forums and networking to enhance the exchange of ideas and provide direct exposure to the inter-relatedness of corporate, social and economic systems.
“We are honored to announce a ten-year partnership with Thurgood Marshall College Fund,” said Jim Clerkin, President and CEO of Moët Hennessy North America. “As a charter corporate sponsor of the fund, we continue to support the work of this organization in developing a pipeline of talent and future leaders from historically Black colleges and universities. I am proud of the work we have done together to date and look forward to continuing our efforts to build a broader, more inclusive talent base for corporate America.”
According to Blavity, the program will also look to help students who are often overlooked by financial aid programs.
“The issue of financial aid is not only limited to undergraduate students on our HBCU campuses. Limited resources for graduate students also lead to student drop off,” said Dr. David Wilson, President of Morgan State University, one of the schools participating in the program. “Hennessy’s initiative will be a lifeline of support providing more opportunities for graduate students that are often forgotten.”
The Hennessy Fellows Program is now accepting applications for the Fall 2019 semester through May 5. The selected 10 will be announced in June. For more information, including eligibility requirements and how to apply, please visit tmcf.org/HFP.
“When such a tremendously successful global brand like Hennessy invests in a higher education non-profit like ours, it tells the world that HBCUs and PBIs have value and are worth investing in, and TMCF is the best steward to carry out such a monumental investment,” said Dr. Harry L. Williams, President & CEO, TMCF. “This is major, and it can’t be overlooked as just a financial contribution, it is a real partnership that is a game changer for the students and our community.”