November 11, 2014
Beltway Companies recently held its fourth annual golf tournament for the company’s endowed scholarship fund to benefit St. Mary’s College of Maryland.
Held at the Rolling Road Golf Club in Catonsville, Md., the event raised more than $45,000 thanks to almost 100 golfers and generous contributions from more than 17 sponsors.
Beltway Companies Dealer Principal Jack C. Saum and his wife, Jeanne – both graduates of St Mary’s College – established the Endowed Scholarship Fund as part of their commitment to corporate social responsibility. In just four years, the scholarship fund has received more than $145,000 in contributions. This fund is part of St. Mary’s College’s Baltimore City Scholarship Initiative which helps companies create their own scholarship, internship and mentoring program for deserving students.
“Our scholarship is both philanthropic and purposeful,” says Jack Saum. “It helps college students build careers in the commercial truck transportation industry and that can help our business grow.”
St. Mary’s College rising third-year students who are majoring in Business and/or Economics and require financial assistance are eligible to apply for the two-year, $5,000 (minimum) gap scholarship. Scholarship recipients are also eligible for a paid internship for two summers at the dealership’s locations in Maryland. The scholarship is renewable for two, one-year terms for students who remain in good academic standing.
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