Molina Healthcare Charitable Foundation Donates $10,000 to United Negro College Fund Scholarship Program
08/04/2023LOUISVILLE, Ky., August 4, 2023 – The Molina Healthcare Charitable Foundation, in collaboration with Passport by Molina Healthcare (“Passport”), made a $10,000 donation to the United Negro College Fund’s (UNCF) Scholarship Program at the UNCF Leadership Luncheon at Louisville Marriott Downtown.
UNCF is the nation’s largest private scholarship provider to minority group members. Each year, UNCF awards more than $100 million in scholarships to students attending more than 1,100 schools across the U.S. UNCF has helped more than 500,000 students earn their college degrees since its founding. UNCF supports Kentucky students alone with over $250,000 in scholarship dollars annually.
“We’re excited to team up with UNCF to provide critical funding that will empower the next generation of leaders, enabling growth and leadership through HBCU educational opportunities,” said Ryan Sadler, plan president of Passport by Molina Healthcare. “This important initiative is consistent with UNCF’s longstanding tradition of working with corporate partners to support HBCUs and their scholarship programs as they prepare students for opportunities in the 21st century workplace.”
According to UNCF, the six-year graduation rate for a UNCF African American scholarship recipient is 70%. This is 11% higher than the national average and 31% higher than the national average for all African Americans. More than 10,000 scholarships and internships offered through 400 programs available through UNCF go a long way in helping minorities overcome financial obstacles to getting a college education.
Passport is committed to addressing social determinants of health and believes that helping individuals get a college education can have a significant impact on health outcomes. Educational attainment can help individuals find jobs with healthcare benefits, enable them to provide healthier food options to their families and often live more fulfilling lives.
Passport is proud to prioritize members not only by ensuring they have access to quality healthcare, but also by partnering with organizations across Kentucky to address important quality of life and equity issues such as access to education. In supporting at-risk youth in their educational journey, Passport provides a path to prosperity that can help to end generational poverty in the Commonwealth.
Further details regarding the 2023 UNCF Leadership Luncheon can be found here.
About The Molina Healthcare Charitable Foundation
The Molina Healthcare Charitable Foundation is a 501(c)(3) established in 2020 by Molina Healthcare, Inc. The Molina Healthcare Charitable Foundation was created to improve the health and well-being of disadvantaged populations by funding meaningful, measurable, and innovative programs and solutions that improve health, life, and living in local communities.
About Passport by Molina Healthcare
Molina Healthcare of Kentucky, Inc., dba Passport by Molina Healthcare, provides government-funded, quality health care to low-income individuals, and works closely with local providers and community partners to improve health outcomes for members and the communities it serves. Passport by Molina Healthcare is a wholly-owned subsidiary of Molina Healthcare, Inc., a FORTUNE 500 company (currently ranked 125), which provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces. Molina Healthcare served approximately 5.2 million members as of June 30, 2023, located across 19 states. For more information about Passport Health Plan by Molina Healthcare, visit PassportHealthPlan.com.
About United Negro College Fund
Since its founding in 1944, the United Negro College Fund (UNCF) has raised more than $5 billion and helped more than 500,000 students and counting not just attend college, but thrive, graduate and become leaders. UNCF awards more than 10,000 students scholarships, worth more than $100 million, each year. UNCF also provides financial support to 37 historically Black colleges and universities (HBCUs) and serves as the nation’s leading advocate for the importance of minority education and community engagement. UNCF has helped to more than double the number of minorities attending college since its founding.