Molina Healthcare Charitable Foundation Donates $10,000 to Fund Scholarships at HBCU Simmons College of Kentucky
09/08/2023LOUISVILLE, Ky., Sept. 8, 2023 — The Molina Healthcare Charitable Foundation, in collaboration with Passport by Molina Healthcare (“Passport”), announced a $10,000 donation to Simmons College of Kentucky to fund scholarships for students in need of financial assistance. Passport’s support of one of Kentucky’s Historically Black Colleges and Universities (HBCU) builds on its efforts to address societal inequities through education.
The scholarship funding aims to help close the educational attainment gap for underrepresented minorities in Kentucky. The Kentucky Council on Postsecondary Education Progress Report shows underrepresented minorities are below the state average for college retention and graduation rates, and they obtain just 13% of bachelor degrees earned in Kentucky.
“We are proud to help the students of Simmons College of Kentucky reach their academic goals by providing financial support during their educational journey,” said Ryan Sadler, plan president of Passport by Molina Healthcare. “Education is critical to ending the cycle of poverty, a significant factor in health outcomes for Black families. Passport is committed to addressing this and other social determinants of health to create a more equitable Kentucky.”
"Passport by Molina Healthcare has consistently invested in the community, and we are grateful for their support of Louisville's historical Black college,” said Dr. Kevin W. Cosby, president of Simmons College of Kentucky.
Just last month, The Molina Healthcare Charitable Foundation made another financial commitment to the academic success of Black students in Kentucky. A $10,000 check was presented to the United Negro College Fund at its annual luncheon in Louisville.
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, 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.