What is the Olatunji Foundation? The Olatunji Foundation is a educational non-profit association that promotes Pan-Africanism by supporting students at higher educational institutions who have demonstrated their commitment to the ideology by providing scholarships in various fields of study. What Does 'Olatunji" mean? Olatunji is a Yoruba word that means "honor returns." When was the Olatunji Foundation founded? The Olatunji Foundation was founded on August 17th 2005 in the State of New Jersey. How does the Olatunji Foundation get money for it's Scholarships? Since the Olatunji Foundation is a young organization, we currently are dependent upon the support of like minded individuals who see the value of our work. In the future we hope to put surplus funds into investments vehicles that can then fund the organization. It will only be through the generocity of donors that we will be able to do this. Who is eligible for the Scholarships? The basic elibility requirements are : 1)A Student of African Descent Please see the scholarships page for details. How are scholarships given out? Winning applicants will be notified via e-mail that they have won. The funds are given to the financial aide office institution to which the student is attending on their behalf. Why do you not give money to students at predominantly white institutions? As is part of our philosophy we are obligated to first support Black institutions. If and when we raise enough funds to have a surplus we will extend our offers to students at other institutions. Is this a 419 scam ? No this is a legit non-profit corporation founded under the laws of New Jersey. Please feel free to contact the Division of Revenue Business Support Services and Commercial Recording @ 609-292-9292. |
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