Everyone on the team here at ForeverHBCU.com is personally connected
to black schools in some way. The human input for this web site is
not just to produce another entertainment center but to create awareness,
recognition and financial strength for the schools and the people.
ForeverHBCU.com, operated as a non-profit organization, is a robust,
dynamically linked, E-commerce website that will offer two shopping
malls. The HBCU Mall will offer 200+ various products for purchase
including the ability to place an HBCU or custom logo on certain
items. Customers will have the option during every purchase to choose
which HBCU they want to receive 5 % of their order
The All Alumni Mall will provide each school or authorized vendor
the opportunity to post and sell items - in a section that is built
specifically for them. We make it easy for all HBCU’s to offer
their special logo products, year books and media online to their
alumni without the hassles of building and maintaining a secure
E-commerce shopping cart or worrying about order fulfillment.
Our biggest goal however, is to implement a self creating, self
sustaining strategy to get more 8 year olds on the path to college.
FOREVER FUND
The Forever Scholarship Fund offered on the website will be targeted
toward second graders, 8 year old children. Every year we plan to
give hundreds of kids $500-$700 scholarship funds to attend an HBCU
of their choice upon high school graduation. The goal is quantity.
Financial Sense
Starting the college fund when the child has reached a maximum of
eight years of age will allow for ten years of compounded interest
accumulation and therefore a sizable nest egg for college when he
or she graduates from high school at eighteen.
Social Sense
By having this long term scholarship fund, these children will have
more personal confidence and academic direction throughout their
school years knowing that college is covered. Parents, quardians
and the child will be encouraged to add money to the college fund.
The family will receive bi-monthly statements from the financial
institution and quarterly newsletters from ForeverHBCU.com. This
newsletter will make them aware of various issues and will further
encourage the child and the family to participate in local events
shown in the newsletter.
SUSTAINING
Upon accepting the ForeverFund, the family must agree to send
the child to at least 2 HBCU College tours before he or she enters
the eleventh grade. By their senior year, Forever Fund scholrship
children would have had ten years of consistent contact with people
and literature, they would have visited several schools and should
have made mentorships and/or friendships at the HBCU they will be
attending.
It is critical that more African Americans attain a college degree.
Often, disadvantaged children acknowledge the disparities they inherit
early in life. Children need exceptional parents to help them overcome
or balance the pervasive inequities of our society as they relate
to “race.” The Forever Fund will intervene in this process
by offering a constant reminder to the child-“You are going
to college.”
ForeverHBCU.com will serve as the gateway and the way maker for
it all! With free advertising, the various profit centers and career
areas on the web site will provide awareness and financial strength
for the schools and the visitors. These same profit centers will
provide for the Fund and the human resources needed for daily maintainance.