07/27/2007

Dear foundation board members,

I was asked by the foundation chairman to investigate and report on the grant proposal concerning the OSU Second Chance program. After visiting with the director of the program as well as the president of the college we decided that if the foundation approves the request of $10,000 we would call the grant "The Aldridge Foundation Project Second Chance Award". I am 100% in funding the entire amount. Here are the details concerning where the $ goes and whom it will benefit.

This supports 75 students all of which are single parents trying to better their lives through education. These individuals are living in section 8 housing projects and having to rely on food stamps etc. just to keep their heads above water. The director is wanting to have our $10,000 earmarked to be applied towards books, tuition, lab fees etc. as the need presents itself. The money will be placed into an account that will provide vouchers to the students needing financial assistance in regards to their educational pursuits. It will be made available to students who fall within the criteria of the program only. We will receive a yearly detailed report concerning the who, what, when, where, and why from the director. This award will be presented to recipients by Dr. Jerry Carroll, President OSU OKC. I felt this would make the award "extra" special and Dr. Carroll agreed to make the presentations.

In closing, I remember what it was like struggling through my undergraduate degree. It was a challenge to stay positive and focused due to financial woes and I had only myself to take care of. These students we will be supporting are not only having to take care of their own personal needs but their children's needs as well. Please consider the impact we will be able to make.

Respectfully,

R. Aldridge, TMKAF