About the Foundation
The CEON Foundation has elected to broaden good works by augmenting our time and talent initiatives with a financial support program. To enable that goal a 501C3 organization has been formed that is independent of CEO Netweavers Inc. The CEON Foundation provides a tax-deductible vehicle for our members and others to contribute to the new initiatives. Our initial goal is to raise $100,000 by September 30, 2022
The CEON Foundation has Governance, Marketing and Disbursement functions.
Governance: Trusted custodians of the monies raised, and integrity in everything we do
Marketing: Creating awareness of the work we are doing and its impact
Disbursement: Deciding who earns the awards
Over time we hope to expand the scholarship program, and to consider other worthy causes.
The CEON Foundation Board consists of the President and the Treasurer of CEO Netweavers and a Scholarship Committee Chair, supported by a four person Scholarship Committee.
President: Dave Walens
Treasurer: Jim Kelly
Scholarship Committee: Jim Deupree
What are the three aspects of each CEON Foundation scholarship award?
Mentoring: Many awardees will be the first one from their family to attend college. They will likely not have been exposed to the role business networking plays in their career. It is unlikely that they will have business executives as role models. They are also unlikely to have the connections that lead to paid career related internships, which can provide financial support and an advance pipeline for future jobs.
Each awardee will have a CEO Netweaver Member as a mentor. They are expected to interact monthly, and in-person when the student returns for breaks. The mentors role is to help the student lift themselves into a successful career. The path will include inspiration, awareness and helpful connections.
Financial: Students with full or major scholarships still have other cash needs for incidental expenses. Since their family is frequently unable to provide that funding they end up working one or two jobs. We want to help them focus on all aspects of the university experience — to fully participate in academic and network building opportunities.
Cash award of $2,500 – $7,500 annually, based on a combination of student need and funds available in the scholarship fund. The amount of the award will be determined and announced during the fall, while the student is at school and becoming aware of their actual needs. Advance awareness of the award will hopefully allow them to plan accordingly. Disbursement will begin in January of each year. The Mentor will decide the pace and purpose of disbursements.
Participation in CEO Netweaver events: Exposure to business environments and issue discussions, to the benefits of a Pay-It-Forward culture and to the opportunity to get to know established leaders are all invaluable to anyone beginning their career.
Scholarship awardees will be invited to participate in CEO Netweaver events for all of these reasons.
How does the application process work?
The Ron Clark Academy (RCA) has been chosen as our partner for applications. They have their own extensive interview process and relationship with both students and their families. They also have an alumni department that tracks the students through high school and beyond, and are aware of scholarship awards as they happen.
They will notify RCA alumni students about our scholarship and partnership along with our qualification criteria and forward the application to them for completion and submission. Our Scholarship Committee will make the final decisions, and have the Ron Clark Academy as a resource for additional information about students we are considering.
The Scholarship Program Committee within our CEON Foundation will review the applications and select the winners.