The National Association of Insurance Women (International) provided $25,000 in seed money for the establishment of the Foundation. From this seed money sprouted a Foundation operated solely by donations from individuals, industry groups, foundations, corporations and industry-related businesses.

Just 10 months after its inception, NAIW Education Foundation awarded its first scholarships. Today, over 200 insurance professionals have received NAIW Education Foundation professional scholarships and well over 100 college students have benefited from the Foundation's college scholarship program.

In June of 2005, with a strong commitment to its beginnings, the NAIW Education Foundation will begin to operate as the Insurance Scholarship Foundation of America: Founded by Members of NAIW. This growth will allow the Foundation to continue with its commitment to NAIW and its members as well as to reach toward its vision of being the largest and most recognized provider of insurance-related scholarships in America.

College Scholarships Awarded:

• 363 applicants from 65 different colleges and universities
• 144 recipients from 35 difference colleges and universities
• $184,243.58 total college scholarship dollars awarded
• 40% of applicants received a scholarship

Professional Scholarships Awarded:

• 282 applicants from 149 different industry employers
• 225 recipients from 117 different industry employers
• $158,732.80 total professional scholarship dollars awarded
• 80% of applicants received a scholarship