March 13, 2013
The Red Tab Foundation is now accepting scholarship applications for dependents of LS&Co. employees for the 2013-2014 school year.
The application period for 2013 Red Tab Scholars program begins today, March 4th, and concludes on April 26th.
Red Tab Scholars is a need-based program that awards up to $1,500 USD per year to the dependents of LS&Co. employees around the world. Award determination is based on financial need (75 percent) and scholastic merit (25 percent). Scholarships can be used for post-secondary education at colleges, universities and vocational schools.
“I encourage employees and their children to look into this great opportunity”, Chip Bergh stated. “I am so impressed with the Red Tab Scholars program which truly exemplifies LS&Co.’s values of empathy and integrity, providing opportunity for scholastic achievement for those who might find it difficult to meet tuition requirements or buy books.”
Since it’s induction in 2008, over 400 students from 16 different countries have been awarded 1.3M USD in scholarships due to generous donations from Bob and Colleen Haas along with LS&Co. employees, retirees, and shareholders.
Vikas Kumar, a retiree of our Bangalore office recently expressed his gratitude after his son Goutham was awarded the scholarship for his third year in school:
“Thank you for the renewal of Goutham’s Scholarship. I can proudly say that the Red Tab Foundation is doing a noble gesture in supporting the education of the dependents of our employees. I always feel that supporting one’s education is the best possible gift you can give, and this will be remembered forever”.
Applications for the 2013-2014 school year must be submitted by April 26, 2013. For more information or to apply, go to www.sms.scholarshipamerica.org/redtab
November 1, 2004
The Foundation received attention in the U.S. nationally when it was featured in a National Public Radio broadcast regarding innovative services for hourly wage earners. This RTF “safety net” story from November 2004, can be heard by accessing the NPR archives HERE.