The DiversityInc Foundation is a 501(c)(3). Its mission is to fund scholarships for financially disadvantaged students. It is our goal to donate at least 2 percent of DiversityInc Media LLC’s gross revenue via the DiversityInc Foundation. In 2012, we achieved 4.6 percent of our gross revenue.
We currently serve three schools: Bennett College for Women (a historically Black college), New Jersey City University (a Hispanic-serving and minority-serving institution) and Rutgers University. DiversityInc CEO Luke Visconti is a trustee of Bennett College (a historically Black college), a trustee of Rutgers University (as well as a member of the Rutgers Foundation board) and on the foundation board of New Jersey City University (a Hispanic-serving Institution).
Current programs are:
- Bennett College for Women, Greensboro, N.C.: DiversityInc Endowed Scholarship. Mr. Visconti has been a trustee for nine years and is chair of the institutional advancement committee.
- New Jersey City University, Jersey City, N.J.: DiversityInc Endowed Scholarship. Mr. Visconti has been a board member for seven years and is on the audit and real estate committees.
- Rutgers University, New Brunswick, N.J.: DiversityInc Endowed Scholarship and endowed scholarship in the Newark and Camden Education Opportunity Fund. Mr. Visconti has been a trustee for six years and is on his first year as Rutgers Foundation board member.
The DiversityInc Foundation has no administrative overhead (zero). Nobody draws a salary from the DiversityInc Foundation.
DiversityInc Media LLC donates all administrative support/salaries, legal fees, accounting fees, office space and materials to the DiversityInc Foundation. One hundred percent of donated funds (speaking fees or other donations) go directly to our schools, which administer the scholarships.
One hundred percent of Mr. Visconti’s speaking fees are a donation to the DiversityInc Foundation. Here is a link to Mr. Visconti’s bio. We also accept direct donations.
The DiversityInc Foundation does not sponsor events or fund research and does not directly administer or grant scholarships.
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“Intelligence plus character – that is the goal of true education.”
Dr. Martin Luther King Jr.