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 served asa trustee for nearly 10years and waschair of the institutional advancementcommittee.
- New Jersey City University, Jersey City, N.J.: DiversityInc Endowed Scholarship. Mr. Visconti has beena board member since 2006and is on the audit and real estatecommittees.
- Rutgers University, New Brunswick, N.J.: DiversityInc Endowed Scholarship and endowed scholarship in the Newark andCamden Education Opportunity Fund. Mr. Visconti wasa trustee for sixyears and presently serves on the Board of Overseers.
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.