First lady Melania Trump announced a $2 million scholarship initiative through her Fostering the Future initiative on Thursday, part of a landmark strategic alliance with Fox Corporation and IndyCar that is expected to expand academic opportunities for individuals transitioning from foster care.Fox Corporation is co-funding the initiative, contributing $1 million alongside IndyCar’s $1 million pledge.The funds directly create higher education scholarships at Indiana University and Purdue University specifically for young people with lived experience in the foster care system.The pact was announced at the White House ahead of the inaugural Freedom 250 Grand Prix of Washington, D.C., scheduled for this Saturday and Sunday, highlighting the strong connection between education and sport. FOX NEWS DIGITAL THUMPS ALL NEWS BRANDS INCLUDING BROADCAST NETWORKS IN KEY PERFORMANCE INDICATORS DURING JULYFirst lady Melania Trump (Finn Gomez/Getty Images)"The greatest achievement America can make is not in technology, infrastructure or capital markets.
It’s our children," Melania Trump said during the event. President Donald Trump and the first lady were joined by FOX Sports CEO Eric Shanks, Penske Corporation chairman Roger Penske, IndyCar president Doug Boles, Indiana University president Dr.Pamela Whitten, Purdue University vice provost Cherise Hall and IndyCar Series drivers Scott Dixon, Alexander Rossi, Scott McLaughlin and Graham Rahal, and youths with foster care backgrounds for the Rose Garden event.Shanks, an Indiana native who attended Indiana University, and Boles presented the first lady with checks at the event. "Through work that we do every day at FOX Sports, we believe in investing in the future of America.
Today, that commitment takes on an entirely new meaning, on behalf of Fox Corporation and our entire team at FOX Sports, we are extremely excited to partner with first lady Melania Trump and her visionary Fostering the Future initiative to fund schol...