Urban Financial Services Coalition Foundation Inc

Dare To Dream!

UFSC Foundation

Urban Financial Services Coalition Foundation

A 501c3 charitable organization

Our History

The Urban Financial Services Coalition Foundation, Inc. (UFSC Foundation) was established in 1999 to support the educational and community outreach initiatives of the Urban Financial Services Coalition (UFSC). As the primary funding source of higher education scholarships and community grants provided by UFSC chapters across the country, the UFSC Foundation champions diversity at every level of the financial services industry while promoting community development and economic empowerment for all segments of our population. 

UFSC Foundation Funded Programs

The UFSC Foundation supports the educational and community outreach initiatives of the Urban Financial Services Coalition (UFSC). Through donations from the organization and individual partners, we are able to fund programs carried out by UFSC national and chapter leaders across the country that support financial education, and promote personal professional development. Our goals are to lift the financial well-being of our communities and to increase the pipeline of minorities pursuing careers in the financial services sector.

UFSC Foundation Funded Programs

• MARK I business plan and Oratorical competitions. One-week summer is intensive for students pursuing undergraduate studies toward a career in financial services. 

• Scholarships are available for undergraduate and graduate students interested in financial services careers. 

• Community outreach programs. Financial education, credit counseling, first-time home-buying seminars, home maintenance counseling, and financial planning.

• Capital Formation and Technical Assistance. Education programs that help minority entrepreneurs initiate, enhance and expand business opportunities.

• Career Development. Professional education, mentoring, and sponsorship programs to support the success and advancement of minority professionals in the financial services industry. Additional information about UFSC, local chapters, and these programs can be found at www.ufscnet.org.

UFSC Foundation Scholarship Programs

Herbert Whiteman Jr. Scholarship  

The UFSC Foundation is proud to provide scholarships in memory of the late Herbert W. Whiteman, Jr., who served as UFSC president from 1992 through 1993. The Herbert W. Whiteman, Jr. Scholarship Fund was established to provide financial assistance to minority students attending an accredited college or university and pursuing an undergraduate or advanced degree (graduate or Ph.D.) in finance or business. Scholarships are awarded annually at the UFSC National Summit based on the availability of scholarship funding and applicant qualifications.  

Please note: 

• This scholarship is a non-recurring award.  

• This scholarship must be used within the 12-month period of the upcoming academic year.  

Award Criteria: 

• Minimum GPA: 3.0  

• Major course work – Business related (i.e., finance, accounting, economics, business, management,  business administration, marketing, law, technology, etc.)  

• Acceptance letter from accredited college or university and registration invoice or Bursar’s receipt.  

• Reference Letter – Letter of reference from a teacher or school official, community representative or current/previous employer. This letter should describe the applicant’s demonstrated ability in academics,  extracurricular activities, character, and leadership (on letterhead. One page maximum).  

• Candidate must submit a 400 – 500 word essay on “Excellence in Leadership – How Do You Personally  Exemplify the Quality?”  

Scholarship Candidates will be selected based on ranking in the following areas: 

Leadership: Candidates should be able to demonstrate character and leadership skills through their involvement in community organizations and/or through their place of employment.  

Career Goals: Preference will be given to those candidates electing to pursue a career in business, financial services, or a related industry. The candidate’s curriculum should reflect the stated career goal. 

Essay: Candidates will be judged on written communications skills.  

To apply for the Herbert Whiteman Jr. Scholarship, please send an email to ufsc@ufscnet.org.  

UFSC Support Foundation

Help us fund the programs that support the goals and dreams of students and our communities.  Click here to make a tax-deductible donation to UFSC  Foundation today!