SIOUX FALLS, S.D. — Billionaire philanthropist Denny Sanford is donating $30 million to create college scholarships for students who have faced tough hurdles in their path to becoming successful learners, including those in South Dakota.
The money will start an endowment fund with the Horatio Alger Association. The organization provides scholarships to four-year universities across the country. Sanford picked seven South Dakota universities that winners can attend.
Association spokeswoman Meg Kane tells the Argus Leader students that are honored with tuition assistance sometimes grow up in single-parent households or families struggling with addiction or incarceration, some even caring for their younger siblings.
The schools in South Dakota include the University of Sioux Falls, Augustana University, University of South Dakota, South Dakota State University, Dakota State University, South Dakota School of Mines and Black Hills State University.
Information from: Argus Leader, http://www.argusleader.com