August 5, 2017
Dear friends,
When I attended college in the mid 1980’s it was possible to work long, hot hours on a local
ranch during the summer and still be able to pay for the majority of tuition, room, and meals for
the following school year. I graduated from college with very little student loan debt. Roll time
forward. Today, if a student were working ten, 40 hour weeks during the summer, they would
need to be paid $55 per hour to afford a year of college related expenses. It is my guess that
there are not any $55 per hour summer jobs like this available for our local students.
The reality is that today’s students need monies (with their own earnings, scholarships, grants,
and loans) to help them pay for their college education. Since 1928, we have helped by loaning
5,722 students over $39 million in interest free loans to pursue vocational and academic studies.
At Whitney, we are also keenly mindful that education cannot be valued in just dollars.
Educational support, friendships, and personal & mentoring experiences are definitely key
components for a well-educated and informed student citizen to meet the challenges of life. We
know that current college students need financial assistance and access to money to pursue
their dreams.
Whitney often receives monies from persons who value and appreciate Mr. Whitney’s and his foundation’s commitment in
assisting needy and worthy youth with interest free student loans. These monies gifted to Whitney go to supporting our
interest free student loan program and or paying down a student’s loan debt.
When you commit to a tax deductible donation, you provide these students with consistent and dependable funds and
allow for Whitney to plan ahead and increase the scope of our community work. You also receive the benefit of knowing
that you are directly and positively impacting the life of a local student like you once were. Think about this and give me a
call with your thoughts or if I can answer any questions.
With Whitney regards,
Patrick Henderson
Whitney Benefits Executive Director
Executive Director’s Message
An Educational Foundation by the late Mr. Edward A. Whitney
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Phone: 307-674-7303