Grant to Support Franklin College Scholarships

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Franklin College has received a $20,000 grant from the Caterpillar Foundation. The funding is supporting student scholarships. Officials also say Caterpillar's Cat Reman division is continuing an internship program at Franklin. November 15, 2013

News Release

FRANKLIN, Ind. – Representatives of Cat Reman (remanufacturing) presented Franklin College officials with a $20,000 grant for student scholarships on Oct. 31. The grant was made possible by the Caterpillar Foundation.

This is the second grant the Caterpillar Foundation has awarded to Franklin College. An initial gift of $20,000 by the Caterpillar Foundation in 2012, established scholarships to assist four Franklin College students finance their education.

This year’s grant provides assistance for five students, all of which are Indiana residents: Isaac Beasley (Franklin), Leighton Gough (Connersville), Ethan Kegley (Franklin), Dylan Pasley (Porter) and Jordan Segner (Anderson).

Separate from the Caterpillar Foundation’s investment, Cat Reman, a division of global equipment manufacturer Caterpillar, Inc., continues its corporate partnership with Franklin College. The college’s Office of Career Services has partnered with Cat Reman to provide students with valuable internship opportunities. Since the partnership began in 2012, two student interns have been placed for credit at the Franklin facility. Cat Reman operates additional facilities in several other U.S. cities, and abroad, including the United Kingdom, Europe, Mexico and China.

Human Resources Manager Kevin Poad said, “Caterpillar is committed to the communities where its employees live and work. The Caterpillar Foundation’s focus on helping ensure students have access to a quality education is evidence of that.”

Poad added, “I have been continually impressed by the caliber of students and the college faculty at Franklin College. It is clear that Franklin provides a liberal arts education that also prepares students for successful careers in the real world.”

“The Franklin College corporate partnership with Cat Reman and the generosity of the Caterpillar Foundation have a significant impact on students,” said President James G. Moseley. “Making an investment in the growth and development of our young people supports a pipeline of promising talent who will contribute to the prosperity of Indiana, the region and beyond.

“Franklin College is immensely grateful for Caterpillar’s foresight and continuing support, which helps further our mission of producing graduates who will think independently, lead responsibly and serve with integrity in their professions and communities.”

Founded in 1834, Franklin College is a residential four-year undergraduate liberal arts institution with a scenic, wooded campus located 20 minutes south of downtown Indianapolis. The college prepares men and women for challenging careers and fulfilling lives through the liberal arts, offering its approximately 1,000 students 36 majors, 39 minors and 11 pre-professional programs. In 1842, the college began admitting women, becoming the first coeducational institution in Indiana and the seventh in the nation. Franklin College maintains a voluntary association with the American Baptist Churches USA. For more information, visit www.FranklinCollege.edu.Source: Franklin College