Michaels Organization Awards Over $190,000 In Grants to Students at its Affordable Housing Communities

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By Anuradha Kher, Online News Editor Marlton, N.J.–The Michaels Organization recently awarded more than 70 educational grants to aspiring students who reside at its affordable housing communities. The grants can be used by the recipients to pay tuition costs at any accredited college, university, or vocational training program in the country. “We are very proud to be […]

By Anuradha Kher, Online News Editor Marlton, N.J.–The Michaels Organization recently awarded more than 70 educational grants to aspiring students who reside at its affordable housing communities. The grants can be used by the recipients to pay tuition costs at any accredited college, university, or vocational training program in the country. “We are very proud to be able to give back to the communities where we own and manage properties in this very tangible way,” says John O’Donnell, chief operating officer of The Michaels Organization.  The grants, totaling $193,500, are administered through the Interstate Realty Management Educational Foundation, a non-profit entity created in 1991 by The Michaels Organization’s Chairman and CEO Michael J. Levitt. Since then, the foundation has distributed more than $2.2 million in educational grants to more than 1,100 residents at properties owned or managed by Michaels Development or its sister company, Interstate Realty Management. Five years ago, the program expanded to include the five military installations where Michaels Military Housing develops and manages family housing for Army and Air Force personnel.  “Mike Levitt and his wife Pat, who match every dollar raised through private donations two-to-one, are strong believers that education is the key to succeeding in life, and they are delighted to have this opportunity to help students pursue their dreams,” says O’Donnell. This year’s recipients reside in communities throughout the Michaels portfolio, which comprises 250 properties across 27 states and military bases in Arizona, Kansas, Florida, and Maryland. The students receive awards ranging from $1,500 to $3,500, which are sent directly to the institution of higher learning for use toward educational expenses. Scholarships are awarded annually, and students may reapply each year for continuing grants.  

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