Ms. Carter is currently the CEO of the Shawn Carter Scholarship Foundation. The Foundation was established by her and her son Shawn Carter after her retirement. The Foundation was essentially formed because Ms. Carter wanted to create “something that would enhance the future of our young people.” The Shawn Carter Scholarship Foundation is unique in that it offers scholarships to single mothers, children who attend alternative schools, students who have earned a GED, students with grade point averages of 2.0 and students who have previously been incarcerated, etc. but desire a higher educational opportunity. This group is generally not the recipients of college scholarships and is typically ignored by the Board of Education. The Shawn Carter Foundation offers scholarship opportunities to any under-served student across the United States who desires a higher education. One of the key questions asked by the Foundation when students apply for a scholarship is: What are your plans to give back to the community?”.
The mission of the Shawn Carter Foundation is to help individuals facing socio-economic hardships further their education at institutions of higher learning.
The Shawn Carter Scholarship Foundation was conceived of in 2002 and officially established as a 501(c)3 public charity in 2003 by Shawn & Gloria Carter.With an original vision and mission to help individuals facing socio-economic hardships further their education at institutions of higher learning, Shawn and Gloria Carter kicked off the Foundation’s efforts by awarding one student with full college tuition in 2002. In 2003, the Foundation provided 50 scholarships to students in 50 different states. Since 2004 the Foundation has provided scholarships to a growing number of students from across the nation. In 2005, in addition to providing scholarship awards, the Foundation launched the Shawn Carter Scholarship Foundation College Tours. Since the Foundation’s inception, over 750 scholarship awards totaling over $1.7 million dollars have been distributed. The Foundation is currently on the precipice of growth and is reviewing its current grant-making priorities as it plans for expansion as the Shawn Carter Foundation.