Pinnacol Foundation Scholarship Applications Due March 31

Injured Workers’ Children Receive $5,000 on Average


DENVER, January 14, 2011 – The Pinnacol Foundation, which provides scholarships to the children of Colorado’s injured workers, is now accepting applications for the 2011-2012 school year. The application deadline is March 31, 2011

The Foundation provides scholarships to children whose parents have been killed or seriously injured in work-related accidents. The funds can be used for college or vocational training. This year, the scholarship is being expanded to include funding for graduate school.

“A workplace accident can have a devastating impact on a family,” said Carole Sumption, chair of the Pinnacol Foundation. “Oftentimes children must forego their dreams for a post-secondary education in order to help care for the disabled parent or to support the household. Our scholarship helps to make their educational dreams a reality.”

Since its inception in 2000, the Pinnacol Foundation has awarded more than $1.3 million to students for college or vocational training. Scholarships are funded through the generous donations of Pinnacol stakeholders and other friends of the Pinnacol Foundation. Award amounts vary, and this year the average scholarship amounts have been raised from $3,000 to approximately $5,000 for each school year. The funds can be used at any accredited institution recognized by the U. S. Department of Education.

To qualify, a student must be the natural, adopted, step-child or full dependent of a worker killed or seriously injured in a compensable work-related accident while employed by a Colorado-based company, regardless of insurance carrier. The applicant’s academic achievement, aptitude, extracurricular activities, financial need and community service are considered. Grade point average is reviewed in light of each applicant's personal situation. Students must be between the ages of 16 and 25 at the time of application.

Visit the Pinnacol Foundation website to fill out the online application, send us an email or call 303.361.4775 for more information.

About the Pinnacol Foundation
The Pinnacol Foundation was established as a charitable nonprofit entity with seed money from Pinnacol Assurance, Colorado’s leading provider of workers’ compensation insurance. Pinnacol Assurance administers the program and relies on donations to help support the scholarships.

Contact:
Pinnacol Foundation
Office: 303.361.4775
pinnacol.foundation@pinnacol.com