Ahead of the weekend’s Freedom 250 Grand Prix race in Washington, D.C., First Lady Melania Trump hosted an event Thursday to highlight her Fostering the Future initiative as IndyCar and Fox Corporation donated $2 million to fund scholarships at Indiana University and Purdue University.
Joining the first lady were President Donald Trump, Roger Penske, founder and chairman of the Penske Corporation, Doug Boles, president of IndyCar, and Eric Shanks, CEO and executive producer of Fox Sports.
The first lady touted the mission of one of her top initiatives of her husband’s second term, the Fostering the Future program.
“Our mission is simple yet transformational: provide every young person from the foster care community the chance to earn a college education, launch a meaningful career and achieve lasting financial independence,” Mrs. Trump remarked during the event in the Rose Garden Thursday afternoon.
The first lady argues that the program provides foster youth with independence, ultimately helping graduates break free of government assistance.
“Fostering the Future is more than an educational initiative, it is a generational investment in America’s talent pipeline. Every student who graduates strengthens our workforce, accelerates innovation, expands economic opportunity, and reduces long-term dependence on government assistance. The return on this investment is measured not only in lives changed for the better, but in stronger communities, a more competitive nation, and a future powered by American ingenuity,” she added.
Currently, 26 colleges and universities have established the Fostering the Future program, including Indiana University and Purdue University.
Boles delivered remarks during the event, highlighting the program and Indiana’s important role in expanding educational opportunities for foster youth.
“This partnership with Fostering the Future will open doors for our youth and honor two great educational institutions in our home state, Indiana University and Purdue University, by providing scholarships to allow these young adults to continue their education,” said Boles.
The White House event comes as tens of thousands are expected to descend on the nation’s capital for the historic car race scheduled for Aug. 22 and 23
