This week, Scholastic Shooting Sports Foundation made a donation of $246,500 to the MidwayUSA Foundation, Inc. The funds were deposited into the endowment accounts of 75 member teams of the Scholastic Clay Target Program and Scholastic Pistol Program representing 26 states.
The money was earned by the teams through participation in recent SCTP and SPP regional shoots. Of the total contribution, $216,500 was deposited into SCTP teams’ accounts and $30,000 went to SPP teams’ accounts.
This week’s donation brought SSSF’s total MidwayUSA Foundation contributions for 2014 to $1,751,645. SSSF has funded accounts for 273 teams in 40 states this year.
The purpose of the MidwayUSA Foundation endowment program is to provide sustained financial support for youth shooting teams. Teams with an endowment account are able to draw a grant each year to use for team expenses. SSSF regularly makes endowment funds available for SCTP and SPP events and contributes them to participating teams’ endowment accounts at the MidwayUSA Foundation. Since 2011, SSSF has donated funding to several hundred team endowment accounts across 48 states.