The Jim and Margaret Krum Foundation has set aside $8.4 million to provide college and graduate-school scholarships for local students. Carolyn Torgersen, a spokeswoman for the Community Foundation of the Lowcountry, said that it is the largest legacy gift a fund under the Community Foundation's umbrella has received.
Martin Cohn, chairman of the new foundation's board said that the scholarships are awarded to students who excel in school, are ambitious and are active in community service.
A customized collection of grant news from foundations and the federal government from around the Web.
Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.