Empowering
Our Family
George W Banks Scholarship Foundation
Welcome to the George W Banks Scholarship Foundation, a family-focused organization dedicated to helping BGP family members through educational scholarships. We believe in the transformative power of education, and our goal is to provide financial support for academic pursuits, fostering growth, success, and unity within our family network.
About the Foundation
The George W Banks Scholarship Foundation was established in 1992. The founding of the scholarship program was to benefit the members of the Banks, Gregory, and Powell (BGP) families. The founding incorporators were Alton Gregory, Sylvia Powell (Whitlock), Lorenzo Banks, and George W Banks. In addition to these key members, many others played an important role in the initial development of the Foundation.
Program Refresh and New Direction
More than thirty years have passed since the inception of the George W Banks Scholarship Foundation (originally named Banks, Gregory, Powell Scholarship Foundation). Members agreed to change the name to its current name in 2010. Recognizing the need for growth and adaptation, the Foundation has refreshed its program. A new look and updated award selection process has been initiated. The Foundation has shifted from a "Pay to Receive" scholarship structure to a merit-based awards model. This change is designed to recognize and reward achievement and commitment, rather than eligibility tied to donation timing.
Commitment to Success
The continued success and impact of the Foundation rely on the collective commitment of the entire BGP family. Donations are our only source of funding and are encouraged by all family members, not just those with current high school students. Every BGP family member is asked to recommit to the Foundations mission of furthering the prospects of BGP family members.