My Hometown Heroes, Inc. has secured $5,000 in new investment, enhancing its capacity to support young adult cancer survivors. The 501(c)3 organization is dedicated to providing scholarships for individuals aged 17 to 39 who are pursuing a college education after surviving cancer. This funding round directly contributes to its mission of financially assisting and recognizing these students.
Since its inception in 2011, My Hometown Heroes has awarded 44 scholarships across the United States through 2016, with individual allocations ranging from $1,000 to $5,000. The organization's work addresses a critical need, as over 70,000 young adults between 15 and 39 are diagnosed with cancer each year. This demographic often faces significant financial burdens, with cumulative student debt for college-bound cancer survivors projected to exceed $5 billion between 2016 and 2020.
The recently secured capital will be strategically deployed to directly fund additional scholarships and support the operational initiatives necessary to expand the organization's reach. By fostering community outreach, collaboration, and creative engagement, My Hometown Heroes aims to inspire its recipients with stories of hope and progress, ensuring survivors have the financial assistance needed to pursue their academic goals.
This funding marks a step towards My Hometown Heroes' ambitious long-term objective. The organization is committed to its goal of awarding a total of $1,000,000 in scholarships by 2020, continuing its efforts to alleviate financial barriers for young adult cancer survivors pursuing higher education.
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