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Key people at 101 Fund.
The 101 Fund is a Princeton, New Jersey-based non-profit organization that provides need-based college and vocational school scholarships to graduates of Princeton High School. The organization targets financial assistance toward the approximately 10% of the student body that qualifies for free or reduced-price lunch, with a specific focus on first-generation college attendees. Over its operating history, the fund has distributed more than $1 million in total financial aid to support students through their first four years of higher education. During the 2020-2021 academic year, the organization awarded $122,762 in scholarship funding to 67 individual students. The entity finances its operations through annual appeals, grant writing, and community fundraising events, operating alongside broader regional financial aid programs managed by institutions like Princeton University. The 101 Fund was founded in 1970 by an unnamed Princeton High School secretary.
Based on the search results provided, 101 Fund is not a venture capital or investment firm—it is a need-based college scholarship fund serving high school graduates.
The 101: Fund is a scholarship organization that has provided need-based college financial aid to Princeton High School (PHS) graduates for over 50 years.[4] Founded in 1970 by a school secretary under the original name Princeton Regional Scholarship Foundation, the fund was rebranded in 2008 with its current logo and name.[4] The organization operates as a volunteer-powered initiative focused on expanding access to higher education, particularly for first-generation college students.[4]
The fund's mission centers on removing financial barriers to college attendance. During the 2020-21 school year, the 101: Fund distributed $122,762 in scholarships to 67 students across various years of college study, with particular emphasis on supporting students attending community colleges like MCCC.[4] Many recipients are the first in their families to pursue a college degree, underscoring the fund's commitment to educational equity.[4]
The 101: Fund emerged from grassroots initiative when a Princeton High School secretary founded the Princeton Regional Scholarship Foundation in 1970.[4] What began as a localized effort to support graduating seniors evolved into a sustained scholarship program spanning five decades. The organization underwent a rebranding in 2008, adopting the streamlined "101: Fund" name and logo that better reflected its identity and mission.[4]
The fund's sustainability relies on volunteer leadership and community engagement:[4]
Over its 50-year history, the 101: Fund has distributed more than $1 million in total aid to PHS seniors.[4]
The 101: Fund operates distinctly outside the venture capital and private equity ecosystem described in the other search results, serving instead as a community-based educational philanthropy organization.
Key people at 101 Fund.