Marine Corps Scholarship Foundation Receives $16.5 Million

Marine Corps Scholarship Foundation Receives $16.5 Million

The Marine Corps Scholarship Foundation in Alexandria, Virginia, has announced a $16.5 million gift from Capri Sun founder Hans-Peter Wild.

The largest single gift in the foundation's 53-year-history will provide direct scholarship support to more than three thousand children of U.S. Marines and Navy Corpsmen over the next decade. In addition to the need-based scholarships, Wild's gift will fund the development of new programs and services tailored to meet the evolving needs of military families, particularly those of wounded and fallen Marines. According to its wesbite, MCSF is the oldest and largest provider of need-based scholarships for military children and the only one providing dedicated support to children of Marines and Navy Corpsmen.

A German native, Wild took his family's business global in 1974 with the development of Capri Sun and sold the company, now located in Erlange, Kentucky, in 2014.

"Education is the most important thing you can give a child," said Wild. "While America has the best education in the world, it also has the most expensive education in the world. To help the children of Marines is a very good thing. The American military saved Germany from the Nazis. People forget so quickly what the Americans have done for us."

"Scholarship Foundation Announces Historic $16.5 Million Donation." Marine Corps Scholarship Foundation Press Release 01/07/2016.