Mr. Speaker, I rise today to recognize the accomplishments and the impact of Helios Education Foundation on the success of all students in Arizona and Florida. I also want to congratulate Helios Education Foundation on celebrating 10 years…
Mr. Speaker, I rise today to recognize the accomplishments and the impact of Helios Education Foundation on the success of all students in Arizona and Florida. I also want to congratulate Helios Education Foundation on celebrating 10 years of changing lives and strengthening our communities through education.
Helios Education Foundation was created in 2004 through the sale and conversion of Southwest Student Services Corporation led by a visionary President and CEO, Vince Roig, and Board of Directors. At the time of the sale, Southwest Student Services was the eighth largest holder of federally-insured student loans in the country. The net proceeds of that sale were used to create the Foundation's initial endowment of $525 million.
Since that time and in perpetuity, the Foundation has and continues to be focused on its ultimate goal of creating opportunities for every individual in Arizona and Florida to succeed in postsecondary education. Helios is investing its knowledge, expertise and resources to advance student academic preparedness and to foster college-going cultures in both states.
It's through a decade of strategic partnerships and investments that Helios has identified Early Grade Success, College and Career Readiness, and Postsecondary Completion as the three most critical reform priorities needed to ensure student success. In Early Grade Success, Helios is working to ensure that all children enter kindergarten prepared to succeed and read at grade level by the end of third grade. In College and Career Readiness, the Foundation strives to ensure that all high school graduates are prepared to enter the workforce or credit-bearing college courses. And, the organization's work in Postsecondary Completion is focused on helping more traditionally underserved students access, persist and attain a high- quality postsecondary certificate or degree.
Helios Education Foundation believes that education is an investment and not an expense and has invested over $155 million in educational initiatives across the full education continuum. To that end, the Foundation has supported the college-going aspirations of more than 135,000 students, provided more than 8,000 scholarships for postsecondary education and provided professional development and training for more than 16,000 educators. Through these and future investments, Helios is laying the foundation for the ongoing
economic viability of our communities and paving the way for our students to compete and succeed in a global workforce.
Mr. Speaker, I ask my colleagues to join me in recognizing Helios Education Foundation for serving our communities, and in particular, I commend its Founder and Chairman, Vince Roig, for his passion and commitment to this work. In addition, I congratulate Helios Education Foundation's Board of Directors and Staff for the tangible and critical impact the Foundation has had over the past 10 years. Most importantly, I am excited about the long-lasting and transformative change Helios Education Foundation will have on our community in perpetuity through education.