Chrysler Foundation Announces $50,000 Grant to the Hispanic Scholarship Fund

December 4, 2011 , Auburn Hills, Mich. -  The Chrysler Foundation has announced that it will provide a $50,000 grant to the Hispanic Scholarship Fund (HSF), the nation’s largest provider of college financial aid for Latino students. The grant, which will support Hispanic students that pursue a course of study that focuses on STEM (Science, Technology, Engineering and Mathematics) fields, also continues a longstanding relationship between The Chrysler Foundation and the HSF which began in 1986. Since that time, HSF has received 25 grants from the Foundation totaling more than $750,000.

The latest grant was announced by Fred Diaz, President and Chief Executive Officer - Chrysler de Mexico and Ram Truck Brand, Chrysler Group LLC during his keynote presentation at the Michigan Hispanic Chamber of Commerce’s annual Fiesta Hispana Gala in Dearborn, Mich. Friday evening.

“The future of our country, indeed, the future of Chrysler Group, more and more demands that we take an active role in supporting the development of highly motivated, highly trained technical leaders with diverse backgrounds,” Diaz said.“Chrysler is committed to ensuring that a diverse group of leaders drive the next era of innovation which fuels the country’s economic growth.”

Historically, Chrysler Group  has been recognized as a leader in promoting diversity throughout its enterprise. Its numerous achievements include being named to Hispanic Business magazine's annual Diversity Elite 60 for implementing strategies to reach more Hispanic customers and pursue more business with minority- and Hispanic-owned suppliers - a distinction the company has earned every year since 2009. 

In March 2011, the editors of DiversityInc magazine named Chrysler Group to the magazine's 2011 list of "Top 50 Companies for Diversity." This coveted annual benchmark is comprised of companies the magazine's editors believe are diversity-management leaders. This was the fifth year since the list was established in 2001 that Chrysler has been included. 

More recently, Chrysler Group was named among nation's "Top Supporters" of Engineering Programs of Historically Black Colleges and Universities, recognizing the Company's efforts in developing, recruiting and hiring talented students pursuing technical careers at the nation's minority-serving institutions.

About Hispanic Scholarship Fund
Founded in 1975, the Hispanic Scholarship Fund believes that the country prospers when all Americans have access to the opportunities a college education can afford. As the nation’s leading Hispanic higher education fund, HSF works to address the barriers that keep many Latinos from earning a college degree. HSF has awarded over $330 million in scholarships over the past 36 years and has supported a broad range of outreach and education programs to help students and their families navigate collegiate life, from gaining admission and securing financial aid to finding employment after graduation. HSF envisions a future where every Latino household will have at least one college graduate, creating an enduring impact on the college outlook of Latino families nationwide, and strengthening the American economy for generations to come. For more information about the Hispanic Scholarship Fund please visit: www.HSF.net.

About Chrysler Group LLC
Chrysler Group LLC, formed in 2009 to establish a global strategic alliance with Fiat S.p.A., produces Chrysler, Jeep, Dodge, Ram, Mopar, SRT and Fiat vehicles and products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler Group’s culture of innovation, first established by Walter P. Chrysler in 1925, and Fiat’s complementary technology that dates back to its founding in 1899.

Headquartered in Auburn Hills, Mich., Chrysler Group’s product lineup features some of the world's most recognizable vehicles, including the Chrysler 300 and Town & Country, Jeep Wrangler, Dodge Durango, Ram 1500, Jeep Grand Cherokee SRT8 and Fiat 500. Fiat contributes world-class technology, platforms and powertrains for small- and medium-size cars, allowing Chrysler Group to offer an expanded product line including environmentally friendly vehicles.

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