The Racine Foundation seeks to stimulate the culture and economy of New Orleans
by concentrating on three major industry groups:
Since its early days, New Orleans has been a coveted stop for visitors. As a major player in the economic growth of the city, the hospitality and tourism industries stand out as those that warrant support. By promoting the education of young professionals through scholarship programs and mentorship, The Racine Foundation seeks to encourage the growth and longevity of these industries, and in turn the city of New Orleans.
New Orleans' history, life, and culture are fueled by the music and art that mold, encompass and surround it. Through mentorship and grants, The Racine Foundation encourages musicians and artists to grow and perfect their skills while spreading their knowledge to New Orleans youths and communities.
It's no coincidence that New Orleans sits on the banks of The Mississippi River. From its conception, the city has been of and about the water. Trade, transport and recreation all have deep seated connections to the rivers, lakes, and waterways throughout and surrounding the city. By supporting the businesses that run on and by the water, The Racine Foundation seeks to help them evolve with the ever changing environmental and business landscapes. In turn, this guarantees their success, longevity, and stimulation of the city's economy.
Racine is the French word for "root" and The Racine Foundation honors that namesake by staying focused on the roots of New Orleans: its people, its culture, and its landscape. Racine's founding officers, all professionally involved in New Orleans tourism and hospitality, felt there was a way to promote the future of New Orleans' culture and economic stability through the support and education of the city's work force. This, in addition to a focus on keeping relevant and prosperous the waterways of New Orleans, a large source of revenue both past and present, sums up what The Racine Foundation is based on and in late 2014 Scott T. Schenck, President; Nathan D. Gaarder, Vice President; and Carol B. Schenck, Treasurer, began the process of legitimizing the organization. Today that process stands completed and with several initiatives already in motion and charity events on the books The Racine Foundation is charging forward for the sake of a great city.
Congratulations to Leo Orellana, our first Racine Scholarship recipient!
In 2015, The Racine Foundation sponsored its first student entering the hospitality field. The program, consisting of two years at Delgado Community College and a final two at the University of New Orleans will result in a degree in Hospitality Management for our debut pupil. What separates this and future scholarships awarded by The Racine Foundation from most is that recipients are not awarded based on past academic achievements and performance. Although such things are taken into account, recipients are chosen based on the recommendation of teachers, supervisors, and/or employers, current or former, designating them as strong candidates for success. Many young men and women succeed at academics at an early age and, in turn, there are many opportunities and programs available to them. However, Racine seeks to encourage the individual who is capable of academic success yet has never had the stimulus or fitting opportunity to demonstrate it. In short, Racine looks for the drive to succeed, which often comes later in life for many talented individuals.
The Racine Foundation has several fundraising events planned for the coming year ranging from benefit galas to all day concerts to boat races on the canals of Lake Pontchartrain. All our events benefit not only The Racine Foundation but several other great organizations throughout New Orleans. Visit our News & Events page for details. We hope to see you there!