ACSF Background
ACSF is modeled after the highly successful College Success Foundation (CSF), established by Bob Craves, a founder of Costco. Bob brought this idea to Governor Janet Napolitano to explore the possibility of replicating the foundation model in Arizona. Many community leaders joined in support of this effort, which is being directed by Don Budinger, Arizona business leader and founder of the Rodel Foundations and Frank Brady, community leader and former audit partner with Ernst & Young.
CSF was established in 2000 and over the past five years has provided $25 million in scholarships to 2,500 students and a total of $130 million in scholarships & mentoring programs.
CSF is in the process of creating a groundbreaking college scholarship initiative with one of its goals being to develop college scholarship foundations in each of the 50 states. Arizona, due to its strong commitment from leaders in both government and in the private sector, was selected as the first state to model this unique public/private partnership.