W.R. & Floy A. Sauey Family Foundation History
The W.R. and Floy A. Sauey Family Foundation, incorporated in January, 1998, perpetuates the Founders’ desire for lasting community achievements through philanthropic giving.
The Board of Directors of the W.R. and Floy A. Sauey Family Foundation is comprised of three descendants of W.R. & Floy A. Sauey or themselves, one President of a Nordic Group Member Company and one other Nordic Group Executive.
The foundation focuses its support near locations of Nordic Group Member Company facilities.
The W.R. & Floy A. Sauey Family Foundation Focuses its Commitment and Support in Three Areas of Endeavor:
Advancing the Free-Market System
To promote the preservation of and increasing participation in the free-enterprise and free-market system, in locations of the facilities of Nordic Group of Companies, Ltd.
Educational Scholarships
To encourage associates and associates’ children of Nordic Group Member Companies to become well-educated individuals and to develop marketable, self-supporting skills by awarding annual scholarships to students who are children of the Nordic Group Member Companies associates.
- Two College Scholarships
$3,000 annually, renewable for up to four years, if the student remains eligible.
- One Music & Performing Arts Scholarship
$3,000 annually, renewable for up to four years, if the student remains eligible.
- Two Technical School Scholarships
$500 per semester, renewable for up to four consecutive semesters, if the student remains eligible.
- Hillsdale College Scholarship
$5,000 annually, renewable for up to four years, if the student remains eligible.
- Four Public Education (High School) Scholarships - Saltillo, Mexico
Currently offered for two children of Seats Mexico associates and two children of Plasticos Flambeau associates in Saltillo, Mexico. Scholarships are for full coverage of all annual expenses (approximately $1,000 USD per student) and is renewable for two to three years depending on the particular track a student is on according to the structure of the Mexican Education System.
Support Local Charities
To promote the quality of life for local communities in which the Nordic Group Member Companies have operations through a focus on child and family issues. The foundation has a particular interest in causes and organizations that have a direct impact on families of Nordic Group Member Companies.
