logo
Growth Fund

Growth Fund

'We're closing the restaurant tomorrow.'
That announcement was Erin Hollingsworth's fork in the road.
'I remember thinking, 'Is this really what I want to do with the rest of my life?'' Hollingsworth said of continuing her foodservice career back in 2007. 'I started looking at other jobs and learned everything required a degree.'
It wasn't the first time life had thrown Hollingsworth a curveball. Two years earlier, she'd discovered she was pregnant after her first semester in college.
'I kind of figured no more college at that point, so I started waiting tables,' explained Hollingsworth. 'I did really well and worked my way up to front house manager.'
During Hollingsworth's early restaurant days, a coworker mentioned a scholarship program helping single parents cover expenses while earning their degree. It wasn't the right time.
'She gave me all the information I needed, and I decided to complete an application.'
Erin Hollingsworth
But when the restaurant's doors closed, Hollingsworth was ready to open a new one – for herself and her two-year-old son, Connor.
On the other side? Kim, an Admissions counselor at the Single Parent Scholarship Fund of Northwest Arkansas 'She gave me all the information I needed, and I decided to complete an application,' said Hollingsworth.
People who apply for these scholarships come from all walks of life,' said Stan Rodgers, a Commercial Banking relationship manager with Regions and 14-year volunteer with the Bentonville-based nonprofit scholarship fund. 'What they share is being at a place of not having the resources to do what they'd like with their education. Single Parent Scholarship Fund offers a team to help.'
Rodgers' role with that team involves serving as a community advisor and first-round scholarship interviewer. Regions Bank has also lent its support to Single Parent Scholarship Fund, donating over $25,000 during the past three decades.
Connecting with scholarship applicants is especially personal for Rodgers. He grew up in a single-parent home.
'I worked two to three jobs at a time to help put myself through college,' he said. 'What Single Parent Scholarship Fund does is offer a full service, 'How do we help you achieve your dreams?' model for students doing the same.'
'We received a donated car we were able to give a student who desperately needed it.'
Krystle Goodwin will tell you she regularly sees dreams come true, including an especially memorable one her first day on the job at Single Parent Scholarship Fund.
'We received a donated car we were able to give a student who desperately needed it,' said the Public Relations and Diversity director. 'It just doesn't get any better than that.'
While the car was a rare gift, every day, Single Parent Scholarship Fund is providing students with essentials beyond their scholarship, including:
Goodwin and her fellow Single Parent Scholarship Fund teammates also occasionally provide other gifts. Priceless ones.
'There was a point where I was just frozen with fear,' Hollingsworth said of facing financial struggles. 'In that moment, someone gave me a bit of tough love; it was the push I needed. This team offers a unique blend of what students need by being compassionate, fun and encouraging.'
Hollingsworth credits that encouragement with motivating her to not only earn a bachelor's degree in psychology, but also a master's in higher education.
Seeing students like Hollingsworth succeed is what inspires Rodgers to offer support. Each year, he leverages Regions' matching gifts program to double his personal donation.
'The stories we hear are life changing,' said Rodgers. 'There are a lot of tears shed during interviews. We're seeing people achieve what they might have thought was impossible. You're not affecting one person's life, you're affecting generations.'
Hollingsworth also believes it's important to give back to Single Parent Scholarship Fund. She shares her journey of formerly receiving food stamps to now working in marketing for a Fortune 500 company. Seven years ago, she experienced a full circle moment while doing so.
'The stories we hear are life changing. There are a lot of tears shed during interviews. We're seeing people achieve what they might have thought was impossible.'
'I was invited to speak at a student and donor luncheon at a hotel,' Hollingsworth said. 'I used to be a server at that hotel; I worked events like that luncheon. But that day, I was actually up on stage, speaking at that luncheon, sharing my story.'
Hollingsworth's son, Connor, is now 19 – the same age she was when she discovered she was pregnant. He's currently enrolled in his first semester of college.
'Connor sees the value of education,' said Hollingsworth. 'He tells me, 'You did this on your own,' but he was with me on this path. The kid is proud of me.'
And Hollingsworth is proud of herself as she reflects back on that day she opened the door to Single Parent Scholarship Fund's office.
'I initially applied to settle a curiosity,' she said. 'I had a little bit of 'imposter syndrome' and guilt that I shouldn't be asking for this money. I didn't think I'd make it through one semester, and now I have a master's degree. If you would've told young Erin she would have a master's degree, I'd say, 'What universe are you coming from?''

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Habitat for Humanity begins construction on Southfield housing duplex
Habitat for Humanity begins construction on Southfield housing duplex

Yahoo

time37 minutes ago

  • Yahoo

Habitat for Humanity begins construction on Southfield housing duplex

The Brief Two families will occupy the duplex in the 20000 block of Westland Drive through the nonprofit Habitat for Humanity of Oakland County. Rochester Hills-based Foundation Systems of Michigan is partnering with the nonprofit to build a home for deserving families. The build marks the second Detroit-area build of 2025 for Habitat for Humanity. SOUTHFIELD, Mich. (FOX 2) - Construction started Wednesday for a good cause on a new Southfield affordable housing duplex. Two families will occupy the duplex in the 20000 block of Westland Drive through the nonprofit Habitat for Humanity of Oakland County. Local perspective Rochester Hills-based Foundation Systems of Michigan is partnering with the nonprofit to build a home for deserving families. "Oh, it's great. It's awesome. We get an opportunity to be able to volunteer our time and help," said Phil Puchalski, of Foundations Systems of Michigan. "I know it goes to a good cause, and it feels good to get out and do some work for people." The build marks the second Detroit-area build of 2025 for Habitat for Humanity. When complete, the duplex will be the fourth out of six similar homes on Westland Drive. "It's a great partnership to help the community and the people who will live here," said Bill Pacheco, Foundations Systems of Michigan. "There are some volunteer hours for the homeowner that purchases it." Big picture view The future homeowners will put in sweat equity, hundreds of volunteer hours to help build this duplex. Families in the program will also participate in numerous workshops and their income must fall in a certain range. The goal is to empower families through affordable homeownership and revitalizing the neighborhood. "It really does take a village, and we're so excited to have a village invested in the mission for Habitat for Humanity of Oakland County," said Ashley McKenna, of Habitat for Humanity of Oakland County. What's next The home is expected to be built by the end of the year. The Source Information from press release and interviews with Habitat for Humanity of Oakland County and Foundation Systems of Michigan was used while reporting the story.

Faraday X to Host Private Preview & Co-Creation Event for FX Super One Product Launch on June 29, Commencing FX's Product Execution and Launch Season
Faraday X to Host Private Preview & Co-Creation Event for FX Super One Product Launch on June 29, Commencing FX's Product Execution and Launch Season

Business Wire

timean hour ago

  • Business Wire

Faraday X to Host Private Preview & Co-Creation Event for FX Super One Product Launch on June 29, Commencing FX's Product Execution and Launch Season

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ('Faraday Future', 'FF' or the 'Company'), a California-based global shared intelligent electric mobility ecosystem company, today announced the private preview and co-creation event for the much-anticipated first product from its Faraday X (FX) brand, FX Super One, will be held on Sunday, June 29, 2025, at 5:30 PM PT. This exclusive event marks the official commencement of FX's product execution and launch season. FX Super One is more than just a mode of transportation; it's a lifestyle statement. Designed for families, celebrities, entrepreneurs, and industry leaders, it reimagines luxury mobility by seamlessly uniting identity, space, and ceremony. The launch event, which will be held in the Los Angeles area, is tailored for five key groups: FF's stockholders and investors; B2B sales partners and prospects; global supply chain partners; media; key opinion leaders (KOLs) and influencers; and Co-Creation officers. This intimate preview will offer attendees a first-hand look at FX Super One's innovation, design philosophy, and market vision, while fostering meaningful co-creation among the minds shaping the product's next phase. Following this event, the Company will host another large-scale public launch event on July 17, the Super One First Online Global Product Launch, open to audiences worldwide. The FX Super One, an affordable mass market AI-MPV, is anticipated to have the first vehicles off the line by the end of 2025. Offering a spacious, meticulously crafted interior with high-end materials and advanced technology, the FX Super One prioritizes passenger comfort with a host of features including spacious seating, ambient lighting, and premium entertainment systems to name a few. If you're interested, we warmly welcome you to sign up for these launch events by visiting Space is limited. ABOUT FARADAY FUTURE Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company's mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future's flagship model, the FF91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit FORWARD LOOKING STATEMENTS This press release includes 'forward looking statements' within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words 'plan to,' 'can,' 'will,' 'should,' 'future,' 'potential,' and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the Super One MPV, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company's ability to secure necessary agreements to license or produce FX vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company's ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; and the Company's ability to secure necessary permits at its Hanford, CA production facility; the potential impact of tariff policy; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to cover future warranty claims; the Company's ability to use its 'at-the-market' program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of the Company's Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC.

Faraday X to Host Private Preview & Co-Creation Event for FX Super One Product Launch on June 29, Commencing FX's Product Execution and Launch Season
Faraday X to Host Private Preview & Co-Creation Event for FX Super One Product Launch on June 29, Commencing FX's Product Execution and Launch Season

Yahoo

timean hour ago

  • Yahoo

Faraday X to Host Private Preview & Co-Creation Event for FX Super One Product Launch on June 29, Commencing FX's Product Execution and Launch Season

LOS ANGELES, June 12, 2025--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future", "FF" or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the private preview and co-creation event for the much-anticipated first product from its Faraday X (FX) brand, FX Super One, will be held on Sunday, June 29, 2025, at 5:30 PM PT. This exclusive event marks the official commencement of FX's product execution and launch season. FX Super One is more than just a mode of transportation; it's a lifestyle statement. Designed for families, celebrities, entrepreneurs, and industry leaders, it reimagines luxury mobility by seamlessly uniting identity, space, and ceremony. The launch event, which will be held in the Los Angeles area, is tailored for five key groups: FF's stockholders and investors; B2B sales partners and prospects; global supply chain partners; media; key opinion leaders (KOLs) and influencers; and Co-Creation officers. This intimate preview will offer attendees a first-hand look at FX Super One's innovation, design philosophy, and market vision, while fostering meaningful co-creation among the minds shaping the product's next phase. Following this event, the Company will host another large-scale public launch event on July 17, the Super One First Online Global Product Launch, open to audiences worldwide. The FX Super One, an affordable mass market AI-MPV, is anticipated to have the first vehicles off the line by the end of 2025. Offering a spacious, meticulously crafted interior with high-end materials and advanced technology, the FX Super One prioritizes passenger comfort with a host of features including spacious seating, ambient lighting, and premium entertainment systems to name a few. If you're interested, we warmly welcome you to sign up for these launch events by visiting Space is limited. ABOUT FARADAY FUTURE Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company's mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future's flagship model, the FF91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit FORWARD LOOKING STATEMENTS This press release includes "forward looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "plan to," "can," "will," "should," "future," "potential," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the Super One MPV, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company's ability to secure necessary agreements to license or produce FX vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company's ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; and the Company's ability to secure necessary permits at its Hanford, CA production facility; the potential impact of tariff policy; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to cover future warranty claims; the Company's ability to use its "at-the-market" program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Company's Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC. View source version on Contacts Investors (English): ir@ Investors (Chinese): cn-ir@ Media: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store