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American Proteins Gives to OTC Foundation for Alma Residents

American Proteins, Inc., through the Bagwell Family Foundation, has given $6,000 in total contributions to the Okefenokee Technical College Foundation to fund scholarships for students in technical college programs. Human Resources Manager for American Proteins, Inc., Jimmy Rice (right), presented the latest donation, $1,500, to Okefenokee Technical College President Dr. Gail Thaxton just before the holidays. American Proteins Donation

The donation will go toward three $500 Bagwell Scholarships for deserving OTC students who live in or near Bacon County. The contribution was made possible by Mr. and Mrs. Tommy Bagwell.

According to Thaxton, Forsyth County business and civic leaders Tommy and Chantal Bagwell established a $500,000 Bagwell Family Foundation Scholarship Endowment Fund in 2005 to provide scholarships for students attending technical colleges located near their family business locations. The family business, American Proteins, Inc., currently has two locations. A third plant, the Alma facility located on U. S. Highway 1, closed in 2009. Despite the closure, the Bagwells agreed to provide scholarship funds to students in this area again this year, making their cumulative contributions to the OTC Foundation total $6,000.

Scholarship recipients are chosen using the following criteria: financial need, proximity to the company’s operation sites, and probability of academic success. Additionally, recipients must pledge to give back to the college an amount equal to what they receive, a stipulation of the Bagwell Family Foundation that may be achieved over the student’s lifetime. Prior scholarship recipients are eligible to reapply for funding in subsequent years.

“We are extremely appreciative of the financial support demonstrated by the Bagwells, and we thank them for providing funds that enable deserving students to gain the skills and knowledge for a successful career,” stated Thaxton. “It is very generous and contributes to the overall economic success of the community.”

 

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