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Scholastic Foundation
Warren Young, Sr., Scholastic Warren Young Fellow
Foundation One ongoing source of financial support for
NAAA established a scholarship fund in the foundation is the Warren Young Fellow-
2004 to help deserving students pursue ship. A Fellow is an individual who donates
their dreams of a higher education by $2,500, or in whose honor or memory a
awarding $52,000 in merit scholarships contribution is made in that amount, to
annually to 12 eligible full-time employees support the nonprofit scholarship organiza-
of NAAA member auctions or corporate tion. At its discretion, NAAA may award this
offices, their children or grandchildren. lifetime honor in recognition of dedication,
Recipients are selected on a variety of service and contributions to the association
qualifications, including academic record, and the industry. Warren Young Fellows
leadership skills, honors, goals and aspi- receive a framed commemorative certificate,
rations, work experience, and community a gold medallion and have their names
involvement. Named in honor of Warren engraved on a plaque with the other
Young, Sr., a pioneer of the auto auction esteemed Fellows that is displayed at NAAA
industry who retired after 35 years of service headquarters near Washington, D.C.
to his profession and the association, the
Scholastic Foundation has raised more than
$2.3 million to become a self-sustaining
nonprofit organization.
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