In 1784, Benjamin Franklin received a letter from an old friend, Benjamin Webb, requesting Franklin's financial assistance. Being of limited means, Franklin was hesitant to comply with his friend's request, but ultimately agreed to help, but only under one condition--that his friend repay the debt, not to Franklin, but to someone else in similar need. He reasoned that his investment would then help not just one person, but would continue to help many until the rogue who might break the chain of these good deeds. This charitable gesture has become better known today as "Paying Forward" an act of kindness/charity or simply, "Paying it Forward".
By accepting a scholarship award from the Blue White Scholarship Foundation, the scholarship recipient agrees to make a non-binding pledge to return the good favor of the scholarship award and "Pay It Forward" to another BWSF scholarship recipient at some time in the future.
Our Scholarship Foundation has started a tradition of holding an annual Franklin Pledge ceremony where our newest scholarship recipients make a non-binding pledge to "Pay It Forward".
The genius of Benjamin Franklin inspired volunteer firehouses, free libraries, institutions of higher learning, and most importantly-- the "Pay It Forward" Pledge.
The Pledge originated when Benjamin Webb, a friend of Franklin's, asked Franklin to loan him money. Franklin declined to lend him the money - rather he offered to give Webb the needed funds, but under one condition--that Webb had to "Pay it Forward" and help a future person in need.
In Franklin's honor and memory, BSWF includes the Pledge to instill in our scholarship recipients a tradition of giving to others in need, in a similar way as they are helped.
The Greatest Investor Ever!
Learn Why ...
"Pay It Forward" Pledge
BSWF Scholar Challenge
The History Behind Our Pledge Ceremony
Support our pledge ceremony and become a corporate sponsor and help teach our student a life lesson of "Paying It Forward".