SOURCE: The Matthew Gaffney Foundation

March 06, 2006 12:46 ET

The Matthew Gaffney Foundation Receives Grant From The Near & Far Aid Association

STAMFORD, CT -- (MARKET WIRE) -- March 6, 2006 -- Dr. Margaret G. Benedict, Executive Director of the Matthew Gaffney Foundation, announced today that the Foundation has been awarded a grant from The Near & Far Aid Association, Inc. The grant will be used to help fund Gaffney Foundation fellowship students through the college preparation, application and approval process.

Susan Bonner, President of The Near & Far Aid Association, in announcing the grant said, "The Matthew Gaffney Foundation is a unique, hands-on organization that has developed a proven system that helps economically disadvantaged students gain acceptance to top colleges and universities, compete at the college level, and prepare them for productive careers. We are proud to support this fine organization."

"We are thrilled to have the recognition and support of The Near & Far Aid Association," responded Dr. Benedict. "This grant plus others we have received will allow us to continue to help deserving, motivated students gain acceptance to such schools as Lehigh University, University of Connecticut, University of Pennsylvania, University of Vermont and others."

A total of 16 Gaffney Fellows have been assisted by the Foundation over the past 3 years and virtually all have received full scholarships. Some of the current Fellows in the program and members of the Matthew Gaffney Foundation Board of Directors are pictured on the following page:

About The Matthew Gaffney Foundation: The Matthew Gaffney Foundation was founded in 2002 by Dr. Margaret G. Benedict who for the past decade has been preparing students for SATs and helping them with the admissions process through her for-profit company, College Preparation Services. The Foundation was incorporated and received its 501(c) designation in February 2004. The objective of the Foundation is to serve motivated high school students who do not have the funds to prepare for the SAT exams nor access to the guidance needed to navigate the college process -- getting in and staying there. A total of 16 Gaffney Fellows have been assisted by The Foundation over the past three years.

About The Near & Far Aid Association, Inc.: The Near & Far Aid Association is an all-volunteer fund-raising and fund-granting organization dedicated to meeting a broad range of critical needs programs that support thousands of needy people in Fairfield County, Connecticut. Near & Far Aid grants help provide aid to children, adults in crisis, the elderly, the homeless, and those in need of education, job training and community health services. Last year, Near & Far Aid raised an unprecedented $1.2 million which is currently being distributed to approximately 100 carefully-vetted charitable agencies. For more information about Near & Far Aid, visit their website at

Contact Information

  • Contacts:
    The Matthew Gaffney Foundation
    Dr. Margaret G. Benedict
    Email Contact

    The Near & Far Aid Association, Inc.
    Susan Bonner