In honor of Black History Month, 24-year-old entrepreneur, investor, and former Morehouse College student Bryce Thompson is putting action behind his philanthropic work to award $100,000 total in scholarships to 10 HBCU students.
According to a press release, Thompson’s scholarship efforts — powered by his IAMS Foundation and support from the Scholly app — launched last Fall with a goal to ease HBCU students’ burden of college tuition amid several world-changing crises such as the global health pandemic, racial violence, and skyrocketing unemployment.
Upon receiving hundreds of applications, Thompson has chosen 10 students to receive these charitable scholarships with a surprise hometown visit from Thompson himself.
The scholarship winners include Jalen Robinson (Morehouse), Tate Toole (Morehouse), Robert Pinkney (Morehouse), Je’Von James Tone (Texas Southern University), Miles Smith (Bethune-Cooke University), Kaleb Perkins (Livingstone College), Daisha Green (Philander Smith College), Taylor Helton (Prairie View A&M University), Ms. Jordan James (Hampton University) and Lindsay Collins (Howard University).
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Thompson — who was once a struggling college student himself studying engineering at Morehouse — made a vow to one day give back to other fellow students who faced his same challenges after his uncle generously paid for his first year of tuition.
“I know what it feels like to not know whether you’re going to be able to register for the next semester,” Thompson shared in a press statement. “So, to now be in a position to ensure that at least 10 students will be able further their education is an incredible blessing and honor.”
Thompson began his entrepreneurial journey during his years at Morehouse after his older brother Branden introduced him to cryptocurrency and investing. He then began studying the industry and eventually developed a knack for teaching others how to make profitable investments themselves.
He even took it a step further and founded the TradeHouse Investment Group alongside his brother and four fellow Morehouse students, a press release shares, which turned into a multi-million-dollar business in just two years.
The company’s mission is to teach financial literacy through investment strategies, thus providing a platform that offers economic and social advancement to otherwise underserved communities.
“I am a testament to how giving back can change the trajectory of one’s life,” Thompson concluded in a statement. “If it were not for my uncle’s generosity, I wouldn’t have been able to attend Morehouse and develop a network of like-minded individuals who would go on to become my business partners. Investing in my community will always be one of the smartest, most valuable business decisions I’ll ever make.”
For more updates about Bryce plans for the future, follow him on Instagram.