Posted on | May 28, 2010 | Comments Off on Arakaki Family Starts Hilo Scholarship
Longtime Hawaiʻi County Councilman Jimmy Arakaki and his wife Grace made a donation of $15,000 to establish an endowed scholarship to benefit students at Hilo. As a result of a limited-time matching gift program made possible by a donation from an anonymous donor, UH Hilo is matching the Arakaki’s donation dollar-for-dollar, effectively doubling its impact.
The Arakaki’s manage Dodo Mortuary Life Plan, Inc., which they opened in Hilo in 1978. Jimmy Arakaki served on the Hawai‘i County Council for a record 16 years (1990–2006) and for 8 years he chaired the council, presiding over a period of significant growth and development for Hawaiʻi County.
Beginning in the fall of 2010, the James and Grace Arakaki Endowed Excellence Scholarship will be awarded annually to a local student who has been honorably discharged from active U.S. military service, or who is the son or daughter of a veteran. The scholarship benefits students enrolled in UH Hilo’s College of Business and Economics, with a cumulative GPA of 3.0 or above.
“I want to give a veteran a chance like I had, and I want to support someone who can give back to the community through a business career,” says Jimmy Arakaki.