10 Years Later, Fund For RI Nightclub Survivors Has Had 'Modest' Effect
Huffington Post - about 4 years
PROVIDENCE, R.I. — Months after they were sentenced for a 2003 fire at their Rhode Island nightclub that killed 100 people, Jeffrey and Michael Derderian set up a charity to help educate the dozens of children who lost one or both parents in the blaze.
They held fundraisers for the Station Education Fund and persuaded several colleges to promise scholarships. Today, more than five years after it was established, the fund boasts on its website that it has secured $12.8 million in pledged scholarships and programs for 76 children.
As the 10th anniversary of the tragedy approaches on Feb. 20, an Associated Press review of the charity's accomplishments finds the reality is more modest.
The maximum potential value of the scholarships is closer to $4.5 million, according to a college president who helped line up the pledges, and that assumes the unlikely scenario that all 76 children will go on to four years of college.
Also, only three students have attended coll
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