| Press Release
Sobrato Development Awards
$50,000 for Hispanic University
Scholarships
Release Date: March 15, 1999
John Sobrato, Sr.,
Chairman, Sobrato Development Companies, with headquarters in
Cupertino, California, presented The National Hispanic University
(NHU) with a fifty thousand dollar ($50,000) check during its Board
of Trustees quarterly meeting on March 12, 1999. The purpose of the
Sobrato grant is to support bright, needy Latino students pursuing a
baccalaureate degree at the NHU. "I have proudly served on many
non-profit boards," stated Mr. Sobrato. "However, none of these have
provided me as much personal satisfaction as my efforts with The
National Hispanic University," continued Sobrato. "At The National
Hispanic University I can see the results of our efforts as students
that our company sponsor march across the stage to receive their
degrees at commencement ceremonies in June," concluded Sobrato.
The Sobrato
Development Companies have supported fifty-four NHU Latino students
with tuition scholarships since 1997. Twenty-two of these have
graduated with baccalaureate degrees, twenty-seven are continuing
their studies towards a degree and five left to work and did not
complete their studies. The Sobrato scholarships are in their third
year and are open to any NHU student in good standing with a GPA of
2.5 and above pursuing a bachelor's degree in business, liberal
studies, computer science, etc. The program has enjoyed a high rate
of success since its inception. "We owe much to the Sobrato family
for all that they do to improve conditions for all people," stated
Roberto Cruz, President of The National Hispanic University. "John
puts his money where his mouth is. Three years ago he promised to
help 'grow the campus' and, he is doing it through scholarships,"
concluded Cruz.
The Sobrato
Development Companies are one of the most successful development
companies in the Silicon Valley. It's the business that developed
the campuses of companies such as Apple Computer, Inc., Bay
Networks, Inc., and Komag. It owns over 9 million square feet of
prime commercial space and 2,500 apartment units throughout the
valley. The Family has also established The Sobrato Family
Foundation in 1996 that has made numerous grants to worthwhile
causes throughout the greater Silicon Valley community.
The National Hispanic
Unversity is an independent, nationally and regionally licensed and
accredited, non-profit post-secondary education institution
authorized to grant degrees since 1981. The National Hispanic
University offers degree programs in business, liberal studies,
computer science, education, Spanish, translation and interpretation
studies. The University has established joint degree partnerships
with San Jose State University, San Jose City College and Evergreen
Valley Community College.
For further
information on The National Hispanic University or the Sobrato
scholarship grant, please contact us at (408) 254-6900. |