Company Profile
Commonweal Foundation
Company Overview
The Commonweal Foundation operates and supports educational programs and projects assisting underserved children and youth. Our core values are commitment, integrity, collaboration, and continuous learning. We believe in the benefits of education and invest accordingly, both in our customers and in our employees. The Foundation offers competitive employee compensation and benefits and encourages employee development through a generous educational assistance and professional development program. The Commonweal Foundation is currently located in Silver Spring, MD.
Company History
In 1968, a Washington, DC area businessman founded the Commonweal Foundation to serve the community in which he had lived and thrived since 1937. First known as The College Foundation, Commonweal’s original purpose was to provide loans to financially needy students for college tuition. In the 1980s, the Foundation acquired its new name and a new focus: the support of secondary education. In 1988, Commonweal became one of the first local sponsors of the nationally acclaimed "I Have A Dream" program, promising college scholarships to nearly seventy elementary school students upon their completion of high school. Today, the Commonweal Foundation continues to provide educational and social support to financially needy students in the form of widely expanded services, including grants, scholarships, and learning assistance programs.