The Jim and Margaret Krum Foundation has set aside $8.4 million to provide college and graduate-school scholarships for local students. Carolyn Torgersen, a spokeswoman for the Community Foundation of the Lowcountry, said that it is the largest legacy gift a fund under the Community Foundation's umbrella has received.
Martin Cohn, chairman of the new foundation's board said that the scholarships are awarded to students who excel in school, are ambitious and are active in community service.
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.