WTRAA Scholarship Fund
Help support the education of a tower’s child or grandchild. Donate to the WTRAA Scholarship Fund!
AW Direct is honored to support the WTRAA Scholarship Fund and help raise an awareness that will help further the education of children in the towing community. Donate to the scholarship fund.
About the WTRAA – Women of the Towing and Recovery Association of America
The Women of the Towing and Recovery Association of America was established in 1981 as an affiliate of TRAA. Its goals are to provide financial aid to TRAA, support women in the towing industry and grant scholarships to children of towing professionals to further their education.
Membership in WTRAA includes many benefits and services:
Networking – WTRAA members understand the value of networking. WTRAA events provide the opportunity to learn, exchange ideas, meet new friends and just have fun.
Support – Since its inception, WTRAA has offered support to spouses of TRAA members, companies and the industry overall through educating, encouraging and empathizing with the women who serve as the cornerstones of their families and businesses.
Education Scholarships – Each year, WTRAA awards scholarships to members’ children and grandchildren to assist them in completing their education. Fundraising for these scholarships has become one of WTRAA’s primary goals throughout the year.
Information and Education – The towing and recovery industry is constantly changing. WTRAA keeps abreast of developments as they occur and disseminates the latest information at meetings, seminars and through educational materials published by TRAA.
Recognition – Each year, WTRAA presents the Tow Woman of the Year Award to an industry advocate in recognition of their commitment to the goals of WTRAA and efforts to improve the towing industry in general.
Over the years WTRAA has supported a number of worthy causes. WTRAA members recognize the importance of giving back to the community and are proud to have made a difference. WTRAA has contributed mightily to TRAA by paying all the legal and start-up fees for the TRAA Education Foundation. It has awarded many thousands of dollars in scholarship grants as well as supported many charities. These charities include St. Jude’s Children’s Hospital, MADD and T.O.W.E.D. among many others. WTRAA accomplishes these activities through creative fundraising efforts ranging from auctions and raffles to cookbook sales.
About the WTRAA Scholarship Fund
The WTRAA Scholarship Fund is managed as a 501 c 3 under the Towing & Recovery of Association Foundation. The fund is professionally managed by Wes Reed of Wachovia securities. In 1990 the first three scholarships were awarded for $1,500.00. During that time the fund has grown through contributions of those in the industry both individual and corporate, as well as, significant fundraising drives. The funds (although they fluctuate on the market) have reached a high of $215,000.00.
All contributions toward the Scholarship Fund go to the principle balance in the effort to continue to grow the fund into perpetuity. Scholarship Awards are granted based on interest and dividends of these funds, never exceeding more than $3,000.00 of the balance (the committee rarely chooses to use those funds). Over the course of the years, nearly $100,000.00 has been distributed to students in our industry. The committee is made up of four industry representatives and each year the committee goes over a very stringent application process in making their selection. Awards are based on merit and availability of funds, however, if we begin to follow a student and they continue to apply it has always been the committee’s policy to work to increase the amount of funds to them each year that they apply.