ViSalus Co-Founder Endows $200K to Entrepreneurial Program

A recent donation from ViSalus Co-Founder Nick Sarnicola and his wife, Ashley, will support up-and-coming entrepreneurs in Sarnicola’s native Michigan.

Through their Next Generation Entrepreneurs (NextGEn) Foundation, the philanthropic couple has provided a $200,000 permanent endowment to the Muskegon Community College Entrepreneurial Studies program. The fund will supply a $10,000 annual award to graduates of the program.

The Sarnicolas’ gift goes hand-in-hand with a contribution from longtime friend and local real estate developer Jonathan Rooks, who donated the downtown Muskegon Masonic Temple building for the program’s use. The facility is slated to re-open by fall 2017 as the Rooks Sarnicola Center for Entrepreneurial Studies.

“Jon and Nick are making history at MCC with these incredibly generous gifts,” Tina Dee, Director of the Foundation for Muskegon Community College, said in a statement. “The total value of $550,000 is larger than any other single past contribution and will have an enduring and positive impact on our students and the greater community we serve.”

The Sarnicolas, who travel the world as Global Ambassadors for ViSalus, set up the NextGEn Foundation to provide scholarships, seed capital and mentoring for budding entrepreneurs.

Advertisements

About Direct Selling News
Direct Selling News Magazine has been serving direct selling and network marketing executives since 2004. Each issue of Direct Selling News offers content on topics that shape the dynamics of our industry.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: