The Ponsoldt Family established this endowment in 2002 in the wake of the 9-11 disaster. The Ponsoldt family recognized that students that deserve to go to college could have a temporary disaster that would prevent that from reaching their highest potential. Although temporary, a disaster could affect the rest of a person’s life if they were unable to complete a college education in accordance with their dreams and plans, As a result, the Ponsoldt family established the endowment. The Ponsoldt family resides in Stuart, FL. The extended family is involved extensively in the community in many areas including: real estate, common law and business.