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The Padgett Foundation administers the Padgett Foundation Scholarship Program which offers $500 scholarships to graduating seniors whose parents or guardians own and operate small businesses.

These regional awards are part of an international program in which the Padgett Foundation will offer approximately $50,000 this year alone in scholarship monies throughout the United States and Canada. Since its inception, the Scholarship Program has awarded over $600,000 to dependents of small business owners.

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The Padgett Foundation is committed to creating opportunities to publicly educate and advocate small business success, contributions, and needs. One of the most active and visible activities of the Foundation staff includes providing technical counsel and expert testimony on issues important to small business before federal administrative departments and agencies, as well as before Congress. As part of this outreach, the Foundation has developed extensive and productive working relationships with the Small Business Administration, the Internal Revenue Service, the Senate and House Committees on Small Business, the Senate Finance Committee and the House Committee on Ways and Means.

The Padgett Foundation has available vast resources of statistics and other empirical data regarding the small business community. This is updated on a quarterly basis. In addition, surveys are made of small business owners, also quarterly.

The Foundation offers the products of these research findings to Congress, government agencies, and others for consideration in reaching informed decisions on small business matters. This is data often missing in giving reality checks to the manner in which legislation, regulations, and administrative procedures impact the vast majority of our nation’s business enterprises.

The research information is made available by Padgett Business Services and PayTrak Payroll Services, through their hundreds of franchisees in North America. In this respect, the franchises serve almost exclusively small business clients – defined as under 20 employees. This client base is comprised of thousands upon thousands of small businesses. The research information is derived from these small business clients.

This network of small businesses enables the Foundation to obtain important business information from them on a frequent and routine basis. The Foundation also is able to respond to special research needs or projects as they arise. The array of business information is boundless, as are its sources.



 

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