Neward Family Trust donates $100,000 to Plastics Pioneers' scholarship fund

At its fall 2016 meeting in Arlington, VA, the Plastics Pioneers Association’s (PPA) Board of Governors accepted a donation of $100,000 from the Neward Family Trust to support the Education Fund of the PPA. 

Lance Neward, who had a lifelong career in the plastics industry, told the board that the plastics industry, particularly through his father’s work, had been very good to his family, and he and his sisters wanted to give back to the industry that has done so much for them. Neward said that his father, Ted Neward, “arrived in California during the middle of the Great Depression, as a college student on a scholarship, with $4 in his pocket. Ultimately, through his work in plastics, he built a substantial, successful career. He often said that he couldn’t have picked a better one.”

Both Ted and Lance’s stepmother Ruth were strong believers in education, and the family wanted to help students planning a career in plastics to achieve their own goals. To that end, they chose to support the scholarship activities of PPA with this donation to the PPA Education Fund. Scholarships in memory of Mr. and Mrs. Neward will be awarded based on the interest made on the $100,000 principal. The first awards will be made in 2018.

The board and those in attendance at the meeting offered their thanks to the Neward family for this generous donation. Lance indicated that he hopes this will encourage others to similarly support the educational activities and outreach of the PPA.