FUNDING FOR THE FOUNDATION
 
Ric & Corinne Fowler, founders of Rico International and Rico Handknits Thailand have to date been the sole sponsors of the scholarship program. However, we realize that a Foundation dependent upon an individual or one company's financial state can be a precarious situation. Therefore, we are in the process of seeking out sponsors who are willing to financially assist a student for 4 or 5 years. We are also constructing a for-profit tennis training center with the goal of using profits to directly fund the foundation. To date the land has been purchased and construction is underway.

The Fowlers and the Rico Companies have given the seed donations to start the Foundation but within five to 10 years, they hope that profits from the tennis training center and tennis clinics will eventually be the sole source of funding for the foundation.