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The National Association of Black Suppliers Scholarship Fund, an IRS 501(c)(3) organization was created in 1987 by the National Association of Black Automotive Suppliers. Its purpose is to provide scholarship assistance and educational opportunities to high achieving African-American youth. The Scholarship Fund has not only provided over $1.3 million in scholarship since its inception, but has also provided mentoring, counseling, internships, and job opportunities to many of its outstanding and deserving scholarship recipients.