Ty Cobb Educational Foundation
The Foundation was established by the late Tyrus R. Cobb for the purpose of assisting capable and deserving residents of Georgia who need financial assistance in completing their college education.
Foundation scholarships are granted to qualified students for the purpose of attending an accredited college or university full time. The college or university must be accredited by a regional crediting body recognized by the Council for Higher Education.
All scholarships are granted without subsequent obligation of the student to the Foundation; however, former recipients and others are urged to make contributions to the Ty Cobb Educational Foundation when circumstances permit.
Although Ty Cobb’s top annual salary as a baseball player was less than $40,000, his shrewd investments made him a financial success at an early age.
One of the many investments that contributed to his early success was the purchase of stock in a little-known Southern beverage company called Coca-Cola. Cobb’s financial prosperity eventually allowed him to establish a scholarship program that has to date assisted thousands of Georgians to attend college.