Skip to main content
Enter search terms below…

Member News

DeCrescente Awards $11,000 in Scholarships



Our employee-funded DeCrescente Scholarship Fund has awarded $11,000 in scholarships to 22 children of DDC employees for the spring 2023 semester.

Established in 1995, the scholarship fund has given more than $490,000 in financial assistance to DDC employees and their children since its inception almost 30 years ago.

“We are so proud of everything our scholarship recipients have accomplished already, and as they continue to pursue their dreams in higher education, we hope that our scholarship award can provide some financial relief for the cost of tuition and textbooks,” said Michael O’Malley, DeCrescente’s Vice President of Beer Sales & Marketing and member of the DeCrescente Scholarship Fund Committee.

Over the years, the scholarship fund has transitioned from company funded to now being 100 percent funded by employees through voluntary payroll deductions. Currently, about 160 DDC employees contribute to the fund.

Candidates can apply for the award every semester they attend college, but they must meet certain eligibility criteria, including attending school full-time and meeting GPA requirements.

The $11,000 allocation is the first of two awards that will be granted for the 2022-23 academic year, with the next rollout coming ahead of the spring 2023 semester.

For more information on this and other employee benefits and perks at DeCrescente, which has been voted one of the Capital Region’s best places to work for 12 consecutive years, click here.

(June 26, 2025) Port of Albany Chief Executive Officer Richard J. Hendrick recently joined the Board of Directors of the Seafarers International House NYC, which, in partnership with the Episcopal Church since its founding in 1834, serves the needs of Mariners and Seafarers in the New York Region.   Hendrick, with the Port since 2004, has led the…
Albany, N.Y. (June 23, 2025) – Maria College and Daughters of Sarah Community for Seniors are partnering to offer employees access to academic certificate and degree programs that support their career growth and long-term success in healthcare.   Through this collaboration, Maria College will provide flexible academic pathways —including…
Coxsackie, NY – June 2025 – National Bank of Coxsackie (NBC) is proud to announce its recent $1,500 donation to the Village of Ravena, supporting the community’s ongoing efforts to enhance recreational amenities at Mosher Park. Pictured at the donation presentation are Village of Ravena Mayor William Misuraca and NBC’s Ravena Branch Manager Glenda…
Jul
09
The 1 Million Cups Monthly Meetings are happening throughout 2025 in the Chamber's 1st Floor Conference Room! Held every second Wednesday of the month,…
July 9th, 2025 9:00am - 10:00am
Jul
15
Join us for our July Rising Professionals-Group Meeting! Stay tuned for this month's topic and speaker! Register Here
July 15th, 2025 8:30am - 9:30am
Jul
17
Join us for our Non-Profit Roundtable discussions! This event is an opportunity for our non-profit members to showcase their missions and educate…
July 17th, 2025 11:30am - 1:00pm