JCPenney Scholarship Endowment Fund

JCPenney is a chain of American mid-range department stores. The company operates 1,107 department stores in all 50 U.S. states. The founder, James Cash Penny, opened his first store in Colorado in 1902 and named it the Golden Rule Store. In 1913, the company was incorporated under the new name, J. C. Penney Company, The Company moved its headquarters to Plano in 1993. Because business thrives only in a healthy environment, in 1998 the J.C. Penny Company decided to provide support to the Plano community by establishing an endowed scholarship at Collin College for students majoring in Business Administration.