The idea of providing scholarships to students of Iranian descent originated in 1984 by my father, Mojtaba (Mehrdad) Momeni. He says:
“In an afternoon of pondering about my life and setting goals, I realized that without the benefit of scholarships I could not have achieved what I was achieving in my life. At that time, I added the establishment of an organization dedicated to advancing education and providing scholarships to students, to my 20-year plan list.”