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Bryce Thompson is a 24-year-old young successful black entrepreneur. In addition, he’s a Morehouse College graduate residing in the Atlanta area who pays his blessings forward. For Black History Month, he gifted 10 HBCU students with $100,000 in scholarships in partnership with Scholly. He remembers a time when he struggled as a college student. His uncle pitched in by covering his first year of tuition. Hence, he paid his uncle’s blessing forward through the IAMS Foundation, which Thompson founded.
“I know the feeling of not knowing if you can afford to go back to school,” he said.
In an interview with Forbes Magazine, Thompson said, “I realize there are people who don’t have a friend or family member that can step in and help the way my uncle did for me.” He also added, “I told myself that I would one day offer scholarships of my own to help students like myself avoid a similar situation.”
Thompson visited each HBCU student to hand them their award. He traveled to Morehouse College, Texas Southern University, Bethune-Cooke University, Livingstone College, Philander Smith College, Prairie View A&M University, Hampton University, and Howard University.
Thompson’s entrepreneur journey began at Morehouse. He founded TradeHouse Investment Group with some of his fraternity brothers and classmates. TradeHouse Investment Group is a company that partners with an educational platform and teaches people about how to properly invest in the foreign exchange market.
In addition, his company’s financial literacy component teaches disadvantaged communities how small investments can make a difference. And as a result of his uncle’s blessing and his own entrepreneurial spirit, Thompson can pay it forward.
The Results of Paying It Forward
“I am a testament to how giving back can change the trajectory of one’s life,” he shared. “If it were not for my uncle’s generosity, I wouldn’t have been able to attend Morehouse and develop a network of like-minded individuals who would go on to become my business partners. Investing in my community will always be one of the smartest, most valuable business decisions I’ll ever make.”
In short, this young man now joins a long list of philanthropists who give to HBCUs.