Carter and Betsy Mollgaard Endowed Scholarship
Carter and Betsy Mollgaard, business owners and philanthropists, established the Carter and Betsy Mollgaard Endowed Scholarship at MSU Billings in 2012. Carter graduated from Eastern Montana College (now MSU Billings) in 1976 with a business degree. His wife, Betsy, graduated from the University of South Dakota in 1974 with a French degree. After working with various companies in Billings and Salt Lake City, Carter became region sales manager for Frito-Lay in the San Francisco Bay area. While there, their first child was born. Wanting to raise their daughter in Montana, Carter and Betsy purchased M and C Beverage Inc. in Miles City, Montana, in 1989 from his parents and their partners. Carter and Betsy are firm believers in the value of education and wanted to give back to those in the 12 counties they serve in Southeastern Montana. Through their generosity, this endowed scholarship will provide financial assistance to students from Eastern Montana. The first scholarship was awarded in academic year 2013-2014.
Impact
“I was very happy to learn that I was a recipient of the Carter & Betsy Mollgaard Endowed Scholarship. I am writing to thank you for your generous financial support towards my higher education. Receiving this scholarship allows me to concentrate on what is important for me, education. Your financial generosity has allowed me to be one step closer to my goal and has inspired me to help others by giving back to the community. I hope one day I will be able to help other students achieve their goal just as you have helped me.” — Skyla W., Business Finance major