The AAAA Scholarship
Foundation, Inc., is a non-profit, tax-exempt corporation
established to render financial assistance for
the college-level education of members of the Army
Aviation Association of America, Inc. (AAAA), and
the spouses, unmarried siblings, unmarried children
and grandchildren of current and deceased AAAA
members.
Recognizing that
one of the nation's most precious resources is
its children, in 1963, the Foundation established
an ongoing program of providing scholarship grants
to those sons and daughters of its members and
deceased members who sought college-entry financial
aid.
The program has since
been expanded to also provide both scholarship
grants and loans to members who seek further education,
as well as the spouses, siblings, children and
grandchildren of members or deceased members.
Since the inception
of the program in 1963, the Foundation has provided
over $2,255,975 to 1,306 qualified applicants.
The Foundation has
pursued an award philosophy where national scholarships
are awarded on the basis of academic merit and
personal achievement.
The Foundation has
awarded individual scholarship grants each year,
ranging from $1,000 to $4,000 given out as one,
two or four year scholarships. Interest-free loans
of up to $4,000 ($1,000 a year) are also available.
The applicant must
be a member of AAAA, or
.. the spouse of
an AAAA member or deceased member,
.. the unmarried
son or daughter of an AAAA member or deceased member,
or
.. the unmarried
brother or sister of an AAAA member or deceased
member, or
.. the unmarried
grandchild of an AAAA member or deceased member.
In all instances,
the member's effective date of AAAA membership
must be on or before May 1 of the previous year
in which the applicant is seeking aid unless the
member is deceased. The one (1) year requirement
for all uniformed Active Duty, U.S. Army Reserve
and Army National Guard members is automatically
waived.
The applicant must
be attending an accredited college or university
or selected for Fall entry as an undergraduate
or graduate. Applicants who will attend a Service
Academy are ineligible for a grant or loan. No
recipient can hold concurrent AAAA Scholarships.
The AAAA Scholarship
Foundation, Inc., is exempt from Federal income
tax under Section 501(c)(3) of the Internal Revenue
Code. Contributions by donors are deductible as
provided in Section 170 of the Code. A donation
acknowledgement is mailed to each donor. The AAAA
Scholarship Foundation's Federal Tax ID number
is 06-0799487.
Many AAAA members,
friends of Army Aviation, relatives of deceased
members, AAAA National and Chapter activities,
and private businesses make financial contributions
to the Foundation. The Foundation also accepts
contributions made in memory of an individual.
If the contributions made in the memory of an individual
total $1,000 or more, a scholarship named in the
memory of the individual will be awarded. Permanent
(funded) scholarships in memory of an individual
of at least $1,000 per annum may also be established
when the Permanent Funds generate at least $1,000
annually.
The AAAA Scholarship
Foundation is a part of the Combined Federal Campaign
(CFC), a workplace charitable fund drive conducted
by the U.S. Government for all federal employees.
The AAAA Scholarship
Foundation also benefits from the specific meetings
and symposia held by the AAAA's worldwide Chapter
activities. These include major contributions from
an annual Joseph P. Cribbins Product Support Symposium
sponsored by AAAA's Tennessee Valley Chapter and
a biennial Avionics Symposium sponsored by AAAA's
Monmouth Chapter. Several other AAAA Chapter activities
donate between $1,000 to $5,000 annually, their
donations being matched by the Foundation under
the AAAA Chapter Matching Fund Program.
The AAAA Scholarship
Foundation also sponsors a Corporate Matching Fund
Program, whereby a corporation may establish a
Corporate Perpetual Matching Fund to award scholarships
by donating $10,000 over a period of one to five
years and receiving a matching donation from the
Foundation.
There are no paid
full or part-time Foundation staff members.
The individual members
of the Board of Governors of the AAAA Scholarship
Foundation, Inc., serve as unpaid volunteers and
include active and retired leaders in Army Aviation.
Program reviews are conducted at semi-annual meetings
by the Governors.
The Honorary Board
of Governors includes many prominent American leaders.
Hundreds of AAAA
members - worldwide - donate their time and talents
by serving voluntarily as fund-raisers and program
participants.
A volunteer National
Scholarship Selection Committee is responsible
for reviewing all program applications and for
selecting the annual scholarship grant and loan
winners. Details of the evaluation procedure are
available on request.
AAAA Scholarship
Foundation, Inc.
755 Main Street, Suite 4D
Monroe, CT 06468-2830
Telephone: (203) 268-2450 FAX: (203) 268-5870
EMAIL: aaaa@quad-a.org
Complete and return it to the AAAA
Scholarship Foundation, Inc., on or before
May 1 of the year of college entry. The
postmark will govern. Additional supporting
data that the applicant will be requested
to provide includes:
-
Academic Reporting
Form - to be completed by the appropriate
official in the applicant's school who has
access to the applicant's academic history:
for all applicants, grade point average;
for entering freshmen, class rank and test
scores. Mandatory for all applicants.
The program pursued
by the AAAA Scholarship Foundation, Inc., has undergone
steady and substantial growth in the number of
individual scholarship awards it has provided since
1963, as well as the total amount of funds it has
made available in annual educational aid.
You can help:
-
as an individual,
make a direct donation to the Foundation, make
a donation through the Combined Federal Campaign,
or make a contribution to the Foundation in
memory of a deceased AAAA member or friend,
or in memory of a deceased family member, or
donate via your Last Will and Testament.
