Looking for Benefactors – 2015 Aerospace Leadership Scholarships
As we begin our 2015 Aerospace Leadership Squadron season, we are looking for benefactors to support three (or more) flight scholarships.
Each $2,500 scholarship helps one young leader make the transition from solo to private pilot. At least three scholarships will be awarded in 2015, but we need your help to do more!
The Spaatz Association scholarships are consistently the largest group of flying scholarships available to CAP cadets year-after-year. Since 1997, we have funded over $100,000 in flight hours for deserving young leaders, however, we receive no CAP nor federal money. Our scholarships are fully funded by membership dues and your generous donations.
The Association gives three different types of scholarships: Endowed, Sponsored, or Named.
- An endowed scholarship is named for a donor who has made a significant contribution to the Association. A scholarship endowment is designed to either fund a scholarship in perpetuity (as is the case with the Morse Endowment) or for an extended number of years (10+ years) by drawing down principal.
- A sponsored scholarship is named for a donor who makes made a recurring, annual scholarship contribution (such as the General Carl A. Spaatz scholarship graciously donated each year since 2003 by Ms. Carla Spaatz-Thomas, and the Major General Paul M. Bergman scholarships donated by Mr. Brian Campbell in 2012, 2013, and 2014).
- A named scholarship is named in honor of an individual (typically deceased), or for a donor who makes a single (one-time) scholarship contribution (such as the Joel Hocker scholarship in 2012).
The Association is designated as a charitable, non-profit organization under section 503(c)(3) of the Internal Revenue Code. Your membership dues, donations to Association programs (scholarships, etc.), travel and lodging for annual meetings, etc., may be fully tax-deductible for federal–and in some cases, state–income tax purposes. Please consult your tax professional for additional information.