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2013 Annual Report the Sacrifices Marines Make Are Legendary

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2013 Annual Report the Sacrifices Marines Make Are Legendary Marine Corps Scholarship Foundation Annual Report 2013 Our Corps Champions We are honored and grateful for our investors, whose unwavering commitment to our mission makes it possible for us to reach more students each and every year. 5 our mission 7 our students 12 events and volunteers 17 new scholarships american patriots 19 campaign 23 the rockmore society 25 our investors ★★Contents 38 financials 39 leadership and staff 2013 Annual Report The sacrifices Marines make are legendary. Sending their children to college shouldn’t be one of them. Your support of the Marine Corps Scholarship Foundation honors these sacrifices by ensuring that every child of a Marine or Navy Corpsman has the chance to pursue a post-high school education. For more than 52 years, the Scholarship Foundation has Honored Marines by Educating Their Children. During this time, you have helped us change thousands of lives, awarding more than 30,000 scholarships, valued at over $80,000,000. These scholarships have sent students to colleges, universities, and vocational/technical institutions. They’ve resulted in generations of engineers, doctors, teachers, and researchers— all whom have been raised with the Marine Corps’ values of honor, courage, and commitment. In the 2013-2014 academic year, we awarded more students (2,045) with scholarships, raised more funds ($17M), and enlisted more volunteers (800 and counting) than ever before. We’re proud to share the details in this year’s annual report. A gift to the Scholarship Foundation is more than a donation—it’s an investment in the future of America. We know you’ll enjoy seeing the return on your investment firsthand as you learn about our scholarship recipients. Our mission to Honor Marines by Educating Their Children is only made possible with your generous support and continued partnership. Thank you for joining us to honor the sacrifices of our Nation’s Marine families. Sincerely, Lieutenant General Martin R. Steele Margaret B. Davis USMC (Ret.) President and CEO Chairman 2 2013 annual report A Message from the Commandant of the Marine Corps As our Nation draws to a close the longest war in its history, tens of thousands of Marines and Navy Corpsmen have returned home from deployments to readjust to a new life with their families. These Marines and Corpsmen are facing unique challenges coupled with worries of family finance, including affording higher education for their children. Since 1962, the Marine Corps Scholarship Foundation has been an invaluable member of the Marine Corps family, helping thousands of sons and daughters of our Marines make post-high-school education a reality. Just as Marines leave no one behind, the Scholarship Foundation awards every eligible child who applies. The impact of the Scholarship Foundation’s success extends beyond these resilient children who have sacrificed so much. It strengthens our Nation and invests in the future leaders of America, children raised on the core values of honor, courage, and commitment. As the cost of higher education continues to rise, financial assistance is becoming increasingly essential for deserving students and their hardworking Marine parents. The Scholarship Foundation steadfastly meets this need and is prepared to continue to do so to help future generations of Marine families. The United States Marine Corps is proud to be connected with the nation’s oldest and largest provider of need-based scholarships for military children. On behalf of all Marines and Navy “Since 1962, the Marine Corps Scholarship Corpsmen, past and present, I salute the men and women who support the Marine Corps Foundation has been an invaluable member of the Scholarship Foundation and ensure higher education for children of Marines is a dream come true. Your patriotism, generosity, and support does not go unrecognized by our Marines, Marine Corps family, helping thousands of sons and Corpsmen and their families. daughters of our Marines make post-high-school Semper Fidelis, education a reality.” —General James F. Amos USMC Commandant, U.S. Marine Corps marine corps scholarship foundation 3 4 2013 annual report Our Mission Enduring Fidelity The Marine Corps Scholarship Foundation has steadfastly supported the children of our Nation’s Marines and Navy Corpsmen by providing scholarships that empower and enable these children to attend accredited community colleges, universities, colleges, and vocational/technical institutions — that they may not otherwise be able to afford, especially as the cost of higher-education continues to outpace the average military family’s income. The Scholarship Foundation is the Nation’s oldest and largest provider of scholarships to military children, with particular attention given to those with a parent who was killed or wounded in action or who have demonstrated financial need. We believe it is our duty to support those who sacrifice everything to protect our freedom. Marines have an ethos of taking care of each other. At the Scholarship Foundation, we make that same commitment. With more than $80,000,000 awarded in 30,000 scholarships, we have never turned away an eligible applicant because of dedicated investors like you. Your generous contributions will allow the Scholarship Foundation to continue to say “yes” to every eligible Marine child for generations to come. marine corps scholarship foundation 5 FPO To see the listing of our current scholarship recipients, please go to www.mcsf.org/our-scholars/ 6 2013 annual report Our Students In 2013-14, we awarded a record number of 2,045 scholarships. That’s a 112 percent increase since 2004. What do you need to know about these resilient students? Here’s a few words to describe them… honor motivated moved around from base to base grateful care for siblings pride in parent’s service disciplined courageous committed dedicated smart they don’t feel the world owes them anything not entitled impressive first in their families to go to college decent working-class kids lost parents grew up early career-minded serious about their studies higher graduation rates hardworking Our students are an investment most likely to succeed. marine corps scholarship foundation 7 our students NATIONWIDE REPRESENTATION, Nationwide2013-2014 Representation, ACADEMIC 2013-2014 YEARAcademic Year NH WA 11 20 VT 2 ME MT ND 14 12 2 OR MN MA 23 31 40 ID WI NY SD 58 17 2 24 RI WY MI 5 Our families come from active duty, reserve, 2 70 CT IA PA 16 honorably discharged, wounded in combat, and NE 19 74 NJ NV 18 OH 21 fallen Marine and Navy Corpsmen families from 11 IL IN 101 UT 60 58 DE CA 10 CO WV 8 all 50 states, Washington, DC, and overseas. 165 49 15 VA KS MO 104 23 KY MD 57 26 31 DC NC 6 ★★ TN 213 45% of recipients are AZ OK 43 49 NM 17 AR SC 9 19 61 majoring in STEM* MS AL GA 7 19 52 TX LA ★★an additional 12% 153 10 FL 144 are majoring in AK 1 Overseas Bases business and 22 Puerto Rico 1 accounting HI 14 In the next decade, more than 100,000 children of Marines will reach college age. At a time when college tuition outpaces the average military families’ income, our scholarships I feel incredibly blessed to have been awarded with a scholarship make a significant impact and provide relief to our Marine and Navy Corpsmen families. by a Foundation that I believe in so much. Karina★Gomez Daughter of Staff Sergeant Alex Dominguez USMC *Science, Technology, Engineering, and Mathematics North Carolina State University 8 2013 annual report our students 2013-2014 Scholarship Meeting Student Needs Recipient Majors 3,500 $3,290 Marketing/Communications 3,063 Education 2,625 4% 8% 2,188 $1,825 2045 Arts & Humanities 11% 1,750 45% STEM/Health Science 1,313 967 12% 875 Business & Accounting 438 20% 0 2004 2013 Social Sciences Average Scholarship Scholarships Awarded Average scholarship Number of scholarships amount increased by 80%★ awarded increased by 112% of scholarship of scholarship of scholarship recipients graduate recipients are recipients are the — that’s more than children of enlisted first in their family 86 twice the national 87 Marines and Navy 52 to attend college PERCENT average PERCENT Corpsman PERCENT marine corps scholarship foundation 9 section title LtGen Robert Milstead USMC, Scholarship Foundation President and CEO Margaret B. Davis, SgtMaj Carlton Kent Before the Scholarship Announcement Ceremony in USMC (Ret.) and WJLA-TV anchor Leon Harris with scholarship recipients at the Washington, D.C. Scholarship Washington D.C., scholarship recipients learned to fly two Announcement Ceremony. 5th Generation fighter aircrafts using Lockheed Martin’s F-35 Lightning and F-22 Raptor Cockpit Demonstrators at the Fighter Demonstration Center. Camp Lejeune-area scholarship recipients participated in a Leadership Day prior to the Scholarship Announcement SgtMaj Yolando Mayo USMCR and her children, Ceremony. scholarship recipients — Antonio and Sydney Mayo. SgtMaj Mayo was the emcee at the Camp Lejeune Scholarship Announcement Ceremony. 10 2013 annual report section title MajGen Vincent Stewart USMC, Scholarship Foundation President & CEO Margaret B. Davis, and Board Director Scholarship recipients receive a docent tour at the Craig Duchossois at the Chicago, IL Scholarship Announcement Ceremony. Pritzker Military Museum & Library in Chicago. SgtMaj Carlton Kent USMC (Ret.) speaks at the Camp Pendleton Scholarship Announcement Ceremony. One hundred of our scholarship recipients won a Hewlett Packard Slate, thanks to a generous $20,000 donation from HP. Chicago winners show their excitement. marine corps scholarship foundation 11 2013 We extend our sincere appreciation to more than 1 800★ volunteers for their tireless service this year. Their efforts to coordinate more than 40★ galas, golf tournaments, and other special events across the country raised over $10,500,000 in vital funds for scholarships in 2013.
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