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Scholarship Program

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What is the Chapter Matching Fund Program?

 

CHAPTER MATCHING FUND PROGRAM                     

There are two types of Matched Chapter Grants: Perpetual Matched, and Annual Matched.

1. Perpetual Matched Chapter Grants are those designated Endowed Funds established by a chapter that are in the process of funding to, or have reached their minimum $30,000 threshold to yield a perpetual $1,000 per year award at the 3.5% "Spending Rate".
2. Annual Matched Chapter Grants are those designated funds that have no endowed principal and are donated, matched and disbursed in the year received.

Read more: What is the Chapter Matching Fund Program?

End of Year Giving

Dear AAAA Member,

Founded in 1963, the AAAA Scholarship Foundation Inc. (AAAASFI) is one of the greatest benefits to our AAAA member Soldiers and Families. In 2014 alone we awarded $427,000 in scholarship funds to 263 outstanding students thanks to our generous donors. The purpose of this correspondence is to ask you to consider an end-of year donation.

100% of every dollar donated goes directly to awards and principal because the AAAA, a separate membership corporation formed in 1957, pays ALL overhead cost from postage to audits. We are proud to mention that these donations have been managed very carefully by the AAAASFI Board of Governors, even during recent turbulent investment times. These policies have resulted in continued growth of our investments, which translates to more scholarships.

Since inception, the Foundation has provided over $5,643,875 to 3,586 outstanding applicants. These scholarships are awarded solely on the basis of academic merit and personal achievement. A blind process is used and all personal identification is removed during voting.

The AAAA Scholarship Foundation is part of the Combined Federal Campaign (CFC), an annual charitable fund drive for all federal employees. Our CFC number is 10516. Industry partners, AAAA members, friends of Army Aviation, relatives of deceased members, AAAA National and local chapters and other private businesses can make financial contributions to the Foundation through other means--we also accept contributions in memory of individuals. We also have a planned giving means.

Our Fund Raising Committee, chaired by Mike Flowers, is ready to assist you or provide any information you may need. Don't hesitate to call or contact us by calling or emailing the national office (203.268.2450; email: This email address is being protected from spambots. You need JavaScript enabled to view it. ).

The AAAASFI 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. We acknowledge every donor by mail. The AAAA Scholarship Foundation's Tax ID number is 06-0799487.

As we near the end of the calendar and fiscal year, tax considerations and industry budgets are being worked and finalized. We ask for you to support this tremendous AAAA program, which provides opportunities for deserving individuals. Please consider unrestricted giving to the general fund whenever possible in order to provide maximum flexibility in the application of your gifts. This can be easily accomplished by clicking the online giving button on the AAAA home page (www.quad-a.org) and entering your credit card information on the secure site. It takes less than a minute to make your contribution that will benefit so many!

Thank you for supporting the U.S. Army Aviation Soldier and Family through the AAAA Scholarship Foundation.

Sincerely,

conniehansen

Connie Hansen
President, AAAASFI

and

mikeflowers

Michael C. Flowers BG USA (ret)
Fund Raising Committee Chairman 

Who are the 2014 AAAA Scholarship National Awardees?

2014 AAAA Scholarship Winners

2014 AAAA Scholarship Foundation provides $427,000 to 263 National Awardees.

...and the Winners are...

How can I apply for an AAAA Scholarship?

Application Eligibility

In order to apply for an AAAA Scholarship you must meet one of the following criteria:

  •  You must be a current member of the Army Aviation Association of America, or
  •  the spouse of a current AAAA member or deceased member, or
  •  the son or daughter of a current member or deceased member, or
  •  the grandchild of a current member or deceased member, or
  •  the unmarried sibling of a current member or deceased member.

In all the above instances, the member's effective date must be on or before May 1 of the previous year in which the applicant is seeking aid, unless the member is deceased. This requirement is waived for uniformed members of the Active Army, ARNG and USAR. The applicant must be attending an accredited college or university or selected for fall entry as an undergraduate or graduate. No recipient can hold concurrent AAAA Scholarships.

Scholarship Application Procedure

To apply for an AAAA Scholarship you must first complete and submit the Pre-Qualifying Form.  Once submitted you will receive an email within one week notifying you of your eligibility. If eligible, the email will contain a link to the Scholarship Application Form.  Click below to access the Pre-Qualifying Form.  You will be asked to create an account. The account should be created with the Applicant's name. Also, please use your primary email address when creating your account. All correspondence relating to your application will be sent to that address.

The 2015 Scholarship Program is closed. 

This year's winners will be notified by the end of August. 

Check back in January for information on the 2016 Scholarship Program.

 

 

Read more: How can I apply for an AAAA Scholarship?

What Is The Families Of The Fallen Scholarship?

The Army Aviation Association of America Scholarship Foundation is proud to announce a new scholarship – "Families of the Fallen."  Established for surviving spouses and children of those who were killed in action or training accidents while serving in the Army Aviation community. The first Families of the Fallen scholarship was awarded in 2014.

 

Who is eligible to apply for an AAAA Scholarship?

Eligibility

In order to apply for an AAAA Scholarship you must meet one of the following criteria:

  •  You must be a current member of the Army Aviation Association of America, or
  •  the spouse of a current AAAA member or deceased member, or
  •  the son or daughter of a current member or deceased member, or
  •  the grandchild of a current member or deceased member, or
  •  the unmarried sibling of a current member or deceased member.

In all the above instances, the member's effective date must be on or before May 1 of the previous year in which the applicant is seeking aid, unless the member is deceased. This requirement is waived for uniformed members of the Active Army, ARNG and USAR. The applicant must be attending an accredited college or university or selected for fall entry as an undergraduate or graduate. No recipient can hold concurrent AAAA Scholarships.

 

What is the Scholarship Program?

Scholarship Program General Information

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). The spouses, unmarried siblings, children and grandchildren of current and deceased AAAA members are also eligible. 100% of every dollar donated to the Scholarship Foundation goes to a scholarship or endowed principal based on the AAAA paying all overhead expenses for the Scholarship Foundation.

Read more: What is the Scholarship Program?

What is the purpose of the Scholarship Foundation?

Purpose of the Scholarship Foundation

The Scholarship Foundation, Inc. was founded in 1963 to recognize and provide scholarship grants to the children of its members and deceased members who sought college-entry financial aid.

Read more: What is the purpose of the Scholarship Foundation?

Does my company have an AAAA SFI Corporate Scholarship?

Participating Corporate Scholarships

The following companies currently have corporate matching scholarships:

Read more: Does my company have an AAAA SFI Corporate Scholarship?

How are the scholarships funded?

Funding the Scholarships

The AAAA Scholarship Foundation benefits from specific chapter activities, meetings, and forums that are held at the local level to generate funds for the Foundation. 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.

Read more: How are the scholarships funded?

Who makes up the Foundation?

Foundation Structure

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., and the AAAA SFI Committee serve as unpaid volunteers and include active and retired leaders in Army Aviation. Program reviews are conducted at semi-annual meetings by the Board of Governors.

What are the procedures for grant and loan selection?

AAAA Scholarship Grant & Loan Selection Procedures

The AAAA Scholarship Foundation, Inc. is a separate corporate entity working in cooperation with the Army Aviation Association of America, Inc. (AAAA) to provide scholarship grants and loans for college level education to members of the AAAA and the spouses, unmarried siblings, unmarried children and unmarried grandchildren of current and deceased AAAA members.

Read more: What are the procedures for grant and loan selection?

What are the management policies and procedures?

MANAGEMENT POLICIES AND PROCEDURES

A. INTRODUCTION: In 1963 the Army Aviation Association of America (AAAA) created a scholarship program to secure contributions with which to fund college entrance level scholarships for children of AAAA members and deceased members. To administer the program and encourage members and others to make tax-free donations to it, AAAA created the AAAA Scholarship Foundation Inc. (Foundation) CERTIFICATE OF INCORPORATION, a non-profit, tax-exempt corporation under Section 501(C)(3) of the US Internal Revenue Service Code, IRS DETERMINATION LETTER, with a volunteer Board of Governors, supported by the AAAA National Office Staff. Thus, the Foundation is, effectively, the manager of the AAAA Scholarship Program.

Read more: What are the management policies and procedures?

How can I contribute?

BIASeal4How You Can Help

The program 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.

Below are ways you can contribute:

Read more: How can I contribute?

What is the Individual Matching Fund Program?

Individual Matching Fund Program

The AAAA Individual Matching Fund Scholarship Program was established as a pilot program in 2007 with initial authorization for 3 such awards in that year's program. In Spring 2012, the SFI BOG voted to make the pilot program a new Standing Program along with the existing Heritage and Corporate Matching Fund Programs.

Read more: What is the Individual Matching Fund Program?

How can a Company make a donation?

BIASeal4CORPORATE SCHOLARSHIP FUND PROGRAM

HOW CAN A COMPANY DONATE?

A Corporation may donate funds over a period of one to five years. Due to the Uniform Prudent Management of Institutional Funds Act (UPMIFA) required "spend rate" established by the AAAA Scholarship Foundation Board of 3.5%, the principal total must eventually be $28,600 or more before an actual award of $1,000 per year in perpetuity will be made.

Read more: How can a Company make a donation?

What is the Heritage Matching Fund Program?

HERITAGE MATCHING FUND PROGRAM

The Heritage Matching Fund scholarships are endowed by grants from sponsoring Unit and/or Veteran associations, subject to General Fund availability and matched up to $10K within a 10-year period from the General Fund and shall be awarded in perpetuity in accord with the wishes of the donor association, consistent with Foundation policy, unless otherwise stipulated.

Read more: What is the Heritage Matching Fund Program?