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 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 $1K per annum may also be established when the Permanent Funds
generate at least $1K annually.
The AAAA Scholarship Foundation also has several matching fund
programs to benefit Industry, Heritage Foundations, and Individuals. The
AAAA Scholarship Foundation Corporate Matching Fund Program, whereby a
corporation may establish a Corporate Perpetual Matching Fund to award
scholarships has two parts depending on the size of the Corporation. If
the Corporation generates $10M or less in gross revenues the Scholarship
Foundation will match the first $15K donated over a five year period.
If the Corporation generates over $10M in gross revenue the match is
reduced to $10K over five years. In addition, the Foundation sponsors
whereby another unit or veteran's association may
establish a Heritage Perpetual Matching Fund by donating $20K or more
over ten years and have the first $10K matched by the Foundation.
Individual Perpetual Matching Scholarships are matched by the Foundation
up to $15K over a ten year period.
The Scholarship Foundation Chapter Matching program matches $3-5K
annually depending on the size of the chapter. Super Chapters are matched up to $3K, Master Chapters are matched up to $4K and Senior and AAAA Chapters are matched up to $5K. All matching
funds are subject to the Scholarship Foundation's Board of Governors
decision based on the annual audit.
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 Foundation's CFC number is
For further information contact the AAAA Scholarship Foundation, Inc., 593 Main Street, Monroe, CT 06468-2806; Telephone: (203) 268-2450; FAX: (203) 268-5870; email [email protected].