OV-1 Mohawk Scholarship Program
OV-1 Mohawk Scholarship
By Jim Enault
During the business meeting at the 2018 Reunion in Reno, members overwhelming approved establishing an OV-1 Mohawk Scholarship under the Army Aviation Association of America (AAAA) Scholarship Foundation, Inc. This scholarship will be endowed by a combination of funding provided by the OV-1 Mohawk Association, the AAAA and donations from members.
These scholarships require a total principle funding of $30,000 which will generate funding for a $1,000 scholarship each year. Applicants affiliated with the OV-1 Mohawk Association will be given preference over other applicants on the order of merit list.
To fund the perpetual scholarship, the OV-1 Mohawk Association will provide $10,000 from association funds and will receive a $10,000 match from the AAAA Scholarship Foundation Inc. The remaining $10,000 will be collected from member donations. At the Reunion Banquet, a basket was passed and $769 was collected. Since the reunion, members have donated or pledged an additional $3,500 for a current total of $4,269. (Ed. Note: as of 2/9/19 the total is now $8919). The sooner we achieve our goal of $10,000 in donations the sooner the OV-1 Mohawk Scholarship can be established.
As Association Treasurer, I have established a separate Scholarship Savings account with Regions Bank and will provide frequent updates. Please write OV-1 Mohawk Scholarship Fund on the payment line. Mail checks to:
OV-1 Mohawk Association
512 Thoreau Spring Court
Madison, AL. 35758
Because AAAA picks up all the overhead expenses, 100% of your donations go to the scholarships funds themselves. This is a very easy and effective way to keep the name of the OV-1 Mohawk Association alive in perpetuity.