Additional Annual $40,000 Designated for Reestablishment of McCormick Scholarships
CHARLESTON, S.C., Jan. 10 /PRNewswire/ -- The Citadel has been
awarded $400,000 from the McCormick Tribune Foundation (MTF), one of the
nation's largest charitable foundations. The school will also receive
$40,000 annually from the foundation for two scholarships.
The grants are part of the foundation's 50th anniversary celebration
and will be used for the renovation of the historic McCormick Beach House,
which is used for the recreation of cadets, and to reestablish McCormick
Scholarships for Illinois students to attend The Citadel.
The grants continue the foundation's long tradition of supporting
The Citadel. The partnership between these organizations is rooted in the
friendship between Col. Robert R. McCormick, founder of MTF, and Gen. Charles
P. Summerall, Citadel president from 1931-1953 and McCormick's commanding
officer during World War I.
$400,000 will be spent on extensive renovations to the McCormick Beach
House, a prominent landmark established on the Isle of Palms in 1958 in honor
of McCormick. The grant includes appropriations for both internal and external
repairs, and will enhance the McCormick Beach House as a recreational facility
benefiting not only cadets of The Citadel, but also faculty, staff and the
Lowcountry community.
The foundation will also reestablish McCormick Scholarships at The Citadel,
originally instituted by McCormick himself in 1934 and further specified
in his will: "To provide annually ... toward tuition and expenses
at The Citadel, Charleston, South Carolina, for each of two deserving and
needy ... residents of Illinois."
"We are honored to continue the legacy of McCormick's
support of The Citadel," said Richard A. Behrenhausen, president
of the McCormick Tribune Foundation. "This grant is particularly
significant because it involves an institution McCormick supported during
his lifetime and specifically mentioned in his will."
The selection of scholars will be made by The Citadel and will involve
assessment of character, need and promise in addition to academics. McCormick
Scholarships will be awarded to two recipients from each class beginning
in the 2005 academic year. The scholarships will include $5,000 per year
for a maximum of four years, assuming the cadets remain in good standing.
Each subsequent year, two additional incoming cadets will receive scholarships.
About the McCormick Tribune Foundation
The McCormick Tribune Foundation is one of the nation's largest
charitable organizations, with current combined assets of close to $2 billion.
In 2004 the foundation gave more than $90 million in the form of grants
designed to invest in communities, address human needs and promote the ideals
of a democratic society through innovative partnerships. The foundation,
which celebrates its 50th anniversary in 2005, was first established as a
charitable trust upon the death of Col. Robert R. McCormick, longtime editor
and publisher of the Chicago Tribune.
The foundation provides assistance in four program areas -- communities,
education, journalism and citizenship -- and funds a special initiatives
program. Through its grants, the foundation seeks to improve the social
and economic environment; encourage a free and responsible discussion of
issues affecting the nation; enhance the effectiveness of American education;
and stimulate responsible citizenship. For more information, visit http://www.mccormicktribune.org/
.
About the Citadel
The Citadel's mission is to educate and prepare graduates to
become principled leaders in all walks of life by instilling the core values
of The Citadel in a challenging intellectual environment. Throughout its
history, The Citadel's primary purpose has been to educate undergraduates
as members of the South Carolina Corps of Cadets and to prepare them for
post-graduate positions of leadership through academic programs of recognized
excellence supported by the best features of a structured military environment.
Together, the Corps of Cadets and the College of Graduate and Professional
Studies enroll approximately 4,000 students, about three-fourths of whom
come from South Carolina. For more information, visit http://www.citadel.edu/welcome.shtml
.
Quelle: McCormick Tribune Foundation
