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January 10, 2005 Monday
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HEADLINE: McCormick Tribune Foundation
Awards $400,000 to Citadel; Additional Annual $40,000
Designated for Reestablishment of McCormick Scholarships
DATELINE: CHARLESTON, S.C. Jan. 10
BODY:
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 .
CONTACT:
Pegeen Hopkins, Director of Communications of McCormick Tribune Foundation, +1-312-222-5022, or phopkins@tribune.com
Web site: http://www.mccormicktribune.org/ http://www.citadel.edu/welcome.shtml
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