USC MainPage
USC NROTC Alumni Home Page
USC NROTC Alumni Officers & Board of Directors
USC NROTC Alumni Decades
USC NROTC Alumni Directory of Names
USC NROTC Alumni known to be at rest
USC NROTC Alumni whose status and location is unknown
USC NROTC Upcoming Events
USC NROTC Alumni Newsletter The Log
USC NROTC Awards
USC NROTC Alumni Decade Bylaws
USC NROTC History Index
Alumni Reunions
Ships Store
Update USC Records - Alumni Mailing List
Update the Website
USC NROTC Mail List
USC SemperFi Society
USC NROTC Former Staff
USC NROTC Mentors
USC NROTC
Other Links
USC NROTC Alumni League

Scholorships

[Scholarships]

[2005] [2004] [2002] [2000] [1999] [1997]

It wasn't until 1994 that the Alumni League became aware of Captain McGonagle and the fact that he was holder of the medal of honor. Many of us got to know the Captain and he became active in the NROTC alumini activities. He passed away 3 Mar 1999.

Soon afterward your Alumni Board of Directors was informed that the Captain was giving a $500.00 Scholarship award to a deserving midshipman each year. The Board was asked to pick up this funding for the NROTC Unit. This was unanimous from the Board. We have been making this $500.00 award in his name ever since.

As the financial officer on the Board, I have had a goal. I wanted to make the award permanent and also not dilute the name of Captain McGonagle with another donor. Inflation also takes its toll.

I came up with a plan that will solve both problems. Form our Scholarship endowment, we just made our firt payout of $5,400.00 for the benefit of the midshipmen. Your Board of Directors has approved placing the Captain W McGonagle award under the umbrella of our Scholarship Endowment program. The Alumni will continue to make their annual payment to this award, but into the regular Scholarship Endowment until funds reach the amount that this award will be self supporting. Extra payments can also be made to reach this goal.

Beginning in 2008, the award will increase at the same percentage that the annual payout does from the Scholarship Endowment. Our goal is $10,000 which will support this award. Our Scholarship Endowment continues to grow.

Thank you for your dues, extras, and Scholarship donations. Now you can see how these funds are used directly to the benefit of the midshipmen of the USC NROTC Battalion.

Bob Benner, Financial Officer
Taken from The Log - October 2004 page 12

Number of browsers since 15 Jul 98:

Flag Bar

United States Navy United States Marine Corps

© 1997 - 2009 MAK and USC Naval ROTC Alumni League
Information last updated on: Wednesday, 08-Dec-2004 03:07:19 MST
This page maintained by [Webmaster].

Neither the United States Navy, the United States Marine Corps
nor any other component of the Department of Defense
has approved, endorsed, or authorized this website.


.