Hampton Roads Chapter Military Officers Association of America
 
Hampton Roads Chapter MOAA
ROTC Scholarship Fund


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Scholarship Fund Status

Below is the status of our chapter scholarship fund campaign as of October 1, 2024 for calendar year 2024 and for the five-year campaign that will cover 2023 – 2027.

2023-2027 GOALS
 HRCMOAA Scholarship Drive
Status as of
10/1/2024
Goal
Amount
Contributed
%
of Goal
Need by
Date
 $ Still
Needed
Total 5-Year Goal 
$25,000
$7,215.00
29%
12/31/2027
$17,785.00
Annual Goal for 2024
$5,000
(Year 2 of 5)
$3,610.00
72%
12/31/2024
$1,390.00
New Five-Year Campaign began January 1, 2023 and runs through December 31, 2027
The following is a breakdown of the chapter members who have contributed to the scholarship fund this year.
2024 Contributions
PLATINUM - $500 and above
 CDR Daniel Edwards, USN (Ret.)
CAPT Roger Blood, USN (Ret.)
CDR George Coker, USN (Ret.)
Colonel Merlin Statzer, USMC (Ret.)
GOLD - $250 to $499
 CAPT Loren Heckelman, USN (Ret.)
Major & Mrs. Clifton Furedy, USAF (Ret.)
CAPT Kenneth Marks, USN (Ret.)
LCDR Daryl Holland, USN (Ret.)
SILVER - $100 to $249
 COL Jack Hilgers, USMC (Ret.)
LT & Mrs. Hans P. Juhl Hidle, USN (Ret.)
CAPT Stephen Nowak, USN (Ret.)
CDR Carl Thoren, USN (Ret.)
LT Stephen Hackney, USN (Ret.)
Bronze Under $100
CAPT James V. Daniels, USN (Ret.)
LCDR Eddie Seaton, USN (Ret.)
Mrs. Sharron D’Angelo
COL Charles Shaver, USA (Ret.)
The MOAA Scholarship Fund Board gives preference in awarding scholarships and grants to children with HRCMOAA member parents.  While not guaranteed to go to the child of a chapter member, those children applying for MOAA scholarships with a parent who is a chapter member will receive favorable consideration and the review board will give preference in awarding scholarships to those children. 

Regardless of whether the student’s parent is a chapter member or not, students selected for the MOAA scholarships in the chapter’s name will always be from the area represented by our Hampton Roads Chapter.

How You Can Contribute to the
Hampton Roads Chapter Scholarship Fund

The Hampton Roads Chapter has been very successful and fortunate in its previous two five-year scholarship fund campaigns thanks to the generosity of the chapter members and their commitment to helping young men and women attend college through scholarships and grants from MOAA.  As a result of the success in the previous two campaigns, the board decided to commission another five-year scholarship fund campaign to run from 2023 through 2027 with an annual goal in each year of $5,000.00 and an overall five-year goal of $25,000.00.

There are several ways you can donate to the HRCMOAA scholarship fund.  All donations are tax deductible as the MOAA Scholarship Fund is a qualified IRS 501(c)(3) entity.

The first way is for members to submit their donations online by using the following website URL:

https://charities.moaa.org/HamptonRoadsDonates

The second way is to submit a check, made out to the MOAA Scholarship Fund and mail it to: 

MOAA Scholarship Fund 
PO Box 1824 
Merrifield, VA 22116-9917

Important: Be sure to note on your check in the memo line that it is for the Hampton Roads Chapter Scholarship Fund.  MOAA will continue to send receipts to all contributors.

A third way is to make a Qualified Charitable Distribution. The fund tax identification number is 54-1659039.  By contributing from the Required Minimum Distribution (RMD) of a qualified IRA, the taxable IRA income can be reduced by the amount of the contribution.  The contribution check must be marked as a charitable contribution.  With the recent changes in the tax laws, some of our members have found this method to be beneficial.

You can make qualified charitable distributions (QCDs) of varying amounts to more than one charitable organization each year.  IRA owners age 70 ½ or older can give up to $100,000 a year directly from their IRA to qualified charities.  But you can split that amount among multiple charities.  Say you want to give a total of $50,000 through the QCD move.  You could give five charities $10,000 each, for instance, or two charities $25,000 each.  Just tell your custodian which charities you want to support and how much to transfer directly from your IRA.

Not only will the charity benefit from the QCDs, but you will too.  The QCD amount is excluded from your taxable income and can also count toward your annual required minimum distribution.  It’s a win-win-win.  For additional details, it would be best to contact your IRA fund manager, personal financial planner or tax accountant for specifics.

You also may contribute directly from bequests, wills, or trusts.  You can find suggested language here:

Scholarship Fund Planned Giving

 


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