The purpose of this directive is to implement formally the George T. Jones Scholarshipunder the George T. Jones Management and Oversight Committee of the Greater Austin Council (GAC) of the Navy League of the United States.
George T. Jones was a Navy veteran, member of the GAC of the Navy League for many years, and loved the Navy and the Navy League. He was a distinguished military graduate from the University of Texas and subsequently graduated highest in his class, Rangefinder School (Fire Control). He was generous with his time and financial support of the Navy League and was instrumental in the success of the 2003 "Old Ironsides Across the Nation" in Austin as he coordinated a large donation from IBM Corporation for whom he worked for many years. He received a Meritorious Service Award from the GAC of the Navy League in 2003. His last official act as a GAC member was to join the GAC group in Boston to be honored by the USS CONSTITUTION Museum and to sail on "Old Ironsides".
The GAC Strategic Plan carried forward each year calls for the establishment of a scholarship fund. In 2003, the family of George T. Jones and his friends established the initial corpus of this fund. This scholarship is established in the name and memory of George T. Jones.
The George T. Jones Scholarship Fund (the Fund) will be administered by the George T. Jones Scholarship Fund Management and Oversight Committee (JSFMOC) directly responsible to the GAC chairman of the board . This committee will be responsible for the monitoring and reporting on growth of the Fund and for providing recommendations for direction in investment and distribution.
The JSFMOC will be composed of two or more active members of the GAC and will include a member of the George T. Jones family. They shall select a chairman whose duties entail the coordination of committee communications on fund growth, recommendations for scholarship awards to the GAC Board, and annual fund status reports to the GAC.
JSFMOC duties and responsibilities will include:
The Fund will be maintained apart from GAC operating funds in separate accounts and investments. Scholarship(s) will be for a minimum of $500. A minimum of one scholarship per academic year will be awarded. As the fund matures, additional scholarships or increased dollar values can be considered.
Funds will be replenished through donations, fundraisers, and solicitations as may be deemed appropriate by the GAC Board of Directors. The GAC of the Navy League has pledged a minimum of $1,000 per year to its growth. Additionally, the GAC will make a donation to the scholarship fund in honor of each GAC member who has deceased during each fiscal year. This donation will be at the discretion of the GAC Board of Directors but is initially set at $100 per deceased member.
Criteria for this scholarship shall include:
Nomination packages will be submitted to the JSFMOC. The committee will review nomination packages, conduct interviews and forward its review and recommendation to the GAC Chairman of the Board who, in concurrence with the GAC Board of Directors, will have the final candidate approval.
Nomination packages are due annually on 1 March beginning in 2012. Scholarship interviews will be conducted during March by the JSFMOC and will be awarded at the April/May GAC dinner/business meeting.
Nomination packages for 2012 should sent to:
George T. Jones Scholarship
c/o James D. Brotherton
5108 Scottish Thistle Dr
Austin, TX 78739-1471
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