From the Fall 2016 edition | Back
By Scott Lyman ’84, assistant director of development
As we embark upon another school year, I am inspired by the philanthropy of our alumni over the past year. Through your gifts, pledges, and bequests, we ended the year with nearly $6 million. On behalf of the staff of the Virginia Tech Corps of Cadets (VTCC), thank you for your continued support of our beloved Corps.
Your philanthropy has allowed us to increase the number of scholarships we can offer and to send 12 cadets and three staff members to Europe to see the beaches of Normandy, and increased our total support for the new Corps Leadership and Military Science Building to nearly $22 million. As it continues to grow, the Corps will need your support more than ever if we want to ensure its rightful place at Virginia Tech.
We are currently focused on increasing our endowed scholarship fund. Last year, more than 70 percent of our cadets were supported with financial assistance. With the increasing cost of higher education, it is increasingly difficult for some of our cadets to afford college. I realize that not everyone has the resources to pledge $100,000 to endow a scholarship. However, if every living Corps alumnus were to pledge $1,000 per year for five years, we could raise nearly $58 million. This would allow us to provide a scholarship for every academically eligible cadet and increase the value of the scholarships that we currently award.
Every gift we receive, no matter how large or small, makes a difference in the lives of our cadets. Additionally, more than 23 percent of our Corps alumni give to the VTCC. However, we need to increase that percentage, and only you, our loyal alumni, can do that.
Meanwhile, the preliminary design of the Corps Leadership and Military Science Building has been completed and submitted to the university and the VTCC Alumni Board of Advisors. This new structure will house the commandant and ROTC faculty and staff, multiple classrooms, the Corps Museum, and the Rice Center for Leader Development. The tailor shop will also be accommodated, providing much-needed improvements for storage and sewing activities.
It is through the generosity of Corps alumni and friends that this structure will be possible. Naming opportunities still remain within the building, and donations will ensure that this long-awaited building will be available for generations to come.
The Corps’ second new residence hall is progressing nicely, and we anticipate moving into it later this academic year. When this move occurs, the entire Corps will be housed in the newest residence halls on campus! Stay tuned for more information, and please visit the commandant’s Facebook page at facebook.com/cvtcc for photo updates.
This fall marks the start of the 15th annual Caldwell March. Last spring, we had more than 175 alumni, parents, and friends who supported nearly 250 first-year cadets during the spring march.
Even though the spring 2017 Caldwell March is still several months away, it’s never too early to get involved.I encourage every alumnus to donate $500 to support a freshman cadet as he or she completes the second leg of the 15th annual Caldwell March.
The following is a list of donors who have taken advantage of Corps Leadership and Military Science Building naming opportunities since the spring edition:
• Mrs. and Col. James Brown Jr., Class of 1960
• Staley F. Hester Jr., Class of 1964
• Georgia Anne Snyder Falkinham, in memory of Pete Snyder, Class of 1958
• Col. Charles H. Roede, Class of 1992
• Elise S. Smith, in honor of Frank Smith, Class of 1944
Major Gifts ($25,000 and above)
F. Staley Hester ’64 made an additional gift to his VTCC Malinda G. Sayers and F. Staley Hester Jr. ’64 Endowed Scholarship. A member of F Company in the Corps, Hester has been a proud supporter of the Virginia Tech Corps of Cadets since 1998.
Ellen and James Moore ’74 made a gift in the form of a deferred gift annuity that will support both the Virginia Tech Corps of Cadets and the College of Engineering. As a student, James Moore was a member of the Corps regimental band and graduated from Virginia Tech with a degree in chemical engineering. The Moores continue to be strong supporters of the Corps and the College of Engineering. In addition, the Moores have also made a gift in the form of a Double M Charitable Remainder Unitrust that will support both the Virginia Tech Corps of Cadets and the College of Engineering.
Edward M. Ringley ’58 established an estate gift that will ultimately fund the Edward M. Ringley, Jr. ’58 Scholarship. Ringley is a proud alumnus of Virginia Tech who received a bachelor of science in business administration. While a student, Ringley was a member of C Squadron in the Corps and a member of the German Club. He is creating this endowment to provide expanded opportunities for members of the Virginia Tech Corps of Cadets in perpetuity.
Year-end Giving Tips
This year ends on a Saturday. Check our year-end giving guidelines at
http://bit.ly/yearendguidelines, and plan to complete your gift to the Corps in time to be eligible for 2016 tax deductions.
The charitable IRA rollover is now a permanent option. Visit http://bit.ly/irarollover for information about this popular gift option available to qualifying donors age 70 1/2 or older.
We’re here to help you find a gift that works for you and makes a difference for
the Corps. Contact the Corps development office at 540-231-2892 or email
I look forward to another exciting year getting to know each of you. If there is anything I can do to assist you in determining how you would like to support the Corps, please do not hesitate to contact me directly.