Phi Chi Theta Educational Foundation eednews

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1 1 Phi Chi Theta Educational Foundation eednews I S S U E 2, F Y F E B R U A R Y S P E C I A L P O I N T S O F I N T E R E S T : Apply for the I N S I D E T H I S I S S U E : Letter from the President The Scholarship Program Article Lester F. Richardson Apply for the Scholarship and Tidbits from Scholarship Committee Meet the Trustees Recognizing Scholarship Awardees Scholarships! Meet the Trustees! Donation Form List of Chapters & Universities who have benefitted from the scholarship Awards Melissa Bolin, President We had announced in our previous edition of the eednews that we are raising funds for a new endowment. The endowment is named after one of our previous National Presidents, Kay Durden. Our goal is to have $20,000 principal in the investment account and be able to give our first scholarship in We are currently about halfway to our goal, and we still have a year and a half to go! This is great progress and it is because of the hard work of the Trustees and all of our donors who have contributed to this endeavor. Like our Facebook page, follow us on Twitter and help us spread the word so we can reach our goal! We also have a wonderful announcement to make. We are pleased to let you all know that we have received the funds for a second endowment this year! This endowment is named in honor of the father of one of our past National Presidents, Dr. Danity Little. It is called the Lester F. Richardson Memorial Endowment in honor of her very Pro-Phi Chi Theta father. Please see page 4 to read the story of how Dr. Little s father inspired her to do more, and be more, by encouraging her to join the fraternity and make a difference. We can t thank her enough for this fully-funded endowment, and we are pleased to be able to honor Mr. Richardson s memory in this way. The first scholarship will be given out at the National Meeting in Wichita in August. So, get out there and apply for the scholarships, spread the word about us, and encourage donations whenever you can. Don t forget that chapters who donate will receive National Award Points on the Calendar of Due Dates. Those bonus points might come in handy if you are in the running for the biennial awards. Please enjoy this edition of the eednews and feel free to reach out to us if you have questions or comments. I can be reached at foundationprez@phichitheta.org. Sincerely, Missy Bolin Phi Chi Theta Educational Foundation President Dear Phi Chi Theta Members, Alumni, and Friends, This edition of the eednews is an important one for the Educational Foundation. In this edition, we announce how many and how much the scholarships will be. This year, we are fortunate to be able to award five scholarships at the national meeting in Wichita, Kansas. The trustees have been working hard all year to raise these funds, so we can give them out to deserving recipients. Now it is time for our collegiate and alumni members who are attending school next fall, to do some of the work. We need you to apply for these scholarships! Check out the qualification criteria on page 5 for details. The process is not very complicated, but you will want to get your transcript ordered, and your letters of recommendation requested soon. See Pages 5 and 6 for tips to help you make your application a success. Kay Durden Fundraising Goal Donor Form 12 13

2 2018 Scholarships 2018 Scholarships 2 Anna E. Hall Memorial Scholarship $1,000 A scholarship was established in 1989 to honor the memory of Anna E. Hall, Founder. She was a member of Colorado Alpha, University of Denver. In 1924, Anna was the National President of Phi Theta Kappa Business Sorority. Anna facilitated the pre-merger negotiations in Pittsburgh between Phi Theta Kappa and Phi Kappa Epsilon. Anna led the Phi Theta Kappa convention in 1924 that resulted in the merger and creation of Phi Chi Theta. After she graduated from the University of Denver, she moved to Chicago and was an active member of the Chicago Alumni Chapter, to which she gave her loyal support. Anna was a devoted member who, with her quiet demeanor, was a force in her own way. She attended most of the Delta Chapter meetings to encourage chapter members to become members of the Chicago Alumni Chapter. Helen D. Snow Memorial Scholarship $1,000 A scholarship was established to honor the memory of Helen D. Snow, Honorary Member of Delta Chapter, Northwestern University. Helen served as the first female Dean of the Evening Division, School of Business, Northwestern University. This was before political correctness became a common buzzword. She was also the advisor to the Delta Chapter. Helen served as a mentor to members who were minority (female students) on a basically male-dominated campus at Northwestern.

3 3 Naomi L. Satterfield Memorial Scholarship $1,000 The Naomi L. Satterfield Memorial Scholarship is an endowment, established in February 2001 as a result of a bequest to the Foundation. This scholarship is named in honor of Naomi l. Satterfield, who was the Past National President ( ). Naomi is also one of the Founders of the Phi Chi Theta Educational Foundation, established in It is awarded to members who exemplify the qualities of leadership and commitment to Phi Chi Theta. This endowment is fully funded from tax deductible donation and contributions made by friends and family of Naomi Satterfield and fellow Phi Chi Theta Fraternity sisters and brothers. Lester F. Richard Memorial Scholarship $2,000 The Lester F. Memorial Scholarship is an endowment, established in 2017, by Dr. Danity Little, Trustee of the Phi Chi Theta Educational Foundation, in honor of her late father. Lester F. Richardson earned his B.A. from Southeastern College; his Master s Degree in Business Administration from Rollins College. He had an extensive ministry as a pastor, evangelist and teacher. He was the author of Out of God Came Man. He raised four children, with his loving companion, Boots. He loved to travel throughout the United States and internationally. Little things lead to big results was a favorite saying of his. He started one of the largest Pentecostal churches in Winston-Salem, North Carolina. He took a membership of one and it grew to thousands of members.

4 4 Lester F. Richardson Memorial Endowment WHY PHI CHI THETA??? Dr. Dani Little MY DAD WAS PRO-PHI CHI THETA. He thought it was a great way for women starting in college and in their chosen profession to gain first hand experience in the business world. Background: In 1973, I began at the University of Maryland. My Dad was delighted when I enrolled and told me Get as much education as you can; no one can take that from you. Since I was an accounting major, the second advice he gave me was to join a group that is composed of accounting majors and you will be able to share ideas and know about job opportunities. No group existed on campus at that time (there was one, but only for men). As I was on the Dean s advisory committee, I asked why not a group for women. The Dean said there used to be, but it is inactive. But if we could get enough interested, he would sponsor us. (He was also the Advisor for the Men s fraternity). Long story but the highlights he showed me a trunk which had been stored in the men's fraternity office that was filled with Phi Chi Theta information, long robes and pearls. Alpha Mu became reactivated. Again, my Dad played a pivotal role in encouraging me and especially since I told him the history of 6 women who were our Founders in 1924, and the purpose of the Fraternity was: To promote the cause of higher business education and training for all women, to foster high ideals for women in business careers, to encourage fraternity and cooperation among women preparing for such careers; to stimulate the spirit of sacrifice and unselfish devotion to the attainment of such ends. From then on, Dad encouraged me to get involved and said this is a great Fraternity whose goals are your goals and provides the opportunity to practice skills in leadership, try out ideas, create relationships and have lifetime friends all in a safe environment. Another spotlight was in 1986 in Cincinnati, Ohio when we were trying to find a national honorary member who could come to the National Convention I off handedly mentioned this to my Dad and his advice was always start at the top when you need or want something from others. It is easier to go down than it is to go up. I contacted Mrs. Marge Schott, Chairman of the Board and President, Cincinnati Reds Baseball team. She accepted the invitation to be a National Honorary member of Phi Chi Theta. My Dad was my biggest mentor and pusher to do things out of the box. He was always reading, going to school or learning a skill. He took Spanish so he could counsel migrate workers and he set up a library for them, he did the taxes for the community, he was the first white teacher in an allblack school, he was a supporter for anyone that came to him and asked for help. These are just a few examples of why I think that the endowment in his name should be invested in Phi Chi Theta Educational Foundation. I think he would have loved to know that his support, mentoring and encouragement lives on through the form of scholarship that would help someone to continue her/ his education. Dr. Danity Little Life Member Past President of Phi Chi Theta Fraternity ( ) Trustee of Phi Chi Theta Educational Foundation

5 5 APPLY FOR SCHOLARSHIP APPLICATION NOW! Deadline is May 1, 2018 Send your application by It is recommended that you request letters of recommendation, on letterhead, and transcript no later than April 1, 2018 since these items are sent separately from application. Applications that are late or incomplete will not be considered. Please review the application instructions following this section and the checklist provided on the last page of the application. Please send, by , a photoquality business/professional picture, separate from the application. Winners of the 2018 scholarships will be announced during the national meeting in Wichita, Kansas. To qualify for consideration, applicants must be: A member of Phi Chi Theta in good standing. This means that annual and assessment dues are paid. A student who has completed at least one semester or two quarters of college in the United States. A student who will be enrolled in and attending classes during the forthcoming academic year at an approved college or university in the United States, in pursuit of a degree (bachelor s, master s, or doctoral) in the fields of Business and/or Economics, or minoring in business or economics. The criteria for selection will be based upon: Phi Chi Theta achievements and contributions Scholastic achievement as demonstrated in official transcript. Courses enrolled in during the Spring Semester 2018 (Will be on some transcripts; if not, send the list of courses you are taking with your application.) School and community achievement and activities Faculty member (required) and either a Phi Chi Theta Fraternity officer, or an employer s letters of recommendation Essay question Here are some combined tidbits from the previous Scholarship Committee members: 1. Interested in people that give of themselves selflessly in our organization, as well as involvement in the community at large which brings good rapport to Phi Chi Theta. Also looking at the overall tone of the given applicant s submission. Measurable achievements are the ultimate determining factor. Capture any demonstrable accomplishments to these ends, both great and small in the applications. Before you hit the send button on a PCT scholarship application, pause for a moment to reflect upon how you have given yourself to the community. You are being formally assessed by that community. After all you have achieved, how you then comport yourself to others in your communications takes an additional effort. What and how you formally publicize contributions above and beyond will retain a degree of permanency and notoriety in the decision-making process. Take credit for assuming permanent and temporary positions of responsibility in PCT and in any volunteer roles. Avoid the pitfalls of both understatement and overstatement and do no overlook possibilities that may apply in special circumstances, as appropriate. 2. Ensure that the questions are answered. 3. Be specific, state what, how and when things happened at Phi Chi Theta under your guidance. 4. Keep a log of activities that you feel would set you apart from others applying for scholarship. 5. For recommendations letter, suggest the reference know personally your involvement with PCT. Continued...

6 6 Scholarship Committee tidbits continued Be sure to tailor your application to your strengths. If you have been involved in numerous PCT/ school programs or community involvement initiatives, your PCT Achievements and Contributions (Section 3) and School and Community Achievement and Contributions (Section 4) portions may be better expressed with headers and bullet points for each activity/program. However, if you involvement is limited to one or two activities, you will benefit more from using a paragraph structure that focuses on how those events impact(ed) you. Regardless of the style you choose, be sure to describe your specific contributions in detail. 7. When completing the essay portion, the more thoughtful you can be in your responses, the better. 8. Do not forget to review your application for spelling and grammar errors. Answer each question as completely as possible, paying attention to any opportunities to showcase your positive character traits. 9. Be sure to apply. The Foundation looks forward to learning about your accomplishments and goals, and helping you get closer to achieving them. 10. The applications that stood out were the ones that made their involvement in Phi Chi Theta the main narrative of the application. The academic piece is only one part of the college experience; the rest is how a student chooses to develop themselves professionally, personally and who they choose to surround themselves with. Phi Chi Theta gives its members the resources to expand beyond their academic education. As an application reviewer, I want to hear specific stories about how an applicant has leveraged his/her involvement to develop themselves and how they have passed on the knowledge and skills they have learned. 11. Don t let a lower GPA or perceived lack of accomplishments deter you from pursuing this opportunity to apply! Even a small award can save you hundreds of dollars in long-term student loan pay-off amounts. 12. When you ask the people recommending you for the scholarship, give them the form that is located on the last page of the scholarship application. The people receiving this form do the best job with the recommendations. Also, the letters of recommendation must be on letterhead. Does your chapter have letterhead stationery? If not, send an to the Chair: pctedscholarship@aol.com and she will send the chapter a sample letterhead, approved by the Phi Chi Theta Fraternity. 13. If your chapter refers to members as Brothers, remember that when you fill out the scholarship application, you should refer to the members as Sisters and Brothers. If you have your President writing a letter of recommendation, he/she should refer to the members as Sisters and Brothers, or refer to you as a Sister or Brother. Are you shopping on Amazon? This is a reminder for you to shop at smile.amazon.com and you can increase donations for Phi Chi Theta Educational Foundation. Be sure to link the image to your unique charity-link, which takes customers directly to smile.amazon.com in support of your charity: smile.amazon.com/ch/

7 7 PHI CHI THETA EDUCATIONAL FOUNDATION TRUSTEES Meet the Trustees! Missy Bolin, President Annette Stewart, Secretary Mary Ellen Lewis, Treasurer, Editor of eednews and Scholarship Chair, Gary Hodge, Phi Chi Theta National President Michael Grover Central Regional Director Russell Hoskins Elise Kidd Slasnsky Dr. Danity Little Dr. PeterMax Miller Frances Spencer Michael Zornjak

8 8 Recognizing Scholastic Achievement Since awarding our first scholarship in 2003, the Phi Chi Theta Educational Foundation has awarded 66 scholarships to members who exemplify scholastic achievement, leadership and commitment to the ideals of Phi Chi Theta Nicole Loncorich, Gamma Iota, University of Colorado at Denver (Trustees Scholarship) 2004 Stacey Beckstrom, Alpha Mu Chapter, University of Maryland (Naomi L. Satterfield Memorial Scholarship) Victoria Malan, Delta Chi Chapter, California State University at Chico (Trustees Scholarship) Helen Tran, Beta Theta Chapter, Sam Houston State University (Anna E. Hall/Helen D. Snow Scholarship) 2005 Kelly Ann Duncan, Beta Chi University of Tennessee at Martin (Naomi L. Satterfield Memorial Scholarship) 2006 Sara Swanson, Alpha Upsilon Bradley University (Naomi L. Satterfield Memorial Scholarship) Rachel Nedelman, Alpha Iota Pennsylvania State University (Naomi L. Satterfield Memorial Scholarship) Rachel Payne, Beta Chi University of Tennessee at Martin (Trustees Scholarship) Max Snitkovsky, Epsilon University of Pittsburgh (Lester F. Richardson Memorial Scholarship) Elise Marie Kidd, Zeta Gamma Univ. of Illinois, Urbana-Champaign (Helen D. Snow Memorial Scholarship Stephanie Zvonkovich, Alpha Iota Pennsylvania State University (Anna E. Hall Memorial Scholarship) 2007 Elise Marie Kidd, Zeta Gamma University of Illinois, Urbana-Champaign (Naomi L. Satterfield Memorial Scholarship) Andrew Noh, Zeta Beta University of Michigan (Anna E. Hall Memorial Scholarship) Amy McMahon, Zeta Beta University of Michigan (Helen D. Snow Memorial Scholarship) Clare Abdalla, Alpha Iota Pennsylvania State University (Trustees Scholarship) 2008 Megan Myers, Zeta Gamma Univ. of Illinois, Urbana-Champaign (Naomi L. Satterfield Memorial Scholarship) Lauren M. Chuday, Alpha Iota Pennsylvania State University (Irene M. Meyer Memorial Scholarship) Heather Elaine Grossner, Beta Chi University of Tennessee at Martin (Trustees Scholarship in Honor of Dr. Kay Durden) Sarah Koman, Alpha Mu University of Maryland (Lester F. Richardson Memorial Scholarship) Katherine Griffin, Alpha Nu/Dallas Alumni (Anna E. Hall Memorial Scholarship) Jacqueline E. Recchia, Epsilon Phi Michigan State University (Helen D. Snow Memorial Scholarship)

9 Melissa Bolin, Gamma Iota University of Colorado Denver (Naomi L. Satterfield Memorial Scholarship) Melissa Hall, Epsilon University of Pittsburgh (Irene M. Meyer Memorial Scholarship) Lindsay Solomon, Alpha Iota Pennsylvania State University (Trustees Scholarship in Honor of Phi Chi Theta s 85 th Anniversary) Johnny Crane, Zeta Epsilon Grand Valley State University (Anna E. Hall Memorial Scholarship) Lisa Htang, Epsilon Phi Michigan State University (Helen D. Snow Memorial Scholarship) 2010 Todd S. Scheff, Zeta Beta University of Michigan, Ann Arbor (Naomi L. Satterfield Memorial Scholarship) Alexander (Alex) Nestorov, Zeta Beta University of Michigan, Ann Arbor (Irene M. Meyer Memorial Scholarship) Cristina Talucci, Zeta Eta University of Indiana Bloomington (Trustees Scholarship in Honor of Saundra Finley, Executive Director of Phi Chi Theta) Lacey D. Barnickel, Alpha Mu University of Maryland (Lester F. Richardson Memorial Scholarship) Sara Mitchell, Beta Chi University of Tennessee at Martin (Anna E. Hall Memorial Scholarship) Barbara Menico, Zeta Delta Drexel University (Helen D. Snow Memorial Scholarship) Lindsey A. Vaught, Alpha Upsilon Bradley University (Naomi L. Satterfield Memorial Scholarship) Yulia Shvetsova, Gamma Tau University of Montevallo (Irene M. Meyer Memorial Scholarship) 2011 Simon Qin, Zeta Beta University of Michigan, Ann Arbor (Trustees Scholarship in Memory of Kay Durden) Nikita Shenoy, Alpha Mu University of Maryland (Anna E. Hall Memorial Scholarship) Fu Han Liang, Zeta Beta University of Michigan, Ann Arbor (Helen D. Snow Memorial Scholarship) 2012 Pamela Cohen, Alpha Iota, Pennsylvania State University (Naomi L. Satterfield Memorial Scholarship) Melissa B. Jackson, Delta Sigma James Madison University (Irene M. Meyer Memorial Scholarship) Kendall Verbeek, Zeta Beta University of Michigan (Trustees Scholarship in Memory of Mary Seymour) Ashley Dixon, Alpha Nu University of North Texas (Kay Durden Memorial Scholarship) Joshua Gabbard, Beta Theta Sam Houston State University (Anna E. Hall Memorial Scholarship) Stephanie Kappel, Epsilon Phi Michigan State University (Helen D. Snow Memorial Scholarship)

10 Frank Olivio, Zeta Gamma University of Illinois, Urbana-Champaign (Naomi L. Satterfield Memorial Scholarship) Cameron Maisch, Zeta Beta University of Michigan (Irene M. Meyer Memorial Scholarship) Jeremy Kozler, Epsilon Phi Michigan State University (Anna E. Hall Memorial Scholarship) Orian Novat, Alpha Iota Pennsylvania State University (Helen D. Snow Memorial Scholarship) 2014 Patrick Wolff, Zeta Lambda, Ohio University (Naomi L. Satterfield Memorial Scholarship) Jennifer Pierz, Delta Sigma James Madison University (Irene M. Meyer Memorial Scholarship) Andrea Kenner, Zeta Epsilon Grand Valley State University (Trustees Scholarship in Honor of Grainger, Inc.) Joshua Gabbard, Beta Theta Sam Houston State University (Kay Durden Memorial Scholarship) Brooke Tawney, Gamma Iota University of Colorado Denver (Anna E. Hall/Helen D. Snow Memorial Memorial Scholarship) 2015 Sheri Lambesis, Zeta Gamma, University of Illinois, Urbana-Champaign (Naomi L. Satterfield Memorial Scholarship) Joost Ligthart, Beta Lambda Ohio University (Helen D. Snow Memorial Scholarship) Katie Weaver, Alpha Nu University of North Texas (Anna E. Hall Memorial Scholarship) 2016 Emma Weil, Epsilon Phi, Michigan State University (Naomi L. Satterfield Memorial Scholarship) Sophia Wright, Epsilon Phi Michigan State University (Irene M. Meyer Memorial Scholarship) Stephen Cimbalik, Zeta Epsilon Grand Valley State University (Trustees Scholarship in Honor of Greg Holden) Elana Ross, Zeta Mu Miami University (Kay Durden Memorial Scholarship) Mikayla Holub, Zeta Lambda Ohio University (Anna E. Hall/Helen D. Snow Memorial Scholarship) 2017 Peyton Pawlusiak, Epsilon Phi, Michigan State University (Helen Snow/Anna Hall Memorial Scholarship) Rachel Jacoby, Zeta Gamma University of Illinois at Urbana-Champaign (Trustees Scholarship) Anthony Garcia, Delta Mu University of Texas at Austin (Greg Holden/Chris Zebrowski Scholarship) Lester F. Richardson Memorial Scholarship Naomi Satterfield Memorial Scholarship Anna E. Hall Memorial Scholarship Helen D. Snow Memorial Scholarship 2018

11 The Phi Chi Theta Educational Foundation has awarded 66 scholarships since 2003 to members of Phi Chi Theta Fraternity. Here is a list of chapters who have benefitted from those scholarship awards. 11 Alpha Iota, Pennsylvania State University 2006 (2), 2007, 2008, 2009, 2012, 2013 Alpha Mu, University of Maryland 2004, 2008 (2), 2010, 2011 Alpha Nu, University of North Texas 2008, 2012, 2015 Alpha Upsilon, Bradley University 2006, 2011 Beta Chi, University of Tennessee at Martin 2005, 2006, 2008 (2), 2010 Beta Theta, Sam Houston State University 2004, 2008, 2012, 2014 Delta Chi, California State University 2004 Delta Mu, University of Texas at Austin Delta Sigma, James Madison University 2012, 2014 Epsilon, University of Pittsburgh 2006, 2009 Epsilon Phi, Michigan State University , 2013, 2016 (2), 2017 Gamma Iota, University of Colorado Denver 2003, 2009, 2014 Gamma Tau, University of Montevallo 2011 Zeta Beta, University of Michigan 2007 (2), 2010 (2), 2011 (2), 2012, 2013 Zeta Delta, Drexel University 2010 Zeta Epsilon, Grand Valley State University 2009, 2014, 2016 Zeta Eta, University of Indiana Bloomington 2010 Zeta Gamma, University of Illinois, Urbana-Champaign 2006, 2007, 2008, 2013, 2015, 2017

12 12 Kay Durden Endowment Fundraising 2020 $20,000 in donations by $10,000 FY 2018 $5,000 $5,000 FY 2017 $5,000 The Foundation relies on its trustees, members, family, and corporation matching funds for donations. Funds raised one year, except for the Naomi Satterfield Scholarship Endowment and the Lester F. Richardson Endowment, are used the year received. The donations are put into a non-investment account, earning very little interest. The trustees want to treat the Kay Durden Memorial Scholarship the same way it treats the Naomi Satterfield Scholarship and Lester F. Richardson Endowments, investing the funds in equities and fixed income and Preferreds and alternatives. In order to do that, the Phi Chi Theta Educational Foundation has set a goal of $20,000 to start an endowment in Kay Durden s name. As of this date, $10,000 has been donated. It means that we will not be offering the Kay Durden Memorial Scholarship until However, in the long run, it will be a magnificent way of showing that the Phi Chi Theta Educational Foundation is serious-minded about its mission. The Foundation will continue to offer three or more scholarships each year Naomi Satterfield Memorial Scholarship, Anna Hall Memorial Scholarship and the Helen Snow Memorial Scholarship, for example. Lester F. Richardson Memorial Scholarship will be offered every other year, starting in If each chapter would consider hosting a fundraiser each year for the purpose of helping establish a Kay Durden Memorial Scholarship endowment, the Foundation will be able to fulfill its commitment to offering the Satterfield, Richardson and the Durden scholarships for many years to come. It is absolutely necessary for the Foundation to come up with fundraising ideas every year. Hopefully, this year, you will put this particular fundraiser on your calendar, and that a fundraiser for the Foundation will be an annual tradition. this fundraiser now, you have the full academic year to make this particular fundraiser a reality.

13 13 Phi Chi Theta Educational Foundation Donation Form Yes, I would like to make a donation: Name: Address: City: State: Zip Code: Phone: Chapter: Employer/Job Title: I want to make a tax deductible contribution of: $ Yes, my company has a matching program. I will apply for the matching Grant. Please use my gift for the following purpose (select one or more): Naomi L. Satterfield Memorial Scholarship Irene M. Meyer Memorial Scholarship Dr. Kay Durden Memorial Scholarship Anna E. Hall/Helen D. Snow Memorial Scholarship Educational Program, Training and General Fund Other. Please designate: Other could be a named scholarship in memory of/honor of someone you name. If you use this option, the donation should be for at least a $500 scholarship.) (Note: Award points are given from the Phi Chi Theta Fraternity to your chapter when your chapter sends in a donation.) Mail your donation to: Phi Chi Theta Educational Foundation Post Office Box Carrollton, TX By credit card: JustGiving.com