Founded in 1962, the Marine Corps Scholarship Foundation is the nation’s oldest and largest provider of need-based scholarships to military children. With scholarship recipients in all 50 states and an annual award output in the millions of dollars, the Foundation’s historic success has long been rooted in an active community of donors, volunteers, Marines and their families coast to coast. Today, the Scholarship Foundation’s mission continues to grow at an exciting pace with an increasingly national focus. Since 1962 the Scholarship Foundation has awarded nearly 40,000 scholarships valued at close to $120,000,000 to the children of Marines and Navy Corpsmen that serve in Marine units.
The Foundation’s revenue comes primarily from private sources: investments from individuals, foundations, and corporations, plus endowment income. The Foundation also receives revenue from the sale of state license plates in three states. Many donations come via 30-plus annual events, such as golf tournaments and dinner galas organized by volunteers around the country. The Foundation’s average annual fundraising goal is $19 million, which funds:
- $7.3 million of annual scholarships,
- Annual foundation operations, and
- Foundation endowment to fund millions of dollars of future scholarships
The Scholarship Foundation is currently seeking a seasoned President and Chief Executive Officer or retired General/Flag Officer to serve as its next President & CEO. Reporting to the Board of Directors, and working with the Advisory Board, the President & CEO will have overall strategic and operational responsibility for the Scholarship Foundation’s staff of 26 employees, programs, expansion, and execution of its mission ensuring it is capable of delivering on its long-term vision. Specifically, working with the Chief Operating Officer, Chief Brand Officer, and Chief Development Officer, the President and CEO ensures that the Scholarship Foundation’s fiscal, operations, investor development and stewardship, brand positioning and marketing, events, human resource, technology and data operations, and programs are strategically planned and aligned as well as effectively implemented across all segments of the organization.
The Chief Executive Officer must have:
- Record of service as a General/Flag Officer or a President and CEO.
- Prior nonprofit experience ideal; management of a global or multisite organization preferred.
- At least 15 to 20 years of overall professional leadership experience.
- Minimum of a BA, ideally with a Master’s degree or related advanced degree.