SUNY Maritime College 2019-2020 Annual Report

ENDOWMENT FUNDS *

CAPTAIN JOSEPH BUONOCORE CLASS OF 1979 SCHOLARSHIP Member of the Class of 1979 and Friends The members of the Class of 1979 established this fund to support the recruiting of incoming students to the Regiment of Cadets. CLASS OF 1956 SCHOLARSHIP Member of the Class of 1956 and Friends Established by members of the Class of 1956, this fund supports scholarships for students in the Regiment of Cadets who are in good standing and have documented need. CLASS OF 1957 MEMORIAL ENDOWED SCHOLARSHIP FUND Members of the Class of 1957 and Friends Established by members of the class to mark their 60 th reunion, this fund will provide need-based scholarships for high-achieving, full-time students in the Regiment of Cadets pursuing a U.S. Coast Guard license. CLASS OF 1958 SCHOLARSHIP Member of the Class of 1958 and Friends Established by members of the Class of 1958, this fund supports scholarships for students in the Regiment of Cadets who are pursuing either a deck or engine license. CLASS OF 1959 MEMORIAL SCHOLARSHIP FUND Member of the Class of 1959 and Friends The members of the Class of 1959 established this fund in recognition of their 60th reunion to recognize members of the class, currently living or deceased, for the benefit of needy cadets pursuing a deck or engine license.

ADMIRAL’S SCHOLARSHIP DINNER Multiple Donors This fund, established with donations from the Admiral’s Dinner, supports recruitment scholarships for incoming freshmen. ALFULTIS FAMILY SCHOLARSHIP Rear Adm. Michael and Kim Alfultis This fund was established by Rear Adm. Michael and Kim Alfultis to support a need-based scholarship for an outstanding student with the specific objective of allowing an accomplished and needy student to complete their education. AMERICAN BUREAU OF SHIPPING American Bureau of Shipping Established with a $3m gift from the American Bureau of Shipping, this fund supports two faculty chairs: • ABS Chair of Marine Engineering and Naval Architecture • ABS Chair of Marine Transportation and Logistics WILLIAM L. BABEL MEMORIAL SCHOLARSHIP FUND The Kretzmer Family The Kretzmer family established this fund in memory of their father and grandfather, William L. Babel, to support an outstanding and needy member of the Regiment of Cadets in completing their education. THE ELIZABETH BONN ’04 ENDOWED Fund was established by her parents to benefit students in the Regiment of Cadets embarking on their First Class cruise, with preference for Marine Environmental Science majors and female cadets who lead a physically fit lifestyle. SCHOLARSHIP The Bonn Family

CLASS OF 1961 MEMORIAL SCHOLARSHIP Member of the Class of 1961 and Friends The members of the Class of 1961 established this fund to memorialize members of the class, living or deceased, and to support a scholarship for the benefit of high achieving students. CLASS OF 1966 SUMMER SEA TERM SCHOLARSHIP Member of the Class of 1966 and Friends The members of the Class of 1966 established this fund to support a merit- based scholarship to help offset the expense of summer sea term. THE RUTH MULAN CHU CHAO AND JAMES SI-CHENG CHAO ENDOWED SCHOLARSHIP FUND Chao family, friends and the Foremost Group Established by the Chao family, their friends and their company, Foremost Group, this fund will provide scholarship support to a full-time student in good academic standing, with a preference given to graduate students with a strong knowledge and interest in the Chinese culture and language. EDWARD DANGLER ‘49 SCHOLARSHIP** Capt. Edward Dangler ‘49 This fund was established by Edward Dangler, through estate planning in his will, to benefit high achieving students. THE CHASE E. DAVIS ’15 MEMORIAL SCHOLARSHIP The Chase’s Family and friends Fund was established to celebrate and memorialize Chase’s life by his grandparents, father, family and friends in 2019 and to benefit engineering students pursuing a U.S. Coast Guard license.

PAYDEN DeROSSI ’17 MEMORIAL SCHOLARSHIP The DeRossi, Family and Friends Fund was established by his parents, family, and friends in 2020 to benefit engineering students in the Regiment of Cadets at Maritime College THE DR. JOHN J. AND PATRICIA C. FOODY MEMORIAL SCHOLARSHIP Dr. John J. Foody, Patricia C. Foody Dr. John J. Foody, former chairman of the Engineering Department, and his wife Patricia C. Foody, former principal clerk of the college, established a planned gift to create this endowed scholarship for the benefit of engineering students. CAPT. NICOLAS FRANGOS SCHOLARSHIP Navios Group Established by Angeliki Frangou, Chairman & CEO of Navios Group, and Ted Patrone ’77 Vice Chairman of Navios Group, in memory of Ms. Frangou’s father, Captain Nicolas Frangos, to support financially needy students. THE G&H TOWING COMPANY ENDOWED SCHOLARSHIP G&H Towing Company G&H Towing Company has established a fund to support an undergraduate scholarship for high achieving students who are pursuing a USCG license and interested in a career with tugs and towing. REAR ADM. S. FRANK GALLO, USN ’57 AND JOANNE B. GALLO SCHOLARSHIP Rear Adm. Frank, USN ’57 and JoAnne Gallo Frank and JoAnne Gallo have created an endowed scholarship to benefit a member of the Regiment of Cadets.

26 Annual Report 2019-2020