CAVU Impact Partner: MARINE CORPS SCHOLARSHIP FOUNDATION RECIPIENTS PAY IT FORWARD
June 26, 2023
CAVU Securities is proud to recognize The Marine Corps Scholarship Foundation (MCSF) as one of our 2023 Capital Markets Commitment Recipients. As part of our Capital Markets Commitment and CAVU Impact Pledge, we donate 10% of gross revenues from capital markets deal fees and money fund share classes to nonprofit partners serving veterans and other underserved communities. We have donated over $500,000 to our recipients from 2022 to date.
Every year, MCSF provides the children of former and current Marines with the means to obtain post-secondary education. For over 60 years, MCSF has provided need-based scholarships to the children of Marines and those of Navy corpsmen and religious chaplains attached to Marine units. These scholarships have allowed those who might not otherwise have been able to afford post-secondary education to pursue their dreams of going to college or obtaining vocational training without having to place an undue financial burden on themselves or their families.
Margo Cianchetta’s father retired as a Sergeant Major in the Marine Corps in 2002. Margo credits her father with passing on many of the Marine Corps values to her. When discussing this aspect of her upbringing, she said, “The core values the Marine Corps instills in you are honor, courage, and commitment. So as a child of a Marine, these are the kinds of things that you take with you, especially as the daughter of a Sergeant Major. You do everything you can to not only be the best that you can be but to make him [my father] proud.”
As a senior in high school, Margo applied for and received a scholarship from MCSF, which allowed her to attend Rutgers University, where she graduated summa cum laude with a degree in Communications in 2006. Today, Margo makes great use of the skills she honed in college as the MCSF’s Director of Development. Like Margo, Cole Garcia, the son of a veteran Corporal in the Marines, has also been inspired and shaped by the values of the Marine Corps. Cole recently graduated from the University of Illinois Urbana-Champaign with a degree in Molecular Cellular Biology. Cole will begin medical school in the fall and intends to pursue a career as an orthopedic trauma surgeon. He is deeply grateful to the MCSF and for the support they have given him.
“Thanks to the continued support I have received from the Marine Corps Scholarship Foundation, I am working my way toward a career providing medical care for service men and women. I can’t think of patients who are more deserving to receive the best care possible and I hope to be a part of that one day,” – Cole Garcia
MCSF continues to make a difference in the lives of young men and women across the country. They recently announced that they are awarding scholarships to 2,758 recipients, with a value of $10.8 million dollars, for the 2023-24 academic year, which is the most scholarships awarded in MCSF history.