The Falcon Foundation is a 501(c)(3), non-profit foundation.  Its purpose is to provide scholarships to private preparatory schools for motivated young people seeking admission to the United States Air Force Academy and a career in the Air Force.  Although it is a separate organization, the Falcon Foundation works closely with the USAF Academy. Information concerning the Foundation and its scholarship program appear in the Air Force Academy Catalog.    This fact sheet explains the purpose, needs, organization and accomplishments of the Foundation. Such information should be made available to all qualified young men and women who might be interested in private preparatory school training to improve their chances for entrance to the U.S. Air Force Academy.

 THE FALCON FOUNDATION

PURPOSE AND BACKGROUND

     The Falcon Foundation undertakes to supply for a limited number of highly-motivated young people the opportunity to prepare for admission to the United States Air Force Academy, by providing scholarships at a Junior College or preparatory school especially selected for this purpose. A group of prominent Air Force alumni organized the Foundation in 1958, three years after the Air Force Academy was established.

     The Falcon Foundation recognized that many deserving young people, with outstanding potential for an Academy education and a desire for an Air Force career, need additional academic preparation prior to cadet appointment. The competition for an Academy appointment is intense — and those who have not had the best educational opportunities may need to prepare more thoroughly to compete for admission.

     The Falcon Foundation endeavors to meet this need within its means through its sustaining program of annual scholarship grants.

     The Falcon Foundation acquires funds necessary to under-take the scholarship program from memberships, contributions and donations. The number of scholarships awarded annually is determined by the funds available. Contributions and donations to the Foundation are tax deductible to the donor and tax exempt to the Foundation.  Each scholarship is dedicated in honor of a pioneer in aviation or individuals who have distinguished themselves in aviation or defense positions.