2009 Annual Report

Financial Education and Scholarships Since 1983

2009 Annual Report

Dear Friends of First Command Educational Foundation (FCEF)

It’s hard to believe another year has gone by so quickly. Throughout the 27-year history of FCEF, program expansion, growth, and community

outreach have always been a constant. 2009 was once again a phenomenal year for FCEF with many record-setting endeavors. Through our work with both teens and

adults, FCEF provided much needed financial literacy education to over 2,000 individuals and committed to awarding 128 traditional and nontraditional students with scholarship grants.

In this time of economic flux and uncertainty, FCEF saw yet again a marked increase in the demand for educational services and scholarship assistance.

Three overarching strategic goals continued to guide key strategic activities within the Foundation.Increase the number and knowledge of clients served 1. Increase operating revenue2. Increase organizational capacity and capability3.

These goals were used to focus attention, effort, and resource allocation in pursuit of FCEF’s mission. All FCEF activities directly aligned with a stated goal(s) and internal quality assurance was implemented to ensure continual alignment between goals and agency activities. The three goals are simple statements, but are extremely complex in implementation and execution.

The above three goals will continue to guide FCEF mission implementation for many years to come. As the staff and board look toward 2010, the mission at FCEF will be even more crucial to the public we serve. With an anticipated improvement in the economy, the projected budget for 2010 is very aggressive with a 22.3% increase over 2009 and the expenses for the educational programs services will virtually double. FCEF has worked hard to lower agency overhead and personnel expenses, ensuring every possible dollar is committed to direct program support. FCEF will step outside of traditional development efforts to raise funds by seeking sponsorships to specifically underwrite educational programs. FCEF will also make significant expense reductions with thorough strategic planning.

As demand for services and scholarships increase, FCEF is prepared to meet these major goals in 2010:Shift the focus of many educational programs to youth and underserved, at-risk populations•Award over $209,000 in scholarships to help students offset the burden of increasing college tuition•Develop a new interactive website with the exceptional ability to provide remote student and teacher training, •as well as continuing education credits for educatorsDevelop “turn-key” educational courses that volunteers can use to instruct others in their communities•Provide FCEF’s accredited high school curriculum to 186,000 seniors in Texas at no cost to them or their schools•

As you look through this annual report, you will learn more about the important work and accomplishments of FCEF. The entire staff and Board of Directors are very proud of the accomplishments in 2009, but there is so much more that needs to be done, as our goals for 2010 show. The support FCEF receives from donors such as you definitely helps make all of this possible. We want to thank you for your past faith and trust in FCEF, and sincerely hope you will continue to remember FCEF in your charitable giving. Financial Literacy for Life is not just our tagline, it is our way of life.

Respectfully,

Vickie C. Mauldin Robert L. SlaughterChief Executive Officer Board President

as well as continuing education credits for educatorsDevelop “turn-key” educational courses that volunteers can use to instruct others in their communities•Provide FCEF’s accredited high school curriculum to 186,000 seniors in Texas at no cost to them or their schools•

As you look through this annual report, you will learn more about the important work and accomplishments of FCEF. The entire staff and Board of Directors are very proud of the accomplishments in 2009, but there is so much more that needs to be done, as our goals for 2010 show. The support FCEF receives from donors such as you definitely helps make all of this possible. We want to thank you for your past faith and trust in FCEF, and sincerely hope you will continue to remember FCEF in your charitable giving. Financial Literacy for Life is not just our tagline, it is our way of life.

Respectfully,

Vickie C. Mauldin Robert L. SlaughterChief Executive Officer Board President

Develop a new interactive website with the exceptional ability to provide remote student and teacher training,

Provide FCEF’s accredited high school curriculum to 186,000 seniors in Texas at no cost to them or their schools

As you look through this annual report, you will learn more about the important work and accomplishments of FCEF. The entire staff and Board of Directors are very proud of the accomplishments in 2009, but there is so much more that needs to be done, as our goals for 2010 show. The support FCEF receives from donors such as you definitely helps make all of this possible. We want to thank you for your past faith and trust in FCEF, and sincerely hope you will continue to

2009 3

Developed third edition of high school financial literacy curriculum, •Money Matters, to cover all twelve Texas-mandated subjects

Conducted three continuing workshops for Region 11 Education Service •Center in the 2009-2010 school year

Launched a new website, fcef.com, that provides for the first time an •E-learning center and E-store as well as expanded information on new scholarships, endowments, and planned giving

Committed to $240,750 in scholarship awards•

2nd annual “Chip-in for Education” Golf classic raised over $60,000 in •scholarship funds

Partnered with Unity One Credit Union to create a bilingual Spanish •financial literacy program

Received funding to distribute high school curriculum to schools in •northeast Texas

Awarded $15,000 in Donaldson D. Frizzell Scholarships•

Completed a scholarship endowment for Dallas T. Lower; awarded •the two first Dallas T. Lower Scholarships to First Command Financial Planning Advisors

Developed a scholarship toolkit for partners on the new website•

Completed Anna Ricco Scholarship; awards will begin in 2014•

Developed third edition of high school financial literacy curriculum, Developed third edition of high school financial literacy curriculum, •Money Matters, to cover all twelve Texas-mandated subjects

Conducted three continuing workshops for Region 11 Education Service Conducted three continuing workshops for Region 11 Education Service •Center in the 2009-2010 school year

Launched a new website, fcef.com, that provides for the first time an Launched a new website, fcef.com, that provides for the first time an •E-learning center and E-store as well as expanded information on new E-learning center and E-store as well as expanded information on new

FCEF MAjoR HigHligHtS

BoD President & Chief Executive Officer comments ........................ 2

FCEF Major Highlights ............... 3

Educational Programs ............. 4-6

Scholarship Programs ............. 7-8

Scholarship Recipients .........9-10

Annual Golf Classic ....................11

Donor Profiles ..............................12

Annual Donors ..................... 13-15

Lifetime Giving/Memorial Donations/Passive Giving .......16

Financial Information ................17

Board and Staff ............................18

Tribute to Don Frizzell ...............19

tAblE oF ContEntS

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20094

EduCAtionAl pRogRAMSEduCAtionCAtionCA Al pRogRAMS

Educational HigHligHts

Provided educational services to 2,015 individuals through 339 various presentations•233 educators and 19,258 students received a copy of the new • Money Matters curriculumPiloted • La Salud de mi Dinero, a monolingual and bilingual program aimed to educate the Hispanic community, based on funding provided by the Texas Credit Union LeagueReceived grant funding from United Way to expand La Salud classes for another year•

Reaching Out to Various Communities

Communities ReaChed

FCEF invests in people! We believe financial knowledge is not only needed, but must be attainable for those who wish to learn and change their money management behavior. FCEF works to develop financial presentations, workshops, and curricula to meet the needs of its partners and clients in various community organizations, educational institutions, and businesses to promote financial wellness and stability. Real life! Real learning!

2009 5

In 2009 First Command Educational Foundation, in partnership with Unity One Credit Union (UOCU), developed and implemented La Salud de mi Dinero (The Health of My Money). This program is designed to teach financial literacy topics to the Hispanic community in the U.S. FCEF works with participants to provide an educational program which is tailored to their financial needs.

This pilot program was able to produce a 6-modular curriculum specifically tailored to the needs of the Hispanic community. Each module covers a different topic including:

Credit Unions•Spending Plans•Investing•Credit•Buying a House•Insurance•

Unity One Credit Union was able to host all three cycles of the pilot program at their Main St. location in Fort Worth, Texas. This partnership helped FCEF market the program to UOCU members to encourage attendance, and UOCU was able to provide several volunteer speakers with experience in teaching financial literacy to their Hispanic clients. FCEF was able to provide classes to 27 participants and gather data regarding the changes in participant knowledge and behavior. There were a total of six units which included a lesson, group discussions, activities, and evaluations.

la Salud de mi dinero

In 2009 First Command Educational Foundation, in partnership with Unity One Credit Union (UOCU), developed and implemented La Salud de mi Dinero (The Health of My Money). This program is designed to teach financial literacy topics to the Hispanic community in the U.S. FCEF works with participants to provide an educational program which is tailored to their financial needs.

This pilot program was able to produce a 6-modular curriculum specifically tailored to the needs of the Hispanic community. Each module covers a different

la Salud de mi dinero

2009 5

and UOCU was able to provide several volunteer speakers with experience in teaching financial literacy to their Hispanic clients. FCEF was able to provide classes to 27 participants and gather data regarding the changes in participant knowledge and behavior. There were a total of six units which included a lesson, group discussions, activities, and evaluations.

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20096 20096

FCEF distributed 223 Money Matters curriculum books and over 19,000 CDs to teachers and students in the north Texas area (Region 11). Money Matters assists high school students in acquiring the knowledge and skills necessary to take control of their financial future. FCEF offers this personal finance curriculum for all high school teachers and students.

The Money Matters Curriculum was written to comply with Texas House Bill 492 and is approved by the Texas State Board of Education. Money Matters includes these topics:

Balancing a Checkbook•Renting or Buying A Home•Understanding Credit•Understanding Insurance•Bankruptcy•Starting a Small Business•Home Ownership•Types of Loans•Saving for Retirement•Investment Options•Types of Accounts•Giving to Charities•

The curriculum includes the 12 magazines, supplemental PowerPoint presentations, quizzes, and online resources. Teachers and students can go online to FCEF’s website to access materials, activities and supplemental information to further their knowledge.

FCEF is also approved to provide continuing education (CEU) to Texas educators. This 8-hour credit workshop provides training on approximately one-third of the difficult topics as well as helps educators know how to use the Money Matters resources. The CEU partnership is a key element to the successful distribution and training of this curriculum and FCEF remains committed to providing these workshops as requested throughout the state.

MonEy MattErs curriculuM

2009 7

SCHolARSHip pRogRAMS

SCHOLARSHIPS: MAKING AN IMPACT

2009 Recipient Spotlight (excerpt from winning essay)

“We college applicants for the fall of 2009 have some very unique and difficult challenges to overcome. My future classmates and I submit this information to colleges with the record highest number of applicants in history—in a year when most families have suffered tremendous economic hardship, if not devastation. The colleges to which I am applying have had endowments drastically reduced by stock market plunges; and never before has the availability of scholarship assistance been so highly sought after. The urgency for resources is unprecedented. NEED is a mandate of our times, and merit is in the proof of my ability to claim it.”

Nina Rayburn, Davenport, IA University of Missouri- Columbia 2009 Donaldson Frizzell Scholarship Recipient

2009 7 7

addrEssing tHE nEEds of tHE nation

According to public opinion research published in the 2009 report by the National Center for Public Policy and Higher Education, The Challenge to States: Preserving College Access and Affordability in a Time of Crisis, the American people believe that college access is declining that maintaining opportunity and affordability is a crucial issue and that colleges and universities will drive up tuition and spending rather than look for better ways to spend the money they have.

This atmosphere of economic uncertainty created a heavy burden on American families in 2009. With family savings dwindling and unemployment rates rising, the need for financial assistance was greater than ever. First Command Educational Foundation (FCEF) found itself in a position to have a significant impact on American families struggling

to find a way to pay for college. And we rose to the challenge.

In 2009 FCEF awarded close to $200,000 in scholarships to over 100 deserving students. FCEF awarded $15,000 in Donaldson D. Frizzell scholarships alone. In response to the growing number of unemployed adults returning to school FCEF expanded its criteria to include non-traditional students and adult continuing education students. In an effort to continue marrying both sides of the mission, scholarships were again awarded to participants in FCEF financial literacy programs. Participants in La Salud de mi Dinero as well as attendees at FCEF educational presentations at the Hispanic Baptist Convention of

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20098 20098

Texas were eligible to apply. New partnerships with universities with strong business schools provided the opportunity to cultivate and support students pursuing degrees in financial planning and sales. FCEF established $3,000 annual scholarships at Kennesaw State (GA), William Patterson (NJ), Texas Tech, and Western Kentucky University.

FCEF awarded over $53,000 in partnership with First Command Financial Planning (FCFP) advisors to students across the country. The new scholarship toolkit on fcef.com was developed to streamline and standardize the award process for advisors making it easier for them to have an even greater impact on their local communities. With the completion of the Dallas T. Lower Memorial endowment FCEF was also able to help FCFP advisors directly with their pursuit of advanced financial designations. As the first recipients of the Dallas T. Lower scholarship, Victor Jones

of the “Napa Gold” District and Mike Gazzerro of the “Great Lakes” District both received scholarships to offset costs to obtain the Certified Financial Planner (CFP) designation.

FCEF is able to do this great work because of the commitment that donors have made to champion our mission. The scholarship division is dedicated to helping individuals realize their dreams of attending college. FCEF plans to continue and expand this effort to meet what we are sure will be an increased need in 2010.

2009 Cadet Recipients:

Bruce Cunningham

Leah Evans

Kirsten Kloeppel

Evan Mines

Christopher Nichols

Kane Swaney

Daniel Votipka

2009 AFA Recipients Cadets Daniel Votipka and Evan Mines with Sandy Schlitt, Vice-Chairman of the Board (l) and Joe Sutter,

Chairman of the Board (r)

AiR FoRCE ASSoCiAtion SCHolARSHipS

addrEssing tHE nEEds of tHE nation (cont’d)FCFP Advisor Dave Alley and 2009

recipient Trevor Broadway

2009 9

SCHolARSHip RECipiEntSSCHolARSHip RECipiEntSntSnt

2009

First Name Last Name Hometown College/University Jacqueline Arevalo San Antonio, TX University of Texas- San AntonioAmber Bailey Kailua, HI Hawaii Pacific UniversityStephanie Barron Flower Mound, TX Biola UniversityNatalie Becknal North Richland Hills, TX Texas A&M UniversityJacquana Beckwith Vacaville, CA Troy UniversityNicholas Blazier Abilene, TX University of Texas at AustinTrevor Broadway Mooresville, NC Mitchell Community CollegeSusan Bryan Kailua, HI Windward Community CollegeClara Buchanan Fort Drum, NY Northern Arizona UniversityKylie Burton Fort Worth, TX Texas A&M UniversityKristen Burton Cibolo, TX Texas Christian UniversityMegan Butler Junction City, KS Southwest Baptist UniversityChristina Carran Fairfield, CA Northeastern UniversityPercy Castellanos Los Angeles, CA University of California- BerkeleyMeagan Cavasar Fort Worth, TX Tarrant County CollegeBruce Cunningham Lakewood Ranch, FL Columbia Southern UniversityJacob Dickey Virginia Beach, VA UnknownDiana Edwards Fort Worth, TX Tarrant County College-NE CampusJustin Eubanks Leesville, LA Louisiana State University-EuniceLeah Evans Del Rio, TX University of the Incarnate WordAna Fajardo El Paso, TX Moody Bible InstituteMindy Flores San Angelo, TX Baylor UniversityZachary Francis Wahiaha, HI Christendom CollegeChris Frederick Silverdale, WA Tulane UniversityJenna Gaska San Antonio, TX Southwestern UniversityMike Gazzerro Beavercreek, OH Dallas T. Lower ScholarshipCole Gindhart Cibolo, TX Drexel UniversityAmelia Gossman Pylesville, MD Maryland Institute College of ArtGisella Haidar Fort Worth, TX Texas Christian UniversityLaura Hernandez Dallas, TX Brookhaven CollegeHeather Holden Mooresville, NC University of North Carolina- Chapel HillSymone Humble DeSoto,TX Texas A&M University-CommerceSue Isaacson Fort Worth, TX Tarrant County College-NE CampusJean Jaio-Alexander Fairfield, CA California State UniversityMegan Jones Ft. Wainwright, AK University of Notre DameVictor Jones Vacaville, CA Dallas T. Lower ScholarshipTimothy Kern Athens, OH Ohio UniversityKatrina Kessler Montgomery, AL University of AlabamaNadeen Khoury Burke, VA The University of VirginiaKirsten Kloeppel The Woodlands, TX Texas A&M UniversityAmy Kress Colorado Springs, CO Colorado State UniversityAdam Krueger Moorehead, MN North Dakota State UniversityVictoria Little Hartford, WI University of Wisconsin-MadisonSophie Luu Honolulu, HI University of San FranciscoEric Madden San Antonio, TX Texas State UniversityHeather McGinnis Benbrook, TX Texas Christian UniversityStuart Miller Benton City, MO University of Missouri

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200910 *Recipient information not received from the University

SCHolARSHip RECipiEntS (cont’d)

*Recipient information not received from the University

SCHolARSHip RECipiEntntSntSnt

First Name Last Name Hometown College/University Kory Miller Clarksville, TN Austin Peay State UniversityEvan Mines Tampa, FL University of South FloridaChristopher Nichols Honolulu, HI San Jose State UniversityMary Niles Edmond, OK Oklahoma State UniversityJennifer O’Loughlin Stafford, VA James Madison UniversityRachel Pace Ocean Springs, MS Univ of Southern MississippiJessica R. Paine Stafford, VA Catawba CollegeKatherine Patterson Mobile, AL Springhill CollegeCarmen Patulea Enterprise, AL Samford UniversityJennifer Peace Albuquerque, NM American Military UniversityNicholas Porfilio Bronx, NY Stanford U- Graduate BusinessNina Rayburn Davenport, IA University of Missouri- ColumbiaMarchelle Renner North Pole, AK University of Alaska-FairbanksMaria Rodriguez Honolulu, HI University of Hawaii at ManoaTiffani Rusinyak Virginia Beach, VA Old Dominion UniversityOlivia Sandoval North Richland Hills, TX Texas A&M UniversityLeady Santos Austin, TX Texas State University- San MarcosAleshia Self Anchorage, AK University of Louisiana MonroeMadelon Smith Pink Hill, NC Mount Olive CollegeCynthia Smith Fort Worth, TX Tarrant County CollegeBritney Stevens Powderly,TX Paris Junior CollegePatrick Stueve Pleasanton, CA U.S. Coast Guard AcademyKane Swaney Magnolia, DE Wilmington UniversityKanokwan Taweechaisuntis Burke, VA George Mason UniversitySara Teague Newton, NC Univ of N. Carolina- GreensboroJahzeel Trejo Fort Worth, TX Baptist University of the AmericasNeil Trimble Mooresville, NC Appalachian State UniversityUnknown Unknown Unknown *University of North TexasUnknown Unknown Unknown *University of North FloridaUnknown Unknown Unknown *Texas A&M UniversityUnknown Unknown Unknown *The University of TampaJacqueline Vaiana Fairfax Station, VA University of PennslyvaniaChristie Vennel Fort Worth, TX Tarrant County CollegeDanny Vinson Fort Worth, TX Tarrant County CollegeDaniel Votipka Chicago, IL Illinois Institute of TechnologyDerrick White Midway Park, NC North Carolina State UniversityCassandra Wilcox Enterprise, AL Faulkner UniversityZachary Williams Fort Worth, TX Tarleton State UniversityChelsie Wilson Cheyenne, WY University of WyomingJoshua Woolfolk Brandenburg, KY St. Olaf CollegeChriste Young Fargo, ND North Dakota State University

“CHip-in FoR EduCAtion” AnnuAl golF ClASSiC 2009The 2nd “Chip-in for Education” Annual Golf Classic raised approximately $60,000 in scholarship funds to be disbursed in the Fort Worth community. This annual event took place October 23, 2009, at Hawks Creek Golf Club. 127 enthusiastic golfers participated in this day of fun supporting FCEF.

Ivy League Level:First Command Financial Services

Doctorate Level: CompEdgeThe Covey Restaurant & BreweryMcConstructionBrix Pizza & Wine BarEnterprise Rent-A-Car Fidelity Investments

Bachelor Level: AEGONCisy and Skip GrayMidland National LifeSymantec

Executive Hole Level:Law, Snakard and Gambill, P.C.Pulido’s Mexican RestaurantJ.T. Trew of WilliamsTrewFHLB DallasInvesco AIM

Hole-in-One Sponsors:Golf, Etc. McConstruction

Special thanks to all donors, sponsors, players and volunteers who helped make this event so very successful!!

Kory Miller Clarksville, TN Austin Peay State UniversityEvan Mines Tampa, FL University of South FloridaChristopher Nichols Honolulu, HI San Jose State UniversityMary Niles Edmond, OK Oklahoma State UniversityJennifer O’Loughlin Stafford, VA James Madison UniversityRachel Pace Ocean Springs, MS Univ of Southern MississippiJessica R. Paine Stafford, VA Catawba CollegeKatherine Patterson Mobile, AL Springhill CollegeCarmen Patulea Enterprise, AL Samford UniversityJennifer Peace Albuquerque, NM American Military UniversityNicholas Porfilio Bronx, NY Stanford U- Graduate BusinessNina Rayburn Davenport, IA University of Missouri- ColumbiaMarchelle Renner North Pole, AK University of Alaska-FairbanksMaria Rodriguez Honolulu, HI University of Hawaii at ManoaTiffani Rusinyak Virginia Beach, VA Old Dominion UniversityOlivia Sandoval North Richland Hills, TX Texas A&M UniversityLeady Santos Austin, TX Texas State University- San MarcosAleshia Self Anchorage, AK University of Louisiana MonroeMadelon Smith Pink Hill, NC Mount Olive CollegeCynthia Smith Fort Worth, TX Tarrant County CollegeBritney Stevens Powderly,TX Paris Junior CollegePatrick Stueve Pleasanton, CA U.S. Coast Guard AcademyKane Swaney Magnolia, DE Wilmington UniversityKanokwan Taweechaisuntis Burke, VA George Mason UniversitySara Teague Newton, NC Univ of N. Carolina- GreensboroJahzeel Trejo Fort Worth, TX Baptist University of the AmericasNeil Trimble Mooresville, NC Appalachian State UniversityUnknown Unknown Unknown *University of North TexasUnknown Unknown Unknown *University of North FloridaUnknown Unknown Unknown *Texas A&M UniversityUnknown Unknown Unknown *The University of TampaJacqueline Vaiana Fairfax Station, VA University of PennslyvaniaChristie Vennel Fort Worth, TX Tarrant County CollegeDanny Vinson Fort Worth, TX Tarrant County CollegeDaniel Votipka Chicago, IL Illinois Institute of TechnologyDerrick White Midway Park, NC North Carolina State UniversityCassandra Wilcox Enterprise, AL Faulkner UniversityZachary Williams Fort Worth, TX Tarleton State UniversityChelsie Wilson Cheyenne, WY University of WyomingJoshua Woolfolk Brandenburg, KY St. Olaf CollegeChriste Young Fargo, ND North Dakota State University

FOR JUST PENNIES A DAY YOU CAN HELP FCEF GROW AND SUSTAIN VITAL PROGRAMS THAT

HELP CREATE ABUNDANT LIVES.

Imagine 33 pennies making a difference in someone’s life!

$10 a month (33 cents a day) from 250 donors = $30,000 a year That’s 30 $1,000 scholarships in one year!

It takes a lot of pennies each year to create scholarship opportunities and financial literacy programs. FCEF’s fundraising efforts are ongoing. We explore all avenues of fundraising each day! Our annual golf classic is FCEF’s main scholarship fundraiser!

33 cents a dayÉ

Can make a big difference

2009 11

200912

donoR pRoFilESOwners of McConstruction, Denise and Steve McCune, are avid supporters of FCEF. They both feel many of today’s financial problems plaguing society could have been averted if baby boomers were better financially educated. The McCunes donate time and financial resources to help FCEF accomplish its mission and support

the Money Matters program. Steve has volunteered to chair the FCEF 2010 “Chip-in for Education” Invitational Golf Classic.

Denise is president of McConstruction, which provides construction services, cost estimating and construction monitoring with funds management services to its clients. Prior to McConstruction, Denise was in the insurance industry. As general manager of McConstruction, Steve manages cost estimating and construction operations. Over his 34-year career, he has worked for numerous construction firms in the Metroplex. Steve is also an Eagle Scout.

McConstruction was recently featured in the FOCUS – engineering in Fort Worth Business Press. McConstruction was one of three finalists in 1-10 Employees category of the Fort Worth Chamber of Commerce Small Business of the Year competition. The winners will be announced early 2010.

FCEF thanks Denise and Steve McCune and McConstruction.

The Covey, a fine dining restaurant with creative cuisine, is a brew pub. The restaurant was created not to be a normal brew pub, but an establishment offering hand-crafted food

as well as hand-crafted beers. Jamie Fulton, owner and on-site brewmaster, wanted The Covey to be a place where everyone could feel comfortable, with extraordinary food and drink. Fulton formed a partnership with First Command Educational Foundation (FCEF) in 2007. He continues that partnership with the FCEF/Covey card. A dining party can help FCEF receive donations ranging from 10% to 12% of their bill at The Covey. Depending on the tab size, The Covey will return this amount to FCEF at no additional cost to its guests. Additionally, The Covey also donates $1 to FCEF for each order of its exclusive Spinach & Artichoke Dip —so eat your spinach! The Covey sponsored dinner at FCEF’s 2009 golf tournament and has volunteered to do the same for 2010.

FCEF thanks The Covey Restaurant & Brewery and Jamie Fulton.

Nichole JansenFirst Command Educational Foundation (FCEF) is so proud to say “we have come full circle!”

Nichole Dove Jansen received a $1,000 scholarship awarded by FCEF in 1995. She has been a financial advisor for five years, proving the impact of FCEF’s mission statement. Nichole

attended William Jewell College, completing her degree. She currently works in Kansas City, Missouri, where she helps individuals and families plan for their future, reach their financial goals and gain the tools to make wise financial decisions. Jansen states, “People are woefully undereducated about finances.” She would like to have more time to teach financial literacy classes in her community, especially for women. Nichole says “knowing my clients are better off after they leave my office than when they came in” is the most satisfying part of the job. She continued, “the most fulfilling is working with families when there is a loss of life. It makes all the tough days fade away when you get to make a tangible difference for a family when they are suffering the most.”

Nichole and Brian have been married for five years and are expecting their first child next spring. FCEF is proud to have been a part of Nichole’s education knowing that she is now using her skills to “educate” others about financial literacy! Jansen is also a regular donor to FCEF. She is giving back so others can benefit from FCEF’s mission.

FCEF thanks Nichole and Brian Jansen.

2009 13

AnnuAl donoRS

$250,000 AND UPFirst Command Financial Services

$100,000 TO $249,999No donor at this level

$75,000 TO $99,999First Command Bank

$50,000 TO $74,999No donor at this level

$25,000 TO $49,999AnonymousMark J. DierlamNicholas and Anna D. Ricco

$10,000 TO $24,999AnonymousCash America International, Inc.Hyatt Place, Cityview Fort WorthMcConstruction CompanyScott and Nancy Spiker

$5,000 TO $9,999Craig and Lauren BadgerMarty and Sherril DurbinJames N. LanierPaul J. and Susan SmithThe Covey Restaurant & BreweryMichael E. Thomas

$2,500 TO $4,999CompEdge FinancialJohn W. ExnerJeffrey L. GibsonRon and Myra HuffVickie C. MauldinJim and Louise Petersen

Kathryn L. SkillingtonRon and Linda TestaTexas Aerospace Education FoundationUnited Way of Tarrant County

$1,500 TO $2,499David and Linda AlleyBank of America FoundationBill and Mary BartelsDavid C. BonneyEric K. BressmanWalter F. CoulterDon and Libby EberlyFidelity InvestmentsFirst Command Fin Serv EmployeesSamantha and Mike HilliardRobin L. JonesMargaret A. KapuschanskyRobert H. and Carolyn W. KerrKurt and Corey LangenwalterLaw, Snakard & Gambill, P.C.Christopher D. LeeMark and Annette NielsenMichael D. O’HanlonDave and Kathy SurgentTravis Enlisted Spouses’ ClubTravis Officers’ Spouses’ ClubMichael J. WheelerLaurie and Jim Wolf

$1,000 TO $1,499AEGON Financial Partners DivisionRick and Jane AmelonAndres ConstructionAnonymousRob and Lori AshtonKirk H. BaurLonnie and Janet BowmanDaniel M. Brannon

Kathleen M. and Thomas D. CherittJohn and Allison DraperJay C. EllisJohn and Karen FoleySkip and Cisy GrayHaynes and Boone, LLPInvesco AIMBrian W. JohnstonVictor and Kim JonesDeborah I. LawrenceJames A. LeachPhilip E. LeopoldCharles and Rebecca McGeeRichard I. McManusMidland National Life InsuranceMichael and Linda MorrisonLuis and Janine MunizFrederic W. OffuttKirk B. OlliffAndy and UkCha PikeHarvey L. PullenScott and Susan RainvilleStephen M. RayMarty and Stacie RobbinsRick and Maureen RohrSteve and Denise RossLamar and Jan SmithPaul R. SoderlundGary and Virginia SvatekTodd and Patricia TaylorLeonard ThompsonTeresa and H. David TylerCarl and Janis WagnerJeffrey A. WallaceDavid WhiteKelly and Debbie WilliamsHomer W. WorrellRichard T. Young

Thank you!! Thank you!!

FCEF would like to thank all our donors for another successful year. We would like to acknowledge the following individuals and businesses for their generosity and commitment to providing scholarships and financial literacy programs. Thank you for helping us support all those we serve nationwide and in our home community of Fort Worth, Texas.

AnnuAnnuAnnu l donoRS

$250,000 AND UPFirst Command Financial Services

$100,000 TO $249,999No donor at this level

$75,000 TO $99,999First Command Bank

$50,000 TO $74,999No donor at this level

$25,000 TO $49,999AnonymousMark J. DierlamNicholas and Anna D. Ricco

$10,000 TO $24,999AnonymousCash America International, Inc.Hyatt Place, Cityview Fort WorthMcConstruction CompanyScott and Nancy Spiker

$5,000 TO $9,999Craig and Lauren Badger

Kathryn L. SkillingtonRon and Linda TestaTexas Aerospace Education FoundationUnited Way of Tarrant County

$1,500 TO $2,499David and Linda AlleyBank of America FoundationBill and Mary BartelsDavid C. BonneyEric K. BressmanWalter F. CoulterDon and Libby EberlyFidelity InvestmentsFirst Command Fin Serv EmployeesSamantha and Mike HilliardRobin L. JonesMargaret A. KapuschanskyRobert H. and Carolyn W. KerrKurt and Corey LangenwalterLaw, Snakard & Gambill, P.C.Christopher D. LeeMark and Annette NielsenMichael D. O’HanlonDave and Kathy SurgentTravis Enlisted Spouses’ Club

Kathleen M. and Thomas D. CherittJohn and Allison DraperJay C. EllisJohn and Karen FoleySkip and Cisy GrayHaynes and Boone, LLPInvesco AIMBrian W. JohnstonVictor and Kim JonesDeborah I. LawrenceJames A. LeachPhilip E. LeopoldCharles and Rebecca McGeeRichard I. McManusMidland National Life InsuranceMichael and Linda MorrisonLuis and Janine MunizFrederic W. OffuttKirk B. OlliffAndy and UkCha PikeHarvey L. PullenScott and Susan RainvilleStephen M. RayMarty and Stacie RobbinsRick and Maureen RohrSteve and Denise Ross

Thank you!! Thank you!!

FCEF would like to thank all our donors for another successful year. We would like to acknowledge the following individuals and businesses for their generosity and commitment to providing scholarships and financial literacy programs. Thank you for helping us support all those we serve nationwide and in our home community of Fort Worth, Texas.

200914

$500 TO $999Kurt and Sue AndersonBaptist General Convention of TXRon BeaverAllen and Karen BertapelleMike and Paula BrinkmanGretchen O. ButlerBrad D. CleetonMelissa R. CoxLogan DickinsonMark and Marion DiunizioEast Bay Coast Guard Spouses ClubEdward Daffron Enterprises Inc.Bob and Becky EvartFHLB DallasFranklin Templeton InvestmentsAndrew FuldCarlos and Monette GarzaTom M. GriffithAnthony and Laurie HallScott A. HallockAnthony G. HarveyChristopher J. HennMary L. HicksKevin D. HollisLt Col (Ret) Susan J. Jennaway LTC (Ret) Michael G. SpightScott W. KellerJeffrey A. LutherKristy J. McCormickJoseph R. McLaughlinVertis McManusDenise and Pat MillerEdward M. MillerMichael and Jane NeveuAlan E. OrrPaul F. PaineCharles E. PatisaulDr. Vince PattonRickard E. ReinT. H. RushMilton A. SalterTony SandersDaniel F. & Eleanor E. SeemannDavid SheehanJames W. Simons

Hugh SimpsonBob SlaughterStoney and Chris SloanAnthony R. SmithBob and Lisa SmithTheodore A. SmithPatricia D. SotoDavid A. SpisakJoey A. StoraskaBenny and Helga StrangeDick and Doris TerrellMichael J. TheresMark R. TimkoVAW - VRC Officers Spouses Assoc.Williams TrewMatthew W. Wineriter

$250 TO $499Sandy T. AllenJohn and Carla BartonRichard E. BattenMary Kay and Patrick BenishJoshua D. BlackLindsay and Dalise BlantonDavid H. BrooksSean and Erica BrownNicholas W. CampbellRussell H. ClarkeWilliam E. CookLanny and Patsy CoxTimothy J. CusterEdward J. DaffronGordon and Cheryl EdginMichelle and Glen EilandHenry C. EvansEdward C. FarissRichard A. FlemingTony FordNancy and Mike GazzerroDennis W. GlynnRonald E. HaglerHartman Leito & Bolt, LLPTracy A. HeichelbechRaymond and Sandra HerzogRalph L. HillKodak Horton

Gary T. JamesNichole D. JansenLori and Norman KaneDavid and Inge LavalleeBavy U. LopezLeslie and Ryan MahoneyLarry R. MarkowskiHarold E. McClellandMorgan Keegan & Co., Inc.Joe and Dana MorrinWilliam A. MotleyJoseph J. MulcahyWilliam O. NicholsMark and Carolyn O’ConnorWilliam E. OliverGreg OrrJohn C. OsarczukMichael K. ParkerRich and Candyce ParringtonWilliam J. PerryStacy and Mark PickardMitzi and Gregg PomesKimberly and James ProvoTimothy R. RandleRobert J. RauschTroy D. RichardsSandy K. RishelGlenn P. RobertsHeidi and Michael RussellJim and Judy SchlessShay Investment Services, Inc.Stephen E. SimmonsJohn C. SniderMerle and Cindy SpauldingGerald I. StanleyDavid C. StrickTugg and Jo Ann ThomsonJT and Jaclyn M. ThorpCharles S. TylerMichael A. WalkerMike and Bonnie Watson

$120 TO $249John E. AndersonAnonymous (2)Adan and Janet Araujo

AnnuAl donoRS (cont’d)

14

$500 TO $999Kurt and Sue AndersonBaptist General Convention of TXRon BeaverAllen and Karen BertapelleMike and Paula BrinkmanGretchen O. ButlerBrad D. CleetonMelissa R. CoxLogan DickinsonMark and Marion DiunizioEast Bay Coast Guard Spouses ClubEdward Daffron Enterprises Inc.Bob and Becky EvartFHLB DallasFranklin Templeton InvestmentsAndrew FuldCarlos and Monette GarzaTom M. GriffithAnthony and Laurie HallScott A. HallockAnthony G. HarveyChristopher J. HennMary L. HicksKevin D. HollisLt Col (Ret) Susan J. Jennaway LTC (Ret) Michael G. SpightScott W. KellerJeffrey A. LutherKristy J. McCormickJoseph R. McLaughlinVertis McManusDenise and Pat MillerEdward M. MillerMichael and Jane NeveuAlan E. OrrPaul F. PaineCharles E. PatisaulDr. Vince PattonRickard E. ReinT. H. RushMilton A. SalterTony SandersDaniel F. & Eleanor E. SeemannDavid SheehanJames W. Simons

Hugh SimpsonBob SlaughterStoney and Chris SloanAnthony R. SmithBob and Lisa SmithTheodore A. SmithPatricia D. SotoDavid A. SpisakJoey A. StoraskaBenny and Helga StrangeDick and Doris TerrellMichael J. TheresMark R. TimkoVAW - VRC Officers Spouses Assoc.Williams TrewMatthew W. Wineriter

$250 TO $499Sandy T. AllenJohn and Carla BartonRichard E. BattenMary Kay and Patrick BenishJoshua D. BlackLindsay and Dalise BlantonDavid H. BrooksSean and Erica BrownNicholas W. CampbellRussell H. ClarkeWilliam E. CookLanny and Patsy CoxTimothy J. CusterEdward J. DaffronGordon and Cheryl EdginMichelle and Glen EilandHenry C. EvansEdward C. FarissRichard A. FlemingTony FordNancy and Mike GazzerroDennis W. GlynnRonald E. HaglerHartman Leito & Bolt, LLPTracy A. HeichelbechRaymond and Sandra HerzogRalph L. HillKodak Horton

AnnuAnnuAnnu l donoRS (cont’d)

2009 15

Gary T. JamesNichole D. JansenLori and Norman KaneDavid and Inge LavalleeBavy U. LopezLeslie and Ryan MahoneyLarry R. MarkowskiHarold E. McClellandMorgan Keegan & Co., Inc.Joe and Dana MorrinWilliam A. MotleyJoseph J. MulcahyWilliam O. NicholsMark and Carolyn O’ConnorWilliam E. OliverGreg OrrJohn C. OsarczukMichael K. ParkerRich and Candyce ParringtonWilliam J. PerryStacy and Mark PickardMitzi and Gregg PomesKimberly and James ProvoTimothy R. RandleRobert J. RauschTroy D. RichardsSandy K. RishelGlenn P. RobertsHeidi and Michael RussellJim and Judy SchlessShay Investment Services, Inc.Stephen E. SimmonsJohn C. SniderMerle and Cindy SpauldingGerald I. StanleyDavid C. StrickTugg and Jo Ann ThomsonJT and Jaclyn M. ThorpCharles S. TylerMichael A. WalkerMike and Bonnie Watson

$120 TO $249John E. AndersonAnonymous (2)Adan and Janet Araujo

James M. BadeJerre L. BakerMatthew J. BakerDave and Sandy BarberAl Batey and Marilyn ProstBrandon T. BeanRaymond K. BennettMark E. BergmanSteven R. BioneEmma and Dennis BlakerKevin A. BornhoftBeverly K. BowdenRoger I. BrueckbauerMike BuntingDavid B. BurnsClaudia CanestraPeter C. CarloThomas Carpenter Jr.Rachel J. ChenaultChuck and Linda CinnamonNancy CloudHarry CollinsGail and Parker ConsaulJohn D. CookCarl E. CorneliusVincent CroomWilliam A. CrowWilliam W. CulticeMatthew J. DavidsonScott W. DavisClint and Sheryl DeArmanChris and Stephanie DentingerJames A. DentingerRick DisneySusan and Steve DixonRandal E. DorfChris DrakeGary and Luigi EdwardsBruce D. EllweinMichael H. FleischbeinAlbert GalanteJamie M. GiddingsMichael GilbertJeffrey and Zak GlynnJohn D. GosztylaSunday Grace

Linda GrafaJohn R. GrigsbyDavid HansenMichael and Julie Ann HarvinMatthew HembreeDennis and Youn Hee HernCynthia L. HigginsJeffrey and Christine HoaglundByron E. IngrahamRobert E. JorgensenTimothy JosephFrederic G. JoyChristina L. JudgeScott and Terri KallsenBill and Barbara KaneRobert S. KeatonRalph B. KellyCharles D. KilburnKenneth and Lillian KrahlWoodward D. LamarHarold L. LangleyGerald and Donna LemonsLewis R. LevyWilliam J. LiquoriEleanor M. and Michael B. LoveallRonald E. LuxStaci and James A. MapesChristine M. MartinL.C. Martin IIIScott G. MatlockBob C. McAdamsDon McCarthyMichael C. McConnellJames D. McCulloughAdriane McManusKenya R. MeyersMichael A. MoffittJerry and Pong Mi MohrWill MorrisJohn C. and Arline S. MottWes J. NiblackTrisha and Johnny ObregonStanley L. ObreyGordon F. OldeJill and John PietrusinskiBob and Suzanne Ponton

Arthur R. PorcelliJohn M. PoutierJocinta N. PowellNicholas G. PsakiBill and Bonnie RobesonLarry and Sally RobinsonHarold J. RoeschCurtis L. RossCharles and Redonda RussellRon and Lisa ScarboroughMartin L. SchoonoverEric K. SchusterMatthew SchwarzMike ScottFred and Rumiko ShirleyJohn and Ellen ShullLori SidronyMyra and Terry SlaybaughJackie SmallsMichelle R. SnyderGlendon C. SpeakmanBenjamin F. StahlWilliam J. and Pauline StroppDave and Jayme StuderLawrence StumpfRobert G. SutterBrian L. SwansonClay H. SwindellJames C. SwindellStephen D. and Janet R. ThaelerZachary T. ThompsonThomas H. TrantAmber and Mike TurleyGraydon S. UyedaClarence and Cecelia Van DonselaarSteven M. VauseAlan J. WeaverClifford B. WeddingtonEsau and Rosa Maria WilliamsonBrad WillimontFrank WilsonCharles W. and Geri J. WolfeDouglas C. WorrellBrian K. YoungChristopher J. YoungCheryl Zudell

15

Arthur R. PorcelliJohn M. PoutierJocinta N. PowellNicholas G. PsakiBill and Bonnie RobesonLarry and Sally RobinsonHarold J. RoeschCurtis L. RossCharles and Redonda RussellRon and Lisa ScarboroughMartin L. SchoonoverEric K. SchusterMatthew SchwarzMike ScottFred and Rumiko ShirleyJohn and Ellen ShullLori SidronyMyra and Terry SlaybaughJackie SmallsMichelle R. SnyderGlendon C. SpeakmanBenjamin F. StahlWilliam J. and Pauline StroppDave and Jayme StuderLawrence StumpfRobert G. SutterBrian L. SwansonClay H. SwindellJames C. SwindellStephen D. and Janet R. ThaelerZachary T. ThompsonThomas H. TrantAmber and Mike TurleyGraydon S. UyedaClarence and Cecelia Van DonselaarSteven M. VauseAlan J. WeaverClifford B. WeddingtonEsau and Rosa Maria WilliamsonBrad WillimontFrank WilsonCharles W. and Geri J. WolfeDouglas C. WorrellBrian K. YoungChristopher J. YoungCheryl Zudell

2009

liFEtiME giVing (SinCE 2002)$2,000,000 AND UPFirst Command Financial Services

$500,000 TO $999,999Payne Family

$250,000 TO $499,999First Command Bank

$100,000 TO $249,999Torchmark Corporation

$50,000 TO $99,999Mark DierlamInvesco AimNicholas and Anna Ricco

$25,000 TO $49,999AIG Life BrokerageAnonymousCharles T. BauerFranklin Templeton InvestmentsDon and Pattie FrizzellHyatt PlacePremier Wines of PlanoLamar and Jan Smith

Paul J. and Susan SmithScott and Nancy Spiker

$10,000 TO $24,999Cash America International, Inc.Marty and Sherril DurbinJeffrey L. GibsonHometown ThreadsRon and Myra HuffJay Smith Scholarship & Exellence FundVickie C. MauldinMcConstruction CompanyMark and Annette NielsenMichael D. O’HanlonJim and Louise PetersenPhilip & Janice Levin FoundationPioneer InvestmentsKathryn L. SkillingtonGeorge C. TalleyTexas Credit Union LeageMichael E. ThomasUnited Technologies Corporation

$5,000 TO $9,999Samuel B. AdamsRick and Jane Amelon

Andres ConstructionCraig and Lauren BadgerBill and Mary BartelsRichard E. BattenKirk H. BaurBradley A BergerDavid C. BonneyLonnie and Janet BowmanDaniel M. BrannonBarry B. BridgerKathleen M. and Thomas D. CherittColonial SavingsHoward CrumpRonald R. DorenbuschJohn and Allison DraperE Management SystemsEdward T. ElmendorfJohn W. ExnerFedEx ServicesJohn and Karen FoleyRichard E. GilesSkip and Cisy GrayScott L. HullRobin L. JonesVictor and Kim JonesMargaret A. KapuschanskyRaleigh C. Kone

James N. LanierLaw, Snakard & Gambill, P.C.James A. LeachDonald G. MarcumCharles and Rebecca McGeeRichard I. McManusFrederic W. OffuttKirk B. OlliffFrederick D. OrrCharles E. PatisaulStephen M. RayMarty and Stacie RobbinsSteve and Denise RossHugh SimpsonTheodore A. SmithRon and Linda TestaThe Covey Restaurant & BreweryBarry D. ToddTravel Service EverywhereJay W. VanceCarl and Janice WagnerMichael J. WheelerEsau and Rosa Maria WilliamsonLaurie and Jim WolfRichard T. Young

MEMoRiAl donAtionSMemorial for Michael A. FiskDiane A. Protho

Memorial for Donaldson D. FrizzellAnonymousBob SlaughterBruce WatsonChristina JudgeClarence and Cecelia Van DonselaarDale and Connie SchmidtbleicherDave and Inge LavalleeDick and Doris Terrell

Joy OliverLamar and Jan SmithLinda LeeMargie L. VealeNancy RickerPatricia L. BaldwinPaul and Sherry CozbyRobert and Pam ElliottRobert and Suzanne ZanesRon and Myra HuffSharon B. ReynoldsSkip and Cisy GrayStephen and Denise McCuneVickie C. Mauldin

Memorial for Lt. Jay Smith Scholarship & Exellence FundHerman and Patricia BlockPaul J. and Susan Smith

Memorial for M. Alice KonecnyAnonymousAnonymous In Honor of Dorothy RausoAnonymous In Honor of Anthony P. KonecnyDon and Libby Eberly

Memorial for Dallas T. LowerAnonymousDon and Libby EberlyJames N. LanierJohn and Allison DraperMargaret A. Kapuschansky

In Honor of the Legal and Compliance Department at First Command Financial PlanningLaw, Snakard & Gambill, P.C.

pASSiVE giVingA steady increase in donations from “passive income” has proven to be a powerful and significant tool for FCEF. We are proud of our local community partners; their combined donations for 2009 totaled over $17,000.

Simple gestures such as grocery shopping and using rewards cards or using GoodSearch as your internet search engine can help FCEF raise funds for scholarships and financial literacy.

We are very grateful to:

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2009 17

FinAnCiAl inFoRMAtionThanks to individual donors, corporate partners, and grant funders, the fiscal year for FCEF ended December 31, 2009, with another year of increased revenue and program services. Despite a turbulent economy, and decreased donations on numerous fronts, FCEF’s overall financial position still increased approximately 3% over 2008 total revenue. The staff’s ability to reduce expenses while increasing program support was directly responsible for this positive outcome.

The need for financial literacy has never been greater as evidenced by many economic indicators as well as personal struggles to make ends meet and corporate challenges to continue operations. Each year, I am overwhelmed by the dedication and passion exhibited by the FCEF staff and board of directors which doesn’t show up in any one financial line item. They have continued to find a way to provide services and increase the amount of financial support provided to so many. FCEF continues to be well positioned financially to meet the challenges in 2010 and beyond.

Michael F. Morrison Treasurer

StAtEMEnt oF ACtiVitiESUnaudited Audited

2009 2008Public Support and Other RevenueDonations $661,605 $848,282Special Events $60,951 $44,503Other $105,694 $171,549Unrealized gain (loss) on Investments $76,248 ($187,404)Total Revenue $904,498 $876,930

Program Services Expenses Scholarship $211,435 $367,393Education $366,160 $207,960Development and Fund Raising $167,513 $193,164Public Awareness $67,706 $158,586Management and General Administrative $153,702 $143,592Total Expenses $965,886 $1,070,695Net Income ($61,388) ($193,765)

Net Assets Increase (decrease) $154,977 ($137, 069)At Beginning of Year $929,080 $1,066,149At End of Year $1,084,057 $929,080

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200818 200818

boARd oF diRECtoRS

Robert Slaughter President

V-22 Sr. ILS Specialist, Bell Helicopter

Hurst, TX

Dr. Vince Patton Vice President

Dir of Community Outreach, Military Advantage/Monster

Worldwide Alexandria, VA

Martha E. “Cisy” GraySecretary

Retired Fort Worth, TX

Michael F. MorrisonTreasurer

CFO and EVP, First Command Financial

Services, Ft. Worth, TX

Kurt B. Anderson Retired

Fort Worth, TX

Craig M. Badger Vice President,

Enterprise Rent-A-Car Keller, TX

Kim Campbell Financial Advisor,

Edward Jones Arlington, TX

Paul F. Paine President,

Fort Worth South, Inc. Fort Worth, TX

Glenn Roberts Construction Manager,

Chevron Energy Solutions Co. Cathedral City, CA

Paul J. Smith Retired

Miramar Beach, FL

Doris M. Terrell Retired

Fort Worth, TX

Doris M. Terrell

Vickie C. MauldinChief Executive Officer

Romy M. Basil Fin. Education Instructor

Pam Elliott Exec. Asst./Office Mgr

Adriane McManusScholarship Coordinator

Ingeborg Lavallee Contractor

Tania Williams Contractor

StAFF MEMbERS

donAldSon (don) d. FRiZZEll(1932 – 2009)

For First Command Educational Foundation (FCEF), 2009 started with the very sad news of the loss of its former president, Don Frizzell. He died Thursday, January 8, 2009. FCEF lost not only a good friend and supporter, but also an active board member and former leader.

Don was a native of Baltimore, Maryland, and a graduate of the Charlotte Hall Military Academy. He earned a Bachelor’s Degree in Dairy Husbandry from the University of Maryland and a Master’s Degree in Public Administration from George Washington University.

Frizzell joined the U.S. Air Force in 1955. By the time he retired as a colonel in 1981, he had served in flying, training and staff positions with Air Training Command, Pacific Air Forces, Tactical Air Command, and the Air University. Throughout his Air Force career, Don had distinguished himself as a military scholar and instructor. He served as a flight and academic instructor early in his career and attended the Air Force’s Academic Instructor’s School at Maxwell AFB in 1958 and again in 1974.

A research and career highlight came when he co-authored The Lessons of Vietnam, with Professor W. Scott Thompson, in 1976. This was the first book on the Vietnam War written by actual participants in the conflict. The American Historical Society awarded it runner-up honors for book of the year in 1977.

In 1981 Don joined USPA & IRA (the original First Command Financial Planning) as a financial planning and investment professional. During his tenure as Director of Investments, assets accumulated by clients of the company increased from less than $1 million to over $17 billion.

This vast experience brought Don to FCEF in 2001 as the foundation’s president. Before Don retired he set the path for the foundation to become a public charity and did the groundwork for FCEF to be included in the Combined Federal Campaign Program. After Don’s retirement he kept on providing guidance and support as a regular volunteer, guest lecturer, and as a member of the FCEF Board of Directors.

Don and his wife Pattie Ann were married for 55 years. Don is also missed by four children and seven grandchildren. Next to his family and friends, Don’s great love was golf. He may no longer be seen in the halls around First Command or in the office at FCEF, but his presence and influence will be felt here for many years to come. His hearty laugh, kind nature, and passion for financial education will never be forgotten.

Don and his wife Pattie Ann were married for 55 years. Don is also missed by four children and seven grandchildren. Next to his family and friends, Don’s great love was golf. He may no longer be seen in the halls around First Command or in the office at FCEF, but his presence and influence will be felt here for many years to come. His hearty laugh, kind nature, and passion for financial education will never be forgotten.

19

First Command Educational Foundation1 FirstComm PlazaFort Worth, TX 76109-4999

Phone: 817.569.2940Toll Free: 1.877.872.8289Fax: 817.569.2970

[email protected]

©2009 First Command Educational Foundation 04300

Fax: 817.569.2970

[email protected]

©2009 First Command Educational Foundation 04300

Mission: promote and provide education as the foundation of a

productive society through scholarships and financial literacy programs.