Tuesday, June 1, 2010

USBC Creates Scholarship Corporation

The United States Bowling Congress (USBC) has created a new corporation dedicated to the management, protection and promotion of youth bowling scholarships.

All funds in the USBC SMART (Scholarship Management and Accounting Reports for Tenpins) program have been transferred to the new entity called SMART Bowling Scholarship Funding Corporation.  This new corporation is financially and legally independent of USBC, but will continue to use the SMART name. All scholarships previously earned through SMART remain in place with all benefits and eligibility protection for recipients continuing.

“Bowling scholarships can be a fantastic way to attract young people to our sport,” USBC President Jeff Boj√© said.  “We believe creating an independent corporation supervised by board members with bowling expertise and a financial background will build a new level of trust in SMART and lead to greater attention and growth of youth scholarships.”

The SMART Bowling Scholarship Funding Corporation has three directors on the board: Wally Hall, Pasadena MD, Steve Moehrle, St. Louis, MO. and Sandy Hansell, Southfield, MI. A primary objective for the board will be to use SMART for the nationwide promotion of youth bowling and to strengthen the entire bowling industry.

The SMART program continues to be the only bowling scholarship management program providing full protection of a student-athlete’s eligibility status. Administrative services will continue to be provided by USBC. Scholarship recipients and providers should notice no change in operational procedures related to the program.

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