Since 1955 The Richard D. McDonough Foundation has been dedicated to
providing scholarships to employees of New Hampshire golf courses.
About The McDonough Scholarship Foundation
The Richard D. McDonough Caddie Scholarship Foundation was established in 1955 to award college scholarships to caddies who worked at New Hampshire golf clubs. In its first year of operation, the Foundation granted two scholarships totaling $1,000. The Foundation expanded its mission to aid young people to include any employee, male or female, of a New Hampshire golf course and changed its name to the Richard D. McDonough Golf Scholarship Foundation.
We are a 501 (c)(3) not-for-profit volunteer organization whose sole mission is to solicit monies on an annual basis for the purpose of awarding college scholarship grants to young men and women employed at New Hampshire golf courses and are attending colleges and universities of their choice. Scholar candidates should demonstrate financial need, as well as the promise of academic success. Once awarded, a McDonough Scholarship may be renewed each year for a total of four years. Annual grants are renewable, upon application, depending upon the need for financial aid, as well as continued academic standards. New applicants and previous recipients are interviewed each year by a member of the Board of Directors.
The McDonough Foundation recently awarded $182,000 in scholarship grants, for the academic year 2024-25 to 96 young men and women employed at 36 New Hampshire golf courses who are currently attending 59 colleges and universities. With these most recent grants, the Foundation has now awarded nearly $3.5 million since the inception of the scholarship program in 1955.
The Foundation’s greatest source of revenue is generated by the Club Support Program (formerly Club Bag Tag Program) with contributions from clubs and golf courses across the state. The annual McDonough Tournament held at the end of summer also generates substantial revenue, as does our annual online auction of donated rounds of golf. Outstanding financial support is also provided by individuals, corporate, and foundation donations, alumni contributions, and very generous support provided by:
History
The Richard D. McDonough Caddie Scholarship Foundation was established in 1955 to award college scholarships to caddies who worked at New Hampshire golf clubs. In its first year of operation, the Foundation granted two scholarships totaling $1,000. The Foundation expanded its mission to aid young people to include any employee, male or female, of a New Hampshire golf course and changed its name to the Richard D. McDonough Golf Scholarship Foundation. The McDonough Foundation recently awarded $182,000 in scholarship grants, for the academic year 2024-25 to 96 young men and women employed at 36 New Hampshire golf courses who are currently attending 59 colleges and universities. With these most recent grants, the Foundation has now awarded nearly $3.5 million since the inception of the scholarship program.
The McDonough Foundation is a volunteer organization and is extremely fortunate to have in-kind contributions for accounting and legal services and promotional production. As a result, operating expenses average less than ten percent of the total revenue per year.
In April 2000, the Foundation announced the creation of The McDonough Permanent Fund. The purpose of this endowment fund was to position the Foundation to be able to increase the scholarships available to the young men and women eligible for awards. The fund supports annual grants for up to four years of college. To date, the Permanent Fund consists of twenty-seven endowed scholarships.
Board & Committees
Meet our all-volunteer Board of Directors. Although the Board is well established, we are always interested to speak with anyone who would like to get involved.
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McDonough Scholarship Foundation 61 North Street (603) 316-1494 mcdonoughscholarship@gmail.com
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