At the business meeting on Saturday, March 6, 2010, the Alpha Omicron Alumni Association approved the following recommendation of the Centennial Scholarship committee:
“The Committee recommends the establishment of an Alpha Omicron Centennial Scholarship with the following elements:
1. We set up an endowed scholarship through Southwestern University. Annual withdrawals would be calculated using the regular distribution percentage used by the school.
2. Distributions would be made to provide scholarship funds to active Alpha Omicron Pikes on the basis of need.
3. We would hold back the first $2500 from the endowment effort to fund the first year’s scholarship award.
4. Single or combined gifts totaling at least $2500 would be eligible for naming honors in tribute or memorial.
5. If there is no active chapter at S.U. the proceeds of the endowment would go to the benefit of S.U. students who are descendants of Alpha Omicron Pike alumni.”
Immediately after this recommendation was approved, brother Mark Woods, Chair of the Centennial Scholarship Committee, announced that $12,000 had already been pledged to the fund. Brother Steve Raben then announced that the first named scholarship would be the “Sessions Scholarship” in honor of U.S. Representative Pete Sessions (AO ’76.25), his brother Mark Sessions (AO ’76,5) , Pete’s son Bill Sessions (AO ’09) and the Honorable Judge William Sessions (Pete and Mark’s father, Bill’s grandfather).
The goal of the Centennial fund is to raise at least $100,000 in pledges by the Centennial Anniversary in November.