October 5, 2000
Mellon to Provide Funding For NACDA's John McLendon Minority Postgraduate Scholarship Awards
CLEVELAND -- The National Association of Collegiate Directors of Athletics (NACDA) has secured the support of Mellon Private Asset Management in providing funding for the John McLendon Memorial Minority Postgraduate Scholarship Awards.
Mellon Bank will contribute $5,000 to the program this year. Mellon Bank joins the team of adidas, the American Football Coaches Association (AFCA), Eddie Robinson Foundation, Host Communications, the National Association of Basketball Coaches (NABC), National Basketball Association (NBA) and Sears, Roebuck and Co.
The awards are presented to minority senior students who intend to pursue a graduate degree in athletics administration. Each of the five annual recipients receives a $10,000 grant. The program will be administered by the NACDA Foundation. NACDA initiated the program with funding of $250,000 from proceeds from the Kickoff and Pigskin Classics.
"Mellon Private Asset Management is grateful for the chance to support the John McLendon Memorial Minority Postgraduate Scholarships, since education is the most important investment an athlete will ever make," says Michael Carbone, assistant vice president of Mellon Asset Management.
With approximately $96 billion of assets under management and administration, Mellon Private Asset Management ranks among the leading private asset managers in the country. A registered service mark of Mellon Financial Corporation, it offers personalized investment and wealth management services.
Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon offers a comprehensive array of banking services for individuals and corporations and is one of the world's leading providers of asset management, trust, custody and benefits consulting services. Mellon has approximately $2.8 trillion in assets under management, administration or custody, including more than $520 billion under management. Its asset management companies include The Dreyfus Corporation and Newton Management Limited (U.K.).
The first scholarship recipients were presented with their awards at the NACDA Convention in June. Among the criteria are full-time status as a senior at the time of nomination; minimum grade point average of 3.0 (on a 4.0 scale); official classification as a minority as defined by federal guidelines; intention to attend graduate school to earn a degree in athletics administration; and involvement on the college/university or community level. The solicitation process has begun for selecting the winners for the 2000-01 year.
Top administrators in the field of athletics vote upon the finalists, while a panel of leaders in the fields of business, sports, entertainment and politics select the overall winners.
"We are pleased Mellon Bank has joined the effort to provide funding for the John McLendon Memorial Minority Postgraduate Scholarship Awards," says NACDA President Deborah Yow, director of athletics at the University of Maryland. "This scholarship program will be beneficial to every aspect of athletics, including colleges and universities, professional sports and corporations involved in the field. We had an outstanding group if inaugural recipients. We look forward to presenting these scholarships for many years to come."
In addition to the scholarships, one recipient each year will be offered the opportunity to serve a nine-month internship in the NACDA office.
The scholarship is named for John McLendon, who is the person responsible for the integration of college basketball. He was the first Black coach hired by a predominately White institution when he was selected as the basketball coach at Cleveland State University in 1966. Throughout the years, he served as the head basketball coach at North Carolina Central College (1940-52), Hampton Institute (1952-54), Tennessee State University (1954-59), Kentucky State University (1963-66) and Cleveland State University (1966-69).
As successful McLendon was as a coach, his administrative responsibilities were equally as impressive. It was his service on the National Athletic Steering Committee, which McLendon founded in 1949, which had a large impact on the integration of basketball, and eventually, all sports. While serving as the basketball coach at North Carolina Central, McLendon was also the athletics director, a post he held for 12 years. At Hampton, he had additional positions as the assistant director of athletics and physical education. At Tennessee State, McLendon was appointed director of basketball operations from 1954-59 and director of the department of health, physical education, recreation and athletics from 1962-63.
The NACDA Foundation, founded in 1982, sponsors internship opportunities for aspiring athletics administrators at NACDA's national office and administers the distribution of NACDA's scholarship programs. It also provides educational opportunities for NACDA members through a variety of workshops, clinics and seminars. Since 1982, the Foundation has awarded more than $7.6 million in scholarships. Funding for the Foundation comes from the Kickoff Classic and Pigskin Classic, whose proceeds also help fund the National Football Foundation and the American Football Coaches Association. These two games annually generate close to $500,000 in scholarships.