The Alpha Nu Omega Alumni Association is organized primarily for education and scholarship purposes as provided for under Section 501(c)(3) of the Internal Revenue Code. The Alumni Association provides scholarships to active members of the fraternity. An endowment fund has been created to assist the organization with long term funding of these programs. Recipients are selected on the basis of academic success, fraternity participation (fraternity and campus/community service) and need. The emphasis of these selection criteria varies with each award program.
The Alpha Nu Omega Alumni Association Fund has been created by formal agreement with UMD and ratification of this agreement by the University Of Minnesota Foundation. The endowment fund for this scholarship is administered by the University of Minnesota Foundation. The fund is invested in accordance with the investment principles of the University of Minnesota Foundation for endowment funds and grows along with donations from members of the Alumni Association. Each year a set percentage of the Alpha Fund is allocated for scholarship purposes in accordance with this agreement.
The University also established the Reaching Higher Scholarship Initiative Match Program, which matched the Fund percentage payout up until this year when it has been frozen at the existing status. The combined annual payout made available for distribution from the Alpha Nu Omega Alumni Association Scholarship Fund is determined by the Foundation’s Spending policy as defined by its Board of Trustees. To date over $120,000 in scholarships have been rewarded.
Three separate scholarships have been created:
THE JOHN L. BANKS III MEMORIAL SCHOLARSHIP
On March 29, 1966, John L. Banks died when his C-130 crashed in Vietnam. John exemplified the achievement of Alpha’s objectives: academic success, active participation in the fraternity and other organizations and a strong personal allegiance to his Brothers. Following his death, the Alumni Association named the “John L. Banks Memorial Scholarship” in his honor.
THE DARYL B. KNODT MEMORIAL SCHOLARSHIP
In the years that followed, alumni became increasingly sensitive to the extra efforts of some Alphas who have worked hard for the fraternity and were in need of financial assistance to continue their efforts. This scholarship was added in 1977 with an emphasis on fraternity participation and need. The scholarship was named for Daryl Brooks Knodt, a very active and loyal member of Alpha who died in a car accident on December 21, 1968. Brooks was a former president of Alpha and beloved brother. His contributions to the fraternity have been memorialized by the establishment of the Daryl B. Knodt Memorial Scholarship.
THE WARREN F. ORRICK MEMORIAL SCHOLARSHIP
During the 1960s, Alphas were often involved in many fraternity, school and community activities. One of the more active was Warren “Butch” Orrick. Always eager, Butch provided the motivation (and often the “place”) for the next event. Butch died on July 14, 1990. In respect for Butch’s high level of participation and academic success, the Warren F. Orrick Memorial Scholarship has been created.
2021-22 SCHOLARSHIP RECIPIENTS
We are pleased to report our scholarship recipients for 2021-22. Selections were conducted by a scholarship panel consisting of Alpha Scholarship Chairman Tom Kraus, Mike Dean, Chad Roberts, and Tori Seymour from UMD. Scholarships have been awarded to the following recipients:
Lucas Koecher – John L. Banks III Scholarship
Augusto Kono – John L. Banks III Scholarship
- Justin Clark – John L. Banks III Scholarship