Foundation Business Objectives
The mission of the Dr. Frank B. Sullivan Memorial Foundation is to support the continuing advanced education of qualified deaf and hard-of-hearing majors in the business and accounting fields at Gallaudet University and The Rochester Institute of Technology/National Technical Institute of the Deaf.
To meet its objectives, the Foundation makes cash scholarship awards to students majoring in business fields at three institutions:
Gallaudet University (GU)
An annual $500 Excellence in Business scholarship award to a senior in the Department of Business. This award was created in 1998 through the auspices of the National Fraternal Society of the Deaf (NFSD), and continued since 2009 by the Dr. Frank B. Sullivan Memorial Foundation.
Rochester Institute of Technology/National Technical Institute for the Deaf (RIT/NTID): Three awards
An annual $500 Outstanding Student in Business scholarship for a deserving associate-level business student enrolled at NTID’s Business Studies Department (since 2011).
An annual $500 Exemplary Business Student scholarship for a deserving undergraduate business student enrolled at RIT’s Saunders College of Business (since 2013).
An annual $500 Outstanding Master Degree Business Student scholarship for a deserving graduate business student enrolled at RIT’s Saunders College of Business (since 2017).
The Foundation’s Recent Major Activities:
Fall 2017: The Foundation also signed an Agreement with Gallaudet University to establish the Dr. Frank B. Sullivan Memorial Foundation endowment of $25,000 to support its Department of Business Entrepreneurship program.
Fall 2017: The Gallaudet Museum received a $25,000 gift of dual-sided portable visual displays depicting the rich history of the National Fraternal Society of the Deaf (NFSD), a business organization which sold fraternal life insurance to deaf members, and which was dissolved in 2010 after being in existence over a hundred years.
February 2019: The Foundation signed a Statement of Intent (SOI) agreement with RIT for the establishment of the Dr. Frank B. Sullivan Memorial Foundation endowment of $50,000, to perpetuate its awards program for many years to come.