CABAA Educational Foundation
CABAA has endeavored over the years "to promote and advance the interest of Corporate Aviation through Educational Programs and Scholarships". The CABAA Educational Foundation was created in 2006 as an IRS 501c3 Charitable Corporation to raise, manage and appropriate funds to programs in support of this goal. The Foundation is run by a volunteer Board of Directors from CABAA's membership. The Foundation's primary source of funds is proceeds from CABAA's Annual Golf Classic; and donations come from other sources as well. The Foundation Board engages with an investment advisory team on a pro-bono basis to grow and protect the funds with safe, low-risk investment vehicles that offer sufficient liquidity. The Foundation Board coordinates closely with the Scholarship and Mentoring Committee throughout the year to fund CABAA's education-related initiatives. These include the Annual Scholarship Program, the CABAA/Flight Safety Professional Training Award, plus other programs aimed at raising interest in business aviation among high school, college and even grade school students.