Since its establishment in 2015, the mission of the Moynihan Scholarship Fund (MSF) has been to support the education and development of high school and college students in New York State, while facilitating their exposure to accounting and business careers. In 2023, MSF awarded $159,600 in scholarships to deserving students. Please support the future of the profession with a donation.
Mission Statement
Recognizing the imperative to bolster the CPA pipeline through student exposure and access, the Moynihan Scholarship Fund (MSF) supports the education of students and advances financial literacy throughout New York State.
Vision Statement
We aim to build a strong CPA pipeline by ensuring that students have knowledge of the CPA profession, access and support through their educational journey to CPA.
Prefer to donate with a check? Please mail to our secure lockbox at:
Moynihan Scholarship Fund, Inc.
Lockbox 10550
PO BOX 70280
Philadelphia, PA 19176-0280
Please identify the donor on the memo line of the check, in order to ensure that our acknowledgment letter will be addressed correctly. Contributions to the Moynihan Scholarship Fund, a 501(c)(3) organization, are tax deductible to the extent provided by law.
MSF Priorities
- Promoting diversity, equity and inclusion (DEI) throughout the profession – MSF is committed to advancing young, aspiring accounting professionals, regardless of their race, gender, sexual orientation, religion, disability status or any other aspect of diversity.
- Furnishing accounting education and outreach – With the mission of addressing the racial gap in the CPA profession, Career Opportunities in the Accounting Profession (COAP)* is an immersive and interactive program, focused on exposing underrepresented groups to the CPA profession and the myriad possibilities it offers.
- Providing scholarships – By financially assisting top-notch accounting students, as well as offering them professional support and mentoring, we can help ensure that the pipeline of future accountants is robust. Your donations make the important work of MSF possible.
- Supporting general membership DEI education – We work to push this priority forward through an annual Diversity, Equity and Inclusion Conference, organized by the statewide DEI Committee, dedicated to providing education to members and nonmembers alike.
MSF Overview
Established in 2015, the Moynihan Scholarship Fund (MSF) honors the memory of NYSSCPA Past President David J. Moynihan (1955-2015), a staunch advocate for educational opportunities. The Moynihan Scholarship Fund is an affiliate of the NYSSCPA, which supports and administers the NYSSCPA's student and pipeline programs:
"Some are blessed to be teachers, but
we all have the opportunity to shape a mind, to shape a life."
David J. Moynihan
August 10, 1955-January 9, 2015
MSF Board of Trustees
The Board of Trustees of the Foundation includes up to nine trustees, four of whom currently serve on the NYSSCPA Society Board of Directors. The officers include a president, president-elect, and Secretary/Treasurer. The NYSSCPA Chief Executive Officer serves as a non-voting, ex-officio member. The Board of Trustees may appoint other non-voting, ex-officio members at their discretion.
For questions about the MSF programs and activities, or to discuss contributing to the MSF, please email info@moynihanfund.org.
|
MSF Trustees |
Term Ends |
| 1. |
Rumbi Petrozzello, President
|
2025 |
| 2. |
Michael Sangregorio, Trustee |
2026 |
| 3. |
Liren Wei, Trustee |
2027 |
| 4. |
William Dresnack, Secretary/Treasurer |
2025 |
| 5. |
Kevin Matz, Trustee
|
2025 |
| 6. |
Edward N. Lee, Trustee |
2027 |
| 7. |
Michael Durant, Trustee |
2025 |
| 8. |
Nadia Matthie, President-elect |
2026 |
| 9. |
Taylor Bickley, Trustee |
2027 |
| 10. |
Calvin Harris, ex officio, non-voting |
|
SCHOLARSHIPS
COAP Scholarship
Career Opportunities in the Accounting Profession (COAP)
COAP is a unique learning experience developed to expose promising high school students to accounting and business careers. The program features successful role models and an introduction to the college campus. Most important, the program is designed to teach students about the breadth and depth of accounting as a career choice. Every year, more than 200 students benefit from your generosity.
But it’s not just about course work; students are taken on field trips and given an opportunity to visit corporations, accounting firms, nonprofit organizations, and government agencies in order to gain exposure to the business world. It’s about raising awareness through information and imaging, and providing guidance and resources that aid and increase minority participation in the profession.
The COAP program provides participants with a unique introduction to the accounting profession. By attending sessions on campus and interacting with students from other schools who share similar interests and career goals, COAP also provides an idea of what the college experience will be like. The tremendous majority of the participants leave with a sense of having been part of something special.
Find a COAP program in your area
Criteria
Students who participate in a COAP program are eligible to apply for a COAP College Scholarship in their senior year of high school. For students on the CPA track, this scholarship grants $2,000 per year for up to five years. Applicants must major in accounting at a college or university in New York State.
New York State Accounting Higher Education
Participants must have applied to a New York State college or university for accounting. (Only students studying full-time at a school in New York State are eligible for the scholarship. If a student awarded a scholarship chooses not to study full-time in New York, the scholarship will be forfeited.)
Candidate Selection Process Show More
Candidates are required to have accounting as their anticipated major field. Applicants who have applied for a two-, four-, or, five-year program will be considered. The criteria for initial awards will be academic record, extracurricular activities (including employment), an essay, and applicant appraisal. These criteria will be evaluated based on all applications submitted.
Selection Criteria Show More
COAP Scholarship Program candidates are judged on three criteria:
- Academic excellence and intellectual distinction. Although the program does not require a minimum grade point average (GPA), it is understood that prospective candidates will have the academic ability and preparation to succeed in their education.
- An outstanding record of leadership.
- A sustained commitment to service and community.
What Constitutes a Complete Application? Show More
- Submit the online application.
- Essay component (Mandatory): A 750-word essay describing your long-term plans as they relate to your a) educational objectives, b) career objectives, c) future goals, and how your COAP experience has affected these plans.
- Most recent official transcript with grades, major GPA, and cumulative GPA.
- Completed Applicant Appraisal.
COAP Scholarship Renewal Show More
Scholarship renewal will only be based upon maintenance of an overall cumulative GPA of at least 3.0 or above, and an accounting GPA of at least 3.0. If you are enrolled in a two- or four- year college or university, you must indicate what your plans will be for the completion of the CPA 150-credit-hour requirement.
If You Are Chosen for a Scholarship
All applicants will be notified via email after the Scholarship Committee meets in April. Letters will be mailed to the students’ home addresses shortly after the decision is made.
Application Deadline: Sunday, June 25, 2023
Please note:
The MSF Scholarship Committee reserves the right to process only applications that are complete and are received by the deadline indicated above.
Student Financial Aid Award Letter Sample Show More
This financial aid awards and eligibility sample document provides a clear overview to understanding the information provided in this documentation.
Excellence in Accounting Scholarship
The purpose of the Excellence in Accounting Scholarship is to provide financial assistance to encourage and aid deserving candidates to enter the accounting profession. Accordingly, scholarship awards will be based heavily on financial need. At the same time, applicants must meet or exceed a threshold of acceptable academic performance. In 2022, we awarded $129,100 in Excellence in Accounting Scholarships.
Scholarship for Minority Accounting Students
In partnership with AICPA, the NYSSCPA/MSF minority scholarship’s goal is to increase the ethnic diversity of the CPA profession by offering scholarship awards to undergraduate and graduate level students. This scholarship provides financial awards to full-time minority students pursuing a degree in accounting or an accounting-related major residing in New York State.
Give to the Moynihan Scholarship Fund
Attracting and supporting high quality students with a diversified education and background is needed to overcome the profession’s talent shortage. Through our initiatives, MSF is expanding its reach by working with high schools, universities, and developing complementary partnerships to provide opportunity through financial assistance, education, and networking to those that need it most.
Invest in a future CPA today.
Contact Us
The Moynihan Scholarship Fund, Inc.
200 Madison Ave., 11th Floor
New York, NY 10016
info@moynihanfund.org
(212) 719-8327
The Moynihan Scholarship Fund, Inc. is a 501 (c)(3) organization.