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Annual Golf Tournament

September 30, 2011
Harbor Links Golf Course
Port Washington, New York

Annual Letter To Our Benefactors

March 2011

“They that sow in tears shall reap joy.” As we approach the tenth anniversary of Tom’s death in the September 11 terrorist attack on the World Trade Center, your steadfast support continues to inspire us to carry out the mission of the Thomas M. Brennan Memorial Foundation.

We are very pleased to report that the Foundation has continued to flourish despite the uncertainty of these difficult economic times. The Foundation posted a 21% increase in fundraising revenue in 2010. Our operating income also grew by 21% last year and, since inception in 2003, has grown at a compounded annual rate of 13%. Our endowment has been further supplemented by a portfolio return of 11% in 2010.

The substantial growth of the Foundation’s endowment has enabled us to expand our scholarship grant program at Boston College. The Foundation’s Scholarship Committee was so impressed by the 2010 candidate pool that we awarded four-year partial scholarships to two incoming freshmen, Max Jackson of Granby, Connecticut and Adrian Tatro of Haverhill, Massachusetts. Congratulations to Max and Adrian, who join senior John Scola of Fairfield, Connecticut, junior Thomas Warns of Massapequa, New York, and sophomore Alex Martin of Boyertown, Pennsylvania, as Thomas M. Brennan Memorial Scholars at BC. We encourage you to visit the Foundation’s website to learn more about our current scholars.

Three of our scholars have graduated from BC and — as we had hoped when we first began this journey — have become involved with the Foundation. Steve Marconi of Oradell, New Jersey serves on the Foundation's Scholarship Committee and Investments Committee. Christina Carney of Staten Island, New York, and Jillian Burdziak, of Ridley Park, Pennsylvania, have accepted our invitation to join the Foundation's Scholarship Committee.

Watching our scholars grow through the unique educational experience that is Boston College, and observing the determination and passion with which they have pursued their post-graduate endeavors, is profoundly gratifying to us. Fundamentally, your generosity has enabled us to preserve Tom’s memory, and for that we will always be grateful.

We hope you will join us on September 30, 2011 as we host The Ninth Annual Thomas M. Brennan Memorial Golf Tournament at Harbor Links Golf Course in Port Washington, New York. Details of the event will be mailed and posted on our website at a later date.

Thank you again for your continued support and for honoring the memory of Tom Brennan by lending a helping hand to others.

Ever to Excel,

The Board of Directors
The Thomas M. Brennan Memorial Foundation