We thank all our contributors for their support of the Foundation.  For those who contribute via the Combined Federal Campaign, we often don't receive enough information (full name and address) to be able to thank you properly. The Foundation is greatly appreciative of your donation and your support of our mission.  Your contribution will help the Foundation reach its long-term goals and continue its dedication to serve the Navy Supply Corps community. Because of people like you, we can continue our Scholarship Program and to"take care of our own".  Again, thank you for your donation.  

 

2014 Scholarship Application season is closed.  Announcement of scholarship winners will be made the end of May.

For all who ever spent three suspenseful hours of their life they will never get back driving ships alongside transferring fuel; maneuvered under the air tanker to "catch the cone;" fought the surf filling a fuel bladder on the beach; risked death by explosion or electrocution whilst performing the un-natural act of helicopter in-flight refueling (HIFR); or waited for the C-17 to land with the gas…….. take a few minutes to hit the below link, read this and watch the videos………… it is real………….
 
NRL (known inside the Navy as "nuts running loose") has developed (note past tense) a proven catalytic process to manufacture, WHERE AND WHEN REQUIRED, multiple types of fuel FROM SEAWATER!
 
For the record, it took me a while to get used to reverse osmosis desalination as well, until I took it out of my rucksack and used it on the Appalachian Trail.
 
The technology is less than 10 years away from deployment.
 
Enjoy and contemplate.
 
IVO this evolving capability…….. nuclear power…… Quo Vadis?
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Energy Independence: Creating Fuel from Seawater
04/11/2014 06:22 AM CDT
 
Designer fuel: Scientists at the Naval Research Lab effectively flew a small aircraft using molecularly reconstructed fuel they produced from seawater!
Read More
(This news item was provided by CAPT (Ret.) Pete Eltringham, SC, USN)

     In an effort to cut costs, the Foundation wants to move to e-mail distribution of The Oakleaf for as many people as possible. In order to receive the newsletter by email you need to take one of the following actions. 
     1. If you already have a user account at www.usnscf.com, you just need to make sure your e-mail address is up to date and deselect the print option for the publication in your user profile. Log in, click on your name and your profile will appear. Select "Update Info" at the top of the screen and remove the check mark under the Daytime Phone Number. Problem logging in? Send an e-mail to webadmin@usnscf.com with your full name and request for assistance.
     2. If you don’t have an account, you can create one now. Select Log In then click on Register. If you think you may already have an account but haven’t accessed it for a while, please don’t create a new one. Send an e-mail to webadmin@usnscf.com and request a search for a possible account.
     3. If you prefer not to create an account, or you don’t have access to e-mail, you can notify the Foundation office and we will make sure your e-mail address is added to the distribution or include your address on a limited list for a mailed paper copy. Send an e-mail to foundationadmin@usnscf.com, call the office at 706-354-4111, or send a note to Navy Supply Corps Foundation, PO Box 6228, Athens, GA 30604 to let us know how you want to receive The Oakleaf.
   The goal is to have a much smaller mailing list and more people reading The Oakleaf online by mid 2014. Opting out of the paper copy will help the Foundation save money by cutting mailing and printing costs.
   Keeping in touch with the Supply Corps community is paramount to the Foundation. Maintaining accurate information is critical. You can help by keeping your account up to date online or by notifying the Foundation office of changes. Stay in touch!
 

     According to CDR Dennis Collins, Foundation's IAC Chair, for calendar year 2013, the portfolio’s balanced approach of roughly 30 percent bonds/cash, 60 percent equities and 10 percent alternatives resulted in a return of 15.52 percent and has an annualized return of 11.80 percent over the past five years.  This was despite an economy still recovering from the effects of the Great Recession, a 16-day government shutdown, and persistent high long-term unemployment rates, investors showed sustained optimism throughout 2013 with US and International equity indices posting solid gains. In fact, the Dow Jones Industrial Average notched its best annual gain in 18 years. Other asset classes commonly used for portfolio diversification were more mixed with real estate essentially flat for the year and commodity markets generally posting losses. Bonds, a major component of most balanced portfolios, saw declines as interest rates began to rise. The Barclays Capital Aggregate Bond Composite ended the year down 2.02 percent. 
     Read more of CDR Collins' article in the March 2014 The Oakleaf.