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McVoy Scholarships Extend Alpha Delt’s Literary Traditions

A man of letters and a sportsman, Martin M. McVoy, Jr., Class of 1892, founded two
companies in his lifetime and served as the first president of a third. Brother McVoy
helped establish the Locke Steel Belt Company, a chain factory in Bridgeport,
Connecticut. Next he founded the Industrial Underwriters, an insurance, bond, and real
estate company. He also served as first president of V. and O. Press Company, a
machinery manufacturer in Brooklyn.

As a dollar-a-day man in the demobilization program after World War I, Brother McVoy
was attached to the Annexation Commission in Hawaii, taking part in the successful
effort to bring those islands under the protection of the United States. He regularly
commuted between Honolulu and Berlin for many years in connection with his various

Martin McVoy had a wry sense of humor, once describing himself in answer to an alumni

questionnaire as “chief slave and president” of the chain factory.
As an undergraduate at Cornell, he belonged to Alpha Delta Phi, and he continued to
serve the chapter in later years. Immediately after graduation he acted as chairman of
the fraternity’s building committee. His leadership led to the fundraising and planning
that resulted in constructing, in 1903, the first Alpha Delta Phi lodge at 777 Stewart

Brother McVoy later demonstrated his loyalty to the Phi by establishing the McVoy Alpha
Delta Phi Scholarships at Cornell. His other gifts to the University include the Martin
McVoy Jr. Graduate Fellowships and the Martin McVoy Jr. Fund, established to offer
prizes for creative writing.

The McVoy Alpha Delta Phi Scholarships are awarded once a year. Award amounts vary
from year to year, most dramatically based on the number of applicants eligible in any
given year and the investment return on the University portfolio in which McVoy funds
are now held and managed.

Awards vary from individual to individual based upon the applicant’s
need, existing educational loans, participation as a house officer, grade-point
average, tenancy within the Phi, and volunteer and leadership activities in the Cornell
University community. Since the mid-1980s, the McVoy Alpha Delta Phi Scholarships
have replaced loan and work-study obligations for our deserving fraternity brothers in
excess of $200,000. In that same period of time, additioinal financial grants from
McVoy funds to
students eligible for financial aid has replaced general
Cornell University Financial Aid grants in
excess of $1,750,000.

Application for McVoy Scholarship Award
For more information on Awards, Scholarships and Student Loans Programs managed by the Adelphic
Cornell Educational Fund (ACEF) contact:
Steven D. Ritchey ’81


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