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For Immediate Release:
June 8, 2010

NJAR® EDUCATIONAL FOUNDATION AWARDS SCHOLARSHIPS

Foundation Awards $53,500 in Scholarships to 37 Students

(Edison, NJ) The New Jersey Association of REALTORS® Educational Foundation (NJAREF) today awarded 37 students with a total of $53,500 in scholarships to use towards furthering their education. Scholarships this year ranged from $1,000 to $2,500 and were presented to recipients at The Pines Manor in Edison, N.J.

"I could not be more proud of this year's group of award recipients," said NJAREF President Eleanor Stern. "Their dedication to academics, athletics and community is truly remarkable. We are privileged to have before us the next generation of industry innovators."

This year, the NJAREF was bequeathed with a new scholarship in honor of Robert F. Ferguson Jr., a former executive vice president of the New Jersey Association of REALTORS® who served the REALTOR® organization at both the state and national levels for over 40 years. After his passing earlier this year, an annual memorial scholarship was established in his name.

The Foundation provides scholarships to members of the New Jersey Association of REALTORS® (NJAR®) or relatives of NJAR® members living in the state of New Jersey. Scholarships are given to high school seniors who will be attending an undergraduate four-year institution, students currently enrolled in undergraduate four-year institutions and students pursuing graduate studies in real estate or related fields. Students are selected based on criteria such as academic achievements, financial needs, interest in real estate endeavors, and contributions to family, school and community.

NJAREF is a non-profit organization that was established in 1969 to foster education, promote knowledge, conduct research, and assist in the education of students pursuing a college or university degree. In 1969, the Foundation received its first major gift of $10,000, followed by other large donations "in memoriam" throughout the years. Today, the scholarship program continues to grow because of the generous support of NJAR® members, the local boards/associations of REALTORS®, and bequests received from the estates of former NJAR® members.

The following is a complete list of the 2010 scholarships winners:

Nutter/Schwartz Award, sponsored by Burlington Camden County Association of REALTORS®
Recipient: John Neckonchuk of Stratford, N.J.

Cape May County Association of REALTORS®, Inc., in Memory of Ruth McCormick
Recipient: Julie K. Burnell of Seaville, N.J.

Eastern Bergen County Board of REALTORS®, Inc., in Memory of Leslie Goldberg & Philip Birmelin
Recipient: Jonathan J. Weisbrod of Union, N.J.

Gloucester Salem Counties Board of REALTORS®, in Memory of Rick Zimmer
Recipient: Emily Duffield of Pilesgrove, N.J.

Greater Union County Association of REALTORS®
Recipient: Samuel J. Berse of Westfield, N.J.

Hunterdon/Somerset Association of REALTORS®, in Memory of David H. Malo
Recipient: Andrew Bucossi of New Providence, N.J.

Hunterdon/Somerset Association of REALTORS®, in Memory of Claudia Pascale
Recipient: Matthew Cortland of Marlton, N.J.

Hunterdon/Somerset Association of REALTORS®, in Memory of Frank Freehauf
Recipient: Robert Stanley Miller IV of Flanders, N.J.

Jay P. Okun Foundation, Inc.
Recipient: Vanessa Wu Bishop of Montclair, N.J.

Mercer County Association of REALTORS®, in Memory of Jerry Lancaster
Recipient: Alexandra Waters of West Windsor, N.J.

Monmouth County Association of REALTORS®
Recipient: Casey Burkhardt of Toms River, N.J.

New Jersey Chapter of Certified Residential Specialists
Recipient: Sarah Kooistra of Sewell, N.J.

New Jersey Multiple Listing Service, in Memory of Philip Birmelin
Recipient: Lauren Gesualdi of Lanoka Harbor, N.J.

New Jersey Multiple Listing Service
Recipient: Caitlin R. Davis of Colts Neck, N.J.

NJAR® Educational Foundation General Awards
Recipients:
Lindsay L. Brenner of Princeton, N.J.
Elizabeth Broderick of Waldwick, N.J.
John Chandler Chludzinski of Spotswood, N.J.
Cara Del Duca of Summit, N.J.
Megan Flannery of Manasquan, N.J.
Colleen Hoffman of Hazlet, N.J.
Beth Anne Kieft of Lumberton, N.J.
Francine Lieberman of Maplewood, N.J.
David Maisel oof Woodcliff Lake, N.J.
Matthew Reagan of South Amboy, N.J.

Nancy F. Reynolds Memorial Awards
Recipient: Brandon Caroprese of Rutherford, N.J.
Recipient: Darren D'Ottavi of Pilesgrove, N.J.

NJAR® Staff-Sponsored Award
Recipient: Michael Armento of Fords, N.J.

Dean A. Gallo Award, sponsored by North Central Jersey Association of REALTORS®
Recipient: Carissa M. Bowen of Edison, N.J.

Michael A. Campbell Award, sponsored by North Central Jersey Association of REALTORS®
Recipient: Brittany O'Keefe of Rutherford, N.J.

Edward A. Ward Award, sponsored by North Central Jersey Association of REALTORS®
Recipient: Brenda R. Falk of Dayton, N.J.

Ocean County Board of REALTORS®, in Memory of Gertrude M. Stefanik
Recipient: Julie Rachel Varughese of Old Bridge, N.J.

RealSource Association of REALTORS®, in Memory of Rose Gioia & Martha "Marti" D'Angelo
Recipient: Zachary Lisella of Allendale, N.J.

Robert F. Ferguson Jr. Memorial Award
Recipient: Tara K. Kelly of Spring Lake Heights, N.J.

Stefanik Family Award in Memory of Gertrude Stefanik
Recipient: Ryan Thomas Stadulis of Glen Rock, N.J.

United Association of REALTORS®
Recipient: Erin Sheehan of Haskell, N.J.

West Essex Board of REALTORS®
Recipient: John V. Salierno of Clifton, N.J.

William J. Carlton Memorial Award
Recipient: Calyn Untamo of Phillipsburg, N.J.

# # #

Photo of the scholarship recipients is available online at: http://www.njar.com/pressroom/releases/2010/060910p.html

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