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Former CEO launches nonprofit management scholarship

Red and Sheri Cavaney donate to USC

April 3, 2015
By Walt Williams


The former CEO of the American Petroleum Institute and his wife, also a former association executive, have donated $100,000 to the University of Southern California to create a scholarship for graduate students studying nonprofit leadership.

The Red and Sheri Cavaney Endowed Scholarship for Nonprofit Leadership is the first scholarship gift established for USC’s new master of nonprofit leadership and management degree, according the university. It will be awarded to a student who displays “exceptional academics, professional accomplishments and future promise in the field of nonprofit leadership.”