The Richard D. McDonough Caddie Scholarship Foundation was established in 1955 to award college scholarships to caddies who worked at New Hampshire golf clubs. In its first year of operation, the Foundation granted two scholarships totaling $1,000. The Foundation expanded its mission to aid young people to include any female or male employee of a New Hampshire golf course and changed its name to the The McDonough Scholarship Foundation. For academic year 2021-22, The McDonough Foundation awarded $131,800 in scholarship grants to 87 young men and women employed at 33 New Hampshire golf courses who are currently attending 38 colleges and universities. With these most recent grants the Foundation has now awarded over $3,000,000 in scholarship money since the inception of the scholarship program. The Foundation is fortunate to have financial support, in addition to that received from individual donors, from The New Hampshire Golf Association, The New Hampshire Senior & Profile Senior Golfers' Associations, The New England Senior Golfers' Association, annual donations from several New Hampshire golf courses and sponsorships in connection with Foundation supported events.