The Foundation is a charitable nonprofit California corporation created in February 1992. As a charitable organization, the Tailhook Educational Foundation has no members. It depends on donations from persons who share the goals and vision of the Foundation. Over the past 20 years, more than 100 scholarships have been given to members of the Naval Aviation family. The Foundation assists exceptionally qualified and deserving students to attain their goals of further education.
Preference is given to the children of persons who have given their lives in the line of duty.
The scholarships given are direct grants made out to the students and the schools which they attend. The Hook is the only publication in the world that is dedicated to telling the story of U.S. Navy carrier aviation, both past and present. Each issue contains a selection of carrier and squadron histories balanced with departments containing the latest news of current units and aerospace industry developments affecting carrier aviation. Emphasis is placed on high quality reproduction of the best photographs available of U.S. Navy aircraft in operational situations. A typical issue of The Hook will contain more than 175 photographs and squadron insignia within its pages.