From the Trust's website: "The Josephine de Karman Fellowship Trust was established in 1954 by the late Dr. Theodore von Karman, world renowned aeronautics expert and teacher and first director of the Guggenheim Aeronautical Laboratory at the California Institute of Technology, in memory of his sister, Josephine, who died in 1951. The purpose of this fellowship program is to recognize and assist students whose scholastic achievements reflect professor von Karman's high standards. "
For more info: http://www.dekarman.org/