How did "Oscar" get it's name?

I think I was reading through the many "Jazz Singer" postings when it
was explained how the Academy Awards trophy got the nickname, "Oscar."

Can anyone save me the trouble of reading through the 100+ postings and
give me the answer to this question?

Thanks,

Rich Wagner

Thanks Eric.
I remember reading about someone saying that it looked just like her
Uncle Oscar, but did not remember who had said it.

While it may not be true, it sounds the best to me.

Thanks for helping out,

Rich Wagner