Livingston Family Endowed Scholarship
This fund was established in 2002 by Duane Livingston, vice-president at Caterpillar, Inc.; native of Decatur, Illinois; and a 1970 graduate of the accounting program at ISU. The scholarship is awarded to a minority African-American freshman from the Peoria or Decatur, Illinois area. Applicant must be majoring in business, preferably accounting, have achieved at least a 2.75 high school GPA on a 4.0 scale, and rank in the top quarter of their high school graduating class or have an ACT composite score of 23 or above. While need is not to be a prime consideration, it may be a contributing factor in cases where two or more applicants have apparently equal qualifications. Applicant's must submit a 250 word essay and at least one letter of recommendation. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Livingston Family Endowed Scholarship was established in 2002 by Duane Livingston to honor his wife Sandra, mother Wilma, father T.O. and grandfather C.L. Livingston. The scholarship supports students enrolled in the College of Business who are active in the Black Student Union or National Association of Black Accountants and/or Association of Latin American Students. Duane is a native of Decatur and a graduate of the accounting program in the class of 1970 at Illinois State University. He began his management career at Caterpillar right after graduation and was elected vice-president and officer in 1995. He served on Illinois State University's Accounting Advisory Board for several years. He holds the distinction of being the first African-American manager sent on an overseas assignment for Caterpillar and was also their first African-American vice president. Preference given to students with demonstrated financial need.