College of Business Funds
Total funds: 78
Manahan Family Teaching Excellence Award for the College of Business
Given their strong ties with Illinois State, the Manahan family established this endowment in 1999. All tenure or tenure track faculty in the College of Business who possess a significant teaching quality are eligible for this award. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. Given their strong ties with Illinois State, the Manahan family established the Manahan Family Teaching Excellence Award for the College of Business in 1999. All tenure or tenure track faculty in the College of Business who possess a significant teaching quality are eligible for this award.
Vince Bystrom Scholarship Fund
The Vince Bystrom Scholarship Fund was established by Michael Bystrom in order to provide financial assistance to recruit and retain student(s) meeting the following criteria: o Student must be enrolled in the College of Business. o Student must have a minimum GPA of 3.0. o Student must demonstrate financial need. o Scholarships will be awarded for the following term: renewable annual award
College of Business Building
The College of Business Building fund was started in June 1999 with a gift from the State Farm Companies Foundation to assist in the construction of the new facility. Following construction of the facility, any remaining fund may be used to support renovation and improvements, including furniture and equipment, needed for the facility.
Scott J. Williams Servant Leader Scholarship
The Scott J. Williams Servant Leader Scholarship was established in 2022 with proceeds from a life insurance policy he established with ISU as policy owner and beneficiary. In 1989, Scott received a BA degree in finance from the ISU College of Business. He continued at ISU receiving his MBA in 1990. He was elected and served as Student Regent on the ISU Board of Regents during his last year on campus. Scott was a member of the Sigma Tau Gamma fraternity and was selected as National Man of the Year in 1989. In his professional life, he specialized in the field of Long-Term Care (LTC) insurance and was considered by many an expert in his field. Scott was an innovator and leader as demonstrated through the executive positions he served with insurance companies. Scott died suddenly in August 2021.
Innovation Consulting Community Fund
The Innovation Consulting Community Fund was started in 2020 to support the operating and program needs of the Innovation Consulting Community program at Illinois State University. The Innovation Consulting Community (ICC) involves provides students from disciplines from across campus the opportunity to further develop a creative mindset working to create solutions and innovative strategies to solve to complex problems for the profit and not-for-profit sectors.
Steven E. Bailey Memorial Scholarship
This endowment was established in 1997 in memory of Steven E. Bailey, by his family. This scholarship is awarded to a student enrolled in the College of Business who are graduates of Plainfield, Illinois High School or are a member of the Sigma Tau Gamma fraternity. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Steven E. Bailey Memorial Scholarship endowment was established in 1997 in memory of Steven E. Bailey, by his family. This scholarship is awarded to students enrolled in the College of Business who are graduates of Plainfield High School in Illinois or are a member of the Sigma Tau Gamma fraternity.
Dorothy Uphoff Camp Endowed Scholarship
The Dorothy Uphoff Camp Endowed Scholarship was established in 2010 by the children and friends of Dorothy Camp, a 1940 business teacher education graduate of Illinois State Normal University. Dorothy believed strongly in the value of education. One of four children her parents raised in Hudson, Illinois, Dorothy was teaching in Lewiston when she decided to enlist in the Women's Army Auxiliary Corps. Lt. Uphoff finished her service in 1945 and, with the help of the G.I. Bill, headed for New York City to enroll in Columbia Teacher's College for a master's degree. There she met another G.I. Bill student, her future husband, Daniel Camp. They moved to four different states and Thailand, and Dorothy landed school jobs at each location, retiring in 1987.
J. D. J. Riggs Endowed Scholarship
The J.D.J. Riggs Endowed Scholarship was established in 2013 by James E. and Deborah L. Riggs out of a desire to help young people aspire to their chosen profession. Jim is a 1968 graduate of Illinois State University with a B.S. in Business Education and MBA in 1980.
The Ron Jr. and Cathy Whitton Family Endowed Scholarship
This fund was established in 2010 by Ron Jr. and Cathy Whitton to provide financial support for the educational expenses of an incoming freshman from Pekin Community High School (P.C.H.S.), or an incoming graduate from Illinois Central Community College (I.C.C.). Ron Whitton Jr. graduated from P.C.H.S. and received a B.S. in business from Illinois State. Ron and Cathy married in 1981. After working at a brokerage and owning and operating a restaurant and a lawn care company, Ron sold his businesses in 2005 and opened Dentsmart, which now has franchises in 11 states. Meanwhile, they had two children. Cathy played a crucial part in running the businesses and raised their children.
DWB Dream Maker's Endowed Scholarship
Sharon Rossmark established this scholarship in 2010 to honor her parents, David and Willie Mae Brown. David is a veteran of WWII, serving in the European Theater and participating in D-Day on June 6, 1944 at Utah Beach. He and Mae were married three days before he was drafted in the army. The purpose of this scholarship is to support United States soldiers or veterans, including National Guard and Reservists, and their dependents who are majoring in business at Illinois State University. Preference will be given to entrepreneurship majors and students studying abroad in France through one of the programs offered by the International Business Institute and the Office of International Studies on the campus of Illinois State University.
Dixie L. Mills Endowed Scholarship Fund
The Dixie L. Mills Endowed Scholarship Fund was established in 2007 by colleagues, alumni, friends, and business community leaders in honor of Dixie Mills, dean of the College of Business at ISU upon her retirement. The scholarship was established for the purpose of attracting high-achieving and motivated students to major in business at ISU. Qualified applicants must demonstrate leadership through involvement with extracurricular and/or community activities and reflect integrity in their daily life. Each candidate must: be an incoming freshman majoring in business, have at least an 3.0 high school GPA on a 4.0 scale, rank in the top quarter of their high school class or have an ACT composite score of 24 or above, submit a 250 word essay, and include at least one letter of reference. Assets of this endowment are invested in the ISU Endowment Investment Pool. The Dixie L. Mills Endowed Scholarship Fund was established in 2007 by colleagues, alumni, friends, and business community leaders in honor of Dixie Mills, dean of the College of Business at Illinois State University, upon her retirement. The scholarship was established for the purpose of attracting and retaining high-achieving and motivated students who are majoring in business. As tuition costs continue to rise, scholarship support is many times a determining factor for where students choose to attend and their ability to finish a degree. Qualified applicants must demonstrate leadership through involvement with extracurricular and/or community activities and reflect integrity in their daily life. Each candidate must be an incoming freshman majoring in business.
Ferengul Endowed Scholarship
This endowment was established in 2010 by Corey and Melanie Ferengul to help current business students who are actively participating in paying for school while focusing on their studies. The Ferenguls grew up in working class families in the Chicago suburbs and worked several jobs to finance the majority of their educations. Melanie '93, B.S. Accounting, was recruited prior to graduation by The Northern Trust Company. Corey '93, B.S. Marketing, began a career after graduation in the computer software industry spanning several companies. Candidates must have a minimum cumulative GPA of 3.0/4.0, work experience or involvement in school or community activities, and demonstrated financial need. The award is to be used for educational expenses. The scholarship will be awarded annually as funds are available. This endowment was established in 2010 by Corey and Melanie Ferengul to help current business students who are actively participating in paying for school while focusing on their studies. The Ferenguls grew up in working class families in the Chicago suburbs and worked several jobs to finance the majority of their educations. Melanie '93, B.S. accounting, was recruited prior to graduation by The Northern Trust Company. Corey '93, B.S. marketing, began a career after graduation in the computer software industry spanning several companies.
Doris J. Strange Endowed Business Scholarship
The Doris J. Strange Memorial Endowed Business Scholarship was established by Priscilla Matthews, Illinois State associate professor emerita Milner Library, to honor her mother's memory and her love for business. The scholarship provides support to students who demonstrate academic and personal achievement with specific requirements determined annually by the College of Business. Preference given to students from a small rural community involved with either the Women in Business or Accounting and Finance Women's Alliance registered student organization.
College of Business Dean's Discretionary Fund Scholarship
The College of Business Dean's Discretionary Fund Scholarship provides support for the activities, programs, and operations, including named commemorative scholarships and awards, of the department.
Women In Business Professional Development Fund
The Women in Business Professional Development Fund was established in 2016 through a fund transfer. The purpose of the fund is to support student programs and initiatives in the College of Business enhancing the professional development of students. Preference will be given to programs that support female business students and promote gender awareness with a focus on developing the next generation of female business leaders.
Sulaski Family Scholarship
Scholarship: Provide financial assistance for students
Jack North Student Leadership Award
This endowment was established in 2005 by the ISU Campaign Steering Committee, in honor of campaign chair Jack North, to recognize an outstanding student leader in the College of Business. Each candidate must be a graduating senior in the College of Business with a cumulative GPA of at least 3.0/4.0, and must submit a personal statement and a reference. The annual award will be not less than $1000. The recipient will have the honor of being the student speaker at the spring COB commencement ceremony. If the recipient's account at Illinois State has no balance, he/she will receive a check for the balance of the award amount. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Jack North Student Leadership Award was established in 2005 by the ISU Campaign Steering Committee in honor of campaign chair Jack North, to recognize an outstanding student leader in the College of Business.
William J. Motchar Study Abroad Impact Fund
The William J. Motchar Student Abroad Impact Fund was established in 2021. The scholarship provides financial assistance to undergraduate students enrolled in the College of Business participating in a study abroad experience. Preference given to a student with financial need.
Elsie F (Lewis) Mendenhall Charles Endowed Scholarship Fund
The Elsie F (Lewis) Mendenhall Charles Endowed Scholarship Fund was established by Elsie F Charles in order to support students that want to pursue a career in business education.
The Charles "Chuck" Martin Memorial Scholarship Fund
Donor was moved to establish this scholarship to honor Charles "Chuck" Martin, a role model, leader and advocate for many young professionals that entered the profession of insurance.
Larry E. Gustafson Scholarship
The Larry E. Gustafson Scholarship provides financial support for an incoming new freshman with a major in the College of Business. The award was established by Larry Gustafson as a way of "paying it forward." Gustafson, a 1983 graduate with a degree in Finance from the College of Business, created this scholarship in 2010 so students can better themselves by obtaining a college education. Preference will be given to dependents of a Union Carpenter and/or students who have Multiple Sclerosis or who are dependents of individuals who have Multiple Sclerosis.
Lynch Family Endowed Scholarship
The Lynch Family College of Business Scholarship was established in January 2017 by Catherine and Fechin Lynch. The Scholarship supports students in the College of Business who demonstrate academic and personal achievement. Preference is given to a student from a family with more than one child.
Mark and Sue Thorndyke Dean's Scholarship
The Mark and Sue Thorndyke Dean's Scholarship was established to provide financial support to College of Business students, with preference given to a first-generation student to attend college.
College of Business Academic Fund
The purpose of this fund is to support faculty innovation by recruiting and retaining the highest quality faculty and staff for the College of Business at Illinois State University. World-class faculty help make an Illinois State education unique by providing the best undergraduate experience for business majors.
Marian and Hobart Hinderliter Endowed Fund
The endowment was established in 2001 by Marian and Hobart Hinderliter. Marian is a 1953 graduate of Illinois State University with a degree in business teacher education. The scholarship is awarded to a freshman enrolled in the College of Business with an interest in business as a professional career. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The endowment was established in 2001 by Marian and Hobart Hinderliter. Marian is a 1953 graduate of Illinois State University with a degree in business teacher education. The scholarship is awarded to a freshman enrolled in the College of Business with an interest in business as a professional career.
Charlie Norman Dean's Scholarship Fund
The Charlie Norman Dean's Scholarship Fund was created in 2014 in memory of Charlie Norman, a 1988 Finance graduate of the College of Business. Charlie began funding scholarships for the Finance, Insurance, and Law Department in 2009 through annual gifts. Charlie made a provision in his estate to establish this endowment upon his death. The scholarship will be awarded annually to a student majoring in business at Illinois State University.
Wisdom's Torch
This fund was established by retired faculty and staff of the College of Business, and those who wish to honor them, to support teaching and learning in the college. Funds may be used for conference attendance, academic competition fees, and the purchase of special hardware or software to support research or classroom activities. Each candidate for a stipend must be a faculty or staff member employed by the College of Business and complete an application form describing the funding needed and the impact it will have on teaching and learning in the college. The College of Business leadership team will report annually on the projects funded and outcomes of funded initiatives. This fund was established by retired faculty and staff of the College of Business, and those who wish to honor them to support teaching and learning in the college. Funds may be used for conference attendance, academic competition fees, and the purchase of special hardware or software to support research or classroom activities. Each candidate for a stipend must be a faculty or staff member employed by the College of Business and complete an application form describing the funding needed and the impact it will have on teaching and learning in the college. The College of Business leadership team will report annually on the projects funded and outcomes of funded initiatives.
Business Week
The Business Week Fund supports the programs and events held during the College of Business' Business Week. Business Week offers engaging, authentic and professional opportunities that enable students to interact closely with alumni, employers. Through a weeklong series of events students have the opportunity to develop essential soft skills and understandings required for success and listen to speakers share specialized expertise. The Business Week Fund supports the programs and events held during the College of Business' Business Week. Business Week offers engaging, authentic and professional opportunities that enable students to interact closely with alumni, employers. Through a week long series of events students have the opportunity to develop essential soft skills and understandings required for success and listen to speakers share specialized expertise.
Additionally Supports: Business Week Fund, CSR Case Competition Scholarship
College of Business Excellence Fund
The College of Business Excellence Fund provides support emerging talent, including named commemorative awards and scholarships, to advance the national reputation and excellence of the College of Business at Illinois State University. The Fund was formerly named College of Business Fund.
Additionally Supports: Dean's Scholarship, ETS Exam Award
Wilma Jean Alexander Technology Innovation Faculty Award
This endowment was established in 1993 by Wilma Jean Alexander to reward deserving faculty of the College of Business. The award is based on an innovative application of technology in the classroom. To provide financial support to faculty for professional development and instructional activities which enhance the application of technology within the classroom setting. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Wilma Jean Alexander Technology Innovation Faculty Award was established in 1993 by Wilma Jean Alexander to reward deserving faculty of the College of Business. The award is based on an innovative application of technology in the classroom. To provide financial support to faculty for professional development and instructional activities which enhance the application of technology within the classroom setting.
William and Nancy England Faculty Accounting Scholar Fund
William (Bill) England '77 is a partner with PricewaterhouseCoopers, LLC in Chicago. He and his wife Nancy '77 established this endowment in 2012 to recruit and retain outstanding accounting faculty in the College of Business at Illinois State University. For more than 30 years Bill has enjoyed serving multinational companies. He has been the lead engagement partner on Sara Lee Corporation, Kraft Foods, Keebler Company, and Fortune Brands and has significant SEC experience, advising clients on numerous large acquisitions and divestitures. Bill has held a series of increasing management roles in the firm, including U.S. Leader for the Consumer and Industrial Products and Services Industry and Client Service Vice Chair. He is a member of the American Institute of Certified Public Accountants and the Illinois CPA Society and currently serves as Chairman of the Board of the March of Dimes. Bill and Nancy have two daughters, Lauryn and Katie.
Susan Nelson-Brown Endowed Scholarship
The Susan Nelson-Brown Endowed Scholarship was established in 2017. The purpose of the scholarship is to support an Illinois State University student who is originally from Texas and pursing a degree at Illinois State University.
Cama Family Scholarship
The Cama Family Scholarship was established in 2021 by Wendy Cama to support support students interested in the profession of accounting. Interested candidates must be enrolled in Accounting or Business Information Systems majors. Preference given to students with demonstrate financial need.
Eymann College of Business Scholarship
The Eymann College of Business Scholarship was established in 2019 by John Lawrence Eymann. The scholarship provides financial assistance to undergraduate students majoring in the College of Business. Preference is given to students with demonstrated financial need.
Willie Brown Endowed Scholarship Fund
The Willie Brown Endowed Scholarship was established in 2010 by Willie Brown, M.S. '73, Business Administration. The purpose is to provide substantial financial support students majoring in Business at Illinois State. Brown began his career at State Farm in 1971 in the data processing department and retired in 2009 as Executive Vice President. Brown has been an active leader in the Bloomington-Normal community. At Illinois State University, he serves on the College of Business Advisory Council and the Alumni Network, and he has been inducted into two Halls of Fame.
COUNTRY Financial College of Business Equity, Diversity, and Inclusion Scholarship
The COUNTRY Financial College of Business Equity, Diversity, and Inclusion Scholarship was established by COUNTRY Financial in order to assist students in the College of Business.
College of Business Dean's Scholarship
The purpose of this fund is to provide scholarship support for students with a major in the College of Business. Students must meet requirements as estabished by the Dean or agreements with respective donors.
Additionally Supports: Ben and Katie Hart Scholarship, Diversity Excellence Business Scholarship, Jack Vincent Endowed Scholarship Administrative Agreement, Pantaleone-Hoffman Family Excellence Scholarship in Business, Rigas Family Scholarship
Connie Fako Shoemake Endowed Scholarship Fund
Connie Fako Shoemake graduated from Illinois State University with a B.S. degree in 1977 and with an M.S. degree from Northern Illinois University in 1988. Connie is IBM vice president, Smarter City Sales for North America. She has held various executive and management positions in sales, marketing, business partners, and technical support throughout her 30 year career at IBM. Connie is a current member of the Illinois State University College of Business Advisory Council. In 2010 she was recognized with an Alumni Achievement Award by Illinois State for her career accomplishments, leadership, and mentoring within the technology industry. In her continued support of education she has established this endowed scholarship. The purpose of this scholarship is to help single parents, and the children of single parents, pursue a business degree at Illinois State University.
BBKA Business Scholarship
The BBKA Business Scholarship was established in 2018 by Brian Christensen to provide support for a College of Business student. Preference will be given to students from the 61605 zip code who demonstrate financial need.
Ron Whitton Pay It Forward Fund
The Ron Whitton Pay It Forward Restricted Fund was established in 2019 to provide financial support for students and to cover operating expenses related to the Pay It Forward program in the College of Business. Eligible expenses include marketing and program costs and unanticipated ancillary costs.
Scott Bittner Sigma Chi Memorial Scholarship
Scott Bittner was a devoted father, husband, and successful businessman. He attended Illinois State University and was a member of the Sigma Chi fraternity. He was one of the 7 men with ties to Illinois State University who died in a plane crash on April 7, 2015. Scott's tremendous work ethic and his generosity in his community and among his friends was well known. The Scott Bittner Sigma Chi Memorial Scholarship was established by Scott's friends, family, and Sigma Chi fraternity brothers with a purpose to provide financial support for students who display a strong work ethic, generosity, and commitment to helping others.
Connie Krug Student Service Award Endowed Scholarship
This fund was established in honor of Connie Duffy Krug, who devoted herself to the personal and professional development of students at Illinois State University until her retirement in 2000. She was an integral part of the College of Business for more than 20 years and was responsible for many programs that honored students and alumni or welcomed distinguished guests. Through the planning and development of many of these events, she mentored and guided students as they learned about leadership, organization and responsibility. Connie was known and loved by many years of Business Week and COBEC officers with whom she worked closely. This award will be given annually to a student who exhibits outstanding qualities in her/his activities with the College of Business.
C. W. Chan Endowed Scholarship
The C. W. Chan Endowed Scholarship was established in 2017 by C. W. Chan. The scholarship supports a student enrolled in good standing in the College of Business with demonstrated financial need. Preference will be given to international students.
Corey Parker Endowed Scholarship Fund
The purpose of this scholarship is to promote diversity in the College of Business by providing financial assistance for students
Bob and Ann Bennes Endowed Scholarship Fund
The Bob and Ann Bennes Endowed Scholarship Fund was established in 2019. The scholarship supports a College of Business student at a junior or senior standing with demonstrated financial need. Preference given to a student who has either had their own cancer diagnosis, or whose parent/guardian has been diagnosed with cancer.
MPW - Pay It Forward Business Scholarship
The MPW-Pay it Forward Business Scholarship (initially a commitment of $25,000) was established in 2015 by Ron Whitton '80, Paul Koch '80, Erick Miner '78, Gary Ritchie '83, Katie Hill-Gottesman '01, and Nate Webb '07. The endowment provides financial support for business students actively engaged in leadership roles on campus to help students working to improve their professionalism and career preparation. Preference will be given to students serving in a leadership position for a registered student organization affiliated with the College of Business. In August 2016, the fund name was changed to MPW-Pay it Forward Business Scholarship. This update was initiated by Ron to honor Gerry McKean, retired College of Business Dean, and Norris Porter, Sr. Director of Development, and to acknowledge their work in helping Ron create a mechanism for encouraging alumni to support the College of Business.
Matt Busey Endowed Scholarship Fund
The Matt Busey Endowed Scholarship Fund was established in 2008 by friends and relatives of Matt Busey, a 2005 graduate of marketing and general finance programs in the College of Business at ISU. The Matt Busey Endowed Scholarship was established for the purpose of providing support for College of Business students. Preference will be given to applicants completing internships abroad or studying abroad. It recognizes Matt Busey who died from injuries suffered in an accident in December 2006. Assets of this endowment are invested in the ISU Endowment Investment Pool. The Matt Busey Endowed Scholarship Fund was established in 2008 by friends and relatives of Matt Busey, a 2005 graduate of marketing and general finance programs in the College of Business at ISU. The Matt Busey Endowed Scholarship was established for the purpose of providing support for College of Business students. Preference will be given to applicants completing internships abroad or studying abroad. It recognizes Matt Busey who died from injuries suffered in an accident in December 2006.
College of Business Diversity Scholarship
The College of Business Diversity Scholarship was established in 1988 with a gift from the State Farm Companies Foundation. The scholarship supports recruitment efforts focused on the value and importance of diversity in the College of Business.
The Neil Maheshwari Family Scholarship Fund
The Neil Maheshwari Family Scholarship Fund was established by Neil Maheshwari in order to provide financial assistance to students in the College of Business.
Hobart and Marian Hinderliter Endowed Professorship
Marian Gardner Hinderliter graduated from ISU in 1953 with a degree in Business Teacher Education. Longtime residents of Jacksonville, IL, she and her husband, Hobart Hinderliter, established this endowment to recruit, support, and maintain outstanding faculty in the College of Business at ISU. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. Marian Gardner Hinderliter graduated from Illinois State University in 1953 with a degree in Business Teacher Education. Longtime residents of Jacksonville, IL, she and her husband, Hobart Hinderliter, established the Hobart and Marian Hinderliter Endowed Professorship to recruit, support, and retain outstanding faculty in the College of Business at Illinois State University.
Kenneth T. Sr. and Deborah A. Glover Endowed Scholarship
Kenneth T. Glover Sr. (Ken) and Deborah A. Hypke (Debbie) graduated from Illinois State University in the spring of 1973. Ken graduated with a bachelor of science in business administration and Debbie with a bachelor of science in elementary education. Over the years, Ken and Debbie supported their belief in quality education and in providing support to others whether it be financial or volunteering their time and experience. Ken and Debbie decided to establish this endowed scholarship as a continuation of their support to education and the need of others. The purpose of this fund is to offer a scholarship in the College of Business to assist academically talented students with some of the costs that they incur while pursuing a degree in a business-related field.
Phillip and Lee Ann (Baker) Clary Endowed Scholarship
As far as they can remember, Phil and Lee Ann never met while students at Illinois State University, even though they were pursuing the same major, had the same professors, and were both initial inductees into the Beta Gamma Sigma academic society. They both graduated from the University in the spring of 1983 with B.S. degrees in accounting, but they didn't meet until Lee Ann began her career as an auditor at Laventhol-Horwath's Chicago office and Phil accepted an internship at Laventhol for the 1984 audit season. Phil received his M.S. in May 1985 and passed the C.P.A. exam that same year. Lee Ann had passed the exam in 1984. The purpose of this scholarship is to offer financial assistance to students pursuing a career in business with special preference given to non-traditional students, including married students and students with children.
Sue G. Brody Endowed Scholarship
The Sue G. Brody Endowed Scholarship was established to provide financial support to undergraduate students enrolled in the College of Business.
Edmund and Jane Dobski Endowed Scholarship Fund
The Edmund & Jane Dobski Endowed Scholarship Fund was created by Julie and Bob Dobski with the Illinois State University Foundation in the fall of 2010 to honor Bob's parents Edmund and Jane Dobski. Edmund and Jane started a family grocery business in Chicago in 1938. Their reputation for quality, fairness, hard work, and family spread and they eventually owned three grocery stores. Bob and his brothers, Tony and Tom, all worked in the stores and learned a work ethic that formed who they are today. The three brothers sold the grocery stores in 1980 and pursued careers as owners of McDonald's franchises. Julie and Bob credit their successes to lessons they learned from Edmund and Jane. The purpose of this scholarship is to provide financial assistance for educational expenses to a College of Business major at Illinois State University.
Jim Offerdahl Endowed Scholarship
The Jim Offerdahl Endowed Scholarship was established by Jim Offerdahl in 2019 to provide financial assistance to a College of Business student who is studying Entrepreneurship. Preference will be given to a student who is an Illinois resident with demonstrated financial need.
Dustan Beier and Lynn Litwin Endowed Scholarship
The Dustan Beier and Lynn Litwin Endowed Scholarship was established to provide financial assistance to students enrolled in the College of Business and members of Delta Sigma Pi.
GROWMARK - Vern McGinnis Endowed Leadership Scholarship
This fund was established in 2009 in honor of Vern McGinnis, a retired executive of GROWMARK, Inc., who served as President of the College of Business Advisory Council of Illinois State University for ten years while Dixie Mills was Dean of the College. Vern provided leadership for the Council when it was initially established and helped it grow and mature into a functional support mechanism for the College. This fund was announced when Vern was inducted into the COB Hall of Fame in 2009. Each candidate must be a sophomore or junior business major with a cumulative GPA of at least 3.0/4.0, submit an essay, demonstrate leadership and integrity through involvement with campus and/or community activities, and provide two letters of recommendation. The award is to be used for educational expenses. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The GROWMARK - Vern McGinnis Endowed Leadership Scholarship was established in 2009 in honor of Vern McGinnis, a retired executive of GROWMARK, Inc., who served as President of the College of Business Advisory Council of Illinois State University for ten years while Dixie Mills was Dean of the College. Vern provided leadership for the Council when it was initially established and helped it grow and mature into a functional support mechanism for the College. This fund was announced when Vern was inducted into the COB Hall of Fame in 2009.
A. Richard Williams Endowed Scholarship
The A. Richard Williams Endowed Scholarship was established in 2018 to honor Arthur R. Williams and Gertrude N. Williams, the parents of A. Richard Williams. Arthur Williams was a faculty member of ISNU from 1914 - 1945 and the first head of Business Teacher Education. The scholarship provides support for students with demonstrated financial needs enrolled in the College of Business at Illinois State University.
William and Sue Hallinan Endowed Fund For Student Professional Development
To establish a fund in the College of Business supporting student development through professional and leadership development programs such as but not limited to Business Bird Ready. Funds from the William and Sue Hallinan Endowed Fund for Student Professional Development can be used to support the activities and operations of student professional development in the College of Business and could include, but not be limited to, facility needs, technology, learning and programming opportunities, student travel , staff and /or graduate assistance support and more.
Leona Standford Vollintine Scholarship
The Leona Stanford Vollintine Scholarship was established in 2013 through the generosity of the Leona Stanford Charitable Trust as a restricted scholarship benefitting students in the College of Business Scholarship Candidates must demonstrate academic and personal achievement and meet specific requirements determined annually by the College of Business.
O'Brien Family Scholarship
The purpose of the O'Brien Family Scholarship is to provide scholarship support for students in the College of Business that are active in a LGBTQ+ RSO at Illinois State University. When Maureen O'Brien established this scholarship in 2023, her goal was to assist students that have experienced challenges, such as homelessness or have otherwise been displaced due to issues arising from, but not limited to, LGBTQ+ engagement or foster care placement.
Lois Violet Hobart Endowed Scholarship
The Lois Violet Hobart Endowed Scholarship was established following an estate gift from the late Lois Violet Hobart. The purpose of this fund is to provide financial support to College of Business students who demonstrate both academic and personal achievement.
Maggie Webb Endowed Scholarship
The Maggie Webb Endowed Scholarship was established by friends and relatives of Maggie Webb, a 2005 graduate of the business administration program in the College of Business at ISU. The Maggie Webb Endowed Scholarship was established for the purpose of providing financial support for College of Business students. It recognizes Maggie Webb who died tragically in December, 2007. Assets of this endowment are invested in the ISU Endowment Investment Pool. The Maggie Webb Endowed Scholarship was established by friends and relatives of Maggie Webb, a 2005 graduate of the business administration program in the College of Business at ISU. The Maggie Webb Endowed Scholarship was established for the purpose of providing financial support for College of Business students. It recognizes Maggie Webb who died tragically in December 2007.
Thomas Lorig Endowed Scholarship Fund
This endowment was established in 2000 by family, friends, and colleagues to honor Thomas Lorig, native of Colfax, Illinois and retired Corporate Vice President of Motorola, Inc. This scholarship is awarded to a freshman and resident of McLean County with a major in the College of Business. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Thomas Lorig Endowed Scholarship was established in 2000 by family, friends, and colleagues to honor Thomas Lorig, native of Colfax and retired corporate vice president of Motorola, Inc. This scholarship is awarded to a freshman and resident of McLean County with a major in the College of Business.
Mark Dunaway Dean's Scholarship for First Generation Students
The Mark Dunaway Dean's Scholarship for First Generation Students was established in 2021 to support a student enrolled in the College of Business at Illinois State University who is a first generation student. Preference given to students with demonstrated financial need.
Thomas Byker Endowed Scholarship Fund for College of Business
The Thomas Byker Endowed Scholarship Fund for the College of Business was established to provide financial assistance to those
Robert "Bob" Lutt Endowed Scholarship
The Robert "Bob" Lutt Endowed Scholarship was established in 2016 by Kris Lutt '06 MBA and his wife Becky to acknowledge his father and Illinois State University for his career success. The scholarship supports undergraduate and graduate majors in the College of Business with a preference for students with an agricultural background or those who plan to work within the agriculture industry. Kris is a proud graduate of Illinois State University and this scholarship is his way of "Paying it forward."
William J. Motchar Endowed Scholarship
The William J. Motchar Endowed Scholarship was established in 2016 by William J. Motchar '85. After graduating ISU, Will spent 13 years in progressing responsibilities in sales, marketing, and global business unit management with National Starch & Chemical Company. He is currently President and Chief Executive Officer for Navis Global in Charlotte, North Carolina. Will is a proud graduate of Illinois State University and this scholarship is his way of "Paying it forward." The scholarship will support undergraduate majors in the College of Business with a preference for students from small communities.
Bedell-Frautschi Scholarship
The Bedell-Frautschi Scholarship was established in 2018 by Alan Bedell and Deanna Frautschi. The scholarship provides financial assistance to a junior or senior enrolled in the College of Business in one of the following majors: Business Administration, Insurance, or Accounting. Preference will be given to students with demonstrated financial need.
Andrew C. Jackson Servant Leadership Scholarship
The Andrew C. Jackson Servant Leadership Scholarship was established in 2015 by Andrew C. Jackson '80. The purpose of this award is to provide financial support for students majoring in Accounting Information Systems, Business Information Systems, or Marketing/Sales and Entrepreneurship. The goal is to help students improve their professionalism and leadership skills.
Gary L. Fish Accounting Scholarship
The Gary L. Fish Accounting Scholarship was established by Gary L. Fish in order to provide financial assistance for Accounting students.
Mark and Linda Hauptman Endowed Scholarship
Mark Hauptman graduated from ISU in 1979 with a B.S. in accounting and received his C.P.A. that same year. He was active in the Alpha Tau Omega fraternity during his years at ISU. He began his career in public accounting at a firm in Bloomington. Linda Dean Hauptman graduated from ISU in 1976 with a B.S. in sociology. She started work at a community mental health center in Canton and then moved to Bloomington and worked at the same firm as Mark. They married in 1981 and have resided in Fort Worth since 1989. Mark worked in accounting and insurance, retiring in 2009 and becoming part-owner of a plastic injection molding company. Linda became a full-time homemaker and raised their three daughters, Laura, Elizabeth (Beth) and Sarah. Mark's sister Paula and several members of Mark's and Linda's extended families are also ISU graduates. Mark and Linda established this scholarship for junior, senior, or graduate level business majors as a continuation of their support to education.
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.
Isabelle Purnell Scholarship
Isabelle S. Purnell created this scholarship in the College of Business with the proceeds from a charitable remainder unitrust she established on May 9, 1996. She died March 10, 2006 at the age of 93. Each candidate for the Isabelle Purnell Memorial Scholarship must: be enrolled as a new freshman at ISU as a major in the College of Business, have demonstrated an interest in business as a professional career, have achieved at least a 3.0 high school GPA on a 4.0 scale, have ranked in a top quarter of high school graduating class or have an ACT composite score of 24 or above or equivalent SAT score, and have demonstrated leadership through involvement with extracurricular and/or community activities. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. Isabelle S. Purnell created this scholarship in the College of Business with the proceeds from a charitable remainder unitrust she established on May 9, 1996. She died March 10, 2006 at the age of 93. Each candidate for the Isabelle Purnell Memorial Scholarship must: be enrolled as a new freshman at ISU as a major in the College of Business, have demonstrated an interest in business as a professional career, have achieved at least a 3.0 high school GPA on a 4.0 scale, have ranked in a top quarter of high school graduating class or have an ACT composite score of 24 or above or equivalent SAT score, and have demonstrated leadership through involvement with extracurricular and/or community activities.