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New Angles on Business

Page 23

YSU Foundation

All names are listed from left to right. 1. Representing the Williamson Family are: J.D. Williamson, Warren P. “Bud” Williamson III, Martha Stewart and Lowry Stewart. 2. WCBA Dean Betty Jo Licata presents a commemorative gift to members of the Lariccia Family: Tony, Mary, Dana and Natalie Lariccia. 3. Pausing during a tour of the new building are: Daniel and Margaret Kollay; Daniel Linsalata, Frank Linsalata and Jocelyne Kollay Linsalata. 4. Representing several donor groups and families are: William J. Bresnahan and William W. Bresnahan, Bresnahan Family Foundation; Frank Hierro, Huntington National Bank; Ted Schmidt, PNC; Bruce Sherman, J. Ford Crandall Foundation; Don Constantini; Lee and Bonnie Burdman, Marsha Burdman; Joseph Schwebel. 5. Taking time for a photo are: Janice Strasfeld, The Youngstown Foundation; Andrew Weller; James Weller; Garry Mrozek, Watson Foundation; E. Wayne Cliffe; Carole and Alan Cope; C. Reid Schmutz; Judy and Samuel Roth; Dean Licata. 6. Donors and donor representatives attending the dinner included: Thomas Barsody and Franklin Bennett, Jr., Pollock Foundations; Jocelyne Kollay Linsalata; William J. Bresnahan, Hynes-Finnegan Foundations; Paul Williams and Gregory Ridler, Andrews Trust; Albert Blank, First Place Bank. 7. YSU President Cynthia E. Anderson visits with: Thomas Cavalier, Stifel, Nicolaus & Co.; Gregory Gett, Packer Thomas; Dean Licata.

Scholarship Endowment Benefits Science and Math Students

William Spencer starts every weekday with the Wall Street Journal, and he’s read a lot over the years about the United States falling behind other countries in science, technology, engineering and math. In 2005, the retired Youngstown business owner and his wife, Margaret, decided to do something practical about what they saw as a serious problem for the United States. They created an endowment at the YSU Foundation to fund scholarships for qualified students majoring in math and science. “Everybody wants to do something constructive,” Spencer said. “My wife and I thought about it a lot. We believe there’s a chance that, through the university and the foundation, we can have some impact, help some students, and maybe help our country.” Reid Schmutz, YSU Foundation president, said the William L. and Margaret M. Spencer Scholarship in Engineering, Mathematics and the Sciences is one of the foundation’s largest endowments, funding several scholarships annually in the College of Science, Technology, Engineering and Mathematics. Spencer earned his undergraduate degree at the University of Pennsylvania in Philadelphia, and then went on to study law at the University of Michigan. He joined his father in his successful Youngstown-based insurance business in 1951, the same year that he and his wife were married. Spencer and his father shared a friendship with Howard W. Jones, who served as the university’s first president from 1931 through 1966, and developed a respect for what the founding president was doing at YSU. To apply for a Spencer Scholarship, students must have completed at least 31 semester hours, major in engineering, mathematics, biology, chemistry or physics, and carry a GPA of 2.75 or higher. Students who work to help finance their college education are given preference, and financial need is a consideration. One-year scholarships are awarded, renewable for up to four years. For more information, contact the YSU Foundation, 330-941-3211.

Mended Hearts Chapter Provides Scholarships for Health Majors ▼

Photo IDs for the Williamson Donor Recognition Dinner.

8. Also attending the preview event are: Leonard and Gina Schiavone; Gregory Bestic, Schroedel, Scullin & Bestic; Laura and John Scotford; Kevin Owens, Turning Technologies; David Yeager; Jack Monda.

The Youngstown-Warren area chapter of Mended Hearts Inc., a support group for heart patients and their families, awards two $1,000 scholarships annually to qualifying YSU students in health majors. The scholarships are awarded in conjunction with the YSU Foundation. Celebrating this year’s awards are, from left: Patricia Feindt, scholarship chair for the local Mended Hearts chapter; scholarship recipient Alyvia Allegretto of Boardman, a sophomore nursing major; recipient Terra Koontz of Youngstown, a senior nursing major; and Don Feindt, a heart bypass surgery survivor and treasurer for the chapter.

9. President Anderson shares a moment with donors: Richard Schiraldi, Cohen & Co.; C. Gilbert James, Jr.; Donald and Gloria Cagigas; William and Joyce Bresnahan; Ruth and Michael Harshman; J. James Gerlach, Anness, Gerlach & Williams; Michael Kurish, ASECU; James Geller; Dean Licata.

Mended Hearts Inc., Chapter 7, has been sponsoring scholarships since 1999, raising funds through its annual nut sale. To apply for a Mended Hearts Scholarship, students must be Ohio residents majoring in a health-related field, must carry at least a 3.0 GPA and must demonstrate financial need.

Fall 2010

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