History of the Scholarship Endowment Fund

One of the very significant parts of the Naples Buckeyes Mission Statement is the awarding of scholarships to local area students who attend The Ohio State University.  This key activity began with the founding of the Club in 1988.  The early leaders identified scholarship activity as important work and began immediately to fund and raise funds for scholarships.  Almost from the beginning, Club leaders identified the need to have a Scholarship Endowment Fund that would ensure that funds would be available for future students.  The current Scholarship Endowment Fund was funded as an endowment fund recognized by OSU in February, 1991.  The original $15,000 in the Scholarship Endowment Fund was raised faster than any other Scholarship Endowment Fund had prior to that time.

The Scholarship Endowment Fund continued to increase through the 1990's and in 1997 reached the $100,000 level.  In 1998, the Club Board gave support to a Major Gift Committee, which was formed to specifically double the Fund to "$200,000 by 2000."  This committee and the Club members achieved and surpassed all their goals.  Fund raising activities continued through the 2000's and the fund increased to $355,000.  In 2011, the Club began a new endowment campaign, Naples Dollars for Buckeye Scholars, and the current value of the Scholarship Endowment Fund is over $1,000,000, the largest fund of any Alumni Club in the country.

Current Activity for the Scholarship Endowment Fund

Events of the Club normally include some type of fund-raising activity, whether it be raffles at game viewing sites, jewelry parties, silent and Chinese auctions, live auctions and other special activities.

One of the campaign goals was to be able to provide scholarship awards to as many as 4 students at a time to attend OSU.  Normally, the Club attempts to give awards in an amount that is the difference between in-state and out-of-state tuition and in 2016-2017, that amount is approximately $16,000 per student.

If you would like to help in this effort or find out more details on the Scholarship Fund or commitment opportunities, please contact Charlie Kerwood, Development Chair at 239-250-4222 or ckerwood@waller.com.

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