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BW Endowment: Gifts that Help Forever
”One of the best ways for donors to make a lasting impact at Baldwin Wallace University is through the establishment of a named, endowed fund.”
— President Robert Helmer
The BW Endowment links past, current and future generations. Our endowment is composed of individual funds established through charitable gifts held in perpetuity and invested in a manner that protects the principal. The investment income provides a stable funding source for scholarships, professorships, program funds, research funds and other special purpose funds.
Gifts to the endowment provide financial stability, encourage innovation and allow for flexibility to help BW move forward in important ways. Since endowment gifts continue to give over time, they ensure the long-term well-being of the University. In other words, your gifts will help enable generations of students to benefit from a higher quality of education, now and in the future.
Endowed Scholarships
Baldwin Wallace has a long history of endowed scholarship support from alumni, faculty, trustees and friends. More than 380 named scholarships provide in excess of $3.1 million each year, helping students attend, persist and graduate from BW. The minimum amount needed to establish an endowed scholarship is $50,000 which can be funded with a single gift or built over time.
- Consider Your Impact
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We ask donors to consider the impact they hope to make through their named fund. The answer often guides their philanthropic investment in BW. The chart below provides information about the expected annual distribution available for scholarship awards, based on endowment size:
Annual amount available for scholarship awards
Endowment value
$100,000
$2,000,000
$50,000
$1,000,000
$25,000
$500,000
$12,500
$250,000
$5,000
$100,000
$2,500
$50,000
Donors may choose to make an undesignated gift to the endowment, contribute to an existing endowed fund or direct their philanthropy in a personally meaningful way to support a variety of initiatives, including:
- Scholarships
- Program and research funds
- Professorships and faculty development funds
- Your Gift to the BW Endowment
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Each BW experience is unique. Our goal is to make sure all members of the BW community have the opportunity to provide endowment support in a personally meaningful way.
We offer a wide range of opportunities for you to carry forward your own legacy or honor a loved one:
- Scholarship endowments create a perennial, targeted source of funding for students.
- Faculty endowments provide direct faculty support including endowed or named chairs that enable BW to attract and keep the brightest and most engaging minds.
- Program endowments to initiate or expand opportunities for students, within and beyond the classroom.
- Unrestricted endowment funds or gifts to existing endowment that support University priorities and special needs.
Endowment funds can be established in a way that works best for you, including:
- Outright gifts of cash or appreciated securities, either all at once or built over time.
- Planned gifts that dedicate a portion of your estate to create an endowment legacy.
- Combination gifts of outright and planned gift support.
As you explore ways to make an impact at BW, we welcome your questions and conversation. For more information, please call the development office at (440) 826-2104.
- Endowed Funds Established in 2016-2017
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Named and endowed funds provide lasting support to BW programs and student scholarships. Funds are fully endowed when they reach $50,000 and provide support to BW in perpetuity.
The Thomas S. Altvater ‘85 Scholarship
Thomas Alvater ’85 established this scholarship to support the future generation of BW MBA students who do not receive financial support from employers to pursue advanced degrees.
The Richard Bement ‘64 Scholarship
To honor the memory of her late cousin, Richard Bement ’64, a secondary science teacher in the Strongsville Public Schools, and his mother, Donna Bement ’31, Jane Delcamp ’67 established this scholarship to support BW students with demonstrated financial need.
The Lynne and George Cherry Piano Scholarship
Established by Nathan Cherry, Lynne and George’s son, the Lynne and George Cherry Piano Scholarship celebrates the Cherrys’ long careers as artists and piano faculty at BW’s Conservatory of Music. The scholarship supports piano majors in good academic standing with demonstrated artistic potential.
The Ward and Miriam Jones Scholarship
Established by Ward ’55 and Miriam ’56 Jones, both proud BW alumni, this scholarship supports students majoring in engineering and natural sciences with demonstrated financial need.
The David Malicky Ph.D. Memorial Scholarship
Former BW president Dr. Neal Malicky established this scholarship with the support of family and friends to honor the memory of his son, David, who passed away in 2017. With a Ph.D. in engineering, David was a scholar with varied interests and enthusiasm for learning. The scholarship will support graduates of Berea-Midpark High School who plan to major in STEM subjects at BW.
The Dr. Maria G. Marin Memorial Scholarship
Dr. Maria G. Marin, an inspiring and passionate professor of Spanish, passed away unexpectedly in 2016. This scholarship, initiated by her family and friends, recognizes an outstanding Spanish major who demonstrates academic excellence and innovative scholarship.
The Martin Family Scholarship Endowment
Established by BW Trustee Reverend David Martin and his wife Jeanne, this scholarship supports BW students with demonstrated financial need.
The Scott ’90 and Julie Mawaka Scholarship
Established by Scott Mawaka ’90 and his wife Julie, this scholarship supports BW Conservatory of Music students with piano as their primary instrument.
The Walter H. Meixner Scholarship
To honor his adoptive father’s passion for the BW Bach Festival, Dennis Taylor established this scholarship supporting BW Conservatory students with financial need.
The Vincent K. Petrella Scholarship
Established by BW Trustee Vince Petrella ‘82, this scholarship supports business majors with financial need.
The Dorothy Potosnak Sotak Vocal Scholarship
Established by Eileen Sotak ‘97 and William Kessler to honor the memory of Eileen’s mother Dorothy and her love of music, this scholarship supports vocal music majors from Cuyahoga County who demonstrate talent, promise as artists and financial need.
The Robert V. Zito ‘49 Scholarship
The Robert V. Zito ’49 Scholarship was established through an estate gift and memorial gifts from family and friends after Bob passed away in early 2017. The scholarship supports students with financial need from Cuyahoga or Lake County, Ohio.