HISTORY OF COMMONWEAL FOUNDATION
In 1968, a
First
known as The College Fund, Commonweal’s original purpose was to provide loans
to financially needy students for college tuition. In the 1980s, the
Foundation acquired its new name and a new focus: the support of secondary
education. In 1988, Commonweal became one of the first local sponsors of the
nationally acclaimed "I Have A Dream" program, promising college
scholarships to nearly seventy elementary school students upon their
completion of high school.
Today,
the Commonweal Foundation continues to provide educational and social support
to financially needy students in the form of widely expanded services,
including grants, scholarships, and learning assistance programs.
BOARD OF DIRECTORS
Barbara Bainum
Chairman
Stewart Bainum
Vice Chairman
Bruce Bainum
Roberta Bainum
Alexander Froom
James MacCutcheon
Garland P. Moore
Scott Renschler
Christine A. Shreve
OFFICERS
Phyllis M. Rumbarger, MA
Executive Director
Christopher Sharkey
Vice President & Chief Financial Officer