10
December
2013
|
12:00 AM
America/New_York

The Ohio State University Partners with Prestigious Stamps Leadership Scholars Program

The Ohio State University today announced that it will join other universities from across the country as a participant in the prestigious Stamps Leadership Scholars Program, funded by the Stamps Family Charitable Foundation Inc. This fall, five entering Ohio State freshmen will be designated as Stamps Leadership Scholars.

“The Stamps Leadership Scholars Program, in conjunction with our Eminence Fellows Program, will financially support Ohio State students who are the best and brightest in the class,” said Ohio State Interim President Joseph A. Alutto.

“The generosity of Roe and Penny Stamps is truly remarkable,” Alutto added. “We are grateful they have chosen to include Ohio State as one of their academic partners in excellence.”

Once the program is fully implemented, as many as 20 Ohio State students will hold the distinction of Stamps Leadership Scholars, one of the most prestigious full-ride scholarships in the country.

“We are excited about partnering with The Ohio State University and, more importantly, "helping to provide remarkably talented students with an exceptional educational experience,” said Roe Stamps, who runs the foundation with his wife, Penny.

E. Roe Stamps IV is a former lieutenant in the U.S. Navy Reserve, an industrial engineering graduate of Georgia Tech and an MBA graduate from Harvard Business School (HBS). After graduating from HBS, Roe Stamps spent a decade learning the ropes of venture capital in Chicago and Boston. But by 1984 he was ready to launch his own endeavor. With colleague Steve Woodsum, Stamps launched Summit Partners, a leading private equity and venture capital firm with investments in software, communications technology, semiconductors and electronics, and financial services. With $14 billion under management and 150 employees, Summit has offices in Palo Alto, London, Boston and Mumbai and has raised 16 funds since its founding.

Penny Stamps attended the University of Michigan, where she earned a B.A. in design from the School of Art and a teaching certificate in elementary education. In 2006, Penny and Roe Stamps created merit scholarship programs for undergraduates at their alma maters.

After seeing what a difference such awards made in the lives of the recipients, the couple expanded their reach with similar programs at the University of Miami in 2009 and at Barry University, Caltech, the universities of Florida, Illinois and Virginia, and UCLA in 2010. The list of partners has continued to grow to include three dozen of the country's leading public and private universities and colleges.

Stamps Family Charitable Foundation Inc.
The Stamps Family Charitable Foundation Inc. supports more than 430 Stamps Leadership Scholars through partnerships at three dozen universities and colleges. As one of the country’s most prestigious awards, the Stamps Leadership Scholarship typically provides four years of generous support, with additional funding available for enrichment experiences, such as study abroad, academic research and leadership training. The awards are made on the basis of leadership, scholarship, perseverance, innovation and service. The 170 Stamps Leadership Scholars who entered the program in 2013 were selected from more than 543,000 applicants from across the nation. More information is available at stampsfoundation.org, contact person, Randy McDow, 678-399-3388.

About The Ohio State University

The Ohio State University is a dynamic community of diverse resources, where opportunity thrives and where individuals transform themselves and the world. Founded in 1870, Ohio State is a world-class public research university and the leading comprehensive teaching and research institution in the state of Ohio. With more than 63,000 students (including 57,000 in Columbus), the Wexner Medical Center, 14 colleges, 80 centers and 175 majors, the university offers its students tremendous breadth and depth of opportunity in the liberal arts, the sciences and the professions.