The Dr. Frederick A. Steinmann Scholarship Endowment Fund

Establishment and Purposes of the Steinmann Scholarship Endowment Fund

The Dr. Frederick A. Steinmann Scholarship Endowment Fund was established in June 2017 by a gift of $25,000 from Sterling Franklin, Trustee of the Morris S. Smith Foundation, and a friend of Dr. Frederick Steinmann. Sterling also gave a cash gift of $1,250 so that the first Steinmann Scholarship award could be given to a student in academic year 2017-18. Also, Dr. Chester A. “Chet” Newland, a friend and mentor of Frederick, donated $2,000. In March, 2018, after Sterling learned of the high cost of undergraduate tuition at UNR, he gave an additional $20,000 in fall 2018, $25,000 in fall 2019, and $29,000 more in fall 2020 from the Smith Foundation, to bring the total gifts to the Steinmann Scholarship Endowment Fund to over $100,000.

The Dr. Frederick A. Steinmann Scholarship Endowment Fund was established for three purposes:  a) to honor Dr. Frederick A. Steinmann; b) to provide a partial-tuition scholarship award each year to a student at the University of Nevada, Reno College of Business; and c) to encourage friends and alumni of the University of Nevada, Reno to consider establishing and donating to similar endowed scholarship funds at the UNR College of Business.