About the Scholarship

Fred's family and friends established the Frederick Stephens III Memorial Scholarship Fund in 2008 to honor his life and spirit. The fund is dedicated to investing in future young leaders academically and through public service. Scholarships and awards are directed towards financial assistance for undergraduate and graduate education in Health Services, Mathematics, Science and Civic & Community Relations related fields of study, and student sponsorship in leadership development events.

The Stephens family has set the highest of guidelines for the organizational structure of this fund. The vision for the fund extends beyond the region in which Fred lived his life. A spokesperson for the family commented that Fred's dreams were always with a worldview in mind. In order to support investment in generations of leaders, the family has directed an executive core of advisors to set up the appropriate structure for receiving philanthropic investment and directing purposeful giving.

 

Vision Statement
Achieve Fred's legacy by "making a positive difference" through community service and leadership development.

Mission Statement
Prepare and cultivate generational leadership through educational advancement, community service and character development.

 

Board of Reference
At the request of the family, various men and women from within the community and around the country are asked to serve on the Board of Reference. They lend expertise and credibility to the vision and mission. Their service as friends, confidants and counselors is invaluable. Their willingness to personally endorse the scholarship provides a tremendous help toward opening new avenues of public awareness and financial support. This group meets on a bi-annual basis. Current members include:

  • Hon. Gary Locke, former two term Governor of the State of Washington (Honorary Co-chair)
  • Ms. Katharine "Kay" Bullitt, civic leader and activist (Honorary Co-chair)
  • Dr. Timothy Jolley, respected physician, Puyallup Valley Pediatrics
  • Mr. Jack Peterson, distinguished educator and President of the Bellarmine Preparatory School
  • Mr. Chi-Dooh "Skip" Li, prominent Seattle Attorney with Ellis, Li & McKinstry PLLC
  • Mr. Jack McMillan, renowned advocate for leadership development and retired Co-Chairman, Nordstrom Inc.
  • Ms. Anna Richo, Senior Vice President of Worldwide Compliance with Amgen Inc.

The Core Advisors/Scholarship Review Committee
At the request of the family and on behalf of the Board of References, various men and women from within the community are asked to provide oversight as advisors to ensure the day-to-day management of the fund. The Scholarship Review Committee is a mix of family and friends who ensure that the activities of the fund are in direct alignment with the vision and mission. The committee reviews submitted applications and has the authority to determine the recipient(s) of the scholarship(s).

ABOUT LEADERSHIP DEVELOPMENT
Established in 1991, Leadership Development is a publicly supported 501(c)(3) organization (Tax ID #91-1511748). It was established to benefit youth development and receives contributions from individuals, corporations, organizations, and foundations wishing to make lasting contributions to the development of student leaders through educational events and seminars. Contributions are tax deductible to the fullest extent of the law and in accordance with IRS regulations. Donors may deduct contributions as provided in section 170 of the Code. Bequests, legacies, devises, transfers, or gifts are deductible for federal estate and gift tax purposes if they meet the applicable provisions of Code sections 2055, 2106, and 2522.