SAGE Scholars Educational Foundation’s
The mission of the SAGE Scholars Educational Foundation is to help SAGE Scholars families afford high-quality private education. To achieve that goal, SAGE Scholars has pledged one million dollars in hard dollar scholarships to help families bridge the gap between what schools are able to offer in financial aid and the cost of tuition, room and board, and additional expenses.
SAGE Scholars recognizes visionary leaders who have devoted their lives to the purpose of promoting the values and affordability of private higher education. It is our honor to dedicate three of our Educational Foundation's scholarships in their names.
The Bruce Bedford Scholarship
Bruce Bedford was born in Bridgeport CT in 1940. He received his B.S. at Yale University in 1962, and an MBA from Harvard in 1964. After working for several years as an executive at Mead Paper Company, he founded his own fixed-income mutual fund, Flagship Resources. He sold the fund to Nuveen in 1997. He went on to serve on the board of directors and then as chancellor at Antioch University.
He never really retired. After leaving Antioch University, he spent his remaining years as investor and mentor to numerous entrepreneurs, including Dr. James B. Johnston of SAGE Scholars, in the United States and Canada. He helped start and advise companies in numerous industries, including education, health technology, finance, and marine technologies. He served on the Board of Directors at SAGE Scholars from 1997 until his death. He was instrumental in navigating SAGE Scholars through its early years.
At the time of his death, he was finishing his thesis for a master's degree in International Diplomacy at Norwich University.
The Father Thomas Schaefer Scholarship
Father Thomas Schaefer was born in 1951 in Pittsburgh PA. He received a bachelor's degree from St. Mary's Seminary in Baltimore in 1974, master's degrees from School of International Training in Vermont and Duquesne University. He earned a Ph.D. in Formative Spirituality from Duquesne in 1997. He entered the priesthood in 1982 and has served as pastor at several Catholic churches in the Pittsburgh area.
He was fluent in 7 languages, including several African dialects. He served in the Peace Corps 1974-79, was Director of the National English Teaching Program in the Central African Republic 1979-81 and was involved in theological activities while in Africa.
Father Tom served as Director of the Office of International Affairs and then Dean of the Admissions office at Duquesne University from 1988-2002, and as associate VP of academic affairs at La Roche University from 2002 to 2021. He led the effort to open a La Roche University campus in Rome, Italy, which came to fruition in 2017.
He became aware of the SAGE Scholars Tuition Rewards program while at Duquesne, resulting in Duquesne becoming an early member college. He joined the SAGE Scholars Advisory Council in 2001, serving until his passing. No matter the issue, Father Tom always had something helpful to offer.
The Michael Midlam Scholarship
Mike Midlam, a native Californian, died of Covid-19 at age 65. He was a prolific entrepreneur who, as president, helped make the financial marketing organization Asset Marketing Systems (AMS) the largest independent equity index annuity firm in the country.
Always the innovator, Mike used his network of financial planners to include college funding and SAGE Scholars Tuition Rewards Program as part of their financial advice, particularly for grandparents.
Passionate believe in the value of higher education, Mike hosted numerous Advisory Council meetings in San Diego and offered creative college funding solutions to our members.
Dr. James B. Johnston Scholarship
SAGE Scholars Educational Foundation's third annual Dr. James B. Johnston Scholarship Essay Competition gave $100,000 in hard dollar scholarships to SAGE Scholars High School Seniors who submitted a winning essay and plan to attend a member college or university in the fall of 2021.
The Educational Foundation named this scholarship after SAGE Scholars founder and president, Dr. James B. Johnston. A visionary leader in the field of higher education, Dr. Johnston works closely with the leaders of private collegiate institutions to make their values oriented educational programs more available and more affordable to families and their children. Dr. Johnston is the former Director of Admissions and Financial Aid at the Wharton Graduate School and the 2020 Alumni Educator of the Year at the University of Pennsylvania.
The third annual Dr. James B. Johnston Scholarship Essay Competition opened on February 15th, 2021 and closed on May 15th, 2021.
Students had from May 15th to July 1st to submit proof of enrollment at a member college or university. Only students who will be attending a member college or university are eligible for a Dr. James B. Johnston Scholarship.
Dr. James B. Johnston Scholarship winners were announced on July 15th, 2021.
All Dr. James B. Johnston Scholarship winners will receive their scholarship check by the end of August.