A $362,500 gift of stock from San Bernardino residents Charles and Shelby Obershaw launched a $1.5 million scholarship fund drive at Cal State, San Bernardino today.
The first university-wide scholarship campaign that Cal State has ever had, "Celebrating Scholars, Providing Opportunities," as the drive is known, will raise money for merit- and need-based scholarships, as well as build upon the campus's scholarship endowment fund, stated President Albert Karnig. "The Obershaws have been wonderfully supportive of this campus over the years, so their generosity today is especially valuable," Karnig said. "The Obershaw gift will serve as the springboard for us to initiate a much-needed fundraising campaign to promote the recruitment and retention of both highly-meritorious and needy college students throughout the Inland Empire. As the university has grown to more than 14,000 students, scholarship funds have not kept pace."
Both Charles and Shelby Obershaw have long been known for their dedication to education through leadership in the community. In addition to her teaching career of more than 20 years, Shelby served for 12 years on the San Bernardino City Unified School District board of education. She has volunteered at a county school for homeless children and co-chaired this year's successful $50 million school bond measure for San Bernardino city schools. She has been giving individual scholarships to high school students for many years and has an endowed scholarship in her name at Cal State, San Bernardino.
Community college students have benefitted from Charles' scholarship generosity, too. He has taken many college courses and delivered inspirational speeches to community college students to motivate them to continue their education. Together the Obershaws and through his former business, Obershaw Toyota, have made gifts to athletic scholarships at Cal State as well.
The Obershaws have a great deal of community service to their credit in addition to their support for education. Both have been involved with the San Bernardino Area Chamber of Commerce, over which he presided. Shelby continues to serve on the City Library Foundation Board and has 11 years of service with the Assistance League, including the chairmanship of the Children's Dental Health Center. Charles has been involved with boards for the National Orange Show, Community Hospital, the YMCA, San Bernardino Redevelopment Agency, Parks and Recreation Commission and the Arrowhead Country Club, in addition to those affiliated with his business. He is the past president of the Motor Car Dealers Association of San Bernardino and serves on the board of directors of the California Motor Car Dealers Association.
Cal State's scholarship drive is expected to conclude by June 2001. New scholarship opportunities created through the campaign will be announced as they are initiated through gifts made to the fund drive, Karnig said.
Public Affairs Offices/Campus News