The Jimmie L. Dean Scholarship Foundation, Inc. was established in 2008 from the generous gift of Jimmie L. Dean for one simple reason, to help reduce the “brain drain” from Oklahoma of losing the state’s young adults to other states. Our purpose is to contribute to this by providing educational support for the next generation of productive Oklahomans in moving the state forward. This critical investment in these young citizens is to help them in completing their post high school education and help expedite them to becoming an asset to the Sooner state without being burdened by an anchor of debt hindering their ability to fully contribute to this state’s economy.
Jimmie was a lifelong resident of Washington County, Oklahoma who believed that through hard work, individual responsibility and education, a person can achieve their highest goals and dreams. Jimmie’s life was an example of following those beliefs as he came from a working class family in Bartlesville, Oklahoma. Jimmie was the youngest of 5 children of Marion and Maude Dean. His grandfather, father and older brother were all self employed plumbers. He attended and graduated from Bartlesville High School in 1960 and then went on to serve in the United States Navy as an aircraft mechanic from 1961-1966. After being honorably discharged from the Navy, he began a 33 year career with Phillips Petroleum Company, retiring in 1999. While working at Phillips Jimmie’s work received recognition from his peers and he innovated and developed solutions, even receiving a patent in 1992. During his lifetime Jimmie prudently managed his financial affairs and upon his death in 2008, directed his estate to organize a not-for-profit charitable corporation; and through a testamentary gift, his estate is the original contributor to the Jimmie L. Dean Scholarship Foundation, Inc.
The Foundation exists today to fulfill the virtues and honor the legacy of Jimmie by awarding scholarships to individuals who have grown up in Oklahoma that have and continue to exemplify the same beliefs of hard work, individual responsibility and education for attendance at an Oklahoma accredited College, University or Technical School.
Candidates for an award from the Foundation should show achievement in their educational studies, leadership, personal responsibility and character. The awards are targeted to assist those who have worked hard and contributed in providing for their own financial needs while maintaining a solid academic record. Family income does not factor into the decision for an award as the Foundation looks for students who have held a paying job and has shown personal responsibility in their life to prepare themselves for a formal education beyond high school.
Each Scholarship Award granted can be up to $10,000 per academic school year with the actual amount of each award determined by the Foundation. We expect the average award to be less than $10,000 and the actual number of awards will be determined after all applications are received and reviewed.
The awards are meant to supplement financial aid for students to eliminate or minimize the amount of loans and family contributions required to achieve their educational aspirations. Awards are for one academic school year and can be used for academic year’s tuition and academic related fees and a reasonable allowance for room and board, as determined by the Foundation. The final eligibility will take these charges and deduct other awards and scholarships the student has received, with this award filling in the gap. A Scholarship recipient may apply for a renewal each year but can only be awarded an additional scholarship or grant four (4) times for a total of five (5) years of awards up to $50,000 over the five (5) years.
We are looking for students who have exhibited the traits of Jimmie throughout their life. While every application will be carefully considered and evaluated, the candidates that are seeking to major in a technical field of study, have helped provide for their own financial support while growing up in Oklahoma, and have a strong desire to remain in Oklahoma after graduation with their four year degree will be given preference. Students will also have demonstrated academic achievement by obtaining an ACT score of 25 or higher if attending a college or university and a 17 if attending Oklahoma State University Institute of Technology in Okmulgee. Students who are not pursuing a major in a technical field but have a compelling story of how they fit into the qualities of this Foundation may be considered as well. However, we strongly discourage students completing an applicant who are pursuing the arts, social sciences, pre-law, political science or psychology as a major as this is not our focus.
Since our first awards granted in the 2010 – 2011 academic year, the Foundation granted approximately $1,000,000 in awards. The individual awards range from $1,500 to $10,000 per year.
Board of Directors:
Robert E. Boyd, Chairman and President
Mr. Boyd is the Founder and President of Boston Street Advisors a financial advisory firm in Tulsa, where he advises Private Equity and Hedge Funds in business development and transaction structuring. He has over thirty years experience in the fields of venture capital, capital formation, international finance, and investment banking. Prior to forming his own firm, he held positions as Chief Financial Officer – Treasurer and Manager of Treasury in the manufacturing sector and senior financial analyst for a major international energy company. He is also the founder of Boston Street Capital, a private equity investment firm.
In addition to being chairman of The Jimmie L. Dean Scholarship Foundation, Mr. Boyd is an active board member for the Oklahoma Health Care Authority, the John Starks Foundation and the Asbury Communities where he also serves as the chairman of the board. Mr. Boyd has served on the National Advisory Council of the U. S. Small Business Administration, is a Special Advisor to the President of the Wharton Club of New York and is a member of Wharton Private Equity Partners.
He has served on the Economic Development Committee for the City of Tulsa and on the Business Valuation Committee of the Oklahoma Society of CPA’s, and the boards of Inverness Village, Logistics Master, Bios, Effective Teaching and Learning, The University of Tulsa Friends of Finance, The University of Tulsa Alumni Association and The University of Tulsa Graduate Business Studies.
Mr. Boyd holds a Bachelor of Science in Business Administration from Phillips University where he played varsity baseball and a Master of Business Administration from the University of Tulsa, graduating with honors. He graduated from the Advanced Management Program from the Wharton School, University of Pennsylvania. Mr. Boyd is a Fellow of the Wharton School of the University of Pennsylvania. He is a Certified Public Accountant in the state of Oklahoma and holds Series 7, 63, 65 and 79 securities licenses. He lives in the Tulsa area and is married with two children and one grandchild.
Tony Bacher, Secretary
Tony Bacher is a lifelong Tulsan and co-founder of several local businesses. He is currently retired and is enjoying volunteer and recreational activities.
In 1989 Mr. Bacher co-founded Mersch-Bacher Associates Inc, (MBA) with another Tulsan, Carol Mersch, and the company became a leader in IBM AS/400 software development. One of the products MBA developed for IBM was subsequently sold to IBM in a multi-million dollar transaction. This product is IBM’s standard backup and recovery offering for all AS/400’s sold by IBM worldwide. A second product is currently marketed by IBM worldwide.
In 1996 Mr. Bacher co-founded the WebZone which focused on providing residential dial-up processing and other services such as web hosting and design, dedicated access and collocation. WebZone was sold to RMI.NET, which was a regional, publicly traded Internet Service Provider in a transactions valued at $5.25 million dollars in July of 1999. MBA was then sold in December 1999 to Pinnacle Business Systems, a privately held company in Edmond Oklahoma.
Mr. Bacher continued with Pinnacle Business Systems until August of 2001 when he left and purchased the assets of WebZone due to RMI.NET’s bankruptcy filing. Since 2001 he has led TulsaConnect in serving small and medium sized businesses operating two state of the art data centers, both in downtown Tulsa.
Mr. Bacher graduated from Oklahoma State University in 1970 with his Bachelor of Science in Industrial Engineering and was awarded his Master’s degree in Industrial Engineering in 1972. He is a registered professional engineer in Oklahoma and nationally.
Mr. Bacher lives in Tulsa and is married with three children. He is an active member of The First Baptist Church of Tulsa, Tulsa Executives Association and the Owasso Children’s Home.
Mr. Miller is a Founder and CEO of Bios Corporation, a company established to serve people with developmental disabilities. In 1991, Eddie, along with Linda Myers and Glenn Salley, founded Bios Corporation and in January of 1992 he formally joined the company as CEO/President. In 2002, Eddie became President/CEO of Bios Companies, Inc., a holding company whose subsidiaries serve several hundred people in Oklahoma/Tennessee and employs over 1,000.
From August of 1989 until January 1992, Eddie worked for the Homeward Bound Review Panel. The Review Panel was founded to assist in carrying out the purposes of the Homeward Bound v. Hissom Consent Decree, a Federal court agreement that established the community-based services system that serves thousands of Oklahomans today.
He began his professional career in the field of intellectual and developmental disabilities at a sheltered workshop in 1988. In 1989, he became a job coach through the Oklahoma Supported Employment Project providing him the opportunity to help people pursue meaningful lives through meaningful employment.
He currently serves on the boards Oklahoma Baptist Villages Board of Directors, Oklahoma State Chamber Board of Directors, Advisory Committee of Services for Persons with Developmental Disabilities, Lawrence Peoples Ministries, Board of Directors, President, Home and Community Based Services Council, NSU Pi Kappa Alpha Alumni Association.
Mr. Miller is a native of and resides in Sand Springs, Oklahoma where he is a member of Broadway Baptist Church. He graduated Northeastern State University, May of 1989 with a B.A. in psychology. He is married to Kendyll and has 4 children, Jonathan, Zachary, Terrance, and Madison.
Dennis Wing, Vice President
Mr. Wing is Executive Vice President/CFO of PetroSkills, the World’s Leading Petroleum Training Alliance. Mr. Wing is a native Oklahoman who attended the United States Air Force Academy before being granted a medical discharge after being in a training accident. After completing his degree at Oklahoma State University Mr. Wing began his professional career as an auditor with Peat, Marwick, Mitchell & Company before transferring to the tax department at Deloitte Haskins & Sells. While at Deloitte, Mr. Wing met Alan Roberts who was the co-founder and owner of Oil & Gas Consultants International, Inc. (OGCI) the predecessor to PetroSkills.
Mr. Wing joined OGCI in 1982 as the corporate Controller where he has spent the past 28 years working in various financial and leadership roles of the company. In 2001, he was in the leadership team that transitioned OGCI into PetroSkills which is today one of the largest commercial petroleum training organizations in the world. PetroSkills delivers over 1,000 weeks of training annually to over 13,000 people from its offices throughout the world.