Stewart and Jane Bainum founded what is now the Bainum Family Foundation in 1968. It was first known as The College Foundation and later as the Commonweal Foundation. In 1988, it was one of the first local sponsors of the nationally acclaimed “I Have A Dream” program, which promised college scholarships to nearly 70 rising seventh-grade students upon their completion of high school. Today, the Bainum Family Foundation continues to combine proven expertise with a passion for helping the whole child by going beyond academics to help them thrive.
Born in 1919, Stewart Bainum knew what it was like not to be able to afford tuition for school. He once had to leave a Seventh-day Adventist boarding school in Mount Vernon, Ohio, due to a lack of funds. He later graduated, but the experience made him passionate about using his future successes in business to support underserved children. Although he passed away in February 2014, his legacy lives on through the Bainum Family Foundation and the thousands of lives forever changed by his generosity.