About the Beinecke Legacy​

“...to create and administer a distinguished scholarship program for young men and women of exceptional promise…”

In 1982, Frederick W. Beinecke, II (“Rick”), The Sperry Fund’s president, was handed the baton by his father, William (“Bill”) Sperry Beinecke, to steward the philanthropy’s resources and grow the Beinecke Scholarship Program.

A little over ten years earlier, in 1971, Bill Beinecke, chair and chief executive officer of The Sperry and Hutchinson Company (S&H), established the Edwin, Frederick, and Walter Beinecke Memorial Scholarship Program as a tribute to his father and two uncles. The goal of this program was to identify and support extraordinary American young scholars.

The roots of the Beinecke family’s passion for education go back to Edwin, Frederick (“Fritz”), and Walter Beinecke, born in New York City in 1886, 1887, and 1888. They were linked from their earliest years by their shared interests and deep affection for each other. The Beinecke Rare Book and Manuscript Library, given to Yale University by them in 1963, stands as a symbol of their bond.

Rick, named after Fritz, his grandfather, carries this legacy to this day.

Over the Decades

1896
Sperry & Hutchinson Company is founded
The Sperry & Hutchinson Co storefront

Thomas A. Sperry establishes The Sperry and Hutchinson Company (S&H), the nation’s first independent trading stamp business.

1918–1922
The Beinecke brothers take the reins
Beinecke brothers portrait

The Beinecke brothers (Edwin, Fritz, and Walter) become directors and take leadership roles that help guide S&H’s rise. 

1952
Bill Beinecke becomes General Counsel of The Sperry & Hutchinson Company

The Beinecke brothers name William Sperry Beinecke (“Bill”) as general counsel of S&H, and under Bill’s leadership, S&H quickly grows into a Fortune 500 company. Bill subsequently becomes vice president, and then president, and finally serves as chairman & CEO from 1966 until his retirement in 1980.

Early 1960s

As a civic and corporate leader, Bill was an ardent advocate for nonprofits, especially educational projects. He set the pace for corporate charitable giving in the U.S. and supported greater opportunities for all. He promoted the advancement of women in corporate America.

1971
A bold idea becomes The Beinecke Scholarship
William S Beinecke

Bill Beinecke proposes creating a distinguished scholarship program to honor his father and uncles and support exceptional young scholars.

1973
Paul B. “Jr.” Mott is named executive director

Paul Mott was the S&H Foundation’s executive director with the longest tenure. A leader in New York City philanthropy, Mott was also the executive director of The Prospect Hill Foundation in the 1970’s, and also led the Tomlinson Family Foundation. In 1985, he was appointed executive director of the Altman Foundation. In 2010, after Fred M. Kirby, II, passed away, Paul became the head of the F. M. Kirby Foundation, where he served for 22 years.

1975

The first four scholarships for graduate study are awarded. The Beinecke Scholars are Jefferson Lievense (University of Michigan), Leah McCormack (Smith College), David Scott (Pomona College), and Charles Visser (Dartmouth College).

1979
Harry S Coleman

Harry S. Coleman becomes the second Program Director, continuing a deeply individualized style of scholar support for the next 15 years.

1982

Following major corporate changes, including the sale of The S&H Company in 1981, the foundation becomes The Sperry Fund. As Bill approaches his retirement and considers his legacy, he envisions the Beinecke Scholarship Program as central to the Beinecke’s long-term identity of academic scholarship and educational opportunity. In order to realize this vision, Bill appoints his eldest son, Rick Beinecke to take the helm of The Sperry Fund.

1986
First Assistant Attorney General R. Scott Greathead is elected to the board

Stewarding the vision and resources of The Sperry Fund, Rick seeks an appropriate partner to help lead The Sperry Fund. He nominates his law school peer and friend, R. Scott Greathead to the Fund’s board of directors. Scott had spent ten years in the New York State Attorney General’s office overseeing all bureaus, including charities and nonprofit organizations. A well-respected international human rights lawyer, Scott was a founding member of Human Rights First and Human Rights in China. Scott is elected secretary of The Sperry Fund and serves as a director and officer until his death in 2024. His expertise in tax-exempt law and charitable organizations, including philanthropy, is invaluable to the Fund.

“The program supports a diverse group of wonderful kids doing incredible things—some will be famous in the future, some are famous now.”

—Scott Greathead

1994
Tom Parkinson

Rick identifies Tom Parkinson, the parent of a 1990 Beinecke Scholar, to become the third Program Director and to take the Beinecke Scholarship Program to a new level. A university professor himself, Tom’s career in academia informs his many contributions to the program. As the third Program Director, Tom professionalizes operations and significantly grows the program.

During his 22-year tenure, Tom mentors hundreds of scholars and expands the network of participating schools, strengthening national reach and representation.

1995-1996

Under Rick’s direction and in partnership with the Wildlife Conservation Society (WCS), The Sperry Fund launches an international leadership program to support emerging African conservation leaders. Scholarships to pursue graduate degrees in the U.S. and the U.K. are coupled with opportunities to develop networks and leadership, with the strong expectation of returning home to lead. The Beinecke African Scholarship initially awards one scholarship per year, later expanding to two annually. This new offering is developed in celebration of WCS's 100th anniversary.

2002
The Beinecke Scholarship’s academic focus shifts

The program formally shifts focus to humanities, arts, and social sciences, recognizing the limited funding options in these fields compared to STEM.

2004
A visible Beinecke African Scholarship milestone

Beinecke African Scholar Michel Masozera helps drive major conservation outcomes in Rwanda, including the creation of Nyungwe Forest National Park.

2006
A future Program Director becomes a Beinecke Scholar
Matthew Loar at an archeological site

Matthew Loar is named a Beinecke Scholar, not yet realizing the award would later shape his career, community, and leadership path.

2016
Tom Parkinson retires after transforming the program

After mentoring 450+ scholars and building much of the modern program structure, Tom Parkinson steps down.

“From the beginning, I sensed that the family wanted the Beinecke Scholarship to be more personal than other awards, with the director serving as both mentor and advisor. In my words, I served as a kind of ‘agent’ who looked out for their best interests.”

—Tom Parkinson

2017
Diane Flynn Headshot

After an extensive search process, The Sperry Fund names physicist Diane Flynn as the fourth Program Director. Diane further streamlines systems, expands nominations, improves data processes, and strengthens a sense of community among Beinecke Scholars through social platforms and digital outreach. Diane restructures the Selection Committee to include Beinecke Scholar alumni.

“Diane Flynn helped me understand that the work of the Selection Committee is more art than science. Some nominations are obvious, and in others, we see an inkling of something special—the possibility that, with the right guidance and mentorship, this student will ignite and do great things.”

—Matthew Loar

2022

2006 Beinecke Scholar Matthew Loar becomes the fifth Program Director and brings the program back to its essential tradition: in-person campus visits, deep advising, and strong advocacy for scholars navigating graduate school funding.

Diane Flynn transitions in 2023 to the role of Board Member and in 2024 is elected Secretary of The Sperry Fund.

2025
The Beinecke Scholarship Program celebrates 50 years

In the 50 years since the inception of the Beinecke Scholarship, more than 750 scholarships have been awarded, 120 undergraduate institutions have participated, and 50 African environmental leaders have earned higher education degrees.

“The program has been in place nearly 50 years, supporting students to pursue careers in the humanities who would not have the financial means to go on to graduate work, and we are committed to continuing that.”

—Rick Beinecke

2025
The Beinecke African Scholarship Program celebrates a quarter of a century

25 years later, there is much success to report. Several Beinecke Scholars have gone on to serve as WCS country directors, including Richard Malonga of Congo and Simon Nampindo of Uganda. Michel Masozera, 2000 Beinecke African Scholar from Rwanda, won the 2004 National Geographic/Buffett Award for Leadership in Conservation and served as Rwanda country director before moving to a regional leadership position for WCS. Today, African Scholar alumni play a range of leadership roles at WCS and within national governments, national and international NGOs, national universities, and multilaterals like the World Bank.

The Sperry Fund acknowledges and extends its deepest gratitude to Bethany Wall, our trusted researcher and consultant, for conducting general research, interviewing past Beinecke Scholars, and compiling the historical information above. 

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