Board of Trustees: Officers

Michael Ryan

Head of Public Equities, Harvard Management Company
CEO, MDR Capital Management

In September 2014, Michael Ryan joined Harvard Management Company as the Head of Public Equities. Mr. Ryan founded MDR Capital Management and is its CEO. Previously, he served as head of Global Securities at Credit Suisse, and held senior positions with Goldman Sachs in New York, Hong Kong, Tokyo and London. He is the co-founder of Staten Island ACHIEVE Dollars for Scholars.

Immediate Past Chair
Mim Schreck

Mim Schreck served as chair of the Scholarship America board from 2008-2012, and served as the organization's interim president in 2009 and 2010. Previously, she served as President of Easy Spirit Footwear, retiring in 2003. In addition to her work with Scholarship America, she also serves on the executive committee of the Connecticut Women's Golf Association.

Timothy A. Christensen

Independent Project Manager,
Christensen Nonprofit Consulting

Tim Christensen is is a certified Project Management Professional with specialties in higher education, arts, culture and community engagement; he consults on college
access and success for traditionally underserved students.

Michael Ryder

Managing Director, Blackstone Group

Michael Ryder joined the Blackstone Group in 2014; previously, he worked with Morgan Stanley’s Private Equity team, focusing on middle-market private equity transactions across all industry sectors. He has worked, lived and traveled throughout Europe, Asia and Australia and the U.S.

Board of Trustees: Members at Large

Judith Allen

Educational Consultant

Judith Allen served as the National Programs Consultant for The Education Resources Institute (TERI) in Boston. She is the former Executive Director of the New England Office of the College Board, and worked in administration at Williams College and Regis College.

Robert C. Ballard

President & CEO, Scholarship America
Ex Officio Member of the Board

Bob Ballard joined Scholarship America as President & CEO in September 2015. He brings to our organization more than 30 years of higher education finance experience, most recently as Senior Vice President, Philanthropy with USA Funds. There, he directed philanthropic activities that in 2014 provided more than $21.4 million in funding to promote preparation for, access to and success in higher education.

J. Barry Griswell

Chairman and CEO (Retired), Principal Financial Group

Barry Griswell is the recently retired CEO of the Community Foundation of Greater Des Moines; he joined the foundation after a distinguished career with the Principal Financial Group, where he served as chairman, president and CEO. He is the author of The Adversity Paradox: An Unconventional Guide to Achieving Uncommon Business Success.

Phyllis McGrath

Chair Pro Tem, Honor Roll Trustees
Principal, Philanthropy Management, LLC

Phyllis McGrath is a consultant in nonprofit strategy, governance and organization. She chairs the Governance Committee at Read to Grow, a Connecticut early-childhood literacy program. Prior to forming Philanthropy Management LLC, as an officer of the GE Foundation, she created a nationwide pre-college education program that earned her a White House award.

Douglas J. Mello

President & Founder, DJM Advisory Services

Doug Mello is an accomplished leader in the telecommunications field, having served on the leadership teams of NYNEX and Bell Atlantic corporations. He is active on several nonprofit boards, including the David E. Retik and Christopher D. Mello Foundation, and was also one of Scholarship America's earliest Dollars for Scholars recipients.

Jay Morris, Ph. D., J.D.

Vice President, Education and Executive Director, Institute for Excellence, Yale New Haven Health System

At Yale New Haven Health System, Jay Morris is responsible for leadership development, succession planning, organization development, e-learning and simulation. He has worked extensively in organization and talent management with companies such as Ernst & Young and Merck.

Lauren A. Segal

Special Advisor to the CEO, Scholarship America
Ex Officio Member of the Board

Scholarship America welcomed Lauren Segal as its President & CEO in April 2010; in September 2015, she announced her retirement, effective at year-end. She came to Scholarship America with 30 years of nonprofit sector experience, most notably as president and chief executive officer of Greater Twin Cities (MN) United Way, the second largest organization of its kind in the country.

Seema R. Shah, Esq.

Director, Innovation & Technology, External Partner Development, General Mills

Seema Shah supports General Mills' global innovation strategy by directing the development of strategic relationships. An attorney, she also served as the first Executive Director and President of Twin Cities Diversity in Practice, a member association of major Twin Cities law firms and corporations.

Roxanne Spillett

President Emeritus, Boys & Girls Clubs of America

In her 16-year tenure as President & CEO of Boys & Girls Clubs of America (BGCA), Roxanne Spillett led the most
successful transformation of what is today one of the top 10 nonprofit organizations in America. In recognition of her achievements, Newsweek cited Spillett as one of “15 People Who Make America Great."

William C. Young

Chief Executive Officer, Plastipak Packaging, Inc.

William Young's leadership of Plastipak Packaging and Absopure Bottled Water earned him Michigan's 2005 Entrepreneur of the Year Award. In addition to his business interests, Young sits on the board of the University of Detroit Mercy and serves as president of the Detroit Regional Dollars for Scholars affiliate.


Scholarship America Honor Roll Trustees

Dr. Irving A. Fradkin
Founder, Scholarship America


Dr. William C. Bonifield
Vice President for Education
Lilly Endowment (Retired)


Mr. Ken Jacobsen
Senator, State of Washington (Retired)


Ms. Barbara M. Kuzdzol


Mr. Gregory J. Macri, Jr.
GJ Products


Ms. Kay Marquet
Kay Marquet Associates


Ms. Barbara B. McBee
Vice President, Support Services
The MetroHealth System (Retired)


Ms. Phyllis McGrath
Chair Pro Tem
Philanthropy Management


Ms. Patricia B. Mooney
Christopher J. Barrett Realtors


Mr. J. Stephen Putnam
Putnam Dispute Resolution

Ms. Peni Wilson Roberts
Cornerstone Management


Ms. Ruth Saxey


Mr. Richard Schwab


Mr. Ralph H. Seifert


Mr. David Smith


Mr. Stephen B. Smith


Mr. David Logan Steele, CTFA, AEP
Vice President and Senior Trust Officer
Jonestown Bank & Trust Company (Retired)


Mr. Thomas Terry
Private Investments


Mr. Michael A. Vorhaus
Managing Director
Frank N. Magid Associates


Mr. Philip J. Webster
The Webster Group


Dr. Susan Weinberger
Mentor Consulting Group



Honor Roll Trustees (In Memoriam)

Mr. Lloyd L. Brandt

Joseph M. Hinchey, Esq.

C.A. (Gus) Johnson, II, Esq.

Mr. E.B. (Burt) Knauft

Edward M. Lee, Esq.

Ms. Marquita S. McLean

Mr. Howard Moreen

Mr. Frank E. Morin

William (Brad) B. Norris, Esq.

Mr. Joseph F. Phelan

Mr. Harry A. Rosenberg

Eugene C. Struckhoff, Esq.

Mr. John A. Wedum


The Dream Award

Dream Award Scholarship America’s Dream Award is a renewable scholarship fund targeted toward completion. These annually-increasing awards will be given to students selected from across the nation who are entering their second year of education beyond high school.

2014 Annual Report

In 2014, more than 125,000 students received over $236 million in scholarship support and assistance from Scholarship America – a record-breaking year for the nation's largest provider of private scholarships.


Visit our 2014 annual report to learn more about our successes, our students and our future.

Success By Degrees

Scholarship America's blog, Success By Degrees, covers items of interest to parents, volunteers, educators and anyone interested in the big issues surrounding education, financial aid and postsecondary success. You'll find policy announcements, news releases and more, every week!

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