Wallace to receive Old Gold Goblet during Alumni Reunion Weekend

Thursday, May 21, 2015
Sarah Reese Wallace

Sarah Reese Wallace, former chairman of the DePauw University Board of Trustees and a prominent business, community and higher education leader in central Ohio, is the 2015 recipient of DePauw's Old Gold Goblet.

President Brian W. Casey will present Wallace with the award, given annually to recognize "eminence in life's work and service to alma mater," during an Alumni Reunion Weekend dinner and celebration of alumni achievement on Friday, June 5.

Presentations of the Old Gold Goblet and Alumni Citations are among the highlights of Alumni Reunion Weekend 2015. Alumni Citations will be awarded to Anne Korb Shane , Class of 1971; Ian W. Davidson, Class of 1980 and Susan Stirling Little, Class of 1959.

In addition to opportunities to see friends and classmates, the weekend's events will include a series of faculty-led Alumni College discussions and a conversation with President Casey on the state of the university.

Wallace, a 1976 graduate, has served on DePauw's Board of Trustees since 2000. In 2007-08, she led the university's presidential search committee, resulting in the appointment of Casey as DePauw's 19th president. In 2010, Wallace was appointed to chair the board, becoming the first woman to ever hold the position in DePauw's history.

Upon completing her tenure as board chairman, Wallace was named co-chairman of DePauw's National Campaign Committee, serving with R. David Hoover, Class of 1967. In this role, Wallace and Hoover announced the October 2014 launch of The Campaign for DePauw, which has now raised a total of $223 million toward its $300 million goal.

Wallace is a generous benefactor for DePauw. Her recent $1.8 million gift, along with a gift from James B. Stewart, Class of 1973, is making possible the Wallace-Stewart Faculty Commons in Hoover Hall. Her other gifts have included support for, among many projects, the expansion of the Julian Science and Mathematics Center, construction of Reese Hall in Rector Village, and leadership-level support for The Fund for DePauw.

An elementary education major at DePauw, Wallace went on to earn a MBA from Indiana University in 1980. Upon completing her graduate degree, Wallace accepted a position at First Federal Savings & Loan in Newark, Ohio, where she now chairs the board.

Wallace also received DePauw University's Young Alumni Award in 1990.

She and her husband, John W. Wallace '76, are the parents of three DePauw alumni children, Sally Wallace Heckman `05, John Gilbert "Gib" Wallace `08 and John Gerald "Gerry" Wallace `08.

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  • It would be a lot easier to take these awards at DePauw seriously if they would actually start to award them outside the board of trustees' family, but they only award them within so it is starting to resemble a little inbred family of their own. It might explain why a third of the faculty didn't even bother to show up for commencement this past weekend. Maybe the faculty are finally so fed up they're finally willing to show it...

    -- Posted by scalbin on Thu, May 21, 2015, at 11:53 AM
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