Douglas R. Elliott Establishes Scholarship Fund

Elliott DouglasGrowing up in a small Indiana town and attending DePauw was much different for Douglas R. Elliott ’84 than it is for lesbian, gay, bisexual and transgender students today. As a Rector Scholar, Doug was grateful for the scholarship assistance and educational opportunity, but he remembers a campus less progressive and accepting of diversity than today’s DePauw.

Much has changed at the University with a dedicated LGBT Services Office and a host of resources and initiatives designed to promote diversity of all types on campus. In fact, DePauw was among the first colleges in the state of Indiana to include both sexual orientation and gender identity/expression as a protected class in campus policies. The Advocate College Guide for LGBT Students published in 2006 ranked DePauw among America’s best 100 campuses for lesbian, gay, bisexual and transgender students. 

Doug wants to ensure that DePauw remains a progressive, welcoming and accessible educational option for LGBT students. Last December, he made a generous commitment to The DePauw Trust, the campaign initiative aimed at raising $100 million in endowed funds for need-based student scholarships. TheDouglas R. Elliott Scholarship Fund will provide an annual scholarship for the LGBT student with the highest semester GPA who also exhibits leadership qualities on campus and demonstrates financial need.

After graduating from DePauw with a degree in economics, Doug went on to earn an MBA degree in finance from The University of Chicago’s Booth School of Business. With more than 30 years in the financial service industry, he spent most of his career working with large corporations on corporate financing requirements. For the last several years, he has followed a passion to work with individuals and families on their investment and estate planning requirements.

Away from the office, Doug enjoys spending time with his partner, Michael, with whom he recently celebrated their 27th anniversary. They own a century-old farm house in southwest Michigan where they enjoy working outside and entertaining


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