Paula Drake Endowed Scholarship

Paula Drake Ilardo ’69 made a deferred gift through a bequest in her will to establish the Paula Drake Endowed Scholarship as part of The DePauw Trust, the University’s commitment to increase endowment for need-based scholarships.

A member of Alpha Chi Omega sorority, Paula majored in creative writing at DePauw. Following graduation, she moved to Chicago to work for the advertising firm Leo Burnett. She later moved to Arizona where she spent her career in the field of marketing – first in new product development for Dial Inc., then as the nation’s first municipal marketing director for the City of Glendale, Ariz. While there, she co-authored the 206-page history of the city – Glendale: A City of Diversity. She retired as communications/economic development director for the City of Goodyear, Ariz.

In making this future gift, Paula wanted to affirm the formative and defining effect of her DePauw education on her life and career. The DePauw Legacy Society recognizes alumni and friends, including Paula and 900 other generous donors, who make estate plans or establish life-income gifts to benefit DePauw. “I’m happy to know my gift will have a positive impact on other students’ lives for generations to come,” Paula said.

The long-term strength of DePauw demands that we are able to attract and enroll strong, talented students who belong at DePauw regardless of their ability to pay. With a goal of reaching $100 million in additional endowment by 2018, The DePauw Trust will lessen the burden of attending college for a large number of DePauw students, increase enrollment of more diverse and first-generation students, and significantly increase the reputation of the University nationally, all while placing the institution on more robust financial footing. The University, both in The Campaign for DePauw and in the future, is committed to expanding significantly those funds that make up The DePauw Trust.


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