Paul Foster’86 (left) is joined by Beloit’s East Coast Gift Officer Leslie Kidder’02, and business leader and Beloit College parent Marvin Weissberg P84 at the September 2006 Classic. Daring. Life-Changing. campaign event in Washington, D.C. The event was one of many regional gatherings held to share campaign priorities and fund-raising goals with Beloit’s leading supporters.
Thanks to his success in residential real estate in the Washington, D.C., area, Foster has been able to make a $25,000 gift to Beloit that will help promising students with financial need to pursue their educations. His gift will be invested, and the income it earns year after year will provide scholarships for Beloiters.
In creating the Paul W. Foster Endowed Scholarship Fund, he is following in his father’s footsteps. A football scholarship was his father’s only ticket to college and his father has been very generous to his own alma mater ever since. “I think that’s commendable,” Foster says.
Foster recognizes that, without scholarship help, people like his father and others he’s known at Beloit would never have been able to afford a college education. His father went on to found a large real estate business, Long and Foster, where the younger Foster has earned a place as regional manager for northern Virginia, West Virginia, and the District of Columbia. His majors in Spanish and international relations have been crucial to understanding cultural issues and communicating with the United State’s growing Latin-American population.
“I realize I have been very fortunate, and I want to give back,” Foster says. “Beloit helped me become successful, and I believe supporting education does the most amount of good in the world.”