NEWS

Scholarship Honors: Mother's Success in Spite of Setbacks

Margaret Philhour Lambert earned a full tuition scholarship to Eureka College but, because of the Depression, her parents were not able to provide the necessary funds for her room and board. Margaret did not let this setback stop her from pursuing better opportunities.

She developed accounting skills and worked at the accounting firm of Arthur Young in Chicago without a college degree.

A scholarship for an accountancy student for his or her fifth year of study has been established by Margaret Philhour Lambert's daughter, Susan Lambert Fish '79 MAS '80. In addition to honoring her mother and her influence on Sue's career choice, the scholarship is a way for Sue to acknowledge the financial support she received during her fifth year of study at Illinois. Without this aid, she would have been unable to continue her education. The scholarship helps a student pursue the fifth year of study, which Sue hopes will provide the same benefits she has garnered from her MAS degree.

Sue Lambert Fish, CEO and SVP of The Rosewood Corporation, is a strong supporter of the University, giving both gifts of time and financial support. The Rosewood Corporation's matching program for employee charitable contributions has allowed her to greatly increase her financial support to the campus. Through her direct involvement with the Dean's Business Council and Presidents Council, she learned about the decrease in the University's funding from the State of Illinois. "In the current environment of shrinking state funding," Sue says, "I believe that the University must turn to private support to ensure that it continues to offer students competitive educational experiences."

Margaret Lambert's son, Bob '74, also supports the scholarship. He too has a long history of annual giving to the Urbana campus and is a member of Presidents Council.

Because of her experiences during the Depression, Margaret Philhour Lambert instilled in her children the belief that monetary wealth can be fleeting but an education is forever. She encouraged each of her four children to set high academic and professional goals. They are pleased to honor their mother through the new scholarship fund for accountancy students.

 

   

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