A 1956 Catholic High grad spurred a gift to the Little Rock high school for boys announced today.
The Donald W. Reynolds Foundation announced a $1.5 million scholarship endowment for the school in honor of a retiring Reynolds Foundation Board member, Little Rock accountant John Schlereth, that '56 Catholic grad. It will pay tuition, based on need, to help students attend Catholic High.
LITTLE ROCK, AR (February 27, 2009): The Catholic High School Foundation received a grant of $1.5 million from the Donald W. Reynolds Foundation for an endowed scholarship fund in honor of John V. Schlereth, a 1956 graduate of the school, honoring his retirement from the Reynolds Foundation Board of Trustees. Schlereth served on the Donald W. Reynolds Foundation Board for fifteen years.
The John V. Schlereth Endowed Scholarship will provide need-based tuition assistance to boys.
“What a blessing this will be to the school and the boys who will be helped by this fund,” said Monsignor Lawrence Frederick, Rector of Catholic High School. “The school is grateful to have a part in this honor for John and his work.”
“John has been a tremendous asset to the board of the Donald W. Reynolds Foundation,” said Foundation Chairman Fred W. Smith, “he has not missed a board meeting in his fifteen years of service and always provides thoughtful input on every issue at hand. My fellow trustees and I will miss his participation.”
Schlereth remains in constant contact with the school including his previous service on the board of the Catholic High Foundation. It was serving on the Foundation board that really struck a chord with Schlereth as the board's mission mirrored his own. Schlereth attributes much of his success to the school.
"Catholic High School made me realize that all of us are accountable for our own actions and we are judged in the long run on how we end up and not how we began," he said.
"I believe that a private school education should be made available to any family that wants that option,” he said. “I also believe that private schools should not be restricted to the affluent. This goal can only be achieved if the school has resources available other than tuition for their support.”
The John V. Schlereth Endowed Scholarship will ensure that boys will not miss the opportunity to share the Catholic High experience that he received while he was in school. The school offers boys the kind of spiritual atmosphere that they need to stay well-grounded in today's world. At Catholic High School, boys learn about Christ, his Church, and what a real man is: a man of integrity and faith who is a good father, a good husband, and a good steward of the gifts God has given him.
About John V. Schlereth
John graduated from the University of Little Rock in 1960, with a bachelors of science in accounting. He worked as an accountant with E.L. Gaunt and Company after graduation and then moved to Baird, Inc. Since 1995, he has served as President of Baird, Inc. He has served on numerous boards including Mount St. Mary Academy Advisory Board, UALR College of Business Advisory Board, UAMS Foundation Board, and Little Rock Planning Commission. In 2003, he received the Distinguished Alumnus Award from the UALR College of Business. Schlereth is married to Susie and they have two children, Michelle Burns and John Schlereth, Jr, and two grandchildren, Megan Matrani and Mallory Burns.