Barmeier Scholarship, 'testament' to education's power, established at Kellogg School
Harry G. Barmeier and Carlyn Schmidt Barmeier were college sweethearts and business majors at Northwestern University in the 1940's (both graduated in 1948). After her husband's death in 1998, Mrs. Barmeier made a life annuity gift to Northwestern University that would provide her with income during her lifetime and fund scholarships to Kellogg students following her death.
According to their daughter, Amy Barmeier Dru, her mother established the Harry G. Barmeier Scholarship at the Kellogg School of Management through her estate to honor her husband and as a testament to their shared belief that education is the solution to the world's problems.
From 1952 to 1972 Harry Barmeier built a chain of 65 Red Barn and Howard Johnson restaurants in Ohio, Pennsylvania and New York. After he sold his business in 1972, he became an independent investor. He attributed his market success to his study of the fundamentals and a willingness to be a "tortoise," not a "hare."
The inaugural Harry G. Barmeier Scholarship was awarded in the 2004–2005 academic year.
