Eastern Michigan University
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Vesco Oil creates scholarship for business students

Published March 24, 2015

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Donald and Marjory Epstein

Vesco Oil Pres. & CEO, Donald Epstein with
his wife & Vesco Chairman, Margi Epstein

Vesco Oil Corporation is not only dedicated to helping vehicles and equipment run smoothly, but helping people move forward on the road to success. Toward that end, the distributor of automotive and industrial lubricants recently established the Vesco Oil Corporation Scholarship in Business at Eastern Michigan University's College of Business.

"Part of our mission is to be a good corporate citizen, including assisting individuals in their personal growth and development. This scholarship contributes to that goal by making college more affordable for business students," says Vesco Chairman of the Board Marjory (Margi) Epstein, who helped set up the scholarship.

The annual scholarship will be awarded to one or more undergraduate- or graduate-level students who have been accepted to Eastern's College of Business and who attended Pasteur Elementary School, Detroit. If one student is selected, $5,000 will be distributed. If multiple students are selected, the amount will be divided proportionally. The scholarship will debut this Fall 2015.

The Pasteur eligibility requirement is designed to support the pre-kindergarten through 6th grade public school in Detroit, says Epstein, a Pasteur alumna. According to Marcy Feldman, Pasteur Elementary School Alumni Foundation president, Pasteur has a very loyal and committed following of alumni who are dedicated to providing opportunities for students to grow and develop.

"We are thankful for Vesco's support of our programs and are very fortunate to be connected to Eastern and all the benefits it offers to students," Feldman says. Pasteur, which has garnered accolades from several groups, also has the first and largest alumni association for an elementary school in Detroit, she adds.

Vesco, one of the largest distributors of its kind in the United States, has warehouses and distribution facilities in Detroit, Grand Rapids, Mancelona and Zilwaukee, MI, as well as additional locations throughout the heartland. "This scholarship married the idea of Vesco supporting the business community and contributing to the Pasteur community in Detroit. It’s a win-win," says Epstein.

Epstein, who received her juris doctor degree from Wayne State University Law School, became familiar with Eastern when she collaborated with Michael Tidwell, Dean of the College of Business, to develop a mentoring program. The program is designed to infuse students’ academics with real world experiences and to promote relationships between students and successful business people.

"I was very impressed with Dean Tidwell's passion for enriching the experiences of a diverse group of business students, and with Eastern's commitment to providing the best business education possible," Epstein says, adding that the roster of mentors is continuing to grow.

And now, thanks to Vesco's Scholarship, prospective students have one more reason to enroll in Eastern's College of Business. "The Vesco Oil Scholarship will make an important difference in the lives of Eastern business students with substantial financial need," said Cheryl Kernander, director of development, College of Business. "The support of people like Mrs. Epstein and corporations like Vesco set the tone for the importance the College places on connecting today’s business students with experiences in industry."

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