Wednesday, July 24, 2024

Phillips Family Establishes Aviation Memorial Scholarship to Honor Legacy of Fred L. Phillips

by BIZ Magazine

Shreveport-Bossier City mourned the loss of Fred L. Phillips in 2021, a revered figure known for his contributions to the oil and gas industry, his philanthropy, and his passion for aviation. In his memory, the Phillips Family has taken a significant step to continue his legacy by establishing the Fred L. Phillips Aviation Memorial Endowed Scholarship through the Louisiana Tech University Foundation.

Fred L. Phillips, who served as President and CEO of Phillips Energy, Inc., was not only a leader in the business world but also a passionate aviator with a deep commitment to giving back to his community. His family’s decision to create this scholarship reflects their dedication to preserving his spirit of generosity and his impact on the aviation industry.

The inaugural recipient of the Fred L. Phillips Aviation Memorial Endowed Scholarship will be announced at the Aviation Festival (AVFEST) Awards Banquet on April 27, 2024, at Louisiana Tech University’s Ruston campus. This annual festival, hosted by the University’s Department of Professional Aviation, serves as a platform for students, families, faculty, and alumni to come together to celebrate the aviation program’s achievements and foster connections within the industry.

Although neither Fred Phillips nor his family are graduates of Louisiana Tech, they chose to establish the scholarship at a university that shares his passion for aviation. Through this endowment, they aim to support aspiring pilots in pursuing their dreams while perpetuating Fred Phillips’ love for aviation and inspiring future generations to reach new heights.

Dr. Sue Phillips Grisham, Fred Phillips’ daughter, shared fond memories of her father’s adventurous spirit, unwavering dedication, and profound impact on others. She emphasized his passion for aviation, which led him to accomplish remarkable feats both in the air and on the ground.

Fred L. Phillips’ legacy as an accomplished pilot, race-car driver, and philanthropist will endure through the scholarship that bears his name. His family hopes that this endowment will instill the same values of resilience, passion, and generosity in young pilots, nurturing his legacy for years to come.

For those interested in supporting Louisiana Tech and contributing to initiatives like the Fred L. Phillips Aviation Memorial Endowed Scholarship, University Advancement can be reached at 318.255.7950 or via email at [email protected].

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