Honoring a Life

Ruth Elder“Arthur was brilliant, an avid reader, music lover, and sportsman who could talk to anyone, anywhere and could remember all kinds of obscure things,” recalls Ruth Elder, describing her late husband, a quality assurance analyst for the U.S. Department of Housing. “But he wasn’t a great student in high school—he was an average student—and while his parents were middle-income, he had to work to go to college.”

Those memories, and the fact that Arthur “was always helping someone else,” prompted Ruth to explore the possibility of establishing a scholarship in his memory. “I chose to work with BCF because they were doing great things in Baltimore,” she says. “Even though the loss was still fresh in my mind, they were very compassionate and helpful.”

Together, Ruth and BCF created the endowed Arthur W. Elder II Scholarship Fund, which made its first award in 2011 to Tylee Price, a student from Heritage High School. The scholarship gives priority to students from Heritage, which replaced Arthur’s alma mater, Lake Clifton High.

“Some high school students just don’t get it—but they’re right on the cusp,” Ruth says. “This could be the spark they need. You never know when that average student will get into college and just blossom.”

People open charitable funds at BCF funds for many different purposes. For the Elder family, the scholarship fund carries forward Arthur’s generous spirit. As Ruth says, “We’re just ordinary people who have been blessed with enough to help someone else.”

Ruth Elder uses her BCF fund to honor her husband and help students realize their dreams of higher education. Explore all the options and benefits of opening a fund at BCF.

Youngsters in Patterson Park get a workout in the neighborhood’s youth soccer league.
One Step Up scholars Sherrone Ricks and Jeane’ Baker celebrate with donors Jonnie-Kay McLean and Norman Morrison.
A Baltimore City student soaks up the sun at North Bay Adventure Camp.
Enjoying the lake at Druid Hill Park. Photo by Middleton Evans.
Dreams do come true: Our Playground at Stadium Place, rebuilt by determined volunteers and generous donors after the original was destroyed by arson. The work was supported by a fund at BCF. 

BCF’s efforts through the Diversity Path will work to rebuild Baltimore’s black middle class.

Baltimore’s vibrant arts and cultural scene boasts innovative projects like the Contemporary Museum’s Mobtown Modern Music Series, which combines classical instruments, jarring visual components and DJ-style electronics into informal performances of works by modern composers. Photo by Robert McIver Photography.
Cyclists atop Federal Hill take in views of the city skyline and bustling Inner Harbor. Photo by Middleton Evans.
Collecting butterflies in the field for a nature study.
In the spring of 2009, an army of dedicated volunteers worked to rebuild Our Playground at Stadium Place, which had been destroyed by arson in September 2008. Photo by Kristine Buls.
Enjoying one of the simple pleasures of summer at a neighborhood camp.
BCF’s Human Services Path emphasizes health, aging, and family economic security.
Neighbors team up to beautify and reclaim a vacant lot.
Most Middle Grades Partnership scholars qualify for the city’s competitive high schools.
Rapid and reliable public transportation for our region is a central goal of the Central Maryland Transportation Alliance, a fund of BCF. Photo by P.A. Greene.
Children beat the heat in the waters of the Walter Sondheim Fountain at the Inner Harbor. Contributions to construct the memorial were collected through a special project fund at BCF. Photo by Will Kirk, courtesy of Homewood Photography.
Students at Great Kids Farm learn about local food production, from “seed to fork.”
Baltimore’s successful One Plus One recycling program has engaged residents in making the city cleaner and greener.
Baltimore City students and farm manager Greg Strella (far right) with the summer harvest at Great Kids Farm.
Students at Baltimore’s Friendship Academy of Engineering and Technology, one of many public charter schools helping to transform public education in our city. Photo by Stephen Jones, courtesy of Baltimore City Public Schools.
BCF’s Promoting Baltimore Path works to ensure that Baltimore continues to retain and attract citizens and businesses.
Experience-Corps Baltimore places older adult volunteers in struggling city elementary schools to serve as classroom aides, mentors, and tutors. Photograph by Michael Ciesielski, courtesy of Greater Homewood Community Corporation, Inc.


Tedd is portfolio manager, managing member and founder of Credo Capital Management. 

Prior to founding Credo, he was vice president and portfolio manager/analyst at Brown Capital Management where he co-managed over $2.5 billion in institutional assets as a member of the large/mid cap investment team. 

As a sell-side analyst at Alex, Brown & Sons, and Legg Mason, Tedd conducted research on large, mid and small cap companies. Prior to that, he was an investment banking associate at E.F. Hutton.

He holds a BA in computer science from Morehouse College and an MBA from the Wharton School at the University of Pennsylvania.


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