Thomas A. Costello Memorial Alumni Award
Funding Amount
Award amount not specified
Deadline
Deadline not published
Grant Type
Foundation
Deadline history & next window
- Cycle
- Annual
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Overview
Funder: Thomas A. Costello Legacy Foundation (in partnership with Wisconsin School of Business)
Geographic Scope: University of Wisconsin-Madison, Wisconsin School of Business
Purpose: Honors Thomas A. Costello's legacy while inspiring young Badgers to embrace the "pay-it-forward" culture which defined him. Celebrates alumni who exemplify Tom's values of generosity, leadership, and commitment to uplifting others.
Eligibility: Recent Badger graduate (BBA from Wisconsin School of Business) working in finance who demonstrates:
- Strong work ethic
- Seized opportunities for growth on campus
- Curiosity and hunger to learn
- Selfless mentoring of students
- Creating opportunities for other Badgers
- Professional success in finance careers
- Dedication to mentorship and continued involvement with Wisconsin School of Business
Background: Established by the Wisconsin School of Business to honor Thomas A. Costello (BBA '19, Finance, Economics, and Risk Management & Insurance triple major). Tom was highly engaged in student organizations including Wisconsin Investment Banking Club and founded Insights Wisconsin and The Federal Reserve Challenge. He worked as a summer analyst and full-time analyst with Rothschild & Co. in New York. Known for mentoring hundreds of students and helping them achieve career success. Tragically passed away on June 11, 2021, at age 24.
First Recipient: Patrick Sweeney (April 2025) - Fellow Badger in Finance and early college friend of Tom
Related: Badgers in Finance community award
How to Apply
Application Process
Nomination Required: The award is given through a nomination process rather than direct application.
How to Nominate:
- Complete the nomination form at: https://lnkd.in/gr9b9PZa
- Provide information about the nominee demonstrating how they meet eligibility criteria
- Highlight their professional accomplishments, mentorship activities, and commitment to "pay-it-forward" culture
Nomination Criteria to Address:
- Recent Badger graduate working in finance
- Seized opportunities for growth on campus
- Strong work ethic
- Curiosity and hunger to learn
- Selfless mentoring of students
- Creating opportunities for other Badgers
What Thomas a Costello Legacy Foundation actually gave
Source: IRS Form 990, 2022 — the most recent filing with itemized grants
- Grants in 2022
- 2
- Total given
- $30K
- Median grant
- $15K
- By dollars: Minnesota 100%. Top recipient cities: Minneapolis, MN; Saint Paul, MN.
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Focus Areas & Funding Uses
Fields of Work
- Education
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