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Thomas A. Costello Memorial Alumni Award

Thomas a Costello Legacy Foundation

Foundation Annual Grants for Education

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:

  1. Complete the nomination form at: https://lnkd.in/gr9b9PZa
  2. Provide information about the nominee demonstrating how they meet eligibility criteria
  3. 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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IRS Form 990, 2022. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Education

Categories

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