The Urban and Margaret Hipp Family Endowment Fund provides scholarships to local students.
This fund was created in 1964 as an advisory fund and became an endowment fund in 2009.
Urban Hipp (1913-2011) was born in Aurora, Illinois. He was a graduate of East Aurora High School and the University of Illinois (Class of 1936).
In 1939, he began his career at the Barber Greene Company where he served as vice president of finance and a director prior to his retirement in 1978.
Mr. Hipp also was a director of the Old Second National Bank, Mercy Center Hospital and the Illinois State Chamber of Commerce.
Margaret Barber Hipp (1915-1999) was born in Aurora, Illinois.
She was the daughter of Harry H. Barber (co-founder of the Barber Greene Company) and Blanche Capron Barber.
Mrs. Hipp graduated from the University of Illinois in 1937 where she was a member of the Pi Beta Phi Sorority.
She was active in many community activities including the Child Welfare Society and the Tuesday Garden Club.