The University of Iowa Eight Over 80 Award


Jerre Stead (65BA, 11LHD) and Mary Joy Stead

Jerre and Mary Joy Stead are dedicated to impacting others through philanthropy, volunteering, and leadership.

After Jerre’s graduation from Iowa in 1965, the high school sweethearts and Maquoketa, Iowa, natives set off for a life of achievements and adventures. While Jerre led numerous organizations as CEO and chairman, Mary Joy cared for their family and established community connections in locations ranging from Minneapolis to Brussels, Belgium.

No matter where they lived, the Steads never forgot about Iowa. Their visionary generosity and transformative gifts helped build the UI Stead Family Children’s Hospital and elevated the Stead Family Department of Pediatrics, offering pediatric patients the highest level of care, comfort, and compassion. Most recently, they made a significant gift to create the Stead Family Scholars program, which funds research grants to outstanding early career scholars in the UI Roy J. and Lucille A. Carver College of Medicine.

In addition, through their commitment to volunteerism and engagement, the Steads have chaired 16 campaigns for nonprofit organizations, including at Iowa, and are founding donors of community organizations Healthy LifeStars and Community 43. The Steads are also ardent supporters of the Lilly Family School of Philanthropy at Indiana University, Salk Institute, and the Garrett Evangelical Seminary.

Today, Jerre is chair emeritus at Clarivate and is chairman of the Banner Alzheimer’s Institute and Garret Evangelical Seminary. Mary Joy has served on the UI Center for Advancement board since 1999.

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A sampling of the Pappajohns leadership gifts at the University of Iowa include the naming of the Pappajohn Pavilion at University of Iowa Hospitals & Clinics, the John Pappajohn Business Building, the John Pappajohn Entrepreneurial Center, and the Pappajohn Biomedical Institute in the John and Mary Pappajohn Biomedical Discovery Building. The world is a better place because of John and Mary Pappajohn. His knack for business, her passion for art, and their mutual belief in giving back have brought some big ideas to life: a scientific "super quest" for a healthier society, a four-acre public sculpture garden in Des Moines, and a jump start for countless new companies. Such ideas started taking shape long before the two became a couple. For John Pappajohn, it traced as far back as his kindergarten year in Mason City, Iowa. That's when his mother?a young Greek immigrant?enrolled in school, too. She did so to learn the language of her new country, but she also taught the future venture capitalist a lifelong lesson about the value of education. "It took me six years to get through college. I didn't have much money, and I had to attend school on and off, while I worked. I had grown up in an immigrant family, and I'd never traveled, but the University of Iowa taught me so much. By the time I graduated, I had $2,000 in the bank and no debt?and I had learned more about what was going on around me." - John Pappajohn "She was my inspiration for going to college and supporting educational causes," says John Pappajohn, who took turns attending the University of Iowa with his two brothers, while they all ran the family grocery store after their father's death. Like her husband, Mary Pappajohn believes in the power of education to change lives. She earned an art degree from the University of Minnesota and used this knowledge to help build the Pappajohns' personal art collection into one of the top 200 in the world. She says that, early on, "We didn't have furniture, but we did have art on the walls." This understanding of the transcendent power of art and education is what has fueled the Pappajohns' exceptional legacy of giving. They are among the most generous benefactors in the state of Iowa?and at the University of Iowa. "That is what money is for," he says. "Those of us who are lucky enough to be successful and make money owe it to society to give something back." John Pappajohn supports many efforts on the University of Iowa campus. You can support what is meaningful to you by making a gift. Watch: John Pappajohn speaks at the University of Iowa.

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