Computer pioneer's estate funds Highland scholarships

2013-08-15T00:00:00Z Computer pioneer's estate funds Highland scholarshipsTimes Staff
August 15, 2013 12:00 am  • 

HIGHLAND | Six Highland High School students received $500 scholarships each thanks to a $100,000 scholarship fund established by the estate of Nick, Nancy and Mary Yakovatz with Highland Dollars for Scholars.

Sarah Rebey, Brianna  Henning, Amy Janda, Amanda Ford, Brendan Jameyfield and Alexander Freitag were presented with Nick, Nancy & Mary Yakovatz Scholarships.

The Yakovatz siblings were born and raised in the Indiana Harbor section of East Chicago, the children of Serbian immigrants who arrived in the U.S. in the early 20th century. 

Mary spent her life working at Inland Steel, now Arcelor Mittal, in East Chicago, while Nancy and Nick worked at the Standard Oil Refinery, now BP, in Whiting. 

In the early 1950’s, Nick Yakovatz was selected to learn how to operate the new behemoth IBM computers that the refinery had installed, enabling him to witness the dawn of the Computer Age.  Although he was the one successful at investing his earnings, he was insistent that the post mortem gifts from his trust also be credited to his beloved sisters. 

His beneficiaries are charitable organizations that help the handicapped, the terminally ill, abuse victims and gifted children in need of scholarship help. 

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