Farmers Trust Company and the YSU Foundation are announcing the establishment of the William E. Maine Jr. Scholarship Fund.
      The William E. Maine, Jr. Trust was established at Farmers Trust Company in 2017 upon the passing of Mr. Maine, formerly of Prestwick Dr., Boardman.
      The YSU Foundation and Farmers Trust Company have partnered to ensure that Mr. Maine’s intentions of easing the financial barriers to higher education for deserving students from the Mahoning Valley were fulfilled. The total assets in the trust as of January, 2026 were approximately $1.5 million.
      The trustees of The William E. Maine Jr. Trust are Donald Bolland, a lifelong friend of Maine; Atty. Lawrence Richards, Maine’s lawyer; and Farmers Trust Company.
      “This partnership with the YSU Foundation will ensure a streamlined process for prospective scholarship recipients along with efficient administration and timely distribution of scholarship funds,” said Mark Wenick, Chief Wealth Management Officer at Farmers National Bank.
      Maine was born in 1935 in Youngstown. Oh. He was a Kiski Academy and Culver Military Academy graduate and was an engineer with the Pittsburgh and Lake Erie Railroad before started his own auto body business, becoming known as the ‘Dent Man.’ He was an avid water and snow skier and won many trophies and medals while water skiing at Cypress Gardens, Fla.
      He was a mason and a member of the Youngstown Ski Club.
      By partnering the Maine Trust with the YSU Foundation, the fund will have the opportunity to continue to grow through the years and be able to award more scholarships at greater values. The YSU Foundation manages funds for other organizations, such as the Hubbard Alumni Foundation, and administers scholarship programs outside of Youngstown State University, as well as scholarships that benefit YSU students.
      The scholarship will be awarded to students in the Mahoning Valley with a preference to those whose parents were masons and/or students who exhibited a proficiency in the art of waterskiing, as Maine was a professional water skier in his youth.
      “When we discussed his estate planning, William made it clear he wanted his assets to be used to provide scholarships to students of the Mahoning Valley,” said Richards.