Max Beberman Award
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Philip M. Faucett Class of 1935
Faucett
taught economics at Northwestern University and was an economist for the Federal
Reserve Bank at Chicago and was senior economist for Wolfe Engineering Co. in
Chicago. He went on to serve in the U.S. State Department as a financial
economist and was deputy mission director in Bolivia, assistant director of
industry in Vietnam and deputy director of missions in Ecuador. In addition, he
was the director of Argentine and Paraguay affairs at Washington, D.C.
After
leaving the State Department, Faucett embraced
a whole second career in the arts. He and his wife Betty, the former Elizabeth
P. Lohmann, also a Uni graduate and a member UniÕs first subfreshman class
which graduated in 1937, were instrumental in helping to found the Young Concert
Artists management association, an organization devoted to promoting and
scheduling emerging talent. When the Faucetts returned to Champaign-Urbana, he
assisted the National Academy of Arts as executive vice president from 1973 to
1975 and later served as treasurer. He was the founding president and director
of the Conservatory of Central Illinois and also was involved with the Sinfonia
da Camera. And, he served as president of the World Heritage Museum at the
University of Illinois.
Faucett
was founder and president of Faucett Travel, Inc., which was based in Champaign,
from 1979 to 1984, when the company merged with Franklin Travel. In 1980, he
founded and served as president of Faucett Communications, Inc., which published
C-U Magazine from 1980 to 1984 and again from 1991 to 1992.