Stewart W. Bainum Sr.

Stewart W. Bainum Sr.
Stewart W. Bainum Sr.
Born	Stewart William Bainum; June 10, 1919; Baltimore, Maryland, U.S.
Education	Mount Vernon Academy
Alma mater	Washington Adventist University (did not graduate)
Occupation	Businessman
Spouse	Jane Goyne
Children	2 sons (including Stewart W. Bainum Jr.), 2 daughters
Relatives	Duke Bainum (nephew)

Stewart William Bainum Sr. (1919–2014) was an American businessman and philanthropist. He was the founder, chairman and chief executive officer of

HCR Manor Care, a retirement facility chain. He was the founder of the Commonweal Foundation (now known as the Bainum Family Foundation

), a philanthropic organization.

Early life

Stewart W. Bainum Sr. was born on June 10, 1919, in

Cincinnati, Ohio.^[1] He had two brothers, Robert and Irvin,^[2] and a sister, June Hill.^[1]

Stewart was educated at the Mount Vernon Academy, a Seventh-day Adventist boarding school in Mount Vernon, Ohio.^[1] He dropped out due to financial distress, but graduated years later.^[1] Meanwhile, attended the Washington Adventist University.^[1]

Business career

Bainum hitch-hiked to Washington, D.C., in 1936,^[2] where he took menial jobs.^[1] With his savings, he started a plumbing business.^[1] He later became a real estate developer and real estate investor.^[1] He served as the chairman of Realty Investment Co.^[1]

Bainum was the co-founder of a hotel in Silver Spring, Maryland, in 1957.^[1]^[2] Over the years, he opened more hotels and founded Quality Inns International, later known as Choice Hotels.^[1] He served as its chairman and chief executive officer until 1987, and served on its board of directors until 2000.^[1]

Meanwhile, Bainum opened a retirement facility with his brother in 1960.

HCR Manor Care.^[1] He served as its chairman and chief executive officer until 1987 and served on its board of directors until 2000.^[1]

Philanthropy

Bainum co-founded the Commonweal Foundation, now known as the Bainum Family Foundation,

I Have A Dream Foundation, he covered the college tuition of Kramer Junior High School graduates in 1988.^[1]

Personal life

Bainum married Jane Goyne.[1]^[2] They resided in Silver Spring, followed by Chevy Chase, Maryland.^[1] They had two sons, Stewart W. Bainum Jr. and Bruce Bainum, and two daughters, Barbara and Roberta.^[1]

Death

Bainum died of pneumonia on February 12, 2014, at the Johns Hopkins Hospital in Baltimore, Maryland.^[1]

References

^ ^a ^b ^c ^d ^e ^f ^g ^h ⁱ ^j ^k ^l ^m ⁿ ^o ^p ^q ^r ^s ^t ^u ^v ^w Langer, Emily (February 19, 2014). "Stewart W. Bainum Sr., D.C. businessman, dies". The Washington Post. Retrieved November 16, 2015.
^ ^a ^b ^c ^d ^e Wright, Jared (February 14, 2014). "Stewart Bainum Sr., Adventist Businessman and Philanthropist Dies". Spectrum. Retrieved November 16, 2015.
^ "Commonweal Foundation Honors Its Past, Redefines Future by Launching New Name". 13 September 2015.
^ Kapp, Diana (August 29, 2014). "Picking Up an Elusive College Dream". The New York Times. Retrieved November 16, 2015.

[washingtonpostobituary-1] ^ ^a ^b ^c ^d ^e ^f ^g ^h ⁱ ^j ^k ^l ^m ⁿ ^o ^p ^q ^r ^s ^t ^u ^v ^w Langer, Emily (February 19, 2014). "Stewart W. Bainum Sr., D.C. businessman, dies". The Washington Post. Retrieved November 16, 2015.

[spectrumobituary-2] Wright, Jared (February 14, 2014). "Stewart Bainum Sr., Adventist Businessman and Philanthropist Dies". Spectrum. Retrieved November 16, 2015.

[3] "Commonweal Foundation Honors Its Past, Redefines Future by Launching New Name". 13 September 2015.

[nytimespickingup-4] Kapp, Diana (August 29, 2014). "Picking Up an Elusive College Dream". The New York Times. Retrieved November 16, 2015.

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