This fund was established in 1987 by the employees of the Oxford Development Company to commemorate the 50th birthday of Edward J. Lewis, W'59, L'62. Mr. Lewis was Chairman and Chief Executive Officer of the Oxford Development Company, which specializes in commercial and residential real estate development.

He served as a Trustee for the University of Pennsylvania and Carnegie Mellon University, and served on the Board of Overseers for the University of Pennsylvania Law School. He also served on the Board of Directors for the University of Pittsburgh Cancer Institute, the United Jewish Federation Investment Committee, the Pittsburgh Downtown Partnership, the Jewish Healthcare Foundation of Pittsburgh, and the University of Pittsburgh Medical Center. In addition, Mr. Lewis served on the Board of Directors for the Economic Development Partnership, the Pittsburgh Opera, The Pittsburgh Center for the Arts, Montefiore Hospital, Pittsburgh Public Parking Authority, QED Communications, the Pittsburgh History and Landmarks Foundation, as well as many other prominent local and national organizations.