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Warren Wilson College first came to the attention of the Carnahan-Jackson Foundation through the Robert Boell family of Jamestown, NY. Mrs. Boell was a childhood friend of Arthur Bannerman, president of Warren Wilson College from 1942 (when it was known as Warren H. Wilson Junior College and Associated Schools) until 1971. Mrs. Boell was also a close friend of Mrs. Clyde Carnahan. Because of this friendship, the Carnahan family supported Warren Wilson College annually until Mrs. Carnahan died in 1973. In 1974 the Carnahan-Jackson Scholarship endowment was established to aid students at the College with demonstrated financial need.