By Britni Bateman
From educating the next generation of nurses to creating pathways for community college students to earn bachelor’s degrees, Russell Bartmes has invested in programs that expand access to higher education and strengthen Southern Illinois University’s future.
The retired investment banker’s philanthropy has helped launch Southern Illinois University Carbondale’s Bachelor of Science in Nursing program, establish the Saluki Step Ahead transfer initiative and expand scholarships that keep students on the path to graduation. Together, those investments reflect Bartmes’ belief that education changes lives, a lesson he first learned as an SIU student more than 55 years ago.
“I know what a college degree meant in my life,” Bartmes said. “I want to see people who have the ability and the inclination to have the opportunity.”
That philosophy has guided Bartmes throughout a career defined by service, first in municipal finance and later in philanthropy.
After earning an associate degree from SIU in 1970, Bartmes completed bachelor’s and master’s degrees at the University of Illinois Chicago before spending 43 years in municipal finance. He held senior leadership positions with prominent Chicago investment firms, advising public institutions on bond financing, including projects for Southern Illinois University. Colleagues knew him for his integrity, professionalism and commitment to mentoring others.
Retirement gave Bartmes an opportunity to make an even greater impact. Over the past decade, he has worked with a charitable foundation established by a former client, helping direct investments that improve education, healthcare and communities. That work allowed him to support initiatives at SIU that aligned with both regional needs and his own experience.
One of Bartmes’ most significant investments provided the philanthropic support to launch SIU’s Bachelor of Science in Nursing program, expanding opportunities for students while helping address the region’s growing need for highly trained nurses.
“The idea was to create new nurses with Bachelor of Science in Nursing and keep them in Southern Illinois,” Bartmes said. “Not necessarily in Carbondale, but everywhere where there is a hospital because they provide the stability and the care.”
The program prepares graduates to serve hospitals throughout the region while helping meet the growing demand for nurses.
Bartmes also helped launch Saluki Step Ahead, which partners with nearly 40 community colleges across Illinois, Missouri, Kentucky, Tennessee and Texas to create affordable pathways to bachelor’s degrees at SIU. Since its launch, the initiative has benefited nearly 200 transfer students while strengthening the university’s enrollment pipeline.
His support extends beyond those signature initiatives. Bartmes has also invested in bridge-the-gap scholarships and other programs that remove financial barriers for students working toward a degree.
“I don’t do the work,” he said. “I enable somebody else to do the work.”
Bartmes discovered his academic potential after arriving at SIU.
“Southern Illinois University redirected my life,” he said. “I discovered after being a very so-so high school student that I actually could do a high level of academic work. It redirected my life in a way that I just can’t begin to thank Southern Illinois University enough for.”
SIU also introduced him to his wife, Linda, who earned a bachelor’s degree in sociology in 1971. Together, they experienced campus during the social unrest of the late 1960s, forging a lifelong connection to the university that shaped both their futures.
Today, Bartmes continues to serve organizations dedicated to education, science and public service, including the Chicago Botanic Garden, Adler Planetarium, the Ralph Smith Foundation and the Interfaith Chaplaincy Service in Waukegan. He also contributes to academic scholarship through his work with publications devoted to horology.
In recognition of his leadership in finance, philanthropy and civic service, the SIU Board of Trustees approved an honorary Doctor of Humane Letters degree for Bartmes earlier this year.
“It’s easier to close the doors than it is to open them up,” he said. “Somebody opened them up for me.”
His philanthropy ensures that more students, more future nurses and more Salukis will find those doors open.
Southern Illinois University Carbondale is one of only 21 universities nationwide to hold both Carnegie Research 1 (R1) and Opportunity University designations, reflecting its excellence in research and its commitment to expanding access and student success.
Bartmes’ commitment to expanding educational access reflects the mission of the Imagine SIU 2030 fundraising campaign. With approximately two years remaining, the campaign has raised more than $485 million toward its $500 million goal, making it the fifth-largest fundraising campaign in Illinois higher education history.
In the most recent fiscal year, the SIU Foundation awarded more than $6.9 million in scholarships to more than 2,200 students, benefiting nearly 19% of the student body. Gifts like Bartmes’ continue to expand access to education while strengthening programs that prepare students to make a lasting impact across Southern Illinois and beyond.







For Diane Compardo, a Moneta partner and two-time SIU graduate who earned her master’s from the College of Business and Analytics in 1992, the partnership provides an opportunity to give back to the university that helped shape her future while creating similar opportunities for the next generation.
The gift helped revitalize the stadium club, one of Saluki Stadium’s premier gathering spaces. The renovation includes new premium chairback seating along the east side, new flooring and branded walls, an SIU Dawg Head ceiling, enhanced lighting, two permanent bars, a TV wall and new furniture. The space will serve Saluki fans on game days and provide a venue for university events, major announcements and football recruiting.
Jim Hayes played linebacker for the Salukis and earned the nickname “The Axe.” After graduating from SIU with a degree in education in 1962, he taught and coached football in Macomb before entering the automotive industry. He moved his family to Harrisburg in 1976 and founded Jim Hayes Inc., a car dealership now owned and operated by his son.

The book signing brought together family, friends, veterans, community members and supporters to honor Bushelle’s legacy while highlighting the leadership principles that continue to impact students through Southern Illinois University Carbondale’s Leadership Development Program.
Bushelle enlisted in the U.S. Navy after graduating from high school in 1994, completing basic training, Electrician’s Mate “A” School and Basic Underwater Demolition/SEAL training before serving as a platoon operator. While assigned to Naval Reserve SEAL Team Eight in Great Lakes, Illinois, he enrolled in classes at SIU, where he met DeRuntz.
