In 1918 the founder of Aermotor Windmill Company, La Verne Noyes, donated nearly $2.5 million USD to establish scholarships for veterans of World War I. The largest benefactors were University of Chicago and Iowa State University in Ames, Iowa, La Verne's alma mater. These scholarships are still available today. In addition, in 1913 Mr. Noyes gave a gift to the University of Chicago for a women's building which is the current Ida Noyes Hall, named for his wife.
