Chuck Shanklin served as chairman on the board of Crestview Aerospace Corp. in Florida before his death in 2009. He grew the company from 13 employees to more than 1,200 employees in 2005 before it was sold. For Shanklin, the Falcon roots were deep. Five of his six children attended or graduated from BGSU. He established the Charles E. Shanklin Award for Research Excellence in 1984, a competition for graduate students. He also established the Bernice R. Shanklin Music Scholarship Fund, in honor of his wife, in 2002.