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Michigan College Receives $4 Million


From owner-umethnews@ecunet.org (United Methodist News list)
Date 02 Sep 1997 15:06:47

Reply-to: owner-umethnews@ecunet.org (United Methodist News list)
"UNITED METHODIST DAILY NEWS 97" by SUSAN PEEK on April 15, 1997 at 14:24
Eastern, about DAILY NEWS RELEASES FROM UNITED METHODIST NEWS SERVICE (296
notes).

Note 293 by UMNS on Sept. 2, 1997 at 16:20 Eastern (1432 characters).

Produced by United Methodist News Service, official news agency of
the United Methodist Church, with offices in Nashville, Tenn., New
York, and Washington.

CONTACT: Linda Green                              481(10-71B){293}
         Nashville, Tenn. (615) 742-5470             Sept. 2, 1997

Michigan college receives 
$4 million bequest

                 by United Methodist News Service

     Officials at United Methodist-related Adrian(Mich.) College
announced Sept. 2, that the school has received a $4 million
bequest, the largest scholarship gift in the history of the 138
year old liberal arts college.
     The gift is a remainder of the trust from the estate of the
late Van and Lorraine Darsey, supporters of Adrian College. The
Darseys created the college's Van M. and Lorraine M. Darsey
Achievement Fund, designed to assist students who achieve academic
and extracurricular excellence. The gift will be added to that
fund and raise the college's total endowment to more than $30
million.
     Describing Darsey as a man who enjoyed hearing about
students' accomplishments, Adrian College President Stanley Cain
said he was "struck by the generosity of two people who would
decide to give almost their entire estate to benefit future
generations of students." He said "to have the will and
imaginations to do that is quite remarkable."
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