wfn.org | ABCUSA: Linfield College Receives $6.4 Million Bequest

["SCHRAMM, Richard" <Richard.Schramm@abc-usa.org>]

American Baptist News Service (Valley Forge, Pa. 5/20/03)--American
Baptist-related Linfield College in McMinnville, Oreg., has received a $6.4
million bequest, the largest in its history. 

The unrestricted gift is from the late Jereld R. Nicholson of Dufer, Oreg.,
who graduated from Linfield in 1939.  It will be placed in the college
quasi-endowment, with the ultimate use to be determined by the school's
Board of Trustees. 

"Mr. Nicholson's generosity will have a significant impact on Linfield
College for generations to come," said President Vivian A. Bull. "By making
his gift unrestricted Mr. Nicholson has provided the college with the
flexibility to use the money where it will best enhance our mission and the
education of our students."

Richard Ice, chair of the Board of Trustees and former vice president of
American Baptist Churches USA, noted that Nicholson, "like many others who
have attended Linfield College, was from a modest background and was the
first in his family to attend college. He supported Linfield in a meaningful
way throughout his lifetime and his generosity, through this bequest, will
benefit countless students in the future."

Nicholson's gift is the largest bequest and second largest gift ever
received by Linfield. The Hewlett-Packard Company is the single largest
contributor in the college's history with the donation of 81 acres of land
to the college, valued at $7.9 million. 

K/2003ABNS/03ABN76

American Baptist News Service: Office of Communication, American Baptist
Churches USA, P.O. Box 851, Valley Forge, PA 19482-0851; (800)ABC-3USA x2077
/ (610)768-2077; fax: (610)768-2320; www.abc-usa.org;
richard.schramm@abc-usa.org