Release date: December 20|
Donors' generous gifts to provide for student scholarships
Two generous donations received recently will provide scholarships for current and future students at Wayland Baptist University, thanks to longtime supporters.
A $341,000 check from the estate of Dr. Dorothy McCoy was presented to the university by Christa Smith, executor. The money will be placed in an endowment and the interest used to provide scholarships for students studying mathematics.
McCoy, who died in Nov. 21, 2001, was professor of mathematics from 1949-75 and chaired the Division of Mathematics and Sciences for much of her time at Wayland. Even after her retirement, she was active in mission work and support of Wayland. She was honored with the title of Distinguished Professor Emeritus and received the Distinguished Service to Students award from Wayland's alumni association, the Distinguished Lifetime Service Award and the Roy McClung Service Award. Wayland named an honors dormitory in her honor in September 2001.
"Dr. McCoy devoted her life to Wayland, and her legacy will live for many years to come because of her foresight and generosity," said Martha Cross, director of development at Wayland. "In many ways, she denied herself the finer things in life to afford literally hundreds of students the opportunity of excellent education at Wayland. We are grateful for her love and loyalty to students and education."
"This is by far the largest amount we will have had in scholarships (for math), and that should make a great difference in the math department and their ability to recruit and retain good students," said Dr. J. Hoyt Bowers, chairman of the Division of Mathematics and Sciences.
A $10,000 check was also received from J.A. "Doc" and Mel Potts, who have also included Wayland in their estate plans. This extra gift will be used for student scholarships within the near future at the discretion of university president Dr. Paul Armes.
Longtime Plainview residents, Potts worked in the banking industry locally. The couple has been supportive of Plainview and Wayland for many years.
"It is wonderful to see the support the Pottses have shown for current students by making a gift now so they can meet students who have been able to benefit from their generosity," Cross said.