Relaymedia

Linfield College Receives $6.4 Million Bequest

May 21, 2003 05:50 PM EDT

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.

By Albert H. Lee
[email protected]