UPDATE: Half of $1.5 mill for UCA | Arkansas Blog

UPDATE: Half of $1.5 mill for UCA

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A retired schoolteacher who graduated from UCA in 1940 with a degree in education has left the school $1.5 million. Wylena Virginia “Billye” Abee Hayward, raised in Swifton, was a resident of Colorado at the time of her death. News release from the university on the jump.

 UPDATE: This just in from UCA's press office:

The headline attached to the press release you received today regarding the bequest left to the University of Central Arkansas is inaccurate.
As noted in the lead of the story, Ms. Hayward left half of the value of her trust, which was valued at $1.5 million as a bequest to the University of Central Arkansas.
Please consider the following headline statement as a replacement:
UCA Alumna's Trust to Aid University

So I guess that means the bequest was for $750,000. Unless we hear otherwise.

 

April 14, 2010

FOR IMMEDIATE RELEASE

UCA receives $1.5 million bequest

A Springfield, Colo. woman has left half of the value of her trust
valued at $1.5 million as a bequest to the University of Central
Arkansas.
The bequest came from the late Wylena Virginia “Billye” Abee
Haywayd, a 1940 graduate of UCA. She was raised by her mother and
grandparents in northeast Arkansas in the community of Swifton. While at
UCA she was very active serving as President of Zeta Sigma and the
Nature Study Club and member of the Art Club, Childhood Education Club
and  Y.W.C.A. She also was a Founder's Day Maid, cheered on the Pep
Squad and served on the Pan-Hellenic Council.
After attending UCA and earning a bachelor’s of science in education
degree in 1940, she enrolled in graduate school at the University of
Wyoming in Laramie. She earned a master’s degree in elementary
education there in 1961 and went on to teach school for 20 years in both
Rawlins and Eugene, Ore.
Hayward’s gift to UCA was unrestricted. The majority will be used to
support areas of greatest need at the university and portion of the gift
will be designated for academic scholarships in the 2010-11 academic
year.
"What a special gift to the university. This once again, shows the
wonderful memories that graduates have about their college days at the
University of Central Arkansas,” said President Allen C. Meadors.
“This significant gift will be used to enhance the university and
the students who attend it."
Estate gifts are one mechanism to make a major gift while still
providing security during retirement. Over the last four years, UCA has
received over $7.5 million in estate gifts and funded student
scholarships, visiting lectureship, international programs and capital
projects.
“While Mrs. Hayward had not lived in Arkansas for many years, her
gift is a testament to what UCA meant to her and the impact education
had on her life,” said Shelley Mehl, interim vice president of
Advancement.
For more information on making a planned gift to UCA, contact the UCA
Foundation at (501) 450-5288 or toll free 1-800-981-4426.

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