Baylor University receives $1 Million Gift
UPDATED: Friday, April 13, 2012 - 8:54am
WACO, Texas (June 1, 2011) – Baylor University today announced a $1 million gift that will provide additional scholarship support for students attending Baylor’s Hankamer School of Business. Consisting of combined funds from the estate of recently deceased alumna and former faculty member Sadie Jo Black and from the family testamentary trust of her brother, W. Dial “Dub” Black, Jr. – also a Baylor graduate – the contribution is the latest in a long tradition of generous giving to Baylor by Sadie Jo and members of her family.
“It is both humbling and deeply encouraging to consider what rare and generous spirits Sadie Jo and her brother, Dub, manifested on behalf of Baylor during their lifetimes – and now through the legacies they have left behind,” Baylor University President Ken Starr said. “It is because of the foresight of individuals like them that Baylor continues to grow in excellence and grow in care for her students. Sadie Jo is remembered as one who raised the standard of scholarship support for our students, a true advocate and faithful friend.”
Before her death in December 2010, Sadie Jo’s most recent giving was in avid support of The President’s Scholarship Initiative, a three-year, $100 million campaign to provide increased scholarship support for Baylor’s students – a mission that was very dear to her. The recent provision will continue the family’s legacy in scholarships, as it will further fund the W. Dial (Dub) Black Jr. Endowed Scholarship Fund in Business – established in memory of her brother, a Hankamer School of Business graduate, and made possible, in part, through the testamentary trust he preserved to take care of his loved ones until their passing. Throughout her lifetime, Sadie Jo held her brother in highest regard. “Any and all of the business savvy I may have today came from Dub,” she is remembered to have said on more than one occasion.
“Every gift Baylor has received from Sadie had great meaning to her. And every one of her gifts was truly given from her heart, especially this scholarship to the business school because she did look up to Dub. He was a man of very high integrity. And he loved his Baylor,” said Gary Parker, co-trustee for the Sadie Jo Black Family Foundation. “Sadie often told me, ‘Every penny I get is a gift from God, and I will honor it.’ And she did. Sadie was all about making a better Baylor – not forgetting the pioneers, but always having an eye on the future.”
From Waco Police Department