Friday, January 26, 2007

McMurry Announce $9.3 Million
Dollar Gift--Largest in Our History

McMurry has received the largest gift in school history from the estate of Betty Jo Mowry of Lubbock, Texas, estimated to be worth in excess of $9.3 million, University officials announced at the January Board of Trustees meeting Friday, Jan. 26.

“This is a transformational gift that will be used to support our vision for the future of McMurry University,” said President Dr. John H. Russell. “We are truly grateful for the support of Betty Jo Mowry and the many others who believe in McMurry University and its mission to provide a quality, Christian-based education to young men and women.”

Mrs. Mowry attended McMurry in the 1930s and was a lifelong supporter of Methodist causes. The Board of Trustees will study the best use for the unrestricted gift over the next few months.

McMurry also announced it has achieved its $2.35 million goal for renovating the Bynum Band Hall through the generous gifts of individuals and foundations. The Band Hall was originally built in 1959.

Construction on the building is scheduled to start in late Spring 2007. Renovation is scheduled to be completed in time for Fall 2008 classes for the Band Hall, named for legendary Texas band director “Prof” Raymond Bynum, who directed the McMurry University Band for more than 25 years.