Wichita woman leaves $6 million gift to university

Wichita State Campus (KSN File Photo)
Wichita State Campus (KSN File Photo)

WICHITA, Kansas (AP) – Officials at Wichita State University say a philanthropist who died last year left a $6 million estate gift to the school’s foundation.

The university announced the donation from Velma Wallace on Tuesday. She had been a longtime supporter of Wichita State along with her husband, aviation pioneer and Cessna Aircraft executive Dwane Wallace, who died in 1989.

More than half of the money will be added to the Dwane L. and Velma L. Wallace Endowment Fund, which benefits engineering students and the College of Engineering. About 39 students received engineering scholarships from the fund the last academic year.

Other portions of the estate gift will go to the College of Education, Wichita State athletics and the School of Music.

Velma Wallace died last July at the age of 95.

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