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Asbury Foundation gives $1M to Millsaps

(August 5, 2002)

The Asbury Foundation of Hattiesburg, Inc. has committed $1 million to endow scholarships at Millsaps College. The scholarships, available in the fall of 2003, will benefit students residing in Forrest, Lamar, Jones, Marion, Covington, Jefferson Davis and Perry counties.

This gift is the Asbury Foundation's largest gift to a private college or university. "We are constantly striving to keep quality education within the financial reach of all students, regardless of income," said Millsaps President Frances Lucas-Tauchar. "The generosity of organizations such as the Asbury Foundation helps make our goal a reality. Their gift will make it possible for students from south Mississippi to study with other gifted students from across the nation."

The Asbury Foundation, created in 1984, is a private grant-making organization serving Hattiesburg and the surrounding region. The foundation provides financial resources and assistance in developing healthy communities and improving the physical, mental and spiritual health of south Mississippi residents.

"We have a high regard for the national rankings and academic standards of Millsaps College," said Bill Ray, President of the Asbury Foundation. "We thought that some of the students from our area that are academically skilled enough to be admitted to the school might be prevented from attending for financial reasons, and we wanted to remove that obstacle."

In the past two years under the presidency of Dr. Frances Lucas-Tauchar, Millsaps has attracted more than $3 million in endowed scholarship funds for students.

 

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