FMU to receive donation of more than $1M from local citizen - WMBFNews.com, Myrtle Beach/Florence SC, Weather

FMU to receive donation of more than $1M from local citizen

FLORENCE, SC (WMBF) – Margaret McLamb Grimsby never attended Francis Marion University, but was proud to see several family members receive their degrees and the school's impact on the community.

The Margaret McLamb Grimsby Trust recently made a $1,022,039.67 gift to the university. It will go towards establishing The Margaret McLamb Grimsby and Eva Bradford Endowed Chair in Industrial Engineering, and The Margaret McLamb Grimsby and Eva Bradford Scholarship, according to a release.

Residents of the Pee Dee will be given preference in receiving the scholarship. Recipients must have a 2.5 or higher grade point average and demonstrate financial need.

Grimsby's grand-nephew, Kyle McLamb, said that she always believed in the value of higher education and wanted to give back to the community.

“She did not live extravagantly and she didn't throw her money away,” McLamb said. “This gift has been a long time in the making. She always viewed it as a great investment, and she always believed in higher education. It was important to her and she always said that education was your brass ring that no one could ever take from you.”

Grimsby watched a video of McLamb's commencement exercise from her hospital bed, just days before she past passed away in 2013.

“The newly endowed chair and the new scholarship will improve the educational opportunities for students at Francis Marion University in perpetuity,” said FMU President Dr. L. Fred Carter. “Margaret Grimsby's actions should be an example to all who believe in the power of higher education.”

Copyright 2014 WMBF News. All rights reserved.

Powered by Frankly