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| Endowments |
|  MUS has been the beneficiary of many generous gifts over the years to establish permanent endowments in the life of the school. If you would like to establish such a fund or add to an existing endowment, please contact the Development Office or call 901-260-1350.Scholarships | Teaching Chairs | Special Funds Endowed ScholarshipsRichard L. Essex, Sr. Scholarship This endowed scholarship fund was established in 2000 in honor of Richard L. Essex, Sr. '67 on his fiftieth birthday as a surprise from his children, Rick Essex '92 and Ashley Essex Thayer and her husband Jack. The fund will provide tuition assistance to a motivated young man who seeks character development and academic excellence, but who otherwise might not be able to afford an MUS education. Humphrey Estes Folk Scholarship Humphrey Estes Folk, Jr. and his son, Humphrey Estes "Tripp" Folk III, established this fund in 1999 during the Doors to New Opportunities Campaign. The endowed scholarship will provide funds for motivated young men who seek character development and academic excellence but otherwise could not afford an MUS education. Edward E. Ford Foundation Scholarship Established as a permanent endowment fund by a grant in 1980 from the Edward E. Ford Foundation of Washington, DC, the earnings provide general scholarship assistance to students who have demonstrated financial need. Joseph R. Hyde, Jr. Honor Scholarship Joseph R. Hyde, Jr., a trustee for more than twenty years, established this scholarship fund to identify, attract, and reward students who have distinguished themselves in academics and who have developed strong qualities of character. John E. Marcom, Sr. Scholarship This endowed scholarship fund was established in 2005 by John E. Marcom, Jr. '75 to honor his father, John E. Marcom, Sr., on his seventy-fifth birthday. The fund is a tribute to Marcom's life-long love of learning and commitment to education and will provide tuition assistance to deserving young scholars who otherwise might not be able to afford an MUS education. Carter Lee Murray Scholarship Family and friends established this scholarship in 2005 in memory of Lee Murray '94. Stacy and Stan Mullikin '94 provided the initial funding and leadership to endow the fund, which honors his classmate and is a tribute to Lee's enthusiastic involvement in student life at MUS. The scholarship provides financial assistance to qualified students. MUS - J. R. Hyde, Jr. Scholarship A bequest of $2,000,000 from Hyde's estate established this scholarship fund. Income from the endowment provides scholarships for needy, exceptional, and otherwise qualified students attending MUS. MUS General Scholarship Fund A part of the permanent endowment fund, earnings provide general scholarship assistance to students who can demonstrate financial need and meet entrance requirements. Ruth E. and Albert H. Olingy Scholarship Fund Jeffrey F. Olingy '67 created this fund in honor of his parents, Ruth E. and Albert H. Olingy. The endowment provides income for scholarships enabling deserving students to attend MUS. Newton C. Perkins Scholarship This scholarship was established in memory of Newton Cannon Perkins '19 by his family, Margaret and John Salmon and Madeleine P. Jehl. The scholarship is to be awarded on the basis of financial need to that boy who has above-average intellectual ability and a strong desire to attend Memphis University School. The scholarship is to be renewed each year provided the student has a satisfactory academic record and excellent citizenship. Reader's Digest Scholarship This scholarship program was established by a grant from the Wallace Funds, a legacy of the late DeWitt and Lila Acheson Wallace, co-founders of Reader's Digest. The income from the permanently endowed scholarship fund provides partial scholarship assistance for talented students from middle-income families who have the ability and intention to pay a portion of their child's tuition. The maximum award does not exceed one-half of the full tuition charge. Stephen H. Rhea, Jr. Scholarship This scholarship was established in 1989 by Linda and Herbert Rhea in honor of their son, Stephen H. Rhea, Jr. '68. Income from the endowed fund is used for general scholarship assistance. Endowed Teaching Chairs A. Robert Boelte, Jr. Chair of Excellence in Teaching Sally and Wil Hergenrader Chair of Excellence in Science Recognizing that the best leadership and teaching are required in the rapidly changing field of science, Sally and Wil Hergenrader endowed this chair in 2007 to support and enhance the MUS faculty in the Science Department. The Hergenraders are the parents of Terry ’75 and Steve ’77 and the grandparents of Wil ’12. Dr. Michael D. Schwartz holds the Sally and Wil Hergenrader Chair of Excellence in Science. W. Preston Battle Library Collection This fund is named in memory of the Honorable W. Preston Battle and in honor of Walter Preston Battle IV '07 and John Neely Battle '09. The endowment was established in 2000 by Neely S. and W. Preston Battle III '71 to provide income to the Joseph R. Hyde, Jr. Library Learning Center for the acquisition of books by and about American writers. Distinguished Teaching Award This permanent endowment fund was established in 1990 through a generous bequest by John Murry Springfield. Springfield joined the Memphis University School faculty in 1958 and served as an instructor in English and mathematics until 1971. From 1971 until his death in August 1989, Springfield served as principal of the Hull Lower School. The monetary award is given annually to an MUS faculty member who demonstrates excellence in both the classroom and extracurricular activities. Faculty Endowment Fund A part of the permanent endowment, earnings from this fund provide financial assistance that adds a measure of quality as reflected in enhanced faculty salaries. Edward E. Ford Foundation Sports Facility Fund This fund was endowed in 1989 by the Edward E. Ford Foundation to provide for the operation and maintenance of the Sue H. Hyde Sports and Physical Education Center. Edward E. Ford Foundation Teachers Fund Endowed by the Edward E. Ford Foundation in 1984, this fund was established to enhance faculty salaries so that MUS can attract and retain excellent classroom teachers. Jean Barbee Hale Award for Outstanding Service The Jean Barbee Hale Award for Outstanding Service was established in 1998 by family and friends to honor Jean Hale for her 24 years of service and dedication to Memphis University School. The income from the endowment provides a monetary award that is given each year to a member of the MUS family who has exhibited outstanding loyalty, responsibility, dedication, and commitment to excellence in service to the school. Hale Fellowship for Faculty Development The income from this fund provides the financial support for a faculty member to pursue professional research, study, and travel during the summer months. Ben Hale created the first such fund at MUS in 2002 to honor his sons Scott '78, Dennis '80, and Steve '84. Faculty members submit proposals each year from which the Hale Fellow is selected. Halliday Library Collection Dot and Bill Halliday established the Halliday Library Collection in 2000 to support the resources of the Joseph R. Hyde, Jr. Library Learning Center. Earnings from the endowment will provide funds for the purchase of books and journals. Dot Halliday was a long-time MUS bookstore staff member. The Hallidays have three sons who attended MUS: Charles B. Allen '77, William P. Halliday III '82, and Allen P. Halliday '85. Joseph R. Hyde III Faculty Endowment Fund This fund was established in 1989 in honor of alumnus and board member Joseph R. "Pitt" Hyde III '61. Earnings from the endowment provide income used for the improvement of faculty salaries. Library Endowment Fund A part of the permanent endowment, earnings from this fund provide budgetary assistance that is designated specifically for use in procuring books and resources for the Joseph R. Hyde, Jr. Library Learning Center. Loeb Endowment for Academic Support As MUS raises its academic standards, the school must likewise raise its level of academic support. Trustee Robert E. Loeb '73 established this endowment in 2003 during the Doors to New Opportunities Campaign. The income is used by the academic dean to develop and fund programs that provide academic support. John M. Nail Endowment Fund This fund was established in 1988 in memory of John M. Nail by his former students. Nail taught English and history at MUS in the late 1950's, instilling in his students an enduring "love of learning." Income from the endowment provides funds to support faculty development: (1) the John M. Nail Outstanding Teaching Award; (2) the John M. Nail Teaching Fellowship; and, (3) the John M. Nail Departmental Award. The recipient of the awards and fellowship is determined by the Senior Class and is presented each year to a faculty member who teaches in the Upper School. Mark Cooper Powell Award Fund Given in honor of Mark Cooper Powell '80 by his parents, Marilyn and Edward Powell, income from this fund provides an award to the graduating senior who, through persistence and courage during his career at Memphis University School, has shown the greatest development of character and scholarship. James C. Rainer IV Family Library Collection Missy and Jim Rainer '77 established this fund in 2000 in honor of their sons Jimbo '05, Alex '06, Peter '10, and Wil '13. Income from the endowment will provide funds to purchase books by and about Southern writers for the Joseph R. Hyde, Jr. Library Learning Center. King and Judy Rogers Endowment for Leadership Development Judy and King Rogers, parents of King W. Rogers IV '98, provided this endowment in 2000 to fund annual leadership development programs for MUS students. The income from the fund provides the resources for a renowned speaker on leadership, quarterly workshops for juniors and seniors, and additional leadership programming. |
