University of Kansas Receives $1.2 Million Bequest

The University of Kansas has announced a $1.2 million gift from the estate of Virginia Davis to provide scholarships to students in its School of Pharmacy.

The gift was awarded in honor of Davis's husband, William, who earned his bachelor's degree in pharmacy from KU in 1940 and went on to serve as president of Ayerst Laboratories. After his death, Virginia Davis established a charitable remainder trust, which expired ten years after her death in 2000, with the principal going to the William L. and Virginia F. Davis Memorial Scholarship, which is managed through the KU Endowment.

"On behalf of the KU School of Pharmacy, I want to thank the Davis family for this generous gift," said the school's dean, Ken Audus. "The scholarship fund that they have established will create opportunities for KU pharmacy students for many years to come."

"$1.2 million Estate Gift Creates Scholarships for KU Pharmacy Students." University of Kansas Press Release 06/22/2011.