Benefactor leaves $100,000 to Lambuth University

5/13/2009

Lambuth University recently received a donation of $100,000 from a private donor.

The benefactor, Fred Wells, passed away in 2007, at age 83, and left money in his will to support higher education.
 
Alan Wells, son of the benefactor and father of two Lambuth graduates, visited campus to present the check to Dr. Jerry Israel, President of the University. With him were his two daughters, Rebecca, 22, who graduated from Lambuth in 2008, and Rachael, 20, who is a student at Freed-Hardeman University. Also present was Deborah Isbell, senior vice president and trust officer of Bancorp South.
 
When asked why Lambuth was chosen to receive the money, Alan Wells responded, “Dad was always a supporter of higher education. He had two grandchildren in school at Lambuth, and he was pleased with the results. I am happy to be able to do this for him and hope that I can do the same when my time comes.”
 
“This was a specific bequest under his will, his last wishes,” added Isbell. “At Bancorp South we had the privilege of working with Mr. Wells and his lovely wife and it is such a privilege to be a part of this.”
 
The Lambuth graduates in the Wells family include Alexander, 24, a political science major, graduated in 2007, and Rebecca, 22, a 2008 graduate with a degree in communications and public relations.
 
“Grandfather told me, ‘you have to take a class with Charles Mayo, he is a great, great friend of mine,’” recalled Rebecca. “I think he would be proud that we grew up knowing the value of education.”
 
“We are very grateful for your support and glad to be able to honor your father,” said Israel.
 
Fred Wells was a graduate of California Institute of Technology, where he studied engineering. He served as a fighter pilot in World War II and later worked at Procter & Gamble Co. where he worked his way up from an engineer to a vice president.
 
“He would give incentives,” said Alan Wells. “He would call up some guys and say, ‘I can give $20,000, how much are you going to give?’ Education is the enabler, he always said—if you’re only half as smart, you only have to work twice as hard.
 
“Dad has always been a giver to colleges and church, and I’m happy to continue this giving with his death,” he added. “We believe in Lambuth.” •