Wellington residents John T. Stewart III and Linda Bliss Stewart and their family have committed $500,000 to the Kansas University Endowment Association for Kansas University, Chancellor Gene Budig announced today.
The gift will be included in Campaign Kansas, KU's $177 million fund drive. The gift will be divided among scholarships for the School of Business, the Lied Center, athletic building expansion and unrestricted use by the School of Fine Arts, the KU Alumni Association, the Stewart Children's Center and the Endowment Association.
Joining John and Linda Stewart in making the gift are their four children, who graduated from the College of Liberal Arts and Sciences at KU. They are John T. Stewart IV and his wife, Dawn; Steven "Scott" Stewart; Deric A. Stewart and his wife, Mindy; and Dru Stewart Fritzel and her husband, Thomas.
"OUR FAMILY believes that support for higher education is fundamental to the future success of our state and nation," John T. Stewart III said.
Stewart, a 1958 graduate of KU's School of Business, is president and chief executive officer of Plessey Aero Precision Corp., Wellington, a subsidiary of General Electric Corp. of Europe. He owns and operates Stewart Properties, a real estate, banking, farming and investment company.
He is chairman of the endowment association board and has served on the board since 1967. He also is a member of the executive board for Campaign Kansas. In 1985-86, he served as national president of the KU Alumni Association.
IN 1978, Stewart received the Fred Ellsworth Medallion for unique and significant service to KU. In May, he received the Distinguished Service Citation, KU's highest honor.
Linda Stewart attended KU with the class of 1960. She is active in promoting civic, social and cultural community beautification projects.
She serves as president of the Futures Funding Foundation, a community organization that assists people with mental and physical handicaps.
She is a member of the Chancellors Club and serves on the KU School of Fine Arts advisory board.