Archive for Thursday, April 25, 1991

$30,000 TRUST PLEDGED TO KU

April 25, 1991

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John E. "Jack" Shumway of Overland Park has established a $30,000 charitable remainder trust that ultimately will benefit students majoring in science, mathematics or engineering at Kansas University, James Muyskens, dean of the College of Liberal Arts and Sciences, announced Thursday.

"This generous gift will enable the College to attract and retain promising students in these vitally important scientific fields and thereby enhance their contribution to their communities and their nation," Muyskens said.

A charitable remainder trust enables donors to make gifts to the KU Endowment Association and at the same time receive a life income.

The John E. Shumway Charitable Remainder Annuity Trust eventually will establish scholarships honoring Shumway's late wife, Donna Marie Edell Shumway, who died in January 1990. Students majoring in biochemistry, biology, chemistry, mathematics or physics in the College of Liberal Arts and Sciences and engineering physics in the School of Engineering at KU will benefit from the scholarship fund.

Donna Shumway attended the University of Minnesota and received a bachelor's degree in education. She and her father, Edward Schimmele, owned a real estate management firm in the Kansas City area.

Jack Shumway attended Fort Scott Community College. He was a Navy pilot in World War II and later spent 35 years in sales and marketing.

Two of Jack Shumway's four children attended KU.

The gift has been included in Campaign Kansas, the university's fund-raising effort.

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