Wingate dedicates Porter B. Byrum School of Business

L-R: Joe Graham, dean of Porter B. Byrum School of Business, Tom Williams, chair of Wingate University Board of Trustees, Porter Byrum, Jerry E. McGee, president of Wingate University
Wingate, N.C. – Wingate University held a dedication ceremony Oct. 1 for the newly named Porter B. Byrum School of Business in honor of philanthropist and businessman Porter B. Byrum, whose most recent gift also will fund a $10 million endowment for Byrum Scholars.

The Porter B. Byrum School of Business offers nationally accredited bachelor's degrees in accounting, finance, management and marketing, and master's degrees in accounting and business administration. Ninety percent of the business school faculty hold terminal degrees in their discipline.

“The students, faculty and staff of the School of Business could not be more pleased with the naming of the school after Mr. Byrum. His unprecedented generosity will enable the business school and indeed the University as a whole to significantly enhance its assistance to students in years to come,” said Joe Graham, dean of the business school.

The Byrum Scholars Program will aid incoming freshmen who need up to $5,000 to bridge the gap between what they have – including academic awards and loans – and what they need to attend the university.

“Mr. Byrum understands the importance of education and expressed an interest in helping as many students as possible realize their dreams through his donation,” said Dr. Jerry McGee, Wingate University president. “The Byrum Scholars Program is designed to give deserving students the chance to major in a great life at Wingate.”

The first group of Byrum Scholars will be selected prior to beginning classes in the fall 2012. Dr. McGee estimates that up to 125 new students will be accepted into the program every year.

In June 2011, Byrum donated Park Road Shopping Center to Wingate, Queens and Wake Forest universities. After the universities agreed to sell the center to Edens & Avant, one of the nation's leading real estate leasing agents and developers, Wingate received $20.9 million from its portion of the sale. In addition to funding the Byrum Scholars endowment, the proceeds will be used to create an endowment for the School of Business, aid in the construction of Wingate’s new Matthews campus and build a new residence hall.

About Wingate University
Founded in 1896, Wingate University is a comprehensive university with more than 2,300 students on three campuses in Wingate, Matthews and Hendersonville, N.C. The university offers 34 undergraduate majors, 37 minors and career concentrations, numerous pre-professional programs, graduate degrees in business, accounting, education, physician assistant studies and sport administration, and doctorates in pharmacy and education.

With a 14 to 1 student/teacher ratio, Wingate students gain the tools and support they need to excel in academics and apply that learning toward an extraordinary career and life. The campus community offers in-class learning, out-of-class experiences, strong mentors, a competitive yet caring environment and rewarding community service opportunities for a complete educational experience.

In addition to a robust intramural athletics program, Wingate student athletes compete in 19 NCAA Division II sports, and the University has won the South Atlantic Conference Echols Athletic Excellence Award for the past five years.
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