Grace Groner, A University Angel

Lake Forest College received a more than generous gift from a woman whom some are calling “Amazing Grace.” When this 100 year old Lake Forest graduate died in January, she donated her entire estate to the college, totaling $7 million! In the past, Groner donated $180,000 to the school towards a scholarship program which allows at least 1,000 students to get internships and study abroad. In 1935, she bought $60 shares of Abbot Laboratories where she worked as a secretary for 43 years. Over the next 70 years made when the shares split, Grace made investments which allowed her original stock purchase to turn into a huge fortune. Her modest home is donated to the school and will be named “Grace’s Cottage” and used as a place to live for woman who received scholarships. See her amazing tale at http://today.msnbc.msn.com/id/26184891/vp/35722825#35722825.